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COMMERCIAL.

Mr J. 0. Boeford, the Nelson agent f Vhe New Zealand Loan and Mercantile Agen< Company, reports for tbe w.<tk eudiug Sa'.u day, 25th May, 1895 :— Wool. Sinoe our last repent, advices fr im Hod are somewhat more assuring, though r appreciable improvement in values has to 1 recorded. Home cables, b?ari»g date, 21 met, state that at the pa'ea now proceeding good Boleoticn of wool ia offering, tint loi tinental buyers ate optrat.ng fie \y, in prices remain very firm It v general! anticipated that tbe fourih ecries, fixed fi Second July next, will open at ratea in favc Of sellers. Locally there is little or to bus ness to report except the customary s a'io oddmentß, forwarded at this Beason of ih year, fot whioh f,ir times values are ot tftined. Sheepskins. Tbe best priaas obtaining for prime factor, Orossbreda are 3s 5d to 3s 8d and 2s 3d to 3 for medium. We quo'e prime Ml-woollr 4Jd to 4Jd per lb ; medium 3Jd to 4d pec b inferior, Sd to 3d per lb ; pelts, 3d to is 1 eaoh. aooordiag to quality. Hides. Owing to a etrong rise in London, th looal and Australian market* have been ver; animated. We quote op to 3.Jd p r lb, wi 1 a hardening tendenoy. Tallow. There is a fair demand for good mutton a Dp to £17 103, aad £1G 10 i to £17 per tot for medium. London quotations for fiie mut ton being 24s Gi per ow', a d fcr good beef 82s per owt. Frozen Meat 1 Tbe last cable advicj from our Lond. r manßger reports mutton market weak, wi i!( that for lamb is fitm-r, Quotations -Cant-r bury 27 8d per lb ; Wellington 21 83 per lb lamb, prime Now Zealand, per caroase, <. 3-8 d per lb, Flax. We have nothing new to report ia thit Oonneotion. The maikct still reman s lifelesc quotations nominal, and business passing almost nil. N Gbain* Wheat— Advices from Home under date 24th inst, state that owiDg to tho b.d reporte of the American crop, a sudden boom hae ooourred in Australian wLeat, wh oh roße from Is to Is 6d per quarter in a fe* hours. Southern reports indicate a marked improvement in the price of this cerea 1 , consequent, no doubt, upon tbe reported shortage for milling purposes. Fowls' wb<at is in short supply, and continues to realiee priors almost equal to t O3e obtaining for milling. Quotations: — For p iuie Tuscan, 3s 3d to 3s 6d; Hunter's and pearl, 33 to 3j l£d f.o.b. South, saoka extra. Oats. While quotations are without marked change, there iB a firmer tons ia Southern markets, with an upward tendency. Prime Btout feed are moving off at Is 9d to Is lOd ; medium, Is 6£d to Is 81 ex storj, saoks extra. Grass Seed. The autumn demand is prso ically over. There i 3, however, a slight eu~ quiry for machine dieted rye grtigg seed at from 3a 9d to 4s 31 : medium, 3s 31t03a Od ex store, sacks extra. ' Cocksfoot — Market quiet. Best dressed ia offering at 4H lo 4£d ; mediam, 2£d to 3Jd per lb., ex stoic, eaoks extra.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TC18950530.2.15

Bibliographic details

Colonist, Volume XXXVIII, Issue 8261, 30 May 1895, Page 3

Word Count
533

COMMERCIAL. Colonist, Volume XXXVIII, Issue 8261, 30 May 1895, Page 3

COMMERCIAL. Colonist, Volume XXXVIII, Issue 8261, 30 May 1895, Page 3