COMMERCIAL.

New Zealand Tablet, Volume III, Issue 124, 10 September 1875, Page 5

COMMERCIAL.

I Mr. Henry Driver, on behalf of the New Zealand Loan and 1 M>rcintile Agency Oompany, reports as follows for the week ending \ Septombpr 8 : — Fat Cattle. — About ]40 head were yarded at the weekly sale, I which, under ordinary circumstances, might be considered a moderate ! supply. Several of the principal buyers had supplied themselves by , private purchases during the week ; the demand was not so spirited as might have been anticipated, and fully one-half were withdrawn. Be&t bullocks realised from £11 to £18 each; medium ditto, from •£ 10 to £li ; best cows from £12 to £16 ; medium, from £8 to .£lO. We quote the price of prime quality beef at 45s per 1001 b ; medium, 355. "We yarded about 80 head, a portion of which had to be withdrawn, the balance tuken by trade at quotations. We have also placed 70 head privately. Fat Sheep. — An excessive supply of 3,000 again came forward, i nearly all of which were good quality cross-breds. The trade being for the most part fairly supplied, it was necessary to reduce prices ; ' consequently about 2,000 wera disposed of at prices equal to about 4d. per lb. lieat quality cross-brods brought 17s to lite 6d ; medium, from 11s to 10s. We sold 300 afc the yai'ds, and have placod 300 privately. Fat Calves. — None came forward. Store Cattle and Sheep. — Wo are still obliged to report very little business in either description, and do not anticipate any large I transactions until the appearance of Spring grass and after shear - ; ing begins. Grain. — There is a better demand for wheat this week, in anticipation of a rise in flour, good milling "bringing readily -Is Gd per ' bushel ; choice Northern is wanted, and would find buyers at 4s Bd. | Barley is unaltered; for malting kinds, os Gdto 6s ; inferior is rery heavy of sale, at 3s 9d to 4s 3d. Oats are dull this week, there • being no shipping demand ; we quote feed at 2s 7d to 2s 8d ; I , milling, 2s 10 1 ; to force sales, lower prices would have to be accepted. Wool. — We are without any further advices as to how the London wool sales progress. We are, however, in frequent receipt of in- • formation from the interior of the province of the fine healthy con- , dition of the flocks, owing to the unusually open winter bringing a constant spring of grass, promising a superior quality as well as a heavy- weighing fleece of wool, which will compensate any slight depreciation in value. Sheepskins.— We had a full attendance of buyers at our weekly sale on Friday last. Owing to the reported decline in price of wool ( at the London sales now now progressing, a corresponding reduction ' in prices had to be submitted to of -Id to 6d per skin for cross-breds, and 2d on merinos. We sold green cross-breds at 5s 4d to 6a each ; Leicester's, Gs Gd ; merinos, 4a 4d to 4s 7d ; dry cross-breda, 4s lid to 5s 4d ; merinos, 3s 2i to 'Is 2d. Hides continue very dull, our local tanners being still out of the , market. In course of the month we anticipate new erections will bo lin full work, and a better demand. We sold good medium bides afc 20s ; inferior, 13s to 16s Gd. ! Tallow. — We offered none last week. To-morrow we shall offer a few tons.