Commercial.

New Zealand Tablet, Volume VII, Issue 372, 4 June 1880, Page 15

Commercial.

Me. Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Co., Limited), reports for the week ending 2nd June, as follows :—: — Fat Cattle were in full supply at Burnside le-day, when 207 head were yarded, chiefly of medium quality ; some only good stores, and but few prime. For the latter, there was a fair demand at about last week's rates. Bullocks fetched £6 10s to £11 10s, and cows, £5 7s 6d to £9 per head. We disposed of thirteen head on account of Mr. John Duncan, of Cherry Farm, at from £8 to £11 ss ; twentyseven head on account of Mr. W. J. M. Larnach, and ten head on account of Mr. William Shand, at from £5 17s 6d to £l fl . Quotations for prime beef 22s 6d, and for medium 20s per lOOlbs. Fat Calves. — Twenty-six yarded, and sold at from 20s to 35s per bead. Fat Sheep were in short supply. Only 1342 bead were penned, consisting of 844 cross-bred, and 498 merino, which met an active demand at a rise of Is Sd to 2s per head en last weed's prices. Crossbreds realised 9s to 14s 3d, and merino 7s 9d to 8s per head. We disposed of drafts on account of Messrs. J. J. MAuley and P. Schaw, at 9s to 11s 6d per head. We quote prime mutton 2£d per lb. Wool. — Locally there was little doing. Our London office telegraphs as follows, under date 25th May :—": — " Market unchanged. The Hcme trade arc purchasing freely, but Continental demand is limited. Competition on French account is sluggish. The American demand has fallen off. Up to date 260,000 bales have been sold. The sales will close on Bth June." Press Telegrams report a firmer tone in the market. Sheepskins. — At our auction on Monday, we cleared a fair catalogue, with good competition, at satisfactory prices. Butcher's crossbred skins realised from 3s 2d to 3s 8d ; meiinos, up to 2s 4d ; station skins, up to 4s for cross-bred, and 4s 5d for merino ; skins in bales, 6£d per lb. Hides continue in good request at 20s for butchers' green hides, and 3^d per lb. for wet salted. Tallow. — The inquiry shows a slight improvement, and we quote 28s per cwt. for well rendered tallow, and 16s to 17s for rough fat. Grain. — Wheat : Transactions in prime milling have been very limited in extent, and last week's prices are scarcely maintained. Some sales of medium have been made for milling purposes at from 3s 3d up to 3s Bd. For fowl feed there is little demand. We quote prime milling, 3s lOd ; medium, 3s 4d to 3s 8d ; fowl feed, 2s 6d to 2s 9d. Oats remain nominally at Is 3d to Is 4d, but we bave no business to report. We believe that some parcels have been disposed of by farmers direct to consumers, at as low as Is 3d for good feed. Barley : Quatations are nominally, 3s to 3s 3d per bushel for prime malting, and 2s 6d for milling, but the market is at a standstill.