COMMERCIAL.

Temuka Leader, Issue 1191, 14 June 1884, Page 3

COMMERCIAL.

o OHRISTCHUBOH CORIS EXCHANGE

The Corn Exchange report for the weekending Fridny evening, the 13th inßt :—■

The continued depression in wheat i 8 most disheartening to tlio producers, who may be iaid to be hoping against hope. Cablegrams from the London market have become so monotonous that those interested on this side of the globe have begun to look for them in each day's issue of the papers with a degree of despondency which bids fair to extinguish the expectations of even the most sanguine. The prices offered in the local market are such us to preclude much business being done, indeed they are equivalent to the announcement that buyers decline to operate for the present. There has been, as stated in our last week's report, ft few spasmodic inquiries for intercolonial trade, which can readily be supplied without in any way interfering with values. Oats are not quite so firm, although former quotations are upheld. In barley the market is quiescent, showins n o prospect of change for the time being. Beans and peas have been in no way affected since last report, whilst potatoes are very slightly in better request.- There is no alteration to report in dairy produce. Quotations are as follows :

Wheat—Sound Tuscan 3s 3d, Pearl 3s 2d, Hunter's white 3s to 3s Id, damp and seconds 2s to 2s 6d. Oats—Milling 2s 4d, short bright feed 2s 2£d to 2s 3d, inferior and discoloured Is 8d to Is lOd.

Barley Prime malting 4s, second quality 3s 3d to 3* 6d, feed 2s 2s 3d. Peas—Sound and clean Blue Prussian 3s 6d, grey or dun 2s 9d to 3s.

Beans— 2s 9d to 3s. Potatoes—27s 6d to 30s at country stations within a radius of twelve miles. Butter and Cheese—Bd to 9d for the former, and 4£d to 5d for the latter. With the exception of barley and potatoes the above are all quoted as paid to farmers when delivered f.o.b. at Lyttleton.

AUSTRALIAN MARKETS. Melbourne, June 10, Ike Melbourne Manager of the National Mortgage and Agency Company of New Zealand (Limited) reports on the local grain market as follows : Wheat, 4s 2d to 4s Sd, market depressed ; malting barley is steady at 4s 3d to 4s lOd ; New Zealand oats, feeding sorts, are quiet at 2s lOd to 3s Id ; milling do, are steady at 3s 2d to 3s 3d ; New Zealand oata under bond, 2s 6d to 2s Bd. The markat is quioter. ENGLISH MARKETS. Loedon, June 11. The wheat market is unchanged. Adelaide, ex store, is worth 41s ; New Zealand ditto, 35s to 40s ; Adelaide flpur, ex store, 28s. Australian tallow Beef, average quality, 36s ; mutton, 37s 6.1. The wool market continues firm. The catalogue at to-day's auction comprised 9800 bales.