COMMERCIAL.

Temuka Leader, Issue 1518, 27 November 1886, Page 3

COMMERCIAL.

AUCTIONEER’S REPORT,

FEMUKA. Mr K, F. Gray reports holding a sale of live and dead stock, etc., at Temuka yesterday. Tne attendance was good, and biddings were' somewhat spirited. A fair amount of business was done. He makes the following quotations: —. Fat shorn dry crossbred ewes, 6s; merino ewes with lambs, 4s 6d to ss. Store Cattle Calves, 15s to 255, Good milk cows, £4 to £6 6b. Fat Cal lie—Withdrawn, owing to bids not reaching owners’ reserves. He quotes best quality beef at 25s per lOOlbs. The special entry of horses, dray, harnefs, etc., realised fair values, CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 26ih inst.; — There has been a fair amount of business trans ■ ted in the wheat and oat markets, 1 other produce has been almost eiit-ely neglected, many lines being oat of season. Wheat has had a brisk enquiry, and late quotations are firmly maintained. Pearl Is most scarce at 4s 6d to 4s 7d, while Tuscan and Hunter’s command 4a 5d to 4s 6d. Second quality has not participated in any advance that has taken place, and does not fetch more than 4s 2d to 4s 3d. Chicken wheat markei continues bare at 3s 8d to 3s | Oats still continue on the decline, and j to effect sales substantial concessions have to be made on the part of sellers. Few orders are coming to hand for shipping parcels. The southern markets are commencing to cut in order to reduce their heavy stocks. Milling, although lightly held, are not brisk, at 2s !ld to 2s 2d. Short feed are very quiet at Is lid to 2s, and Danish and Tartars are almost unsaleable, sales having been made as low as ! lsßd. Barley has but little business to record. Malting is, nominally, 2s 8d to 2s lid ; feed, 2s 2d to 2a 4d. Beans and peas have no business passing. Grass Seeds—The season being over, no reliable quotations can be given. Potatoes—Stocks are gradually getting less, but the lacal requirements are now so very small that there are large quantities sure to go to waste, as the outside market allow no margin whatever. Sales locally are being made at 15s to 20a at country stations. Dairy produce—This market is very dull, and to effect sales butter has to be completely sacrificed. Cheese, however, has a fair enquiry at 4Jd to 6d, according to size and quality.

CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday, fairly large entries of stock were yarded. The attendance of buyers was about an average one. The supply of fat ceftle consisted principally of steers and heifers from the North Island, not more than a third of the entry being locally owned. The demand was not very keen, the quiet tnimals of our own produce fetching iigher prices according to weight thm tae sea-borne cattle. Stears sold at from 28 5s to £8 10s ; heifers from £5 to £7 DjJl 6d, being from 20a to 23s per lOOlbs, moderate number of store cattle «rded, demand was pretty middling, Irith little or no alteration in late reported ralues; three-year-old steers sold at £4 LOs per head ; some two-year-olds at £3 ; iwo-year-old heifers sold at from £2 to (22 Us; yearling from 20s to 275. Fat . Sheep—A fairly good entry of all qualities, demand not very keen. Values fuling very low. Heavy crossbred wethers sold at 10s 3d, lls 3d, 12s 6d, ind a few very exceptional weights at 17s 3d ; medium weight wethers, 7s to j)s ; crossbred ewes, from 5a to 9s; merino wethers, in the wool, 12s 9d ; do* morn, from 5s to 6s 3d, being an average iff about l£d per lb. Store Sheep -A (fairly numerous entry, demand not very ictive. Shorn hoggets, low, at from 3s io 4s 3d ; a' few other lines of aged sheep it late rates. A moderate entry of fat lambs sold pretty well, values ranging trom 6s to 9s 9d. A small entry of pigs net with a better market than of late.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday ? Wheat—The demand is quiet at present, millers not being inclined to make ! large purchases at prices ruling. Fowl I wheat is more plentiful, and prices are I slightly easier. Best milling is worth 5s / to 5s Id ; good to prime, 4s 8d to 4s lid; ■ medium, 4s 3d to 4a 7d ; fowl wheat, 3s 'Bd to 4s Id, Oats—The demand continues dull, and it is almost impossible to effect sales of any consequence, as shipper* cannot be induced to buy unless a considerable conv cession on late values is made. A few • * sales have been made during the past • week at following quotations Heavy v bright milling, Is 9d to Is lOd ; short t Stout feed, Is 7|d to Is 8d ; inferior and ‘; medium, Is 4d to la 7d. Barley—There are inquiries being made occasionally for feed and milling, but malting samples are not in demand. Quotations are—lor best malting, 2a lOd to 3i ;‘feed and milling, 2s 6d to 2s Bd. Sheepskins The sales were well attended on Monday, and competition was good, prices realised being fully equal to late values. Country crossbreds skins brought from lOd to 5s 3d; do merino, 9d to 5a Id ; pelts, Id to 7d ; butchers’ green crossbreds, 4s 6d to 6s id ; do merinos, 4s 4d to 5s 4d ; pelts, 6d to 8d ; lambskins, 9d to Is 3d. Hides— The demand is unaltered, and . late quotations hold good. Tallow— Quotations are: Inferior and mixed, Us to 14s ; medium, 15s to 17s ; prime mutton, 17s 6d to 19a ; rough fat, 6s to 7s; medium, 7s 6d to 10s; best ■ mutton, 11s to 12s per cwt.

DUNEDIN STOCK MAEKBTS. At the Burnside Yards on Tuesday the following business was transacted : , , , , Fat Cattle-One hundred and fifty- • eight head were offered, a fair proportion being from good to prime quality, the balance medium to fair. Competition * was not very brisk, and prices all round f show a slight decline on lata value. Bast

bullocks brought £8 15s to £11; light and medium, £5 to £8 ; cows, £3 15s to £lO. L. Maclean sold drafts from Messrs M’Goverin and Hardie (The Hook, Waimate) and others at—for bullocks, £6 to £9; cows, up to £7 ss. Donald Reid and Co. sold for Mr J, M. Greenaway (Bulmer, Rangitata), 13 nice quality bullocks at £9 5s to £10; for Messrs M’Goverin and Hardie (Waimate), 6 prime bullocks at £9 2s 6d to £lO 10s, and 1 cow at £9 ss. Wright, Stephenson and Co. sold for Messas M’Goverin and Hardie (Waimate), 6 bullocks at from £6 5s to £9 5s ; for Mr Grigg (Longbeaoh Estate), 1 very prime six-year-old px at £l7 10s. Fat Sheep—l9lo were penned, and nearly all shorn. About 600 of these were merinos (average quality), the balance crossbreds, ranging from medium and inferior to prime. Taking the mar* ket all round, prices were about Is per head lower than last week. Best crossbreds (in wool); brought 12s to 17s; others, 9s 3d to 11s 6d ; do (shorn), 5s to 13s. Merinos (in wool), 9s 6d to 6d ; do (shorn), 4s 6d to 7s 3d, Wright, Stephenson and Co. sold for Messrs Cameron and Bathgate (Waimate), 22 very prime halfbred wethers (in wool) at from 16a 6d to 17s ; for Messrs E. Price and Son (Waimate), 131 halfbred wethers (shorn) at 6s. Fat Lambs—The market was overstocked to-day, 749 being penned. Competition was dull, and prices realised were not on a level with with those current last week. All, however, sold at prices ranging from 4a to 10s 9d. Pigs—Only 16 penned, and sold at up to 28s for small porkers and 10s 6d for suckers.

Horses—Messrs Wright, Stephenson and Co. report: First-class heavy draught, £22 to £26; medium, £l4 to £2O; light draughts and spring-cart horses, £l2 to £l6 ; first-class hacks and light-harness horses, £ls to £2O; medium, £7 to £lO ; inferior and aged, £1 10s to £5.

AUCKLAND WOOL SALE. At Messrs Hunter’s and Nolan’s wool sale on Thursday, their first this season, there was »n advance of a halfpenny per lb on the prices at Buck land’s sale last week.

AUSTRALIAN MARKETS.

Melbourne, Nov. 24. Messrs Goldabrongh and Co. held their weekly sale this afternoon. Their rooms were crowded with buyers. 5000 bales were offered, and 8500 so'd, Bidding was spirited throughout. For good wools prices were firm, Greasy wools realised up to Ilf d ; scoured and washed wools to Messrs Goldsbrougb and Co. report having sold during the week 5500 bales. The Melbourne Manager of the National Mortgage and Agency Company, Limited, of New Zealand reports on the local grain market as follows Wheat, weak, 4s lOd to 4s lid ; barley, slow of sale, 8s 9d to 4s 3d. Oats—Feed sorts, irregular, 2s 9d to 2s lid ; milling, quieter and weaker, Ss to Ss Id ; under bond, neglected, 2s 2d to 2s 4d. Nov. 25.

The New Zealand Loan and Mercantile Agency Company held their usual weekly sale this afternoon. They offered an important catalogue, comprising 4800 bales. The attendance of buyers was large, and competition brisk. The market shows an improvement on last week. Very full values were obtained. Greasy wool sold np to 18£d ; scoured, which was in good demand, realised The washed fleece of the western district clip was a feature of the sale, and fetched 16|d.

ENGLISH M ARJTETS. . London, Not. 23. The wool cargoes by the following vessels have been excluded from the approaching sales >B*o Martin, Australia, Tagliaferro, and Alraora. On# hundred and twenty thousand bales are available for the sales.