COMMERCIAL.

Temuka Leader, Issue 1079, 6 March 1883, Page 1

COMMERCIAL.

TIMAEU MARKETS

Messrs Maclean and Stewart report for the past week ending Saturday as follows :

Horses.—Their entry to-day was again limited, only 22 head coming forward, and of these none wore over medium quality. Prices realised were a slight improvement on sa'es of the past few weeks, and nearly all, were sold. They quote—Good draughts (nominally) £25 to £35 ; medium, £ls to £2y ; hacks and light harness horses, medium to good £lO to £l6, inferior and ordinary £5 to £B.

Cattle.—At the Washdyke, on Monday, their entry was small, sales confined principally to fat cows and calving cows and heifers. A few of the former were sold at equal to 20s per 100 lbs. The demand for good quality beef is improving, and any lots coming forward will meet with a good market. In store cattle there is but little doing, the only enquiries being for well grown steers, and of these very few are offering. Sheep,—There has been a little more animation in this class of stock during the week than for some time back, and prices of all descriptions of stores are firm. Yeung cross-bred s of both sexes arc much enquired for. At the Washdyke on Monday, only a few small lots came to hand, and, being mostly inferior sheep transactions, were tew. They sold a small line of merino wethers at 5s ; and at Winchester, on Thursday, 300 fat merinos at 7s lid. They sold privately during the week 840 crossbred ewes, 6-tooth; 1150 half-bred ewes, 1750 merino ewes, 200 fat crossbreds, and 800 merino ewes, at satisfactory prices. CHRISTCHURCH MARKETS. The New Zealand Farmers’ Co-opera-tive Association of Canterbury, Limited, report for the week ending Friday, March 2nd, 1883, as follows : The unfavorable reports referred to in our last, as to the damage done by the moist weather to the crops, in South Canterbury more especially, have unfortunately been confirmed, and as rain has again fallen the effects will be far more serious than many anticipate. Enquiries made show that very large quantities of grain are still in the stouk throughout Canterbury, and that in other parts of the district besides the South uncarted grain is by no means uncommon ; where, as in some cases, the grain has been cut some five weeks it is feared considerable loss will be sustained.

Wheat Apparently in sympathy with the weather the market in London is decidedly easier, and buyers in some cases are reducing their former offers by nearly 2d per bushel ; on the whole however, the price is fairly maintained, and we do not feel justified in altering our last week’s quotations, i.e., 4s 4d for Tuscan f.o.b.

Oats—Are firmer, and though not much .business has been done, holders are not so anxious to sell, except at an advance, which buyers decline to give. Barley—Any offering is freely purchased ; 4s fid is readily given for good samples, prime would command fid more.

Beans and Pens—Are without ultortiou.

Grass Seed—Eye, little offering. Ho much depends oh the quality, t|iat a range of 2s 9d to 8s 9d may ha taken as relative values. Cocksfoot is more enquired for, and sales at equal to:’4d per lb, delivered in Christchurch, have been made. There is yet a consult cable portion of this crop out which will suffer to some extent by the rain following yesterday’s excessive lieat. .

Butter—9d, with little export enquiry. Cheese—sd, with rather a downward

tendency.

. AUSTRALIAN MARKETS Adelaide, March 2. Wheat is quoted at 5s -d. The market is quiet and v«ry little is dcing, Town flour is worth £l2 IDs to £l3, and country brands £l2 to £l2 ss. Freights to the United Kingdom are—for sailing vessels from Adelaide, 25s ;do from out ports, 27s 6d. No* thing is doing in grain freights.

Sydney, March 3

New Zealand wheat is quoted at 4s 3d ; New Zealand oats, 2s 6d ; maize, 3s 6d ; Sugar .Company’s No 1 pieces, £35. ENGLISH MARKETS. London, March 1. Colonial bread.stuffs are quiet at the following prices :—Adelaide wheat, ex warehouse (lowest price), 46s ; Adelaide flour ex store, 34s 6d. Australian tallow—Best beef, 41s ; best mutton, 445, for average brands. At to-day’s wool auction 1300, bales were offered, and there was a fair demand .

March 2.

The total quantity of wheat afloat for Great Britain remains at 2,070,000 quarters, no change having occurred during the week. Adelaide wheat is unchanged at s ls, and New Zealand do, 46s (the lowest price). Adelaide flour, ex store, is 34s 6cl.

Australian mutton tallow has fallen Is, and average brands are now worth 43s ; beef has declined 6d, and is now quoted, for average brands, at 40s 6d. The total stock of tallow in London on Ist inst. was 10,800 casks.

The catalogue at to-day’s wool sales comprised 11,500 bales. The tone of the sale was dull.