THE MARKETS.

New Zealand Mail, Issue 1666, 3 February 1904, Page 70

THE MARKETS.

.Messrs Freeman R. Jackson and Co., with -Abraham and Wiljlaihs.iiiimted, report on villie f Ksale yesterday, as had .atfair yarding of-bullocks of p riffle.quality; Ta‘ '-'few pens of prime and'medium quality cows. Bidding was slow for ox beef, and cows were dull of sale. Beef made 20s to 20s 6d, heifers 19s :per 1001 b. Best bullocks <£B 10s, others JJB to <£B 2s 6d, light =£6 17s 6d to £7. 10s; heifers <£s 10s to £5 12s 6d, rough cows £4 10s to <£s ss, light stores .£3 12s 6d. Veal realised 26s per 1001 b, others (light) 17s. Sheep Avere of good quality, but slow of sale. Best ewes 13s, others 12s, wethers 13s 6d; stores, 4-tooth 11s, 2tootli ,10s. Lambs, prime quality,lls 9d; stores, 0s 3d to 7s. Small pork 13s 6d.

Dalgety and Company, Limited, Wellington, have received the following cablegram from their London office, dated 25th inst The wool sales continue very firm, especially for scoiired merino, any change in price being in favour of sellers. The wheat market is very dull. Prices are easier. AUSTRALIAN PRODUCE MARKETS. . SYDNEY, January 27. Wheat, chick 2s 8d to 2s lOd, milling 2s 10lrd to 2s lid. Flour. .£B. Oats, Algerian Is 9d to 2s, New Zealand to 2s 6d. Barley, feeding, 2s to 2s 3d. Maize, 3s to 3s Id; Argentine, 2s 9d. Peas, 5s 6d to 5s 9d. Bran, s£d to 6M. Pollard, 7|d. Potatoes, Circular Heads .£2 10s to ,£2 15s, locals to <£2 2s 6d. Onions, >£2 5s to .£3 10s. Butter, best, to Bd. Bacon, 7£d to lOd. MELBOURNE, January 27. Wheat, 2s lOd. Flour, £7 15s. Oats, Algerian Is 2d to Is sd. stout (nominal) Is lOd to 2s. Barley, Cape Is 6d to 2s, malting to 4s. Maize, 2s Bd. Bran, 7d. Pollard, 71,d to Bd. Potatoes, £1 10s to £1 15s. Onions. .£1 10s to .£2. ADELAIDE, January 27. Wheat, 2s lOd. Flour. £7 15s. Bran, 6fd. Pollard, Bd. Algerian oats, Is 3d to Is 4d.

SOUTHERN STOCK SALES.

CHRISTCHURCH. January 27.

There was a fair yarding of stock at the Addington saileyard9 to-day. and a good attendance of buyers. Fat Cattle—The yarding totalled 178, the entry being of fair quality. The sale was not a brisk one, and many lots were passed. Ten steers sold on account of Mr G.’ Holmes (Tai Tapu) brought from £9 to £9 15s; others realised from £7 to £lO 17s 6d; liedfers, <£s 15s to £7 17s 6d; cows, £5 15s to <£B 15s. The price of beef rufed from 19s to 23s 6d per 1001 b. Fait Sheep*—There was a fairly large entry, with a fair proportion of prime wethiers and sarnie good quality .ewes. A 'brisk demand at last week’s rates was shown. Wethers, 17s to 21s 9d; best ewes, 16s to 17s 6d; others, 11s 3d to 15s 6d. Store Sheep—The yarding totalled 6593, and, aJlthough the sale was a dragging one., the bulk of the entry changed hands at a slight reduction on late rates. The principal sales were: —Lamb®—270 at 12s, 112 at 10s 7d, 100 at 10s 3d, 114 at 10s 2d, 103 at 9s 3d, 78 at 9s, 145 at 8s 4d. Wethers—sl at 17s, 62 at 16s 9d, 68 at 15s 5d 300 at 14s lid, 253 at 14s 2d, 269 at 1 13 s lid, 191 at 13s lldi. Ewes—ll 4at 15r 6d. 85 a.t 15s, 35 at 14s lld.Pigs—There was a moderate entry and a fair demand. Baconers brought from 42s to 53s 6d, equal to 41d per lb; porkers, 32s tio 395, .equal to from 5d to s|d per lb; stores sold at from 28s to 36s for large sorts; medium, 22s to 263; weaners, 9s to 13s.

DUNEDIN, January 27.

At Burnside to-day 162 fat cattle were yarded. Although the number was small, a dragging sate was experienced, and values were rather below those of last week. Best bullocks, <£lo 15s: good. <£B 5s to £9 2s 6d; medium, £7 to <£B 2s 6d; best cows aud good, £6 10s to £7 ss; medium, £5 10s to £6 2s Gd; inferior and aged,£4 10s to £5 2s 6d. Sheep—2olß were submitted, the supply being rather beyond requirements. Best wethers, 17s to 18s 6di; extra prime, 20s 6d; medium, 1,4 s to 16s 3d; best ewes 18s; good, 15s to 16s 6d; medium and inferior. 13s to Ms Sd. Lambs—74B penned. Best, 12s 9d; medium to good, 10s to lls 3d; others, 7s 6d to 9s 3d. Pigs—There was a small entry, and enhanced prices ruled. Suckers, 13s to 16s; slaps, 18s to 255; stores, 26s to 325; porkers, 83s to 425; baconer®, 43a to 555; big pigs, 635. ! . •

OTAGO GRAIN MARKET.

DUNEDIN, January 27.

Wheat —Quotations : Prime milling, 3s to 3a 3d; medium to good, 2s 7d to 2s lid; best whole fow» wheat, 2s 5d to 2s 7d; ibroken and inferior, lis 9d to,-2s 3d. Oats— Pripie milling, Is 5d toils 6d ; good to best feed, Is 4d to Is sd; medium, le to Is 2d lOd to Is.

OTAGO PRODUCE MARKET.

DUNEDIN. JANUARY 28.

.Oats. —Local stocks are made up aliment entirely of raddiiuiu to inferior quality, for. which there is little inquiry. Prime, sound, bright feed lots are not offering freely, and are in good demand at quotations. Prime milling sorts — Sutherlands preferred—also have some attention. Prime milling, Is 5d to Is Gd; good to best feed, Is 4d to Is sd: inferior to medium, lOd to Is 2d per bushel (sacks §xtra). Wheat.—Millers’ requirements are almost entirely confined to choice lines'. Of these there are few on offer. Local stocks are chiefly of medium quality. Fowl wheat is in shorter supply, and meets .with ready sale. Prime 1 milling, 3s to 3s Gd; medium to good, 2si 8d to 2s lid: best whole fowl wheat, 2s fid

to 2s 7d; broken and damaged, Is lOd to 2ts 3d per bushel (sacks extra). Potatoes.—The|markeb has. been heavily supplied during the past week, and prices have suffered a decided decline. Prime kidneys, ;£2 to £2 10s; others, £1 10s to £2 per ton (bags in). Chaff.—After a dearth of prime chaff, the market hate suddenly become fully supplied with oaten sheaf of good to prime quality. We offered over 60 tons, nearly all gpod to prime. Best qualityhad most competition, and realised prices almost on a par with late values, but for good ordinary sorts the demand was not so keen, and in order to clear consignments lower values had to be accepted. Best oaten sheaf, £2 17s 6d to £3 2s Gd; medium to good. £2 5s to £2 12s 6d; light and inferior, £1 10s to £2 per ton (bags extra). Pressed Straw.—This is in short supply, and has good inquiry at 27s 6rl to 30s per ton for good, bright quality.

SOUTH AFRICAN TRADE REPORT

The Department of Industries and Commerce has received the following report from Air Cow, Commercial Agent for the colony in South Africa, dated Durban, the 11th ultimo: —

Fresh Fish.—The consignments which have arrived here so far have not turned out well, as they all came to hand during the local season, which is Horn July to December inclusive. From January to June, there will be a very fair demand for the cheaper qualities of fisli, which can bo landed at Durban at, say, 2£d to 2Jd per lb. Warefiou is the favourite New Zealand fish, on account of its size' and cheapness. Wholesale merchants have been selling this line at 3id to 4d per lb. Blue cod apparently does not find favour on this market, owing to the smallness of the fish, and to the high value. New Zealand flounder and soles, when frozen, do not appear to advantage, as they are too dry when cooked, and the price asked, 71d landed, is too high. Smoked Fish.—These have to compete with the English exports, and in order to get a footing on this market, New Zealand exporters must be prepared to make some concessions in order to introduce their lines. Kippers, haddocks, and bloaters arrive in large quantities weekly, and in splendid condition, and excellently packed. The duty on smoked fish is Id per lb. The present lowness of the price of .warehou is caused by the fish having arrived during the local season, and having to compete -with the local fresh fish, winch has, of course, a better appearance than the frozen fish, that does not appear too tempting to the buyer, when just out of the cold stores. Within the last month several trawling companies have been started in Durban, Port Elizabeth and Capetown, and the results financially have been very satisfactory to the said companies. Oats. —Algerian—Very plentiful supply; offer from 5s 6d to 7s 6d in bond. Tartarian—Limited business, selling up to 10s in bond. Algerian seed —For the very primest of these from Algeria, 10s is asked, and for other \'arieties from 5s 6d upwards, in bond; is being obtained. Stout whites —For B grade business has been put through from 5s 9d to 7s in bond; the former price represents some of inferior and damaged lots. Recent quotations of Victorian stout whites have been on offer at 6s 9d for JanuaryFebruary shipments, but cheaper quotations have been received from New Zealand. C grades are still very difficult to clear, and for the stocks now held there is a bad market.

Lucerne.—Supply good; prices unchanged since last report. Bran. —New Zealand, 5s 9d, delivered; South American, 4s c.i.f.; Cape, 5s 3d to 5s 9d, delivered.

Potatoes.—A sluggish market owing to overshipments, prices have a falling tendency, and importations have been received from several countries in Europe. I know of a line of 1800 cases on spot which were offered to-day in 661 b cases, duty paid, delivered at 6s 3d wita no business. '

Onions. Still fairly plentiful, but with a better inquiry, changing hantb j about Id per lb in bond. Cape onions will' soon bo duo to arrive.

Maize.—North American whites, 10s Gd c.i.f. for 2001 b in bond; South American from 9s to 9s 6d' and yellow from 8s Gd. .

Flour.—Best American hard wheat sorts <4311 delivered, and from £9 and upwards for soft wheat varieties.

Wheat, Australian quotations are now coming to hand for sailer cargoes for South African ports. There was an offer this week for one port at 30s 3d' ner quarter of 4801 b gross. Butter.—Remains about same as last month. Wholesalers are asking for choicest pats Is 3d on spot. The best brands from Australia are quoted 9sd bulk, with a firm tendency; blew Zealand from 10d to 10M for the leading brands.

Cheese.—Nothing fresh to report, and with very little inquiries for New Zealand. Gouda has advanced to about 54s f.o.b. London.. T

Poultry.—Rather a slack business considering the time of the year, accounted for by general depression. Fowls at good weights are offering in bond at 5s 6d, and the primest ducks at 7s ner pair. Tmkeys—A little inquiry at the last moment has been made for this line. Business is going through at about Is per lb c.i.f. Eggs.—Mostly locate in the market at present at about 2s 6d per doz retail. About Is 6d is being obtained for imP °Apples. Good American sorts are landing in tip top Condition, fetching about 25s per case containing 180 apples. Supplementary Market Report.—Sheep are quoted from Sydney for slaughtering, purposes, to dres*s 601 b, at 33s Durban. Bullocks, to dress JOOlb.at £2O c.i.f., Durban. Mutton, New- Zealand, 3ld per lb c,i.f., Argentine, 3ild per lb c.i.f., Durban. Uamb. Argentine, 44d per lb c.i.f., Durban. Rabbits, New Zealand, Is 5d to Is 6d per pair c.i.f.. Durban. Compressed fodder rul-

ing very low, 4s 3d to 4s 6d per 1001 b c.i.f., Durban. WOOL SALES. '■%, tesJMs! LONDON, January 25. The wool sales are active. Merinos show a hardening tendency, and crossbreds are very firm. • SYDNEY, January 26. The wool market is firm at last week's rates. Greasy sold to ll^d: scoured. Is 9d. SYDNEY, January 27. At the wool sales to-day prices for all better classes were firmly sustained. Inferior sorts were irregular, and many lots were passed in. NAPIER, January 27. The second wool sale of the season was held to-day. The aggregate offering waa 6216 - bales—a record offering in this centre. The attendance of buyers also was much larger than usual. Bidding was characterised by‘ a briskness rarely witnessed here, and 1 lots sold well under the hammer. There was a rise of id to id for all crossbred wool, and fine crossbreds advanced to the extent of id to fd, while dingy and bush-stained were better by id than at last sales.