COMMERCIAL.

Temuka Leader, Issue 1999, 25 January 1890, Page 4

COMMERCIAL.

OHETSTOHUROH STOCK MARKETS. At the Addiugton Yards on Wednesday the sale was of a dull nature, everything being hard to dispose of. Fat Cattle. —A. medium entry yarded. Values remain unaltered except for Becond-rate stock, which were extremely hard to place. Best beef made from 16s 6d to 17b 6d per 1001 b, and inferior sorts from 14s 9d to 15s 6d. Eat Sheep—The entry was unusually small. Bidding was dull in the extreme.; Two or three lines of grand crossbreds made up to 14s 6d, while a pen of exceptionally prime wethers were placed by the New Zealand Loan and Mercantile Agency Company, Limited, at 16s a head. Best mutton may be still quoted at 2id, and inferior at considerably lower rates.

Among the sales made was one for Mr A.'M. Clark, 180 crossbred wethers at 14s Id to 14s 7d. Fat Lambs—Small entry. Good sorts made a slight advance on last week's rates, while inferior made about the same. A pen of enormous lambs changed hands at 14s, while others made from 7a 6d to 12s a head.

Pigs—The entry was very small, and included but few good sorts of porkers and light baconers, which realised current rates, DUNEDIN SiTOOK MARKET. At the Burnside Tarda on Wednesday the following business was transacted : The yards were well supplied with nil classes of btock.

Fat Cattle very dull and dragging sale—even more than the last—and during the *arly and middle stages ©f the auction prices ruled from 5s to 10s per head below those current last week. Towards the close competition was a little better. Prime bullocks may be quoted at from £7 10s to £8 sa; exceptional l.its to £9 ; medium weights, £6 5s to £7 ; light, £5 to £5 15s ; cows and heifers lower proportionate rates.

Fat Calves—2o fat calves sold at up to 40s. Fat Sheep freezing purposes there was comparatively little demand, and values receded considerably. Of second-rate lines—viz., aged ewes, as also light weights generally—the supply was in excess of requirements, and prices for such were about Is 6d per head below quotations at the previous sale. Prime crossbred wethers brought 12s to 13s, extra heavy to 13s 6d ; a few specially selected sheep to 17s 9d; but this latter price was altogether outside the ordinary range of values for the day. Medium-class wethers sold at 10a Gd to lis 6d; light weights to 10s 3d; heavy weight ewes, 9s 6d to 10s 6d ; an exceptional line or two to 12s ; inferior to medium, 7s to 9s 6d ; merino wethers, of which about 130 were yarded, 5s to 10s.

Fat Lambs—lsl7 yarded. Really good lots, fit for shipment, sold at from Bs. to 9s; some few extra good at beyond these rafcas; medium sorts, 7s to 7s 9d; inferior, 4s 6d to 6s. The drop in prices ranged from Is to Is 6d per head below last week. Pigs lots and porkers. The first-mentioned were dull of sale at from 28s to 40s, but porkers and the few stores offering sold fairly well, the former at from 22s to 25s ; suckers to 10s to 12s. DUNEDIST PRODUCE MARKETS.

The following is the report for the iveek ending Wednesday:— Wheat—Although the weather during the past week has been cold and boisterous, and very unlike what might be expected at this season of the year, still the rain l-i;a,l: h;<- fa ilea has no doubt done some more especially in the northern districts, in preventing some of the grain ripening off too quickly. In early sown oats, however, the machines are already at work in some parts, and it will not be long before the oat harvest becomes general in localities north of Oamaru The prospect of improved prices, however, seems very remote, and more especially so when the reported Australian heavy yields are taken into consideration—the probability being that we shall have to utilise the Home market almost exclusively for the disposal of our surplus.

Oats—ln cats a good few sales have been made during the week at from Is 5d to Is s£d for bright heavy feed, up to Is 6d to Is 6jd for the best

milling samples, owners having evidently made up their minds to quit their stocks on hand at such prices as are ruliDg. Wheat—The wheat market continues in a state of stagnation at least for average milling samples—sales being confined to a few choice lines of velvet and tuscan on the one hand, and third rate parcels for fowl feed on the other. We quote last week's rates aa follow :—Prime tuscan, 3d to 3s Id ; best Northern velvet, 2s 10|d to 3s • average samples of velvet and red straw, 2s 9d to 2s lOd ; inferior, 2s 7d to 2s 8d; whole fewl feed, 2s 3d to 2s 5d (ex store). Barley—There is still little or no inquiry for this cereal, the only occasional sales made being for prime malting, of which there is very little in the market, prices tor such being (nominally) about 3s to 3s 3d. Holders are asking 2s 3d te 2s 6d for medium

clasß parcels, but for such there are few if any buyers. Potatoes —£4 to £4 ss. Pigs—The weather is too hot to cure, hams, 8d; flitches and rolls, 6d. Chaff—£2 15s to £3 ss. StrawOaten and wheaten, 355. Dairy Produce —Butter: Salt (nominal), 5d to 6d. Honey, 4|d. Cheese —Old factory, 4d; new, to 4fd; new Akaroa, 4d, Grass Seeds—Ryegrass, 2s 6d to 3s 6d ; cocksfoot, 2£d to 3£d. Sheepskins —At last Tuesday's auction butchers' green crossbred pelts brought Is 7d to 2s —exceptional lots to as high as 2s 2d; inferior to medium, Is 2d to la 4d ; green lamb- ' skins, Is 5d to 2s lid ; dry, country skins of a medium class, 2s 6d to 3a 9d ; inferior, Is 4d to 2s ; medium to full weolled crossbreds, 4s to 7s 6d ; merinos, 3s 6 d to 6s; dry pelts, 4d to Is. Hides are unaltered in value, the supply keeping up fairly well. For

the last twelve mouths there has been very little variation in prices, which may be civen as follows: —Prime heavy ox, 2fd to 3d per lb ; medium to heavy, 2|d to inferior, 1-id to If d.

Tallow—Prime rendered mutton tallow, 19a to 20s per cwt; medium to good, 16d to 18s ; inferior and mixed, lis to 15s; rough fat—best to medium, lis to 12s 6d ; inferior 9s to 10s, AUSTRALIAN MARKETS. Sydney, Jan. 22, Chick wheat, 2s 6d to 2s 9d. Best

new roller flour, £9 10s to £lO. Feeding oats, 2s to 2s 2d ; milling oats, 2h 3d. Maize, local sorts, 3s 3 i to 3a 4d. New Zealand oats, 3a 4d. Bran, 7d ; pollard, Oatmeal, 9d ; best sorts, Is, Potatoes, £3 15s. Onions, £4 10s. Batter—Dairy makes, 5d to 6d ; factory makes, 7d to Bd, Cheese is pletiful, at 3|d to 6d. Bacon—Machine cured, 7£d ; hand cured, 8d ; New Zealand cured, 9£d ; hams, lid to Is. Melboubne, Jan. 22.

New wheat, 3s 6d; old wheat, 3s 3d. Flour—Stone-makes, £8 5s ; roller, £9 upwards. Oats, New Zealand sorts 3s 2£d. Maize, 3a lid. Barley—Feeding sorts, 2s 6d ; malting, 4s. Bran, Is. Peas, 3s. Adelaide, Jan. 22. Wheat, shipping parcels, 3s s£d. Flour, stone makes, £8 10s to £B lss ; roller makes, £9 to £9 15s. Bran, whites, £25. ENGLISH MARKETS. London, Jan. 22. The quantity of wheat and flour afloat for the United Kiagdom is 2,092,000 quarters, and for the Continent 372,000. The American yisible supply is estimated at million bushels. Money is declining. Three months' bills are quoted at 4| per cent,