COMMERCIAL.

Temuka Leader, Issue 1530, 10 July 1886, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 9»h i . inly- ; Gur Sydney advices to hand with the news that Californian cargoes have arrived and has greatly depressed that has bad the effect of steadying our Intercolonial demand. Our coastal, add local requirements for the next seven or eight months are, however, expected , to almost entirely absorb our available, supplies. Both our town and country - millets have large orders on hand for flour, and with the exception of a few of the; large mills their stocks of wheat are not heavy. Speculation in wheat is not quite so brisk, but millers are quick to ‘ efccure suitable lines, especially Tuscan and pearl, while owners df Hunter’s are - firm in their demands. Sales can be made ■ f ~ at4s J.d to 4a 2d for Tuscan, 4s to 4s 2d for " pearl, and 3s lid to 4s for Hunter’s ; second quality baa a fair enquiry at 3s . ; 3d to 3s 10d ; while chick wheat is so scarce as to be unquotable, any etnall parcel? offering commands within a shade pf seSond qualify milling. Oats hare fully fpaintaiped the rise noted last week, Priipe' milling are firm at 2s fid, short feed at 2a 4d to 2s 4|d, long kinds find Ippal buyers at 2s 2d to 2s 4d. Earley has few sales to note in malting parcels. Pfjpie samples are scarce, and would fetph gs to §8 Jfd ; second quality has no buyers . at over 2s 81 to 2s lOd ; feed, however, is scarce, and holders are asking 2s 4d to ,2e 6d< . Beans are in the hands of a'fewy-

who want 3s 4d. Feed peas have a fair trade at 3a to 3a 3d. Prussian blues are worth 4s 3d to 4s 6d for soed. Cocksfoot and r\egrass are coining more into notice among buyers, the former is worth 4d to 4sd. Machine-dressed rye is firmly held for 5s 3d ; farmers’ lots, 3s 9d to 4s 6J, according to quality. Potatoes have only i limited demand, end sales are only for small parcels, prices ranging from 62s 6d te 55s at country stations. Dairy produce has not quite such an active tone, but sellers are firm at last week’s rates. , The above prices (potatoes excepted) are for delivery f.o.b, Lyttelton. CHRISTCHURCH PRODUCE MARKETS. The past week has been rather a quiet one so fas as business is concerned. The attitute of holders of wheat is less firm than it was a few days ago, in view of the advices of American shipments for the Australian market. Oats are now held very firmly, and values have hardened. Malting barley is nnaltered, but feed commands attention at improved rates. In peas and beans there is not r great deal passing ; stocks, however, are not heavy. Grass seeds continue quiet, and transactions are not frequent. Potatoes have only a meagre enquiry. Butter and cheese are weaker, consequent on alterations in the tariff ef New South Wales. Wheat—Tuscan is quoted at 4» Id to 4a 3d, and Hunter’s wheat 3s lid to 4s, with a downward tendency. Chick is very firm at 3s 3d to 3s fid, f.o.b. Oats—Milling are in good request at 2s 4d to 2s 4J; bright short feed, 2s 3d to 2s 4d, with strong demand ; inferior and Jong are in favor at 2s Id to 2s 3d f.o.b. Barley—Malting, dormant, at 3s Id to Ss 3d. Feed is inquired for at 3s fid f.o.b. Peas—Blue boiling, 4s to 4s 2d ; feed, 3s to Ss 2d, f.o.b. Beans—2s 9d to3s Id, f.o.b. Grass Seed—Ryegrass, machine-drsssed is steady at 5s to 5s 3d ; eocksfot is quiet at 3fd to 4d, f.o.b. Potatoes—Lines in good condition are unaltered at about 55a at country stations. Dairy Produce—Butter is weaker at 9d at 9d to lOd for prime. Cheass is quoted at fid to 6Jd for loaf, and 4jd to 6d f.o.b. for large sizes. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday with the exception of fat sheep, only moderate entries of stock were yarded, the attendance of buyers and others being about an average one. Fat Cattle—A .very limited number Were offered by auction, the quality being principally indifferent. . This short supply caused active competition, and prices were again firm. Steers sold at from £5 10s te £8 6s, and heifers up to £7 5s per head, being from 19a to 21s per IOOIbs. Store Cattle—Only a moderate entry, mostly odd lota, very little business done, vendors in most cases declining to accept prices offered. Dairy stock also a dull sale. Fat Sheep—A heavier entry than for some time past, some very good lines being on offer, demand both local and for export fairly active and late sales about maintained. Crossbred wethers sold at fromjlls to 14s 9d for the primest sorts, medium weights, 8s to 10s 3d ; crossbred ewes, from 7a to 30s; merino wethers sold at from 7s 6d to 30s 9d, and all through an average price of 2d per lb ruled. Store Sheep—Only a couple of yards filled. A line of lambs sold at 4s 9d per head, and a line of crossbred ewes at ss. Pigs—V fairly numerous entry. The demand for bacon pigs pretty good, selling at from 27s to 425; porkers, from 16s to 225; stores very dull. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday .* — Wheat-. There is not much change as regards values ; anything on offer, unless taken by buyers at fully late quoted rates, is held firmly for full prices. Millers, on the other hand, have further supplies to go on with, and prefer reducing the stocks. Several large lines have been offered, but at the prices asked no business was done. Prime velvet and Tuscan, 4s fid to 4a 7d (one special line fetching 4s 9d); other sorts, in fine order, 4s 4d to 4c fid ; medium, 3s 101 to 4s 3d ; inferior and fowl feed, 3s to 4s—sacks weighed in. Oats —There is very little doing locally, and as prices asked are too high for shippers to outside ports, they are almost entirely out of the market, so that there still remains large stocks in stores. Fine milling (with very United demand), 2s 4Jd to 2a fid ; bright short feed, 2s fid to 2s 4d ; fair feed, 2s fid ; medium down to inferior and discolored, la Id to Is 9d ; seed oats, fis 9d to 3s. Barly—The demand has brightened up, and for best quality some better prices have been paid. Malting, 2s 9d to 3a Id ; milling, 2s fid to 2s 8d ; feed, 2s to 2s sd. Potatoes— Throughout the week prices have hardened. They are now firm at 82s fid to 90s for best picked Dorwents; second quality, 75s to 80s. Kidneys are worth 70s to 90s. Chaff—Good, £4; exceptionally good, £4,-53. Grass Seed—lnquiries have been made for prime parcels of ryegrass, but no sales have been made. Values are up to 5s 3d for seed from old pasture. Rutter —Salt, quiet at fid to fi|d j fresh, Is Td to Is fid. - Eggs are scarce at Is 4d. Turnips—Swedes, fifii fid. Carrots-*£2. ' Sheepskinl—There were large catalogues offered at the sales on Monday, Dry crossbreds sold at lid to 4s fid; ditto merinos*- 9d to Ss lid; green crossbreds, fis 4d to 4s Id ; ditto merinos, fis 2d to 2a lid ; lambskins, 2s 9d to 4a. .Tallow— Prices are slightly easier. Prime rendered, from £lB to £2O; medipm, £ls to £l7; inferior, £l2 to £l4; rough fat—mutton, £ll to £l3; mixed, £lO to £11; inferior, £8 to £9 per ton. -