COMMERCIAL.

Temuka Leader, Issue 1943, 14 September 1889, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKETS. At the Addington market on ■Wednesday the entries of all classes of stock were extremely small. Fat Cattle—A small entry yarded, consisting to a large extent of rough-looking-and inferior sorts. Prices, however, showed.fl slight improvement on last week’s rates. For the better Boris competition was extremely brisk, and in several cases as much as 19s 6d per 1001 b was obtained for first-class beef, while inferior made from 16s to 17s 6d. Heifers sold at from £4 10s to £6 15s; steers up to £7 7s, and cows at from £3 to £4 10s. Fat Sheep —This was the best represented class of stock in the dry':yards. Prices throughout the saio were low. Merinos were in good force, hut the demand for them was

not great. Best mutton may be quoted at. 2£d per lb, and inferior from to 2d.—Messrs H. Matson sold for Mr B. Bayley, crossbred wethers at 13s 8d and 15s 4d, maiden ewes and wethers at 12s 6d. Messrs Pyne and Co. :Sold for Mr Guerin, 30 wethers and maiden ewes at 14s 9d, 30 do at 14s 3d; for Mr J. Page, halfbred ewes at 12s 6d.

Pigs —Porkers sold at from 12a (o 29a; baconers to 395.

DUNEDIN PRODUCE MARKETS

The following ia the report for the week ending Wednesday: — Wheat —The past week has been more than uanally quiet, as far as transactions in wheat are concerned, and, in fact, the remark applies to all classes of grain. The local millers who up to the last fortnight had been purchasing regularly (although in small lots and at reduced rates) have still further contracted their requirements, and at the present lime it is almost impossible to effect sales, unless on the basis of still lower values. Our stocks will have to be reduced in some way, and this can only be done to anything like an appreciable extent though the medium of , outside markets. Prime milling wheat may be quoted here nominally at 3s 7|d to 3s 9d; medium, 3s 5d to 3s 6d; inferior, 8s 3d ; fowls’ wheat, 2s 6d to 3s.

Oats—Any slight desire on the part of speculators as shown last week for the purchase of oats has again subsided, and at the present time it is impossible to do business at anything like recent quotations. Prime milling is quoted at 2s 8d to 2s sacks extra; bright stout feed, 2s 5d to 2s 6d; inferior to medium, 2s 3d to 2s 4d, sacks extra (ex store). Barley—ln this cereal there is even less doing than in wheat and oats. Anything specially prime might be moved off at about 3s 6d per bushel, but other descriptions are unsaleable unless at prices very little better than what such lines are worth for milling, ■Nominal quotations for such are 3s to 3s 4d ; good milling, 2s to 2s lOd, ex store, sacks extra. |Eyegrass—Lecal grown machinedressed may be quoted at 4s 3d to 4s 9d; undressed, 3s to 4s; Poverty Bay, of which there is very little in ?the market, 5s to 6s 6d.

Cocksfoot—During the past week several purchases have been made from Banks Peninsula' which enables buyers to quote at from 3|d to 4d per lb, and these are about the current rates for good seed at present. Potatoes—The potato market remains still without any alteration. We quote best Northern, 90s to 955; medium, 80s to 85s ; Southern, best, 70s to 75s per ton, , Chaff—Best oaten, £3 15s to £4; ordinary, £3 to £3 10s. Pigs—Well fed up to 1801 b, 4d to 4^d; small and large sizes, 2d to 3|-d. Hams, 8d to B^d; rolls and flitches, 6d to 6|d,

Turnips, 17s; carrots, 35s to 40s. Straw, oaten and wheaten, 40s, Clover and ryegrass hay, 65s to 70s. Butter Salt butter: Although Home buyers are now amongst us to buy New Zealand stocks, nothing can be done, as no space can be got in Home steamers. Honey, 4|d to Cheese —Factory, 5d to sid; Aakroa, 4d to 4£d.

Sheepskins—:On Monday large sized early shorn green halfbreds brought 5s Bd, 5s 6d, to 5s 9d in good sized lots; specially selected skins,' 6s to 6s 3d ; best crossbreds, 5s 3d to 5s 8d; extra heavy, to 6s and 6s 3d ; medium of both classes, 4s 9d to 5s ; inferior, 4s 4d to 4s 6d ; best merinos, 4s 6d ! , ss, to 5s 8d lot, 3s lOd to 4s 3d; inferior, 3s ,6d to 3s 9d; dry crossbreds: first quality 4s to 5a 3d, double fleeces to 7s, medium 3s 3d to 3a 9d, inferior 2s 3d to 2s 9d ; merinos, 2s to 4s 9d.

Hides—Best dry salted and well flayed bring 2fd to 3d per lb; medium, 2?d to 2|d; light, 2d ; damaged and inferior, lid to l|d per lb. Tallow —Locally, best mutton is saleable at 20s to 2ls; good mixed, 17s to 18s 6d; ; inferior, 15s to 16s; prime unrendered fat, 13s 6d to 14s ; medium, 12s to 12s 6d; inferior, 10s 6d tolls.

DUNEDIN STOCK MARKET,

At the Burnside Yards on Wednesday the following business was transacted ;

Fat Sheep—327s yarded, 620 being merinos. The sale, as far as good wethers were concerned, opened better than last week, and more satisfactory prices were obtained; but towards the close competition fell off, and values at the finish' were quite Cd per head lower than at the start, even for the best sheep. The merinos on offer were not of a very grand class, and sold at from 5s 6cl to Bs. Prime crossbred wethers brought 14a to 15a —a few pens, 15s 9d to 16s; medium weights and mixed sexes of fair quality, I2s to IBs; light, crossbreds, 8s Gd to 10s 6d; half-bred-downs, Gs Gd to 10s Gd ; best ewes, lls Gd to IBs—a pen or two beyond the last mentioned figure, light to medium, 8s to 10s Gd. Fat Lambs —A few to hand, but rather young. Prices ruled from 6s 3d to Ss 9d.

Fat Cattle —144 head yarded. Bullocks of good weight and prime quality sold at an advance of from 10s to 15s per beast, and ie special inshv-v-os rather more; fair average hues tc 10s rise, while light and ■ consignments changed bauds v»i; i.-ni;

showing much alteration in prices. Prime bullocks brought £8 10s to £lO 10s; medium bullocks and good cows, £6 5s to £7 10s; inferior, £3 10s to £5 5s per head.—Messrs Wright, Stephenson and Co. sold for Mr James Guild (Trevenna) 6 prime bullocks at from £9 12s 6d to £9; for Mr A. Kelman (Annfield’s farm) 7 cows at from £5 5s to £4 10s. Mr John Grindley sold for Mr James Guild (Trevenna, Temuka),l2 prime bullocks at top price —viz., 2 at £lO 10s, 2 at £lO, 2 at £9 15s, 2 at £9, 2 at £8 10s, 2 at £B. Pigs—l 76 yarded. Bacon pigs brought 58s to 65s for the heaviest; medium, 40s to 6Bs; porkers, 25s to 355; stores, 17s to 255; weaners, 8s to 15s.—Messrs Reid, Maclean and Co. sold for the N.Z. and A. Land Company (Levels) 6 bacon pigs at 53 s 6d, 5 at 49s 6d, 5 at 44s 6d, 6 at 38s, 4 at 32s 6d.

AUSTRALIAN MARKETS

Sydney. Sept. 11l Wheat, chick feed, 3s sd; Now Zealand milling, 3s lOd to 4s 2d (there is very little but New Zealand wheat in the market) ; Californian, 4s 6d to 4s 7d; Adelaide, 5s 2d to 5s 3d.. ITour, stone-made, £9 15a to ‘£lo ss; roller-made, £lo'.loa ■to £ll ss. Oats, feed, 2s 9d to 8s Id ; seed, Sa 2d to 3s 3d. Maize, 3s to 3s 2d. Barley, Cape, 3s 6d, nominal. Bran, 9d. Pollard, 8H Blue Prussian peas, 4s 3d to 4s 4d. Chaff, New Zealand cut, £5 15a. Potatoes, New Zealand, £4 15s; Circular Eeads, £5 15s. Onions, Victorian, £29; Californian, £3O, Butter, imported separator made, 9d to Is. Cheese, New Zealand, 6d to 6H- Bacon, New Zealand, to 9d ; hams, Is. Melbourne, Sept. 11.

The wheat market is easier; prime quality, 5s sd. Oats, firm, New Zealand, 4s Id. Maize, 4s. Barley, New Zealand, inferior, ss. Bran, Is 2d, Pollard, Is 2d. Peas, 4s lid. Adelaide, Sept. 11. Wheat, 4s Jld. Flour, stone-made, £lO 10s to £lO 15s; roller-made, £ll 10s to £ll 15s. Oats, New Zealand, 4s 3d. Barley, malting, 4s 6d to 4s od. Bran, 8d to Bid. Pollard, lid to ll^d.

ENGLISH MARKETS.

London, Sept. 10. In consequence of the strike the wool sales have been postponed until the 24th instant. All arrivals till then will be available.

The cargo of wheat by the barque Earlscourt from Timaru has been sold at 32s 6d. New Zealand frozen mutton is neglected, The present quotation is s£d. September 11.

The total quantity of wheat afloat for the United Kingdom is 1,788,000 quarters, and for the Continent 348,000 quarters. The American visible wheat supply is 14,125,000 bushels.

New Zealand cheese averages 435. No butter is offering at present.

The New Zealand Loan and Mercantile Agency Company, Limited, received the following London cablegram London, Sept. 10.

■Wheat—New Zealand tuscan is worth 37s per 4961b5, ex warehouse; New Zealand, average, 34s 3d, ex warehouse.

♦ Frozen Mutton—There is little demand. Canterbury and Wellington are worth, respectively, s|d and 4{d per lb. Beef—The market is firm. Hindquarters are worth .4|d per lb; forequarters, 3ld per lb. i