COMMERCIAL.

Temuka Leader, Issue 1766, 21 July 1888, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the w n ek ending Friday evening, the 20 b ins'. : Shipments are being slowly made to the London market, but the scarcity of tonnage makes but a slight impression on our stocks now in store. Freights are well maintained, both English and intercolonial being eagerly competed for. The weather has been all that could be desired for seedplanting, which is receiving the best attention at the hands of our farmers. Wheat—AlT parcels coming forward by rail are well competed for, especially tuscan, which now commands up to 2s for prime parcels tor shipment. Pearl has a good local enquiry among millers up to 2s 9d. Hunters is also in good request at 2s 7|d to 2s Bd. Whole chicken wheat shows an advance; we now quote it at 2s sd. Broken varies from Is lid to 2s 2d, according to quality. Oats A firmer tone prevails. Milling commands up to 2s; short bright feed Is lOd to Is lid, and long descriptions from Is 8d to Is 9d. Barley—This market is very quiet, and we do not anticipate any improvement until spring, when the malt commences to move off. We repeat ourkst week’s quotation. Peas and beans are without alteration in values. Grass Seeds—A local demand is springing up. Several sales have been made at 2s 9d to 3s for prime machine-dressed, and 2s to 2s Gd for farmers’ parcels. Cocksfoot : Prime is worth 3yd ; second quality, from 2fd to 3d. Potatoes—Sales are being made at £2 at country stations, for parcels where can be arranged to suit steamers. Dairy Produce—Advices from Sydney have been against holders, and a reaction has set in, both as regards butter and cheese. The former is quiet at 8d to 9d, and cheese at 3d to 3fd, according to size and quality.

CHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wedday, heavy entries of all kinds of stock were yarded. Fat Cattle A large entry, the quality pricipally good, one or two exceptionally well-grazed lines of steers being offered. Values slightly improved. Some very prime bullocks sold at from £7 to £8 5s per head; medium weights £5 to £0 10s. Heifers and fat cows sold at from £3 10s to £6 10s, being at from 15s to 18s or 19s per 1001 b, according to quality. Store Cattle—A few coming three-year-old steers sold at £3 7s Gd. Fat Sheep—A heavy eulry of principally prime quality. The primest crossbred wethers sold at from 14s 6d to 16s Gd, in one ease 18s Gd, per head; halfbred wethers, 11s Gd to 14s; maiden ewes, up to 14s 3d; ewes of mixed ages, at from 9s 3d to 11s Gd. The value of prime mutton ranged from 2|d to 2£d per lb ; second rat. j , 2d to 2£d. The New Zealand Loan and Mercantile Agency Company sold for Mr J. B. Wareing, 230 crossbreds at from 14s 6d to 14a lOd; for Mr J. Talbot, IG3 mixed crossbreds ?t 12*, and 35 crossbred wethers at IBs 3d; for Mr J. G. Ruddenklau, G 3 crossbred wethers at 12s 9d to 12s lOd. Pigs—Baconers sold at from 34s to 52a 2d per head, some very heavy Weights up to G3a. Porkers sold at from 18s to 3 Is, being at from 3d to 3|d per lb, according to suitability of weight and quality. Stores met wiih a good enquiry.

DUNEDIN PRODUCE MARKETS. The follovtim; is the rennr for the week ending Wednesday .• — Wheat—There is a moderate demand for prime milling. There still remains on hand a large quantify of medium milling. At present, however, sales of this class are impossible to make unless at fowl feed prices. Fowl wheat is in demand. Prime milling, 3s to 3s 2d; medium, nominally 2s 8d to 2s lOd ; whole fowl wheat, 2s 3d to 2s Gd ; inferior and soft, Is lOd to 2s 2d. Oats—An active demand is experienced for all qualities, and sales are easily made. Prime heavy milling, Is lOd ; best feed, Is 9d to Is 9|d ; medium, is B|d to Is Bfd ; inferior, Is 7d to Is Bd, Barley—No improvement in the demand is noticeable. Prime malting commands 4s to 4g 3d ; meeium do, 3s 6d to ?s 9d; teed and milling, 2s 3d to 3s 3d. Potatoes—The market is hare. Northern sell readily at 60a; southern, 50s to 555. Bigs—Well fed grain up to 1801 b, 4d to 4Jd per lb. Hams and bacon : Haras/6d to 9d; rolls and flitches, 6|d to 7d. Lard in casks, 4d to 4jd. Carrots, 355; Turnips: Swedes. 15s; green tops, 13s. Medl Nse'eda, £3. Black dust, 9d per bag. Straw—Oaten and wheaten,4os for Northern of good color. Hay—Oaten, 60s ; clover and ryegrass, 60s. Batter—Prime salt is scarce at lOd (kegs extra) ; fresh do, i s . cheese—s stocks are getting lower prices are firm at 4d to 4|d. Honey-3yd to 4d (kegs extra). Grass Seeds—Ryegrass (*ith som« inquiry), 2s to 2s 5d fur fanners’ lots

2s 9d to 3s for machine-dressed, Cocksfoot: Fair demand. !?ome small lines have been placed at 3yd to 4d per lb, sacks 7d.

Sheepskins—On Monday country dry crossbreds brought Is 8d to 4s 6d ; dry merinos, Is 7d to 3s lOd; pelts, Gd to Is 4d; butchers’ green crossbreds brought 4s 8d to 2s 9d; do do merino, 3s to 2s 4d ; lambskins, 3s 9d to 2s 3d. Hides—Heavy, to 3yd —a shade more for picked lota; medium, 2yd to Bid ; light, 2yd to 2yd ; inferior lots, l|d to 2d. Tallow—Prime rendered mutton commands from 19s to 20s; medium, 16s to 18s; inferior, 14» to 15s 6d Bough fat: Best mutton, 12s to 13s' medium, 10s 6J to 11s Gd; inferior, 8 to 10s.

DUNEDIN STOCK MARKETS. At tin' Burns! le Yards on Wednesday the following business was transacted :

Fat Cattle—23G head were offered this week. Best bullocks brought from £8 10s to £lO 17s 61; medium, £6 to £8 ss inferior, £3 15s to £5 17s Gd ; cows and heifers, £3 10s to £7 17s Gd. Wright, Stephenson, and Co. sold for Mr M. Guerin (South Canterbury), 2 very prime sows at £8 15s, and 5 prime heifers at from £6 5s to £7 17s Gd.

Fat Sheep—A very heavy supply came to hand, 4221 (of which about 250 were merinos) being offered. A drop of about 2s per head in value took place. Best crossbred wethers brought from 12s Gd to 15s ; others, 9s to 12s; best crossbred ewes, 11s to IBs 3d; others, 6s Gd to 10s 6d ; merinos, 4s 9d to 8s Gd. Reid, Maclean, and Co. sold for Mr Andrew Grant (Temuka), 64 crossbred ewes at from 12s to lls 3d.

Fat Lambs—l 36 penned. Fair competition, and all sold at prices ranging from la 9d to Bs. Pigs—Only 71 offered, and, with the exception of one pen, were suckers and slips. Suckers brought 5s to 12s 6d ; slips, 118 to 16s; 2 bacouers, 53s and 67s each. AUS I'll ALI AN MARKETS.

Melbourne, July 19

Wheat, 3s 3d. Flour: Stone made, £7; roller, £B. New Zealand oats, 3s 2d ; tartarian, 3s Bd. Bran and pollard quiet. Queensland white sugar, £2L 10s. Sydney, July 19. Oats Bright milling, 2s 3d to 2s 3|d ; heavy feed, 2s 2d ; good feed, 2s to 2s Id. Maize, steady, 2s 9d. Bran—Dull. New Zealand, 9d ; local, 9|d. Pollard, quiet, 9jd. Potatoes —New Zealand, 75s to 80s ; Ballarat, 75s ; Circular Head, 80s Onions — Victorian, £7 to £7 10s. Wheat — Good chick, 2s lOd to 3s; milling, 3s 3d; local, 3s sd. Cheese —Local, to 7d; New Zealand, 6|d to 7d. There is a full supply of butter — best, Is Gd ; second quality, 9d to Is Id. Bacon—Themarketis glutted —local, 4d to Gd; iNew Zealand, 7d to 8d ; hams, lid to Is. Adelaide, Jidv 19, Shipping parcels of wheat at Port Adelaide, 3s 2d; farmers’ lots, 3s; for outports, 2s lOd to 2s lid. Stone made flour, £7; roller flour, £7 15s. Bran, 9£d ; pollard, 9d.

ENGLISH MARKETS. London. July 11. Meat by the Kaikoura and Doric is being sold at 4|d per lb. Two Australian wheat cargoes have been sold for shipment to the Continent at 33« 3d to 33s Gd. Two others were sold —one at 33s 9d and the other at 33s Ten thousand quarters of May and June shipment realised 33s 9d; 8500 quarters of May shipment sold at 345. Australian, ex warehouse, is quoted at 345. For cargoes of new crop buyers offer 335. New Zealand long berried is quoted at 34s to 34s Gd. Flour, 24s Gd.

New Zealand hemp, £24 5s to £24105.

Sugar—German beet, 14s 3d

The number of bales of wool catalogued since the opening of the series is 266,200; of these 253,400 have been sold. Merino sorts are firm ; crossbred irregular and slightly weaker.

Leather, 9d per lb. There is a general decline of £d to Id in rabbitskins. At auction Australian tallow realised the following prices : Mutton, 2is Gd; beef, 21s 9d, per cwt. Tin is quoted at £7B 10s per ton. Copper—Chili bars, £Bl. Iron, 43a. Consols, New Zealand 5 per cents., 10G£; New Zealand 4 per cents inscribed, 98£. July 17. An Australian wheat cargo has been sold at 33s 9d.