COMMERCIAL.

Globe, Volume IV, Issue 420, 16 October 1875, Page 2

COMMERCIAL.

0»r grain trade continues in much the same quiet condition as reported last week. Sales of wheat have been few in number, and farmers are now more inclined to accept the current rales than they were a week ago. Millers have got sufficient for immediate requirements, and at the present price of Hour they are not likely to lay in heavy stocks. We understand a leading miller unsuccessfully offered a large parcel in preference to grinding. In the face of drooping English prices merchants here are not inclined to operate except at considerably reduced rates. Wc notice an entire absence of enquiry for oats, and it is now evident that lower rates will rule ere long. Barley remains unsaleable at almost any price, a parcel being in the market at, 3s fid without finding a buyer. In flour the trade is quite local, outside markets being overstocked. Potatoes are exceedingly difficult to dispose of, and the producers are now reaping the result of holding too long. Dairy produce recedes in value as the season advances. Hams and bacon are without demand, and we will not be sirprised if curers reduce their prices; indeed, if the present rates continue, we may expect to see English and American cure again in the market. Buyers’quotations are—Prime milling wheat,4s to 4s 2d; prime oats, 2s 3d to 2s sd; feed oats. 2s ; barley, unsaleable at 3s fid; flour, £9 ins in sacks, £9 17s 6d in 1001 b bags, £lO 5s in 501 b bags; bran, £4 10s; sharps, £5 10s ; potatoes, £2 ; butter, 10$d; cheese, gjd- hams and bacon, nominal, bare Hid, cloth Is. Business in the import maikets has slightly improved during the past week, and will no doubt continue to do so as summer advances. In spirits we have not much to report. Hennessy’s case brandy has been offered freely at 3ls, and bulk at 88 3d to 8s 6d; the business done has been rather limited at these rates; other lines of spirits have met with usual trade sales. Bass’s East India pale ale has shown activity; several parcels have been quitted at £9 10s to £lO per hhd. Bottled stout has been placed freely; a line of 100 cases of Blood Wolf’s, just landed, has been taken up at lls Gd per doz Ales do not move off so freely; a few sales have taken place at lls 6d to lls 9d. Tobaccos have commanded lair trade sale, twists realising is 8d to Is 9d i.b. There has been very little done in sugar; buyers are holding back until arrival of Mauritius sugar now overdue. Stocks of the above sugar are very low. In the absence of best white crystals, crushed loal has benefited; several sales have been effected at 51s to 535. We have several trade sales to report in teas, at Is fid to Is lod, i.b. Several parcels of D.S F. mustard (Coleman’s), -Jib and lib tins have been quitted at 9s 9d, and 19s. Galvanised iron has been offered in large lines at £35. We understand considerable business has been done at this figure. Cement continues in good demand at 20s Gd to 2is. Candles are freely disposed of at lid, to arrive. Standard iron has been offering in parcels of 10 to 25 tons, at £l3. Currants are bought up at 4£d to 5Jd, according to samples.

Mr H. E. Alport reports upon ;the sales of live stock at the Addington Sale Yards on Wednesday last, as follows The prices ol'rfat cattle and sheep are at present unsettled, improving one week and falling the next; as a whole, present rates have proved a disappointment to graziers and dealers, who operated three or four months ago for higli prices during September and October. Sales of beef on Wednesday, were made at from 30s to 32s 6d per lOOlbs for good to prime : unshorn sheep, 2-Jd to 3d per lb; shorn, to 2d per lb. The market was well supplied with fat stock, and 'largely with store sheep. Several lots were passed in. The sales made were as undershorn sheep—Fat merino wethers, ss; medium weights, half-breds, 8s 6d to 9s 3d; sheep in wool—fat merino wethers ranged from 10s :>d to 15saccordingtoweight and quality; half-bred do, 13s to 225; store merino wethers, fair quality, 5s Od ; half-bred ewes and lambs, 14s ; heavy weights, prime quality, Fat steers, £ls to £22 ; medium weights, £l2; heavy prime heifers, £l4 15s; good quality cow«, medium;weights,;£lo to £lO 10s; delimiters, £7 to £8 10s ; store station cows, £2 IGs to £4 12s (id : do heifers and steers, 12 months to 2-yr-old, £llos to £3 17s 6d; springing heifers, £0 5s to £7 15s.

Messrs J. T. Ford and Co report on the live stock market, for the week ending Friday, the 15th instant, as follows:—At the Addington Yards on Wednesday Inst 5200 sheep and 300 head of cattle were brought to hand. We can report no alteration in value of beef or mutton since last week’s quotations, viz—for first quality beef, 35s to 37s Od per 1001 b, and mutton, out of wool, 1 Jd per lb; unshorn, 3id to per lb. With one or two exceptions for extra prime lots, the biddings were entirely devoid of spirit. Several lots were withdrawn, and ini such sales as were effected, the prices did not come up to owner’s expectations. Store sheep of all descriptions are selling comparatively much better than fat, and for good growing young cattle we consider the demand will continue active during this spring. There is also a demand for half-bred hoggetts, but holders of this class ot stock prefer shearing to selling at present rates. Our entries for Wednesday last were on account of Messrs J. T. Brown, W. B. Tosswill, Rountree Bros, K. Cook, and others, and sold at prices for say—(>oo merino wethers, on account MrJ. T. Brown, from 10s to 11s each ; 307 on account Mr E. Cook, each 8s 6d ; 108 cross-breds on account Mr W. B. Tossyyijl, leach 15s $ U 7 on account Kountree Bro» f each

7s 9<l, and privately wo sold fiflO cross-breds, on account Hon Win, Robinson, each 10s shorn, and also placed 1100 merino wethers, lor factory purposes, to Messrs Rountree, at Gs Oil each.

Messrs 11. Matson and Co report on the live stock market,Ac, for the week ending Friday, 15th October, 1875:—At Addington, on Wednesday, 3uo head of cattle, and 5200 sheet) came forward for the week; biddings throughout the sale were characterised by extreme dullness, even for picked pens little or no animation was displayed. The quantity of stock to hand was far in accc.-s of the demand; the backward spring is. the chief cause of the present depression in the stock trade, as holder.-, in consequence of the shortness of feed, are obliged to sell, whilst on the other hand, country buyers arc debarred from purchasing, thereby confining the competition to the local trade. In cattle our entries comprised 173 head, for Messrs M'Kenzic, Chamberlain, Grant, Wood, Phillpot, Ferguson, Corr, Wright, Ware, Maling, Hill, Sears. Kruse. Simpson, Culli ford, and others. Wo sold 1-3 head, and turned the balance out unsold, prices realised were not of a satisfactory nature, the great scarcity of feed in the paddocks being the chief cause. In sheep our entries comprised 3007 of all descriptions, for Sir J, C. Wilson, Messrs C. Hurst, Gould, and Cameron, Metcalf, J. S Manncring, Kcvell, March tint, Jeffrey, Wood, Gellatley, Withal], Blackmore, J. Wright, and others. We sold 343 extra prime merino wethers, remarkably good sheep, for .Messrs Gould and Cameron, from Springfield station, at 15s per head; 211 shorn, at for cross-breds, 8s (id to 0s 3d; merinos, only, ss, for Mr C. Hurst; 21, in woo], tor Mr Jeffrey, 10s to 22s per head; 185 cross-breds and merinos for Mr Manncring, at 10s, 10s 3d, to 12s (id per head; 810 merino ewes and wethers, in wool, at Gs, and 233 hoggets at ss, for Mr James Wright, Peninsula; 178 for Mr W. Blackmore, at, for hoggets, 10s (id, merino, 10s, cross-breds, 18s; 143 shorn cross-breds, for Sir J. C. Wilson, at 7s per head. Fat lambs, at 9s to 12s per bend. Several good lines ot capital sheep were turned out unsold. Sheepskins, hides, tallow—On Thursday our sales were successful, prices obtained being in advance of the week previous. Best cross-breds, 6s 9d, 7s, 7s Cd, to 8s; merinos, Cs, Gs 3d, Cs 7d, Cs 3d, to Gs 9d each, others in proportion. Hides, salted, under 401bs, at 5d per lb; over lOlbs, lid; green, under 4Ulbs; 4.4(1; over 40lbs, 3£d; calfskins, cut, 5-ld; sound, at 7id per lb. Rough fat, 2-Jd per lb. A t Lincoln fair yards on Tuesday wo disposed of 84 head of cattle for Messrs W. Gebbic, Manson, W. B. Andrews, Gayforth, I’aunett, Murray, and Wright, at very full prices.