COMMERCIAL.

Temuka Leader, Issue 1509, 22 May 1886, Page 3

COMMERCIAL.

PRODUCE MARKETS. From tbe New Zealand Loan and Mercantile Agency Company's (Limited) report dated 20th May, 1886, we make the following extracts : TIMARU. Wool—The. lots now coming forward are mostly stragglers' wool and fellmongers' parcels. These are offered at our regular akin sales, and, considering the depressed state of the wool market, realise fair prices. Sheepskins—factory crossbred, 2s 4-1 10257 d ; best butchers' crossbred, Is 9d to 2s 3d; do do merino, Is to Is 6d ; second quality crossbreds, Is 3d to Is 8d ; do uierinos, 9d to 10d; lambs do, Is 9<i to 2s; country lots from Is 6d to 3s 6d, according to size and quality. Tallow snd Fat—We have effected sales •t 7& 6d per cwt for rough fat. Hides—The demand is fairly active, and late prices are firmly maintained. Wheat—This market continues firm. The stores are nearly full of wheat held on owners' account. Our mills, although working day and night, cannot keep pace with the demand for " roller rluur," and are consequently buying freely. Bran and sharps hare been put np in price to £5 and £5 5s per ton f.o.b. We have lately quitted sevral lines of milling wheat at 3s 3d to 3s 4d for red chaff, and 3s 6d to 3s 6d for white velvet, on trucks Timarn (for f.o.b. quotations add Id). Tuscan is worth 3s 5d to 3s €d en trneks. Oats—The oat market is quiet at quotatioos. Enquiries are now commencing for seed parcels, but very little business has transpired in this direction. Barley—Very little business is being done in malting parcels. Feed sorts meet with a ready sale at 2a 3d to 2s 8d on trucks. Frozen Meat—Our local works have been busy completing a eargo of from 10,003 11,000 carcasses for the ship Lyttelton, which is expected to load here during the next ten days, after which the wr.rks ' commence upon a shipment of 5000 carcases for a steamer to load during July. CHRISTCHUROH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 21st May:Values in grain are still hardening. Farmers deliveries having almost entirely stopped, it is chiefly store parcels that are being dealt with. Prime Tusoan is in strong demand for shipment at fro to

3s 6d to 8a 7d. Pearl and Hunter's are also firm at 3s 5d for the former, atd 3s 4d to 3s 5d for the latter. Chicken wheat h ip Kt ilt a very fair enquiry at 3s !o 3* 2d both for shipment aud local requirement?. Oats, owing to late quotations from Sydney, have materially advanced, and short heavy feed are quickly taken up at from 2a Id to 2s ljd. Danish and Tartars vary from Is lid to 2s, these sorts being taken chiefly for local consumption. Barley of extra prime quality is readily taken by in ulsters at 3d 3d to 38 4d, and there hus also been an enquiry for shipment. Inferior malting, however, cannot he placed except at very low figures, say, 2* 8d to 2s lOd. feeding; sorts are daily wanted for pig feed at 2* 3d to 2% 4d, it being chiefly want«d in the country districts. Bean a and peas have no anxious buyers. Beans still remain at 2s lOd to 2s lid, and Prussian blues at 3s 8d 3s KM. Ryegrass and Cocksfoot are entirely neglected, buyers are waiting for their spring order*, Potatoes are exceedingly difficult to quote. Buyers refuse to name a price natil authentic information is to hand as to the exact damage done, and growers are alike adverse to offer antil their digging operations are completed. Dairy produce remains at last week's quotations. The above prices are for delivery f.o.b. Lyttelfcon. _ [ OHRISTCHUROH STOCK MARKETS. At tha Addington Yards on Wednesday there were fairly numerous entries of stock, the attendance of buyers being an i average one. Fat Cattle : A pretty good ! number offered, demand fair, prices unaltered. St'ers sold at from £5 2s 6d to £7 12s 5d ; heifers, £3 15s to £6 7» 6d ; fat cows, from £3 12s «d to £slss, being from 17s 6d to 19s per lOOlbs, as per quality. Fat sheep: A moderate entry only, demand prttty fair, values some--1 what harder. Crossbred wethers from Bs, 10« 3d, 10s 9d, and 13s 6d per head ; ewes from 5s to 8s 3d, being an average price ot If d per lb. Store sheep: A small entry, principally aged sheep ; old crossbred ewes from 2s to 2s lOd. A line of good lambs at 4s 6d, were about the only •ties. Store ottle : Only a few odd lots of ctttU yarded ; very dull enquiry ; no quotable sales to report. In the dairy stock market a poor demand was shown, and but little business wns done. Pips : Another large entry of all descriptions. Prices again very low—baconers from 31s to 46s ; porkers, from 8s to 20s ; stores, 4s to 8s 3d. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—The number yarded (217 head) proved in excess of tha trade's requirements—bidding was in conßequeace very languid and prices, as compared with last week's, from 10s to 20a per head lower. Best bullocks brought from £8 to £9 10s; medium, £4 to £5 10s.- -Mr L. Maclean sold for Mr M. Studholme (Waimate Eafrite), 6 prime bullocks from £8 to £9; for Mr William Grant (Tiinaru), 6 prime bollocks from £9 2s 6d to £9lss (top price). Fat Sheep—An average supply came to hand 2351 sheep being penned, including about 150 merinos. The rest of the supply consisted of crcssbreds of all qualities, varying from inferior to very prime. Best crossbred wethers brought from 88 6d to 9s 6d (one special lot about 80 penned sheep 12s 6d); best crossbred eares, from 8< to 9s 6d ; medium, 6s to 8s; inferior, 4s to os 6d. Wright, Stephenson and Co. sold for Messrs M'Goverin and Hardie (Waimate), 60 prime halfbred wethers at from 9s to 9s 3d ; for Mr Andrew Grant (Temuka), 130 two-tooth crossbreds at 6* 9d.—Mr L. Maclean sold for Mr M. Siudholme (Waimate Estate), 132 crossbred ewes from 4s 61 to 8s; for Messrs M'Goverin and Hhrdio (Waimate), 119 halfbred wethers from 7s 9d to 8a 9d ; for Messrs Jonas and Bourn (Timaru), 100 crossbreds at from 4s 3d to 7s 3d. Fat Lambs—s 49 penned, mostly of medium quality. The demand was slack and prices easier. Prices ranged from 4s to 6*, a pen of 12 very superior fetching 6s 9d. Pigs—2o4 penned; nearly all store". There was positively no competition, buyers, of whom theie were few present, getting the pigs at just whiit they liked to offer—in some instances consignments would do little more than pay railway and yard charges. Stores ranged from Is to 9s, and a few porkers from lis to 18s. Store Cattle—Messrs Wright, Stephenson and Co. sold 3 and 4-year-old steers in low condition at £4 17s 6d ; cows at £2 53; and young cattle at 32s each. Horses— Messrs Wright, Stephenson and Co, report as follows:—Last Saturday no less than 120 horses came to hand. We sold in all 75 head, iocludiDg a draft of 40 head light and medium draughts from Mr Benjamin Ede, Canterbury, at from £lO to £l9. We %uote first class draughts at from £25 to £3O; medium, £l6 to £2O ; light do, £l2 to £l4; good hacks and light harness horses, £l4 to £2O; medium, £8 to £l2 ; light and inferior, £2 to £5. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday r Wheat.—Wheat during the past week has continued in good demand, and prices are showing a hardening tendency. Several large transactions have taken place, and as much as 4s has been paid for prime Tuscan and Pearl Velvet wheats in big parcels. Every description is readily saleable, and for choice parcels of Tuscan 3s lid to 4s is obtainable ; velvet, 3s lOd to 4s; and rsd straw, 3s 7d to 3s 9d. Oats.—The demand has been brisk, and large lines have been placed for shipment. The quotations are—Prime milling, 2s to 2s id ; heavy bright feed, is lid to 2s ; medium, Is lOd ; inferior and light, Is 7d to Is 9d. Barley—The quotations are—2s 91 to Sa for malting ; medium, 2* 6d to 2s 8d ; inferior, 2s to 2s 4i ; but the demand is limited and sales are difficult to effect. Grass Seed.—Quotations are nominal. Chaff. B-8t quality would fetch £3 10s ; medium, £3 to £3 5«. Potatoes. Supplies are somewhat short, and beat quality wou'.l fitcli £3 ss. Kidneys are wanted for seed. Butter.—Freah, 91 for mixed lots, and Is to Is Id for known brauds ; salt quiet 9dd to 9s. __

(;i„„.. e ._6(1 per pound for best quality. K,.t;s." —2s 8o per dozen. Turnips. —22 s for Swedes—bags extra. Carrots.—4o*—-bags eatrs. St'fepn'uns.—The weekly an leu tnnk placrt on Monday last. Country dry low to madiuin, brought 8d to 2s 9d ; full wool, 3s 3d to 4s 3d ; do dp low to medium merinos, 9d to 2t 7d ; dry pelts, £d to 5d ; green crosabreds, 1b 8d to 2s 5d ; do merino, Is 3d to Is 7d ; lambskins, Is lOd to 2s 2d. Next Monday being a holiday, the usual weekly sal* will be held on Tuesday, 25th inst. Hides.—Valuas range from 2|d to 4sd per lb, according to weight and condition. T« low.—The values are—prime, 17s to 18s ; medium, 14s to 16« ; inferior 10a to 13a; roagh fat—inferior, 5s to 7s; medium, 8s to 10s ; prime mutton, lis to 12s per cwt.