COMMERCIAL.

Globe, Volume IV, Issue 325, 28 June 1875, Page 2

COMMERCIAL.

Dunedin.—Mr Henry Driver (on behalf of the New Zealand Loan and Mercantile Agency Company) reports as follows, for the week ending June 23rd, 1875:—Fat Cattle—lss head were yarded today, which as a lot were fair average quality, although the absence of really prime pens was noticeable. As some of the larger butchers had been supplied from private deliveries, the bidding was not so spirited as might have been anticipated, and late rates were scarcely maintained. We do not feel, however, justified in quoting the price of really prime beet at, under 30s per 1001 b. We may remark good quality beef is less plentiful than has been the case in corresponding periods of previous years, and that before the summer grass has any effect upon the condition of cattle, higher prices will rule than have been the case for many years past. Best bullocks realised £9 10s to £l2 10s; medium do, £6 10s to £9; best cows, at(from £7 to £lO 10s; medium, £5 to £7. Medium to fair quality beef may be quoted at 35s to 27s 6d per 1001 b. At the yards we sold on account of Messrs Brown and others, 30 head at quotations, and have placed 70 head privately. Fat Calves— Only a very few were penned, which brought full rates—say up to 60s each. Fat Sheep—2ooo ot yarlous sorts were penned, a large proportion beios

fair to good quality cross-breds, which brought full our late quotations. Prime cross-breds brought from 14s to 17s each, according to the weight; merinos, 7s 6d to 10s; or equal to 3Jd to 4d for the former, and 3d to 3jd lor the latter. At the yards we sold 800;at above rates, and have placed 500 privately. Store Cattle—With the exception of a few small lots which we have placed privately at fully late rates, we have no transaction to report. We have, however, 500 upon the road from the south, which will shortly be offered by public auction, in lots to suit purchasers. Best bullocks are worth from £5 10s to £7; do cows, £4 to £5 10s. Store Sheep—Transactions have of late been so limited that any quotations must be taken as merely nominal; indeed, we do not anticipate that any important lots will change hands until after shearing. The following may be taken as approximate market quotations : —Cross-breds, 4-tooth and over, 13s to 15s ; do, 2-tooth, 10s to Its 6d; do, lambs, 8s to 9s 6d. Merino ewes in lamb, (5-tooth and under, 8s fid to 10s ; do, full-mouthed, 6s fid to 7s fid. Merino wethers, 6-tooth and under, 7s fid to 9s; full-mouthed, 6s to 7s. Wool—No further later advices from the London market have reached here since my last report. In this market there is a little inquiry for good conditioned fellmongery sorts. Sheepskins—At the usual weekly sale held last Friday (instead of Thursday), a short supply made buyers more eager at advanced rates. I sold butchers’green cross-breds from 3s 8d to 4s each; merino, 2s 8d to 3s each; dry station skins, crossbreds, 3s to 3s 4d ; merino, is 8d to 2s Id, according to quality. Hides continue to be well competed for. I have no extra heavy lota to offer. Medium green brought. 245, light 18s ; wet salted medium, 19s 3d to 24s 9d, light do, 17s fid ; yearlings, 8s 9d to 9s 3d; calf-skins, 2s 3d to 4s 3d. Tallow—l sold last sale, mixed butchers’ at 28s; inferior, 22s ; ami have placed 12 tons for shipment at £3O 10s, mixed. Grain—There is no noticeable change in grain since my last report. Wheat maintains former quotations: for good to superior, 4s 3d to 4s 6d ; middling, from 4a to 4s 2d; inferior, 3s lOd. Fowls’ feed, much enquired for, up to 3s 9d. Barley is arriving in large quantities, both coastwise and land carriage, but mostly on brewers’ account. There is no alteration to report in values. Good malting, 5s fid to 5s 9d ; very superior, 6s; secondary malting, 5s to 5s 3d ; inferior milling, 4s 3d to 4s fid. Oats—There has been considerable enquiry for oats during the week, for shipment. There is a reluctance to pay advanced rates which many holders are requiring—vessels consequently are sent to the out ports, where prices are ruling at lower rates. Current prices in Dunedin, for good feed, 2s 9d to 28 lOd; milling, 3s.