FREEMAN R JAKSON'S FORTNIGHTLY STOCK REPORT.

Manawatu Herald, Volume III, Issue 28, 7 December 1880, Page 2

FREEMAN R JAKSON'S FORTNIGHTLY STOCK REPORT.

WANOAKur, D 'cember 1. Mr Freeman. R. .Jack-o i reports as fol lows, under date Wanganui,recember > : — Since my last report I held three sales — viz., at Hu\r m, Waverley, and St Hill street. P< ices receded -lightly at Hawura, but values were well m liatuinod at Waverley. At today's s lie st *re catile sold fairly well, but in no i as^ are prices to hisjh as at the corresponding gale of list month The Bile of purebred bulls went off well tho atteudance being large, and bidding spirited. The buyers in all cisss were well satisfied with their purchases, tho sala also le»viui{ a fait profit to tho vtndors. Whilst the bull sale wus going 1 on, the newlyeracted " forum " w is crammed with settlers and others interested in tho sale, it b<>iDg satisfactory to see that every effort to please my constituent* was appreciated. Tho only sheep sold during tne past fortnight-, were those todiy, prices being a*- last quotations. Cattle —At Hawpra, 560 head were yard d and sold —Steers, three-year-olds, £5 15s; two-year-olds, £4 Ids .o£4 l*s 6d ; fat cows, £5 17* fid; ye.r'inas, £2 to £2 10s At Waverley 507 head were sold— Two-year-old at era, £4 2* 6d to £4 12b 6d ; cows, £4 ss; heifers, £3 17s 6d ; yi arlings, £2 15s to £i 17s fid. At the yards today, 254 cattl' were sold—Fat bullocks. £6 15* to £7 17s 6d; cows, £5 15< to £6 2s 6d ; ■tore bullookc, tbree-year old, well forward, £6; cows £4 5s to £4 )7s Cd; ytarlinga. £2 10s to £i 12s 6d. . Horses —Dull pf sole, a few being sold at low prices. "Weixingtojt, Friday. Sugar since our lust has weakened blightly, but it U purely local, the refining companies not hiving nmde any reduction in prices. Quotations for the»odescrii tions are nominally—lW £44, 10 £4<», and No 3 or C £36. Id Mmiriiius very little h<s been done. A sale of considerable importance to our mercantile community was held by the Now Zealand Loan and Merantile Company, of a trial shipment of l<ij desoiiption. The prices realisdd may b« considered highly satisfactory, and we trust to sec fu>l cargoes coming direct to o:r market, and a reciprocal tradf opened with tbeso Inlands. We ac gradually becoming less dependent upon the Mauritius for •ogars, and ere long it will not hold its own in competition with the produce of tho virgin soil of Fiji and Queensland. Candles •fa unchanged in valae. We observe that than has been a move upward iv the Victorian and Sidney markets. Oalvai.iacd iron U in ample supply, nnd the Hnrunui has about 140 tons for this port; prices are nominally £16 for 26 guage. Although to arrive we know a concession has been made on thi* quotation. Fencing wire 19 a little easier; No 6 is worth £10, No. 7 £16 10s, No. 8 £17, while a reduction of 2Us per ton for 9 and 10 ba* been accepted, in consequence of our markets being overstocked with the fine wire. Hoop iron is worth £15 per ton, bat the demand U small. N'lilt, K H. wire, are aoarep, and for assorted . siaes are quotable at 24s to 24s 6<l. Zinc is in heavy supply at from £30 to £32. Kerosene oil is dull of stile; over tesr oil is worth 2s, while undur test is not enquired for. Raw and boiled oils have been selling at 4s 3d to 4a 6d; colza, 4s 9d to 6s; cantor oil, in bulk, is quoted at 4s 3J to 4s fid; turpentine ' 8s 10d to 4a 2d. Teas are in full supply, and very little btminess is carried through; this is r.ttribut- ,/ ible to our retail hou<e« having supplied \ themselves from the Vio'ornn n)xrk<tß very early in the sea on. Low line boxes aid Eaif oluinu ur« rtowiog • little attention,

but buyers are only operating for immediate requirements. Cfokjgial PAduce^Flour is without alteration. Southern millers are firm with their quotation of £10 10a, f.0.b. ; the local mills are gettinar £11. Fowl wheat is worth 3s to 3a 6d, according to samples. Maize is very low. A sale of 800 bags was held duiinsr the month, when la lid was all that could be obtained for 50-basr lots. Good feed oatß ure quoted at 2s to 2s 3d. Po;atoes are still a drug, and the few fluids that aro made not more than £1 to £1 5s can bo obtained. Hides.— Good bullock sell readily at B ld to 3£d. Tallow.- Good mutton ie worth £28 per ton. There is, however, very little offering until the boiling down starts in about six weeks. Wool. — The clip is reported as being very satisfactory. Several parcels have cLanged hands from 8d to B*d at shipping port, in grease. The wet weather baa somewhat retarded shearing operations, but a gaod number of the principal clips are already baled an>i in course of shipment. Messrs Chas. Pownall and Co., ftcrivenera, report con-iderablt transactions during the past month at somewhat reduced rates, 8omt) large amounts of outside capital having been pliced at 7$ per cent., principally, however, in the transference of mortgages, previously contracted for upon higher terms. 'Ihe value of money far investment may now be quoted from 7^ to 8 per cent, interest, with few direct applications offering ; mortgage* being si ill too much hampered by the low valuations, and large margins in many cases unnecessarily demanded.—N.Z. Times. Feii.dinb, December 4 Messrs Haleombe and Sherwill held a sale of stock last Thursday. The following are the prices : Two-and-three-year old stores at from £i 17s (id to £5 17s 6d ; yearlinirß, from i.'l 15s to £3 ; >rood dairy cows, from £6 to £8 ; calve 3, £1 ss ; fat w there, 7s id to 7s (id ; store piirs, 8s ; hacks averaged from £t 10s to £8. — Guardian.