COMMERCIAL.

Temuka Leader, Issue 1913, 6 July 1889, Page 4

COMMERCIAL.

AUCTIONEERS' REPORT,

GERALDINE. Messrs Webster and Macdonald reports as follows on the Geraldine fortnightly stock sale : We held our fortnightly sale on Wednesday last, and again a large supply of first class stock came to hand, indeed, the supply was largely in excess of the demand, causing values to recede in many cases from Is to Is 6d per head in the fat sheep and stores, on account of the scarcity of feed and being difficult to quit. Our sales were on account of Messrs McKenzie, fat ewes up to 10s; Allan Macdonald, forward 2-tooths 11s 6d ; Squires, halfbred 2-tooths 11s; H. Hunter Brown, cull ewes 4s 3d; Helena, ewes up to 8s 6d; Macdouald, 2-tooths at 10s 6d; Brown, line of fat ewes at 8s 9d.

Fat and Store Cattle—A slow and dragging sale. Fat steers from £6los, 2-year-olds .well doing stores, from 80s.

CHRISTCHURCH STOCK MARKETS,

At the Addington Yards on Wednesday, the entries of all classes of stock were fairly numerous. Prices in a! 1 classes of stock, except cattle, ruled in favor of buyers. Fat Cattle —A very small entry. Best heavy-weight bullocks showed from Is to Is 6d per 1001 b advance, but inferior beasts did little more than hold their own in regard to value. The general tone of the market was about 17s 6d per 1001 b, but in some cases as much as 18s 6d per 1001 b was obtained. Steers realised from £4 10s to £6 15s, and heifers from £5 5s to £B,

Store Cattle —Market very dull. A line of well-conditioned 3-year-old steers brought £2 16s per head. Dairy Cattle—Best dairy cows in full profit sold from £4 to £6 15 s, and inferior beasts went from £2 to £3 10a.

Pat Sheep —An extremely large entry, the quality on the whole being slightly above the average. Prom start to finish the sale dragged greatly, and, as prices were very poor, several pens were passed in. Best crossbred mutton made from lid to 2d a lb, while inferior in some cases failed to realise Toward the end of the sale, however, in some instances late values were fully maintained. Best crossbred wethers made from 12s to 17s 9d, do ewes lls 9d to 15s, and mevinos changed hands at prices ranging up to 9s 3d. The N.Z. Loan and M.A. Co. sold for Mr A. M. Clark, Arowbenua estate, 54 crossbred wethers at 14s, 35 crossbred ewes at 13s sd, 80 do at 13s 3d, 25 do at 12s 9d, and 22 do at 12s Bd, Store Sheep—The following prices were obtained :—Prime crossbred wethers, 9s to lls; do ewes, 7s 6d to lls. Merinos were poorly represented, the highest price obtained being 5a for ewes in lamb.

Pigs Baconers sold extremely well, at prices ranging up to £2 14s, while porkers made from £1 to £llss a head. DUNEDIN PRODUCE MARKETS. The following is the report for the week endiqg Wednesday:— Wheat —The wheat market shows no signs of improvement. Millers are still purchasing very sparingly and only for immediate requirements, and unless holders agree to accept a considerable reduction on present prices we do not see much chance of effecting sales. Quotations: —For prime northern red straw and velvet, 3s 8d to 3s 9d; tuscan, 3s lid to 4s; medium, 3s 3d; inferior and fowl wheat, 2s 6d to 3s (ex store). Oats—The market for the past week has been quiet, and we do not look for an improvement until the large stocks which have lately gone forward to Melbourne are disposed of. Present prices are; For best 2s 9d to 2s 10id; best short bright feed, 2s 8d to 2s 9d; medium, 2s 6d to 2s 7d; inferior and discolored, 2s 4d to 2s 5d (ex store). Barley—Only very prime samples for shipment are inquired for, with very few offering. Milling and feed samples are dull of sale. Prime malting, 3s 7d to 3s 9d; medium, 3s 3d to 3s 6d; feed and milling, 2s 9d to 3s 3d, Potatoes Northerns are scarce, and in good demand at from 85s to 87s 6d; southern, 75s to 80s for good; inferior, 30s to 60s. Grass Seeds —Eyegrass, 3s 6d to 6s 6d; cocksfoot, 3d to 3^d. Pigs—Well-fed, up to 1801 b, 4d to 4£d; hams, 8d to 9d ; rolls aud fletches, 6d to 6|d. Chaff—Heavy clean oaten, £3 15s to £4; medium, £3 to £3 10s; straw chaff, £2.

Turnips, 17s to 20s; carrots, 40s. Straw Oaten and wheaten (hydraulic pressed in bales), 40s; hay, oaten, clover, and ryegrass (hydraulic pressed in bales), 70s.

Butter —Prime, salt almost nominal and scarcely quotable. Honey, 4£d to 4id. Cheese—Akaroa, 4id; loaves, sd; factory, &|d to 6d. Sheepskins—On Monday medium crossbreds brought Is 6d to 8s 6d ; do merinos, Is to 3s 6d; full-woolled crossbreds, 4s to 6s 6d; do merinos, 3s 9d to ss; pelts, 4d to Is; butchers’ green crossbreds (special heavy for mats), 0s 6d to 6s 6d; other sorts (for good), 4s to ss; medium, Ss to 3s 9d; green merinos, 2s 6d to 4s.

Hicks—Quotations are; For heavy weights in good condition, 2fd; medium, 2fd to 2-jjd; light weights, 2d ; inferior, 1-id to Ifd. Tallow—A good demand exists for all lots coming forward at following quotations:—Prime mutton, 20a to 21s; medium, 17s to 19s; inferior, 12s to 15s; clean rough fat, 13s to Ms; inferior, 9s 6d to 12s 6d. DUNEDIN BTOOK MARKET. At the Burnside Yards on Wednesday the following business was transacted ;

Fat Cattle—An unusually small number came forward, only 97 head being yarded, principally medium and inferior quality. There was keen competition right through, and prices showed an advance of from 15a to 20s per head on late rates. A few pens prime quality bullocks brought from £8 10s to £10; medium, £6 10s to £7 -15 s; inferior, £4 10s to £5 10s. — Wright, Stephenson and Co. sold for Mr M. Guerin (Winchester), 7 steers at from £7 2a 6d to £6 2s 6d, Fat Sheep were again in full supply —3282 being penned, 380 of which were merinos. The quality was principally inferior. Anything prime and fit for freezing showed a slight improvement on last week’s prices. Best crossbred wethers realised from 13s 6d to 16s; medium, 11s 6d to 13s;

best crossbred ewes, 10s 6d to Ms; medium, 7s to 10s; merino wethers, 7s to 14s.—John Grindley sold for Mr T. Mitchell (Seadown), 60 crossbred ewes at lls 9d to 14s.

Fat Lambs—Only 13 forward, and they realised 7s 6d each. Dairy Cows—Prices ranged from £3 10s to £6 10s.

Pigs—Only 138 penned. Suckers, 8s to lls; stores, 13s to 21s; porkers, 30s to 86s; baconers, 41s to 51s; and a few extra heavy weights from 61a to 675.

AUSTRALIAN MARKETS,

Sydney, July 3. The wheat market is very dull. Chick feed, 3s 4d to 3s 6d. New Zealand milling, nominal, 3s lid to 4s 3d. Flour, stone made, £lO 10a; roller made, £lolss to £ll ss. Oats are easy at 2s lOd to 3s Id. Prime maize is scarce at 3s 3d ; for inferior samples, 2s 6d. Barley, Cape, 3s to 3s 4d, Bran is quiet at ll|d to Is ; pollard dull ;at Is Id. Chaff, New Zealand, oaten, £6 lOs per ton. Potatoes, there are no New Zealand on the spot; a nominal quotation is £4 15s; Circular Heads, £5 10s. Onions f :om New Zealand are landed in bad condition. Butter quotations are unaltered, though firmer. Best quality imported separator made, lOd to Is; dairy made, 6d to 9d, The cheese market is glutted. Quotations, s|d to 7d. llacon, 6*d to plentiful.

Melbourne, July 3. The grain market is quiet. Wheat, nominal, 5s 7d. Flour, stone brands, £ll 10s; roller made, £l2 and upwards. Oats are steady at 4s sd. Maize, 4s. Barley is quiet; prime New Zealand malting, 5s 8d ; Cape, 4a. Bran, Is 3d. Peas, Sugars, rations, £27 15a ■, greyish whites, £34. Adelaide, July 3. The wheat market is quiet. Farmers’ lots, 4s 9d ; shipping parcels, 4s lOd. Flour, stone, £11; roller, £l2. Oats, 4s 3d to 4s 4d, with a fair enquiry. Barley, malting, 4s 3d to ss. Bran, to Is. Pollard, Is 2-g-d. ENGLISH MARKETS. London, July 3. Biddings at the wool sales to-day were animated and prices firm. The quantity of wheat and flour afloat for the United Kingdom is 1,672,000 quarters, and for the Continent 216 000 quarters. The Ame ican visible wheat supply is 15,375,000 bushels. New Zealand mutton is selling at 6|d per lb. Leather; best hides, BJd to 9d. At the wool auction to-day fine crossbreds and good merinos, especially New Zealand scoured, sold, well. Prices for middle merinos are irregular. An Australian wheat cargo has been sold at 34s 6d.