COMMERCIAL.

Temuka Leader, Issue 1564, 12 March 1887, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the ll'h inst, : Deliveries of grain in Lyttelton continue large, but the sample reports are not so favorable as could be wished, although an improvement in the condition of wheat is noticeable. Those who have not already arranged for sacks experience some rMTi ’o’fv in getting their supply, and the a.M. t . ui the Sir Robt. Sale is anxiously looked forward to by those interested. The unaltered values of New Zealand wheat, as cabled by Renter, seems to point to an absence of our wheat on the London market, consequently buyers have to ba c e their calculations on prices of Australian lines, regarding vhich, we were pleased to note, yesterday’s cablegrams were a little more reassuring. From Australia there is little change to report. Wheat Large quantities are now changing hands on the basis of last week’s quotations, viz., 3s 4|d for Tuscan, and 3s 3d to 3s 3|d for Hunter’s and Pearl ; second quality is not in favor at 3s to 3s 2d ; chick, wheat is locally wanted at 2s 6d to 2s 9d. Oats—A fair shipping business is being done in heavy bright feed at Is 9d to Is 9jd, but long' descriptions and inferior kinds are hard to quit at Is 7d to Is Bd, Barley— But few samples of prime mailing are coming to hand. Second quality and lots are offering fieely, but few lines have met with bnyers. Quotations—Prime mailing 3s 3d to 3s 6d ; second quality, 2s 8d to 2s lOd ; feed, 2s to 2s 3d.

Peas- B'ue Prussians are being sold at 3s 3d ; other kinds and beans are not in demand. Grass .Seed—But-'few outside orders are coming to hand, and local speculation is at a standstill. Prices remain at last week’s quotations. Machine dressed is quoted at 3s fid to 3s 9d ; farmers’ parcels vary from 2s 3d to 3s. Cocksfoot is very quiet. Few sales are being made for orders only at to 3|d for heavy seed, but inferior and dark seed is hard to place at 3d. Dairy produce still remains dull, and sales of butter are difficu't to make at 5d to fid. ’ Cheese is worth 4d to 5d according to size and quality. The above prices are those paid to farmers, and delivered f.o.b. Lyttelton, sacks exlra.

CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday, the yards were well filled, and prices proved equal to those ruling lately. Cattle—The entry of fat stock was not over large, and the quality not over good. The demand was only middling, but most lota sold at about late rates. Steers went at from £5 2s 6d to £5 17a fid ; heifers and fat cows from £3 12s fid to £6, being from 17s to 18s per 1001 b, according to quality. In the stare cattle market a line of nearly three-year-old steers fetched £4 per head; a line of two-year-old, £3 7a 6d ; a line of three-yeav-old heifers, £3 15s; and a line of dry cows, £3 7s fid. Really good dairy cows sold at from £6-16a to £8 10a ; medium and inferior down to £3 per head. Sheep—The yards for fat sheep were well filled, the quality being varied. The best of the wethers sold at from 8s to 10s per head, mixed maiden ewes and wethers, fis fid to 8s ; good ewes, from fis to 8s ; aged ewes, 4s to 5a 3d ; and merino wethers, only second-rate quality being on offer, sold at from 3s to 4s 7d ; being from Id to per lb, according to quality. A heavy entry of store sheep was sent forward, a large proportion being old sheep, and bought for boiling down at from Is lOd to 3s per head ; a lino of four-tooth crossbred ewes sold at 4s per head, Fat lambs were in plentiful supplv, the best sons sold at from 5a fid to fis 4d per head ; medium, 3s to 4s. A very large number of pigs yarded. The demand was not so good as last week’s market, and values receded from 3s to 4s per head ; porkers sold at from Ifia to 31a ; good stores, fit for the stubbles, from 15s to 23s ; small stores, 4s to 7a.

DUNEDIN PRODUCE MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Wheat—The cl liveres for the new crop have uot been heavy, but at the same tini ! sufficient for requirement. 0 . Last week’s prices still contioue to be obtained, although it is probable that prices will y b t recede, inferior and fowls’ wheat is scaic? and woith nearly as much as fair milling. Quotations are : For best mining velvet and Tuscan, 3s 8d to 3s 9d — extra choice perhaps a shade more ; red straw, 3s 61 to 3s 7d ; medium to good, 3s 4d to 3s 6d ; inferior, 2s 9J to 3s 3d, ex store.

Oats— Owing to short supplies a better demand is apparent; both millers and shippers are buying freely. Buyers, however, are limited to price. Quotations are : For bright stout milling, Is B|d to ls'9d ; bright short, fe°d, Is 7|l to Is 8d ; medium, Is 6d to Is 7d ; inferior Is 3d to Is scl, ex store. Barley—There is no business of any consequence passing. The cow crop is not yet to hand. 'Ryegrass Seed—There is some inquiry for export, but no local demand, and the market continues dull. Cocksfoot—There is no irnprovemeut in the tone of the market for this seed.

Pot toes—The market is over-suppled, and sales are difficult toeffect at over 40s for Derwente ; kidneys unsa'eable. Bolter —Prime keg is w,vted at 7d.

Ciioese—Foil supply at 4£d to sd. Eggs—la 2d per dozen ; supplies short.

gtk —On Mondry country dry cussbiedi brought 10d to 4s 91 ; do do merinos, Is to 4s 41 ; butchers’ green crossbreds, Is 5d to 2s Id ; do do merino, Is 2d to la 9d ; lambskins,"2s Id to 2sBJ, .Hides—For s ippy and bulls, to 21; light, 2£d to 2gd ; medium, 2|l to 3£d ; heavy, ireo from ctfil and cuts, 3|d to 4£ I per lb. Tallow—A fair demand exists at about late rates. For inferior and mixed, 10s to ,12s ; medium, 13s to 15s ; good to prime, 16a to 18s (but very little of the latter quality available); rough fat—inferior 5s to 7s, medium 8s to 9s, pure mu tou 10s to lls per cwt.