COMMERCIAL.

Temuka Leader, Issue 2014, 1 March 1890, Page 4

COMMERCIAL.

TIMARU WOOL SALES,

The third sale of the season was held on Tuesday last, in the Assembly Rooms. A total of 1256 bales was catalogued. Prices obtained were : Half-bred to lOd, crossbred to 9£d. Merino—Locks to sd, Ist pieces 7fd, bellies to 6Jd, stained pieces to sfd, sandy to 7-kd, combing to and clothing to 9d. A good deal of the wool was passed in, but most of it was afterwards privately. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday the supply of all classes of stock showed an improvement on recent sales. Pat Cattle—An improved supply was on offer, and met with a slightly better enquiry. All first-class sorts were in good demand, and made Is to Is 6d per 1001 b on late quotations. Second-rate beasts also met with better enquiry, and realised from 13s to 15s per 1001 b, while best sorts went from 15s 6d to 18s 6d.

Fat Sheep—The entry showed considerable improvement on last week’s sale.. Values were well up to last week’s quotations, freezers being very easy, to dispose of, but toward the end of the sale a slight decline was noticeable, particularly amongst butchers’ sheep, crossbreds sold up to 15s 9d and merinos up to 10s 3d. Fat Lambs—There was considerable improvement in this' department,'both in numbers and quality, A particularly fine lot made from 12a 6d to 13s 2d. a head. ' Prices, however, on the whole were hot in proportion to values, all sorts being considerably cheaper. Store Sheep Useful; crossbreds made 9s sd, 10s 3d, and 12s 2d, while the few merinos yarded also sold at an advanced rate". Pigs—A small entry, r with an improved demand, stubblers being much sought after by farmers, which gave the market an improved tone. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat There is a considerable qukhtity being now put on the market, very little of. which is considered prime quality; but trade requirements not being very . pressing, millers are operating with reserve. There are buyers for shipment in the market, but very little business is resulting. Small lots of fowls’ wheat are being disposed of at last week’s rates. There are samples of the new crop now oiiei'iug, but transactions as yet are not extensive. Best tusean, 2s 8d to 2a 9d; best white velvet, 2a 6d to 2s 7d j medium to good, 2s 4d to

2s 5d ; inferior to good fowls’ wheat, Is 9d to 2s 3d (ex store). Mediumsized parcels could not be placed at the above figures. Oats —A moderately fair demand, continues 'to be experienced, and any' good lots offering fit for shipment are saleable at about equal to last week ? s The range at -auction this week was for medium to prime' bright oats, Is 2d to 1* s£d (ex store, sacks extra)'. . , Barley—Moderate demand. Prime, 3s to 8s 3d ; medium, nominal. Grass Seed 4s 6d ; cocksfoot, to 4d. Potatoes Kidneys, really prime, large size/up to £2lsa and £2 17s 6d Pigs—3£d; hams, 8d to 9d : flitches, 6d to 6£d,

Chaff- —Good heavy oaten riddled, £3 to £3 ss; medium, £2 7s 6d to £2 15s. Straw—Oaten and wheaten, 85s. Glover and ryegrass hay, £3 ss, Butter—Prime salt inquired after at from 6d to 7d; medium and off quality not saleable. Honey 4£d. Cheese —Old, 3d to 4d to 4£d; Akaroa, 3M‘to 4d : loaf, 4d to 4£d.

Sheepskins On Tuesday country dry crossbreds, inferior “to thedium, brought Is 4d to 4s 4d; do do merino, Is 3d to 3s 9d ; medium to full-woolled crossbreds, 4s 5d to 7s 3d; do do merino, 3s lld to 6s 3d ; dry pelts, 4d to Is 2d; green crossbred, Jbest, 2s lOd to 2s 4d ; good to medium and inferior, 2s 3d to ls8d; green lambskins, 3s to Is 9d. Hides This market continues steady. Heavy weights, free from scars and clean, have the preference at2fdto3d; medium to heavy, to 2J; light, 2d to 2id ; inferior' Ifd to lid per lb. Tallow Quotations are: Per medium to good, 15s to 16s ; inferior and mixed, 12s to 14s; rough fatbest mutton, Tls to 12s ■ inferior to medium, 8s to 10a per cwt. DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday; the following business was transacted :r

Fat : Cattle—2s2 head 'yarded. Prices were about “equal to last week for prime. Inferior hap less attention and. was difficult to 1 dispose of except at lower rates. Best bullocks brought £7 2s 6d to £8 12s 6d—extra heavy a ishade more; medium to good, £5 10s ■to £6 15s ; light weights, £3 10s to £5 ss; cows, £2 17s 6d to £6 7s 6dl. Among the lots spldwerej3 bullocks, at £7, for Mr W. Moore, Txmaru.

Pat calves sold at satisfactory prices, Pat Sheep—23s3 were penned, including about 220 merino wethers, the balance crossbreds, a large proportion being ewes. The wethers forward were good to prime. This supply being within reasonable limits, a good demand existed, and last week’s prices were fully maintained. Best crossbred wethers brought 11s 3d to 13s; one small pen (extra heavy), 14s 9d ; ordinary to good, 9s 3d to lls; best do; ewes, 10s 9d.to 12s 3d; extra heavy, 13s 9d; inferior 1 to medium, 7s , 6djto 10s 6d ; merino wethers 5s to 9s 6d.

Store Sheep—During the week a line of 10,000 full-mouthed merino ewes and. 5000 do wethers were sold for Mr, W, Grant privately. Fat 'Lambs—77s penned. Best brought 8s 3d to 9s 9d, others, 4a 9d to Bs.-

Pigs—los were penned, mostly suckers. A moderately good demand was experienced for all offered. Suckers brought 8s 6d to 12s; slips, 13s 6d to 15s ; porkers, 23s to 325; baconers, 38s to 535. AUSTRALIAN MARKETS. Sydney, Feb. 26. Wheat —Chick feed, 2s lOd to 2s lid; milling, 2s 6d to 2s 7d. Flour—New Zealand stone made, £8 10s to £9. Oats —Milling, 2s 3d. Maize-r-New .Zealand, 3s -Ad • local, 3s 6d. Barley—Cape, 2s 6d to 2s Bd, nominal. Bran, 7d; pollard, Potatoes —Market easy, £5. Onions, £4 to £4 ss. Butter—-Dairy made',' 9d to lOd ; factory made, Is to Is Id. Cheese, local made, 4d to 6d; New Zealand made, ,6d. Bacon,, machine cured, to 9d; New Zealand cured, 9d tb 9^d; hams, New Zealand, lid. Melbourne, Feb. 26. Wheat, milling, !8s 7d. Flour, stone made, £7lss to £8; roller made, £8 5s and upward. Oats, Now Zealand, 2s 7d* to 3s Id, according to sample. Maize, 4s, Barley, 1 Gape, 2 k 3d to 2a 6d; malting, 4s to 4s Id. Bran, Peas, 5s Id to 5a 2d. Sugar, Mauritius whites, £25 10a to £26 Bs. Adelaide, Feb. 26. i Wheat, shipping parcels, ; 3a 6d. F|our, stone made, £8 5s to £8 10s ; roller made, £9 5a to £9 10s. Oats, New Zealand, duty paid, 3s to 3s 2d ; bran, 7^d; pollard, Bd, ENGLISH MARKETS. London, Feb 25. New Zealand hemp is unchanged. Latest quotations, £34 15s to £BS. Feb. 26. i The money market is steady. Three months bills’ are quoted at 4£ per cent. The total quantity of wheat and flour afloat for the United Kingdom is 2,300,000 quarters, and for the Continent 420,000. The American visible supply is estimated at 29,625,000 bushels. Tallow, best mutton, 25s 6d ; ditto beef, 245.

The Bank of England has reduced, the rate for short loans i per cent., ■partly owing to the influx of New '/Zealand loan money.

The New Zealand Loan and Mercantile Agency TGompany, Limited, hay© received; The following cable message frpm- London, dated February 24th :

Wool—The sales closed firmly this day. Since the close of the last sales rates have declined as follows: Greasy merino, nearly, £d to Id per lb; scoured merino, nearly Id lo per, lb ; fine greasy crossbred, nearly id per lb; fine scoured crossbred, id per lb; coarse,greasy crossbred, |d to Id per lb ; coarse scoured crossbred, Id per lb ; greasy crossbred lambs, |d per lb. The total quantity sold during the past sales is 230,000 bales, of whichl3l,ooo bales have been taken for the Oohtihent and 4000 bales for America. It is estimated that 65,000 bales have been held over for future disposal.;