COMMERCIAL.

Temuka Leader, Issue 1863, 9 March 1889, Page 4

COMMERCIAL.

CHEISTOHDEOH CORN EXCHANGE.

The Corn Exchange reports for the week ending Friday evening, the Bth inst. :

Considerable quantities of grain have been offering during the past week, and business has been done in all lines of produce. London cables point to a slight improvement in the wheat trade, and the Australian unofficial statistics point to a considerable deficiency in the northern colonies. American values, however, are not influenced in any way, which would suggest that they will be prepared to ship to any part of the world that gives any encouragement. This, with the large surplus in New Zealand, will make the MarJt Lane prices the chief factor in ruling our local prices. We hear that generally the yields are very satisfactory. Oats are offering rather slow, but our outside demands are very light. Considerable sales of barley have been made at satisfactory rates. Buyers are still operating largely.' freights to London are easier, 303 being freely offered to shippers. Wheat—Prime tuscan is selling at 3s 5d to 8s 6d, with a fair demand pearl and hunters, from 3b 3d to 3s 4d ; second quality dull at 3s; broken'j little offering at 2s 4d to 2s od.

Oats—Milling have a quiet market at 2s 3d to 2s 4d; short feed, 2s 2d to 2s 3d; tartars (pure) are enquired for from Australia for seed purposes.

Peas—Good demand for Prussian blues at 3s 4d to 3s 6d; feed, good enquiry at 3s to 3s 2d. Beans are not offering. Grass Seed is selling at 3s 6d for machine-cleaned, and 2s 6d to 2s 9d for good farmers' parcels. Cockrfoot, 2i|d to 3d is about the ruling rates. Dairy produce is very quiet. Butter has an occasional enquiry at 6d to 7d. Cheese, 4d to sd, according to size and quality. The above prices are those paid to farmers for delivery f .0.b., sacks extra.

CHEISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday there were larger entries of both fat and store sheep, an average entry of fat cattle, a small entry of store cattle, and a heavy entry of pigsFat Cattle—Values were fairly firm at late low rates. Prime bullocks sold at from £5 15s to £6 12s 6d; medium weights, £4 12s 6d to £5; heifers sold at from £3 15s to £5 7s 6d, being at from 15s to about 16s 6d per 1001 b, according as quality varied. Dairy Cattle—Very prime cows sold at from £5 5s to £6 10s; medium sorts, £3 to £4 ss.

Fat bheep—A fairly heavy entry, the quality in a few cases being exceptionally prime. On the whole the values of last week were fairly well maintained. Crossbred wethers of the primest quality and heavy weights sold at from 10a 9d to 12s 3d; medium weights, 8s 3d to 9s 9d ; crossbred ewes sold at from 5s 9d to 9s lOd; merino wethers at from 4s 6d to 5s 9d per head, being at from l£d to a full lfd per lb. Fat Lambs—Sales were made at a reduction of from 6d to Is per head on last week's rates. Prime lambs sold at from 6s 9d to 8s; medium sorts, 5s 6d to 6s.—Messrs Matson and Co, sold 135 for Mr J. Guild at Bs.

Store Sheep—Most lines were sold. Sound-mouthed crossbred ewes sold at from 5s 9d to 6s lid ; merino ewes, 2s to 3s 2d.

Pigs —A very large entry, mainly stores. All lots were placed at fully late ruling rates. Strong stores sold at from 18s to 235; small sorts, 10s 6d to 14s; porkers, 22s to 335.

DUNEDIN PRODUCE MARKETS. The following is the report for tha week ending Wednesday:— Wheat—The market is almost cleared of old wheat, but the demand shows no improvement. Samples of the new wheat are on the market, but no sales have taken place. Quotations : Prime milling, 3s 3d to 3s 7d ; medium to good, 2s lOd to 3s 2d; inferior and good whole fowls' wheat, 2s 3d to 2s 9d (ex store).

Oats —Deliveries as yet of the new crop are limited, and not sufficient for millers' requirements. A moderately good demaud exists. Prime milling, stout, and bright, 2s 4d to 2s sd; best short bright feed, 2s 3d to 2s 3|d ; medium, 2s Id to 2s 2d; inferior and muety, Is 9d to 2s (ex store). Barley—There is some enquiry for shipment, but no business of any eonsequence is being done. Quotations nominal. Sellers are asking 4s to 4•. 2d for prime inaltiusj, while from 3s Gd to 3s 9d is buyers' idea of value. Grass Seed—Undressed ryegrass is held for 2s 9d to 3s, and dressed 3s 6d to 3s 9d. Cocksfoot is offering freely at from per lb, but there are no buyers. Potatoes—The demand is only moderately active at £4 to £4 ss. Pigu-Well fed, up to 1801 b, 4d. Hams in cloth, 9d; flitches in cloth, 6|d ; rolls, 6-£d. Chaff—Well cut, heavy oaten sheaf, riddled, £3los to £3 15s, for extra good lots £4 might be got, Straw—Oaten and wheaten, 40s. Hay—Oaten, clover and ryegrass, 655. Butter—B|d net cash (casks extra). Eggs scarce. Houey— 3|d to 4d for run; extracted, 4£d. Cheese—Fnme Akaroa is now selling at 5d per lb ; loaves, s£, Factory, 6d ; loaves, 6^d,

Sheepskins—On Monday butchers' green crossbreds continued to receive good attention, and full prices paid for all offered. Best brought 2a lOd to 2s 6d ; medium, 2s 5d to 2s; small and bare, la lid to Is 8d; lambskins brought 2s 7d to 2s 2d.

Hides—The market still continues firm. Heavy weights (in prime condition and over 601 b) 3-Jd to 3£d; medium weights, 2|d to 3d; light,2£d to 2fd; inferior, slippy, and bulls', Id to per lb. Tallow—Prime mutton, 21s to 22s ; medium to good, 19s to 20a; inferior, 13s 6d to 18s. Bough fat: Best caul (fresh), 17s to 18s ; good to prime, 16s to 17s; inferior to medium, 10s to 14s per cwt.

DTJNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—Ninety-six fat and 100 store cattle were yarded. It was with some difficulty the whole were cleared at prices lower .than last Bale. Fat bullocks sold at £4 15s to £8; cows, £3 to £6.—The Farmers' Agency Company sold for Mr J. Guild (Trevenna), 6 prime bullocks at £7 2s 6d to £B.—Messrs Donald Beid and Co. sold 6 bullocks on account of the same vendor from £7 to £B. Fat Calves—Eleven sold at from 8s to 20s. Fat Sheep—22Bß were penned, of which 100 were merinos. Crossbred wethers sold at 8s to lis 6d ; merino wethers, 4s to 7s 3d; crossbred ewes, 5s 3d to 10s 6d.—Messrs Wright, Stephenson and Co. sold for the Trustees of the Orari Estate, 70 prime half-bred wethers at lis 6d. Lambs—77B were penned. Best pens sold at 7s to 8s 9d for extra ; others, 4s (id to 6s 9d.—Mr John Grindley (on behalf of the Farmers' I Agency Company, Limited) sold for ! Mr Wm. Grant, 80 at 7s 6d. Pigs—All sorts were in less request with a shade down in value. Heavy j pigs ranged from 45s to 75a; porkers, 30s to 40s j stores, 18s to 265; suckers, 7s to 12s, AUBIRALIAN MARKETS. Sydney, March 0. The only wheat in the market at present is from New Zealand. March 7. Potatoes, Circular Heads, £6 10b ; New Zealand, £6. Onions, Victorian, £ll to £lllos. Maize, new, 3s 6d ; old, 3s lOd: weevily, 2s 6d. Oats are dull at 2s 6d to 3s. There are large ! stocks on hand, Beans, Is. Pollard, scarce, Is Id to Is Wheat, chickfeed, 3s to 3s 6d; milling, ss. For flour there is increasing demand, and prices are advancing. Eollermade, £ll 5s to £l3; stone-made, £ll to £l2. Peas, 4s 6d to 4s 9d. Oatmeal, £l6. Chaff, New Zealand, £O. Butter, locally made, lOd to Is Id; dairy made, Is to Is 3d; factory, imported, 7d to lOd. Cheese, 3dto'6d; New Zealand, 6d to 7d. Bacon, New Zealand, 9d to lOd. Hams, lOd to lid. Melbotjbne, March 7. There is a brisk demand for wheat at 5a for prime sorts. Flour, roller-made, £l2 10s. Oats have improved; stout, 3s seed, 4s B£d. Barley, Cape, 3s sd; malting, 3s 6d; Maize, 4s Id to 4s 2d. Bran, lid. Pollard, is 2d. 1500 bags of wheat were sold to-day at 5s 3£d to 5s 4d. Adelaide, March 7. Wheat is firm. Shipping lots, ss, but buyers hold; farmers' lots at Port Adelaide, 4s 8d; for outports, 4s Gd to 4s 6£d. Flour, roller-made, £ll 10s. Bran, Is. Pollard, Is Id. Potatoes, market glutted; quoted at 5s 6d. ENGLISH MARKETS. London, March 6. English wheat is 6d dearer. Enquiries made by the Bradford Chamber of Commerce show that the principal wool buyers greatly prefer washed wools. The total quantity of wheat and flour afloat for the United Kingdom is 2,080,000 quarters, and for the Continent 452,000 quarters. The American visible wheat supply is 32,000,000 bushels. Zealand frozen, mutton is quoted at 4£d. Leather, best sides, 9d to 9id. An Australian cargo of wheat has been sold at 36s 6d per 4801bs. Wellington, March 6. Advice has been received that a shipment of butter sent home by the Aorangi realised 108 s to 116 s per cwt. This time last year the price averaged 85s to 95s per cwt.