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DUNEDIN LIVE STOCK MARKET.

itiivß SrocK, Statioh?, Wooii, &c. I 18th March, 1865 riUYEB, Maowak akb Co.'bKeport:-

The ilsst month's transactionssliow no improvement in the value of any description «f stock ; | ok the contrary, we may report a great want of activity in the market, parehases are only made f.ir immediate requirements and for stocking ano'oapied country, there beirg 'ao doawnd for speculation . . (■., Although the present prici of stock is muen lower tllinn at this limo list £ear. we have noticed but little change in tbe vaSiie of fln-t^ela'B station properties, at our miles during the month will show. , . ■ The disinotinatton to epeculafc", has oaueod capitalists to view the fu'ure with more confidence W iurestinent* can now be _nwde based upon cntcuintlons more sound than hitherto. The iuii'OrUtion of cnlt'efrom Außtralin ? and thi exodus of a Jnnjc poitinn of our raining population Jo the W»st Ccaa, has caused a considerable redaction in the price of fat stock for the present; we r>o not, however, anticipate any farther redaction In prime qu*llty_ "lock, as im. notations are likely to be very iimittd, and the g»ld discoveries on the W«*t Coast causing o great Increase to the population of thi* Island, tnuit iv the c-d have a beneficial effect on this Province .■ . , . There is a considerable enquiry for larabs and young breeding ewes; buyers, however, expect a grestiir reduction than holders are willing to submit to. The only arrivals daring the mouth hare Brngitl, from Newcastle, 180 head cattle, ICO sheep- ■:_■'■ A ibioin. from Melbourne, 118 pure rams. Gothent tir#, from Melbourne, 160 pure ranis. Hat >'A.rttß —The market has bteu well supplied, most of which were-iroported. leaving at present orJy a portion of a c»r«co in first hands. Several l»t» of Frorlncial cattle b ivo a!ao, Veen ynrded, which realised but little better than the prie-1 of *tores at this time last season. We arc of opinion that there are sufficient fat cattle in the Province to meet our wants at fair rate*, and that th«ire h no margin to the inipotier from Australia. , We bnve sold several monv, both Provincial anu imported, at from L 8 to Lls; price per lOOlba nominnl., Fat CfAWEs bring only in fuir supply, are sfcu! saleib'o ay from 40a to 80« Mores Cattlb continue ur-s*leablo at any thing approßcljiDg former rates several transactions hive taVen place during the month nt irom L 6 to L 7. Wa have t,o!d over G"0 havl at these Fat Slhbkp.—The market has been completely gluttt'l with fffir and ordinary mutton, and sales cou'donly bo effected at Rra>:yre<!u ed ratt s. Wo quote present prices at from 14s to 'iOs, nccordini; to wtight and <j .a'ity. ' We hive win 1800 nt above rates. Fiobei Shbbp —We hare placed abaat 7000, mo*tly young ewes and Inmlifl, for which there i» afiir deimmd at 21s to 23a for former, and 24a per pair for tbe latter. Wethers are but little enquired for, and difficult of sale at over Via to 13?. Pi KB Fhkbp.—We disposed of all Messrs Goldney Brothers, (of Chri.tchuro ), pure-bred sheep, at fair rates. «ay £6 to £V> tor rams; £5 \o £Ut 3<Js for ewes, and £4 for Jam*ii. Some of these sueep w.-re very fine, being n portion of tha ' late Mr Bleb's oriKioal Ibck. Six r.f the twes purchased by Messrs K. A. and U. Ju iui, deceive paitfcnlair mention. Well bred ram? hava been much sought a"er during tbe Be33(in, now nearly at a c!o«e ; and we have dlspoMKi of a very Urge numbar from the flocks of Messrs Rich, Julius, De^rav^, Hell, Willis; Ho^neld. Buckliud, Maclwahan, and other well-known breeders.

Station PaoPERTiBB.—A.s before Intimated, there is a strong incliHiitioii ou the part of cnpitHliiJ s to ir.v«sst in good properties, and we have several bayera at fair value. We hive S3ld to Mr 'obeit Campbell. Jan., Ran No. 28. four yeata of t«a«o uoexpireJ. nbout 50,000 a"rea, without Improvements, together with 8,000 mixed oheep, at £12 750, equal t> cash. Tho above ran was ktelf ia the 0.-cupat'ori of W. H. Daosey, Ksq.: oWd, on account of Oharle* Hopkimon, Beg to A,. B. Smith, tog , one half interett In tht Merino Uowna Station, on tho Mitaara, for £8,000 ; also, Run No. 241, Manuherekia diatnot, lately occupied by Mesir* Black, to lle««rs Campbell and Low, containing abaut 30 00J acre*, wiib. 1,600 ewea, and 1,400 lambi, tor £9,200. Wooi, —Referring to our last Momhly Report we prospeotivety glanoad at the fuiure prospects of the wool tra-le la Hurope, which were confirmed by tue ad»loes receive 1 by the last mail, showing fiat although a much belt r tone wai exhibited in commercial circles, owing to the improved aspect of the money market nnd the great reduction ia the rate of dlsjaunt, yet a c-meMeraWe declios hal taken place during tlm Bcrles of tho Novembernales ia London on nil ill oondtttone^, wasty, heavy prease awi *hort staple wool*; but lontt utapted wool* were scarce, which,, with all eoadl sconced descriptions, were keenly coropetel for, and brought folly as high rale* ms the previous Augiuk »*le». It;is therefore our d«»ire to in»press on onir friends in thiß province the advantage of produoimg sound combing w*jl, whioli thU climate and soil are bo naturall/ and specially • adapfel fjr, if they deniro goad paying return* for tlwir woo). We have only held ono public* sale of wool, viz.: the £7ih a'tuno, since our last report; w« hive *otne parc^ a due detained coaatwke, otherwise we shooM have bell ourcloslstt ea!e for (.his season during tho, past week. Od tbe 27th we catalogued SOS baks, and owing to tha guperi«r charactsr of the oircela wo bad'to' offer, we uuccecdei in selling 236 bales at bi?l»er pri<w*» both for wanned and greaoy, then has teen :r*alJzed this teason in this Province, shewi'iß that even iv a falling market, if wool w broaylit fjtwanl to public flisle^ani) exhibited with, care so as to put forth its.relative value, tjisre art buyers in this market who are not limited,; but will give, fall value; bat on the other hand ifcey are able to discern when the 6 Ids wjd onda are oSered to them, and henco ssl s bave been held ia Ditnedia whern tbi.ro Was no cMapctittoa or aoarcely any sales effjoied. and unless tab was txptained such attempts might be constraed intoa want of buyer* in Oonedin to get/air competition; out price caUloßU*, wbioh we give wiih this, "will bear cut the aSove «tatomeut. Most of our wool ships ar« near cotnpl-tion of their loading and ail expected to clear this month -«es our snipping list. Our preeeat quotations are: — Scoared fleece wool** .. lv 7d to 2s Id nkin do 1b to Is 8d 'Washed fleece superior .. Is 7il to Is ajd ~ medium ... Is 4J to Is 61 „ „ inferior ... 1^ li to li 3J Greasy lleece raperiw ... lOd to 11 £i „ „ inferior ... 8d to 9.1 hmb? lOdtols Siieei'HKlXß.—Very few have coiie to hand, fellniongers contracting at very Uigh rato3, our slaughterers have been Induced to accept rather tlian submit to public sale. We have so <1 country skins part full wool at Cd perlb. HXDEH.-Our public sales have boen Surly suppl ed, a.nd the competition LeLvy liidcß has brought out a value foi^*« Jw hitliorto unknown in Dun

flight and Inferior hSdw, 133 to 2d, or from fa <& to 10a Od; medium; iieavy bjdea, tyd to S|<^ <«- from lls to 19s Od j dry hides, 3s to 4«i each. . t I'alx.ow.—^A very small lot coming to our sal<is has brought for town use: -Park beef, 30» to !Ms per cwtj mixed beef, 2&» ioS9» per cwt; 1 finiunutton, 35»t63754d. ' : ;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18650318.2.9

Bibliographic details

Otago Daily Times, Issue 1013, 18 March 1865, Page 4

Word Count
1,278

DUNEDIN LIVE STOCK MARKET. Otago Daily Times, Issue 1013, 18 March 1865, Page 4

DUNEDIN LIVE STOCK MARKET. Otago Daily Times, Issue 1013, 18 March 1865, Page 4