COMMERCIAL.

Poverty Bay Standard, Volume I, Issue 213, 19 August 1884, Page 2

COMMERCIAL.

We reproduce the following from the New Zealand Loan and Mercantile Agency ComCompany’s circular, dated 14th August, for general information :— WOOL. Advices are just to hand announcing the opening of the third series of sales in London on the 12th instant. From cablegrams received we learn that the sales opened at the level of last sales, crossbreds being firmer. The sales comprise about 300,000 bales, and 36,000 bales have been sent to the manufacturing districts direct. The opening catalogue contained 8,700 bales, and was a fairly representative one. SHEEPSKINS.

Dunedin.—Our sales have been well attended during the month, and large catalogues have been submitted under active competition. Green skins are steadily advancing in price, keeping pace, so far, with the growth of wool on them. Prices have also been well maintained for country dry skins. At our last auction, butchers’ green crossbreds brought 3s lOd to 4s 9d ; do. merinos, 3s lOd 4s 4d.

Christchurch.—The preference for good half-breds is marked by the competition they elicit, and the extreme prices paid in comparison with other descriptions ; for such 5s to 5s 6d is paid, whilst long wools realise 4s 3d to 4s 9d, and merinos 4s to ss.

Invercargill.—Prices have ranged from 3s 6d to 4s 6d for butchers’ crossbreds. For Merinos we have obtained 2s 6d to 3s.

Auckland.—Supplies are unequal to the demand, and prices last quoted are fully sustained, viz.: Is 9d to 3s Id. Lambskins, Is 6d.

Wellington.—Fellmongers are anxious to purchase, so that sales are readily made at late values.

Napier.—Competition is still keen, and buyers have been paying rather extreme rates for the larger lots which have come forward. Gisborne.—Ruling values are 2s to 2s 6d, according to growth on pelts. GRASS SEEDS. Dunedin.—Ryegrass: Supplies are ample, but quotations are nominal. Present quotations. 4|d to 4£d per lb. Cocksfoot: Present quotations, 44d to 44d per lb. Christchurch.—With the near approach of the sowing season an active demand has been experienced for all descriptions of seed. Owing to the abnormally high price of imported white clover, some enquiry has been instituted for colonial grown, and extreme prices are offered, but none is forthcoming. Ryegrass is not largely held, and prices have slightly advanced during the month. Clean heavy seed from old pasture commands 4s 3d, ordinary machine-dressed, 3s 9d to 4s; farmers’ lots, 2s 9d to 3s 3d. Cocksfoot:

Stocks of prime seed are comparatively scarce and find ready sale at 4gd to 4jd ; discoloured and foul are more plentiful but not in plethoric supply, for such 3|d to 4|d according to quality, is current quotation. Invercargill.—Cocksfoot: An advance in price has taken place during the month, well dressed samples may now be quoted at 54d to 6d per lb. Auckland.—The demand throughout the past month has been nominal, but we look for more business in the immediate future. We quote ryegrass, 4s per bushel; cocksfoot, 4d per lb. Oamaru.—There have been several inquiries for ryegrass during the month. We have placed some large parcels of machine dressed at quotations. Gisborne.—A few sales have been effected at from 4s to 4s 6d for rye-grass, and at from 3|d to 4d for cocksfoot. Very little of last season’s crop remains unsold.