COMMERCIAL.

Temuka Leader, Issue 1748, 9 June 1888, Page 3

COMMERCIAL.

AUCTIONEERS' REPORT. GERALDINE. Messrs Webster and Macdonald report: — We held our first sale at Geraldine on Wednesday the 6th, and have to thank our farmer friends for the hearty response they gave us in answer to our call upon them for support. We yarded 1500 sheep and a good number of cattle. Eat Sheep were in good demand, and readily changed hands at from 9s to 9s 9d. Store Sheep There was a large number of enquiries for good stores for turnips, and several lines changed hands privately at from 7s to 8». We still have enquiries for good 2 and 4-tooth, and can obtain good prices sheep of this description. Lambs sold readily at up to 4s 7d for medium. We also can place at full values good lines of lambs. Cattle—Stores were eagerly asked after, and found buyers at up to £8 18s 6d for 3-year-olds. Milch Cows—Not much enquiry for. CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the Bth inst. : London advices by cable are still very erratic, and very little reliance can bo placed upon the figures quoted. Fortunately our local market is not much influenced by them. The rates of freight required has much more influencing effect on our local prices than anything else. At present the rates are high, but there is a disposition on the part of charterers to meet shippers. Wheat Tuscan holds premier position and is worth 2s 9d. Pearl, which is becoming scarce, may be quoted at a similar figure, but is taken mostly by local and intercolonial millers. Hunters: Prime is in fair request at 2s 7£d to 2s 8d; second quality, 2s 6d ta 2a 7d. Chicken wheat, 2s to 2s 3d. Oats have an upward tendency, and prime milling are saleable at 2s; short feed, Is lOfl to Is lid ; inferior and long kinds, Is 8d to Is 9d, Barley —Some little business has been done at 4s to 4s 3d for prime ; medium quality is selling at 3s 6d to 3s 9d. Peas and Beans are without alteration. Grass Seed—No change to notice in , ryegrass. Cocksfoot is slightly easier, 3-H being the best figure for prime. Potatoes are in a little better demand at 21s to 22s 6d at country stations. Dairy Produce—Butter is in excellent demand at 7d tp 8d for choice lots. Cheese is quiet at last quotations. The above prices are those paid to and delivered f.o.b, Lyttelton, sacks extra.

OHRISTOHURCH STOCK MARKETS,

At the Addington Tarda on Wednesday there was a heavy entry and a large attendance of buyers. fat Cattle—The entry made up of principally medium quality weights, a few pens of extra good steers. Demand not over brisk; late values ruling. Steers sold at from £5 5s to £8 ; heifers, £3 to £5 10a; or from 14s Cd to 18s per 1001 b. Dairy Cattle—A good entry, quality very varied; good young cows sold well, viz., at from £6 to £9; ordinary sorts at from £3 to £5 per head, fat Sheep—A full market, principally good quality. The market opened well, and considering the large entry, business all through went very well, values about on a par with last week’s sale prices. Primest crossbred wethers sold at from Us to 16s 6d and 18s, lighter weights at from 9s 6d to 11 s,; crossbred ewes at from 8s to 10s 6d, merino wethers at from 5s 2d to 7s sd, being at from l|d to fully 2d per lb, the very primest, 2*d per lb, Piga—A very large entry of all sorts—stores, porkers, and baconers. The demand was again active, all lots selling at about late values, viz., from 3id to 3| d per lb. Baconers sold at from 32s to 53s per head; porkers, 21s to 80s; stores, 8s to 12s 6d per head.

DUNEDIN PRODUCE MARKETS.

1 The following is ibe report for the week ending Wednesday : . Wheat—The supply on the market at present is largely in excess of requirements, there being no outlet for any except what the local millers are able to consume, and. that is very limited. Quotations are for prime milling, 3s to 3s 2d; medium (nominal), 2s 6d to 2s 9d; inferior, Is 6d to 2s 4d (ex store, sacks weighed in) terms.^ Oats —Deliveries are now falling off to a considerable extent. The demand at present is more for bright stout milling; discolored, although in fair demand, do not go off so readily, except at lower prices. Danish are still hard to more. Quotations are; For stout, bright milling, Is Bfd to Is 9d, for an extra good sample a shade more; belt short feed, Is Bdto Is B^d; medium, Is 6d to Is 7d; inferior, Is 2d to Is 5d (sacks weighed in), nett cash. Barley— Prime samples of malting, bright and mellow, would sell; but medium and discolored is hard to pl ace —even for milling the demand is weak. Prime malting, 4s 3d to

4b 6d ; medium, 3s 9d to 4s; nominal feed and milling, Is 9d to 3s 6d (ex store, sacks per agreement) terms. Grass Seeds—There is no improvement in the demand for either ryegrass or cocksfoot. Potatoes—The market is not oversupplied, and, with a moderate demand, prices are unchanged. Southern sell at 85s to 40s, prime Northern at 45s t0.47s 6d. Kidneys are scarce, and in demand at up to £3 per ton (sacks weighed in). Chaff—Heavy, well-cut, and riddled, 60s to 555; straw, 355, Carrots, 355. Turnips—Swedes, 15s; green tops, 14s. Straw-Oaten and wheaten, 40s. Hay—Oaten, 60s; clover and ryegrass, 60s. Butter—Prime fresh, lOd per lb; salt butter, 8d to B£d (kegs extra), ■ Eggs—ls 4d per doz. Cheese is hardening in price; to 4£d, according to quality. Hams and Bacon—Bd for former, 6£d for rolls, and 7d for sides (smoked preferred). Honey 3fd to 4d, and is now getting scarcer. AUSTRALIAN MARKETS. Melbourne. June 7. Wheat, 3s 6d. Flour, stone made, £7 2s 6d. Oats, tartarian, 2s 7£d; stout, 2s lOd, Malting barley, 5s 6d. Maize, 8s 4|d. Bran, lOd. Sydney, June 7. At auction 100,000 feet of kauri, ex Restless, were sold at from 3s to 14s 9d; 35,000 feet of flooring, first quality,|lßa 2d; 60,000 feet medium kauri, 12s 6d to 13s 9d. Oats, 2s Id to 2s 2d. Maize is firm at 2s 4d. Bran is quiet at lOd. Pollard, 9|d. Chick wheat, 2a lOd to 3s. Milling wheat, first quality, 3s 8d; second quality, 3s 3d. Potatoes, Circular Heads, 60s; New Zealand, 55s to 60s ; Warrnambool, 455. Onions, £5, upward tendency. Butter quiet. Best local, Is 6d to Is lOd; best imported, Is 3d ; second quality, lOd to Is. Cheese, 6d to 7d. New Zealand bacon, 9d. Hams, Is to Is Id. Adelaide, Juup. 7. Wheat, 3s 3d, f.0.b.; farmers’ lots, 3s; outports, 3s Id. Flour, £7 to £7 ss; roller made, £B. Bran, 9d. Pollard, 9£d, New Zealand oats, 3s 3d to 8s sd. Brisbane, June 7. Maize is scarce at 8s 2d. Hay, oaten, £4 12s 6d. Chaff, £3 10s. Butter, prime, Is lOd. ENGLISH MARKETS. London, June 5. The ;vyheat i market is active. Continental prices are unchanged, American prices declining. The froeen meat market shows an upward tendency, and prices are advancing. ' , Leather is steady from lOd to 10fd. June 7. Three thousand five hundred bales of wool have been sold since May at slight advance on closing rates.