COMMERCIAL.

Oamaru Mail, Volume XVI, Issue 5093, 1 October 1891, Page 2

COMMERCIAL.

DUNEDIN MARKETS.

The New Zealand Loan and Mercantile Agency Company, Limited, report as under for the week ending September 30 : Fat Cattle.—SO head were yarded, only medium quality. Competition was vep" active all throngh, the sales resulting in very satisfactory prices being obtained. Best bullocks brought L 9 to LlO 12s fid; medium to good, LB 15s fid to LS 17s fid ; light weights and inferior quality, L 4 to L 5 17s 6d; best cows, L 6 10s to L 7 17s fid: medium, L 4 10s to L 5 15s ; inferior, L2 17s frl to L 4 2a fid.

Fat Sheep.—2292 -were penned, abont 350 merinos. Prices showed an advance at the commencement, but there was less animation towards the close, medium qnality especially suffering a decline: indeed, to effect sales of any sort lower rates hail to submitted to. Best crossbred wethers brought 16a 6ct to 19s 6d : one or two pens extra prime from 20a to 21s ; ordinary, I.ls to ISs 9it; best crossbred ewes, 14s to 17s 6d; a few extra prime to 19s JM : ordinary, 12s to I .fa 6tl: merino wethers, best, lis tid 14s 6d ; others, 7s 6»l to 103 6d. Store Cattle.—These are coming more into notice lately, a few sales being effected, but the demand is still weak ; nevertheless, any good lots offering, quiet and well-bred three to five-year-old steers, wonld meet ■with buyers when prices comparing favorably •with those now obtaining for fat could be secured. Should the weather continue favorable dnring the next month a considerable number is expected to change hands. Store Sheep.—Small mobs of these are weekly changing hands, but those in most request are good strong cross and halfbred hogget 9. Any offering do not fail to find purchasers at very full prices. Three-parts fat crossbred wethera and maiden ewes are also saleable at prices very little below those paid for fat. The most of the sales now effected are pat through under the hammer, very few being sold privately. Wheat.—The market at Home continues Arm. New Zealand long-berried is firm at 445, Victorian wheat at 44s b'd, and Adelaide 455. These prices seem to be slightly in favor of sellers, bnt not sufficiently so as to affect the local market; at the same time late rates continue firm, and it is now very questionable if realty good milling wheat could be purchased at quotations, holders preferring to risk any change in the market in the meantime. A very good demand is experienced for inferior sorts, lit only for feed purposes, and all consignments coming forward arc readily placet!. Quotations: For Northern best velvet and Tuscan, 4s 9d to 4s 10d ; medium to good Southern, 43 3d to 4s Sd ; inferior to medium, 3s Sd to 4s (ex store, sacks weighed in, terms). Oats.—The tone of the market this week shows no improvement. While small lots are being occassionally disposed of, the demand is not by any means brisk, and to effect sales of any consequence lower prices would have to be accepted. Agents, however, unless under direct instructions to quit, are not disposed to accept any reduction on late quotations, though it is doubtful if these can be maintained. Quotations: For best feed and milling. Is 6d to Is 6Sd—extra prime a shade more ; medium to good, Is od to Is 6d ; inferior to medium, Is to Is 4Jd (ex store, sacks extra, net cash ; |d per bushel more f.o.b. Dunedin). Barley.—There is no change to note in the demand for malting, which continues exceedingly flat. Only extra prime samples, at considerably lower than quoted prices, would tempt buyers to operate. A veryfair demand exists for feed. Milling is also saleable in small parcels, but the quantity required for the latter purpose is extremely limitetL There is an idea that a little farther on good malting parcels will have more inquiry, when prices more agreable to sellers will be obtained. Present quotations ior malting are merely nominal—say for prime, & 9d to 3s ; medium, 2s 5d to 2s Sd ; feed and milling, 23 to 2s 4d (ex store, sacks extra, terms). Potatoes.—These are still in over-supply, and the small lots being placed only fetch from 20s to 30a per ton (sacks weighed in). Chaff. —The deliveries during the past week have been on a more extensive scale, bnt none too much for requirements, and last week's quotations firm—say, for best 52s 6d to 555; medium to good, 47s 6d to 50s ; inferior, 35s to 45s per ton. Dairy Produce.—ln the absence of a demand for shipment, present stocks, thongh somewhat bare, are sufficient for local requirements. Prime salt butter is very scarce, and would readily fetch Is to Is Id, while inferior to medium is difficult to place. The supply of fresh is now on the increase, which will doubtless relieve the market presently. The supply of cheese has run down, but sufficient for present require-

ments, and can be quoted at 5d to 6d per lb. ABSTRACT OF SALES. Br Fleming and Hedley.— On Friday October 2nd, on the Show Ground—Entire Horse. Br N.Z.L. and M.A. Co.— On Tuesday, 6th October, at Junction Yards—Stock. Bt Richard Davies.— On Saturday, 17th October, at Mr Sampler's stores, Tyne-street Education Reserves.