COMMERCIAL.

Manawatu Herald, Volume III, Issue 92, 19 July 1881, Page 2

COMMERCIAL.

Wet.ltngtox, Friday. Messrs Ohas. Pownall an>l Co., scriveners, report that the value of money has not materially altered during the last month. The etandaiH rate for mortgage investments continues from 6?, to 7 per cent. Exceptional large transactions of over £20,000 have been and can be placed as loiv as 6 per cent, but otherwise the supply and demand have equalised each other, and our quotations may be taken therefore as the true current rate now ruling. • Croskery, Hasell and Co it report current rates during the past month as under : — Flour, £10 to £10 10s ; ba-^s, 100!bs, £10 17s 61 ; do oOlbs, £11 ; oatmeal, £11 103. Potatoes. £2 oa to £2 10j, with very slow sale. Bran and pollard have both advanced considerably, and are now wcrth : bran, £4 ; pollard, £6 ; chaff, £3 10s to £4 10s per ton ; oats are still firm at 2s 61 to 2s 8d ; fowls wheat, 33 9d ; barley, 3 t p;r bushel. Cheese, 4 1 ; hams and bacon, guaranteed, 9.1 ; fresh butter, Is 41 ; salt butter, nominally, 6 1 per lb, but quite unsaleable, mirket glutted ; onions, 61 ; carrots, £3 ; mangold*, 50i por owt. Pmltry in good supply : fowls, 3i to 3< 6-1 ; ducks, 43 6 1 to s< ; gee^-, 6* ; turkeys, 9a pet pair ; eg-^s, Is per dozm. Fruit, not much demand : oranges, 8s to 9-< ; lemons, 20a ; apples, 8s to 10s ; pears, 10i to 14i per case. Trade lines ex ship, 250 sacks feed oats sold at 2s 41 ; 450 prime milliug, brought 2s 7d per bushel. There i 3 now a good demand for fafc sheep, at from 12s to 14s per head ; fat cattle, los to 20a per lOOlbs; dairy cows, £6 to £12 per head; calves, 203 ;, yearlings, £2 10a to £3 10d per head ; store pigs are beiug enquired for at 2£d to 3d per_ lb ; horses in very little demand and prices very low. Sawn timber, delivered in town, sizes and lengths to order ; red pine, for building purposes, S* per 100 f t; fancy timber for cabinetmakers, honeysuckle, 10i ,* blaokjhinau, 15s; totara knots-, 12s &f tolSs 6d per 100 f t; a rough lot of second-class matai and white pine, about 20,000 ft;, sold at an average of 4s 6d per 100 ft. ; Colonial Produce — Flour is unaltered and firstclasa brands are worth,£lo los iv sack?. Wheat is a shade firmer ; Sales have been made for fair sized parcels, at 43 per bushel and 4s, Id ; we are informed of a sale at an advance on the latter quotation; oats are quoted at 2s 6cl to 2s 9d. Potatoes are a little firmer, and £2 10s is easily obtainable in wholesale parcels ; we presume the rise is attributable to the large quantity exported during the month, the Wakattpu taking 1000 tons in one shipment. Butter — prime salt is in ample supply with only a moderate demand ; -sales have been made at Bd ; perlb. .Babbit skins are in demand ; for firatrclaas skins 2a 9d is obtainable. Sheep skins ' are worth os,- 6s, 7s, for the month of July, August, and September, respectively." Hides are in request at from 4d per lb, for best descriptions.— N. Z. XteM-,:-: " ■.:,,: ■■■'■•■ ' . . ....... Palmbhstojt, July 13. At Stevens & Gordon's sale today, fat cows' realised '£6 2s 6d per head ; 2 year old steers, £3 7s 6d ; 2 year old he fers, from £3 to £3 7s 6d ; 4 year old beef realised £7 2s 61 per head : store cattl *, £5 sa; 3 year, old steers, £3 ; 2J year old heifers, £4 7s G.l ; 2.y year old steers, £2 17s 61 ; 4 year old steers, £5 10s ; cws near calving, £4 10s, to £5 10s. The demand for sheep was brisk, and 160 mixed, two tooth, and full mouth, sold at 14s Id per head ; fat wethers passed in at 12a 6d per head ; 100 breeding ewes fetched 133 2d per head ; and fifty others sold at 13s 4d per head, t A natnDec °f horses were also offered, one selling at £15 ; but the demand for hprije fleah appeared slack. Pigs were at a discount, although a number were yarded. ','_ Seven tons of prime hay was offered, and . pawed in at £2 10s per ton, thusjclearly proving that in the Manawatu this 'season, there is little need for hay for feeding cattle, the feed being so good in the district— Manawatu Times, Saturday. ' '"■ Fezldino, July 14. At Halaombe and Sh j rwill'a eale the fol-' lowing were realised : — Cattle. — Three year old steers from £5 ss ; tw ■» year old st«K u from,£4 5s ; three yew* eld heiferiilKm £3 12s 61 ; cowc, £4 10» ; mileB r 2wKpi i £4. v ip< in £7 5s ;' yearlings t% SHEW— Pat^t-h'eep, Ils6d ; lamli»6i3J. ' PIGS.— A fevr offered but. no de.naml. * : Horsbs.— Only two were offered but no | bnnncM was dose.— Guardian, Saturday.