COMMERCIAL.

Temuka Leader, Issue 1358, 27 June 1885, Page 3

COMMERCIAL.

TIMARU GRAIN MARKET,

The grain market in Timaru is very quiet, absolutely nothing being done. Nominally, quotations are : Prime milling wheat, 2s 4d to 2s 8d ; fowl do, Is fid to Is 9d. Oats, bright long, Is 3d ; do bright short, is fid; do inferior, Is, Barley, 2s fid to 2s Bd.

CHRISTCHURCH CORN EXCHANGE,

The Corn Exchange reports for the week ending Friday evening, the 26th inst.•

Little animation has been displayed during the week in the grain and produce markets. Prime milling wheat (winter sorts) has a fair demand, and sales can be effected.for very prime Tuscan. Second quality is, especially quiet, owing to the large proportion of this class of wheat <ff .rirg. Whole fowl wheat is sought after at current rates. Oats are in good demand for milling and short bright feed, and slightly discolored sorts. Barley— Local buyers are still disinclined to operate at quotations. The only busimss that has transpired are for a few parcels-of second quality malting for shipment. Beans—Very few samples are offering, while the. same remark applies to feed peas, but Prussian Blues command full rates. Ryegrass has a brisk demand for clean farmers’ parcels. Potatoes— Very fair Derwents are offering, and buyers are not inclined to purchase at higher quotations except for specific I orders for quick delivery, when a slight advance on the quotations could be obtained.

Wheat—Prime milling (winter sorts), 2s 9d to 2s lOd ; Tuscan, 2s 8d to 2s 9d ; second quality (fit for shipment), 2s 2d to 2s 6d ; fowl feed, Is lOd to 2s, f.o.b. Oats—Milling and bright short feed, Is 9d to Is, lOd ; short feed, slightly discolored, Is 7d to Is 8d ; inferior kinds, Is 4d to Is 6d, f.o.b. Barley—Malting (prime), 3s 6d to 3s 9d ; second quality, 2s 6d to 3s ; feeding kinds, la 9.1 to 2s, f.o.b. or Christchurch. Beans, 2a 6a. Peas (feed), 2s 6d; Prussian Blues, 3s 6d, f.o.b.

Ryegrass Machine-dressed, 4s 6d ; clean farmers parcels, 3s to 3s 6d.

Cocksfoot—Bright, 3jd : discolored, 2d, f.o.b. Lyttelton. Potatoes—Dei wents, 32s 6d at country stations.

Dairy Produce—Butter ; Prime, lid ; second quality, 8i; inferior, from 41. Cheese ; Small loaf shape, 5d to s£d ; medium size, 4d to 4|d ; large, f.o.b. Lyttelton. CHRISTCHURCH StOCK MARKETS. At the Addington Yards on Wednesday small entries of stock were again yarded. Market opaned with fat cuttle, at eight o’clock, to a fair attendance of the trade. The supply of beef rather limited ; the quality in most cases very good. The demand showed a marked improvement on late sales, and values increased. Steers sold at from £5 10s to £7 15s, heifers £4 to £7, being from I7s to 19a per 1001 b, according to quality. Another small supply of fat sheep sent values up a little. Crossbred wethers at from 12s 3d to 18s ; do ewes, 10s to 13s ; merino wethers, 6s to 11s 6d, being at the rate of 2d per lb. A few lines of store sheep on offer ; demand not very brisk. Hoggets sold at 8s lOd ; ewes, in lamb, 8s to 10s 6d. A moderate entry of pigs met with an improved demand. Porkers sold at from 22s 6d to 36s ; baconers, 40s to 70s. A small number of store cattle on offer ; values unaltered. DUNEDIN STOCK MARKETS.

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

Fat Cattle.—lls head yarded ; the greater portion good to prime, and the balance medium and inferior. The limited supply caused much brisker competition than has been noticeable for several weeks past, and for prime beef an advance on late rates was obtained. Best bullocks brought from £8 10s to £10; medium to good, £6 10s to £8; inferior, £4 10s to £5 17s 6d ; cows, £3 5s to £8 15s. Beef, 20s to 22a 6 I per IOOIbs. Calves sold at to 21s each.

Fat sheep,—lo39 penned, inclusive of 120 wethers, all of good useful quality. Best wethers brought 35s to 17s, one pen extra heavy 18s ; medium 12s to 13s 9d ; others, 10s* to lls 9d : crossbred ewes, 12s fid to 14s 3d ; merino wethers, 8s fid to 14a. Mutton, per lb. Fat Lambs 8s 3d. Pigs.—4lo forward, and although the supply was excessive, every lot found purchasers at about last week’s quotations. Suckers brought 9s to 12s ; slips, 13s to 20s; stores, 23s to 30s; porkers, 25s to 355; and bacon pigs, 40s to 60s. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Thursday last: —

Wheat. Large supplies continue to come forward, iind when sales are forced a concession of from Id to 2d per bushel must be made on last week’s quotations ; 3a 3d is still sought for prime milling velvet, but little' can be sold at this rate. Hunter’s white is about of equal value ; Tuscan is quoted tip to 3s Id ; red, to 2a lid ; fowls’ feed, Is lOd to 2a 3d per bushel. Oats.— There have been several large transactions to note during the week, and a more active business would be done were desirable freights obtainable by intending shippers. Melbourne advices report the stocks there as running low, and, taken in connection with the considerable quantities of damaged oats In the Colony, the circumstances have hardened the prices of prime parcels in this market. Prime milling and heavy bright seed are quoted at la B£d to la 9d ; good bright feed, ls7d to lsßd ; ordinary, Is fid to Is 7d. Damaged oats are in excessive supply, and sell at 8 i to Is 5d per bushel. Barley.—As malsters have for the present full supplies on hand, there is very little doing in this grain, and only ia prime samples fit for malting. These are quoted at from 2s 9d to 3s 3d per bushel. Milling and feed parcels are for the present unsaleable. On Tuesday 100 sacks of good feed were offered at auction by Donald Stronach, but without eliciting a bid.

Ryegrass Seed.—There is some inquiry for this seed. Donald Reid and Co. have sold 3750 bushels of farmers’ undressed lots at satisfactory prices. Chaff.—£3 per ton for good quality well cut.

Potatoes.—The demand is limited to local requirements. Sales have been at £3 5s for prime Derwents, Turnips.—2os per ton for best Swedes. Carrots. —£2 per ton. Butter.—Supplies of salt butter have been coming to hand very plentifully this week, and the demand is quiet at per lb. Fresh butter of prime quality is wanted at up to Is per lb. Eggs are now getting more plentiful, and prices are considerably weaker.

Sheepskins,—On Monday green crossbreds brought 3s 7d to 4s 6d ; do merinos 2s 8d to 3s7d ; country dry skins crossbreds, Is to 3s 6d ; do merino, low to medium, Is 3d to 3s ; do full wool, 3s 3d to 4i lOd ; pelts, l|d to Is 2d; lambskins, 9d to 3s 3d. ■ Hides are in fair request for both shipment and local requirements, but with the exception of prime heavy, which are slightly firmer, there are no alterations from last week’s potations. Tallow.—Although a moderate business has been done, prices are weaker. Quotions, however, remain nominally at 16s to 18s for inferior and mixed ; medium, 19s to 21s; good to prime 22s to 24s ; rough fat, 12s to 14s per cwt. ENGLISH MARJTETS. Lounoi, June 25. At to-day’s wool auction 7700 bales were catalogued. The market is rather weak, Ihe New Zealand Loan and Mercantile Agency Company, Limited, has received the following cablegram from London, dated 23rd June, 1885 : Wool—Market unchanged, except New Zealand medium and inferior greasy, for which prices are easier; and fine crossbred, which has declined £d to Id per lb. There is a moderate competition on French account, and that on Belgian and German account is fair. The American demand is good for medium quality crossbred heavy in grease. The total catalogue to date is ,182,000 bales, and withdrawn 26,000

bales. Last quotations unchanged since 4th inat. Wheat— The yield of the crop in the Eastern States of America is below the average about 20,000,000 quarters. Tallow—Market quiet. Mutton and beef are worth 30s and 36s pe<- cwt. respectively. Leather Market firm ; bast sides quo'ed at per lb. Frozen Meat -Market firm ; mutton weighing per carcase 70'b to 751 b is worth s|d per lb ; and lambs, 8d per lb.