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Commercial.

The New Zbaland Loan and Mercantile Agency Co., Limited, report for week ending June, 24 as follows : — Fat Cattle.— Bes^ bullocks brought £7 10a to £8 17s 6d ; extra prime to £10 ; medium to good, £5 7s 6d to £7 5s ; light-weights and inferior, £3 5s to £4 59 ; best cows, £5 17s 6d to £7. Fat Sheep. — We quote,— Best enssbred we' hers, 16s 6d to 18s 9d ; ordinary, 14s to 16s ; medium, 139 6i to 14a 6d ; small, 12s to 12s 9d ; merino wethers, 6s 3d to 10s 6d. Pigs, — There were only 70 of the penned, very few of which were baconers. For other sorts there was no improvement. Suckers brought 15s to 16s ; porkers, 20s to 22* ; baconers, 36s 6d to 455. Store Oattle. — The business transacted in these in the meantime is only to a very moderate extent. Half and three parts fat wellbr«d bullocks suitable for finishing off without much delay are about the only lots in any demand. Store Sheep. — The market for these is now much quieter, only a very few offering. There are buyers still in the market for good crossbreds at prices comparing favourably with those ruling earlier. Mixed and aged lots also find buyers at prices satisfactory to the vendors. During the week we placed 500 fat crossbred wethers and ewes at 17s. Wool. — This week we are in receipt of our London circular, dated May 16th, which says that no feature of importance has occurred since close of the auctions. Firm rates weie secured. In the local market a few smah lots are still disposed of. On Monday we catalogued 105 bales ahd 20 bags, of which we placed 58 bales and all the bags. All the local buyers were in attendance and competed very spiritedly up to certain limits, which, however, were rather below the rates lately ruling. Sheepskins. — These have a very shady demand; and that with (food competition at the hands of the trade. Country dry crosßbreds inferior to medium, brought 2a to 3s lOi ; do do merino, Is lOd to 3s 9d ; full-woolled crossbreds, 4s lOd to 6s 9d ; do do merino, 4s 6d to 6s 3d ; dry pelts, 4d to Is Bd. Butchers green crossbreds, beat, 5s 6d, 58 3d, 5s Id, ss, 4s lOi, 4« Bd, 4s 6d ; good to medium, 4s sd, 4s 4d, 48 21, 3s lid, 3s 9d, 3s 7d, 3a sd. Rabbit skins.— An active demand is experienced for these, and although the supply is slightly increasing, it is still a long way abort of requirements. On Monday we offered a moderate catalogue, when beßt greys made Is 4d to Is 4sd medium to good, 12Jd to Is 3|d ; summer and autumn's 6d to ll^d ; suckers and half-grown, 4d to 5d per lb. Hides. — The market is steady, but no change to note in prices, which are as follows, for 60 lbs hides, 2.] dto 3d ; 65 lbs and upwards. $d to Id more ; medium weightß, 2d to 2£d ; light do, lid to lfd ; inferior, Id to 1£ per lb. Tallow. — During the past week the inquiry has been f lirly good, and late rate rates fully maintained, viz., for medium to good IGa to 18 6d ; inferior and mixed, 123 to 15s. Uough fat, best, 13s to 13s 6d ; inferior to medium and good, 9s to 15s 9d per cwt. Grain — Wheat — The maiket continues firm, especially for really good milling sons, at prices which exhibit no material alteration as compared with late quotations, while for the bulk of the southern wheat coming into the market there is no demand, except for feed purposes. Best milling velvet pnd Tuscan, 4q 7d to 4s 91 ; medium to good, 4s 3d to 4s 6d ; inferior to medium, 3a 31 to 4s (ex store, sacks in, terms.) — Oat: Moderately fair demand, but buyers are not inclined to give prices previously ruling. Consignments continue to come forward pretty steady. Stout bright milling, Is 6d to Is 6^i ; best bright feed, Is 5d to la 5.H ; medium to goad. Is 3£d to Is 4£d ; inferior and damp, la to Is ££d ; black oats. Is 4d to Is 4^d ; long Tartars, clean and well grown, Is 6d to Is 7d (ex btore, sacks extra, net cash.) — Barley — The demand for this is exceedingly flat. The supply is apparently in excess of requirements. Prime bright malting, 2s 9d to 3s ; medium, nominal, 23 3d to 2s 6d ; feed and milling Is 8d to 2s 2d (ex store, sacks extra, terms). Grass Seed. — Ryegrasa seed market quiet, best dressed perrenial, 5s 6d to 5s 9d ; medium, 5a to 53 3d ; farmers best dressed, 3s 9J to 4s 3d ; medium, 2a 6d to 3s 61 ex store ; cocksfoot best dresseJ, 5d to 6jjd ; medium, 3^d to 4.yd per lb. Potatoes.— Stocks heavy and no export demand, causing the market to continue fUt quotations nominal. Chaff. — Consignments continue on a limited scale, the market in consequence is steady quotations for best, las to 47s 6d ; medium, 40s to 42s 6d ; inferior, 30a to 37s 6d per ton. Dairy Produce.— Only a email business being done and no change ' in values, good salt butter is worth, 6^ i to 7£d ; extra prime a shade more. Cheese factory made medium size, 4£i to 4^d ; loat 5d to 5 \ i ; dairy made, 3£d to 4{d per lb. Flax.— A very fair demand exists for well dressed bright coloured flax, badly dressed and discoloured b as less attention, quotations for good to prime, £17 to £1 8 ; extra fine a shade more, medium, £14 10j to £16 10s ; inferior, £12 10s to £14 per ton. Messrs. Donald Stronach and Sons report as follows for week ending June 17 : — Fat Cattle — The supply this week consisted of 231 head, and it included some drafts of very prime heavy-weight bullocks, The demand for good quality cattle was fairly brisk and at prices quite on a level with those ruling a week ago. Medium and inferior quality w-re very dull of sale. Fat Sheep — Ihe market was well supplied with 3416 sheep, including 400 merinos. Values all through were quite as high as last week, and in the case of prime freezing wethers a shade higher. Piga — The market was glutted, do less than 400 being penned. Stores were almost unsaleable, whilst to effect sales of fat pigs a reduction in values bad to be submitted.

Wool— Compared with last week, values show a decline of from f d to £d per lb for Leicesters, strong crossbreds, and merinos. Sheepskins. — Large catalogues were offered on Tuesday, and disposed of under brisk competition. The demand was excellent for all descriptions of fine crossbreds, halfbreds, and good pelted crossbreds, though a little easier for strong woolled crofsbreds, and Leicesters. Dry skins, crossbreds, low to medium, Is 10 i to 3s 9d ; do do, full- woolled, 5a to 7a Id ; do do, pelts, 7d to Is 8d ; do do, lambs, Is to 2s lOd. RabbitskiDS.— Though the attendance was satisfactory, prices, more especially for summers and autumns, which hare of late been bringing over London values, were a shade easier than last week. Hides. — A fair demand is experienced for all classes of hides, but the prices offered are far from satisfactory. Heavy, clean, and well-flayed hides are in short supply. Tallow. — All country lots arriving meet with a ready sale at- - mutton, 18s 6d to 20* ; medium to good, 16s 6d to 17s 6d ; inferior, to mixed, 12§ to 15s ; and for rough tat, best clean caul, 13s to 13s 6d ; inferior to medium and good, 9a to 12a 6d per cwt. Grain. — Wheat : The only sa'es passing are to millers who wish to keep their stocks to the present level, and even then the prices offered are not quite so high as those ruling a week or two ago. Holders, however, in the view of a bare market and the very small quantity arriving, are not inclined to accept any redaction on current quotations. Oats : The demand has seldom been slacker than it is at present. Milling oats are scarce, and as there are one or two orders for shipment to be filled at present, any really prime samples could be placed at top rates. Ryegrass : At present there is little doing, but it is expected that there will be a goad demand when the spring sowing demand sets in. Messrs. Donald Reid and Co., report for the week ending June 26, as follows : Wool.— Competition was keen, every lot being disposed of at satisfactory prices. Sheepskins. — We offered a large catalogue on Tuesday, the bulk of which consisted of heavy crossbreds and merinos in good shipping condition, and a few lots of butchers' green skins, with good competition all through the sale. Toe catalogue was speedily cleared, tha priceß realised being in nearly every case above our valuations. Green crossbreds fold at 3s 4d to 5s 3d ; do merinos, 2s 3d to 3s 5d ; dry crossbreds, 2s 5d to 6s Id ; do merinos. Is 8d to 5s 4d ; do pelts and lambs, 3d to 2s lOd ; skins in bales, 5Jd per lb. Hides, — There is a steady demand for all sorts, but no alteration in values to report. Local manufacturers, who are the only buyers, would prefer to have heavy hides even at enhanced prices, as the light class are not required, and difficult to place after being manufactured. Tallow. — Good demand and readily disposed of to local manufactures, who are the principal purchasers. Prime, 18s to 19a; medium, 15s to 16a ; rough fat, 10s to 13s per cwt. Wheat. — The tone of the market continues firm, but without animation. Milling, prime, 4s 6i to 4s 9d ; medium, 4a 3d to 4s 5d ; inferior and broken, 3s lOd to 4i 2d. Fowls' wheat, 33 5d to 33 9d. Oats. — The market is very dull. There is practically no inqairy and business in this cereal is almost at a standstill. Milling, Is 5d to Is 6d ; feed, Is 2d to Is 4£d (sacks extra). Barley. — A few lines have been cleared during the week at quotations. Malting, 2s 5 J to 3s ; milling, 2a 2d to 2s 4d (sacks extra). Potatoes — Supplies have quite ceased to arrive, and stocks are being steadily reduced at late quotations — £1 17s 6d to £2 per ton. Chaff— Moderate supply forward ; #ood demand; prices weaker. Prime heavy oatsheaf, £2 5s to £2 7s 6J ; light and mixed, £1 15s to £2.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZT18910626.2.14

Bibliographic details

New Zealand Tablet, Volume XIX, Issue 38, 26 June 1891, Page 13

Word Count
1,753

Commercial. New Zealand Tablet, Volume XIX, Issue 38, 26 June 1891, Page 13

Commercial. New Zealand Tablet, Volume XIX, Issue 38, 26 June 1891, Page 13