COMMERCIAL.

New Zealand Mail, Issue 1263, 14 May 1896, Page 8

COMMERCIAL.

The New Zealand Loan and Mercantile Agency Company, Limited, report tor the week ending Bth May, 1890 : VVooi,.—Under date 7th instant our London ofliee cables as follows : "Shi3<3 the close of last sales greasy washed and scoured merino, medium and interior, are id to Id per lb lower ; scoured merino super, line crossbred washed and scouivd, and medium greasy crossbred are id per lb lower ; washed merino super and line greasy crossbred are Id per 11; lower ; medium crossbred, washed and scoured, greasy merino lambs, superior, medium and inferior, are Id per lb lower ; srreasy crossbred lambs are .Id per lb higher ; scoured crossbred is par to .Id per lb lower; coarse crossbred, greasy, washed and scoured, are par to id per lb lower; slipe has declined |d per lb ; crossbred, market easier. Competition by both Home and foreign buyers is active, except for wools of a faulty character, which are neglected. Thoro is no American demand. Up to date G 9,000 bales have been sold. The total quantity withdrawn is 9000 bales." Local transactions arc now of a limited character. During the week we brought forward a small catalogue of oddments, which was disposed of privately at satisfactory prices. There is now a very active enquiry for good, clean crutchings, for which we quote Id to lid per lb, according to condition. Sheepskins are coining forward freely, and continue to realise late rates. We quote: Prime full-woolled crossbreds, m to s|d ; medium to good, kl to l-;d ; inferior and broken, I'd to 3Jd per lb ; factory skins, 3s 9d to Is 3d ; butchers', 2s 3d to 2s Od ; modium, Is Gd to Is lOd; pelts, 5d to Is each. , RabbitskiNS.—Advices from South report a sli'dit improvement in values, best autumn being quoted at 9d to y.}d. Other descriptions remain unchanged. Hides are in short supply. We have no change in values to report. Quotations : Prime stout ox, well flayed, 3Jd ; medium, 3',d: light, 2 : ;d to 3d; green cowhides, 2;d ; calfskins, 3{-d per lb. Tallow.—The quantity coining forward continues limited, while the demand for local use is active. Prices remain firm at the level of those last quoted. Frozen Meat.—Latest London advices report the mutton market weak at for Canterbury 3.Jd and Wellington 2H per lb. Frozen lamb market weaker; prime New Zealand lambs are worth per carcase -lij per lb. ilEMi'.—Market unchanged. Little or no business passing. Quotations are nominally ,£0 Ids to .£lO per ton. Funcius.— Very little offering. For clean, dry parcels we quote 3d to 3|d per lb. Grain.—Wheat—Practically no bn.-inoss passing except in feed parcels, which are a shade easier since we last reported in consequence of supplies having come forward freely. We quote For good, whole fowl feci, 3s 2d to 3s sd, ex store, sacks extra. Jats—Southern prices continue to harden. Locally, values are a shade firmer. Quotations—Prime, stout feed, 2s 3d to 2i3ld ; good feed, 2s 2d to 2s 2Jd, ex store, sacks m. CHAFF. Market weaker. We quotePrime, bright, heavy in oats, (55s to 07s Od ; medium, 00s to <;2siil, c.i.f'., sacks in. Potatoes.—Stocks are still heavy, and

values inclined to be lower. We quote Prime table Derwents, 58a Gd to GOs, exstore, sacks in.

The following London market cablegram has been received by the New Zealand Loan and Mercantile Agency Company, Limited : Frozen Meat Lamb market weak. Prime Now Zealand lambs arc worth per carcase 4id per lb. fallow—Market weak. New Zealand fine mutton tallow is worth 20s 3d per cwt. New Zealand good beef is worth 18s 3d per cwt. Quotations nominal.

Messrs Lakry and Co., Limited, report for the past week as follows: Wheat.—A fair business has been passing during the week, but values, if anything, are a shade easier. We quoto-Whole fowl wheat, 3s 7d to 3s Sd ; broken, 3s 5d to 3s Gd ; prime milling, 3s 8d to 3s Od. Oats.— The market continues firm at prices showing an advance on previous quotations. Bright, short food, 2s 3d ; medium, 2s 2d ; Danish, 2s 3d ; duns, 2s 4d, ei store. Barley—Malting barley is worth, nominally, 3s 9d, for primost samples ; feed, 2s Bd. POTATOES.—Choice Canterbury are worth GOs; Oamaru, G2s Gd to Cos; Blenheim, 57s 6d to 58a 6d.

Onions.—ln fair demand at £Q 10s to £7 per ton. . Chaff. Considerable quantities have passed through our hands during tho week at prices about oa a par with last quotations. Prime, bright, heavy, G7s Gd to 70s; medium to good, GOs to Cos per ton. M/ize. 3s 2d to 3s Gd; pollard, 9os to 9 is Gd • bran, 80s; oatmeal, -£ll ; roller flour. Jio'os to £9 10s ; factory chess,?, 3*d to U,d ; separator butter, choice brands, 9id ; dairy, 7d to Sd. Sheepskins.—Largo consignments nave reached us during the week, ar.d no difficulty has been experienced in securing buyers at unaltered prices. Prime full-woolled (well saved pelts) are worth s}d to 5 ;d : ordinary to (rood, -Id to 5<J ; inferior, 2.1 to old per lb. Butchers' best lines realised up to 2s lid; ordinary to good, Is 7d to 2s ; pelts, Od to Is each. , ~ . , Tallow.—Well rendered mutton, in casks, 17s Gd tolSsGd ; in tins, 10s to 17s; rough fat, 12s to 13s per cwt.

Messrs Freeman It. Jackson and Co.'s Wanganui stock report (telegraphed last week to the New Zealand Mail) is as follows : We have to report on the special sale at Mr P. Bourke's farm at Whenuakura, the Waverley sale on Monday, and to-day's sale at Wanganui. Bidding at all sales was animated, and we succeeded in clearing the yards at Wanganui and also at Waverley, with the exception of the line of 2-toothowes. Cattle are in belter demand, and sheep maintain late rates, liound sheep sell readily, but others are difficult to quit. Pigs were in fair supply at Wanganui, and wore m better demand. Cattle—At Mr Bourke's:

Cow-; .£2 Is; weaners, 225; bandied heifers, 3ls Gd to £2 3s Gs ; steers, £2 Is. At Waverley : Yearlings. 22s Gd to 235: milch cows, £■) 5s ; steers, JJMts; heifers. £2 ISs to £3 3s. At Wanganui: Fat eows, A 3 to £1 lis; IS months, mixed, 2s II; weaners, Lis Gd to lbs Gd- steers, £2 5s to ,£3 Us; milch cows, £1 Ills' to £') ss. Sheep—At Mr Bmukes: Wethers, 8s 11; ewes, Is 7d ; ewes in lamb, 8s 1.1; culls, Is Gd; lambs. Is 0d to Is lid; culls '2s 7d. At Waverley : Empty ewes, Gs Gd; ewes in limb, 3s 8 1 to 5s Id; 2-tooth owes in lamb, 8s Gi; shorn lambs, Is Od to 5s Id. At Wanganui; Wethers, 0s Id ; old ewes in lamb, 3s fdry ewes, 2s 7d to 5s 7d ; lat ewes, 8s 5d to 8s Gd ; cull lambs, 2s Gd. Pigs Baconers, 15s to 33s ; porkers, Us 3d to lGs Gd; small pigs, :U to Is Od.

Messrs Freeman- ft. Jackson and Co.'s Johmonvillc stock report (telegraphed las week to the New Zealand Mail) is as follows :—The cattle at the market to-day were generally inferior, light bullocks, some only stores, and heifers, with the exception of one line of good, well-fatted bullocks. The prices show an improvement in value. No wethers came fo-ward. The ewes were fairly "■ood, and the lambs very nice. Pork pigs sold well. Cattle-Best bullocks, £G 5s to XI 17s Gd ; others, ,£•> 5s to .£5 10s ; heifers, £'.) to £r> 2s Gd. Ox beef made 17s, cow beef 15s the KtOlb. Sheep—Ewes, Ss 4.1 to 9s sd; lambs, Gs lOd to Bs. Pigs-Baconers, 20s to 31s ; porkers, 17s to 17s Gd. Messrs A. G. Taine and Co. roport of the markets for the week ending May Bth : Fat sheep—Market firming, prices moving up : best, Us to lis (id; medium, 9s to 10s : ewes, 8s to 0s Gd. Store sheep—Have placed good lines of fresh wethers up to its ; owes in lamb, sales 7s to 8s; for young sheep, 5s Gd to Gs Gd for f.m. ; lambs, Gs to 7> ; others, Is to ss. Fat cattle -We quote prime beef, 10s. Store cattle—Weaners selling better, 20s to 255; vearlings, 35s to 10s ; 2-year steers, ,£2 15s to .£3. Dairy cattle—Cows m very short supply, and great demand. Sold every hue out on' our books up to .£8 10s for good youiH' milkers close to calving ; could place any number. Pigs-Nothing doing except in baconers, 35s to 40s ; porkers, 20s to 22s Gd. Sheepskins—Market bare of supplies, and selling well. At our weekly sales we can placo°any quantity. Dry skins, 5d to sid, and Id to lid for lighter skins; green skins, Is for woll-woolled butchers' skins. Properties—We have nothing further to report upon these since last week. The demand still continues. We have been approached so often about holding property sains that wo now intend to inaugurate a regular system of weekly property sales, and will hold our opening 'sale on Saturday, 10th May, and on every Saturday after that date ; lull particulars of the properties will be duly advertised. We have almost a full list lor the first sale. Those wishing to take advantage of these sales should send us in particulars of tho properties as early as possible. Messrs A. G. Taine and Co. report o their horse sale on Saturday :—Tho entry was a medium one, and of the poorest description we have seen iu the yard for a long time with a very few exceptions. Although we mode a good number of sales, they arc not worth quoting. There is asingular absence of (rood horses coming in just now, ami scarcely any draughts. Good harness horses with some weight in them would sell readily and well; so would good draughts. We hope to offer some good sorts next week. In the meantime quotations stand about as follow: —Heavy draughts, young and staunch, -C2lto £2B, and even more for clinkers ; harness hor-'cs for express and general spring cart work, .£l2 to £U> for best, £8 to £U) for medium.

Sydney. May 1. With the month just ended business in the import market closed dull, values remaining steady. Breadstuff's were quiet and unchanged : feed produce lines quiet. Maize declined Id. pending the arrival of large shipments of potatoes, and onion- were easier. The demand for all sound investments is very active, there being plenty of outside capital offering, the only hindrance to business being the firmness of holders. Government securities and banks are exceptionally linn. Only small parcels of stocks are available, but these change hands at good advances. Victorian 4 per cent, debentures were sold at 111.1, the highest price yet touched. Bank deposit receipts are in steady request at full prices. New Zealand insurances had sales at Sydney at 07. The Newcastle strike is depressing coal shares, which are declining. Sydney, May G. Wheat-Chick, 3s 4d to 3s Gd ; milling, New Zealand, 3s 7dto 3s Sd ; local, nominally, 4s 3d to Is Id. Flour—New Zealand, £\) 5s ; local, £lO ss. Oats—Prime feeding, 2s 3d. Maize-Prime, 2s Id. Barley-Cape, 2s Od to 3s. Pollard, 'Old. Peas—Prussian Blue, 3s Gd to 3s od. Potatoes—Local, £2 10s ; New Zealand, M ; Circular Heads, .£3 5s to .£3 10s. Onions—Best Victorian, .£0 to £6 10s; New Zealand, £s. Butter Factorymade, lOd to lid ; dairy, Od to lOd. Cheese —New Zealand, largo, Gd to OJd. Bacon, sid to Gd. Melbourne, May G.

Wheat Fair milling, 53 lid. OatsAlgerian, common feeding, 2s 9£d j milling,

3s Id. Maize. 3s 7d. Barley—Cape, 3s Gd. Bran, Is Id : pollard, Is 3d. Adelaide, May G.

Wheat, Is 3d. Flour—Roller brands, .£lO 5s Oats—Algerian, 3s Gd to Is ; stout white, 3s Gd. Barley, Cape, 2s Gd to 3s ; bran, lOid ; pollard, 10 J. NAriER,May7.

The Colonial Consignment and Distributing Company cabled to Nelson Brothers yestertlay .—Market quotations are—Best Canterbury mutton,3]d per lb : dittoDnncdin, 2;d; ditto Napier and North Island, 2^l. London, May 0. The total quantity of wheat and flour afloat for the United Kingdom is 2,230,000 quarters, and for the Continent 1,180,000 quarters'. The American visible supply of wheat is 80,400,000 bushels. National Bank of New Zealand shares, .11 5s • Bank of New Zealand 4 per cent, guaranteed stock, 1051, ex interest ; New Zea'and Loan and Mercantile Agency Company a 4 per cent, prior lien debentures, 98. London, May S. Frozen mutton—The market is unchanged. Lamb, New Zealand, 4j!d. The hemp market is unchanged. The English wheat market shows a general decline of Gd. The Continental market is steady ; and the American declining and weak. No. 1 best Scotch pig iron, 45s Od. Sugar, flat-German, 12s 3d; Java, !3s9d. The hemp market is inactive, and New Zealand has been with drawn. Butter, dull, ;-Hs to SBs ; Danish has fallen three kroner. J'he Bmk of England returns published to-day show the total reservo to be the proportion of reserve 1 ) liabilities being OS'-lo per cent. Three months' lulls are discounted at ' per cent. The following are the latest quotations for Government .securities: -

*fnterest payable in May and November. •(•Interest payable in January and July.

At auction 2530 cases kauri gum were offered, of which 821 have been sold. Threequarter scraped brought 92*, and half scraped 50s. The stock on hand is 88 i cases. London, May 10. Tallow—Fine mutton, 20s; medium, 10s; fine beef, ISs 3d; medium, 17s Gd. HidesNew South Wales, heavy ox, 3.1 d ; light 3„d ; cow, 2id ; basils, New Zealand strained, 8 2 d.

CHPTSTCIIUKCII PRODUCE MARKET OiißisTCiiußCir, May 0.

A fair amount of business has been passing in all descriptions of grain during the past week, and the markets generally present a healthy tone. Wheat oifes sparingly, and any lines forward are readily taken at lull rates. Oats meet with keen competition for all sorts ; short feed and milling sorts_ are especially in demand, and prices have risen about 2d per bushel. Potatoes, which weakened in the early part of the week in sympathy with Sydney, have now recovered, and are again firm, as also are onions. Oatsheaf freely taken for export. The following are the current prices:— Wheat -Pearl (prime milling), 3s 3d to 3s hi; millers' mixed lines, 3s 2d to 3s •Id ; Tuscan, 3s 3d to 3s 3.1.1 ; Hunter's, 3s 2d to 3s VA ; good seconds, 2s 81 to 2s led. Oats—Prime milling, 2s to 2s 2d ; short feed, 2s; duns and Danish, 2s. Barley Malting, prim", 3;i Gd to Is; medium do 3s 3d to 3s od ; second quality, 2s Od to 3s : feed, 2s 3d. lieaus-Wellsaved,2s 3d; ticks, 2i ld to2s GI. Peas—Blue Pni-sians, 3s Gd to 3s Od ; others, 3s to 3s Id. Flour —Millers quote, roller, £10; stone, £'.) 10s. Sharps, £1; bran, .£3 10s; oatmeal, .£10: oatsheaf chaff, 47s Od at handy country stations. Onions, .£7 10s, at country .stations. Potatoes Derwents, 32s Gil to 33s at country stations. Grass-seed: Ryegrass— Farmers'lots, 2s to 2s 0.1; machine-dressed, to '.'!"■ 0d ; heavy weight, Is. Cocksfoot—2hl to 3'd ; town machino-dressod, II to 4{-d, extra" to-lid. Dairy produce: Cheese—3Jd to Id ; loaf. Id to I'.d. Butter-Factory, led ; dairy, 8d to Od. Salt, Gd to 7d. Bacon and hams, Gd.

THE ADDINGTON MARKET. Ciiristcuukch, May G

There were heavy yardings at the Addipgton Market to-day and the sale was not finished till after dark. Business on the whole showed a healthy tone, but many lines were withdrawn, the salesmen not earing to submit them by torchlight. FA Cattle. -20) heal cattle yarded ; demand fairly active for best sorts. Steers X.> 17s Od to JJS; heifers, £l 12s GI foJJiiOs: cows, £■', 12s Gd to .£;. Dairy Cows. The yarding was ol the u.suai miscellaneous character. Better class met with fair competition, .£5 to £3 ; others, JJ2 to .£ 110 s. . Store Cattle.—Tho yarding showed an improvement in quality ; 2i to 3-year-old steers, £1; heifers, Xo 15s; 18-months-old cattle, £2 5 s Fat'Sheep.—Very heavy entry, market for freezin" sort!) somewhat irregular, and prices, if anything, slightly lower. All really prune ewe mutton »vas eagerly competed for by the trade; secondary quality sold i airly well mi the whole, but inferior sorts could only be quitted at a reduction on the rates recently ruling. Best heavy-weight crossbred wethers, lis to lGs ; prime freezing wethers, 12s ,td to 14s Gd- ditto, mixed sexes, lis to 13s Od ; modiani wethers, 9s to lis ltd; prime heavyweight young ewes, 12s to Its; best quality aired ewes, its to Us; medium trade ewes, 7s Od to 10s 3d ; merino wethers, 7s to 7s Gd ; owes, Gs to 7s Gd. Fat Lambs.-Heavy entry; good sorts about held their own, but othors hard to quit. Prime lambs, 9s to 12s ; medium, 7s Gd to 8s Gd ; others, 5s Gd to Gs Od. Store Sheep.—The yards were unable to accommodate the large entry. Forward turnip sheop and young breeding ewes quite held

their own, but anything of secondary to inferior quality was easier. Pin. s ._ A heavy yarding caussd matters to be slightly easier for all but really wellfinished animals. Prime grain-fed baconers, 3d per lb ; good porkers, 2;d to 3d.

Variation as . compared 1 Price. with last week. Im <".\ N.S.W N.S.W N.S.W Victor Victor S. Aus S. Aus Queen Quoon NewZ Now/ New Z W.Au. Tasma 11H ,ai in tr tn •il: Hi vx ja ea tr ill ola, 2'] p.c. [■ ])er «3cnt. ',', p.c. ! per cent. i 4 p.o. ilian 4 p.c. ilian '■'>!, p.c. n.i t p.o. ml 3J p.c. an.Up.o* an<l:U p.c.f ! land 3 p.c aliano! p.c. in 3J p.c. J .£ s 111 1 122 IDS I mi i in i 107 < 11:1 . ill IK 109 • 115 11 1(19 l 101 . 110 1 103 . ) < > ' i < ) ( > i > ) ( ) ( ) ( 5 ' 15 - low 10 - his Unohai R.'-hiff Unohai Unchai Unchai 5 - liisr Unohai 5 - hi« Unchai Unchai Unchai 5 - hig or ier fjed lor tfO.1 -0.1 ier 1,'Cll ier lycil i?e«l ffed ier