Commercial.

Western Star, Issue 1077, 30 October 1886, Page 2

Commercial.

TRIO KS CUK KENT W HOLES.U;H. Butter, fresh fid per lb Salt butter, (id Cheese provincial) (id per lb Bacon, (i I Hama provincial) 9d do Potatoes, £1 103 per ton Logs, 51 per dozen Oats, 2s Wheat, none Plour (Otago) .CIO 10s per ton Adelaide Hour, none Oatmeal, (town made) £l2 per tor Pollard, £5 Bran, £5 10a Oaten bay (now), Cliaif, dL'-i Straw, Onions, 12s per cwt ft n't Alt, Fresh butter, 8d iter ib Batter (potted),Bd Clieo.se (Provincial), 7d do Onions, 3d Hama (Provincial), lOd do Eggs, yd nor doze i Potatoes 5s (id per cwt Oafs, 2a 2d per bushel Bariev, none Flour, .Cl I lOs Bacon (Provincial), 0 I nor H. (.’hair, 5s our cwt. Bran, la 2d per bushel.

INVERCARGILL MARKETS

G. A. Birch, on behalf of the National Mortgage and Agency Company of New Zealand, Ltd., reports on the markets for the week ending, 29fch Oct., 1886, as follows:

Wheat. —Very little business has been done during the week, mainly on account of so few parcels offering. Thu market is now almost bare and we think there will bo the greatest difficulty in meeting the demand. We quote prime milling wheat at 4s 5d to 4s 7d ; medium at 4s 4d to 4s 6d—on trucks at country stations : fowls’ heat, scarce, 3s to 8s Gel—delivered in town.

Oats have still a weak market, ami there is now very little prospect of prices taking a turn.

Ryegrass. —Not much enquiry at present. Machine-dressed seed is quoted at 5s 9d to 6s; farmers’ parcels (best quality), 5s to 5s Gd. Cocksfoot.—-Enquiry fair at sd. Timothy is moving off rapidly at 4i|d to sd. Barley. — Malting, no enquiry; feed finds ready sale at 2s 4d to 2s 6d. Fat Sheep sold fairly well at yards on Tuesday at prices equal to late rates. Stores also had fair enquiry. Fat Cattle. —Sales wore above the average and most linos were sold at prices a shade better than late rates. Private Sale. —Wo sold privately during the week 90 bullocks at a very satisfactory figure. DUNEDIN MARKETS. Burnside, Oct. 27. Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited) reports for the week ended October 27 as follows :

Fat Cattle.—l3s were yarded at Burnside to-day for this week’s requirements; the gi outer portion were light and the quality medium, the balance (a few pens) wore excellently finished, although not extra heav3 r . These elicited keen competition, while the former scarcely realised last week’s rates. Best bullocks brought £9 5s to £lO 15s ; one or two pens to £l2; ordinary to good, £5 to £8 15s ; cows, from £4 to £B.

Pat Sheep.—2,B67 were penned. Of those 600 wore merino wethers, 1,667 cross-bx-ed do in the wool, and about GOO shorn cross--1 red owes. All those in the wool were good to prime, while the bulk of the shorn sheep were only medium quality. Owing to the large supplies forward last week and previously, to-days requirements were easily satisfied. Competition was dull - all through the sales, and prims for best quality again clown by Is Od to 2s, and oven then a good number were turned out unsold ; best crossbreds, in the wool, brought 12s to 13s; medium, lb's to 11s; cross-bred wethers, shorn, to Ss ;do ewes, do, 5s 6d to 6s; merino wethers, in fho wool, 7s 6d to 10s 9d. Lambs. —238 were penned. Competition for these was only moderatively active. Prices realised, however, were slightly in advance of last week’s, the range being from 6s 9:1 to 10s (id.

Pigs.—Only 53 penned. Baccmors realised about last week’s prices; slips wore in better demand, arid sold higher. Store Cattle.—There is an occasional inquiry for well-bred steers in forward condition, but transactions up to the present are unimportant.

Store Sheep.—Wo have no transactions to report, nor do w r o anticipate any business being done, of any consequence, before shearing. Wool. —Preparations for shearing are now being pushed forward, and it is probable, woithcr poimitting, that operations will be commenced earlier this season than usual. Already in the Oauvmi district a commencement has been made, and the new wool is now in port waiting shipment to London to catch the earlier sales. Lat st reports, however, regarding the state of the Homo market are not so encouraging. The tone of the market is said to lie weaker, the consumption good, but very little private energy. Locally, there is scarcely anything doing, with the exception of fellmongors’ oddments, some of which we sold on Monday under active competition at satisfactory prices.

Sh mpskins.—There was n fair attendance of the trade at onr sale on Mon lay, when we offered a large catalogue, comprising a variety of sorts, including a good number of butchers’ green skins. Competition was fairy active ; nevertheless, owing uo doubt to less favorable reports from the Homo market, prices wore a shade easier. Country dry crossbreds, low to medium, brought Is to 3s lOd; full-wool, Is to 5s Gtl; do do merino, low to medium, Sd to 3s •kl; full-wool, 3s Shi to 5s Id; dry pelts, 2d to 7d; green do, 5d ; butchers’ green crossbreds, 5s 2d to Gs; do do merino, is Gd to 5s 7d; lamb skins, 8d to 9d. Eabbitskius. Owing to adverse reports from the Homo market tho demand here has fallen off considerably, and prices have a downward tendency. On Tuesday we offered a medium catalogue; all the buyers in tho trade were present, but bidding was not so spirited as at previous sales. Prices ranged from 3d to .13-1 d per lb. Hides. —We have no improvement lo report, in the (one of tho mark t; local tinners are almost the only buyers, shippers showing v-n little d is posh ion to « p-r.de e>en at present low prices. The demand, li nvevcr, is fai' ly active for heal requirements, Lite quotations conti -uing sicudv, which we give us follows : For iufirior and nils’, lid to 2d ; light 2,1 cl to 2MI; in* diuni, 2’,'d to 3d ; heavy, 3.)d lo 31d per lb. Tallow. —There is a little more activity displayed in the cletniv.d, and prices slightly more in favor of sellers, brought ab- iu. no doubt owing lo I lie closing of I he refrigeraing works for a time, also belter prices offering at Home fo pure motion tallow. We quote inferior and mix 'd, 11s to Us ; medium, 15s to I7s ; prime mutton, IS* to ;9s; rough fat (inferior) 6s to 7s; mo hum, 8s to 10s; best mut'on 11b to 12s par cwt. Wheat The market continues quint, as millers seem unde-irons to in cream- >

their stocks at anything over present quotations, and holders appear disinclined to make any concession, and few if any parcels of milling wheat have changed hands since our last. At the same time any suitable parcels offering are easily placed at late rates. Tuscan or velvet aro not so much in request as red or purple straw for mixing. We quote best milling velvet and Tuscan at 4s lOd to 5s ; best red wheat, 4s lOd to ss; medium to good, 4a 4d to 4s 8d ; inferior and fowls’ wheat, 3s 3d to 4s 3d (ex store, bags weighed in). Oats. —We have again to report an exceedingly dull market. Beyond small transactions to meet local requirements, nothing of importance has transpired, and we can consequently make no alterations in quoted j rices, tt would require considerable concessions on the part of holders to push business. We quote prime milling, 2s to 2s Id ; best bright feed, Is lid to 2s ; medium, Is 9d to Is lid ; long Tartarian, lit for seed, 2s 3d to 2s 5d (ex store, bags inh Barley.—The demand for malting is weak, and very little business passing. During the week we sold over 2500 bushels at current rates. Requirements for this season aro now limited to very small proportions. Feed and milling are in fair demand, but these descriptions are out of the market. We quote prime malting, 3s to 3s 2d ; medium, 2s 9d to 2s lid; feed and milling, 2s 5d to 2s 8d (bag weighed in). Ryegrass Seed.—Wo have no improvement to note in the demand or value, but still a steady business is being done, chiefly in machine-dressed lots, while farmer’s undressed is slow of sale. We quote undressed medium, 3s 3d to 4s 3d; good to prime, 4s 4d to 4 s 9d; machine-dressed, os 3d to 5s 6d, 5s 9d to 6s; imported, 5s 6d (bags extra). —Cocksfoot seed is slow of sale and no improvement in value, which ranges from 4 jel to 5d per lb.

Horse Market.—Messrs Wright, Stephenson, and Go. report as follows:—For last week’s sale a fair number of horses came forward, including a few useful draughts from Port Chalmers, and a draft of unbroken light harness horses from Lake Obau station. For both lots there was a good demand, and all found purchasers at quotations. The supply of good young horses of both descriptions, continues quite unequal to the demand. Wo quote first-class draughts at from £33 to £27 : medium, £l4 to £2O: light draught and spring cart horses, £l3 to £l6'• first-class hacks and light harness horses, £ls to £2l; medium, £3 to £11: inferior, £3 to £5. Meuhouknb, Oct. 37. The local manager of the National Mortgage and Agency Company of New Zealand (Limited) reports ; —Shipping wheat is difficult of sale, even at a slight reduction. It is quoted at os Id to 5s 2d pry bushel. Bari y, which shows no signs of improvement, is worth 3s 9d to Is 3d. Oats, feed sorts, 3s to 3s 3d, prices being barely maintained ; do, milling sorts, 3s 3d to 3s sd, market quieter and weaker. New Zealand oats, under bond, are slow of sale at 2s 4d to 2s 6d. Messrs Goldsborough and Co. held their usual weekly sale this afternoon to a large attendance of Homo and foreign buyers. Owing to telegrams of an unsatisfactory nature haring been received from manufacturing centres in England and the Continent, competition was less spirited and prices were barely maintained. Greasy wool generally is from Ad to ijd lower, and scoured from «|d to Id lower than at the commencement of the present season. Inferior to good greasy w mis averaged from 5Ad to IOAd pur lb; inferior to average scoured, from lOd to Is Gd. Pour thousand bales were offered, and 2500 sold.