Commercial Intelligence.

Hawke's Bay Times, Volume 16, Issue 863, 10 November 1870, Page 2

Commercial Intelligence.

AUCKLAND LIVE STOCK IfARKET.

(Reports to November 4.) [ME. ALFRED BUCKXIND.J The depression in values of live stock noticed in last week's report, has continued, and the prices obtained have been lower .than the pre* ceding week. At Papakura there was a full muster of stock, and a very numerous attendance. Well-bred heifers maintained a high relative value, all other descriptions of stock were dull of sale, and prices given were about one-third less than at the previous monthly Bale: 260 head were penned, and 240 sold. At Remuera, on Thursday, dairy cows were very dull of sale, very choice animals at calving brought from £8 10s to £lO 10s; medium quality, £6 to £7; dry cows, £4 to £6 10s; weaned calves, 31s to 60s; yoarlings, 66s to 80s each ; well-bred three year old steers, £6 7s 6d to £7 15s each; coarse bred steers, 3to 4 years, £4 to £5; working oien, £9 15s ; fat calves, were in better supply than of late, they brought from 22s to 44 shillings each. Fat cattle were in excess of requirements, and prices were 2s 6d per lOOlbs lower than last week, the greater number selling for less than 27s 6d the lOOlbs; prices ranged from 24s to 30s the lOOlbs. 104 head sold. A few pens of store rtheep brought 5s to 7s 6d each Fat sheep were in less than usual numbers ; 350 gold. Prices were without alteration. Lambs were in full supply, 184 sold ; thay in request, good quality brought 9s to 13s; inferior, from 5s 6d. Fat pigs were plentiful and of good quality. There was a better enquiry than last week, yet prices at first ruled very low, and several pens were withdrawn, which occasioned those left to sell at higher rates; 57 sold. Young store pigs, when wellbred, were in good enquiry, and brought from 6s 6d to 12s each. ENGLISH COMMERCIAL. WOOL. HtvHelmuth Schwartze's wool circular, of September 8, is as follows: —"The advices which the colonies will receive by this mail can hardly add much to the information sent out four weeks ago. Of transactions there are next to none, and the whole attention is centred in the tremendous conflict now being carried on on the Continent. Whether the prospects of peace have advanced or receded, it is as yet impossible to tell; but whenever the war be brought t 0 an i ßS tx a , and whatever that issue be, it cau now hardly be doubted that trade and commerce will have received a heavy blow from which they can but slowly recover. The position of the woollen industry at the close of last sales was still good, that |s, there was no accumulation of stocks, and the consumption was large, and probably increasing. It might then be hoped that if the interruption be but short, as the war of 1886, the healthy condition of the trade would after a temporary depression, soon reassert itself. But in proportion as the dimensions and consequences of the struggle have become realised this expectation has become weaker. It cannot be doubted Chat the consumption of wool on the Continent has received a serious check; manufacturers in some parts work short time, and in several instances have ceased working altogether, owing partly to want of men, of materials, such as coal, or partly to their nearness to the scene of war, and their inability to receive supplies or transport goods. Rheims, Sedan, the Alsace, are all among tho most important manufacturing districts of France. A con siderable quantity of wool bought in the last sales for French account remains lying in London, to be shipped at some more favorable opportunity."