COMMERCIAL.

Temuka Leader, Issue 1742, 26 May 1888, Page 4

COMMERCIAL.

TINWALD MARKETS. I

There was a good supply of sheep it the Tinwald yards on Tuesday, and jaith fine weather and a good attendance, business was fairly brisk, and prices were perceptibly firmer. Lambs shewed a complete recovery from the repent temporary depression, and brought prices which were highly satisfactory to vendors, especially when compared trith iast year’s rates. Store sheep of all descriptions wers in strong demand. Fat crossbred ewes and wethers sole at 8a to 8* fid ; light wethers, 7s Ipd ; good butchers’ ewes, 7s 3d, . Bton 4 and 6-iootb crossbred .ewes brought 4-< 6d to 6a fid; a line of; 1000 6 tnd 8-looth merino ewes, in lamb to long wonlled rams, 8> 9d ; crossbred iambs, 4* to 5s Bd. For boiling down, Irngwootlrd rams sold at 3s 8d to 5s 9d ; merino ewea, 2a 3d. Cattle w«ra in goad supply, hot the demand was extremely doll. Fair quality fat steers and beifnra aold op to £4 15s ; cows, £2 to £3. Bacon pigs sold extremely well, at fully \ddingion quotations, jbut the demand for stores showed signs' of falling off.

OHRISTOHWEOH CORN EXCHANGE. The Corn Exchange reports for 'the week ending Friday evening, the 25th inst. :

The deliveries by rail bare fallen off considerably, the rains of the past week having sent the threshers to their winter quarters. Cables from London show a slight improvement. The scarcity of space here, however, prevents any advancement in the local market. The vessels now on berth are fully engaged, and enquiries are now being made Tor expected arrivals. Wheat—T uscan wheat has been in slightly betterrtquest, and sales of prime lines have been made at 2s 9d, whilst pearl is wanted by locsl millers, and commands aq fqual price, Hunters varies a good deal in quality. The old lines reach 2s 7$ * ; slightly inferior grades, 2s fid to 2s 7d. Chickwheat is offering plentifully, and is scarcely so brifk as it was—ls 10d to 2s for broken, and 2s 8d for whole wheat.

Oats —A strong demand exists for good short lines fit for milling, and 2s has hen paid fur choice lots.' Short feed are worth ,1s 101 to Is lid. The long and lof> rior descriptions are net offering in large quantities, at Is od to Is »d.

Barley—The ma’lsters complain that their malt fa g«ing off too slow, cons qu-ntly they arc not anxious to sdii ih-dr present slocks. Choice in s. how ver, c- mmanil 4« 2d, to 4< Bd, Me •mm qimir >ish mg quitted ai fi I to 8- 9d ; fe.d, Is 10.1 to 2» 2d. JO-oiii.-—dales have been made ai 2s fid to 2s 7d.

Pess—B ues are commanding 2s fid to 28) | feed sorts, 2s 2d to 2s 3d. ; Grass Seed—Ryegrass is without alteration, ami prices arc nominal at Is 8d to 2« for farmers’ parcels, and 2« fid to 2s 9d for machine dressed. Cocksfoot has been a little more lively, and mere i« « good enquiry for heavy bed at 34d to to B|d. Potatoes—The market is exceedingly doll, and it is with difficulty 20s can be obtained at country atations. Outside marketa are more or less glutted. Dairy Produce—Butter is in strong demand, 7d being freely given |or good •ample*. Cheese is a little better, but prices remain at last week’s values. The abort prices are those jpaid to farmers and delivered f.o.b, Lyttelton, except for potatoes.

CHRISTCHURCH STOCK MARKETS. It the Addington Yards on Wed net day there was a good attendance and fair entries.

Fat Cattle—A moderate entry of varied quality, principally light weight cattle, with here and there a pen of good bullocks. Demand very sluggish, late low values undergoing, perhaps, not the slightest improvement. Steers sold at from £5 2s 6d to £7 10s; heifers and fat cows from £3 5a to £5 17s 6d, being at from 14s 6d to 17s 6d per 1001 b, according to quality. Dairy Cattle—A rather large entry. For superior sorts a better demand was shown. Yery good young cows, near calving, sold at from £6 15s to £8 I2s 6d; second-rate sorts from £4 to £5.

Fat Sheep—A fairly numerous, though hot a heavy entry. A firm tone prevailed throughout the sale, and values showed an increase all round of about Is per head. Crossbred wethers sold at from 10s 6d to 18a; balfbred wethers, 8s 6d to 12s 6d| crossbred ewes, at from 7s to 9s 9d; merino wethers, from 4s lOd to 7s 3d, being at from l|d to 2d per lb, according to quality. Pigs—A large entry; all sorts on offer. Prices fell slightly. Baconers sold from 30s to 52s 6d : stores from 11s to 18s.

DUNEDIN PRODUCE MARKETS. The following is the report for. ll»< week ending Wednesday,!—. Wheaat—The market shows no improvement for the better. A few sales are being made, but buyers con tinue to purchase only such quantities as are necessary to satisfy actual re quiroinents. 'I he only demand for milling is confined to the f ry bes: quality, and to small quanntes to come in immediately. Medium de scriptions are slow ot sale except at almost the price of fowl feed, which

has a fair demand, Jb.ut values are hardly maintained, and only for small parcels are late rates obtainable. The quantity of soft wheat now being put on the market from fear of beating has caused a weakening tendency. Prime milling, red straw, hunters white, pearl, velvet, and tuscan, 8s Id to 3s 3d ; medium, almost unsaleable, 2s 6d to 2s 9d; inferior to good fowl wheat, Is 6d to 2s 4d (ex store, sacks weighed in) terms. Oats Owing to the continued favorable weather for threshing and carting deliveries have been heavy, and stocks now are assuming large dimensions, a considerable portion of which have changed hands, and mostly still in store awaiting shipment. Buyers seeing no abatement in the quantity still coming to hand, are beginning to ease off. Prime milling, Is B£d to Is 9d. Yery few of those now come to band; the most, in fact nearly all, being dark sparrowbills and short tartarians, for which we quote la 7jd to Is 8d; medium and danish, Is 6d to Is 7d ; inferior, Is 3d to 1* 5d (ex store, sacks weighed ia), net cash.

Barley—Prime malting samples are scarce, and would command full rates, while medium and inferior have very little attention; even millers are now less anxious to purchase'. 1 ‘ Prime malting, 4a 8d to 4s 6d; medium, 3s 9d to 4s; milling, 8s 8d to 8s 9d; feed, Is fid to 2s fid (ex store, sacks per agreement), terms. Grass Seeds Ryegrass, farmers’ lots, from 2s to 2a 3d ; best machinedressed, from 2s XOd to 3s. Cocksfoot, little inquiry, 3id to 3fd per lb. Potatoes—Best Northern, 50s to 52s fid per ton.

Chaff—Well-cut clean and heavy, 50s to 55s per ton ; straw, 40s. Carrots, 40s. Turnips, 20s. Straw Oaten and wheatan, 40s per ton.

Hay—Oaten, 60s per ton; clover and ryegrass, 60s.

Butter—Prime salt, 7d to 8d (kegs extra); fresh do, storekeepers’ lots, 7|d to Bd. Cheese—Best Akaroa, 3|d; loaves, 4d; Brighton, 3£d. Honey, 3}d (in tins and casks).

DUNEDIN STOCK MARKETS. At thr Burnside Yards on Wednesday the following business was transacted :

Fat Cattle—l3s head were yarded, which consisted from inferior to prime quality. Bidding was slack, excepting for the very prime pens, and prices show no improvement on last week’s sales. Best bullocks brought from £6 7s 6d to £7 17s 6d; medium, from £5 10s to £0 7r 6d; co vs, up to £8 7s 6d.—Wright, Stephenson and Co., sold for Mr Andrew Grant (Temuka), 12 steers at from £6 to £7 10s.

Fat Sheep-r-3275 were peuned, of which 265 were merinos, consisting of all qualities. Prices were slightly easier. Best crossbred wethers brought 11s 6d—one pen extra heavy, 13s 6d; best do ewes, 10s 6d ; merino weathers, 5s to 6s 6d.

Fat Lambs—l 69 penned for the day’s requirements, consisting of all qualities, and sold at from 6s to 8s 3d. Pigs—l9o penned. Bidding was brisk, and prices were a shade higher than last week. Suckers, 6s 6d to 11s; stores, 20s to 22s 6d; porkers, 25s to 82s 6d; baconers, 35s to 565; extra heavy, 69s to 745.

AUSTRALIAN MARKETS.

MelHourn*. May 28.

Wheat is easier at.3s sd. |;FJour ill £7 sa, for stone made. Oats, short, 2s lid. Barley is firm, and prime malting is quoted at 5s od. Maize is 8s 3d. Bran, lOd. Sugar, white, iis £22 10».

Svditet, M»y 28.

Bran, 10|d, with the market quiet. New Zealand pollard, 9fd to lOd. Potatoes, New Zealand, 50s to 555; Tasmanian, 60s; Warrnambool, 40s to 465, Oats are easy at 2s Id to 2s 3d, milling 2s 3d. Maize is easy at 2s 4d to 2« sd. Onions, £4 15s to £5. Chaff, best, £5 6s. Wheat, chick, 2s lid to 3s. Butter, local, Is Gd; imported, best, Is to Is 2d. Cheese from 6d to 7d; loaf, 7jd. Bacon, in cloth, 9d to Hams. Is to Is Id.

Adelaide. May 23

Wheat is advancing, and is quoted at 3s 4d to 8s 5d for cargoes delivered f.0.b.; farmers’ lots 3s 2d at outports, 3s 3d at Port Adelaide. Superfine stone flour from £7 5s to £7 10s; roller flour from £8 5s to £8 10a. Bran is, dull at 9£d to 10d. Pollard, lOd. Oats, 2s 9d to 2s lOd. Malting barley, 5s to 5s 6d.

ENGLISH MARKETS.

London, May 22

Since the close of this last London wool sales, 2500 bales hare been sold at a slight advance on closing rates. The Antwerp sales closed firmly. The hop prospects are unfavorable and backward, and the hops are infested with vermin. The crop will be probably short of demands, as there is a decrease of 8000 acres under crop. May 28. Wools show a general advance of £d per lb. The prospects of a further rise are con-idered to be favorable. An off-coast cart'o of Australian wheat has been sold f. om 34s to 34* 6d The tin market is steady at £BS. (’opper is fl it. Leather is quiet at lOd to 10£d. The market rate of discount is per cent, and the bank rate 8 per C nt.

May 24. The frozen meat market is generally firm, and the cargo by the steamer Bimutaka from New Zealand is being cold at 4£d per lb.