COMMERCIAL.

Temuka Leader, Issue 1626, 27 August 1887, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 26th inst. ; Business has not been very brisk during tho past week. A steady output, however, is taking place in oats and potatoes, tho Utter being consigned on growers’ account. The weather has been all that can be desired for spring sowing, and good news is to hand from country districts as co the outlook of the young crops. Wheat—Pearl and tnscan is dull at 3s 7d, and hunters has little enquiry at 3s 6d, bat chickwheat has a f «ir demand at 3a Id t® 3s 2d whole, and 2s 9d to 2a lid for broken. Oats—A better tone has been noticeable during the past few days, and Is JOd has been given for heavy short feed for shipment, and local buyers are also purchasing in small lots; plenty however nre offering at above rates. Sparrowbills nre not so srleabla at Is 9d. while danish and tartars are dull at Is 7d. Barley—There is no prime malting iu the market, and second quality has good enquiry at 3s 3d to 3a 6d, while feed lines are quiet at 2s 3d to 2s 4d. Banns sra worth 3s 2d to 3s 3d. Prussian blues, 3s 31 for prime linos ; feed sor's are worth from 2s 9d to 2s 30d.

Grass S-el—There is plenty of ryegrass offering at 3s 3d to 3s 6d, machine dressed, but little sale, and there is no enquiry for farmers’ lines, which are very unsaleable at Is 91 to 2s 91. Cocksfoot has not quite so strong a demand at to 4£d. Potatoes have no sale at 15a at country stations. Dairy Produce—Prime new made butter has a good enquiry at 8d; other ’ines have no demand. Cheese is very dull at 3d to 3sd. The above quotations are for delivery f.0.b., Lyttelton, sacks extra. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday, a la l go entry of all kinds of stock was sent forward to the above yards. The attendance of buyers and others was good but rates ruled about the same as last week. Fat Cattle—Tho entry was larger than for a long time past, the quality being fairly good, in one or two cases superior. Steers sold at from £5 to £8 10a ; heifers and fat cows at from £3 17s 6d to £7 16*, and to as high as £9 12s 6d and £lO 10s per head, vuluss ranging at from 15s to 18s 6d per hundred lb, according to the quality. Store Cattle A very large entry yarded, principally 2 and 3-year-old steers and heifers and heifers ; but prices were hardly satisfactory to vendors. Three or four lines of 3-year-old steers sold at from £4 10s to £4 35s per head, 2-year-old ditto at £2 15s, 3-year-old heifers at from £3 to £3 7b, various lots of store cows at from 40s to 60a per head ; yearling cattle, from 18s to 23j per head. Dairy Cattle A very moderate lot yarded. Quotations unaltered. Fat Sbeep—A large entry ; a few very good lines here and there, but principally second rate quality. Prices were a shade lower than last week. The primest of the crossbred wethers sold at from 15s to 16a 4J ; maiden ewes and wethers, mixed, 13s to 14s 3d ; light-weight wethers 30s to lis 9J ; merino wethers at from 8s to 12s; merino ewes 6s 3d to 7s; prices p.r lb, ranging at from l|d to 2|d, according as the quality varied. The N.Z.L. and M.A. Co. sold for Messrs Orr, 50 crossbred wethers at Us 9d and mixed sexes at 12s 9d ; for Mr B, Bayley, 60 crossbreds at lla 6d to 13s 3d. Messrs Miles and Co. sold for Mr M. Quinn, 63 crossbred ewes at 9s 9d; Messrs Bsnnetts Bros, sold for Mr Grant, 90 crossbred wethers at 11s 3d to Is 9d.

Store Sheep— A largo entry; very mixed sorts ; demand pretty good, most lines changing hands at late ruling values. A lino of nearly fat four-tooth wethers, very good, sold at 13s; hoggets at 3s 6d ; to 5* 7d, and a grand line at 8s Id ; crossbred wethers, mixed ages, 8s 9d ; another line at 6s 6d, and lines of ewes, in lamb, at from 5s 6d to 7a 3d, Pigs—Only a moderate entry with a good sprinkling of stores. Demand good. Baconers sold at 26s to 42a ; porkers, 18s to 25s ; stores, 8s to 13s 6d.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—The market during the past week has not shown any signs of improvement. Sales have been limited to small parcels of choice tor mixing. Stocks in agents’ and farmers’ bands are known to bo very light, but it is very doubtful whether prices could be maintained should a few outside samples be put on the market. Quotations : Prime milling white velvet, 4s to 4s Id; choice red straw and tuscan, which are not so easily procured, 4* 2d to 4s 3d ; medium to good, 3s 91 to 3’ lid ; inferior and fowls’ wheat, 3s to 3a 8d (ex store, bags weighed in). Oats—The market during the past week has not been very active, but in most instances, especially bright full sorts fit for shipment, are held very firmly. For prime milling, Is B|d to Is 9d; short bright feed, Is 8d to Is B£d ; medium, Is 7£d to Is 8d ; inferior to medium, Is 4d to Is 7d ; long tartars and daniah, free from all other mixture, Is 9d to 2s (explore, bags weighed in). Barley could be placed for malting, but in the absence of suitable samples there is little or no business passing. A moderate demand exists for milling and feed, and any lots coming to band are easily placed. Quotations; Prime malting 4s Id to 4s 4d; medium, 3s 9d to 4s ; feed and milling, 3a to 3a 8d (ex store). Ch*.ff—Best oaten sheaf is saleable at £2 15s ; medium, £2 10s. Potatoes Supplies are pretty full. Southern derwents, 30s to 355; northerns, 37s 6d to £2. Kidneys are wanted at £3 to £3 gi. . . , . . Qrass Seed -Inquiries are beginning to be made for ryegrass, but little business has as yet resulted. Prices are 3a 6d to 4i for machine dressed, and 2s 6d to 3s for farmers’ lots ; cocksfoot, 4£d to 4|d. Turnips— l4s to 15s (quiet); carrots, 20s to 255. B itter—Salt in k-gs is being sold at very irregular piice* 41 t.n 6-1 per lb; I f, esli, in mixed cases, 6d to 7d. , Eggs—9d per dozen.

Sheepskins—On Monday, best butchers’ crossbred skins (green) brought from 4* to ss; medium, 3s 3d to 3s 9d ; merinos, 2a 9d to 3s 8d ; country skins, from la to 4s 4d. Hides—The market is very weak, due principally to the f.-vct that the market has been flooded with supplies from the North Island, and the local tanners hold heavy stocks. Tallow— Quotations; For inferior and mixed, 10s to 13s; medium to good, 14s to 16a; good to best, 17s to 18s; rough fat, inferior, 6s to 7s; medium to good, 8i to 9s ; mutton caul, clean and fresh, 10a to lls per owl.

DUNEDIN STOCK MARKETS.

At the Burnisde Yards on Wednesday the following business was transacted > Fat Cattle—The market was well supplied to-day, 268 head being yarded, including some very prime drafts. For good cattle the demand was fairly active, and prices if anything a shade firmer, but for low conditioned lots barely store rates were obtained. Best bullocks brought from £8 to £8 12s 6d ; medium, £6 to £7 10«; inferior, £4 to £sloa; best cows, from £5 10s to £6 15s; medium, £4 to £5 6s; inferior, £3 to £3 15s. Fat Sheep-2874 penned, nearly all crossbreds, and including some really prime drafts of wethers. Prices for really prime sheep were decidedly firmer, whilst for medium quality sheep barely last week’s quotations were maintained. Best crossbSed wethers brought from 13s 6d to 15s; medium, 10a to 12s 6d ; best crosscred ewes, from 10a to lls 9d ; medium, 8a to 9a 6d.—Messrs Reid, Maclean, and Co, sold for the executors of the late Mr M. Stud holme (Waimate Estate), 93 crossbred owes from 8a 9d to 9s 3d. Pigs—There were only 80 penned, for which there was good competition. Suckers brought 5a 6d to 9s 6d; a few extra well bred, 21s each ; porkers, 26a to 33s ; baconers, 35a to 50a ; a few heavy weights, to 58s. Messm Reid, Maclean, and Co. sold 20 for the executors of the late Mr M, Studholme (Waimate Estate), from 26s to 475,

ENGLISH MARKETS.

London, Aug. 23. Beet sugar is quoted at £l2 per ton. One hundred packets of new season’s Kentish hops, chiefly Prolifios, have bean offered at the Borough sale. The market was dull, prices ranging from £3 to £5 per cwt. Aug. 24. At the Antwerp wool sales 6000 bales remain to be sold. Tha Now Zealand Loan and Mercantile Agency Company, Limited, hare received the following cable message from London, dated August 28rd, 1887 : Wool—The Antwerp sales are lower. Australian sorts have declined £d per lb since close of the London sales. Wheat-Market is flat, The bulk of the harvest has been secured in good condition. : New Zealand wheat of average quality is worth 32s per 4961b5. Oata—Arrivals of Russian oats are heavy, and the market is lower;