COMMERCIAL.

Temuka Leader, Issue 1144, 23 February 1884, Page 3

COMMERCIAL.

AUCTIONEERS’ REPORTS.

OHBISTCHUBOH. Messrs Robert Wilkin and Co. report : At the Addington Yardsjon Wednesday 6809 sheep and ■ 441 head of cattle were penned. Fat sheep—A fair supply offered, a good pioportion of which comprised prime descriptions. The biddings were animated compared to late sales, and prices a shade in advance were obtained, The store sheep class was made up principally of lambs, which met ready sales to 10s 6d each for best drafts. In fat cattle a full supply came forward, for which there was little or no alteration in prices compared to late quotations, while full two-thirds of the store cattle submitted were turned out unsold. Sheepskins, hides, fat, etc.—Our catalogue this week comprised about 1800 skins and 60 bags fat, buyers bidding freely, and last week’s quotations being fully maintained. We quote for crossbreds— Is to 3s Id. Merino—2s 3d, to 3s Bd. Pells—2d, to Is 6d, Lambskins —Bd, to 2s 4d. Fat from to 2jd. Hides unsold.

CHRISTCHURCH CORN EXCHANGE

Tbe Corn Exchange report for the week ending Friday evening, the 22nd inst : The late cablegrams from London have had a depressing effect on the grain trade, particularly in wheat, and will no doubt tend to make growers reluctant to sell to local buyers at such prices as are offering for the new crop, the general feeling of our more opulent farmers being that they would prefer shipping on their own account. It is fortunate that the quantity per acre is on the average much greater than in former seasons, and will thus to a certain extent, compensate for the lower rates likely to obtain. Farmers are to be congratulated on the continuance of favorable weather for harvesting, which has been almost all that could be desired. The quotations for the week are as follows Wheat.—A few sales have taken place at 3s 6d, f.0.b., for intercolonial orders, Tbe prices offered, however, are so undecided in limit as to make it difficult to quote what might be considered a fair opening price. Oats.—Prime milling 2s Id to 2s 2d ; short feed, bright, 2s to 2s Id, f.0.b,, with a fair demand. Barley.—A few lines have been offered, for which 4s has been asked, but little business has transpired, buyers offering 3s 6d for fair samples. Grass Seed. -[n rye grass, farmers’ parcels, 3s to 3s 3d ; very prime, 3s 6d per bushel, at Christchurch, Cocksfoot, buyers are still offering 3Ad, f.o.b. Lyttelton, but growers refuse to quit at tbe price. Butter and Cheese. —7d to 8d for tbe former, and 3Jd to 5d for the latter

AUSTRALIAN MARKETS,

Melbourne, Feb. 20. The Melbourne Manager of the National Mortgage and Agency Company of New Zealand (Limited) reports of the grain market as follows : Wheat, per bushel, 3s 11 id to 4s market rather firm ; malting barley, 4s 3d to 4s 9d, with hardening tendency; New Zealand oats are quoted at 2s 6d to 3s 6d, market rather weak ; New Zealand oats under bond are slow of sale at 2s 3d to 2s Bd.

ENGLISH MARKETS,

London, Feb. 19. Adelaide wheat, ex store, Ms ; New Zealand do, 36s to 425. Adelaide flour, ex warehouse, 31s.

Australian tallow, :v 'p-On ilcef, 38s ; mutton, 41s t>J. Tiie catalogue at to-day’s wool sale comprised 10,100 bales. The market continues steady, but without active demand. New arrivals to date amount to 357,000 bales, and the entries have been closed. Washed and scoured wools are now in better demand.