COMMERCIAL.

Temuka Leader, Issue 1534, 20 July 1886, Page 3

COMMERCIAL.

CHRISTCHURCH STOCK MARKETS. At ih 11 Addington lards on Wednesday large entries of stock, and a fair muster of buyers. Fat cattle—A largo entry of various qualify, some very prime lines being submitted by auction, demand pretty fair, in some cases keen, inferior lines neglected. Prices were as follow; Steers, from £5 12s 6d to £8 10s, and one grand bullock went to £l3 10s ; heifers from £3 15s to £6 12a 6d, values ranging from 18s to 21s per 1001 b. Fat sheep—A very 1 argo entry, some very good lines being on offer ; demand hardly so keen as of late, the supply being a little in excess of requirements, rates were consequently easier. Primest crossbred wethers sol'd from 10s 9d to 13a 6d ; medium sorts, 9a to 10s 3d ; crossbred ewes sold at from 8s to 13s, the latter for extra heavy weights; some very prime merino wethers were offering, the best sold at from 12s to 12s 9d, medium 6s to 8s 9d, merino e/res at 7s Id, and from to 2d may be quoted as ruling values. Store sheep Very few entered, and business nominal. Store cattle—A light entry, demand very slack, rates undergoing no alteration. A line of two-year-old steers sold at £3 per head ; another line at £2 ss. Dairy cattle were in small supply, business dull. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted j—» Fat Cattle—The number offered, 250 head, proved considerably in excess of trade requirements, and in consequence bidding was rather slack, a reduction in values of from 20s to 30s per head having to be accepted to effect sales. The fall in price was more noticeable on inferior quality, for which there was but slight competition, and a number of pens were turned out unsold. Best bullocks from £7 15s to £lO 2s 6d ; medium and light, £4 to £7 5s ; cows, £3 to £8 ss. Messrs Wright, Stephenson, and Co. sold for Mr R. A. Barker (Orari) 8 Devon steers at from £6 7s 6d to £7 ss. Fat Sheep—An exceptionally large supply was offered to-day, viz., 5607, and competition was dull, the result being a considerable reduction in prices ; fully 2s 6d to 3s per head under last week’s values requiring to be accepted to effect sales. Best crossbred wethers brought from 10s ,3d to 13s 3d ; medium, 7s 6d to 10s ; best crossbred ewes, 8s 9d to 10s 6d ; others, from 6s 6d to 8s 6d ; merinos, 5s 9d to Bs.—Mr L. Maclean sold for Mr M. Studholme (Waimate Estate), 128 crossbred ewes from 6s 9d to 7s 9d.— Messrs Wright, Stephenson and Co. sold for Messrs Manchester Bros. (W airaate), 60 prime crossbred wethers at 13s; for Mr W. Hartnell (Rakaia), 65 halfbred wethers at lls 6d, and 740 pri ne merino wethers at from 7a 9d to 8s; for Messrs Friedlander Bros. (Ashburton), 83 merino wethers at 6s 9d ; for the N.M, and A. Co., Limited (Timaru), as agents, 41 crossbred wethers at 10s 9d, and 79 crossbred ewes at from 9s 9d to 10s 3d ; for Mr John Murray (Orari), 31 prime crossbred ewes at 12s 3d ; for Mr R. A. Barker (Orari), 56 crossbred ewes at lls 3d. Fat Lambs —60 penned, and sold at prices ranging from 5s 6d to 9s. Pigs—A large number came forward to-day, viz., 438, chiefly porkers and bacon pigs. Suckers and stores brought from Is 6d to 10s; porkers, 15s to 24*; baconers, 27s to 38s ; heavy weights, up to 50s. Horses—Messrs Wright, Stephenson, and Go. report first-class draughts at from £25 to £2B ; medium, £l2 to £2O ; inferior,.£B to £10; first-class hack and light harness horses, £l6 to £22 ; medium, £8 to £l4 ; inferior and aged, £1 10s to £5. AUSTRALIAN MARKETS, Sydney, July 16. New Zealand wheat is quoted at 4s 8d per bushel; New Zealand oats, 2s 5d ; maize, 56lbs, 3s 4d, Sugar is unchanged . Adelaide, July 16. Shipping wheat is firm at 5s per bushel 5 Adelaide town flour, £ll 5s to £ll 10s per ton ; country brands, £lO 10s to £lO 15s. ENGLISH MARKETS. London, July 15. Tool —The present series of wool auctions will terminate on the 17th inst. ’ The total quantity sold to data is 350,000 bales. Only 5000 have been held over. The closing rates for vanoqs descriptions compared with closing rates of the previous rates are as follow Greasy wools generally l|d to 2d higher ; Port Philip and Sydney —greasy, 2d to 2|d higher ; fleece, medium quality, 3d to 3£d higher, scoured, 4d to 5d higher ; crossbreds, fine, Id to higher, coarse.crossbreds, id to Id higher, July 16. Australian tallow has advanced 6d e r cwt. Beef is quoted at 25s and mutton 27s per cwt. The total quantity of wheat <Hloat for the United Kingdom is 2,400,0u0 quarters, being 260,060 quarters iqoye th*u last yreek. New Zealand frozen mutton is quoted at sid per lb. *■ July 17. The wheat market is dal). On Monday there was a slight advance on foreign cargoes, but colonial stocks have lost, Aqstr&liap, ex warehouse and ship, was quoted at 34s 6d to 355, No business was done with cargoes on passage. Flour has slightly improved. The wool sales have closed. The number of bales catalogued was 362,000, of which 5900 were reserved. The market h&s gained since the beginning of the apd at the closing hae reached the highest prices. Australian merinos show an advance of 30 per cent, above April rates. Greasy sorts are 4Q percent, apd crossbreds ,15 per cent, ahoye prices in April, About 58 per cent, of the sales have been taken for export.'