Commercial.
Dunedin.— The Otago Dajly Times, of the llth instant, gives the following :— The business of the day has been unimportant, though in one important staple, viz., flour, some animation in the market, consequent upon receipts of advices from ftftelbonrne, has been manifested The sudden advance in Melbourne has produced a corresponding improvement in .prices here— holders now asking about £4 per ton in excess of rates previously ruling. No important, sales at the increased figures have transpired, .but the nature of the intelligence leaves no doubt that the advance will be perm<nent. From Mokirika, information is to hand that the market in that place has been to a considerable extent relieved of the heavy shipments lately received there, and that numerous goods were required, confirmation of which we have in the increased amount of orders to hand. No auction sales of importance hare uken pbtce, nor has anything occurred in commercial circles calling for special notice. Canjjkkbuky.— -The following is from (he Lyttelran Times, of the llth inst. ;— j^ STOCK REPORT. No material change has occurred in the stookmarket. Draught horses or colts and store cattle have risen in value. Fat cattle remain at about the same price, and are not likely to rise so long as the animals continue to fatten at the rate they are now doing. Ewes are not much in demand ; one or two
quiet sales have been effected of mixed she^p after shearing, ami one «ileby public auct on of old ewes and lanths, none of w>n- h would in any way guide the market. One large ■ale of fat wethers to the West Comf, <ie livered there at 20a i» mentioned as having taken place; we question the completion of the contract. No station property has changed hand«. One or two desirable investments, involving large amounts, we m the market. ... The following may be a guide to price* : — Store Cattle over2yrs, equal sexes, £10 per head. Not many offering. Tat Cattle— 6os to 65s per 1001b, according to quality. ■ , , Store Wethers— shorn— l2s 6d and upFat Wethers— in wool— 24s to 26a, accordins to weight. Fat Wethew— shorn— No one buying except butchers from flocks in the neighbourhood, at 20s to 21s. Horses— Draught colts, from jE3S to 50, and so on, to higher prices for sound animals. Hacks— all very inferior, and mostly unsound, but prices ranging better.
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Bibliographic details
Evening Post, Issue 241, 15 November 1865, Page 2
Word Count
396Commercial. Evening Post, Issue 241, 15 November 1865, Page 2
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