Commercial.

New Zealand Tablet, Volume XIII, Issue 14, 24 July 1885, Page 17

Commercial.

Mb. Donald Stbonach (on behalf of the New Zealand Loan and Mercmtile Agency Company, Limited), reports for the week ending July 22, as follows : — Store Cattle. — During the week we placed 220 head mixed cattle at a satisfactory price. Store Sheep. — We hare no transactions to report. Wool. — Per s.s. Ruapehu we are in receipt of our London circular, which reports as follows :— " As stated in our last issue, the fresh arrivals for the third series of sales, which commenced yesterday, reached the limits of 350,000 bales on 11th ult., and at four o'clock on that day the list was closed from which some 36,000 bales have been forwarded to the manufacturing districts direct. About ■ 40,000 bales held over from the preceding sales are still on hand, so that the quantity to be dealt with during the current series aggre« gates say 356,000 bales. The catalogue of yesterday embraced 9,723 bales, of which it is computed that about 1,300 were bought in, There was a good attendance of Home and foreign buyers, the competition of the former being most conspicuous especially in the case of coarse cross-bred descriptions, which commanded an appreciation on April rates of fully £d per lb. Fox good sound shafty merino wools there was a fair demand at previous currency ; but medium, faulty, and poorly-grown parcels ruled distinctly in buyers' favour. The tendency of fashion having meanwhile ' set ' in the direction of the more extended, consumption of coarse- wooded materials, the existing demand for fine wool will probably continue more circumscribed, save in the case of those descriptions possessed of undoubted combing properties, which, by reason of the drought by which many parts of the Australian colonies were recently visited, must for a time be necessarily in comparatively short supply. The genial summer weather now being experienced ought to stimulate trade in the manufacturing districts and prevent any decline in opening rates, even although the full weight of the domestic and other clips of kindred growths from other centres of production has not yet been felt by Home and foreign consumers of such descriptions. Arrivals to date for the fourth series of sales amount to 79,204 bales."

Sheepskins.— We offered a good catalogue on Monday, which elicted fair competition from the usual attendance of buyers, and last week's rates were maintained. Dry cross-breds, low to medium, brought lOd to 2s 6d ; do do merino, Is to 2s 7d ; dry pelts, 2d to 8d ; green cross-breds, 3s 4d, 33 sd, 3s 6d. 3a Bd, 3s 9d ; do merino, 2s 6d, 2s 9d, 28 lOd, 3s.

Rabbitskins. — "We offered and sold a medium catalogue of inferior, mixed, and medium, none heing very good, as follows :— 1 bag at 2M ; 3 do, 4£do ; i do, sd ; ldo, 7|d ; 1 bale at lOid ; and 2 bags at I2jd. Hides. — All consignments coming forward commanded good attention, and quotations unaltered. Tallow. — The market continues quiet but steady at late quotations, viz, inferior and mixed, 16s to 18s ; medium, 19s to 21s ; good to prime, 22s to 235 ; rough fat, 11s to 11s per cwt. wr* Grain. — Wheat : The position of the market is much the same asjlast week. Prime milling is only in limited request at from 3s to 3s lid; medium milling commands no attention except at prices which sellers are not prepared to accept, while interior and the lower grades are in good demand at prices ranging from 2s to 2s 6d (ex store). — Oats : There has been a jfair amount of inquiry for these during the week, and a few lines have been disposed of ; but. as a good many growers are not disposed to accept low rates, and buyers not being prepared to advance, business is somewhat restricted. We quote prime milling at Is 9d ; short bright feed, Is 8d to 18£ d ; medium and Bparrowbilte, Is 7d to Is 7£d ; inferior, Is 3d to Is 6d. — Barley : There is no demand of any consequence, and quotations remain same as last week.