COMMERCIAL.

Temuka Leader, Issue 1585, 21 May 1887, Page 3

COMMERCIAL.

OHRISTOHUROH STOCK MARKETS. At the Addington yards on Wednesday, large supplies of fat stock and fairly large entries of store stock were sent forward. The attendance of buyers and others was above the Bvrage. { Cattle —Fat: The supply of fat cattle | was the heaviest for some time past, ' principally but not wholly medium weights. The demand was moderately pood, but a good number of cattle were turned out unsold, and values also suffered a relapse. Steer* sold at from £4 12* 6d to £7 7s 61 per head ; heifers and fat from £3 15s io £6 10s, being from about 15s io 17s 6d per 1001 b, uncording to the quality, Store: In the store cattle market rather a better supply was yarded thin of late, the demand also showed a little more life. Two lines of two-year old steers sold at £3 10« per bead,, and a line of heifers at £2 6d ; farious lines of year'iogs also sold at from 188 to 20« per head. Dairy Cows : The dairy stock market w-b «g»in well suppliwd, and a good enquiry shown—firstrate cows ranging at f>om £6 to £8 15s per bead. Sheep—Fat: A heavy entry sent forward ; a vnry good lot on the whole. Late values were maintained. For an exceptionally prime pen of crossbred wothers as high as 15s 6d per h«ad whs paid. Other lines of prime wethers brought at from 10s Sd to 12s per head ; light weightH from 6s to 8s 31; crossbred ewes brought at from 6« 31 to 10s. Merino wethers were in pretty f«ir supply, values for the same ranging 6s 2d to 8s 9d; merino ewes, at from 3s 31 to 4s 6d. Primest mutton fetched up to 2d per lb, and from that figure down to ljd, according to the quality. Stores: A moderate number were yarded. Two lines of two-tooth crossbreds, mixed sexep, Bold at 5s p«*r head, and lines of lambs at 2s 2d and 4< 9d. figs—A large entry, for the most part bacoi.ers, met with a good demand, all lots selling at late rates, viz., 3d to 3£d for nice suitable weight?, heavy pigs going chenper. Vulues ranged at from 30s to 44s and up to 48* per head. Porkers sold at from 17s 6d to 265. Stores very dull of sale. DUNEDIN PRODUCE MARKETS. The following is the renort for the week ending Wednpsda? •- Wheat—Wheat meets with ready sale at late quotations, and is apparently firmer, although there is no definite improvement in value. The quantity coming forward is limited. Quotations are :—For best velvet and Tuscan, 3s lOd to 3a Jld ; for choice lots, 4s is asked ; good to best, 3s 8d to 3s 9J ; medium, 3s 4d to 3s 7d ; whole fowls* wheat, 2s 10 i to 3s 2i; broken 2s 3d to 2a 9d (ex store, bags weighed in). Oats—These are in fair request, several small parcels having changed hands during the week, but without any improvement in prices for fair average feed sorts which, are, if anything, easier. Quotations: F»r bright slout milling, Is to Is 8d; short bright feed, Is 6Jd to Is 7d ; medium, Is s£d to Is 6d ; discolored and inferior, Is id to Is 5d (ox storj, bags weighed in.) Barley—The market continues bare of good maltiog, and any good lots offering are freely taken up at late quotations. Milling is also in short supply and in good demand, but feed is very little inquired for. Quotations for bust malting are 4s to 4s 3d ; medium, 3s 6d to 3s 9d (bag* extra); feed and milling, 2< 61 to 3i 3d (bags weighed in). Ryegrass Seed—The market for this seed is extremely flat, A few small sales have been made during the last week or two to speculators at very low prices. Cocksfoot seed meets with little or- no inquiry, and quotations are nominal. Potatoes—The market is over-supplied, and with a email demand, sales are difficult to effect at from 35a to 40s per too (bags weighed in). Chaff—Best, £2 12s 6d to £2 16s ; in. ferior/and medium, £2 to £2 7s 61. Butter Prime lota 7jd per pcund ; fresh, in oases, quiet at 7sd to Bd. Eggs—2s per dozen, Sheepskins—On Monday, country dry skins, low to medium, brought 8d to 2s 7d ; do do merino, 7d to 2s 3d ; good to best crossbreds, 2* 8d to 4s 34 ; do do merino, 2s 5d to 4s Id ; dry pelts. 2d to 5d j butohers' green crossbreds, 2s 41 to S»{ do do merino, Is $d to 2s; lambr skios, 2s 2d to Ss Id. Hides—Quotations are as follow {—For bulla and inferior, l£l to 2d ; light, 2jd to 2§ 1 ; medium, 2JI to 3jd ; heavy (601 b and over and in faultless condition), 3f 1 to 4Jd per lb. fallow- This week's quotations are : For inferior and mixed, 10s to 13s; medium to good, 14s tolgs ; best mutton, 16s to 18s; rough fat, inferior 7 8 to B<*j medium to good Q* to 10s j best mutton, Us to 12s per owfc, DUNEDIN STOCK MARKETS. At the Burnside Yurds on Wednesday the following business was transacted '.— Fat Oat—2o7 head were yarded for the day's sales: mostly ordinary to medium, only a veiy U beini good quality. Best bullooki from £7 to £8 12s 0i \ two extra heavy-weights, £ll to £l3 j ordinary, £4 to £6 10s ; cowl, from £8 10s to £6 lOi. Wright, Stephenson, and Co. sold for Mr P. H. McShane (Winoheiter), 6 bullooki at from £8 to £8 12s 6d j for Mr M. Quinn (Temuksl, f heifers at £6 Si to £6. Donald Beid and Co. sold lo* Henri M'tyoyerin and Hardy (Hook, Waimate), 12 prime bullooks averaging £B. ..... ftb Sheep—24ol were penned, of which 400 werp merino, the balance orpnbred, repreienting all qualities, gripes realised, for prime mntton, weights considered, were lower than lait week's, while ordinary to good showed a slight advance. Beit orossbred wethers brought 7s 6d to 9t 6d; ordinary to good, 6» to 7s; beit do ewra, 6i to 8* 9d; others, 3» 6d to 5i 9d. Fat Lambi—464 were penned. The demand *aj only moderate. This «naR number wu quite lu&oient' for requirements, priees realised being from 3s to 7s 3d.

Pigs—l6o r'■ penned, comprising all Borts. The n iu.,i il w«» fnirly aotive for portcrp <ir.d b .non-'•»} »Im> for Horn pi' SucV.ii- fo:/{ht fr-n 4 61 'o 12 j ( ;b 8 6 i to 15 61} otbor store*, 17* to 21b j port c ib, 23s to29ij baconers, 30i to 408} a few heavy-weights to 60i. Wright, Htcphenion md Co. Bold n number for Mr D. MoOallum. Horses—Wright, Stephenson, atid Co, quote first-class voung heavy drought! (with trials) at from £2O to £25 ; medium, £lO to to £l6; first-dais hacks and light-harness honei, £ls to £2O; medium, £6 to £18; light and inferior, £lloi to £5. OHRIBTOHUROH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 20 th inst. : We have experienced a quiet week in the grain trade. Deliveriei from country itationi are very limited, and ihipments are not very brisk. The fine weather during the past fow days has allowed farmers to push on their wheat-sowing, the land generally being in ezoellent oondition. Potato diggers have also made good use of their time, but, owing to the extremely low prices ruling, the majority are arranging for pitting, in hopes of better prices later in the seaion. Wheat—Wheat hss a strong demand. Prime Tuican and pearl are firm at 3i 6i, and hunter's at 3s 6d, Second quality has had some enquiries, and sells readily at 3s 2d to 8i 4d. Whole chicken wheat is firm at 3s to 3s Id, and broken at 2s 9d to Is lid. Oats—A. slightly better feeling has been noticeable during the past few days, prime milling being in good demand at Is 9Jd to Is lOd. Short feed kave: ohanged hands at Is 9d, and the long and seoond qualities have been taken up in small lines at Is 7d to Is Bi. Barley—This market has been very aotive, and some large lines have ohanged hands at prices satisfactory to growers. We quote prime malting at Si lOd to 4i j medium, 3s 6d to 3s 8d; and feed lines (screenings), 2s 41 Peas and Beans—The former are slow of sale, but the latter are firm at 2s lid to3s Id, with but few lines offering. Grass Seed—No improvement can be noted, and prices last quoted are nominal. Cocksfoot has small outside orders at 8f d for heavy seed, Farmers' paroels sell at 3*d. Potatoes—There is no speculation, and prices are nominally 25s to 27s at country stations. Farmers, however, are generally unwilling to accept this prioe, and are consequently pitting, Dairy Produce—Butter hss rather a better demand, but prices (5d to 7d) are slow to improve. Cheese is quiet, plenty offering, but few sales taking plaoe. Loaf shape is worth sd; medium siiss, 4t). The above quotations are for delivery, f.0.b., Lyttelton, sacks extra. AUSTRALIAN MARKETS.

Mklbournr, May 17. The Mplbourne Manager of the National Mortgage and Agency Company, Limited, of New Zealand reports on the local grain market as follows : Wiipat, 4s tn 49 Id, quieter ; barley, 4s 6d to 5s 6d. New Zealand oats— Feed sorts, 2s 9<l to 2« Ud, good demand ; milling sorts, 2s lid to 5«, fair demand ; uniier bond, 2s to 2s 3d, Rti ady but not active. ENGLISH MARKETS. London, May 18. Adelaide wheat, off const, 38s ; Adelaide flour, 255. New Zealand wheat, from 33s 6d to 37s 6d. Australian beef tallow, 225; mutton, 235. The New Zealand Loan and Mercantile Agency Company (Limited) have received the following cablegram from London, dated 17th May 18»7 : Wheat—Market is firmer. New Zealand average is worth 86s per 4961b5. Quotation for New Zealand wheat, new crop, f a.q., c.i.f., to arrive, is nominally 34s per 4doibs ; New Zealand wheat, f.a.q., is worth, c.i.f. off coast, 35s per 480ib», Tallow—Market is quiet. Good mutton and beef are worth respectively 21s 6d and 20s 6d per owfc.