COMMERCIAL.

Temuka Leader, Issue 1248, 4 October 1884, Page 3

COMMERCIAL.

AUSTRALIAN MARKETS. Melbournb, Oct. 1, The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reports on the local markets as follows : Wheat quiet at 8s lid per bushel ; malting barley, 4s to 4s 6d, the market steady ; New Zealand oats : feeding sorts in good demand at 3e 4d to 3s 7(1 ; milling do, 3s 7d to 3s Bd, with a hardening tendency. There is a moderate enquiry for New Zealand oats, which under bond are worth 2s lid to 3s id. ENG-LISH MARKETS. London, Oct. 1. Adelaide wheat, ex store, is unchanged at 365, and New Zealand ditto 31s to 345. Adelaide flour, ex warehouse, has fallen to 255. Off coast cargoes of Adelaide wheat are today quoted at 34s 6d, an advance of is. Australian tallow, average quality beef and mutton, 33s 6d. DUKEDIN MARKETS. Wright, Stephenson, and Co. quote firatclass horses at from £3O to £35 ; medium, £lB to £25 ; light, £ls to £22 ; fint-olass hacks aud light harness horses, £ls to £2O ; medium, £lO to £l2 ; light aud inferior, £3 to £5.

At the Burnside Yards on Wednesday best bullocks brought from £9 10a to £ll 10s; others, £5 to £9 ; cowe, £3 17» 6d to £8 15s. Mr L. McLean (ou behalf of the British and New Zealand Mortgage and Agency Company, Limited, Liaiifced), sold oa aocounb of Mr A. Grant (lemuka) 12 bulloeis from £7 12s 6d to £Bl2s 6i. Fat ofllves sold at from 12s to 383.

Fat Sheep—There was active competion for good prime—more especially the latter—but medium ruled lower. Beet cro6sb>e3s brought 21s to 24,3 9d ; others, 12a to 18s 6d; merino*, 12a to 13s 9i. Quotation for prime mutton, 3£dper lb. Fit Lambs—One draft fine quality sold at 15b to 17s 9d.

Pigs—Suckers brought lis 6d to 19s ; porkers and medium bacon, 25s to 47a j heavy bacon, 47s 6d to 85 3 . Store Cattle—F*ir demand for grown bullocks for forward dolivery, but only a limited number offering. No transactions to report. Sheepukins—Q-reen orossbreds have gold at fiom 4s 6i to 6s Id ; merinoa, 3s 6i to 5s 3d; courstry skins in bales, to s|i per lb; looee, Is 2d to 5d 3d ; lambskins, 7d to Is. B idea—Fair demand. Light and medium, 3d to 3Jd j heavy-weights, properly trimmed, 4d to 4ii. Tallow—Donald Strozach Bold 66 casks good to prime at 27s 6d. Inferior and kixed is worth 18/> 6:1 to 20s ; rough fat, 18i to 218 par cm. I Wheat—No material change to report. For local requirements the supply is ample,

iw& as millors only buy sufficie;-t for immediate wants, sales of prime even are on a limited aoale. No demand whatever for shipping parcels. Quotations: Prime milling, 3s 6d to 3.' 8(5 ; medium, 2s 9i to 3* 3d ; iofeiior, 2» to 2a 3d—bags weighed in. O-its—N<> stock beld hero. Any ooming forward has beenplao.dat an advacce on hat week's rates. As there have been daily telegrams from Australia esHng quotations, prises mutt be maintained for some time to come. Prime milling ?■ woith 2s 9d ; short scund iecd, 2s 7d t* 2-. 8d ; long, 2s 6d to 2s 76 ; inferior and discolored, Is lOd to 2s 3d. Barley—Few transactions. Donald, Reid and Co. disposed of 200 sacts milling at 3i (sacks extra), and a couple of lines of feed at 2s 3d to 2s 9d. Ryegrass Seed Market unchanged. Oooksfoot (in limited supply) sells at 5d to s|d per lb. Potatoes—ln small supply, but prices hare net advanced. WeU-picked Derwents are worth £4 15s to £5 per ton. CHRISTCHURCH MARKETS. At the Addington Live Stock Market on Wednesday, there was a moderate supply of i-tock The attendance of buyers was large, but business throughout the day was only middling in most olasses of etook, and in uome it was very dull. The fat sheep sent forward comprised very few lines of firstclass quality and weight, 19s being the highest prioe for cross bred wethers, and from that price down, to 16s ruled. Crossbred owes sold at 14s to 16j 3d, and merino wethers at from lis to 14i 9d, being at the rate of from 2£d to 2£.l per lb. The store hheep market was fairly well supplied, the enquiry being dull. Crossbred ewes, with lambs sold at 10s, 12s 6s, 14s 3d, and 15« 9d, various lines being pp.ssed. A line of shorn hoggets sold for 10s 6\ and unshorn 9i, 12s 6d, and 14s 9d. An improved entry of fat lambs sold at from 10s to 16s per head. Pigs were in moderate supply, lower rates ruling. The fat cattle market was only lightly supplied, and higher rates than have lately been quoted were paid. Bteers sold at from £6 to £8 15s, heifers from £5 2s 6d to £B, being r»t the rate of from 18s to 21s 6d per 1601bs, tcoording to quality. A large entry of store oattle met with a very dull enquiry, prices oonticuing as under:—Calves, 10s to 18», yearlings 25s to 30«, two-year-olds 55s to 633, and fresh-conditioned three-year-old bullooks, £5 to £5 10s. _______ CHRISTCHURCH CORN EXCHANGE. The Corn Exchange report for the. week ending Friday evening, the 3rd inst :

The business done in wheat during the .week has been very insignificant, while former prices ore. difficult to maintain. The outside iiema;d is conspicuous by its absence, and many vsho shipped to London on their own account are now realising some of the disappointment experienced by speculators in thus grain. There is still a moderate demand locally for scund milling samples, ar.d a few lines have been placed at very fair prioes, considering the depression. Oats, on the oontrary, show a firm upward tendency, with a brisk demand, and have advanced about 2d per bushel all round on the previous week's quotations. Stooks, however, are running very low, and as ft consequence very few large transactions have eventuated. Malting barley has not shown any particular feature worthy of notice, although feed lots, in sympathy with oats, are a little more inquired for. Beans and peas are likewise in oetter request, owing to the same cause. The demand tor grass seeds begins to slacken on acoountof the sowing season drawing near to a close. Some few inquiries, however, are atill made for really clean maohine-dressed. Potatoes oontinue to exoite the hopes of holders to an almost extravagant extent by the steady rise in value. The Sydney and Auckland markets are to be oredited with this, on acoount of having drained stocks to such a low ebb that the beat part of the balance now on hand will no doubt be required for local consumption. Dairy produce Bhows no improvement, either in demand or yalue. Quotations for the week are i follows : Wheat—Sound samples. 3a 2d to 3s 4d f.o.b. ; seconds, 2s 6d to 2s 9d ; ohick wheat, Is 9d to 2> f.o.b. Oats—Prime millng, 2s 8d ; bright short feed, 2s 6d ; long oats, 2s 3d to 2a 5d f.o.b. Barley— Malting, 3j 6i to 4s; feed, 2s 2d to 2s 4d, Christehuroh. Beans, 3s to 3j 3d f.0.b.; peas, 3a 3d to 3s 6d f.o.b. Ryegrass Seed—Farmers' parcels, 3s 6a to 3j 9d ; machine-dressed,! 4s 3d to 4s 6d j oooksfoot, 4J-d to 4£d per lb f.o.b. Potatoes—£s to £5 5s f.0.b., sacks included. Butter and Cheese—7d to 7*d for the former, the latter 4i per lb f.o.b.