COMMERCIAL.

New Zealand Times, Volume LVX, Issue 3129, 15 May 1897, Page 2

COMMERCIAL.

New Zealand Times office, Friday evening. PRODUCE MARKET REPORT.

The New Zealand Loan and Mercantile Agency Company, Limited, report on the produce markets for ho week ending 14th inst. is as follows Wool, i* rora the tcoor of the Press Association advices, we had hoped that a distinct advance in ?n 1 ?hBir W So^^w OPO w. a .. ,roln OUr LonJo '> Office, in their ncxtcabl*. While, however, reporting a fairly strong market, there is no improvement in values to record. Our cable of iho pubOahid yesterday, shows that in many Hues there h“ really been a drop m prices sinra the opening Sf the sales. We hope, however, that tho improved outlook of foreign political affairs will h™, speedy effect on trade generally, and values of wool will harden with that of other produce sales held to-day (Friday) wo offered a small cata loguo, which was eagerly competed for by a eood attendance of buyers. Tho quality was, however indifferent, and values were fully equal to last sale’s rates. Crutohings brought up to 4d per lb : lamh* 6Jd: locks and pieces, l|d to 3d per lb. *

Sheepskins.—At our auction to-day we brought forward a large catalogue of mixed skins. There was a large attendance of buyers, and competition was keeu. In sympathy with the drop in wool there was a slight depreciation in value received for the inferior sorts, but for all butchers’ lines and skins with well saved pelts, full prices were forthcoming. It is very gratifying to us to find that our efforts to promote auction sales of this class of produce are being appreciated, and runbolders and settlers 'generally are taking advantage of this method of disposing of theirskins. We are satisfied that it is tho most satisfactory way of selling for both buyers and sellers, and we hope oar friends will continue to send forward all they have to offer. For our next sale, on the 28th inst., we hope to bare a catalogue nearly equal to that submitted to-

day. There were really no prime full*woolled skins offered, but the best submitted realised up to 5d per lb; medium, 8d to 4j(d ; inferior, 2d to 8d per lb. Hides.—At our auction to-day we offered a small lot, which realised Bsd per jib for heavy ox, 3d per lb for medium, and 2Jd per Jb lor cow hides ; calf* ■kins, 3d per lb. Tallow.—Consignments aro light, but equal to trade demands. We quote—Prime mutton tallow, 15s per cwt; good mixed, 14s to 14s Cd; inferior and badly rendered, 12s to 13s per cwt. We quote cable message just received from our London office :—Tallow is dull of sale. New Zealand fine mutton is worth 18s 6d per cwt, and good beef XCs 9d per cwt. It will thus be seen that our local market gives better results than can be obtained by shipping to London. Wheat.—The market shows a hardening tendency for whole fowl wheat, which is quoted at 4s per bushel cx store, sacks extra. # Oats.—There is not much business passing, but prices are well maintained, and aro rer° rte d be becoming firmer m the South. We quote—Prime short feed, 2s 6d to 2s 7d, sacks in, ex store; seed Tartarian and Duus, 2s 9J to 2s 10d per bushel, Chaff.—Prime heavy oaten sheaf meets with ready sale at 77s 6d to 80s. sacks extra, ex wharf. Inferior and discoloured meets with poor demand. Fungus.—Consignments are small. Prime dry is worth from 3d to 3sd per lb. Maize.—Stocks aro light, and prime is worth 8s Cd to 3s 7d per bushel, sacks in. MESSRS F. R. JACKSON AND CO.’S STOCK REPORT. The beef entered for sale at Johnsonville Was of fairly good quality, but generally light in weight, with the exception of one or two pens. Prices were equal to those of last week. At St- Hill street we had a large entry of cattle, and succeeded in clearing out the yards at last sale’s cates. Sheep were well competed for and sold at better values. Pigs at both markets were in good demand. We quote —Cattle—At Johnsonville—Best bullocks, £G 10s to £7; others, £5 to £G, equal to 14s 6d the 1001 b. At 6t. Hill street—Forward bullocks, £4 7s ; 3-year bullocks, £3 3s to £3 10s ; 2-year steers, £2 lls 6d to £2 ICs ; cows. £1 ICs Gd to £2 7s ; fat cows, £2 15s to £3 15s ; weaners, 2Gs to 295. Sheep—At Johnsonville—Wethers, 10a Id ; owes, 7» Gd to 8s 7d. At St. Hill street—Fat wethers, 9s 7d ; stores, 7s Bd ; culls, 6a 4d to 5s 9d ; fat ewes, 7a to 7s 9J ; ewes in lamb, 7s 9d; old ewes, 4s 3d. Pigs—At Johnsonville —Small baconcrs, 25s to 2Cs Gd ; porkers, 15s Cd to 17s. At St. Hill street—Large well fatted haconers, 35s Gd to 545; small baconers, 27s Gd to 81s ; large porkers, 19s Cd to 22s Gd ; porkers, 14s 9u to 19s Gd ; small pigs, 3s 9d to ss. Poultry—Fowls, Is Gd to 2s Cd ; turkeys, 6s Gd to 8s ; geese, 3s to 4a the couple. Mr Matthew Henry reports as follows on the live stock trade :—A good supply of sheep oarao to hand, on Thursday, chiefly composed of wethers of good quality. There were very few cattle forward. The attendance of the public was also very much smaller than usual, and those present wore anticipating a fall In (he market, which, however, did not taka place, a limited turnover at quotations being the consequence. Quotations are :—Cattle— Eighteen months to 2-yoar steers, £2 7s ; fat cows, £3 ; good dairy cows, £5. Sheep—Good skinned Lincoln wethers, 9s 6d; forward ewes, Gs 4d ; store ewes, 6s; cull lambs, 4s Id. By Telegraph,-~Presß Association. — Copyright. Napier, May 13; Messrs Nelson Brothers have received the following wire from their London office: —To-day’s quotations—Best Canterbury, Sgd; Dunedin, B£d j Napier and North Island, 3d. London, May 13. The Bank of England rate of discount is reduced } per cent., and is now quoted at 2 per cent. Silver, 2s Sgd. THE PRODUCE MARKET. Per Ton. Per Ton. £ s. d. £ s. d. Floor, sacks .. 11 0 0 Potatoes •• 810 0 Pollard .. 4 7 G Bran .. 8 7 6 Chaif— Wbeatmeal .. 11 0 0 Best Oaten Baled Straw.. 210 0 Sheaf .. 315 0 Baled Hay .. 410 0 Best Oaten Barley, Pearl 14 10 0 Straw .. 3 5 0 Onions .. 515 0 Oatmeal .. 12 10 0 Swedes -• 210 0 Per Bushel. Per Bushel. s. d. a* J* Wheat, Whole .. 311 Maize ..8 6 Oats, Short .« 2 6 Beans .. 3 1 Oats, Long .. 2 5 Barley, Peed 2 8 Oats, Dun .. 2 8 Blue Peas .. 4 6 Split Peas .. 13 6 Partridge Peas S 9 Per lb. Per lb. s, d, s. d. Cheese ~ 0 4J Butter — Bacon ~ 0 CJ Dairy ... 0 8 Ham .. 0 7i Separator .. 010 Fresh eggs, 2a per dozen; limed eggs, Is 2d per dozen.