Commercial News

Feilding Star, Volume XIII, Issue 87, 21 January 1892, Page 3

Commercial News

[UNITED PREBS ASSOCIATION. I ; '"■ "'= LoJRBOKj January 18. Wheat has fallen 6d per quarter. January 19. ; The wool shipments by the Toko will be included in the January sales. ' *EhfAßiT, January 19At, the second wool sale to-day there was a good attendance, of buyers, and good competition. For, better classes the rates Were about 4he same as at the December . sale, and slightly higher for besij^otsjiespecially, merino. . Sydney, January 20. : Wheat-^cbick, 4/r to 4/3; tariffing, 4/11 to 5/-. Flour — stone makes, £11 to ±12; roller brands, £12 18s to £13. Oats— 2/4- to 2/6; maize, 2/2 to 2/5; barley (Cape), 3/.'; peas (blue" Prussian) 8/6; bran, lOd to 10$ d; pollard, 9^d to lOd; Potatos^-local, £2 5/-; Warnambools, £3 15/-; onions, £3 10/- to £4 ; butter— dairy, 8d ; factory, 9d ; cheese, 3d to sd ; bacon, 6dto7£d; hams (New Zealand),. lOd to lid: At the wool sales, competition was very aotive. The samples were below the average. Good medium greasy crossbred fetched up to 7sd, merino, 7£d ; scoured, rery indifferent, up to Is. The London branch of the N.Z. Loan and Mercantile-Agency Company, Limited by circular, dated November 28th, 1891 report :-rWool.— The Fifth Series of sales opened on' 24th November, 1891, the available fresh - arrivals aggregating 168,255 bales. There was a good attendance, both of Home and Continental buyers; and though there was at first some hesitation in the bidding, greater confidence was, displayed as the sales pro* greased, and competition became more general. As compared with closing rates of fourth S9rie3, good greasy and scoured merino, and cross-breds — the last of which were sparsely represented in the opening catalogues— showed little change, but other descriptions on average ruled about 5 per cent lower. Sheep Skins. — At the public sales held on the 29th r and 30th ultimo, 2,600 bales were catalogued, of which 2,250 bales changed hands under the hammer. The sales were well attended, but the demand was irregular, and prices of merino skins were on average about Jd per 1b lower than at the preceding sales, while crossbred skins were generally unchanged. Since the auctions, about i(K) bales have been sold privately, at the rates than current. Leather,. Hides, &c.^r-The demand was dull at the auctions of 6th instant, when 5,242 sides were brought forward. Under the hammer 908 sides were sold at about late rates* the remainder being withdrawn as the bidding fell short of holders' ideas of value. New Zealand Hemp.— Since our last issue, business has been restricted. The catalogues at the. three auctions which have been held comprised 1,956 bales, of which 900 bales were sold at and after the sales. „ . Hops. — Consumers having made con* riderable purchases there is no less demand, but there is no change of importance in values.. We quote:— East and Mid Kent best Goldings, 1891, £1 7s per cwt. New Zealand, M 3s per cwt. Frozen Meats.— Although recent shipments from New Zealand have been somewhat lighter for some time past, supplies are still far in excess of current requirements,- prices having receded about £d per 1b since.the date of our last circular.