COMMERCIAL.

Temuka Leader, Issue 1355, 20 June 1885, Page 3

COMMERCIAL.

22s to 24s ; rough fat 12s to 15s pei

DUNEDIN STOCK MARKETS.

TIMARU PRODUCE MARKETS.

DUNEDIN PRODUCE MARKETS.

AUCTIONEER’S REPORT.

Friday Evening.

Mr K. F. Gray reports as follows : At the Washdyke Company’s \ ards on Friday la it he sold fat wethers at 11s Id, ewes at 9s, 7 head fat heifers at L 6 ss, stores from L2 6s to L 4. On Wednesday he held a very* successful sale of furniture on account of B. D. O’Halloran, Esq., who is leaving for the North Island. There was a very large attendance, and good prices were realised.

lie held a sale of pigs on Thursday, when 313 fat and store pigs were entered on account of the Temuka Butter, Cheese and Bacon-Curing Company, Messrs Inwood, Woodhead, Scott, McCully, Goodaxe, and others. Prices realised were as follows :—Bacon Pigs —2O at L2 10s, 6 at L2 7s fid, 14 at L2 2s fid, 26 at Ll Ifis ; stores, from 17s to 26s ; small stores and weaners from fis fid to 13s fid. Considering the quality of the various lots, last quotations were firmly maintained for bacon pigs, Store pigs suffered a considerable decline.

To-day he offered, on account of Messrs Smith Bros., of Milford, draught horses and hacks, drays, ploughs, and a lot of harness, but very little business was done, He succeeded in placing only two draughts at Ll 4 each, dray at L 7, D.F. plough at L 6. He also gold a line of 4-todth c.b, fat wethers at 12s.

From the New Zealand Loan and Mercantile Agency Company* e ( Limited) report on the produce markets of New Zealand, dated IBth June, 1885, we make the following extracts Wool—Since our last we have placed a few small lots of stragglers’ wool at rates up to our last quotations. Sheepskins—All lots coming forward meet with a rendj sale up to 3s 9d for butchers’ crossbreds, and 3s for merinos. Fat—During the past month we have placed a few lines of rough at fat lsd to Ifd. Hides—Quotations remain the same, a good demand at present exists. Wheat—The stores are now full of wheat held on owners’ account. The local mills are at present fully supplied. Red chaff, of which the quantity held is very large, is difficult to quit. Velvet and Tuscan are enquired after, and we have placed some lines of these wheats at 2s lOd,

Oats—A very large quantity of discolored feed oats remain on bund, and shipments of these have been made at about Is sd, f.o.b. Good Danish and Tartarians are worth Is 6d to Is 7d, medium Canadians, Is 8d to Is 9d, while prime heavy milling and seed sorts are valued at Is 9d to Is lid.

Barley—Malting is in fair supply, and is held tor 3s 6d. Inferior and feed are worth Is od to 2s 6d. Frozen Meat—The erection of our local factory is being pushed on to completion, and the Company is now ready to book stock for freezing about September next.

Bran—Prices have advanced steadily, and present quotations are 70s to 755, f.o.b. Although the mills are all working overtime, they cannot execute the ordeis on band.

CHRISTCHURCH CORN EXCHANGE,

The Corn Exchange reports for the week ending Friday evening, the 19th inst.:—

Another uneventful week in the grain trade has passed. Prime milling wheats —especially the hard sorts—have a fair demand, There has also been an active business doing in second quality, and whole fowl feed tor shipment, but the holders of orders have not had much difficulty in effecting their requirements. The trade in oats has been fairly good at quotations, the bettei grades being most sought after. Barley continues stagnant. The business to record is that of second quality malting, several lines of which have gone forward for shipment. Beans and peas have little enquiry except for Prussian blues, which are readily quitted at prices named. Ryegrass has a fair enquiry for good clean farmers’ parcels, while cocksfoot has only a moderate demand. Potatoes are quiet, with little business transpiring, and it would be very difficult to obtain over the 32s 6d at Country stations.

The following are the quotations lor the week :

Wheat—Prime milling (winter sorts). 2s 9J to 2s 10J ; Tuscan, 2s 8d to 2s 9d ; second quality, dry and fit for shipment, 2s 2d to 2s 6d ; whole fowl feed, Is 10J to 2s, f.o.b. Oats—Milling and bright short feed, Is 9d to Is lOd ; short feed slightly discolored Is 7d to Is 8i ; lower grades Is dd to Is fid.

Barley—Nominally, 3« fid to 3s 9d ; for malting 2s fid to 3s ; for second quality feed, Is 9d to 2s, f.o.b. at Christchurch. Beans, 2e fid.

p eaß Pued, 2s 6d ; Prussian blues, 3s 6d, f.o.b. Grass Seed— Rypgrass, prime machine. dressed, 4s 3d ; cb an farmers’ parcels up to 3s 61 ; other lines according to quality from 2s 3d f.o.b. Cocksfoot,bright, B£ltoߣd ; discolored, 2d to 2£d f.0.b,, Lyttelton. Potatoes Derwents, 32s 6d at country stations. Dairy Produce Butter, prime quality, 9£d to lo£d ; second quality, 4d to Bd. Cheese, small loaf shape, 5d to s£d ; medium, 4d to 4£d ; large, f.0.b., Lyttelton,

CHRISTCHURCH STOCK MARKETS.

At the Addington Yards on Wednesday moderate entries were yarded, and a fair attendance of buyers. The fat cattle market opened to a meagre attendance of the trade, the demand throughout being very middling, Bales were made at about late rates. Steers sold at from £4 15s to £7 10s; heifers £4 to £6 2s 6d ; and fat cows, £3 to £6 15s, being from 16s to 18s 6d per 1001 b. The fat sheep on offer comprised drafts of good quality ; demand fair, late prices being paid. Crossbred wethers, from 11 s 3d to 17s 3d ; do ewes, 10s to 13s 6d ; merino wethers, 5s to 7s 9d, being a shade under 2d per lb on an average. Very few store sheep yarded. Ew.es in lamb sold at from 10s to 11s ; aged meripo ewes, 3s 2d to 4s 2d, Pigs were in good supply ; demand not very brisk. - Baconers sold at from 38s to 60s ; porkers, 22s 6d to 35s ; stores, 8s to 16s. The entry of store cattle was not large. A line of forward steers sold at £4 10s per head ; young cattle very dull of sale j dairy cows, £4 5s to £6 17s 6d.

At the Burnside Yards on Wednesday the following business was transacted :

Fat Cattle—-233 head yarded, nearly all good, to prime quality. Following previous large supplies the number was much in excess of requirements, and sales were difficult to effect at a decline on last week’s rales, Best bullocks, L 8 to L 9 7s 6d ; others, Li 5s to L 7 30s; cows, L 4 to LB. Beef, 15s to 20s per lOOibs. Donald Stronach sold on account of proprietors SeadownEslate, 18 bullocks at L 7 17s 6d to L 9, Fat C»lves, 12s. Fat Sheep—272l penned, including 668 merino wethers. The supply was most excessive. Taking the market all round, there was a fall of 2s to 2s 6d per head, and several hundreds were turned out unsold. Vendors would act wisely by holding back stock for a week or two, so that the butchers might get quit of their supplies on hand. Bast crossbred wethers brought 12s 6d to 15s 6d, a few extra heavy pens up to Ids; medium do, 10s to 12s 3d ; merinos up to 7s 6d. Mutton to 2d.

Pigs—49B of all descriptions penned. Prices ruled very low. Buckers and stores brought from 5s 6d to 18s; porkers, 28s to 37s 6d ; bacon pigs, 38s to 565.

The following is the report for the week ending Thursday last:— Wheat.—Business during the week has been exceedingly quiet. Millers are fairly well stocked, and there having been noinquiries for shipment, operations have been restricted to a few transactions. Prime milling sorts, velvet and Tuscan only are inquired for, and sell at 3s Id to 8s 3d ; Hunter’s white 3a 3d ; red straw, 2s lOd to 3s; market glutted with inferior and fowl feed, prices for which are nominally Is lOd to 2s 6d per bushel.

Oats.—Large quantities coming forward, a considerable proportion, however, in bad condition. Being unfit for storing, immediate sales of inferior qualities must be made at low rates to avoid a total loss. For prime milling and bright feed there is an improved demand, but without any effect as yet on values. Quotations: Bright milling and short bright feed, Is 8d to Is a small parcel of extra prime, Is 9d ; good abort feed, Is 7d to Is Danish and discolored Is 5d to Is 6d.

Barley.—The market is heavily stocked with inferior sorts. There are quantities of plump bright barley in store, unfit for malting because injured in threshing. Malsters having full supplies on hand only buy sparingly,and prime samples are at 3s to 3s 3d, and 3s fid for extra. Prices of milling sorts and feed nominal. Potatoes —Demand not quite so brisk ] Derwents are held for 70s to 75s and kidneys 50s to 60s per ton. Chaff—Supplies this week have not been so plentiful, and L 3 per ton can be got for good quality well cut. Butter —There is some enquiry for prime salt butter at per lb, kegs' extra, and for fresh at up to Is per lb for prime quality. Eggs 2s per dozen. Turnips, 20s per ton for best Swedes. Carrots—L2 per ton. Sheepskins—'The sales on Monday secured a full attendance of buyers, and, under active competition, all lots offered were disposed of at full rates. Dry skins ; Inferior crossbred brought from TOd to 2s ; best do, 2s fid to 4s 2d ; merinos, la 2d to 4s 8d ; butchers’ green crossbreds, 8s 7d to 3s lid ; do merinos, 3s to 3s 9d ; dry pelts to 5d ; lambskins, 8d to 2s 4d, Hides—Heavy ox bides, 4d to 4fd medium, 3d to j cut and slippy, 2d to per lb. Tallow—lnferior and mixed, 14s to 18s ; medium, 19s to 21sj good to prime

cwt. ENGLISH MARKETS. London, June 15. At to-day’s wool auctions 12,200 bales were offered for sale. The tone of the market was weak. June 17. At to-day’s wool sales 11,890 bales were catalogued to a dull market.