COMMERCIAL.

Temuka Leader, Issue 1644, 8 October 1887, Page 3

COMMERCIAL.

CHRISTOHEROH CORN EXCHANGE Tb# Corn Exchange reports for the week ending Friday evening, the 7th inst. : There are bat few changes to note in the grain markets. Outside orders are scarce, and the London prices leave no nut gin for shippers ;at the same time holders are firm in their demands. Duriog the week considerable business has been done in potatoes, owing to Tasmanian vessels being quarantined on account of the smallpox scare. Wheat—Little business is being transacted, owing to the absence of outside orders and local millers holding aloof, anticipating lower prices. Holders are firm at 3 1 41 for hunters, and 3s 5d to 3s 61 for tuscan and pearl. Small lines of chicb n wheat, both whole and broken, are quickly taken for local purposes at Hat week’s quotations.

Oats—Small orders continue to arrive, but generally the market is fl >t, although stocks are gradually becoming less. We quote heavy milling Is lid, sod short feed 1» 9d to Is lOd ; dasish and tartars at la 7<l to Is Bd. Barley— This trade is chiefly confined to seed parcels, which are moving off at 4s to fa, according to quality.

Bhmir :ire slightly weaker, and may now be purchased at 3s to Sb 2d. Peas are dull and hard to quit at over 3s for blues, l Rye Grass—Only small parcels are being placed at 3s to 3s 3d for machinedrossod lines; no demand for farmers' lots, Potatoes—A brisk demand opened at the beginning of the week, and considerable quantities were placed at Bs, and have steadily increased until now, when 12s is readily given at country stations within (he twelve miles’ radius. Dairy Produce— No market. Old stocks are almost unsaleable. Fresh potted batter quiet at 6d ; cheese has no demand. The above quotations are for delivery f.0.b., Lyttelton.

CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday, fairly large entries of stock yarded, and a moderate attendance of buyers. F«c Cattle—Hardly an average entry in point of numbers ; quality good, in some cases excellent. Fair demand shown, «nd late values quite maintained. Bullocks sold at from £6 to £ll 5s ; heifers at from £4 6s to as high as £8 15s and £9 12s 6d, bemg at from 20s to 21a for primest quality and from 17s to 18s for lower class b< ef. ■ In store and dairy cattle very little business was done. Fat Sheep—The demand was fairly active, and in the face of the short supply, prices advanced from Is to Is 6d per head. Prime crossbred wethers sold at from 14* to 18*, and as high ns 20a per head ; lighter weights, 10» to 11s 9d; ewes, 9s 31 to 13 J , being at from 2d to 2|d per lb, as per quality —Messrs Bennetts Bros, sold for Mr J. G. Ruddenklnu, 40 crossbreds at 12s 9d, 20 at Us 4d, 40 at 11s 6d, and 20 at Hr 3d. Store Sheep—A line of 164 crossbred hoggets fetched 7s 6d ; a line of very superior Lincoln hoggets 8s 9d; a line of crossbred ewes Bs. Fat Lambs—Primeat lots sold at from 8s 9d to 12s 6.1 ; inferior, 7s to 7a 6d per head.

Pigs Some very good lines were yarded, demand keen, and late values quite or more than maintained. Heavy weights sold up to £2 17a fid per head ; porkers, 18a to 30a; stores, 10s fid to 17a.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—This market is almost at a standstill; business all through the past week has been on a very limited scale. Millers are workina up their old stocks, and salea are difficult to eff-ct at any price. The following quotations are nominalßeat milling, 3s 9d to 3a lOd ; medium, 3s fid to 3a 8d ; inferior, 3a to 3s 5d (ex store, bags weighed in). Oats—The demand has not been quite so active during the pant week. Prime milling, la Sid to la 9d ; short bright feed, Is 8d to la B|d ; medium, la 7£d to la 8d ; inferior, la s't to Is 7d ; damsh and long tartarians are s'ow of sale, especially the former, at Is 6|d to Is 7d. The latter, if fit for seed, sell in small lots at Is 9d lo 2s (ex store, bags weighed in). Barley—' here is still some inquiry for choice malting, but there is none in the market. Medium is not much wanted, except for milliog. Feed is occasionally asked for, but not to any extent. Quotations are—For beat malting, 4s 3d to 4s fid ; milling, 3a 8d to 4s; feed, 3s to 3s fid (ex store) Ryegrass Seed—Market very quiet. We quote old pasture, machine dressed, 3* to 3s fid ; undressed, la fid to 2a 3d (sscks extra), but do buyers. Cocksfoot is in ample supply with only a moderate demand at from 4d to 4jd for medium, and 4jd to 5d per lb for best. Chuff—£2 15s to £2 17s fid for best oaten sheaf; inferior and medium, 35s to 455.

Potatoes—Best northerns, 35s ; southerns, 3(K Stocks excessive. Batter—Salt, du'l of sale at 3d to 5d ; fresh, in mixed cases, 6d. Eggs—Bd per doz.

Sheepskins— At the regular weekly sales on Monday country dry crossbreds low to medium, brought Is to 3s; good to best, 3s 31 to 5-* 5d ; do do merinos, low to medium, 10a to 2s 2d ; good to best, 2a 3d to 4s 2d ; dry pelts, 3d to 7d ; butchers' green crossbreds, 3s lOd to 5a 2d ; do do merino, 3a fid to 3a 10.1; lambskins, 5d to 7d.

Hides—We' quote inferior and bulls, I£d to 2d ; light, 2f* to ; medium, 2|i t<> 3£d ; heavy, 3|i to per lb. Tallow—Kor inferior end mixed, 10a to 12*; medium to good, 13* to 15s; best mutton, 17s to 18* (of tho latter quality the market i* quite bare); rough fat, inferior, 5a to 7*; medium to good, 8s to 9s; caul fat, 10* to 11s per cwt. DUNEDIN STOCK MARKETS. At the Burnisdie Yards on Wednesday the following business was transacted : Fat Cattle—Only 139 head yarded. The quality was varied, but only one or two pens were prime. No improvement took place in prices. Best bullocks brought £7 10s to £9; one or -.two pens extra prime, £lO 6s to £ll 2« 6d; light and ordinary quality, £4 5s to £7 6s; cows, from £3 12s 6d to £7 10a,— Wright, Stephenson and Co. sold for Mr A, Eelman (Geraldine), 7 bullocks at from £6 12s 6d to £6 16s. Fat Sheep—2239 were penned, of which 300 were merino*, fair to good, and the balance crossbreds, chiefly wethers. The maiket for ail descriptions was firmer, prices realised showing an advance of Is to Is fid per head on lust week’s. Best crossbred wethers brc’ght 14s 9d to 16s 91; ordinary, 9« 6d to 14s 6d ; crossbred ewes, Us to 13s; merino wethers, 6s 9d to lls.

Fat Lambs—There was fair competition for best lots, while small and inferior lots were not so keenly competed for, the range being from 5s 6i to 10s. Pig,_27s were penned, representing a variety of sorts. There was a fair demand for all descripiions. Suckers brought 7* 6d to 12s; stores, 10s to 20s; porkers, 22s to 30s; baconers, 32s to 53a.

AUSTRALIAN MARKETS. Mklbournk, Oct, 6. Messrs Q-oldebrough and Co., limited, held the opening wool sale of the season yesterday, when 2501) bales were offered for sale. There was a

crowded attendance of English, foreign and American buyers. Competition was animated, and the prices realised were equivalent to the London average. One thousand bales were sold. Greasy wool fetched Bfd.

The same firm report having sold the Widgiewa Estate, consisting of 90,000 acres, including .71,000 acres freehold, and 56,000 sheep to Mr J. S. Horsfall.

ENGLISH MARKETS.

London, Oct. 5. At to-day’s wool sales a catalogue of 8800 bales was submitted to auction. The tone of the market was firm. New Zealand 4 per cents, have advanced to £99 10a. Later, Entries for the next series of colonial wool auctions close on the 22nd November. The colonial wool auctions closed to-day. The total quantity sold during the series amounts to 240,000 bales, and the quantity held over to 35,000 bales. The following are the closing rates for the various descriptions as compared with previous sales: —Finest greasy, rather higher; medium greasy, |d lower ; inferior greasy, id to Id lower; medium to good scoured, about Id lower; faulty scoured and fleeces, 2d lower; greasy crossbreds, id to Id lower; fine scoured crossbreds, Id to lid lower. Beetroot sugar is quoted at 12s.