COMMERCIAL.

Temuka Leader, Issue 1899, 1 June 1889, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKETS, At the Addington Tarda on Wednesday cattle were poorly represented, but there were first-rate entries of sheep. Pat Cattle —There was not a great number yarded ; the bidding was slack, and a further decline of about Is per 1001 b must be recorded; Heifers sold up to £7, and steers to £6l7s 6d. Yealers—Best vealers sold up to 30s, and inferior ones to 20s. Store Cattle—One of the worst sales that has been held for. a considerable time. Two and a-half-year-old steers went up te £3 10s; ditto heifers to £3 2s 6d; two-year-old heifers to £2 15s; and yearlings from 25s to 275, Dairy Cattle—Best cows in. full prqfitj went up to £B, and inferior ones up to £5. Pat;Sheep—This was the most important feature of the day’s market. The market was topped by a line of enormous halfbred wethers sent up from Dunedin, which were disposed of at prices ranging from 17s 6d to 19s a head. Another line of superior crossbred wethers went up to 17s 4d. There was, however, a slight decline in prices. : ; Store Sheep—Crossbreds sold up to 8s 2d; down ewes,, 9s; crossbred lambs, 6s 6d to 8s 9d; merino wethers, 3s 3d. Pat Lambs sold at about last week’s quotations. Pigs—Best buconers sold up to £3. 7s 6d, and porkers sold freely, up/to £2. DUKEDIN PRODUCE MARKETS,; The following is the report for the week ending Wednesday:— Wheat—Although the market is somewhat depressed, we have no fear but that present rates will continue, as stocks in the stores iu town are low, while millers are simply buying from hand to mouth. Second milling quality'is almost unsaleable beyond fowl, feed pries, which is in better request. Prime tuscan, 3s lOd to 4s; prime milling, various sorts, 8a lOd to 4s; medium do do do, 3s 6d to 3s 9d; soft, inferior, and fowl wheat, 3s to 8s sd; seconds, 2s 6d to 3s. Oats—The market continues steady, and supplies throughout the past week about equal preceding, one. Shippers continue to take all offered for s ale, and, with a few speculators in the field, prices have been well upheld, and in some instances an advance paid! Bright milling and heavy, plump, bright feed are in best favor. Seed lines are now inquired for, and for some extra-fine good prices are

paid. Heavy milling, 2s 8d to 2s 10d; prime bright feed, 2s 7d to 2s 8d ; damp and discolored, 2s 5d to 2s 7d ; danish, 2s 6d to 2s 8d; long tartarian seed, 2s 9d to 3s. Barley—Pale plump malting in better request at recent quotations. Milling and feed quiet, with a slight reduction. Malting, 3s 6d to 3s 9d; milling, 3s to 3a 4d ; feed, 2s 3d to 2s 9d. Potatoes—Market but scantily supplied, In consequence, prices are hardening. Northern grown, 80s to ,85s per ton; Southern do, 75s to 82s 6d. Ryegrass—Some inquiry for export, but holders are firm in their demands for high rates. Dressed, 3a 4d to 4a; farmers’ lines, 2s 9d to 3s 3d. Cocksfoot, 8d to 3£d. Chaff—Prime, well-cut, oaten, 70s to 75s per ton; medium and mixed, 60s to 61s 6d. Butter—Prime butter is in good request at 9d to lOd; medium, dull, at 6d to 8d; inferior, unsaleable. Cheese—Prime, Akaroa, 5d to s£d; factory, s£d to 6£d. Pigs—Well-fed, up to 1801 b, 4d to 4id; hams, 9d; flitches and rolls, 6|d. Onions, £l6; turnips, 20s; carrots, 40a. Straw, oaten and wheaten, 40s; hay, oaten, clover, and ryegrass, 67s 6d to 70s. Eggs, downward tendency; honey extracted, 4|d. Sheepskins—At the auction sale on Monday there was a moderate-sized catalogue, consisting of country dry and butchers’ green parcels. Bidding was brisk, and prices were all in favor of sellers; some picked lines of heavy crossbreds making very high prices. Green crossbred sold at 3s to 6s 5d ; dry do, Is 4d to 5s lid; green merinos, 2s 9d to 4s 3d; dry merinos, Is Id to ss; lambskins, 2s 4d to 5s sd; skins in bales, 5s to Bid per lb. Tallow—A few lines of well-rendered to band; also some lines in medium order. As the market is bare, prices were a little firmer, with a slight rise in values. Rough fat has improved in demand, and is also higher in price. Rough fat is quoted at £lO to £l3 10s per ton; prime, rendered tallow, £lB to £2O per ton; medium, £l6 10s to £l7 10s per ton; inferior, £l4 to £l6. Hides—The market continues quiet and to make sales low prices have to be accepted, the demand being entirely confined to local tanners. Town butchers’ prime ox hides, 14s to 18s; do do do cow hides, 9s to 12s; country hides, 8s to 12s 6d each; salted horses’, to per lb ; others, lid to 2fd per lb. DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted Fat Cattle—l 37 yarded, very nearly all prime, and, as usual, the Trevenna draft were grand quality. Bidding was slack, and prices obtained similar to those ruling at last week’s market. Bullocks sold at £5 to £9; cows, £3 10s to £6 10s. —John Grindley sold for Mr James Guild (Trevenna), 6 prime bullocks from £8 10s to £8 15s. —Wright, Stephenson, and Co. sold for Mr James Guild (Trevenna), 6 prime bullocks at from £9 to £8 6s; on account of Mr W. Deßenzy (Winchester), 6 heifers at from £5 5s to £4.—Donald Reid and Co. sold for Mr John Allan (Belfield), 13 bullocks at £7 2s 6d to £5 7s 6d, 1 cow at £6 7s 6d. Store Cattle—John Grindley sold during the week:—For Mr Andrew Grant (Temuka), 160 bullocks at £5 ss. Fat Sheep'—2736 were penned; about half were wethers. Wethers all round were fine quality, while ewes ranged fropj inferior to medium. Buyers were a little shy at first, but brightened up a bit as the sale went on, last week’s prices being readily obtained for best pens, ewes ruling a bit easier. Crossbred wethers sold at 10s to 14s 6d; extra heavy wethers, 15s 6d to 225; merino wethers, 8s to 12s 6d; crossbred ewes, 8a 9d to 13s 6d. —John Grindley sold for Mr Andrew Grant (Willowbank), 30 crossbred ewes at 12s 6d, ; : Fat Lambs Only 151 yarded. Prime quality was in brisk request, and sold atdast week’s high prices—namely, 8s 9d to 10s. —John Grindley sold for Mr Andrew Grant (Temuka), 31 small Shropshire Downs at 8s 6d. Figs were quiet, with prices much on a par with those ruling last week. Baconers sold at 40s to 67s 6d; porkers, 23a to 38s; stores and suckers, 10s to 21s 6d. AUSTRALIAN MARKETS. Sydney, May 29. The rough weather caused the suspension of active business, and it is difficult to obtain the acurate position of the various markets. There is a very full supply of wheat. Samples of the Bothwell Castle shipment are shown and are offered at a price which does not leave much. possibility of profit. Chick wheat, Ss 6d; New Zealand milUng, 4s 2d to 4s sd, nominal. Flour, stone makes, £lO 5s to £1015s; roller makes, £ll to £l2 10s. There is a large supply of oats and the market is dull. Good feed, 2s 8d; heavy feed, 3s Id to 3s 2d. Maize, {

soft sorts, from 2s 6d ; prime dry sound 3s to 3s Id. Cape barley, 3s to 3s Id. Bran is steady at Is 2d. Pollard, Is 2d, firm. Blue Prussian peas, 4s 3d to 4s 4d. Potatoes, New Zealand and Tasmanian, £4 10s; Circular Heads, £4lss. Onions, £l7. Owing to scarcity of NeW' Zealand descriptions holders are asking £lB to £2O. The butter market is glutted. Best New Zealand dairy made, 8d to lOd; separator made, Is to Is Id ; off sorts are unsaleable. The cheese market is glutted. Local, 6d to 7d; New Zealand, 6d to 7|d. Bacon (no New Zealand in the market) is quoted at to lOd; hams, Is. Melbourne, May 29. The wheat market is quiet. Latest prices, 5s 7d to 5s Bd. Flour, stone made, £ll 15s; roller made, £l2 to £l3. Oats are firm at 4s. Maize, inferior sorts, 4s; good, 4s 3d. Barley is quiet. Cape, ex wharf, 3s 9d; New Zealand malting, 5s lOd. Bran, Is 3d; pollard, Is 4d. Peas, 4s lid to ss. Ryegrass seed, 4s 4d. Sugar is active. Queensland greys are low; whites, £25 to £26 10s. May 30. The oat market is excited, and large sales are reported at 4s 2d. Adelaide, May 29. Wheat is dull. Farmers’ lots 4s lOd; shipping parcels up to 5s Id. Flour, roller made, £ll 5s to £lllos. Oats, New Zealand, 4s 3d to 4s 4d. Barley, malting 4s 3d to 4s 6d. Bran, llfd to Is; pollard, Is Id to Is 2d. Sugar, China whites, £29 10s; Mauritius ‘ whites, £2B 10a. ENGLISH MARKETS. London, May 29. A destructive fly is attacking the hops in England, and in consequence of its ravages the market is becoming excited, and holders are withdrawing their stocks from sale, Wheat is firmer, owing to heavy rains which have fallen. New Zealand frozen mutton is quoted at 4|d, The total quantity of wheat and flour afloat for the United Kingdom is 1.572.000 quarters, and for the Continent 378,000 quarters. The American visible supply of wheat is 21.250.000 bushels. New Zealand Loan and Mercantile shares are quoted at £3 10s, and the New Zealand Trust and Loan Company, £lO.