COMMERCIAL.

Temuka Leader, Issue 1506, 30 October 1886, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 29th inst. ; Business in the grain trade is chiefly confined to New Zealand orders. A few lines of barley have been sent to Australia, and potatoes have been consigned on growers’ account. Otherwise sales are almi.st entirey confined to interprovincial requirements. Little or no grain is commg in from the country district. Wheat maintains its firm tone, although wo are unable to quote more than 4s 6d for prime milling pearl and Tuscan, while Hunter’s is doss up 4s 4d to 4s sd. Second quality is only lightly held at 4a 2d to 4a 3d. Fowl wheat is hard to obtain at 3s 8d to 3a lOd.

Oats remain very dull, there being no outside market £or the surplus slocks, but fortunately they are not being forced, on the market. We quote prime milling (scarce) at 2s 5d ; short feed, 2s 3d to 2s 4d ; Danish and Tartars, 3s to 2s 31. Barley—Stocks are not very heavy, A good many lines have gone to Australia, but prices have not impioved, the mailing season being nearly over. Malting stands at 2s 8d to 2s 10d ; feed, 2s 4d to 2s sd. Beans and peas have no business to record.

.Ryegrass —The season for sowing is about over. Stocks have been fairly wall reduced. A few farmers’ lines are pn offer at 3a 9d to 4s 3d, bat machinedressed la still held firm for ss, Cocksfoot market is flat, with little enquiry. Heavy seed is held for 4d to 4Jd. Potatoes are offering in abundance, but the majority of growers have been compelled to ship to Sydney, which has greatly reduced local stocks. The only buyers are for local purposes, and 20s a ton is the current price at country stations. Dairy produce has no alteration to note, batter being dull, and cheese an average business at last quotations. The above prices (potatoes excepted) are for delivery f.o.b. Lyttelton.

CHRISTCHURCH STOCK MARKETS, At the Addington Yards on Wednesday, the entries of fat stock were not large, and but very few store sheep were yarded, but there was a very heavy entry of store and fjairy cattle. The attendance of those interested was only a moderate one, and business was not very active, fat Cattle —A very moderate entry, hardly sufficient for requirements. Prices ruled a little higher than of late. Steers sold at from £6 5s to £9 ; heifers and fat cows, from £5 17s 6d to £8 6s lOd, being from 22s to 24s per IOOIbs. Store Cattle—A heavy entry, but demand not at all brisk. Aged cattle are still fairly quick of sale, but young cattle dull. The prices lately quoted are still ruling, fat Sheep-A moderate entry, the quality, with but few

exception*, being excellent. A good proportion of shorn sheep were ynrrM. The demand was fairly good throughout, and v« nee advancing slightly,-; Ptt'tne crossbred wethers sold at front 16* to 20h ; medium, 11“ 6d to 13s 9d_; ’sMn crossbreds sold at from 7a to 13a 6d merino wethers sold at from 10s 9d to 15s 3d, 17s fid and 18s 6d per bead, the latter prices for sheep of exceptional weight and quality. Store Sheep—A very small entry, A small line of shorn hoggets sold at fis per bead } a line of two and four-tool h mixed crossbreds passed unsold at 9s 6d; and a line of merino ewes sold at Bs 7d. Fat Lambs—A plentiful supply. Sales made at from 6s 10s per head. Pigs—A small entry. No alteration to quote in values.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday : Wheat-There ishardly so much inquiry for milling wheat. As the prices asked by the few holders are high, millers prefer working off their stocks rather than boy at the advanced rates. Medium milling and inferior is in fair sale at about same prices as quoted last week. Fowls’ wheat is scarce and commands a ready sale. Best milling, 4s lOd to 5s ; medium, 4a 6d to 4s 9d; inferior, 4s 3d to 4s 6d ; fowls' wheat, 3* 9d to 4s 2d. Oats—The market is practically at a standstill. The' arrivals throughout the past week have been large, and with no outlet they have mostly gone to store. Milling, 2s; stout bright feed, Is lid; inferior, la 6d to Is 9d. Barley—Stocks in hand are light; millers are inquiring for small parcels for pearling. Malsters are out of the market, but feeding quality is scarce. Milling, 2s 8d to 2s lOd ; feed, 2s 5d to 2s 7d. Potatoes—This market is quite glutted, and nothing but fresh picked over lots are saleable; these fetch 40* to 45s per ton; inferior apd stale lots 25s to 36s per ton. Chaff—Straw, £2 15s to £3; oaten sheaf, of good quality, £4 10s to £4 15s. Grass Seed The demand is very limited at 4s 6d to 4s 9d for farmers’ parcels, clean and off old pasture, and 5a 6d for machine-dressed. Butter—Salt sells slowly at 6d per lb j fresh, in full supply, at 5d to fid for mixed lots. Eggs—Supplies have been very short this week, and unless they come forward plentifully, 9d should now be got. Sheepskins—Op Monday green crossbreds sold at 4s to 6s 4d ; green merinos, 3a to 5s 9d ; dry crossbreds, Is Id to 5* lOd ; dry mermo, la to 6s 6d ; pelts, 3J to lid ; lambskins—diy, Is to 3s 4d; green, from local butchers, 8d to lOd. Hides—Picked heavy dry-salted hides, 3|d to 3£d ; fair weights, clean, and well salted, 3d ; inferior and medium parcels, 2Jd ; badly cut and slippy, almost worthless. Tallow—We quote best rendered mutton, 18s to 19s ; well rendered mixed, IBs to 17a ; medium, 14a to 15a ; inferior, 12a to 13s 6d ; rough fat has a steady sale at 9a to 10a 6d for best; 7s 6d to 8a 6d for medium ; 5a 6d to 7s for inferior.

DUNEDIN STOCK MARKETS. , At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—l2s head wore yarded ; mostly medium to prime quality. Bullocks sold at £5 17s 6d to £l2, the latter price being paid for a pen of really prime Hereford oxen ; cows sold at £4 17s 6d to £8 9s.—Donald Keid and Co. sold for Mr A. Grant (Temuka), 14 bullocks to £9 16a ; for Mr J. Guild (Trevenna), 14 bullocks at £7 17a 6d to £Blss.—Wright, Stephenson and 00. sold for Mr J. Guild (Trevenna), 7 bullocks at £7 17s fid to £8 2*6d.

Fat Sheep—There was a large entry, consisting of 600 merino wethers, nearly all prime mutton, and 2267 crossbreds, which included some prime drafts. The sale throughout was a dull one, and notwithstanding a fall in prices of Is to 2a per head some 500 were turned out unsold. Crossbred wethers in woof sold at 9a fid to 13a; crossbred ewes in woo), 8a 9d to lie; shorn orosabeds, 5» 6d to 8a ; merino wethers in wool, 7s to 10s. Fat Lambs—23B were penned. There was a decided improvement as regards quality coropiared to those sent to market last week ; and as the supply was scarcely enough to meet the trade requirements, prices advanced 2s to 3s over last week’s rnling rates. Best sold at 9e to 10a 3u ; others, 6s 9d to 8s 6d. Pigs—Only 53 were yarded, mostly prime porkers. There was a slight improvement in values. Suckers sold at 7 8 to 13s ; stores,' l|s to 17® 6d ; porkers, 81s 6d to 35s.—Mr L. Maclean sold for Mr James M'Donald (Washdyke), 30 at from 26s to 36s (top price).

Horsea—Messrs Wright Stephenaon and Co. report that the supply of good young horses of both descriptions continues quite unequal to the demand. They quote first-class draughts at from £23 to £27 ; medium* £l4 to £2O; light draught and spring tjarfe horses, £l2 to £l6; first-class hacks and light harness horses, £l6 tp £2l; medium, £8 to £11; inferior, £2 to £5. AUSTRALIAN MARKETS. Mklbpubhb, Oct. 27. The manager of the National Mortgage aod Agency Company reports as follows of the local market j—Wheat is difficult of sale, even at a slight reduction. It is quoted »t 5s Id to 5s 2d per bushel. Barley, which shows no signs of improvement, 3s 9d to 4s ; potatoes, seed sorts, 3s to 3s 3d, prices being barely maintained; oats, milling sorts, 3s 3d to Bs fid (market quieter and weaker); New Zealand oats, under bond, alow of Bale, 2s 4d to 2s fid.

ENGLISH MARKETS.

London, Oct. 27. Colonial breadstoifa are unchanged.