COMMERCIAL.

Temuka Leader, Issue 1980, 10 December 1889, Page 4

COMMERCIAL.

AUCTIONEERS REPORT. TIMARU. Messrs Grade, Maclean and Co. report for the past fortnight ending Saturday, as follows: Horses —At the Timaru Horse Bazaar our entries still continue small, notwithstanding the fact that there are buyers for young and sound draughts at prices which ought to satisfy owners. Well-bred upstanding light harness horses are also in request at good values. Our sales are:—For medium to good draughts, £l7 to £22 10a; inferior, £lO to £l4 10s; hacks and light harness horses—for best sorts offering, £l2 to £18; light and weedy, £4 to £B. Sheep—At Pleasant Point, on Monday, the yarding was under the average in numbers, but the quality of the various lots was very good. We sold 104 half-bred ewes and lambs at 14s per couple, 37 merino do at 10s, 40 crossbredewes and lambs at Bs6dpercouple, 56 2-tooths at 8s 7d, 75 fat sheep at 10s. 2d, 90 2-tboths at 8s Bd. At Washdyke yards the entries ot both fat and stores have been small, but now that there are no yard fees charged on unsold stock, we hope to see these yards become more popular with stockowners than they have hitherto been. We sold 20 shorn fat ewes at 8s lid, 25 do do at 7s 9d, 14 do do at 9s 2d. We also placed privately 250 prime freezers.

Cattle —At Pleasant Point sale there was a full yard, but only a few head of cattle for which there was a good; demand. Old cows were largely represented, but not appreciated. Young stores were in fairly good request. At Washdyke, this week, the entry was the largest for months past, and consisted principally of fat and three-parts fat bullocks and heifers. We sold 6 prime bullocks at £B, 5 steers at £6 10s, 2 cows at £5 2s 6d, 3 steers at £4 15s, 6 cows at £3 12s 6d to £3. 6 heifers at £3 12s 6d, 2 cows at £6, 1 do at £4 ss, 5 cows at £2 2s 6d to £2 7s 6d, 24 yearlings at 10s to 19s. We quote best quality beef at 20s per 1001 b. Skins—-All lots to hand were disposed of at full our former quotations. CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report for the week ending Friday, Dec. 6th, 1889: No improvement can be noted in the state of the markets generally, the demand for wheat being affected by the want of tonnage for London. Oats, beyond the small local enquiry, are neglected. Barley—Any prime samples met with a fair enquiry. Beans, were freight offering, could be placed for export. Peas—Feed are in poor request, but true-to-name sorts, such as Prussian Blues and good garden varieties, sell fairly well. Grass seed being off season, both in ryegrass and cocksfoot, there is no business to report. Potatoes—The new crop being in the market has still further reduced the balance of the old. Quotations are nominal. Dairy produce—By the omission of a hue our remarks under this head in our last week’s report were made to apply to apply to potatoes; our friends must somewhat have wondered at our referring to the export of potatoes to London. The demand for butter is restricted owing to the means of transport being unequal to the space required. Large quantities are, however, going forward to London by the various steamers. Cheese remains steady at quotations. The following are our quotations f®r the week:— Wheat—Tuscan 3s 3d, pearl 2s lid to 3s, hunters 2s lOd. Oats—Prime milling 2s 3d to 2s 4d, heavy feed 2s, inferior Is 9d to Is lOd. Barley—Malting 3s 6d, feed 2s. Beans, 3s 3d. Peas—Blue Prussian (true to name) 3s 9d, other sorts (feed) 3s. Pototoes, nominal. Grass seed nominal. Dairy Produce—Butter 5d >to 6d ; cheese, 3|d to 4d. The above prices are those paid to farmers for delivery f.o.b. Lyttelton, sacks extra. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday, the entries in. cattle were large, but sheep were but poorly represented.

Eat Cattle—A large entry, including some of good quality. Competition was animated tor fat cattle. This caused a healthy tone in the market, and an advance of from Is to Is 6d per IOOVb was noticeable. Best beef made from 18a to 22s per 1001 b, and inferior up to 17s 6d, Store Cattlo—An unusually large entry. Late rates were not improved upon. Yearlings made up to 255, three-year-olds from £2 10s to £4 ss. Eat Sheep—One of the smallest entries on record; not enough to supply the local demand. The quality was not of a very high order, but prices were good in consequence of the smallness of the entry. A lino of excellent shorn crossbred wethers from the Ellesmere district topped the market at 16s, and aline of ewes from the same place made up to 12s. Best mutton may be quoted at 2W, and inferior ranged from l-|d to 2d. Messrs Matson and Co. sold for the Levels Estate crossbred ewes from 12a to 13a.

Lambs—There was a very large entry. Superior lambs made from 9s to 11s 2d, and inferior sorts from 6b 3d to 8s 6d.

Pigs—An improved entry to hand for which the demand was slightly better than has been the case at the last few sales, DUNEDIN PRODUCE MARKETS. The following is the report for the, week ending Wednesday: — Wheat—The market here could; hardly be duller than at present.i Prices are nominal at for prime tuscan, 3s 5d to 3s 6d; do red strawj velvet, 3s Id to 3s 3d ; fowls’ wheat,! 2s 3d to 2s 8d (sacks in, ex store). ! Oats —The consignments that are arriving from the country are almost sufficient to supply all requirements,; consequently stocks are not being reduced as rapidly as we could desire.

We quote prime milling, Is 8d to Is 9d; short bright teed, Is 7d to Is 8d; inferior, Is 2d to Is sd. Barley—There is no demand. We quote prime milling (nominal) 3s to 3s 3d ; medium, 2a 6d, Potatoes The demand for old potatoes seems to have completely collapsed, prices ruling from 25s to 40a per ton. Consignments of new kidneys have been coming forward from the North Island and sold at £4 10s to £5 per ton. Chaff—£2 10s to £B, Straw, oaten and wheaten, 355.

Batter —Beat salt, 6d for new season’s.

■ Honey, 4|d. Cheese—New Akaroa to hand, 4id;; old, 2£d to 3£d; factory, 4d to sd. ' Pigs—4d; hams, 9d;rolH and! flitches, 6d to 63d. Grass Seeds—Ryegrass, 2a 6d to, 3s 6d; cocksfoot, to 3|d. Sheepskins Quotations : Good; green halfbreds, 6s 8d to 6s 9d;;

medium, 5s 9d to 6s; inferior, 5s to| 5s 3d; good crossbreds, 6s to 6s 8d ; medium, 6s 6d to 5s 9d ; good'memos,' 6s 6d to 6s lOd; medium, 6s 3d to 5s 6d ; dry country 'skins, 2s 6d to 6a; green pelts, 9d; green lambskins, lOd to Is 3d. Hides—Sale# have been, effected at for best heavy bullock hides, 2fd to 3d ; medium, 2£d to 2£d; light, 2d ; inferior, to l|d. Tallow Good demand. Prime rendered.mutton, 19s to 20s; medium, 17a to 18s ; good mixed, 16s to 17s; inferior, 14s ,to 15s; medium rough fat, 12s to 18s; inferior 10a to 11s, DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted :

Pat Cattle.—The fact of there being no sale at Burmide last week had the effect of sending forward large supplies of fat cattle and lambs, but in sheep the entry was scarcely up to the average in point of numbers. At the opening of the auction were quite £1 per head below those ruling at the previous sale, and this drop was further increased towards the finish to the extent of another 10# per head, in addition to which a considerable number of lots were passed out unsold. Really godd bullocks brought &T to £8 ; a few pens of extra prime to £9 and £9 10a;one bullock (especially heavy) to £11; medium weight bullocks, £5 15s to £6los; light, £4 15s to £5 s# ; cows and heifers, proportiaate rates. — George Todd sold for Mr James Guild (Trevanna), 6 prime bullocks at £8 to £7 17s 6d.

Fat Sheep.—272l yarded; nearly all shorn, and the bulk of medium quality only. The sale opened with a brisk tone, prices showing an adrance of nearly Is per head on rates obtainable at the previous sale; and was maintained until nearly the finish. Prime cross wethers, in the wool, brought 17s to 18s 6d, a few extra heavy, 19s to 26a 6d; medium weight crossbred wethers, 15s to 16s 6d; crossbred ewes 11s to 15s, an exceptional lot to 17s; merino wethers to 11s 6d. In shorn sheep, the best crossbred wethers brought 13s to 14s 3d ; medium weights 12s to 13s 6d ; light, 11s to lla 6d ; ewes, 9s to 13s. Fat Lambs. —1246 penned. Prices at the commencement were a shade easier only than at the last sale. Between the early and closing rates there must hare been a difference of at least Is to Is 6d per head,and even at this drop there was a difficulty- in quitting some of the lines at the finish. The top prices for the best lota .were 10s 6d to 12« j average lines, 8s 6d to 9s 6d ; inferior, 6s to 7s 6d. Pigs—Extra heavy weights brought 50s to 55a; medium, 50s to 425; porkers; 22s 6d to 28s ; stores, 10s 6d ! to 20s. :

ENGLISH MARKETS. London, Dec. 5. At the wool sales prices keep steady though with occasional variations in fayour of buyers. New Zealand mutton, 4|-d; New South Wales mutton, 4d ; New Zealand beef, hind-quarters, 4d; forequarters, 3|d ; Queensland hindquarters, 3^d. Eleven thousand quarters of Australian wheat, January and February shipments, sold at 355, and 6000 quarters at 35s 9d. Both shipments were in iron bottoms.

New Zealand hemp is in poor demand, fine samples fetching £3l. At tbe wool sales to-day prices were a shade easier.

Dec. 6. New Zealand 4 per cent inscribed stock is active at 107. Australian wheat, ex warehouse, is quiet at 39s 6d, New Zealand long-berried wheat, ex-store, is also quiet at 37s 9d.

Sugar, German beet, the market is quiet at 12s; Java ditto, 15s 6d. , Dec, 8. At the auction sales wool reverted to opening prices.