Commejrcial

New Zealand Tablet, Volume XXIV, Issue 40, 29 January 1897, Page 13

Commejrcial

The New Zealand Loan and Mercantile Agency Company Limited, report for the week ended January 2C>, as follows: — Wheat. — Market quiet but prices firm, say, for prime milling velvet. 4& *Jd to 4s lOd ; prime Tuscan. 4s 5d to Is 7d ; medium to best red wheat, 4s M to 4s t>d : interior, IMid l-> to 7d (ex store, sacks weighed in. terms). Oats. — Buyers only operate on receipt of orders, the demand in consequence is iittul and prices unsteady. Quotations for prime feed and milling, Is 11 id to 2s ; medium to {food feed, Is lOjd to Is lid ; inferior, Is 7d to Is 9d (ex store, sacks extra, net). Barley. — Is moving off quietly but without any improvement in value. Quotations for prime malting, ;5s to 8s 3d ; medium, 2s 4d to 2s 8d ; interior, 2s to 2s 3d (ex store, sacks extra, net). Grass Seeds — There is a slight movement in ryegrass seed but prices offered are in buyers' favour. Quotations for best machine dressed, 2s 9d to 3s ; extra prime, 3s 3d ; farmers' dressed best, 2s 3d to 2s 6d ; medium, Is 3d to 2s (ex store, sacks extra, net). Cocksfoot has small inquiry. Quotations nominal, say for best dressed, 5i to s id ; medium, 4£d to 5d per lb (ex store, sacks extra).

Chaff — The market continues well supplied, prices in consequence remain much about the same, say for prime, L 2 lOd to L 2 12s 6d ; medium, L 2 2s lid to L 2 7d (id (ex truck, sacks returned, net). Potatoes — Prime quality are scarce and prices firm, but medium are in over supply and difficult to place. Quotations — For best, L 7 10s to LS 10s ; medium, L 4 10s to Lo 10s ; inferior. Lli to L 4 5s per ton (ex store, sacks weighed in, net). Sheepskins — Owing to so much wool offering skins are less keenly competed for. Best dry crossbreds fetch 4d to 4 Jd ; medium, 3d to 3sd ; dry merinos, 2d to 4d per lb. Green pelts, lOd to Is 3d ; green lambskins, 9d to Is 4d each. Rabbitskins are in fair demand at late prices. Say for medium, 7d to !)d ; inferior, 4d to o\d ; suckers, Id to 2.Jd per lb. Hides — Market unchanged. Best fetch 2 id to 3d ; extra heavy, :s[d to 3d : light, l£d to 2d ; inferior. Id to l£d per lb. Tallow and Fat — -Market steady. Country rendered fetches 10s 6d to 15s : butchers' best mutton caul fat, lls to lls (id ; medium, i)s 6d to 10s 6d ; inferior, 8s Bd to 'Js per cwt (ex store, net).

Messrs Samuel Orr and Co.. Stafford street, report for the week ending January 20. as follows :—: — Weather during the past week has been in a measure tropical, but no rain. What we had a week ago did a vast amount of good to both crops and cereals. Oats — When we reported last week we quoted these at Id a bushel advance all round, and since then these quotations have held good ; but still we are not prepared to say how long they will continue. Demand still good, and quotations are — Prime milling 1 , 2s Id ; best bright feed, Is lid to 2s ; ordinary, Is lOd. Wheat — On the spot there is but little doing in it. Prices at Home and on the Continent are firm, while the Australian markets are well maintained. Barley — A few odd lots are changing hands at recent quotations. Chaff — A fair demand, and a good quality commands attention at up to L 2 15s ; medium quality, L 2 2s 6d to L 2 7s (id. Potatoes — Market got bare again, and consequently an advance took place. They cannot be landed from the north now under LlO 10s ; on the spot th y are worth up to L 7. Seeds — Ryegrass : A very good business has been passing in old stocks, though at a great reduction on last year's prices ; and of course the outlook some little time ago was so bad that no wonder growers got sick of holding it. Now, however, it is different, as the North Island (we mean l'overty Bay and Hawkes Bay) is very much short of last year and of its requirements, while Canterbury also is short. Maniototo Plains have almost nothing, and to the south of us we are confident there is nothing like the acreage of former years, and certainly, though the quality will be superior, the quantity is not there. Taking all these factors into consideration, we see no reason whatever to doubt that prices for the coming season will be as good as they were las: year, if not better. We cannot overlook the fact either that the North Island trade will require a fair quantity yet, and also that the prices in G-isborne and Hawkes Bay rule from (3d to i)d a bushel higher than last season.

Messrs Donald Reid and Co. report as follows :—: — Oats. — The demand is somewhat quieter, and buyers have experienced little difficulty in fulfiling their orders at late quotations. We quote: Prime milling, Is lljd to 2s ; good to best feed, Is lid to Is 11 \ ; medium Is !)d to Is K>d per bushel (sacks extra). Wheat. — No change to report. We offered only fowl wheat, which sold at 2s 4d to 4s 2d per bushel (sacks in). Barley. — There is little inquiry for malting at this season, but other sorts are in more favour. We quote : Prime malting, 3s to 3s (id ; medium, 2s Cd to 2s lOd ; feed and milling, 2s to 2s (id per bushel (sacks extra). Potatoes. — The market has been poorly supplied, and values have advanced slightly. To-day we sold good kidneys at £7 12s 6d, and medium at £4 2s (Jd per ton (sacks in). Chaff. — A fair supply forward to-day. We submitted about 40 tons, which met with fair competition, and were cleared at £2 10s to £2 12s Gd per ton (bags extra).

Messrs. Stronacu Bnos. and Morris report for week ending 20th inst as follows : — Fat Cattle — 1,"57 yarded. Sales opened at prices equal to last week but declined as sales progressed. Best bullocks brought L 7 to L 7 17 «d; others, L.~> I. ls to L(i ].">s ; best heifers, L 5 to L(i : others, L 3 l()s to L 4 15s. We sold for Messrs W. Faulds (Green Island), W. Davis (Leith Valley) and George Fisher (Outram) bullocks, cows and heifers at quotations. Fat Sheep — 112.) penned. Prices showing no rise from last week. Best crossbred wethers brought '.Is to l()s ; do. ewes, Ss to 8s (id ; others, 5s (id to "s <kl. We sold a draught of half bred ewes for Messrs Murray. Roberts and Co. (Cottesbrook estate), at 7s (id. Lambs — 70!) penned. Best 7s (id to Ss !)d ; others, ,">sto 7s M. Pigs — (>7 penned all selling well under keen competition. Wool — London cables report decline of five per cent at last sales. Next Dunedin sales 2nd February. Sheepskins — Market steady, pelts bringing up to Is Sd and lambskins. Is (id. Hides, Tallow and Fat — Market firm. Prices unchanged. Wheat — Not much businesss done. Prime milling, 4s 7d to ."is : medium, 4s 3d to 4s (id ; fowl wheat, :Js i»d to 4s Id per bushel (sacks in). Oats — Prices have hardened slightly during the week. Good to best milling, 2s to 2s Id ; do feed, Is 1 Id to 2s ; medium do, Is lOd to Is lid ; inferior. Is S£d to Is lod per bushel (sacks extra). Chaff — Owing to heavy consignments prices have declined about 2s 6d per ton. Best oaten sheaf, L 2 1 2s (id ; medium, L 2 7d (id to L 2 10s ; light do, L 2 2s fid to L 2 5s per ton (bags extra). Potatoes— Values have advanced slightly again, best selling at up to L 7 12s (id per ton.