COMMERCIAL.

Evening Star, Issue 6726, 7 October 1885, Page 3

COMMERCIAL.

MINING. NOTSB. The Arrowtown correspondent of tho ' Dally Times' reports tint tho Gallant Tipperary Company have sent down a cake weighing SOoz. Tho return, though not up to eipe mtlon, is encouraging. The full returns from the United Alpine mine for the month eive 2,2050z of amalgam from 895 tons of stone. A shilling dividend has boen declared. TBE WOOL SALES The New Zealand Loan and Mercantile Agency Company have received the following ttloarara from their London office:—" The Biles closed on sth tost at an average decline of about 7i per cent, on last closing , rates, except for long staple n.erluo, medium crossI bred, and Biipnrior medium lambs wool (light in the grease), for which the marktt was unchuimed. The principal dec ine has bten in medium and inferior greasy, washed clothing and combing, and secured wools'. Faulty qualities are lugkcted- Tho American and Home demand Is good, German racdrrate, but French dull. The sales comp. ise about 268.000 bales; 70,000 bales have bean held o\er for future disposal; 8,500 bales hava been taken for America, and 97,000 bales for the Continent." The Biitlsh and New Zealand Mortgago and Agency Company have received the following wool telegram from Mossrs Hclmuth Schwartze and Co., dated London, sth in?t. :-*The sales closed without further chango. An compared with closing rates o! last series prices for grease a e Id lower; fleece and scourud, ljd lower; cross-bred, \A and Id lower. Total sold, 270,000 bales; taken for export, 104,000 bales; held over, 72,000 bales." STOCK AND STATION REPORT. Mr Donald Strouach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited), reports for the week onded October 7 as follows : Fat Cattk.-229 head were yarded at Burnside to-day for the week's requirements. Nearly the whole of this numbor were low primo quality. Biddings were fairly brisk, but prices scarcely reached la't week's. 15<«t bullock 8 b oui-ht L 9 10s to LI IPs 6d ; light weights, L 5 10s to 18 10s; cows, up to LlO 10s. We sold drafts on account of James Meehan (Makikihi) and others at quotations, and quote beef 22i6d to'2s3perloolb. Fat Calres.—There were only three penned, which sold readilv at up to 255. Fat Sheep.—*,o)9 were penned, of which 784 were mcrinoes and tho balance cross-bra!, nearly all (rood to prime quality. There were also included in theso 228 show cress-bred wcthei s and 128 do ewes. The tradedid notoompste with much animation, and prices this week were slightly lower. One or two i (ns he^vy• weiitht croes-Med brought up to 17s 6d ; good to prime, Hs to 16->: uu-diuin, Us 6d to 13-t 9J : shorn cross-breds, 10s Sd to lis Sd ; shorn croBS-bred ewes, 10s; merino "ciliers (in »he Wooi), 8-< 3d to lis. Wo sol i ou aicoun'i ef Mr James Scott Kcilor, Waiwera, and others, cross-bred mixed at 12s 9i; and merino wcthtrs at &i 3J to 10s; and quote murton 2Jd per lb. »at Limbs -Sixty-nine wero penned, and sold under fair competition at up to 13s. PL'S. - 210 were penned. The moßt of these wero porkers and bac<>n pigs, with a few suokeis and slips. The n a ket t> -day was the most s u.,'gish o' auy ex}«rienced within the last f<w seasons, a.id irrent difficulty In making eales of porkers and bacotiots at a reduction of from 7s 6d to 103 each. Store Cattle and Slietp.—We have no transactions to repott, but have some inquiry for well-bred bullocks, quiet, and in forward condition, mltable for padd. ck fattening; and we look forward to a good den<and in the course of a few weeks for cattle of the above description. Wool.—Prets and private cable; rams to band from London since cur last report show that sales are not quite so active; the market Is improved, and tho c m-pctitl'-n i» weaker. By Sin Francisco mail due in Auckland on the 20;h inst. we expect price catalogues for the fl'et few day* of tho sale, when values will be better determined. Sheepskins.—At our weekly sa'e op Monday, at which there was ft full attendance of Kuyers, who competed briskly, every lot on a lenßthy catalogue wis cleared at prices slightly In advance of these obtained last wetk. Country dry cross-breds low to medium, brou.ht Is 2d to 3s 8d ; full-wonl, 6s Id; dq do mer'.no, low to medium brought lid to 8s 3d; full-wool, 4«; butohero' green eioss-breds, 2s 9d, Bs, 3s 3d. 3s 6d, 8< Bd. Ss 9d, 8s 101. 8s lid; do do u.«lno, 2s sd, 2s Bd, 2s Ud, S* 2d, Ss 4d, 3d sd, Ss 6d green pelts, 4d ; lambs Sd ta fid. Rabbi" kin« - On Monday we submitted a fair catalogue of medium to Rjcd winter skins. Some of ite e w< re prime, but mixed up with tklcs taken off poisoned rabbi* whiob were too long dead. This mode of clanlug reduces the vu.ue of the good, and the re* suit is disappointing to the vendor. We had all the buyers In the trade in attendance and competition was brisk, eveiy lot being disposed of as fol owa : R, 1 bag, 6Jd; do. 8 do, 12Jd ; KO, 4 do, BJd ; JR, 2 dn. lOid ; AM, 8 do, 12j I; KO, 1 bale and 2 bags, 124-1; JK in diamond, 6 bags 5d ; EJ. 2 do, 9}! J 2 or, I2jd ; KO, 2 pes and 2 bags. Is Id; GO on line, i'B'e, 6J-J; Wuiu square, 8 bales, lOjd; A2iu • |Uate, 8 il", lij per in. Hides.-flitre is a gord deivanrl for all Doming fcrwa'd at late quotations, vie., 24 t) 2jd for but<s and slippy; 3d for llyht; »i<i to 8;d for niobium ;S} > to 4|d for fair to good heavy weight, Bound, clear, and free from outs. Tallow:-The market continues dull and nmatlsfaster'-, Small lots of oountry»ren!ered fled purchasers for local consumption a prices similar to last week's quotations, viz , for inferior and uiX'-d, 14s to 18s; medium, 17s to 19*; good to pilme, 20 to 2ls j rough fat is lower, selling at 9s to lis per cwt Grain.—Wheat riieets with ready sac. There is scarcely any price in the market, and very little coming forward ; medium has had good Sa'e during the week at from 2d to 3d advance on prices obtainable for this quality previously; fowls' wheat Is aso scarce, and in demand. We quoto prime mi ling white velvet, 3s 4d to 3« 6d ; Tuscan, Ss 4d to 8s 4Jd | medium, Ss Id to Ss 8d; Inferior and fowls' wheat, 28 8d to 2s lid. < ats: The demand continues "fairly aotive, principally for shipment A few lots have been purchased at a slight concession on last week's rates, but holder* of prime bright feed and milling are firm and late prices but little attend. We quote stout bright nimnz 2s to 2s Id ; bright shot feed, Is 11J tto2s ; medium Is lid ; damp and discolored, 1b 7d to Is 10d.-Barley : Prime samples are inquired for, but little offering. Milling and feed U in fair demand, but the supply being limlttd transactions ate only email.—Ryegrass seed: There is a better demand exhtin?, and any good clean paroels fom all pas:ure would meet » ready sale. Ocoksfoot: The demand is not equal to the supply, ai4 sales slow. .. [By Tnatsufß.} MBLBOORira, Ootober B.—The National Mortgage and Agency Company report of the grain market I Shipping wheat shows an improvement of Id per bushel, and is firm at 4s 2d to 4s Bd. Malting barley is neglected at 3s 6d to 4s Sd. New Zealand oats are dull; feed sorts are 2s lOd to 8-) per bushel; milling descriptions, 8s id to 8s 2d; and Ui.der bond are quoted at 2s 2d to 2s BJ.