THE MARKETS

New Zealand Mail, 29 January 1902, Page 48

THE MARKETS

Murray, Roberts and Co. have received the following wool-market cablegram from their London house, Messrs Sanderson, Murray and Co., dated 21st January, 1902: —The wool sales have opened firm, with good competition and largo attendance of buyers. Merino end fine crossbred, par to five per cent, advance; coarse to medium crossbred of good lustre and breed, advanced ten per cent.; coarse to medium crossbred, '"nferior descriptions, advanced five per cent.

The following cable has been received by the Department of Agriculture from the Agent-General, dated London, 20th inst:—There has been no alteration in the mutton market since last week. Kumara’s new season’s lambs, New Zealand brands other than Canterbury brand, 5d to 5Jd. There has been no alteration in tho beef market since last week. The butter market is steady, 100 s; Danish, 108 s; cheese, 50s. The hemp market is firm, quiet; New Zealand “good fair "Wellington'’ grade, on spot to-dav. £34 10s: February-April shipment, £'3-3 10s. Cocksfoot seed market is firm, inactive, 40s. Messrs Freeman R. Jackson and Co. (in conjunction with Messrs Abraham and Williams) report on their Johnsonv'llo sale as follows: —An entry of eighty bullocks met a good demand, best bullocks making £8 to £3 15s: others, £7 7s Gd to £7 17s Gd, averaging 21s per 1001 b. A few good bullocks made £6 to £G os; goods ewes, 9s Gd to 10s; medium ewes, 9s; wethers, 11s to 11s 2d; medium lambs, 9s. Laery and Co., Limited, report the following wholesale selling prices on the Wellington produce market:—Wheat, 3s Gd per bushel; oats, 2s lOd to 3s per bushel: barley, fowls’, 2s Gd per bushel; maize, 3s per bushel: flour, £8 5s per ! ton; pollard. £5 os per ton: bran, £4 ; los per ton; oatmeal, £l3 10s per ton; j chaff. £3 15s per ton: potatoes, kidneys, : £4 per ton ; onions, £7 per ton : ryegrass seed. 3s to 4s Gd per bushel; cocksfoot seed. 3d to 3?d per lb; butter, dairy 7d j to 8d per lb, pastry Gd to 7d per lb: cheese, factory, medium weights, od per lb: bacon, factory, GJd per lb; hams, 7Jd per lb; fowls, 3= per pair; roosters, ! 3s 6d per pair: ducks, 4s per pair; turkeys. hens 7s per pair, gobblers 9s to 13s per pair: geese, 5s to 5s Gd per pair: hen eggs. 9d per dozen; cabbages, 2s to 4s Gd per sack. SHEEP F AIR. Williams and Kettie, Ltd., of Napier, report having held their annual sheep fair on the 14th inst at the firm’s new yards at Waipukurau. A full yarding of representative sheep was offered to an exceptionally large attendance, representing buyers from the South Island, Waikato, Hawera, Wairarapa, and other important centres. Proceedings opened brisk, showing a decided intention to do business at prices vendors hardly ex- ; pected. The sale continued throughout j with spirit, enabling a clearance under : the hammer witli two exceptions, whicli were dealt for after the sale. Those : largely interested in stock left the yards satisfied that the market was far and away better than was expected. The sale opened with a succession of two-year-old heifers, which ranged from £3 Is to £3 7s Gd. A line of Mangakuri cows, partly empty and partly in calf, made £4. A line of 30 fat heifers from*" Blackhead made £O. Good milk cows from Mr Mellor, of Hatuma, made up to 1 £5 12s Gd. Yearlings to 20-month ! steers, £2 10s. Yearling heifers, £1 los. JMaekhead cows and calves (coupled), £5 11s. In the sheep department the sale opened with a line of heavy ewes from Arlington which realised 8s 3d, followed by a Ji ght lot from the same station at 7s 7d, succeeded by a line of 1000 2-tooth wethers from Mangakuri, which realised 7s Bd. These were followed by 500 Mount Vernon 4-year-old Romney ewes. The representatives of this flock proved the feature of the sale, the foregoing ewes, after keen competition, realising 11s. Another line of 1500 from tho same station realised 10s Gd, the owner, Mr Harding, thus finding himself in a similar position to that of last year; namely, being at the top of the tree in respect to prices. The Mangatarata ewes, while showing the true Lincoln type, proved rather low in condition, and in consequence suffered somewhat in price, making from Gs to Gs Gd. Pourcroro full-mouth ewes were also rather in condition, and made 7s 6d. A lino of 4-tooth wethers from Onepoto made 8s Gd. Forest Gate ! wethers, fat and forward in condition, 8s Bd. Ennismore 2-tooth wethers, low in condition, 7s 3d. Mangakuri fullmouth ewes proved a good lot, and made 8s Id. A small line of 4-tootli ewes from. Pourerero realised 8s sd. A small lot of half-furnisliod lambs 8s 4d. A draft of full-mouth Romney rams from Blackhead were readily disposed of at £2 2s. DITNEDIN, January 22. Fat cattle—lls head yarded, onetlijrd fairly good bullocks, tho balance being cows and half-finished cattle. Prices ruling wero about 10s better than last week, prime beef realising 26s to 27s per 1001 b; best bullocks,' £9 10s to £ll ss; medium, £8 to £9 ss; others, £fi 10s to £7.17s Gd; heavy cows, £7 to £8 2s Gd; medium, £5 15s to £G 17s j Gd; others, £4 to £5 10s.

Fat sheep—l 729 penned, the majority being well-finished ewe 3. Prices showed a decline of about Is per head. Best crossbred wethers, los 3d to 17s; medium, 13s 9d to los; inferior, 11s to 13s; best heavy ewes, 13s Gd to 14s 9d; medium, lls to 13s; others, 83 Gd to 10s 9d. Lambs—G62 penned. Prime were in good demand, but medium were easier. Best, lls 3d to 12s Gd; medium, 9s Gd to 10s 9d ; others, 7s Gd to 9s 3d. j Pigs—B2 yarded. All met with good | competition at last week’s rates. AUSTRALIAN PRODUCE MARKETS. SYDNEY, January 22. Wheat, chick, prime, 2s lOJd; milling, |3sldto 3s 3d. Flour, £7 os to £7 los; I Manitoban, £ll 10s to £l2 os. Oats, ! local Algerian, 2s Gd to 2s 7d; TasmaI nian, 3s 3d to 3s 4d. Barley, Cape, 2s 8d to 2s 9d; English, 3s Id. Maize, : prime, 3s Gd. Bran, 10R1. Pollard, Is ! Id. Potatoes, £5 to £G 12s Gd. Onions, j Victorian, £0 os. Butter, creamery, lid. Cheese, New Zealand, large white, 7d. Bacon, Gtd to Bld. Hams, New ; Zealand, 9id to lOd. MELBOURNE, January i Wheat offering freely; sales, 3s to Os | 3Jd. Flour, £7 to £7 os. Oats, AlgeI rian feeding, 2s 4d to 2s od; seeding, 2s Gd. Barley, prime, 4s 9d. Maize, 3s. Bran, l(Rd. Pollard, lid to lljd. Potatoes, £3 to £3 los. Onions. £4 cs to £4 las. ADELAIDE, January 22. Wheat, 2s lid to 3s. Flour, £7 to £7 os. Oats, Algerian, 2s to 2s 3d; stout, 2s od to 3s. Bran and pollard, lid. STOCK SALES. CHRISTCHURCH, January 22. At Addington to-day 160 fat cattle were yarded, mostly light to handy weights, with a few good steers. There was dull sale, and a decline of Is per 1001 b, beef ruling at 17s. Steers, £6 12s Gd to £3 10s, prime £9 to £ll, heifers £5 5s to £3 os, cows £5 5s to £7 *los. Stores—A mixed yarding met good sale. Fat sheep—3ooo, mostly ewes. Freezing wethers were in good demand, selling at 13s to 10s 9d, heavier up to 17s Id, lls and 12s Gd, others 8s to 10 Gs. Merinos were almost unsaleable, owing to the large yarding of ewes, and only one prime lot sold at 14s 3d. Fat lambs—sooo, including a number of secondary. This and careless drafting were responsible for a decline of Is to Is Gd. About 2500 were taken for export at lls 4d to 14s 3d; GOO by butchers at 9s 3d to 13s 7d; 650 by graziers at 9s to 10 s 8d: 1400 were passed at 10s to 13s 9d. Store sheep—6 Goo, mostly lambs. The dry weather caused less demand for ail sorts, and there was a decided decline. A few wethers made 10s lid to 12s Bd, dry ewes 10s 9d to 13s 7d, ewes and lambs 8s to 8s 2d, all counted. Lambs (about 2000) sold at 7s 3d -to 10s Bd, and 1800 were passed.

Pigs—about 000. All classes were easier. Baconers 35s to 525, porkers 22s to 28s, both averaging 3id per lb; stores 14s Gd to 20s, small sorts Gs to 10s Gd.

London, jai luary 21. The wool sales liave opened strong. Prices are from 5 to 10 per cent, higher than the closing rates of last sales. LONDON, January 22. At the wool sales Jacomb and Son, Balme and Co., and Buxton, Ronald and Co. offered 9494 bales, being a moderate selection. There was a large attendance from all quarters for merino, which was 5 per cent, above December rates; stylish crossbreds, fully 10 per cent.; slipes and shabby sorts, 5 to 7£ per cent. American buyers were operating best in crossbreds. Tallow.—At the sales 1024 casks were offered and 400 sold. Mutton, fine, 39s Gd; other sorts unchanged. LONDON, January 23. At tho wool sales there is brisk general competition, and opening prices are fully maintained. NAPIER, January 22. About 5000 bales were submitted at the second wool sale of the season today. There was a full attendance of local and English buyers. Bidding was animated, and prices for all bright and clean on the fine side were from -Jd to 3d per lb better than at the last sale, while coarser -sorts improved slightly. Half-bred fleece in light condition brought up to 7d; fino crossbred, 4jd to SRI; coarser sorts, in good condition, 3jd to 4d; heavier-conditioned logstained, 23d to 33d; lambs’ wool, good length and condition, 3£d; other sorts, 23d to 3d; pieces, 2d to 3d; bellies, 2d to 23d ; locks, Id to 2d.