Commercial.

New Zealand Tablet, Volume XIX, Issue 15, 9 January 1891, Page 19

Commercial.

"•^lbe New Zkaland Loan and Mercantile Agency Co., Limi« ted, report for the week ended January sth a* follows :—: — Btore Cattle.— No change of any consequence has occurred since weltgt ieported. The market continues somewhat languid, and while a few odd lots are being placed graziers as a rale only operate to a very limited extent, owing, dc-üb-less, to the fact that, except on very rare occasions, the supply of fat cattle is in exc a s* of requirements, »nd in rith-r too many instance the 7 (graziers) find that the price obtained when fat compared with tbat paid as stores is Dot by any means satisfactory. Store 8 eep.— A few Mnes of thee are changing hands, bat so far tbe business is only to a moderate extent. Agwd deal of enquiry, however, is being male for nearly all airts, w.iich it is anticipated will result in a considerable number being disposed of within tbe next few weeks. Diring the pa9t week we placed about 8000, comprising fnll-mouthpd merino ewes, two-tooth half breds, mixed sexes ; »Uo foor •tooth to fall-moutb crossbred wethers and ewes at satisfactory prices. Wool. — Since our last there is no change of any moment to record. Supplies are coming into store daily for the sales to be held here on the Bth and 9th of this week, when some well-known choice clips of both merino and crossbred will be submitted, and there is every appearance of a full attendance of buyers being present. Sheepskins.— These continue in good demand at recent rates. We had the usual attendance of buyers at our weekly sale on Tuesday at the Chamber of Commerce Hall, when we offered a full catalogne, comprising a number of country dry skins, also a fair share of town and country butchers, b>th woolly green skins and bare pelts. Competition was fairly active, and all w,re disposed of at tbe following rates : — For country dry cro^sbreds, inferior to medium, la 5i to 3s 21; dodo merino, la 41 to 3j ; full-wolled crossbre Is, 3a 81 to 6s 6ci ; do do merino. 3s 51 to 5s 91 ; dry pelts, 31 to Is 2J ; green do, Is 7.1, Is 6i, Is 51, Is 41, Is 21, Is Id ; green lambskins, Is 9J 181 8 7d, Is 61, Is 5.1, Is 3d, Is 2J, Is Id. Rabbi skins.— l here is very little to be said about th cc now ; owing to the hmitei supply there is no business of any c< ntrquence being done. Consignments have fallen off almost to nothing, and those coming to hand are for the mo3t part inf.-iior sorts but still are Baleable although prices hs a rule are less satisfactory. On Tuesday we submitter! a small catalogue, all low Beasons kins, which brought from 4^l 'o 9^ 1 ; sucsers and h»lfi>rown, l£i t » 3d per lb. Hiiies. — There is no alteration to repoi t. Tbe local demand continues sufficiently active to absorb all the supply and tne prices paid, although cmsidered low, leave little or no room for exporters tjopeiate. Quotation", for good to best. 2jd to 2$ 1 ; extra heavy 3 i ; medium, 2d 'o 2^d ; light, H I to l^d ; inferior and slippy, Id to l}i per lb. Tallow. — Has a moderately fair demand for local consumption, but there is hardly any prime rendered i ffiring in this market, the bulk of the co signtneD's cowing forward being only odd lots of conn'ry rendered, mixed, and ofte-i inferior, but at the same time mirk-table at piices in sympi'hy with thooe current at Hume. Quo'ations fur pumn rendered mut'on, 19s to 20-? : mrdium to good, ltis to 18s; inferior and mixed, 12s 6 1 to 15s 61. Rough fdt s-lla readily, piics biing ful y isainui el, wbica are for b st mutton caul lo\ to Us ; n.feuor to rmdium and goo i, 10s to 12* y1 p r cwt. Giain — Wht at 1 here is a moderately fur .sernind f.r al, classes of wheat, but mo r P especially medium to good and pnme mi liug. Whi'e veUet.wbich seems to be low n< stock, and any lots of this clasj rffermg in milling condition, couid be placed at late current rates. Trie business done however is not expensive, the demand being confined to local millers exigencies, which are not very pressing ; still owing to 'he bmall supplits in first hands the market is fiim and hardly likely to become weaker before the new gr.un is to hand. We quote best Tuscan, 3s 9d to 3s lOd ; best white velvet, 33 Bdto3a lOd: medium to good, P>s 5J to 39 7d ; best ied wbe^t, 3s 5 1 to 3s 6d; medium, 3s 4d to 3s 5d ; broken inferior and musty, 2i Gi to 'Si 31 (ex store). Oats Locally there is no improvement in the position, and tbe chief business pa?smg is in the placing of the few small arrivals coming to hand from day to-day Old stocks are aim >st entirely outcf agents hands, but there is a considerable quantity otill lying in store which will have to be cleared out before prices are likely to further advance. Even now buyers are Dot quite sj keen to operate at the prices obtaining during the past two or three weeks, and only that ihere are so few offering now, it is questionable if late rates could be maintm ied, but whica we again jiife. For prime milling bright and stout, Is b\<\ to 1-. .">.} 1 : best bright short feed, Is oi to Is 5^ I : medium, Is 4^ 1 ; interior and musty, 19 to Is 31 ; good Danish, Is iltols4\ 1; ex store, sacks extra. Birl^y h>§ a good inquiry, but the supply la first hands beiig now almost all disposed of, the bnstness doiiH is only to a sen ill extent c>d 6 icd to the odd confi^nnvnts ocean >na!iy C'inng forward ; quotati >ns for prime mailing, 2s 21 to 2s 9i ; medium to gooi, 232 3 31 to 2s 5! : Lei and «Aii»".. & , io x~i >^/ -j ~x va^- » 1U "-;. Grass Seed. — Som.' small sales of both ryegrasa seed and cocksfoot have been effected during the week, owi ig to the m H6ture ot the weather, but tiie demand 18 not b. any m'aus brisk, and, accurlto recent rt ports consider :ble are, is are under rvegrasj in tn » Nortn Island, which will (ioubtie^s tc.d to limit the demand fjr southern growth, of which l<*rg.- jii Ids are expected. An idea is theretoie pr - vailing that it will be sotnew tut d.tSjult to matn'aia prices ruling during ha p-ist season. We quote— Bjst machm '-dressed ryt'gr<ist spf'^fcft 3 i to 4- 9J ; faimi-is r>est dresse i, 3s 10 3* 6 1 ; medium, 2s Ga TO 2s 9 1 (ex store.). Cocksfoot seed, s!o>v ot sale, at fium 1J to 4i'd per lb. Potatoes. — The market 19 over supplied, chiefly with inferior sorts, for which there is very little demand, being almost unfit for use, and in consequence difficult to place except at very low prices, while the few Jgood lots coming to hand are saleable at prices more

in accordance with reasonable values. We quote— lnferior, £3 10» to £4 10) ; best, £5 10s tj £6 10a per ton. Chaff.— Deliveries are only to a moderate extent and with a fair demand there is no difficulty in placiog consignments immediately on «»rrival at slightly mure satisfactory prices, say for best oaten well cut and heavy, 42s 6d to 45 a ; extra prime, 47s 6d ; light and inferior to medium, 30s to 40a per ton. Dairy Produce.— The market continues very sluggish for both cheese and butter, in respect to the latter especially, prime salted in Ponds Boxes, slaw sale at 6d to 7d, medium almost unsaleable Prime factory made cheese, medium size, m snipping condition, dull. at 4 1 »o 4-Jd per lb. FJax— The market is barely supplied more especially with bright and properly dressed parcels, for wh"ca we have bnye-sat late quotations, wbich continue firm. Medium to common and strawy parcels can aleo be plac d when in shipping condition. We quote for extra bright well diessed, £19 to £20 ss ; medium to good, £15 to £18 • coarse and strawy, £10 to £15 per ton.

Mkbsbs Donald Stronach and Co., Dunedin, report for week ending Monday, December 29, as follows :— Fat Cattle. — Owing to the New Year coming so close on the regular market day, the sale this week was again held on Monday, and, like last week, was again a very dull one. 189 head were yarded, wbich was c jneiderably in advance of requirements, most of the trade having supplied themselves. Bidding was dull. Best bullocks bronght from £7 12s 6d to £9 ; medium, £6 2s 6d to £6 12a 6d ; light, £3 10a to £4 15s ; cows, from £2 7s 6d io £6 ss. Fat Sheep.— l23B were penned, a few pens of which were in the wool, the balance shorn. The bidding was again dull, and last week's prices were not maintained. Best crossbred wethers brought from 12* 6j to 13s 61 ; medium, 9s 61 to 12a ; best crossbred ewes, 10a 6d to 13* ; medium, 8* to 10s ; crossbred wethers in the wool, 15a to 169. Fat Lambs. — 916 c me forward, principally good quality, for which there was fair compe'itioo — best realising from 9s to 10s 6J, medium, 7s to 9s,an< a f^w interior down toss6d. Pigs — Eigbty-9even of ail sorts penned, for wbich there was fair comDetiuon — suckers selling from 9* to 15«, poikers 23a to 29a, bacouers, 33* to 39* ; and extr . heavy up to 46*. 8 ore Cattle. — There are inquiries for well-grown steers and heifers, but little busiuess doing. Store 6> eep. — There is still g>od inquiry for young crossbreds, also ewes and lambs, and the late bern ficial r^io will no doubt harden prices as owners who have had thoughts of selling will now be able to hold on, aid largd numbers are wanted for the south, wnere the gnssis abundant. Sheepskins. — The usual sales were held on Tueslay, when only moderate catalogues were submitted. There was the usual attendance of buyers, wh^a all ih; lots were e'etred. D.y cro-soreda 8)ld from 2s to 5s 9 i ; do merinos, la 8 J to 5s ; pelts and lambskins, 6d to 2* ; gieen p-lts, lOi to Is 7d ; do lambskins, Is to Is 6i. Hides —Owing to the holidays there are few lots coming to hand. Prices remiic un->l'ered— v z , prime heavy weigats, iji to 3d per lb j medium, 2|d to 2JJ ; light, If i to 2d ; damaged aud cut, l|d to Hd. Grain — Wheat : A few lots of milling samples have chanced hands <. unng the week, but mferi >r lots are dull of sale, and difficult tg move. We quote • Prime milling wheat. 3* 6ito3s 9j ; medium, 3 i 3ito3s 41 ; towl wheat, 2, 6ito 3s 2J. Oats have been in brisk d- mand during the week, especially for bright, plump shipping samples, but very few are at present coming to hand. The farmers or-ing mostly busy wit i their mot cio ( >s cannot spare time to drive thjm, but, no douh', during the n^xt few we ks they wi 1 be coming forward freely. W> qu ,t. — Prime milling, 1,5 Ito Is s^l; feed, Is 3d to 1* 4d (sacks extra). Briey is in demml at, for malting, 2* 6d to 2a 8 i ; millinir, 2i t . 2s 3d ; feed, le 6d to Is 9 i. Potatoes. —Only moderate supplies have oeen coming forward. Quotation? are— For prime, £6 to £8 ; inferior, £4 to £3. Chaff. — The market is bare, and at present there is a good demand for all qualities. We quote— Prime milling, £2 2s 6d to £2 7s 6d ; medium. £2.