COMMERCIAL INTELLIGENCE.

Southland Times, Issue 596, 26 November 1866, Page 2

COMMERCIAL INTELLIGENCE.

Totes Oitiob, Saturday Evening, 6 p.m. The following are the Custom Returns for the past two days : — Fbiday, Not. 23. Brandy, 27 galls £16 4 0 Whisky, SI galla 18 12 0 Boots ... 20 14 6 £55 10 6 Saturday, Nov. 24. Tobacco, 172 lbs £21 10 0

DTJNEDIN LITE STOCK, STATION AND WOOL KFPOHT. Dbtveb, Macieait and Co.'s report, 20th November, 1866 : — During the last month there has been a greater disposition shown to establish a price for various classes of sheep deliverable after shering, and several iransactions hare been entered upon at rates which, we anticipate, -will govern the market during the coming season ; much, however, will depend upon the numbers likely to cross the Wataiki from Canterbury. At present the number of young sheep offering is not co great, as at this time last year, nor is it likely there will be so many buyers in the market Upon the whole, we are inclined to think that rather less business will be done, at about the same prices. The September Mail has just arrived at the Bluff, bringing news of further improvement in business generally. Discounts down to 4£ per cent., and an advance of l£d in the wool market. Gur sales during the month, realised prices aa mentioned below. Fat Stock. — The market has been fairly supplied with beef without any change in price, say 47s 6d to 50s per lOOlbs for best quality. Sheep hare come in more plentifully, and the supply, "we think, will continue quite equal to the demand. We quote wethera in the wool, at about 4£d per lb. on stations, and 5d per lb. in town. Store Sheep. — We make the following quotations for delivery after shearing, based upon transactions already made, and our anticipations as expressed above, say : — Lambs, mixed sexes, 20s per pair : ewes, 2-tooth, 16s to 17s ; do, 2, 4, and 6 tooth, 15s to 16s j do, full mouth, 11s to 12s j wethers, 4 tooth to full mouth, 12s to 12s 6d. The place of delivery, quality, and condition of stock at all times tend to vary quoted prices. Store Cattle — Continue in good demand, with but few desirable lots offering, which are readily ealeable at former rates. We see no way of meeting our requirements except by importations, which we are certain will be conducted with more caution than formerly ; in fact, the great risks attending this business will prevent speculative shipments ; and few or none will come forward unless sold to arrive. " We quote mixed ages and sexes at £8 10s to £9 10s ; bullocks 2to 5 years old (acclimatised) £10 10s to £12 ; do, 2 to 6 years (imported) £9 10b. Dairy Cows — In milk or near calving are much inquired after, and saleable at £16 to £20. Horses. — The market having become quite bare of sound useful horses, the late shipments of 76 head per Hydra, and J>2 head per Omeo, from Melbourne, realised very satisfactory prices to the importers ; and there still continues a brisk demand for good fresh lots of every class. We quote — Erst class heavy draught horses at £65 to £89 ; medium do, £35 to £55 ; inferior do, £20 to £35 ; stylish weight carrying hacks, £35 to £55 ; ordinary do, £18 to 25. Country Sales. — Our monthly sales at Lovell's Flat and the Molyneux were well attended, and a large number of cattle, horses, &c. found buyers at prices quoted. We beg to call attention to our sales at Lovell's Plat on sth proximo, of csttie, horses, &c j and at Tokomairfro on 6th proximo, of pure Leicester ram and ewe hoggets. Stations. — Although we have several good buyers in the market, no transactions have taken place, holders evincing no inclination to sell. We, however, hear of one or two desirable properties likely to come into the market after shearing. Wool. — The wool season may now be said to have fairly set in. Shearing, which has been begun some weeks, in the early districts, will be general by the first of next month. Several parcels of the new clip have already reached bur stores, and we have advices of several other lots. Ixrst portions of some large clips which have not hitherto been offered in this market, being on the way to town. The large storage capacity we have prepared for this season's business has enabled us to offer to the woolgrower many advantages which we have noticed at length in our wool letter of the 10th instant. Already our efforts are being reciprocated, and we have every reason to believe that wool growers begin to sec it their interest to offer their clips here, where they can plant a reserve upon" them, instead of shipping to a distant market, where such, as a rule, is considered impracticable. We have already many inquiries for the new clip, and a3 several new buyers will be in the market, we anticipate a brist demand at our opening sale?, which we purpose holding early in December. We have intelligence from the Bluff of the arrival there of the Albion with the English MaiL Latest telegrams report : " Bate of discount 4i per cent. Wool up i£ per lb." This •will, doubtless stimulate the present anxious desire to secure good lots of wool in large or small quantities, and we do not doubt buyers will be quite ready to meet sellers at reasonable limits. We would remark that the corresponding mail of last year brought advices of an advance similar to that now qnoted in the London market, which caused many growers to ship who had preTiously determined to sell herej and that the result, as will be seen hj comparing the prices obtained in this market with those subsequently realised for the same wools in London, is in. aearly every instance in fevor of the former, •without takmg_into consideration the risk and anxiety of shipping, which would seem to be more the business of a merchant than that of a producer. Hides. — We have bad none to offei? by public sale. Private sales axe made, at from 9s to 123.

T&IW,— -SoapffiftkeM oompkln of It limited consumption, and ara not desirous of laying in heavy stook of tallow* To effect satei lower quotations must be accepted. Wo quote Eoixedl t&llow at 38a j fine mutton, 40b to 425. i »■ We extract tho following Dunedin commercial nawi from the Daily Times, 20fch November s — Since the date of our last report markets hare continued in a moderately aotive condition, and though unmarked by anything of very speoial interest, business has been steady, and in most rospeots satisfactory. The demand for staple goods for country trade has been fair, and a good coastwise export trade, in "which a tendenoy to improvement is apparent, has been done, although the money market has ceased to exert any repressing effect upon operations, scarcely anything of a speculative nature has been going forward, and few transactions have taken place for other than onrrent requirements. Imports have again been a full average, and most goods are in supply fully equal to present wants. Amongst the arrivals have been four ships from British and one from foreign ports, and in addition the intercollonian shipments have been unusually large. Prices have been but little affeoted, and except in one or two unimportant items, quotations vary but Blightly from those of last month, rates obtained by importers comparing favorably with the values of several preceding months. Credit has been well sustained, nothing having occurred to disturb the feeling of confidence which is generally felt. The wool season has commenced, but very few bales have as yet reached the portß of ship* ment, and no public sales have been held. Bank rates of discount unchanged ; closing exchanges on London, at 60 days' sight, 1 per cent. ; SO days', li per cent.; 8 days', 2 per cent; on Sydney, 1 per cent. ; on Melbourne 3J per cent, prem.