COMMERCIAL.

Temuka Leader, Issue 1294, 24 January 1885, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange report for the week ending Friday evening, the 23rd inst:— The local market for grain and produce continues in the same dull state, while intercolonial orders are few and fur between, and no marked improvement cun be expected for some weeks. A few fine samples of new oats have been shown this week, but without eliciting offers, buyers being shy of quoting. The probable opening price is not expected to reach over 2s per bushel. Recent shipments of prime butter have had the effect of hardening prices, and one penny more may be fairly quoted. Quotations to date as follows Wheat Tuscan, nominal yalue 3s ; Hunter’s and Pearl, 3s 2d to 3a 4d, f.0.b.; chick feed, Is 6d to 2s. Oats—Bright short feed (old), 2s 4d j new, undecided, f.o.b. Barley—3s 6d to 4s for malting; feed, 2a to 2a 3d, Christchurch. 4 Butter—7d to 7Jd ; cheese, 4d to 4£d, f.o.b. CHRISTCHURCH MARKETS. At the Addington Yards on Wednesday largo entries of stock yarded for the day’s market. Attendance of buyers hardly an average one. The fat sheep were principally of good quality, the demand confined to local requirements, and being insufficient to effect a clearance even at a sensible reduction in values. Crossbred wethers’sold at from 12s to 15s 9d, mixed crossbreds 10s to 12s 3d, and crossbred ewes from 8s fid to 11s 9d, merino wethers from 6s fid to lls 3d, being at the rate of If 1 to 2£d per lb, according to quality. The entry of store sheep comprised a few large lines, principally young sheep, values declining in sympathy with the far sheep market, Two-tooth wethers so ! d at lls 3d, lls 4d, lls 5d and lls 7d ; mixed sexes, lls 3d ; and four-tooth wethers, in forward condition, at 12s. Fat lambs were in largo supply ; more than were required ; prices ranging from 8s fid to lls per head. A large entry of pigs, principally stores, found buyers at late rates, A large entry of fat cattle yarded. Demand only middling. Sales made at, for steers, from £6 to £lB 15s ; heifers, from £5 5s to £7 ss, being from 18s to 20s per 1001 b, ns per quality. In the store cattle market a moderate entry met with but a limited enquiry. —Press. DUNEDIN MARKETS, At the Burnside Yards on Wednesday the attendance was good and fair prices were realised. Fat Cattle —Best bullocks brought £8 to £9 17s fid ; medium to good, £6 5s to £7 17s fid ; inferior, £4 10s to £5 17s fid. Beef, 17s fid to 20s per lOOlbs, according to qnaliiy. Mr L. Maclean sold on behalf of Mr J. Ackroyd, 6 cows at from £5 12s fid to £d 12s fid, and one buhock at £8 ; for Mr M. Quinn, 6 cows at £6 17s fid to £8 12s fid.

Fat Calves— l3s to 28a each' Fat Sheep—Prime sheep buttered a decline of la to Is 6d, and low merinos (ind medium crossbreds, 2a to 2a 6 i per hfirid as compared with prices ruling last week. Best crossbreds brought 14s to 15s Gd ; others, lls to 13s 9d; merinos, Gs 3d lo 9< 9d ; two fine pens quarter-hacks brought brought up to 15s 9d. Muitmi, 1| > to barely 2£d per lb. Mr L Maclean, on behalf of Mr Quinn, sold 130 crossbred wethers at from 13s to 14s 9d. Fat Lambs—Best brought 8s 9J to 10s; others, 6s to 7s 6d. Pigs—Bacon pigs sold at 881 to 63» ; porkers, 26s to 34s ; stores, 18s to 235. Sheepskins—Crossbreds ; inferior lo medium, la Id to 3s 91 ; good to fu 1woolled, 4s to 5s 6d. Merinos: infer or to medium, Is to 3s 9d ; good to fuTwoolled, 4s toss 4d Green pelts, 8d to Is 4d ; lambskins, 8d to Is 5d ; nvrino skins in bales, up to 6d per lb. Hides—No alteration in tone of the market. All coming forward clean' and in good condition are readily disputed-of at late rates—viz. : L'ghf, 3d to 3|d ; medium, 3|d to 4d ; heavy, tto 4|j . Tallow —Market extremely oiid. R .ugh fat brings from £l2 to £lB, according to quality ; prime rendered, £26 to £2B 10s; medium, £2l to £25; interior, £lB to £2O per ton. Oats—The demand for shipment has subsided, and quotations are a shade easier. Prime bright milling, 2s 5d lo 2s 6d ; bright feed, 2s 2d to 2s 4 I ; I ferior and discolored, Is lOd to 2s Id per bushel. Potatoes— Dealers blocked by Inst week’s c >nsignmen(B, and sales difticu'l to make. Throughout the week £2 10s to £3 5s has been the rul'ng price for kidneys. Fresh arrivals sold on Tuesday at £3 10s, but potatoes taken up when young, and unfit to hold in store, must be sold at very low prices. Horses —Messrs, Wright, Sephensnn, and Co. report: Wo quote first-class draught horses at from £2B to £34; medium, £lB to £25 ; good hacks ami light harness horses, £l7 to £23; medium, £lO to £l4 ; light and inferior, £3 to £6. AUSTRALIAN MARKETS. Melbourne, J«n. 22. The New Zealand Loan and Mercantile Agency Company, Limited, held their usual weekly wool sale to-day, when a fairly representative catalogue was submitted, A large attendance of buyers and good competition was experienced, but prices generally showed a slight decline, particularly for inferior sorts, in sympathy with rabies from London, which report rather unfavorably of the opening colonial auctions. Greasy merino sold up to 9£d ; several lots of washed fleece, principally Tasmanian, were offered, realising up to 17|d, but there is little change to report in this description. ENGLISH MARKETS. London, Jan. 20, The colonial wool auctions opened today in the presence of a large number of buyers, both home and foreign. The opening catalogue comprised 7600 bales. The tone of the market is still dull, and prices ruled a halfpenny lower for all descriptions offered, except crossbreds, which remained at last sales’ closing rates. The present auctions dose on the 13th of February. The second aeries will commence on the 17th March.