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COMMERCIAL.

New Zealand Times office, April 2, 1897. The New Zealand Loan and Mercantile Agency Company, Limited, report on th’i produce markets for the week ending 2nd infil. as follows:

Wool.—The caks In London continue to progress firmly, but is no quotable change in values to report rifcCc’last writing. The demand for good fine Wools continues, but inferior qualities are neglected. Locally all grades meet a ready marke at prices fully equal, if not above, tho London* equivalent. Sheepskins.—Consignments, as la Usual At this season of the year, have been rather light. Wb have experienced a brisk market at Improved rates, buyers competing well all roUnd. Pelts arO now more valuable, Ofrlng to increasing length of staple. We quote t—Prinio crossbred fUil-woollod, 5d to 5Jd per lb; gOod crossbred ittffce-quarter to full'frOoflcd, 4Jd to sd; ihcdium half-voolled, Sjd to 4jd ; inferior and broken, IJd to 3d per lb ; merino full-woolled, 4M to 4Jd per lb ; pelts, well-saved, early shorn, Is 9d to 2s 3d each ; bare pelts, 4d to Is 8d cafih. Hides,—For all good marketable hides there is a steady demand, and wo have sold a full week’s supply. Heavy and medium sorts are in good request. Faulty and badly-conditioned hides ore in poor request. We quote -.—Green ox hides (heavy), 17s to 17s 6d ; medium, 11s to 14s 6d each ; green cow and light ox, 8s to 12s each; damaged and sloppy hides, Id to 2d per lb. Tallow.—Advices from London report A slight advance in prime New Zealand mutton talloW-. Locally prices remain without change. Quotations are;—For prime mutton tallow, 16s to lus 6d ; good mixed, 14s to 14s 6d per Owt j inferior and badly rendered, 12s to 13s p6r cWb. Wheat.—There is but little enquiry for milling parcels, Ideal millers being fairly well supplied. Fdr leed a moderate*demand exists, but supplies Abo somewhat in excess of requirements. For good whole feed we quote 8s 9d to 3s lid per busing 0k store, sacks extra.

Oats.—A few enquiries haVebSeh made during the weekfor forward.dell'f-etj - , but as yet little business has been done, buyers being rather undecided about the futule. Southern advices point to a shortage in the yield, and a tendency of prices to ftrta. We have no change in values to record, and in consequence repeat last week’s quotations. Prime short feed, 2s 3d to 2s 4d; duns, 2s 4d to 2s od per bushel, ex store, sacks in. Chaff is coming forward rathe* irfcely, but the demand is equal to the supply. so far, prices have shown little inclination to change, but so soon as tho shortage -Ot ieally prime chaff is realised a firmer tone will no doubt prevail. For prime bright heavy in oats we quote 67 s 6d to 70s, ex ■Wharf, sacks extra or returnable. Maize is in rather short supply, and in view of the advance in rates quoted from Sydney, prices locally are likely to range higher. Wo quOte prime dry maize, to arrive, 3s 3d to 8« 4d per c.i.f., sacks in.

The InlerttillOnat Agency Company, Wellington, has received the following reports from their £2uri)pcan principals, via San Francisco, dated February 20th, 1807: European Sugar—Orders could be filled at fair prices in January, available In February and March. However, the factories are starving the market in order to enhance values, but they can only do this in such months as December, January and February, when few mills are working. To-day there are only -600 tons in Hamburg; last year there were 50,000 tons, and a similar quantity previously. About 160 beet factories have combined to endeavour to raise values. We follow tM4 market daily, as we have other large buyers besides your friends, and at no time ttould we buy reasonably prompt delivery at figures of limit and to leave a modest profit Per cable dated March 91st, 1807. —We quote granulated sugar as per our standard iiample, Oldenburg, at £l4 c.i.f. and e, principal Ports of New Zealand. Special to the New Zealand Times. ■Wanganui, April 2. Messrs Freeman R. Jackson and Co.’s Wanganui stack report is ao follows:—We had a full yard at Hill street on Wednesday. The bidding for cattle was very brisk, resulting in a general clearance with the exception of a couple of pens. We also disposed of the sheep nt ruling rates. Pigs were in good supply, and sold well. We quote as follows Cattle—Fat cows, £3 4s to £4; steers, £2 3a 6d to £3 3s; fat bullocks, £5; milch cows, £4; store cows, £2 lls to £2 19s; weaners, I4s6d: yearling steers, 01s; heifers, 295. Sheep—Wethers, 7s lOd to 8s 8d; fat ewes, 6s 9i; store ewes, 5s 9d to 7s 3d; old owes, 3s to 4s; lambs, ss; culls, 2s 6d; fat lambs, 7s Id. Pigs—Small bacon, 20s to 23s 6d; choppers, 23s to Sis 6d; porkers, Iss to 17s; small rigs, 7s to 11a. THE PRODUCE MARKET. Per Ton. Per Ton. £ s. d. £ s. d. Flour, sacks .. 11 5 0 Potatoes .. 310 0 Pollard .. 4 5 0 Bran .. 8 5 0 Chaff— Wheatmeal .. 11 0 0 Best Oaten Baled Straw.. 210 0 Sheaf .. 310 0 Baled Hay .. 410 0 Best Oaten Barley, Pearl 13 10 0 Straw .. 8 0 0 Onions .. 4 0 0 Oatmeal . .11 10 0 Per Bushel. Bushel. s. d. s. d. Wheat, Whole ..41 Maize ~34 Oats, Short ..23 Beans ~ 31 Oats, Long .. 22 Barley, Feed ~ 3 7* Oats, Dun .. 2 6 Blue Peas 4 6 Split Peas .. 13 10 Partridge Peas 3 9 Per lb. Per lb. s. d. s. d. Cheese .. 0 4J ButterBacon ..0 6 Dairy ..0 7 Ham .. 07i Separator .. 09i Eggs, Is 5d per dozen.*

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18970403.2.4

Bibliographic details

New Zealand Times, Volume LVX, Issue 3094, 3 April 1897, Page 2

Word Count
947

COMMERCIAL. New Zealand Times, Volume LVX, Issue 3094, 3 April 1897, Page 2

COMMERCIAL. New Zealand Times, Volume LVX, Issue 3094, 3 April 1897, Page 2