Commercial Intelligence.

Hawke's Bay Times, Volume 8, Issue 390, 2 July 1866, Page 2

Commercial Intelligence.

OTAGO. Messrs DatvEß, Maclfak & Co.’s Live Stock, Station, and Wool Report. 18th June, 1866. As is usual nfc this season, transactions in stock have been rather limited, owing to the fact that our runholders generally have made the necessary changes in their flocks, to carry them over lambing and shearing. There are, however, numerous buyers for stock of almost every description, with but few undesirable lots offering. Our sales during the month realised prices quoted below: —

Fat Stock.—The market has been but indifferently supplied with either beef or mutton of prime quality; and although we do not anticipate excessive prices, we do not look for more than moderate supplies during the winter, and consequently prices will remain firm. We quote good quality beef at 45s to 47s 6d per 100 lbs.; do. do. mutton, at 4d to 4i-d per lb. Store Stock.—Very few sheep, of any description, are now offering, holders not wishing to disturb their ewe flocks at this season. A little later wo may expect a moderate quantity of ewes (in lamb) offered for sale, but at prices somewhat different from those now quoted. Wethers are in demand at prices named, which holders do not seem inclined to accept. Lambs are very saleable, with few or none offering. Cattle, well-bred, of fair proportions of ages aud sexes, are scarce and very saleable. With but little alteration, we repeat our last month’s quotations, viz.:—2-tooth ewes, from 20s to 21s ; 2,4, and 6-tooth do., 18s to 19s ; full-mouth do., 14a to 15s; lambs (equal sexes), 12a to 12s 6d ; do. ewes, 15s to 15s 6d ; wethers, 4,6, and S-toolh, 12s 6d; do. 2-tooth, 11s to lls 6d; cattle, mixed ages and sexes, £7 to £8 ICs; do. bullocks, 2 years and upwards, £9 10s to £lO.

Earns are little inquired after, the season being too far advanced; a few, however, have changed hands at former prices, including some very line Leicesters, from the flocks of Eobert Graham, Esq., John Euncirann, Esq., and J. J. M l Aulev, Esq.; also, two very superior pure Merino ram's, lately imported by Messrs Bates, Sise and Co., from the United States, and purchased by F. I). Bell, Esq., at £t!o each. These rams were much admired, and considered by competent judges equal (if not superior) to any ever introduced into this province. Stations.—We have lately received particulars of two or three very fine properties, winch are offered at fair value by private sale ; and we would call attention to the sale of the Balvey Euu, at our stores, oq Tuesday, 17th July. Wool.—Our latest advices from Europe state great activity in jthe woollen trade, and consequently large increase in the consumption of wool, which augurs well for maintaining the price ol wool throughout the year. We received by the mail oi last month priced catalogues of the London March sales, showing extreme prices had been paid for bright combing wools, where care had been taken in classing and separa ing locks and pieces from the fleece. Our sales for the month have been confined to a few small lots of mixed parcels. Tallow.—The small quantity offering meets a ready sale at £4O to £42 per ton. Sheepskins.—Demand good, but few are offering for sale this month, most of the slaughters being under contiact. Hides.—Well-iured hides are worth from 9s to 12s each, according to weight, with a brisk demand.

SYDNEY. i The stock and share market has been rather dull since the arrival-of the mail, but- though business has been checked prices hare not receded. The most important sale was that in the estate of the late Mr Clark Irving, at which Joint Stock .Bank shares brought an advance of 2s 6d oh late sales. Wallsend Coal shares were quitted at a decline, but it must be remembered that the parcel sold Was the largest thrown on the market since the company was formed. Commercial Bank shares have been sold at £2 advance. Insurance shares are more inquired for. Uniteds have advanced 6d. New South Wales Ala line, and Sydney Fire aud Marine, are firm at quotations. The produce auctioneers held their weekly sale of hides and tallow this morning. Both articles appear to have shared the depressing effect of the mail news, and tallow exhibited a decline of fuUy 40s per ton on last week’s prices. Hides were also lower, say from Is to Is 6d each. The total quantity sold amounted to 263 casks tallow and 858 hides. The market was bare of extra weight hides, for which an active demand exists. The absence of mail advices, except those received by telegram, and the inclemency of the weather, have both tended to render trade dull ; but as the Madras may be expected here tomorrow, the uncertainty which at present exists respecting the English market will be set at rest, and ours find a corresponding level. So far as known at present, the heavy shipments reported to have been made during the month will probably be compensated for by the effect which the high rate of discount will have in tending to reduce the amounts of exports to the colonies While money continues dear. Teas and sugars are almost the only articles in which there is much doing, and both are likely to advance, especially as they, are getting dearer in the Melbourne market. The business done at auction has been lighter than usual. Messrs-Fotheringham and Mullen’s sale yesterday attracted a largo attendance, but there was an apparent reluctance on the part of the trade to operate, even though prices were somewhat easier than have ruled lately.—Sydney Morning Heraid, 16th June. MELBOURNE. In the import markets to-day the utmost apathy has prevailed, and the transactions which have come under our notice have been of the most trifling description; indeed, the influence of tiro mail advices has been more felt to-day than yesterday, aud business has in consequence been for the greater part of the dav almost prostrate. The market for breqdstulls is steady, wiih a iair trade demand for best Adelaide flour, gules continuing to be reported at £l7 10s. Of Californian flour we hear of a parcel of over thirty tons as having been placed at £l6 lt ! s. In wheat there are no further transactions to report. A private telegram from Sydney advises that one firm, large hohlersipf breads!lifts had been cleared out by speculators, and an advanco in 'price was anticipated. Tile arrivals to-day are numerous, and include the Juletto from California, whose cargo consists of 20,000 bushels wheat, 10,000 of barley, and 1.0,000 of oats. The wheat will not be offered for sale at present, but is to bo stored; but 5000 bushels of the barley have already been sold at 5s via Sydney, the Pembrokeshire from San Francisco, and the Charlotte Andrews from Chili, have likewise put in an appearance. Alaizo is quitted freely at 5s 3d to os 4d, in parcels of 300 to 400 bags. In barley, a very much improved feeling is manifested, though little actual business has resulted, other than the sale already alluded to of a portion of the Zulette’s shipment. Sugars still meet with attention from the trade, at prices ranging from £42, £42 10s, and £44 for yellow crystals. A small parcel of blasting powder, “ Loch Fyne,” has been quitted at 7d. In spirits, wo hear of a shipment of Jules, Robin and Co.’s pule brandy, hhds. ard quartercasks, having beep placed at. 7s 4)d. Trade sales of common whiskey in bulk (Kirkliston) are effected at 4s 6d, and the market shows a further tendency to rise. A consignment of 10 per cent, o.p. rum, E.W.P., in hhds. and quarter-casks, has met with a purchaser at the extreme rate of 3s 10id. In provisions we hear of a parcel of hams and bacon having been placed, in bond, at Is 6d. Tobaccos are inquired for, and ve are informed of one or two rather heavy transactions now pending. A few small sales of Brandon candles at Is 6d are noticed. In bar iron, sales are mentioned at £ll 10s.—Argus, June 14.