COMMERCIAL.

Poverty Bay Standard, Volume I, Issue 265, 20 October 1884, Page 2

COMMERCIAL.

We glean the following items from the New Zealand Loan and Mercantile Agency Co. circular to hand thia morning WOOL. Auckland.—Small lots are coming to hand, and realising in the grease 6d to per lb. Napier.—Only a few odd lots have been offered during the month. If the present fine weather holds up shearing operations will be in full swing in another week or 60. SHEEPSKINS. Auckland.—There is a good market for all which reach us, and rates quoted last advices are fully maintained. We quote Is 9d to 3s 2d for sheepskins, and Is Gd for lambskins. Wellington.—Supplies coming forward at this time of the year are not large, but a good demand exists for all lots offering. Napier.—Rather a large supply has come forward since our last report, for which competition has been keen. We quote Merino, good, s|d to 8d ; and medium, 4d to 6d per lb.; cross-bred, good, 44d to s§d, and medium, 3Jd to 4§d per lb. Gisborne.—ln consequence of the longer growth of wool, sheepskins have improved in value, and now range from 3s to 4s. Consignments through this branch to outside markets have resulted in most satisfactory returns to shippers. TALLOW AND FAT. Auckland.—The supply continues unequal to the demand, and competition is active. Prices are firm at from 25s to 27s per cwt. Wellington.— Notwithstanding unfavourable advices recently to hand-from the London market, there is a good inquiry for parcels of prime mutton at up to £3 10s per ton; inferior sorts being however-neglected. Gisborne.—AlL lots offering meet with ready sale at prices ranging from 25s to 27s per cwt. b HIDES. Auckland.—The supply is short, and although rates are not quotably higher, they are firm at 3d to 3|d for medium weights. Wellington.— No alterations to report. The usual business has b&n transacted during the month. Napier.—ln usual supply, at the following rates Heavy 3d to 3Jd, medium 2d to 2|d, fid light Id id l|d. Gisborne.—The market is fairly brisk, and late vaTties are fully maintained, ranging from 2jd to 34d per lb. according to weight. GRASS SEEDS. JJunedin.—Ryegrass: The demand is less active and prices are weaker since last report. Good clean seed from old pasture can still be placed ab'late quotations, but undressed seed from new pasture finds little favour. Cocksfoot: The market is now in full supply. Prices continue firm at 5d to s|d. A Christchurch.—Ryegrass : The spring sowisq being almost completed, very little businesa has been done. Prices, however, remain fir iat last month’s quotations. The market is well supplied. Cocksfoot : Very littfe is offering, and prices are without change. market is fully stocked With cocksfoot. Best samples are worth up to 54d and s|d. Ryegrass is worth 4s to 4s 6d. for machine-dressed parcels. Best Poverty Bay seed sellsrjup to ss. Stocks of clover seed are comparatively light. Auckland. —This market is quite bare. Good clean ryegrass is worth fully ss. per bushel, and is aifficult to obtain at this price. Cocksfoot is not to be obtained in any quantity, and any reaching us could readily be disposed of at 5d per lb. Napier.—Ryegrass: Very little business doing. Prices remain at our last quotations. Gisborne.—We have had several inquiries during the month, and all available parcels have been disposed of very readily. We quote ryegrass seed from 4s 3d to 4s 6d, and cocksfoot at B|d to 4d. FROZEN MEAT. Our faith in the future of this great industry has never been shaken for a moment, despite the discouragements in the shape of low prices and damaged cargoes which have beset the trade during the past few months. It is, therefore, with much satisfaction that we report the receipt of private telegraphic advices from London of an improvement in prices equal to Id. per lb. on the month. When it is added that, as a rule, September, October, and November are the worst months of the whole year for the disposal of frozen meat, the encouraging nature of the recent advance is much enhanced. MISCELLANEOUS. Auckland.—Butter: With the advent of spring and consequent improvement in pasturage, prices are not so firm, and may be expected to recede shortly, although at the present time, supply does not exceed demand. We quote 7id to Bd. Cheese: As the rates for butter become lower, the farmers will send all the milk to the numerous cheese factories now fully established in the different districts. Large quantities of cheese are now being shipped to Australian ports with satisfactory results. We quote s|d per lb. Hops: Owing to the favourable reports of the English crop, prices have not been so firm. Brewers are fairly supplied. We quote Is 4d to Is 5d for new season’s, and lOd to Is for old. Potatoes: This market has become very active, and a substantial advance has taken place. We quote £4 ss, being 10s better than last month, with a prospect of a further advance. Flour: The market continues heavy, as supply is much above demand. Stocks are very full, and we see no prospect of an improvement tov some time to come. We quote £9 10s to £lO 10s, with little business. Maize: After receding to 3s 3d on a dull market, a sudden advance has taken place, and we now quote 3a 9d, with an active demand.