COMMERCIAL.

Temuka Leader, Issue 1724, 14 April 1888, Page 4

COMMERCIAL.

CHRISTOHWROH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 13(b inst.:— A steady business has been got through. The London markets do not induce shipments, and with the scarcity of freight the greater bulk of wheat coming forward is going into store largely o> growers’ account. Sacks are still scarce, which, no doubt, is the cause of bo few oats offering, but as shipments are expected at an early date, we do not expect any further rise.

Wheat Prime tuscan is being placed at 2s B£d to 2s 9d; pearl and hunters at 2a 7d to 2s 8d; second quality is rather dull at 2s 6d to 2s 7d; chicken wheat is more plenti* fal at 2s 2d to 2s 3d.

Oati are offering very slow, and prices are firmer than last week, Is 9d being easily obtainable for milling, and Is 7id to Is 8d for short feed, and Is 7d for inferior kinds.

Barley The tone of the Market still keeps up, and last week's quotations of 4s 2d to 4s 4d are firmly maintained; second amality, however, is not sought after so freely, and 3s 9d to 4s is not so easily obtained. Beans—2s 6d to 2» 7d for good dry samples. Peas—2b 8d to 2s 4d for feed, and 2s 6d to 2s 9d for prussian blues. Grass Seed—No business has yet been done. Machine dressed is being quoted at 2s 9d and farmers* parcels are difficult to quit at 2s; cocksfoot is quiet at 3d to 3£d> and inferior sorts range from 2d to 2|d. Potatoes—Several lines have been sold at 23s to 25s forward delivery, say May. Growers, however, want an advance on the these values at country stations. Dairy Produce—We have no improvement to note in either butter or cheese, values being on a level of last week.

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

CHRISTOHUECH STOCK MARKETS.

At the Addington Yards on Wednesday the yards were again full. Fat Cattle—A full entry. The quality on the whole was not first-rate, and the demand was poor. Values, if anything, lower than last week. Steers sold at from £4 }si to £6 15s; heifers and fat cows at from £9 10s to £5 2s 6d, being up to about 16s 6d per 1001 b. Dairy Cattle A good number offering, but not a very active inquiryGood cows on the point of calving are worth from £6 to £6, second-rate sorts £4 to £5.

Fat Sheep—Another full market, the quality being mixed, but in the main good sheep predominated. The best of the crossbred wethers sold at from 8s 9d to 10s 4d, and the latter figure was refused for a pen of wethers. Maiden ewes and wethers sold at from 7s 6d to 8s 3d, and a very good line of ewes reached 9s; ordinary lines, of mixed ages, ranged from 5s 4d to 6s 2d, there being no alteration in the pfice per lb, say still from l£d to lfd, as per quality.

Fat Lambs—A moderate number offering. Lambs in their wool sold at from 5s to 7s 6d, and shorn lambs up to 5s per head. Pigs—Only a moderate entry; late Tables were well sustained. Porkers sold at from 20s to3ls; heavy weights up to 87s; stores, 5s to 14s fed. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat Business in the local market has assumed a more settled aspect, and samples of all qualities are offerinf freely. Best sorts well harvested are in most demand; and, although in some instances sales have been made at a shade under last week’s quotations, taking the market for the past week prices for prime quality are well upheld. Medium milling is not much wanted, and is perhaps a little easier, while fowls’ wheat is scarce and firmer in price. Prime milling may be quoted at 3s 2d to 8s 3d, an extra line fetching 8s 3|d; medium, 3s to 3s Id; inferior, 2s lOd to 2s lid; fowls’ wheat, 2s 6d to 2s 9d; seconds, 2s to 2s Bd. Oats—There is a good steady demand for both North and fcouth. In quality samples to hand are far below those offered at a corresponding period at last year. This is probably due to the anxiety on growers’ part to thresh from stock, instead of stacking, which is the safest way to ensure good grain. Really prime milling, Is B|d to Is 9d; bright feed, Is 7£d to Is 8d; medium do, Is 7d; danish sells freely at Is 7|d to Is Bd. Barley—Maltsters are still buyers of prime quality, but are shy at giving high prices excepting for a very special lot. Medium malting is more plentiful, but moves off; feed and milling both scarce. Malting, 4s 4d to 4s 6d; medium, 3s lid to 4s Id; milling, 3s 9d; feed, 2s 9d to 3s 3d. Potatoes Prices have hardened. Prime Derwents, 45s to 50s per ton. Ryegrass Seed—Some small sales have been made for autumn sowing, but for export there is nothing doing. Chaff—Oaten well cut and in prime condition is wanted, and sells readily at 60s to 55s per ton; other qualities are dull at 40s. Bags returnable to grower.

Hay—Oaten (hydraulic pressed in bales), 60s; clover and ryegrass (hydraulic pressed in bales), 60s. Butter—Fresh, 6d to 6£d and 7d; salt do, G£d and 6d; kegs extra. Cheese—Best Akaroa, 3id to 4d; loaves, 4^d; Brighton, Bid per lb. Honey—ln casks, run3|d, to 4d for prime extracted; cloyer, 4|d in tins. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—3ol were yarded. Bidding was quiet, and prices low. Bullocks sold at £3 10s to £7 10s for extra prime; cows, £2 10a to £5 12s 6d.—Messrs Donald Eeid and Co. sold for Messrs M’Goverin and Hardie (The Hook), 7 bullocks at £5 10s.— Messrs Wright, Stephenson, and Co. sold for the same vendors 7 steers at from £4 10s to to £5 10s, and Messrs Eeid, Maclean and Co. 7 at from £5 7s 6d to £slss. Fat Sheep—The supply consisted of 400 merinos of medium quality, and 2880 crossbreds. The greater part were ewes. Crossbred wethers sold at 7s to 10s 3d; crossbred ewes, 4s 3d to 10s 3d; merino wethers, 4s to 7s, for extra prime.—Messrs Donald Eeid and Co. sold for Mr William Grant (Blloughton Grange), 62 crossbred ewes at 9s.—Messrs Wright, Stephenson and Co.' sold for Mr Thomas Mitchell (Washdyke), 199 crossbred ewes at from 6s 6d to 7s 6d; for Messrs Bruce and M’Laren (St. Andrew's), 34 maiden halfbred ewes at 8s 6d, and 26 crossbred ewes at 8s 3d.

Fat Lambs—The supply forward proved beyond trade requirements. Prices were consequently easier, best selling at 5s 6d to 7s 6d for very prime, others, 3s to 5s 3d.—Messrs Wright, Stephenson and Co, sold for Mr Thos. Mitchell (Washdyke), 62 at from 7s 3d to 7 s 9d. Pigs—Light-weight bacon pigs sold from 30s to 395; and suckers at from 6s to 9s 6d. AUSTRALIAN MARKETS. Sydney, April 11. New Zealand potatoes, 60s to 655; Warrnambool potatoes, 50s to 555. Onions, 70s. Peed oats, 2s 3d to 2s 4d; seed oats, 2s to 2s Bd. Bran, 8d to B£d. Pollard, 9|d. Cape barley, 3s English barley, 4s 9d. Butter is steady at 8d to lOd. Cheese, 3d to 4d; loaf size sd. Bacon, 9d to 9£d; hams, Is to Is o£d. Maize, new crops, 2s 5d to 2s 6d. Fowl wheat, 2s 7d to 2s 9d. April 12. At the auction sales to-day kauri flooring brought 18s, hewn logs 9s, flitches 12s 3d. Melbourne, April 12. Breadstuffs are easier. Q-ood wheat, 3s sd; medium, 3s. Plour, rollermade, is £8 15s. Oats are 2a lid. Barley, malting, 5s 2d. Maize is quiet. Bran is lid. Sugars, £2O to £2l. Adelaide, April 12. Nothing is doing in breadstuffs, and prices are unchanged since last quotations. Brisbane, April 12, New Zealand cheese, factory made, is 7d to 7£d. Some prime lots recently forced on the market were sold at a heavy loss. ENGLISH MARKETS. London, April 10. At the wool sales prices were fully maintained, and there is a brisk competition. At the wool sales to-day 13,000 bales were catalogued, and there were only small withdrawals. Merinos are improving in price, but inferior and faulty sorts are irregular. Crossbreds are generally week. April 11. At the wool sales to-day 23,000 bales were sold.

The New Zealand Loan and Mercantile Agency Company, Limited, hare receired the following cable message from London, dated April 10th 1888 : Wool—The sales progress .firmly, but since the close of last sales faulty scoured has declined |d per lb. Up to date 40,000 bales have been sold. Private cable advices from London state that the wheat market is dull. Californian cargoes are quoted at 32s 6d off coast.