COMMERCIAL.

Temuka Leader, Issue 1837, 5 January 1889, Page 4

COMMERCIAL.

CHBIBTOHUROH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, 'the 4th inst.: — Owing to holidays business during the past fortnight has been almost entirely suspended. Merchants do not care to extend their operations beyond actual orders, of which there is a great scarcity at present; besides, there are now no vessels on for Sydney. Millers are fairly well supplied, and will only operate for special lines at a rebate on late values. Eeports from Australia advise of a drop in prices of all produce, owing to considerable rains having fallen throughout the greater portion of the colonies. The English wheat market has had a fluctuating tendency during the past few weeks, and is now rather lower than a month ago. "Wheat —No sales of importance have taken place, and we estimate va’ues for prime tuscan at 4s 3d, and hunters and pearl at 4s to 4s 2d; second quality is not largely held, and prices are firm at Bs 9d to 3s lOd; seconds, 3s to 3s 6d, according to quality. Oats—Yeryfew samples are offering, but owing to the sudden fall in the Sydney market buyers here have ceased purchasing for the time being. Locally milling are worth 3s 3d to 3s 4d for small parcels ,• stout short feed range from 3s to 3s 2d ; inferior and long kinds from 2s lOd to 2s lid. Barley—No malting offering, nominally worth 4s to 4s 4d; small feed lines fetch from 2s 6d to 3s. Beans and Peas—A few lines on offer at 3s to 3s 3d. Purchasers, however, are not eager to operate. Grass Seeds—The market is rather more quiet, and values remain at 2s 3d to 2s 6d for farmers’ lines, and 3s to 3s 3d for machine dressed. Cocksfoot has no business passing. Dairy Produce—With no orders from Australia and the hot weather setting in, dealers have lowered their prices considerably, and it is now difficult to obtain over 7d for prime butter. The quality is not so good as it was earlier in the season. Cheese has a moderate sale at 5d for loaf shape, and 4d to 4|d for larger kinds. The above prices are those paid to farmers for delivery, f.0.b., sacks extra.

OHRTSTOHUROH STOCK MARKETS,

At the Addington yards on Wednesday large entries of stock were yarded for the day’s maket. Fat Cattle—The demand was anything but brisk, late values showing little or no alteration. Prime bullocks sold at from £6 7s 6d to £8; medium weights, £5 5s to £6 ; heifers, at from £4 to £5 17s 6d, being at from about 16s to 18s per 1001 b, according to quality. Dairy Cattle—Good cows sold at from £5 to £6 ss; medium, £3 to £4. Pat Calves—Good calves sold at from I2sto 18s; inferior to medium, 4s to 7s 6d. Fat Sheep—Avery heavy entry, and last week’s values were not maintained. Crossbred wethers sold at from 11 s 3d to 14s 6d'for prime quality; lighter weights, 8s 6d to 10s 6d; crossbred ewes sold at from 7s 6d to 11s 3d ; merino wethers at from 6s to 8s 3d; a few crossbred ewes of exceptional weights, and in the wool, sold at 20s per bead. The price of mutton varied at from Ifd to barely 2fd per lb, according to the quality. Pat Lambs—A very large entry. Prices were as follows: Primest, 8s 6d to 11s; medium, 6s 6d to 7s 9d. Pigs—A small entry and a good inquiry, late values being more than maintained. Baconers sold at from 32s 6d to 455; porkers, 23s to 80s ; stores, 15s to 21s, being at from 3|d to 4d per lb.

DUNEDIN PRODUCE MARKETS,

The following is the report for the week ending Wednesday■ Wheal—Since last reporting very little business has been transacted. There is, however, very little now for sale, aud holders refuse to accept any reduction on late rates. Prime milling, 4s to 4s 8d ; medium, 4s to 4s sd; inferior aud fowls’ wheat, 3s to 3s lOd. Oats—Very few sales have been made. Holders are not anxious to force sales, feeling that the quantity now held is not more than will be necessary for requirements. Quotations are: Prime milling (nominally), 3s 6d to 3s 8d; short feed, 3a 2d to 3s sd; inferior, 2s 9d to 3s Id. Barley—The market is now pretty well cleared out. Prime malting, 4s to 4s 6d; feed aud milling, 3s 6d to 3s 9d. Grass Seed—Kyegrass is getting low in stock. Local grown machinedressed commands up to 4s; undressed, 2s 9d to 3s 6d ; Poverty Bay, 3s 9d to 55., Cockfoot is dull at from 3d to per lb. Chaff—Best oaten sheaf up to £5; medium and straw chaff difficult to place, the latter almost unsaleable. Straw—Oaten and wheaten (hydraulic pressed in bales) 40s. Clover and ryegrass bay (hydraulic pressed in bales), 60s. Potatoes Kidney jpotatoes are getting more plentiful, and reduced prices have to be accepted to effect sales. Best are worth £8 to £10; others, £5 to £7. Pigs—Well-fed dairy up to 1801 b, 4Jd. Hams and bacon: Hams, 9d to lOd ; rolls and flitches, 6|d.

Butter—Salt, little demand at lOd, kegs extra ; fresh, plentiful. Eggs— Plentiful. Honey—4|d for extracted. Cheese—Prime Akaroa, s|d in cases ; loaves, 6d. Sheepskins—On Monday butchers’ green crossbred skins sell from 4s 6d to 6s ; merinos, 3s 9d to ss; lambskins, la Bd to 2s 3d; pelts, from lOd to 2s 2d; country crossbreds, from 2s to 5s 9d ; do merinos, Is lid to 5s 3d ; dry pelts, 7d to Is 9d. Hides—Prices are still ruling very low. Heavy bides, 3*d to 3fd per lb; medium, 2|d to 3£d; light, 2£d to 2|d; inferior, bulls’, and slippy, l£d to 2d per lb. Tallow—All parcels offering find a good market, rates for the different qualities ruling as follows:—Prime mutton, 25s to 265; good, 23s to 24s 6d; medium, 20s to 22s 6d. Hough fat: best, 16s to 17s; medium, 13s to 15s.

DUNEDIN WOOL SALES.

Dunedin, Jan. 3, The first wool sale of the season was held to-day. There was the largest gathering of buyers ever seen at any wool sale held here, including many new to this market, and comprising representatives of English and American manufacturers. There was spirited competition, although the bidding was somewhat irregular, and prices ruled a Id to higher than at the corresponding period of last year. Fine hahbreds in light [condition met with special favor. Greasy crossbreds ranged from 7fd to ll|d; greasy halfbreds from to 10id; greasy merino from 8d to lOf d; greasy pieces fromSfdto 7|-d; greasy locks from 2|d to s^d.

DUNEDIN STOCK MARKET,

At the Burnside Yards on Wednesday the following business was transacted Bat Cattle—Only 132 head yarded, and a dull sale. Beat bullocks brought from £s 7s 6d to £7 ; others, £6 15s to £4 10s; cows, £7 10a to £3 10s.— Messrs Wright, Stephenson and Co. sold for Mr Wm. Grant (Blloughton Grange) 7 heifers at frem £5 7s 6d to £6, Fat Sheep—l4sl were yarded, the larger portion of which were crossbred ewes, ranging from ordinary to prime mutton; the balance wethers, chiefly prime. Prices ruled from Is to Is 6d per head under late rates. Best crossbred wethers brought 10s to 12s 3d ; others, 7a 9d to 9s 6d ; best crossbred ewes, 8s 6d to 10s; others, 7s to Bs. Pat Lambs—B36 penned. Values fell from Is to Is 6d per head; several pens being turned out unsold. Sales were effected at prices ranging from 4s 6d to 9s 6d.—Messrs Wright, Stephenson and Co. sold for Hr Wm. Grant (Blloughton Grange) 80 extra prime at 9s 6d.

Pigs—lo 6 penned. Stores brought 14s 6d to 26s 6d; porkers, 31s to 345; baconers, 38s to 575.

AUSTRALIAN MARKETS.

Sydney, January 3, Maize, 3a 6d to 3s 9d. Oats, milling, 3s lid to 4s 3d. Bran, lid to la. Pollard, lid to Is, Wheat, chick feed, 3s 7d to 4s; milling, 4s 9d to ss. Potatoes are scarce; sound samples quoted at £ls, inferior sorts much less. Onions, £ls. Butter, local made, Is 3d, with the market quiet and a downward tendency; best imported, lid to la ; separator butter, Is Id to la 2d, The market is glutted. Cheese, 6d to declining. Bacon, 9d to Cape barley, 8s 9d to Ba lid. '.Flour, roller made, £l2 10s to £l3 15s; stone made, £llloa to £l2. New Zealand chaff, £6. Melbourne, January 2. The Leader estimates that the wheat yield iu Victoria at nine million bushels, an average of about seven bushels per acre. In adds that after the home consumption there will be 1,737,000 bushels left for export, Jan. 8. Hew wheat, 4s Barley, malting, 5s 9d to 6s; Cape barley, 3s 6d. Oats, 3s 9d to 3s lOd. Hew Zealand peas, 4s. Potatoes are conmanding famine prices in Ballarat. £2l per ton is asked, Adelaide, January 3. The wheat market is quiet, but prices remain firm. Por farmers’ lots at Port Adelaide 4s 6d is realised ; for outports 4s 2d to 4s 3d. Plour, stone made £ll ss; roller made £l2. Bran, Is 2d. Pollard, Is Id to Is Hew Zealand oats, 4s 6d to 4a Bd. Hew potatoes, £l2. Tasmanian 1888 hops, 2s 3£d per lb.