COMMERCIAL NEWS

New Zealand Mail, Issue 1687, 29 June 1904, Page 47

COMMERCIAL NEWS

The Noav Zealand Loan and Mercantile Agency Company, Ltd., . Palmerston North, report as folloAVS: At Palmerston on Thursday there was a small yarding of both sheep and cattle. Although a number of shorv visitors were present, there were not many buyers, and a dull sale resulted. Quotations:-"-Wean ers (small) 22s to 255. springing coavs <£6 10s, store coavs 375, forward bullocks £5 6s, fat coavs <r£s, 18-months' heifers £3 ss, forAvard AA r ethers 16s, store eAves 12s Id. WOOL AND SKIN SALESr. The New Zealand Loan and Mercantile Agency Col, Ltd., report as folloAvs: —We offered about 1100 sheepskins, 30 bales and bags avool, and 68 hides to a good attendance of buyers. Bidding was someAvhat restricted for inferior pelted* skins, but for all prime lots prices equal to last sale's were obtained.. We quote:—. Wool.—Coarso crossbred fleecy in seedy, condition s£d to 6fd, crossbred to 73d, crutchings clean and light to s;?d, dingy 3Jd to sd, pieces 3£d to 4d. Sheepskins.—Fine crossbred 6|d, coarse and medium 5-£d to 64d, dead, broken and inferior 3|d to sjd, dry pelts from 6d to Is 9d each, green skins from 2s 6d to ss. _ Hides. —In good demand. Ox from 16s to 30s 3d, coavs from 10s to 18s 9d each, calf Is to 2s each. Levin and Co., Ltd., report:—We offer-’ ed 70 bales of wool, 3500 skins, 140 hides, and a quantity of talloAvu Bidding continues spirited, and competition keen. Some ten bales of half-bred crutchings realised 63d, which is probably a record for this class of aaAoL Superior crossbred crutchings realised to 6d, good crutchings 5d to sid», inferior 3|d to 4|d. Some fleece wool realised and washed lambs' 85 d. Skins Avere very firm and any good large parcels of Avell-save'd skins sold at id advance on last sale. We quote:— Merious 63d to 7d, lialf-breds 6|d to 6|d, fine crossbreds 6|d to 63d, coarse crossbreds 6d to 63d,. short avools s|d to 6d, dead 4d \o sd, butchers' green 4s 6d to 5s Id each. Hides.—Notwithstanding the drop of id per lb in Melbourne and Sydney, hides sold Avell up to last sale level. Seme of the realisations Avere : Coavs 401 b 13s to 15s, 501 b 16s to 17s, 601 ft 17s to 18s 6d, 701 b 18s Gd; ox 651 b 22s to 245, 701 b 22s to 255, 751 b 24s 6d to 255, 801 b 28s to 30s. TalloAV.—Only rough lots offering to-day, Avhicli realifed 14s to 15s, 3d for rough fat and' 15s 6d to 18s 3d for talloAv.

Murray, Roberts and Co. report: —“Wo offered about 2000 skins and 25 bales of avool. Prices ruled on a par with last rates, competition being very keen. We quote:—. Wool.—Crossbred medium fair . condition 63d to ?id, crossbred seedy- and dingy s|d to 6id,. locks and pieces 21d to crutchings 4d to sjd. Sheepskins.—Halfbred and merino (half avooI) 6|d J.o 7d, crossbred medium to fine sound pelted 6d to 63d, crossbred coarse' 6d to 6|d, crossbred inferior pelted 3|d to s|d, crossbred short 4id to s£d, lambs' sid to 6|d. Hides.—Ox medium 21s to 255, prime heavies Avorth 25s to 3|s, coavs 13s to 18s. LONDON PRODUCE REPORT. The Department' of Industries and Commerce lias received the following cablegram from the Agent-General, dated London, the 25th instant : " Trade for all classes of mutton has been slow, and recent prices are barely maintained. The tendency of the market seems to be to decline. Average price to-day for Canterbury mutton is 4-ljd per lb; for Dunedin, Southland and W.M.EI. Company’s brands is 4Jd ; for other North Island brands 4d, The lamb market is steady at quotations cabled you last week, but high prices are restricting business. This season’s New Zealand lamb is giving satisfaction to buyers. The beef market is very dull. Supplies of. River Plat£ beef are heavy. Average price togday for hindquarters New Zealand beef 3|d per lb; forequarters 2fd. There is a better demand for butter. Average price choicest New Zealand butter to-day is 87s per ewt., Danish 101 s. The cheese market is dull. Average price of finest New’ Zealand cheese to-day is 41s per cwt. The hemp market is'steady. Price of New Zealand hemp, good fair Wellington grade, on spot to-day, is £3O per ton; July to September shipments, £29 10s. The price of Manila hemp, fair current grade, on spot to-day, is £33 10s per ton. Buyers have been inquiring more freely for cocksfoot seed. Average price to-day for bright, clean New Zealand seed, Aveighing 171 b per bushel, on spot, is 's4s per cAvt.” . .

AUSTRALIAN MARKET'S

SYDNEY June 27

At the Homebush sales to-day sheep were slow of sale. Wethers—‘Scarce at 15s. Ewes—l3s to 16s.

Cattle—Competition was strong. Best bullocks £lO 10s. Food £9 10s. Best cows £7 10s, good £7. Best beef 23s 6d per 1001 b.

LONDON. Juno 26.

Medium Canterbury sheep, 4 9-16 d; best North Island 4 l-16d: heavy River Plate, 3fid< Beef—New Zealand hindquarters, 3 11-10 d. New Zealand hemp is very quiet, and prices are unchanged. There is a poor supply of hides; Queensland, wet salted, heavy s|d, light skl; cow, 44d.

Australian cargoes of wheat sold at 28s Od to 23s 9d; 12,000 auarters, July and August shipment. 295. Silver is quoted -at 2s Hd per oz.