COMMERCIAL.

Temuka Leader, Issue 1665, 26 November 1887, Page 4

COMMERCIAL.

CHRISTOHWECH CORN EXCHANGE. The Corn Exchange reports for the week ending; Friday evening, the 25th inst; : The weather has in the most part been favorable to the farming interests. Feed is prolific and the crops on the high dry lands are looking all that could be desired, and are giving promise of a favorable harvest. Crops in the low heavy lands are not looking so well, many places having perished in the early spring, and have been resown, and are now backward and delicate. Hay crops promise to be heavy, and there is sure to be plenty of fields put up for grass seed besides, above the average quantity of sniping.l i t ■ Wheat is offering pretty freely, but sales are not plentiful. Hunters, however, is more in demand among local buyers, and may now be quoted equal in price to tuscan and pearl, which we quote at 3s 4d; second quality average from Id to 2d less, Chicken wheat is in better demand at 2s 8d to 2s 9d.

Oats Milling have been quitted during the week at Is lOd, and short heavy feed at Is 8d to Is 9d, with a quiet trade enquiry; danish and other long descriptions are chiefly confined to local orders at Is 6d to Is 7d.

Barley—No quotations to note. Beans and Peas—The former have "been nearly all shipped, and peas have only a moderate enquiry for seed purposes at 3s. Ryegrass No business is being done, holders having no option than holding their stocks over until autumn, The same remark applies to cocksfoot which, however, is only held in very small quantities.

Potatoes—lntercolonial orders are being executed alj 13s to 15s at country stations. Sellers are still more plentiful than buyers. ' Dairy Produce—The butter market is still glutted, there being no export demand. Prices are nominally 1 3d to sd.' Cheese is;also dull and*-hard to quit at over 3d for prime lines. The above prices are those paid to farmers and delivered f.o.b. Lyttelton, sacks extra. OHRISTOHURCH STOCK MARKETS. At the Addington yarJs on Wednesday fairly good entries of all classes of stock wen yarded, and about an average attendance of those interested, Fat Cattle—A moderate entry, principally medium quality anJ weights ; a few fairly heavy bullocks offering. Poor demand, and late valued gave way about 10s per head. A line of good bullocks from the Longbeach estate sold at from £6 17s 6d to £9 10s per head, and were good weights for the money. A line of 14 steers and heifers from South Canterbury were very choice, handy weights. Steers sold at from £5 to £9 10s; heifers, from £4 to £6 15s per head,, being from 17s to 20s per 1001 b, according to quality.— Messrs Matson and Co. sold for Mr A, Grant, 9 head cattle, £4 Is to £6 per head. Messrs Bennetts Bros, sold for Mr J. M. Greenaway, 9 steers at from £6 to £6 10s per head, 5 heifers £6'2s 6d to £6 15s. Store Cattle—A fairly good entry, Three-year-old bullocks Bold at from £4 to £4 12s 6 i ; lines of very forward steers fetched £5 6s 6d and £5 7s 6d per head ; store cows fetched from £2 12s 6d to £4 per head. Sheep - A moderate entry only.; quality and demand good. Orbssbreds in the wool sold at from 12s 6d to 15s per head ; ditto shorn wethers, from 8s 3d to 12s ; ewes, 6s to 9 s 9d ; merino wethers, 9s 6dto lis 3d ; being up to 3d per lb for sheep in the wool, and for shorn sheep from lfd/to .2£iJ per lb, according to quality.. Messrs Miles and Co sold for the Levels Estate 132 crossbred ewes 8s 9d to 9s; for Mr E. H, Templer, 60 crossbred wethers, 7s 9d. to Bs. The N.Z.L, and M.A. Co. sold for Mr A. M, Clark, 92 crossbred wethers, 13s 6d to 14s; cull pen, 12s 9d. Storo Sheep—A good entry, all kinds of sheep being on offer. Demand showed a falling off from last sale, and not a few lots were wilb/irawn from sale.

Fat Lnmbs—Not such a entry as at recent markets; demand fairly good. Best sorts Bold at from 7s to 8s 9d ; middling, 5s to 6s. Veal Calves—A entry. Prices very low ; good sorts, 12s to 16s; middling and inferior, 6s to 8s each. Pigs—A moderate entry. D.-mand fairly good ; late valuta ruling. Porkers,' 16s to 27s ; stores, 10s 6t* to 15s. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Tu suav .• — Wheat—Millers. luVf shown a greater desire to purchase choice lines, hut of this! quality there is not much 1. ft in tin--tianils of growers. Large parcels Imve been offered from the North, but as they show moreior less s'prout, it is difficult to (Id business beyond fowl feed price. Prime velvet and fine tuscan havf met mosit inquiry, and sales have been made at 3< 7ii to 3< yd, one extra fine, loi of 1200 t>acks 3s 10 .; medium 'milling Kld'v of. .B'We at 3s 5d to 3s 6d ; inf.nor and chick feed, 2s 10. to 35'3,1.

6»ts —A few small eaies have been made both fir sbipment and ig local millers, but business is not at'all ucuve. Kxira heavy, Is 8d to Is tij>' ; meiMum to prime f'ee.i (bright), 'ls 7'i t«. Is inferior (very du'i), at Is 6 I to Is 6£l.

Barley—A few sales'passing in rnillingtat 38 6d, and feed at 3«. Malting, nothing doing.

Potatoes —Some small orders have been executed for shipment and helped, to clear off stocks. Locally nothing doirig, as new kidneys are offering freely; any sales of Demerits tbat have been made are at 22s 6d to 30s'per'ton. Ryegrass Seen—Nothing doing,' and business is, likely to remain dull until autumn.

Chaff— Prime oaten sells at 42s 6d to 50s; medium, 40s; inferior, 30s to 35s per ton.

Sheepskins—At Monday's sale bidding was very slack, and prices, taking (he Bale all over, were 3d to 6d ;dowa. Dry crossbreds sold at Is Id to 4s9d, extra to 5s 4d ; green crosßbreds, : 3s to 4s lid ; dry merinos, 2s 4d to 4s 4d ; green merinos, 3s to 4e 7d ; pelts, 2d to .9d ; lambskins, 8d to Is,ld.' Hides—Market improving,, and slight rise in prices, values ranging from 3d to for best parcels ; light iu-. feribr. to 2§d ; groen hides, 13s 6d ta 20s 6d.

Tallow—-The market is barely stocked with medium qualities, prime being very scarce. A few lines h»ve changed hand? at for medium, £l3 10s to £ls 10s ; inferior, £ll 10s to £l2 15s. Rough fat is wanted at 7s 6d to 9s for medium. . DUNEDIN STOCK MARKETS. , At the. Burnside Yards on luesday the following business was transacted : Fat Cattle—ls 6 were yarded ; the greater part were usefral to prime quality, and bidding was slack. Prices showed a reduction of 20s a head on those ruling at last week's sale. Bullocks sold at £5,2s 6d to £8 12s 6d, two extra prime at, £9 ss; cow's, £3 2s g'd' to £6 5» Messrs Wright, Stephenson and Co; soli for Mr. James Guild (Trevenna) 12 bullocks at from £7 12? 6d to £6 17s 6d.

. Pat bheep—The market wns supplied with 300 merino wethers of fair quality and 2144 crossbreds, rather ever holt being fresh from the shears. Prices fell from Is to 2s a head on wool sheep, and fully Is on shorn. ~Crossbred wethers in wool sold at 10s 6d to 14s 9d, one pen extra 13s 6d ; crossbred enes in wool, 10s to 14s ; shorn crossbred wethers, 7s 6d to lis 6d ; do ewes, 68 9d to 12s ; merino wethers in wool, 7s to 10s; shorn merino wethers, 4s 6d, —Messrs Wright, Stephenson and Co. sold for Mr P. M. Hickman (Waimale), 40 prime, crossbred ewes (heav.y weights, [shorn) at 10s 6d ; for N.Z. and A.L. Co. (Pareora Estate), 235 (time halfbred ewes (shorn) at from. 9s Qd to 8s 31. Messrs Keid, Maclean and Co. soli for Waimate Estate, 33 crossbred ewe» (shorn) at 9s 9d.

Fat Lambs ranged about same as last week—ss 9d to 10s for extra prime. Messrs Wright, Stephenson and Co. sold (or Mr P. M. Rickman (Waimate), 3© at. from 8s 6d to 7s 6d. Messrs Raid, Maclean and Co. sold for Waimate Estate, 44 at 6s. Pigs—Messrs Wright, Stephenson, and Co. sold sold 52 well-bred and well-grown stores at from 24s to 30s, and 4 breeding sow 9 at from 38s to 425. AUSTRALIAN MARKETS. Melbourne, Nov. 23. Messrs Goldsborough and Co held their usual weekly wool sale this afternoon. The attendance was large and competition was brisk, prices ranging from 6|d tolled for greasy anrt Is to Is for scoured wools, All light conditioned merinos have met with good demand. Noy. 24. At the New Zealand Loan and Mercantile Company's usual, vyeekly sales to-day a catalogue comprising 4650 bales was submitted to auction, of which number 8930 were sold. There were no alterations in the prices realised. Good light conditioned wools were very firm. Greasy merino realised as much as llfd ; crossbreds, 15d ; scoured, lof-d. ENGLISH MARKETS. London, Nov. 22. New Zealand wheat, in store, is quoted at 32s to 33s 6d, according to quality. Scotch pig iron, f.o.b. Clyde, has advanced from 41s to 42h per ton.

The fifth series of colonial wool auctions was opened to-day in the presence of a large attendance of Home and Foreign buyers. An animated demand was manifested for the various lots offered. The number of bains catalogued was 9000, the prices realised being equal to the closing rates or the last series. Messrs' Charles Balma nod Co., and Messrs Schwarz, Heimuth and Co. report there was a frill'attendance, anil bidding, was sustained with spirii, the new.! clip. being keenly competed f;>r. Merinos are at par to AI: lowr; crns*.breds are firm ; Cape wool is to Id lower i.han closing rates of .last sales, For'this series 100,000 bales are' available. ~ * .. ..''. ,N,uv, 23, The wool .cargoes, by,'"". Uoine, ■OamarUi AuHr.aias.i»:i, Ilobbuek, Port Ptrju, Jumna, Kml, I »nic, and; Lusnaniaj have been imjlujt'd -in wool Kales,, but the , cargo,-s by the Yarra and Dcepdale have ihem. ; . , .;.,;.,

'' '■At to-fiav'rf wool sales .11.400 bales wcrj> eatalogu-d, the. . market ;bciug steady. Bmwlsluffa -Bti'i, tallow are unchanged;