COMMERCIAL.

Temuka Leader, Issue 1146, 1 March 1884, Page 3

COMMERCIAL.

AUCTIONEERS’ REPORTS

CHEISTCHUKCH. Messrs Robert Wilkin and Co. report : At the Addington Yards on Wednesday 6922 sheep and 420 head of cattle were yarded for the week’s supply. Fat sheep —A lull entry to hand ; only a moderate inquiry, and several lots turned out unsold. A fair entry of stores met a ready sale at prices fully equal, to late rates. In fat cattle a good supply was yarded, the demand for which was about equal to last week. We sold, on account of various owners, crossbred wethers at 14s 9d to 15s each ; a draft of merinos, from the Heslerton estate, at 10s 9d ; lambs from fis 9d to 9s, according to quality; fat cattle, equal to late quotations. Skins, Fat, Tallow, etc. —We offered at auction to-day about 1500 sheepskins and 70 bags fat, the prices realised being For crossbreds, from fid to 3s 4d ; merinos, 8d to 3s lid ; pelts, 2d to lid ; lambs, Is fid to Is 8d ; fat from 2d to 2|d. Hides unsold. DUNEDIN. Mr L. Maclean, under arrangements with the British and New Zealand Mortgage and Agency Company, Limited, reports for the week ending Feb. 27th as follows : Fat Cattle—A small number were yarded to-day—viz., 120 head, and with the exception of a few pens of good quality bullocks, the remainder were of medium weight and quality. Competition for the the several pens of prime was brisk, but for the balance sales were dull, the trade having partly supplied themselves from last, week’s market. Prime bullocks, from £8 to £9 17s fid ; fair to good, £5 5s to £7 15s ; cows, from £4 10s to £7- I quote prime beef 22s fid per 1001 b, Fat Sheep—ln all 1927 were penned, consisting of 1647 crossbreds, and the balance merinos. The larger portion of the former were good to prime, and about one half of the merinos were fair quality mutton, and the remainder little better thafi stores. Prime crossbreds brought from 15s fid to 17s ; others, 12s 9d to 14s fid ; merinos, up to 12s fid. I sold on account of Mr M. Quinn (Temuka), 137 prime crossbreds at from 16s 9d to 18s—top price in the market. Fat Lambs—297 were penned, and all sold under good competition at from 10s to 12s 3d.

Fat Pigs—7B were yarded, of which I sold 33 as follows;—2 at 635, 2 at 635, 2 at 50s, 8 at 465, 7 at 445, 10 at 365, and 2 at 335.

Wool I shall hold my next wool sale sn Monday, March 4, immediately after my skin sale. Sheepskins—l held my usual weekly sale on Monday last, and with the usual attendance of the trade, I disposed of the various lots catalogued at prices about the same as last week. Dry skins brought up to 3s 7d; pelts, 9d to Is 4d ; lambskins, 8d : butchers’ lambskins, Is 2d ; do, pelts, Is 2d.

Hides- I have disposed of all lots on hand at from 3d to 4|d, according to weight and quality. Tallow remains readily saleable at recent quotations. Grain—Wheat: There are but few lots oi the new crop offering, but prices already accepted for several small consignments show a decided decline on recent quotations. Prime parcels have been offered at 4s to 4s Id per bushel. Prime old wheat is not to be had, but inferior lots are being offered freely at 2s Gd to 3s 6d per bushel. Oats : A.t present there are no shipping orders, and local buyers only purchase for immediate requirements, consequently prices have shown a downward tendency. I quote bright milling, 2s to 2s Id ; bright feed, Is lOd to Is lid; medium, Is 9d to Is lOd. Barley : I have a lot under offer, but as yet no transactions to report.

OHSISTOBUROH COM EXCHANGE

The Corn Exchange report for the week ending Friday evening, the 29th inst :

Owing to the favorable weather lately experienced for harvesting, < which is now being proceeded with in real earnest,’ fanners'do not feel inclined to lose time in putting their earlier crops in the market, consequently operations in all kinds of grain have beep a good deal restricted, and there is little likelihood of a material enlargement of business for a few weeks to come. Emm the condition of many samples brought in during the last fortnight it fa to be feared that our whea,t will not bear favorable comparison with that of other colonies, there being evidently a desire on the part of producers to hurry up harvesting a,n,d thrashing too close on each pJh&n, and not giving sufficient to mature iq the stack the grain lias a tendency to toughness, which is most undesirable. Quotations as follows :

Wheat shows no change of any consequence, the values not being in any way settled as between buyers and sellers, the nominal price being about 3s 6d per bqshel, f,o,b„ with no inclination in buyers, to advance. Oats have a slightly drooping tendency; buyers are freely offering 2s to 2s Id, f.0.b., but holders are unwilling to part at that figure. Barley—A few parcels of small dimensions have changed hands at from 3a 3d to

3s 9d ; the opting price, as far a- can be gathered, may be put down at from 3s 9J to 4s for very prime samples. Grass Seed —Rye grass is in good demand at former rates, viz., from 3s to 3s fid, a shade more being obtained for extra good. Cocksfoot continues to be held for higher prices than buyers are disposed to meet; nominal value 3sd, f.o.b. Butter and Cheese —Market unaltered, with a little better enquiry for the former.

AUSTRALIAN MARKETS.

Melbourne, Feb. 27. 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 fid to 4s, prices are barely maintained ; malting barley, 4s to 4s 9d, the market rather weaker. New Zealand oats are lather depressed, feeding qualities, 2s fid to 2s 9d ; milling ditto, 2s lOd to 3s, New Zealand oats under bond are in fair demand at 2s 2d to 2s 7d.

ENGLISH MARKETS

London, Feb. 26. At to day’s wool sale the catalogue comprised 10,000 bales. A fair demand was experienced, Fob, 27. At the wool auction to-day 68,000 bales were offered. The bidding was steady, but without active demand. Adelaide wheat, ex store, remains at 44s ; and New Zealand, do, 37s to 425. Adelaide flour, ex store, 30s.