COMMERCIAL.

Hawke's Bay Times, Volume V, Issue 237, 10 March 1865, Page 2

COMMERCIAL.

DEI YETI, MACLEAN & CO.’s MONTHLY REPOET. Dunedin, N.Z., February Uitli, 1565. The importation of Fat Stock since our last has been 335 head by the Rutgers” “ Driver,” and Star of tho South,” and wo hope that cautioned by present losses, importers will be more guarded in shipping stock to our limited markets. The very choicest of ship cattle are seldom able alter the voyage to bear a journey inland, and buyers there will only purchase for immediate consumption, still we have disposed of nearly 300 head through this channel since our last, and to this disposal alone we may ascribe the comparative steadiness of our market at present. Fat Cattle. —We have sold 606 head, 128 of which were Provincial bred. The whole including imported have been sold at prices varying from £6 to £ls 10s each ; 246 of the lot, Utile better than Stores, and not guaranteed free from disease, cleared off at £3 each. Price per 100 lbs purely’ nominal, but every’ evidence now of a steadier future and better prices, particularly if the market is not glutted with heavy importations. Store Cattle.— In the present state of our market, there can be no transactions of importance. Runholdors are very cautious in dealing with ihis class of stock, not knowing what will be the effect of the opening of the ports, but as the importations thus far have resttlted in a loss to the shipper, we may reasonably expect but few arrivals in future, and consequently a better demand for good healthy stores. We have sold a few small lots, at prices which can scarcely be quoted as market rates. Fat Calves still meet a ready sale. Our sales ore from £2 10s to £4l2s 0(1 each. Fat JVedders.— Our market during the past month has fluctuated considerably, at present rather; full. Sales have been effected at 4Jd, even higher hitherto during the month, hut from advices of Provincial lots on the way now, there will be difficulty in maintaining that rate. Store Sheep.—2, 4, and 6-tooth ewes wc have sold 4900, at average 23s each; 4,6 and 8 tooth have beeu sold at 18s. Lambs, 22s to 24s per pair very saleable. Store wedders, few transactions; we have sold 1200 2-tooth at 15s each, and wedder lambs at 10s each. Station Properties.— We have to report the sale of Messrs Hamilton & Waynes’ Run, 45,000 acres and 10,000 sheep, for £18,000; and John Jones, Esq., Coal Creek Station, 30,000 acres and, 20,000 sheep, for £24.000, both to Dillon BeU, Esq. We would request the attention of our friends to the sale by Messrs Sides k Co., Christchurch, of 40.000 acres, with 7,500 sheep, situated at the Kaikoura, province of Marlborough, on 31st Slarch. Wool. —This market has exhibited greater animation and firmness since tbe arrival of the London mail of November, advising results of the first nine days’ sales then in progress, showing that reduction of discount and consequent eate in the money market was all that was required to give a firm tone to the wool market, which has been responded to in the price catalogues to hand, and we have been confirmed in our future opinion of this market stated in our last month’s report, and are gratified that the high tone we maintained during the langour so manifest at the close of 1564 has resulted successfully. Wo now report a much more lively month, which is more particularly marked in washed wools and scoured, descriptions which have,until the commencement of this month, been quite neglected by buyers,—wools in grease having been the only wool well competed for at our sales, and many' <if our innholders who have not taken advantage of the high rates scourers have offered at our sales will, we fear, regret shipping in grease, as though the home trade seems in a very healthy state, and the price of wool is assuming a steady tone, yet the fact of so large an increase in imports for the year 1864 of 58,000 hales and a corresponding increase in 1565, will keep prices from having any upward tendency, and only a large increased demand prevent prices receding, so that all ill-conditioned, wasty, heavy grease wool will he indifferently competed for, and show little if any better prices in London with increased charges than were offered and could have been sold in Dunedin. Washed wools, that is those lots which can he valued as washed, have h:rn much in inquiry this month and at our last sale wo succeeded in clearing off satisfactorily several parcels, and one lot well got up we were • offered at auction 20Jd, and had the whole parcel been in store, we could have placed it. immediately after the sale, at 21d. Scoured wools have been much sought after, and really superior parcels well competed for, and we have buyers at corresponding rates for unlimited quantities of well-known brands. Two ships have sailed this month, as our shipping table denotes, and this month will show export of over 10,000 bales. Our quotations are:—Scoured

fleece wool, 2ld to 25d; do. skin wool, 14d to 31d; washed fleece, 17fd to 21d; inferior fleece, 15d to 16d; greasy fleece, 9d to lid; do. lambs, lOd to 12d. Sheepskins. —We have held our usual auction sales, at •which good competition has brought satisfactory rates—wool skins bringing 7|d per lb., and pelts from 6d to Is each. Hides. —Our sates have been well attended by buyers, and by our system of classifying, great results have been achieved for the interest of the vendors, as will be seen by our quotations, which are reports of actual sales, some Heavy Hides netting over 18s each; Heavy Hides sold at 2]d to 2id lb. Medium Hides sold at 2d to 2-d per lb. Light Hides sold at 1-Jd to I’d. Damaged and inferior, 2b 6d to 6s 6d each. Exports this month about 5000 bides. Tallow.— Only very small lots are offering; there is a good demand both by shippers and town melters, but no parcels offering worth attention of the former. We have sold slaughters rendering mixed beef and mutton at £27 ! to £2B per ton. Priced-Catalogue, 27th January.

Description. Mark. Bales. Price. Skippers Sola lor Scouring Greasy broken Cross over GG 2 7 2 „ pieces 0 in diamond 1 4i 1 „ looks S&B 7 3* 7 j; » T ' 1 a 1 „ fleece G half circle X 8} 7 )» » At 3 ii 3 »» » Cross over GG 9 10 9 „ locks 1 4J 1 „ fleece LL G 10 6 G x M, Taieri » » take 48 10 48 „ pieces 9. H 2 „ locks „ 3 si 0 fleece WM 5 10 s „ ,, S in diamond 9 8} 2 Scoured fleece JS & Co. 7 25 7 „ B &:Co. 4 21 4 locks “ 4 16 4 Slipe lambs 1 i5i i “ wool “ 1 141 1 Fleece, part washed wc 4 15 s 4 Toial sold 117 20 07 Priced Catalogue, 7th February. Greasy fleece S&F 1 9 1 „ J. JTB 30 10 20 » » G s M, Taieri 95 101 or, take „ lambs X 9| i lf X m i „ pieces X S i „ locks I 41 i Scoured fleece WTO 57 211 57 „ discolored 2 15 2 fleece S&F 3 21-1 a Fleece C & E in dia 36 17J 36 raond W3I 59 52 „ * k 0, 8-| 2 ” T 60 18 60 Tot al sold 271 221 50