COMMERCIAL

Otago Witness, Issue 2259, 17 June 1897, Page 22

COMMERCIAL

[The individual reports of Stock Agents, Wool, Babbitskin. or Grain JBroJcers can hr inserted in the Daily Timet and Otayo Witness at Special Jiates J WRIGHT, STEPHRNSON, & CO.'S WEEKLY REPORT. Sheepskins. — At our sale on Tuesday there was an excellent attendance of buyer.--, and prices, which for the last few weeks have shown a slight dtf line, quits n-covered, and we sold all we offered at satisfactory figures We quote : Green cros&bred", 25 3d to 3s 6d ; extra good (freezers), up to 43 ; do lambs, 2s 3-1 to 3s ; dry erossbreds, good to best, 3s 8s to 5s 3d ; fair to medium, 2s Id to 3s ; pelts and inferior, 7d to Is 6d ; dry merino", good to best, 2s 9d to 3s 8d ; fair to medium, Is 6d to 2s 6d ; pells, small or damaged, 3d to Is each. llabbitskins. — We had a good catalogue for Monday's sale, and as there was a first-class attendance of, buyers, we had very spirited competition, and late prices were well mainiained; indeed in some instances a slight improvement was noticeable. The next sales in London take place on the 18th inst., and the result is awaited with interest, as of course a rise or a fall at this sale will directly affect the immediate futura of this market. Latest Home advices quote best winter greys at from 12d to 15d per lb ; summers and autumns, from 4|d to 7}d ; silver greys, from 14} dto 2V, d ; blacks and fawns, from B'd to Hid. Hidet. — No change to report. There is good inquiry for heavy, well-rlaved hides ; medium, light, are not in such goo i demand. We quotf : Prime heavy ox, 3Jd to 3Jd ; medium do, 23d to 3d ; light and inferior, IJd to 2id per lb. Tallow.— All coming forward is placed at la^t week's quotations. Best rendered mutton, 14s to 15s ; medium, 12s 6d lo 13s 6d ; discoloured and inferior, 9s to lls 3d ; rough fat, 83 to lls per cwt. Grain.— Wheat : 'Ihe market this week has been somewhat quieter, but there is no quotable change to report in prices. All prime milling sorts, both velvet and Tuscan, are readily saleable, but offconditioned southern wheats are difficult to place. We quote : 'Prime Tuscan and red sorts, 4s 2d to 43 3Jd ; medium to good, 4s to 4s Id ; fair to medium, 3s lid to 'Ss lljd ; prime velvet. 4' 3d to 4s 5d ; chick whet, 3s to 3s Sd per bushel (sacks in; terms). Oats : This mirket is slightly chmuithan last week, especially for oft'-colom'ed or inferior feed. We quote : Good to best feed, t's 2Jd to 2s 3}d ; fair to medium, 2s Id to 2* 2d ; btst milling and seed, 2s 4d to 2s 7d per bushel (.=afks extra ; net). Barley : There is very little offering, and although there is very good inquiry for prime malting samples there is but little business pa sinjr. AYe quote : Prime malting, 4s to 4s 2'i ; good, 3s 6d to 3s 9d ; mpciinm, 3s 3.1 to 3s 6d ; feed and milling, 2s 9d to 33 3d par l.vsli-i (sacks extra ; net). Chaff.— As we anticipated in last week's reoort the rise we then quoted has not been maintained, and prices have declined 7s Gd to 10s per ton. This was no doubt caused by the decline in prices recorded in Sydney, which immediately stopped all shipments, and the locil market became at once overstocked. To-day's values are : Prime oaten sheaf, £3 17s 6d to £4 2s 6d ; fair to medium, £Z 10s to £3 15s per ton (ex truck ; bags extra ; net). Potatoes.— The market is somewhat overstocked, and late quotations are barely maintained. Unless really prime great difficulty is experienced in quilting those forward. We quote : Prinio northern Derwents, £3 to £3 ss; prime southerns. £2 12s 6d to £2 17s 6d (bags in ; net). Note.— We would direct the attention of farmers who attend the winter show next week to our exhibit of roots, Ac., grown from Challenge seeds with the help of our manures. We would also draw their attention to the high quality of Challenge seeds, a quantity of which will be on view in the Agricultural Hall.

GRAIN AND PRODUCE REPORT. Messrs William E. Reynolds and Co., Bond street, report for the week ending 16th inst. as follows :—: — Wheat.— There is no change to note in the market for this cereal, and we can report the demand somewhat slack to-day, but we see no reason for altering our quotations of last week— viz. :— Velvet, 4s 6d ; southern grown, 4a 4a ; Tuscan, 4s 3d to 4s 5d ; red sorts, 43 2d to 4a 3d : fowl feed, from 3s to 3s Bd. Oats are perhaps slightly easier than a week ago, at the same time no one can point to a reason why they should be so, and we think it is mainly due to the fact that next week will be one of nearly all holidays, and business will consequently be somewhat suspended. We quote, with rather a slack demand ; Prime Sutherlandß 2s 6d— extra

fine 2s 61 ; light, heivy sparrowbills, 2s 4d ; good, sound, 2.< 3d ; ordinary, 2s Id to 2s 2d. Barley.— We have no change to chronicle, and the season is now practically over. All prime Unas are readily sold at late quotations, while infeiior lines of feed and milling are hardly in as good request. Potatoes show little or no change compared with the prices we quoted last week— £3 2s 6d to £3 5s for prime northern, and up to £3 for southern. Chaff.— Owing to very heavy deliveries dining the last week values all round were lower by very nearly, if not quite, 10s per ton. Prime quality, however, still seems to be scarce, and all forward sold readily at up to £4, while medium to good sold at £3 5s to £3 15s, and ordinary from £2 12s Gd to £3 2s 6d, with rather a dragging sale. | THE GRAIN AND SEED REPORT.. Messis Samuel Ojvr and Co., Stafford street, report for the week ending June 15 as follows :— The weather north is as dry as ever, but to the south of us they have had raiu, while locally we have had frosty weather _ •' Oats.— The market at time of writing is a " bit off," speculators and others bein»c quite afraid to touch them on the face of advices from the other side, which are far fiom encouraging; but this cannot be wondered at when you take into consideration the fact of 30,000 sacks going into Sydney in 10 days. The muiket will right itself if only giveu time, and we \vould_ add, too, that shipments from the south weie never so heavy up to this period of the year as this season, and will be felt bsfor« many months elapse. We quote nominally : Prime bright heavy Sutherland* and sparrowbills up to, say, 2s 4jd ; heavy feed, 2s 3d ; ordinary, 2s ]}d to 2s 2>Vd ; seed qualities, 2s 6d to 2s 9d. Wheat. — Market still good, and from all appearances likely to continue so— in fact some of the northern millers aie going 150 miles from their own doors to buy it Locally the demand is good, and any g od lots offering find a market at recent rates. If 'J''iisc.> quotes low to our friends in the extreme north, then their supplies might be drawn from there, .<nd help to break down prices here. We quote up to 4s (! i for prime milling ; velvet and other sorts, 4s 4d ; fowl feed, 3s 2d to 33 (id. Barley.— Wo sold over 1000 tacks during the week at recent quotations. Chaff. — A very largd quantity came fat ward for the auction sales this week, and a break down in prices was the result ; and though £1 5s was obtained for romp PxcepMonally fine quality, this cannot lie regarded as a standard, and wequote up In £i for prime ; othe- qualitiet , £2 15s to £3 15s. Potatoes. — The markets jaoith have finned considciably in sympathy with advices from Sydney, and we look bhortly to see them here at £4. WEEKLY MARKET REPORT. Messrs Moritzson and Hopkin, Dunodin, report (wholesale) as follows for week ending June 16. All quotations subject to market fluctuations :— Wheat.— -Mai ket fairly brisk for prime samples. We quote : Best velvet— Oamaiu 4s 4d to 4s 6d, south 4s 3d to 4s 41 ; best I'uscau— Oamaru 49 3d to 4s 4d, south 4s 2d to 4i 3d ; red chaff, 4s Mto 4s 2d ; fowls 1 wheat, 3i 3d to 3s 7d. Oats : Not many offering. We have sold prime Sutherlands at 2s 4d to 2s Gd, and can place more at same price. Bright short foed, 2s 3d to 2-3 4d ; medium and off-colour, 2s to 2s Id. Barley : Feed sorts are quoted 2S2 S 3d to £s 6d'; milling, 3s to 3s 3d ; malting, from 4s to 4s 6d. ilvecorn, 3s to 3* 3d. Flour : We quote £11. Oatmoal in 25's, £13. Pearl barley, £16 Brau, £4103. Pollard. M 10=. Nelson hops are quoted at MHd to Is. Chaff : Owing to large supplies coming forward prices are quite 10s per ton lower than last week. v Good colour and well-cut oaten sheaf, £1 ; medium, £3 10s to £3 15i. Rvcgraas : The only demand in for small, shotty seed. Farmers' dressed, 2s to 2s lOd ; machined, 3s 3d to 4s. Cocksfoot, 3d to 4id for farmers,' lots, and 4£d to 5-Ad for machined. Pressed straw, 27s 6\l to 30s. Clov«r hay, £3 5s to £3 10s Nitrate of soda, £15. Kainit, £5. Basic slag, £5. Clover;:, rape, <fee, just landing. We can offer all classes of seeds pure and fresh. Potatoes. Kidneys wanted for seed purposes, £i to £4 10s. Dements: North, £3 to £3 6s; south, £•& 15s to £3. Rabbitskins. — We offered a large catalogue on j Monday, and cleared the lot attatisfactory prices. Competition was very brisk, and prices showed a slight advance. We quote : Prime winters, lljd I to 12d ; second winters, lOd to lid ; autumns. I 7d to Hid ; summers, 4Jd to 6d ; small, Id to 3d per lb. i Sheepskius. — We held our usual weekly sals j on Tuesday, and offered a large catalogue. Prices ruled firm at late Quotations, which are: For butchers green cro-sbreds, 2s 6i lo 3s 6d, extra to 4s; dry urossbretls, 2s 5d to 53 6d ; dry meriuoo, 2d 3d to 3s (id ; medium do, Is 6d to 2s ; pelts, 4d to Is 9d. Hides, lid to 3Jd, according to weight and condition. Tallow : Rough fat, 9a 6d to lls ; rendered, 12s to 15*. Horsehair, 1b to Is 3d. We are now prepared to make advances on wool. We have much pleasure in iGviting all farmers or others intei listed to inspect our heed-cleaning plant in full working order during the coming show week. HUTIT AND PRODUCE REPORT Butter : Good salt— Dairy-made, SJd ; extra prime. 9d ; good, 7d ; milled, 7d to 7Jd per lb. We have buyera tor all good quality at quotations. Cheese': Good Akaroa, 4d to 4id ; factory, 42d. Pigs, 3Jd to 3.rd for good quality ; wanted". Poultry receive. l for sale any days but Saturdays Roosters (young), 2i 6d to 2s 9d ; hens, 2s 3d to 2s 6d ; ducks (young), 3s to 3s 65. Beeswax Is 3d, according to quality. Fruit.— We receive consignments of all kinds of fruit and garden produce, which we sell either by auction or privately, as we think beat in the interests of consignors. Tahiti oranges, 6s per case. We supply rabbit and sheep netting, and give sptcUl quotations by the mile. We also supply oil cake.

" A. LORIE AND CO.'S PRICES CURRENT. June 16. A very big catalogue of poultry at last week's sale, nearly all of which we quitted at following quotations. Unfortunately large consignments leached us after the sale was concluded, so we shall huve to hold these until next week. Hens ■and old cocks brought 2s 3d to 2s 9d ; young cocks (very small) 2s 3d, medium '2s 6d, well grown 3s. Ducks: Poor birds 33 fid, well-grown 4s fid. Geese, 5s 3d. Turkey hens. 4Jd per lb ; cocks, 7d. Busine?s generally is very brisk, our hands being fully employed in all departments. Next week we look forward to a record time, as the Town is sure to be crowded with country visitors. When they come th°y will find tint we have made ample preparations to welcome them. We have been buying up stocks all round, and the value we shall offer will make competition impossible. During show week— from June 21 to 30 inclusive— we offer two cash prizes of £10 each to be competed for by our customers, each of whom will thus have a chance of winning £20 cash. Tea, as usual, will be ready at all hours, and for those customers who cannot get back to their hotels conveniently whilst shopping we shall provide lunch on the premises. On Monday, June 28, we give " The Record Grand Entertainment " at the Agricultural Hall. To this we cordially invite all our country friends, who, however, must apply tous for tickets at once, ub the available number is already over-applied for; but we are holding back all strangers' applications until we know how many our customers want. Wo can promise them a treat.

FRUIT AND PRODUCE REPORT. Messrs Thomas Paterson and Co., fruit and produce agents, Manse street, report June 16 :—: — Fruit. — Market fairly supplied ; choice fruit has ready sale at full rates Oranges : Tahiti, 6s6cl to Ss. Lemon& : Auckland, 13s , Sydney, 13s 6d. Tomatoes : Hothouse-grown, 4d to 4Ad. Grapes (short supply), Is to Is 6d. Apples :" Imported s.p.rn., 12s; f.c, 10s 6d (local); dessert, 2Jd to 3d ; cooking, 2d to 2£d Pears : Local. 24d to 4d ; imported, 14a to 15s. Eauanas : Best Queensland, 2d to 2Jd. Peanuts, walnuts, Brazil nuts, dates, figs, <fee, in stock. • Produce. — Kggrf, scarce. Fresh butter, 7d to 9d ; piime salt, 6.Yd to 9d (wanted). Bacon : Roll, (id. Hams. 7d to Bd. Cheese; Old

factory, 3d to 4d ; prime, 4}d to 4Jd. Pigs, 3^d (wanted). Poultry, in fair demand ; we receive any day for sale. Onions : Locally-grown, £8 to £9. Honey, 4d. Potatoes : Derwents— Northern £3 5s to £3 103 ; southern £2 15s to £3 ; seed kidneys (wanted), £4 to £5. We receive consignments of grain, fruit, farm and dairy produce of all descriptions. Highest prices realised. Can supply "Montank" remedy for scaly and woolly blight, Jtc. — strongly recommended.

MARKET REPORT. Messrs Edwaiui Thomas and Co., Bond street, Dunedin, wool, sheepskin, rabbitskin, hair, and nide merchants, report a3 follows for the week ending June 15 : — Rabbitskins.— Prices ahowed a sr%ht advance, and with brisk competition all lots brought good values. Suckers and runners. Id to 2Jd ; light racks, 2^d to 3Jd ; racks. 4d to 6d ; autumns, 6d to 8d ; incomings, 8d to lOd ; and winters up to lljd for a few prime lots. Sheepskins.— In fair demand, and prices firm. Hair. — Good straight tail horsehair, 15d per lb ; medium and dirty, 14d to 14Jd. Hides.— Coming in pretty freely, and quitted at prices ranging up to 3}d for prime heavy ox.

SKIN MARKET REPORT. Messrs J. H. Kirk and Co., Bond street, report for the week ending June 16 :—: — No change to report. We are absorbing everything brought in to us at the foUpwing prices :—: — Wintei-s to Is, autumns B}d, summers ~6d. We have hundreds of bales still to supply our customers, and can take every skin available in Otago and Southland throughout the season. Hides (unchanged), 3Jd per lb for prime ox, or up to 20s each hide for picked heavies. Horsehair, 15d for best quality.

RABBITSKIN MARKET. Messrs Remshatidt and Co. (near railway station) report as follows :—: — The brisk demand evinced lately coutinue=s unabated, and there \s this week a decided improve- -\ ment in all the better sorts of nkins, but more especially in picked well got-up winter greys and blacks the latter of which, if containing a good proportion of silver greys, realise 12d to l3d. We guarautse the very top prices for all sorts, free of agents' charges. We are also cash buyers of sheepskins, hide 3, wool, and hair at highest current prices, net cash. For the convenience of clients who may come to town for the Jubilefc festivities and bring their goods with them for sale, we shall attend at our store on Monday and Wednesday next.

RABBITSKINS. Thk Farmers' Agency Company (Limited) reWort a brisk demand for all offered on Monday. Best winters, lid to 11-] d ; early do, 9d to lOJd ; summers. s^d to BJj ; suckers, 2d to 3Jd. We cleared all forward at quotations. All consignments sent to us are reclassed carefully before offdrincr, and each parcel is shown aud valued before the sala. j

PERPETUAL TRUSTEES, ESTATE, AND AGENCY COMPANY. The directors, in. submitting their thirteenth an Dual report and balance sheet, state that the profit and loss account shows a net profit for tho year of £1475 17s 2d, which, added to £-2518 lls lid brought forward from previous year, give.; an available balance of £3994 9s Id. Out of this an interim dividend at the rate of 12J per cent, per annum was paid for the half-year ended 31st October, 1896, which absorbed £507 17s 4d ; and the directors recommend the payment of a dividend at the same rate for the half-year now rlosed, and carrying forward the balance, £2978 14s sd, to uexc year. The Hon. W. H. Reynolds, j M.L.C., and Mr Walter Hislop are the retiring j directors, and both offer ihemselve3 for reelection. j

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,{ 1897