COMMERCIAL.

Temuka Leader, Issue 1139, 25 August 1883, Page 3

COMMERCIAL.

AUCTIONEERS’ REPORTS. OHBIBTCHUECH. ' Messrs Robert Wilkin and Co, report: —At the Addington yards on Wednesday 5151 sheep and 208 head of cattle were yarded. Fat Cattle—A small supply to hand, two-thirds of which consisted of second and medium sorts. Prime pens of 'steers sold readily at an average of 27s 9d per 100 lbs. We sold, on account of the Pareora estate, prime crossbreds at 17s, 17s 3d, 18s and 18s 6d each ; on account of other clients, mixed crossbreds at from 13s 3d to 15s 6d. .'Fat steers, medium quality, at £5 10s to £6. At our sheepskin sale on Thursday we catalogued 29V3 skins. We sold country crossbreds at 3s 3d, 3s Bd, 3s lid and 4s 6d ; country merinos, 3s 3d, 3s 9d, 4s sd, np to 4s 8d ; butchers’ crossbreds, 4s, 4s 6d, 4s 9d to 6s ; butchers' merinos, 4s 2d, 4s 5d and 4s lid. A splendid line of crossbreds from the Woodbinds station reached 4s lOd, a drop of at-least 4d per skin compared to last week’s rate for same quality. A line of Mr J Deans’ factory skins reached ss, and two grand lines of factory skins, belonging to Messrs Partridge and Edwards, sold respectively at 4s lid and ss. Fat and Tallow—We sold fat at from 2d up to 2id ; tallow from 18s up to 24s 6d. Hides aud calfskins same as l-ist week. CHRISTCHURCH CORN EXCHANGE. Report fop the week ending Friday evening, the 241 h inst.:— The market is still without animation, and no vital change has taken place in values during the last week. Wheat—Good milling samples 4s to 4s 2d ; seed samples, 4a 6d to 4s 9d ; second quality milling, 3s to 3s 9d ; chickwheat, 2h 3d to 2s 8d per bushel in Christchurch, 6 its—Stout milling of bright quality, 2s to 2s 2d f o h ; feed quality, Is 9d to Is lid delivered in Christchurch. Barley—First class malting, 4s 3d to 4s 6d per bushel, delivered in Christchurch ; feed and second class. 2s 4d to 3m 9d, delivered in Christchurch. Grass seed—Farmers’ samples, 3s 3d to 3s 9d per bushel; machine dressed, 4s to 4s 3d. Potatoes—There is little or no business being transacted. Prices nominally 28s fid to 30s at country stations. Cheese and Butter— 4£d to 5d for the former ; 9d to for the latter. AUSI KALIAN MARKETS. Melbourne, Aug. 22, Private telegrams which have been received here, confirm the report of the opening of the London wool sales, to hand through Reuter’s Agency. Private advices, however, state in addition that a great decline baa taken place in all faulty and low crossbreds, and that

bidding at to-day’s auction was hesitating. ______ ENGLISH MARKETS, London, Aug. 21. The third of the year’s series of colonial wool auctions opened to-day with a good attendance of Howe and foreign buyers. Hie opening catalogue comprised 11,400 bales. The various lots found but slow sale, and the market was very drooping , the prices realised being generally a halfpenny lower than the closing rates of the May or June series, Ang. 22. The catalogue at to-day’s wool sale comprised 11,700 bales. No improvement in the prices realised was manifested. The New Zealand Loan and Mercantile Agency Company, Limited, report under date London, July 12th ; Wool—Since the close of the second series of sales on 22nd ultimo the market has been without change, there having been no enquiry of importance to record. Home manufacturers continue to be well employed, although (he imrerauneralive nature of the business in progress is still a source of complaint in many quarters Reports from continental consumers, more especially the German section, are fairly satisfactory. Arrivals to date for the the third series are as follows ;

New Smith Wales and Queensland, 91,485 bales ; Victoria, 78,323 ; South Australia, 25.694; \ v estern Australia, 356 ; Tasmania, 9,392 ; New Zealand, 90,739 ; Capo of Good Hope, 49,450 Total 345,439 bales. At Antwerp the: periodical sales of River Plate wool will commence on 23rd instant. It lias been arranged to offer in the opening days of the series some 16,000 bales Australian produce, including those parcels available for the previous auctions but not yet offered.

Corn Mai ket—With a continuance of existing conditions, wheat cutting will be general throughout August; hot while a fair average yield is possible, a really good .harvest cannot be looked for. On the Continent of Europe crop prospects vary considerably. Holland, Belgium and Italy sending good 'accounts, Germany hopeful, and Hungary doubtful. Quotations are irregular, but must be generally quoted la and la 6d per quarter lower, without inducing anything more than a bare consumptive demand at the reduo tion. Stocks at ibis port have been still further augmented by heavy arrivals, the imports for the past seven weeks having averaged over 100,000 quarters per week, without any prospect of an immediate falling off. The quantity of wheat in warehouse in London on Ist instant was 475,743 quarters, against 307,224 quarters at same date last year; the corresponding figures for flour being 409,175 sacks, nnd 7,234 barrels, against 207,142 sacks, and 6,556 barrels. Business in America has exhibited unexpected weakness, and as telegraphic advices from that quarter quote lower prices, values here incline to favor buyers to a still further extent, The cargo trade is inactive, nnd it is now impossible to find buyers for an arrived New Zealand cargo at 41s per 4801bs. Two of these have accordingly been ordered to London, and are now being marketed at 42s to 43s 6d for small berry, and up to 45s 6d to 46s for Tuscan. Off coast, the Dumbartonshire (6,944 quarters) from Lyttelton has been sold at about 41s 6d (supposed) for Plymouth, whiie the Firth of Forth, Firth of Tay, and Gareloch, all from Lyttelton have been withdrawn for London, Antwerp and Dunkirk, respectively, 40s per 4801bs having been refused for the last named cargo. The Amoy from Lyttelton (6,510 quarters) arrived at Falmouth on 9th instant and is still awaiting orders. Of Australian shipments, the A. Wilhelmina from Victoria realised 44s 6d (with 100 bags rejected), and 44a is bid for a South Australian cargo per Yale of Devon. The quantity of wheat on passage for shipping to the U.K. is at present I,769,oooquaaters. against 1,852,000 a fortnight ago. The American ‘ visible supp'y’ is reported as 19.400,000 bushels, as compared with 20,625,000 bushels in our la«>t Circular, and 10,600,600 bushels at, the corresponding date in 1882. Flour is again lower, except in the case of well-known brands. Oats are fairly steady at about previous prices. Frozen Meat.-The expected near arrivals are the British Queen ("«) from Lyttelton, with about 6 000 carcases, due about 19tli instant; the John Eider (s) from Melbourne, with, say 2,500 carcases; and the Lusitania (s) from Sydney, with 5,000 carcases.