COMMERCIAL.

Oamaru Mail, Volume XX, Issue 6167, 24 January 1895, Page 1

COMMERCIAL.

DUNEDIN MARKETS. The New Zealand Loan and Mercantile Agency Company, Limited, report for the week ended January 23rd as follows : Fat Cattle.—97 were yarded, principally medium weights and qualify, with a few peris of prime beef. Owing to the short supply prices advanced 10s to 12s 6d per head all round. Best bullocks, L 8 to L 9 15s ; medium, L6to L 7 15s; best-cows, L 6 10s to L 7 10s ; medium, L 4 15s to L 6. Fat Sheep.—229B were penned, chiefly crossbred ewes of good quality, with a few pens prime crossbred wethers. The number was far in excess of requirements, and prices were fully Is 6d below last week's. Prime crossbred wethers, freezers, 9s 6d to 10s; ordinary wethers, 8s to 9s ; best crossbred ewes, heavyweights, 7s 6d to 8s 9d; medium, 5s 6d to 7s Wheat.—The position of the market differs this week in no way from that of the past, quietness still prevailing. • There is hardly any left now in first hands, so that there is no business to speak of being done in local grown milling sorts; odd lots of inferior to medium are occasionally placed, mostly for feed purposes. The bulk of the wheat now required at the mills comps from the North, but in the absence of any further improvement in the demand for flour, millers are only operating when actually out of particular sorts, and even then in no more than just sufficient for the time being. Fowls' wheat has a very good demand, and no difficulty is experienced in quitting all available. Quotations : For prime milling velvet, 2s 9d to 2s lOd ; good to best do and best Tuscan, 2s 8d to 2s 9d; good to best red wheat, 2s 7d to 2s 8d; medium, 2s 6d to 2s 7d ; good to best fowls' wheat, 2s 6d to 2s 7d; inferior to medium, 2s to 2s 5d (ex store, sacks weighed in, terms). Oats.—These is no alteration to note in the market since we last reported; a moderate amount of business is being done. Shippers and also buyers for local consumption are operating quietly, but buyers do not seem inclined to advance upon recent ruling quotations, and' although stocks are now, both in town and country, reduced to a very small co nposs, yet in view of the near approach of harvest the hope once partially indulged in by not a few that prices would be higher by this time must, we now fear, be abandoned. Quotations : For best milling, ls.4Jd to Is 5d i extra choice, Is 5Jd to Is 5Jd ; best stout bright feed, Is 4id to Is 4gd 3 medium to good, Is 3|d to Is 4d; inferior, Is 3d to Is 3|d (ex store, sacks extra, net). Barley.—Market flat, no business of any consequence transpiring. There is an idea prevailing that prices this season will be lower than last. The crop this season promises a much larger yield, but the weather has yet to be reckoned with. Meantime, we quote prime malting, 3s 3d to 3s 6d ; extra do a shade more ; medium, 3s to 3s 3d ; milling, 2s 3d to 2s 9d ; feed, Is 9d to 2s (ex store, sacks extra, net). Grass Seeds.—A few samples of the new season's ryegrass seed have been on the market during the past week, rather better quality than last season's, more particularly in respect to color. Purchasers are shy yet, but immediately sellers are prepared to accept market values a considerable amount of business is sure to eventuate. The demand is not extra brisk, but when prices are established we look for a ready sale for all offering. Meantime, we quote best dressed perennial, 3s 6d to 4s; choice, a shade more; undressed, medium to good, 2s to 2s 9d; extra clean, 3s (ex store., sacks extra, net). Cocksfoot; Na change. Best dressed held for 6|d to 6Jd ; medium, 5d to Gd per lb net. Potatoes. —Market flat. Consignments in excess of requirements, and prices have suffered a further decline, best being worth only L2 15s to L 3, medium L2 5s to L2 10s per ton (ex store, sacks weighed in, net). Chaff.—A very full supply came to hand since our last report, and, although prices for prime have not changed much, buyers are not disposed to make offers for future delivery except at prices considerably below those "now ruling. Quotations: For best, L2 12s 6d to L2 17s 6d; extra, a shade more ; medium to good, L2 5s to L2 10s ; inferior, LI 15s to L2 2s 6d (ex truck, sacks extra, net).