COMMERCIAL.

Temuka Leader, Issue 1476, 6 March 1886, Page 3

COMMERCIAL.

TIMARU MARKETS,

Grain is now fast arriving in Timaru, but most of it is going into store on owner’s account, as farmers do not care about accepting present prices. It is in firstclass condition and of good quality. Quotations are :—Wheat —Red chaff, 3s ; velvet and Tuscan, 3s to 3s 4d. Oats— Milling’ 2s; feed, Is XOd. TheTe is nothing doing in barley at present and quotations are nominal.

OHRISTOHUR 3H CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the sth March :

Samples are offering plentifully, which has caused a decidedly easier tendency in both barley and oats. Wheat is steady, favorable cables from London helping to maintain our quotations. Prime Tuscan is worth 3s 4cl ; Pearl and Hunter’s, 3s 2d to 3s 3d ; while the balance of old stocks have been taken up freely for the Australian.markets at from 2s lid to 3s Id. Chick wheat is in good demand as 2s 7d to 2s 9d, but little is offering. Oats—Buyers are confining themselves to execution of orders. It would be difficult to obtain more than 2s Id for milling lines, while feed descriptions range from Is lOd to 2s.

Barley is offering in abundance; unlike wheat and oats, very litt 1 - going into store on growers’ account, they not being anxious to repeat their experience of last year. Prime, bold bright Halting barley still commands 3s-Qd, while second grades range from 2a 9d to 3s 3d. Feed kinds are worth Is 9d to 2s,

Prussian blue peas are offering freely to a good market, up to 4s being paid for hand-threshed and true to name ; machinethreshed range from 3s 6d to 3s Qd, Ryegrass hasstiß a fair enquiry, for the hjbrth Island machine-dressed, 5s to 5s 3d ; well cleaned farmers’ lots, 4s to 4s 6d. The cocksfoot market is quiet at 4d to 4jrd. Dairy produce has still plenty of com-petition-prime tub butter at 9d to 10d, while cheese is well stocked at last quotations, The above prices are those paid to farmers, and delivered f.o b. Lyttelton.

DUNEDIN PRODUCE MARKETS,

The following is the report for the Week ending Wednesday .*— Wheat—Prime milling is .almost out of the market, and, pending the arrival of the new crop, there is not much doing. Millers do not show much disposition to buy heavily, and wait until prices are established, The quotations are, nominally, up to 3s 9-1 for prime milling, and fowl feed 3,8 to 3s 4d, and for inferior do la 9d to 2s (jd.

Oats are only inquired for in small pircels for local requirements, and, in the absence of shipping orders, the mukep is quiet, Hopes are entertained that prices Ail! still improve, and that a demand should spring up for suitable parce's for shipping, hut at present there are few inquiries from either Sydney or Melbourne. Prices are nominally 2s 3d for prime parcels, and 2s to 2s Id for heavy feed, and Is lOd to 2s ordinary. 'Several parcels of the new crop have arrived of

fair quality. Holders are firm at these prio-.s. UaHey—!;itl'“ business doing’, and prices not y■. t ■ ■ t Wlished. Ryegrass— Values from 3a 9d to 4s 9d, according to age, of pasture and quality. Cocksfoot is inquired for, hut tin re are few hda offering. The quotation is 4| I to 5d per I l '. Chaff -£3 12s fid to £3 15s for host quality, £3 5- t > £3 7s G 1 fo: oi dinary. Potatoes—Supplies this week are rather short, and piime Derwents would readily fetch £4 per ton ; kidneys, arriving fresh, £3 to £3 ss. Butter—Fresh continues scarce at lOd to lid ; salt. 9i, with only local inquiry. Cheese—Best quality, 6d per lb. Eggs, Is 3d per dozen ; wales slow.

Sheepskins,- Dry crossbreds from 1? Id to 3s 7d ; do merino, Is 4d to 4s ; do pe.ts, 2d, 4d, 6d, and 7d ; lambskins, lOd; green do,. Is 4d to Is 7d , green pelts, Is 2d to Is 6d.

Hides.—Heavy, well conditioned, and free from cuts and scores, say 651 b and over, are worth 4d ; medium weights, 3d to 3-|d ; and inferior, 2d to 2|d.

Tallow.—The values are: Well-rendered t dlow, £l4 to £l9 ; medium, £l2 to £l3; £lO to £ll 15s; and rough fat, £9 to £ll for best, and £5 to £8 for inferior.

< 1 DUNEDIN STOCK MARKETS.

.» At the Burnside Yards on'Wednesday the following business was transacted : *

Fat Cuttle—A small supply, 124 head, and of this number not more than onethird was prime, and the remainder fair to good., Competition was brisk, and, in consequence of the small number forward, prices improved 20s per head, and fully over this for primd qualify. Best bullocks brought from £9 to £lol7s fid ; medium, £6 12s 6d to £8 10s; ordinary, £4los to £6. Best cows, £7 15s to £8 15s; others, £4 2s 6d to £6 10a. L. Maclean sold for Mr M. Studbolme (Waimate Et-tRe) 6 cows from £7lss to £8 15s,

Fat Sheep-The number penned was 1942, and, excepting 160, mostly merino ewes, the balance we«dpcrossbreds. The quality of the greater portion was prime, and the remainder ordinary quality. Prices were very irregular, bidding at R.e commencement of the sales being brisk, and prices slightly better than last week, but as the sales progressed there was less animation, and price_s easier. Best crossbred wethers, Bfi 6d to 9s 6d ; ordinary, 6s to 7s 91 (one pen extra heavy, 10s 3d); prime merinos, 7s 6d to 9s ; ordinary, 4s to 6s 6d. L. Maclean sold for Mr M. Studholme (Waimate Estate) 105 crossbred ewes at Bs, and 42 merino wethers at 5s 9d ; for Messse H. R. and J, E. Parker (Elephant Hill) 20 crossbred ewes at 9s. Wright, Stephenson and Co. sold for N.Z. and A. Land Company (Levels Estate), 132 crossbred ewes at from 6s 9-i to 7s 6d ; for Mr T. D. Robertson (Washdyke), 40 crossbred ewes at 7s ; for Mr T. Mitchell (Washdyke), G 6 crossbred ewes at from 7s to 7s 3d. Donald Reid and Co. sold for the N.Z. and A. Land Company (Pareora), 96 crossbred ewes at Bs.

Fat Lambs—l2l3 penned. The prices realised were from 3s to 5s 6d, one exceptional pen for freezing purposes fetching 7s 6d. L. Maclean sold for Messrs H. R, and J. E. Parker (Elephant Hill), 50 at 4s 9d ; for Mr Andrew Martin (Otaio), 180 shorn lambs at from 5s to 5s 3d, Wright, Stephenson and Co. sold for Mr T. D. Robertson (Washdyke), 30 at from 6s to 6s 3d.

pjas—23l were penned, consisting of all sorts. Good porkers sold under fair competition, and prices showed an improvement on last week. Wright, Stephenson and Co. sold 28 bacon pigs at from 28s to 465; 80 porkers at from 18s to 23s 6d ; and 28 suckers at from 3s to 5s 6d.

Store Sheep—There is an improved demand, particularly so for young crossbreds, and several lots have changed hands during the week. Horses—Wright, Stephenson and Co. report that they held their weekly sale on Monday. The entries consisted chiefly of light-harness horses and hacks, about 30 of which changed bands at quotations. They quote first-class draughts at from £22 to £2B ; medium, £l2 to £2O ; firstclass hacks and light-harness horses, £lB to £25 ; medium, £lO to £l4 ; light aad inferior, £3 to £6.

ENGLISH MARKETS.

London, March 2, Adelaide wheat is worth 36s fid, ex store j New Zealand wheat, 28s to 34s fid. Tallow—Australian beef of average quality is quoted at 23s 6d per owt j do mutton, 24s fid,

The New Zealand Loan and Mercantile Agency Company have received the following cablegram, dated London, March 2nd, 1886 ; Wool—Market unchanged. Wheat —There is an improved feeling. Adelaide wheat is worth 36s 9d; New Zealand average, 33s ; and New Zealand long-berried, 34s fid per 496ibs. Victorian wheat to arrive, iron ship, is worth, c.i.f., 37s fid per 4801bs, JanuaryFebruary bill of lading, Tallow—Market’steady. Good mutton is worth 23s fid,’ and good beef 22s fid per cwt.

Leather—Market easier; quotations unchanged. Frozen Meat—Market has been higher since We last telegraphed, but has declined ; market steady. New Zealand mutton, weighing per carcase 651bs to 701 bs, is worth s|d per lb.