COMMERCIAL INTELLIGENCE.
DUNEDIN MARKETS.
Mr. Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company (Limited) reports as follows for the week ending June 2:— . Fat Cattle were in full supply at Burnsidc to-day, when 287 head were yarded, chiefly of medium quality. Some were only good stores, and but few prime. For the latter there was a fair demand at about last week s rates. Bollocks fetohed L 6 10s to Lll 10s; and cows, L 5756 dto L 9 per head., We dis- * posed of 13 head, on account of Mr. John Duncan, of Cherry Farm, at from L 8 to Lll ss; 27 head on account of Mr. W. o.M. Larnach ; and -10 head, on account of Mr. William Shand, at from L 5 17s 6d to LlO. Quotations for prime beef, 22a 6d ; and for medium, 20s per 100 lb. , ~ Fat Calves.— Twenty-six yarded, and sold at from 203 to 35s per head. Fat sheep were in short supply. Only 1242 were penned, consisting of 844 crossbred and 49S merino, which met an active demand at a rise of Is 6d to 2s per hoid on last weed's prices. Crossbreds realised 9s to to 14s 3d; and merinos, 7s 9d to 8s per head. We disposed of drafts on account of Messrs J. J. M'Anleyand F. Schaw, at 9s to lis 6d per head. We quote prime mutton 2sd per lb. . . Wool.—Locally there is but little doing. Onr London office telegraphs as follows, under date 25th May:—" Market unchanged, the Home trade are purchasing freely, but Continental demand is limited. _ Competition on French account is sluggish. The American demand has fallen off. Up to date 260,000 bales have been sold. The will close on Bth June." Press telecrams report a firmer tone in the market. Sheepskins.—At onr auction on Monday we cleared a fair catalogue at satisfactory prices. ' Butchers' cros3-bred skins realised from 3s 2d to 3s 8d ; merinos up to 2s 4d; stations skins, up to 4s for cross-bred, and 4a 5d for merino; skins in bales, 6Jd per lb. Grain.—Wheat: Transactions in prime milling have been -very limited in extent, and last week's prices are scarcely maintained. Some sales of medium have been made for milling purposes at from 3s 3d to 3s Bd. For fowls' feed there is little demand at 2s 6d to 2s 9d. Prime milling, 3s lOd; medinm, 3s 4d to 3s 3d. Oats remain nominally at Is 3d to Is 4d, bnt we have no business to report. We believe that some parcels have been disposed of by farmers direct to consumers at as low as Is 3d for good feed. Barley : Quotations are nominally 3s to 3s 3d bushel for prime malting, and 2s Gd for milling, but the market is at a standstill.
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1297, 3 June 1880, Page 2
Word Count
469COMMERCIAL INTELLIGENCE. Oamaru Mail, Volume IV, Issue 1297, 3 June 1880, Page 2
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