COMMERCIAL.

Globe, Volume II, Issue 138, 9 November 1874, Page 2

COMMERCIAL.

Globe Office, Monday. Transactions in the import markets during the past week have been limited, taking into consideration it being the first in the month, and we cannot expect mncn improvement until the races, &c, are over: then we hope to record considerable improvement in the markets. The 4th of the month has passed off very satisfactorily. It is reported that a country firm are about to compromise, but nothing definite has been arranged up to to the present time. Tea moves off in trade parcels at full rates; by telegraph advices to hand we note the Medora, with a cargo of tea for Dunedin and Christchurch, met with oad weather, .was dismasted, and had to put into Hong Kong for repairs. We understand part of the cargo is damaged, and will most likely be sold there. This 'loss will tend to harden the market here and at Dunedin. Sugars continue to meet with ready sale in trade parcels, at full rates—we hear of £37 obtained for best Victorian white crystal. The Craig Ewan's cargo, via Nelson, is expected here shortly. We mustHaytbeassortmentbythisvesselis a very good one, and well suited for tlie requirements of this place. We hear there is a direct shipment from Mauritius hourly expected. Hennessy's pale brandy: Stocks are very low, and holders are firm in their quotations, 10s has been obtained for a few small lots, good second brands command 8s to Ss 3d; Martell's dark finds purchasers at 9s 9d. Bottled ales and stouts move on' in small parcels at lis 6d to 12s 3d D.P, Tobacco meets with fair sale, is 8d to Is 9d is obtained for best twist; aromatics low in stock, Is 9d to 2s is the price asked. Oilmen's stores meet with usual -rood sale, at fair prices. Kerosene is almost neuli'c «•'; 'rude parcels arc placed at 2s 3d DP. YVoolpacks meet with ready sale, at 4s 2d to 48 6d, according to quality. Very little has been done in hops, holders anticipating higher rates. Stocks have been increased by the arrival of the Duke of Edinburgh from London, on Ist inst, bringing a cargo of general merchandise. Messrs H. Matsou and Co report on the live stock market as follows lor the week ending November 7th, 1874 :—268 head of cattle and 4718 sheep came to hand on Wednesday. In cattle our entries were 16'2 head, for Messrs Kinley, Ladbrook, Ferguson, Daley, Davis, :Corr, Mickle, Kinley, Stewart, Tubman, Gay, Maling, Tubman, Moore, Jenkins, and others, and we made the following sales.—Fat cattle from £B, £9 10s, £l2 10s, £l3, £l4, to £l6 per head, equal to 378 6d to 42s 6d per 1001 b. There were about 60 head of fat cattle disposed of through the yards and full prices realised for all. In consequence of their being no public market during the race and show week, the trade operated freely for both fat cattle and fat sheep. \\ e sold stores at for calves, £1 7s 6d to £2 5s per head; yearlings, o-ood 47s to 50s per head; two-year-olds, £4 10s to £4 15s- three-year-olds, £5 5s to £5 15s per head; cows for from £4 10s to £6 los. In sheep our entries comprised 2918 for Sir Craoroft Wilson, Messrs John Grigg, H. F. Gray, J. P. O'Callaglian, F. C. Murray, Cathcart Wason, J. Johns, Laine, J. L. Hendley, H. Ffitch, Ellis, H. Madison W 11. Strange. Kevell, Henderson, Dunbar, and others, and we effected the following sales :-326 crossVnii, ihorn, for Mr John Grigg, Longbeach, at

from 17s to 19s per head ; 697 merino wethers, shorn, at from os, 6s 6d, 7s, 9s and 10s per head; 72 cross-breds for Mr H. P. Gray, at. 22s per head ; 162 merino wethers, in wool, at 19s 6d per head; 50 shorn cross-breds for Mr P. Grant, at 19s ; 100 do for Mr F. C. Murray, at 14s 6d; 196 cross-breds, hoggetts, inferior, at 15s, for Mr J. L. Hcndley ; 60 shorn do, at 14s 6d, for Mr Laine; 157 merino wethers, at 10s, for Mr Ellis; 103 long woolled ewes, with lambs, at 225, for Mr W. H. Strange; 120 merino ewes, at 9s, for Mr Henderson; and a large number of smaller lines at full prices. Only a few pens remained unsold. We sold fat lambs at Bs, 9s, 10s, and 12s per head. We quote prime mutton, in wool, at 5d to s}d per lb ; shorn, 3M to kl per lb; both descriptions must be prime. Sheepskins, hides, &c.—A large supply came to hand, and full prices were realised, an advance on last week's prices being obtained for the larger proportion. Messrs J. T. Ford and Co report on the livestock market for the week ending Friday, the 6th inst, as follows:—The Smithfield and Carlton yards on Wednesday last were well filled with both cattle and sheep. The sheep comprised all classes, representing throughout a very fair quality. AVe give below values for different classes. Half-bred hoggetts brought from 13s 6d to 15s each. Merino ewes, with about 60 per cent of lambs, from 9s to 12s each, according to age and quality. Store merino wethers in their wool brought 9s 6d, but these sheep were late shorn. Fat mutton —we refer to shorn sheep—from 3Jd to 4d per lb, but we cannot expect these values to be long maintained, although mutton will keep up at afair price till the middle of January next, and graziers with plenty of feed cannot do better than invest in cross-breds in theirwool atcurrent prices. There was agooddemand for all kinds of cattle on Wednesday, and the fat were much superior to previous week's. Beef, such as the trade can appreciate, will readily commaud 40s per 100 lbs, but we are inclined to consider that this article has reached its highest limit. Our sales comprised 400 wethers, store merino, on account of R. M.Bovey, Esq., at 9s 6d each; 85 Lincoln hoggetts, shorn, on aecountof P. C. Threlkeld, Esq., at 22s each —and these sheep also clipped an average fleece to the value of 14s 6d each, bringing the total value of each sheep up to 36s 6d; 200 cross-breds, on account of AV. B. Tosswill, Esq., at 19s 6d each ; «5 cross-breds, on account of Mr Woolcott, at from 18s 6d to 21s 6d each ; and several other lines at above quotations. In fat cattle we quitted, on account of Messrs Keith and Malley, a line of fat steers and heifers, at from £lO 10s to £l3, corresponding with our above quotations. Mr H. E. Alport reports the following business at auction duriug the week ending Saturday, 7th November:—On Monday, at the Hereford street Sale rooms, held a sale of furniture and general merchandise, at which fair prices were realised. At the Carlton Yards, on AA'ednesday, the supplies of every description of stock was large. The demand, was, however, equal to the occasion, and very few lots were passed on unsold. Sales of sheep were uneven, in several instances the best sheep selling cheapest. Moderate weights fat half-bred ewes brought from lis to 16s 6d; very prime, do, ewes and wethers, 19s to 225; good store half-bred wethers, in wool, 19s : full weights fat merino wethers, unshorn, 17s 6d; good store do, do, do, 9s; nice quality half-bred ewes, with 127 per cent of fine lambs, 225; prime fat lambß, 10s to 12s, I sold 40 prime quality half Devon steers and heifers on account of Mr E. Reece, as under:—7 fat heifers, 2 year old £7 5s per head; 5 store do, do, small, £4 15s; 6 do steers, 2 year old, £6; 10 do, do, £5 12s 6d; 12 do, do, do, £5. Sales of full weight fat steers and cows were made at from £ll to £l3 10s; medium weights, £9 15s to £lO los. Several pens of ordinary store steers and heifers were withdrawn, at for 15 to 18 months, £3 2s 6d; at for 2-year-old, £4 to £4 10s. One lot of 3-year-old, good quality store steers, sold at £5 10s. Quotations of beef and mutton are unaltered. On Thursday, at the Hereford street Sale rooms, sold a consignment of canaries, parrots, gold fish, birdcages, &c. The sale attracted a large number ofbuyers, and satisfactory prices were obtained. Mr deßourbel reports the share market as follows :—Buyers—National lusurauee, 28s ; National Bank, 695; South British, 49s ; Standard Insurance, 9s; Colonial Bank, 12s. Sellers—National Insurance, 29s ; National Bank, 70s ; South British, 50s; Shipping Company, 20s ; Standard Insurance, 10s ; Colonial Banks, 13s.