COMMERCIAL.

Poverty Bay Standard, Volume III, Issue 245, 6 February 1875, Page 2

COMMERCIAL.

HAWKE’S BAY STOCK AND STATION REPORT FOR JANUARY. Mr. M. R. Miller reports as follow: — The transactions for the past month—which may be considered the initiative of the season —iu store sheep have been fully equal to those of same month last year ; but while the demand for young sheep is very much in excess of supply offered, old sheep and cattle are overabundant, especially in Merino, and there is. consequently, a difficulty in placing large lines. Fat sheep are plentiful, but the demand is so limited I hit boiling down for heavy weights must be resorted to. For medium weights the demand is fair, though exceeded by the supply. Store Cattle.—The low rates obtained for fat iu Auckland has had the present effect of depressing the value of store, indeed no lot of consequence lias changed hands lately ; still there is confidence that, from the comparatively limited number in the province, prices wi;l recover steadily. Present quotations arc :—

Cattle.—Fat: Demand very limited at 17s 6d to 20s per lOOlbs. Stores (mixed), nominal, £3 15s to £1 10s. Steers, two years and upwards, £5 to £6. Female slock dull of

sale, except dairy stock, which arc in fair demand at from £7 to £9 per head. Weddebs.-—Fat dull of sale, as usual at this season. Stores and Merinos (full mouth) : There arc considerable lots offering, but at somewhat higher rates than last season ; for four, six, anti eight-tooth Ss is demanded; for eight-tooth, 7s to ■Vs (kJ- At the former rate I st Id a considerable number early in the month. Cross-bretls, 2s to 3s higher. Ewes and Mixed Flocks. —For two, four, and six-tooth there arc many enquiries ; for Merino, 10s is readily obtainable; six and fresh eight-to« »th, 8s each; old but soundmouth, 5s to 5s 6d ; broken, but sound to travel, 3s to 3s 6d. Mixed flocks, ages and sexes, 6s to 7s. At the quota! ions given I have sold 1290, 900, 2000, 2509, 700, 7050 and 1200 during the past month.

Lambs.—ln Merino few offering. Crossbred : I have several lots for sale at from 8s to 10s, according to quality. The annftal Ram Fair will be held at Hastings on the 14th February. Horse Stock.—The market for draught stock was ralhcr overstocked by too many horses being imported at once, consequently prices, especially for medium stock, suffered considerable depreciation, but is gradually recovering. Medium draughts are from £35 to £45 ; heavy ditto, EGO to £B5. Goods hacks in demand, but none in the market. Wellington, January 30. Mr. O’Shea reports: Flour, Canterbury, £l2 19s to £l3 ; oatmeal £24 ; bran, Is 2d to Is 3d ; barley, pearl, £25 6s ; wheat, no sale ; oats, old, 5s 3d to 5s 6d ; new ditto, 5s ; hams, Is 2d ; bacon, lid to Is ; cheese, new, 7d to Is 2d ; old ditto, 9d ; butter, 9d ; eggs, is 3d. Dunedin, January 30. Messrs Brown and Sons reports oats still receding, purchasers only buying for immediate requirements. Quotations for feed, 4s to 4s 6d ; milling, 4s 9d ; iu the latter very lit tle is doing. Good samples of grinding wheat still command 5s 3d to 5s 5d ; fowl feed scarce at 3s 9d to ss. Feeding barley, 4s to 4s 6d. Flour is in fair demand at £l3 to £l4 10s; pollard, £6 ; bran, £5 10s. Auckland, January 30. The millers dropped the price of flour £2 per ton yesterday. Mr. Buckland reports fat cattle in full supply, and steady at last week’s quotations. Fat sheep arc in limited number at 2s advance. London, January 16. The price of wheat has fallen two shillings per quarter, owing to large foreign importations. The Brazilian loan, of five per cent, at ninety-six and a-h;df, have been subscribed to seven times the amount. The corn market is depressed, owing to large foreign arrivals. A million and a quarter of Californian wheat, are en route. Hemp is without improvement. Melbourne, January 27. Commercial business has been very dull, oats are of dull sale. Wheat, 4-s 9d to Is lOd. Sugars command attention, owing to telegraphic advices. Mauritius scarce. Yellows and grainy sorts, fair trade. Demand for teas.