Commercial News

Feilding Star, Volume XII, Issue 101, 17 February 1891, Page 3

Commercial News

WELLINGTON. WOOL SALES. The New Zealand Loan and Mer> •can tile Agency* i ompany (Limited) report up n locnl m irkets fur week ending 13th instant as follows : — Wool.— WV held oup'ihii-ii serios to-d-iy when w«* < atalopued close umn . 1000 bales, in which the»ewas a good >ro portion of lambs. Ajniicn more nnim ted ■ tone was evinced, and prices show i ilecided^ improvement upon the ei»lipr -n'e--.^.^the season. Coarse crossbreds mule to »d, fine ditto, to 9£d ; lambs solrt 6d to S|d forextraqualiy. Of fn* the total number catalogued we sneeze ed in placing between 700 and 800 ba t*s We notice a very cpn-ilerable improvement in the quality of the clips. su'»v -milted for this auction, as also a vefj much Wronger competition, some few lines being taken, we understand, for n Southern mill. Of the few lotss passed in under the hammer, we have since <uc <:eede<l in placing a very large proportion "The following are some of the prices ohlained :— Paiaka, 7£d ; KP over C, 7£d ; ' iKS under bar, 7d ; AMH, 7£d ; W|NO, 7i; D. 8£ to sfd; JCO. 7fd to 7£d :. EW. Bfd ; M, 7d ; A6.71H ; JD before Maru Maru, 7£d ; Fir, 8d ; M. B|d ; TP, 7|d ; XX, 7£d ; TR before Ohan. 7^d ; M£, B^d; HE over^O, 7|d ; X, 7d ; HPL, 7d ;JM conjoined, 7£d ; AS con- ' joined, 7|d ; 0 before E, 7d ; WI over Otaihanga". 7|d ; D4,7d ; WE conjoined, Sd ; HT, 9|d ; Uin heart, under bar, 8d ; AJH, 7d ; OW, 7id ; HA over F, 7|d ; GR- r , 7£d; MY vi f 7fd; Ohau orer HW, 7^d; Waniao, B|d ; QQ .7£d; B <l in tiangle over Thorpe, 7|d ; vV and C, I\k ; JJ conjoined, 7d ; FB over bar, •!Hd ; G in diamond, 7d ; G.-iP over PN, 7£d ; M, 8d ; <G, 7d ; F, 8c! ; JJ over 'Matarawa, B|d ; Shield. 8d ; HT over O, HH ; B over NIK.AU, 7d ; W oyer bar. •7d ; GH. 7|d. Frozen Meat- — Our rec-.nt cables from -'london advise us of a considerably im ■ : proved tone in the market for frozen beef, fore and hind quarters being quoted »t from 3£d to -Jitl respectiyely. These .enhanced values we expect to see continue for some trore longer at any rate, the severe winter at Home having, no doubt, a very marked effect upon prices ; "^ 8 regards frozen' mutton, the reports are not quite so encouraging, but for - '-•spot*' sales prices are ruing at about • last quotations. We have recently sold , consignments of Wethers' and ma den ewes on account of sundry < hent at last ouoted rates, yiz., 2d per Ib unfrozen. Sheepskins— For dried pelts quotations are from Is 4d to 2s 6d ; lambs', 5d • $ 0 !(),) ; lamkskins, Is 6d to 2s 4d ; dried akins3d to s^d per Ib. - . S»lted Hides — Quotations unaltered, Id to 3sd per lb, ace rdmg to weight and condition. Tallow - Prime mutton is worth up to ' £22 per ton ; inferior and good, £14 to £19 10s ; rough fat, up to 14-< per cwt. Hemp- Quotation unaltered. Grain— U«ts : A 1 though the crops down South this year are sonvwhat shorter than last, w • do not anticipate any great advance in prices. Feed bailey is selling at 2s to 2s 3d per bushel. . Grass Seed— Pover y Bay rye is quoled at from G* to 6s 91, fo.b. Gisborne. * - Very few s«mples"o£ Southern yet offering- Quotations nre from 5s to 5s 9a at Southern ports. F.>r cocksfoot, holders are 'asking from 3£l to 4dfd here.

\ PER UNITED PRESS ASSOCIATION. | 7 London, February li. A portion of the shipment of butter, -* ox's s Ruapehu, from New Zealand, has been sold at 965,' to 108s per cwt. The wool market is buoyant. Orossbreds are scarce; and the price remains very firm, while heavier merinos are 'recovering. * At a sale of sheepskins there was a good demand at a farthing advance on -• - the last series.

'm> ' The New Zealand Loan end Mercan*£s lib "Agency Company (Limited) havj received the following - cable messaga

from their London office, dated 13tl inst, viz:—Tallow—There is little demand, and it has declined 6d per cwt Frozen . meat—Mutton market firm. Price has advanced £ of a "penny peril since last report; The beef market is unchanged. New Zealand hemp—Market brisk, it has risen £1 per ton since last report.(For continuation of Reading Matter see fourth page.)