COMMERCIAL.

Temuka Leader, Issue 1503, 23 October 1886, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 22nd inst. : Spring sowing is fast drawing to a conclusion, the weather for the past week being all that could be desired, and generally the seed . has been got in in capital order. We hear of no large acreage of. potatoes being planted, no doubt the difficulty in quitting surplus stocks having some influence _ with planters. The markets in both grain and produce are entirely without animation, and last • week’s prices can be repeated without remarks. Wheat—Pearl and Tuscan (firm) at 4s 5d ; Hunter’s, 4s 4d ; second quality, 4s to 4s 3d ; and chicken wheat 3s 8d to 3s lid. Gate—Milling, 2s sd; short feed (weak) •it 2a 3d to 2s 4d ; Danish and Tartars, 2a to 2s 2d. Barley—-Malting, 2s 7d to 2s 10J; feed, 2s 4d to 2s sd. Beans and Peas—No business doing except for small parcels for seed purposes. Ryegrass—Machine-dressed, 5a to 5i 3d ; farmers’ parcels, 3s 9d to 4s 3d. Cocksfoot—Bright heavy seed, 4d to 4*d. . . Potatoes have no enquiry ; prices are nominally 22s 6d at country (stations, Dairy Produce—Butter is weak at 7d. Cheese ranges from, 5d to 6£d. The above prices (potatoes excepted) are for delivery f.o.b. Lyttelton. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday, there was yarded a small entry of fat sheep, a pretty good number of store sheep, a moderate entry of fat cattle, and a large number of store cattle. The attendance of buyers for fat stock was a good one, but graziers and farmers were not very numerous. The fal cattle were of pretty good quality throughout, some very heavy bullocks being offered. The demand was fairly good, and values were if anything slightly better. Steers sold from £6 5s to £ll 15s; heifers and fat cows from £1 15s to £8 12a 6d, being from 22s to 24e per lOOlbs as to quality.' The large number of store cattle did not meet with a very good inquiry, with the exception of well grown steers and heifers, which again sold very well. Three-year-old steers fetched £5 to £5 ss; two-year-olds, £3 5a to £3 10s; heifers, from £2 15s to £3 15s; young cattle from 25s to 365. The demand for dairy stock vae not at all good ; very low prices were ruling. The supply of fat sheep was not large ; quality not, on the whole, good. The short supply hardened values a little, viz., about Is per head. Crossbred wethers sold at from 15a to 18s for prime ; medium weights, lls 9d lo 13s 6d ; merino wethers from 8s 6d to to 13s 6d, and as high as 16s 9d ; shorn crossbred ewes at from da to 12s per headand from 2£d to 2|d per lb was about ruling prices. The store sheep on offer were principally young, an odd line of ewes and lambs now and again. The demand was hardly so good as of late. Hoggets sold at from 3s 8d tb 9s sd, ditto shorn at 5s 5d ; ewes and lambs at 7s 3d. A small entry of fat lambs sold at from 6s 0d to 13s 6d per head. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday r—Wheat—A firra demand continues to be experienced for cfooicp milling samples. Late quotations bold good, but millers, however, are not prepared to buy largely at these prices. Quotations are j—For prime milling, 4s lOd to 5s ; medium, 4s 6d to 4s 9d ; inferior and fowls’ wheat (which is more plentiful), 3s 9d to 4-> 3d. Oats—The market is decidedly weaker. Local dealers are fully supplied, and are buying very little. Prime milling is worth 2s to 2s Id ; best bright feed, Is Hd to 2s; medium, Is 9d to Is lOd ; inferior, 1* 8d to Is 9d. p ar l e y—There is a fair enquiry for feed apjttffliilliDff) I be value ot the former at present being 3s 0d t® 2s lOd, and the la+ter 2p 6d to 2s 7d. Nothing doing in malting samples. ' Ryegrass Seed—" Values m without .alteration! and art as follow* {—Machine^

ilrti.su <l, 6 - 34 to 6s ; fanners’ undressed sampii > 3s 6d to s>. Ch ff—Supp'iea of straw chaff are some" hat plentiful, and rather check the high price asked for o>iten sheaf. Straw chaff (well cut) at £3 to £3 2s 64 ; oaten sheaf, £4 10s to £4 15*. Potatoes—£2 5s is all that cun be quoted for northern and £2 for southern Derwents ; store lots, 355. Butter—Salt is plentiful, and slow of sale at 6d per lb; fresh, 5d to 6d for mixed lots. Eggs—Eggs 84 per dozen. Sheepskins—On Monday butchers' green crossbreds brought 4s 8d to 6s Id ; do merinos, 4a 34 to 6* 6d ; country dry skins, ls4d to 5a 9d ; do merinos, Is 24 to 5s Id ; pelts, 2d to 64 ; lambskins, 3d to 9d. Hides- Quotations are Inferior and bulls, l£d to 2d, light, 2£d to medium, 2|d to 3d ; heavy, to 3jd. Tallow—Prime mutton, 17s to 19s; medium, 14a to 16s; inferior, 10s to 13s; rough fat—inferior, 6s to 7s 6d ; good to prime, 8a to 12a per cwt. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—2lo head yarded. Competition was fairly brisk, and although prices obtained were irregular, values all round may be reported at abnut equal to last week’s. Best bullocks brought from £9 10s to £l2 7s 6d (the latter price being obtained for an extra heavy weight pen); ordinary and medium weights, £5 7s 6d to £9; cows to £9 17s 64.—Messrs Donald Reid and Co. sold for Mr Andrew Grant (Temuka), 24 bullocks at £7 to £9 7a 6d. i Fat Sheep—273o came forward. Of these 2530 were crossbreds, including about 500 shorn sheep, the balance merinos. Competition was dull, prices realised showing a drop of from 2s to 2a 6d per head all round on late values. Best crossbred wethers brought from 12s 3d to 16s 3d ; ordinary to good, 8s to 12s; crossbred ewes, 8s to 12s 3d ; shorn crossbred wethers, 7s 6d to 9s 3d ; do ewes, 5s 6d to 6s; merinos up to 10s 3d.—Mr L. Maclean sold for the N.Z. and A. Land Go. (Waimate estate) 59 shorn crossbred wethers at 7s 6d. Fat Lambs—The market was glutted with 457. Bidding was slack, and sales could only be effected at a redaction of from 2s to 3s per head on late value ; a number bad to be turned out unsold. Sales effected ranged from 2s to 9s 3d. Pigs—2lo offered. Baconers brought from 25s to 495; porkers, 16s to 245; stores and suckers up to 13s 6d.—Mr L. Maclean sold 30 for Mr James M’Donkld (Wasbdyke) at from 23s to 31s. DUNELIN HORSE MARKET. Messrs Wright, Stephenson and Co. report first-class draughts at from £23 to £27 ; medium (useful farm horses), £l4 to £2O; light draughts and spring-cart horses, £l3 to £l7 ; first-class hacks and light-harness horses, £ls to £2l; medium, £8 to £11; inferior and aged, £llos to £5 10s. AUSTRALIAN CABLE. Melbourne, Oct. 20. The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reports on the local markets as follows : Shipping wheat, quieter and weaker, 5s 3d to 5s 4d ? malting barley, dull, 8s 9d to 4s 4d. New Zealand oats—• Feeding, quieter, 8s Id to 8s 4d ; milling, rather weaker, 3s 4d to 3s 5d ; under bond, slow of sale, 2s 5d to 2s 7d. Oct. 21. 'I he N.Z. Loan and Mercantile Agency Company held their usual weekly sale to-day, before a large attendance of buyers, fairly representative. The catalogue,submitted comprised 2800 bales, of which all but 300 were sold at very satisfactory prices, All good wools elicited spirited competition, and prices were firmly maiutaiued ; faulty and inferior lots were slightly . depressed ; grpasy.realised up to ll£d, and scoured up to 19d. ENGLISH MARKETS. London, Oct. 18. Colonial breadstuff's and tallow are unchanged.