COMMERCIAL.

Temuka Leader, Issue 1961, 26 October 1889, Page 4

COMMERCIAL.

OHRTBTOHUROH STOCK MARKETS,

At the Addington Yards on Wed- j nesday all classes of stock were in , good force, the pens for fat sheep and ( fat cattle being especially crowded. Fat Cattle—The entry this week was an improved one on the previous week ; the quality all round was of a very superior nature. The sale started well, but prices gradually fell away, and a drop of from Is 6d to 2s per 1001 b was noticeable. Beat sorts, as usual, sold well, and made from 18a 6d to 20s per 1001 b, while from 15a 6d to 17s 6d was obtainable for inferior Fat Sheep—An unusually large entry, with a good few superior pens, and prices were firm at last week s quotations till towards the end of the sale, when a decline was noticeable, especially in regard to inferior sorts, Mermos were in good force, and the quality on the whole was good. One line of merinos from Sir John Hall’s estate realised 18s 6d a head, or equal to per lb ; other sorts made from to 2d per lb, according to quality. The ,N.Z. Loan and M.A. Company sold for Mr A. M. Clark, 18 crossbred wethers at 17s 9d, 15 do at 16s Bd, 20 halfbred wethers at 17s lOd, and a line of ewes at 14s lOd to 15s. Lambs—A large entry to hand, which met with a weak demand. The quality all round was of an improved nature; but last week’s rates were not , upheld. Prices ranged from 7s to 1S«. Pigs—A fair entry, mostly secondrate sorts. For really prime baconers the demand was keen, but porkers and stores were neglected. DUNEDIN PRODUCE MARKETS. Tbe following is the report for the week ending Wednesday:— Wheat—lt is really very disappointing to have to record week after week the depressed and almost unchanging state of the wheat market here. If there is any change whatever noticeable, it is certainly for the worse. The chief hope is in a rise in the English market, affording as it would an outlet for our surplus. Prices this week may be given as under:—Prime tuscan, 3s 5d to Bs 6d; prime velvet, 8s 3d to 3s 4d; prime red straw, 3s 2d to 3s 3d; medium (nominal), 3s to to 3s 2d; chick wheac, 2s 3d to 2s 9d. Oats—Encouraged, no doubt, by tbe greatly reduced pricesi that have been accepted for oats during the past week or two, shippers have again come into tbe market, and have managed to clear off very large stocks, with the result that during the past few days prices have hardened somewhat for prime lines to tbe extent ©f Id to 2d per bushel. The lines that have been 1 principally taken up have been best milling and prime heavy feed. Second-class oats have not been in 1 such demand and have not participated in the hardening to which we allude. Prime stout milling. Is lOd to Is lid, sacks extra; prime'short feed, Is to Is 9|d, sacks extra; medium, Is 7d 1 to Is Bd, sacks extra. Barley—Only the very primest samples will be looked at by maltsters or shippers. .Second quality is unsaleable at present. Prime malting, 3ssdto3s6d, saclts extra; medium (nominal), 2s 9d to 3a 2d, sacks extra; feed, 2s to 2s 3d, sacks extra. toss Seed—We quote local-grown machine-dressed, 3s 6d to 4s; do undressed, 2s to 2s 9d, sacks extra; cocksfoot, Id to 3|d, Potatoes—Best northern, £5 10s to £5 15s; best southern, £4 15s to £5. 1 Pigs—Well-fed, 4d to 4id; hams, 8d to 9d }i flitches and rolls, 6d to 6£d. Chaff —Prime, £3 6s to £8 10s; medium, £3; inferior, £2 10s to 1 £2lss.

Turnips, £1 ; carrots, £2. Straw—Oaten and wheatan, £2. Hay—Clover and ryegrass, £3 10s. Dairy Produce—Butter; No demand, for skipping or locally. Cheese: Factory, 4|d to sd; loaves, s£d; Akaroa, to sd. Honey, 4Jd to 4|d.

Sheepskins—On Tuesday, butchers’ best green halfbreds brought 6s 6d ro 7s 3d; medium, 5s lOd to, 6s 3d; best crossbreds, 6s 3d to6s9d; medium, 5s 6d to 6s; light and inferior, 5s to 5s 3d; best merinos (green), 5s 9d to 6s Id; medium, ss3dito 5s 6d; lambskins,'9d to Is Id good dry country crossbreds, 4s to, ss; extra heavy, 6s to 7s 6d; medium, 3s 3d to 3s 9d; merinos, 3s 6d to ss; extra good, to 6s; inferior, Is 3d to 2a 6d, Hides—No change to report in either local or Home markets, Wellflayed heavy hides at to '2|-d; extra heavy, to 3d per lb; medium, 2|dto 2|d; light, 2d; inferior, lid to l|d,

Tallow—Prime rendered mutton, 19* to 20s; medium to good, 17a to 18s; good mixed classes, 16s to 17s; inferior, 14s to 15s; best caul fat (uorendered), 13s 6d to 14s; medium rough fat, 12s to 13s; inferior, 10s to 11s. DUNEDIN BTOOK MARKET. At the Burnside Yards on Wednesday the following business was transacted :

Fat Cattle—ln response to the high rates ruling last week, a much larger entry of cattle came forward, 274 head of all classes being penned. At the early stages of the auction prime beef sold pretty well up to last week’s quotations ; second and third rate descriptions also meeting with a fairly

good sale, though not perhaps so high in proportion. Towards the middle and close o£ the day’s transactions, however, inferior cattle ruled from 5s to 7s 6d per head below the first sales, an d nearly 10s per head below those cnrrent last week for cattle of the same weight and class. Prime bullocks brought £9 10b to £lO 10s: extra heavy. £ll 10s to £l2 12s (Jd; m edium weights, £7 to £8 10s; light a nd inferior, £8 5s to £8 ss. tieveral 1 ines of store cattle were yarded in the fat pens, and these were sold at £3 10s to £4 15s. Cows and heifers brought proportionate rates. John Qrindley sold for Mr Samuel G-arforth (from Trevenna, Temuka), 6 prime bullocks —2 at £l2 12s 6d, 3 at £ll 15s, 1 at: £ll 7s 6d. Pat Sheep—lß34 yarded, of which about 100 were merinos. Prices generally were decidedly better than last week. Prime crossbred wethers brought 155 1 6 dto 16s 9d, and one pen’ extra heavy to 17s; medium to goed, 13s to 15s; heavy weight crossbred ewes, 13s to 14s; medium, 11s !to 12a 6d; merino wethers, 10s to 14s. Pat Lambs—2s6 yarded, nearly the whole of which were of good to prime quality. Anything like decent lines sold at from 9s to 10s 6d; a few extra choice lots lls 6d to 13s 6d.

Pigs—2l9 penned. Owing to the lateness of the season baooners slightly fell; stores were in good demand. Bacon pigs sold at 38s to 50s ; porkers, 28s to 355; well grown stores, 26s ito 325; suckers and weaners, 6s 6d to 14 s. AUSTRALIAN MARKETS. Sydney, Oct, 23. Wheat, chick feed, 3s 4d to 8s 6d; New Zealand, 3s 8d to 4s. Plour, New Zealand stone-made, £9 6s to £9 15s; roller-made, £lO 5s to £ll. Oats, are dull, feeding Sorts, 2s 7d to 8s; seed, 3s 3d. Maize, 8s 2d stq 8s 3d. Barley, Cape, 2s 8d to 2s lOd. Bran is quiet at Bd. Pollard Chaff, New Zealand cut, £5 10s to £5 15s. Oatmeal, £l3 to £l3 10s, with the market quiet. Potatoes, dull at £6 ss, with a tendency to decline. Butter, dairy-made, 5d to 8d; factorymade, 8d to 9d. Cheese, locallymade, 6d to 6d; New Zealand made, 6d. Bacon, 6d to 7d ; New Zealand cured, 9d. Hams, Is. Melbourne, Oct. 23.

Wheat, 5s 3d. Gats; New Zealand, heavy feed, 3s 3d. Maize, 4s' 6id. Barley, 8s 7d. Bran, Is lid. Peas, 4s lid. Sugar, fine Queensland whites, £26; yellows, £2O 10s. Adelaide, Oct. 23.

The wheat market is stagnant at 4s lOd to 4s lid. Plour, stone-made, £lO 10s to £11; roller-mado, £ll 10s £l2. Oats, 3s lOd to 4s 2d, duty paid. Bran, 8d to B£d, Sugar, finest Chinese whites, £27, ENGLISH MARKETS. London, Oct. 23. The total quantity of wheat and flour afloat for the United Kingdom is 1,792,000 quarters, and for the Continent 468,000 quarters. The American visible supply of wheat is 22,000,000 bushels.

The dock and warehouse proprietors hare announced that, owing ■to the recent strike, there will be an increase in the consolidated rate for wool of about 15 per cent.