COMMERCIAL.

Temuka Leader, Issue 1239, 13 September 1884, Page 2

COMMERCIAL.

DUNEDIN MARKETS. At the Burnside yards on Wednesday 183 head of fat cattle were yarded, onethird of which were prime, and the balance fair to medium. Prime cattle realised fully last week’s rates. Biddings at first were somewhat languid, but as the sales proceeded became brisk, and for prime stock were a shade higher than last week. There was a fine draft of bullocks from the Seadown Estate, which brought fully over last week’s rates. Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited), reports : Best bullocks brought from £9 10s to £ll 17s 6d ; others, £5 5a to £9; cows in proportion. We sold on account of the proprietors Seadown Estate, 24 bullocks at from £9 5s to £ll 17s 6d, averaging £lO 15s; Mr A. Grant (Temuka), 14 heifers at £7 7s 6d to £8 2s 6d ; Mr J, Andrews, 8 cows at up to £6 10s each. Eat Sheep—326s were penned, of which 1751 were crossbreds and 1574 merinos. The greater portion of the supply were good quality, but owing to the number being in excess of requirements, a reduction in prices had to be submitted to. Crossbreds were Is to Is 6d, and prime quality merinos 2s 6d lower than last week. —Mr Donald Stronach reports: Best crossbred wethers brought 17s Gd to 18s 3d ; others, 12s 6d to 16b 6d ; merinos, 9s 3d to 12s 9d. We quote prime crossbred mutton at Sd ; do merino, 2jd to *2£d per lb. Fat Lambs —The first of the season were yarded to-day, and although rather young, were fairly competed for. Mr L. Maclean reports ; 64 came forward (the first of the season) which 1 sold on account of Mr A. M’Lean (Waimate), at from 5s 6d to 7s 3d.

Store Cattle and Sheep—Mr Donald Stronach reports that there is no inquiry, and nothing of any importance transpir-

mg. Pigs were penned, chiefly puckers and small porkers. Mr Donald Stronach sold 7 at 13s, 10 at 22s 6d, 4 at 275, 4at 345, and 2 at 48s. Messrs Donald Reid and 00. sold a few at up t» 100 s.

Sheepskins—Mr Donald Stronach submitted a full catalogue on Monday, and reports a large attendance of the trade and keen competition. An advance of from 3d to 6d on last week’s rates v/as obtained, with values more even. Green crossbreds brought from 4s 9d to 5s 6d , do merinos, 4s 4d to 5s ; country dry skins, ls9d to ss.

Hides continue in fair request. Messrs Donald Reid and Co. note a demand for shipment, and qaote butcher’s green hides from 15s to 22s 6d.

Tallow—Donald Stronach reports a continued dull market. Shippers are not inclined to operate at price* ruling lately, and local consumers take advantage of this, and now offer lower pricer-for both rough fat and tallow. Quotations : Prime, 28s to 29s ; medium, 25s to 27* 6d ; inferior and mixed, 20s to 24s ; rough fat, 17« to 21s per cwt. Wheal.—Donald Stronach reports prime milling in fair request, but with the exception of a few small lots stocks of this description have been cleared out. These small lots are held for high prices, and as deliveries are scanty there is little business doing. Prime milling velvet and Tuscan are worth 3s 7d to 3s Bd, do red straw, 3s 5d to 3s 7d ; medium, 3* to 3s 3d. Frosted wheat is selling for fowls’ feed at from Is 6d to 2s 3d and up to 2s 8d. —Wlight, Stephenson and Co. quote prime samples up to 3s 8d ; ordinary qualities, 3s 3d to 3s 6d, soft and inferior, 2s to 3s, —Donald Reid and Co. report that all fine milling sorts previously in store have been disposed of*

Small lots coming forward are held for prices buyers are unwilling to concede. Fowl feed and inferior quality is in fair supply, with prices unchanged.—L. -Maclean quotes prime milling, 3s 6d to 3s 7d; medium 3s to 3s 3d ; inferior, 2s to 2s 6d.

Oats—Donald Stronach reports good nquiry during the ■week for stout bright milling and feed, but as these are not in the market others had to be taken, so that although good lines are still in store waiting freight, the actual market is bare. Prime milling is worth 2s 3d ; good short feed, 2s Id to 2s 2d ; ordinary Is lid to 2s—in store, bags weighed in. Bariay—Donald Stronach reports none in the market in malting condition ; inquiries occasionally for pearling at from 2s 6d to 3s. -Donald Reid and Co. quote feeding sorts at 2a to 2s 9d. Grass Seeds—There is a fair business doing in these.—Donald Stronach reports undressed, 2s 3d to 3s 3d ; off old pasture, 3s 6d to 4s 3d ; machine-dressed, 4s 6d to 6s 6d.— Wright, Stephenson and Co. note a fair demand for prime machine dressed off old pasture ; these command 4s to 4s 6d ; other qualities unsaleable. Potatoes—Donald Keid and Co. report in rather short supply, and prices hardening. CHRISTCHURCH MARKETS.

The fine weather we are now experiencing had the effect of sending large numbers of all kinds of stock into this week’s marker, the attendance of the usual habitues was also large, and an active day’s business done. The fat sheep maiket was full to overflowing of principally very first class quality mutton; the demand was fairly good throughout, and the high rates of the past few weeks were nearly reached. Cross-bred wethers sold at from 16s to 23s ; ditto ewes, from 15s to 18a 6d ; a small draft of wonderful merino wethers sold at the high prices of 31s and 37s per head ; ordinary sorts from 11s to 16a 3d ; prices all round ranging from 2Jd to 3d per lb, according to quality. A moderate entry of store sheep found a good market at advanced rates ; lines of 4-tooth cross-bred wethers at 15s, and a line of ditto, 4-tooth upwards, at the same figure ; a line of merino wethers at 10s 3d. The pig market was fairly well supplied, and in the face of a quieter demand values gave way. In the fat cattle market an average entry was penned ; demand only middling. Best quality sold up to 21s per 1001 b down to 17s 6d for inferior ; steers selling at from £5 17b 6d to £7 10s ; heifers from £5 to £7 15b. The store cattle market was largely supplied. At auction business was dull, but privately the greater part of the entry was placed. CRHISTOHURCH CORN EXCHANGE. The Corn Exchange report for the week ending Friday evening, the 12th inst: — The market for grain and produce during the week has continued, in regard to all lines, in much the same stale as the preceding one. The outlefbeing limited, no great amount of speculation has been indulged in, although a quiet, steady demand for some lines of wheat still obtains for local requirements. Oats remain firm at previous rates. Barley is dull of Bale, and prices are unaltered. Grass seeds continue in good request, and holders should at once quit while the market lasts, as the weather prevailing lately must soon close the sowing season. Potatoes are held tenaciously by growers for higher figures than shippers feel disposed to give, consequently less business has transpired in the line for the past week than was anticipated. Dairy produce is difficult to move at even lower rates than ruling quotations. The following are the quotations to date ; Wheat—3s 2d to 3s 5d per bushel, f.o.b. Oats —Milling, 2s 4d ; short feed 2s 3d ; other 1s lOd to 2s 2d, f.o.b. Barley Prime malting, 4s ; second quality, 3s 6d to 3s 9d ; feed, 2s to 2s 3d, Christchurch. Beans and Peas— 2s 9d to 3s the former, the latter 3s to 3s Sd f o.b. Bye Grass Seed—Clean farmers’ parcels 3s 6d to 3s 9d ; machine-dressed 4s 3d to 4s 6d; cocksfoot, 4jd to 4|d, f.o.b. Potatoes— 45s to 47s 6d per ton at country stations within twelve miles. Butter and Cheese— 7Jd to 8d for the former, the latter 4d to 4jd per lb, f.o.b. ENGLISH MARKETS. London, Sept. 10. The breadstuff’s market continues to fall; co-day’s quotations are as follows : —Adelaide wheat, ex store, 365; off coast cargoes, 33s 6d; New Zealand wheat, «x store, 32a to 36s ; Adelaide flour, ex store, 265. Australian tallow, of average quality— Beef, 36s 6d ; do mutton, 365. The New Zealand Loan and Mercantile Agency Company, Limited, has received the following cablegram from its London branch : —Wheat—Marknetflat ; Adelaide is worth 37s 6d ; New Zealand 34s 6d, and Tuscan 38s 6d per 4961bs ; Adelaide, f.a.q., is worth, c.i.f., to arrive, 34s 6d per 4801bs.