COMMERCIAL.

Temuka Leader, Issue 1790, 15 September 1888, Page 4

COMMERCIAL.

CHRISTCHUROH STOCK MARKETS. At the Addington yards on Wednesday heavy entries of air kinds of stock.

Fat Cattle—A large entry. A line of steers attracted keen competition, selling at from £9 10s to £lO 15s per head. Heavy-weight steers sold at from £6 10s to £9 2s 6d; medium weights at from £5 10s to £6 2s 6d; heifers and fat cows sold at from £4 5s to £6 15s per head, being at from 19s to fully 20s per 1001 b. Store Cattle —Three-year-old steers sold at from £4 2s 6d to £4 14s; ditto heifers, to £3 10s; two-year-old steers, £3 to £3 7s 6d; ditto heifers, £2 10s to £2 15s; yearlings, 18s to 275.

Fat Sheep—A fairly large entry, the quality on the whole being good. A drop of from Is to Is 6d per head took place. Prime crossbred wethers sold at from 15s 6d to 17s 6d and 18s per head; medium weights, 13s to 14s 6d; maiden ewes a shade under these figures; ewes, varied ages, from lis to lis 6d; merino wethers at from 10i 3d to 13s per head; being at from 2£d to nearly 3d per lb, according to the quality. A small line of rery heavy crossbreds brought from 25s to 26s per head. - Fat Lambs—A few fat lambs were offering. Values ranged at from 7s' 6d : to .lis per head. Store Sheep Crossbred ewes in lamb sold at from lis 6d to 13s 7d; hoggets, from 10s 3d to lis 4d, etc. Pigs ~ A" moderately good entry. Heavy weights sold up to £2 19s 6d per head; baconers, 32s to 47s 6d; porkers, 20s to 30s; stores, 10s to 17s 6d. _______ puNBDiN Produce markets. The following is the report for the week ending Wednesday : Wheat—A keen demand' has been experienced during the past week, all available lots suitable for shipping or milling being taken up at advanced; rates. Inferior and soft, only suitable for feed, is also in excellent demand, and sells readily. Quotations: Prime milling velvet and tuscan, 3s 7d to 3s 9d; medium to good, 3s 3d to 3s 6d; inferior, 2s 6d to 3s (ex store, sacks weighed in). Oats—Large sales have been effected during the week. Prices are hardening. Prime milling, stout and bright,; 2s 2d to 2s 3d; heavy sparrowbills, good color, 2s 2d to 2s 3d; medium to good, 2s to 2s Id; inferior to medium, Is 9dto2s; long tartars, clean, in small lots, 2s 3d to 2s 6d (ex store, sacks weighed in). Barley—Best malting, 4s to 4s 3d; medium, nominal, 3s 6d to 3s 9d; feed, and milling, 2s 6d to 8s 3d (ex store). Eyegrass &eed—Machine dressed, 2s 9d to 3s 3d; undressed, Is 6d to 2s 3d; Poverty Bay, dressed, 5s to 5s 6d; undressed, 3s 3d to 4s (sacks' extra). Cocksfoot is still in limited request, at: for best, 3|d to 4£d j inferior to medium,, 3d to 3|d per lb. Potatoes—Supplies from both Canterbury and the South are still on hand, and selling at 45s to 60s; but the market continues bare of Oamaru growth, which, althought not in very strong demand, would realise 75s to 80s per ton in limited quantities. Pigs—" Well fedup to 1801 b, 4£d. Hims and Bacon—Former, 8d to 9d; flitches and rolls, 6£d to 7d. Chaff— Oaten, heavy, 655; wheaten, 45s ; straw do, 40s. Carrots, 30s; turnips, 13s; blackdust, 9d; meal seeds, £3. Straw—-Oaten and wheaten, 40s; Hay—Oaten, 60s; clover and ryegrass, 60s.

Butter—Best salt, Bcarce at lOd ; fresh plentiful. Eggs are plentiful. Cheese—ln good demand; Best Akaroa, 4d; loaves, 4sd: Honey: Drained, 3id; extracted, 4id.

Sheepskins—On Monday, country dry crossbreds, loir to medium, brought 1b 2d to 3s 8d; do do merino, la Id to 2s lOd; medium to full-woolled crossbreds, 3a 9d to 5s lid; do do merino, 2s lid to 4s 4d ; dry pelts, 2d to la; butchers' green crossbreds, best, 5s

lOd to 4s 6d; others, 4s '4d to 3s Id ; green merinos, 3s 4d to 4s. Hides We quote inferior and bulls, l£d to l|d; light, 2d to 2£d; medium, 2£d to 2£d; heavy, 2|d to 3d per lb—with the usual allowance in weight for offal, cheeks, and shanks.

Tallow—We quote prime rendered mutton, 18b to 19s 6d; medium to good, 15s 6d to 17s 6d; inferior and mixed, 13s 6d to 15s; rough fatinferior, 8s to 9s 6d; medium to good, 10s to 12s 6d; beat, 13s per

DUNBDIN BTOOK MARKET. At the Burnside Tards on Wednesday the following business was transacted : , Pat Cattle—2oß head came forward The quality raDged from fair to prime. Prices towards the close of the sale showed a decided advance on those current a week ago. Best bullocks brought from £ll to £8 10s ; medium, £8 to £6 10s; light, £6 to £4; best cows, from £8 to £6; medium, £5 10s to |£4; light and inferior, £3 10s to £2.—Messrs Wright, Stephenson, and Co. sold for Mr John Grrigg (Longbeach estate), 6 very prime heifers at from £7 5s to £7.

Fat Sheep—3oo3 penned, ranging from good to very prime. A very serious decline in values took place, say from 2s 6d to 3s. Operations at the N.Z. Refrigerating works will probably be resumed in the course of ten days or a fortnight, and those who can hold their sheep back for that time will doubtless obtain better prices. Best crossbred wethers brought from 17s to 15s; ordinary, 14s 6d. to 13s; light, 12s 6d to lis 6d; best crossbred ewes, 14s to 13s; medium, 12s to lis 6d; light, lis to 10s 6d. Fat Lambs —Twelve sold at from 10s 6d to 12s.

Pigs —B9 penned. Extra heavy bacon pigs brought from 50s to 565; medium weight bacon pigs, 30s to 48s; porkers, 23s to 295. ENGLISH MARKETS. Loudon, September 11. The American visible supply of wheat is 30,375,000 bushels. The total quantity of wheat and flour afloat for the United Kingdom is 2,136,000 quarters, and for the Continent 736,000 quarters. A cargo of New Zealand long berried wheat, in hold, has been sold for 40s, and a cargo of Adelaide wheat has been sold at 41s 3d.

Copper, Chili bars, £lO5 ss. Bar silver is quoted at 3s 6fd. Tin, £lO4 15a.

The Miller estimates the wheat yield ef the world at ten million quarters below the requirements of buying countries.

Mr Harris, the wheat expert, predicts an enormous rise in wheat in spring, owing to the scarcity of supply. The wool sales will extend to October 16th. It is predicted that merino combing will be dearer, and crossbreds and other kinds easier.

September 12

Freights to New Zealand, 35s per ton; Queensland, 32s 6d; to other colonies, 27s 6d. Steamer freights have been raised 10s.

In consequence of the new crop of wheat being damaged, foreign wheat is rising in value. Adelaide and best New Zealand is quoted at 45s ex store.

Hops, maize, and malt, are also advancing.

The New Zealand Loan and Mercantilo Agency Company, Limited, have received the following cable message from London, dated September 11th, 1888 :

Wheat—The English harvest will be late, and it is deficient alike in quantity and quality. The market is steady/ New Zealand average and long berried wheats are worth 40s 6d and 41s 6d per 4961 b., respectively! New Zealand f.o.b. is worth ci.f., to arrive, 38s'6d Barley The quality of English barley is very inferior. Leather—The market is unchanged.

Frozen Meat—The mutton market is steady. Canterbury mutton is worth per lb; New Zealand beef, fore quarters, worth 4d; hind quarters, sid per lb.

The following private telegrams, dated London, September 12th, were received in Christchurch on Thursday : " The best of your shipment of New Zealand mutton is worth to-day sjd per lb "

" Salamanca—We have iold your Tuscan wheat ex this ship at 40s. Market is Gd to Is cheaper, affected by fine weather. .