COMMERCIAL.

Temuka Leader, Issue 1924, 3 August 1889, Page 4

COMMERCIAL.

OHRISTOHUROH STOCK MARKETS. At the Addington Yards on Wednesday, all classes of stock were well represented, in number, but quality was at k discount. Eat Cattle—This class of stock wa» i not very largely represented, and the quality on the whole was poor. Bidding was:spirited from start to finish. Best heavy-weight bullocks made from £6 to ; £7' lOh, and inferior beasts up to £5 10s. Heifers made from £4 to £6 10s, and cows went up from £4 to £8 10s. Dairy Cattle—Bidding was slack, and there was no advance on late rates. ■ Eat Sheep—There was a rather large supply of mutton yarded this week, biit only about one-third was really fit, the rest being rather poorconditioned. Prices fell on an average about Is per head. Best crossbred wethers .made from 15s to 20s 6d; inferior • ones; from 10s upwards. Ewes went from 9s to 10s 6d, and merinos,'which were not numerous,’ made from 7s 6d to lls. The highest price.obtained during the sale was 20s 6d, J which was got by Miles and Co. for a pen of enormous crossbred wethers from the Ohatmoss Estate* Best pautfcqn may be quoted ;at 2£d per lb, wliile inferior ranged from l|d to 2d per lb. r Store x Sheep —Crossbred wethers went frdm; 6a to; lls 4d, ewes (in lamb) from 6s to 8s (3d, and a line of lambs made from 8s to 9s 6d. -

iPigs—There was a. large number of pigs brought forward, including several really prime baconens, some r of which made-as much as £3 17s fid. Prices, hdweVnf;lwere a shade easier than at lasV week’s sale, especially in the case of store pigs.

DUNEDIN PRODUCE MARKETS.

The following is the report lor the week ending Wednesday:— ,Wheat— The wheat market seems to have settled down into a quiet steady groove, its condition having been unchanged for the past week or two as regards, either demand or price. While occasional - lots are changing bands at quotations, these are confined to choicest grades, and only the requirements of the millers have to be supplied, for in shipping there are no transactions, Quotations are: For prime milling, 3s 9d to 3s lOd —extra tusean Id more; medium to good, 3s 3d to 3s 6d; inferior and whole fowls’wheat, 2s 6d to 3s (ex store). Barley—A . slightly better demand has been experienced lately for barley, but only for the primest lines, and as there is not a great quantity of this to hehad business has not been extensive. Prime may be quoted at 3s 8d to 3s 9d,; feed and milling, 2s 6d to 3a 3d (exstore)., , Oats—Business in this cereal has been quieter during the past week than in any previous one since the opening of the season. The announcement that the increased duty on cereals in Victoria is supposed to come into operation on Ist September, it is hoped, may cause the market to show increased animation during the next ten days or fortnight. Quotations at present are: Prime milling, 2s 9d to 2s lOd ;hest short feed, 2s 8d to ; 2s 9d; medium, 2s-sd-to 2s 7d (ex store). Grass Seeds —Ryegrass seed, guaranteed perennial essed, is in improved demand, and selling in considerable quantities. We quote machine-dressed, 4s t« 4s 6d; undressed, 3s to 3s 9d. Cocksfoot: The supply is fully equal to the demand, and selling at—for best, 4d to 4|d; inferior to medium, 2fd to 3fd per lb. (V^....

Potatoes —Amoderately fair demand continues to exist, :but the market is fully supplied. Best northern are worth 95s to 97s 6d ; best southern, 87s 6d to 90s; inferior to medium, slow sale, at 30s to 70s, According to quality. Pigs—Well fed, up to 1801 b (beads off), 4|d. Hams, Bd* to flitches and rolls, 6d to 7d. Chaff—Heavy oaten-sheaf, £3 15s to £4; straw, no sale: Turnips, 17s to 20s; carrots, 35s to 40fl. ■ .... Straw, ’ oaten and wheaten, 40s; hay, clover and ryegrass, 65a to 70s, Butter—Salt, no demand; fresh* plentiful:! Cheese ■— Akaroa, 4d to 4|d; factory, 5d to s|d. Eggs, plentiful; honey, to 4|d.'

On Monday good lines o£ green crossbred skins brought 4s 8d to 5s 3d; specially selected lots 5s 6d tp 6s; medium crossbreds and good halfbreds, ,4s to 45,4 d ; inferior, to 3s 9d; green- merinos, 3s to 4s; lambskins, 2s 6d. tp Bb 6d; dry country skins, Is 3d to 5a occasional heavy fleece or two to" 6s.

Hides— Prime heavy 1 dry salted 2f d, exceptional lots ■ a shade over; medium, 2fd to 2fd; light, 2d; inferior, If dto If cl; bulls, Ifd. Tallow—Prime rendered mutton, 20s to 21s; good mixed classes, 17g to 48a inferior, 12s 6d to 15s; best caul fat (unrendered), 13s to 14s; medium .lls to 12s; inferior, 9s 6d to 10s 6d.

DUNEDIN STOCK MARKET,

At the Burnside Yards on Wednesday the following business was transacted : 3Tat Cattle—279 bead yarded, and taking the day’s transactions as a whole, there was an average decline

of quite 10s per head on fat cattle (and in some instances rather more), the best lines suffering less in comparison than the lighter classes. Good bullocks brought £7 15s to £8 10s and £9—an exceptional pen or two as high as £9 10s up to £lO ss. Medium weights, £6 10s to £7 10s; inferior, £3 10s to £5 10s. Eat Sheep—A very large supply. 4377 penned, including 300 merinos. On the whole the quality was above the average. There was a fair trade demand, and any offered unsuitable for killing were taken up by graziers, but this class with aged ewes scarcely fetched late rates. Best crossbred wethers brought 14s 6d to 15s 6d; one or two pens extra heavy, 16s *to 17s 6d; ordinary, 9s 6d to 13s 9d; best crossbred ewes, lls to 13s; ordinary, 7s 3d to 10s; merino wethers, 7b 3d to 10s 3d. Eat Lambs Thirty penned,’) and prices ranged up to 10s 3d; Pigs—Of pigs there were only 93 penned, and these met with'a satisfactory demand, lines suitable for curing purposes selling , at a decided advance on last week’s rates. &ood bacon pigs brought 50s to 60s; light weights, 37s to 48s; porkers, 1 20s to 30s; weaners, up to 15s 6d.

AUSTRALIAN MARKETS 1 ' 1

Sydney, July 31. Wheat, chick, weevily, 4s;: good, 3s 5d to 3s 6d ; New Zealand milling, 3s 9d to 4s 3d; market steady; Californian, 4s 7d > Adelaide, 5a 2d to 6s Sd,' Elour, New Zealand stonemade, £9 15s to £1010s; roller-made, £lO 15s to £ll ss, Oats, feeding, 2s lOd to 3s Id ; seed, 3a 3d. Maize, 3s to 3s Id, Barley, dull; Oape r 2s 8d to Bs. Bran, Peas, .Blue Prussian, 4s 4d to 4s 6d, Potatoes: New Zealand, £5 5s to £5 10s, Circular Heads, £5 10s to £5 15s. Onions, £2l to £22. Butter, imported separator-made, 6d to Is; local, Is 2d to Is 6d. Cheese, dull, 5d to 7d. Bacon, 8d to 9d. Hams, la. Melbotjenb, July 31. Wheat, 5a 6d, Flour, stoue-made, £1110s; roller-made, £l3 ss. Oats, 4s Id. Barley, Cape. 3s 10d; malting, 5s lOd. Peas, 6s. Adelaide, July 31. Wheat, market quiet but firm; farmers’: lots.; at outports, 4s ;8d; ’at Port Adelaide, 4s lOd; large lots, 4s lid. Elour, stone-made, £lO 15s to £ll ; roller-made, £ll 15s to £l2. Oats, 4s 3d to 4s 4d. Barley, malting, 4s 6d to ss. Bran, 9fd to lOd. Pollard, Is 2d,

ENGLISH MARKETS,

London, July 30. New Zealand frozen meat is neglected at present. Mutton : is quoted at s|d. July 31. The quantity of wheat and flour afloat for the United Kingdom is 1,772,000 quarters, and for the Continent 224,000 quarters. The American visible supply is 12,125,000 bushels. August 1. Wheat is slightly cheaper, owing to the fine weather. Messrs Nelson Bros, have received

the following cablegram from their Lendon office :’— “ Mutton market steady; best quality, sd, Beef: Hindquarters, 4|d; forequarters, 3d.”