COMMERCIAL.

Temuka Leader, Issue 1689, 21 January 1888, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 20th inst. : , . -

Old stocks of wheat are now being placed on the market in considerable quantities, but, finding no buyers, holders are arranging for shipping to London on their own account. Freights have hardened during the week and space can be obtained in very limited quantities. The oat harvest is becoming general and the early sown barley has also engaged attention. Wheat will not be ready ferliarvesting in large , quantities for a few days, although several of the earlier districts have already numerous paddocks in stobk. The general reports from country districts are favorable to growers and should favorable weather continue we may expect grain of good quality. Wheat Several shipments have been made to London which greatly helps to clear our market and local millers have been more inclined to operate at the slightly lower rates that have been ruling during the week. Pearl and hunters find buyers for lines at 8s 2d, and tuscan at 3s Id; second quality is very quiet at 3s, and whole chicken wheat commands 2s lOd to 2s lid, broken 2s 6d to 2s Bd. Oats—A few sales have transpired at la 8d for good short feed. Milling are very scarce, and are worth Is lOd. Inferior descriptions are dull at Is 6d. Eyegrass Seed—Yery few sales have transpired. Holders are expecting an advance in the autumn, but buyers, owing to large stocks held from last year, are tardy about operating. Prices remain at Is 9d to 2s 6d for farmers lots.

Cocksfoot—No new seed is yet offering. It is expected that there will be a fair average yield, and there will be a fairly satisfactory speculation. .

Dairy Produce—Both butter and cheese have been largely shipped to London in steamers, but there is still considerable quantities offering locally, little business, however, eventuates. Butter (prime) is quoted at sd, and chee?e from 3d to S^d*

The above prices are those paid to farmers and delivered £o.b. Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS,

At the Addington yards on Wednes- | day large entries of all kinds of stock yarded. Eat Cattle—Upwards of 200 head yarded; quality and weights varied. Values suffered a reduction. Steers sold at from £5 2s 6d to £6 15s; heifers, from £3 15s to £6 ss; tat cows, from £3 5s to £4 10s; being at from 15s to 17s for best quality, and 14s per 1001 b inferior. Messrs Miles and Co. sold for the Levels Estate, 4 polled Angus heifers at £6 ss, 4 ditto at £6,

Dairy Cattle—Very superior.young cows sold at from £5 12s 6d to £7 ss, medium sorts £3 to £4.

Veal Calves —Prices ranged at from 11s to 17s for superior calves, 5s to 8s 6d for medium sorts.

Pat Sheep—A large entry of all descriptions of quality. Crossbred wethers sold at from 6s 8d to 9s 4d ; crossbred ewes, superior, 6s 9d to 9s 3d; inferior, 4s 6d to 5s 3d; merino wethers, 3s lid to 5s Id ; a reduction of about Is. per head compared with late markets, being at from lid to lid per lb, according to quality. Pat Lambs —Demand fairly active, the best sorts selling well at 7s 3d to 9s 6q; medium, 4s 6d to 6s 3d.

DUNEDIN Pj-tODUCB MARKETS

The following is the report for the week ending Wednesday Wheat—The past week has been a quiet one. The market is weaker and pricps lower. Inquiries are small and then only for extra prime, in small parcels at reduced rates. Medium milling and fowls’ wheat is in over supply, and but little or no demand. Pending the delivery of the new crop, which, weather permitting, will be quite as early as in previous seasons, especially in North Otago, the business cone will be extremely small. Piime milling velvet and tuscan, 3s 7d to 3s 8d; medium to good, 3s 3s to 3s 6d, nominal; inferior and fowls’ wheat, 2s 6d to 3s (ex store). Oats—These continue in moderate request) especially stout bright sorts, these being the only descriptions suitable for the Australian market. Other kinds are saleable for local requirements in small lots. Quotations; Por bright stout milling, Is 8d to Is B£d; short bright feed, Is 7jd to Is 8d; danish and short medium, Is 7d' to la 7|d; inferior to medium, Is 5d to Is 6d (ex store). Barley— Nothing doing. Grass Seeds—There is no improvement of any sort apparent.

Sheepskins —On Monday country dry crossbreds, low to medium, brought Is to 3s • do do merino, lid to 2s Gd; medium to full-woolled crossbreds, 3s Gd.to 5s ; do do merino, 3s 3d to 4s 3d; dry pelts, 2|d to 9d ; butchers’ green p< Its, lOd to 13d; lambskins, Is 7d to Is lOd. Hides —We quote inferior and bulls’, Hdto 2d; light, 2*d to 2fd; medium, 3d to 3£d; prime and over 601 b, a shade more. Tallow medium to good, 14s 6d to 16s 6d; prime mutton, 17s to 18s ; rough fat, inferior, Gs to 7s Gd ; medium to good, 8s to 10s ; best criul fat (fresh), 10s Gd to 11s per ewt.