COMMERCIAL.

Globe, Volume VII, Issue 754, 18 November 1876, Page 2

COMMERCIAL.

Although little business has been done in the grain market during the week, prices continue linn more especially of wheat, the value of which appears to be daily increasing, in tact for any very prime samples almost any price could be obtained, stocks in exporters’ hands being quite out, and m millers’ extremely" low. Oats, although without actual change, are scarcely in such good enquiry, prices In Australia having lately dropped somewhat. Barley meets with no enquiry. For Hour, millers quote £ls t.o.b. in sacks for small parcels, for any quantity £l6 is asked. Potatoes meet with little outside demand, and business is now almost entirely confined to retailers. Butter continues to come in freely. Cheese is also ollering. The sale of both quiet. Hams and bacon are in good enquiry for export; prices are unaltered. Buyers’ quotations are—Wheat, 5s 3d to 5s 6d : oats, 2s to 2s 3d ; flour, £ls; bran, £1108; oatmeal, £l3 ; butter, SJd; cheese, 6jd; hams ai d bacon, bare, 0d; cloth, Did. A fair amount of business has been transacted in the import markets considering the wet weather experienced during the latter part of the week. We have to report a considerable rise in brandies, which arc now held for an advance of fully a shilling a gallon on our last quotations. Recent telegrams to hand from Melbourne report lleunessy’s at 9s to fls 3d, for bulk; case, 325. Telegrams have been received from London quoting this brand at 7s 6d for bulk, and 27s for case, and orders lor the former declined. Stocks here are rather low, and importers are asking long prices for all brands, in case and bulk. Wc hear of a sale of a noted second brand at 7s 6d i.b. Wolfe’s schnapps have shown improvement; several sales have been effected at 22s (id i.b. Good ordinary trade sales have taken place in other lines of spirits at satisfactory rates. Tobaccoes show more firmness in the Australian markets, consequently prices have Hardened here somewhat, good twists realising is 9d, and other lines in like proportion. TeaPair trade sales have been made, at satisfactory rates. A cargo of new season’s teas is expected here next month. Bottled ales and stouts are moving off fairly, at 11 s to 12s d.p. according to brands. Currants are in request, at si-d to sid; muscate’s, llld to Is. Sugars—A moderate amount of business has been transacted In whites, at £32 10s to £34 i.b. Wc note the balance of the cargo ex Espicgle, will be ottered by public auction on Tuesday next. Cement—We notice the acceptance of the tender for 2000 casks (delivered as requested for the City Council) at 16s 4Jd per cask, d.p. Woolpacks are very scarce, and are held tor 3s 6d, Large station orders for wire and standards have been executed, which has left the market rather bare of these lines. Fencing wire, in lines, has been sold at £l7 to £l9s 10s, for Nos 6to 8. Soda crystals find purchasers at £9los. Boiled oil has been disposed of at 4s 3d, in lines. The English mail, via Suez, arrived on Wednesday. The outward mail, via Sau Francisco, left on Thursday, and the outward mail, via Suez, &c, leaves on Monday. The ship Langston arrived from London on the 12th inst, with full cargo of general merchandise. The Rio, from Mauritius, with cargo of sugar, also arrived that day.

Messrs H. Matson [and. Co report on the live stock, land, ;wool. skin, hide, and tallow market for the week ending Thursday, 16th November, 1876, as follows.—At the Addington market on Wednesday last, 299 head of cattle and 5735 sheep came to hand for the week’s supply. There was a large attendance of purchasers, and sales were made with comparative ease. Beef suffered in many instances to the extent of 5s per 10010, when compared with late rates. We must look for full supplies during the next few months, and consequently less values. The country is now lull of feed, and all classes of stock are doing remarkably well. The demand for young cattle and good descriptions of store sheep continues as brisk as ever. Our entries for the day comprised 176 head of cattle and 3000 sheep, for Sir Cracrott Wilson, Messrs 11. F. Gray, Thomas Dowling, F H. Brittan, Wright and Muiray, Barker, C. E. D. Malthus, Chamberlain and Hartnall, Niven and Barnard, P. Elder, Townsend, Elchard Wright, J. Bruce, J. Graham, G. H. Sharp, J. Davis, Leadley, Patterson, Wills, Galletley, Mcßeath; Aitken, Bradshaw, Gilmour, Hay, Tubman, Storey, Sunderland. Kennedy, Modson, G. Kinley, Slmmonds, Mullins, Ferguson, and others. In beef—We sold light weights, medium quality, from £9 10s to £ll per head; springers and milch cows, from £6 10s to £9 10s to £l3 10s per head; two year olds, £6 10s to £7 153 per head; yearlings to 15 months old cattle, £4 2s Cd to £4 l/s 6d per head. We quote beef at 27s Cd to 30s for ordinary, up to 328 6d for very prime light weights. In sheep we sold 114 cross-breds in wool for Mr H. F. Gray at 16s to 16s 6d; 120 shorn do and merino at 10s for Mr Thos Dowling; 347 cross-breds in wool at 14s, 260 do at 12s to 12s 3d, and 141 shorn twotooths at 9s for Messrs Chamberlain and Hartnall; 200 shorn cross-breds at 8s 9d, 9s, to 10s 3d for Mr C. E. D. Malthus; 230 ewes and lambs, shorn, at 9s for Messrs Niven and Barnard; 78 shorn two-tooths at 6s 3d for Mr Townsend; 147 crossbreds, shorn, at 8s for Mr K. Wright; 10l shorn cross-breds at 9s 6d for Sir C. Wilson; 100 at 16s 9d for Mr D. Davis; 116 do at 8s 9d for Mr J. Bruce; 144 do at 8s 3d to 11s 3d for Mr G. H. Sharp; 313 do at lls 3d and lie 6d for Messrs Wright and Murray ; 310 do, ewes with lamb, at 8s for Mr Elder; 190 merino ewes in wool, with lamb, inferior, at 7s 9d per head; and sundry lines at current rates. Fat lambs at from 5s 6d, 6s 6d to Bs, 9s, 9s 6d tolos3dp r head. Wool, sheep skins, hides, and tallow —This season’s clip of wool is coming to hand freely. The opening sale of the year takes pluceon theSistof November, when several hundred bales will be submitted. On Thursday, at our wool stores, we catalogued over 3000 skins, 70 bides, and a quantity ot rough fat. Best butchers’ cross-breds made from 4s lid to 5s 3d eaeh ; medium. 4s to 4s 6d , beet do merino, at 4s 6d to 4- lid ; medium, 3s tfd to 4s 4d each; lambs, from 7d, 9d, to Is each : station and farm skins at full rates, salted hides, 3-id per lb ; fresh, 2|d per lb ; calf, 5Jd per lb; rough fat, lid, 2(1, to 2id per lb; cask tallow. 2jd per lb. On Saturday, at show grounds, we sold 5 .Lincoln ewes at 184 guineas each ; 26 Lincoln ewe hoggets, from 3gs to Cgs each; 24 Lincoln ram hoggets, at3gstosgs each, 1 7 Lincoln ewes with lames, at 3igs each, and 5 do at £5 5s each. We also offered a number ot bulls, imported and colonial bred, for Messrs Hay, Boag, Deans, Grlgg, Duncan, and others, but only effected a few sales. We also sold for Messrs Hay and Maydwell a number of Berkshire pigs at from 2gs to 5-igs each.

Messrs J, T. Ford and Co report on the live stock market for the week ending Friday, the 17th Instant, as follows In consequence of the metropolitan meeting and the agricultural show, the usual market was postponed to the 15th, giving a double supply as it were. 6735 sheep and 299 head of cattle came to hand, and with one or two exception.,, in cattle only, every line was cleared. The demand for all kinds was active, and the supply ol store cross-breds was nor equal to the requirements of purchasers. Mutton in the wool may be quot< d at equal to 3d per lb, and shorn sheep of good ■weights at 21d, and in some instances a trifle over. The prices lor fat cattle during the day varied at least from 3s to 7s (id per IOOIbs, ranging from 23s up to 35s per IOOIbs. The top price included some special entries made by Mr S Garforth of some really marrnificeut heifers that would have done credit to any market in the world, and sold by our Arm at the top price lor the day to Mr McLeish, of Timaru Store cattle are still in good demand, with. an insuflipleat supply of gootl useful sraaiera at hand. We

are of opinion that the price of store sheep and cattle will be maintained for some time to come, as tiie genial rains we are now getting will flood our pastures with feed. Oir entries were on account of Messrs Andrew, Turnbull, Belfast Co, Cordon, R. M. Bovcy. Robertson, H. Parker, J Maddison, Koir, McClelland. Anson, Tosswill, 11. Dykes, Geddings, Clarkson Bros, S. Garforth, Wm Keith, jun. Burns, La nay, and others, comprising 2100 sheep and 84 head of cattle, at prices as above quotation. At the association grounds, on Saturday last, our sales were on account of Messrs J. R; Hill, R. M. Morten, J. D. Canning, of Napier, 11. J. Hall, G. Gould. J. Cordy. M. Fawcett, J. Ilaydou, Thrclkold. Williams, T. 11. Murray, Ac, comprising Lincoln and Leicester sheep, Cotswold rams, short horned cattle, entire horses, and pure-hred Berkshire pigs, but as prices and particulars of the sale were given by the reporters, we have only to add that they were very satisfactory, and that wc cleared all our entries. On Friday, the 10th, at the New Zealand Wool Stores, wc held an auction on account of Measrs Dalgety, Nichols and Co, to clear a consignment of merino rams from the high class docks of Sir Samuel Wilson, of Ercildotine ; J. Wilson, of Gala; Thos Shaw, jun, J. L. Currie, of Larva; and Mr Philip Russel, of Carugham. The attendance was very good, hntthe biddings were by no means equal to /the quality of the stock offered Many good breeders and good judges pronounced them to be the very class of merino rams adapted for our province and docks, and they al=o brought characters from Australia with them as being brothers to sheep sold at the late Melbourne sales at prices varying from RIO to £ls each. Out of the 106 rams submitted, we succeeded in placing 72, at prices from £6 to £8 each. On Monday we held an auction at Amberley, on account of Messrs Beun and Parkerson, of live and dead stock, &c, and succeeded in selling about 40 horses, 20 head of cattle, and about 200 cross-bred sheep. The sale was well attended, and biddings fairly brisk.