COMMERCIAL.

Temuka Leader, Issue 1793, 22 September 1888, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGEThe Corn Exchange reporta for the week ending Friday evening, the 21st inst.:— Facilities for the transport of grain being scarce, the amount of business dona has not been so large as anticipated. Buyers of wheat and oats show confidence in the rising markets by purchasing freely at our quotations. The slight decrease in Home values has not materially affected this market, the feeling evidently being that it is only temporary. Intercolonial prices are at present encouraging buyers to take the risk of any slight fall in London. Quotations as below are fully maintained. Wheat —Prime tuscan, 3s 6d to 3s 7d ; pearl, 3s 6d ; hunters, 8s sd; chick wheat, 2s 2d to 2s 6d. Oats—Firm at 2s Id to 2s 2d for prime milling; short bright feed, 2s to 2s Id ; discolored, Is lOdto Is lid. Barley—Transactions are limited at last quotations. Beans and peas are in a little better request at 2s 7d to 2s 9d for the former, and 2s 5d to 2s 7d for the latter, prussian blues (true to name) being worth about 2d more. Grass Seed —Quiet at our last quotations ; heavy perrennial most enquired for. Potatoes—Nothing of much consequence has transpired in this line. Farmers hold out for the prices quoted last week. The difficulty in obtaining freight interferes with sales. DairyTroduce—Buyers do not feel inclined to operate largely in view of large supplies coming to band as spring advances. Quotations are, therefore, difficult to fix, but may be taken at our former rates.

The above prices are those paid to farmers for delivery, f.0.b., sacks extra.

CHI IiTCHUROH STOCK MARKETS.

At the Addington yards on Wednesday hardly an average attendance of buyers. Fat Cattle—A fairly heavy entry, quality all round very good, a few lines exceptionally so. Yaluea all round show a little improvement, viz., for primest quality up to 2ls per 1001 b down to 17s as the :quality varied. Steers sold at from £7 Iss to £lO for heavy weights; £4 15s to £6 for light and medium; a line of very prime young cows sold at from £8 5s to £9; other lines of cows and heifers, £4 2s 6d to £6 15s. Store Cattle—Three-year-old steers sold at from £4 to £4 12s 6d ; tvvo-and-a-half-year-olds, £3 12s 6d; two-year-old heifers to £2. Pat Sheep—A full market, quality on the whole good. Values were about equal to last week’s. The primest crossbreds sold at from 15s 6d to 18s per head, lighter weights 13s to 14s 6d; merino wethers from 10s Id to 16s, being at from 2£d to 3d per lb, according to the quality. Pigs—A moderate entry, late values quite upheld. Baconers sold at from 35s to 465; porters, 20s to 325; stores, 10s to 19s 6d, being at from 3d to per lb, according to weights and quality.

DUNEDIN' PRODUCE MARKETS. The following is the report for the week ending Wednesday: — Wheat —Every description is in good demand, the tone of the market continuing firm. Last week’s prices are readily obtained, which are as follow; For prime milling velvet and tuscan, 3s 8d to 3s 9d; for extra choice, 4s; medium to good, 3s 3d to 3s 6d; inferior and hard fowls’ wheat, 2s 8d to 3s (ex store, sacks weighed in). Oats—At present a moderate demand exists at the following quotations ; For prime milling, full and bright, 2s 2d to 2s 3d; heavy sparrowb 11s, bright, 2s 2d to 2s 3d ; medium to good, 2s Id to 2s 2d ; inferior to medium, Is 9d to 2s (ex store, bags weighed in ) Barley—Mailing, unless exceptionally good, bright and mellow, is unsaleable ; milling has only a moderate demand; feed is also dull. Prime malting, 4s to 4s 3d; medium, nominal,, 3s 6d to 3s 9d; feed and milling, 2s 6d to 3s 3d (ex store.) Ryegrass Seed Locally grown, machine-dressed, 2s 9d to 3s 3d; undressed, Is 6d, to 2s 3d; Poverty Bay, dressed, 5s to 5s 6d ; undressed, 3s 3d to 4s (sacks extra.) . Cocksfoot is also moving off with more freedom at, for best, 3fd to inferior and medium, 3d to per lb (sacks extra.) Potatoes —There is very little animation in the market, dealers only purchasing from hand to mouth. .Northern, 72s 6d to 77s 6d; southern, 50s to 655, according to quality. Cheese—The New Zealand Loan and Mercantile Agency Company (Limited) report the sale during the week of 37 tons cheese, the properties of different factories in Otago. The cheese has been sold in Australia at prices considerably in excess of London rates.—Best Akaroa, 4d ; loaves, 4M, 2 Pigs-Well fed (up to 1801 b) 4id. Hams and bacon: Former, 8d; rolls and flitches, 6|d. Chaff— Oaten (heavy, well cut, and riddled), £3 to £3 ss; wheaten (green cut), £2 ss; oaten and wheaten straw (green cut), £2. Carrots, 30s; turnips, I8s; blackdust, 9d; meal seeds, £2.

Straw Oaten and wheaten, £2. Hay: Oaten, £3; clover and ryegrass, £3. Butter—Best salt scarce at lOd; fresh do, plentiful. Eggs, plentiful. Honey—Drained, 3fd; extracted, 4*d.

Sheepskins—On Monday, country dry crossbreds, low to medium, brought Is 3d to 3a 9d; do do merino, Is 2d to 3s; medium to fullwoolled crossbreds, 4s to 6s sd; do do merino, 3s 3s to 4s 6d; dry pelts, 3d to Is Id ; butchers’ green crossbreds, best 5s 6d to 4s 6d, others 4s 4d to 3s 7d ; do do merino, 3i 9d to 4 s 3d. Hides —We quote inferior and bulls, l|d to l|d; light, 2d to 2^d; medium, 2?d to 2fd; heavy, 3d; extra picked, 3*d to 3|d per lb. Tallow—We quote best rendered mutton, 18s 6d to 20s; medium to good, 16s to 18s; inferior and mixed, 14a to 15s 6d; rough fat, inferior, 8s to 9s 6d; medium to good, 10s to 12s 6d; best caul, 13s per cwt. DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted : Pat Cattle—Only 177 head yarded, chiefly medium—only a few pens good prime quality. Prices were slightly easier. Best bullocks brought £7 10? to £9; extra prime to £lO 7s 6d; medium, £5 10s to £7 ss; others, £4 to £5 2s 6d; cows, from £3 15s to £7 17s 6d. —Messrs Wright, Stephenson and Co. sold for Mr James Guild (Trevanna), 6 bullocks at from £Blos to £7 10s; Messrs Donald Reid and Co, sold for the same vendor 6 prime bullocks at £8 5s to £9. Pat Sheep—Only 478 were penned, about equal proportions merinos and crossbred, none of which were prime, and some only very ordinary quality. Competition was briik, and prices fully recovered the drop of the previous week. Best crossbreds brought 16s to 18s 6d; others, 13s to 14a 6d; best merinos, 13s to 14s; others, 10s 6d to 12s. Lambs —89 were penned, a few of which were fair quality, considering the season ; the greater portion, however, were small. Prices realised ranged from 6s 6d to 12s 3d. Pigs —144 were penned, comprising the usual assortment. Prices ruled slightly higher. Suckers brought 10s 6d to 14s 6d; porkers, 25s to 335; baconers, 35s to 55s ; extra heavy, to 645.

AUSTRALIAN MARKETS

Sydney, September 20,

Wheat xNew Zealand, 4s sd; locally grown, 4s 9d. Oats—Peed sorts, 2s 6d to 2s 9d ; milling, 2s 9d to 2s lOd; seed oats, nominal at 2s 6d. Maize, 3s Id to 3s 2d. Bran, Is 2d. Pollard, Is. Cape barley, 2s 9d„ Potatoes New Zealand and Tasmanian, 90s; Ballarat, 85s; Warrambool, 70s. Onions, £7 to £7 10s. Butter, best imported, Is 3d ;' locally made, Is 3d to Is 9d. Cheese, 7d to Bd. Bacon, locally cured, 6d to 7^d; imported, B|d to 9Jd. Hams, lid to. Is.

Melbourne, September 20. Wheat, 4s 4d. Piour, stone made, £8 I2s 6d; roller made, £lO 10s. Oats, stout, 3s lOd; tartarian, 4s 6d. Cape barley, 2s lid. Adelaide, September 20. Wheat —Shipping parcels, 4s 3d to 4s 4d; farmers’ lots, 4s 2d at Port Adelaide; 4s Id at outports. Piour stone made, £9 15s; roller made, £lO 10s. Bran, Is 3d; pollard, Is Id to Is 2d. New Zealand oats, 3s 6d.

ENGLISH MARKETS

London, September 18.

The wool sales opened to-day. Ten thousand bales were offered, but the wool was an inferior selection, onethird coming from New South Wales, and one-fifth from the Cape. The attendance was large, but biddings irregular. Good merinos show a higher tendency; faulty sorts are weaker; crossbreds underwent no change. The total amount available for the present series is 230,000 bales.

The American visible supply of wheat is 31,375,000 bushels. The total quantity of wheat and flour afloat for the United Kingdom is 2,320,000 quarters, and lor the Continent 752,000 quarters. September 19. The wheat market is quieter. An off coast cargo has been sold at from 39s 6d to 40s. Australian flour, 25s 6d to 265. Leather, 9£d to lOd for best sides. An Adelaide wheat cargo has been sold at 40s.