COMMERCIAL

Otago Witness, Issue 2057, 27 July 1893, Page 24

COMMERCIAL

The s.s. Miowera took some fruit and produce to Vancouver on her first trip. Butter realised 28 cents perlb. It was declared to be splendid quality, and it will undoubtedly pay to ship Australian 'butter during the winter. A few samples of carcases of Australian mutton were soon disposed of. Th« general opinion was^that the meat ia quite equal to Oregon or North-west muttorir_ShiP ments sold at 14 cents to 16 cents per lb. , The local "butchers are doubtful whether it will pay to ship Australian mutton. At Addington yards on Thuraday, a number of iat lambs were submitted. They were from a line of foiir-tooth crossbred ewes bought by Mr ActonAdams last September, and subsequently mated ■Tdth Shropshire Down rams. The result was a large percentage of fine healthy lambs dropped about April 1, of which those marketed were a sampler The ewes were well cared for during gestation and nursing, and were put to the rams again in May, and will lamb the second time within the 12 trtonths. Such an occurrence is unprecedented in New Zealand sheep farming, and it is only with exceptional breeds, under exceptional conditions, that two crops of lambs in the year have been - ootained in England. The lambs we're sold by Messrs H. Matson and Co. at from 13s to 15s each. — Lyttelton .Times. At the-first auction sale of grain at Timaru by the Farmers' Co-operative Association on Friday, 2000 sacks of wheat and 3000 of oats were disposed

of. There was a good attendance. Milling wheat fetched 2s 5Jd to 2s 7d ; oats, 2a to 2s 4d. The directors of the Woodlands Dairy .Factory Company have resolved to pay a further id per gallon for milk received during the season, this making a total of 3Jd per gallon. A dividend of 8 per cent, to the shareholders' was also recommended, payment to be made at the date of the annual meeting.— Southland Times. Messrs Arthur Briscoe and Co , of this city, have been advised by telegram that they have secured a further contract for the Bupply of 6000 casks of Knight Bevan's cement to the Napier Harbour Board. This makes a total of 18,000 casks to be supplied by the firm within a period of six months. A meeting of directors of the New Zealand Dairy Farmers' Co-operafcive Company (Limited) was held on Monday afternoon at the company s office in Bond street, when the directors, in view of the number of shares applied for, decided to proceed to allotment. The company, we are informed, is composed chiefly of farmers who are taking a lively interest in dairy farming, and the 'business commences with a strong body of shareholders. The following is the number of bags of grain and produce received at the Dunedin railway stations during the week :— , Bar-Pota- Pro- ' Wheat. Oats. Bran. ley. toes. duce. Tl Wednesday 230 210 - - 220 — 690 Thursday 251 566 — — 164 301 1282 Monday .'.V- 370 - - 280 410 1060 WEEKLY LIVE STOCK AND PRODUCE REPORT. Wednesday, July 26. Fat Cattle.— To-day's supply, 85 head, was the smallest number seen at Burnside for a very long time, and had it not been that four of the principal butchers had supplied themselves outside, beef would have reached famine prices. The quality for the most part was good, although there were no heavy-weights in. Best beef brought 25s to 2JTs 6d per 1001b ; medium, 21s to 24s.— The Farmers' Agency Company (Limited) yarded 28 | head and sold :— For Mr W. Jaffray, jun. (East Taieri), 8 bullocks at £7 17s 6d to £9 155, 4 heifers at £6 2s 6d to £7 ; for Mr D. Sutherland (East Taieri), 1 cow at £8 2s 6d ; for Mr J. C. Renton (Mosgiel), 6 bullocks at £5 2s 6d to £7 10s ; for Mr A. Ralston (Greytown), 1 bullock at £6 ; for Mr C. Arthur (Tabletop), 1 cow at £8 12s 6d ; for Mr P. Ryan (Portobello), 6 heifers (small) at £4 17s 6d to £5 ; for Mr Warrington (MorniDgton), 1 cow at £5 10s; and .privately for Mr G. H. Gilroy (Stirling), 85 bullocks at '£10.Wright, Stephenson, and Co. sold : For, Mr William Shand (Keith Hall), 8 very prime bullocks as follows :-2 at £12 ss, 2 'at £10 10s, 2 at £10, 2 at £9 7s 6d (averaging £10 10s 7d), and 2 cows at £8 2a 6d; for Mr William Kirkland (Elmgrove), 1 prime short- i horn cow at £9 7s 6d, and 2 medium quality j heifers at £7 103 ; for Mr Andrew Hill (Owake), 7 bullocks (fair quality but light weight) at from £9 7s 6d to £9 153 ; for Messrs Mcc Bros. (Kuri Bush), 6 heifers (small) at from £5 to £5 15s ; and for Mr J. J. MAuley, 6 aged cows at quotations.— Andrew Todd (on behalf of the New Zealand Land Association, Limited) sold, privately, during the week, 75 head at quotations.—Donald Reid and Co. yarded and sold : For Mr W. Jaffray (East Taieri), 8 bullocks at £9 2s 6d to £8, 2 heifers at £7 17s 6d ; for Messrs A. and A. Souness (Otakia), 1 bullock at £8 17s 6d ; 5 heifers at £7 2s 6d to £5 7s 6d;] for Messrs E. Rollins (Mihiwaka), 6 bullocks and heifers to £4 17s 6d ; for Mr William Shand (Keith Hall), 7 prime bullocks at £12 2s 6d to £8 17s 6d, 2 heifers at £7 12s 6d. Fat Sheep.— lßo9 penned to-day, of which 370 were merinos, prices must be quoted easier than they were a few weeks ago, owing too doubt to the refrigerating companies reducing their limits. Best crossbred wethers brought 17b to I 83;8 3; medium, 14s to 16s. Best merino wethers, 11s to 12s ; medium, 83 to 9s 6d. — The Farmers' Agency .Company (Limited) penned 310, and sold :— For Mr H. M. Driver (Horseshoe Bush), 61 crossbred wethers 16s 9d, 48 do 16s 6d ; for Mr A. Douglas (East Taieri), 120 crossbred wethers 14s 3d to 16s ; for Mr W. Sanders (Plumpton), 12 crossbred ewes (small) lls, 69 merino wethers, 8s 3d to 9s 6d.— Wright, Stephenson, and Co. sold For Mr John Webster (The Grove), 40 crossbred wethers at 18s and 70 halfbreds at from 15s 6d to 16s 6d ; for Mr Andrew Wright (Woodlands), 60 crossbred wethers at from 16s 3d to 17s 9d ; for Mr James Wright (Broomlands), 161 crossbred wethers at from 16s to 17s ; for Messrs George Smith and Sons (Toiro), 60 half bred wethers (small) at from 13s 3d to 16s ; for Mr F. Hille (Kurow), 35 halfbred wethers at 15s 9d and 29 crossbred hoggets at 12s 9d ; for Messrs Hitchon Bros. (Waiwera), 105 merino wethers at from lls to 12s ; for the New Zealand and Australian Land Company (Hakate'ramea estate), 201 merino wethers at from lls to 13s; for Mr John Bruce (Greytown), 62 crossbred wethers at from 16s 6d to 17s ; and for Mr Alex, Hastie, jun. (GreyI town, 31 halfbred wethers (half fat) at 12s 9d.— The Mutual Agency Company of New Zealand (Limited) sold : For Mr J. B. M'Neil (Balclutha), 32 prime crossbred ewes at 18s. 28 at 16s 6d ; for Messrs A. H. and G.Anderson, 34 crossbred wethers at 16s, 30 at 153 6d ; for Mr G. M'Donald, 24 crossbred wethers at 18s 9d, 25 at 17s 3d, 37 at 15S 3d to 15s 6d, 34 at 14s ; for Mr A. Douglas, 1 pen of halfbred wethers at 14s 6d":— Stronach Brothers and Morris sold: For Mr Charles Tayldr, crossbred wethers at 17s, do ewes at 15s 3d.— Mr Andrew Todd (on behalf of the New 1 Zealand Land Association, Limited) sold : For Mr James Ross (Kartigi), 126 crossbred wethers to 16s ; for Messrs Aw and J. Brown (Abbotsford), 80 crossbred wethers and ewes at 14s 6d, and 20 merino wethers at 8s 9d.— Donald Reid and Co. yarded 120, and sold : For Messrs Wilson, Cameron, and Co. (Balclutha,), as agents, 60 crossbred wethers at 17s to 153 9d, 60 crossbred wethers at 16s 6d to 13s 9d. Pigs.— The entry to-day was even smaller tlian last week's, only 60 being penned, and the most of these were suckers and slips, and met with but moderate demand ; while the few porkers and baconers to hand sold well. Suckers brought 10s to 13s Cd ; slips, 16s to 18s ; stores, 19s 6d to 23s ; porkers, 34s to 40s ; baconers, 45s to 50s ; a few extra heavy pigs, 60s to 71s each.— The Farmers' Agency Company (Limited) sold 2 baconers at 70s, 1 at 50s.— Wright, Stephenson, and Co. sold 66 as follows : Extra heavy bacon pigs -at from 59s to 71s, ordinary do from 40s to 565, porkers at from 28s to 375, suckers at from 6s to lls. — Donald Reid and Co. yarded 32, and sold : Eor Mr M. Ryan (Waitahuna) and others, 32. at quotations. , Store Cattle. — The market does not show very much animation, though odd lots aie on occasions being placed; but, as usual at this time of the year, the demand is only to a moderate extent. The number changing hands in consequence is limited, confined chiefly to the requirements of those who have a supply of winter feed and in a position to fatten for the market. Young stock could be placed readily, but there are very few offering. — The Farmers' -Agency Company (Limited) have sold during the week 110 head at satisfactory prices. — Privately during the week The Mutual Agency Company of New Zealand (Limited) have sold 65 head at quotations. Store Sheep.— Privately and at auction during the week, the Mutual Agency Company ov New ! Zealand (Limited) have sold 2800 crossbreds at full market xateß. Owing doubtless to the season being now so far advanced and feed beginning to get short, the demand for these has not been I quite so keen lately ; at the same time sellers are not disposed to quit a!; any reduction on late prices. Meantime there are not very many suitable lots offering ; whenever there are, buyers are still to be found willing to operate at a slight reduction on late rates. Country Sales.— The Mutual Agency Company op New Zealand (Limited) report as follows :— On Friday, 21st, acting under instructions from Mr U. B. Glanville, who has recently disposed of his farm at Mihiwaka, we held a clearing sale of dairy cows, &c. Although the weather was bleak ! and cold,' there was a large attendance of the settlers of the district, and a very satisfactory • sale resulted. In addition* to Mr Glanville's stock, there was a good number of outside entries, most of which were sold.— On Tuesday, 25th, our fortnightly stock sale was held at the Milton yards, for which about 700 sheep, 10 head of dairy cows, and a few pigs were offered, There was an unusually large attendance, and for good lines of hoggets and the best classes of prossbred ewes sales were readily effected ; in fact, with the exception of one email pen of sheep every lot was

Bold. Medium class hoggets brought 10a 8d ; halfbred wethers, 13s 9d ; quarter-bred wethers, 9s lid; sound-mouthed crossbred ewes, 12s Id; cattle, to £5 2s 6d ; pigs, to 60s. Wool.— This week's telegrams from London respecting the closing of the June-July sales at Home, from which we gather that while prices ruling were firm there was a drop of Jd to Id per lb compared with the prices ruling at the close of the last series, the finer grades of both merino and crossbred suffering the most ; greasy merino super, fine greasy crossbred, fine washed crossbred, and fine scoured crossbred are Id per lb lower ; scoured and washed merino super, washed merino medium and inferior, id to Id per lb lower ; greasy merino medium and inferior, greasy crossbred medium id per lb lower, scoured and washed medium crossbred and greasy crossbred lambs, }d to Id per lb lower ; coarse, greasy, washed, and scoured crossbred, greasy merino lambs super, medium and inferior id per lb lower. The quantity of wool catalogued was 337,800 bales, of which 139,000 were sold for export, while the Home trade took 178,000 bales, 61,000 bales being held over for future disposal. Locally, there is very little doing ; all offered, however, continue to realise prices fully in sympathy with those obtaining for similar quality at Home. Sheepskins.— A very satisfactory demand continues to be experienced for these, which meet with good competition at the hands of felmongers, as well as exporters of dry skins. At the weekly auction sale on Tuesday a good catalogue was submitted, representing (as usual) all sorts. The attendance of buyers was large. Competition was very spirited, all sorts realising priceß quite on a par with those obtaining the previous week, quality considered. Best crossbred green skins fetch 4s 9d to ss ; choice, 5s 3d to 5s 6d ; medium to good, 3s 8d to 4s 8d ; green merinos, 2s 6d to 3s 8d ; country dry crossbreds, inferior to medium, Is 9d to 3s 8d ; do merino, Is 6d to 2s 6d ; full-woolled crossbreds, good, 3s 9d to 4s lOd ; best do, 5s to 6s lOd ; do merino, good, 2s 7d to 3s 6d ; best, 3s 7d to 5s 9d ; dry pelts, 3d to Is 4d each. Rabbitskins.— An excellent demand exists for these. The weekly sale on Monday was well attended, and the bidding spirited. All sorts offering are keenly competed for by the trade, and prices ruling during the past three or four weeks are being firmly maintained. A lengthy catalogue was submitted, best grey does fetching Is 4d to Is 4Jd ; picked lots would fetch Is 5d or more ; best bucks, Is 3d to Is 3id ; mixed bucks and does, la 3Jd to Is 4d ; medium to good. Is 2d to Is 3d ; autumn, lOd to Is 2d ; summer, 8d to 9d ; suckers, half -grown, and inferior, 3d to 7id per lb. Hides. — There is no alteration to note in the market of these. Quotations: For heavy hides, 2d to 3d ; extra do, 2Jd to 3d ; medium, lid to lfd ; inferior to medium, Id to ljd per lb. Tallow. — The usual demand for local consumption continues good. Lines in shipping condition are also inquired for ; all offered, indeed, is "readily placed at the following quotations :— For best rendered mutton, 21s 6d to 22s 6d ; medium to good, 18s 6d to 20s 6d ; inferior to medium, 14s 6d to 17s 6d. Rough fat : Best clean caul? 14s to 14s 6d ; medium to good, 12s 6d to 13s 6d ; inferior to medium, 11s to 12s 3d per cwt. Grain.— Wheat : Reports from Home regarding this cereal are still unsatisfactory, showing no indication of any improvement in price. In face of late advices it can hardly be expectedthat any advance on present values will be secured meantime in the local market, and, given favourable weather for harvesting during the next two months, there is little prospect of English values rallying. It is hopeless to look for any reaction at this end under these conditions. The tone of the local market, however, is in no way changed since last report. A moderately fair demand is experienced, all sorts, from inferior to prime, being saleable at late rates ; indeed, inferior is improving in value. Prime milling velvet and Tuscan, 2s lid to 3s; medium to good, 2s lOd to 2s lid ; inferior to medium, 2s 6d to 2s 9d ; broken and thin, 2s 2d to 2s 5d (ex store, sacks weighed in, terms). Oats : A very steady demand is experienced for these, all offered being freely taken up ; and although there is no further rise in the market this week, prices lately obtaining have been freely paid. At the auction sales on Monday (when most of the lots submitted were sold) there was a very large attendance of buyers, and bidding was very spirited. Prices ranged from Is 9£d to 2s 2d. The quantity now coming to hand from the country has fallen off to almost nothing lately, yet a considerable quantity still remains in store, very little of which is now on growers' account ; but the balance will doubtless be safe at present prices for some time. Prime milling, 2s Id to 2s lid— extra prime, id more ; best stout bright feed, 2s Id to 2s lid ; medium to good, Is Hid to 2s ; inferior to medium. Is 9Jd to Is lid ; Danish, Is lOd to 2s Id ; long Tartarians, bright, fit for seed, 2s to 2s 3d (ex store, sacks extra, net). Barley : There are no sales of any consequence being made in this, only small parcels occasionally for feed and milling. Prime malting, nominally 4s to 4s 3d ; medium, 3s 6d to 3s 9d ; milling, 3s to 3s 6d ; feed, 2s to 2s 6d (ex store, sacks extra, terms). Grass Seed.— The season is hardly far enough advanced just yet to admit of very much business being done. Nevertheless a few sales are being effected of both ryegrass and cocksfoot for future requirements, and as stocks of both are not by any 'means heavy, present quotations are likely .to hold good. Bestdrefsed ryegrass is worth 4s to 4s 3d ; choice, 4s 6d to 4s 9d ; medium, 3s 9d to 4s. Cocksfoot—best 4d to 4id, medium to good2idto3fd per lb. Potatoes. — The supply during the past week has been somewhat on a larger scale, and has checked any further rise worth mentioning in the meantime. At auction on Monday best Derwents fetched £5 2s 6d to £5 ss ; others, £4 17s 6d to £5 ; kidneys, £4 15s to £5 (sacks weighed in, ex store, net). / Chaff.— A considerable supply of inferior and medium has been on the market this week, but very little really good. Prime is worth 57s 6d to 60s ; choice, 623 63 ; medium, 45s to 555 ; inferior, 27s 6d to 42s fid (ex truck, sacks extra). Dairy Produce.— Prime salt butter, dairy-made, slow sale at 7d"to 8d ; medium, 5d to 6Jd ; factory (nominal), lOd to lid ; factory cheese, medium and loaf 4|d tasd ; dairy-made 2d to 4d per lb. Flax. — There have been no consignments forward lately ; business in consequence is almost at a standstill. Meantime quotations run for best, £16 to £17; medium to good, £14 to £15 10s ; inferior and strawy £10 10s to £12 10s per ton (ex store like individual reports o] Wool, Rxlbittkin, or Grain- Brokers can be inserted in the Daily Timts and Of ago Witnestat Special Rates.] GEAIN AND SEED REPORT. Messrs William E. Reynolds and Co., wool, grain, and seed agents, Stafford street, report tor the week ending 26th July 1893 as follows i— , Beautiful spring weather has been experienced lately, which should have a good effect on the country generally. Wheat. — Again we have the unpleasant duty of reporting the inactive state of this market. There is no improvement to report either at Home or locally, consequently the market remains stagnant. We can but repeat last week's quotations— viz. : Prime Tuscan and velvet, 2s lid to 3s ; good ordinary, 2s 7d to 2s lOd; fowl feed in good demand at up to 2s 5d (sacks m and terms). Oats. — This market is decidedly weaker, and shows a decline in prices. Speculators are only buying at their own prices, and will not give last week's figures for any lijies offered them, and in fact are not eager to purchase at all, as is usually the case in an inactive market, as they prefer to hold off on the chance of picking up lines at less money. Unless some outside market commences to draw upon our stocks, we do not see much chance of a further rise meantime, although we are inclined to think that there will not be any material fall in prices, should there be any. We quote : Prime milling and '•feed. 2s Oid to 2s Id (extra prime for seed up to 2_a 3d) ; good heavy, 2s; medium, Is lid to Is HJd ; inferior, up to Is 10id. % Potatoes.— These are still in good demand, and prices remain firm. Although supplies have been heavier this week than of late, still all consignmerits comingto hand are easily placed at quotations—viz. : Best Derwents, £5 to £5 2s 6d ; medium to good, £4 15s to £4 17s 6d. Chaff.— This market remains firm for really prime lines at up to 60s, while medium and ordinary are not commanding much attention, and are worth from 45s to 52s 6d ; inferior (slow of sale), at from 30s to 42s 6d. Grass Seed.— Ryegrass : Business in this seed

has been fairly brisk considering that we are hardly yet into spring, and as far as we can judge prices are likely to harden as the season advances, though not, perhaps, to any marked extent on today's quotations, under which it is not possible to buy. We give same at 4s 6d for very best machine dressed ; good heavy do 4s to 4s 3d ; ordinary and good farmers' dressed lines, 3s 9d. Cocksfoot is also moving off very well, and what stocks may be held north we cannot say, but here we judge them to be light. We quote : Best dressed up to 4id ; good medium weight. 3id to 4d. While we can supply very good quality for surface sowing at 8s 6d per bag. Clovers : These we have just landed direct from London, and can confidently recommend to our many clients, to whom we will be pleased to send samples and quotations on application, with the assurance that same will be found favourable.