COMMERCIAL.

Temuka Leader, Issue 1335, 2 May 1885, Page 3

COMMERCIAL.

TIMARU GRAIN MARKET.

Wheat: Prime milling wheat, 2s 9d ; inferior and medium, 2s 4d to 2s 7d ; trade fairly active. Oats—Short oats, Is 5d to Is 6d ; long do., Is 3d, but very few transaction have taken place. Barley—Malting barley (nominally), 3s to 3s 3d.

CHRISTCHURCH CORN EXCHANGE,

The Corn Exchange report for the week ending Friday evening, the Ist inst.:—

The weather during the past has been favorable for threshing operations, but the grain is not coming in in the best of condition and little prime wheat is coming forward, buyers’ and sellers' views on the value not agreeing, sellers considering they are entitled to an increase of price on the expectation of war, while buyers hold that any advance in value would be purely of a speculative nature. Growers are storing largely on their own account, especially prime sound linos. Many North Island orders have lately been transferred to the South to be executed on account of the superior condition of the grain ot that of North Canterbury. Undoubtedly, the cables coming to hand have a hardening tendency among sellers, but buyers do not respond, hence little business is being transacted. Large quantities of second quality are coming forward, but buyers are shy, and to force it would mean to accept chickfeed prices. Oats—Prime, milling, and and bright short feed find iwdy sale, but inferior and discolored are neglected. Barley—Brewers and maltsters have fair stocks, and are not eager to purchase. Feed is dull on account of low price of oats and chickwheat. Beans and peas maintain only a fair enquiry except for Prussian blues (true to name), which are sought after, Rye grass seed season may be considered past until ibe Spring ! at the same time, any good farmers’ lines meet with a demand. Cocksfoot is weak several lines having changed hands at a slight decline on last week’s quotations. Potatoes have a brisk demand, owing to

late cables from Sydney, but doubts are entertained as to whether the rise will be maintained. - The following are the quotations for the week, viz ; Whoaj—Prime milling, 2s 10 i ; second quality, 2s to 2s 6d ; chick feed, Is 9d to 2s f.o.b. Oats— Prime milling, Is 10.1 ; bright short feed, Is 91 ; discolored and inferior, Is 4d to la 6d, f.o.b. Turley—Prime malting, 3s 61 to3s9d ; second quality, 2s 6d to 3s 3d ; feed, la 9d to 2s, Christchurch, Beans and Peas—Beans -2s 6d to 2s 9d. Peas—Prussian blues, 3s 6d ; feed, 2s 3d to 2s 6d f.o.b. Rye Grass —Clean Farmers’ lots, 2s 9d to 3a ; machine dressed, 3s 9d to 4s, f.o.b, Cocksfoot—3Jd to 3£d f.0.b., Lyttelton. Potatoes— Derwents, 32s 6d to 355, country stations.

DUNEDIN PRODUCE MARKETS,

WTheat.—Market continues to harden, and prices for all descriptions are firm. Prime milling velvet and Tuscan is worth from 3s 3d to 3s 4£d ; select parcels, 3s sd; do Tuscan, 3s 3jd to 3s 4d ; red straw, 3s to 3s 3d ; medium, 2s 9d to 2a lid ; fowl wheat, 2s to 2s 7d per bushel. Oats.—ln fair demand, but prices are slightly easier. Shippers continue to operate freely, but only prime milling and short bright feed are much sought after; while long Danish and discoloured lots are dull of sale. Quotations ; Heavy milling, is 9d ; bright, short feed, Is 8d to Is B£d ; fair feed, Is 7|d ; long and Danish, Is 7d ; discoloured, Is 6d per bushel. Barley. —Prime mailing is worth 3s 6d to 3s 9d ; medium, 3s to 3s 3d ; inferior and feed, 2s 6d to 2s 9d (bags extra). Potatoes. —A fair demand for sound Derwonts, and some inquiry for export. Best Derwents are worth up to 60s, and kidneys for seed 55s per ton. Butter.—Shipping orders are for the present supplied, but any prime lots can bo placed at 8d per lb (kegs extra). Eggs still very scarce, and as high" as 2s 6d per dozen has been paid this week.

CHRISTCHURCH STOCK MARKETS,

At the Addington ¥ards ©n Wednesday small entries of sheep and fairly large entries of cattle and pigs were received for the day's market; attendance of buyers very moderate and business dull. In the fat sheep market the demand was almost nil, and notwithstanding the small .entry a largo proportion were passed unsold. Crossbred wethers sold at from 11s 6d to 14s 3d ; ewes, from 7s 6d to 10s 3d ; and merino wethers to 7s 3d. A small entry only of store sheep, and a poor demand. Lines of lambs at 6s 4d, 7s, and 7s 7d ; and lines of aged ewes at from 4s 3d to 8s 6d were the sales effected. Pigs were in moderate supply, demands easier at slightly reduced values. A moderate entry of fat cattle was offered. Values about on a par with late rates. Steers sold at from £5 10s to £8 10a ; heifers, £3 17s 6d to £6l2s 6d. Very little doing in the store cattle market.

DUNEDIN STOCK MARKETS

At the Burnside Yards on April 29 the following business was transacted : Fat CatOe—Owing to the trade haring stocks on hand, the supply proved to be in excess of requirements; consequently competition was languid, and prices slightly in favor of buyers. Best bullocks brought from £7 15s to £9 2s 6d ; medium, £6 7s 6d to £7 10s ; inferior, £4los to £G. Prime beef, 20s per lOOlbs; medium and inferior, 15s to 17s 6d. Fat calves up to 18s. Fat Sheep.—Prime crossbred wethers receded to Is 6d per head from last week’s prices, and numbers were turned out, vendors declining to submit to the concession. Medium quality and old ewes were from 2s to Bs per head lower, old and inferior ewes being almost unsaleable, and ultimately numbers remained unsold. All qualities were represented. Best wethers brought 13s 6d to 15s—one pen extra prime 15s 6d ; medium, lls 6d to 13s; inferior, 8s 3d to 10s 6d ; ewes, 6s 9d to'lls 6d. Mutton, l|d to 2d per lb for prime. Messrs Wright, Stephenson and Co, sold 81 prime half-bred wethers at 14s, and 37 do smaller at 10s 6d, for Mr P. McShane (Winchester), and 70 crossbreds at 8s 6d to 10s 6d for Mr D. Fraser, (Washdyke). Fat lambs 7s 9d to 9s. Pigs.—Bacon pigs, 40s to 565; porkers, 26s to 345; and suckers 6s to 9s.

Shespskins.—Dry crossbreds, low to medium, brought Is 7d to 2s 6d; full wool, 3s 9d to 4s 2d ; dry merinos, bar to medium, Is 6d to 3s; full wool, 3s 3d to 4s sd; green merinos, 1« 6d to 2s sd; green crossbreds, Is lid to 2s 5d ; pelts, 3d to Is ; lambskins, Is 4d to 2s Bd, Hides.—Market bare, and prices firm at late quotations. Tallow.—Quotations, say—26s to 27s for prime rendered ; 23s to 25s 6d for medium; inferior, 20s; rough fat is in better demand, at from 14s to 18s per cwt.

MELBOURNE GRAIN MARKETS

From the Melbourne Argus’ commercial article, Wednesday, 22nd inst., we extract the following ;—Wheat; Owing to Home advices the demand is not eo brisk, but holders are firm, and will not accept concessions on late rates. Large quantities are in speculators’ hands, who hold for a rise, and as country sales are light, they are enabled to bold their position. On Tuesday 500 bags sold nt Ss lOd, f.o.b. ; but a similar offer for a large line was refused. At auction a small quantity sold at 3s B£d ; and privately 1000 bags at 3s 9d, a small lot being quitted at 3s 9£d. Oats in fair demand. At auction 2000 bags were sold at from 2s 9£d for good feed, up to 2s for bright short. Prime malting barley brings 4s 6d ; pe«a, 3s 3d ; and maize 4s 2£d per bushel.