COMMERCIAL.

Temuka Leader, Issue 1151, 22 September 1883, Page 3

COMMERCIAL.

_ +. AUCTIONEERS' REPORTS. OHEISTOHTJBCH. Messrs Robert Wilkin and Co. report : At their Addington yards on Wednesday 5780 sheep, 413 head of cattle and 62 pigs were yarded for the week's supply. Fat sheep—A large entry to hand, a good proportion of which consisted of prime quality descriptions. Competition was fairly animated throughout the sale, late prices being maintained for butchers' crossbreds and merino wethers. In fat cattle a much larger entry than usual came forward, and the quality was above the average. For prime pens of steers late quotations were fairly maintained. We disposed of crossbred wethers at from 15s to 16s each ; fat cattle at low rates. At our sale of sheepskins, fat, hides and tallow, on Thursday, we catalogued 2573 sheepskins, 57 bags fat, and 141 hides. We disposed of all our lots at an increase on our last week's rates, especially noticeable in butchers' skins. We sold country crossbreds at 2s 3d, 3s lid, 4s sd, 4s 9d, up to 5s 4d for a line of well-saved heavy skins. Country merinos, 2s 2d, 2s Bd, 3s 6d, 4s, 4s Bd,4s lid,to 5s 5d ; butchers' crossbreds, 4s 6d, 4s 9d, 5s Id, to 5s 3d. A line of Mr J. Rosewarne's crossbreds reached 5s 6d, top price for the day. Butchers' merinos, 4s 4d, 4s 7d, 5s to 5s 41, Fat—We sold at from 2d per lb up to 2|d for well-saved country fat, Hides, wet-salted, 3id; dry salted, 3fd ; cut and damaged, 2£d ; calfskins 3|d. CHRISTOHUROH COEIS EXCHANGE. Report for the week ending Friday evening, the 21st inst : The principal featares of the week, and the only one which is deserving of notice, is the persistent continuity of depression which pervades all trades, and more particularly the grain trade ; sales of all classes of produce are difficult to effect, so that in sympathy with this values may be said to be a shade easier. Wheat—Good milling samples, 3s lOd to 4s per bushel, delivered at Christchurch. Seed quality, 4s 6d to 4s 7d per bushel; second quality, 3s to 3s 6d per bushel ; chick wheat, 2s 2d to 2s 6d per bushel. Oats —Bright milling quality, 2s to 2s Id per bushel, f.o.b. ; feed quality, Is 9d to Is lid per bushel. Barley—First-class malting, 4s 3d to 4s 6d per bushel ; feed quality and second quality malting, 2s 4d to 3s 6d per bushel. Grass Seed—Farmers' samples, 3s 3d to 3s 9d per bushel; machine dressed, 4s to 4s 3d per bushel; cocksfoot, 4£d to 4|d per lb. Potatoes, 25s to 27s 6d per ton. Cheese and butter, 4£d to 5d for the former, 8d to B|d for the latter. MELBOURNE MARKETS. The N.Z. Loan and Mercantile Ago-ncy Company (Limited) report under date Melbourne, Sept. sth, as follows : Sheepskins,—A good busiaess is being done, and arrivals have had a satisfactory clearance. Better news from Home regarding the wool sales and the continuance of good drying weather, has firmed the market, and quotations of last week are well sustained. Lamb skins, up to 2s 6d each; butchers' skins, up to 6s 9d each ; dry skins, Is 4d to 3s each ; station skins (in bales), 3|d to 7d per lb. Hides, —Inferior sorts and light weights are still neglected, and some difficulty is experienced in quitting consignments of this description. The heavier sort 3 still command attention, and some large clearances have been effected at prices given below. Green ox hides, 16s to 30s each ; gieen cow hides, up to 3d per lb ; calf skins, 3d I to per lb ; New Zealaud hides, up

to 5d per lb ; kip hides, up to 3|d per lb; Victorian salted hides, to 4d per lb ; do, extra heavy, up to 4id per lb, Wheat.—The market remained very dull from the date of our last weekly report up to Monday when the requirements of local millers necessitated their purchasing. A revival in the demand was followed by more willingness being shown to give holders' reserves. At our usual weekly sale to-day wc quitted some very fair parcels at 4s lid to 4s for good to fine average milling wheat, and 5s for prime samples, The biddings were brisk, and came from the trade generally. Market closes firm.

Flour.—There has been a fair inquiry for export, and some good parcels of country brands have changed hands at LlO, f.o.b; Makes not in favor have been sold as low as L 9 15s, but market quotations may be taken ranging from L 9 17s 6d to LlO, and up to LlO 2s 6d for special brands, f.o.b. Oats,—The demand for consumption shows a falling off ; the large quantity of greenstuff in the market supplying feed requirements in some directions. We sold to-day good stout feed at 3s 2d, fair at 3s Id, and black at 3s These prices fairly represent market values. Barley,—Prices have been maintained principally for prime malting. Maize. —This market is decidedly easier. Offers for Clarence River Samples do not exceed 3s lOd, and trade lots sold at 3s Victorian ninety day we sold this morning at 3s 8d to 3s B£d. Peas.—Demand slack. Quotations about 3s 8d to 3s BU. Bran.—Prices have receded to 12d and 12|d. Pollard.—Small sales at 13d. ENGLISH MARKETS. London, Sept. 18. At the wool sale to-day, 9200 bales were offered. No material change was experienced, but the market is if anything weaker. Fleece and scoured wools are now one halfpenny lower than at the close of last auctions. Sept. 19. The markets for colonial breadstuffs have further declined. Adelaide wheat, ex store, is quoted at 45s 6d; New Zealand wheat, ex store, 40s to 44s ; Adelaide flour, ex store, 335. Australian tallow remains at 40s for best beef, and 41s for best mutton. At the wool sale to-day 11,400 bales were offered. The market was quiet. The New Zaaland Loan and Mercantile Agency Company report under date London, August 9th, as follows : Wool—There has been a fair enquiry during the past fortnight, but although several sales have been made by private treaty, the quantities disposed of have been small, and do not lepresent in the aggregate any important total. At the public sales at Antwerp, which are still in progress and which will close on the 10th instant, competition and prices have on the whole slightly hardened. In the general conditions upsn which the trade depend, there has latterly been but little change. The requirements of machinery remain no doubt very considerable, but the margin upon which manufacturers and spinners are now working is extremely narrow. No improvement has taken place in the market for home-grown staple, Arrivals to date for the third series number 409,558 bales, of which some 40,000 bales have been forwarded direct into consumption. It is anticipated that before their commencement on 21st instant a net total, including old stock of 410,000 bales will be available for disposal. Corn Market Notwithstanding the very large stock of wheat in granary the London and provisional markets have been highly sensitive, and at Mark Lane an advance of about 2s per quarter has been established. Now Zealand descriptions being scarce at the moment, though a good supply is close at hand, have fully participated in this advance. The quality and condition of the most recent arrivals have been very poor. The business in cargoes have been limited, and importers have not pressed sales. Two cargoes of Australian have been placed at 45s 9d and about 465, both for Rouen, whilst another has been withdrawn for Antwerp. New Zealand cargoes are now arriving more freely, but the demand is not active, as buyers are afraid of their condition. The sale of the cargo per ' Lovehierte' is reported at 43s 3d for die Continent. Those on sale off coast at present are the ' Aurora' from Timaru, the ' Invercargill ' from Bluff, and the ' Selkirkshire,'' Arabella,' 'Castle Home ' and ' Wanlock' from Lyttelton, which are held about 435, at which figure there is a Continental demand. The 'Elizabeth Graham ' has been withdrawn for London. The quantity of wheat on passage and shippina - to the United Kingdom is at present 1,521,000 quarters as compared with 1,640,000 quarters a fortnight ago. The American ' visible supplv' is reported e% 17,725,000 bushels as against 88,175,000 bushels in our last circular and 10,800,000 bushels at the corresponding period in 1882. A few 'parcels of oats have arrived, mostly in fair condition. Some small lots of beans also are already to hand, having been despatched before being thoroughly dried, and in consequencejiave turned mouldy on the voyage, A shipment per British Queen has turned out black and of merely nominal value. Beans in good condition would find a

ready sale but it is essential that they should be dry and hard at time of shipment. Flour continues steady at advanced prices. To-day's quotations ex granary are as follow .—Australian wheat, 48s to 49s ; New Zealand, do, long berried, 47s to 48s ; average, 45s 6d to 46s Gd ; inferior 42s to 43s per 4961 bs. I*l oar—Australian superfine, 32s 6d to 33s 6d ; fine, 30s to 31s ; New' Zealand, patent, 32s 6d to 33s Gd ; fine, 29s to 30s per 280 lbs gross: Barley-New Zealand, 34s to 85s per 4481 bs. Oats—New Zealand, fine 32s to 34s ; ordinary. 26s to 27s per Imperial qi\ Beuns—New Zealand, 41e to 42s per 504 lbs. ______