COMMERCIAL.

Daily Telegraph (Napier), Issue 3630, 1 March 1883, Page 2

COMMERCIAL.

HAWKE'S BAY STOCK AND STATION EEPOBT. Februaky, 1883. During the last fortnight of this month tilings have decidedly improved, as we have had some splendid shower*!. In fact, the la.it week of wet weather has made a great change in the aspect of the country, the grass having , sprung up in every direction, making it look more like spring than early autumn, and the grass will get a good start before the frosts come. Owing to large blocks of country being taken up in Poverty Bay and Pologa Bay a large nuui - her of sheep have left for those districts and a large number are bought for delivery next month. There has been a good demand for prime fat wethers-, and we have been able to place a large number at from 12s to 13s, according to weight and time of delivery. In store wethers several lots have changed hands at satisfactory prices. In crossbred ewes there is « good and increasing , demand, and we have placed a large number during the month. Merino ewes are selling well, and young sheep are very scarce. In wethers there is very little demand, except for young sheep, and there are very few of them in the market. There is not much doing in cattle, but a deal more enquiry during the last fortnight, and I expect to sec them selling well during iiext month. The following are iho quotations for stock:— Cattle.—Fat blocks 18s. to 20s per cwt; cows, K\s to I'/'-a Gd ; store steers, yearlings, XI I 'h (M to. £2. <;s; two-year-olds, .Co os to £4 10s; three years, £4 10s to £o 10s; heifers.yearling* to eighteen months, 35s to £2 los: two years, £3 to £4: cows, £4 oh to £G 10s; dairy cows, £6 os to £S 10s. Sheep.—Merino wethers, 2 and 4-tooth, 7s to 7a Gd; 6-tooth, Gs ; fresh 8-tooth, 5% to (is is asked for; merino ewes, 2- ani 4 ■"' tooth, 9s Gdto 10s; G-tooth, Gs GJ to* 7s" S-tooth, Gs: aged 3s Gd to -Is, * Crossbred wethers, fat, lis Gdto.l4s;. W 0 ™d 4-tooth 10s to 10s Gd ; a SMootlC iS : crossbred ewes 2 and 10s Cd to12s; G-tooth 9s tQVje; 8-tooth, 7s to Bs. ,??- S f V CtO -< taught are in demand at £4o to i. g c, ; . medium, .£3O to .£35 ; good » ackp -, SCii-ce, at £2,3 to £30 ;■ useful, £10 tQ.JCH;. light, £5 to £7. "Wool. —At tho London sales which began on. the 20th instant, a good and active demand was experienced. From Melbourne Messrs Goldsbrough and Co. report good prices going for fjue wools,, merino bringing HP to 13 f<l and crossbred up to 13 .Id, bamples of which can be seen at my office. Station Properties.—There is more enquiry for properties, leasehold and freehold, partially broken in, and several intending investors have communicated their intention of inspecting several properties next month. M. B. Milleh, Napier. M.. X, Jlillee and Potts, "VVaipawa. (By Cable). ILondox, February 26. Gonsols have declined to 102}. New Zealand securities remain at the following quotations .-—Five per cent 10-40 loan, 106 ; five per cent 4889 loan, 104 ; fovr and- a half per cent 1879-1904 loan, 102, ex-dividend. Adelaide wheat has declined 2s per quarter, and is now quoted at 5 Is, ex-store ; New Zealand wheat has fallen Is, the lowest price now being 4Gs; Adelaide flour, ex-warehouse, has fallen to :34s Gd. Australian tallow has fallen Is per cwt and beef is now worth 41s and mutton 14s for average, quality. February 27. Consols to-day are quoted at 102*, an advance of one-eighth. Melbourne, Tide. day. Messrs C. S. Eoss and Co., of Melbourne, report sales of timber ex Maria, Virginia at the following average prices pe.r- 100 feet super:—Sawn flitches, I2s3d-, sawn boards, \:^° h i V*V dossediMamfc, .7.UK*, 18s6d; ditto γ-mch, 13s 0d ;. ditto, *-iucb, 12s. lhe timber market is very dull.