COMMERCIAL.

Temuka Leader, Issue 1802, 13 October 1888, Page 4

COMMERCIAL.

OBKHTOHUBOH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the llih inst.:— i

London cables continue to encourage holders of wheat to anticipate further advances, consequently transactions have not teen on such an extended scale as might be expected. In regard to stocks now in the colony, decidedly contradictory reports have been published, and notwithstanding the influential weight of those who hold there is a large surplus over what will be required for local consumption, we still reiterate our former conviction that stocks have been decreased to a considerable extent, so much so as to discourage the idea of any important benefit to the farming community for this year. Given, however, such weather as has lately been experienced, and favorable circumstances for harvesting, &c, Canterbury should stand a good show of casting off that depression which has weighed so heavily on her agricultural interests for several years. Quotations to date are: — Wheat —Tuscan first quality, 3s 8d to 3s B|d; pearl, 3s 8d; hunters, 3s 7d to 3s 8d ; chick wheat, 2s 6d to 2s lOd.

Oats —Prime milling, 2s 3d ; bright short feed, 2s 2d ; inferior and long, Barely is the present dormant; transactions almost nil ; values unaltered.

Beans and Peas—A slight enquiry for the former at from 2s 8d to 2s 9d f.o.b , for the latter 2s 4d to 2s 6d. Potatoes—Very little business has transpired in this line during the week. Quotations nominally, 47s 6d at country stations. The market for all kinds is exceedingly flat, and values as last week. Cheese and Butter—The former is a little firmer at 4|d for prime quality, the latter quiet at about 7d. Tho above prices are those paid to former* for delivery, f.0.b., sacks extra. OHBJSrCHUROH feTO-JK MAKKBfS. At the Addington yards on Wednesday fairly large entries of all kinds of stock. Eat Cattle A moderate entry, quality varied, a few lines very prime. Heavy steers sold at from £7 to £lO ss; medium weights, £5 10s to £6 16<; heifers and fat cows, £4 to £6 7s 6d, being at from 17s to 20s per 1001 b. Store Cattle—A line of coming three year old heifers sold at £3 per head, Btore cows £2 10s to £3 12s 6d.

Fat Sheep—A pretty full market, quality varied, principally good, a fairly good number of shorn sheep being sent forward. Prices slightly improved. The heaviest crossbreds sold at from 16s to 19s, and as high as 20s per head, lighter weights 12s 3d to lis 6d. Shorn wethers sold at from 10s 3d to 12s 6d, do ewes 8s to iOa 3d, merino wethers at from 8a 6d to 13s 2d, being at from to fully 3d per lb for mutton in the wool, and for shorn do 2d to 2|d per lb, according as the quality varied. Fat Lambs —A large entry. Best sorts 10s 3d to 12s 6d, medium 8s 6d to 10s, inferior to 7s. , £ tore Sheep Crossbred hoggets sold at from 10» Id to lis 3d, crossbred ewes and lambs to 12s 6d, and a line of merino ewes and lambs at lis 2d. Pigs—A small entry; active demand, late values being well maintained. Porkers up to 3|d per lb. DUNEDIN" PRODUCE MAKKETB. The following is the report for the week ending Wednesday:— Wheat —There is practically nothing new to report in this, so far as the local consumption is concerned. Millers have a fair supply for some time to come, end are therefore indifferent about buying at prices quoted; of course if a concession is made, they are ready and willing to do business. Quotations as follow: — Prime milling, 3s 8d to 3s lid; 1 medium, 3s 6d to 3s 7d; inferior, 3s 2d to 3s 3d; fowl wheat, 2s 9d to 3s Id.

Oats—A fair trade exists for both feed and milling; prices, however, as will be seen by quotations, are a shade easier. Seed is ecarce and has advanced. Prime milling, 2s l|d to 2s 2d; do feed, 2s to 2s Id; inferior feed, Is 9d to Is lid; danish, 2s to 2s Id ; long tartariah seed, 2s 6d to 3s.

Barley—A fair amount of business in seed for spring sowing, but beyond this no transactions. Quotations nominally: Malting, 3s 6d to 4s; selected for seed, 4s 6d to 5s ; milling, 2s 6dto 3s 4d ; feed 2s to 2s 3d.

Ryegrass Seed Quotations are : Machine dressed, 2a Gd to 3s 6d; farmers, 2s to 2s sd. Potatoes —Pdme Oamaru, 55s to 70s; prime Canterbury, 50s to 70s; prime Southern, 40s. to 60s! Pig g _Well fed up to 1801 b. 4-£d. Hams and bacon : Hams, 8d : flitcließ and rolls, 6|d. Chaffs-Heavy oaten (well cut), 60s

to 655; wheaten, 45s ; straw d<«, 40s. Carrots; 255; turnips, 15s; blackdust, 9d ; meal seeds, £3 Straw Oaten and wheaten, 355. Hay—Oaten, 40s; clover and ryegrass, 60s,

Butter Best salt, now coming forward, 9d per lb (kegs extra). Cheese—Factory market is bare, and other sorts are quickly picked up at 4±d to sd. Honey Drained, 3|d; extracted, 4R

Sheepskins On Monday, town butchers' green skins (crossbreda) sold at from 5s 9d to 4s; merinos, at from 4s 8d to 3s lOd; lambskins, at from Is to 7d ; country crossbreds sold at from 5s 3 a to 2s 6d ; merinos, at from 4s 4d to Is.

Hides—Quotations are: Best salted, selected, 3d to 3£d : medium weights, 2|d to 2fd; inferior, l£d to 2d ; bulls, slippy, cut, &c, lid to 2£d. Tallow Quotations are : Best mutton at £lB to £2O; mixed rendered, £l6 to £l7 ; inferior, £U 10s to £ls 15s per ton. Pat is scarce and fetches 9s, 10s, lis, 12s, 13s to 13s 9d, for picked cauls. DUNEDIN BTOOK MAKKET. At the Burnside Yards on Wednesday the following business was transacted : —■ Eat Cattle—ls 9 head were yarded Prices showed a slight rise on last week's sales. Beat bullocks brought £7 15s to £9 15s; medium, £5 10s to £7 10s; others, £3 17s 6d to £5 ; cows in proportion.—Messrs Wright, Stephenson, and Co. sold for Mr Andrew Grant (Temuka), 6 bullocks at from £9 to £8 10s—Messrs Eeid, Maclean, and Co. sold for the same vendor, 6 nrime bullocks from £9 2s 6d to £B. Eat Sheep—2s92 were penned, of which 800 were merino wethers, good to prime quality, the balance crosssbreds, equal proportion wethers and ewes, representing all qualities. Best crossbred wethers, 16s to 19s, one pen extra heavy to 20s 3d; ordinary, 12s 6d to 15s 6d ; best crossbred ewes, 15s 6d to 17s 6d; ordinary, 12s to 14* 6d; shorn crossbred wethers, to 12s 3d; do ewes, 8s to 9s 3d; merino wethers in wool, 10s 9d to 13s 6d. Lambs—2s9 were penned. Competition was active for good quality at about last week's rates, while small were in less demand; they sold, at from 3s to 12s. Pigs—63 penned. Suckers brought 8s 6d to 13s 6d; porkers, 25s 6d to 323 6I; baconers, 37s Gd to 495. ' AUSTRALIAN MAEKETS. Sydney, October 11. Potatoes are easy at 70s to 755. Oats, 2s 6d to 2d Bd," Bran is dull' at lOjd. Pollard, dull at 9d. Wheat, chick, 3s 6d; New Zealand milling sorts, 4s 6d. New Zealand cheese, 8d to 9d. Butter, locally made, lid; best imported, lOd to Is. Maize, steady at 3s. Bacon, 8d to 9£d. Melbourne, October Hi Wheat, 4s 4d. Elour,,roller, made, £lO 10s. Oats, Calcutta,3e 6d; New Zealand, 3s 4d. Barley, 4s 7d. Maize, 3s 6R Bran, lid. Pollard, lOd. Adelaide, October 11. Wheat, 4s 6d for farmers' lots at Port Adelaide; 4s Id to 4s 2d at outports. Elour, roller made, £lO 10s; stone-made, £9 15s to £lO. Bran, firm at Is 2d. Oats, 3s 6d.