Commercial.
The New Zealand Loan and Mercantile Agency Co., Limited, report for week ending September 2 as Ho'lows :— Store Cattle — No change to report in the tone of the market, which continues somewhat inactive, very small business being done. Store Sheep — No transactions of any consequence passing in these. The market from now till after shearing will be comparatively quiet. Less satisfactory prices are now obtained for the very few offering. Sheepskins — A good supply came forward. The large attendance of buyers competed with the usual spirit, and priced realised were more even and slightly higher than for some time past. Country dry crossbreds, inferior to medium, brought 2s 3d to 4s 3d ; do do merino, Is lid to 3s lid ; full-woolled crossbreds, 4s lOd to 7s 91 ; do do merino, 4s 3d to 6s 6d ; dry pelts, 3d to Is lOd ; butchers' green crossbreds, extra large pelted, 6s 8d to 7s Id ; best do halfbreda and fine crossbreds, 6s to 6s 6d ; coarse-woolled and small, 4s 6d to 5s 2d ; green merinos, 2s 9d to 4s 9d. Babbitskins. — An excellent demand continues to be experienced for these, all sorts being keenly competed for, but while buyers are anxious to secure all coming forward, they don't seem to be quite so willing to bid np to the prices obtaining during the past two or three weeks. We quote— best greys, Is s£d to Is 6£d ; medium to good, Is 2£d to Is 4£d ; autumn skins, 91 to Is Id ; summer do, 5d to 8d ; suckers and half -grown, 3d to 4£d ; black and fawn, best, Is to Is 2d ; medium, 6d to lOd per lb. Hides. — A fair local demand exists at late prices, but notwithstanding that values are exceedingly low, shippers decline to operate. We quote — 601 b hides, 2jd to 3d ; 651 b and upwards, id to Id more ; medium weights, 2d to 2Jd ; light do, l£d to If d ; inferior, Id to l£d per lb. Tallow. — There is no alteration to note in the position of the market. A good demand exists for both rendered and rough fat. We qnote — For medium to good rendered tallow, 16s to 18s ; extra good a shade more ; inferior and mixed, 12s to 15s ; rough fat (best), 128 9d to 13s 6d ; inferior to medium and good, 9s to 12s 6d per cwt. Grain. — Wheat : The demand is confined to the primest milling and inferior for fowls' food ; medium sorts have no attention. Quotations for prime northern velvet and Tuscan, 4s 8d to 4s lOd ; medium to good, 4s 3d to 4s 6d ; inferior, 3s 9d to 4s 2d ; broken, 2s 9d to 3s 8d (ex store, sacks weighed in, terms). Oats :— Tbe tone of the market if anything is in favour of sellers, but any extra demand existing is fur really well-grown short bright oats. We qnote — Prime milling, Is6£d to Is 7d ; best bright short feed, Is 6d to Is 6£d ; medium, Is 4d to Is s£d ; inferior, Is to Is 3£d ; small lots, suitable for seed, Is 8d to Is lOd (ex store, sacks extra, net). Barley : The business done in this cereal is only to a limited extent, small parcels fit for feed and milling are occasionally placad, but very few sales made for malting. Quotations for best malting, 2s 9d to 3s ; medium, 23 5d to 2s 8d ; feed and milling, 2a to 2s 4d (ex|store, sacks extra). Grass Seed — A moderately fair business is being done in Ryegrass seed, which is expected to increase a little further on. We quote — For best local grown, machine dressed, 5s 6d to 5s 9d ; farmers' dressed (very little of which is now offering), best, 3s 9d to 4s 6d • medium, 2s 6d to 3s 6d ; Pacey's imported, 5s 3d to 5s 6d ; Poverty Bay, 6s 6d to 6s 9d per bushel. Cocksfoot has a little inquiry — quotations for best dressed, s£d to 6d ; medium, 3d to 5d per lb. Potatoes — The market shows no improvement, prices ruling at auction this week were from 20s to 30s per ton, sacks weighed in. Chaff— The supply keeps pretty well up to requirements and no change in values of any consequence. Best is sold at 45s to 47s 6d ; medium to good, 40s to 42s 6d ; inferior, 25s to 35s per ton. Dairy Produce — There is no change to note in the market, and being no demand for export, prices, in consequence, show no improvement; late quotations apply for both butter and chese. Flax — The quantity coming to hand is limited. Meantime, however, the few bales tbat do come to market are readily placed, at, for good to prime, £17 to £18 ; medium, £14 10s to £16 10s ; inferior, £12 10s to £14 per ton. Messrs. Donald Stbonach and Sons report for week ending August 26 :— Fat Cattle. — The demand was brisk all through the sale, and prices showed an improvement on last week's values of 20s to 30s a head. Fat Sheep: — At no time during the sale was the demand very brisk, and prices showed little or no improvement on last week's Pigs. — The demand was exceedingly slack aud prices all through ruled in favour of buyers. Store Sheep. — There is already some inquiry for young sheep, those who have an early pasture being evidently alive to the fact that they can buy cheaper now than when the pinch for lack of feed has passed. Hides.— Market unchanged. For 601 b hides 2|d to 3d, 651 b and upwards £d to Id more ; medium weights, 2d to 2|d ; inferior, Id to I*l per lb. Tallow. — As manufacturers are not dependent upon supplies from the country, the scarcity has no effect on values. k Wool. — No transactions of much importance transpiring in the 9 local market. Sheepskins — These as usual command good attention, all sorts being in request. Competition was spirited for all classes, the finer woolled skins again having tbe most attention. Rabbitskins — The supply, although on the increase, seems to be still a long way short of requirements. The demand is very good, and the auction sales well attended. Competition continues very keen up to certain values.
Grain— Wheat : The market continues very quiet. Millers have sufficient stock on hand for immediate requirements. Potatoes— Lines arriving for immediate sale can only be quitted at very unsatisfactory prices. Chaff— There is an excellent enquiry, and a large supply could at present be placed, and would meet with a quick clearance. Flax— A moderately fair demand continues to exist, and is being placed at equal to quotations lately reported . Messbs Donald Reid & Co. report for week ending September 2 as follows : — Sheepskins. — We offered a moderate catalogue at our sale on Toesday, priceß realised being quite up to those ruling last week. Green crossbreds sold at 4s 3d to 6s 8d ; do merinos, 3s 8d to 4s 5d ; drj crossbreds, 5s 3d to 5s lOd ; do merinos, Is 7d to 5s 7d ; do pelts and lambs, 6d to 3s Id. Rabbi tskins. — Considerable quantities continue to come forward, but the demand is more than equal to the supply, and a much larger quantity would be required to supply the orders of buyers. Prime winters sold at 17Jd to 18^d ; medium, 16d to 17d ; inferior, 14Jd to to 15jtd ; coloured, 12d to 13fd ; brokeo, B±d to U}d. Hides.— There is no alteration in values to report. The market is, if anything, a little weaker. During the week we cleared all forward, and quote— prime heavies (ox), 2|d to 3d ; medium, 2£d to 2£d ; light and inferior, l|d to 2d ; slippy, bulls', and cut, ljd to l*d. Tallow— Only a very small supply coming forward. For all descriptions there is a ready sale at late quotations. Wheat— Since last reporting there has been increased inquiry for this cereal ; buc so far no great amount of actual business has resulted. We quote— Milling, prime to extra prime, 4s 7d to 4s lOd ; do, medium, 4? 5d to 4s 6d ; do, inferior, 4s to 4s 4d ; fowl wheat, 3s 7d to 3s lid ; seed, all descriptions, 4s lid to ss. Oats— There is a brisk inquiry, and priceß are decidedly firmer. The quotations given are from prices realised at our auction sale on Monday last. Prime milling, Is 6§d to Is 7Jd ; bright feed, Is 6d to Is 6£d ; discoloured, Is 4d to Is S&d ; seed (all descriptions) Isßd to Is lOd, sacks extra. Barley — Nothing doing. Pototoes— There is no alteration for the better in the market since last reporting. Prices from 25s to 35s per ton ; sacks in. Chaff — The supply forward is quite inadqnate, and a much larger clearance could be made if stocks were available. Prime heavy oatsheal, £2 5s to £2 10s ; inferior, £2 to £2 2s 6d ; straw chaff, £1 5s to £1 12s 6d.
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Bibliographic details
New Zealand Tablet, Volume XIX, Issue 48, 4 September 1891, Page 13
Word Count
1,477Commercial. New Zealand Tablet, Volume XIX, Issue 48, 4 September 1891, Page 13
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