COMMERCIAL.

Temuka Leader, Issue 1461, 30 January 1886, Page 3

COMMERCIAL.

TIMARU MARKETS. From the New Zealand Loan and Mercantile Agency Company’s (Limited) report on the Produce Markets of New Zealand, dated 28th January, 1886, we make the following extracts : Wool—The second of the series of local wool sales was held on Tuesday, the 12th inst., when catalogues comprising in the aggregate 1280 bales were submitted. The attendance of buyers was very good, biddings were brisk, and prices full better than previous sale. With the exception of some 20 bales the whole of the lines were cleared at satisfactory prices. Our catalogue comprised about 370 bales, every one of which was sold. The following were the ruling rates for the day ;—(lrreasy : half bred, 6|d to B£d ; crossbred, s|d to 7£d ; merino, s|d to 7d ; pieces, Id to 4d ; locks, to 2jd. Scoured ; Crossbred and halfbred pieces, 8d to B|d; locks, 6fd, Sheepskins—The market has lately been well supplied, and a good demand exists, with the result that all lots coming forward are promptly cleared, Tallow and Fat—The market continues dull. Rough fat is now worth Id per lb. Hides—All lots coming to band are readily placed at from 2|d to 4jd. Wheat —Large lines of milling wheats have lately changed hands, and stocks are now getting low, There is, however, sufficient on hand to keep our mills going til! the new crop comes to market. Present indications point not only to a good yield, but also to a first-class quality of grain. Harvesting will commence in about ten days. The market is quite bare of fowl wheat, all the slocks of this description having been shipped t° the northern markets. Oats—Stocks are low, but, as harvesting has commenced, no inconvenience will be felt. Prices have lately hardened, and present quotations are Feed sorts, Is 8d to la lOd ; Canadians, Is lid to 2s Id, ex store. Barley—Nothing at present doing in this cereal. The new crop promises a first-class yield and quality. Frozen Meat—The Canterbury, the first ship loaded at th's port with frozen meat, sailed for London on the §th inst, with 8648 sheep and lanjbs. The Company is now freezing a cargo for the Mataura, due in March. CHRISTCHURCH CORN EXCHANGE, The Corn Exchange reports for the week ending Friday eyening, the 2sth Janpary Business has been exceedingly dull during the past week in the absence of farmers, who are still in the midst of harvest operations. The slight rainfall has retarded the harvesting but will have been beneficial to the grass and the turnips. Quotations for prime wheat are barely so firm, and range from 3s Id to 3s 3d ; second quality, fit for home shipment. has enquiries nt'2's'lOd to3s ; chick whole,’ 2s 9d. A fepr lines of qew oats have been in the market, but only small parcels have beep sold. The samples aro bright, but not over heavy. Bright short feed and milling are saleable at Is Ud to 3s Id 5 slightly discolored short, Is 9d to la lOd ; lower grades, Is 7d to Is Bd. Prime malting barley (old) has an occasional enquiry at prices up lo 3a 3d ; feed lines are wanted at IsXOd to la lid. Very few parcels of rye grass are yeji to hand but what we have seen are of good quality ; prices af present have a wide range, being from 2s 9d to 3s 6d. No sales of this season’s cocksfoot'have come under our notice) but reports speak

j favorably of the quality. Dairy produce is rather dull but. prices are unchanged. The above prices are those paid to farmers, and delivered f.o.b. Lyttelton. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday small entries of stock were again yarded, an average attendance of buyers assembling. The fat cattle were of various degrees of quality, principally light and medium weights ; the demand middling throughout, with little or no quotable alteration. Steers sold at from £b 17s 6d to £7 10s ; heifers, £4 15a to £6 10s ; fat cows, £4 to £5 17s fid, being at the rateof from 17s fid to 19s per 1001 b, according to quality. The fat sheep were, on the whole, of good quality. The demand, helped as it was by enquiry for export, was not able to augment existing values to any extent. Crossbred wethers sold at from 8s to 10s fid ; ewes, 5s to 7s 3d ; merino wethers, from 4a to 8s fid ; the latter price for a pen of excellent quality and heavy weights. Very few lines of store sheep were offering, and very little demand shown. A line of crossbred ewes with lambs sold at 3s 9d, all counted, and a line of inferior hoggets at 2s fid, and another line at 4s 9d. In the store cattle market but few lines on offer ; busines done at about late rates. A slightly larger entry of pigs sent to hand, and n little improvement shown in values. Fat lambs were also fewer in number, and sold at an improvement on late rates, viz., 4s fid to fis 9d per head, DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Since last report no chaige can be chronicled. There are few prime lots offering for sale, stocks being almost run out, and millers being in short supply. Parcels arriving would therefore meet a ready sale, and, if prime lots, up to 3s 9d would be obtained ; medium, 3s 5d to 3a 7d ; and fowl feed which is also very scarce, 3s 2d to 3s sd. Oats—The prices recently ruling in this market have prevented any shipping, and the result is prices have risen considerably in Sydney, but still do not warrant any business be ng done. Locally there is still a continued speculative demand, and all lota arriving are readily disposed of at advanced rates. Prime milling and heavy bright seed have been sold at up to 2i fid —this being for a special prime parcel ; fair to good, 2s 2d to 2s 4d ; inferior to medium, up to Is lOd. Birley—There are a few enquiries for malting and milling, and actual sales have been made i t Ss fid per bushel for ordinary malting, and 2s to 2s 9d for feed. Chaff—There is a fair demand for good quality, well cut, at £3 5s to £3 7s fid ; ordinary, £3 to £3 2s fid* Potatoes —Owing to large lots being placed on the market this week prices have collapsed, and as low as £3 10? has been taken ; sales have been at £5 down to £4 10s and £4 15s. Bufter —Fresh is in demand at 8d to 9d for prime, and for second quality, Salt sells slowly at 8 ) to B£d, the demand being purely local. Cheese—s|d for beat quality. Eggs—7£d to 8d per dozen. Hides—Prices remain similar to previous quotations —viz,, for heavy weights in good condition, 3|d to 4d ; medium, 3d to 3|d ; light, 2|d ; cut and bull hides, 2d to 2|d per lb. Tallqw—Prirpe rendered, up to £2Q per ton ; medium, £ls to £l7los ; rough fat, 7s to 11a per cwt. The usual weekly sales were hold last Monday, and full catalogues were submitted. There was a large attendance of the trade, and all the lots were sold at prices similar to last week—viz., fullwoolled crossbreds and merinos, 2s to 2s 4d ; medium do, Is to Is lld ; lambskins, fid to Is ; pelts, up to 9d ; skins in bales, 2d to fid per lb, DUNEDIN STOCK MARKETS, At the Burnside Yards on Wednesday the following business was transacted f Fat Oattle—An average supply was yarded to-day—viz., 211 head, about 100 of which were prime, and the remainder inferior to medium. Bidding was unusually dull, and prices again low ; a few pens of best quality being turned out unsold. IBullocks sold at £3 l7s fid to £9 for very prime ; cows, £2 10s to £7 2s fid. —Messrs Wright, Stephenson and Co. sold for Mr Andrew Grant (Temuka) 6 bullocks at from £6 17s fid to £B. Mr L. Maclean sold for Mr M, Studholme (Waimate Estate) 7 cows from £5 35a to £7. Fat Calves—Tep yarded, and sold at fis to lls. Fat Sheep—ln all 1841 were yarded, comprising 1681 crossbreds, and 100 merinos, the most of which were good mutton, together with a few pens of extra prime wethers. Prices opened at a shade in advance of last week, but gradually receded, the average being about the same as last week. Best crossbred wethers brought 8a 9d to 10a fid j several extra heavy pens, 12s ; best ewes, 7s fid to $a 3d ; others, 4a Qcl to 7s ; merinos, 5s (o Bs.—Messrs Wright, Stephenson, and 00. sold for the N.Z. and A, Land Co. (Levels Estate), 65 crossbred ewes at from 8s to 9s 3d. Messrs Donald Reid and Co. sold for tho N.Z. and A. Land Co. (Pareora Estate) 86 crossbred ewes at 7s fid, and some halted ewes at 7s fid. Fat Lapibs—A large supply was forward—viz., 59Q, the larger proportion of 1 which was prime quality. The demand was limited, and prices ruled from 5s to 7s 9d. Fat Pigs.—l 47 were forward.—Messrs Wright, Stephenson, and Co. sold bacon pigs at 28s to 36a ; porkers, 18s to 24s } stores, at from 5s to 17s. Store Cattle -Quiet well-bred Cattle, in E trward condition, find a market, but owing the poor prospects for feed in the meantime prices are jp fpvor of buyers. Stpre Sheep—There ia some inquiry now fop Store sheep, both merino and crossbred, which may lead to business. Horses—Messrs Wright, Stephenson, and Co. report as follows :—For last Saturday’s sale a vf-ry large supply of horses came forward, chiefly medium saddle and light-harness horses. There was a good demand, and out of 83 head offered, 61 changed hands ut quotations. We quote first-class draughts at from £23 to £3O ; medium, £l4 to £2O ; first-class hacks and light-harueas horses, £lB to £25 ; medium, £8 to £l2; inferior, £3 to ig(p (