COMMERCIAL.

Temuka Leader, Issue 1391, 12 September 1885, Page 3

COMMERCIAL.

THE TIMARU GRAIN MARKET. Wheat-Prime milling, 2s 8d to 3s; inferior, 2s 3d ; fowl feed, If, 9d to 2s. Oats—Bright long, Is 7d to la 8d; short, Is 9d ; inferior, la 2d to Is fid. Barley—Feed, Is 9d to 2s; malting, 2s fid to 3s. CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 11th inst. ; Another quiet week in the grain and produce market has passed. Wheat is steadily moving off, but prices have not advanced, owing to the large quantities of second quality stored on owners’ account, and which is being constantly offered without business being done. Prime hard milling, which is not very plentiful, is firm at 2s lid to 3s Id, the demand being chiefly for local requirements. Tuscan has a fair enquiry for shipments at a penny less ; second quality is still offering in abundance at from chickwbeat prices to 2s fid, but buyers decline to go beyond orders already on hand, millers’ stocks of this class being heavy. Whole chickwheat (fit to’ship) finds buyers at 2s Id to 2s 2d. Oats— Bright heavy feed and milling are scarce, and command full rates of Is lid to 2s, I while slightly discolored short feed are wanted for shipment at Is 8d to is 9d ; inferior kinds are taken up locally at 1« fid to is 7d. Barley is without animation, and prices are nominally at our last quotations. Peas have still an enquiry for seed at from 3s fid to 4s fid according to sorts. Beans find buyers at 2s fid, but the business is limited owing to holders asking for an advance on this price. Ryegrass being quickly taken up for spring sowing at 4s fid to ss. No farmers’ parcels are offering. Cocksfoot is coming to hand freely, but bright heavy seed is quickly taken up at 3i>d, and discolored at 2d to 2id, Potatoes have had an especially quiet week, buyers keeping entirely aloof.

The Sydnoy market has suffered a decline, but has again partially recovered. We quote this week 62s 6d to 655, sacks included, with no buyers. Dairy produce is quiet, and quotations remain at last, week’s rate*.

The above price* are those paid to farmers, and for delivery f.o.b. Lyttelton.

CHRISTCHURCH STOCK MARKETS,

At the Addington yards on Wednesday only moderate entries of stock were yarded for the day’s market; attendance of buyers also hardly up to the average. Business began shortly after eight o’clock, with the sale of fat cattle, the entry being only a moderate one. Competition was keen and values higher, Steers sold at from £6 5s to £8 10s ; heifers, £4 15s to £8 17s 6d ; fat cows, £4 to £6 15s, being from 20s to 23s 6d per 1001 b, according to quality. A fairly good entry of fat sheep were yarded, principally of firstrate quality. Prices were firm, buyers for export operating. Crossbred wethers sold at from 14s 6d to 20s 6d, the latter price for very heavy weights ; crossbred ewes, 13s 9d to 16s 9d ; merino wethers, from 8s 6d to 10s 9d. A limited number of store sheep penned; demand dull. Ewes with lambs sold at 14s 6d and 16s 9d, and a line of merino ewes in lamb at 3s 2d. A moderate entry of store cattle met with only a poor sale. Lines of three-year-old steers sold at £4 12s 5d and £5 per head. A few fat lambs sold at from 9s 6d to 15s per head. The pig market was moderately supplied ; demand dull; low prices ruling.

Messrs R. Wilkin and Co. report;— Sheepskins, Hides, Fat, and Tallow.— At our New Zealand Wool Stores, on the 10th inst., we catalogued about the usual number of sheepskins, which, owing to the recent advices from London (quoting a further drop in prices) suffered a slight decline on last week’s rates. We sold as follows Butchers merinos at from 3s to 4s 2d ; do crossbreds, from 3s 3d to 4s sd. Lambskins 6d each. Country skins, according to quality, to 4s Id. Fat to per lb. Hides—Ox hides, heavy weights, 3|d to 4d ; light do, 3d to 3£d per lb ; calfskins, sound, 4d 5 cut and damaged hides and calfskins, 2£d per lb.

DUNEDIN PRODUCE MARKETS

Wheat—There is no alteration to note. Millers are for the time being fairly well supplied, and holders are not disposed to press sales at present rates. Quotations are : For prime milling velvet and Tuscan, 3s 2U to 3b 4|d ; red straw, 3s to 3s 2d ; inferior, 2s 3d to 2s fid. Oats—The demand is active, especially for piime samples, which are at present light io stock. The late advance is well maintained, and sales have been made of prime milling at up to 2s OJd ; heavy bright feed, Is lOd to 2s ; stout feed, Is 9£d to Is 10|d ; inferior and discolored, Is 5d to Is 9d per bushel. Barley—Very few prime parcels offering, Mailing can be placed at from 3s to 3s 6d in small quantities; milling and inferior, 2s 3d to 2s 6d. Potatoes—Tlie market for Derwents has rather improved, and £3 16s is now the quotation for good quality. Grass Seed—There is a good demand for ryegrass at 4s 9d to 5s for welldressed parcels off old pasture ; cocksfoot, 4£d per lb. Chaff—Good quality, well cut, is iu demand at £3 per ton ; inferior, £2 5a to £2 10s. Butter—Salt is in demand, and the supply is very short. Any prime lots would fetch lid. Fresh is in full supply, and recent quotations are barely maintained. Cheese—sd per lb for best quality. Eggs—B£d to 9d per dozen. Sheepskins—Green crossbreds bring 3s to 3s lid ; do merinos, 2s to 3s lOd ; dry crossbreds, lOd to 3s 81 ; do merinos, 8d to 3s Id ; pelts, 4d to lid : lambskins, 7d to 2s Id. Hides—The market continues, as for months past, unchanged. Ruling rates range from to 4£d, according to weight and condition. Tallow—Only in demand for local consumption at, for prime, up to 21s; medium, 17s to 19s ; inferior, 14s to 16s ; rough fat, 10s to 12s perewt. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted :—• Fat Cattle.—2sß head yarded, and, as the quality was various, the biddings wore irregular. There were, however, large numbers of prime beasts forward—superior beef, considering the season of the year. On the whole “the trade” had the best of the day. Best bullocks brought up to £ll ss; cows to £9 7s 6d.—Messrs Wright, Stephenson, and Co., sold for Mr John Douglas (Waihoa Downs), 14 prime bullocks at from £8 5s to £9 15s ; for the New Zealand and Australian L-nd Company (Levels), 12 prime bullocks at from £8 2s fid to £9 10a ; for Mr F. Simmons (Makikihi), 6 bullocks at from £7 7s 6d to £7 12s fid. Mr Donald Stronnch sold for Mr F. Simmons (Makikihi), and others bullocks at up to £B. Mwsra Donald Reid and Co., sold for Mr T. Henderson (South Canterbury), 11 bullocks at £7 12s fid to £S.j Beef, 17s fid to 20a per 1001 b for ordinary ; 22s fid for prime. Calves sold at from 11a to 325,

Fat Sheep.—l2sl forward, of which nearly one-half were merinos. A considerable proportion were good sheep, a few pens exceptionally so. For the latter there was a brisk competition, Messrs Wright, Stephenson and Co. sold for Mr John Douglas, Waihoa Downs, 80 crossbreds at 13s 9d, and 40 halfbreds at 13s 9J. Mr L. Maclean sold for Mr Leonard White (Rakuia), 61 halfbred and quarterbred we'hers from 21s to 235, and 38 prime merino wethers from 19s 7d to 20s ; and for Mr M. Studholme (Waunate Estate), 140 shorn crossbred wethers from 13s 3d to 13s 9d. Mutton, 2£d to 2|d per lb. Pigs—2oß penned, chiefly porkers and bacon pigs. Bacons sold at from 35s to 85s ; porkers, up to 32s 6d ; stores, to 25s ; suckers, to 13s.

Horses Messrs Wright, Stephenson and Co., report as follows : —A demand exists for first-class young draughts, and we anticipate this will keep up. Prices, however, are not high, but if vendors are prepared to accept current rates they will find a good outlet in this market at present. We quote first-dass draughts

»t from £25 to £3O ; medium, £]s to £2O; first-clabs Lacks and iiglit-haineas horses, £lB to £26 ; medium, £6 to £l3 ; light and inferior, £2 to £5.

AUSTRALIAN MARKETS,

Melbourne, Sept. 10,

The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reporta of the local markets as follows : Shipping wheat is steady at 4s 2d per bushel ; malting barley is quieter at 4s to 4s 6d ; New Zealand oats show an ell round advance of Id to 2d per bushel. Feed sorts are firm at Sa to 8s Id, and milling descriptions are in good demand at 3s 2d. New Zealand oats under bond are at 2s 2d to 2e 4d per bushel.

ENGLISH MARKETS

London, Sept. 0,

At to-day’s wool auction 10,200 bales were catalogued to a flat market, prices generally being drooping. Adelaide wheat, off coast remains at 85s 6d, but off coast cargoes have fallen to 38s 9d,

Th« New Zealand Loan and Mercantile Agency Company (Limited) have received the following wool telegram from their London office :—“ The sales progress flatly. Greasy has declined Id to l£d per lb; clothing and combing washed have each declined ]£d to 2d per lb ; scoured has declined 2d to 2£d per lb ; fine greasy has declined ■|d, fine washed to Id, and fine scoured Id per lb. Coarse crossbred has declined coarse washed crossbreds id, and coarse scoured crossbred Id to l-jpl per lb ; lambs’ wool has declined to Id per lb. The American demand is good for long-staple merinos light in grease. Competition on French. Belgian, and German account is sluggish. There is much irregularity in the bidding. The attendance of Home buyers is good, but that of foreign limited. Th« total quantity catalogued to date is 70,000 bales, and the total quantity withdrawn 15,000 bales.