COMMERCIAL.

Temuka Leader, Issue 1784, 1 September 1888, Page 4

COMMERCIAL.

DUSEDIN HTOOK MARkET.

CHBIBTOHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 31st inst.: — English wheat cables advise us that the market is still rising, but against this freight has an upward tendency, and at present is difficult to obtain at any price. Negotiations are, however, being carried on wi)h a view of inducing some of the Newcastle coal ressels to come down in ballast to load wheat. If successful, it is not likely that the freight will be much lowered. During the week considerable transactions have taken place in wheat, up to 3s 31 being freely given for prime large lines of tuscan, and hunters at Id less. Lines now changing are principally ex store parcels. Local millers are taking up all the hard wheat that is offering. The oat market is very quiet, few outside orders coming to hand. Holders, however, j are very firm iu their demands. We expect a better tone in the course of a month. Very little prime barley is offering, and buyers of seed parcels have to give full value- Maltsters, however, as yet have made no stir. Grass seed is a drag on the market, and farmers in want of good seed are able to get their requirements at a very reasonable me. Potatoes are perhaps not quite so firm at 52s 6d. Dairy produce has seen ita highest, and may at any moment recede in value. We quote as follows: Wheat-—Tuscan and pearl, 3s 2d to 3s 3d; hunters,3s Id to 3s 2d; chicken whent, broken, 2s to 2s 4d, Oats - Milling, 2s Id to 2s 2d; short feed, 2s; danish, Is lOd to Is lid. Barley—Prime malting nominally, 4s to 48 3d; medium, 3a to 3s 6d. Peas Prussian blues, 2s 6d to 2s 8d; feed, 2s Id to 2s 3d; beans, 2a-6d. Grass Seed—Machine-dressed, 2s 6d to 2s 9J; farmers' parcels, Is lOd to 2s 3d ; cock3f'oofc,3|d to for clean heavy seed; and 3d for second quality. Potatoes—s2s Gd afc country stations. Dairy Produce—Prime butter, lOd ; pastry, 4 f l to 6d; cheese, 3d to 3£d for large; 3|d to 3?d for small. The above prices are those paid to farmers for delivery, fo.b., sacks extra.

CITBIS'OHI'RCH STOCK MA«KBTS.

At-the yards on Wednesday there was a fair en'ry of stock. Fat Cattle—The beet entry of cattle th it have b' en yarded for some time past, one or two lots being quite up to show form. The heaviest bullock brought £ 12, the next going at £9 lO; other steers fetched £8 15s, and the heifers up to £8 5s Medium-weight ateeis fetched at from £fi 10s to £6 108, heifers and fat cows £4 5* to £6 2a 6J, being at from 17s 6d to 21s per 1001 b, very primesfc a shade more. Store Cattle—A line of 24r twentyone- mon'ths-old heifers sold at from £2 Is to £2 3s 6d, and a line of yearlings ai 17s. Dairy Cattle—Good cows in immediate profit sold at from £6 5s to £7 ss, second rate sorts from £3 10s to £5. Fat Sheep— crossbreds sold at from 14s selling as high as 20s; medium weights sold at from 12a to 13s 6d, and merino wethers from lis 6d to 12s Bd, being at from to 3d per lb, according as the quality varied. . Fat Lambs—The first consignment of the season came to hand. Twelve very prime lambs sold at from 13s to 15s. Pigs—A moderate entry. Demand hardly so keen as of late. Values a little easier.

BUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday : Wheat There is no material alteration to note in the tone of the market. We quote prime milling, 3s Id to 8s 4d; medium, 2* 2d ; good whole fowls' wheat, 2s 4d to 2i 6d j broken, 2s to 2s 2d (ex store, Backs weighed in). Oats—A slight demand exists, and a few sales are being effected, but the market is comparatively quiet, Bright short milling, Is lid to Is best bright feed, Is 10£d; medium, Is 9d to fs 10d; danish and long tartars, fit for seed, Is 10d to ?s—in small lots, 2s 3d to 28 6d (ex store, sacks weighed in). Barley--No demand for malting. Milling continues in fair demand, but no inquiry for feed. Quotations nominal. » Ryegrass Seeds—Machine dressed 2s 9'd to 3s 3d j undressed, Is 6d to 2s 3d; cocksfoot, 3£d to 4fd per lb (sacks extra). Potatoes Q-ood Northern are worth about 60s, and Southern $0» per ton; only a few. placed at these quotations. Pigs-Well fed, up to 180 lb, M& per lb. Hams and bacon: Former, 8d to 9d; rolls and flitches, 6id to 7d. " Chaff—Oaten, €8 to £3 5s (scarce); wheaten, 455; straw do, 40s. Carrots —3O s. Turnips —l3 s. Blackdust—9d. Meal seeds—£3, Straw —Oaten and wheaten, 40s. Hay—Oaten, 60s; clover and ryegrass, 60s. Butter—Best salt, gearce at lOd j fresh plentiful. Egt>s Plentiful, and are moving downwards. Cheese—Akaroa, 4d; loaves, 4|d.

Honey—Drained, 3£d ; extracted, 4}d. Sheepskins—On Monday, country dry crossbreds, low to medium, brought Is 2d to 3s 9d; do do merino, Is Id to 2s 9d; medium to full-woolled crossbreds, 3s lOd to 5s 3d ; do do merino, 2s lOd to 4s 7d; dry pelts, 2d to lOd; butchers' green crossbreds—best, 4s 7d, 4s 6d, 4s sd, 4s 3d j others, 4s, 3s 9d, 3s 6d, 3s 3d; green merinos. 2s lOd to 3s lOd. Hides—A moderate demand exists. Heavy weights, 3d ; medium, 2£d; light, 2d; inferior, l£d to Ifd per lb. Tallow Prime rendered mutton, 18s to 19s; medium to good, 15s 6d to 17s 6d; inferior and mixed, 13s 6d to 15s; rough fat—inferior 8s to 9s, medium to good 9s to lis 6d, best 12s to 13s per ewt.

At the Burnside Tarda on Wednesday the following business was transacted : Fat Cattle—lß7 head were yarded, the greater portion of which were good to prime quality, the balance ranging from rery ordinary to medium. Prices showed no adyance. Best bullocks brought £8 to £9 10s (one pen £10); medium, £5 10s to £7 10s; others, £4 2s 6d to £5 5s ; cows, from £3 7s 6d to £9.—Messrs Donald Eeid and C 0... sold for Mr Jas. Guild (Trevenna, Temuka), 12 prime bullocks to £9 2s 6d.—Messrs Wright, Stephenson, and Co. sold for Mr John Murray (Orari), 6 prime bullocks at from £9 2s (id to £9; for Mr Jas. Guild (Trevenna), 6 bullocks at from £8 7» 6d to £8 2s 6d. Fat Sheep—Only 2643 were penned, of which 300 were merinos ranging from medium to very prime; the rest were principally crossbred ewes, useful mutton, with an odd pen prime wethers. Crossbred wethers sold from 12s to 17s 9d (two pens Lincoln very heavy wethers, 20a to 21s 3d) ; crossbred ewes, lis to 16s 9d j merino wethers, 8s t-i 14s 6d. Pigs penned, mostly all porkers and baconers. There was a good demand, best going at 48s to Cos; porkers, 27s 6d to 455; stores I and suckers, 0s to 2 Is.

AUSTRALIAN MARKET 3. Sydney, August 30. Potatoes, New Zealand, 80s; Circular Heads, 85s; Warrnamboo], 655. Oui ns, New Zealand, £6 to £7; Victorian, £7 10s to £B. Maize is firm at fa. Oat 3 are firm .at 2s 2d to 2s 4d; feed,, 2s 4d to. 2* 7d. Wheat—Milling, local, 4s to 4s Id; chick, 2s 8d to 2s lOd. Bran, lUd. Po'lard; lOd. Butter, local, Is 6d to Is 9d ; imported, Is Id to Is 4. Cheese, local, 6§d to 7d; New Zealand, 7d. Bacon, local, 7d; New Zealand, B£.l to 9d. Melbourne, August 30. Wheat, 4s 2|d. Flour, stone made, £9; roller made, £lO 10s, Oats, 3s sd. Barley, feed, 2s lOd. Maize, 3s 6d. Bran, Is Id. Adelaide, August 30. Wheat—There is a steady demand for cargoes at 3s lid to 4s; farmers' lots, 3s lOd ; at Port Adelaide, 3s 9d. Flour, stone made, £9; roller made, £9 10s to £9 15s. Bran, lOfd to lid. Pollard, 10|d. Oats, 3s 4d to 3s Gd.

BNtJLLiH MARKETS. London, August 28. Eight thousand quarters of New Zealand wheat, July shipment, have been sold at 37a 9d. The total quantity of wheat aud flour afloat for the TJriited Kingdom is 1,918,000 quarters arid for the Continent 588,000 quarters. The American visible wheat supply is 27,125,000 bushels. Adelaide flour is 27a 6d. The wheat market continues to improve, and latest quotations show an advance of 6d. Eight thousand quarters of Adelaide wheat, July and August shipments, have been sold at 41s, and one cargo has been disposed ofah4ls3d. A cargo of Australian wheat has been sold at 40s. Another cargo, May shipment, realised 39s sd. Seven thousand quarters of Adelaide wheat brought 41 e 9d. The heavy rains recently experienced all over England have greatly injured the prospects of the harvest, By the recent disastrous fire at Hamburg six thousand tons of beet sugar were destroyed, and beet sugar has consequently experienced a slight advance in the London market