COMMERCIAL.

South Canterbury Times, Issue 4551, 23 November 1887, Page 2

COMMERCIAL.

(By Telegraph. )

DUNEDIN MAEKETS. Mr D. Strohach reports for the week ended Nov. 22nd, as follows : FAT CATTLE. There were only 137 head yarded at Burnside to-day for the week’s requirements, ' medium to good and prime quality. Owing to the trade being fairly well supplied from last week’s full market, although to-day’s was a • moderate supply, competition was extremely dull, and prices realised were below last week’s. Best bullocks brought £6 5s to £B, two pens wfiß 10s to .£9 ss, ordinary to good J5317s 6d to £s l7s 6d, cows from .£3 10s to .£6 ss. PAT SHEEP. 2449 were penned to-day, of which about 300 were merinos,and the balance orosbreds. The ■ greater proportion were shorn, only about a V third being in the wool representing all qualities. Biddings started low_ at the commencement, and continued dull right throughout. In the absence of a demand for export, prices; considerably receded from last week’s. Those in wool were lower by Is 6d to 2b, shorn about Is. Best crossbred wethers in the wool brought 14s 5d to 16s 6d, ordinary 10s 6d to 13s 6d, shorn 8s 3d to 11s 6d, best crossbred ewes in the wool 12s 6d to 14s 6d, ordinary 10s to 12s, shorn 6s 6d to 12s, merino wethers in the wool 6s to 10s, shorn 4s 6d. GRAIN. ~ Wheat—The business done during the past 1 week has been very slight, and there is no improvement to note in prices. The bulk of the quantity disposed of, which is altogether for local consumption, not being exactly up to the mark as regards' Quality, buyers have been more desirous of securing best lots for mixing, but are not disposed to give very much.over published quotations. The market may be considered exceedingly quiet. Moderate stocks of flour are still held, and until these are considerably reduced, there will be ho improvement in price to speak of. .- We quote prime milling velvet and Tuscan 3s 6d to 3s Bd, medium to good 3s 3d to 3s sd, inferior and fowls wheat 2s 6d to 3s 6d (ex store). Oats.—The demand at present is somewhat easier, .but with suitable freights offering buyers would be disposed to operate. In the meantime, however, we do not anticipate any very active demand with the knowledge that prices have to some extent given way in Sydney. The enquiries from Melbourne showed some symptoms of revival about the beginning of last week, but have' since toned down, and buyers’ limits are reduced. At our present quotations they are not dispose*! to ' operate, but as stocks are light a 'genuine spurt would no doubt have a beue^ c i a f effect on values. We quote bright £tout milling Is BJd to ls> 9d, short bright feed la gg to Is Bid, medium and sparro-' / ’ Dill la 713 to Is Bd, Merior and long ' oata la 3 a to Is 6fcd (ex Barley o ntinues low in stock. There is any on hand for disposal, but as uttle or no demand there is no business resulting,* and quotationsjtreDominaL__^