COMMERCIAL.

Otago Daily Times, Issue 9347, 11 February 1892, Page 2

COMMERCIAL.

Daily Times Office, Wednesday evening. The amount of customs revenue received to-day on Roods cleared for consumption was £877 7s 6d. ( The New Zealand Loan and Mercantile Agency Company have received the following cablegram ™" their London office, dated 9th inst. :— W neat: There is an improved feeling. Market steady, and quotations unchanged since last telegram." -^—: AUSTRALIAN COMMERCIAL. Sydney, February 10.—Wheat: Milling, 4s 9d to ss. Flour : Stone makes, Lll 5s to Lll 15s ; roller brands, Ll2 5s to L 12155. Oats: Best 2s 4d to 2s Sd. Maize, 2s 3d. Barley, 2s 9d to 3s Peas 3s 7d. Bran, lid. Pollard 9Jd. - Potatoes : Warnr.mhouls, L 3 15s; Tasmanian, L 4 10s. Onions, pi 10s to L 4 10s. Butter: Dairy-made, lOd ; factory, Is 2d to Is sd. Bacon 5d to 7d. Hams; Now Zealand, lOd to lid. Mklhourne, February 10.—Wheat, firm, 4s to tli-i'S-" ioUr:in! oli? niakes> L 9; roller brands, L»lss. Bran lOd. Pollard, Is. Feed grain quiet, and prices unaltered. Adelaide, February 10.-\Vheat, 4s 3d to 4s.ld. Hour: Stone makes, up to L 9 12s fid; roller brands, LlO 5s to HO 10s. Oats: New Zealand, mi hand), 2s4il ; duty paid, 3s 3d. Barley : Cape, 3; 6d; English malting, 3 S (kl to 4s 6d. Bran, Is. Pollard, Is Id. -» WANGANUI RAM AND EWE FAIR • ™ -. ~ , , Wancuxui, February 10. llie iirst day s sale at Messrs Freeman R. Jackson aud to. s ram fair was a great success. There was a large attendance from all parts of the coast and bidding was brisk and rapid. Five hundred and fifty-two rains were sold singly averaging L 5 Is od each. Mr James S. Holmes, of Okmaru, topped the market, and Mr William .Wilson lUselea, for flocks, with 17gs for two. In larger numbers Mr J. Raynor, Wairarapa, made the highest average-L8 4s lid for 12 flocks. Mr J. W. Baker, Fordell, got an average of L 7 0s 8d for 25 flocks, and Mr J Wilson, Elselea, averaged L 6 ISs 9d for 60. The fair will be concluded tomorrow. ♦ . —. ... PROPERTY SALES. The Pepetual Trustees Company report the sale »>- iuiction of lot 1, subdivision 42 and 43, block f-W > Dunedin, having a frontage of 44 links tiiw &, strees' and collta""ng 17$ poles, for Lav. ihe other lota of the subdivision not reaching vendors' limits, were withdrawn. The company also sold section 6!), township of Selwyn with three-rooffied cottage, for L 76. o THE TARIFF - The following decisions of the Commissioner of Customs are gazetted :-— Alloy, dental; as n.o.e. ... ... Free Ammonia, anhydrous ;as n.o.e. ... Free Cream- separator, endless cord belt for; as n.o.e. ... ¥ree Desk, cabinet, with table and drawers; as cabinetwaren.o.e. ... 25 per cent, i'rench polish; as varnish ■ ... Istidthegal. The following decisions were omitted from the new edition of the tariff published la3t Novemer: — Brass tubing, polished; as brass ■ manufactures n.o.e. ... ... 20 per cent. 1 torse-cover lining, grey and brown (when 72in wide and at or under Is the yard) ;as a. ifc m.s. . Free Pinones; aa nuts of all kinds except cocoanuts- .. 2dthelb Post-hole digger, Eclipse; as hardware . - - ... 20 per cent. Spray-producer, steam (Lister's); as n.o.e. .... .. t _ Free V.'ator-motor, for driving' electrical machinery ;as inachiuery n.o.e. 20 per cent. v ("Not otherwise enumerated" appears as n.o c • other kinds 'as 0.k.; "articles and materials suited only tor, and to be used solely in, the labrication- of goods.in the colony" as a. &M.s. Articles marked thus * are revised decisions.) •> . WEKK.L.I LiVE STOOK AND PRODUCE REPORT Wednesday, February 10. Fat Cattle.—Notwithstanding the block on the railway lines, on account of the floods, the market wa< over-supplied, no les3 than 269 head being yarded, and of this number wo should say quite £11) head were forced on the market by unfortunate sufferers by tlia flood on the Taieri plain. Several of tho larger*buyers were not operating this waeic, and as a consequence the sale was a null one, and prices, as compared with last week's, from 15s to 20s per head lower; Best bullocks, . L" 7s (id to L!); ordinary, L 6 to L 7; small, L 4103 to L 5 10s ; bast cows, L.i to Ul 15s; ordinary, L 4 to La 10s ; old, J. 2tn L 3 10s.—Wright, Stephensox, and Co. sold:>■> heal ns follows :—For Mr Oeorg., M.ir (Olaflfi-Jdi, fi prime bullocks at from . L,S to LS !!!;; far Mrs James Brown (East Taieri), 1:2 priino bullocks at from- L 7 to L 7 7s Cd ; for Mr it. W. Brown (EastTaieri;, 10 steers and heifers at quotations; f.>r Mr Robert Charters (Ury Park farm, Kast Taieri), 17 nice quality steers (light) at currant rates: for Messrs John and Alexander Wilson i (Langloo) 10 bullocks at from Lfi to Lfi ITs lid. and 3 prime heifers at LO; for Mr David Sutherland (Lochend), 6 heifers at L 5 10s: for Mr William M'Bride (Cherry, Farm), 8 steers and heifers at market rates; and for Messrs John Anderson, James Wright (Broomlands), George Miller, a. O Sullivan, Isaac Green, James Allan, •I. B.ichop, 11. Lundreth, and others, 27 cows.— Jug New JCkaland Loan and Mercantile Agency Company (Limited) yarded 48 head and sold : For Mr Alexander Sutherland (Otakia, Mr W. M Call (Burnside), Mr John B. Blair (Abbotsford Farm), Mr Robert Charters (Ury Park). Mr Wm. Lindsay (Greytown). and other vendors, bullocks to L 7 17s (id and cows to L 4 17s Cd — Donald Reid and Co. yarded 74 and sold: For Mr James R-jid (Berkeley), 13 bullocks at L 7to L 5 .53, 21 steers and • heifers S}L¥> ? 3J°, U 15s= fov Ml' W- C. Palmer (Otakia), 5 heifers at L 4 10s to L 4: for Mr X". K. Blair (Otakia), 14 bullocks at L 5 to L 4 ; for Mr Hugh Gibson (North Taieri), 3 cows at Lsl2s ltd to L 4. 10s; for Mr James Robertson (North laieri). 1 bullock at L 4 17s 6d; for Mr Thomas Craig (East Taieri), 1 cow at L4lss; for Mr Walter 13!acKie (Glasgow Farm), 8 bullocks and heifers ai L 3 10s; for Messrs James Moore, R. Leishman aud otheis,1 8 cows at L 4 -to L 3 2s 6d.—The Mutual Agency Company of New Zealand (Limited) sold 52 head"with the follow- • ing result:—For the New Zealand and Australian Land Company. (Clydevale Estate), 2 bullocks (prime) sold at L 8 10s, -2 at L 7 10s, 2 at L 7, 2 at L 77s o\l, ,2 at L 6' 17s (xl, 2 heifers at L 6 7s (id, 2 at Lfi 2s 6d, 2 at L 6 2s (id, 2 at -L 6, 2 at L 5 17s fid, 2 at L 5 15s, 2 at L 5 12s Gd, 2at L 5 10s, 3 at L 5 7s fid; for Mr A Bannatyne (Waikouaiti), 1 cow at L4los, 2 light heifers at L 2 17s 6d; for Mr R. Gawn (Mosgiel), 1 cow at Lslss, 1 bullock at L 5 15s, 2 heifers at L 4 2s Sd, 1 bullock at L 5 ss, 2 heifers at L 4 2s fid, 1. 1 bullock at L 5 ss, 3 heifers at L 4; for Mr T. Christie (Greytown), 1 cow at L 5, 2 steers at L 4 Its 6d, 2 cows at L4l7s fid, 2 (light) at L3l7s fid ; for various owners 5 head light weights at quotations.—John Guindley (on behalf of the Fanners' Agency Company, Limited), yarded 47 head, and soW as follows :—For Messrs H. A. Wilson (Langlea), 8 bullocks at L 5 7s 6d to Lfi, 5 heifers at L 4 to L 423 6d; for Mr Alexander Douglas(East Taieri), 25 bullocks at L 6 15s to L 8 ss, 1 cow at L 4 2sfidfor Messrs Walsh Bros. (Otakia), 3 cows at L 4 17s' 6d;for Mr W. A.Todd (Mosgiel) 5 heifers (small) at L 3 10s.—Stronach Bros, and Morris sold fat cattle for Messrs Hugh M'Coll, A. Campbell ani others at quotations. FaiSheep.-Only 1069 penned, and these in eluded a few pens of very prime crossbred wether* (heavy weights). In other respects the quality of the sheep forward was only medium. For best pens th^re was good competition at slightly better values than were ruling a week ago, but other qualities show no change. Best crossbred wethers sold at 14s to lfe 3d; ordinary do do, 12s 6d to 13s bd ; light do do, 10s 6d to 12s; best crossbred ewes,; 13s to 14s ; ordinarj- do do, lls to 12s; light do do, 8s fid to 10s.—Wright, Stephenson and Co. sold a few small drafts at quotations.—The New Zealand Loan and Mercantile Agency Company (Limited) sold: For Messrs Tood Brothers (Islington), crossbred wethers at 13s, and mixed crossbreds (light) at lls; for Mr Robert Charters (Ury Park), crossbred ewes (small) at 10s.—Donald ?£ ID A£ D Co- yarded 421. and sold: For Mr J. Allan (Greytown), 144 crossbred wethers, and ewes at 14s; for Mr John Allan (Taurima) 6 crossbred ewes at 128 9d; for Mr James Freeman (Abbotsford), 56 crossbred wethers and ewes at lls; for Mr D. Marshall UJantoskin), 24 crossbred ewes at lls; for Mr John Muir (North Taieri), 17 crossbred ewes at 8s ; 1^?- ¥ arl¥ n Pl™ Hm>> is crossbred ewes at ios bd; for Mr David Stevenson (Blawwearv) 3i» crossbred ewes at-9s 9d; for Mr R D li-obertson (Sandymount), 90 crossbred wethers and ewes at 13s Gd -to 12s.—The Mutual Agency Company of New Zealand (Limi?f D)- Ss\(-, 321: For a northern, client, 14 mixed lightweight crossbreds to 13s 9d, 14halfbred Downs at 103 fid, 16 merino wethers at 7s 9d • for Messrs Dickson Bros. (Belmont Farm), 36 crossbred wethers at 13s, 35 at I3s, 34 halfbred wethers at 12s 9d; for Mr R. Todd (Mosgiel) 21 crossbred wethers at 15s 3d, 21 at 15s, one pen at 12s fid; for Mr D. Andrews (Green Island) 23 crossbred wethers at 13s 3d aud 13s 6d, 16 at 12s M ; for Messrs Dick and Ferguson (Sandymount), S5 lightweight ewes at quotations.—John urindley (on behalf of the Farmers' Agency Company) penned 418, and sold as follows -—For Messrs A. and J. Brown (Green Island), 97 crossbreds at lls 6d to 14s, 151 merino ewes and wethers at 6s fid to 9s 6d; for others, 56 two-tooth crossbreds at lls fid to 13s, 104 aged crossbred ewes' at 10s to 13s.

Fat Lambs,—399 penned, and sold at from 8s to 10s 6d each.—Donald Rkid and Co. yarded 193 and sold :—For Mr John Allan (Taurima), 121 at 10s (id to 0s 9d ; for Mr John Muir (North Taieri) 12 at 10s 6d; for Mr David Stevenson (Blawweary) 26 at 9s; for Messrs J. and A. Callender (East Taieri), 34 (small) at 5s 6d.—The Mutual Agency Company of New Zkaland (Limited) sold 142 as follows:—For a northern client, 35 halfbred Downs at 10s 3d, 9at 10s, 20 at 9s 6d; for Mr J Cullen (Greytown), 35 at 9a to 9s 9d, 25 at 7s 3d '• for Mr R. Law (East Taieri), 18 at 9s 3d. Pigs.—Only 30 forward, including a few pens of mcv bacon pigs, which were sold at from 34s to 3Ss. Bacon pigs and well-bred grown stores are scarce and wanted, and very full values are being paid for them in this market.—The Mutual Agency Company of New Zealand 'Limited) sold a few pens at current rates. . Store Cattle.—Business under this head- . ing has been fairly good of late, but it remains to be seen what effect the floods of this week will have upon the market. We fear many of the Taieri graziers who have been purchasing so freely this summer will be compelled to realise, and if this becomes general the market is sure to suffer, temporarily at all events. Store Sheep. —We have neverknown the demand for breeding ewes, both crossbred and merino, to be so great as it is at the present time: The number offering falls far short of the requirements of purchasers. Young crossbreds and merinos are also m demand, and large numbers of these continue to change hands. During the past week Wright, Stephe^on, and Co. sold 21,350 as follow :—Say 8100 full-mouthed merino ewes, 1000 tour-tooth maiden merino ewes, 5000 full-mouthed merino wethers, 2000 six-tooth merino wethers, 1/00 four-tooth halfbred ewes, 1600 full mouthed crossbred ewes, 1500 crossbred ewes and wethers (t;wo-tooth), and 450 four and six-tooth crossbred wethers.—The New Zealand Loan and Mercantile Agency Company (Limited) held a sale by auction on the 6th inst., at Maiaey's yards, Kyeburn, when 5800 sheep were penned, and sold under very good competition as follows : —298 two and four-tooth mixed halfbreds at 9s Id, 594 two-tooth halfbred wethers at 9s Bd, 691 do do ewes at 9s fid, 84 four; tooth halfbred wethers and ewes at 10s 6d, 670 broken-mouthed merino ewes at Is Bd, 6.97 fullmouth do do at 5s 7d, 400 do do do at 5s 3d, 297 two-tooth halfbred wethers and ewes at 8s lOd, 63 crossbred and merino mixed sexes at 5s 7d, 96 two, tour, and six-tooth crossbred ewes at 8s 6d, 89 crossbred hoggets and lanfbs at 7s IGd, 208 merino wethers at 7s Id, and 49 full mouth merino ewes

at 5s 6d.,—The Mutual Agency Company of New Zealand (Limited) report having sold privately 1500 full-mouthed merino ewes and 2359 crossbreds, principally ewes, at full current rates; total,,.«s9.—John Grindley (on behalf of th« Farmers Agency Company, Limited) reports having sold privately during the past week as follows:—Bss four-tooth crossbreds at 11s 6d, 1120 two-tooth do at 10s 6d, 440 crossbred ewes at Bs, 't ii? d O n? tßs9d> 750 four-tooth merino owes at 7s lid, 300 crossbred lambs at 9s, 700 two-tooth ffi sbS ¥ 1? 3' s°° three-quarterbred lambs at 9s fid, 1700 do do at 9s 3d, 1000 fat merino ewes at 5s 6d; total, 7342 He would also direct attention to the sale at Station Peak, which has been unavoidably postponed till Friday, 19th February. Country Sales.-At^ Milton, on Thursday, Feb. fl\ vSf, MvTUAL Agen-cy Company op New Zealand (Limited) held the usual fortnightly sale. Ihere was a good attendance and a fair competition, the following lines being disposed ?ii * crossbred wethers at 10s lOd, 108 at 10a 7d, U.i at 10s 6d, 50 merino wethers at 7s 6d, 143 mixed two-tooth crossbreds at lO.s 9d, 52 at 10s, 100 at 10s Gd, 187 lambs at Bs, 41 ewes at 11s 4d to

Stud Sheep.—The Mutual Agency Company of New Zealand (Limited) repovts the sale of a I"™ f two-tooth llomney Marsh rams for Mr A. R. Walhs, of Morton Mains. Property.—On Saturday, February 6th (acting under instructions from Messrs Fulton, Stanley^ and Co.) The Mutual Agency Company ov New Zealand (Limited) submitted to auction, at their rooms, Dunedin, the Glenary estate, comprising 3081 acres of freehold and 50.450 acres of leasehold, together with stock thereon. There was but a moderate attendance at the auctiou.and as biddings tailed to reach owners' reserve the m-o----perty was passed. Wool.—The news from Home is very discouraging, and we look forward to easier prices and less competition at Thursday's sale. Sheepskins. —There was a fair attendance of buyers at the Chamber of Commerce on Tuesday and the catalogues throughout were small, though ot a fairly representative character, but prices compared with last week show a decline of fully 5 per cent for wool skins, and 1C per cent, for pelts; the drop in the latter being accounted for by the fall in basils and salted pelts in the London market.

Hides.—The remarks under this heading last week are equally applicable to this. Quotations remain unchanged. Tallow.—Very little has come forward' this week, but as the supply, so far as passes through die hands of the agents, does not regulate prices, we cannot report any increase in values. Quotations are: lor prime mutton tallow, in shipping condition L2l to L 22105; prime mixed, in shipping condition, L2O to L2l; medium, Ll7 to Ll9; inferior, Ll2 to Ll6; best caul fat, Ll3 to Ll4 inferior to mixed, L 9 to Ll2los.

Grain.-Wheat: In this cereal there is practically no business doing. There are exceedingly tair parcels offering, but as millers are not buying ff+i i Pdces being asked here entirely blocks oft the shipper the supply is more than sufficient to satisfy the demand. Fowls' wheat Of late has been more plentiful, and as the produce merctiants decline to saddle themselves with stocks at the high rates ruling a few weeks ago prices have glV en way. We quote (nominally): Prime milling, 4s. 9d to ss; medium do, 4s 5d to 4s 8d ; fowls wheat, '& to 3s 6d. Oats : A rather better demand has been experienced this week, and as the quantity offering was not large the present supply has been nearly exhausted. Small as the supply was, however, it was quite sufficient to satisfy the demand,.which, though better than last week was not difficult to meet, and as sufficient quantities are arriving to meet requirements there is little prospect of prices improving. We 3?9*f Pnme milling i s 7A to ls 7idi f leaV y feed Is wl - '"• .lnfeMor feed ls 2d to Is- sd. Barley • Nothing doing. J Grass Seed.—As yet transactions have been on a yery limited scale only. Most of the samples that have been received from growers have been sent with the object of getting offers, or if prices have been named they have been so far above the values ruling both north and south as to completely put an end to any chance of doing business. Buyers' limits will not at present allow of their giving more than from 2s 9d to 3s for machine-dressed or ■farmers clean dressed seed of good quality; and dirty seed in proportion to estimatedloss in clean- ,„, h X" r^ Consiglimen$s of bright and wellscutched fibre, meet with a ready sale at former quotations. ■

GRAIN, SEED, AND WOOL REPORT ■Messrs William E. Reynolds and Co., Staf Was'foTlows'-- I fM" the Week encling Fe^ruar;

It is needless for us to mention anything regardwSl k- 6 WSather of thepast week, as it is pretty ™?™ nown over all the colony of the rtoocls expeiienced around us, and especially to the south. i™,S n1"Pal, suffereiVll 1 b? tllose on tlle Taieri--5™ f ? ytown and Henley in particular, as many of the crops are entirely submerged, and will in consequence be practically useless. At the time of writing the water is subsiding fast but the damage done can hardly be estimatfd ]„, Jht i~ Th^ mi,llere st;H show no inclination to buy but from hand to mouth, and at auction the fS" 1' 0 ,'8' 111™. very much in their favour fiom those ruling a few weeks ago, of course the Home markets gives them no encouragement as ton* ™n*Y S down A meri ca flat, with an easier toneon the Continent. Our quotations are ?nTf? ' anii for i p.ri!?!,e niillin^ Tllscan and velvet 3s Id to 3s 6d ; onlinar Jr >4s i fowls> A,^'^6^7^^l^^*o saythe market during the past week has not shown the slightest indication of improvement better eitnerin demand or value, nor have any of our outside TlW^'^f^^ntly speculation is a dead letter. viiZ g0 be]°wthe»- Present unproductive "D', ffi.f especially when arrivals are almost nvL? diiiV 1? t0 b9, hoPed the advent of the new cr9p will.bring a change. Nominally, we quote ■B?tMw nS tol\ 7d-' bright heavy feed, ls bd to Is 6id; ordinary, ls 5d to ls SW. 5? rIF-TNothing doing in it yet.' \r^ ff--Was a Perfect glut last Saturday and Monday and consequently prices went back, but from uorth and Potatoes^There are plenty in the market to thZ Sift 1i lg + Ti ssome,c weeks- No advance in them is likely to take place. Grass Seed.-Market still supplied with any quantity, of samples, but there is little business transpiring, as only first-class clean, heavy Teed will go down with purchasers; while farmlrs" £+!El T°i sA° nOt thoroughly coincide, so that actual sales here are few. There are some going on in the north, farmers there being morlfatis Bed with ruling prices than those soitth. tnS™ f AmTth saleof^the season takesplace to-morrow and, as prices have eased somewhat at Home, it is anticipated that buyers will not be so keen on supplies as they were even at last sales.