COMMERCIAL.

Temuka Leader, Issue 1244, 27 September 1884, Page 3

COMMERCIAL.

CHRISTCHTJECH MARKETS. At the Addington Vards last Wednesday heavy entries of all kinds of stock were sent forward for the day's market. Fat sheep—Among the large «ntry some drafts of excellent crossbred wethers were to be found, but the entry proved too much for the demand, and values shewed a marked falling off. Crossbred wothers sold at 15s 6d to 19s 3d ; ditto ewes, 14s 6d to 16s 6d ; and merino wethers at from 9s to 14s, being at the rate of from 2|d to 2|d per lb, according to quality. In the store sheep market the large entry met with a fairly good demand, and a good proportion changed hands. Lines of cress-bred ewes, with lambs, sold at from 18s to 21s Id per couple ; lines of hoggets at 12s 3d, 12s 9d, and 13s 9d ; and a line of merino ewes, with lambs, at 14s 6d. A small entry of fat lambs sold at from 9s Cd to 17s 6d per head, In the store cattle market a large entry was penned but a very dull demand was experienced, end very few lines were sold. The fat cattle market was only moderately supplied with beef, and values hardened. Steers sold at from £6 5s to £9. heifers from £5 2s 6d to £7 15s, being from 18s 6d to 21b per 1001 b, according to quality, DTJNEDIN MARKETS. At the Burnside Yards on Wednesday 238 fat cattle were yarded, of which twothirds were good to prime, The demand was fair, but biddings were rather irregular. Best bullocks brought £9 10a to £lO 10s ; others, £4 10s to £9 ; cows, £3 to £9 10s. Prime beef may be quoted at 22s 6d to 24s per 1001 b ; medium 21s. —Messrs Wright, Stephenson, and Co. sold for Mr Andrew Grant (femuka), 6 bullocks at from £7 15s to £8 17s 6d. Mr L. Maclean (on behalf of the British and New Zealand Mortgage and Agency Company) sold tor Mr A. Grant (Temuka), 12 bullocks from £8 2s 6d to £9 2s 6d, Fat calves sold at from 9s to 17s. Fat sheep—2s7s were penned, representing all qualities, the greater portioD only medium ;- 750 were merino wethers of good quality, and the balance crosabreds, of which a few pens were prime heavy weights. Competition was fairly active, and best crossbreds brought 19s to 21s 6d ; others, lis 3d to 17s 6d ; merinos, 10s to 14*. Quotations for mutton, 3£<i to 3£d per lb. Fat Lambs. —Few penned and keen competition.—L. Maclean sold, on ac-

count of Mr W.Grant (Timaru), 17 a* follows -.—Two a' 17s 6d, 2 at 15s 6d, 3 at 15s, 10 at 14". Pigs.—llo were yarded. Under brisk competition, all to hand, consisting chiefly of bacon pigs and porkers, were quickly disposed of at satisfactory prices to vendors.—Messrs Donald Reid and (Jo. report : We sold for Mr J. Meehan (Makikihi), 2 at 645, 1 at 71s, 6 nt 465, 2 at 355, 3 at 22s ; for Mr James Si.and, 20 at 50i.

Store Sheep.—None offering. Occasional inquiries for crossbreds for fattening. Sheepskins.—Donald Reid sold butchers green cross at 5s to 5s 9d ; do merinos, from 4s Id to 5s ; lambs 7d ; country dry skins, Is 9d to 5s 6d. Hides.—Values are unchanged ; all coming to hand are readily diposed of at frnrn 3d to per lb. Tallow.—Prices are, for inferior and mixed, 90s to 24s ; medium, 24s 6d to 27s 6d ; prime, 28a to 29s ; rough fat, 18s to 21s per cwt. Wheat—Donald Reid and Co. report: A fair business has been done, prime milling the most attention, for which 3s 7d to 3s 7£d may be quoted as top prices ; of medium there is abundance offering, but it is slo* of sale at 2s 9d to 3s 2d ; fowl feed is in over supply, and prices are easier—say 2s to 2s 7d. Oats. —There has been a good deal of speculation during the week, and :md an advance of Id to 2d per bushel on last week's quotations. At auction 2s B£d has been realised for a prim 9 sample for seed. —Mr Donald Stronach sold short Tartarian and sparrowbill at 2s 4d to 2a 6d, the latter figure being easily obtainable for good sound feed. Barley—Messrs Donald Reid and Co. report: At auction we sold feed at Is lOd to 2s 28 9d ; piivately we sold milling at 3s to 3s Id ; a few small lines for seed at 3s 7£d. Ryegrass Seed.—There ipa fair demand for clean seed fiom old pastures at from 4a 3d to 6s 6d, according to quality and locality grown. Undressed farmers' lots 3re unsaleable. Cocksfoot is worth, in small quantities, 5d to s£d per lb. Potatoes.—Messrs Donald Reid and Co. report: The supplies are very_ short, and there being some inquiry for shipment, prices have advanced to £4 15s for good, and £5 for extra well picked. Horses.—Messrs Wright, Stephenson, and Co. quote first-class draughts at from £3O to £35 ; medium, £lB to £25 ; good hacks and light-harness horses, £ls to £22 ; medium, £lO to £l2 ; light and inferior, £3 to £6. CEHISTCHURCH CORN EXCHANGE. The Corn Exchange report for the week ending Friday evening, the 26th inst :

Transactions for the week have been confined principally to oats and potatoes, which have been in good request at advanced rates. There has also been a fair amount of trade doing in damaged wheat, holders wishing to clear their stores in time.for the approaching wool season. A good many lines have therefore been quitted at a very low figure. Peas and beans have likewise shown greater animation for feed purposes, owing to the rise in oats. Ryegrass and cocksfoot still meet with ready sale at standing quotations. Dairy produce can scarcely be placed at the nominal rates quoted below. Values for the week are as under : Wheat—3s 2d to 3s 5d per bushel f.o.b. for sound dry samples. Oats-Milling, 2s 6d ; bright short feed, 2s 3d to 2s 5d ; long oats, 2s to 2s 3d f.o.b. Barley—Prime malting, 4s ; second quality, 3s 6d ; feed, 2s to 2s 3d, Christchurch. Beans and Peas—3s for the former, and 3a 3d to 3s 6d for the latter f.o.b. Ryegrass Seed—3s 6d to 3s 9d for clean farmers' parcels ; machine-dressed, 4s 3d to 4s 6d. Cocksfoot, 4}d to 4fd f.o.b. bright samples. Potatoes—6ss to 70s at country stations tions within 12 miles, sacks extra. Butter and Cheese—7d for the former and 4d for the latter, f.o.b. The above quotations are paid to farmers and do not apply to lines ex store. AUSTRALIAN MARKETS. Melbourne, Sept, 24, The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reports on the local markets as follows: Wheat is firmer at 3s lid ; malting barley, 4s to 4s 7d ; the market is firmer. New Zealand oats, feeding sorts, are firm at 3s 3d to 3s 6d, and in active demand ; milling ditto, 3s 6d to 3s 7d, the market is improving ; New Zealand oats, under bond, 2s 10J to 3s, with moderate enquiry. ENGLISH MARKETS. LoxDoir, Sept. 22. The breadstuffs market iB unchanged. Adelaide wheat, ex store, 36s ; New Zealand ditto, 31s to 34s ; Adelaide flour, ex warehouse, 265, Australian tallow—Average quality beef and mutton, 34s 6d,

was most satisfactory, inasmuch as it dispelled the suspicion that there were fearful disclosures to be made. He strongly condemned the proposal to reduce the Education vote. It would all fall on the up country districts. He deprecated the proposed reduction in the property tax for local Government purposes. Mr Mackenzie spoke in support of the repeal of the property tax, and generally supported the Statement. Mr Orinond made a long speech generally defending the Government. He howeTer, disagreed with the reduction proposed in the Armed Constabulary., He boned the Government would bring down a land tax next session, and if defeated, they would be perfectly justified in appealing to the country. Mr Pyke spoke in favor of the Statement.

Mr Grigg hoped to see the Government retain office this session, but hoped to see them change their policy in many respects. Dr. Newman would not vote for the amendment, as he believed the Public Works Statement should be brought dewn before the whole ■ question was finally determined. Mr Beetham said if the amendment were pushed to a division.he would vote against it. Major Atkinson replied that if there was any maladministration on the part of his Government it ought to have been stated most distinctly what was done, but it was not until flatly challenged to do so that any attempt of the kind was made. He then fully explained the matter in reference to tWe £20,000 bonds. He also fully explained the statement re contractors' deposits. Having dealt with other charges, he said every Government was bound to carry on their work until they had actually left office; such being the case they had a perfect right to let two contracts. The Hon. Mr Stout having replied, in the course of his speech making a slashing attack on Mr Wakefield for his shiftiness, andonMaior Atkinson, the motion was put, that the Speaker leave the chair and resulted :—Ayes, 51; Noes, 4. In the House on Thursday, Replying to \ Mr Hurst, the Hon. Sir Julius Yogel said the Goverrment looked upon the reap* pointment of Sir Francis Dillon Bell as Agent-General as perfectly right and legitimate under the circumstances, and neither in this or any other case of a similar nature would they feel called on to interfere. A number of Bills were introduced and read a first time.

The Hon. Sir Julius Vogel stated that yin view of the strong representations made during the late debate against the proposed redactions in the education vote, the Government had resolved to depart from that proposal, and the rate this year would be paid on the same scale as heretofore. The following Bills were passed through Committee, reported and read a third time and. passed : Timaru Market Reserve, City of Dunedift Leasing Powers, Invercargill Reserves Leasing, and Wellington Board Loan Consolidation and The Otago Harbour Board Loans ConBolidation Bill, and the Adulteration Prevention Extension Bill were read a second time. The Eight hours Bill, providing that eight hours should be a legal day's work, iras thrown out on the second reading. The Seamans Representation Bill was read a second time, and the House rose. •>•■ -