COMMERCIAL.

Temuka Leader, Issue 1739, 19 May 1888, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the 18th inst. :

The weather during the past week has been exceedingly unpleasant, and has had the effect of shortening deliveries of grain very materially. Many of the threshing machines have already gone into their wintcrquarlers. Ploughing is being poshed on with, and there is an occasional enquiry for seed wheat. Freight to London is now obtainable, bat rates are still against shippers. Wheat—English cables show an improved tendency for Australian cargoes, but at present no advance has taken place locally, although perhaps buyers are more disposed to operate. Tuscan ranges from 2s Bd to 2s 9d. Pearl is selling at 2a 7|d to 2s Bd, and hunters 2s 7d to 2a 7|L Many samples are at present unsaleable on account of condition. Oats—A strong demand still exists, especially for short heavy descriptions, which are realising Is lOd to Is lid. Long kinds are quiet, with few offering, at Is 8d to la 9d.

Barley Maltsters being supplied, prices have been easier. The quantity, however, offering is not large, and the quality is generally second class, Sa es have been made for medium at 3s 9d to 4s, prime quality being nominally 4a 2d to 4s 4d. Feed sorts are valued at Is 9d to 2s Id.

Beans —Sales at 2s 6d to 2a 7d for small lines.

Peas—Prussian blues, 2a 7d to 2s 8d ; feed, 2a to 2s 4d. Grass Seed—Ryegrass is without life, and prices nominally are same as last week. Cocksfoot has hardened slightly, and 3Jd is now being freely paid for good farmers’ parcels. Potatoes are very low. Large quantities have been sold at 20s at counh'y stations.

Dairy Produce—Butter has come into strong request, and 6Jd to 7d is being given for choice lots. The market is bare. Cheese ; Some small parcels have been placed at 3£l for email sizes, 3d being the average value of larger lines. The above prices are those paid to farmers and delivered f.0.b., Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS.

At the Addington Yards on Wednesday, only moderate supplier of stocks were on offer for the day’s market. Pat Cattle—A small entry, and mainly compose! of light weight heifers. Values remain unaltered. Good quality heifers, medium weights, sold up to £6 per head ; light weights, at from £3 to £3lsa, being at from Ms to, say, 17a per 1001 b. Dairy Cattle A fairly large entry. Moderate demand. As much as £9 was paid for a very superior young cow. Second-rate sorts at from £6 to £7 10s ; ordinary, £3 10s to £4, Pat Sheep—A moderate entry ; quality cn the whole good. The demand was active, and late values very firm. Crossbreds sold at from 10s to Its 3d ; ewes, from 7s 6d to 9s 3d ; merino wethers, at from 5s lOd to 10a 7d. A line of 3 2looth crossbreds, immense weights, were sold at 21s 6d per bead. Values ranged from IJd to l|d per lb—in one case of exceptional quality perhaps 2d was reached. Matson and Co. sold for Mr J. M. Greenaway, crossbred wethers at from 9j lOd to 10s 7d ; do ewes, 8s 3d to 9illd. Store Sheep—A moderate enquiry, with a healthy demand, all lines moving off at fully late rates. Messrs Matsen and Co. sold 84 crossbred ewes at 4s lOd ; 184 lialfbred ewes, at 3a lOd ; 76 merino ewes, at 2s 9d ;75 do, at 2s 3d. Lambs —Lambs sold at from 4s to 7s 6d per head.

Pigs—A very heavy entry, A good enquiry was shown, and lute ruling values fully maintained, viz., from 3Jd to 3|d per lb, according to quality and saleable weight, Bacouers ranged in value from 33s to 71s per head ; porkers, from 20j to 325.

DUNEDIN PRODUCE MARKETS. The following is ihe report for the week ending Wednesday : Wheat The operations for the past week have been confined to small purchases of prime Tuscan (whch is not over plentiful), aud other choice milling sorts, for mixing off with the already large stocks in the hands of millers. Medium milling qualities are not in demand, and it is difficult to make sales at anything beyond very low figures. Erosied, soft, and inferior, are in abundant supply, without any prospect of an advance in values, end sell at fowls’ feed quotations. Quotations ; Prime Tuscan, 3s 3d ; prime velvet, and red straw, 3s to 3s 2-£ ■ ; medium milling, various sorts, 2s 3d to 2s lid ; inferior, soft, frosted, and fowls’ wheat (dull), Is 9d to 2s fid. Oats —Orders in shippers’ hands are still large, but freights are scarce. Speculators

have, lii.w var, continued to make pur* chases of all bright stout feed and prime milling. Prices havo been well upheld, while ouo or two special lines have shown a slight rise. Medium colored sound ft ed is plentiful, and remains stationary as regards price. Sparrowbills, if bright in color, are readily accepted for future shipment, or at earliest possible chance. Danish and long feed are also moving off. Prime milling, Is 9d ; one line making la 9id and Is B£d (sacks 6d each); bright stout feed, Is 8d to Is B|d ; medium feed (sound, in fair color), 1» 7d to Isi 7fd ; inferior and damp, la 6d ; danish, lai 7d to la 8d : long tartarian, la 8d to Is IOa; black tartarian, la lOd to Is 10W ; bright sparrowbil'a, Is 8d to Is 9d; dark colored, Is to la 7d. Barley All aorta are saleable, but prices are a little easier, the lines offering are however, smalt. Prime malting, 4s 2d to 4s 6d ; milling, 3s 8d to 4s; feed, 2s 9d to 3s 6d. Ryegrass Seed— Quotations ; Is 6d to 2s for undressed and 2a 4d for dressed. Potatoes Best derwents, 42s 6d to 47s 6d ; medium, 40a; inferior, 35s—sacks weighed iu. Chaff—Prime oaten, 50a to 55sand for some medium and low chaff 35s to 45s per ton, sacks extra. Carrotta 40s, Turnips—2oa. Straw, oaten and wheaten —4O a ton. Hay—Oaten, 60a ; clover and ryegrass, 60a. Butter—Prime salt, 7£d to Bd, kegs extra; fresh, storekeepers’ lota, 7d to Bd. Cheese—Akaroa, 4d ; loaves, 4jd. Honey —ln tins and casks, 3f 1 per pound.

Sheepskins On Monday green crossbreds sold at 2s 3d to 4s; green merinos, Is 9d to 2s lid ; dry crossbreds, Is 2d to 5s ; dry merinos, Is to 4s 7d ; lambskins, la 3i to 4s; pells, 3d to Lid. Hides—Since our last, prices realised show a decided improvement for the medium sorts, heavies being also in firm request at fully late quoted prices, which range from 3d to per lb for all descriptions, and 12s 6d to 26s for green hides. Tallow-Stocks being light, prices are firm, and prime well rendered mutton inquired for at ’£l9 to £2O 10s; bright colored medium readi y moving off at £l6 to £lB 10s ; inferior. £l4 *o £ls 10s per lon. Fat is also scarce and wanted for local use »1 Ss to 13s 6d per cwt. AUSTRALIAN MARKETS. Melbourne, May 17. Wheat, 3s 4|d. Flour, stone made, £7 sa. Oats, 2a Id; stout, 2s lOd. Maize, 3i 3|d. Bran, lid. Sydney, May 17. Oats, 2s Id to 2s 2d ; tartarian seed oats, 2s 2d. Bran, lo|d. Pollard, 10d tolOjd. Maiz u , 2s 5d to 2s 6d. New Zealand potatoes, 50s to 555; Victorian potatoes, 455. Locally made butter Is 4'i to Is 6d ; best imported butter, Is to la Id; good second class butter, 9d to lod. Cheese, Gd ; loaf sizsd, 7d. Bacon, 9d to 9£d, flams, Is 4d to Is 10J, Brisbane, M«y 17. Maize, 2s sd. On’ons, £5 KL. Potatoes, £3 17a 6d to £4 17«6d. Chaff, £3 to £3 ss. ENGLISH MARKETS. Loudon, May 16. Wheat— An off-coast cargo has been sold at from 34s 6J to 355. ®An Australian' wheat cargo of 6000 quarters (June shipment) has been sold at 34s Two cargoes of 2000 quarters and 1000 quarters respectively, have been sold at 335, Leather is quoted at lOd to 10£d. The Coptic’s frozen meat is selling at from 4d to 4id per lb. A portion of the cargo arrived in a damped condition. 1 1 1 1 ■ -«g