COMMERCIAL.

Temuka Leader, Issue 1170, 26 April 1884, Page 3

COMMERCIAL.

DUNEDIN MARKETS. Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited) reports for the week ending April 23rd as follows : Fat Cattle -The market to-day was glutted, no less a number beimr forward than 307 head. About the half were prime, the balance being only light and of medium quality. This number being far in excess of trade requirements, competition was dull all through. Several nenc were withdrawn, and prices were lower, I c't bullocks brought from £3 to £lO 15s ; others., £5 10s to £7 10s ; best cows, £8 to £8 17s 6d ; others, £3 10s to £6 10-'. We quote prime beef at 17s 6d to 20s; ordinary, 15s per lOOlbs. Fat Calves —From 8s to 32s 6d each. Fat Lambs, up to 9s 9d. Fat Pigs—Suckers sold at 16s to 18s Gd, porkers and bacon pigs at from 28s to 71 a each. Sheepskins Butchers’ green crossbreds brought Is 10d to 2s 8d ; dry do, 2s 2d to 3s 4d ; green merinos, Is 9d to 2s 2d ; dry do, 2s 8d to 4s 9d ; dry pelts, 2d to Gd ; green lambskins, Is 9d to 2s Id. Tallow—Medium to good, 31s; mixed, 25s to 25s 6d ; and rough fat 25s per cwt. Grain —Wheat ; The market in the meantime is confined to the operations of our local millers, who continue to buy no more than is sufficient for present requirements, and as hitherto really choice milling samples have not been in supply, the price for this quality has been well sustained. There is no outlet at present for damp or inferior unless at very low rates, and that in small quantities. We quote prime milling at 3s lOd to 3s lid ; fair to good, 3s Gd to 3s 9d ; inferior and fowls’ feed, 2s to 3s, bags included. Oats : There is a fair demand, and last week's prices still are obtainable. The seasonable weather for the last fortnight has enabled farmers to thresh, and consequently the deliveries this week have been much larger, affording to buyers a better choice, so that only the choicest samples bring late rates. We quote stoat milling at 2s 2d; short bright feed, 2s to 2s Id; Medium, Is 9d to Is lid. Barley : There

are a good many samples offering, but as the bulk is for the most p-irt not- yet threshed there are but few deliveries. Sales have been made of prime malting since our last report at 4s Id, bags included. Milling is worth 3s. Ryegrass Seed—No demand. Messrs Donald Reid and Co. report fur the week ending April 23rd as follows : Potatoes—Throughout the week there has been quite a rush. In const qnence the market is glutted, and prices have given way, 57« 6s to 65s may lie given as top market iates. We sold 57 tons at above rates.

CHRISTCHURCH MARKETS.

At the Addington Yards on Wednesday a fairly large supply was on offer. Attendance of buyers was only a moderate one, and sates throughout very languid. Fat sheep So.ne good lines of prime wethers came forward, which sold well ar late rates, from 16s 6d to 20s per head. Fat ewes, which formed a large proportion of the entry, sold at from 12s to 18s 3d, being from 2jd to 3d per lb, according to quality. A large entry of store sheep came to hand; rates in almost every instance show a falling off. Sales were as follows :—Lines of merino ewes at from 2s to 8s 6d, crossbred ewes from 9s to 13s 3d, mixed ages 12s 10d, lambs at 6s Gd and 8s 3u, and merino wethers at 4s lOd to 5s 9d. A small entry of fat cattle sold at a slight advance on ' previous rates ; steers from £6 2s 6d to £9 10s, heifers £5 5s to £' 7 10s ; fat cows from £4 10s to £8 sr. But little was offering in the store cattle market, and business was at a minimum.—Press. Messrs .Robert Wilkin and Co, report : Wool, Sheepskins, Hides, Fat, Tallow, etc. Our usiid sale Was held on Thursday, the instant, the quantity forward being greatly in excess of late Our catalogue consisted of about 2480 sheepskins, 34 bales and 15 bags of wool, together with 49 packages fat and 173 hides and calfskins. Butchers’ crossbreds fetched from 9d to ss; do merinos, Is 4d to 4s ; lambskins, Pd to Is 8d ; pelts, 2d to Is 9d. Wool—Merino, greasy, 5d to 7£d ; do, scoured, Is and Is 4d ; crossbred, to 6d ; lambswool, to 6d ; locks, pieces, etc., Id to 2d per lb. Rough fit and tallow, 2d to 2f-i per lb. Hides, 3d to 41 per lb the higher price for heavy wo'gilts ; damaged, ‘2h i per lb. Calfskins, in good condition, 4d per lb ; damaged, 2£d per lb. CHRISTCHURCH CORN EXCHANGE. The Corn Exchange report for the week ending Friday evening, the 25ih inst : The increased activity for the week anticipated in last week’s report has been fairly maintained, large lines of all kinds of grain coming freely forward. Holders evidently fear a farther reduction in the English market, and are therefore eager to press on deliveries of wheat, although a few of -the more sanguine are holding back in hope of a turn for the better. Barley of tirst-rate quality is still in fair demand for malting, feed oats not being at all inouired for. The steady demand for good feeding oats considerably exceeds the supply, growers continuing to hold for an advance. Prime samples readiiy command sales at former rates. Potatoes are now beginning ro attract attention, and the season may be said to have faitly opened, several large lines having been placed during the week. Dairy pro aice is unaltered in price, although butter is in good request for shipment to the Sydney market. Quotations as follows : Wheat.—Tuscan, 3s 5d ; Pearl, 3s 4d ; Hunters, 3s 3d, f.0.b,, for first quality and dry. Oats.—Milling, 2s 3d ; bright short feed, 2s Id to 2s 2d ; long oats, la lOd to 2s f.o.b. Barley.—Malting, 3s 9d to 4s, Christchurch ; feed, 2s to 2s 6d, f.o.b. Grass Seed.—Rye—fanners’ parcels, 3s 3d to 3s 6d ; machine dressed 4s. Cocksfoot 3£d to 4d per lb, f.0.b., Lyttelton. Potatoes— 30s to 32s 61 per ton at country stations within 12 miles. Butter.— 9d to lOd. Cheese 4£d. AUSTRALIAN MARKETS. Melbourne, April 23, The Melbourne Manager of the National Mortgage and Agency Company of New Z ealand (Limited) reports of -the grain market as follows : Wheat, 3s lid to 4s, market flat ; malting barley firm at 4s 3d and 4s 9 1 ; New Zealand oats are fi.ni and m active demand at 2s 8d to 2s lid for feeding, and 2s lid to 3s Id for malting sorts. New Zealand oats, under bond, are in good demand at 2s 7d to 2s 91. —