COMMERCIAL.

Temuka Leader, Issue 1805, 20 October 1888, Page 4

COMMERCIAL.

CHRISTCHURCH COHN EXCHANGE, The Corn Exchange reports for the week ending Friday evening, the 19th inst. With the hardening tendency in Mark Lane, prices locally for wheat have been fairly maintained. Closing figures have been in slight advance as compared with those of last week. The shipping accommodation is equal to requirements and rates are likely to ease during the next few weeks. Local millers are all fairly well supplied, so our chief demand is for shipping parcels, of which tuscan is much preferred. Chicken wheat has advanced, and all lines are eagerly sought after. Milling oats are dull, but good short feed have a steady demand. Inferior grades are neglected. In barley we have no business to record.- Beans have been pretty well cleared out for shipment to London, but peas have only an occasional inquiry. The potato market has quite collapsed—no inquiry and few sellers. We quote:— Wheat —Prime Tuscan, 3s 9d to : 3s lOd ; pearl and hunters, 3s 8d to 3s 9d ; fowl corn, 2s 8d to 3s 2d. Oats—Milling, 2s 3d (dull); short heavy feed, 2s Id to 2s 2d ; inferior grades, Is lOd to 2s. Barley—Nominally, 4s to 4s 3d for prime. , Beans—2s 9d to 2s lOd. ; Peas—2s 5d to 2s 6d. Grass Seed Eyegrass, machine dressed, 2s 9d to 2s lOd; farmers’ parcels, 2» to 2s 3d; cocksfoot, 3d to Bid. ' : > , Potatoes—4oa at country stations. Dairy Produce—Butter, 6d to 7d; cheese 4f d to sd. The above prices are those paid to farmers for delivery, f.0.b., sacks extra CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday fairly large entries of all kinds of stock. Fat Cattle—A heavy entry, quality on the whole very good, and value*, if anything, a shade easier. The values for the day ranged at from 17s 6d to I9s 6d per 1001 b, according to quality, prime bullocks selling at from £6 12s (5d to £8 15s per head; medium weights, £5 12s 6d to £6 ss; heifers and fat cows sold at from £4 to £6 Is. —Me.-srs Matson and Co. sold for Mr J. G. Murray, heifers at £4 10s, and 10 head steers from £6 12s 6d to £7 10s. Fat Sheep A full market, the quality being on the whole good. Late values about maintained. The primest crossbred wethers sold at From 16s 6d to 20s per head; medium weights, 12s to 14s 6d; shorn crossbreds sold at from 9s 6d to 12s; merino wethers at from 10s 9d to 15s; being at from 2|d to 3d per lb for sheep in their wool, shorn sheep 2d per lb. Fat Lambs—Primest sorts sold at from 10s 3d to 11s 9d per head; medium and inferior, 6s 6d to 8s 9d. : Store Sheep—A good. demand was shown, late values ,being maintained. Hoggets sold at 8s 3d, 9s, and 10s 9d per head. Pigs—Porkers sold at from 2ls to 32s per head* fully per lb; stores, 8s 6d to 16s. DUNEDIN PRODUCE MARKETS. The Mowing is the report for the week ending Wednesday:— Wheat —The local market is quiet, the business transacted during the past week being on a small scale. Buyers arejnot disposed to operate at late quotations, and to effect sales a concession on late rates would have to be made. Sellers, however, are not over anxious to do business at less money. Fowls’ wheat is in fair request. We quote prime milling, velvet, and tuscan, 3s 9d to 4s ; medium to good, 3s 3d to 3s 6d; inferior to medium, 2s 3d to 3s (ex store, sacks weighed in). Oats—The demand during the week has not been very brisk, and there are no indications of any immediate improvement, but it is quite possible, considering the small stocks on hand, that further on higher prices may be obtained. Stout bright milling, 2s 2|d to 2s 3d; best feed, 2s lid to 2s 2£d ; medium to good, 2s to 2s‘ Id; inferior to medium, Is 9d to 2s (ex store, sacks weighed in |-d extra, f.o.b. Dunedin). Barley—There is no alteration in the tone of the market, which continues inanimate. Prime malting, 3s lOd to 4s Id (sacks extra) ; medium (nominal), 3s 3d to 3s 6d; feed and milling, 2s to 3s (ex store). Potatoes—Best Oamaru, £3 15s to. £3 17s 6d; Southern, £2 10s to £3. Pigs—Well fed up to 1801 b, 4£d. Hams and Bacon: Hams, 8d per lb; flitches and rolls, 6|d. Chaff Heavy oaten sheaf (well cut and riddled), £3 5s to £3 10s; medium, £2 17s 6d to £3 2s 6d. Carrots, 255; turnips, 15s. Ryegrass—Farmers’ lots, Js lOd to 2s 3d ; machine dressed, 2s 8d to 3s. Cocksfoot: Some still on hand at 3d, 3|d, and 4d per lb. Turnip seed, 645. Straw Oaten and wheaten, 40s. Hay: Oaten, 60s; clover and ryegrass, 60s. Butter —Best salt, 9d per lb (kegs extra); fresh do, plentiful. Eggs—Supplies are not so plentiful since 14 days. Cheese: In good demand. Prices range from 4|d to 6d per lb.

Honey—Best cloyer extracted, 4|d; drained, 3ft).

Sheepskins —On Monday a few extraordinary skins brought as high as 7s. The following are current quotations Town butchers’ green skins;: Crossbreds, from 6s to 3s 6d; merinos, from 5s Id to 4s; lambskins, from Is to 6d,; pelts, from ,7d to 3d, Country skins. Crossbreds, from 5s .7d to 2s; merinos, from 4s 9d to Is 7d. Hides—lnferior and bulls’, to l-|d ;; light, 2d to 2£d; medium, 2*d to 2yd; heavy, ,3d to 3?d; over 60lb, in faultless condition, 3|d to 3id per lb. Tallow Pritne Rendered mutton! 19s 6d to 21s 6d; medium to good, 17s to 18s 6d; inferior and mixed, 14s 6d to 16s 6d; rough fat—inferior, 9a to 9s 6d; medium to good, 10s to 13s; best, 13s Gd to 14s per cwt. DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted: — Fat Cattle—2o9 head yarded. The sale closed at an advance of fully 20s per head as compared with last week’s rates. Among the best drafts forwarded were those from South Canterbury; Prime bullocks (there were no very heavy weights yarded) brought from £lO £los to £8 15s; medium, £8 10s to £7; light, from £6 15s to £6 ; prime cows, £8 10s to £7; medium, £6 10s to £5 10s; light, £5 5s to £4 10s; inferior, £3 17s to £2. Wright, Stephenson and Co. sold for Mr Andrew Grant (Willow Bank), 6 bullocks at from £9 5s to £8 12s 6d. Reid, Maclean and Co. sold for Mr William Stewart (Orari),; 7 .prime bullocks at from £9 10s to £8 ss; and 5 heifers at from £8 to £7 15s; for Mr Andrew Grant (Temuka), 6 bullocks at from £8 2s 6d to £7l7s 6d. Fat Sheep—366o penned; amongst them. 580 merinos and about 300 shorn sheep. Prime crossbred wethers sold up to 19s; prime crossbred ewes, up to 18s 3d ; merino wethers, up to 9s 9d. Lambs—3l4 penned, including a few very prime lots; Prices rangpd from 8s 3d to 13s. Pigs—Only 87 came forward. An almost unlimited number of stores could be placed at capital prices. Prime grain-fed bacon pigs (medium weights) and porkers are also in demand. AUSTRALIAN MARKETS. Sydney, October 18. Maize, 2s. Oats are steady at 2s 6|d 1 0; 2s 7d. Bran, 10|d to lid. Pollard', quiet at 9|d. ; Chickwheat, 3s 6d. Butter, imported, 9d to lOd ; locally made, Is to Is 3d. Cheese, 8d to 9d. Bacon, to 9£d; hams, Is. Oatmeal, £l2 to £l2 10s. Melbouenb, October 18. * Wheat, 4s Flour, firm, stonemade, £lO 15s. Stout oats, 3s 4d. Barley, feed, 2s 9d; English, 5s 7d. Maize, 3s Bd. Rye, 3s 6d- Bran, Is. Adelaide, October 18. Wheat, shipping parcels, 4s 6d; farmers’ lots, 4s 4d at Part Adelaide; 4s 2d at out ports. Flour, stonemade, £9 10s; roller-made, £lO 10s. Bran, Is 2d. Pollard, Is Id. Oats, 3s 5d to 3s 6d, Potatoes, Warrnambool, £5 7s to £5 12s 6d; Ballarat, £sl7s 6d (both duty paid). ENGLIJH MARKETS. London, October 16. The wheat market shows a general advance of sixpence. The Continental market is firm, and American market weak. The American visible surplus of wheat is 32,250,000 bushels. The total quantity of wheat and flour afloat for the United Kingdom is 2,372,000 quarters, and for; the Continent 604,000 quarters. October 17. Two Victorian wheat cargoes have been sold at from 42s 6d to 43s 3d. The New Zealand Shipping Company, Shaw-Saville and Albion Shipping Company, Nelson Bros, and certain insurance companies have combined to improve the frozen meat trade. New Zealand growers, unddr the new arrangement, will be guaran- ; teed 2*d nett. The freight has been fixed at l|d. Between 3d and 3?d and 4|d the proceeds will go to the combination; between 4£d and 5d the proceeds will go to the growers, who will receive 40 per cent., and the combination 60 per cent. When the price realised is beyond sd, growers will receive 80 per cent,, and the combination 20 per cent. October 18. An off-coast cargo of Australian wheat has been sold at from 41s 6d to 425. Australian flour is quoted at from 29s 6d to 30s. Leather, to lid. Galvanised iron (Orb brand), : 17s. <