COMMERCIAL.

Temuka Leader, Issue 2335, 26 March 1892, Page 4

COMMERCIAL.

AUCTIONEERS' REPORT. Messrs J. Mundell and Co. report sales for the fortnight ending Friday, March 25th, 1892, as follows : Sheep—At Geraldine yards on Wednesday, 16th inst., the entries for the day comprised 18,500, consisting of breeding ewes and stores, suitable for turniping, and although rain was falling continuously throughout the sale there was a large attendance of buyers, and few lines were turned out unsold. The following are our quotations, viz.: —Three-quarter-bred wethers and ewes in forward condition, 14s, 14s 6d, to 15s Id; half bred wethers and ewes, 2-tooth, 12s, 12s 6d, to 13s; three-quarter-bred lambs, 9s, 9s 6d, 10s Id, to 10s 6d; half-bred lambs, 7s 4d, 7s 6d, to 8s 6d; half-bred ewes, 8s fid, 9s, to 10s; merino ewes, 5s to 5s 6d; second class, do do, 2s 6d, 3s, to 3s 6d. At Temuka yards on Tuesday, 22nd inst., the yarding consisted of 5600. There was a large attendance of buyers, and a most satisfactory clearance was effected. Three-quarter-bred wethers and maiden ewes sold at 13s 6d to 14s ; half-bred wethers, 12s lid; half-bred ewes, 10s to 10s 3d; merino ewes, 4s 6d to ss; three-quarter-bred lambs, 9s 6d to 9s 9d. Cattle —At Geraldine yards on the 16th, we yarded 15 head. All sold as follows: —Steei's, fat, light weights, £4 15s to £5; heifers, fat, £4 10s to £5 ; dry cows, £2 10s to £3. At Temuka yards on the 22nd insfc., we yarded 125 head, and all cattle on which reasonable reserves were placed found buyers at satisfactory prices. Pigs—At Geraldine yards on the 16th inst., we Bold 25 stores at the following prices, 16s, 15s 6d, 14s, 12s 6d to 10s. At Temuka yards on the 22nd inst., we sold 120 at the following quotations, viz. : Porkers, £1 to £1 Is; strong stores, 15s 6d, 16s, to 17b ; medium, 10s to 12s 6d; weaners, 5s 6d to 6s; young sows, for breeding purposes, £llos to £2. Clearing Sales —ln the estate of W. R. D. Lawson, butcher, Geraldine, in liquidation, we held a clearing sale of live stock and plant on Wednesday, 16th inst. There was a large attendance of buyers, and every lot sold at full market rates. On Thursday, 24th inst., we held a clearing sale on account of Mr Thomas Sommerville, Waihi Bush, of cattle and sundries,, and as usual every lot sold at prices satisfactory to the vendor. Dairy cows selling at £4 15s, £5, £5 ss, to £6 ; two-year-oW heifers, £2 7s 6d to £3; yearlings, £1 to £1 lis.

CHRISTCHURCH STOCK MARKETS. At the Addingtou yards on Wednesday there was a fair entry of stock. Store Sheep—The entries were small. The sales comprised four and six-tooth breeding ewes at 13s 9d, full-mouthed and aged ewes from 8s 4d to lis 3d, crossbred lambs at 8s 7d to 9s 6d, and one line of merino ewes at 3s 3d. Fat Lambs—Only a few lambs were entered, and sold from 9s 4d to lis for unfinished quality, and up to 12s lOd for export, these prices showing a consider able falling off in value. One very goodune of shorn lambs brought 10s 6d. Fat Sheep—The quality of the 4000 yarded was very varied. For the heavy weight wethers 16s, 16s 6d, 16s 9d, and 17s was realised, and maiden ewes brought 15s Sd to 16s 6d. Allowing full market value for ih& drawback, these sheep realised over 2|d per ft> net. Lighter sorts of wethers and lnaidsft ewes showed a slight falling off in value, &q 4 barely returned 2£d per lb. The demand for iEai ewes was equal to that at any previous sale, and all secured purchasers. With the exception of a few which brought 13s 4d to 13s 7d, the sale of merino wethers was restricted to second rate sheep, grhich brought from 9s to lis sd, realising from ljd to l|d per lb net, and one line of merino ewes in good condition brought from 7s 4d to 9s 4d, their quality being very good. Fat Cattle—The sale was dull, owing partly to the large entry, 202 head, and to butchers' supplies being ample. The value of best beef receded slightly, 18s per 100& being the highest value given. The sale of cow beef was proportionately slack. Bea.fc steers sold up to £6 15s and heifers to £5 6s, £he cows offered being disposed of at a sacrifice. Store Cattle—-Tke sale of store cattle was confined to a small line .of mixed two-

year-olds which brought £2 5b 6d, and some cows. There were only a few dairy cows yarded, for which there was little or no demand. Pigs—The demand was more keen, and prices for porkers and stores advanced slightly. Best fed porkers brought from 3£d per ib, and a few baconers were disposed of at more satisfactory rates than have prevailed lately. CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per F. Denham, Secretary), for the week ending March 25th: — The wet weather prevailing the last ten days has materially stopped all delivery of produce, and extensive damage must result to bulk of clover seed. Wheat continues to rule high in spite of contrary reports from Home. Sales for urgent local requirements have been made at prices quoted below. It is obvious this cereal must decline. Oats—Bright milling are scarce, and will see a shade better price. Of feed sorts there is no stint. Cocksfoot is lifeless in the absence of outside demand. Ryegrass—Good samples of machine dressed meets with fair demand. The following are the prices paid to farmers, f.0.b., Lyttelton, packages extra: — Wheat—Prime tUßcan, 3s lid to 4s; pearl, 3s lOd to 3s lid; hunters, 3s lOd; faulty, 3s to 3s 6d. Oats—Prime milling, is 9d; feed. Is 6d to Is Bd. Beans—2s lOd asked for, none offering. Peas—2s lOd to 3s 3d according to quality. Ryegrass—Farmers', Is lOd to 2s Od; machine dressed, 3s to 3s 6d. Cocksfoot, prime, 3Jd to 4d; discolored, 2sd to 2f d per Jb. Potatoes—Kidney and derwents, 22s 6d, country stations. Butter—7d to 9d. Cheese—3d to 4d. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—New wheat is offering plentifully from the north, but no southern lots have come forward. Prime samples are at 4s to 4s 3d, Duuedin terms; and medium, 3s 8d to 3s lOd; fowls' wheat, good whole, 3s to 3s 3d; broken and inferior, Is lOd to 2s 9d. Barley—Malting, 3s; milling, 2s 3d to 2s 8d; feed, Is lOd to 2s 3d. Oats—Milling, Is 6d to Is 6£d; bright short feed, Is 6d; inferior and off color, Is to Is 4d. New grain will arrive on a bare market. Bran—6os, Sharps, 80s. Roller flour, £l2; stone flour, £ll. Potatoes—Kidneys, 40s; derwents, 50s to 55b. Market is barely supplied, and £3 has been got, end of last week. Pigs—ln good demand, 3|d to 3Jd for prime quality; hams, 8d; bacon, s£d to 6d. Chaff—Prime well cut oaten sheaf, 60s to 62s 6d; medium quality, 52s 6d to 57s 6d. Straw—Oaten and wheaten, 30s. Clover and ryegrass hay, 60s. Butter—Salt, 8d to Bjd, in demand; good keg butter wanted. Eggs scarcer and rising. Honey—4Jd for extracted. Cheese —Akaroa, large, 3£d to 4d; small, 4jd; factory makes, large, 4£d to 4jd ; loaf sizes, sd. Grass Seeds—Ryegrass, farmers' lots, 2s to 2s 6d ; machine dressed, 3s to 3s 6d ; cocksfoot, to 4d; Italian ryegrass, 3s 9d to 4s 6d. ENGLISH AND FOREIGN MARKETS. London, March 23. The South Australian Government have offered to assist the Bank of South Australia in case of emergency. Two hundred cases of apples by the R.M.S. lonic, marked " S.A.C." brought from 5s 3d to lis 6d. They were landed in fair condition, but their quality was poor. Despite a general fall in the market a portion of a shipment of Victorian factory made butter brought 112 sto 116 s. A few choice parcels realised 118 s. The total quantity of wheat and flour afloat for the United Kingdom is 3,324,000 quarters, and for the Continent 1,428,000. The cable messages relating to the Victorian deficit of a million, and the fresh failure in Melbourne, have had a bad effect on the money market. Mr Panmure Gordon is trying to place the second million of Victorian bills, but the impression in the city is that he will not succeed at present. The estimated visible suppply of American wheat is 62,600,000 bushels.