COMMERCIAL.

Temuka Leader, Issue 1268, 22 November 1884, Page 3

COMMERCIAL.

OHRISTCHUBOH CORN EXCHANGE. The Corn Exchange report for flip week onding Friday evening, the 21st inst : The latest intelligence from the London market continues to depress values hero to such a degree that it is difficult to place wheat, excepting for urgent local consumption, at anything like remunerative prices. A few small lines have this week changed hands, at from 3s to 3s 41 f.o.b , chiefly for intercolonial trade, and these prices may be said to be the outside value. Oats are not near so well inquired for, and quotations are therefore sliarh'ly easier—2s 9d f.o.b- being about the figure for short stout feed, and bright, plump milling up to 3s f.0.b.; other kinds are almost neglected. Barley remains in just the same condition as to values and demand as has ruled for some months, and doubtless will showno no ticable alteration until the present growing crop comes to market. Beans and peas are very little sought after, although quotations are not afftfoted—3-1 to 3s 3J for the former, and 3s 3d to 3-s 6d f.o.b. for the latter. Potatoes are more eagerly inquired for, but without eliciting any active response, while prices are a little firmer, viz., 50\ to 52s 6d at country stations with>' n J2 miles. In dairy produce v~ C y little business has been done. C> eese "{ s in better request at >' frd ' to 5d per ] b) while butter of primo ~ q „ a iit y C an be bought at f :orn 6(1 t 0 7 d per lb f.0.b., ke £ s extra.

AUSTRALIAN MARKETS. Melb"DßNe, Nov. 20. The New Zealand Loan and Mercantile Agency Company, Limited, held their usual weekly wool sule to-day, v\hen the catalogue, comprising 4300 bales, «as submitted. Tliere was the usual large attendance of buyers, and competition for all lots was keen, the market being very lirm at late prices. Scoured wools were sold at satistactory prices. ENGLISH MARKETS. London, Nov. 15. Prima New Ze dund mutton is quoted at 6>l per lb. Nov. 17. The arrival of wheat cargoes have increased, and a few Continental sales have taken place at 35s to 36s ex warehouse. A further fall lies occurred in breadstuff-, and the market for Adelaide wheat, ex store, haw oecliw'd to 35-* 61. and Adelaide flour to 6d. New Zealand ■wheat if unchanged. The cUah.L'ue at to-day's wool auction comprised 9100 bales. Prices were firmly maintained for good qualities generally ; inferior and faulty wools are rather lower. The New Zealand Loan and Mercantile Agency Company report under date London, 18th inst. :—Wool market unchanged. The competition by b"th dome and foregn buyers is netive. Up to date 45,000 bales have been sold.