COMMERCIAL.

Temuka Leader, Issue 1608, 16 July 1887, Page 4

COMMERCIAL.

OHKISTOHUECH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 15th inst. :

A fair amount of business has been transacted during the past week, and last week's values hare been well maintained. We note from our Sydney advices that the import duty in that market on hops and malt has been abolished, and that those on honey and oatmeal are to be removed from the Ist October. We do not anticipate that the remissions will advance our values here for barley or oats, the season beinß too far advanced. Wheat—The demand for prime milling has been fairly active, and values are well sustained. Tuscan and pearl may be quoted at 3s 7d to 3s 7£d, and hunters at 33 6d to 3b 7d ; second quality finds the best enquiry as fowl feed at 3s 3d to 3s 4d ; broken wheat is selling at 2s JOd to 3s, according to quality. _ Oats—An average trade is being done, the local buyers being still in the market for limited quantities. Milling are ecarca at Is lid to 2s; short heavy feed areat Is 10d ; and spnrrowbills and inferior Bhort Canadians at Is 8d to Is 9d ; long and inferior ore selling in small lines at Is 6d t 0 Is 7d. Barley—Prime malting is scarce, and is worth 4s to 4s 3d ; medium quality, 3s 9d ; and second quality is rather more difficult to quit at 3a 3d to 3s 4d ; feed is dull at 2s to 2s 3d.

Beans are scarce and firm at 3s 2d to 3s 3d.

Peas are going off slow at 3s to 3s 3d for blues, and at 2a 9d to 2s lOd for feeding lines. Grasß Seed—Machine-dressed is moving off in amt.ll lots at 3s 6d ; farmers' parcels are quiet, and vary in value from 2s to 2s 9d. Cocksfoot has been brisk, and the market bus been pretty well cleared at prices up to 4jd for growers samples. Potatoes are still without enquiry. Small lines are moving off at 25s at country stations; kidneyß are in strong demand.

Dairy Produce—Butter has a fair enquiry at 7d to 7sd for prime tub newly made. Cheeße is dull, and has very little euquiry at 3£d to sd. The above quotations are for delivery, f.0.b., Lyfctelton, sacks extra.

OHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wednesday, there was a good entry of stock, and a more than average attendance of buyers and others.

Cattle—Fat: A good entry yarded, though fur below last week's heavy entry, the quality of the stock was in "nost cases all thut could be wished for, though a trifle light, and prices fell slightly. Bullocks sold at from £5 2a 6d to £6 10s, one good line going for £8 7s 6d per head. Heifers sold at from £3 15s to £7 2a 6.1 per head. Fat cows from £4 to £6, being fromlsstol7s per 100% ascording to the quality. Store cattle—Only a moderate entry, principally odd lots of dry cows, with here and there a pen of heifers and steers. Dry cowa sold nt frem 26s to 508 per head. Dairy Stock : In the dairy stock market a very fair entry was yarded, principally good sorts. Good cows, young to middle age, realised at from £5 10s to £7 15s per head.

Sheep Fat: Not a greac number yarded, but a capital entry as regards quality. The demand was brisk, both from local and export buyers, and all lines sold at enhanced values. Crossbred wethers, primest, sold at from 12s lo 16s Gd per head, higher sorts at from 9s 3d to 10i 6d. Crossbred ewes sold at from 8a 6d to 10j. Very heavy weights from lis 6d to 15s 2d per head, being at the rate of from If d to 2|d per lb, according to the quality. Store Sheep : A very few lines yarded. The sales were a line of 170 two and four-tooth crossbred wethers at from 8s 7d to 9a Id, and a line of 107 two-tooth ewes and wethers at 9s ; 112 merino eweß at 2a lid. Pigs—Tne demand was very healthy, all lots selling at quite late values ; baconers at from 30s to 46s per head ; weaners from 18s to 34s Gd. Stores met with a better enquiry than of late.

DCJNEDIN PRODUCE MARKETS. The following is the report for the week endiDg Wednpsday :

Wheat—The market for this sti'l continues quiet, and fe* sales are passing. Buyers aro not inclined to make 'arge purchases in faco of reports from the Home markets and the large etocks held in tbe North. Prime milling qualities, 4s to 21; good, 3s 9d to 3s lid ; fowl feed, Si to 3* Gd, for large whole grain (all ex store). Barley—During the week very few parcels have come to hand, and the demand is limited. Prices are : Medium to prime malting, 3s 8d to 4«; feed and milling, 3* to 3* 61, ex Btore. Qats— There has been some slight demand for shipments dining the last day or two, and prices have hardened, though no quotable change has taken place. Prime milling, Is 8d to Is 9d ; bright short feed up to Is 8d; inferior to medium, Is 5d to Is 7d ; daniali, Is 7£d, ex store. -

Grass Seed—There is still almost nothing doing, and prices are nominally uncharged.

Chaft —Supply short. All good parcels are reaHily sold at 45s to 50a; medium, 403 to 455. Straw without enquiry. Potatoes—Supplies on hund remain very heavy, and sales aie difficult to make. Southern lots, which are mostly in poor condition, are quoted at 22a 6d to 27s 6d, «nd the few Korlhern lots offering bring from 358 to 40i>, according to quality. Turnips are plentiful at 15s (bags extra). Carrots are 30s (bags extra).

Butter—Fresh, in mixed cases, 8d to 9d ; salt is in over-supply, and demand limited at 6d.

Eggs—la 2d per dozen, with a good supply.

Sheepskins—On Monday dry crossbreds, low to medium, brought 9d to do mrrino, 8d to 2a 4d ; dry pelts, to 6d ; butchers' green crossbreds, 2s 7d to 4- 5< ; merinos, 2s 3d to 4s.

Hiile«-A fair 'emund exists for all sort*, according to weight and sizj. Quotations are : For inferi- r and bull, to 2<l; light, 3|d to 2fd ; medium, 2M io 3£d ; heavy, 3Ad to 4d. " I'dlli w Medium io infor>i>r is in better lequeat and prices firmer. Piime mutton

is in good request at £l7 to £l9 ; medium, £l4 to £l6; inferior, £l3 to £l3 10a ; butcherß' rough fat: beat, 6a 6d tolls ; inferior, 3a to 69.

DUNEDIN STOCK MARKETS. At the Burnisde Yards on Wednesday the following business was transacted • Fat Cattle—l3B yarded. Quality from ordinary to good. Bidding was only fairly active, and prices remained about the same as last week’s quotations. Best bullocks brought from £6 15s to £7 15s; one or two pens extra heavy, £8 to £9 15a; medium to good, £4 10s to £6 15s; cows, from £3 17s 6d to £7.— Donald Stronach sold for the proprietors Seadown estate, 16 heifers at £5 to £5 12s 6d. Reid, Maclean and Co. sold for Mr W. M‘Leod (Waimate), (J really prime bullocks at from £7 17s 6d to £9lss (the latter being top market price); for executors of the bite M. Studholme (Waimate estate), 6 at £7 2s 6d to £7 ss, Fat Sheep—3l92 were penned, of which 300 were merinos from medium to prime, the remainder crossbreds of mixed sexes from ordinary to prime quality. Prices showed a reduction of fully Is per head on last week’s sales. Best crossbred wethers 8s 6d to 10s 6d, one pen 11s 9d ; medium to good, 6s to 8s 3d ; best do ewes, 7b 9d to 9a; medium to good, 6s to 7a 6d ; merino wethers, 4s 9d to 10s 3d.— Reid, Maclean, and Co. sold for Messrs Bourne and M'Donald (Washdyke), 60 crossbreds at 7s to 7a 9d. Fat Lambs—43 penned and sold by D, Reid and Co. at 5s 3d. Pigs—3ol,l were penned, the number being beyond the trade requirements ; consequently prices for baconers and porkers were much lower. Suckers brought 6s to 9s; light stores, 13s to 17s ; others, 18s to 20s 6d ; porkers, 22s 6d to 28s ; bacon era, 20s to 55s.—Reid, Maclean, and Co. sold for Mr M'Kay (Rakaia) 139 bacon pigs at 26s 6d to 365; for Messrs Bourne and M‘Donald (Washdyke), 54 at 29a to 375.

THE SUGAR MARKETS.

Adelaide, July 13.

The Salazie, which arrived to-day from Marseilles, brings Mauritius news to June 25th, under which date Ireland and Fraser report :—" The weather is cold and dry, thus retarding the harvest. The now sugar crop is estimated to prove equal to the last, and will bs about 100,000 tone. Engagements during the month include 580 tons for Christchurch. The clearances include 103 tonß for Lyttelton and 250 tons for Port Chalmers. Freights firm, tonnage being limited ; rate to Australia, 17a 6J ; New Zealand, 32s 6d. Exchange on New Zealand, 60 per eent, ; Bank credits, 43 j.er cent. The stock of sugar on band is 15,000 tons. Exports this BPason to New Zealand amount to 3980 tons."

ENGLISH MARKETS. London, July 13. Adelaide wheat—Off-coast cargoes are quoted at 33s 7£d.

The wool 6ales close to-morrow. The total sold to date is 330,000 bales, including a quantity forwarded to manufacturing districts direct. Thirty thousand bales have been held over. The sales have proceeded with good Spirit, but without a quotable change in prices since the opening.