Commercial Intelligece.

Hawke's Bay Times, Volume 14, Issue 729, 25 October 1869, Page 2

Commercial Intelligece.

AUCKLAND LIVE STOCK MARKET. IRcports for the week ending Friday, October 15. [MESSRS. CAREY AND GILLES.] SThh markets for fat cattle continue steady at 37/ for medium to 42/8 for primest quality, at which prices a fair number have passed to the butchers during the week. Fat sheep were penned in average numbers, and sales effected brought last week's yate3. Store cattle were not offered in large numbers ; those brought forward maintained their value s*nd found ready purchasers. Dairy cows ol good quality are still enquired for, and command good prices. Pigs were in short supply, insufficient for requirements. On Wednesday, at tho Junction Yards, we obtained the following prices : Fat cattle. —The cargo ex Keera, from Wanganm, Just landed in prime order, was sold at 37/ to 40/, •and as high as 42/(5 per lOOlbs for many choice lots. Napie? cattle, £l3 5/ to £l7 10/ each. rat sheep.—A very full market was penned (in all 1,027), aiid all were sold as follows:—Ex Keera, from Wanganui, 23/ to 26/; Napier half-breds, ex Mar of the South, 14/6 to 18/8; Napier Merinos, 11/ to 11/8 ; ex Jlangatira, 10/8 to l*/9; ex Tawera, (shorn Merinos, superior quality, 8/3 to 9/8. ' store bullocks, £8 12/8 to £9 15/ each. Calves, £2 13/ to £3 7/3 each. ENGLISH MONETARY and COMMERCIAL. Westgartii's circular, of the 13lh August, in noticing the position of the Colonial securities in ihe Loan market, eays : The price? of the Colonial Government Debentures have been well maintained during the four weeks' interval since the preceding circular. The New Zealand securities are the only exceptions, and these have further given way by 1 to 2 per Sept.',—the Consolidated' Loan, issued last year at #7, being now at the unprecedently low price of gi. On the other hand New South WalQs, South ."Australia, Victoria, and Tasraanian stocks have all Advanced to higher values.' In New Zealand stocks She Consolidated 5 per Cents are 2 per cent, lower, and the 5 per Cents due 3914 are 1 per cent, lower, Srjjils each of the different $ per oe*t:, stocks is

|a,bout 1 per cent, lower. In New Zealand Provincial there is hardly any market, and the 6 per cent, 'stocks of Auckland, Canterbury, and Otago can he quoted at only about 95 to 100. The following item, having reference to this Colony, is from the European Mail : A meeting of the New Zealand Trust and Loan Company was held on July 28. After the interim distribution in January, there remained £10,191}.; ot this, £SOOO was placed to reserve (now £22,000.) A. dividend at the rate of 10 per cent, per annum was declared at the meeting, and £199 was carried forward. Of the wool market, Messrs. "Willans, Qverbury and Co., writing on August 15, say— The third series of colonial wool sales for the present year commenced on August 12 with the following catalogue:— Sydney and Queensland, 2600; Port Philip, 596; Van Diemen's Land, 24; New Zealand, 2209; Cape, 737 ; making a total of 6166 bales. The generally good harvest prospects and the demand for wool which, sprang up immediately after the close of the last series, created an impression that the August sales would open at an advance, which was variously estimated at from i. Id to 2d per lb- These expectations, however, have not been realised. Tho catalogue of the opening night comprised a selection of wool of rather an ordinary character, and, as regards the growth of Victoria, alforded but an indifferent test of the market. Speaking generally, however, no improvement can be quoted upon the closing rates of the last auctions. Both the home and foreign trade are fairly represented, but biddings show little animation. It will be seon from the undermentioned figures that the new arrivals to date are fewer by some 15,000 bales thau at the • corresponding period last year, though the quantity for disposal, increased by wools held over and withdrawn from the last auctions, probably amounts to 200,000 bales. The new arrivals are as follows :—Prom Sydney and Queensland, 83,0ol; ■ Port Phillip, 39,729; Adelaide, 13,495; Van Diemen's Land, 8340; New Zealand, 55,197; Swau • River, 597; Cape of Good Hope, 30,265 making a total of 180,674 bales, of which 5000 bales have been forwarded direct to the manufacturing districts and the Continent. It is impossible to forecast the result of these sales, for while on the one ' hand the home trade is tolerably active, and an advance has been established at the recent Ant- ' werp auctions of about 10 por cent., on the other ' the testimony on the part of the French buyers is unanimous to the effect that present prices for their manufacturers will not enable them to pay any advance upon former quotations.