COMMERCIAL.

Globe, Volume IV, Issue 389, 10 September 1875, Page 2

COMMERCIAL.

Dunedin—Messrs Wright, Stephenson, and Co. report, for the week ending 4th September as follows—Fat Cattle—There was but a scant supply, in consequence of which good quality brought extreme rates. 60 head were yarded, of which we sold 40 head at from £8 10s to £l7 10s. We quote prime quality at 50s per lOOlbs ; medium do, 32s 6d to 355. Privately, we sold 26 head. Fat Calves—Only a few were yarded, which we sold at 32s 6d to 80s each. Fat Sheep—The market continues fully stocked with prime mutton. 2500 were penned, consisting principally of cross-breds. We sold 850 cross-breds at 17s 6d to 20s, a few merino wethers at 15s 6d, and a few Lincoln wethers at 275. We quote prime mutton at 4d per lb. During the week we delivered to the trade 1250 cross-breds sold privately. Store Cattle and Store Sheep— We have no transactions to report in either class, but have enquiries for the former and for cross-bred sheep. Country Sales—We held our monthly sale at Palmerston on Thursday, the2nd inst. There was a good attendance of buyers, but very little stock came forward. We sold half-fat cows at £8 15s ; steers, two years old, at £4 15s to £5 12s 3d; draught horses at £27 to £3B; light saddle horses at £8 to £l4. Horses—There has been during the week a fair demand for both draughts and light harness horses. At our yards on Saturday we sold the remainder of Mr Trestrail's shipment ex Omeo at from £45 to £56; and also a fair number of light harness horses. We quote first-class draughts, £65 to £7O; medium do, £45 to £55; light do, £25 to [£3s; good hacks and light harness horses, £25 to £3O; medium do, £l4 to £18; light and inferior, £5 to £lO. Wool—London cable telegrams to 19th August report the opening of the August series of sales at an average decline of Id to 1-Jd per lb on May-June prices, the principal decline being in superior and medium washed New South Wales and Queensland wools. The sales having only opened on the 17th August, it is unlikely that any New Zealand wools had then been offered; and, as the reported decline lefersspecially to New South Wales and Queensland fine wools, there is every probability that New Zealand wools will not suffer to so great an extent, especially as trade in the manufacturing districts is reported as healthy. Sheepskins.—At our weekly sale, held on Friday, there was a full attendance of the trade. The cable-telegrams to hand, advising a fall of Id to lsd per lb on wool at the opening of the August series of sales had the effect of causiug a decline in values. We have, therefore, to report prices from 6d to 9d lower for full-woolled skins. We sold butchers' green skins, half-breds, at from 5s 5d to 6s Id; merinos, 4s 5d to 4s 8d each ; station skins, from 2s to 58 6d each. Hides.—We have no change to report in values. Well-conditioned lots are saleable at from 3|d to 4d per lb, We sold 60 medium weights at from 17s 9d to 20s 3d each. Grain. —Values remain without alteration. Wheat u in good demand, prime samples being saleable at from 4s 6d to 4s 7d per bushel; medium do, 4s 2d to 4s 4d ; fowls' feed, 3s 9d to 4s. Oats are moving off at 2s 8d to 2s 9d per bushel for good feed, and 2s lOd for milling samples. Barley saleable at 5s 6d to 5s 9d per bushel for prime malting.