COMMERCIAL.

Temuka Leader, Issue 1418, 14 November 1885, Page 3

COMMERCIAL.

CHRISTCHURCH PRODUCE MARKETS. As the past week has been mainly taken up by the agricultural show and the racing carnival, business transactions in this market have only been trifling. Reports from the country state that crop prospects are tairly promising, but that a little more rain would at the moment be beneficial. Wheat—Sound lines of winter milling are in steady request at 3s Id to 3s 3d. Tuscan has only a moderate enquiry at 3s to 3s Id. Second quality m Ring is offering fi eely at 2s 7d to 2a lOd. continues in strong favor at 2s 2d to 2s 4d, f.o.b. Oats—The enquiry for this cereal is languid, but fortunately stocks are not heavy. Bright short feed and milling stand at 2s to 2s Id ; discolored heavy, la 9d to Is lOd ; inferior varieties, Is fid to 1b 81, f.o.b. The improvement in the Melbourne market has imparted a better tone here during the week. B iriey—Malting is lifeless and nominal in the absence of any demand. Feed is slow of sale at Is lid to 2s, f.o.b. Grass Seed—Ryegrass meets with an occasional enquiry at 4s fid for prime samples. Discolored cocksfoot has been quitted during the week at 2|d to 2| • f.o.b. Peas are asked for, but stocks have run out. Beans are quiet at 2s Bd, f.o.b. Potatoes are difficult to quit at 35s to 37s fid at country stations. Dairy Produce—Butter is in large supply at 7d to 81 for prime samples. Cheese is exceedingly scarce at 5d to 6sd. Hams xnd bacon are unaltered at 8d bare, and B£d in cloth. CHRISTCHURCH STOCK MARKETS. In consequence of the Christchurch Show and Races, the weekly stock sales at the Addington Yards were not held. DUNEDIN STOCK MARKETS, At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle.—ll2 forward, comprising a large proportion of good beasts, with a few inferior half-fat old milkers anti stores. On the whole the quality was especially good. No colonial market has been so well supplied as this has been for the past few weeks, considering that now is the worst and scarcest time of the year for beef. Competition was active, and prices for prime quality a shade better. Best bullocks £9 to £ll 12s fid ; others, £6 7s fid to £lO ; cows, of which there were all qualities, up to £lO 12s fid. Beef may be quoted at from 22s fid to 27h fid per lOOlbs, according to quality. —Mr Donald Stronach some drafts on account of Mr M. Studholme (Waimate), and Mr John Duncan (Cherry Farm), bullocks at from £6 17a fid to £lO 12s fid; cows, £6 17s fid to £lO 2s fid.— Mr L. Maclean reports : bullocks so'd at from £9 10s to £ll 10s ; medium, £6lss to £9; best cows, up to £lO 2s fid; medium, £5 15s to £7. Calves sold at 16?. Fat Sheep.—l6oo penned, mostly shorn. Owing to the short supply, fully Is per bead of an advance was made, and competition was keener as the sale proceeded. Crossbreds in wool brought from 15s to 225; do shorn, 12s to 17s 3d ; merinos in wool, 10s to 14s. Mutton ; Shorn, 2|d to 2|d ; in the wool, 3d to 3£d per lb.—Messrs Wright, Stephenson und Co, sold for Messrs Bruce and M’Laren (St. Andrew’s), 188 crossbred ewes (shorn, heavy-weights), ot from 14s 9d to 15s; for Mr James Meehan (M<>kikihi), 62 halfbred wethers (shorn) at 15s ; for Mr Wm. Grant (Tiraaru), 23 crossbreds (shorn) at 15s 9d ; for Mr Andrew Grant (Tomnkn), 140 crossbreds (shorn) at from 14s to 14s 9d. Fat Lambs, -725 penned—an excessive supply ; and a considerable proportion was inferior prices, while making a decline on last week’s rates, were various. Prime lambs brought good prices, but inferior were hard to quit at very low rates.—Messrs Wright, Stephenson and Co. sold for Mr Wm. Grant (Timaru), 39 at from 9s fid to 10s 3d. Pigs.—26B penned—the larger proportion stores and suckers. Values of bacon pigs and porkers continue to decline, while well-bred suckers are in good demand at full rates.—Messrs Wright, Stephenson and Co. sold 76 at up to 34s for bacon pigs, at from 21s to 28s for porkers, and at from fis to 14s for stores. Horses.— Messrs Wright, Stephenson and Co. report as follows We held our weekly sale on Saturday last. The entries, excepting a few medium draughts from the country, consisted chiefly of dealers’ lots, of which a fair number changed hands. The supply of first-class heavy draughts is very short of the demand. We quote first-class draughts at from £2B to £35 ; medium, £lB to £24; first-class harks and light harness horses, £lB to £25; medium, £lO to £l4; inferior, £3 to £7. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Thursday : Wheat. —Very little doing. Prime parcels in small quantities are sought for by millers, but as the trade hold little stocks, only sufficient to meet their requirements, purchases are only made from hand to mouth—prime velvet and Tuscan being at 3s 3£d to 3s 5d (the latter price exceptional) ; medium qualities, 2? 10d to Bs Bd ; chick feed, very scarce, at up to 2s lOd per bushel. Oats. —Supplies are coming in freely, and the Sydney market having shown a decided decline, there has been a corresponding a depreciation in values here, although holders of prime parcels refuse to abate former quotation*. Business is absolutely inactive, but prime milling is quoted at Is K%) to 2s ; superior bright feed, Is 81 tolslOd ; inferior to medium, Is 4d Is Bd. Potatoes.—Derwents, £2 to £2 7s fid per ton. Barley.—Prime malting is not much in demand. The highest prices offered are 2s fid to 2s lOd for malting, and 2a for milling. Chaff-£3 2s fid to £3 5a for best. Butter. —Fresh is difficult to quit at 7d per lb ; salt, 7d to 8d per lb (kegs extra). Cheese—sd to s|d per lb, and a good demand, Eggs—Bd to B|sd, Grass seed is not much in detnaD 1, but prices remain about the same.

Sheepskins.—Values remain unchanged. The New Zealand Loan and Mercantile Agency Company, Limited, report : Country dry crossbreds, low to medium, brought Is id to 3s ; do do merino, Is 2d to 2s 9d ; dry pelts, 3d to 8d ; butchers’ green crossbreds, 3s to 4s 2d ; do do merino, 2s lOd to 3s 7d ; green pelts, 3d ; lambskins, 4s to sd. Hides.—For local requirements the demand is brisk at lute quotations. Tallow is in moderate demand tor local use, but holders of stocks are not disposed to sell at late rates. Rough fat is quoted at 8s to 12s per cwt, AUSTRALIAN MARKETS. Melbourne, Nov. 11. The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reports on the produce market as follows - Wheat, shipping, 3s lOd to 3s lid, firm ; barley, mailing, 3s fid to 4s 3d, dull; New Zealand oats, feeding, 2s lOd to 3s, rather firm ; do, milling, 3s to 3s Id, fair demand ; Now Zealand oats, under bond, 2s Id to 2s 3d. Messrs Goldaborough and Company, Limited, held their weekly sale this afternoon, when about 6000 bales were sold. The attendance of buyers was large, and biddings were spirited throughout the sale. The highest prices realised were for greasy merino, and greasy merino lambs, which each realised Is Oi'd. Nov. 12. The New Zealand Loan and Mercantile Agency Company, Limited, held their usual weekly sale this afternoon, when an important catalogue, comprising some 4200 bales was submitted. There was the usual large attendance of buyers, and competition for the different lots was of an animated character, There is no special change to record in the market. Greasy merino sold.' up to lid, and greasy crossbred to Bd, while the highest price obtained tor scoured wool was 16d per lb. ENGLISH MARKETS. The wool market is unchanged. The wheat market is steady. Adelaide is worth 37e, and New Zealand, average quality, 33s per 49filbs; New Zealand long-berried is worth 36a fid ; Adelaide f.a.q. is worth c.i.f. off coast 35s 9d per 4801 bs; Adelaide, to arrive in iron ships, November bill of lading, is worth, c.i.f., 37e per 4801bs. The tallow market is depressed. Good mutton is worth 255, and good beef 24s respectively per cwt. The leather market is unchanged, and the New Zealand hemp maiket is firm. Fine quality is worth £25 per ton, and medium and common £2l 10s and £2O respectively. Kauri Gum —This article continues dull of sale. Good scraped pale brownish and amber is worth 95s per cwt, and good palish scraped garbled sorts are worth 74s fid per cwt; medium halfscraped garbled sorts are worth 45s fid per cwt. The quotations are, however, only nominal.