COMMERCIAL.

Temuka Leader, Issue 1829, 15 December 1888, Page 4

COMMERCIAL.

CHRISTOHUECH CORN EXCHANGE

The Coin Exchange reports for the week ending Friday, the 14th inst.:— . . The market! ihow an easier tendeney, and speculation for the time being is at a standstill, pending more definite information m to the damage the drought ii likely to J»« in Australia. It is generally, admitted admitted that the failure will not be so sweeping at was at first anticipated, and the latest news points to an easier tendency. Wheat cargoes from 'Frisco have been negotiated for, and shoHld arrive in Sydney in the early pa«t ot the New Year. Adelaide: still had on Ist inst. an available surplus of 80,000 tons old wheat. The harvest now being gathered, however, will not be a heavy one, and * the quantity to be spared next year will certainly fall considerably short of the exports during the past year, even with the large balance on hand. Victoria's yield, although emall,will not bo so light as was anticipated. Bain is aetin threatening in) »•*? South'}Wales, feeding grains are slightly easier, but stocks are so lightly held that' we do not expect to see muoh of a reaotion. Grass seeds have had a goofl demand; and prices are well maintained. Dairy Produoa—With the strong operations in Sydney, the market has been, firm at our quotations. Wheat—Prime tusoan commands a fair enquiry up to 4i 6d, short berried lines at from 4i 3d to 4i ,4d, second qualityfor ohickwheat is bre at'ls, and broken at 8s Bd* to3ißd.

Os's— Although the demand has not been quite so strong, holder! are firm in their demand! of 3i 6d for good short feed, and 3« to 3i 4i for long and inferior kindi. Be»m and Peas-3s 4d to 3a 6d according to qaantity and quality.' ' Grass Seed—A considerable quantity has been placed during the week at 2i 3d to 2i 9d for fatmersMiuei. ; Holders are now aiking mow money, whioh buyers deeline to aocede to." Mabhine dressed is quoted at 3,3 dto 3i : 6d, but the demand, is only for an odd iimall parcel,;; Opckifotot: No business ii transpiring. The reports from the cocksfoot county are in favor of fcooa yields, but the eample will not be of the primest. The Home market is exceedingly low at the present, and anticipations are that our .market here wi'l open at veryunremnneratiye priees. ~ Potatoes have an expiring existence at £6, f.o.b. '! t \ Dairy Produce—There is not much butter offering. Holders hive been keepitfg back for improved values, whioh, however, now are notilkely to be realised, our chief market, Sydney, being well supplied for ■ thei time, being. Ptioes here have receded to 10a for prime. Cheese: For prime old 6d, and 3id to 4d for new makes.

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

AUSTRALIAN MARKETS.

Sydnit, Dec. 13.

Maixe, 4i ro 4i 2d. Oats, bright heavy milling, 4s to 4i 6d. Bran, Is 3d to Is 3 f d. Pollard, Is OM to-Is Id. Wheat, chiok, 4i 3d to 4s 6d j milling,, 4s 10dj market j quiet RDd,ea«y. Oatenha*,'£7-to £9. FAUuhav"tohaff?£7itW £9 10s. i Straw chaff,j£s to £5 ICS, V Onions, £ll to £ll lOi. Butter, locally made, Is 3d; io Is ,6c)'; best imported, Is tp v ls Id.; The market* ii quiet and prices declining. Cheese, supply inoreasing,.Bdto Bid. ~ Milbotohe, Dec. 18.

Old wheat, 4» 9dj new wheat, 4i 7dj Flour, atone made, £lO lOsj for roller-made £ll 15) is refuied. New Zealand oat*, 49 Bd. Enjdiehbarley, 5s 4d ; Cape barley, 3i 4id; malting barley, 5s Bd. -Maize, 4s 3d to 4i 6J. Bran, Is ,3d. Mauritius sugar, Adblaide, Deo. 13. Wheat is dull and declining. Farmers' lots of new wheat, 4* 9d at Port Adelaide; 4s 8d at outports. Flour, stone made, £11; roller made, £l2. Bfa", Is 4*d to Is 6d. Pollard, Is Hd. New Zealand oatfl, 4i Bd. Malting barley, 5s 3d to 5s 6d. In sugars, yellows, £l9 10j to £2l 10»; Queensland rations range from £l6loa to £lB. !

ENGLISH MARKETS. Lokdok, Deo. 11. Liter sales hive not diieloßed any ohange in the prices ruling for wool. J , December 12. . The English wheat market i» steady ,• Continental market inactive} American market unchanged. The average price of Eoglish wheat at country markets is Six 3.1 IThe American visible supply of wheat ii 36,620,000 bushels. The total quantity of wheat jand flour afloat for the United Kingdom is 2.296,000 quarters';'and for the-Continent 624,600 quarters. An Australian off-coast cargo of wheat has been sold at from 40s to 40s 6d. Leather, OJd. TJp to date 40,000 bales of Twtorian wool have been sold at the present series. Medium greaiv sorts are recovering tho slight deoline experienced at the beginning of the week. Orossbreds are still firm. I