COMMERCIAL.

Temuka Leader, Volume I, Issue 69, 14 August 1878, Page 2

COMMERCIAL.

[From the ‘ Timaru Herald.’] Timaru, Aug. 10. Messrs Jonas, Hart, and Wildie’s report for the week shows that fat cattle are worth fully 30s per 1001 b ; milch cows and springer-*, LBlos to Ll2 10 ; horses—heavy daaught, LSO to L6O ; medium, L4O to L4B 1 light, L 26 to L3l ; hacks, L 8 to L2B.

Messrs D. and L. McLean report about the same prices for horses and cattle, and for sheepskins at auction—eross-hreds, 3s 8.1 to 5s 8d ; merinos, Is Gd ; inferior cross-breds (a few bal s), 6HI to 7d. The Claremont Estate, offered on Saturday, 3rd August, in lots of from 150 to 300 acres, was nearly all withdrawn, prices not being considered satisfactory. A few lots were sold at from £l2 to £l4 15s per a^re.

Christchurch, Aug. 9, (From the ‘ Canterbury Times.’)

The wheat market is quite dead—nothing doing. Quotations are qu te nominal. Mil ing wheat, 3s lOd to 4s 2d ; buyers very chary of operating. Very moderate demand for seed wheats. Oats are worth from 3s 9d to 4s for feed ; seed up to 4s Gd. Tartarians in slight demand for shipment. Supplies are chiefly from the South. Barley is very scarce. First-class grain much wanted at from 5s 2d to 5s Gd.

Flour, £lO to £11; great demand for bran and sharps. Grass seeds are inquired for. Firstclass home dressed ryegrass seeds are worth 6s Gd to Gs 9d ; menium to good, 5s to Gd ; inferior and dirty, 4s to 4s Gd. Machine dressed, 7s 3d to 7s Gd. Cocksfoot wanted at 7d to 7xfd per lb. Butter, lOd ; cheese, sjd to Gd. Hams and in cloth, 7-|d. Fat sheep, L|d to 2d per lb. Market fully supplied. Fat cattle did not sell we'l at auction, prices from 27s Gd to 30s; pork, from 3d to 3M for curing. The land sales ou August Ist, 2nd, sth, and 9th amounted to 10.381 acres, producing £28,764. 1179 acres of the above were sold in the Geraldine County, and 4627 in the County of Ashlcj’-. Mr Miles’ farm of 423 acres, at Doyleston, was sold on Tuesday last in 6 lots, at prices ranging from £24 10s to £2B. New Zealand milling oats were quoted at 5s 3|d in Melbourne on July 31. The remark of the ‘ Argus’ :—“ High as these prices are. there is no question but that the state of the market is justified by the accounts received from Hew Zealand,” shows to how great an extent Melbourne is dependent ou N:w Zealand for this grain.