Commercial.

New Zealand Tablet, Volume XIX, Issue 19, 6 February 1891, Page 13

Commercial.

•T^D **!** AND MR BC^TILE AGENCT Co., LIML TED, report for the week endine February 4, as follows — brought £7 tn%7o he lS were .? nNyl y 119 h °ad yarded. Best bullocks to £4 lkf- £« I ' d '' mMinn t0 e° od - £5 to £6 ; light, £3 5s 5-Vk COW8 ~ beßt . *5 12s 6d to £6 12 3 6d. 12s Gd oi^'lr 5 W n re P enned - Best crossbred wethers brought Lambs ;o; o5 dd 77'7 7'7 ' 9*to9 * t0 118 9d ' bpflt d 0 c™.e ™. 10s 91 to I2*9d. ordint^ B^? tKsyssr 1 - Best brought 8s 6d to lls : 17i 10*267*11*™ J?"?^ Sackerfl brcn g ht 6*6 * 6d t0 ; stores, Store C.?? W ? t0 l 7a 6d ; baconers, 30s to 37s 64. oocrionTllv £' «« * c ">?*«* continues quiet, a few small sales are S Ba t Si c ! c ?l lbat P"ces are in favour of buyers. The Sonditan 11 ! "r cUb c are grown Btejrs Bnd lifers in forward obSaraffi for t SSf P !r lCeß com P« iD g ™°™ favourably with those DlaSd af Zt «J *?; wcondi tioned and mixed lots can only be wee? we soS ™v * , & S°? priCes to the *e\\er. Daring the past BtoM fsi P n tJ f Bteerß 8t £6 15s ' and 15 heife " at ** ] ss. continued SS P :7i T - ha demaDd for yonn * shee P- especially crossbred, £ consfcLSSw «h rr P /° Ving - The cn PP ljr ' to all appearance, will Sort sinnlJ JJ 1 ■ ft . of / c ;i airen «nts. Young merino, are also in Jmuch le^th^ fl p DqUU tJ tm i The nOmber of a * ed Bhee P offeri °g da? we «nlrt ! ilT a ° a th u n I° r yeare P aßt At Outram »«* Tha«lofllT. f« ♦ ?S crossbred wethers and ewes, mixed ages, to d? do full lZ\?l "J T^af Wether9 ' t0 lls ' d 0 d ° ewe8 ' to »■ 9d ; merino ew«fi« 7?' VfS* ; do do fc *°-tooth mixed, to 9. ; do do Kr'T ' and full-mouth merino ewes, at 232 3 to 2s 6d. market Jw*™? ♦ JIC6BJ IC6B fr ° m London re P ort the Progress of the i^royinltLfnr Cto KrY>priCPßforK rY>priCPBfor good "^bred ud merino h£ alSfmnJ S m Z B^r iag . & riße of a * d P erlb - tQe latter slightly 2 2" edw lth the P"ces at the December series. Medium a few Int- L m - T& ? qUOted at the Bame P rice as last sales, with chaS Tw^ fr^ 88 ' American firms "are making large purwhS we hS y i 6 3 ° tb> We held OUr thir * aale fo ' t^B season ContiZltS h A ry la - rg6 a « end ance of buyers, representing Home, MveraTfrn™ rh .. A ff mm K enC t Q firm8 ' also aII the local buyers, includmg SoXr ,C, Ch MChßndM ChBnd Wellington. Heavy purchases werf SSiMon w«. Eoa \? a <Mosgie\, and Oamaru woollen factories. ComandtthSrSn 7 K f ° r aU g °° d coloured ' I] > ht fine combin ? ™* fhoua h h?rfw< ffife.D f e . combin & meri nos, in grease and clean had attention wrthfn va 111 1 V 6V 6 same , extent the former, top price not reaching w thm iw of last season's, while halfbred reached the top. At th! auction inferior, earthy, and discoloured, both merino and crossbred Tom7o 12M ii m H- bUJe : B>faVoUr - Verier greasy half bred brought I I « ?V ',mcd, mcd , 1 ? m t0 ?ood, fairly clean and light. B}d to lOd • heavy and badlj, 'skirted, 6^d to 8d ; best crossbred, lOi to 12« medium, 8d to 9^d ; inferior and heavy, s*d to 7M ; fine light good occasion, and every lot was disposed of at satisfactory ?a,es. The attendance of buyers was good and competition active throughout rat c e BPr8 Pr a O nd wefl B ; a *'?* SUna di^ ed an advance on forme rates, and well-saved country skins were well competed for ud to CZt??? la o t6 !£ ?T try dry croßsb^ d «. infeSor to medTurn! brought Is 8d to 3s 9d ; do do merino, Is 7d to 3s 51 • full-woolled crossbreds 4s 3d to 6s 8d ; do do merino, 3s lid to 6s Id : dry pe Us S?9J vii pelts, 2s 41, 282 8 31, 2s Id, Is lid, isV Sd.ls /d'ls'od^h 18111^ 11181 23 4d ' 28 M ' 23 2d ' 23 "' l 8 lld ' l 8 namS'iB 1 Wpr 8 *™ 1111 J0?J 0 ? ol theße BtiU Come forward " but the ?ead.W nlaiS it p ood demand, however, exists. «nd all sorts are ever any are 'off' 'T^n bUyerß bem * always in attendacce whenmark" ™\2 n™i, 5° m P^ titici i ™ br.sk, every lot reali B ing Sicked very tnn? 11 Dd . ay We ° ffered a Small catalogue, whtch SSS^Sfdffir^aH?;: 1111 the at full Hides.— The market is unchanged, A steady demand exists all nn v u g fc °S bei^.readil y placed, but without any Sp^emi" 3d medi'uJ ? S 1 r f m "w la K 9t wef - k ~™" for Rood to best, 2^d to to i^d perlb id; llght ' itoI 4 d ; inferior and slippy, id sumrSonThTl! 16 l^ 7 beißß h . Me more than am P le for local consumption, the market continues firm. Rough fat is m eood demand mutrn^9 88 a tn cl 22 y otaken0 taken , nP ° D a " iVal We q-te-pfime-renlred l£ to Hs 6d ? r9r 9 ! r? l^! 0 f° Od ' IGS t0 18S ; inferior and mix « dnrm Gr Th n pmY h , P f thaßa n eady demand - a° d prices continue very firm. The quantity of really prime milling offering is hmited and There is little change in the nmket during the week Considerable fnTrner 9s9 s' 88 tt e oc r lDg beW BDd the B '" ff 'of Horna^ yiew a o a f r tb UU e DD nn b ar tOParCh r f at tbe prJCeB latel^ obtJSS^nd " dSs wouH h P M T'T f tbe harveßt ' the h °P e once held that We reZlt W «?" y . th ' 8 tlme mUBt novv ' we fear ' be abandoned. S» S week s quotations, viz., for stout bright feed and milling, Is 6d to Is 64d ; medium to good, Is 5d to l»6|d ; inferior to

medium. Is 3d to Is 4d (ex store, sacks extra).— Barley : The market is quite bare, and scarcely any coming forward. A moderately fair demand exists, and any offering, no matter of what quality, can be placed at late current rate 3; but there will be no business of any consequence paieing nntil the new crop is to hand Quotations for prime malting, 2e i 9d to 3< 3d ; medium to good, 2s 6d to 2a 9i ; feed and milling, Is Dd to 2s Id, ex store. Grass Seed.— There is some inquiry for ryegrass seed, but taere 13 very little, if any, of the new seed as yet on the market. Good clean parcels off old pasture could now be placed if available at about equal to rates lately ruling, but it is somewhat difficult to predict the future of the market. Meantime we quote beßt machinedreesed 4s 3d to 4s 91, farmer's best dressed 3s 3d to 3s 9d, medium 2s 6d to 3s per bushel. Cocksfoot seed does not at the moment command much attention ; Bmall lots are being disposed of at from 4d to 4Jd per lb, Potatoes. -The supply continues to be fully np to requirements. Consignments from the North are coming to hand freely, medium quality and rather small, consequently not in favour with the dealers, who prefer the local grown. Quotations— for best £3 5s to £3 12* 6d, medium £2 10a to £3 par ton, sacks weighed in. Chaff.— Deliveries duiing the past week have been on a more extensive scale, bat with a moderately fair demand. All coming forward is being placed at nearly up to last week's quotations, which may be repeated, viz., for best oaten, well cut and acrtened, 42fl 6d to 455, inferior to medium 30a to 40s per ton. Dairy Produce.— There is do speculative demand for either cheese or butter, and for the small quantities required for local consumption buyers are offering lower prices— say for prime salt butter 5d to 6d per lb; factory-made cheese, medium sice, 4d to Ud ; dairy made do, 3£d to 4d per lb. * ' Flax.— The market continues steady. Extra well got up parcels, bright and good fibre, are being disposed of at about equal to late rates ; inferior to well-dreesed lota are also saleable. We quotebest £19 to £20 10s. medium to good £15 to £18, indifferently dressed £10 to £14 10s per ton.

Messes. Donald Stbonach and Sons report for the week ending Wednesday, January 28, as follows :— Fat Cattle.— At Burnside to-day 184 head were yarded. The greater part of tbeße were of indifferent quality and medium weights, only about one-third of the number being really prime, the best drafts coming from Dry Park, Kirn Grove, Elderslie, and Waimate estates. Competition for prime cattle was fairly active, pricea ruling about the same as last week ; but there was no demand for indifferent quahty—geveral being turned out unsoli. Bert bullocks brought £7 to £8 12s 6d ; medium to good, £5 to £6 7s 6d ; light, £3 10s to £4 17s 6 i ; cows in proportion. Fat Sheep.— 2,o2B were penned, including about 100 merino wethers, very prime, all the rest crossbreds (the greater portion ewe*) ; quality mostly medium, only a very few pen* prime. The sale opened dull, and continued so all through, pricea ruling bein? from 6d to Is per head under these obtaining last week. Best cross--bred wethers brought 12s 6d to 13s 9J ; a email pen extra prime, 14s 6d ; medium, 10a to 12s; best do ewes, 11s to 12s; a few extra prime to 13s 9 i : mMiuiii, 7< 6 1 to 10i ; merino wethers to 10s 9J. Fat Lambs.— 676 were penned, mora than sufficient for requirements, while ranging in quality from good to prime ; but prices ruling showed a drop of quite la per head on those obtaining last week. Best brought 8s to 9a 3d, others 5s 3d to 5s 9J. Pigs —200 were punned, mostly suckers and stores, only a very few porkers and baconen. PncdS ruled about the same as last week, suckers bringing 5a 6J to 9s ; slips, 10s to 12s 61 , stores, 15s 6d to 18s 6 i ; porkers, 21s to 24a ; bacontrs, 28a to 40s ; one or two extra heavy to 48s, Store Cattle.— The position of tne market in respect to this class of stock was in no way changed since wo last reported. The demand is not by any means active, and for the few which do change hands prices obtained are not such as are likely to encourage breeders to continue to produce first-class stock. Store Sheep.— There are a preat number of these now changing hands, principally young sheep, wbich have the most demand. Aged, well-bred, sound-mouthed merino ewes are also being placed, wnile aged merino wethers, although occasional sales are being effected, are but seldom inquired for, buyers evidently holding off in the anticipation of being able later on to obtain their requirements at prices more in accordance with their idea of value. Wool. — The following cablegram received last evening from London gives Batisfaciory information as to the progress of the sales just commenced there .—". — " The sales opened this day at the level of last sales, except fine greasy crossbred, for which tne market is firmer. Attendance of both Home and foreign buyers is good. Buyers are operating with spirit, and the change in favour of sellers." The third series of local sales commences this morning in the Chamber of commerce Hall, New Zealand Insurance Company's, buildings, Crawford street ; the brokers selling in the following order :— First, Reid, Maclean and Co., followed by the Mutual Agency Company, the Farmers' Agency Company, Donald Rei-1 and Co., Wright, Stephenson and Co., the New Jealand Loan and Mercantile Agency Company (Limited). v Sheepskins.— These continue in good demand, all the offerings at auction being freely taken up. There was the usual attendance of buyers at the weekly auction on Tuesday, when a moderately -full catalogue was submitted, including the usual variety of classes. There was very good competition for all lots offered, both dry and green skins, the latter especially improving in value with the increased growth of the wool. Country dry crossbreds, inferior to medium, brought Is 7d to 3s 8 J ; do do meriuo, Is 6d to 3s 4d ; full-woolled crossbreds, 4s 3d to 6s 7d ; do do merino, 3s lOd to 6a ; dry pelts, 5d to Is 6d ; green crossbred pelts. 2s Id, Is 9d, Is 7d, Is sd, Is 4d, Is 3d ; do do lambskins, 2\ Is lid, Is 9d, Is 7d, Is 6d, Is 5d each. Rabbitskios.— Public press and private cablegrams report unI favourably of the tone of the London market at the Bales held th«r«

last Friday, 23rd inst. It would appear from these cablegrams that a fall of Id per lb. had taken place, which will be somewhat disappointing to shippers, but will hardly have any effect on operations here in the meantime, as the quantity put through now amonnts to but little, For those that are offered very fair prices are obtained — "*y, for good spring skins, lOd to la 3d ; medium to good summer, 6d to 9d ; half -grown and inferior, 2Jd to 6d per lb. Hides. — The market continues fairly steady, but quiet, the local manufacturers being the principal operators, who absorb the bulk of our supplies. We have no alteration to make in our quotations of last week, which we repeat — viz : For good to best, 2id to 3d ; medium, 2d to 2±d ; light, l£d lfd ; inferior and slippy, Id to l*d per lb. Tallow. — The market shows no change since our last report. A steady tone prevails, values remaining unchanged, and as the supply is not very heavy, there is no difficulty in placing consignments immediately on arrival. We quote— Prime rendered mutton, 19s to 30s ; medium to good, 16s to 18a ; inferior and mixed, 12s to 153 6d ; rough fat, clean, fresh mutton caul, 13s to 14s ; inferior to medium and good, 10s to 12s 9d per cwt. Grain.— Wheat : This market continues firm, but owing to the supply in agentB 1 hands being almost exhausted, transactions are not extensive, nevertheless millers are operating quietly, and taking up all offering to come forward, as well as any still in store, more especially white velvet and tuscan ; other sorts, in good milling condition, can also be readily placed. Fowls' wheat in particular is scarce and in demand, but buyers demur to give prices demanded for the odd lots offering, preferring, when available, to use cheaper substitutes. We quote— Best milling velvet and tuscan, 3j lid to 4s ; medium to good, 3a 8d to 3s 9J ; beat red wheat, 3s 8d to 3a lOd ; medium, 3s 5i to 3a 7d ; inferior, 3a to 3a 4d (ex store).— Oats : The market continues steady, but prices have not improved during the past week. Buyers decline to give over Is 6d for beat, although in a few instances more has been paid for small parcels. The demand lately has been for shipment Home, and confined to only one or two purchasers ; and no doubt the facilities afforded them in the way of shipping space will to a considerable extent influence their operations. We quote— Stout bright feed and milling, la 6d to la 6£d ; medium to good, la 5d to Is s£d ; inferior to medium, le 2d to la 4d ; (ex store, sacks extra).— Barley : There are no sales of any consequence passing in the meantime, only odd lots of inferior to medium which come to hand from time to time being disposed of. We quote prime malting, 2a 9d to 3a 3d ; medium to good, 2s 6d to 2s 9d ; feed and milling, 2s to 2s 4d (ex store). Grass Seed. — The recent rains have caused a slight demand for ryegraas seed, but buyers are not disposed to give late current rates, anticipating that the new seed can be obtained at lower prices. There is none of the new seed yet on the market, but, weather permitting, some should be showing up by next week. Meantime, we give late quotations— viz. : For best machine-dressed, 4s 3d to 4a 9d ; farmers' best dressed, 3a to 3s 6d ; medium, 2a 6d to 2s 9d per bushel. Oockßfoot seed is only occasionally inquired for— quotations, 4d to 4|d per lb. Potatoes. — The market is fully supplied with northern sorts, which are difficult to place, owing to their inferior quality, except at very low prices. The value of really prime, in consequence, is considerably affected, while the supply is not by any means extensive. Quotations for best local grown, £3 10a to £4 ; others, £2 10a to £3 per ton. Chaff,— The market this week is fully supplied, and prices easier. Quotations fur best oaten, properly cut and screened. 42s 6i to 45s ; extra prime, 47s 6d ; inferior to medium, 30a to 403 per ton. Dairy Produce.— The market is unaltered. Considerable quantities of both cheese and butter are bein? shipped Home, being the only means of quitting; stocks. There are no buyers for speculation in the market; the only purchases beiag made are for local retail, prime ealt butter selling at, s^d to 6£i ; factory-made cheeße, 4i to 4Jd ; good dairy-made, 3£ i to 4d per lb. Flax.— A very fair demand exists for well got up parcels; longfibred wbite and soft at pncts relatively higher than thosa paid at Home. Second and third-rate quality can also be placed f>r shipment. We quote :— Soft and bright, £19 to £20 10s; medium to good, £15 to £18 ; coarse and strawy, £10 to £14 10s per ton.

Messrs. Donald Reid and Co., Dunedin, report for the week ending February 4, as follows :—: — Store Cattle. — We have an occasional inquiry for well-grown bullocks, but at present have no transactions to report. Store Sheep.— The demand for this class of stock continues very brisk, and there is no difficulty in placing any suitable lines of young sheep, more especially crossbredß. For wethers of this class there are numerous inquiries ; bat comparatively few over two-tooth are on offer, and the prices asked for this class are in most cases too high to admit of business. Privatelj during the week we sold 500 threequarterbred lambs, 1000 four-tooth wethers and ewes, and 400 fourtooth crossbred wethers. Wool.— Our fourth sale of the season will be held on Thursday and Friday, the 19th and 20th February, at the Chamber of Commerce Hall, when we will offer a large catalogue. Sheepskins.— We offered a large catalogue at our sale on Tuesday. There was a full gathering of buyers, and bidding was brisk. We quote— Green pelts, Is Id 10 la lOd ; do lambs, Is 2d to Is lOd ; dry crossbreds, 2s Id to 6a 3d ; do merinos, Is 8d to 5a 4d : do lamb and pelts, 6d to 2a 4d. Hides. — There is no change to report in this market. For heavy hides, well flayed and cleao, there is a good demand, at up to 3d per lb. Tallow.— Continues to meet a ready Bale. We quote— medium rendered 13s to 16s ; inferior rendered, 11s to 12s 6d ; rough fat, 9s Cd to 13s. Wheat.— The market is almost cleared out, and only very small supplies coming forward, We quote :— Prime milling, 3a 91 to 3s Jld ; medium, 3a 6d to 3a 8d ; fowl's wheat, 3s to 3a sd.

Oats.— There is still an excellent demand for prime milling samples and for the bright short feed, but inferior and discoloured meet with little enquiry. We quote :— Milling, Is s£d to Is 64-d ; feed, Is 3d to Is sd, sacks extra. * Barley.— Stocks are well cleared out, and prices are firm. We quote :— Malting, 2a 8d to 2a lOd ; milling, 2a 2d to 2s 7d ; feed, Is 7d to 2s Id, tacks extra. Potatoes. — The market is moderately supplied and prices are unaltered. We quote :— Prime £3 10s to £3 12a 6d ; inferior, £3 to £3 7s6d. Chaff.— Really prime oatsheaf is scarce ; but inferior and light is in plentiful supply. Prices are slightly easier. We quote :— Prime £2 2s 6d te £2 ss ; inferior, £1 15s to £2.