COMMERCIAL.

Temuka Leader, Issue 1537, 8 January 1887, Page 4

COMMERCIAL.

OHRISTCHUROH CORN EXCHANGE. The Corn Exchange reports for thei week ending Friday evening, the 7tb insr.:— With the holidays over a roturn has bean made to business. The weather has been all that could be desired for holiday making, but the crops wouid be the better of a little ruin. A hand-to-moutk business continues as regards wheat, no aales of any magnitude being effected. Barley and oats are quiet, the local demand being almost al a standstill. Trial shipments are being made to London, which wi'l have a tendency to decrease stocks, but we cannot see any hopes of improved pricos in the face of fairly good harvest prospects. A few samples of ryegrass seed have been on view, but vendors' and buyers' opinions being so very wide no business lias resulted. Dairy produce, especially butter, is very weak,, with very little demand. Cheeße has a quiet trade demand. Below are the j prices current for the week : Wheat—Tuscan and pearl, prime milling, 4s 5d to 4s 6d ; Hunter'a white, 4s 4d ; second quality, 43 2d; chicken, 3a lOd to 4s. Oats—Milling, 2s ; bright short feed, Is lOd to Is lid; Tartars and Danish, Is 8d to Is 9<l. Barley—Malting, 2s 8d to 2slod ; feed, 2$ 3d to 2s 4d ; screenings, 2s. Beans and Peas—No inquiry and few offering. Bye Grase—Machine dressed, 4s 6d; farmers' parcels, 3s to 3i 6d. Cocksfoot—Glean heavy seed, 4d ; light and foggy, 3d to 3£d. Potatoes—Old out of season. Dairy Produce—Bntter, 4|d to 5d in tubs ; pastry, 3d to 3sd. Cbeetie, small, 6£d to 6d ; medium B.ze, 5d ; large, 4d to 4U The above prices are for delivery f.o.fe. Lyttelton, sacks extra. OHRISTCHUROH STOCK MARKETS. ' At the Ad iington yards on Wednesday, large entries of Btock were yarded, and the attendance of the usual habitues was something above the average ; business was, however, right through the market, transacted at rates lower than those recently quoted. Fat cattle—A fairly large entry, mixed quality, with an absence of heavy weights. The demand, was but middling, and late values were not cntiintained. Steers sold at from £5 to £7 2s 6dj heifers, from £3 15s to £6, being from 17s to 20d per lOOlbs, as per quality. Fat Sheep—A full market, quality all descriptions. A moderate demand was shown on the part of freezers, but the market was not much influenced thereby, and the local demand beiDg but moderate the large supply caused values to recede. Prime crossbred wethers sold at from 7* 31 to 9s 9d ; mixed sexes, 5s to 8s ; crossbred ewes, 4s to 7s 3d ; merino wethers, 4s to 5s 6d ; prices ranging from Id to ljd per lb, according to quality. Fat lambs —A large number yarded ; demand a middling one ; values varied from 3a 9d to Bs, Store sheep—A fair number yarded ; demand very poor. A line of hoggets sold at 2s 6d per head, and a line of two-tooth at tlie same fignr® ', all other lots withdrawn. Store cattle—A good number yarded ; buyers not very anxioun. j Forwaid t*tefrr.-» sold up to £5 18s ; other I lines, £4 10s to£4l2a 6d ; £3 to £3 12s; yeurlinge, 18s to 26«. A small number of pigs met with a bad market.

DUNEDIN PKODTJOE MARKETS. The following is the report for the week ending Tuesday r Wheat —The demand at presest is quiet, and values remain unaltered. Millers are only purchasing in amill quantities, but as stocks are very light prices are not likely lo fall. Best milling is worth 4s 10d to 5a ; medium do, 4s 8d to 4? 9>l ; inferior and fowls' wbeat, for wh ; ch the demaod ia slack, 3s 6d to 3s lid. Oats—A fair demand exists for shipment, and prices are rather firmer. Quotations aw «s follow :—Bight feed and milling samples, Is to Is 9d; extra fine milling, £d more ; medium feed, la 7d to Is 8d ; inferior, Is 4d to Is 6d. Barley commands but little attention either for feed or milling, and malting Btimples are not enquired for. Quotations are nominally 2-< 10d to 3s for malting, and 2s 3d to 2s 7d for feed and milling. Chaff—£4 for best oaten sheaf ; £3 15s for medium, and £2 10* for straw chaff. Poiatoes— Derwents (old) are saleable nt £2 per ton in small quantities. New kidneys, £8 per ton ; supplies somewhat shcrt. Butter—New season's salt, 6£d to 7d ; fresh, 6>i for best mixed lots. ■ Eggs—Bd to B|d per dozen ; full supply. Cheese—6d per pound for bsßt new Bea3on. Sheepskins—At the tale on Tuesday competition throughout was fairly brisk, the prices obtained being aboui equal to Ib'm' rates. Country crossbred skinß brought £H to 4-i 91; <)o merino, 7d to 4e B>i ; pptc, Id to 53 ; green do, 8d to Is Id ; lambskins, 9>l to Is 4d. Hides—All consignments coming to lisnd are \*\"-n for local lepuirements 'it j rces eqiii'l '<> I'te vaines, which ureas fi.llow :—Heavy weights, 3£d to 3Ad ; medium, 2£d to 3d ; light, 9£d to 2|d ; ' infeiior and bulla, l£d to 2d. lalloW—Paces remain fiim at late qiiotntioos. Pr'tne mutton fetches 19* to 20* ; medium, 16s to 18a ; mixed, .12s 6d to 15* 6d. Rough fat—Mixed, 6s to 103;; best mutton, 103 6d to 12s. DUNEDUN STOOK^MAKKETS. At the Burnßido Yards on Wedn'Bdny the following business was transacted : Fat Cattle—29o head were offered, ab Hi half of which were heavy weight good t<> prime bullocks, the balance inferior to ntee quality medium weight st <ers and htifurs. Prices realised for ne*vy weights show a decline of fully 20s per head, but, however, the fall on good qimli'y im-dinm weights was not quite so much." B at hillocks brought from £7 5- lo i-8 10s ; others, £4 los to £6 17s 6<l ; cows hii<i heift-re, £3 10a to£9.— Jle'MH Donald iind Cn. sold for Mr Audnw Grant (Teiuuk")., 12 prime bu-

locks ht £7: 15s; to £8 12s Gd.—Messrs Wright, Stephenson and Co. sold for MiAndrew Grant (Temnka), 6 bullocks at from £7lss to £8 2s 6d. B'ot Sheep—An excessive supply was offered to-day—viz., 4087, of which about 750 : were merinos (part in 1 wool), the balance medium to prime quality, and prices realised show a decline ou late values of fully 2s per head all round. As butchers bought considerably beyond; their usual week's supply, vendors would do well to bear this in mind, as n full market further fall .in |,iin t, low price?. Best crossbred wethers brought from 7s 6d to 9a 61 ; others, 4s 6d to 7s ; btst crossbred ewes, 6s 6d to 8s 3d ; others, 4s 9d to 6s; merinos iu wool, 6a.—Mr L. Miiclewn sold for the executors'of the late Mr M. Studholme (Waimate estate), 216 crossbred ewes from 6s to 6s 3d.—Messrs Wright, Stephenson and Co. sold for Mr Thos. Mitchell (Washdyke), 61 shorn crossbred ewes at ss; for Mr John Douglas (Waihao Downs), 124 shorn halfbred enes utfroni; 63 6dto6s9d. iat Lambs— As with sheep the nurnbor penned, viz., 1440, would well have' sufficed for a fortnight's supply, and it is not to be wondered ut. that prices fell from 2s to 2s 6d per head. Nearly all, howevor, found buyern at prices ranging from 2s 9d to 8a 6d for Jbeet pens. Pigs—l7B penned, representing all qualities. With the exception of suckers and stores prices were much eacier. Suckers realised up to 9s, and well grown pigs at from £1 to £1 15e. AUSTRALIAN MARKETS. Mklbourne. Jan. 5. The Melbourne Manager of the National Mortgage and Agency Company, Limited, of New Zealand reports : on the local grain market as follows : Shipping wheat is steady, but not in active demand, at 3s 10d to 3s lid; malting barley is quiet at 3s 6d to 4s 3d. New Zealand oats —feeding are less depressed, but there is. not much" doing at 2s 9d to 3s ; for milling there is a fair demand at 3s to 3s Id ; under bond are sU.w of sale at 2s Id to 2s 3d. Jan. 6. The New Zea'and Loan and Agency Companv held their weekly rfale this, afternoon to n full attendance of buyers. Bidding wa6 spirited throughout. 3330 bales were offered, of .which 2735 bales were sold at satisfactory prices. Prices generally are much firmer than before the holidays, though without any established ndvance. Greasy wool sold up 'o 10-|d ; scoured, to I3£d.; and washed fleece to 14|d. ENGLISH MARJTETS. London Jan. 5. There has been a further advanco in the price of colonial breadstuffs. Adelaide flour is 6d higher, v ; z,, 39s ; New Zealand wheat, best qualities, have advanced Gd, and are quoted at 38s, lower quality being Is higher, viz., 34?. Scotch pig iron is Is higher, 465; galvanised iron remains at £ls.