COMMERCIAL.

Temuka Leader, Issue 1616, 9 August 1887, Page 4

COMMERCIAL.

CHRISTOHWROH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the stb inst.

We have but little change to note in values of grain or produce. _ Outside markets continue dull, and shippers are not anxious to risk consignments. Efforts are being made to ease the potato market, advantage being taken of low freights offering to Aus'ralian ports. Yesterday s wheat cable is significant, but it is hard to say what influence it may have on the world’s market. . . Wheat—The business transpiring is of a limited nature, but prices are fairly well maintained, 3s being top value for pearl or tuscan, and 3s 6d to 3s 7d for hunter’s, Second quality parcels are very dull, as is also chick wheat, the latter vary ing from 2s 9d to 3s Id. Oata —A few parcels of seed and prime milling oats are moving off at la 30d to Is lid, but feed kinds are quiet at Is 9d for short and Is 7d for long and inferior descriptions. Barley—Prime malting is in demand among local maltsters, but inferior kinds only find buyers for shipment at 3s 3d to 3a 6d. Feed lines are in better request at 2s 2d to 2s 3d. Beans— Beans are quiet at 3s Id to 3s 3d, Peas—Peas have only a limited enquiry at 2a 9d for feed and 3s to 3s 3d for prossian blues.

Grass Seed—The spring enquiries are now coming to hand, chiefly for machinedressed parcels, which are largely held by merchants. Farmers’ parcels at present are not asked for. Machine-dressed is quoted at 3s 6d to 3s 9d, with moderate business, but it is hard to quit farmers’ lots at over 2fs 6d. Cocksfoot—Demand has steadied ; prices remain at 4d to 4jd for bright heavy seed, and second quality at 3|d to 4|d. Potatoes—Potatoes are being shipped largely to Brisbane and Sydney on consignment, they being unsaleable in this market. It is not anticipated that any improvement can now take place, the season being too far advanced and stocks still very large. Dairy produce—Butter, nowly-raade and of prime quality commands Bd, but stale and inferior lots are almost unsaleable. Cheese is very dull. Several lines are offering at 3d to and loaf shape is not worth more than 4d.

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

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday Wheat The market during the past week has been unusually quiet, owing to millers wishing to clear off heavy stocks of both wheat and flour. Prices, however, have not been affected, although sales have been light. Quotations are : For prime milling, 4s to 4s 3d ; medium 3s 8d to 3s lid ; fowls’ wheat, 3s to3s6d. Oats—The demand at present, both for shipment and local use, is entirely confined to best samples of bright feed and milling. We quote best milling, la 9d to Is lOd ; best short feed, Is 8d to Is B|d ; medium and discolored, Is 6d to Is ?|d ; inferior, Is 4d to la 6d. Barley—There is sale for prime malting at 3s lOd to 4s (bags extra); milling, 3s 3d to 3s 6d ; feed, 2s 6d to 2s 9d. Chaff—The price to-day for best oaten sheaf is £2 15s ; medium, £2 10s. Potatoes—Northerns, £2 ; Southerns, 355. Supplies fairly plentiful. Grass Seed—There is nothing doing in ryegrass, and cocksfoot is quiet at 4£d to 4|d. Turnips are plentiful at 16s. Carrots —255. Butter—Salt, slow of sale at 6d ; fresh, 8d to 9d. Eggs—ls 2d per dozen. Sheepskins—On Monday, the prices for green crossbred skins ranged from 2* 6d to 4s 6d, up to 4s 9d for picked lots ; green merinos, 2s 3d to 3s 9d ; dry crossbreds, ]s Id to 4a 6d ; do merinos, lOd to 3a 6d; pelts, 3d to lOd ; lambskins, Is 4d to 2s lOd.

Hides—There ia nothing fresh to report further than a steady demand exists at late prices, which are as follow :—For inferior and bulls’, l|d to 2d ; light, 2jd to 2M ; medium, 2|d to SJd ; heavy, 3gd to 4d per lb. Tallow—Prime mutton, 16s to 18s 6d ; mixed, 13s to 15s ; inferior, 12s to 12s 6d; rough fat, infmor, 5s tu 7s ; medium, 7s 6d to 9s ; best mutton, 9s 6d to 11».

DUNEDIN STOCK MARKETS. At the Burnisde Yards on Wednesday the following business was transacted : Fat Cattle to-day’s market, the larger portion being good to prime quality beef, including a a few pens extra heavy weights, the balance inferior to medium cattle. Best bullocks brought from £8 10s to £9 ss, one pen extra heavy £lO 17a 6d ; useful to prime, £5 15s to £8 ss; light weights, £4 2s 6d to £ss 5s ; cows up to £7 12s 6d. Fat Sheep which only 75 were merinos. The quality throughout was good, several drafts of ronlly fine wethers being offered. Best pens crossbred * ethers brought 10a to 13s, a few pens extra heavy weight 14s to 16s 9d ; medium, 8s 3d to 9s 9d ; best crossbred ewes, 8» 9d to 11s 3d, one pen 14s ; medium 6s to 8s 6d ; merino wethers, 7s 9d to 8 J Sd. —Reid, Maclean and Co. sold for Mr E. Fowler (South Canterbury) 72 crossbred ewes from 10s 3d to lls 3d. Pio ß Only 99 were penned. Competition was better, and rather higher prices wore realised. Porkers brought from 21a to 28a ; baconers, 30a to 45s ; a few heavy weights, up to 66s.—Reid, Maclean and Co. sold 65 for Messrs Bourne and M‘Donald (Washdyke), at from 23a 6d to 355.

CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday, the entries of cattle wtre but a very heavy entry of both fat and store sheep was yarded, the heaviest probably of the present season. Fat cal,tie—A moderate entry in point of numbers, the quality being something above the aveiage, one or two very nice lines of both steers and heifers being offered ; the demand was anything but brisk, late values sbovrin* noimprov‘<aienfc. Steers sold at from £5 2s 6d to £6 12e 6d j heifers nd fat cows at from £3 10s to £6 5 i, being from 15i to 17* 6f jti 1001 b, eooording to quel'ty. But little

was offering, and barely any enquiry shown in the store cattle market. Dairy caws also were a small entry, and little was done; values unaltered.

Pat sheep—A very heavy entry, quality varied, but principally very good, towards the end of the sale values hardened considerably. The best of the crossbred wethers sold at from 13a to 18s per bead; lighter weights at from 10b 6d to 12s 6d; wethers and ewes, mixed, at from 10s 3d to 13s 6d ; crossbred owes from 9a to 14s 6d for heavy weights j merino wethers at from 6s 3d to 10a 9d, and as high as 14a 9d, being at from If dto 2Jd according to quality. Store sheep—A good number yarded, and a very healthy enquiry shown, nearly every line changing hands. Lines of two-tooth ewes and wethers, mixed, sold at 6s lid; two and four-tooth crossbred ewes, in lamb, at from 7s 2d to 8s 6d { a line of mixed sexes, four-tooths, at from 7s 9d and 7s 6d.

Pigs—A very good entry. The demand was again keen, all lots selling at quite late values. Baooners sold at from 29t to 42a 6d per head, porkers at from 18s to 265, stores from 6a 6d to 12i 6d, at the rate of from Bd to 3fd per lb, according to quality.

AUSTRALIAN MARKETS. Sydney, Aug, 5. New Zealand wheat is quoted at 3s 3d to 3s 6d ; New Zealand oats, 2s to 2s 4d ; maize, 3s 3d. The market is considerably glutted with all sorts of produce, Adelaide, Aug. 5. Wheat is depressed and selling at 3s 9d to 3s lOd. Town flour, £9 5s to £9 15*; country brands, £8 5s to £8 10s. ENGLISH MARKETS. London-, Aug. 5. Sugar is placed at 12s 4d. Aug. 6. The wheat market is quiet. English sorts are lower. Quotations for Australian wheat on the spot aro unchanged. Coast cargoes have been sold at 35s 3d. The Californian corner has collapsed. The trade in English new crops opens at Mark Lane on Monday. The weather is splendid, Aug, 7. Adelaide wheat, ex store, in unchanged at 34s 6d. New Zealand wheat is 33s to 365, according to quality. Adelaide flour, ex store, remains at 245.

The total quantity of wheat and flour afloat for the United Kingdom is 1,890,0C0 quarters, and for the Continent 464,000 quarters. Australian tallow, average quality, remains at 22s for beef, and 23s for mutton,

New Zealand frozen mutton, prime quality, is quoted at 4d per lb.