COMMERCIAL.

Temuka Leader, Issue 1718, 31 March 1888, Page 4

COMMERCIAL.

ENGLISH MARKETS.

The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated March 27th 1888.

Wheat—The market is flat. New Zealand average it worth 32i per 496 U, T*llow—The market hat been lower since our last message, bat has recovered, and '• now steadier. Good mutton and beef ttllowe are worth mpectively 25s 6d and 32a9Jpercwfc. Leather—The market is steady, and quotations are unchanged. Hemp—Medium quality is worth £2B per ton. Frozen Meat.—The market is unchanged,

CHRISTCHURCH STOCK MARKETS.

At the Addington Yards on Wednesday, the extremely rough boisterous weather prevailing had a marked effect on the attendance, while entries of stock were in most instances again large. Fat Cattle—A heavy principally good qualify, steers and heifers about equally divided. A small attendance of the trade, and the enquiry anything but good, though -v speculative demand helped most Hum/off,, values; ruling low, say, about l«at week'si price*. Steers sold at from £4 15» lo £7 ; heifers and fat cows from £3 5s to £5 12s 6d ; being at from 13s to 16a 6d per lOOib, according to the quality. • Store Cattle—A small entry, the rough weather sadly interfering with business. Dairy •Cat'le—A fairly numerous entry; no alteration to record in" values.Fat Sheep—A Urge entry was again yardedVthrquality being on the whole not of first-class quality with few exceptions. The weather was responsible for a meagre attendance* and buainfese was dragging, and a tall df from 6d to 9d per bead was the result. Crossbred wethers sold at from 8s to 9s 9d j balfbreds 7a to 7« 3d ; ewessoldat from 4s 0d to 8s; medium wetheis, from 3s U to 6h Id p§r head ; vaiue* per lb varying from te a shade over l£d per lb, aa the quality varied,

Dtore Sheep—There was i>nother large entry of this clasa of sheep, with only a moderate attendance of buyers. A good number were passed, and sales were made, at a slight reduction od lata values. Crossbred ev/ee sold nt from 3s to 5s 9); mixed owes and wethers at 7s ; lambs at 3s Id. Fat Lambs -A small entry, and values much enhanced. Sules made at from 5a to 7» 3d per head. Figs—only a small entry, all lots being well competed for, and selling well up to late va'ues. Porkers at from 22s to 31s ; stores, 14b to 18s; sows in pig, £5 to £3 Bs.

DUNEDIN PRODUCE MARKETS. The following is the report for thp week ending Wednfßday : ' j Wheat—Prime samples are in moderate vt quest, but in the absence of any demand for export millers ire operating with extreme caution, only selecting from the numerous samples offering just sufficient for preaent requirements. The tone of the market is Dot firm. The unsettled state of the weather is delaying harvest operations iii the south couniderably. The weather has been very unfavorable for the proper securing of this and other cereals,' and a considerable quantity of damagod grain is likely to bo the result. Quotations: Prime milling velvet aud Tuscan, 3s Id to 3* 31 } extra prime. a shade more ; medium is difficult to place' at 2s 9d to 3s; inferior, Is (3d to 2e 6d (ex store). Oats—A very fair demand exists both for loc»l requirements and shipment, bui deliveries are still limited, which is the chief cause of keeping prices at their present level. Wo qnote prime stout milling, Is 8d to Is B£d ; short bright feed, Is 7£d to Is 8d ; medium, la 6d to Is 7d (ex ■tore). Barley—The market still continues bare of supplies, and in consequence the business done up to the present is insignificant, and by all accounts the quantity to come forward suitable for maltiog will be I very much short of requirements. We' quote prime malting, 4s 3d to 4a 6d; [ medium, 3a 9d to 4s ; feed and milling, 2s 6d to 3s 6d (ex store). Grims Seeds—There in no alteration to note in the position of the market, extreme diillnrps still prevailing. Chaff— 50d to 55s for bast.

Straw—Oaten and wheaten (hydraulic pressed in bales), 40s. Hay—Oaten (hydraulic pressed in bales), 60s; clover and ryegrass (hydrcalic pressed in bales), 6(h— all new crop. Butter—Fresh, 7d to 7£d ; salt, 6d to for prime.

Cheese—3d to 4d ; for beet loaf, 4Jd. Sheepskins—On Monday country skins, crossbreds, bronght Is 7d to 43 9d; do do merino, 1b 5d to 4a 7d ; dry pelts, 9d to Is 41 j butchers' green crossbreds, 2s to 2s 9-i; do do merinos, Is 6d lo 2s; lambskins, la 6d to 3s. Hides—Au active demand still continues to exist both for shipmonl and local use, and late quoted prices remain firm. Quotations are : Heavy weights, 3|<l t.o 4|d ; medium, to 3|d ; light, 2|d to 2|d ; inferior, I|'! to %\ per lb. Tallow—There is a firm tone prevailing. Present quotations are ; For inferior and mixed, 12a to 15s; m'dium, 15s 6d to 17s ; prime mutton, 18* to 20s ; rough fat : inferior, 6s to 7s 6i ; medium, 6* to 10j ; best caul fat, 10s 6d to 12s per cwt.

DUNEDIN STOCK MARKETS. At the BurnsiMe Yards on Wednesday the following business was transacted : Fat Oat tie—The number offered (295 heid) proved much beyood requirements of the trade, and in consequence dull competition was experienced till through the Bales, prices being almost as low as those ruling a fortnight, «go. B • bullocks brought from £6 to £8 10s (for «xc«ptionally heavy-weights) • oihe's, £3 10s tu £5 15s; cows and heifeis, £2 153 to £5 17« 6J. Reid, M.cican, and Co. soil for Me«srn Bourne and McDon«ld (Wash, dyke), 6 prime bullocks from £6 5s to £7 2s 6d; for Messrs M/Goverio and Hsrd e (The Hook), 7 bullocks from £4losto£4l7s6d. Wright, Stephenson, and Co. *o'd for Mr W. Qtiinn (Makikihi), 6 bullocks at from £5 to £6 10s; lor Messrs M'Goverin and Hardie (The Hook), 7 steers at from £3 12s 61 to £3 15s. Donald Reid and Co. sold for Messrs M'Goverin and Hardie (The Hook) bu locks at £4 17s 6d. Fat Sheep—l 736 penned. Prices ruled about tlie same as lant week. There were about 150 of the number offered merinos, the balance crossbreds, the larger portion ewes of from ordinary to prime qua ity heavy-weights. Best crossbreds wethers brought from 7« 3d to 8s 6d ; medium, 6s 31 to 7s; belt crossbred ewes, 7s to 8a W; a few puns very he»vy weights up to 9s 3d; medium do, 5s 3d to 6s 9d ; merinos, 4s to 7s 6d. Reid, Macletn, and 00. sold for Messrs Bourne and McDonald (Wishdyke), 30 prime crossbred wether» at 8s 61. Wright, Stephenson, and Co. sold for Mr John Douglna (Waihoa Downs), 128 crosabred ew«a at from 6s 9d to 7* 9d.

Fat Lambs.—Only 148 ponned, All forward found buyers at prices ranging from 4j to 8i; •■■--

Fig*.—2l9 offered. These represented all sorts, and met with fair competition, prices ruling on a level with last week's. Suckers brought 63 6d to Us j stores, 13i to 245; porkers, 26s to 31a; baco'>era, 34? to 455; extra heavy weights, 50s to 68a.—Keid, Maclean »nd 00. sold for Messrs Bourne and M'Donald (Washdyke) 3at 455, 4 at 41s, 6 at 375, 1 at 31s, 5 at 30s.

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