COMMERCIAL.

Temuka Leader, Issue 1632, 10 September 1887, Page 4

COMMERCIAL.

ASHBURTON MARKETS. Mr E. G. Staveley (for New Zealand Loan and Mercantile Agency Company, Limited) reports on Tinwald Live Stock Market on 6th Sept,, 1887 : There were modera'o entries of stock, including about 4000 sheep, and a good attendance. The sale was quiet throughout, values being rattier weaker, though most of the sheep penned were young crossbreds. Medium fat crossbred ewes made 6s 6d ; fat mixed crossbreds, 8s 9d to 10s lOd ; forward 2-tooth halfbred wethers, 10s to 10a 3d ; mixed 2-looth crossbreds, 7a 2d to 8s; crossbred hoggets, 5a 6d, 6a 2d, land 7s; mixed crossbreds, in low condition, 4s 6d, Several lines of sheep were withdrawn. CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 9th inst. : Excellent reports are to hand from the country districts as to the outlooks of the young crops. Wheat is looking healthy and vigorous, and tho land is in splendid order for both barley and oat sewing. Shipments have been larger during the past week, especially as regards oats, and prices are well maintained. Wheat—Little business bas been transacted, but holders are firm in their demands, and where lines arewantel for immediate use our quotations have to be given. Millers’ stocks are getting low, and will require replenishing at no distant date, but stocks, both in Lyttelton and at country stores, are far away in excess of local requirements. We qeota pearl and tuscan at 3s 6d, and hunters at 3s 5d ; chicken wheat is in a small compass, and commands attention at 3s Id to 3s 2d for whole wheat, and 2s 8d to 2s 10d for broken and inferior lines.

Oats—Several large parcels have been taken up during the week at quotations, and there is a disposition to continue operations at Is lOd for prime heavy feed and la 9d for sparrowbilla and inferior Canadians, while danish and tartars are quiet at Is 7d to Is Bd, Barley—No prime malting offering ; second quality varies from 3s 3d to 3a 9d, and feed from 2s 2d to 2s 4d. Blenheim seed of good quality is being placed at 5a in small lots,

Beans are wanted at 3s 2d to 3s 3d,; and Prussian blue peas are dull at 3s 3d feed sorts are wanted at 2s 8d to 2s 9d,

Ryegrass -Orders are slowly coming to hand, but it will be impossible to quit the whole of our stocks for spring sewing. Tho market is weak at 3s 3d to 3s 6d for machine-dressed; farmers’ parcels are hard to sell at la 9d to 2a 9d.

Cocksfoot is moving off s'owly at 4Jd to 4|d. Dairy Produce—With the exception of prime newly-potted batter no business is being transacted. The above quotations are for delivery f.0,b. ( Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wednesday, there was again a large number of stock sent forward.

Eat Oattlo—A fairly numerous entry, quality principally good, and mainly steers. Last week’s slight rise was not upheld, except for exceptionally good quality. They fetched from £lO 5s to £H2s6d per head. Other lines of bullets sold at from £5 15s to £8 5s ; heifers at £3 15a to £6 17s Gd, being at from 17s to 18a 6d per lOOibs, and up to 21s for extra superior. A number of veal calves were sold at 83s per bead. Store Cattle—Three-year-old steers sold at from £4 5s to £5, according to condition and sorts; two to two-and-a-half-year-olds, £3 to £3 10s ; yearlings, 18s to 21s.

Dairy Cattle—Cows on the point of calving ranged at from £5 to £6 10a. Sheep—The supply of fat sheep showed a little falling off in point of numbers compared with recent markets. The sa'e was a dragging one, and closed very weak, Crossbred wethers sold at from 14s 6d to 16a 6d per head; wethers and maid«n ewes, mixed, 11s to 14s; ewes, 9s 6d to 13s; merino wethers, from 8s to 12s 9d and 14s per head, being from l|d to 2|d per lb, according to quality.—the Loan and Mercantile Company sold for Mr A. M. Clark, 180 crossbreds at lls 9d to 14s 9d.—Messrs Miles and Co. sold for Mr H. Bristol, 56 crossbreds at 15s 9d ; for the Waimate Estate, 60 halfbred wethers at 14a. —Mr F. 0. Tabart sold for Messrs Friedlander Bros., 224 crossbred wethers at 14a 3d to 14s 9d ; for the Levels Estate, 112 ewes at lls to 12a.

Fat Lambs—A few were yarded, the best lots selling very well, from lls to 14s; second i ate sorts, 7s to 8s 6d. Store Sheep—A moderate entry and a dull demand ; late values not upheld. Mixed crossbreds sold at 6a 6d and 7s 3d per head, ewes with lambs, 6s and 7s 6d ; crossbred vethers, from 7« 6d to 9s; and a lice of 2-tooths at 6s 6d,

Pigs—A good entry and capital demand. Eaconera sold at from 30a to 4,0 a; porkers from 16s to 28a per ! ead ; stores from 6a to 15a.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday Grain—There has been very little inquiry from millers during the past week, and business resulting has been unimportant. Quotations are—For prime milling red straw nnd tuscm, 4a Id to 4s 2d ; best velvet, 3a 101 to 4a ; medium to good, 3a 81 to 3s 9d ; inferior and fowls’ wheat, 3s to 3< 3). O its —During the week a considerable quantity has been shipped, and stocks in store are no» much lighter. Prime milling fetches 1a 8 i tola feed, Is 7A'l to 1h 8 t ; oidmaiy, Is 61 to Is 7'l; inferior, la 4 t to Is sd. Barley-— I There continues a fair demand for good malting lots np to 4s (bags extra) ; milling, 3< 3) to 3s 6t; feed, quiet at 2s 6d to 5s 9d. Chaff— B at oaten sheaf is sdeab’e at £2 15s ; medium, £2 5s to £2 10s. Potatoes —Sales me voiy slow at 30s for Southern, and 35s to 37- 6 ' for Northern derwents. Kidneys for seed would sell at £3 10s, but would require to come in at once. Giass Seed —Ryegrass, 2s 6d to 3s for farmers’ lots, and 4s for machine-dressed ; cocksfoot, 4|d to 3| I per lb. Turnips— 14s to iss. Carrots— 20s to 255.

Butter—Prime salt, 5d to 6d ; inferior and medium, 3d to 4d ; fresh in mixed cases plentiful at 6d. Eggs- 7£d per dozen. Sheepskins—Country dry crossbred skins brought 10d to 3s Id for medium, and 3s 4d to 4s 6d for best; dry merinos, 9d to 2s 6d for medium, and 2s 8d to 4s 4d for best; dry pelts, l|d to 7d ; butchers’ green crossbreds, 3s 8d to 5s Id ; do do merinos, 2s 8d to 4s 2d. Hides—Consignments are moving off slowly at slightly reduced rates. Inferior and bulls’, l|d to 2d ; light, 2£d to 2£d ; medium, 2|d to S£d ; heavy, to 3|d. Tallow—lnferior and mixed, 10s to 13s; medium to good, 14s to 16a; beat mu ton, 17s to 18s ; rough fat: inferior, 4h to 7« ; medium to good, 7s 6d to 9s 6d ; best caul, 10* to lls 6d per cwt.

DUNEDIN STOCK MARKETS. At the Burnisde Yards on Wednesday the following business was transacted : Fat Cattle—l 37 head were yarded. No advance took place in prices. Best bullocks brought £7 to £8 17a 6d ; a few pens extra prime, £9 to £9 10a ; ordinary and inferior, £5 to £6 17s 6d ; cowm, £3 to £7 12s 6i. — Feid, Maclean, and Co. sold for Mr F. Simmons (Makikihi), 4 prime bullocks from £7 12a 6d to £9 10a, and 1 cotv at £8 10a. Fat Sheep—4s67 were offered, of which about 900 were merinos, the bala' ee crossbreds, representing all qualities. Prime wethers, suitable for freezing, were fairly well competed for, prices obtained ruling about equal to last week’s values, but light weights and ordinary quality were not in such brisk demand, values suffering a decline of fully Is per head. Best crossbred wethers brought 12s 9d to 15s 3d; medium, 7b 6d to 12s; best do ewes, 9s to 10s 9d • ordinary, 7s to 8« 6d ; merinos, 5s 3d (o 7e 6d.—Reid, Maclean, and Co. sold for the executors of the late Mr M. Studholme (Waimate estate), 60 prime halfbred wethers at 12s 9d. Wright, Stephenson and Co. sold for Mr Andrew Grant. (Temuka), 56 crossbred wethers at lls 3d to 14s Pigs—Competition was brisk, and a further advance in prices was noticeable. Suckers brought 5s 6d to 9s 6d; stores, 13s to 19a; porkers, 22s to 80s; baconers, 31s to 46s ; heavy weight do, up to 725. AUSTRALIAN MARKETS. Melbourne, Sept. 7. The Melbourne Manager of the National Mortgage and Agency Company, Limited, of New Zealand reports on the local grain market as follows : Shipping wheat, 3s 9d to 3* 10) ; prices favor buyers, Malting barley shows no improvement at 5s to 6*. New Zealand oats, feeding sorts, are quieter at 2s 30d to 2b lid; milling sorts show no material change,"but, if anything, are weaker, at 2s lid’ to 3s; under bond, 2s Id to 2s 2d. ENGLISH MARKETS. London, Sept. 6. The fourth series of colonial wool sales for the current year commenced to-day before a good attendance of Homo and foreign buyers. The catalogufl for the day comprised 8300 bales, for which there was a fair competition. Prices ruled about the same as the closiug rates of last sales. The series will close on the Bth October. The total quantity available for the present auctions amounts to 287,000 bales. Sept. 7. At to-day’s auction 11,700 bales were offered, and a quiet tone prevailed. Prices realised for crossbreds were firm, but faulty scoured and lambs’ wools showed a downward tendency.