COMMERCIAL.
DUNEDIN MARKETS. At the Burnside Yards on Wednesday, best bullocks brought from £7 2s 6d to £l2 15s, one prime pen heavy weights £l4 6d ; cows, £8 2s 6d to £l2 2s 6d. Prime beef is quoted at 27s 6d ; medium and good, 25s per 1001 b. Fat calves sold at 24s each. Fat Sheep—Sheep all round lower by from 2s to 3s per head. Best crossbreds, in the wool, brought 18s 6d to 20s others, 14s 6d to 18s; shorn, lls 6d to 15s 3d ; merinos, 10a to 16s 3d; mutton quoted at 3d to 4|d per lb. Fat lambs 9s 6d to 16s 6d.
Pigs—Suckers brought 8a to 15a ; stores lls to 24s ; porkers up to 36a ; and bacon piga up to 60s. Sheepskins,—At the weekly sales on Monday, green crossbreds brought from 3s 9d to 5s 9d : dry do, inferior la 3d to 2s 4d ; good to superior, 2a 0d to 6a 4d ; green merino, inferior 3s to 3s 8d ; good to superior 3s lOd to 5s 5d ; dry do, Is to 5s 7d ; lambskins, 6d to 8d; pelts, 7d to lOd. Tallow. Quotations : Inferior and mixed, 18s to 22s ; medium, 23s to 25s ; good to prime, 26s to 28s ; rough fat, 16s to 20s per cwt. Wheat.- -Demand slack, and prices have a drooping tendency. Millers buy only for present requirements, but as these are noj? pressing they deo'ino operating a| anything oyer 3s 5d to £is 7d for prime milling ; ordinary is worth ‘3s to 3s 4d ; fowls 3 feed. Is 6d to 2s 7d. Oats.—Any lota coqiiug forward a™ easily placed at aboqt last week’s rat« 3,
Bright milling, 2s 9£d to 2s lOd ; good short feed, 2a B£d to 2a 9d ; otdinary, 2s 7d to 2s 8d ; inferior, 2s 3d to 2s 6d. Barley. Nothing doing in milting. Feed and milling are in moderate request at from Is 9d to 2s 3d for the former, and 2s 9d to 3s for the latter. Ryegrass Seed. —In slight demand, but stocks are ample. Machine-dressed from old pasture, 4s 3d to 4s 6d ; mixed lots, 2s 3d to 3s 63 ; inferior, Is 6d to 2s per bushel; cocksfoot, 5d per lb. Potatoes, —Market steady, but stocks are again accumulating. Derwents are worth £5 to £5 7b 6d per ton. Wright, Stephenson, and Co. quote firstclass draughts at from £3O to £35 ; medium, £22 to £25; good hacks and light-harness horses, £lB to £2o ; medium, £lO to £JS ; light and weedy, £3 to £B.
CHRISTCHURCH MARKETS. At the Addington Yards on Wednesday, moderate entries of all kinds of stock came to hand for the day’s supply; Fat aheep—Hardly an average entry, good quality predominating. Market fairly firm at late rates. Crossbred wethers in the wool sold at 16s 6d to 19s 6d : shorn ditto, 12s 6d to 15s ; crossbred ewes, from 15s to 16s 6d ; merino wethers, from 11s to 13s, being from 2£d to 2|d unshorn, and 2£d per lb-shorn. Fat lambs were in good supply, sales being made at from 10s to 13s 6d. In the store sheep market very few lines of this class were on offer ; ewes and lambs sold at 15s and 17s per couple. The pig market was moderately supplied, with rates unaltered, Stoire cattle was in small supply, with little business doing. The fat cattle market was well supplied with beef, principally good quality; demand proved only middling, and rates obtained showed a slight reduction. Bullocks sold at from £6 5s to £9, one exceptionally heavy steer of good quality reaching £l3 ; heifers at from £5 2s 6d to £7 12s 6d * being at the rate of from 19a to 20s per lOOlbs, according to quality.
CHRISTCHURCH CORN EXCHANGE. The Corn Exchange report for the week ending Friday evening, the 14th inst ; Grain and produce for the week has not been much sought after. Lines of wheat have been difficult to quit, at prices a shade lower than current rates. Oats continue in good request for feed purposes, while milling samples in anything like desirable parcels are not be got, even at extreme prices. Stocks of prime malting barley are almost exhausted, and maltsters will only purchase the very best samples of seconds, with the intention of holding for next malting season. Very little business has been done in grass seeds, buyers not caring to invest for autumn sowing until they see the result of the present crop. Beans and peas, although firmly held for present quotations, do not seem to be eagerly inquired for. Potatoes show, if anything, a further downward tendency, and growers now repent holding so long. The prospect of a rise in value is very remote indeed. The market for butter and cheese is at present quite stagnant. Quotations as follows , . , ' Wheat—3s Id to 3s 4d f.o.b. for prime dry samples ; second quality, 2s fid to 2s 9d ; chick wheat, la 6d to Is 9d ; inquiry Oats —Milling, 3s ; short feed, 2a lOd ; long oats, 2s Bd, f.o.b. Barley—Nominally 4s ; second class, 3s 6d ; feed, 2s to 2s 3d. Beans and Peas-3s 3d to 3s 4d for the former, and the latter 3s 3d to 3s fid, f.o.b. Ryegrass Seed—Machine-dressed, 4s 3d to 4a fid ; farmers’ 3s fid, f.o.b. Cocksfoot —4jd to 4f<l per lb, f.o.b, Potatoes—£3 to £3 ss, at country stations within 12 miles. Butter— 6sd to 7d, f.0.b.; cheese, 4dper lb, f.o.b.
AUSTRALIAN MARKETS. Melbourne, Oct. 28. The New Zealand Loan and Mercantile Agency Company, Limited, held their usual weekly wool sale to-day, when an important catalogue of some 2900 bales was offered, and 2000 bales were sold. There was the usual large attendance of buyers. The market continues fairly active, and competition animated up to certain limits, but owners’ reserves in several instances were above the market value of wool. Greasy merinos realised up to lid, and scoured wools to 20 Jd.
ENGLISH MARKETS. MessrsDalgety and Company, Limited, have received cable advice from their head office in London, under date 18th inst., to the following effect: —Wool market is steady ; the demand is chiefly for Australian combing greasy merino fleeces of average quality and good condition, and for crossbred greasy fleece No. 1 quality and good condition. Tallow— The demand is increasing, but stocks are excessively large. Wheat market remains quiet and dull. ______
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Temuka Leader, Issue 1257, 25 October 1884, Page 3
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1,053COMMERCIAL. Temuka Leader, Issue 1257, 25 October 1884, Page 3
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