COMMERCIAL.

Tuapeka Times, Volume XXIV, Issue 1869, 6 February 1892, Page 4

COMMERCIAL.

DUN 1 "! IN MARKETS-STOCK. Sec. BUBNSIDB -WbDNESDAT Fat Cattle. — Only a medium supply came forward for the week's requirement!*, 180 being y aided, consisting chiefly of medium to good beef, and a few pens of prime. Bidding throughout was spirited, and a slight advance on last week's prices was noticeable. Best bullocks brought £8 2s 6d to £9 33 ; medium to goodj £6 10s to £8 ; light and inferior, £5 to £6 5s ; and cows in proportion. Stronach Bros, and Morriß yarded and sold : For Mr D. Davidson (Saddle Hill), bullocks at £6 and £5 ss ; and for Mr 6. H. Carter, heifers at £4 7s 6d, £3 15a, and £3. Donald Reid and Co yarded 32, and sold : For Messrs R. Craigie and Sons (Riverbank), 4 bollocks at £7 10a to £3 17a 6d ; for Mr A. Lee Smith (Lakehohn), 8 heifers at £6 to £4 12a 6d ; for Mr R. Driver (Purakanui), 2 cows at £6; for a client (Owake), 7 bullocks at £5 7s 6d ; for Mr James Reid ( Berkeley) 4 calves at 16' ; for W. C. Palmer (Otakia), 7 calves at 203 to 10a. Fat Sheep.— 223s were penned, 200 of these being merino 1 * and the balance crossbreds. The sales opened well, and last week's prices were fully maintained throughout. Best crossbred wethers sol<i at 12a 6d to 14s ; ordinary, 11s 6d to 128 3d ; best crossbred ewes, lls 9d to 12a 6d ; ordinary, 9s 3d to lls 6d ; and merinos up to 12s 6d. — Donald Reid and Co. yarded 554, and sold for Mr A. Lee Smith (Lakeholm^.B crossbred wethers and ewes at 12a ; for Mr J. B. Blair (Ahbotsford farm), 97 crossbred ewes at 12a 3d to 9s ; for Mr It. Milner (North Taieri), 20 crossbred wethers and ewes at lls 6(3 ; for Mr Walter Blackie (Glasgow farm), 72 merino wethers at lls 3d, 17 crossbred ewes at ]0a 3d ; for Mr John Allan (Tanrimi), 11 crossbred wethers and ewes at 10a 3d ; for Messrs A. and A. Sonness (Otakia, 72 crossbred wethers at 12a to 10s sd, 26 crossbred ewes at 9s ; for Mr P, Sutherland (Otakia), 11 crossbred wethers aud ewes at 10a 6d ; for Mr A. Sutherland (Otakia ) t 30 crossbred ewes at 9a; for Mr James Forbes (The River), 122 merino wethers at 12a 9d to 123 6d ; for a client (Owake), 12 crossbred ewes at 9s 6d ; for H. T. Blair (Brighton), 26 crossbred wethers and ewes at lls. Fat Lambs.— 94B were penned, all good quality, but nothing extra prime. Competition was keen, and prices for the quality forward were just about equal to chose of last wees. Best brought 10s to lls^d; others, 8s to 9a 6d.-The New Zealand Loan and Mercantile Agency Co. sold for Mr Robert Sutherland (Waitahuna) 36 at up to lls 6d. Pigs. — Only 81 were penned to-day, and these were mostly slips. Suckers were not wanted, but other sorts sold fairly well. Suckers brought 7s -to 12a; slips, 13s to 15s 6d; porkers, 19s 6d to 253; baconers, 33s to 40s. Store Cattle. — Some business still continues to be done in these, but hardly to the same extent as that done during the ! past two or three months. Store Sheep. — A considerable number of these change hands from week to week, but prices demanded by sellers are to some extent limiting the number that wculd, under more favourable rates, be disposed of. The difference between the price of fat cross-bred wethers and that asked for Btores is hardly sufficient to induce buyers to operate freely. Wool.— The third series of local auctions was held on Thursday and Friday last, when about 8,000 bales were offered, and 6,924 sold. The N.Z.L.M.A. Co. report : Our highest price for merino was 9|d, fine but heavy in greas6 ; medium to good, 7d to 8d ; earthy, inferior, aud short, 53 to 6|d<; long wool, 6d to B|d ; pieces, 3|d to 7jd per lb. There was very good competition, and previous sale's rates were fully maintained for choice quality, but for faulty and inferior parcels the demand was not so active and prices were somewhat easier. Merino suffered the most, doubtless in sympathy with the weaker tone of the market at Home. Sheepskins. — Tuesday's auctions were well attended, nearly all the buyers being present, and competed well for all the lots brought forward, particularly good green cross-bred pelts and green lambskins. Dry skins also harf a fair share of the demand ex-sting, and for which prices were secured equal to those lately obtaining. Rabbitskina. — There are no sales of any consequence now being effected of these, but the few offering are readily placed, there being buyers at all times in the market ready to purchase all coming to hand. Hides. — There is no improvement to note in the tone of the market ; prices continue on a par with those ruling lately. Tallow. — There is no change to report n the position of the market ; the demand continu steady, without any alteration in prices. DTJNEDIN GKAItf MARKETS, &c. The New Zealand Loan and Mercantile Agency Company (Limited) report for the week ended February 3, as follows: — Wheat, — The market continues some' what flat, particularly aa far as the demand for milling of any sort is concerned. Odd lots are occasionally being disposed of for leed purposes, bur. millers are not anxious to do any business even at a drop of 6d to 9d per bushel on prices ruling a few weeks ago. Most of our mills are^ now closed, but immediately a fresh start is made no " doubt a reaction will set in. Quotations nominal, say for best milling 4a 3d to 4s 6d ; medium to good, 4s to 4a 3d ; inferior • o medium, 2s 6d to 3a 9d (ex atore, sacks weighed in, terms). Oats. — The market for these is also quiet. The tone at. the moment is not at all satisfactory. Quotations : For best milling, Is7d to Is 7£d ; best bright feed, Is 6£d to Is 7d ; medium/ls s|d to Is 6d ;. inferior, Is 2d to Is 4£d (ex store, sacks extra, net; fd per bushel more f.o.b. Dunedin). Barely. — No business of any consequence passing. Quotations: For best malting, nominal, say 2s 103 to 3s ;.medium^b good' 2s 6d to 2s 8d ; feed and milling, 2s 3d to 29 6d (ex store, sacks extra,, terms). "Grass Seeds.— The tendency of Ihe market for ryegrasa seed is evidently downwards, and prices are likely to rule much lower than those obtaining last season, and until growers come to realise this no business of any consequence will eventuate. The idea prevailing afc present is that prices will range from 2s to 3s 6d for farmer* 1 parcels ; machine dressed, however, will have the preference, and undoubtedly will sell at higher prices relatively. There is nothing being done in cocksfoot seed ; quotations nominal. - Potatoes. — The market; continues over supplied, which makes it difficult to place them, even at the ridiculously low prices •now current. Prices at auction on Monday ranged from 22s 6d to 32s 6d per ton for kidney potatoes (sacks weighed in). Chaff.— The supply this week has been

on a moro extensive scale. Sales in consepuence are not so easily effected at last week's quotations. The demand, however, is fairly good at a slight reduction. At auction on Monday best brought 623 6d to 67s 6d per ton. Dairy Produce. — There is no change to note in the market since we last reported, which still continues inactive. Butter, in Pond's boxes, dairy-made, slow of sale at 6d to 7d ; factory-made, lOd to lid per lb. Flax. — Iv sympathy with the fluctuating tone of the market at Home, buyers in the local market are less disposed to purchase at late quotations. Consignments in con sequence are difficult to place, except at a reduction on prices lately current, though this week we placed all to hand at about equal to those previously obtaining.