COMMERCIAL.

Temuka Leader, Issue 1656, 5 November 1887, Page 3

COMMERCIAL.

DUNEDIN STOCK MARKETS

DUNEDIN PRODUCE MARKBS

CHRISTCHURCH CORN EXCHANGE

The Corn Exchange reports for the week ending Friday evening, the 4th inst, : Holders of wheat are beginning to realise the necessity of considerably lessening their stocks, and have decided to partially meet the viewß of buyers. This has bad the effect of placing several parcels in the southern markets. The North Island are also drawing a limited quantity. Owing to numerous efor space to London, freights have hardened for the time being. W< e-a—Pnom line 3 ° f tU^P 3O and P oarl are being off'red at Bs 4|fd to 3 8 sd, at which figures business ha* been transacted. Hunters has a limited enquiry at 3s 3 I to 3a 4d, while chicken wheat is much quirtnr at 2h 8d to 2s 91 for broken and 3* for if bole wheat.

UUh-Milling of prime quality are ecaree, lint the demand is not very brisk. Wo quote Is lid for top lines, Short bright feed have had a moderate business for local requirements at Is 8d to la Oil. Shipping business has b en quiet in this cereal owing to our neighbors in the south uider-quoling. Barley—No malting samples are offering, and the seed requirements are almost past. We quote seed lines, nominally, at 4s to 6s; feed, 2s 2d to 2s 3d, with little enquiry. Beans and peas remain at last quotations, with little business of importance to note.

Grass S^ed—The season is now past for sowing, and any stocks held, which are considerable, have to be held over until autumn. Small parcels of cocksfoot are occasionally placed at last quotations. Potatoes—Bayers do not care to buy, unless for actual orders to hand, which just now are not plentiful, and do net exceed 16a at country stations. Dairy Produce—There appears to be no market for either butter or cheese, and prices are nominal at 3d to 3£d for prime. Cheese and butter could be purchased at almost any price. We understand that some trial shipments are to be made to London, which, if satisfactory, may lead to an improvement in this department of the produce markets. The above prices are those paid to farmers and delivered f.0.b., Lyttelton, sacks extra, CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday, large entries of all classes of stock were forward. Fat Cattle —A heavy entry; quality varied, from very light to very heavy tnd prime. A lino of 30 bullocks from the Longbeach Estate were much admired, and madoan average of £8 6aloJ per head; another smaller line from South Canterbury were the pink of perfection, and sold up to £9 15s per head. Prices for the day ranged at from £5 12s fid to £9 16s for bullocks, and from £4 2s 6d to £8 for fat caws and heifers. —The Loan and Mercantile Agency Co. sold a line of 31 bullocks for Mr John Grigg, Longbeach, at from £6 12a 6d to £9 18s per head (an average of £8 6s) and fine heifers at from £5 17s 6d to £6 15s per head. Store Cattle—Three-yea'-old steers sold at £4 to £4 345; do heifers, £3 15s ; a line of coming threc-year-old steers fetched £3 10s, and other lines at £3 2s 6d to £3 14s ; store cows ranged at from £2 to £3 7s 6d ; two-yoar-vld heifers, £2 to £2 8s; ditto steers, £2 12s to £2 15s.

Fat Sheep—A large entry, both shorn and in tha wool, the quality on the whole only moderately good. The demand was limited, and prices fell slightly, Primest wethers in the wool sold at from 15s 61 to 17s per head ; lighter weights, 12s to 14s; shorn crossbreds ranged at from 8s to 11s 9d ; merino wet hers, from 10a 3d to 14s, being up to 31 per lb for mutton in the wool, and from l|d to 2d per lb shorn.

Fat Lambs—A heavy entry of various degrees of quality. The demand was good. Best quality realised from 8s to 9f 6J ; second rate at 6s 9d to 7s 9d ; inferior to 5«.

Store Sheep—Lines of crossbred and merino ewes and lambs with good percentages sold at from 8s 9d to 11s lOi and 13a 61 ; crossbred ewes, shorn, 4s 8d ; crossbred mixed sexes at 5s 61 to 6s lid ; shorn 2-tooths at 3s 8d to 4a 6d ; mixed 2 slid 4-tooths, 5s sd; shorn hoggets at 3s sd,

Pigs—Late values were upheld. Porkers sold at 18i to 30s per bead ; stores, with a good enquiry, at from 6s 61 to 14s 61 per bead.

At the Burnside Yards on Wednesday the following business was transacted

Eat Cattle—l 93 head yarded. Competition throughout the sale was fatrly brisk, and last week’s rates were well maintained. Prime bullocks brought from £9 to £lO 12a 61 ; medium, £7 to £8 10a; light, £5 to £6 10a. Fat Sheep about 350 merino wethers. Fully onethird of the sheep were shorn. Best crossbred wethers (in wool) brought from 15s to 16s 6d ; medium, 13s to 14s; prime crossbred ewes (in wool), 14s to 15s; medium, lls to 12s 6d; prime crossbred wethers (shorn), at from 12s to 13s ; medium, 9s to 10s 6d ; prime crossbred ewes (shorn), 10s to 12s; madiuro, 7s 9d to 8i 9d ; prime merino wethers (in wool), 10s 6d to 11 s 9d; medium, 8s 91 to 9s 61. Reid, Maclean and Co. sold for Mr William Grant (Elloughton Grange), 38 crossbred wethers at 14a to 15s 6d, and 22 shorn crossbred ewes at lls 3d ; for Mr Andrew Grant (Terauka), 103 shorn crossbred ewes at 7s 91 to 9s Sd.

Eat Lambs—sß3 penned, including some very prime lots. About 100 of the best were required for freezing, and this caused prices for prime drafts to advance considerably ; other descriptions benefited to a small extent also. Prices ranged from 5s 91 to 10s 61. Donald Stronach gold for Mr Andrew Grant (Temuka), 40 at 10s 3 1.

Pigs—2ll forward ; about one-third of them nice porkers—the balance good stores. Prices ruled higher than they Lave been any time this season. Wright, Stephenson, and Co. sold 157 stores at Us to 275, and 67 porVera at from 27s to 34i 63.

The following is the report for the week ending Wednesday ;

Wheat—This market shows no signs of any inproyement in the demand. Stocks held locally are very small, but millers are supplying themselves from Ihe north. There are some indications of an advance in price at Home, but in the meantime this market is not tikoly to be much affected. Milling velvet and tuscon may be quoted at 3s 6d to 3* 8d j best red straw, a shade more ; inferior and medium, 3s to 3i sd, ex store. Oats—Stocks are now reduced to very small dimensions. Deliveries are also on a limited scale. Considering the small supplies on baud, holders are not pressing sales, Isfe prices remaining unaltered ; Best stout milling, Is s>3 to Is bright feed, Is 8 I to la Qd ; medium and sparrowbills, Ik 7£d to Is ; inferior, Js 5d to Ik g I—e* store, Burley—There are no sales of any consequence efficient. Small parcels for seed are occasionally disposed of at from 4*’. 6d to 6a.

Ryegrass Seed— With the season now almost over, there is yery little for

the satisfactory disposal of the stocks on hand, which ate pretty considerable. Even the beat is now almost unsaleable, while inferior cannot be disposed of nt any price. Cocksfoot continues in fair demand. S ilea are made on (he basis of hte quotations.

Chaff— Good quality, £2 17s 6d to £3 : medium, £2 5s to £2 10i; inferior, £1 15s to £2. Potatoes—The market is not oversupplied, and prices remain at quotations of last week, viz,, 35s to 40s. Putter—Salt is a drug at 2d to 4:1, kegs extra. Fresh is plentiful at 4d. Eggs—7£d per dozsn. Sheepskins Largo catalogue! were submitted at the sales on Monday, nad these were cleared at prices which could scarcely fail to satisfy sellers. Town butchers’ green skins were sold as follows; —Crossbreds, 5s 6d down to 4s ; merinos, 4s 7*l to 3s 8d ; pelts, 41 to 6d ; lambskins, 6d to lOd ; country dry skins—crossbreds, Is to 5a 2d ; merinos, lOd to 4s Bd. Hides —A rather better demand exists, and prices are, if anything, just a shade firmer—heavies, 3£d to 3|i per lb ; medium, 2|l to 3d ; light, 2*l to 3sd ; inferior and bulls, Hd to 2jd. Tallow—lnferior and mixed, 10a to 12s; medium to good, 13s to 16<; best mutton, difficult to obtain, 17s to 18s ; rough fat —inferior, 5a to 7s; medium to good, 8s to 9a ; pure caul fat, 10* to lis per cwt. AUSTRALIAN MARKETS. Mbliournb, Not. 2. Messrs Qoldaborough and Co., Limited, held their usual weekly sale of wool to-day. There was a crowded attendance of buyers, and the various lots elicited excellent competition, especially light conditioned wools, good quality greasy, and superior lambs wool. The catalogue comprised 3600 bales, of which 2800 were sold. Superior greasy merino brought as much as ll|d per lb ; good do, 10d j and average quality do, 8d ; superior lambs’ wool realised good crossbred and scoured wools up to Is 4£d. ENGLISH MARKETS, London, Nov. 1. Colonial breadstuff* are without quotable change. tallow—Beef, of fair average quality, 22s 6d per ton ; mutton do, 23* 6L Tbe stock of tallow in London is 10,700 casks, Scotch pig iron, f.o.b. in the Clyde, is Sli per ton.