COMMERCIAL.

Globe, Volume IV, Issue 348, 24 July 1875, Page 2

COMMERCIAL.

The grain market has displayed more activity during the week, several lots of both wheat and oats having been offered, more es pecially from the Southbridge district. A rather better demand exists for prime milling wheat, millers' stocks again getting low, and it is estimated that the most of what now remains in the country will be required for colonial consumption. From the large quantities of oats offered by farmers during the week large stocks must still be held, and in the face of this buyers will not advance. We have heard of one line of 4000 bushels offered free on board at Timaruat2s9d, but declined. Barley remains unaltered ; latest telegrams from Melbourne, however, report an advance for prime malting there. Buyers are shy in touching potatoes, the condition of maDy of those previously delivered being so bad that purchasers are suspicious of all, and will not buy In any quantity. Butter and cheese have been offering, and as the season has now considerably advanced, stock-holders arc desirous of disposing. Buyers' quotations are—Prime milling wheat, 3s (id to3sßd; do oats, 2s 9d; barley, 4s 6d: flour, sacks, £d 10s, 1001 b bags, £9 ITs 6d, 50lb bags, £lO ss; bran, £4 10s ; sharps, £o 10s, and 10s extra f.0.b.; potatoes, £3 10s ; butter, Is Id ; cheese, BJd; hams and bacon, bare, lisd, cloth Is. "We have to report a slight improvement on last week's transactions in the import markets. The long-expected White Kose arrived from London, via Mauritius, on the 21st instant, after a long and ■ewe pamge, We trust ber cargo will not be

found seriously damaged, as the greater part of it has been sold to arrive, and is much needed. We understand bulk will not be broken until the average bond has been settled next week. Several large parcels of teas have been disposed of at Is to Is 9d i.b, in half-chests. Good box-teas are in request at Is lOd to 2s i.b. In sugars, we have to report a fair sale sale : yellow crystals have received attention, and have been quitted at £33 to £33 10s i.b, for large parcels. "White counters and crystals have have been disposed of in trade lots at £45 5s to £4G 10s d.p. Spirits—These lines have shown more activity during the past week. Rum (W. 1.), 200. p., has been placed at 4s 6d to 4s 9d for clearing lines. JDK.2 geneva has been worked on" at 15s to 16s 6d for 3 4-32 and 3 16-32 contents. Hennessy's bulk brandy finds purchasers at 9s ; case rather low in stock, 33s is the price quoted for a parcel. Good second brands have met with a fair amount of attention from the trade. Old torn meets with good sale at 6s to 5s 3d i.b. There has been very little done in whisky at our last quotations. Bottled Ales and Stouts—We hear of a large parcel of Blood Wolle's ale changing hands, price withheld. Tenuant moves off fairly, the full market value for best brands is lis 6d to 12s. Stouts are rather low in stock ; 12s is obtained readily for good brands. Sales of Bass' bulk ale have coiue under our notice at £lO per hhd. Tobacco has been very dull at our last rates. Currants have been bought up readily at 4Jd to sjd,

Messrs J. T. Ford and Co report on the live stock market for the week ending Friday, the 23rd inst, as follows:—At the Canterbury Sale Yards on Wednesday last upwards of 6000 sheep and 150 head of cattle were brought to hand, and, with one or two exceptions, were all disposed of. The sheep comprised all classes, from the merino ewe up to pure bred Leicrsters, and brought prices varying from 5s 6d to 21s 0d each. A line of fat merino wethers brought in by Mr N. McLean, of the Acton station, were much admired and fetched 14s 3d each. We quote mutton at 3£d per lb, and beef at 33s per luolb. Our sales for that day were, on account of Messrs Fitzroy and Acland, cross-breds, 198, each 17s 9d; Messrs Cardale and Barry, cross-breds, 122, each 14s; Messrs Garforth and Lee, cross-bred, 210, each 16s Gd; J.Maddison,crosß-breds,i9B, each 14s 6d; J. E. Brown, stores, cross-breds, 200, each 12s 3d; J. E. Brown, stores, cross-breds, 500, each 12s; H. J. Matthias, merino stores, 200, each 5s 3d; R. Cook, merino ewes, 500, each 5s 3d; McAlpine, merino stores, 571, each 6s 6d; total, 2699. In cattle, we sold on account of P. C. Threlkeld, 17 head of dairy cows, at prices varying fioin £lO 5s to £26: and on account of Messrs Keith and Mally, we sold fat cattle at our above quotations, per lOOlbs. We held a clearing sale yesterday, on account of Mr Dunford, Tai Tapu. The attendance was not large, but cows brought from £ll to £ls each; young stock at full rates, and colts, light harness, brought from £l7 to £l9 each. Everything was cleared at satisfactory rates. Privately, during the week, we have sold a line of good conditioned cross-breds on account of Mr F. E. Wright, at lis 6d, and 1000 merino ewes, at 7s 6d.

Messrs H. Matson and Co report on the live stock market, &c, as follows, for the week ending Friday, 23rd July, 1875: —At the Addington Market Yards, on Wednesday, the 21st instant, 175 head of cattle and 6300 sheep came to hand. Biddings for all descriptions of stock were more animated than on the preceding week. In cattle, our entries comprised 123 head, for Messrs Ferguson, Grant, Kinley, Duncan, and others. We sold—Fat cattle of medium quality, light weights, £8 15s to £9 10 per head; store cattle sold freely at from £6 5s to &7 10s ; and £B'for 2 and 3-year-old steers ; milch cows, £lO to"£l3 10s per head; one extra prime cow, very fat, at £ls. We quote fat cattle at 35s per lOOlbs. The trade at the present time is fairly supplied, and there is little or no competition except for very prime. In the course of a few weeks we expect to be able to quote a considerable advance in price. In sheep.'we yarded and sold 2499 of all descriptions; for the Hon E. Gray, Messrs H. F. Gray, C. Wason, J. Boag, J. Bowie, H. Eevell, J.gHurse, Heywood and Bowron, Henderson, Kowe, and others, viz:—6B cross-bred wethers, at 19s 6d, for Mr H. F. Gray; 149 crossbred wethers, at 188 and 18s 3d, for Mr J. Boag; 256 cross-bred Downs, at 16s 6d, for Mr J. Hurse; 89 cross-bred wethers, at 16s6d, to 17s ; also, 68 ewes, at 14s 6d, jfor Messrs Heywood and Bowron; 220 cross-bred wethers, at 17s 3d, for Mr John Bowie; 160 cross-breds, at 17s 6d, for Mr Stephen Harris; 119 cross-breds for Mr Rowe, at 158; 93 cross-bred ewes in lamb, at 16s, for Mr Brown; 182 cross-bred stores, at 9s 6d, for Hon E. Gray; 420 cross-bred wethers, at 14s 6d, and 81 at 13s 3d, for Mr H. Eevell; 86 cross-breds for Mr Henderson, at 15s to )5s 6d; 319 merino wethers for Mr C. Wason, at lis 6d, lis 9d, and 12s per head, and several lines for various owners. Sheep sold remarkably well throughout; the quality was very superior. Outside of those sold by us was a draft of very superior merino wethers, from the Acton Station, sold by Mr Aikman, at 14s 6d per head. These may safely be placed as the best merino wethers through the market this season. We quote prime mutton 3Jd per lb, with good demand and medium supply. In store sheep we have sold 4000 station wethers at 7s per head, and several small lines of paddock sheep at current rates. There is a very large demand for cross-bred lambs, with but few in the market. We could place several thousand atprices from 8s to 9s 6d per head. At Kiccarton on Monday last we sold, on account of Mr John Deans, 60 head of bullocks, Homebush-bred cattle, grazed at Eiecarton, four or five years old, at prices ranging from £9 10s to £l2 10s, making an average of £ll 7s per head. On Thursday at the wool stores a very lar«-e supply of sheepskins, also hides, tallow &e, came to hand. Prices for sheepskins were in advance of the preceding week, and we quote best butcher's cross-breds 6s to 7s 6d eacli ; ordinary to good, 5s to 5s lOd ; merinos, very good, 5s 6d to 6s 3d each; ordinary, 4s 6d to 4s 8d each ; boiler's skins, 3s 6d to 4s Id each; hoggets, at 3s 6d to 5s 9d each ; hides, salted, per lb ; green, 4d ; calf 6d per lb ; rough fat, 2Jd to 2-Jd per lb.