COMMERCIAL.

Temuka Leader, Issue 1341, 16 May 1885, Page 3

COMMERCIAL.

AUCTIONEER’S REPORT. TEMUKA. Friday Evening 1 . Mr K. F. Cray reports having held his annual sale cf fat and store pigs at his Yar>t» on Thursday, 14th inst., whin 273 fat pigs, 222 stores, and 7 boars were yarded, on account of the Temuku Butter, Cheese - and Bacon-Curing Factory, and Messrs Wareing Bros., John Paterson, D. L. Inwood, E, Sheedy, J, Wilkinson, R. Sharp, W. Grimsey, and others. Dunedin, Christchurch, Ashburton,. and local markets wore well represented by buyers, and every line submitted to the hammer found a purchaser. Fat pigs sold as follows : —4 at- £2 17s 6d, 12 at £2 16s, 50 at £2 14s, 22 at £2 10s, 101 at £2, 4 at £1 16s 6d, and 92 at £1 16s; stores, from 13s 6d to £1 5i ; weaners, from 7a to 9s; Berkshire boars, 2 at 2| guineas, 1 at 1| guineas, and 4 at guineas. At the Washdyke Yards to-day he sold 356 crossbred 7s; store pigs 7s 6d to 9s ; cowe, £4 ; calyes, 13s.

CHRISTCHURCH CORN EXCHANGE,

The Corn Exchange reports for the week ending Friday evening, the 15th inst. The probable peaceful solution of the Russo-Afghan boundary question, together with late cables of a fall in the English wheat market, has had a tendency to weaken thf local demands; at the same time we cannot quote a less figure than last week. Buyers seem more inclined not to purchase than to offer lower figures than are now quoted. Largo percentage of wheat coming to hand still consists of second quality, for which there are only a limited number of buyers. Prime milling meets with a fair enquiry among local millers. Oats remain at last quotations, with fair trade enquiries for good samples. Darley is in quite a normal state —no buyers, and sellers are tired of offering ; limited enquiries for shipping parcels *is the only business doing. Rye grass seed meets with ready sale for clean samples, while cocksfoot has only a moderate enquiry for good lines, inferior is hard to quit. Beans and peas are very dull, Prussian blues being the only kind that are saleable, The potato price seems to have fairly settled down at 35s as the understood radius for immediate delivery; while 40s is offered for July requirements. The former price should certainly pay the grower best where they are not already in pit. Wheat Milling, 2s 8d to 2s lOd ; second quality, 2s 2d to 2s 6d; chick wheat, Is 9d to 2s, f.o.b. Oats—Milling and bright short feed, Is 8d to Is 9d ; inferior and discolored feed, la 4d to Is 6d, f.o.b. Barley—Malting, prime, 3s 6d to 3s 9d ; second quality, 2s 9d to 3s ; feed, Is 9d, Christchurch. Beans and Peas—Former, 2s 6d to 2s 8d; latter, 2s 3d to 2s 6d, f.o.b. Grass Seed—Farmers’ parcels, 2s 6d to 3s 3d ; machine dressed, 3s 9d to4s, f.o.b. Cocksfoot—Bright samples, 3jd to 3id ; discolored, 2d, f.0.b., Lyttelton. Potatoes- Derwents, 35s coyntry stations. Dairy Produce—Butter, 9£d to lOd ; cheese, 4d to 4£d, f.o.b.

CHRISTCHURCH STOCK MARKETS.

At the Addington Yards on 'Wednesday a larger supply of stock than of late came forward, but not a numerous attendance of buyers, and business not very active. The fat sheep on offer comprised some very good lines of crossbred wethers; market opened, and for some time continued, firmer than of lute, but was dull and lifeless towards the end, and, taken all round, values remain unaltered. Crossbred wethers sold from lls to 15a 9d ; do ewes, 9s to 13s. Merino wethers, from 5s 6d to 7s 9d. Not a large number of stores offering, and those principally old sheep. Yery few sales were made. Crossbred wethers, two and four-tooth, sold at 10s 6d and 10s 8d ; ewes, aged, 5s 8d to 7a 6d. A large entry of pigs met with a good demand at late rates. Yery few store cattle were entered, and but little business doing. Dairy stock were not numerous. Cows near calving are still in good demand. A large number of fat cattle are offer. A large proportion sold privately before auction sale commenced—demand consequently dull, and but few sales made. Steers from £5 to £7 12s fid, heifers £3 15s to £5 17s fid.

DUNEDIN STOCK MARKETS.

At the Burnside Yards on Wednesday best bullocks brought from £7 10a to £9 10s, a few up to £ll 10a; cows £4 10s to £6 10s ; extras up to £8 2s fid. Beef 16s to 20s according to quality. For Mr Andrew Grant. Temuka, 12 bullocks were sold at from £6 15s to £B. Fat Sheep— Competition throughout the sale was unusually slack. Best wethers brought 12s fid to 15a fid; medium, 10s to 12s ; merinos 8s to 9s 9d. Mutton (prime) IJd per lb. Mr Joseph Page, Timaru, sold 60 crossbreds at 13s 6d. Fat Lambs sold up to 8s fid. Pigs—Bacon pigs brought 46s to 595, and up to 60s for heavy weights ; porkers, 22s to 355.

DUNEDIN PRODUCE MARKETS.

Sheepskins—The attendance at Monday’s sale whs large, and competition, especially for green skins, brisk, at a slight advance on previous rates. Dry crossbreds, Is 3d to 2s 10d ; full wool, 3s to 4s Id ; merinos, Is 2d to 4s 5d ; lamb skins, 2s to 3s 6d. Hides—Market firm, but very few heavies coming forward. Heavy weights, sound and free from cuts, 4£d to medium, 3£d to 4d : cut and slippy, 2d to per lb. Wheat —Fine milling velvet and Tuscan are in good demand, and as supplies of these coming forward are by no means large prices are firm, and buyers are disposed to deal for future delivery. The Melbourne market is firm, and sales have been made at 4s (f.0.b.) The influence there is caused by the demand for flour from New South Wales and Queensland, and from the fact that speculators hold the bulk of the stocks, and are not disposed to quit—war news or no war news. The Dunedin market is firm, at for really prime milling velvet and Tuscan, 3s 5d to 3s s£d ; good samples, 3s 3d to 3s 4|d ; others, 3s Id to 3s 2d ; medium and red straw, 2s 91 to 3s ; fowl feed 2s to 2s 61. • Oats Prime qualities are eagerly sought for, but buyerj®tare disposed to hold for better rates. Bright milling brings la 9d to Is 9£d'; bright feed Is 8d to Is 9d ; medium Is 7d to Is Bd.

Barley—By no menus in active demand. Prime samples nre quoted at 3s 6d to 3« 91 ; inferior 2s 6d to 2s 9d. Potatoes —Derwents, 50s to 55s per ton ; kidneys, 55s to 60s. Butter—Bd to 8W for prime quality, keg* extra. Kggs Supplies are still short. Sales have been at 2s 3d. Cheese— per lb for best quality.

AUSTRALIAN MARKETS.

Melbourne, May 13. 'The Melbourne Manager of the National Mortgage and Agency Craopany of the Zealand, Limited, reports of the local markets -as follows : Shipping wheat has a slightly improved tendency at 3s 9d to 3s lOd, though prices are quoted at 2d below the last report. Malting- barley is very depressed at 3a 6d to 4s 3d. New Zealand oats, feeding, are difficult to sell, even at slightly reduced prioes ; quotations are Id lower, k ?sz. 2s 8d to 3s; do milling, 3s to 8s Id, a fall ( f Id since last report. The market is flal # and prices are drooping. • Do under bond, 2s to 2s 3d. Ryegrass seed is quieter but steady at 3s 9d to 4a 9d, an advance of 3d upon last quotations. Cocksfoot is dull of sale at 4|d.

ENGLISH MARKETS.

London, May 13. Colonial breadstuff's—Adelaide wheat, ex store, has recovered Monday’s quotation, the price to-iay being 37s 6d. Adelaide flour, ex store, 275. New Zealand wheat, ex store, 32s to 36s ; do off coast, 31s 6d. The New Zealand Loan and Mercantile Agency Company received the following telegram from London, dated 11th inst. Woo list of entries for the next series of sales has closed. The wheat market is firm. The yield of the crop in the Eastern States of America is estimated to be 30 percent, below the average (winter crop.) Adelaide wheat is worth 38s per 4961bs ; New Zealand and Tuscan do., 35s and 38s respectively. Adelaide, f.o.b. is worth c.r.f. to >rrive 37s per 4801bs, Discount—The Bank of England rata is 3 per cent.”