COMMERCIAL.

Temuka Leader, Issue 1911, 2 July 1889, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORT. TIMAKU. Messrs W. Collins and Co.,Timaru, report for the week on the grain market as follows: Wheat is offering freely, but the figures which growers are asking completely stop business. For spot lots tinman is worth 3s 3d to 3s 4>d, velvet and hunters white 3s Id to 3s 2d, red chaff 2s lOd to 3s, if fit for seed 3s 2d. Oats —Holders are asking too high a figure, and as a result Southland is supplying the Australian markets. Farmers’ parcels of cocksfoot and ryegrass seeds are in good demand at 2Xd per lb cocksfoot, rye 2s Gd to 2s 9d per bushel. Damp and sprouty fowl wheat is enquired for at 2s 4d to 2a Gd per bushel. Broken wheat, according to sample, 2 s is the top price.

Derwent potatoes 60s, kidneys 90s; onions £2O per ton. The above quotations are on trucks at Timaru, sacks extra. At auction a nice entry of hams and and bacon brought 4£d to per lb, lard 3d per lb, mutton 3s per side (equal to Id per lb), farmers’flour lis per 2001 b per sack, fowl wheat 5s to 9s per sack, pig feed 7s 6d per 2001 b sack, potatoes 7s 6d per sack. Mr E. R. Guinness (for the New Zealand Loan and Mercantile Agency Company, Limited) reports for the week ending Saturday, June 291 b, as follows ; Washdyke Yarks.—Eat Cattle— Only small entries came forward. With the exception of a few pens of average quality, the bulk of the yardings have been only equal to stores; the demand being weak very few changed handsi Beef may be quoted at 15 sto 16s per 1001 b. Stores—The price and demand for this class of stock show no improvement. Several lines have been yarded and returned without finding buyers.— Fat Sheep—This market has been well supplied, and the district is full of sheep fit for export, and values are inclined to recede. W© sold on behalf of the following' clients: —Messrs F. Oldfield, A. Grant, Garrick, and Cowlishaw, James Coll, and others, 241 nice quality crossbred ewes and wethers at 13s Bd, 130 do do at 13s 9d, 149 2 and 4-tooth crossbreds lls 7d, 200 prim© fat crossbreds (medium weights) at 14s sd, 57 fat merinos at 9a, ■92 crossbreds 2 and 4-tooth wethers, 108 2 and 4-tooth crossbred ewes 10s 3d, 55 old crossbred ewes at 7s Id. There is a fair demand for crossbreds in good condition and hoggets, and they find buyers at current rates. Sheepskins—On Wednesday last we cata’ogued some 700, which brought the following prices :—Best butchers’ crossbreds 4s 6d to ss, second quality 3s 6d to 4s 3d, best merinos 4s 6d to 4s Bd, medium 3s to ,4s 3d, country lots from 2s to 4s 3d, according to size and Condition. Hides—We have quitted all on hand at late quotations. Fat—We have: disposed of rough medium quality iat 10b to lls, best 12s 6d to 13s 6d»per cwt. AUSTRALIAN MARKETS. Sydney, June 28. The deliveries of breadstuffs during the week were From Tictoria, 167 tons flour; from Adelaide, 325 tons flour, 65 tons wheat; from New Zealand, 391 tons of lions flour, 1117 tons wheat. Owing to the dry condition of the wheat from. New Zealand, it is now being milled without any mixture of South Australian wheat. New Zealand and Californian wheat is weaker, and is now quoted at 4s to 4s 3d. June 29. Of the quantity of wheat required to supply the deficit in the colony considerably more than one third has arrived or been arranged for. As the market is at present shaping, prices seem likely to give little inducement for further shipment from California for some time, Already business is being done at prices that preclude a possibility of profit. ENGLISH MARKETS. London, June 28. The wool market is very firm, especially in fine merinos and crossbreds, Fine medium greasy crossbreds have advanced Id per lb. The Americans are purchasing freely, ■ New Zealand mutton is selling at 6fd per lb,, New Zealand lamb at B|-d. Beef —Hind-quarters, 4d per lb; forequarters, 3fd per lb. The present stock on hand is 5000 carcases mutton. Consols, 96i, ex dividend. New Zealand 4 per cent inscribed stock, 105 f, market recovering. Ausf:alian wheat, ex warehouse, 38s 6d ; market depressed. New Zealand long berried wheat, ex store, 88a; quiet. Sugar, G-erman beet, 28s, with rising tendency; Java, 25s 6d, June 29. New Zealand hemp is selling at £29 15s to £3O, At the wool auctions medium and inferior greasy merino and coarse crossbreds have fully maintained the prices ruling in May. Foreigners are buying freely. Fully two-thirds have been taken for export. The American wheat crop is estimated at over 500,000,000 bushels. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated June 28th, 18S9:— Wool —Since the opening of the sales superior greasy, greasy merino, and fine greasy crossbred have advanced per lb. Scoured has advanced to Id per lb. Other descriptions are unchanged. Competition by beth home and foreign buyers is active. Up to date 120,000 bales have been sold. Tallow is dull of sale. Quotations nominal. Good mutton tallow is worth 27« per cwt; good beef tallow 25s 3d per cwt. Flax—Market drooping; medium is worth £2B per ton. Frozen Meat—Mutton market firm. Canterbury mutton is worth 6»-d per lb ; Wellington mutton is worth o|d per lb. Lamb market firm, Canterbury lamb is worth 8-M per lb. Beef, market sluggish; forequarters are j worth 3-£d per lb, and hindquarters 4d per lb. I