COMMERCIAL.

Temuka Leader, Issue 1515, 20 November 1886, Page 4

COMMERCIAL.

'' l CHRISTCHURCH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 19th inst.

The holiday.week (during which business in the grain trade was entirely suspended) being over, trade has reverted back to its hand-to-mouth t-tite. The weather has been all, that could be desired, and accounts from the country* districts are of the most promising description : feed being abundant, and the corn fields all that could be desired.

Wheat is being steadily but slowly forwarded on the consuming districts, and stocks are getting gradually lower in the absence of any supplies from the country districts.; Pearl is .'most sought after for local requirements, and readily commands 4s 6d ; Tuscan and Hunter’s has not such firm enquiry at 4s 5d ; shrivelled and second quality is taken up at 4s 2d to 4s 4d; and chicken wheat is still scarce at 3s 8d to 3s lid.

Oats meet with an exceedingly weak demand, and as anticipated prices have given way. Milling are not over plentiful at 2s 3d, but buyers are scarce ; short bright feed are dull at 2s Id to 2* 2d, and Tartars and Danish are very flat at la lOd to 2s.

Barley is again quiet, and the prices ruling during the past few weeks are scarcely maintained. Prime malting running from 2s 8d to 2s lOd, and feed from 2s 2d to 2s 4d.

Beans and peas have no business to note. - ;

Grass Seeds—The season being past there are but few sales to record, and prices are week at last quotations.. . Potatoes .are unsaleable, and a fen growers have been compelled to ship to Sydney on their own account, and it is entirely problematical whether they cover the cost; holders, however, generally refuse to execute local orders at less than 20s per ton at country stations. Dairy produce has little outside enquiry; and the local demand is very slight. Prices are not firm at last quotations, viz., 7d for tub butter, and Bid to 6d for cheese. The above prices (potatoes excepted) are for delivery f.o.b, Lyttelton.

CHRISTCHURCH STOCK MARKETS. At tbe Addington Yards on Wednesday, very heavy entries of all kinds of stock yarded ; about an average attendance of buyers present. Pat Cattle—An over supply, the quality in most caaes ; being of the very best, but rather too heavy for the present weather. The demand was pretty fair, but buyers had it a little their ©wn way, and values were lower. A feature of the sale were S wonderfully heavy steers, which sold, 1 at £l4, and 2 at £lB per head ; other bollocks sold at from £8 5s to £lO 15s ; higher weights, from £6 2s 6d to £7 10s ; heifers, from £5 2s 6d to £7, and from 20s to 22a per cut was the ruling price. Fat Sheep—A large entry of all, grades of quality. Business began fairly well, but fell off very quickly, and a dragging sale took place at a reduction of fully Is 6d to 2s per head. Shorn crossbreds, very heavy, at 14s co 14s 3d ; medium, at from 7a 6d toTOa 3d ; crossbreds, in the wool, at from 12s to 15s 3d; and a line of prime merino wethers, in (be woo), at 12s ; about 2d per lb was average price paid. Fat Lambs—A very large entry ; far too great a supply. Values ranged from 4s to 8s per head. Store Sheep—A large entry • was yarded, but buyers were few. Sales were made at a shade lower than late quoted values. The same may be said sbout the store cattle market, Pigs are in moderate supply • values a shade better.

; DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—There is a slight improvement in the demand this week, but the inquiry is confined lo local millers. Prices continue firm, and stocks in town are almost cleared out, any who bold are asking an advance on late rates. Quotations are : For choicest milling, 4* lid to 6s Id ; good to prime, 4a 9 ' to 4s 10J ; medium to good, 4s 6J lo 4s 8d ; inferior and fowls’ wheat, 3s to 4s 3d (ex store, bags vr eighed in). # ■ Oats—There is no improvement in the

demand for these. Stocks are not being much reduced, and some holders, influenced by late advices from Melbourne ancl Sydn y, are acc-pting lower rates. Quotations: —for prime heavy bright ; milling, Is lOd to Is lid ; short bright feed, ]aßd to Is 10i ; medium, Is 7d to Is 8d ; long oats, Is 8d to la 9d (ex store, bags weighed in. Ba ley This market is cleared out, atjdjyery litt-e demand now for malting feed and milling is occasionally asked lor.hut the consumption is limited. Best maiting, 2s lid to 3s ; medium, 2s 8d to 2s 10<i; feed and milling, 2s 3d to 2a 6d (ex store). Kyegrass seed—formers undressed, medium, 2b 6d to 3s 3d ; good to prime (fairly dean), 3s 6d to 4s 6d ; machine* dressed (off old pasture), 5a 3d to 5s 9d ; imported, 5a 6d (bags extra). Cocksfoot seed shows no alteration for the better —If anything the market is weaker. Quotations are 4d to 4|d per lb. Potatoes. - These are in fair demand at from 40a to 455, if in good condition and - fresh picked. Chaff—£4 Ids for best oaten sheaf, and £2los to £2 15a for straw chaff. Balter—Neiw season’s salt, 7d per lb ; old sells slowly at 6d for best mixed brands. Eggs are in fair supply at 101. If. Hides —Inferior and bulls, IJd to 2d ; lights 2jd to 2fu ; medium, 2|d to 3d ; heavy, free from cuts, clean, (free from cheeks and shanks), 3£d to 3£d per lb. Tallow—A moderate demand continues to exist for local requirements. Present quotations are : for inferior and mixed, lls to 14s; medium, 15s to 17s; prime mutton, 18a to 19s ; rough fat, inferior, 6s to 7s ; medium 8s to 10s; best mutton, lls to 12s per cwt. Sheepskins.— On Monday, country dry crossbreds, low to medium, brought 10>1 to 3s 7d; do do full-wool, 3s 101 to 5s 31; do do merino, low to medium, 8d +o 3b ; do do fullwool. 3s 31 to 4s 91; dry pelts, to 6d ; green crossbreds, 6-< 2d to 5 s 9d ; do do merino 4* 31 to 6a; do pelts, s£d 4o 7d j lambs. lld to Is Id.

DUNEDIN STOCK MARKETS.

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

• Pat Cattle—ls 4 head were yarded, about one-half of which were good to prime medium weights; the balance were only ordinary, a few being little better than good stores. At the commencement bidding was brisk, especially for prime quality, when prices about equal to last weeks week’s were i obtained, but as the sale progressed competition eased off considerably and Imrer prices ruled. Ordinary quality all through was easier, and prices for these were lower than last week. Best bullocks brought £8 10s to £ll 2s 6d ; light and medium, £6 5s to £7 10s; best cows brought up to £9 2s 6d. Messrs Wright, Stephenson and Co. sold for Mr John Murray (Orari), 7 prime bullocks at from £8 12s 6d to £lO 15s ; On account of Mr Andrew Grant (Temuka). 6 bullocks at from £6 7? 6d to £B. Donald Reid and Co. sold for Mr J. M. Greenaway (Bulmer, Bangitata), 12 prime bullocks at £lO to £ll 2s 6d, making the highest average of the day ; for Mr Andrew Grant (Temuka), 25 prime bullocks, at £8 15s to £lO 17a 6d. Pat Calves—Eight were penned, which brought from 7s to 255. Fat Sheep—ls 76 were penned, three parts .of which number were shorn ; 601 were merino wethers (fair to good useful quality), the balance crossbreds (good to prime). Every lot offered sold at an advance, prime quality being about 2s per head above last week’s rates. Best crossbred wethers, in the wool, brought 14s to 15s 3d; medium 11s to 13s 6d ; best do, shorn, 9s to lls 3d ; crossbred ewes, shorn, 7s to 10s 3d ; merino wethers, in the wool, 10s6d to 13s 6d ; dodo, shorn, 6s 3d.

Fat Lambs—433 were penned, all good to prime quality. Competition was a little more active and prices slightly in advance of last week’s, the range being 6s to lls.

Pigs—277 were penned, representing all qualities. Suckers brought 7s 6d to 8s 6d ; slips, 4s to 16s; porkers, 18s to 275; baconers, 30a to 47s ; 2 large-sized pigs to 64a. L. Maclean sold for Mr James McDonald (Washdyke), 32 at 23s 6d to 325.

Horses Messrs Wright, Stephenson and Co. quote first-class draughts at £22 to £26 ; medium, £l4 to £2O ; light draught and spring-cart horses suitable for teams, £l2 to £18; first-class hacks and light-harness horses, £ls to £2O ; medium £8 to £ll ; inferior £2 to £5.

AUCKLAND WOOL SALES. At Mr Backland’s annual wool sales prices were l£d per lb better all round. A representative of the North New Zealand Woollen Company purchased all the merino and fine crossbred wool purchasable. The Company are purchasing all wool suitable that can be obtained in the Northern markets.

AUSTRALIAN MARKETS. Melbourne, Nov. 17. Messrs Goldsborough and Co. held their usual weekly sale this afternoon. The attendance of buyers was large and competition brisk, though prices were barely maintained, especially for medium clips. Inferior to good greasy realised to lOd per lb ; superior greasy, 13d to 18d. The catalogue comprised 7500 bales, 5110 being sold, Goldsborough report having sold 6200 during the week’s sales. ENGLISH MARKETS. London, Nov. 17. Adelaide wheat, ex store, 86s ; Adelaide flour, 25s ; New Zealand wheat, from 29s to 355.. Australian beef tallow, 25s 6d ; mutton, 28s 6d.