COMMERCIAL.

Temuka Leader, Issue 1500, 16 October 1886, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 15th inst. : There has been a total absence of life or speculation in grain and produce, and, with the exception of wheat, it is exceedingly difficult to effect a sale. Consequently it is a hard matter to give a correct quotation as between buyer and seller. The auction on Wednesday, which was well attended, was chiefly noticeable by tbe total indifference on the part of buyers to operate.

Wheat—Values for this cereal maintain last quolations, especially for prime milling lines of pearl, which is in short supply, local millers being the chief operators, with an occasional order from the North. Quotations are—Prime Tuscan and Pearl, 4s 5d ; Hunter’s, 4s 4d ; second quality, from 4s to 4s 3d ; chick wheat, 3s 8d to 3s lid.

Oats have few transactions to record. Holders ask 2s 3d to 2s 4d for short feed, but buyers say they have no orders. Prime milling are lightly held, and ate worth 2s sd. Danish and Tartars have bo enquiries. Barley—The malting season is pretty well passed, and the primest malting samples have been nearly all taken up. Malting parcels now on offer are worth from 2s 6d to 2s 9d. Feed is quiet at 2s 4d to 2s sd. Beans and Peas—No business to note.

Ryegrass and cocksfoot have a very flat market. The former has a downward tendency, and the latter ban no buyers, but a few lines are being shipped on owners’ account. We quote machinedressed lyegrass at 5s to 5s 3d ; farmers’ parcels, 3s 9d to 4s 3d ; heavy cocksfoot, 4d to 4|l. Potatoes hare no buyers, and holders are compelled to ship on their own account to Sydney, where the market is anytling but favorable to shippers. Small lots for local use are selling at 23s 6d at country stations.

Dairy Produos—-Butter is falling, and the demand from outside is nominal. Cheese has a fair trade enquiry at last week’s quotations. The above prices (potatoes excepted) are for delivery f,o.b. Lyttelton.

CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday, there were heavy entries of stock entered for the day’s sale. The attendance of buyers was not a very large one. Business commenced at eight o’clock, and will continue to do so during the

sauinv r nunths. The entry of fat cattle comprised lines of very good quality. The demand was fairly keen ; most lines soli at about a par with late quotations, viz., 22s to 23s per lOOlbs, Steers sold at from £5 17s 6d to £9 [it-f head ; from £5 to £9 2s 6d. Fat -Sheep—A fairly heavy entry, but really prime sorts were rather scarce, and sold, if anything, a little higher than last week. Prime crossbreds sold at from 15s 6d to 18s 6d ; medium, lls 6d to 14s ; merino wethers, 10s to I 13s 6d, an average price of say 2|d per lb. Pat Lambs—The heaviest entry this season ; demand not very keen ; prices ranged from 6s to 9s per head. Store Sheep—A good entry ; buyers not numerous ; business not over brisk. Hoggets sold at from 6s to 10s per head ; aline of 4-tooth crossbreds at Us 6d ; lines of ewes and lambs at 7s and 8s per couple. Store Cattle —A very heavy entry, every pen being filled. The demand for well-grown cattle, particularly steers, was again pretty good. Other cattle were, however, dull of sale. Various pens of tbree-year-old steers sold at from £5 to £5 10«, according to their condition and quality ; two-year-olds from £3 to £3 10s ; yearlings from £1 Is to £1 6s per head ; twe-year-old heifers from £2- 15s to L 3 2s 6d ; dry cows from L2 10s to L 4. A small entry of dairy cattle met with a dull enquiry. Pigs—A moderate entry ; demand not very keen ; some very heavy weights sold at 55s and 59s per bead ; porkers from 16s to 22s 6d ; stores from 6c to lls 6i.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday r Wheat— Wheat has been in fair request, but no sales of importance bate transpired, as stocks in first hands are almost nil and arrivals have been slight. Prices continue firm and slightly advancing. Prime milling velvet and Tuscan, 4s lOd to ss; red wheat, 4s 9d to 4s lid; medium to good, 4s 4d to 4s 8d; inferior and fowls’ wheat, 3s 3d to 4s 3d (ex store, bags weighed in). Oats. —Oats are in very limited inquiry. Prime milling, 2s 2d to 2s 3d ; short bright feed, 2s to 2s Id ; medium, Is lOd to 2s; inferior, Is 8d to Is 9d; long Tartars, fit for seed, 2s 4d to 2a Bd, but slow of sale (ex store, bags in). Barley; There is very little doing in malting samples, but there is a very good demand for milling and feed, which is in short supply, scarcely any being in the market. Prime raa'ting, 3s to 3s 2d; medium, 2s 9d to 2s lid; feed and milling, 2s 6d to 2s 8d (bags weighed in). Ryegrass—The market continues quiet. Farmers' undressed medium, 3s 3d to 4s 3d ; good to prime, off old pasture, 4s fid to ss; machine-dressed, 6s 3d to 5s fid ; extra prime, 5s 9d to fis ; imported, 5s fid (bags extra). Cocksfoot—There is no alteration in demand or value ; the business passing is small, at from 4|d to 5d per lb (bags extra). Potatoes —The market is glutted. Freshpicked Derwents are sold at from 40s to 50s; inferior, unsaleable. Butter—Salt butter is dull of sale at fid to 8d ; fresh (in over-supply), at fid to 8d mixed lots. Eggs—Eggs, 7d to 7fd per dozen.

Sheepskins —On Monday, country dry - crossbred, low to medinm, brought 10d :to 3s fid; full-wool, 3s 9dto 6s 8d ; merino, low (o medium, 8d to 3a 3d; full-wool, 3s fid to 4a 9d ; dry pelts, 2d to 7d ; green crossbreds, 4s 9d to fia 4d ; do memo, 4a fid to 4s lid ; lambskins, sd, Hides—inferior and bulls’, l£d to 2d; light, 2£d to 2fd ; medium, 2|d to 3d ; heavy, B£d to 3£d per lb. Tallow—Quotations are about the same as last week, viz., inferior and mixed, 10a to 13s ; medium, 14a to Ifis ; good to prime mutton, 17s to 19a; rough fat, inferior and mixed fis to 7s, medium, 8a to 10s ; caul, or any other good clean fat, 11s to 12a per cwt.

DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted :

Fat Cattle—A moderate supple of 195 head was yarded for the day’s market, the quality being from ordinary to prime. There was very good competition, the whole being disposed of at prices slightly over last week’s. Best bullocks brought £9 10s to £l2 12s fid ; light ordinary to good, £5 10s to £9 ; cows in proportion. —Donald Stronach sold for Mr Andrew Grant (Temuka), 24 bullocks at £8 10s to £lO 2s fid.

Fat Calves—Four in, which sold at 11a to 19s each.

Fat Sheep—The market was a fair one 4072 being penned. For beat description of crossbreds the demand was fairly active, but at prices Is to Is fid below last week’s ; inferior and medium suffered fully 2s of a decline. Best crossbred wethers brought lla to 15s 3d ; medium to good, 7a 6d to 10a fid ; best crossbred wethers ewes, 10s to 13s fid; merino wethers, fia to 10s fid. Fat Lambs—2s3 were penned, - and all sold under moderate competition at from 5s to 10s 9d.—Wright, Stephenson and Co. sold for Mr William Grant (Timaru), 27 at from fis 6J to fis 9d.

Pigs—los were penned, but met with a dull market and lew prices. Slips and stores brought 3s 6d to 10s; porkers, 14s to 20s ; baconers, 25s to 42a—one pea to 525,

Horses —Wright, Stephenson, and Co. quote first-class draughts at from £24 to £27 ; medium (useful farm horses), from £ls to £22; light draughts and springcart horses, from £l3 to £l7 ; first-class hacks and light-harness horses, from £l6 to £22; medium, £8 to £l2 ; inferior and light, £lloa to £5.

AUSTRALIAN CABLE. Melbourne, Oct. 13. The Melbourne Manager of the Nasional Mortgage and Agency Company of New Zealand, Limited, reports on the local markets as follows : Shipping wheat, quiet, 6s 5d ; malting barley, no improvement, 8s 9d to 4s 3d;

New Zealaud oats, steady, but not in nc ive demand, 3* Id to 3- 3 . ; millings os have a moderate enquiry, 3s 4d to 3 0 5d ; under bond, slow of snip, 2s 5d to 2s 7d, Messrs Goldbrough held their second sale of the season this afternoon, the rooms being crowded with buyers. Competion for all lots was keen, especially on the part of (ho foreign buyers. The catalogue comprised 4150 bales, of which 8900 were sold. Inferior to good greasy merino realised from to Is per lb ; medium to good scoured sold at from is 2d to Is 7|d per lb. The bulk of the greasy wool was disposed of to Continental buyers. Oct. 14. The New Zealand Loan and Mercantile Agency Company held their second sale of the season this afternoon, to an increased attendance of Home and foreign buyers. A strong demand continues for good qualities, and last week’s improvement in prices is firmly maintained. There is no material change to report. 1700 bales were offered, and ICO (sic) sold, greasy realising up to Is per lb ; scoured up to Is 7|d per lb.

ENGLISH MAEOTS. The New Zealand Loan and Mercantile Agency Company (Limited) have just received the following cablegram from London, dated 12th Oct., 1886 : Wheat—L’he market is dull. Victorian is worth Sss; New Zealand average 35s 6d, and New Zealand longberried 34s 6d per 4961b5. Tallow—The market has a hardening tendency, Good mutton is worth 26s 6d. and good beef 23s per cwt. Leather—Market unchanged.

Frozen Meat—Meat quiet. New Zealand mutton weighing 66lbs and 701bs per carcase is worth 4|d per lb ; New Zealand beef, 4|d per lb.

Wbiib’ “Rough on Cosnb.”— Ask for Wells’ "Rough on Corns." Quick relief, complete, permanent cure. Corns, warts; bunions. Kempthorne Prosser and Co. Agents, Christchurch. 3

Major Shepherd, of the ftew Zealand militia, is gazetted Lieutenant-Colonel, and Sergeant-Major Falconer, of the Royal Engineers, Lieutenant.

Thh Tidt Housbwifb.— The careful, tidy housewife, wbeu giving her bouse its spring cleaning, should bear in mind that the dear inmates are more precious than houias, thsir systems need cleaning, by purifying the blood, regulating the stomach and bowels, and she should know that there is nothing that will Qo it so surely as Ameri.an Oo’a Hop Bitters, the purest and best of all medicines.

'• Rough on Cohns.” Ask for Cells’ “ Rough on Corns." Quick relief, complete, permanent cure. Corns, warts, bunions, Kempfchorne, Pros**' and 00., Agents, Christchurch, 8

HoULOWAY’S Pmfl AND OINTMBNT, Whilst the inhabitants of our cities suffer fromthe effect of overcrowding and all its at. tcndant evils, both physical and moral, th e more robust and energetic emigrant will in his turn be liable to suffer in his new home from the want of ready skill aid the great medical resources of his native laud alwaye at command. The best advice a friend oan give is for him to take a supply of these wellknown remedies as part of hia outfit, for by attention to the easily understood and yet ample direotiona which accompany each box and pot he will never be at fault when taken ill or under at yiladyerse sanitary conditions of life.