COMMERCIAL.

Temuka Leader, Issue 1555, 19 February 1887, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 18ih 1 init. Harvest work has been pushed on apace during the past week an in many districts (the early ones) the threshing mills have been in full swing. Yields are up to the average and the quality is in good condition f"V" dipping. The outside markets do not s..u>v any liklihood of improvement in the immediate future. Many of the large holders of wheat have made up their minds to store on their own account until the market becomes more elastic. Wheat—Good samples of Tuscan and Hunters been placed during the week at Ss 4d to 3s 6d for extra prime, but to-day the market' is rather weak buyers being unrivalled to exceed the former price of 3s 4d for picked large parcels. Samples a little under prime can be bought at from Id,to 2d under above quotations, chicken wheat is not offering plentifully and freely commands 2s 9d to 2s lOd. Oats, — Large quantities have been cleared during the week for Australia, and prices have closed‘firmat Is 8d to Is 9d for good , short feed, while long and inferior feed find local consumption at Is 6d to Is 7d, Milling are scarce, and would command Is lid for bright clean heavy parcels. Barley—The few samples exhibited are of fair malting quality and buyers are willing to give 2s JOd to Bs,. but growers are holding aloof for better prices. Yields are estimated light, with a good of feed grain. Beans are beiiig held back for better prices, ! Peas—Prussian blues, have been fluid at 3s 3d and 3s 6'd for clean samples true to name. Ryegrass—Sales on the bases of last weeks quotations continue to be effected. Machine dressed is being quoted at 3s 6d to 4s, Cocksfoot has not, yet reached the market in quantities. Potatoes—Kidneys are being offered at LB at Country Stations. Dairy Produce Butter bas been slightly better at s|d to for prime butter in tubs. Cheese shows no improvement on last week’s prices. The above prices are those paid to farmers, and delivered f.o.b. Lyttelton. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday,' a good entry of ,fat cattle, and a fairly good entry of fat sheep were yarded for the day’s market, while the attendance of buyers was hardly an average one. Fat Cattle—A larger entry than for some time past, consisting principally of good heife's and cows, with a small number of steers. The demand was more healthy than of late, all lines finding buyers at about late rates, viz.: 17s to 18s per lOOlbs, according to quality. Steers sold at from £5 to £6 15s, heifers from £3los to £6 17s 6d. Fafc Sheep—A moderate entry, quality, varied, crossbred ewes predominating, demand fairly good, a West Coast buyer taking several lines of good sheep, and materially helping the ma r ket. Sales made at about late rates, viz. : crossbred wethers, 6s 6d to 8s 9d ; do ewes, from 4a 6d to 6s 7d ; merino wethers, medium sorts, from 2a 5d to 3a 3d, being from fd to IJd per lb, as per quality. A good number of fat lambs yarded. Values much easier. Good lambs sold up to 5s 9d ; medium sorts, 3s 6d to 4s 6d. Store Sheep—Only a few were yarded, principally young sheep. A poor enquiry was 1 shown by a meagre attendance of gruziers. A line a four and six-tooth crossbreds sold at 4s pec bead ; a line of two and four-tooth, mixed sexes, at 8s 8d ; sod four-tooth ewes and wethers at 4s 9d. In the pig market the best business of the day was done. A good number were penned, and a capital demand was shown, all lots selling at an advance on late values. Nice shop porkers sold at from 15s to 24s ; heavy weights, 36s 6d; stores, from 3s 6d to 18s. Store Cattle- -A moderate entry only ; demand only middling; no alteration from late values. A good number of dairy cattle yarded, meeting with an active demand ; good milch cows sold at from £5 16s to £8 ; ordinary sorts, £310« to £4 Jss, DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday ; Wheat—The market is well cleared of old wheat. Millers are now prepared to buy small lots of new. Samples already to hand from the north are well grown, and. in fine color. Medium sorts are in moderate supply, but prices are a shade easier. Fowls’ wheat is also plentiful, with bnt a limited inquiry ; Fine milling, with immediate delivery, 4s ; medium, 3s 9d to 3s lOd ; inferior and chick wheat, 8s to 3s 6d. Oats—Stock in town of prime milling have become almost used up, and there is an advance in .values. There is still a large quantity of musty and inferior qoaii'ies in the market, but there is no selling them at any price. Prime milling, 2s (one superior line realised 2s 2d) ; fair to -d, la 7d to Is 9d ; inferior sorts, Is 3 1 to Is 6d. Bailey—There is none offering, but there is not likely to bo much demand until th» cold weathei sets in. In feed and milling stocks ate nearly run out. Ryegrass Seed The new crop is now arriving, in most instances fair qua ity #nd good color. Quotations fur farmers’ undressed sample are not yet established, bu* im chine-dressed racgi» from 3s 6d to 4s 2d. Chi ff—Old, in fine order, 50s to 55s ; medium quality, 45s 6d to 4Ts 6d ; inferior, 40s. Potatoes —The week’s arrivals have been small. Prices have advanced a little. Derwenls, 55s to 62s 6d ; kindneys, 55s to 65s per ton. Bags weighed in.

Butter—Prime keg butter up to lots. Eggs, Is 3d per dozen. Cheese is neglected at 4|d per lb. Sheepskins—Green pelts sold at lid to la 5d ; green lambs’, Is 64 , t 0 2s 6d ; dry crossbreds’, Is to 4s 9d ; dry lOd to 3s lid ; dry pelts, 2d to lid ; dry lambs’, 9d to 2s sd. Hides—Prices have advanced to •£d for medium to heavy weights. Quotations are as follow :—Light and inferior, 2|d to 3d ; medium, 3£d to 3|d ; heavy, 3fd to 4|d per lb; green hides, 14s to 235, according to weight. Tallow—No demand. Best may be quoted at Ll sto Ll 6 15s; (medium, Ll2 10s to Ll 4 10s; inferior, Lll to Ll2 per ton ;, butchers’ rough fat, 6s to lOsfidpcrcwt.

DUNEDIH STOCK MARKETS.

At the Burnside Yards on Wednesday the following, business was transacted : Fat Cattle—234 head yarded. Quite half of this number were prime, tha rest principally heifers and cows, light weights, in medium condition. The demand was quiet, and there was a general fall in prices of 20s per bead below last week. Bullocks sold at £4 7s 6d to £9 7s 6d ; cows, £i3 2s 6d to ±8 12s 6d,—Mr L. Maclean sold for the executors of the late Mr M. Studholme (Waimate Estate), 12 prime bullocks from £7 7s 6d to £7 10a; for Mr J. Spring (Washdyke), 7 bullocks from £4 2s 6d to £6l2s 6d ; for Mr W. F. Christie (Washdyke), 6 cows from £4 10s to £5. Fat Sheep—soo merino wethers and ewes of medium quality, and 4084 crossbieds (mostly ewes) were yarded. The sale was a dragging one, and it was difficult to quote ordinary quality »t fully a reduction ,of 2s to 2s 9d a head, best lines of prime wethers and maiden ewes alao falling ls ,6d to 2s 3d below prices realised last week. Prime crossbred wethers sold at 6s to 9s for extra heavy ; others, 4a 9d to 5s 9d ; prime crossbred ewes sold at sa; to 7s ; others, 3s 6d to 4s 9d ; merino wethers at 3s 6d to 4s 9d ; merino ewes, 2s to 3s.—Messrs Wright, Stephenson and Co. sold for Mr John Murray (Orari), 128 prime halfbreds at from 7s to 7s 3d ; for Mr Andrew Grant (Temnka), 60 crossbred ewes at from 6s to 6s 3d. Pat Lambs—llß6 were penned, ranging in quality from small and inferior to prime. Prices fell Is to Is 6d below last week. Beat pens sold from 5a to 7s ; others, 2s 6d to 4a 9d. Pigs—Only 135 were yarded, about half small stores and suckers, the rest useful porkers and bacon pigs, There was a good demand for all on offer, and last week’s prices were upheld, Porkers sold at 22s to 365; bacon pigs, 37s to 435; stores, 10s to 10s; suckers. 8s to 11s. Horses — Wright, Stephenson, and Co. quote first-class heavy drafts at from £lB to £23 ; medium, £l2 to £l6 ; first-class backs and light harness horses, £2O to £25 ; good useful hacks (suitable for India), £l2 to £ls ; medium, £6 to £lO ; light and weedy, LI 10s to L 5.

ENGLISH MAEJETS.

London, Feb. 15. The - wool market ia now decidedly firmer; The catajogue at to-day’s taction comprised 11,500 bales. No changes to report in colonial breadstuffs and tallow. Adelaide wheat, ex store, 87s 6d ; New Zealand wheat, 33s 6d to 37s 6d, according to Quality. Adelaide floor, ex store, 26s fid. Australian tallow, average quality: beef, *2ss fid ; mutton, 30s. Feb. 16. At the colonial wool sales to-day 7600 bales were offered. The market is firm. The New Zealand Lean aid Mercantile Agency Company (Limited) have received the following cablegram from London, dated 15th Feb., 1887 : Wheat Market is flat; Victorian wheat is worth 88s fid ; N.Z. average 86s, and N.Z. long-berried 88s per 4961 b ; Victorian wheat, to arrive iron ship, is worth, c.i.f,, 86s 3d per 4801 b, February bills of lading.