COMMERCIAL.

Waikato Times, Volume XVIII, Issue 1543, 25 May 1882, Page 2

COMMERCIAL.

"♦ ' , The Waikato Tims Office, Wednesday. The New Zealand Loan and MerOHANXILE Co, report under date Christchurch, May 18th, 1882 : jfW.— The extended advices received by mail ot the progress of the Februaty-March sales in London have, on the whole, given satisfaction to shippers. The tangible surplus shown on wcllfrown greasy merinos, scoured merinos, and the no grades of half-bred— .light in grease— go far to compcnsatcfotfnbdisapi>ointlngreturnsot coarse and laulty descriptions, both scoured and greasy. Up totho time of going Jo pjess, the result ,of the opening sato'of the current series is not known, though expectation is eager on this point. The display of woofs at the Exhibitton n6w being held at Christchurch. though very good, is not so complete as the importanc e of the occasion merits/owing entirely to the fact that the bulk of the season's rlip had been shipped before the promoters' intentions <■ were announced. I Ins company has seemed first order of merit tor iour descriptions of wool, .as well as .1 gold medal for the general excellence of its collection of fleeces in grease. Christchurch.—Tr.insections during the- month have been of .1 trilling character, confined solely to the quittance ot small lots at the weekly Skin salos. Ihcro aie buyers of good bright scoured merino, at up to Is 8d per lb., but for scoured cross-bred the enquiry is quite dormant. Auckland. — The season is past, and only odd lots from outlying districts arc coming iorward. Fair ordinary m grease may be quoted at 7d to 7R Napier - Since last j report equal to abowp 130 bales scoured njcriud and otherJvvtooJs hlive been sold at very fair prices, varying from Is Id to Is ."^d for locks and pieces, and from Is 3d to Is 9d tor fleeces Slurps); i us. Christchiirrli.— A strong- demand? with a high range of values., has attiacted con- j sidcrable supplies to this market, the wccklj sahtWh^e gone off with unnsual spirit, and the 35,000 skins (or thereabouts) brought forward have passed into the hands ot the trade .it the following rates : -Butchers' green cross-breds, 2s Od.tQ osOd;,., merinos, 2s id to, 4s lid; lamb-skms'r-s'od-io'ii.' Country skins :— Cross-breds, 2s to (is .'id; merinos, 2s (id to 5s 9d ; pelts, 8d to Is (id. Station skins have made o\d to 7d per lb., and salted pelts, 4s 3d per do/ten. Our catalogues have embraced 3,037 skins. Auckland.— No public salos having- been held, transaction-, have 'been confined to private business, ■which has passed at from Is to .{-. (id. .///</«.— A dull market, with der lining prices, is reported from London, while from Australia we hear of a good demand and spnitcd competition 'for sound parcels. About the end of April there was considerable enquiry in Melbpurnefor Now Zealand hides, but tlieie were none offering. Auckland.— No large quantities are coming foiward, but thure is a good demdnd for all offering at from 3d to 3yd per lb. Tallow and /W.— Price* in London have fluctuated considerably during the month. ihey touched as low as Us for best mutton, and 41s lid Jfor beef, but have now rec o\ ered to 43s (id and 41s respectively Auckland —Prices ma,y bu quoted ;it 20s to fa per cwt. Transactions at these price* being limited to private sales to local maiiutactuiers. Gutin. Christchurch.— Vv heat 1 lie firm tone of the Australian markets, together with a ••übstantial reduction in the rale of freight to London, led to, an unpioved di mand earl} in the month, when numerous transactions were reported at a slight iidv.mi c <>\\ last <).iotations. F.u inuis' deliveries are now almost completed, and the c\ port demand having somewhat abated, the business passing is. constdei ably curtailed. Ihe market is strong, howevci, and for any large shipping lines, 4s lOil to .>s, according to description, would have to be pud Countiy piuchascs are being effected at prices equivalent to <i reduction of 2d to Si. under that figure Chick wheat commands Js to J» !)d. Fhmi has been put up another 10s, and is now selling at £11 10» foi best brands. Oits 1 At the moment the market is in a somewhat unsettled state Stocks in this district arc unusually light, bewnbarely sufficient for local wants, yet buyeis hold aloof, and will not operate. 'Iheie aic but few sellers, and they ask. 3s Id for Iced, to X <>d for milling. During ' the month we hive placed several' parcels. at 3s 3d foi short teed. Duncdin.— Wheat: Good samples would find ready buyers at an advance of Id per bushel on last quoted price, but supplies are not < oming forward frcelv, holders beintf app irentl> under the impression that a further improvement m.iv be, looked for. Inferior and tow) feed loniinui in strong demand, .mil are scarce. Oat., '-L 1 1 • - dent'and far c\port having to a larjjc c\tent sub sided— Jpartl} in consequence of the dilhculty ot procuring fonnagc -and consignments coming to hand being considerably in c\cess of icquirements, Infers will not give recent prices, and the trndentv of the mnkct must be icportcd downwai'ds. Auckland.-- Wheat . Hut little remains in t.irmeis' h mds; first-class s unplcs are worth .'>s per buslul. Oats Atlei our List cirrui.ii was issued puns imeded sli-jhtU, but has since recovcicd, and a bettei dunand iidW e\ists at .is Od to .is !)d pel bushel, liarley ■ Iherc is a bettc l demand for Southern growth, espuciall) Blenheim Alalstus aie beginning to re.ilise the superioiity ot the gram tiom that distiut. Pi ime malting is worth 5s per bushel Mui/c is in small supply, at .'is lOd to ,">s lid per bnshcl.