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COMMERCIAL.

It is understood that the property which Comprises the Royal Arcade has been sold by Mr D. Campbell, its owner, to a Victorian syndicate for about £20,000.

Messrs Donaid Stronacb and Son report having held a sale of surplus stook at Messrs W. and T. Telford's Olifton estate on Thursday, 17th inst. ' There was a large attendance of buyers, and competition was spirited for all classes of sheep, especially crossbreds, which realised as follow :— Full-mouthed halfbred ewes, 6s lOd ; four and six-tooth do, 6s Id ; crossbred wetherß and ewei, four and six-tooth, 9s ■sd ; three-quarter-bred ewes, four and six-tooth, 8s sd ; do ewes, full mouthed, 7s ; do ewes, four-tooth to full mouthed, 8s ; crosßbreds and merinos, mixed, 5s 7d ; and merino wethers, full mouthed, fat, 6s lid ; do do, stores, 4s 6d ; do do, 5s 3d ; four-tooth merinos, 5s Id ; two-tooth do, fis j merino wether lambs, 5s sd ; full-mouthed merino ewes, 3s 9d to 4s ; three-quarter-bred ewes, fat, lls. The sheep were acknowledged to be of very superior quality, and were in first-class condition. Altogether 6000 were Bold, being every lot offered.

New Kelson hops are now coming into the market freely, and the I; quality all round is considraed fair. Small lots of prime sampleß are selling on spot at lOd to lid per lb. For imported hops there is very little demand and prices are only nominal. In the metal market a fair busineßß has been done during the week, and values of several lines have hardened. Fencing wire is in very moderate supply, aud has advanced 10# per ton, this week's quotations being £14 to £14 10s per ton. usual extras. Barbed wire aecurei £24 10s per ton. Standards have alio advanced, and are firmly held for £11 to £11 10s per ton. Galvanised iron ii firm at £24 to £25 per ton, according to brand and quantity. Millers' linea have ruled during the week as follows :— Flour, £8 to £10 per ton; oatmeal, £8 10s to £9 per ton ; chaff, 45s to 60s per ton ; bran, £3 per ton ; :pollard, £4 per ton ; and pearl barley, £16 10s per ton. •THeßsrs Dalgety and Co. have received the following cablegram from their head office, dated London, 24th inst :— " The wheat market is 3d higher." The Hew Zealand Loan and Mercantile Agency Company (Limited) have received the following cablegram from their London office:— "Tallow: Market firmer. Fine mutton tallow is Worth 25s per cwt, and good beef tallow 23s 6d. Frozen meat : Mutton, market weaker. Canterbury is worth 4fd, and Wellington 4£d. Beef market has a downward tendency, though quotations are unchanged." From Messrs Cornish and Co.'s grain report, dated Sydney, April 12, we quote :—" During the past month we have had a continuance of rainy weather with heavy floods in our country districts, which has retarded threshing operations, and prevented Che carriage of produce towards the. metropolis ; consequently feeding grains and breadstuffs show a firmer market, much more so than we could have looked for a month ago. In wheat we would point out that the total yield is estimated at 6,460,000 bushels, after allowing 500,000 buihels estimated asdamaged by rust, averaging 13-88 bushels per acre. We require of this quantity 550,000 bushels for seed, and 7,397,000 for food, which will leave a deficiency to be imported of 1,487,000 ; but as we are of opinion that this quantity will require to he augmented considerably, as the late rains must in a great many instances have penetrated stacks, consequently when threshing takea place a large quantity will be found seriously damaged. We anticipate a good demand throughout the year for oats, and we would remind our New Zealand friends to keep the market well in hand by not pouring in large quantities at any one time, but keep pace with the demand, so that if the supply falls off in our maize shipments the demand for otta will increase faßter than under ordinary oircumstanoes."

Messrs Balmer, Lawrle, and Co., in their circular dated Caloutta, March 24, report:— "Jute goods: During the fortnight about 1100/1200 bales of wool-p-tcks have been done ; they were mostly all orders by mail, being equatters' actual requirements, as particulars accompanied each few bales; 100/200 bales branbags have been done at Us. 21-0-0. In cornsacks, there has been no inquiry. The general feeling of the market is that Heaafans have a rising tendency; plain D.W. goods are steady, the trade demand absorbing the productions near delivery and keeping the market steady at paper rates. For forward, some sellers are willing to take 2 to 3 annas lesß than paper rates for B. & O. hags. In twill goods tho market is weak in all positions, and for "Open" ports from 6 per cent, to 8 per cunt, under association minimum is being accepted, but for colonial and country goods there is little or no probability of lower rates from all we can judge juat now. Tea : The shipments of tea for tfce pa3t season (1889-90) to your ports is as follows:— Melbourne, 2.031 ,7531b ;• Adelnide, 319,7971b; Port Lyttelfcon, a00,B87lb; Syduey, 300.1811b; Auckland. 197,5011b; Port Chalmers, 133,0841b ; Brisbane, 12,4201b ; other ports, 74,0861b."

The Shaw, Savill, and Albion Company's Matatua will take from Oamaru 6800 carcasses of mutton and lamb, over 600 bales of wool, 3500 cases of preserved meats, and upwards of 300 tons of grain. The revenue collected at tbe custom house during the past month on goods oleared for consumption amounted to £33,413 18a Bd. including the primage duty of £897 5a 4d. The gold duty for tbe mouth amounted to £991 Is le\ aud the beer duty to £1239 3i3d.

The total arrivals of grain at the Dunedin station during the past week were: — Oats. Wheat. Barley. Potatoes. Flour, bran. Total. 20,447 4221 708 1293 1302 27.H71

The total arrival from the Isfc March to the 26th A pril with thn figures for the corresponding period last year are as follows :—

WEEKLY LIVE « TOOK AND PRODUCE REPORT. Wednesday, Aphil 30.

_ Fat Oatt.le- A moderate supply of 203 head, principally m-dliim qual,ty. came forward for this week b market, but prices .howed no improveme t caused no doubt by many of the tnTde hartng supplies on hand. Best bullocks brought from £7 10s to £8 15s; medium, £5 10s to £7 ss? light and Ii" fei tor quality. £ 1 to £5 -Geohgk Todd (on behalf of the Mutual Agency Company of New Zealand, Limited j sold on ac ount of Mr It. Charters (Urv Park), 10 prime quality heifers irom £Q to £l 5s • on account of MrG. Steel, 6 heifers from £5 7 a «d to £1 7s 6d ; and on account of others, 10 head from £1 to £i 12s 6d.-DoNALD Stronach and Son sold a draft of 16 heifers f'Om the New Zealand and Australian Land Company's Edendale ejtate at £4 10a to £5 ; and offered on account of other vendors furiVr 10 be»d. of which only 4 found buyers, the rfirniinder be>in# withdrawn by tho owneis — Wright, Stephexson, and Co. sold 97 hoad at follows:— On aueount of Messrs Fills Bros (Five Rivers estnte). 12 bullocks at from £6 lO.i to £8; on fic&mnl ot tho New Zealand >)ijd Australian Land

Company (Edendale estate), 13 bullock* at from £7 to £8 ; ,on acoount of Mr F. Bradfleld (Catlin's River), 7 bullocks at up to £6 15s ; on acoount of Mr J. B. Blair (Abbotsford estate), 16 bullocks at up to £6 17s 6d ; on account Mr John Smith (Langlea), 5 bullocks at £6 17a 6d ; on account of Mr Jas. Friend (Catlin's Biver), 7 bullocks at up to £6 7s 6d ; on account Mr W. Palmer (Otakia), 9 bullooks at quotations; and on account of Messrs Thos. Finnic (Saddle Hill), Jno. Holmes (Highcliff), T. N. Morris (Highcliff), Jas. Wilson (Portobello),{J. J. MAuley (Portobello). and others 21 head at Current rates.— John Grlndlky (on behalf of tbe Farmers' Agency Company, Limited) sold as follows: — For the Henley Company (Limited), 10 bullocks at £4 12s 6d to £5, 10 heifers at £3 7s 6d to Hi 108 ; for Mr Louis Meyer (Otakia), 3 bullocks at £4 7s 6d, 2 heifers at £3 ; for Mr J. Jenkins (Purakanui), 2 oows at £3; for the Meat Company (Limited), 7 bullocks at £i to £6 12s 6d; for Mr J. P. M'lntyre (Thorabury), 7 cowb at £3 2s 6d to £4 15s ; for Mr W. Shand, 10 bullockß at £7 7s 6d to £8. Reid, Maolban, and Co., yarded and disposed of 28 head ;as under:— On acoount of Mr James Liddle (Taieri Beach), 31 bullocks at £6 7s 6d, 3 at £5 7s 6d, 2 at £4 17s 6d, 2 at £4 16s ; for Messrs Bills Brothers (Five Rivers estate), 2 heifers at £4 12s 6d, 1 at £5 ss, 2 at £4 10s, 3 at £4 ss ; on account of various owners, 10 bead at quotations. — DOJ?AU> REtD AND Co. sold on account of Mr Robert Marshall (Henley). 2 heifers at £4 ss; on account of Mr James Reid (Henley), 12." bullooks at £6 12s 6d to £5 17s 6d ; on acoount of Mrß Leyden (Mosgiel), 1 cow at £3 7s 6d ; on account of Mrs R. Stoddart (Green Island), 1 cow at £4 12s 6d ; on account of Messrs J. O'Oonnell and J. M'lntosh, 4 bullocks and cows at market rates.

Fat Sheep.— A large supply came forward, 4487 being penned. 160 were merino wethers, and the balance crossbreds of all qualities. The demand was fairly good at the start, but fell off considerably towards the end, and had it not been that a large number were bought for export a heavy decline would have taken place. Best orossbred wethers brought 12s 6d to 14s 3d ; medium, 9s to 12s ; best ewes, 11s to 12b 3d; medium,7sto 10s; merino wethenupto6i3d. — Geobgk Todd (on behalf of the Mutual Agency Company of New Zealand, Limited) sold on account Mr li. Scott, 76 light-weight eweß and wethers at 10s 6d to 10s 9d ; and on account Mr James Fyfe, 62 medium quality ewes at 9s to 8s 9d.— Donald Stbonaoh asd Son sold 122 fat crossbred ewes, on account of Mr John Henderson (Buhondale, Stirling), at 11b 3d to 12s 3d.— Thb New Zealand Loan and Mercantile Agency Company (Limited) sold on Recount of Messrs Todd Bros. (Islington) and others, crossbred ewes at quotations.— Wbight, Stephknson, and Co. sold 2044 as follows >— On account Mr Watson Shennan (Conical Hilla), 33 prime crossbred wethers at 14s, 23 crossbred ewes at 10s 9d ; on account Mr Jas. Matheoon (Southland), 63 very prime crossbred wethers at 14s 3d, 47 prime crossbred ewes at lls 9d ; on acoount Mr James Wyllie (West Taierl), 135 prime crossbred wethers at 13s 9d; on account Mr Malcolm M'lntyre, 186 crossbred wethers and maiden ewes at 12s 9d ; on aocount Mr James Chisholm (Fernlea), 83 crossbred wethers at from 14s to 12s 3d ; on account Mr Robert Grieve (Waianiwa), 30 crossbred ewes at 9s 9d ; on account Messrs W. and T. Kell (Waitahuna), 72 halfbred wethers at from 12s to 11s, and 71 halfbred ewes at from 10s 3d to 9s 3d ; oh account Mr John M'lntyre (Thornbury), 70 prime crossbred wethers at 14a, and 60 prime crossbred ewes at 129 ; on account Mrs O. Miller (Braemore), 57 crossbred ewes at from 9s 9d to 9s ; on acoount Mr D. T. Shand (Broadacres), 174 halfbred wethers at from 12s 6d to lls ; on account Mr George Chiok (Otara;, 60 prime crossbred ewes at from lls 9d to Us 6d ; on account Mr J. Cunningham, 290 halfbred and quarter-bred wethers at up to 10s 4d ; on account Mr A. O. Thompson (Mosglel), 143 half bred ewes at quotations ; on account Mr Alex. Campbell (Campbelltown), 140 halfbred wethers and maiden ewes at from 13s 6d to lls 6d ; on acoount Mr James Bell (Waikouaiti), 200 halfbred wethers at up to lls ; and on account Mr Peter Grant (Gowrie), 107 crossbred ewes at lls 3d.— John Gbindley (on behalf of the Farmers' Agency Company, Limited) sold for Messrs A. and A. Souness (Otakia), 146 halfbred wethers at 14s to 13s 6d ; for Mr John Stephenson (Henley), 100 halfbred wethers at 14s 6d ; for Mr J. B. Blair (Abbotsford), 51 two-tooth halfbred wethers at 13s 6d ; for Messrs J. A. Duthie and 00. (as agenti), 350 two-tooth wethers at 13s 6d ; for Mr John Bulfin (Tuapeka), 25 two-tooth wethers and ewes at 12s 3d ; for Mr A. M'Laren (Tokomairiro), 120 four and six-tooth ewes and wethers at 13s 9d to 14s ; for Mr W. Davidson (Herbert), 128 halfbred ewes and wethers at 9s 6d to 8s '3d; for Mr W. Harker (Mataura), 93 crossbred wethers at 12s 6d, 70 crossbred full-mouthed ewes at 9s, 19 merino wethers at ss; for Mr Godfrey Foster (Milburn), 35 halfbred ewes at 8s 6d ; for Mr H. Palmer (Otakia), 22 two-tooth crossbreds at 9s 9d ; for Mr W. Anderson (Hillgrade), 112 halfbred wethers at 13s 3d to lls ; for Mr William. Todd (Mosglel), 77 halfbred ewes at lls; total, 1341 — Reid, Maclean, and 00. yarded and sold 582 as follows :— On account Mr H. O. Cameron (Balclutha), 263 mixed two-toothed crossbreds at quotations ; on account Mr R. H. Rhodes (Blueollffs), 35 crossbred ewes at 9s 3d, 25 at 9s 3d ; on account Mr J. B. Blair (Abbotsford estate), 31 crossbred wethers at 14s, 31 at 14s, 31 at I4s, 42 at 12s 6d, 30 at 13s 9d, 27 at 12s, 62 light weight two-tooth wethers at 10s 6d.— Donald Reid and Co. sold for Mr J. Gibson (Gore), 34 crossbred wethers at 14s, 20 orossbred ewes at lls 3d ; for Mr R. Bagrie (Hartford farm), 40 crossbred wethers and eweß at 11b 6d, 23 crossbred ewes at 9s ; for Mr H. Murray (Clarkesville), 6J croßsbred wethers and ewes at 12s 9d to lls 6d ; for Mr P. Law (Naseby), 78 crossbred wethers at 12s to 10s, 203 crossbred ewes at 9s 3d to 8s 9d ; for Mr John Finch (Milburn), 66 crossbred ewes at lls to 9s 6d ; for Mr John Allan (Taurima), 111 crossbred eweß at 8s 9d to 8s 6d; for Mr W. Grey (Milburn), 2 crossbred wethers at 13s 3d, 20 crossbred eweß at 6s, 62 merino at 3s ; for Mr A. Todd (Mosgiel), 22 crossbred ewes at 9s 6d ; for Mr John Smith (Tuapeka West), 72 crossbred wethers and ewes at lls 9d to lls 6d.

Fat Lambs. — 618 were penned, amongst which there were some pens of first-class quality, for which the competition was good, selling at from 9s 6d to 12b 6d ; medium quality was dull of sale, at from 4s to 88. — Wbight, Stephenson, and Co sold 317 as follows :— On account of Mr George Obick (Otara), 8 extra prime at 12s 6d, 30 at 11s, and 41 at 10s; on account of Mr Robert Grieve (Waianiwa), 30 at 10s 3d ; on acoount of Mr F. Grimeß (Middleton), 34 at 10s 3d ; on account of Mr Charles Williamson (Willow Bank farm), 33 ab 10a 9d, and 19 at 10s ; on account of Mr Peter Grant (Gowrie), 88 at 6s 6d ; on account of Mr James Patrick, 10 at 6s 6d ; and on account of Mr F. Brown (Broom Hill), 18 at 9s, and 6 at 6s 6d.— John Grindlby (on behalf of the Farmers' Agency Company, Limited) sold for John Bulßu 48 at 10s ; for a South client, 78 at 8s to 10s. — Reid, Maclean, and Co. sold 42 on acoount of Mr H. O. Cameron at quotations. - Donald Reid and Co. sold on acoount of Mr J. Gibson (Gore), 10 nt 7s ; on account of Mr John Allan (Taurinaa), 20 at 7s 9d to 7b 6d ; 55 at 4s 9d to 6s 3d : on account of Messrs J. and J. A. Oallendar (Bast Taierl), 55 stores at 3s 9d.

Pigs.— The heavy supply of 426 came forward, mostly prime porkers and bacon pigs, and as tho trade have had large supplies during the past fortnight competition was dull and a further decline in prices had to be submitted to. Suckerß sold at from 5s to 8s; stores, 17s to 21s; poikers, 27s to 31s; baconers, 34s to 445, and a few extra heavy up to 49». George Todd (on behalf of the Mutual Agency Company of New Zealand. Limited) sold on account of Mr George M'Donald (Stirling), 50 at from 40s to 358; and on account of Mrs Clark and others, 6 at from 49s to 40s, and 10 suckers from 6s to 10a.— Donald Stbonach and Son sold one small lot of suckers at Bs, from Mr T. Y. Cook.— Wright, Stbphe.vsoit, and Co. sold 230 as follows: Bacon piga, heavy weights, 40s to 46s ; do ordinary, 31s to 40i ; porkers, 2is to 275. John Gmndiby (on behalf of tbe Farmers' Agency Company, Limited) sold 30 at 10s to 46s each.— Reed, Maclean, and Co. sold 84 as below Account Mr John Wright (Hoon Hay), 7 at 325, 7at 33s 6d, 7at 295, 6at 28s, 4 at 28s j account Mr Johnston (BHesmere),6 at 37b, Bat 325, 9 at 325, 9 at 31s, 9at 28s, sat 275, 4at 265 ; aacount the Otajro Benevolent Institution, 3 afi 10s. Store Cattle.— The business doing in theae at the moment is only on a limited soale. There are no transactions of any consequence as yet come under our notice. Small lots, when age and condition are suitable , find purchaser*; but buyers are not operating freely, mainly owing to the fact that the supply °l 5 ock for a considerable period has exceeded t he demand, very often resulting in sales being made at prices hardly covering those paid when purturning then- attention to sheep, and thia doubtless 1b tending In the meantime to lessen the demand for store cattle. A little further on, howexpect Pated that * BUght lm P™ement B id^hW h t eeP T^ hH& f wand for a « ed Bhee P has c°n«i Bft f V^ q h y for ,- vouu X meri »° wethers and ewes, also for good crossbred wethers and lambs ; but then are 80 very few of either offering that traZctions sra within a very small compass. Privately there are very lew aged sheep being Bold, while at publ.o

auotions we notice considerable numbers being disposed of, but at prices more in favour of buyers, and generally in small lots.— The N.Z.L.. and M.A. Company, Limited) sold during the week 1400 full mouth merino ewes at ourrent rates.— John Grindlky (on behalf of the Farmers' Agency Company, Limited) held a large sale at Clinton on Tuesday, April 29. Buyers were in large attendance, and came from Tapanui, Kurow, Inch-Clutha, and other parts. The sheep offered were on the whole a grand lot, and as prices below will show, were all in favotir of sellers. Taking the sale all round, it was considered one of the most successful ever held in the district. We sold as follows :— For Mr John Clark (The Gorge), 284 four-tooth crossbred wethers at 10s 7d, 448 two-tooth do at 7s 3d, 131 four-tooth ewes at 9s sd, 137 full and broken crossbred ewes at 4b ; for Mr Watson Rhodes (Cairn), 345 four-tooth wethers at 9s 7d, 243 two-tooth do at 8s 4d ; for Mr A. Cummings (Wairuna), 58 broken-mouth ewes at 4b; for Mr A. Youngson (Clinton), 34 halfbred wethers at 13s, 49 do ewes (broken-mouth) at 4s 3d ; for Mr R. M'Kinnon, 78 balfbred lambs at 8s 6d, 71 four-tooth wethers at 9b 9d ; for Mr William Blackie (Hill Foot, Waiwera), 60 crossbred ewes and wethers at 13s 3d ; for Mr J. Henderson. 140 orossbred wethers at 9s t for Messrs Rattray and Co. (Wairuna), 649 full-mouth halfbred ewes at 7s ; for Mr M. Fleming, 600 full-mouth orossbred ewes at 7s lid ; for Mr N. M'Kinnon. 32 croßßbred wethers at 10s Id; for Mr W. Turnbull, 18 crossbred wethers at lls 9d ; total, 3374. Country Sales.— Donald Reid and 00. held a olearing sale on behalf of Messrs Fleming Bros., on their farm at Kuri Bush, on Thursday, the 24th inst. There was a good attendance of farmers from KUri and surrounding districts, and under moderate competition everything was cleared. Horses sold at up to £15 10s, dairy cows at up to £4 10s, young cattle at up to £1 10s, implements and sundries making fairly satisfactory prices. On Friday, the 25th inst., the same firm held a clearing sale on account of W. J. Watt, on the Crescent farm, Stirling. Mr Watt was fortunate in being favoured with Queen's weather, and there was a very large gathering of farmers, dairymen, breeders, and others interested in firit-claas stock, many of them having come very long distances to see and if possible to obtain some members of the large and really grand,herd of cattle which had been gathered at tbe Orescent. The cattle, which were In tip-top condition, reflected great credit on Mr Watt's judgment as a breeder in having stock showing good points as heavy milkers, and of a breed easily fattened for the butoher when not longer wanted for dairy purposes; and the fine order in which they were brought to gale did credit to Mr Watt's management, and proved the care and attention bestowed on them. Fifty head were submitted to the hammer, and under very spirited bidding the whole were cleared at prices up to £11; for dairy oows and for young cattle to £3 15s. The following really grand specimens were secured as under : - Dairy cows : Young Duchess £11, Mr T. Marwick; one at £10, Mr T. Marwick ; Young Daisy £10 5», Mr James Bell ; Young Princess £8 10a, Mr William Bell. Draught horses sold up to £21 10s ; young horses, £9 ss ; farming implements, &o , all realising fairly satisfactory prices. Wool.— Latest cables since opening of the sales are not so encouraging, a decline of $4 per lb having taken place on combing, washed, scoured, and greasy merino, while other descriptions remain unchanged. Market slightly weaker. Total quantity catalogued to date, 131,000 bales. Total quantity withdrawn, 15,000 bales. Sheepskins, — There was a large attendance at the usual auction sale on Tuesday. Competition was very active for the large number of lots offered, and prices realised were quite on a level with those previously obtaining; but doubtless owing to the slightly adverse reports of the progress of the London wool sales, we are unable to record any material advance in values. It may be noted, however, that prices were more even than for some time past. Town and country butchers' green crossbreds had the usual attention, a good number of which came to hand, but hardly up to last week's quality. Country dry crdssbreds, inferior to medium, brought Is 6d to 4s 2d • do do merino, Is 3d to 3b 9d ; f ull-woolled crossbreds, 4s 3d to 6s 9d ; do do merino, 4b to 6s 2d ; dry pelts, 3d to Is 2d ; butchers' green crossbreds— best, 4s, 3s lid, 3s lOd, 3s 9d, 3s 7d, 3s 6d ; good to medium and inferior, 3s sd, 3b 4d, 3s 3d, 3b 2d, 3s Id, 3s, 2s lid. 2b 9d ; green merinos, 3s, 2a lOd, 2s Bd, 2s 6d ; lambskins. 3s lid, 3s 9d, 3s 6d, 3s 4d, 3s 2d, 3s Id, 2s lid, 8s 9d, 2s Bd. Babbitskins.— The market still continues quiet, owing to the pauoity of supplies, and even those coming forward are not up to much, only summer tkins, which do not realise very much at any time, and a few autumn skins, which are now beginning to be of a little more value. All offered, however, meet , .with good competition at the hands of the local buyers. The tone of the market is satisfactory, and from the evident desire on the part of buyers to operate freely so far the prospects for the incoming season are highly encouraging. It is anticipated thnt full prices will be obtained right through. Late rates continue firm, and advancing as the quality improves. Hides.— There is no change in the market. Late rittes are well maintained, especially for heavy weights, which seem to be in short supply, while the market is more than fully supplied with inferior and light hides. There is no demand for shipment, but the prices at present paid by the local tanners precludes very much business being done in this direction. Nearly all coming forward are taken up by the latter at rates according to condition and weight, which we give as follows -.—For beßt heavy weights, free from soars and offal, 2M to 3d ; medium, 2|d to 2§d ; light, 2d to 2|d ; inferior, l§d to ljd per lb. Tallow.— Late telegrams to hand report the Home market slightly firmer aud prices a shadehigber, but we hardly expect that these advices will materially alter prices lately current in the local market. The demand continues fairly active and no difficulty experienced in disposing of consignments immediately on arrival at the following quotations — viz- : For medium to good, 15s to 17s ; inferior and mixed, 12s to 14s 6d ; rough fat— best, lls 6d to 12s 6d, inferior to medium, 8s 6d to 10s 6d per cwt. Grain.— Wheat is in steady demand, and continues firm. The quality of really prime offering is limited, and in consequence slightly higher prices are being asked and obtained. Medium is more difficult to place, except at prioes which holders hardly feel justified in accepting. Fowls' wheat is scarce, aud, with a good demand existing, prices show an upward tendency. Quotations are: For prime Tuscan. 3s 2d to 3s 3§d ; prime hard velvet, 3s to 3s 2d ; beßfc red wheat, 2b lOd to 3s ; medium to good, 2s 8d to 2b lOd ; broken and inferior to medium, 2b to 2a 7d (ex store, saoks weighed in, terms).— Oats .- The arrivals during the week have been large, and mostly going into store. A slightly better demand has been experienceddurlng the past week, butthequantity disposed of is insignificant consider! >g theheavy consignments coming forward There is nothing like the demand for export experienced this season that existed at the same time during the past few seasons, and with so many growers anxious to quit, the market quiokly gave way, sellers finding it impossible to effect sales except at reduced prioes ; but we think the bottom has been reached, and scarcely think that any further reductions need be submitted to. We quote prime milling at Is 4§d to Is sd ; best short bright feed, Is 3£d to Is 4d ; medium, Is 2d to Is 3d (ex store, sacks extra). — Barley : The market for this cereal continues very quiet. A few sales are still being effected, but only of the very be«t offering, at from 3s to 3s 3d, any other having little or no attention. Grass Seed.— The demand for ryegrass seed hag fallen off considerably, and sales difficult to effect at late current rates. Stocks, however, are light, and it is considered that no more than sufficient for the spring requirements remain on hand. In that case, provided importations are not heavy, full prices should be obtained. Meantime we quote best dreised 4s 3d to 4s 9d ; undressed,' 2s 6d to 3s 6d (ex store). Cocksfoot, moderate demand, at 3d to 4§d per lb. Potatoes.— A moderately fair demand continues to be experienced, but prices do not Beem to alter very materially. Really prime Northern Derwents are easily placed ab from 70s to 72s 6d ; Southern, from 50s to 62s 6d per' ton. Chaff.— The market this week has not been so fully supplied, and any lots offering were eaßily placed ; but, owing to oats being so low, buyers of chaff are not disposed to give over late rates, which may be quoted as follows:— For best screened heavy chaff, 47a <3d to 52s 6d ; medium to good, 30s to 45s per ton. Dairy Produce.— The demand for prime salt butter continues moderately fair at from 7d to 8d per lb, but there are no buyers for medium or inferior ; while for cheese there is very little business passing locally, aad holders are seeking an outlet by shipment to Australia and Home.

[The indiiaual reports of wool, rabbitskin, or grainbrokers can be inserted in the Daily Timet and Otaoo Wittiest at special ratet,~]

Wheat ... Barley Potatoes ... Flour, brau, &o. Bane. 73.075 16,164 5.814 7,080 10,360 Baga. 69,901 31,933 6.647 9,685 6,934

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18900501.2.46

Bibliographic details

Otago Witness, Issue 1891, 1 May 1890, Page 18

Word Count
4,744

COMMERCIAL. Otago Witness, Issue 1891, 1 May 1890, Page 18

COMMERCIAL. Otago Witness, Issue 1891, 1 May 1890, Page 18

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