COMMERCIAL.

Manawatu Times, Volume V, Issue 164, 12 October 1881, Page 2

COMMERCIAL.

GOLDSBBO"DGH's MONTHLY CIECULAK.

*r . ■ Wool. — The business t^ansac^d m this market since our last summary has been unimportnnt. Ab<mt 770 bales have been disposed of, consisting principally of fellmonges' parcels of Skin Wool k for winch good prices were obtained. Accoi.--.ing to the latest ' ?legrams, the London Wool saU s continue te prog i ess eteodily. A good demand is reported, pnd large catalogues, are brought forward, d?ily. Tbe market shows no material change for good Wools, which command prices on a ■parjwithithe cosing rates of last series; but defective and Jow quality Scoureds and the inferior .gsadeJ! of. .Crossbred, which sell very irregularly, have declined fully Jd to Id per pound on t|ie opening rates. In all, 266,900 bales have passtd the feammer, and the

withdrawals la date amount to about B.J per ceut. of the total offered. It ig to be hoped, however, that »b the sales proceed a batter feeling will prevail ; but we fear <hat until there is a decided chauge m the present fashions, all lustre wools will mle compai atively low. The proposed changes m the French tariff have also had a depressing effect on the home hade. The Australian toheep Breeders' Association held ihti'V fourth annual exhibition of stud sh- ei> at our warehouse* on the sth and 6tb inßt<-nls>, an^ although the number of competitors m both the Me'ino *nd long" wool clause^ wai not *o tiuweions ai on pre* vi»uß years, the qua'ity of the t-^bibits was pronounced by competent judges to have never beca eq-ialled m the Aus ralian colonies. Indeed, as reswiXU the Merino exhibits, it is not too much ios:iythatin no other (.•ounhy m tbe wol -1 d could such animals be shown, the diy genial climate and rich p.i-tn;vs of Australia being pscnliaily suited for the developemcnt of this parti u'nn breed. Th" falliaa" off m tbe nutfb»r of sheep exhibited on this occasion is lo he at'vibut'-d, no doubr, to theregu'alions Btill ?n force, which exclude stock irom the neighboring coloiiic . nnr the show, and also to the hign standard of oer.ection many sheep br*edeis consider their anima'smust attain bufore they are warranted m faking pavt m the contest with an v prospect of success "* bis is to bo recruit ji, especially from an educational point of view, inasmuch as the show loses up mp- psnn*!i,t,ivc chnractur,, and it is to be feared that as its limits be* come moie and more contracted the distinctive t5 pesjof tlio«e flocks not represented will, to '-ome extent, be lost sight of. The champion prize for the hest Merino ram m the show was taken by the " Marquis," the property of and bred by Mr. William Camming. Tbe " Marquis " ia a well-propor-tioned handsome animal, of large frame, aad is exceedingly well wooUed all over. He carries an even fleece, of great density and good length of stable, the quality being: of a very useful, bold character. The champion ewe prize was awarrtid to Mr, John Cumming 'or a splendid ewe, one and a-half years old, having a remarkably fine fl<* oe, of excel!" nt qualify and length. Mes9is Thomas Russell and Co., took the first prize for _iass-fed rams, and the Hon. Sit Samuel Wilson wp«i first en the list for gws-fc.l owe?. Tbe orh.r prize-takers were Me«svs Thomas Dowlinc and Son, and Mr* George f> nniming. Tn the long wool classes Mr. A Mac.Venzi ••». of r oll ngoon, carried off most of th j honours, the only oth.r exhibitors being Mr. W W. Hood, of Barton, who took a champion prize, and Messrs A. and R. Urquhar% of Yangery Park. Altogether, the show was a brilliant success, owing to thft exceptional character of the exhibits, and the large attendance of visitors. Pastoral and agricultural prospects are now assuming a more cheerful aspect, some fine warm rains having fallen during the month, over a large area of this colony and New South Walep. Some distriots, however, require a further downfall, especially he south-western portion of Riverina and the north-western district of Victoria, which still continue dry. The expoi t of Wool from this colony np to da*e is 326,435 bales, being an increase Of 22 034 bales over the to A al yield of the previous year ending 30th September, 1880. Exchange on London continues at •£ per cent disroi-nt for drafts at sixty days' sight, and 4 per cent, extra for each month additional. Freights to London per sailing vessels are ruling at § d per lb. for Greasy, and f d per lb. for Washed : and per steamers, for November sa'es, vid Suez Canal, fd. per lb, for Greasy, and Id. per lb. for Washed. PRICES CURRENT (NOMINAL UNTII4 BALKS COMMHNCES.)

SVerekins. — During the early part of th--month the market wass-o^ ewhatdi-pressed. resulting from the ratber unfavourable news frcm the London Wool Market, anr) prices receded slightly, but aft> r ards recovered, and a gradual improvement has been noticeable of late, fnll-wool'ed SVms of ! superior quality IW"gj rcad'ly paleable up to [6s lOd each. The bulk of our catalogues have, of course, comprised woolled Skins. j but Pelts aio making their appearance, and I early-shorn have found buyers up to lOd each. Th market is steady at quotations, viz. :— Butchers' Green Skins, superior, 5--9 dto 6« lOd each ; do. do. do., average, 2s ; 9d to Ss 9d each ; do. Dry do., sup' rior, 4s 6d to 5s 6d each ; do. do. do., averaee, 2s 6d to 48 6^ each ; Dry Skins, m bales, &c, superior s^d to 7d perlb. ; do do,, average, 3d to s^d per lb. Hides. — A good inquiry has existed throughout the month, and present prices shoA- an a^lvarce of about a farthing per Jb on those noted m our last eireu 1 ar. Superior lote. m good snieaV'le condition— viz., free from offal and ears, and cloan— have at» trac en" most attention; and the local tannera have recently been operating with con siderable vigour . Shi jimen ' sof b eavy- [ weights from New Z-^and have met with pood demand*, and suporior lots are now •ul.ngat from 4|d to 5d per lb. Calfskins have been neglected, the demand being limited, and only large Skins, free from cuts. 1 fee, have found ready sale, small and inferior '■'kins being almost unsaleable. Curie.it quotations aie : — Grei-n f A, average siVs ; 18r lo 26a fid eneh ; do. Cow, do., 18s Od to l fis each : Victorian-saited. superior, 4d to 4^d per lb. : average, ?>^ Ito 4d per lb. ; inferior. 2^l to :^d per lb. ; Kips, 3d to 3$ perlb. ; Calfskins, 3J ' to Sfd per lb. ; N"w Z'Hand-snlted, superior, 4|fl to 5d per lb. ; do. do., average, 4-»-d to 4| 1 per lb. ; Sydney and Adelaide, do., superior, 4.d to 4§d p.. r lb. Tallow. — The. grad n ai imnrovernent m the Tiondon market has hail a corresponding effe.-t here, and present prices show a considerable advance ou those last quoted. We have sold by public auction and private contract 1272 casks, and report a strong demand at quotations. The local manufacturers have operated freely, and shippers have only betn restrained by the few freights obtainable ; at the same time, a good business has been done, and favourite brands have met with spirited competition. Latest advices are a'so of an encouraging nature, and a still further advance m prices may reasonably be expected. A comparison of quotations show an advance of about £3 to £4 per ton on last month's rates. We quote : — Ordinary Mutton, from £30 to £32 per ton; Beef, £28 to £30 10s do.; Mixed. £24 10s to £30 do. ; inferior, £17 to , £24 10s do. Shipping parcels, of good brands - Mutton up to £33 per ton (f.0.h.) ; Beef to £31 do. (f.0.b.). MONTHIi? G"AIN TEPOKT. Wheat. — During the past month some heavy transactions have taken place m Wheat, m consequence of the large entimated defici' ney m the American and Enyields, and prices have advanced fully 2d per bushel since our last report. The arrivals from the inland districts have been on a moderate scale. We quote : — Prime ' Milling, 5s 7d ; medium to good, 5s to 5s 6d ; and inferior to medium, fis to 5a 4d per bushel, Flour.— Good country br»nd| aje. worth

from £11 2s 6d. to'£ll 7b and 6d, *nd townmilled £11 10s, sterling per ton. Oata. —Daring the month the demand has improved, and a large supply has been disposed of at satisfactory pricei, viz :— Prime Milling, 3s 6d to 3s 7d ; prime feed Sssd ; medium to good. 3s 3d to3s 4d ; and inferior to medium, 3s Id to Bsj3d per bushel. : . Barley. — This market remains quiet, but all coming forward can be placed at jqaotations, prime malting parcels rinding most attention. We quote :— Prime malting, 3s 7d, medium to good, 3s 5d to 3s 6d ; iafenor to medium. 3b 3d to 3s 4d ; and feed sorts 3s Id to 3s 2d per bushel. Maize is m good demand at from is to 4s Id per bushel.

8. d. B. d. Greasy— lnferior ... 0 6 to 0 8 Ordinary to average 0 8 „ 0 10 Good to superior ... 0 11 „ 1 1 Fleece, washed Inferior 0 1 1 „ 1 1 OrdiuaTy to average 1 2 „ 1 5 Average to good ... 1 5 „ 1 8 j Superior 19„ 2 0 Scoured — Inferior ... 1 0 „ I 2 Ordinary 1 4 „ 1 6 Middling- to g00d... 1 6 „ 1 9 Superior 1 9 „ 2 0