COMMERCIAL.

Temuka Leader, Issue 1412, 31 October 1885, Page 3

COMMERCIAL.

TIMARU MARKETS. Wheal—Prime red milling, 2s 9d to 2s lOd; white, 3a 2d to 3s 4d'• fowl, 2s to 2a 3d. o<ts—Long, Is 7d ; short, Is 9d ; discolored, la 3d to Is sd. Barley- Malting, 2h 9d to 3s ; feed, 2s. CHRISTOHURCiI CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 80th inst. : The week has closed with an extremely weak enquiry for all kinds of produce, if we except whole chick wheat, for which a keen export demand exists. The outside market appears to<xhibitno buoyancy, and locally there is no speculation, buyers confining their attention to executing ordeis to hand. Prime milling whe.U is chiefly taken up among the New Zealand millers, but second quality, owing to the absence of shipping onlors, is exceedingly quiet. Whole chick wheat has a strong demand for export. Oats are coming to hand plentifully, and late quotations are hardly maintained. Burley : There have been very few transactions during the week, and prices are nominal. Beans have been inquired for, but peas ire quiet, the sea- ■ son for sowing having passed. The same remarks r.pply to ryegrass and cocksfoot. Potatoes have again suffersd a relapbe, and speculation in the tuber may fairly be said to be over for the season. There is no export doing in dairy produce. The following are the quotations for the week : Wheat—Prime milling, hard sorts', 3s 3d to 3s 41 ; Tuscan, 3s Id to 3s 2d ; second quality, 2s 7d to 2s lid ; chick wheat (whole), 2s 2d to 2s 4d. Oats—Bright heavy short, Is lid to 2s ; discolored and long, Is 7d to Is 9d. B'tr)e} r —Nominal. Beaa«—2s 7d to 2s Bd. P»*b—Feed, 2*9i to 3s. Ryegrass—Macliine-dreßsed, 4s 6d. Cocksfoot—Bright heavy clean seed, 4d to 4Jd ; discolored, 2d to 2sd. Potatoes—(Sacks included), 47s 6i to 50s. Dairy Produce—Butter: Prime, in tub?, 7d to 8d ; second quality, 4d to 6d. Cheese : Small loaf shape, 6£d ; medium, sid ; large, 4d to 4Jd. The above prices are those paid to farmers, and delivered f.0.b., Lyttelton. CHRISTCHURCH STOCK MARKETS. At the Addingtuu yarda on Wednesday ! there was an entry of stock slightly above the average in point of numbers ; attendance middling. The fai cattle was, on the whole of medium quality. Demand not equal to the supply ; sale a dragging one, and values lower. Steers sold at from £5 10s to £8 5s ; heifers, £4 12s 6d to £6 17s 6d, being from 20s to 22s per j lOOibs, aocording to quality. A large I entry of fat sheep peoned, both shorn and in wool. The local demand was helped by buyers tor freezing, and 6alea I were made at about late current rates. Crosebreds in wool brought from 12h 6d j to 17s per head ; do shorn, 8s 9d to 12s ; j merino wethers, in the wool, at from 8a 3d to 13s 3d ; shorn do, 7s 61 to 11a 6d, the latter price for exceptional weights and quality. A line of also exceptional hoggets, in the wool and fat, fetched 17s 3d per head. A larger number than of late found their way into the store sheep penß. A little improvement in the demand was shown, but prices remained about the same aa of late. Hopgets sold up to 9a per head. A line of merino ewes and lambs at 8s 3d. In the store cattle market a moderate entry was yarded, business dull and without alteration in values. Fat lambs were in large supply, prices ranging from 7s 6d to 10s 3d per head. DUNEDIN PRODUCE MARKETS. Wheat—There is a fair demand for all qualities, but no material alteration in prices. Prime velvet and Tuscan bring 3s 4il to 3* 5d ; do red straw, 3s 3.1 ; ordinary milling, 3s to 3s 2d ; inferior and fowl-feed in request at 2s 7d to 2s 10J per bushel. Oats -Sydney and Melbourne advices reporting dull markets have for the present affected transactions here, and prices during the week has been in favor of I buyers. Quotations are: For prime milling, Is lid to 2h ; stout bright feed, Is lOd to li4 lid ; ordinary do, Is 7d to Is 9d ; inferior, Is 4d per bushel. Barley—No transactions of any consequence to note. Prices, nominally, are up to 3s 3d for prime malting; medium and milling, 2s 3d to 2s 91. Ryegrass—As the market is comparatively bare there is a fair demand for small parcels, although the season is nearly over. For machine»«!ressed (old pamure) up to 5s is wanted, other qualities, 3i to 4s 6d. Cocksfoot is worth 4fd to 4gd per lb, but in little r<*quewt. Potatoes—Prime Dcvrwents fetch £3 to £3 5a per ton. Chaff—£3 5s for good quality, well cut, qnd £3 for ordinary. Butter—Fresh in exceedingly difficult to quit, and prices very irregular ; salt, 9d per lb, and demand quiet, Cheese -s<t per lb for beat quality. Eggs—B-1 to Od per down.

Shoepskiiia -Competition was Motive at Mou'dnv's Ha'e, and previous quotations well sustained. Dry crossbreda brought lid to 3s 6d ; do merinoß, lOd io 3a 3d ; dry pelts, 2d to sd; butcher** green crossbred**, 2-< lOd to 4s 3d ; do merinos, 3i to 4* Id ; lambskins, 41 to 6d ; green pelts, 2d to 3|d. Hides -In brisk request at from 2d to for t-lippy «nd inferior ; 3d for Htfht ; good to well conditioned heavy, free from off'il,'3£d to4jd. Tallow—Little or no business doing. A few purcels prime rendered brought nearly laßt week's quotations, viz., 17s to 20s ; medium, 12s 6d to 15s ; rough fat, to 8s 12s. DUNEDIN STOCK MARKETS. At the Burnßide Yards on Wednes day the following business was? transacted : Fat Cattle—lß4 yarded. A considerable portion of these were good to prime beef, although there were really no heavy weights. Nevertheless both as regards bullocks and cows the number of really well-finished beasts was remarkable for this time of the year. Biddings at first for beat pens were lively, and as one buyer took nearly of all in one line in the opening sales, the mprket promised well for vendors. As sales proceeded, however, competition was not so well sustained, and prices were a shade easier. Best bullocks brought £9 10s to £ll 17h 6d ; others £6 to £9 6« ; cows, £5 to £8 12s 6d. Beef: Prime, 27s 6d ; ordinary to good, 22s 6d to 25s per 1001 b—- . Wright, Stephenson, and Co. sold for Mr James Guild (Trevennn), 6 bullocks at from £lolos to £lll7i 6d ; for Longbeach Estate, 24 bullocks nt from £9 to £ll 12s 8d; for Mr Andrew Grant (Temuka), 6 bullocks at from £7 5s to £8 15s ; for Mr M. Quinn (Temuka), 6 bullocks at from £9 2h 6d to £lO 2a 6d. Pat Calves—Nene forward. Fat Sheep—loll Denned, a remarkably small supply. Of this number 175 were merinos and 836 crossbreds. The quality varied from good to very prime mutton, and because of the limited number forward a li\ely market was expected. The ad ranee on previous rates, however, did not much exceed 1* per head. A considerable proportion of the sheep forward were shorn, and these were much in in favor, a drift of shorn merinos and croasbreds from Acton Station topping the market at -for the former 13* 6d, and for the latter 13s 91 ; crossbreds in wool brought 13-i to 15a; shorn do, lis to 13s 9d ; merinos in the wool, 9a 3d to 9s 9d ; do shorn, 8s 9d to 13s6d, Mutton : shorn, 2d to 2id;inwool, 2|d per lb.-Mr L. Maclean sold for Mr M. S'udholmo (Waimate Estate), 152 prime shorn crocsbred wethers at from lis 3d to 13s. Messrs Wright, Stephenson and Co. sold for Mr John Douglas (Waibao Down"), 103 crossbred wethers (in wool) at fnm 14s 6d to 15s, and 29 crossbred ewes (in wool) at 13s 3d. Fat Lambs—l9l penned. The graate? number good quality, and one pen of crossbred Southdowns, the best of the season, bred by Mr Andrew Ors.nt, of Temuka, exceptionally good. Price* ranged from 7a 9d to 14* 3d. Messrs Wright, Stephenson and Co. fold for Mr j Andrew Grunt (Temuka), 33 halfbred Southdown lambs at from J3s 6d to j J4< 3d. Pigs—l 33 penned, moßtly suckers and I small stores. Porkers and bacon pigs continue unprecedentedly low, but suckers and stores are well competed for. Suckers sold at 3s 6d to 10s; stores, 12s to 17* 61; porkers, 21s to 265; bacon 27s te 46«. Store Cuttle—Well-grown and wellbred bullocks are inquired for and would meet with ready sale. Store Sheep—Until after shearing it is not expected that there will be transactions to afford a line. Horses- Messrs Wright, Stephenson and Co. report as follows :—We held our weekly sale on Saturday last as usual. There was a good number of horses forward, including several lots of unbroken draughts and medium draughts (broken) from the country. These all found purchasers at satisfactory prices—the unbroken draughts bringing from£l7 to£l9, aDd the hr«ken-in medium draughts from £l6 to £2l. At present there exists an export dnmnnd for young and very heavy draught geldings suitable for stone carting. Privately we report the sale of a few extra good young geldings at from £27 to £35. We quote first-class draughts at. from £25 to £3O ; medium, £l6 to £2l : first-class hacks and light-harness horses, £lB to £HS ; medium, £lO to £l4 ; inferior, £3 to £7. AUSTRALIAN MARKETS. Melbourne, Oct. 28. The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reports on the produce market as follows : Wheat, shipping, is flat at 3s lOd to 3s lid ; barley, 8s to 4s, quotations nominal; feei oats are in fair demand at 2tt 9d to 3s ; milling are in moderate enquiry at 3s to 3s Id ; oats, under bond, 2s Id to 2s 3d. Oct. 29. . The New Zealand Loan and Mercantile Agency Compaay, Limited, held their weekly sale this afternoon, when there was the usual large attendance of buyers. A representative catalogue of some 4000 bales was submitted, and bidding was spirited throughout, the hulk of the catalogue being disposed of at satisfactory prices. There is no special change to report in the tone of the market. All the better sorts of wool are in good demand, while faulty and inferior lots continue depressed. The highest price obtained during the sale for greasy merino was while scoured wool sold up to 161. ENGLISH MARiTKI'S. Lokdoh, Oct. 28. Adelaide wheat, off coast, is at 35s 9d ; ex sto'e, 86*. Adelaide flour ia 61 lower, 255. N.Z. wheat, ex store, 28s to 34* ; off coast, 31« 61.