COMMERCIAL.

Temuka Leader, Issue 1683, 7 January 1888, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The Corn Exchange reports for' the week ending Friday evening, the 6th insi.

The hot nor’-west weather that has prevailed during part of the .week has not been favorable to crops. In the northerndistricts oats arebeing cut, and with a continuance of warm weather this crop will be ready sooner than anticipated. The hay harvest has been secured in grand condition, and. there should be no dearth of ■ really' good hay this season. Not only was the crop good but the weather was favor-' able. Dairy produce .will, be largely, exported by the outgoing London steamers, and we are glad to notice that our anticipations as to a favorable outlet for butter are confirmed by recent advices. It is to be hoped that none but really prime will be sent away, so that Canterbury butter arid cheese may make riiaines for theiriselves, similar to that already attaching to our frozen meat, \ Wheat—Although English advices, report increased value freights are too high, to. induce. shipments.,., A fair Interprovincial trade:is passing rat late quotations, say, prime millirig, 3s 2d to 3s 3d ; ; second quality,: 2s lid to 3s; chicken wheat, broken, 2s 7d to 2s 8d ; whole, 2s 9d to 2s KM.

• Oats —Prices rule : 'in ■ favor of buyers, A fair inquiry is noticeable. The prospect of new o'ats being shortly placed on' tbs market, however, prevents any. upward tendency. Quotations : Milling, Is 9d to Is 10d ; heavy short feed, Is Sd to Is Sid; inferior:sorts, Is 6d to Is 7d.

. Grass Seed—Rye: No business has transpired, buyers declining to give prices asked by holders. The season has hardly advanced enough for reliable quotations to be given for new sheds. 'Cocksfoot : '' Until samples; of the new crop are on the market it is impossible to;:fix rates.. No old stocks will bu carried forward. Dairy Produce—Butter is worth 5d to 6d for really prime, second quality nominal. Cheese, according to quality, ranges from 3d to 4d. The above prices are those paid to farmers and delivered f.o.b, Lyttelton, sacks extra; \ ’

CHRISTCHURCH STOCK MARKETS;

At thelAddinefton yards ou Wednesday there "were fairly large entries of stock and an average attendance of buyers. Fat Cattle —An average entry, mainly suitable medium weights of good quality. Prices remained about the same as last week. Steers sold at from £5 2s 6d to £7 per head, heifers from £4 2s 6d to £6 ss, being from 16s to 18s 6d per 1001 b as per quality. Store Cattle—-A line of three-year-old heifers sold at £B 7s 6d; two-and-a-half-year-olds at £2 15s; two-year-old heifers at 35s 6d; mixed yearlings, at 275.

Fat Sheep—A fairly numerous entry, quality, varied, some goo.d crossbred wethers being on offer. 'No demand for export. Crossbred wethers sold at from 8s 6d to ~los Bd-j ditto ewes, 6s to Bs, being at from lid to a shade under : 2d per lb, according to quality. . , Fat Lambs—The best sorts* sold at from 8s to 10s each; inferior and medium, 6s to 7s each. Pigs—A very small entry, and values were slightly. higher. Porkers sold up to 26s per head ; stores from jU.s to 18s Od.