COMMERCIAL.

Temuka Leader, Issue 1560, 26 March 1887, Page 4

COMMERCIAL.

TEMUKA MONTHLY SALE. Messrs J. Muodell and Co. report:— At the Temuka Yards on Friday a large entry of store cattle came to hand, and good values were obtained for all citile sold. Forward store steers sold at £3l2s 6d. Yearlings and springers were withdrawn at, prices considerably in advance of those lately ruling. CHRISTCHURCH CORN EXCHANGE The Corn Exchange reports for the week ending Friday evening, the 251 h inst. : A large business in the grain market has been covered during the week 5 and we are pleased to note that the later threshed parcels are coming to hand in much better condition. Tuscan wheat and short heavy oats are being shipped largely to Loudon; winter wheats are chiefly stored and taken for Interprovincial orders. Several lines of barley have been taken for shipment to Australia.

Wheat—All lines forward in shipping condition are quickly taken up at quota, tious. Tuscan is most sought after and consequently commands from Id to l£d above the winter sorts. Prime, plump pearl is also readily placed for shipment. Tuscan we quote at 3s 4£d to3ssd ; pearl, 3s 4d ; hunter’s white,*3s 3d to 3s id ; second quality, 3s to 3s 2d, is not so saleable as the higher classes. Chicken wheat is scarce; holders are hanging back, and in the meantime buyers are having to give the extreme prices of 2s 9d to 2s lid.

Oats—This market has been considerably relieved by sales being made for shipment to Loudon, but although sellers have got the extreme value the rejections on account of con'diTion have been very heavy, Rrlght heavy feed has been sold during the week at 1s 101, but we fear that this price can hardly, be maintained. Long and inferior, descriptions are selling at Is 7d to la Bd.

i Barley—Masters are becoming more ■anxious to do business, the Blenheim prices preventing business being done in that direction. Prime malting is worth 3s 3d to 3s 61 ; second quality, 2s 9 1 to 3a ; and feed is scarce at 2* 3d to Is 4d. ; Ryegrass The market is without quotable chunge.

Cocksfoot Several large sales have taken place at B£i« for good heavy seed, while an extra heavy parcels would command 3|d. Beaas and Peas—The market is quiet at last quotations.

Dairy Produce— The inquiry for butter is limited at 6d to 6d for prime makes. Cheese bus an ordinary inquiry at 4d to s|d.. The above prices are those paid to farmers, and delivered f.o.b. at Lyttelton, sucks extra. CHRISTCHURCH STOCK MARKS IS. At the Addington yards on Wednesday, very heavy entries of sheep, and fairly good entries of cuttle were yarded for the day’s supply. The number of pigs showed a great falling off from the last few markets. Pat Cattle. A moderate supply, principally medium weight and quality. Steers sold at from £5 to £6 10s ; heifers and fat cows, from £3lsa to £6 6m, being from 16s to 18s por lOOlbs as per quality.

Store Cattle A moderate number yarded. 'Mostly odd lots. A small line of heifers sold at £2 10s, and steers about the same age at £2 12a 6rl. ])ty cows sold at from £2 2< 6d up to £3los. The dairy stock market was again well supplied, some very good cows being on offer The demand was good— recent calvers selling at from £7 10s to £9 10s for very good sorts, and as much as £l3 wa's asked but not given for one very promising looking milker. Medium animals sold at from £3 15s to £5 10s.

Fat Sheep—A very heavy entry of all descriptions yarded. Good clearance made. Crossbred wethers, priraest, from 8s 6d to 9s 9d ; lighter weights, 7s to 8s 3d ; ewes from 5a to 6s 6d. Store Sheep—A very heavy entry, principally crossbred ewes, a large proportion being taken for boiling down, at prices ranging from 2s to 4a per head. Young merino ewes sold from 3s 5d to ss, a fairly good inquiiy being manifested. Fat Lambs; —A large supply and a slack demand, values receding, Primest, 4s to 4s 6d ; medium, Sa to 3s 6d, a good number being withdrawn. Pigs—A small entry. Good demand

for strong stores and porkers ; small sorts The former ranged at from 16s to 30s per head, the latter 3s to 6s.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Tuesday : Wheat—This cereal is now arriving daily in fair quantity, and as regards quality is decidedly greatly superior to arrivals at this time last year. Buyers have operated pretty freely, nearly all on offer having been taken up at prices well up to those quoted last week, although a forced line or two has been sold fora trifle less. Preference by millers is given to tuscan and red straw. Quotations ; Milling lines, all sorts 3s 8d to 3a 9d, and for an extra choice line Id more ; medium, 3s 7d to3s7|d ; fowls’ wheat, 8s to 3s 4d. Quts —The brisk demand and short supply COted last week has suddenly changed. Large supplies are coming in daily. Shippers appear holding off in the hope that values, will come down. Quotations to»day 5 Beat milling, Is §d, an occasional line of really superior to Is 9d.; fine colored heavy feed, Is 7d to Is 7|d ; inforir r feed, Is 6d. B iriey—There is a brisker inquiry for all grades of barley. Milling and feed mav be quoted at 2s 6d to 2s .10d, and prime malting at 3s to 3s 3d, Potatoes —Prices are firmer. Prime DerwentP, £2 to £2 10s, bags weighed in. Kidneys have met a fair sale at 45s per too. Ryegrass Seed—A few lines have been sold for export at —for double-dressed (machine), 3s 3d to 3s 6d ; farmers’ dressed, 2s 4d to 3s per bushel of 201 ba, bags extra. Chuff —Oaten sheaf chaff at 50s to 60s ; medium and inferior, 47s 61 to 50s per ton, bags extra. Butter—New season’s salt of good quality, 7'l to kegs extra. Eggs—Fair demand at la 4d per dozen. Sheepskins—Ou Monday, green crossbreds sold at la 6d to 2s 8d ; green

merinos, lOd to Is 94 ; green lambs, Is 9d to 2s lid; dry crossbreds, Is Id to 4s 3d ; dry merinos, 8d to 4s Id ; dry lambs, Is to 3s Id. Hides—A preference is shown for clean, we'l cured, heavy ox-hides over 65lbs; for these 4jd is obtainable. Mixed parcels range from 3d to 4d, according to weight and general condition. Slippy and inferior, 2d to 2fd per lb. Freeh green hides range from 12s 6d to 21a 6d each. Tallow.—Prime mutton, hard and pure, £lB to £2l ; mixed and medium, £l4 to £ls 10s ; inferior, £ll to £l3 10s ; rough fat (mutton), 10a to 12s ; mixed, 8s to 9s ; inferior, 6s 6d to 7s 6d per cwt.

DUNEDIN STOCK MARKETS. At the Burnside Yards on Tuesday the following business was transacted : Fat Cattle—J4l yarded, mostly fair to prime quality, but light weights. There was very little demand, prices again ruling very low. Bullocks sold at £4 to £8 ; cows, £3 5s to £7.—L. Maclean sold for the executors of the late Mr M. Studholme (Wairaate Estate), 6 prime heavy weight bullocks from £8 to £8 17s 6d (top price). Fat Sheep—l76B were penned, 470 merino wethers; the rest crossbreds, about half wethers. Prices were unaltered. Crossbied wethers sold at 6s to 8s 3d ; crossbred ewes, 6s to 7s 9d; merino wethers, 2s to 4s 6d.—L. Maclean sold |for the executors of the lute Mr M. Studholme (Waimate Estate), 70 crossbred ewi'B at 6s and 88 merinos at 2s 9d ; for Mr A. Carter (Makikihi), a pen of crossbred ewes at 6s.

Fat Lambs—6ol were penned, mostly medium quality. There was a slight improvement in prices. Best sold at 5s 6d to 7s 3d ; others, 4s 6d to 5s 3d. —L. Maclean sold for Mr Andrew Carter j[Makikihi), 55 at ss. Pigs—J he pons were well filled with 292, representing all qualities. Baconers Bold at 38s to 55s ; porkers, 22s to 275; stores, 9s to 215.--L. Maclean sold for Messrs Bourn and M.MDonald (Washdyke), 27 at 19s to 51s.

Horse Report—Wright, Stephenson and Co. quote first-class heavy draughts at from £lB to £22 ; medium, £lO to £l6 ; first-class hacks and light harness horses, £lB to £25 ; medium, £8 to £l4 ; light and weedy, £llos to £5.

AUSTRALIAN MARKETS. Melbourne, March 23. The Melbourne Manager of the National Mortgage and Agency Company, Limited, of New Zealand reports on the local grain market as follows : ; Wheat, 3s lOd to 3s lid per bushel, quieter, weaker; bailey, 4s to 6s per bushel, with an active demand for nil deceptions ; oats (feed sorts) are at 2s 81 to 2s lid, weak ; oats (milling sorts), 2s lid to 3s per bushel, void of competition ; New Zealand oats, under bond, 2s Id to 2s 2d per bushel. ENGLISH MARKETS. London, March 20. The second of the series of Colonia wool auctions opened to-day before a large attendance of Home and Foreign buyers. The catalogue comprised 9100 bales, for which bidding proceeded with fair spirit, but without quotable change. Prices for greasy merino were barely maintained, while the last sales’ closing rates were firmly maintained for crossbreds. The total quantity to be offered the present series, which close on the 27th April, is limited by the Importers’ Committee to 275,000 bales.

The New Zealand Loan and Mercantile Agency Company (Limited) have received the following cablegram from London, dated 22ud March, 18a7 :

Wool—The sales opened fairly well. The market is slightly weaker for merino, but for crossbred firmer, The attendance of both Home and foreign buyers is good. The opening catalogue ' contained 9000 bales. Up to date 200,000 bales have arrived. List was open until the quantity reported reached 275,000 bales. 50,000 bales have been sent to the manufacturing districts direct. Wheat—Market continues drooping. Adelaide wheat (new) is worth 36s fid ; Victorian wheat, 375; New Zealand average, 35s 3d ; and New Zealand longberried, 36s fid per 4961 b. Victorian wheat, to arrive per iron ship, is worth, c.i.f,, 35s per 4801 b, March bill of lading. Tallow—Market flat. The prospects of the market are unfavorable. Town melted is cheap. Good mutton and good beef are worth respectively 25a and 23s per cwt.

Oats—New Zealand (ordinary) market depressed. Stocks of all sorts aria in excess of trade requirements.

The following private telegram from Melbourne was received in Christchurch on Wednesday ;—*‘Barley—The demand is strong. We have made sales up to five shil'ings. ”