COMMERCIAL.

Temuka Leader, Issue 1796, 29 September 1888, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 28th in st.; — A quieter tone has pervaded the wheat market during the past week, dohbtless in consequence of the slight depression in London quotations. Prices here, however, have suffered less than might have been expected, last week’s values being,within a very little,” fairly maintained. Quotations as follows: Wheat—Prime hunters and pearl, 3s 5d to 3s 6d; tuscan, 3s 6£d to 3s 7d j chick wheat getting scarce at 2s 6d to 3s "for whole, anti 2s to 2s 6d for broken.

Oats—Heavy milling, 2s 3d ; short bright feed, 2s to 2s Id; tartars, Is 9d to Is lOd; inferior, Is 7d to lsßd.

Barley—Market languid at 4s to 4s ,4d for prime malting, second quality not enquired for. : Beans and Peas 2s 9d for the former, and 2s 6d for the latter, with a little demand for seed parcels. Potatoes—The demand is considerably weaker and. lower rates are the rule, 50s at country stations being the outside limit. Dairy produce Cheese is somewhat firmer at 3£d to 4d for prime well shaped and loaves. Butter continues to decline as spring advances, and is bard to quit at 8d to 9d. The above prices are those paid to farmers for delivery, fo.b., sacks extra. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wed nesdey" large entries of all kinds o stock.

Fat Cattle—A large entry, quality on the whole very good. Late values were barely maintained, prime beef selling from up to 20a per 1001 b down to 17s for inferior. Prime heavy weight bullocks sold at from £7 to £8 17s 6d per head; medium weights, £5 2s 6d to £6 ; heifers and fat cows at from £4 5a to £6 15a per head, more than the usual percentage being passed unsold. Store and Dairy Cattle—A poor inquiry for stores, late values showing no alteration. 'J here was a moderate supply of dairy cattle, chiefly second rate quality. A dull demand. Fat Sheep— A full market. The market was only fairly active, last week’s prices being about maintained. Prime crossbreds sold at from 15s to 18s, a few heavy weights 19s to 20s per head, medium weight crossbreds 13s to 14s 6d, merino wethers from 10s 3d to as high as 16s 2d, shorn crossbreds at from 11s to lls 3d. The price of mutton ranged at from 2£d to say 3d per lb, according to the quality. Fat Lambs A good number yarded. Prime sold at from 9s to lls 6d ; inferior sorts, 5s to 6s 6d. Store Shtiep—A large entry; fair demand. Aged ewes, with lambs, sold at 10s ; 6d; crossbred hoggets, 10s to lls 3d ; merino ewes and lambs at 10s 3d; four tooth crossbreds, mixed sexes, at lls Bd. Pigs—A moderate entry, with a good demand. Baconers to 43s 6d; porkers/20s 6d to 31s ; stores,.l2s to 18s. DUNEDIN PRODUCE MARKETS. The-following is the report for the week ending Wednesday Wheat — The unfavourable cablegrams received during the past few days has bad the effect of causing rather less demand, but very few lines have been 'sold under last week’s quotations. . Prime velvet and tuscan, 3s 9d per bushel (extra prime samples would command a shade more); medium milling, 3s 6d to 3s Bdj inferior and fowl wheat; 2s 9d to 3s 4d per buphel. Oats—There has not been much business- done during the week. Farmers hold very light stocks, the bulk of supplies being in shippers' hands. Prime milling, 2s 2d to 2s 3d per bushel ) medium milling and heavy feed, 2s Id to 2s 2d; medium feed, Is lid to 2s; inferior, Is 9d to 10£d per bushel. Barley—There is very little demand excepting for prime malting. Milling and feed is not inquired for, and sales are diffibult to effect.

! Byegrass—Machine-dressed, 2s 6d to 3s 3d ; undressed, . r ls 6d to 2s 3d; Poverty Bay, 4s to 55.6 d per bushel. Potatoes Dull .of sale. Best Northern, 70s to 755; Southern, 60s to 70s per ton. Pigs—Well fed up to 1801 b, 4|d Hams and bacon: former, 8d; rolls and flitches, ' ; ! Chaff—Heavy oaten (riddled), 60s to 655; wheaten, 46s ; straw, 40s. Carrots —25s to 80s. Turnips; 13s. JSlackdustt 9d.. Meal seeds; £3. ' Straw—Oaten and wheaten, 85s' [Hay, oaten; 60s; clover and ryegrass 60s.

Butter—Best salt (scarce) 10d; fresh plentiful. Eggs plentiful Cheese—ln good demand /factory not to he had. Best Akaroa, 4|d'.

! Sheepskins—On .Monday country crossbred skins brought^ssV i td > *ls 6d; do merino, 4a 6d ’to Is'sdpelts, ;ls 4d to, 4d ; butchers’ green cross*. ( breds, ss, 7d to 4s 6d for “best, and ,j|s 5d to 8s 6d for medium j.do do merinos, 4s 5d to 8s 8d; lambskins, 9dt&7d:^:^ Hides—Heavy hides are worth from--3d to 3|d j mediUm, to 2|d; light, 2|d to 2|d ; infeiior, cut and slippy, jl|d to 2d pt lb.

rendered mutton, 19s 6d Co 21s 6d; medium to good, 16s to 19s; inferior and mixed, 13s to 15s 6d; rough fat-—best, 13s to 12s; medium, lls6d to 10s; inferior, 9s 6d to 8a per cwt. DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted ; Fat Cattle—29B head came forward, about half of which were prime medium to heavy weight cattle, the balance light weights and inferior beef. Prices slightly fell. Best bullocks brought from £7 10s to £9 (a tew extra heavy weights up to £ll 7s 6d); medium, £6 to £7 ss; others, £4los to £slss; cows, from £3 10s to £8 ss.—Messrs Reid, Maclean, and Co. sold for..Mr James Guild, (Trevenna), 6 prime bullocks from £8 7s 6d to £7 15s; for Mr Andrew Grant (Temuka), 6 prime bullocks from £8 5s to £7 15s. — Messrs Donald Eeid and Co. sold for Mr James' Guild (Treuenna, Temuka), 12 prime bullocks at £9 7s 6d to £7 15s; for Mr J. G. Greenaway (Bulmer, Eangitata), 7 bullocks at £7; for Mr Andrew Grant (Willow Bank, Temuka), 6 prime bullocks at £8 5s to £B. Messrs Wright, ‘Stephenson, and Co. sold for Mr Andrew Grant (Temuka), 6 bullocks at from £8 to £7 17s 6d; for Mr J. M. Greenaway (Eangitata), 6 bullocks at from £7 17s 6d to £7 7s 6d.

Fat Sheep—4ls2 crossbreds and 330 merinos came forward. Of the former, fully half were prime freezers, the rest ewes and medium mutton. Best crossbred wethers brought 18s to 15s; others, 14s 6d to 12s; best crossbred ewes, 16s 6d to * 13s 6d; others, 13s 6d to lls; merino wethers, I4a to 8s 9d. Fat Lambs—los penned. All sold at from 13s 3d to 7s. Pigs brought 7s to 14s; slips, 15s to 17s; porkers, 24s 6d to 325;. baconers, up to 62s.—Mr H. M. Driver (on behalf of the Mutual Agency Company of .New Zealand, Limited) sold 1 pen stores at 18s. AUSTRALIAN MARKETS. Sydney, September 27. "Wheat, milling, 4s 6d to 4s 9d ; chick, 2s 9d to 3s. Maize, 3a. Oats, feed, 2s 6d to 2s 8d; seed, 2s 6d. Cape barley, 2s Bd. Bran, Is. Pollard, lOd. Potatoes, New Zealand, Sss to 90s ; Ballarat, 85s; Warrnambool, 70s ; Tasmanian, 90s. Onions, £B. Butter. lOd to Is 3d. Cheese, 6d to 9d. Bacon, 7d to 9d; hams, LOd to Is. Melbourne, September 27. Wheat, 3s lid. Oats, inferior, 2s lid; stout New Zealand, 8s 4d. Cape barley, 2s 9d; inferior malting, 5a 4jd. Maize, 3s 4d. Bran, weaker, 9id. Sugar, Java yellow, £2l. Adelaide, September 27. Wheat, farmers’ lots at Port Adelaide, 4s ; at outports, Bs,lid. Flour, stone-made, £9 10s; roller-made, £loa 4s. Bran, Is 2d to Is 2^d; pollard, Is ,2d. Oats, 3s 6d. Malting, 5s to 5s 3d, ENGLISH MARKETS. London, September 25. The English wheat market is unchanged, The Continental shows a slight improvement, and the American has an upward tendency. English wheat is quoted at 355. The American visible supply of wheat is 20,375,00,6 bushels. The total quantity of wheat and .flour afloat for tboUnited Kingdom, is 2,188,000 quarters, and for the Continent 732,000 quarters. At the wool sales to-day biddings; were spirited ; lambs’ wool is weaker ; |up to date; five thousand bales have been withdrawn/ ' 1 ' fv September 26. The wool market is firmer, and good crossbreds are a half-penny dearer. Mr W. H. Fenton, the hop expert, is of opinion that the practical failure of the English hop crop will (create am opening for the. New Zealand and Australian article if of good color. Wheat off coast is quoted at 38s 6d to 395. Australian flour ex store 25s 6d to 265. ’' 5 ; Australian frozen meat is firm and rates are advancing.