COMMERCIAL.

Temuka Leader, Issue 1494, 17 April 1886, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 16th April : A considerable amount of settling up has taken place during the past week, and it has been alike satisfactory to buyer and seller, rejections being the exception and not the rule. Wheat—The unfavorable cables from London, and the fact of California loading cargoes for Australia, lias had the effect of slightly weakening the market here, except for Tuscan (prime), which has fully maintained its premier position among wheats, and is eagerly sought after at 3s 5d to 3s s£d. Pearl and Hunters’, however, although no lower than last quotations, are not quite so brisk a* 3s 41 to 3s 4£d. Shrivelled parcels range from a Id to 2d lower ; broken wheat badly wanted among local dealers at 2s 9d to 3s. Oats—The southern growers being in {.he market with large stocks has had the rfLct of easing (his market in fi-cd lines, but their quality not being up to prime milling, the business here in tins class lias been fairly well maintained at 2h to 2-* Id, Short feed is plentiful at Is lid ; Tartars and Danish range from Is 9d to Is lid. Few samples of Dun oats are offering. Barley—This grain is offeting in large quantities, and the maltsters being full up has had the effect of weakening the heal market, and there is little demand for shipment. Extra choice parcels would not be passed at 3s 3d to 3s 4d ; medium quality is unsaleable at the moment; feed has a rather better demand at 2s to 2s 2d, country districts buying largely for pig feed ; local consumption is also good for meal. Peas hare berk quiet during the week, Prussian blues selling at 3s 9d to 4s, while feed sorts fetch 3s to 3s 3d. beans hare had an exceedingly busy week for Horae shipment ,* large quantities changed hands at from 2s 9d to 2s lOd, and the market has closed firm at the latter figure. Ryegrass and Cocksfoct—These seeds have had little business to note during the week, and last quotations are applicable. Potatoes —There has been numerous enquiries ns to probable opening prices for the blues, but little business has been absolutely done. Quotations stand at 47s to 50s. Dairy Produce.—These markets are still unsettled, but prices are unaltered. CHRISTCHURCH STOCK MARKETS. At the Addington "Sards on Wednesday fairly large entries of all kinds of stock yarded. Attendance of buyers about an average one. Fat Cattle—A fair entry of various degrees of quality, demand not very keen ; most lots, however, sold ; values unaltered. Steers sold at from £5 to £7 2s 6d, and in one case as high as £8 5s ; heifers from £3 17s 6d to £6 10s, being from 17s to 18s 6d per lOOlbs. Store Cattle—A small entry ; not much business done. Lines of 3-ycar-old steers said at £4 to £4 10s, ditto heifers £3 10s to £3 15« per head, IS-months’-old cattle at 30s per head. In the dairy stock market a fair amount of business was done at late rates. Fat Sheep—A large entry, large a proportion being of good quality ; demand pretty good, and values showed a slight improvement all round. Crossbred wethers sold at 8s 6d to 13s per head ; ditto ewes from 7s 6d to 9a 9d; inferior sorts from 5s 6d to 6s 9d ; merino wethers sold at from 3s 7d to 5? 61 per head, being from to l|d per lb, according to quality. Store Sheep—Not a large entiy ; a somewhat improved demand shown. Lambs sold at 2s lOd and 8s 5d per head, a lice of crossbred ewes at 3s 7d, a line of cull merino ewes at Is, and a line of two-tooth longwool ewea at 6s per head. Pigs—A rather large entry; demand pretty fair; late rates more than upheld. DUNEDIN PRODUCE MARKETS. The following is the report for the wank ending Wednesday r Wheat—During the past week the market has manifested a decided change foi the better; both millers and exporters ace now operating, and since our last report several transactions of considerable magnitude chiefly in northern wheats—have taken place. Only choicest samples however, are in request; medium qualities for (Hilling are neglected, but there exists a good demand for fowls’ feed. We quote prime Tuscan wheat at from 3s 8d to 3a 9d per bushel, prime pearl velvet at 3s 7d to 3s Bd, fiisf-rclaas red straw at 1 from 3» 6d to 3a Bd, well-filled fowls’ wheat at from 3s to 3s 3d, Oats—Stocks are accumulating fast, as, excepting for a few lines of choice bright milling, there are no orders in the market. Prime milling oats may be quoted at from 2s to 2s o|d per bushel. Other qualities are not quotable at present. Potatoes—Prime Derwenta command from £3 5a to £3 Ids per ton, but the demand is very limited. Barley Business is quiet, and as brewers have not yet begun to malt for the season, they are holding back until there is more in the market. Prices are 3s to 3s 3d for malting, and 2s to 2s 6d for feed and milliog.

Ch. ff -£3 15s for good quality, and £3 7s Gd to £3 10a for ordinary. Grass Seed —.Ryegrass, 4s to 4a 6d ; cocksfoot, 4d. Butter—Prime fresh, 10J ; salt, 9d to 10). Cheese—s|d to 6d per lb. Eggs—Scarce ; price Is 9d. Sheepskins—For Monday’s sale fair catalogues were submitted at the different rooms. Butchers’green skins : Crossbred sold at from Is 7d to 2s, merinos at from Is to Is 6d, lambskins at from Is 4d te 2« 2d. Country shins; Crossbreds at from Is to 3s Id, and merinos at from 8d to 3s 4d. Hides—The demand for both local consumption and for export is good, and consignments coming to hand meet with ready sale at from 3d to 4|d per lb_ for sound, clean, well-saved, salted hides, according to weight. Tallow—The market is very weak, and prices are if anything lower. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted Fat Cattle—263 head yarded, including about one-fourth a little belter than stores ; the rest were of fair to prime quality. For best pens there was good competition amongst the trade at about 'net week’s quotations, and half.and threepurls fat cattle were taken up by farmers at fair prices for turmping. Best bullocks brought from £8 10a to £lO 10s; medium £7 to £8; best cows, from £6 10s to £8 5s ; medium, £4 10s to £6. The JST.Z.L, and M.A. Company (Limited) sold, on account of Mr J. M, Greenaway (Bmlraer), and others, cows from £6 to £7 10s.— h. Maclean sold for Messrs Govorin and Hardie (Wairaate), 14 bullocks from £5 17s 6d to £7 sa. Fat Sheep—l6oß were penned. The supply being a moderate one, competition was, if anything, better than last week, crossbred wethers brought from 7« 3d to 9s 3d, one extra good pen of Lincoln whethers brought 11s, and crossbred ewes from 6s to 8? 3d.—Messrs IVright, Stevenson and Co. sold for Mr W. H. Ednnston (Gleniti, T'maru), 60 crossbred ewes at 7s. L. Maclean sold for Mr M. Estate), 54 crossbred ewes at and 78 half-bred ewes at 7b 3d to 7« 6d ; for Mr F. M. Rickman (VVaimate), 62 half-bred Shropshire Down wethers at 8* 3d. Fat Lambs—472 penned. Excepting for really prime lots, competition was slack. Best lambs brought from 6s 6d to 7« 6d ; medium, 2s 6d to 5s 9d. L. Maclean acid for Messrs Reid and Harper (Makikihi), 238 at from 4s 6d to 5s 6d. Pigs—Of all descriptions there was an oyer supply, 4SI being penned, and prices were if anything easier. Grain-fed bacon pigs brought from 28s to 455, porkers from 17s to 245, stores from 3s 6d to 16s. L. Maclean sold for Mr Alex. M’Kenzie (Geraldine), 26 at from 18s to 365.

Horse Market—Messrs Wright, Stephenson and Co., report as follows;—For last Saturday’s sale about 75 horses came to hand, chiefly town and dealers’ lots, and about one-half of them changed owners at fair prices. There still exists a good demand for henry young draughts and for strong upstanding light-harness horses. Quotations are as follow ; First-class draughts, from £27 to £3O; medium, £l7to £23; good hacks,' and light-harness £ls to £2O ; medium £8 to £l2 ; light and inferior, £3 to £6. ENGLISH MAJRiTETS. Loudon, April 18, Colonial breadstuff's, tallow, and leather maintain last quotations. The wool market continues doll. A catalogue of 10,600 bales were submitted to auction at to-day’s sales. April 15. The tone of the wool market is weak, crossbreds being especially noticeable, as |-d to Id below the prices obtained at last sales. The catalogue at to-day’s auction comprised 12,000 bales.