COMMERCIAL.

New Zealand Tablet, Volume I, Issue 43, 21 February 1874, Page 5

COMMERCIAL.

Messrs Dbiveb, Stewabt and Co. report as follows for the week ending February 18th :—: — Fat Cattle. — There was a very full supply at the weekly sale to-day — in all about 180 head — most of which, however, were taken by the trade at prices considerably under late sales, as the number was in excess of requirements. Considerably we cannot expect late prices next week unless a limited number is yarded. Bullocks brought from £5 to £9 ss ; cows, from £4 2s 6d to £6 10s. We sold 70 head on account of Messrs A. M'Laren, Wm. Gordon, Alex. Ironside, and others, at above quotations ; and have, during the week, sold 130 head privately. Fat Sheep. — About 500 of all sorts were penned. Cross-breds brought from 9s 9d to 12s ; old ewes, 5s 9d ; merino wethers, 7s 6d. We sold 200 at the yards, and have placed privately 500 half-breds and merinos at 2id for cross-breds, and 2d for merino wethers. Fat Lambs. — Very few were penned to-day, and sold at 8s <o 9s. We have sold 100 at former prices. Store Cattle.— At our Mosgiel sale on the 17th, we disposed of about 100 head of store cattle at from £3 to £4 15s, and have placed privately 60 head at £5 10s. The latter, however, are large quiet bullocks, in fine thriving condition. Mixed herds at this time of year are only saleable at low rates. Store Sheep. — We are still able to report numerous enquiries for almost every description of sheep, and we have during the week placed 6000 of various sorts at our quotations. Young merino ewes and cross-breds are most sought after, with but few offering. We quote cross-bred wethers, 2-tooth, 8s to 9s ; ditto, 4-tooth and upwards, 9s to 10s. Cross-bred lambs, 7s 6d to Bs. Merino wethers, 2, 4, and 6-tooth, 6s 6d to 7s ; full mouthed, 6s to Sa ; young meriao ewes, 6a 6d to 75.; Real Property.— We have sold on account of William Black, Esq., his Milbourne Estate, near Tokomairiro, consisting of about 3000 acres, at £2 10a per acre, the purchaser being Mr Dougald MEwing, of Moeraki. Wool. — Owing to the departure of the English mail steamer today, our sale this week was held on Monday. There was a full attendance of buyers, and although the advices by the inward European mail, received that morning, were calculated to depress the market, we are able to report that prices were sustained to within a fraction of the rates ruling at the earlier sales, as shewa by priced catalogue annexed. We catalogued 793 bales, of which 292 bales were sold, several lots were withdrawn for want of instructions, and the remainder passed in. The catalogues of the London November - December sales to hand by the mail, above referred to, show a much greater decline in prices then the cablegrams previously received had led us to expect, more especially in the case of inferior descriptions of greasy and scoured wools. Sheepskins, Hides, and Tallow. — We have not held a sale this week, but purpose offering a quantity on Friday first. Grain. — We note a slightly improved demand for wheat, good samples of which are saleable at 4s 9d. Oats are in request, and any parcels offering are readily taken at 3s Id to 4s for old oats, feed and milling qualities respectively.