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COMMERCIAL.

THE DUNEDItf MARKETS.

Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited), reports as follows for the week ending March 19th : Fat Cattle.—The market to-day was over supplied with 331 head, but of these only about half were good quality, the remainder being little better than stores, most of which were bought by farmers for winter feeding. The number of 'good to prime quality was more than the trade were prepared to take without considerable reduction in prices. Best bullocks brought L 8 10s to L 9 12s 6d; othsrs, 15 6s to LS; and cows, L 5 to L 7 10s. We sold on account of the proprietors of the Seadown Estate, 12 bullocks at LS to 18 10s; Mr Andrew M*Laren ( Milton, and others, 41 head at from 13 15s to L 7 2s 6d. We quote prime beef at 20a per lOOlbs. Fat Sheep.—As in the case of cattle, the market was also over-supplied with 267S sheep, 314 being merinos of inferior quaHty, the balance cross-bred of good to prime quality. Light and medium weights brought about equal to last week's prices, but prime heavy weights suffered a decline of 2s per head on prices obtained then. Best crossbreds to-day only brought 15s 9d ; othere 12s to 14s 9d ; and merinos 7s to 8s 3d. We sold on account of Mr William Telford, 101 cross-bred wethers at 14s 3d to 15s ; J. H. Sutherland, Ngapara, 65 do at 14s 9d; W. Telford. Otanomomo, 96 do at 15s 3d ; J. Paton, Pokeuri, 60 do at 15s 6d to las 9d; Wilson Bros., Waihola, 79 do at 13s 6d ; W. Shand. Keith Hall, and others, US do at 12s to 15s 9d, 160 merinos at 8s 3d; and quote mutton 2Jd per lb. Fat Lambs.—3S2 were penned, and although this was not a large nnmber the trade did not show any desire to advance on late prices, the range being from 4s 6d to 13s. We sold a pen on account of Mr W. Sband, Keith Hall, at 10s 6d. Store Cattle.—The«e are not in much demand and slow of sale, no doubt owing to the continued depressed state of the fat stock market.

Store Sheep —We have to report a weaker market, and bat few transactions. The only demand existing in the meantime is for young merino ewes; but by the time farmers have finished harvest we e.xp:ct a brisker demand will be experienced. Our only sale thi3 week wa-5 400 4-tooth merino ewes.

WooL—Public Press report London wool sales closed on the 15th inst., 300,000 bales were sold during the series, and 26,000 bales held over. Unwashed Ans'raliau wrols closed at Jd lower than at the close of the December auctions. Good meiium Australian, good qualities of fleece generally, and medium to god scoured, have closed in demand. Faulty wools are Id to ljd lower than in December, luring the week at public sale here competition was good, and prices fully up to late rates were obtained. Grain.—Wheat: There is very little new On the market, yet enough for the demand at the prices paid lately. Millers are only purchasing from hand to mouth at from 3s 9d to 4s, bags included. Oats: The demand for stent bright milling and feed is fair for shipment; at for milling. 2s Id ; feed, Is lid to 2a; inferior and medinm in less demand at from Is 3d to Is lOd, bags included. Bayers won't buy any grain now if the bags are charged separately, bnt they do not object to ljd per bushel extra put on the grain. Barley : Until samples were put on the market malsters' inquiries were numernns, but now that that these arc offering there does not seem to much desire to operate. ABSTRACT OF SALES Mr W. Christie will sell, on Saturday, March 22nd, at Tattersa'l's Yards - Horses, Cows, Drays, 4c, 4c. Messrs Fleming and Hedley will sell, at their stores, on Saturday, 22nd March, at 12 o'clock—Prime Oaten Chaff. Also, at M'Kay's Yards, about the end of March Sheep. Also, at eiroe place, on Thursday, 3rd April—Young Sn^cp. Mr John Everest will sell on Wednesday, Marcn 26th, at the Kartigi Hotel—Furniture, Piano, Stock-in-trade, Cattle, *c.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM18840320.2.4

Bibliographic details

Oamaru Mail, Volume IV, Issue 1322, 20 March 1884, Page 2

Word Count
708

COMMERCIAL. Oamaru Mail, Volume IV, Issue 1322, 20 March 1884, Page 2

COMMERCIAL. Oamaru Mail, Volume IV, Issue 1322, 20 March 1884, Page 2