COMMERCIAL.

Otago Daily Times, Issue 9789, 13 July 1893, Page 1

COMMERCIAL.

AUSTRALIAN COMMERCIAL.

Sydney, July 12. Wheat: Ohiek, 3s 3d ; milling (nominal), 3s 6d. Oats (firm): Fair feeding, 2s 8d; bright heavy feeding, 2s lOd; Tartarian seed, 3s. Maize : Prime, 39 8d to 3s 9d. Barley: Cape, 2s. Bran and pollard, Bjd. Pease: Prussian blue, 4s 4d. Potatoes are firmer: Local grown, M 15s ; New Zealand (nominally), £5; Circular Heads,, £5 5?. Onions: Victorian, £i 15s to £5. Butter: Dairy-made, first quality, lid to Is ; factory, first quality, la 3d ; the factory article is selling freely,' and the dairy-made is in fair demand. Cheese: Prime, 4d to 4Jd- Bacon, 6d to Bd. Melbourne, July 12. Wheat is in fair demand; good milling, 3s. Flour: Stone-made, £6 5a to £6 12s 6d; roller, £6 l£s to £7 155. Oats are firmer: Algerian, Is Hd; milling, 2s 2d .to 2s 3d. Barley: Cape, 2s 2d. Maize, 33 3d. Potatoes firm : Prime, £i. Butter is quoted from la downwards. Cheese: Prime factory, 5Jd to SW. Broad flax is dull; common to good is quoted at £17 to £19, but there is no demand for prime sorts. Adelaide, July 12. Wheat, 3s 3Jd. Flour: Roller-made, £S. Oats, 33 3d to 3a sd. Barley: Cape, 2s Cd to 3s Id. Bran, UJd. Pollard, 9d.

WEEKLY LIVE STOCK AND PRODUCE REPORT.

Wednesday, July 12. Fat Cattle.—The market was batter supplied this week, 174 head being yarded. These were very mixed as regards quality, a large proportion being very middling, and only a few pens were really prime beef. There was a very brisk demand all through the sale, and prices were only a shade lower than last week's. Best bullocks sold at £10 to £12 ss; medium, £7-15s to £910s; light, £5103 to £7 ss; cows and heifers, £4 lfs to £9 ss.— Donald Reid and Co. yarded and sold; For Mr John Bruce (Greytown), 6 bullocks at £9 7s 6d to £8 Ss 6d ; for Mr C. Callender (Springfield), 7 bullocks at £8 2s 6d to £6155; for Mr WiUiam Miller (Sawyers' Bay), 3 cows at £i 12s 6d; for Mr J. Paisley (North-East Valley), 1 cow at £5 15s ; for Messrs M'Gregor Brothers (North-East Valley), 1 cow at £5153 ; for Messrs Wilson and Scott (Waihola), 10 heifers at £6 15s to £s.—The Mutual Agency Company o? New Zealand (Limited) sold: For Mr Thomas Kirk (East Taieri), 1 bullock at £10 10s, 2 do at £9 2a 6d, 2 cows at £7 2s 6d, 3 do at £5 10s,- 2 do at £5 sa; for Messrs Early and Eons, 1 cow at £4 17s 6d ; for Mr A. Campbell, 1 cow at £6 2s 6d.— The Farmers' Agency Company (Limited) yarded JO2 head, and sold altogether 111 head. For Mr W. Kirkland (Blmgrove), 1 bullock £12 53,1 do £1110s, Ido £917s 6d, 1 cow £9,4 heifers £615s to £715s ; for Mr A. Douglas (East Taieri), 15 cows at £5 to £7 12s 6d ; for Mr S. Forrest

(Fairfax), 7 bullocks £8 7s 6d to £9 ss; for Mr W. Jenning3 (Purakanui), 2 cows £7 7s 6d, 3 heifers (small) £4 7s 6d to £5; for Mr J. Mowat (Purakanui), 1 bullock £6 ss, 1 cow £5 ; for Mr A. MfKay (Otakia), 3 cows £5 to £6, 3 heifers (small) £i 7s 6d; for Mr E. Robinson, sen. (Berwick), 14 cows £5 10s to £717s 6d; for Mr A. C. Thompson.(Otakia), 14 bullocks £6 to £8 ss, 3 heifers £6 ss: for Mr R. M'Donald (the Valley), 1 cow £5 10s; for MrJ. J. MAuley (Portobello), 1 cow £i 5s ; for MrC. Corbett (Tenakoe), 18 cows £5 to £610s; for Messrs Craig Bros., 12 bullocks £6 10s; and privately during the week, 39 head at satisfactory prices.—Wright, Stephenson, and Co. sold: For Mr Thomas Kirk (East Taieri), 9 bullocks at from £8 to £9 5s ; for Mr J. A. Townsend (Waikouaiti), 7 bullocks at from £6 15s to £7123 6d; for Mr John Bruce (Greytown), 6 bullocks at from £7 to £815s ; for Messrs J. Townley, David Young, Alexander Crawford, George Ives, Thomas Murphy, William Lsckie, R. Phimester, Henry Drake, and Alexander Chalmers, 23 head bullocks at up to £9 15s, and cows to £812s 6d.

I Fat Sheep.—The market this week was supplied with 1757, about 300 of this number being merinos. Nearly all were wethers, but the quality was not up to the average of the last two weeks' supplies. Sales opened with slow competition, but improved slightly as the sale progressed; but in the absence of buyers for export, prices all round were rather easier than at last week's sale. Best crossbred wethers, 18s to 19s ; medium, 15s to 17s 6d; light, 12s 9d to 14s 6d ; be3t crossbred ewes, 15s 6d to 17s 6d; ordinary, 12s to 14s 6d; merino wethers, 7s 9d to 13s.—Donald Kbid and Co. yarded and sold ior-Miv Ti. : i M'Gi^npsey__,CQtiake_),, ....33.. .crossbred wether* at M6a, 33 crossbred hoggets at 11s 6d ; for Mr Patrick Sutherland (Otakia), 28 crossbred wethers and ewes at 153; for Mr Alexander Douglas (East Taieri). 88 crossbred wethers at 15s to 14s; for Mr William Currie (North Taieri). 31 crossbred wethers at 13s 4Jd. — Tub Mutual Agency Company of New Zealand (Limited) told: For Mr James lloss (Kartigi), 35 crO3Bbred wethers at 18s, 36 at 163 3d, 35 at 16s, 16 at 15s 6d; for Messrs Bremner Bros. (Otaria), 30 crossbred wethers at 16s 6d, 29 at 15s; for Mr Thos. Tait (Waiwera), 65 crossbred hoggets at 12s; for Messrs Anderson Bros. (Waiwera,), 1 pen crossbred ewes at 15s, 13 halfbred ewes (light) at 123, 29 merino wethers at 11s 9d, 23 at lls 3d; for Mr Thomas Potter (Shannons), 20 halfbred wethers at 15s 3d, 13 merino wethers at 9s 9d, 32 do do at 10s 9d, 38 at 10a 9d ; for Mr D. M'Leod (Palmerston), 74 nixed crossbreds (principally wethers) at 16s, 79 .it 15s 3d, 35 half breds at 13s ; for Me3srs M'Donald and Muir, 1 pen of hoggets at lls 9d.— Tup Farmers' Agency Company (Limited) yarded 422 and soldas follows :—For Mr James M'Kinnon (Kuriwao), 63 crossbred wethers at 13s to 14s 3d ; for Mr Thomas Popham (Strath-Taisri), 60 crossbred lambs at 12s 3d to 12s 9d ;■ for Mr P. Spratt (Middlemarch), 32 merino wethers at 12s ; for Mr A. Douglas (East Taieri), 207 cro; sbred wethers at 15s 3d to 163; for Mr J. Winks, 60 do at 14a 9d to 15s 9d.—Wright, Stephenson, and Co sold: For Mr Jas. Henderson (Kelso), 16 crossbred wethers at 203 9d, 17 halfbred do at 19s, and 14 crossbred ewes at 17s 9d; for Mr James Gray (Kuri), 69 halfbred wethers at from 17s to 17s 9d; for Mr Jas. Wright (Broom'lands), 200 crossbred wethers at from 16s to 17s 6d; for Messrs Hitchon Bros. (Waiwera South), 70 prime merino wethers at from lls 6d to 13s, and 60 halfbred wethers at from 14s 3d to 15s 9d; for Mr R. H. Amyes (Hillhampton), 72 crossbred wethers (half fat) at from 12s 9d to 13s 3d; and ior Mr Samuel Young (Mosgiel), 96 halfbred ewes at from 14s 3d to 15s 9d.

Pigs.—Only a small supply forward—B2 useful sorts, suitable for the season, baconers, porkers, and a few stores. The demand for suckers and slips is very slack at present, and there were none of these yardel For all other sorts there was a eoocl sale. Stores, 18s to 22s ; porkers, 253 to 345; baconers, 3Ss to 50s; extra heavy, 55s to 60s. — Donald Reid and Co. yarded and sold for a client, 2 at 45s.—Wright, Stephenson, and Co. sold 81 as follows: —Extra heavy weights, at from 64s to 82s; prime bacon pigs, 45s to 583 ; light-weight pigs, 35s to 525; porkeri, 25s to 30s; stores, 17s to 245.

Store Cattle.—Only a very few of these now offering, the business done in consequence is comparatively small; in fact, the demand is not exceedingly lively, owing doubtless to the insufficiency of winter feed. Young cattle could be placed if suitable sorts were available. Store Sheep.—The business done in these now is only to a very moderate extent. A fair demand still exists, but there are very few offering; and this is not to be wondered at considering the very large number that changed hands during the season. Farmers and others are still operating when sny suitable lots are in the market, more especially sound-mouth crossbreds of both sexes, though wethers- are preferred. This week we placed 1795 crossbred wethers and ewes, different ages, at very full prices.—The Farmers' Agency Company (Limited) report sellingprivately during the week 1000 crossbred lambs at 10s, 250 do at 9s 6d, 350 do wethers at 13s, 1600 do ewea at 10s to lls 6d. Country Sales.—The Mutual Agency Company of New Zealand (Limited) report as follows:—On Friday, July 7, we held a special eale of horses at the Crown yards, Balclutha. There was a moderate entry, most of the lots of which changed hands at satisfactory prices. On Tuesday, July 11, our fortnightly stock sale at Milton took place. Crossbred wethers for turnip feeding met with a good demand, but for other classes the demand was scarcely as brisk. There was also a fair inquiry for dairy cows. Wool. —Late cablegrams to hand advise that at the wool sales now being held in London, competition is stronger and prices are firmer, indicating a slight reaction in the tone of the market, moro particularly in regard to inferior and medium sorts, the demand for best wools being hardly so keen. The total quantity catalogued up to the 9th inst. was 207,000 bales, of which 190,600 bales have been sold. Home buyers seem to be purchasing freely, but Continental demand is limited! In the local market a very fair demand exists for the small lots offering from time to time, and for which very full prices are realised considering the tone of the market at Home.

Sheepskins.—These have a steady demand, and meet with good competition at the hands of the trade ; also from buyers for export. On Tuesday, at the regular weekly auction, a very full catalogue wasi submitted, the usual various descriptions beirg presented. The attendance of buyers was lar;:e,butowingtothe weather being unsettled, also tothesomewhatunsatisfactoryprogress of the wool sales in London, though biddings were spirited, prices secured on Tuesday showed no improvement oa last week's. All sorts, however, had very good attention. Best green crossbred skins are fetching 4s Etd to 5s ; choice, 5s 6d ; medium to good, 3a 6<l to 4s Cd ; green merinos, 2s 4d to 3s Hd; hogget skins (green), 3s Od to 4s 3d ; country dry crossbreds, inferior to medium. Is 9d to 3s 8d; do merino, Is 7d to 2a 5d ; full-woolled crossbreds — g ood33lodto 43 BJ, best 4s lOd to 6s 8d; do merino—good 2s 6d to 3s 6d, best 3s 8d to 53 2d ; dry pelts, 3d to Is Od each. Kabbitskins.—A very satisfactory demand continues to be experienced for these. In consequence, a very keen and healthy competition prevails. All sorts meet with good attention at the auction room. On Monday a lengthy catalogue was submitted to a full attendance of the trade, when bidding, as usual, was very brisk indeed, resulting in -prices being secured comparing favourably with those ruling the previous week. Quotations: Best winter grey does, Is 4d to Is <1M ; extra prime, Is sd; best bucks, Is 3il to Is 3Jd; mixed bucks and does, Is 3£d to Is 4d ; medium to good, Is 2d to Is 3d ; autumn, lOd to Is 2d; summer, 8d to9Jd; suckers, half-grown and inferior, 3d to Id perlb. Hides. —The market is unchanged, a fair demand existing at late rates, which arc: For heavy hides, 2d to 2Jd ; extra do, 2i'd to 3d ; medium, Jid to l^fl; inferior to medium, Id to lid per lb. Tallow. - A good demand exists for well-rendered parcels in packages Jit for shipment; indeed, all arrivals are being readily placed at equal to late I rates. Medium down to inferior has been dealt lin at quotations, Rou^h fat is also in good

request, and goes off freely at prices given below. I Quotations for prime-rendered mutton, 21s 6d to 22s 6d; medium to good, ISs Cd to 20s fid ; inferior to medium, 14s 6d to 17s Gd. Pat: Best mutton caul—fresh, 14.1 to 14s 6d ; medium to good, 12s 6d to 133 9d ; inferior to medium, 11s to 12s 3d per cwt (ex store) Grain.—Wheat: The extremely low rates so long prevailing at Home display no improvement, and from recent cablegrams to hand there appears no hope of an early reaction... It is reported that American stocks, are considerably in excess of published returns, which, if confirmed, will probably have a further depressing effect on the Home and other markets. A San Francisco circular, dated May 25, says that from present appearances this season's wheat crop promises almost as much as last year, and calculates upon about 800,000 tons for export. Meantime, it is satisfactory to note that the tone of the local market has not up to the present undergone any change for the worse. The quantity held on growers' account has rapidly decreased lately, and is ntfw within very moderate limits, and no difficulty in finding purchasers for all offering, no matter what quality, at equal to late rates._ Inferior and medium realise prices relatively higher than those obtaining for really good. Quotations: Pjrim'e milling, 2s lid to 3s ; medium to good, 2s 9d to 2s 10d ; inferior to medium, 2s 5d to 2s 8d ; broken and thin, 2s to 2s 3d (ex store, sacks1 weighed in, terms),—Oats: The firm tone displayed in this market during the pist few weeks continues to be well maintained. Stocks are within moderate compass. Holders, in consequence, decline to quit at any reduction on late rates ; indeed, on occasions some advance is secured. At the same time, the prevailing idea seems to be that unless a much stronger demand sets in for export Home, the prospect of any further rise in the meantime is somewhat doubtful. Quotations : Best milling, 2s Id to 2s ljd; extra prime, fit for seed, 2s 2d to 2s 3d; best bright stout feed, 2s to 2a Id; medium to good, Is UJd to 2s; inferior to medium, Is 9d to Is lid (ex store, sacks extra, net). Barley: The market meantime is quiet, nothing of any consequence passing in malting. Milling is scarce and in demand, while feed is only occasionally inquired for. Quotations : Be3t milling, nominally, 4s to 4a 3d; medium to good, 3s 6d to 3s 9d; milling, 3s to 3s 6d ; feed, 2s to 2s 6d (ex store, sacks extra, terms). '

Grass Seeds.—Best dressed perennial ryegrass seed is held for 4s to 4s 3d; choice, 4s 4d to 4s 9d; medium, 3s 9d to 4s. Cocksfoot, best dressed, 3Jd to 4Jd; medium, 2d to 3Jd per lb (ex store). Potatoes.—The market is now quite bare, and prices have further advanced, best Derwents being worth 85s to 90s ; medium, 77s 6d to 82s 6d ; best kidneys (for seed), 85s to 95s per ton (ex store, sacks weighed in).

Chaff.—A moderate demand exists, and last week's prices are being maintained. Best is worth 52a 6d to 55s ; medium, 42s 6d to 47s 6d ; inferior, 32s 6d to 40a per ton (ex truck, sacks returned).

Dairy Produce.—There is no change to note in the market, the business done being chiefly confined to retail parcels. Operations are not extensive. Prime salt butter (dairy-made), dull at 7d to 8d ; medium, 5d to 6}d; factory (nominal), lOd to lid. Factory cheese (medium size), 4Jd to 5d ; loaf, 5d to 5Jd ; dairy-made, 2d to 4d per Ib. Flax.—There is very little of this product now coming forward, and in the absence of supplies the market meantime is quiet. Quotations : For best, £16 to £17 : medium to good, £14 to £15 10s; inferior and strawy, £10 10a to £12 10s per ton (ex store).