COMMERCIAL.

Temuka Leader, Issue 1479, 13 March 1886, Page 3

COMMERCIAL.

TIMARU MARKETS,

Quotations are ; —Prime milling wheat, red chaff, 3s to 3s Id ; Tuscan, 3s 2d ; velvet, 3s 3d, Milling oats. 2s ; short, feed, Is lid ; long do, Is lOd. Malting barley, 2s 9d to 3s ; feed, 2s to 2s 3d.

CHRISTCHURCH CORN EXCHANGE,

The Corn Exchange reports for the week ending Friday evening, the 12tb March :

Large quantities of grain are daily coming forward from the country stations. The main proportion of the wheat, however, is going into store on growers’ account, which has the effect of hardening prices for parcels now changing hands. Whole chick wheat has still a good enquiry for shipping. Oats are barely so firm, but business could be done at a slight concession on quotations below. Barley has been offering plentifully during the week, and prices (except for extra prime) are not so firm as last week. Beans are not yet in the market, but blue peas are offering to a good market. Eyegrass has still plenty of buyers for North Island requirements. Cocksfoot is slightly easier, the Home market not being reassuring. Dairy produce has plenty of. buyers for prime tub butter, but the cheese market is rather dragging. Quotations are as follow ;

Wheat—Tuscan, 3a 4d ; Hunter’s and Pearl, 3s 3d ; whole chick wheat, 2s lid to 3s; broken wheat, 2s 6d to 2a Bd. Oats—Stout short feed, 2s Id ; Tartars and Danish, Is lid to 2s. Barley—Malting, 3s to 3s 3d (extra prime, 3s 6d) ; feed, Is lOd to 2s 3d. Beans—Nominal.

Peas—Prussian Blues, true to name, 4s ; machine-dressed lots, 3s 8d to 3s 9d, Rye-grass—Machine-dressed, 5s 3d ; farmers’ lots, 4s to 4s 9d. Dairy Produce—Butter (tub), lid to Is. Cheese, 4£d to 6d. The above prices are for delivery f.o.b. Lyttelton.

CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday large entries of stock were yarded for the day’s supply. An average attendance of buyers and others. The fat cattle were of pretty fair quality, the demand proving very middling. Sales made at about late ruling values, viz., 17s to 18s 6d per 1001 b. Steers sold at from £5 2s 6d to £6 Is 6d ; heifers, from £4 5s to £6 2s 6d ; fat cows, £3 15s to £7 2s 6d. A largo entry of fat sheep were yarded, of various degrees of quality ; demand very dull, not sufficient to clear all on offer, and values show a slight decline on late rates. Crossbred wethers sold at from 6s 3d to 9s; ditto ewes 5s to 7s 9d ; merino wethers, 3s 3d to 6s, In the store sheep market a large number of sheep were on offer, the greater part being aged sheep with a few lines of lambs. Very little inquiry was shown. The following sales were made Four-tooth crossbred wotbera, 5s to 5s 3d ; crossbred' ewes, from 2s to 3s 7d ; lines of lambs, from 2s to 3s 6d; merino ewes, from lOd to Is 9d per head. A small entry of store cattle yarded, demand and values slow, no quotable alteration. A moderate entry of fat lambs yarded, prices ranged at from 2s 9d to 7s per head.

ASHBURTON MARKETS,

Mr E. G. Stayely for the New Zealand Loan and Mercantile Agency Company, Limited, reports on the Ashburton sale on Tuesday as follows:

About 2000 sheep and a fair entry of cattle were yarded. The attendance was better than usual.

Sheep.—Dull. Fat crossbred ewes, 6s ; mixed 2-looth, 5s to 5s 9d ; fat merino ewes, 2s 3d ; inferior first-cross lambs, 2s 9d ; sound mouth merino ewes, 2s ; aged ewes, 2s 5d ; 4-tooth crossbred wethers, 4s ; cull merino ewes, lid, do wetheis, Bd. Cattle.—There was a fair demand for cattle. Fat bullocks, £5 5s to £7 10s; fat cows and heifers, £4 5s to £sl2s (id, equal to 18s per ICOlb; dairy cows, £8 12s 6d to £5 15s; two-year-old steers, £3 3 0s; calves 21s.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday ;■?*- V^heat—Wheat is only in moderate demand, and for immediate requirement. Buyers are apparently disincline d to enter into transactions of any magnitude at present quotations. Prime milling, 3s 7d to 3s 8d ; medium, 3s 5d to 3s 6d j inferior, ga 6d to 8s 4d, bogs weighed it, Outs—These are only in limited demand. A few sales were made for shipment during the last week, but prices are easier. Stocks, however, are noj, heavy, and if not forced’present quotations might, remain firm. Prime etpuf milling, 2s Id to 2s 2d ; bright short feed, 2s ; medium, Is iOd ; inferior, 3d to Is 9,d, parley—fhoro aye no transactions as yet passing jn this. Prices are nominal. Qrags Seed- -Ryegrass seed is in fair demand at from 3s 3d to 4s 6d for undressed old pasture. Cocksfoot is also asked for, and would probably fetch to 4|d, Chaff— Rest quality, would command £3 12s 0d to £3 15s. Ordinary sells at £3 5s to £3 7s 6d, Potatoes—Supplies very short. Derweiits £4 ss. Butter—Fresh Ittd to lid ; salt, 9d. Cheese—Good quality fetches Qd, Eggs—ls per dozen, Sheepskins,—Dry crossbreds brought §d to 8s lOd ; do merinos, 9d to 3s 5d ; dry pelts, Id to od,; green do merino, Is 3d to Is 5d ; do do crossbred, la 6d to Is 9d ; lambskins, Is 7d to Is 9d. Hides—The market continues firm, i all consignments coming to hand find buyers at aboqt late quotations, viz,, for bulls i and slippy, 2d to2£d ; light, 3d ; medium, 3Jd to 3£d ; heavy, clear, and free from s uts, 3| I to 4d per lb, Tallow?-—In sympathy with the continued low prices in the London markets values here keep correspondingly low.

DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—2o2 head yarded ; a few of them prime, but the bulk of medium

quality only. The trade being for the most part in need of beef, competition was fairly active, but last week’s prices were not ine'nuiined. Best bullocks brought from £d 10a to £9 5s ; medium, £6 to £7 15s ; best cows, from £6 2s 6d io £7 12s 6d ; medium, £3 to £5 10s.— Wright, Stephenson and ! Co. sold for Mr Jnseoh Page (Timaru), 7 bullocks at from £7 10s to £8 2s 6d ; for Mr John Douglas (of Waihao Downs), 16 heifers at from £4 7s 61 to £6 16a.—L. Maclean sold for Mr M. Studholme (Waimate Estate), 7 cows from £6 17s Gd to £7 15s.- Donald Reid and Co. sold for Mr A. Hayes (Wnimate), 3 cowsat£6los, and 3 bullocks at £7.

Fat Calves Twenty-four penned mostly well-grown and very prime,— Wright, Stephenson, and Co. sold 14 from Waihao Downs at 23s to 335.

Fab Sheep.—2l4B penned, and of these 450 were merinos, the rest crossbreds of qualities ranging from inferior to prime. The demand was moderatly active, but prices were if anything a shade less than those current last week. Best crossbred wethers brought from 8s 6d to 9s 6d ; others from 6s to 8s ; best ewes 6s 9d to 9a 3d (one very special lot brought 10s 3d); low to medium, 4s 6d to 6s,— Wright, Stephenson, and Co. sold for Messrs Bruce and McLaren (St. Andrews), 62 crossbred ewes at from.-9s to 9s'3d; for N.Z. and A. Land Company (Levels), 62 crossbred ewes at 7s 6di.—L. Maclean sold for Mr Andrew Martin (Mnkikihi), 119 halfbred wethers from 8s 9d to 9s 9d ; for Mr M, Studholme, (Waimate Estate), 35 crossbred ewes at 7s 9d, and 133 merinos at 4s ; for the N.Z. and A. Land Company (Pareora Estate), 68 crossbred ewes afc from 5s 9d to 6s 9d. Fat Lambs—s2l were penhed, Although this number was much below the average usually forward, owing to the trade haying full supplies on hand from last week’s heavy market, competition was hardly' any brisker, and prices obtained show very little advance on last week’s, the range being from 3s 9d to 6s 6d. Pigs—l7B penned, including bacon pigs, porkers, stores, suckers, and a few Berkshire sows. For the last named, and for grown stores, there was a good demand, but other descriptions did not induce much competition. Wright, Stepenson, and Co. sold 5 pure Berkshire sows at from 40s to 56s ; 41 bacon pigs at 27s to 45s ; 122 porkers and stores nt from 8s 6d to 245; 11 suckers at from 3s 6d to 6s 6d.

Horse Market.—-Wright, Stephenson, and Co, report as follows; The supply for last Saturday's sale consisted chiefly of dealers’ lots, in which a fair business was done at quotations. , .At present there is no special demand to note. We quote first-class draughts at from £24 to £3O ; medium, £l2 to £2O ; firstclass hacks and light-harness horses, £lB to £25 ; medium, &9 to £ls ; inferior, £2 to £6.

AUSTRALIAN MARKETS.

Melbourne, March 11.

Messrs Goldsborough and Co. (limited), issued the annual review of the past wool season to-day. They report the shipments at this date Victoria, 287.000 bales ; New South Wales, 300.000 ; and from other colonies, 395.000 ; making a total . exported from Australasia of 982,000 bales, an increase upon previous year’s shipments of 33,000 bales. Exports to the Continent amount to 52,500, and to America 20,000 bales, At the local wool sales, held at Melbourne, Sydney, and Adelaide, 836,500 bales were disposed of, being a decrease of 8400 bales as compared with the previous year. The New Zealand Loan aud Mercantile Agency Company (limited), reporting npon the wheat crop, estimate ♦he gross yield from Australasia to be 33,000,000 bushels; 5,500,000 bushels are set down as available for export. The gross requirements of New South Wales, Queensland, other colonies, and the Pacific Is lands are given at 7,000,000 bushels.

ENGLISH MARKETS.

London, March 10, Breadstuffs and tallow maintain their previous rates,