COMMERCIAL DUNEDIN MARKETS. (BY TELEGRAPH.) Duendin, July 10.

North Otago Times, Issue 774, 17 July 1890, Page 2

COMMERCIAL DUNEDIN MARKETS. (BY TELEGRAPH.) Duendin, July 10.

Fat Cattle. — 309 wore yarded, mostly half and three parta fat cows and steers. A modoratuiy fair demand was experienced for prime, but inferior were in less favor. Prices ruling wore from 16a to 203 por'head below last week's, Heat bullock-) brought L8 103 to LlO Vli Gd, two extra, primo atul very heavy weights brought LlB and LlB 10a respectively ; medium to L 5 lGy to L 7 15s ; light weights, Li 5a to L 5 ; bi<st cowb, L 6 lon to L8 5s ; inferior to medium, L22sGd tol>s. ]F«t 8h0ep.— 2633 were pr-nned, nearly all erossbreds, ranging from medium to prime. There waa a viry fair demand both fortr* lo and export, although prices obtaining u< tno start showed a slight decline, as the sales progressed competition improved, and towards the close equal to last week's rates wero secured. Beat crossbred vvothery brought lt»a fid to 17a 9d ; medium, 13a to 169 3d ; light weights, 10s 3d to 12s Od ; beat do owes, 14a to 16s Gd ; inferior to medium and good, i)s Gd to 13s 3d ; merino wethers, to 7s 9d. Grain,— Wheat: Thore is very little alteration to note in the tono of the market. Millers, in ordor to keep up their stocks, aro still open to purchase uny prime linos of Tuscan and white velvet offering at about equal to late quotations ; but boing protty welt stocked lor the time being, thoy don't feel inclined to advance. Th« qu-mticy of the class of wheat above referred to in agents' hands is very small, so that the limited consignments coming to fund aro readily placod ; and whilo odd lots of flecond-elaus wheat are on occasion* being placed for local requirements, thcro b no uomand tor (shipment at tho momont, which renders it very difficult to make clearances with any satisfaction to the grower; but, with a slightly further improvement in the tone of the [lonic mwkct, the bulk of th«> quuitity held horo now woald sonn disappear. Inferior and /owla' wh'\it continue'i to have a moderate demand, but. the 'juautity offering Ktyly being ou tho Licpasc, buyers uro lew disposed to O[)orato co freoly, undor the iniprei -ion that tlu-ir requiroiuoiitß can bo secured at lower prices, which wo think is somowhat doubtful. Quotations for primo velvet and Tuscan, 3a 4d to 3s Gel ; medium to cjootl, 3a to 3s 2d ; good to hcu red wheat, 2« lOd to 3» ; inr'erior to medium, '2h 4d to '2* 0d («*x fttoro, sacks wuighod in, terms,)— Oats: The tono of tho markot continues very languid; only a vory meagre demands exist"), .Shippers are only operating on a very limited Boalo, and m.lJcrs' demand tor oatmoo.l having lately fallen o[l to a very consider' able oxtent, the quantity disposed of is within a vory «mall compass. Sollor* aro still indisposed to quit at lower prices than those quoted lately; while bujert are evidently not in a position to do business except at a reduction, and which has to be submitted to in order to effect salos, Several parcels aro now being shipped feuthe London market, which promiijca better than anything that can bo dono locally with this cereal in the meantime, indeed fiom all appearance* for a vory considenib'.o Mino to come. Quotations are for beat milling, In 3|d to Is 4d ; best short feed, Is %l to is 3#d ; medium to goo 1, Is 3d to Is 3 id ; inforior, Is to Is 2d (ex store, sacka extra, net cash). Barley has no attention whatever for either local requirements or export in tho meantime, although ftuther on it ia quite probable that maltsters will requiro additional supplies to carry them through the season, but even then tho primest uarrplco only will have any demand. Quotations for l»e*t malting nominal, 2s 7d to 23 9d ; medium, 2« 3d to 2» Gd ; feed and milling, la 6d to 2a 3d (ox atore, sacks extra).

The New Zealand Loan and Mercantile Agency Company, Limited, rcpoib for fclio week ended July 16 t as follows: Grass Seeds,— The quantity of locallygrown ryegiass seed in tho market h limited and in few handa, and the prevailing idea at present is that u. vory strong demand will be experienced when the season in on. In conuequencj holders are now very firm, and not dispoa d to quit except at an advance. Beat machine-dressed is quoted at fi« to 5y Gd ; medium, 8» Cd to 8a 9d j undre&sod, 3* 0d to 4« Od por bushel, Cocksfoot is also hold for highor pricca— 4d to 6d per lb. Potatoes.— The market Js bare of really prime lota, which would sell readily at from 85s to 67s (id ; while inforior and medium aorta are difficult to place at from 45'J to oou por ton. Dairy Projluoe- Them is no new feature of *ny conaeqUMce to note in the position of the market for either cheestj or butlor, which continnea oxtremcly cjuiot,