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CHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wednesday large numbers of all kinds of stock were yarded for the day’s supply ; an average muster of buyers was present, but business was done at low values throughout. Sales began at eight o’clock with fat cattle, the supply of which was a large one, and of varied quality. The demand was dull, but most lines changed hands at about on a par with late rates, viz,, 17s to 19s per 1001 b, as per quality. Steers sold at from £6 to £8 10s ; heifers, £4 15s to £S 12s 6d. A heavy snpply of fat sheep was penned of various quality —a poor inquiry. A few lines bought for export, to-day’s telegrams from London re the price of frozen mutton evidently giving a slight tone in this direction ; prices, however were very low at the best. Crossbred ewes, 5s to 8s 6d ; merino wethers sold at from 9s to 10s lOd for prime quality ; medium 8s to 9s ; crossbred wethers 5s to 7« per held, an average price of f bout Isd per lb. A large number of fat lambs sent forward, prices ranged at from 3s to 8s per head. The store cattle market fairly well supplied, and a pretty good clearance made, late values ruling. In the store sheep market an average number were yarded. In face of tbe continued dry weather this class of stock was hard to sell, and very low rates rule. Crossbred hoggets were passed in at 6s Bd, crossbred wethers (4 and 6-tooth) selling at 4s 3d and 6s lOd, aged crossbreds and ewes sold at 6s 3d, &c. Yery few pigs yarded, sale very dull, and late values. CHRISTCHURCH WOOL SALE. The N.Z. Loan and Mercantile Agency Company (Limited) held its fourth wool sale off the season on Wednesday, when 1000 bales were sold out of 1330 offered. There was a keen demand for all descriptions, but more especially for good conditioned crossbreds. Greasy halfbred realised up to B|d, crossbreds 7f merino 7sd, Down wool 7Jd, and longwool 6£d ; scoured half-bred made 13£d, and merino 13£d. DUNEDIN STOCK MARKETS, At the Burnside Yards on Wednesday the following business was transacted : Eat Cattle —227 head were yarded, consisting of medium to good useful quality, only a few pens being prime. For the latter quality bidding was fairly animated, and the prices obtained were about equal to last week’s. Medium was scarcely so well competed for. The lot, however, were cleared. Best bullocks brought from £8 to £lO 2b 6d ; ordinary, £4 10s to £7 15s, and cows in proportion.—Mr L. Maclean sold for the N.Z. and A, Land Company (Pareora Estate) 6 bullocks from £6 12s 6d to £9, and 6 cows from £6 5s to £6 12s 6d. Eat Calves—Messrs Wright, StephenBon, and Co. sold 7 at from 3s to 16s 6d. Eat Sheep-2536 penned. Of these 180 were merino wethers, medium quality, the balance were nearly all crossbred ewes, representing all qualities, A large number had to be turned out unsold, and those disposed of realised from Is to Is fid per head less than obtained last week for similar quality. Best crossbreds brought from 9s to Its; ordinary, 6s to 8s 9d ; merino wethers, 6s to 6s 6d.—Mr L. Maclean sold on account of the N.Z. and A, Land Company (Pareora Estate) 264 crossbred ewes at 7s 6d, and for Mr M. Studholme (Waimate Estate) 138 crossbred ewes at 7s 9d.—Messrs Wright, Stephenson, and Co. sold for the N.Z. and A, Land Company (Levels Estate) 120 crossbred ewes at 8s 3d. Fat Lambs—9s4 penned. This again was far too large a supply, and, although the whole were cleared, prices suffered considerably, the range to-day being from 3s 6d to 7s 3d ; a small lot of very prime brought 8s 3d. Pigs—243 were penned. A large number of these were suckers and slips, for which there was no demand. Good porkersjwere in fair request, but at low prices. Suckers from 2s 6d to 5a 6d; slips, 6s to 12s 6d ; porkers, 17s 6d to 21s 6d ; baconers, 25s to 40s. Store Cattle—The demand is not very active, and prices are in favor of buyers. Store Sheep—There has actually been no demand up to the present. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday Wheat—Stocks of really prime samples in agents’ hands are running low, consequently prices continue firm and likely to advance. Present quotations are? — For prime milling velvet and Tuscan, 3s 3d to 3s §d ; medium, 3s Id to 3s 2d ; inferior and fowls’ wheat, 2s 6d to 3s, ex store, bags weighed in. Cats- The market is quite bare and prices are hardening, several lines having been disposed of during the week at an advance on late quotations. Stout bright milling is worth Is lid; short bright feed, la lOd to la lid ; medium, Is 9d to Is lOd ; inferior and discolored, Is 3d to Is Bd.

Barley—There is some inquiry, but there are no transactions of any com sequence to report. Chaff-Gjood quality is saleable at £3 2s 6d to £S> §s ; inferior and medium, £2 12s fid to £2 17s fid. Potatoes—Kidneys, £7 per ton. Butter—Fresh, 7d to 74d per ib for prime, and fid formedium. The demand for salt has slackened consequent on advices from Sydney, and buyers are not keen at 8d to B|d (kegs extra). Cheese—s|d to fid per lb best quality. Eggs—Market overstocked, Prices 8d to 9cL

Sheepskins—Moderate catalogues were offered on Monday to the usual representatives of the trade, consisting chiefly of country dry skins of medium quality and butchers’ green pelts, Dry crossbred, low to medium, brought 9d to 3s 2d ; do merino, do, Is to 2s 101. No fullwoolled skins catalogued. Dry pelts, o£d to 2d ; green do, 4sd to 5d ; lambskins, 9d to lid. Hides —The demand continues good, but without any improvement in prices. All coming forward find a ready sale at the following rates :—For slippy and and, 2d to 2£d ; light, 3d ; medium, B|d to 3£d; heavy, clean afad' fropi cuts, s|d 16 per lb.' ‘Tallpw—A fair demand continues to e?ist for all consignments coming forward forMocal withoutj.any

advance in prices, which may be quoted as follows: —Inferior, 12s to 14s ; medium, 15s to 17s ; good to prime, 18* to 19s ; rough fat, 7a to 11s per owt. DUNEDIN WOOL SALES. The second aeries of wool sales were held on Wednesday and Thursday, the 30th and 31afc December. There was a large attendance of buyers, both local and English, who competed spiritedly all through. A good demand existed for all well-grown wools, light in grease, clean, and properly skirted. Prices obtained were considerably higher than at the opening sales. Discolored, earthy, heavy conditioned wools were in fair demand, and although not so spiritedly competed for, prices ruled higher for this class ; also prices ranged for tine greasy cross bred from 8d to 9fd ; heavy and coarse do 6d to 7fd ; fine halfbred, to B|d ; greasy merino, s£d to Bd, which we think may bo considered favorable when compared witii last account sales from London. The next series will be held on Thursday and Friday, the 14th and 15th insts. AUSTRALIAN MARKETS. Melbourne, Jan. 6. The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reports on tbe produce market as follows ; Shipping wheat has improved in value since last report, and is now firm at 3s lid to 4s per bushel. Malting barley is quiet, the lower qualities being nominally 3d per bushel below last quotations. Prices to-day range from SJ to 3s 9d. New Zealand feed oai>\, are Id higher than last week—viz., 2s lOd to 3s per bushel, while milling sorts are quoted at Bs. New Zealand oats under bond remain at 2s Id to 2s 3d. Messrs Goldsbrough and Co., Limited, held their usual weekly wool sales at their rooms this afternoon. There was a large attendance of buyers, and a catalogue of 2000 bales was submitted, which elicited animated competition, Fifteen hundred bales were disposed of at satisfactory prices, the market ruling very firm at late rates. Light crossbreds and heavy scoured wools were in good demand. Greasy merino sold up to while scoured wools realised as much as per lb. Jan. 7. The New Zealand Loan and Mercantile Agency Company, Limited, held their usual weekly wool sale at their rooms this afternoon. There was a representative catalogue of some 3800 bales submitted to auction. Tbe attendance of buyers was large, and the various lots elicited animated competition. The market was generally active at late rates. Greasy and merino sold up to 10|d per lb, and scoured wools to 17d, while washed wool is firmer, and realised as much as 12d per lb. ENGLISH MARKETS. London, Jan. 5. Adelaide wheat, off coast, is fid lower, and is quoted at 36s per 4801bs ; do ex warehouse, 39s per 4961b5. New Zealand wheat ranges from 28s to 375, according to grade. The wool market is quiet in tone, Up to tbe present time 130,000 bales are to hand for the January and February sales, which commence on tbe 19th inst,

The New Zealand Loan and Mercancantile Agency Company, Limited, have received the following cablegram from their London office, dated London, sth January, 1886

Wheat— Market dull. Adelaide wheat is worth 37s per 4961 b. New Zealand average is worth 83s, and New Zealand long berried 34s fid per 4961 b. Adelaide wheat, f.a.q., is worth c.i.f, (off coast), 86s per 4801 b. Tallow—Market steady. Good muU ton tallow is worth 265, and good beef tallow 25s per cwt. Leather—Market unchanged.

Frozen Meat—The market has a hardening tendency, New Zealand mutton, weighing 651 b to 701 b per carcase, is worth 4|d per lb. BeefMarket dull. Supplies of American beet are heavy.

1 At Gilmore, 10 miles west of Omaha, I U.rf., a company has started a cattle “ fatten’.” They have expended £15,000 in the or cli-m of big stables. There are 3750 stalls, ami by winter they will have 5200 stalls. In each stall they will place a “critter," and they will be fed with food placed before them through a system of pipes, and cooked in enormous steam vats, having a capacity of 1000 barrels of feed an hour. They will ship in cattle from the Western Nebraska and fatten them in these stalls. Thb Bhazbh Sbrpbht.— Like the brazen serpent at the great Jewish leader lifted high in the sight of thv perishing followers, whereby they were saved from death, the discoverers of American Hop Bitters have placed before suffering, ailing mankind, a remedy whiah enables them to fight disease with conquering advantage.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TEML18860109.2.17

Bibliographic details

Temuka Leader, Issue 1452, 9 January 1886, Page 3

Word Count
1,789

CHRISTCHURCH STOCK MARKETS. Temuka Leader, Issue 1452, 9 January 1886, Page 3

CHRISTCHURCH STOCK MARKETS. Temuka Leader, Issue 1452, 9 January 1886, Page 3