COMMERCIAL.

Globe, Volume V, Issue 546, 18 March 1876, Page 2

COMMERCIAL.

Considering the now advanced stage ot the grain season, business continues comparatively dull, caused probably by lowness of prices. We have no Improvement however to note, in fact prices ol all kinds of grain are undoubtedly easier, oats and barley-espeeially. and buyers are not at all anxious td?,give prices recently ruling; wheat has been offering in fair sized parcels during the week, but sales have been limited, dealers refusing to give late quotations, whilst sellers seek an advance, which in buyers’ opinions is not justified in the low rates now ruling in the home and Australian markets. For good milling we quote 3s 9d for forward delivery as buyers’ rates, and for extra choice quality 3s lOd. Oats do not improve, and as stocks, for want ot outside enquiries, keep increasing, buyers aie unwilling 1o lay in more, and now oiler Is 7d to is 7sd. Prime malting barley only meets with enquiry at various prices, whilst inferior samples are quite unsaleable. Miller’s quotations are unchanged at £lO in sacks f.o.b. Dairy produce continues in fair demand, and ample supplies are now being brought in. For prime butter, buyers at present offer lOd; but owing to the extremely favorable weather for producing abundant feed, we look to lower prices. Cheese is easier, and several lots have changed hands during the week at 7sd, Hams and bacon are without alteration, and a good export trade has been done at lOd fob. Business in the import markets has been rather dull during the past week. Several sales of best brands of stout have been quitted at lis to lls 6d. Bottled ales do not move oil freely, few small sales have been effected at lls to Is 6d. Bass’s bulk ale has been placed in trade parcels at £9 10s to £lO per hhd. Sugars have commanded fair trade sale, white crystals realising £32 to £34 1.b.; yellow counters, for up-country stores,.meet with favor at £29 to £29 lUs i.b. Teas—We have nothing bevond trade sales to report, at full rates. A fair trade has been done in Hennessy’s brandy at 8s 3d to 8s 6d ior small lots ; case realises 30s 6d to 31s • Clouzeau’s bulk brandy meets with good sale at 6s 9d to 7s In parcels. A large parcel of W.I, rum has been sold to arrive at price withheld. Slates are quoted at £l3 to £l3 10s for large parcels. * few sales have come under our notice at these figures. We hear of a line of 500 casks cement sold to arrive at 19s 6d f.0.b., Lyttelton ; the local demand is very good, and large sales are constantly taking place at 20s 3d to 20s 6d. Galvanised iron is ‘ very dull, and meets with slow sale. Report on Mr Wilkin’s wool sale, held at the Ne w Zealand Wool Stores on Thursday, 16th :-Cross, 2 bales at sd; HR, 4 bales at Sid; JF conjoined, 2 bales at 8d ; GMe conjoined, 4 bales at Sd ; MG, 4 bales Sj|d ; two diamonds, 4 bales at 9d; OR conioined, I bale at 4d ; P, 1 bale at 4}d, Montrose, 3 bales at 4d ; MG. 7 * bales at Bjd ; JF, 2 bales at 9id • AB, 2 bales at 9d ; Maron.m, 2 bales at 9,d. 3 do. at BJd; CM. 2 bales at. 8*; MG, 2 I ales at 41d ; Bin & circle, 8 bales at 3^d; W PI, 2 bales at Gd; A. over 1,2 bales at 9id ; sdo at 9jd; C, 4 bales at 5d ; HP. 4 bales at 9id; HJ conjoined. 2 biles at9d; MC, i-bale at 3id ; WH, 1 bale at 2d ; HR, 1 bale at 4jd; two diamonds, 1 bale at 6id; *-bale at 6d ; R and two crosses, i-bale at 7*d ; CJ3 in diamond, 1 bale, scoured, atls4d; GMc conjoined, 4 bale at 6|d; P, 2 bales at 8-id ; ED conjoined, 5 bales at 8d ;L, 2 bales at 9d; Bin diamond, 4 kales at Bjd: Spur brand, 1 bale at 9jd ; Maronan, 1 bale at B-Jd ; la, 1 bale at 2jd; C over L conjoined, 1 bale at 9d ; XX. * bale at 3W ; G over G, i bale at Bid-A over 1. 1 tale at 6d; EOE, 1 bale at 9^d; tt.’i bale at 4id : JS, 1 bale at 7rfd; JF, 1 bale at 10a; Montrose, 1 bale at Bid ; J. Palmer, 23 bags, pieces, 3d. Mr W. H. Hargreaves sold by auction yesterday «t the Railway Station, an entire cargo of V.D.L. timber and palings, ex Natal Queen, when the following prices were realised : —Timber, 13s 6d, 14s, 14s 6d. 16s, and 15s 6d ; sft palings, 14s 6d and 15s ; 6ft palings, 15s and 15s 6d ; shingles, 17s 6d. Dunedin.—Messrs Wright, Stephenson and Co. report for the week ending lltb March, 1876, as follows:—Fat Cattle—l6s head, consisting of middling to good quality, came forward. We sold 36 head, at £lO to £l 210 s for bullocks, and £7 10s to £lO for cows; prices equal to 30a| per IOOIbs for good quality, and 26s for medium do. Fat CalvesTen were yarded, which brought 35s to 70s each. Fat Sheep—The excessive supply of 4000 head, nearly all of good quality, caused prices to decline fully 28 per head. About one-half were sold, the remainder being held over for next week. We sold 980 at lls to 13s for cross-breds, and 7s 6d to lls 6d for merinos. We quote prime mutton, 2Jd per lb. Privately, we sold 450 cross-breds at lls. Fat Lambs—3oo were penned, which brought from 8s to Bs 6d. Store Cattle—We have no transactions to report. Store Sheep—We have still a great many Inquiries for young sheep, both merino and cross-bred, but buyers display some indisposition to give late rates, especially for crossbreds. We quote cross-breds. 4 and G-tooth, 8s 6d to 9s ■ do 2-tooth, 7s 6d ; do lambs, 6s to 7s 6d ; merino wethers, 2,4, and G-tooth, 5s Gd ;do fullmouthed, 3s to 3s 6d ;do ewes, 2,4, and 6-tooth, 6s 6d to 7s ; do, full-mouthed, 2s 6d to 3s. At above Quotations we have sold 6000 merino wethers and ewes, lull-mouthed. Horses—Heavy draughts continue dull of sale, but good strong coach or cab horses are in fair request. We quote first-class draughts, £SO to £65; medium do, £4O to £SO ; light do £27 to £3B; good hacks and light harness horses, £22 to £3O; medium do, £l4 to £2O ; light and inferior. £3 to £lO, Wool—The cable telegrams just received, advising that “ The February sales closed dull. 107,000 bales catalogued, 40,000 exported; combing averaged about last February prices ; probable stock for next sale, 250,000 bales,” had the effect of lowering values iu this market. At our eighth weekly sale, held on Thursday, there was a fair attendance ot buyers, but the biddings lacked spirit, and the prices obtained show a decline on late rates. We annex list of brands, and particulars ot lots sold:—Greasy half-bred, Rb, 6 bales, 9M: do merino, do, 3 bales, B§d ; do pieces, do. 1 bale, 6Jd ; do locks, do, 1 bale, did ; do locks, B, 1 radge, 3?d; do mixed fleeces, over M, 1 bag. 7d ;do locks, do, 2 bags, 3jd; do merino and crossbred ’W, 4 bags, 84d; washed locks, over JT !'Z bags, 4Jd; do do, DMD, 1 bag, 4 ; \d: greesy do, AM, 1 bag, 2id; greasy pieces, U, 1 fadee sid • greasy bait-bred and merino, M, 1 bale, cross-bred, circle with lines, 1 bale and 1 bag! 8ld; scoured merino, U, 1 bale, 15|d ; greasy merino and half-bred do, 1 bale, 7j}d; do, do. C over n n 5 do, 8 7-8 d ; do rams and mixed, do, 1 do, s ?-8d; do cross-bred, Mt Ida Co over Eweburn, 4 do, lOd : do merino do, 4 bales, Bfd; do double neece and dingy, do. 2 bales. 7£d; do pieces and black fleece, do, 3 do, 6fd; do locks, do, 1 do, 3jd; do merino, over M, 1 do, 9d; do do. n, 8 bales, 9d; do cross-bred, _ over JT, 1 do. 9*d; do mixed fleece, do. 1 bale, 9jd. Sheepskins.—At our weekly sale there was a full attendence ot buyers, and prices obtained were about equal to last weeks rates. We sold station skins, half-breds, at is fid to 58 6d each, and 6 7-8 d per lb ; merino. Is 4d to 68 3d each ; pelts, 5d to lid each. Grain-Wheat is In fair request, and prime samples saleable up to 4s 9d per bushel for immediate delivery, at which . price we have sold a parcel from the Windsor Park estate. We quote prime at-4s 6dto4si 9d per bushel; medium, 4»3d to 4s 4d. Oats are in tair request, at from Is 9d for feed, up to Is lid for prime milling’. Barley—Prime malting In fair demand, at up to 5s per Miibel \ medium samples, at ‘is to W,