COMMERCIAL.

Temuka Leader, Issue 1808, 27 October 1888, Page 4

COMMERCIAL.

OEHI3TCHUROEI CuRN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 26th inst.:— Cables from London during the week, owing to breakages, have been of an intermittent character. This, it was thought, might tend to relaxation in the wheat market. However, the continuation of favorable reports have had a decidedly hardening effect, and several large and exceptionally good lines have been placed for prompt shipment at rates which may fairly be considered as above market values. There is evidently a feeling of security among buyers, which is doubtless engendered by the home prices as well as by reports from the Australian colonies of the extreme drought experienced there. Chick wheat also comes in for a fair share of attention at prices which would have been considered good for the best milling a few months ago. Oats continue firm and are in good request at a shade ova* last week's quotations, as follows : Wheat—Prime tuscan, 3s lOd to 3s lid; pearl and hunters, 3a 9d to 3s lOd ; chick wheat, whole, 3s 3d to 3s 4d ; broken, 2s 9d to 3b. Oats—Milling, 2s 4d ; bright short feed, 2s 3d; other kinds, Is lOd to 2s. "Barley—4s to 4s 3d for malting ; feed, from 2s to 2s 6d. Beans and Peas—The former 2s 9d to 2s lOd, the latter 2s 6d to 2s 7d.

Grass Seed—2s 9d to 2s lOd for machine-dressed; farmers' parcels, 2s to 2s 3d ; cocksfoot, 3d to 3^d.

Potatoes —In the absence of outside orders are nominally 40s at country stations.

Dairy Produce—Butter, 6d to 7d; cheese, 4d to sd.

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

To complete an order of wheat for shipment, a remarkably good sale was effected on Monday, when a large line of good sample of hunters white, tuscan, Ac, changed hands at 4s, f.0.b., sacks extra, It is not to be inferred that this is the ruling price in the market, as this line was specially required to complete the order, but good judges expect that this will be below the price wanted in a short time.—Lyttelton Times. CfiKisronrjßcii stock markets. At the a aldington yards on Wednesday there was an average entry of stock. Fat Cattle—A full supply ; quality varied, with more than the usual proproportion of prime bullocks. A decline on late values has to be recorded. Prime steers sold at from £6 10s to £7 12s 6d, medium weights £5 5s to £6; heifers and fat cows sold at from £4 to *5 17s 6d, being at from 17a to 19s per 1001 b, as per quality.—Messrs Matson and Co. sold for Mr J. M. Greenaway, a prime line of 10 steers at from £6 7s 6d to £7 12s 6d. Store Cattle—Three-year-old steers sold at from £4 7s 6d to £5 ss, according to condition and sorts. Coming three-year-olds sold at up to £4 ; two-year-olds, £3 to £3 ss. Fat Sheep A fairly full supply yarded, a good proportion being shorn crossbreds. The following are prices realised :—Crossbreds, in the wool, at from 15s to 16s 6d for primest quality; do, shorn, 10a to 13s 3d; lighter weights, in the wool, sold at from 12s to 14s 3d; a small supply of merino wethers sold at from lis 3d to lis 9d, the value of mutton for the day ranging at from 2|d to a shade under 3d; shorn do, 2d to 2Jd per lb. Messrs Miles and Co. sold for the Levels Estate, 189 shorn crossbred ewes at 10s 6d; for a. client, 242 crossbred maiden ewes, 15s 3d to 16s. Store Sheep—Hoggets sold at from 10s to lis 3d; Crossbred ewes in lamb, lis 3d to 14s 3d. Fat Lambs—A large entry, with a decided drop in values. Prime«t sorts sold at from 8s to 9s 6d per head; medium, 7s to 7s 6d ; inferior, 4s to ss. > j Pigs A small entry. A good enquiry shown, late values being well maintained. Porkers sold at from 21s | to 30s per bead, fully 3|d per lb. DUNEDIN PRODUCE MARKETB. The following is the report for the week ending Wednesday:— Wheat At present the local market is not very active. Considering the continued favourable tone of the London markets, Bellers are not anxious to sell at less than quotations. Prime milling velvet and tuscan, 3s 7d to 3s lOd ; medium to good, 3s 8d to 3s 6d; inferior to medium, 2s 3d to 3s (ex store, sacks weighed in). Oats —11 is now questioned whether the stocks of oats on hand in town and country will meet the requirements of the trade till the new crop is harvested, and in view of the severe drought extending over many parts of A ustralia, it is believed that the demand will be in excess of the ordinary consumption at this season of the year. Should this anticipation be realised, a further rise seems inevitable. Bright milling, 2s 2|-d to 2s 3d, with little business passing; best feed, in strong demand, 2s lid to 2s 3d; medium to good, 2s "to 2s Id ; inferior to medium, Is lid to 2s (ex store, sacks weighed in) ; for f.o.b. quotations add |d per bushel. Barley Several sales have lately been made of choice Northern barley.

For inferior sorts, of which there is a moderate quantity still unsold, there is absolutely no inquiry. Prime malting, 3s 10dto4s Id (sacks extra); medium (nominal), 3s 3d to 3s 6d ; feed and milling, 2s to 3a (ex store). Ryegrass—Local grown undressed, Is 9d to 2s 3d; dressed, 2s 6d to 3s 3d; Poverty Bay undressed, 3s 3d to 3s 9d; dressed, 4s 9d to 5s 6d (sacks extra). Cocksfoot: Best, 3fd to 4|d; medium, 3d to per lb.

Potatoes Best Oamaru, £3 15s (well picked over). Pigs—Well fed up to 1801 b, 4R Hams and bacon: Hams, 8d; rolls and flitches, 6£d.

Chaff—Heavy oaten (well cut and riddled), £3 5s to £3 10s; medium. £3 to £3 2s 6d.

Carrots, 255; turnips, 15s. Straw Oaten and wheaten, 40s. Hay Oaten, 60s; clover and ryegrass, 60s. Butter Salt, little demand, 8d (casks and cases extra); fresh do, plentiful. ' Eggs—Plentiful. Cheese Factory scarce at 6d ; farmers', to 4-§-d. Honey—Extracted, 4|d.

Sheepskins On Monday country dry crossbreds, low to medium, brought Is 6d to 3s 8d; do do merino, Is 6d to 3s 7d; medium to full-woolled crossbreds, 3s lOd to 7s; do do merino, 3s to 4s lOd; butchers' green crossbreds —best, 6s 3d, 5s 9d, 5s 6d, 5s 4d, ss; medium, 4s 4d, 4s 6d, 4s Bd, 4s lOd; do do merino, 4s 6d, 4s 7d, 4s lOd; lambskins, Bd, 9d.

Hides —Inferior and bulls', to lfd; light, 2d to 2id ; medium, 2£d to 2f d ; heavy, 3d to 3£d; over 601 b and in faultless condition, 3f d to per lb. Tallow Prime 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, 9s to 9s 6d; medium to good, 10s to 13s; best, 13s 6d to 14s per cwt. DUNEDIN BTOOK MARKET. At the Burnside Yards on Wednesday the following business was transacted : Pat Cattle—2ll were yarded. Sales opened at a shade below last week, but gradually recovered, closing firm at quite late ruling rates. Bullocks sold at £6 2* 6d to £lO 7s 6d; cows, M 10s to £8 15s.—Messrs Donald Beid and Co. sold for Mr James Guild (Trevenna, Temuka),6 prime bullocks at £9 6s to £8 12s Gd; for Mr Andrew Grant (Willow Bank, Temuka) 7 prime bullocks at £9 7s 6d. Messrs Wright, Stephenson and Co. sold for Mr James Guild (Temuka), 6 bullocks at from £8 to £8 15s; on account of Mr Andrew Grant, 7 bullocks at from £7 17s 6d to £8 17s 6d.

Fat Sheep—294o were penned, including about 300 merinos. Crossbred wethers in wool sold at 13s 6d tc 20s ; crossbred ewes in wool, lis 6d to 17s; shorn sheep, 10s to 13s 6d; merino wethers in wool, lis to 16s for a small draft prime. Fat Lambs —The market was fairly glutted with 496, ranging from small and inferior to prime. 'J hese Bold fairly well, but not at anything like last week's rates; others were quite unsaleable. Best sold at 6s to 9s; others, 2s 6d to 5s 6d. Pigs —417 were penned, being a rather full market; the prices were in consequence lower than last week. Suckers brought up to 12s 6d; light stores, 12s 6d to 21s; other stores, 22s to 25a 6d; porkers, 26s to 30s; baconers, 36s to 445; one or two extra heavy weights, up to 555. AUSTRALIAN MARKETS. Sydney, October 25. '■ "Wheat, New Zealand, 4s 2d to 4s 6d ; colonial, 4s lOd. Maize, 2a lid to 3s. Oats, 2s 6d to 2s 9d. Peas, 3s 3d to 3s 6d. Barley, Cape, 2s 10d; English, nominal. Butter, imported, 8d to 10d; local, lOd to Is Id. Cheese, imported, 8d to lOd; local, lOd. Bacon, New Zealand, 9d to 9£d. Hams, New Zealand, Is to Is Id; local, 6d to Bd. Honey, 2d to sd. Potatoes, best New Zealand; 735; Circular Heads, 70s; Warrnambool, 695. Melbourne, October 25. Wheat, strong, 4s sd; prime, 4s 6d. Flour, stone made, £9 (ss; roller made, £lO 15s. Oats, New Zealand, 3s 6d. Maize, 3s Bd. Barley, Cape, 2s 9£d. Bran, lOd. Sugars, Fiji and Queen Bland, £23 to £23 10s. Adelaide, October 25. Wheat, 4s 6d; farmers' lots, 4s 3d; for outports, 4s 2d. Flour, stone made, £9 12s ; roller made, £lO 5s to £lO 10s. .Bran, Is 2d. Pollard, Is Id. New Zealand oats, 3s 5d to 3s 6d. Sugar, greys, £22 ss; brewing crystal, £22 7s 6d to £23; medium whites. £22 12s 6d; best sorts, £23 15s.