COMMERCIAL.

Temuka Leader, Issue 1575, 30 April 1887, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 29th inst. : The grain markets have not been particularly brisk bnt prices are steady and in barley the tone is firm. Considerable shipments continue to be made both to the European markets and for intercolonial re* quirements. Threshing operations are now nearly completed for the season and, farmers are very busy taking up their potato crops, which so far as can be gathered are yielding below the average returns. Wheat—Buyers are still anxious to buy at late quotations, bu it is impossible to establish an advance. Tuscan when in prime condition commands 3i s}d to 3s fid, and pearl is sought after at 3i 6d. Hunter’s white fetches 8s 4d to Ss 4}d. Second quality and chicken wheat are both enquired for at 3s to Ss 2d and 2s 9d to 2s lid respectively, the latter being very scarce. Oats—Oats shew no sign of recovery in value, excepting prime milling, which are scarce and command Is 9Jd to Is lOd. Short feed are plentiful and dull at Is 8d to Is 9dj long and inferior kinds, quiet at Is fid to Is 7d.

Barley—Malsters are anxious to purchase prime lots, but they are scarce, and are worth 3s 8d to 3s 9d, Good malting parcels are fetching 3s 4d to 3i fid, and second quality is rather more difficult to quit at 2s 9d to 3s. Feed lines are worth 2s 3d to « fid. Grass Seed—Grass seed is very dull, and prices of last week are nominal, Cocksfoot Has had limited business at 3£d to 3fd for farmers’ bright seed j machine-dressed is worth 4d. Beans—Beam are enquired for at 2s 9d to 2s lid. Peas—Blue Prussians, clean and true to same, are enquired for at 3s 3d to 3s fid. Feed lines are selling at 2s 8d to 2i 9d. Potatoes—Derwent potatoes are not easy to quit, but growers are more disposed*to sell. The yield is reported to be under that anticipated. We quote27s to 28s at country stations. Dairy produce is quiet and with no improvement in value. The above prices are those paid to farmers and delivered f.o.b. Lyttelton,

CHEISTOHUEOH STOCK MAEKBTS.

At the Addington yards on Wednesday, fairly good entries of (took were yarded tor the week’s consumption. Fat Cattle—Some very nice cattle were on offer. The demand was moderately good, most lots changing hands at a very slight advance on late rates. Steers sold at from £5 2s 6d to £7 7s 6d, a line of 28 nicely* grazed steers being placed in one line to a local batcher at £6 6a per head i heifers sold at from £3 16s to £6 2i sd, being from 16s to 18s per lOOlbs, according as the quality varied. Stotes—There were absolutely no lines of store cattle yarded, a few odd lots of dry cows selling as usual at from 86s to 60s per head. Dairy Cattle—ln the pens set apart for dairy stock there was a good entry, a capital demand! still existing, really good cows selling at from £8 to £lO, medium sorts £4los to £6. Fat Sheep—A good number were yarded, and on the whole a superior lot. The demand showed an improvement, and a rise of of from Is to Is 3d per head over late rates took place. Prime crossbred wethers sold at from 8s to 11a Qd, for one solitary wether 13s 6d was paid, medium and light weights ranged from 5s 3d to Bs. Some grand crossbred ewes were yarded, values for such ranging from 8s to as high as 13s 3d per head, medium sorts selling at from 6s to 7a 3d per head) merino wethers fetched from 4a 3d to 8a 3d per headj values per lb vary* ing from Id to Ifd, according to quality. Store Sheep—Lines of two-tooth mixed sexes fetched 3s lOd to 4a per head; crossbred ewes in lamb sold at 4s 7d in one case and 5s 4d in another; a line .of two and four-tooth crossbred ewes fetched 4s Id ; and s few lines o| aged ewes at from 2s lid to 3s 6d per head. Fat Lambs—A good number yarded, only the best sorts were saleable, at values rang* ing from 4s 6d to 5s per head. Pigs—A good entry, a fair demand for fat pigs shown. Stores dull of, sale and low in value. Bacon pigs sold from 37a Qd to 39s j porkers, l?s to 37 s 6d i stores, 8s to 11s per head,

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday , Wheat—Really prime qualities are in good request at top rates; shrivelled samples are in moderate demand, but without any perceptible rise in price ; inferior is also in fair request, and for whole fowls’ feed (dry) there is ready sale. Quotations ; Prime tuso.an, Ss 9d ; velyet in prime qrder, 3s $d ; other prime sorts, 3s to 3s 8d ; medium milling, 3s 3d to 3s 6d ; inferior, 3a Id to 3s 2d ; dry whole fowls’ wheat, 2s lid to 3s ; damp, 2s 6d to 2s 9d ; seconds, 2s 6d to 3s. Oats —The arrivals throughout the past week have been large. The bulk has gone into store. is still, however, ready sale for stout milling and prime bright short feed—prices for these qualities being well upheld. Medium colored

fair feed ia in less request and prices i> aliade lower. Sparrowbilla ure mostly dark this year and meet but litile favor, and then only at very low rates. Quotations : Really prime milling, la 8d ; useful milling and bright short feed, Is 7' f to Is 7£d ; fair feed, la 6d to Is fi£d ; apiorowbills, la 4d to la 6d ; daniah, la 6d to Is fiid ; inferior feed, la 3d to la 4d. Barley—There ia active inquiry for pale-colored barley north grown. South grown is not in favor by malsters, but ia readily saleable. Milling and feed sorts are scarce, and have advanced in price, Quotations: Prime malting, 3s 2d to 3b 9d ; extra fine, to 4s; milling, 2a 9d to 3s ; feed, 2a fid to 2a Bd—bags extra. Ryegrass Seed—Prices are very low, say 2a to 2s 6d, bags extra ; machineI dressed in plentiful supply at 3s to 3s fid. Potatoes—There is a steady sale, hut prices rather easier, which are 40s to 45s per too, bags weighed in. Chaff—Quotations are; Best, 50a to 52s fid ; medium, 46s to 47s fid ; inferior, 40s to 42s fid, bags extra. Butter—Best keg butter sells at 7sd per lb ; fresh, 8d to B£d, for best mixed cases. Eggs are scarce at Is 9d per doz. Sheepskins—On Monday crossbreds sold at la to 4s 8d; merinos, Is 2d to 3s lid ; pelts, 2d to lid ; lambskins, Is 4d to 3s sd. Hides—Both locally and for shipment there is a fair demand ; although prices have not shown much improvement; green heavy hides are also in better request and have advanced a shade. Tallow—Prime mutton is worth £lB to £l9 10s; mixed, £ls to £l6 ; inferior, £ll to £l4 per ton ; rough fat, 5s fid to Us per cwt.

ENGLISH MARKETS. London, April 26. The wool market is firm. Arrivals to date for next auctions amount to 220,000 bales. The New Zealand . Lean aid Mercantile Agency Company (Limited) have received the following cablegram from London, dated 26th April 1887 : Wheat Market steadier. Growing crops are backward. Victorian wheat to arrive per steamer is worth, c.i.f., 34s 6d per 4801bs, March-April bill of lading; and to arrive per iron skip, 35s 6d, c.i.f., per 480 lbs, April bill of lading. Other wheat quotations unchanged. Leather—Market unaltered. I'rozen Meat—Market quiet, stocks heavy. Canterbury mutton >8 worth 4fd per lb; prime New Zealand lamb is worth 6d per lb.