Commercial.

Poverty Bay Standard, Volume X, Issue 1026, 21 January 1882, Page 2

Commercial.

Standard Office, Peel Street, Gisborne, 20th Jan. Mr W. K. McLbaii reports that considerable activity has been exhibited in our Petroleum Companies’ shares during the past week. The price of Crosses having given way a little, brought in buyers, dealings having taken place in thousands of shares at prices everywhere between five and six shillings, with a quick nervous market. The preliminary report of Mr Stubbs having been made public, gives hardness to the market, and the news of the value of the paraffin mineral from the Southern Cross Company has reflected upon the neglected shares of the South Pacific Company, which have had some enquirers, business having been done at from 2s fid to 3s, for contributing sliaree.

Dunedin Stock & Station Repost.

Mr Donald Stronach (on behalf of the Neu’ Zealand Loan and Mercantile Agency Company, Limited) reports for the week ended January 4, as follows :— Fat Cattle.—The smallest number forward for some time were yarded to-day, there being only 75 head, most of which, however, were of good quality. The attendance was small, and prices ruled about the same as last week. Bullocks realised from £7 2e 6d to £11; cows, £5 15s to £8 10s. Beef may be quoted at 20s to 255. Fat Calves.—Seventeen were yarded and sold at fair prices, from 15s to 27s each. Fat Sheep.—The moderate supply of 1,472 head were penned, but these quite filled all requirements ; the bidding was devoid of animation, and prices showed no quotable change since last report. Th© highest price for crossbreds was Ils 3d each. We sold drafts for Messrs J. and 8. Wilson, Oamaru, at 9s 7d each ; for Messrs Ross Bros., at 8s 9d ; Mr W. 8. Morrisby, at 8a 9d ; for Mr J. Mein, at 8s 9d ; and for Messrs Samson and Little, at Ila. Mutton is worth 2d per lb. Fot Lambs. — 835 were penned, and prices slightly easier than last week. We sold 298 ■on account of Mr William Shand, Messrs J. and 8. Wilson, Roes Bros., Mr James Gibson, and Mr W. 8. Morrisby, at 6s. Store Sheep.—The demand is still more active, especially for young merinoes, both ewes, wethers, and crossbreds. Since our lust report we have disposed of 4,000 ewes and wethers. Sheepskins.—Our weekly sale was, in consequence of the holidays, held last Thursday, December 29, when we offered a full catalogue. The attendance of the trade was good, and prices about equal to last quotations, say, butchers’ green crossbreds, 5s to 6s ; dry skins, 8s to 5s 3d ; green merinoes, 4s 5d to 5s 5d ; ■dry, Is 9d to 3s 2d ; pelts, 6d to Is Id ; lambakins, Is to Is 6d ; skins in bales, s|d to per lb. Hides.—The demand is good, and all coming forward are being cleared off at 4d to 41 d per lb for wet. Tallow is in good request at prices equal to last ruling rates. We sold rough fat at 17s 6d to 19s 6d, and quote best mutton at 30s ; ordinary to good, 27s 6d to 28s 6d ; medium and inferior, 20s to 255. Grain.—Wheat: At the present so little is in first hands that we can report no business of importance. We have sold a few small percels •of medium to good quality at 3s 9d to 4s, and 4s 3d might be obtained for first-class lots.— Oats : There have been several inquires for shipment, but little business has ensued, holders not being inclined to accept the ruling rates. Bright feed is worth Is lOd to Is lid ; medium and inferior, Is 6d to Is 9d per bushel.—Barley : No transactions.