COMMERCIAL.

Temuka Leader, Issue 1736, 12 May 1888, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.

The Corn Exchange reports for the vreok ending Friday evening, the 11 lb inst, :

Deliveries have shown a slight falling off, stores being nearly full. The exports have been limited owing chiefly to the scarcity of tonnage. Sacks have been very difficult to obtain, up to 7s 6d per doz. being freely paid in Lyttelton for the large sizes. Wheat—Rather more business has been done in tuscan and pearl at 2s 7|d to 2s B|d, the former being taken for Home shipments, and pearl being wanted locally for millers. Hunters is very dull and hard to quit at 2s 6d to 2s 7d. Whole chick wheat has been fairly well cleared at 2s 3d, and broken at Is lOd to 2s Id.

Oats —A strong demand still exists, especially for prime milling, which has been placed at Is to Is lid. Short feed are worth Is 9d to Is lOd, and in good demand. The long descriptions are not so firm at Is 8d to Is B|d. Barley—More samples have been offering, hut they are generally of an inferior class, and are not commanding the top rates. Sales have been made at 3s 9d for medium, and 4s to 4s Id for fairly good samples ; feed lines are dull and difficult to quit. Beans and Peas—At last week’s prices.

Ryegrass—No business is passing, and prices remain nominally at last week’s rates.

Potatoes—The market is completely glutted, and it is with difficulty that 20s ia obtainable at country stations. Dairy Produce—The butter market has been active, and 6d has been freely paid for good lines, with an upward tendency. Cheese is now saleable at 3d for good lines, and up to 3|-d for prime. The above prices are those paid to farmers and delivered f.o.b, Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday there was an average attendof buyers. Eat Cattle—A fairly large entry, principally medium weight cattle; steers and heifers in about equal proportion. Demand very poor, and even late low values were barely maintained. Steers sold at from £5 2s 6d to £6 15s; heifers and fat cows at from £3 to £4 12s 6d, being at from 14s to 16s per 1001 b, according to quality. Dairy Cattle —A full market. Erom £6 to £7 10s for very good cows is about ruling values. Eat Sheep A fairly numerous entry. The market opened firm, and throughout was only satisfactory, last week’s values ruling, viz., at from l£d to l£d per lb; very choice quality a shade more. "Values ranged as follows: Heavy weight, prime quality, crossbred wethers, at from 10s to 13s 9d per head; lighter weights, mixed wethers and maiden ewes, at from 8s to 10s; crossbred ewes, at from 6s to 9s 6d; merino wethers, at 4s to 5s 6d. The New Zealand Loan and Mercantile Agency Company sold for Mr A. M. Clark, 124 maiden ewes at 8s; lOd, Lambs—Lambs realised 4s to 4s Bd.

Pigs—A fairly full market, principally bacon pigs. Prime baconers realised from 42s to 55s per bead; light weights, 33s to 40. Porkers are from 21s to 80s per head, being about per lb, a shade more or a shade less, according to weight and quality.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday : Wheat The demand during the past week has been very dull, and consequently business transactions hare been only to a limited extent. Prime samples are saleable, but not to any extent, and it is only owing to holders preferring to store rather than accept reduced rates that prices have been upheld ; no inquiry for medium and inferior quality. Fowl wheat is in fair demand, and moves off slowly. Quotations: Prime velvet and tuscan, 3s Id to 3s 3d; medium, 2s 8d to 3s (nominally) ; fowl wheat, 2s to 2s 6d. Oats —The market continues very firm, and all descriptions meet with a ready sale. Buyers for shipment and speculators have been operating freely all through the week, and slightly higher prices are now obtainable. Shippers experience great difficulty in procuring freights. Quotations: Stout bright milling, Is B|d to Is 9d; heavy feed, Is 8d to Is Bfd j medium, Is 7d to Is 7^d; inferior, Is 6d to Is 6|d. Barley—A good business could be done in this cereal. Present quotations are: Prime malting, 4s 6d to 4s 7d; medium, 4s 3d to 4s 4d; feed and milling, 2s 9d to 4s, Grass Seed —Values nominal, Ryegrass, 2e to 3s for machine dressed; cocksfoot, 3|d to 3fd for best off old pasture. Carrots—-40s per ton. Potatoes —SO s 55s for best northern.

Chaff—sos to 55s for heavy, wellcut, and riddled; straw chaff, 40s per ton j black dust, 9d per bag. Straw, oaten and wheaten—4os. Hay—Oaten, 60s; clover and ryer grass, 60s. Butter —Prime salt, 73d to Bd, kegs extra ; fresh do, 7d per pound. Cheese—Best Akaroa, 4d; loaves,

Honey Extracted, in tins, 4|d; run in casks, Bfd.

Sheepskins—-On Monday country dry crossbred skins brought Is 6d to 4s 8d; do do merinos, Is 4d to 4s 3d; pelts, 3d to Is 2d; butchers green crossbreds, 3s XOd to 2s sd; green merinos, 2s 5d to Is 6d; lambskins, 3s 7d to 2s 4d. Hides remain in firm demand at late quoted prices, and arrivals are quickly taken up at following prices Inferior and bulls, to 2d; light, 2|d to 2f d; medium, 3d to 3|d; heavy, free from cuts and offal, 3fd to 4|d per lb. Tallow—A very brisk demand is met with in the local market. Prime mutton is worth 19s to 20s; medium to good; 16s to 18s; inferior and mixed, 13s to 15s; rough fat, best mutton, lls to 13s; medium to good, 9s to 10s 6d ; inferior, 5s to Ss 6d.

DUNEDIN STOCK MARKETS. At ihe Burnside Yards on Wednesday the following business was transacted :

Eat Cattle—l 79 head yarded, the greater portion being prime quality beef, the balance ordinary and inferior. Best bullocks sold at from £7 to £9 17s 6d (for extra heavy weights); others, £3 5s to £6 15s; cows and heifers, £3 to £7 ss.

Eat Sheep—The entry consisted of 1758 crossbred ewes and wethers and 500 merinos, the quality ranging from ordinary to prime heavy weights, and prices for prime wethers ruled Is 6d to 2s, and for crossbred ewes Is per head in advance of those obtained last week. Best crossbred wethers brought from 9s to Us 6d (for heavy weights) ; others, 7s to 8s 9d; best crossbred ewes, 8s to 10s 9d; others, 5s to 7s 9d; merino wethers, 5s to 5s 3d. —Messrs Donald Reid and Co. sold for Mr William Grant (Elloughton Grange) 50 halfbrod ewes at 8s 3d.

Eat Lambs pen, exceptionally large, brought 9s 6d to 10s; others, 4s 7d to 7s 3d.

Pigs sented all sorts, and under fairly brisk competition, sold at prices ranging from 5s to 12s, for suckers; light stores, 13s to 21s; porkers, 28s to 355; baconers, 37s to 555; extra heavy weights, 60s to 695,

AUSTRALIAN MARKETS.

Melbourne, May 10,

Wheat, 3s 4d. Flour, £7 ss, fur stone made. Oats, Calcutta, 2« Gd; Tartarian, 2s 7d ; Danish, 2s 9d; stout, 2s lOd. Barley, medium, 5s l|d. Maize, 3s 3d. Bran, lid.

Sydney. May 10,

Milling sorts are quoted at from 3s 4d to 3s 6d; fowl wheat, 2s lOd. Oats, 2s Id to 2s 8d; feed oats, 2s 3d, Maize is firm at 2s 6d. Pollard, 10. Bran, lOd. Potatoes, New Zealand, 55s ; Circular Head, 60s; Warrnambool, 455. Onions are scarce at 90s. Butter, local, Is 6d ; imported, lOd to Is Id. Cheese, medium, 3d ; best, 6d; large loaf, Farm seeds of all kinds are unobtainable. Adelaide, May 10.

Wheat, 3s 3d to 3s 3|d for shipping lots; farmers’ lets at ports, 2s lid to 3s Id. Flour, roller made, £8 10s; stone made, £7 10s. Bran, lid. Pollard lid. Oats, 2s 8d to 2s lOd. Malting barley, 5s to 5s 6d. At auction Mauritius sugar realised £ll. 15s to £22 ss, for medium white; fine whites realised £22 12s 6d; finest whites, £23 7s 6d.

ENGLISH MARKETS. London, May 8. r J he tone of the wheat market is inactive. On the Continent it is active, but American is declining. Leather has fallen £d, and is now quoted at from lOd to The Antwerp wool auction opened yesterday with great animation. The prices show an advance of five centimes on the closing sales in January. Of the 18,400 bales available 350 are from Australia.