COMMERCIAL.

Temuka Leader, Issue 1593, 11 June 1887, Page 3

COMMERCIAL.

DUNEDIN STOCK MARKET?

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

Fat Cattle week’* requirements, chiefly prime quality, the remainder fair to good. Bidding was somewhat alack, and prices hardly reached last week’s quotations, except for rery prime pens } consequently a number of lots were passed. Best bullocks brought from £7 to £Blo* t medium to good, £8 7s 6d to £8 10s | cows, £2 10s to £7 10. Wright, Stephenson and Co, sold for Mr Andrew Grant (Temuka), 6 bullocks at £6l2s 6d to £8 10s; for Mr P. H. MoSbane (Winchester), 6 bullocks at £6 7s 6d to £8 2s 6d ; for Mr M. Quinn (Temuka), 7 bullocks at £6l7s 6d to £7l7s 6d. Donald Beid and Co. sold lor Mr Andrew Grant (Temuka), 12 prime bulloeks at £8 to £8 17s 6d—averaging £8 10s; for Messrs M’Goverin and Hardy (The Hook, Waimate), 12 prime bullocks at £7 7s 6d to £Blss.

Fat Sheep—A very small supply came forward to-day, viz., 1593, consisting of 126 merino wethers, fair to good quality, the remainder being crossbreds, consisting chiefly ot good quality. Beet crossbred wethers brought from 8s 9d to 10s 8d j ordinary, 7s to 8i 6d j best do ewes, 7s 9d to 9» 9d j ordinary, 6s to 7s 6d j merino wethers, 4s to 6« 6d. Donald Beid and Co. sold lot Mr William Grant (Blloughton Grange), 62 prime half bred wethers at 10s. Fat Lambs—22o being penned to-day, this proved enough for bntehers’ requirements, at prices ranging from 6s 8d to 7s Bd. Pigs—Only 89 yarded—a very small supply; consequently bidding was firmer, and prices slightly m advance. Suekors brought 7s 6d ; ordinary, 18s to 24* j porkers, 20s to 295; baooners, 35a to 48*.

Horse Market— Stephenson and Co. quote first-class heavy draughts at fro m £2O to £35 j medium, £lO to £l6; first* class hacks and light-harness horses, £l6 to £2O; medium, £8 to £l2; light and inferior, £llos to £5. CHRISTCHURCH CORN EXCHANGE* The Corn Exchange reports for the week ending Friday evening, the 10th inst.

The season during the past month has been exceptionally favorable for farming operations, and from reports to hand from various districts the farmers have made good use of their time in so far as a much larger breadth of land is being pot into wheat, the early sown of which has oome on very fast, and is now looking healthy and vigorous. The grain markets are firm, but not particularly active, purchases only being made to execute orders on hand. Wheat—Prime milling has slightly hardened, and 3i 7d is now demanded for tnscan and pearl, while hunters commands from 8s 5d to 3i 6d; second quality and whole chicken wheat is saleable at from Bi 2d to 8s 4d, and broken wheat at from 2s9dtoßs. Oats—Oats have had a little mere life, and some fair-sized parcels have changed hands at Is 10*d to Is lid for heavy bright milling and is 9d to Is lOd for bright short feed. Long and inferior descriptions vary from Is 7d to Is Bd. Barley—But few samples are offering, and any prime malting lines are quickly taken up at 4s. Medium quality finds bnyera at 3s 4d to 3s 9d, and feed screenings 2s 2d to 2s sd. ... Beans and peas are without alteration in value. . . , Ryegrass—The market shows no sign of improvement, and prices last quoted are nominal. Cocksfoot has an occasional enquiry for small parcels at 3jd to Sid, but little business eventuates. Potatoes have oome still lower, and the average price is 22s fid at country stations, bnt for small orders 25s and 26i has to be given at country stations. Dairy Produce—Prime butter ia scarce, and 7d is readily given, but second quality and tainted is still offering plentifully at from 3d to sd. Oheess is dull at 4}d for loaf, and 3jd to 4d for large and medium sizes. The above quotations are for delivery, f.0.b., Lyttelton, sacks extra. ASHBURTON MARKETS. Mr E. G. Stavely (for New Zealani Loan and Mercantile Agency Company, Limited) reports on Ashburton sale, 7th inst. :

There were fair entries of stock, including about 6000 sheep, and a good attendance of farmers and dealers. There was an active demand for all young stock at decidedly enhanced values. Fat crossbred ewes made 5s 6d ; forward two and four-tooth mixed crossbreds, 6s 4d and 7s 9d ; mixed two-tooths, in forward condition, 7a 9d to 8s 7d ; two-tooth halfbred wethers, in fair condition, 7s 3d; medium crossbred lambs, 4s to 4s 5d ; full-mouthed merino ewes, Is fid to 2s 6d ; forward merino ewes, 4s ; two, four, and six-tooth mixed crossbreds, 6s 4d; two and four-tooth crossbred ewes, 6a lid; sixtooth ewes, 7s 4d ; mixed ages, crossbred ewes in lamb, 4s lid and 5s Id ; two tooth halfbred downs, 4s 7d. Fat cows and heifers, £3 15s to £5; forward steers, £4 *o £5 ss. The market was animated throughout, and a better tone prevailed than of late.

ENGLISH MARKETS.

London, June 5.

The third of the year’s series of colonial wool auctions commeaoed to-day before a good attendance of Home and foreign buyers. The opening catalogue comprised 10,000 bales, for which a fair demand was manifested. Prices for low quality merino wool and for fine crossbred ruled over lower than closing rates in the March-April series. Crossbreds sold to Id- lower than lasi series closing rates. The series will close on 21st July,

June 9.

New Zealand wheat, ex store, highest quality, is selling at 87s; Adelaide average quality, ex store, 87s. Australian tallow, average quality— Beef, 22s 6d ; mutton, 245. At the wool sale to-day 12,600 bales were offered. There was good competition, Scoured wools ruled from to Id lower than at the closing rates of last auctions,