COMMERCIAL.

Temuka Leader, Issue 1715, 24 March 1888, Page 4

COMMERCIAL.

OHEISTOHWRCH CORN EXCHANGE

The Corn Exchange reports for the week ending Friday evening, the 23rd inst. :

A considerable amount of business has been transacted during the week, especially in wheat. The arrival of the first grain vessel (the Blonfeild) has no doubt been to a slight degree the reason, the charterer wishing to load here direct from the country, thus saving the extra charges of receiving into store. Large quantities, however, are still going into store on growers’ account, and storage in consequence is becoming scarce. This with the fact of there being almost a total absence of tonnage is more than likely to cause a drooping tendency in the near future, No intercolonial orders of any consequence have yet been received, and they are not anticipated for some lime to come. Large quantities are still reported to be lying under the straw, which, to say the least, is a dangerous practice. Grain still maintains the superior quality noted in our earlier reports. Wheat—Large sales are reported at prices equal to 2s 9d for tuscan and pearl, and 2s 8d for hunters. These are for prime lines only. Second quality is rather shunned by buyers, and 2s fid is the best price offering. Chicken wheat is wanted at 2s to 2s Bd, Oats But few lines are on the marke,t and those offering command attention at Is to Is for good short feed ; tartars, fit for seed, are in request at Is 7d ; milling are scarce at Is Bd ; duns, at Is fid to Is 7^d. Barley—The masters lake all prime ma ting at full rates, and the quantities off ring is not large. Last week’s quotations of 4s 2d to 4s 4d for prime •re fully maintained. Second quality ranges from Ss fid to 8s lOd, Beaus and Peas are being quitted in small lines at 2s 4d to 2s fid, and feed t eas at 2« 2d to 2s 3d, only limited business being done. Ur«ss tSeed—rThere has been a slight disposition to do business, but there being so little farmers’ parcels on offer business has been but small, 2s to 2s 3d for farmers decent dressed lines is still obtainable, and machine-dressed is quoted at 2s 9d to 3s, Cocksfoot—ln the absence of tonnage to London this market is extremey weak, 3£d being the outside limit ior prim*' tu-aVy seed | inieri*'r, to Potatoes —A lew small lines of kidneys have been passed off at £2 to £2 5s at pt untry stations.

Hairy Produce The market for butter aud cheese is exceptionally low, the values lor these lines being lower than have ruled for many years. Buttei quotations, 4d to sd, with a feeble demaud, whil fl cbeese can scarcely be quitted at to fld, CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday, there were large entries of all classes of stock. fat Cattle—A very heavy entry, quality varied, Talues ruledjlow, say at about last week’s pricse, lower if anything. Steers sold at from £5 2s fid do £7 ;

heifsrs nnd fat cow*, from £3 5s to £6 10-*, being at frun 15a fo 17a 6d per 1001 b, according to quality.—Messrs Miles and Co. sold for a South Canterbury client, 6 head cows, a 1 £5 15s, Fat Sheep—A large entry. Crossbred wethers sold at from 8a to 9a 61, and exceptionally superior lino of crossbreds being pasted in at Us Sd ; crossbred ewes realised from 5s to 8a 8 i ; merino wethers, from 3s 4d to 6s 4d, being at from IJd to l|d per lb, according to quality.—Mr F. C. Tabart sold for Mr J. Douglas, Waimate, 134 crossbreds at 7a to 7s 4d. F«t Lamba—A large entry, demand fairly good. Beit sorts sold at from 6a to 7s 9d ; others, 3a to 5a 6d. Pigs—A moderate entry ; demand very good ; late values maintained.

DUNEDIN PRODUCE MARKETS. The following is the report for' the week ending Wednesday ; Wheat—The millers are only buying trom hand to month, business consequently ia restricted to the sale of small lota for prompt delivery, Present quotations are nominally 3s 3d to 3s 4d for very beat samples, and 3s to 3a 2d for ordinary. Oats—At present owing to the lack of supplies there ia almost nothing doing. Prime milling may be quoted at from la 8d to la Bjd, and good short fued ut Is 7'i to Is Bd.

Barley—Local business is confined to the sale* of small parens to the brewers at from 4s to 4s 3d for prime bright mellow samples. Ryegrass—Quotations are now nominal. Large lots are offering, but buyers are few.

Cocksfoot—A fair demand exists for this seed, while price are also somewhat easier. Large parcels prime heavy seed, 3|d to 4d. Chaff may be quoted at for well cut and screened, 57s 6d ; o>dinary, 45a to 52s 6d.

Potatoes—These continue tocomo in in excess of market requirements, and prices do not improve in onsequence. Great damage ia reported to h .vo been done by frosts to the crop, which should, if true, enhance values eru long; meantim* we quote 42s 6d to 555.

Sheepskins —On Monday butchers’ green skins (crossbreds) sold at from 181 10 2s 4d ; merinos, ar, from 12d to 21 d; lambskins, at from Isd to 2s 61; country skins, at from 8d to 3s lOd, Hides—The present range of prices for sound hides is from 3d to 4£d per lb, extra heavies in prime condition a shade more.

Tallow—The market continues very firm at late quotations. All lota coming forward find ready sale.

DUNEDIN STOCK MARKETS.

At the Burnside Yards on Wednesday the following business was transacted :

Eat Cattle—Only 153 head yarded. Best bullocks brought from £7 10s to £9 ; medium, £5 10- to £6 15s; and inferior, £4 to £5 Best cows, from £5 to £6 10s ; medium, £3 10s to £4 10s; inferior, £2 to £3. Fat Sheep—2sos penned, all crossbreds excepting 140 very prime merino wethers from the Cr>silerock estate. Best crossbred wethers brought from 9s to 10s (one specie! lot 10s fid); medium, 7s to 8a 6d ; best crossbred ewes, 8s to 9s; medium, 6s fid to 7a fid. Wright, Stephenson, and Co. sold for Mr John Douglas (Waihoa Downs), 128 crossbred *wes at from 7s 3d to 7s 9cl. Reid, Maclean, and Co. sold for Waimate estate, 128 halfbred wethers from 8s Sd to 8s fid ; for Mr G. G. Russell (Otipua), 60 crossbred ewes at 7s 6d.

Eat Lambs—6Bl penned. A fair demand was experienced, but prices were scarcely equal to those current last week. Prices ranged from 4a to 7s. Pigs—ls 9 penned, including somo good lines of bacooers. There was an excellent demand for all descriptions, and last week’s quotations were well maintained. Best heavy-weights sold at from 60s to 70s; ordinary baconers, at from 35s to 50s ; porkers, at from 26s to 345; stores, at from 18s to 275; and suckers, at 15s.

SUGAR MARKET,

Auckland, March 21

The Colonial Sugar Company have reduced the prices of Nos. 1 and 2 sugars 20s per ton.

AUSTRALIAN MARKETS

Sydney. March 22. ( New Zealand potatoes, 65s to 70s. Onions, 60s to 65'. New maize, 2n to 2a 2d. Oats-r-Bright feed. 2s to 2s 3d ; milling, 2s 3d. New Zealand bran, Gfd to 7d ; pollard, j Bd. » Ohickwheat, 2s to 2s BJ. Poas, 3s 6). Best butter, 9d to 10d. Cheese (plentiful), loaf, 4|d <o 5 i. Hams (New Zealand), Is to Js 8d ; bacon, 9£d. ENGLISH MARKETS. London, March 21. New Zealxnd 5 pi t cen's. are at £lO5 10s. Inscribed stuck is £lO3 14s. Meat is firm and uriv nomg. Flour and off coast wheat show DO change. Leather, lOd to IGJd. The New Zealand Loan and Mercantile Agency Company, Limited, hays received the following cable message from London, dated March 21tl 1888, reheat The market is quiet, Naw Z aland average is worth 32r 6d per 496 b, She quotali m for the New Zealand new hrop f.a.q,, c,i,f M to arrive, is nominally 30s 6d, New Zealand Hemp The market is weak. Medium quality is worth £2B 10s per (on.