COMMERCIAL.

New Zealand Mail, Issue 1262, 7 May 1896, Page 6

COMMERCIAL.

Messrs Freeman R.Jackson ANnCo.'sW.inganui report (telegraphed last week to tho Mail) is as follows: Tho cattle entered for the salo here to-day sold freely, the bidding being brisk. "Wo all that offered. Sheep wore at last sale's rates. Pigs show no improvement in values. Cattle —Pat cows. £3 lGs to £1 4s; steers, £2 5s to £& 9s; forward bullocks, £\s to .£1 18s; cows, £2 3s Cd to .£2 5s (Id ; milch cows, .£5 2s (id ; weanors, 13s. Sheep—Xo fat sheep wore penned. Store wethers, 7s 8d to 8s lid. Pigs—Baconcrs, 21 to 21s ; largo pork, 15s to 17a (id; others, 12s to lis. Tin-; New Zealand Loan and Meiicanni.E Agency Company (Limited) report for the weekending Ist .May, 1893 : Wool.-—Cabling under date 23th ultimo, our London oliiee advises that the third series of sales opened on that date to a good attendance of English and foreign buyers, and that competition was f-.irly animated. American operators aro holding aloof. Compared with the closing rates of last silos, values of all descriptions, excepting coarse crossbrods, hive doo'iued 5 per cent. Subsequent advices report course ?ro.vhreds a shade weaker. 'I ho selection of wool offered

is reported to be rather indifferent, whiuh may largely account for tho fall in values. Local transactions rial-ills' the past week h tvo boon confined to tho usual oddments, which continue to rcaliss late rates. S'ikei'.skins arc in plentiful supply. Our catalogue this wool: contained a largo number o) country dry .-kin-, with (din u.su il om|)lumont of butchers' parcels, which changed lundi at ratislaotory prices. Wo quote - Prime full-woolled erossbreds, 5d to Oid ; medium to good, Id to 4,'d ; inferior and broken, i[ 1 to 3,'d per lb. Factory skins, 3-; (id to Is; butchers', 2i fo2; 9d -. medium, LsG ho 1 ; PM; pell ', 5 1 to is ■■.x'j'i, according

to quality. Kai'.o: r..Ki:;;. -At the aueti m s.ihj held last week by our Duuodin office, tlia demuil was active and prices linn at -for bj.it autumn, 7id to 81d ; medium, lid to 7'!; Bumme.rr., 3 1 to Sid ; suckers and inferior, Id to2ldper lb. HiDKH. —There hav. been a slight falling oil in supplies this week, nevertheless we have dealt with a fair number at prices oa a level with tho-'of last week, vk. : OX, well flayed, 3WI ; medium, 3|d ; li:?ht, 2','d to 3d; green cowhides, 2;d ; calfskins. 3.|d per lb. ' Tallow.—Stocks are light, with an aetivo enquiry for all descriptions. Prices remain unchanged at—For mutton, 117 to .i'l7 10s; mixed and medium, £IG to £IG 10s ; inferior, £ls to £ls 10s per ton. Hkjip.—There is practically no business passing. Quotations aro nominally .£9 to .£9 10;: per ton. FONOUS is in fair demand at 31 to 3,(1 per Grain.—" Wheat is reported to be a shade easier in tho South. Quotations—Prime pearl, 3s Gid to 3s 7£d ; prime Tuscan, 3s lid to 3s 01; Hunter's wkito, 3s 3id to 3s old, e i f. sacks extra. Local demand continues much restricted, operations being confined to feed parcels, which have changed hands at 3s 2d to 3a sd, ex store, leicks extra. Oats continue firm at a level of last week's quotations, vi/..: Prime milling, 2s -Id to 2s sd; bright .-.tout feed, 2s 2UI to 2s 3d; good feed, i>s lid to 2s 2d. Cha'v.—A very active enquiry exists, and value* snow a hardening tendency, Prime 5

bright, heavy in oats, meets with ready salo at Gss to 70s c.i.f., sacks extra.

Potatoes. —This market is heavily stocked, and prices have receded 2s Gd per ton in consequence To-day's quotations aro 60s to 65s per ton, ex. store, sacks in, for table Derwonts.

Messrs A. 6. Taine and Co. report of heir horse sale on Saturday:—The entry was a small one and nothing of any class camo forward, being composed mostly of weedy sorts and a small consignment of unbroken light horses from Wairarapa. Unbroken horses never soil well hero, and thoso proved no exception. Wo sold tho most of our entry, and a few good ringing sorts would have sold, both harness and draughts. Very few of the latter coming forward now, and a good demand and a sharp riso has taken place in draughts, both North and South. Payers will require to increase their limits very considerably before their wants can bo supplied. A draft of heavy horses left tho Wairarapa lately for Auckland, whore there is a good demand for that cla«s, and tho largo sale of droughts at Ashburton on Thursday attracted a largo number of buyers, and groat prices wore realised. Our sales on Saturday were: Light harness sorts, £b to .£7 5s ; weedy sorts, about as usual; medium draught mare, ,£18; unbroken light colts, £l.

Messrs Abraham and Williams report : At Pahiatua on tho 2sth tho rough weather prevented a good deal of the stoek advertised from coming forward. Wc had entries of sheep, however, very few cattlo coming to hand. Sheep sold freely, wethers and sound mouthed owos in lamb being most in demand. Wc cleared the lot undoi tho hammer with the exception of two pons of young owes, for which moro was asked than buyers wero disposed to give. The few cattlo entered sold freely at recent market rates. A t Palnitfrston on Thursday wo had moderate entries. Sheep generally maintained list week's improvement in prices, and wo cleared tho lino witn the exception of one pen of wethers. Young- cattlo were freely competed for, and wc sold every pen under tho hammer at quotations. Pahiatua; Sheep —Two tooth wethers, Us 6d to 7s 2d ; 2-toofh Lincoln owes, in lamb, 7s KM; others, 5s (id; 1-tooth ewes, in lamb (small), 5s 9d; (i-toolh do, 5s lid ; full-mouth do, 5s Id to Gs. Cattlo 18-month steers, £2 Gs ; n ixed weanors, 20s ; fat heifers, £'■} 10s to £i 3s ; hoifer in calf, £1 lis. Pahnorston: J-hoep Forward wethers, 8s (id to 8s !)d; 2-tooth do, (is fid to 7s 2d ; call withers, 5s to 5s 7d ; fat owos, Gs (ill ; store ewes, 3s Gd to 4s lOd; shorn lambs, Is to Is (id. Cattlo—Empty cows (in low condition), ,£'l Us to £1 Is; yoirlin|s, :i7s Gd to £2 ; weanors, 18s to 25^. Wt Matthew Henry reportsof his Palmorst'ifi sale : Tho supplies for the day wero very small, and consequently tho public interest was not very manifest. Paring tho day the bulk of the FJfcoek changed hands at the following quotations : Cattlo—Fat and forward cows, £'■] 13s; cows and calves, £3 ; dairy cows, £3 Gs. Shcop—Forward owes, Gs: ewes in lamb (mixed lot), is 3d. Pigs— Weanors, 5s to Gs.

Sydney, April 29

Wheat-Chick, 3s Cd ; local, nominal, Is Id to Is 5d ; Zealand, to arrive, 3s sd, c.i.f. Flour, £lO ss. Oats—Firm, Now Zealand, good demand, best, 2s Id ; dark feeding, Is lld to 2s. Maize, 2s 3d. Parley, Cape, 2s lOd to 3s; bran and pollard,'.l|d ; peas, Prussian f'lno, 3s Gd to 3* fM. Potatoes—Local yrown, £2 15s ; Circular Heads, £3 15s. Onions -Victorian, £7 10s to £7 15s; New Zealand, £:.). Puttor-Dairy-niado. 8d ; factory, !)}d. Chccso-Plentiful, Mew Zealand, Gid. Paeon, 6d to 7d. Melbodrnb, April 20. Wheat-Milling, -Islljd ; sood. 5s 2d. Oats —lnferior Algerian, 2s lid to 3s ; white, up to 3s Id. Parley, Capo, 2s 3d; bran and pollard, Is to Is 2d ; potatoos, .£2 2s t}.[ t, £1 15s ; onions, £7 10s. Adelaidh, April 20. Wheat, Is 3d. Flour-Kollcr, .£lO ss. Oats —Stout white, up to 3s (Id. Barley—Cape, 2s Gd to 3s. London, April 20. Tho total quantify of wheat and (lour afloat for tho United Kingdom is 2,320,000 quarters, and for tho Continent 1,020,000 quarters. The American visible wheatsupply is estimated at 81,700,000 bushcis. Australian ami New Zealand Mortgage Co.'s -li per cent, debentures, £33 10s. Dalgety and Co.'s shares, £5 15s ; do. i\ por cent, debentures, £1:21. Silver, 2u 7 3161. London, May 1. The Pink of Fngland returns published to-day show the total reserve to ho £33,118,000, the proportion of reserve to liabilities bein,' 50'5l por coat. Three months' bills aro discounted at 1 por cent. Tin following aro tho latest quotations for Governnic.it bocuritios :

'lnterest payable in May and November, tlnferest payable in January and July. New Zealand mutton—First quality, 3[d per lb ; second, 2-d. Tho hemp market is unchanged. Good colonial butter is selling slowly at 88s to '.ids. The English wheat market is quiet and inclined to weakness, the Continental steady, and tho American has a downward tendency. Colonial oats, fine quality, 2ts Gd; common, 21s Gd. Peaus, 275. Sugar, flat—German boot, 12s 7j-u; Java, No. i best Scotch pig iron, f.o.b. in Clydo, 40s 4}d. Navier, May 1. Nel ion Bros, have received tho following London cable message:—Stoeks of frozen meat of all kinds are still very heavy. Today's market quotations are —Best Canterbury mutton, 3',d ; Dunedin, 2yd ; Napier and North Island, The sales last week were a little above the estimate,

London, May 3. At yesterday's sale 3 1300 casks tallowwere offered and 475 sold. Fine mutton brought 21s 3d : medium, 20s; fine beef, 19s ; medium, 18s 6d. Tlio stock now consists of 57,400 ca?ks. Sydney, May 4. With the ending of the monththo business of the import market closed dull, values remaining steady. Melbourne, May 4. The import market closes very quiet, practically nothing doing. THE ADDINGTON MARKET. CHRISTCnUBCH, April 29. There were largo entries in most departments at Addington to-day, sheep and pigs especially being well represented. There was a good attendance, and business throughout was brisk. Fat Cattle—There was a moderate supply of mixed quality. Prime sorts were scarce, and the sale lacked animation. Prices were unaltered—l 3-: to 17s per 1001 b for inferior and cow beef ; 18s to 20s for prime heifers and other sorts ; stcors, £o 17s Cd to £8 12s Cd ; heifers, £ll2s Od to =£o ; cows, M 15s to £G 2s 6d.

Dairy Cattlo—Good cows, £S to £1 10s ; inferior and aged, hard to quit, .£3 to £5. Store Cattlo—Most of the business transacted was done privately Fat Sheep—Large entry, and the sale for all prime sorts was really good. Prime cross-bred wethers, 13s Gd to 15s 9d ; medium do. and mixed sexes, 10s to 12s Cd ; heavyweight cross-bred ewes, 10s to 14s, according to ago; modium sorts, 7s to 9s Cd; merino wethers, Cs to Ss Gd ; ewes, 5s to 8s Gd. Fat Lambs— A large and mixed yarding sold well. Prime sorts, 10s Gd to 12s 9d ; others, 7s Cd to 10s. Store Sheep—Tlio yarding was very large. Turnip sheep well maintained their values. Lambs again mot with a ready sale for all healthy sorts, but small and weedy were elightly easier. Pest turnip crossbred wethers brought from 10a to 12s Gd ; mixed sexes, 10s to lis Id ; inferior sorts, 9s to 9s 10(1; two, four, six and eight-tooth breeding ewes, 7s 5d to 8s Id ; four-tooth ewes, 9s ; sound-mouthed lines, 5s Gd to Ss ; best lambs, 7s and 9s; and inferior to modium do., 2s Gd to 5s 3d.

Pigs—Tlio yards were again filled with pigs, amongst them being a fair proportion of prime fat sorts. Handy-weight baeoners and porkers brought 3d per lb, heavy weights a shade less. Storos w r ero dull at from 3s to 7s for small sorts, up to 12s for larger ones.

CHPJSTCIIUECH PRODUCE MARKET

Christchurch, April 29

During the week a fair business lias been passing in wheat at quotations for millers' purposes. Tho rise in the price of oats in the South has had the effect of still further hardening tho markot here. No _ sales of magnitude have been reported. A fair amount of oatshoaf chaff has been sold at up to 40s for good, bright lines. Onions have hardened, and potatoes weakened. Willi tho exception of onions (X'7 10s) quotations remain as tolographed last week. COLONIAL DAIRY PRODUCE IN ENGLAND. Messrs W. Weddol and Co. report under date 20th March : Butter.—The demand for colonial butter has been somewhat slower than last week, though a fair amount of business has been done considering the small quantity of butter on the markot. Had there been the samo quantity as last season prices must have fallen enormously; as it is values are 18s to 20s above the corresponding week of last year, while Danish and Swedish are only 5s to 10s higher. There is no chango in prices from last week for choicest colonial brands, which are becoming very scarco ; indeed, tho quality of none of them, even the best butters, is equal to what it was two months since, and, therefore, very choice parcels mako good prices. Odd lots have reached 102 s to 101 s this week, but this is qui to exceptional, and 90s to 100 s is tho average for choicest, and 90s to 94s for best factory. Pastry butters are sidling at far above their relative value, and may be quoted at 80s to 80s. Last year at this time those inferior butters were making only 50s to fi-i.s. The quantity of colonial butter competing with (Scandinavian is now too small to piny an effective opposition, and it would have been wiser for the Danes to have maintained last week's quotations, as the result of the present drop cannot withdraw the trade from Australian and New Zealand butters, and will only have the effect of weakening tho market. It is exceedingly doubtful if it will reduce tho price of colonial, thoiuh very probably that is what they expect to do. Cheese.—New Zealand is selling fairly well at 3Cs to His for coloured, and 41s for white. The quantity afloat from the Colony is Tongariro 218 cwL, Buteshire 3S2S and the Mamari 1113, which cannot be considered largo.

—. Price, j [Variation as compared with la.-1 ivcek. r g . (1. j riu. <:■■! isob, ii] p.o. 1.1 -J 10 0 1 '.'>• higher x.s.w. J: piJl' OGllt, l.!l 10 0 UuclMiigod. X.5.W. . :;j p o. 103 L.j 0 10/- higlior N.S.W, Victor! . :i per cent, ci ■!■ p.".. 101 in 10 0 0 0 5/- higher Unchanged Vi-ituri ;•*. An ii .■■;. Aiis! S A u-;t in 3J p.o. r.iliiin 1 p.o. luli.l'l !'•! p.O. ! ruli.ui :i ji.o. ! 107 11.! Ill lO'.l (i 0 JO o 0 0 0 Unclungo 1 '■> - lower 15/. highor Queen -; l/in.l 4 p.o. Hi! .') 0 5 • biffher QllOOHM liUid.'Ji p.o. 1 109 0 0 10/- higher N'ew/u alaii'Bp.o* 115 10 0 Unchanged 'JcwZc .11;111■ 1:*f. p.O.f 109 (1 0 10/- highor Now Zl lalaml 3 p.o. 101 .*) II .')'- higher \V.Ausl tralimi3£ p.o. 110 5 0 Unchanged i'a.smai lian 3| p.o. 108 0 0 10/- higher