COMMERCIAL.

Temuka Leader, Issue 1623, 20 August 1887, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE Th» Corn Exchange reports for the week ending Friday evening, the 19th inst. We Lave little change to note in the grain and produce market. Local requirements being limited, and stocks generally in excess of requirements. Shipping orders are not plentiful and are mostly limited in quantity. Freights are more in favor of shippers, both for London and intercolonial markets. The fine weather of the post week has been taken advantage of by farmers in preparing for spring sowing, which promises to be fully up to the acreage of previous years. Wheat—Holders are still asking 3s 6d to 3s 7|d for milling wheats, but the outside values do not warrant these prices. Pearl is in shoit supply and has a fair demand among local millers at 3s 6<i to 3s 7d ; tuscan is selling in small lines for seed at 3s 8d and 3s 9d, but for milling parcels it is hardly in such good favor!as pearl; hunters is quoted at 3i 5d to 3s 6d ; chicken wheat (whole) commands 3a Id to 3s 2d j broken, 2a lOd to 2s lid, with an average enquiry. I Oats are steady at last week’s quotations although there are but few being, shipped. Milling ; are quiet at Is lOd to Is lid; gi od short feed are being quitted at Is 9d, and long sorts at la 6d to Is Bd. 1 Barley.—No prime malting is offering; any second-class lots have a ready sale At 3s 3d to 3s 6d, and feed is wanted at 2s to 2s 3d. ; Beans— Little business is doing at 3fl 3d. Peas are quiet at for Prussian blues, 3s to 3s 3d, and feed sorts 2s 9d to 2s lOd, Grass Seed-Large quantities are offering and nothing bat the best mnehipedressed meets with favour at 3s 4d 'to 3s 6d ; farmers’ parcels are hard to sell at 2* 3d to 2a 9d : cocksfoot is quietly going off at 4|d to 4|d for machine-dressed. . Potatoes remain unsaleable. A few sales have been made as low as 15s at country stations, but the majority of the farmers decline to do business under 20i. Dairy Produce—Fresh potted butter is in good request atßd,but stale lots are almost unsaleable. Cheese is very dull. Several lines are on the market at 3d to 3 H without meeting with buyers. The above quotations are for delivery f.0.b., Lyttelton, sacks extra. CHRISTCHURCH STOCK MARKETS. At the Addington yards 6n Wednesday, the attendance of those interested was more than an average one. Fat Cattle—A capital entry, principally good quality, and values advanced slightly. Steers sold at from £5 2s 6 4 to £8 10a ; heifers and fat cows from £3 15a to £7 15a, being from 15a to 18s 6d perlOOlbs. Store Cattle—The principal sales made were a small line of forward-conditioned three and four-year-old steers at £5 12s per head : a line of 22 three-year-old steers at £5 per head ; a pen of three-year-old heifers, very prime sorts, at from £4 to £4:lss; a line of two to three-year-old steers in capital condition at £3183. Yearling cattle sold at 163 lo 2Js per head, and the usual complement of atore cows at from 30s to 50s per bead. Dairy Stock—The primest of the milch cows, on the point of calving, ranged in value at from £7 to £9, second-rate aorta from £4 to £6, and not a few in poor condition sold at from £2 15s to £3 7u 6d per head. Fat Sheep—A good entry, but not so heavy »s the few previous markets. Values receded to the extent of about Is per head, in second-rate more especially, the best of the sheep about holding their own compared with last week’s market. Crossbred wethers sold at from 13s to 16s 3d for primest lighter weights, and second-rate quality at from 10s to 12s. Ewes sold at from 8s 6d to 14s; merino wethers from 6s 8d to 8s 6d, a grand pen of merinos fetching 14s 6d. Values ranging at from IJd to 2|d per lb, according to quality. A few fat lambs, being the first of the season, were yarded, and elicited good competition from the trade,’ selling at prices ranging from 10s to 15a per head. Store Sheep—Values gave way somewhat in sympathy with the fat sheep market. The principal sales were a line of 120 two-tooth crossbred wethers at 8s lid, 300 merino wethers at 5s 4d, 250 do at 6s 7d, lines of ewes in lamb at fis lid to 6s 6d, 122 crossbred wethers at 8s 3d, 275 do at 7s 9J, 75 four-tooth wethers at 10s 6d. Pigs—A good entry yarded, comprising i some very superior quality. Bacon pigs:: The demand holds out well, all lots salliqg at quite late values, viz., 3d te 3|-d, per lb, according to quality, Baconei-s sold at from 32s to 46s per head ; porkers at from 16a to 255. The enquiry for stores now shows a littl- more life. DUNEDIN PRODUCE MARKETS. : The following is the report for the week ending Wednesday : Wheat—The market is very inactive. Millers seem indifferent about buying, except small parcels for mixing, such as choice tuscan and red straw, and to push sales of either sorts a slight reduction would require to be accepted. Prices are —For finest tuscan and red straw, 4i Id to 4s 2d ; good milling, 3i 9d to 4s ; inferior and fowl feed, which is scarce, 3-< oßs6d. Barley—The arrivals of this have been almost nil , and any lots cf malting coming to hand are readily taken up by brewers. Prices are without alteration during the week. Oats—There has been a very moderate enquiry for this lino since last report, and that principally for local consumption. Ordinary ford sorts are difficult to sail, except at rather low rates. Quotations are—For p-itne milling, Is 8d to Is 91 ; good bright feed, I - 7£d to 1- 8d; ordinary and disco'ored, Is 41 to Is 6d. Grass Seed—Prices remain nominally, for machine dressed, 3* 6d to 4*; best farmers’ parcels up to 3s 31; lower qualities, 2i to 2* 3 K , j Chaff—Good oaten sheaf is readily saleable at £2 15a; medium quality, £2 7s 6d to' £2 10s. Potatoes— Southerns, £1 15s ; good northerns would fetch £2. ■ i Turnips, 143 to 15s ; carrots nominally 253, but no business doing. I v Butter—Salt, in ke s, quiet at 6d ; fretlh plentiful at 7d to 8d in mixed cases. j Eggs, Is Id per doz, , JSheepskins—Qn Moudry country croslsbceds brought lOd to 3s 41; good to beat, '

3s 6d to 4a 6d ; dry merino, low to medium, 9d to 2s 3d ; good to best, 2s 6d to 4s 2d ; butchers’ green crossbreds, 3s 9d to 4s 8d ; do do merino, 2a 4d to 3i Cd. Hides—Prices are as follow; For inferior and bulls’, l£d to 2d ; light, 2M to 2§d ; medium, 2|d to 3|d ; heavy, 3jd to 3|d per lb. Tallow- Quota lions are : For prime mutton, from 16s to 18a 6d ; mixed, 13s to 13s; inferior, 12s to 12s 6d; rough fat, inferior, 5s to 7s; medium, 7a 6d to 9s; best mutton, 9s 6d to lie per cwt, DUNEDIN STOCK MARKETS. ! At the Burnisde Yards on Wednesday the following business was transacted : Fat Cattle larger portion being good to prime quality beef. Bidding was not at all active, buyers acting with caution; consequently prices were greatly reduced 1 on last week’s report. Best bullocks brought £7 2s 6d to £8 17s 6d—one pen £9 7» 6d ; medium to good, ±5 5s to £6 17s 6d; and cows, £4 15s to £7.- -Reid, Maclean and Coi, sold for Mr F. Simmons (Makikihi), a draft of prime polled Angus bullocks from £8 7s 6d to £9 7s 6d (top price).— Wright, Stephenson and Co. sold for Mr R. A. Barker (Orari), 1 "Devon steer, £7 7s 6d, and 5 Devon cows at £6 15s to £6l7a 6d; for Mr Andrew Grant (Pemuka) 7 steers and heifers at £4 2s 6d to £S. Fat Sheep—2l76 were penned, of which sdo wore merinos, the remainder crossbreds. Prices fell Is to Is 6d per head on last week’s rates, and some pens turned out unsold. Best crossbred wethers brought 9s 6d to 13s 6d, one pen 14a; ordinary, 7s 9d to 9s 3d ; best crossbred ewes, 8s to 8s 9d; ordinary, 6s to 7s 6d ; merino wethers, 7s 91 to 9a,—Wright, Stephenson and Co, sold for John Douglas (Waihoa Downs), 111 merino wethers at 7s 9d.—Donald Reid and Co. sold for Mr John Allan (Wai-iti), 40 halfbred wethers at Bs. Pigs—372 were penned, very few of these being good baconers, mostly suckers, stores, and porkers. Bidding was active at prices a shade better than last week’s quotations. Suckers brought 6s 6d to 8s 6d ; light stores, 15s to 18s 6d ; porkers, 17s 6d to 30s; baconers, 35s to 60s.— Reid, Maclean ffnd Co. sold 66 for Messrs Bourne and M'Donald (Washdyka) from 21s to 41s. ENGLISH MARKETS. London, Aug. 17. The Antwerp wool sales opened to day. The tone of the market was quiet, Prices are Id lower than the closing rates last auctions. Chilian bar copper is quoted at 42s 6d. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated 16th August Wheat—Market depressed, owing to favorable harvest prospects. The French harvest has been secured in good condition, New Zealand wheat (average) is worth 32s 6d per 4961 bs. fallow—The market is better. Good mutton and beef tallows are worth 23s per cwt. Leather—Market unchanged . Frozen Meat—The market is quiet. Canterbury mutton and lamb are worth 3|d and 5d per lb respectively.