COMMERCIAL.

Globe, Volume IV, Issue 460, 4 December 1875, Page 2

COMMERCIAL.

The grain m-rket has been very inactive during the past week, only one or two transactions of an important character having come under our notice. Wheat continues in fair demand for milling purposes. There is lit tle enquiry for oats from outside markets, and prices appear to be daily becoming ■weaker. Millers’ quotations for flour, bran, &c, remain unaltered. Only a retail business is being done in potatoes. A good demand is felt for dairy produce, but buyers aro very cautious in purchasing in the face of falling prices. Owing to an extra consumption of hams and bacon about this season of the year, coupled with easier prices, the exports seem slightly increased. Buyers’ quotations are— Prime milling wheat, 4s; oats, 2s 2d to 2s 3d; flour, £9 10s in sacks, £9 17s 6d in lOolb bags, £lO 5s In 501 b bags; bran, £4 10s; sharps, £5 10s; cheese (old), 8-id; butter, 8d; hams and bacon (cloth), lid. Business in the import markets lias been fairly brisk during the past week. Mauritius sugars have been disposed of freely in trade parcels at the following rates White crystals, £33 to £34, yellow, £32 5s to £32 10s; yellow counters, 2Ss to 30s l.b. The usual good trade sales have taken place in teas at full rates. Hennessy’s pale brandy has been disposed of in large lots at 8s 3d ; case is eagerly inquired for, and worth 31s 6d to 325. We hear of a large parcel of Clouzeau’s bulk brandy changing hands at 6s 9d i.b.; other good second brands command fair sale. Hum meets with a fair amount of attenf on at full rates. Dunville’s bulk whisky has been disposed of at 6s 3d to 6s 6d. Small parcels of bottled stouts, best brands, have been taken up at lls 9d to 12s. Woolpacks are moving off slowly at 3s 9d to 4s. Cement is in very good demand; several parcels are under ofler at 2is 6d ; we understand 21s has been refused for a large parcel now landing. We note the City Council have advertised for tenders for the delivery of 2000 casks; this should tend to harden the market, as the stocks held are rather small. Galvanised iron is freely Offered to arrive at £34. Blue Countess slates—A parcel of these have changed hands at price withheld, but we believe about £l4 per thousand. Soda crystals are low in stock, lls Bel to lls 9d has been paid for moderate parcels now landing. Dried fruits are still scarce, and will be so until ships in port discharge their cargoes; currants are worth 4£d to 6id; sultanas 7|d to 8d; Elemes 7d. Messrs J. T, Ford and Co report on the livestock market, for the week ending Friday, the 3rd Instant, as follows .—At the Addington Saleyards on Wednesday last 3138 sheep and 275 head of cattle were brought to hand. The market was well attended by buyers for both fat and store stock. Young cattle and stores for grazing were eagerly competed for, and brought extreme prices, consequent from the quantity of surplus feed on our pastures, and for such class of stock we do not anticipate any decline in values till the autumn. Fat cattle are bringing about 27s 6d per lOOlbs, and for prime heifers of 6501bs higher rates are obtainable. The sheep market was very brisk, and every lot was disposed of at quite equal to 2-Jd per lb for fat sheep. Store crossbreds for paddock purposes are enquired for, and in their wool are selling at from lls to 13s each, according to condition and quality. Shorn cross-breds are bringing Horn Gs 6d to 7s Gd and 8s each for grazing purposes, and merino ewes, in their wool, with a fair percentage of lambs at loot, arc bringing from 7s 6d to 8s 6d each. Store merino wethers are bringing about Is each, but the demand for them is very limited, and until their fleeces become more valuable, we do not consider higher rates will be paid for this class of stock. We sold on account of Hons E. W. Stafford. J, Hall, ana W. Robinson, and Messrs Uudd, Graham, Cook, Pannett, Geddings, Delamain, and others, 1050 sheep and 80 head of cattle, at above quotations, and during the past month we have placed privately for Hon W. Robinson, aline ot fat cross-breds from the Cheviot Stalion. at 10s Od each. In station properties, we have also sold the Simon’s Pass run with 10,000 sheep, the property of G. Gould, Esq, to Messrs Matheson Bros, for £9OOO. In conjunction with li. Wilkin, Esq, wo have also disposed of the Messrs Sutton Bios Lincoln rams, and about 70 very superior sheep, at prices varying from £lO each to £IOO each. Also, for—Kitchen, Esq, the celebrated short-horn bull King of the Butterflies to the Eiccarton trustees at 500 guineas; Romney }«B«, »t 30 guineas each, Also, on acoouut of H

J. Hall, Esq. a line of Lincoln ewe hoggets, at prices varying from £4 4s to £6 6s each, and Lincoln ram hoggets at £5 ss. Also, on account of Joshua Page. Esq, two short-horn heifers at 50 guineas each, and a calf at 20 guineas. We also sold on account of A. A. Fantham, Esq, two bull calves at from 33 guineas to 45 guineas each. We have pending the sale of several station properties, but as matters arc not strictly closed, we withhold our remarks on the same. We would here remind capitalists seeking investment that on the 9th inat, at Messrs Miles. Hassal and (Jo’s saleroom, we shall offer by public auction, the Snerwood Downs Kun, the property of .Messrs Raine Bros, which will be sold in consequence of dissolution ot partnership. Messrs H. Matson and Co report on the live stock market, &c, for the week ending Friday, 3rd December, 1875:—At tile Addington Yards, ot Wedues lay, 273 head of cattle, and 3338 sheep and lambs came to hand, biddings were brisk throughout the sale, and prices realised decidedly good. In cattle our sales comprised 199 head for Messrs Fergusson, Fay, Corr, F Lane, Biook, Townsend, Page, M. tones, M’Lelland, Farnham, Keith, seur, Council, Diekeu on, Livingston, and others, at (or tat cattle, light weights, £3 15s to £9 15s; young slock sold at extravagant rates, when compared witli the price realised for fat cattle ; the abundance of grass now in the paddocks causing a brisk demand for all classes of store cattle, the prices obtained for such are far in advance of any previous season. In sheep, our sales comprised 1814, for Messrs Hurse, Pearson, Greaves, Grigg, Smith, Henderson, Gallatly, Ryan, Lawry, Marchant, Dads, Dryden, Hogan, Hampton, as follows 878 cross-breds, 2-tooth in wool, shorn once, at 12s 3d per head, for Mr James Hurse ; 65 shorn cross-breds, at 9s and 9s 3d, for Mr Pearson ; 56 do at 8s 9d, for Mr Greaves : 79 cross-breds, at 9s Cd, for Mr Gellatley ; 80 cross-breds, 2-tooth, at 6s 3d; 29 long - wool hoggets, at 15s; 104 cross-breds, at 9s 6d, for Mr W. Marchant; 242 merinoes, at 4s 9d, and sundry small lines at full rates. Fat lambs at irom 6s 6d to 11s per head. Wool, skins, hides, and tallow—Daring the week we held a wool sale, when 220 bales of long-wool and merino, besides numerous fadges and bags were catalogued. The attendance of buyers were limited and biddings devoid of animation. About 130 bales were disposed of at to 9d per lb for merino, and 9£d to IOJd for oross-hred wools, being equal 1 o a drop of from id to Id per lb in comparison to prices realised at our opening sale; detailed particulars were published in Thursday’s papers. On Thursday a fair supply of sheepskins, hides, and tallow, came to hand; sheepskins sold at an advance of from 2d to 3d ; pelts, I2d to 6d each ; lambskins, Is to Is 6d each; hides, under 40lbs, salted, at 4gd; over, at 4d; green, under 40lhs, at 4id; over at 4d ; calfskins, per lb; rough fat, 2-£d per lb. Privately, during the early portion of the week, we disposed of several clips of wool at 10ijd to lid per lb.