COMMERCIAL.

Tuapeka Times, Volume XXIV, Issue 1904, 11 June 1892, Page 4

COMMERCIAL.

DUNBDIN MARKETS-STOCK &o. BxnMraiDß— Wednesday

Fat Cattle. — 231 head were yarded, comprising all qualities. Values were considerably easier. Best bullocks brought up to L 9 ; others, L 5 to L7 los ; heifers, up to L 7 10s ; others, L 3 2s 6d to Lo.— The Mutual Agency Co. yarded 24 head, and Bold : For Mr Ballingall (Clams), 2 heifers at L6 lsa ; for Mr James. Wylie (Outram), 2 bullocks at L 7 17s 6d, 2 at L 6 17- 6d, 2 cows at L 4 17s 6d ; for Mr J. Daplyn, 1 cow at L 4; 12 head being offered on account of Messrs Kirkland, Harrisot., aempster, and others, some of which were passed. Fat Sheep. — A small entry of 1127 came forward, of these 110 were merino, the balance chiefly crossbred wethers of good to prime quality. In consequence of the short supply lately obtaining the sales opened well and continued throughout the day ; values ruling showing a decided advance on late quotations. One or two small pens of extra good quality wethers goiug as high as 21s to 22s 3d, while prime wethers sold ap to 18s 3d, medium 16s to 17s, inferior 14s 6d to 15s.— The Farmer's Agency Co. penned 404 and sold : For Mr James Logan (Greenvaie), 58 threequarter Romney wethers at 16s 9d to 18s ; for Mr Thomas Joyce (Hampden), 68 crossbred ewes and wethers at 13s 9d to 16s 3d; for Mr J. E. Palmer (Mount Stuart), 60 crossbred wethers at 153 ; for Mr John Blair (Abbotaford), 40 crossbred wethers at 16s 9d ; for Messrs A. Brown and Co. (Wairuna), 43 crossbred wethers at 15s to 16s, 19 merinos at 7s 3d ; for Mr A. Douglas (Hopehill), 116 crowbred ewes at 13s to 15s 3d.

Fat Lambs. — The Farmers' Agency Co. sold a draft for Mr A. Douglas (Hope* hill), at Us 9d to 13s 3d.

Pigs. — 154 were penned, representing all qualities, prices obtained being about on a par with those of last week : Suckers, 53 6d to 10a ; slips 13a 6d to 15s 6d ; stores, 18s to 20s ; porkers, 22a 6d to 26s 6d ; baconers, 30s to 48s, and a few extra np to 695.

Store Cattle. — We have no change to report in the position of the market for these, which at the moment, is somewhat flat.

Store Sheep. — A good demand still exists for good cross-bred wethers, also for strong healthy cross-bred lambs, which would realise full prices, and although other sorts do not command the same attention, all offering do not fail to meet with buyers at fair rates.

Wool.— On Monday the N.Z.L.MA. Go. submitted a moderate catalogue, mostly oddments, whicH met with very good competition at the hands of the local buyers. All the lots offered, with the exception of two or three which were loaded with too high reserves, were sold at prices almost in every instance up to our values.

Sheepokiao. — A very good demand was experienced at Tuesday's sales, bat possibly owing to the uncertainty of the futureof the wool market at Home, buyers, although competing briskly, were not disposed to advance on last week's prices. Rabbi tskins. — These are in good demand, and the few consignments com* ing forward are a long way short of requirements. Lately saved skins in good condition, free from fat and thoroughly dry, are in keen demand, and in ever}' instance realise very full prices consider* ing the quality of the fur. All sortß, indeed, have good attention, and sell freely at up to iast week's quotations. Hides. —The market for these continues very steady. Tallow.— This market is without any material change.

DUNEDIN GRAIN MABKETS, &o. The New Zealand Loan and Mercantile Agency Company (Limited) report for the week ended June 8, as follows •— Wheat.— Stocks of this cereal are now assuming considerable dimension, while the demand continues on a very l ; mited scale, and nothing is transpiring locally which is likely to cause any improvement. We quote prime milling velvet and Tub* can, 3s 6d to 3s 9d ; extra prime, a shade more ; good to best, 3s 3d to 3s 5d ; medium to good, 3s to 3s 3d ; inferior to good whole fowl's wheat, 2s Qd to 2s 9d ; broken, 2s to 2s 4d (ex store, sacks weighed in, terms). Oats continue to have very good attention. All the small lots arriving are. being readily placed at last week's rates, which are firmly maintained. Quotations for best milling, Is 8d to Is B£d ; but bright feed, Is 7d£d to Is 8d ; medium to good, Is ssd to Is 7d. Barley.— The demand for this still continues, and any exceptional prime malting samples call forth the prices of 1888 — viz., 4s 3d ; but these now being scarce the trade h*ve to content themselves with what

is going, and medium sells at 3s 3d ty 3i 6d ; feed and milling, 2a 6d to 3s.

Chaff. — Market is barely supplied, and, prices quoted last week are still available — viz. 553 for prime, and 45a to 503 for, ordinary well cut quality.

Potatoes. — Thtae show no change, an,d not likely to either, as every inarkef if glutted with them. Present prices "ate abort 35s for prime Derwent, and infer^os boilers 10s less. Seeds. —This being the off season thm is nothing whatever of any inagnityd*e. transpiring, still we scld a parcel of rjze^ grass the other day at a satisfactory price* and have inquiries for more, if clean sh^ty seed. Cocksfoot : A few inquiries on the, tapis, and business in this will soon start Clovers : Nothing doing in these yet, btlt anothar month may Bee si>mo stir.

GRAIN, SEED AND WOOL REPORT. Messrs William: E. Reynolds and Co. Stafford street, Dunedin, report for week ending June 8 as follows —

Wheat. — The market for this cereal still lacks animation, though of curse a few lines of really prime conditioned grain meet with a sale, but at no advance on previous quotations. Medium and low class qualities are neglected, and command nothing in comparison to the better giade and in the north the difficulty is what they are going to do with it. Stocks in stores are heavier than we have ever seen them, and this season will be marked by the absence of supplies being drawn by millers from the north. Oar markets at Home and on the Continent are still aa dull as ditohwater, and show not the slightest indication of any change. Tbe latest advices from Melbourne give us the gladsome intelligence that their market advanced a bit, and bad it not been for their prohibitive duty we could have readily poured in a few cargoes at a handsome profit. We quote : — Prime milling Tuscan, np to 3s 9d ; velvet, 3a 8d ; medium, 3s to 3a 4d ; inferior and fowl feed, 2* to 2s Bd.

Oats.— lt may now be fairly said that these are on the "spring" notwithstanding that our intercolonial markets have not shown us tbe way, but a little patience in shipments hence will make them feel that the season of 1892 is not going to be that of 1890. During the week a decided improvement set in, and oats that a fortnight ago only brought la 7d are now worth Is 9d ; in fact, for a really prime large straight line a shade more conld be got, while for a clean bright sample of long Tar'arians2s is obtainable ; but they are scarce. In our next report we will treat fully on the statistics published and the quantities arriving at our stations and south. We quote: — Extra prime milling, Is 9i ; bright heavy feed and ordinary milling, Is 8d to Is B£d ; ordinary feed, lft 7d to la 7^d j inferior to good, Is 5i to Is 6d.