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COMMERCIAL.

Daily Times Office, Friday evening. The amount of customs revenue received to-day on coods cleared for consumption war- £1187 os. The National Mortgage and Agency Company s last Melbourne report states that holders of oatH there have been trying to force sales, the reßult being that good Algerians are dull of sale at 14d to 14Jd per bushel, and it is quite expected, in view of hsavy crops of feed of all kinds, that oats will go below Is this season. Stout oats are scarce, fait they also have fallen to la 9d for good sorts.

COMMERCIAL TELEGRAMS. j London, December 2?. The total quantity of wheat and flour afloat for the "United Kingdom is 2,75«,0!'0 quarters, and for the Continent 1,080,000 quarters The American visible wheat supply ib estimated at 114,b00,UUU tstshelfe

New Zealand Trust and Loan Compiny's shares "'Tbfmiid weather towards the approach of Christmas is demoralising Imtter maiUt. It is probable that the bulk of this .moni h s . urn ah will be kept in store, and it is believed will improve at the beginning of the yetr. Jli Campbell, the Victorian agent, repoita u\ a,-,f,?n^ of the finest quality of butter is selling at M, to The Tongariro's cheese is bringing 52a. inK^w^b'rl^^pt^tn^nlpMT^^"te^lHn ga t3id u tta.rrived too e-irlv aud is below the average quality, me recent rseTnprice of Australian mutton is mainly the result of an understanding arrived at among the leading consignees.

MONTHLY SALE AT PALMERSTON. Messrs Wbioiit, Stepiienson, and Co._ report having held their monthly sale, of stock at P.»l ißßrston on Friday, the 21»t inst., wheril they offered a fairly large entry of ahesp and cattle. There vvasag^od attendance of settlers andl ethers interested, but the demand was anything but brisk, and to effect sales reductions on values (more especially on those of sheep) lateiy ruling Hto be submitted to. Sellers, however recognised that in the face of the ,n-esent unMtwfaotory state of the fat stock market, and the scarcity of feed caused by the prevailing dry weather, it was hopeless to look for hi?h prices,.andL therefore, although the sale was a very lugging one, we succeeded in clearing all our entries at the following prices :-Twc and four-tooth crossbredmamen ewel and wethers, to 7s 3d; two and^four- ooth half and quarterbred ewes and wethers, to 5,, fat ewes, 7s to 7s 9d; two and threo-year-cld tat steers, £5 17s 6d to £7; two and tl^e-year-old fat heifers, £4 to £6 15s; two-year-old rteerb, £4 to £410s; two to two and a-half-year-010 heifcii, £3 to £3 10s: yearlingf, £1 15s to £2 i», ilauy cows, £317s 6d to £510s.

STORE CATTLE SALE.

The Farmers' Agency Company (Limited re, t holding a special sale at Burnside Yards yesterday (Friday), 21st December. The attendance was mther disappointing, but all preaent were buyers and bid cheerily enough for every pen Ihe cattle yarded were mostly young and m fresh condttion Prices were a little easier, due probably, to the long spell of dry weather, which in some parts has already weakened the feed. '^?yf* »s follows :-15 rising three-year steers tt£tlisbi, 23 do two-year do at £3 Gs, 30 two-year heifen M £2 17s 6d 12 three-year steei-3 At £a 12s, 4 agea cowsatS3fe, 6 heifers aft _4 ISa, 9, yearlings at £1 188 20 do at £114s, 26 heifers at £4 (Is, 4 cows at £1 5s to £5 ss, 26 one and two-year cattle at j£2los. „_

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18941222.2.5

Bibliographic details

Otago Daily Times, Issue 10239, 22 December 1894, Page 1

Word Count
574

COMMERCIAL. Otago Daily Times, Issue 10239, 22 December 1894, Page 1

COMMERCIAL. Otago Daily Times, Issue 10239, 22 December 1894, Page 1