COMMERCIAL.

Waikato Times, Volume XXXIX, Issue 3129, 4 August 1892, Page 2

COMMERCIAL.

The Waikato 'limes "ruce, Wednesday MARKET REPORTS. The New Zo<»land Loan and Mercantile Agency Company report under date:— Adelaide, July, 17.—Wheat: The recen advicos from London are of a very diaap pointing character, cargoes having been eok at lower prices than was ever befori acceptdd for Australian wheat. Prices ir the Colonies, however are still above Eng li.ih equivalent value*, notwithstanding that there has boen a steady decline durim the past week or two amounting to aboul 3d per bushel. Sales are reported durint the week at from 4s 2d to 4s at which latter figure the market closes quiet. Undei date 12th inat. our London office cabled us us follows :-—" The market ia weak, and there is no demand. Victorian wheat, ex warehouse, is worth 34s 3d per quarter. Vic torian whi'at f.a.q. is worth c.i.f. to arrive, 32-i per quarter, and parcels 31s 3d pel quarter ; quotations nominal.—Oats : (dut> 2s pur cental.) —Trade parcels of New Zea land feed oats are selling at from 2s 4d tc 2a Gd per bushel, (?rons weight, bags included, delivered in bond Port Adelaide. Sydney, July 18.—Wheat: (duly 10d per 100 lbs).—Locally business in wheat continues very restricted, and milling quality is still quoted nominally to 4s 10d per bushel. The Melbourne market has weakened still further during the past fornight, milling wheat being now quoted there at 3s lid per bushel, and some considerable business on New South Wales account has lately been carried through at about this figuie. The local market is still greatly over-supplied with chickwheat, and best whole samples cannot now be quoted above 3s 4d to 3s sd.—Oats : (duly 10d per lOOlbs)—The market has continued very steady during the past fornijfht, ehipraente ruling light, and holders of spot stocks being very firm in their demands. Best heavy feed and milliug descriptions are in short supply, and may be quoted to 2s 7Jd per bushel, Good feed oats rule to 2s For best samples of seed oats up to 2s lid is asked, stocks raling very light, but the demand is somewhat limited. —Maize : (duly 10d per lOOlbs).— Shews a further improvement, 3s ruling at present as market value for best samples.—Butter : (duty 2d per lb). —Since last writing the market has steadily advanced, stocks ruling light, and best local factory is nowquoted to Is 9d,and dairy made to Is 7d. For best new New Zealand factory butter from Is 6d to Iβ 7d would now be obtained, the demand being good. Pastry butter is also in short supply at present, and commands to Is Id per lb.— Cheese : (duty 2d per lb). —Continues firm, stocks ruling light, and we again quote best local to Gd per lb. New Zealand is quoted nominally to 7d, the market being practically bare of supplies.—Hams : (duty 2d per lb.—The market is but lightly supplied, and we quote best New Zealand light-weights to Is per lb.—Bacon : (duty 2d per lb), —A dull market has to ba again reported. We quote beat New Zealand a3 nominally worth from 7d to 7Jd, the demand ruling weak.—Potatoes (duty 10s per ton).— Supplies have come forward freely during the past fortnight, chiefly from Tasmania, and Circular Heads, are now quoted us dall of sale of 75?, and New Zealaads to £2 10s. Present stocks are heavy, and as further shipments are expected, we do not look for any improvement in values for some little time to come. —Onions : (duty 20s per ton).—Best Victorian onions aro juotod to £315s per ton. Christchdhch, July 22.—Wheat: The downward course of the English market has at length been arrested, owing to the broken weather in England, and should these conditions continue, an appreciable advance may be looked for, especially now that the quantity afloat for England and the Continent has reached normal dimensions. This turn in the market at Market Lane cannot produce any effect locally, as the value of weathered wheat is considerably higher than the relative prices of such quality in London, and sound wheat is in such limited supply that millers will require all that is available. Prices are firm for prime milling at 3s Gd to 3s Bd, slightly weathered 3s to 3s 3d, sprouted 2s Gd to 2s 9d, whole fowl wheat Is 0d to 2s 3d, all f.0.b., sucks extra. —Oats: A good business has been done in this market during the week, and prices are firm at our quotations. Prime milling, Is lid to 2s, heavy feed Is 10d to Is lid, ordinary Is 7d to Is 0d per bushel, f.0.b., sacks extra.—Potatoes : No improvement in this market to note. — Dairy' produce : Without alteration since our last report. HA WE R A LIVE STOCK SALE. The Egmont Farmers' Union (Limited) report under date :— Hawbka, July 2S.—We have had a very quiet week as regards sales, the onlv one to record being onr stuck sale at Hitvera, which wn3 held on Wednesday, the 27th irist., and even this w*s a disappoint ing mie, for out of an entry of 220 bend i>f cattle, and nearly 1000 sheap, only 50 of former and not quite half the number of the latter came forward for sale, and this was the more annoying as we had written to several clients who were buyers of fat stock, and of course they attended the sale, but only to meet with disappointment. Wo will allow that the very wet weather and consequent bad state of the roads had a lot to answer for in the matter, but at the same time we would urge upon everyone who advertises stock for a certain sale, the great importance of bringing it in at any risk, and so sava giving , offence to would-be purchasers by breaking faith with them. Wβ are glad to say that we have managed to dispose of a good number of both cattle and sheep privately this last week. We qnote : Fat and forward bullocks, £5 15< to £6 53; two to two and a half-year-old steers, £4 10s ; cowa, in calf, £3 7* Ori t.. £3 12,-i Gd ; eighteen-montlis heifer?, £2 10s to £3 3s. Shoep : H>>g?et<, !nix«H, 7s.