COMMERCIAL.

Temuka Leader, Issue 1488, 3 April 1886, Page 3

COMMERCIAL.

OHRISTOHURCH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 2nd April:— The grain deliveries by rail continue on a large scale, The favorable weather has allowed the threshing operations to be carried on without hindrance, and many of the machines in the north districts will have finished their engagements in the course of two or thres weeks. In the southern districts, however, threshing is at its height, and samples, especially oats, are offering freely. The wheat market contiiues firm, Tuscan baing worth 8s 5d to 3s s|d ; pearl and Hunter's, 3s 4d to 8i broken chick wheat has still a strong demand at 2« 8d to 2i lid. Oats have had more enquiry, but prices are unaltered. Mining are worth 2s Id ; stout short feed, 2s seed, 2s to 2s Id ; Danish, Is 10 1 to Is lid. Barley has a languid maiket, only extra prime malting commanding atttntion of buyers, second quality being totally neglected. Feeding lines are being quitted at Is 101 to 2s Id. Beans: Numerous sales have taken place at 2s 8d to 2s lod. Blue peas are quiet at former quotations ; feed kinds are offering at 3s to 3s 3d. Ryegrass : The demand for this seed has slackened considerably, and prices for farmers' parcels have receded, while machinf-dressed is still quoted at 5s to is 6d ; farmers lines vary from 3s 3d to 4s 3d. Cocksfoot has do buyers, and values are nominal at3£d to 4d, Derwent potatoes are selling tor forward delivory at 40s to 42s 6d at country stations ; sacks extra. Dairy produce has a vary strong enquiry, and last week's quotations aro firmly maintained.

The above prices are for delivery f.o.b. Lytteiton. CHRISTCHURCH STOCK MARKETS. At tin Aldington lards on Wednesday large entries of sheep and moderate entries of cattle were yarded. An average attendance of buyers and others. Fat eittle—Hardly an average entry, qtulity principally good, demand rather dull. Rates, however, show no alteration. Steers sold at from £5 10* to £7 ss, heifers from £4 12s 6J to £6 2s 6d, fat cows, £3 17b 6d to £5 17s 6d, being from 17» to 18* perlOOlb. Fat sheep —A good entry, some good lines of crossbred wethers being on offer. For these an improved demand was shown. Ordinary sortß show no alteration. The following are the prices paid : —Crossbred wethers, from 7» 9d to 9s 3d ; and for a very extra line, 12s and 12s 6d were paid ; crossbred ewes, 5s 3d to 7s 3d; meriao wethers, 3s to 4s 3d. Store sheep—A large number on offer. No improvement to record in valueß. Crossbred ewes, 4 and 6-tooth, from 3s 9d to 4s per head ; aged ewes, 2s par head; aged merino ewes, from Is to ls4d per head ; a small line of lambi at 2s 9d. Fat lambs—Only a moderate entry. Sales made at from 3s to 6s per head. Pigs—A fairly good entry. Values show no alteration from those lately quoted. Porkers sold at from 16s to 30s per head ; stores, 3s to 18s 6d. Store cattle—A very small number yarded j demand also proved very slack ; no sales to note. In the market for dairy stock there was a good entry of and heifers, near to calving, the demand for which was keen. Tlio following are the prices obtained :—£s, £5 7s 6d, £6 7s 6d, and up to £8 7s 6d per head. A9HBTJRTON RA.U FAIR, Mr E, G. Staveley (for the New Zealand Loan and Mercantile Agency Company) reports on the Ashburton | Bam and Ewe Fair on Thursday as follows :

About 14,503 ewes and 100 rams, all breeds, were yarded. The attendance was large, bnt there was not much demand. Ewes and rams sold fairly well, 2-tooth crossbred ewes 3s lid, 4-tooth do 43 and 4s 6d, aged do Is 9d to 2s 7d ; aged merino ewes 9d to Is, sound-mouth do 2s to 3a; Rams—Southdown, 2-tootu 1 to 2| guineas, do lambs half a guinea, 2-tootii Leicesters 1 to 2 guineas, Lincoins from three quarters of a guinea, to 2 guineas.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday :.

Wheat—Business during the week has been of limited exteDt. The unsettled weather experienced lately has retarded threshing operations, and no great quantity of the now crop is yet to hand, 'here is some inquiry for shipment, but millsrs are averse to large operations ut present. Qaotationa, which have not

materially altered, are—Prime milling velvet and Tuscan, 3a Gd ; other useful milling descriptions, 3s 4d to 3' 5d ; inferior and chick feed, 2r 9d to 3s 3^. Oalß are iu fair request for shipping, and there are orders for considerable quantities on hand, but as prices < flared are lower than lute quotations, consignors prefer storing for a time. A considerable quantity being still in the etook can hardly escape damage, and should enhance the value of good bright oats. Quotations are—Prime milling, 2s to 2s o£d , short bright feed, Is lid to 2s ; medium, Is lOd to Is lid ; musty, Is 6d to Is 9d. Barley Malting, in the absence of sales, prices are nominal. Feed and milling may be quoted at Is 9d to 2s 6d. Ryegrass seed is only in moderate demand, but prices remain firm at late quotations, viz., 3s 3d to 4s 6d for undressed lots off old pasture ; cocksfoot is quiet at 4d per lb. Potatoes are getting more plentiful, and caunot be quoted at over £4. Butter—Fresh, 9d to 9sd; salt, 9d to 9£d. Cheese—Best quality, 6d to 6Jd. Egg*—Very scarce at Is 6d,

Sheepskins—Country dry lots are selling at equal to last week's quotations ; fresh pelts sold at la 3d to 2s Id ; l«mbskins, lOd to 2s 2d ; dry crossbreds, lid to 3s 3d ; do merino, 9d to 2s lid ; pelts, 2d to Is Id.

Hides—Prices range from 2f d to 3§d, according to condition and weights. Tallow —Prime rendered is scarce, but there is a fair supply of inferior quality. Sales made show values as follows :—lnferior, £lO to £l2 ; medium, £l3 to £l6 ; prime, £l7 10s to £lB 10s.

DUNEDIN STOCK MARKETS.

At the Burnsido Yar<'s on Wednesday the following busiuess was transacted :

Fat Cattle --181 head wore yarded for the week's supply. About half were prime, and a few pent) extm heavy, with the rect small cattle in fair condition. There was brisk competition for pnmesl lots, and for an odd pen or two a slight improvement in prices ; others sold readily at fully last week's quotations. Bullocks sold at £3 15s to £9 lOs-a couple pens extra heavy and well-finished at £9 15s ro £lO 15s; cows, £2 17* 6d to £7 ss—Mesrs Lonald lieid and C". hoM for Air W Quiun (Makikihi), 6 bullocks at £8 7s 6d lo £9.—Mr L. Maclean sold for Mr M. Studholme (Waimate tor Messrs M'Qoverin and Bardie (Waimate), 14 bullocks at £7 to £B. Fat Sheep—This week's market was supplied with 150 merino wethers (very medium mutton) and 1583 crossbred», a fair proportion of which were very prime. Ewes and medium quality sold at about last week's rates, prime, slightly higher. Crossbred wethers sold at 8s to 9s; do ewes, 6s to 8i 6d ; merino wethers, 3s 6d to 5s ; do ewes, 2s9dto3s6d.—Messrs Wright, Stephenson and Co. sold for Mr William Grant (Timaru), fil half breds at 7s ; for Mr Thos. Mitchell (Washdyke), 70 crossbred ewes at from 5s 3d to 5s 6d. - Mr L. Maclean sold for Mr M. Studholme (Waimate Estate), crossbred sheep at 7» 9d to 9s, and 87 merino sheep at ii 6d to 5h 3d. Fat Lnmbs—79B camo forward. There was very little demand, and for those sold prices were low, tbe range being 2s 6d to 5s 9d.- Mr L. Maclean sold for Mr IV. Grant (Timaru), 51 at 3s 6d, and 35 at 3s.

Pigs—llß were offered, comprising suckers, stores and a few porkers. The latter were well competed for at 20s to 4/8 ; stores, 7s to 18s ; and suckers, 3s to 6s.

Horse Market—Messrs Wright, Stepheo«on and C». repoit as fellows :—Only a moderate number of horses (chiefly lightharness sorts and medium draughts) came forward for la at Saturday's sale, and most of them found purchasers at about current quotations. Heavy young draught geldioge, guaranteed staunch, are in good request, and command prices slightly in advance of those lately in tbn market. We quote first-class at from £24 to £3O ; medium, £l4 to £2O ; first-class hacks and light-harness horses, £lB to £25 ; medium, £lO to £ls ; inferior, £3 to £7:

ENGLISH MARKETS.

Loiwox, March 80,

Wool —The tone of the market today generally is dull. The catalogue comprised 10,600 bales. Breadstuff's and tallow are unchanged. April 1.

Wool—At to-day's auction the catalogue comprised 10,300 bales. The market was naturally weak. GreoKL wools were -1-d to Id, and fleeces about Id to lower than iast sales.

The New Zealand Loan and Mercancantile Company, Limited, have received th ~.allowing cablegram from their Lond n office, dated London, March 30ih, iBB6 : Wool—The sales progress steadily ; market unchanged. The» total quantify catalogued to date ia 63,000 bales, and the total quantity withdrawn 30,000 bales.

Wheat—Market steady. Adelaide wheat iB worth 36s 6d, and New Zealand (avprage) wheat is worth 32s 6d per 496ibs. New Zealand wheat (long-berried) is worth 34s per 496ibs, and Victorian wheat, to arrive iron ship, ia worth, c.i.f., 85s 6d per 480 lbs (January-February bill of lading). Leather—Market steady, Best sides are worth lid per lb. Frozen Meat—Market quiet. New Zealand mutton, weighing 65ibs and 70 08 per carcase, is worth s§d per lb.