COMMERCIAL.

Temuka Leader, Issue 1680, 31 December 1887, Page 4

COMMERCIAL.

OHRISTCHTOOH CORN EXCHANGE. Ths Corn Exchange reports for the week ending Friday evening, the 30th init. ;—. Favorable weather for farming still continue! and the work of hay gathering is being fast completed, crops of which •re reported heavy and well-saved. Grain crops are healthy and give promise at present of giving a fair average rettrn as tar as regards yields, the h»rvest, however, will be later by some 10 days to a fortnight, The market for all cereals is langnii, and it will be with difficulty that a clearance can be made before the new grain is to hand, This, as regards wheat, will chiefly be owing to the difficulty in obtaining freights to London, wfcich are still scarce and range from 25s to 30s.

;Wh«*t—Millers have been operating to a limited extent in pearl and-hunters at a price equal to 3s 3d f.0.b., but tuscan does not command more than 3a id to 8s 2d for shipment; second quality is weak at 2s lid to 3s, and chicken wheat is slow of sale at 2s 6d to 2s 8d for broken, and 2s 9d for whole.

Oats—Looal buyers are still purchasing at their own prices, viz., Is 8d to Is B|d for good short feed and Is 6d to Is 7d, long descriptions; milling are Very quiet, and when wanted command ls9d tolslOd.

Barley-~None offering, Orass beed There are now several buyers in the market for farmers' lines, but the prices offering do not tend to business. We, however, do not (in the face ot the large stocks of old seed on hand) see much chance of better priceß tor.some time to come. Present prices range from Is 9d to 2s 6d for medium seed; and op to 2s 9d for well dressed parcels, machine dressed has no market at present. Cocksfoot is now in small compass and is quoted at 4d to 4£d for the best seed. The advices from the Peninsula report a late harvest, good prospects of yield, but a gosd deal mixed with foreign seeds. Dairy Produce Butter has been slightly better in demand, and may now be quoted at 5d for prime tub, second qua ity almost unsaleable, Cheese is very quiet and quality very irregular; values vary from to 4d. The above prices are those paid to farmers and delivered f.o.b, Lyttelton, sacks «ntra.

OHRISTCHUitOH STOCK MARKETS. At the Addington yards, en Wednesday very meagre entries of stock came forward. ; Business throughout, with one exception; was very dull, Fat Cattle—A small number yarded, and bat little inclination shown to buy, the greater part being passed unsold. Messrs Matson and Co. sold a line of 12 prime'steers for Messrs Fleming and Medley at £6 15s per head, A few odd lines or fat cons and heifers realised from £4 to £4 17b 6d per head. ;' Dairy: an improved inquiry shown," the best finding buyers at ; from £& 10a to £6 12s 6d per head.

v Fat Sheep—-A small entry, a few pens of good quality being on offer, the remainder crorsbred ewes of various degrees of quality. Crossbred wethers fold at from 10s 3d to lis 9d ; maiden ewe?, 8s 3d to 9a. 9d ; lighter weight wethers, 7s $i to 8i ; and ewes of mixed ages, from 4s 6d to 7s 3d, values per lb ranging at from ]£d U 2d per lb as per quality.—Mr F. C. Ta part sold, on account of the Levels estate, crossbred Store Sheep—A line of four and sixtooth crossbred ewes fetched 5s 6d ; a line of inferior two-tooths, 3s 8d ; and a line of aged ewes .and lambs 3s 6d, all counted.

Fat Lambs—For the best sorts 5s 6d to 6s was paid ; inferior to medium sorts, 3s 6d to 5s each.

Pigs—A small entry. Values show little or no alteration.

DtJNEDIN PRODUCE MARKETS. The following is the report for the Week ending Wednesday :—,

Wheat—-Some nice lines of choice milling sorts have been on offer, bat millers are cautious in operating for anything like a big line, preferring to buy from band to mouth, as their reqnirements. are simply for this quality, and having largo parcels medium milling on hand only'buy for mixing purposes. Other qualities are plentiful and very dull of sale; Quotations:—Fine quality, 3s 9d, one small lot making 3s 10d ; medium, 3»6d to 3a 7|d.;. inferior milling, 3s Id to. 8s 4d ; fowl wheat, 2s 7d to 2s lid; Oats—There have been a few small arrivals, but very little inquiry. Milling ,(.witha dull sale), Is 7£d to Is 8d ; best feed, Is 7d. to Is down to inferior, Is 6d to Is 3d. Barley—-Nothing doing. '■'; - ( Ryegrass Seed—. Very quiet, although inqniries have been made for shipment. Potatoes—New kidneys are selling at £5 10s"! to £6 lOb per ton in email quantities; : Chaff— We quote best, 455; medium, 40s; inferior (a most unsaleable), 30e,

Sheepskins—On Monday green pelts sold at 7d to Is 2d ; green crossbreds, 3s lid to 5s 6d ; green merinioe, 3s to 4s 5d ; dry croaebreds, la to 5s Id ; dry merinos, lOd to 4s 7d ; lambskins, Is 4d to Is lldi '

Tallow—Some small lines of finecolorod rendered mutton have been taken op at £l6 to £l7 15r; and for well-rendered mixed, £ls U £lss; inferior sella at £l2 to £l3 ; rough fat ia better competed for, and fetches 7s 6d 10 111 6d per cvri, according to quality.