COMMERCIAL.

Temuka Leader, Issue 1614, 30 July 1887, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The Corn Exchange reports for the week ending Friday evening, the 22nd iust. :

But little change has taken place iu values of grain or produce during the past week. Shipments have been light, and local requirements are of the most restricted character. Seed tuscan and barley *haa an occasional enquiry. Freights to London are reasonable, but advices are unfavorable to Home shipments.

Wheat—Limited sales have taken place at 3s 7d for tuscan and pearl, and 3s 6d to 3s 7d for hunters ; second quality is rather dull at 3s 4d to 3s 5d ; chicken wheat is in better supply, but dealers are full, and not anxious to increase stocks. Oats are offering plentifully and prices have slightly receded. Prime milling can be purchased at Is lOd to Is lid, and short feed at dull atls 9d to Is lOd ; long description are at Is 6d to la Bd. Barley--Prime malting samples are not in stock, and malsters are buying second quality at 3s 6d to 3a 9d ; feed linos are dull at 2s to 2a 3d.

Roans aro in good demand at 3s 2d to 3a 31.

Peas are quiet. Prussian blues ore moving off slowly at 3« to 3a 2d, and feed lines are worth 2a 9d to 2a lOd. Grass Seed—But few sales have yet taken place, machine dressed being quoted at 3a 6d, and farmers’ parcels m® with little demand at 2s to 3s. Cocksfoot is firm at 4d to 4jd for prime heavy seed; second quality is selling at 3Jd to 3fd. Potatoes are still unsaleable, the Sydney market being still glutted, and the interprovincial orders very small. Kidneys are in good demand for orders from the North Island.

Dairy Produce—Business is almost at a standstill. The quantities’ offering are far in excess of requirements. Prime tub butter has a limited enquiry at 6d to 8d ; second quality is without demand. Cheese is dull at 3d to 4d.

The above quotations are for delivery, f.0.b., Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wednesday, there were heavy entries of all kinds of stock, the attendance of those interested being also much above the average. Fat Cattle—A heavy entry, principally first class quality, and very suitable weights. The demand, however, was only middling, and values ruled very low, not a few lots being sent out unsold. Bullocks sold at from £5 to £7 7s 6d, and for a very heavy superior line as high as £Blss was reached. Heifers sold at from £3 Is 6d to £6 10s per head, being at the rate of from 15s to 17s 6d per IdOlbs, according to the quality. Store Cattle— There was not a large entry of this class of stock yarded and not much enquiry manifested. A nice little line of two-year-old heifers, three-parts fat, sold at £2 16s per head, and odd lota of store cows at from 28a to 60s pec head. There was a very large number of dairy cattle yarded, and a fairly good demand shown. Superior cows, on the point of calving, sold at from £6 10s to £9 ; ordinary sorts from £3 15s to £5 per head. Fat Sheep—A very heavy entry yarded, the greater part being crossbreds of the best°quality. The demand was good, all lots selling at a slight advance on late quoted values. The primost of the crossbreds sold at from 12s to 17s per head, lighter weight wethers from 9s 6d to lls, crossbred ewes from 9s to 14s per head, merino wethers at from 5s 8d to 8s 6d per head, being from Ijd to 2*|d per lb, according to quality. In stores a lice of 2 and 4-toofch mixed crossbreds fetched 7s 3d ; lines of young crossbred ewes, in lamb, 8s 3d and 8s 6d,; 2-tooth ewes, 7s Id, and 2 tooth wethers at 6s 6d and 7s Id ; and a line of crossbred lambs at 6a 9d to 6s lOd.

Pigs A heavy entry was yarded, a goodr portion being baconers. The demand showed an improvement over recent markets, all lot* selling at a slight advance on late quoted values, Baconers sold at from 30s to 47a per head 5 porkers ut from 16s to 28s.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday :

Wheat—We have again to reporta very steady market. This cereal remains in fair request with no appreciable alteration in values. Deliveries from the country are small, and all offered for sale, no matter of what description or quality, meet with ready sale ut the following quotations ; For prime milling, 4s to 4s 3d, an extra Id for choice ; tusoan and red straw (medium to good) ,3* 9d to Ss lid ; inferior and fowls’ wheat, 3a to 3s 6d (ex store, bags weighed in/. Oats— The past week has not brought round any improvement in the aspect of the market. Values are much about the same as last week—vi*., for prime milling, Is 91 to Is 10d ; bast short bright Jeed, Is 8d to Is 8^1; mpdium and discolored. Is 61 to la 7|d ; .inferior, Is 41 to Is 6d ; long tartars, tit for'seed, 2i to 2s Id (ex store bags weighed in). Barley— Malsters for the most part are fairly well supplied for the time being ; in consequence, any demand on their part is confined to choice lots, medium being difficult to place, except for milling, which has a fair demand* but the consumption is small. Quotations are For prime malting, 3s 10d to 4s; medium, 3s 6d to 3a 9d ; feed and milling 3s to 3i 61 (ex store)* Ryegrass Seed Quotations are nominally, for machine dressed, 3s 3 J to 3s 91» farmers’ dressed lots from 3s to 3s (bags extra). Cocksfoot Seed Quotations are: For good colored clean seed, 4£d to 5d ; medium, 3d to 41 per lb (sacks extra). Potatoes Southern range from 2os to 30s ; Northern, 35s to 40*. Supplies have been more plentiful during the week. Best oaten sheaf, £2 15s; medium, £2 10s. Butler— Silt is plentiful at 6d; fresh, 8 i (in mixed cases). Kggg—ls 2d per dozen. Turnips are plentiful at 15s. Carro’s, 25s to 30s.

Sheepskins Ou Monday, country dry f crossbreds, low to medium, brought 81 to 2i 91, best do 3s to 4i6i; do merino, 1 low to medium 9d to 2* 31, good lo best 2i 64 t> 4* 31; dry pelts 21 to 61 ; b itchera' green crossbreds, 3s 2d to 4 1 31 > |do do merino, Js 01 to 2a § b

Hides Quotations are : For inferior and bulls’ l£d to 2d, light 2jd to 2$ I, medium 2|d to 3|d, heavy 3|i to 3|d, exceptional lots 4d per lb. Tallow Quotations are : For inferior and mixed, 10s to 13s; medium to good, 14» to 16s ; good to best mutton, 17a to 18s; rough fut—inferior 6s to 7s, medium to good 8a to 9s; beat mutton, 10a to 11s per cwt. DUNEDIN STOCK MARKETS.

At the Burnisde Yards on Wednesday the following business was transacted -

Fat Cattle—-189 wore yarded. About half were good to prime, the balance stores to medium quality. except for best quality, were spiritless, and on the whole last week’s prices were barely maintained. Best bullocks brought £7 2s 6d £8 12a 6d ; ordinary to good, £3 10s to £6 10s; cows in proportion.— Donald Stronach sold for Mr William Ackroyd (Temuka), nice quality bullocks at £7 to £B. Donald Koid and Co. sold for Mr A. Boyle (Otaio, South Canterbury), 12 prime bullocks at £8 10s. Fat Sheep—4l6B were penned, and included about 300 merinos. Prices obtained for a few pens heavy and extra prime wethers showed an advance, but taking them all through, quality considered, last week’s values were hardly reached. Best crossbred wethers brought Its to 13s 6d; a few pens extra prime, J4s to 16s 9d ; medium, 9s to 10s 9d ; best do ewes, 9b to 11s 9d ; medium, 5s 6d to 8s 9d ; merino wethers, 4s 3d to 9s.— Donald Reid sold for Mr. William Grant (Elloughton Grange), 65 crossbreds at9i; for Mr John Allan (Wai-iti), 97 halfbred wethers at 12s 3d, 150 halfbred ewes at 10s 3d to 10a 6d ; for the executors of the late Mr Stud-, holm® (Waimate Estate), 124 crossbreds from 8s to 8s 9d ; for Mr J. Oliver (South Canterbury), 46 crossbreds at 8s 9d, and 78 merino wethers at 6s 6d ; for Mr W. Grant (Elloughton Grange), 65 crossbred ewes at up to 7s 3d. Pigs—l 97 were penned, representing the usual description. Competition was good for all classes, particularly so for stores. Suckers brought 5s 6d to 6a; light stores, 8s 6d to 14s 6d ; others, 15s to 18s; porkers, 21s to 295; baconers, 32s to 46s.—Wright, Stevenson, and Co. sold for Messrs Bourne and . M'Donald (Washdyke), 65 at 21s to 40*.

ENGLISH MARKETS. London, July 26. Sugar is declining, and is now quoted at £l2 ss.

The Now Zealand Loan and Mercantile Agency Company, Limited* have received the following cable message from London, dated 26th July :

Wheat—The market for New Zealand sorts is depressed, New Zealand average and long-berried are worth, respectively, 34s and 35s fid per 4961b5. New Zealand f.a:q. is worth, c.i.f., off coast, 31a 6d per 4801bs. Oats—Market steadier.

Preserved Meats—The market is depressed. Arrivals are in excess of trade requirements. Boiled mutton and beef without bone (Gib tins) are worth respectively 4£d and 4|d per lb. Boiled beet without bone (2ib tins) is worth 4|d per lb.