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Commercial.

A. Todd, on behalf of the Nl\t Zealand Loan and Mercantile Agency Co., Limited, report for weekending May 15, as follows:— Store Cattle — The business done in these at the moment in not very extensive, at the same time there are buyers for all offering. Store Sheep— There is lo alteration to note in the tone of the market. A moderately fair demand exists, and prices lately ruling are being fully maintained. Wool — The sales in London seem to be progressing steadily, and the the change, if any, slightly more in favour of sellers. Press Association telegrams to hand at the beginning of the week report that on tbe 10th instant buyers ware the chiet operators, and that prices were irregular, though on the following day bidding was spirited, and prices very firm. Medium greasy have recovered Jd per lb on the opening decline. Foreign houses, especially Prussian, are making heavy purchases. There is no business of any consequence being done in the local market beyond the usual odds and ends being catalogued on skin sale day. Sheepskins — Tbe market for these remains comparatively steady. The usual demand is experienced, and ell brought under the hammer are as a rule well competed for, more especially medium to fullwoolled skins, but short woolled and inferior, bare pelts, are almost neglected. Country dry crossbreds, inferior to medium, Is 5J to 2s 3d ; do do merino, Is 3d to Is 7d ; medium to good crossbred?, 2a 2i to 3s ; heavy, 3d 31 to 3a 9d ; extra do, 4s 3d to 4s 10J ; good to best merinos, Is 9d to 2s 9d ; heavy, 3s to 3(j 10d ; dry pdts, Id to 1b Id ; green crossbred pelts, Is 9d to 2s 3d ; extra heavy, 2s 4 i to 2s 7d ; green lambskins, Is 6 i to 2s 4d each. Babbinkins— A very good demand is experienced for these, all Bor'.s are being freely competed for at auction, late saved skinß bave the preference and gradually improving in price, this week's offering topping last week's by { i to £ 1 per lb. On Monday we submitted a moderate catalogue, and all the buyers bang present bidding was spirited every lot was disposed of at full prices, best autumn greys fetchiog 91 to 9| 1 ; medium do do, 6£d to B}d ; best auiumn black and fawn up to 11^.1 ; summer, 3£i to s£d suckers aud inferior, Id to 3d per lb. Hides — There is no change in the market since our last report, all brought forward are readily placed at late rates which are for inferior and light, Id to l^d ; light to medium, l£d to lfd ; heavy, 50 to 60 lbs, 2d to 2£d ; over 60 lbs, in perfect condition, 2\l to 3J per lb. Tallow and Fat — Market steady at late quotations which are for best rendered mutton, 17s 9d to 18a 6d ; medium to good, Ha 6J to 16s 6d ; inferior to medium, 10s to 13s ; best caul mutton fat, lla 6d to 12s ; medium to good, 10s 6d to lls ; inferior to medium, 9a to 10a pet cwt (ex store). Wheat — The market at Home seems to fluctuate Bomewhat. Cablegrams to hand during the past week are njt quite so favourable quotations of the previous week not being maiutained. The local market continues very firm but most of the buyers being now pretty fully supplied for a time no further advance of much consequence is likely to be secured at anyrate. Quotations for prime milling velvet and Tuscan, 2s 9^d to 2s 10£ i ; extra do find fir for seed, 2a lid to 38 Id ; good to best ditto, 2s 9d to 2s {)\\ ; good to beat red wheat, 2s 91 to 2s 9£d ; medium and best fowls' wHeat,2u B^l to 2a 9d ; infeiior to medium, 2j 5J to 2^ 8d (ex store, sacks weighed in, terms),

Oats — Quotations for prime milling, Is 3£d to la4i ; belt brght stout Bhort feed, U 2d to Is 2£l ; extra prime, la 3d; medium to good, Is Id to Is l£d (ex store, sacks extra, net. Barley— Quotations for prime malting, 2s 6d to 2a 9d ; extra do, c shade more ; medium, nominally 2s to 29 3d ; feed and milling, Is 61 to Is 9d (ex store, sacks extra, net). Grass Seods— Best dressed ryegrasi, 3s 9d to 4a medium do, 3s 3d to 3s 6d (ex store, sacks extra, net). Cocksfoot : Best dressed offering at 4d to 4sd ; medium, 2Ji to 3JI per lb (net). Potatoes— Best Derwents, 30a to 355 ; medium, 22s 6d to 27s 6d per ton (ex store, sacks weighed id, net). Chaff — Considering the quantity coming forward the market has not fluctuated much since our last report. A very good demand is experienced and prices unchanged, say, for best, 40a to 42a 6d ; extra prime, well cut and heavy, 45a ; medium, 30s to 37s 6d per ton (ex truck, sacks extra or returned, net). Dairy Produce — There is little or no change to note in the position of the market, and only a retail business passing. Prime salt butter, dairy made, fetching 6£d to 7d ; medium, slow lale, at 3d to 4d ; North Island, factory made, 7£d to Bsd ; local factory, lOd to lid. Factory.tnade cheese, medium size, nominally, 4sd to 4jd ; loaf shape, 4|d to 5d ; dairy made, 2Jd to 3£d per lb. FUx — The market is void of any animation, no businesß of any consequences beiner done Quotations nominal, nay, for medium to good, Ll3 10s to Ll4 109 ; inferior to medium, L 8 to LlO 10a per ton (ex store).

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZT18950517.2.19

Bibliographic details

New Zealand Tablet, Volume XXII, Issue 3, 17 May 1895, Page 13

Word Count
931

Commercial. New Zealand Tablet, Volume XXII, Issue 3, 17 May 1895, Page 13

Commercial. New Zealand Tablet, Volume XXII, Issue 3, 17 May 1895, Page 13