COMMERCIAL.

Temuka Leader, Issue 1866, 16 March 1889, Page 4

COMMERCIAL.

CHBISTCHUROEI CORN EXCHANGEThe Corn Exchange reports for the week ending Friday evening, the 15th insfc.: — The market during the week have been considerably exercised by repeated cables from Australia with regard to the harvest statistics in that country, and the publication of the New South Wales returns at the close of lost week. "Wheat made a sudden jump of 2d to 3d a bushel, and the later advices from Victoria and South Australia has tended to harden the rise, The freight competition has also helped matters here in the growers' interests. The Home markets, however, do not show any material alterations, but as considerable freight arrangements have already been entered into we shall expect to see a good deal of grain go forward to the United Kingdom. Locally, our farmerß prospects are most encouraging, and prices must be in their favor for some time to pass. At the same time we cannot but reiterate our prerious opinions that eventually Mark Lane will rule our local values, more especially if prices are now forced to such values as will allow California to enter into competitiom in the Australian markets. The prices at which American wheats can be landed at Sydney is just now a debateable point. Oats have firmed, but as yet no great quantity are being offered. Barley is easier, shippers being unable to give equal rates with malstera, and brewers choice lines are likely to maintain their values, but second quality will see lower rates. Beans and peas are offering in very small quantities, Cocksfoot has been sold in considerable lines, but prices are low. "Wheat—We quote prime tuscan, 3s 9d to 3s lOd; hunters and pearl, 3s 6d to 3s Sd. Oats Milling, 3s 6d; short feed, 2s 4d to 2s sd; inferior, 2s 2d to 2s 3d. Barley Prime malting, 3s 9d ; medium, 3s 3d to 3s 6d. Peas Prussian blues, 3s Mto 3s 7d; feed, 3s. Ryegrass—Machine dressed, 3s 6d to 3s 9d; farmers' parcels, 2s 9d to 3s. Cocksfoot—2v,d to 2|d j extra heavy, 3d.

Dairy Produce Prime butter is worth 7d, and cheese from 4d to sd. The above prices are those paid to farmers for delivery f.0.b., sacks extra,

CKRISTOHUROH STOCK MARK SITS.

At the Addington Yards on Wednesday moderate entries of cattle and fairly heavy entries of sheep and pigs. Fat Cattle—Hardly an average entry, principally steers, and values suffered a further decline. Prime heavy bullocks sold at from £5 to £5 17s 6d, heifers and fat cows at from £3 10s to £5 15s, being at from 14s to 15s per 1001 b, with a good number of withdrawals.

Dairy Cattle—G-ood sorts young cows coming into immediate profit sold at from £4 15s to £6 10s, ordinary sorts £3 to £3 10s. Yeal Calves—Prime sorts sold at from 17s to 275, ordinary 6s to lis Gd. Eat Sheep—A fairly full market. Late values about maintained. Primest crossbred wethers sold at from 9a 9d to 12s 6d ; lighter weights at from 7* 6d to Ss 6d; ewes sold at from 5s 6d to 9s 3d ; merino wethers, 4s 9d to 7s Bd, being at from lid to Ifd per lb, as per quality. Pat Lambs—A fairly good enquiry. Primest sorts sold at from 6s Gd to 8s ; medium, 5s 3d to Gs. Messrs Matson and Co. sold 280 for Mr J. Guild at 7s 9d to Bs. Pigs—Values showed a falling off from last week's prices. Good porkers sold at from 21s to 335, stores at from 6s to 265.

OAMARU. On Friday and Saturday last several long lines of wheat were sold at Oamaru for shipment Tuscan at 4s 3d, red chaff at 4s, velvet at 3s 9d, all f.o.b. and bags extra. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat The market continues quiet. Buyers are more disposed to do business, and sales could be effected at prices slightly in advance of last quotations, while growers, in anticipation of higher prices obtaining, are not disposed to quit at those rates. Samples of the new crop are being shown. Prime milling, 3s 7d to 3s 9d ; medium, 3s 3d to 3s 6d; inferior and fowls' wheat, 2s 9d to 3s 2d (ex store). Oats —These have had a very good demand during the past week, both for shipment and local consumption. It seems more than probable that any considerable quantity put on the market unreservedly would have a prompt efiect on present quotations, which are as follow:—Bright stout milling, 2s 5d to 2s 6d ; short bright feed, 2s 4d to 2s 5d ; medium, 2s 2d to 2s 3d; inferior to medium, 2s to 2s Id (ex store). Barley—There are a few small sales of the new crop made, but maltsters are not eager to operate. Prima malting, 3s 9d to 4s; medium, 3s to 3s 6d (ex store). Grass Seeds Ryegrass (farmers' lots), 2s 9d to 3s; machine dressed, 3s 3d to 3s 9d; cocksfoot, clean lots at Sid. Potatoes are very sparsely coming to hand. Prices are at £4 15s. Pigs—Well fed, up to 1801 b, 3£d to 4d; hams, 9d; rolls and flitches, 6£d, Chaff Well - cut heavy oaten sheaves, riddled, £3 15a; medium, £3 10s. Turnips —None to hand, but owing to the green fly attacking the turnips prices should rule higher than usual. Straw Oaten and wheaten, 40s. Hay Oaten, clover, and ryegrass, 655. Butter—Prime salt, 8d to 9d, lOd for prime lots. Eggs scarce. Honey: 3|d to Cheese : Prime Akaroa, sd; loaves, Factory, Gd; loaves, 6|d. Onions Silversbins, £lO to £ll.

Sheepskins —At Monday's sales best full-woolled dry skins brought 5s 5d to 6s 6d ; others, Is 9d to 4s Bd. green crossbred pelts, 3s 2d to Is 8d . do merino do, Is 6d; green lambskins 2s fid to 2s Id. • '

Hides—Heavy weights in faultless condition over 601 b, 3-Jd to 3id medium weights, 2fd to 3d; light, 2|d to 2yd • inferior, and slippy, also bulls', Id to per lb. Tallow—Prime mutton, 19s to 21s; medium to good, 16s 6d to 18s Gd ; inferior and mixed, 1-ls 6d to 16s; rough fat —best mutton caul, 12s 6d to 13s 6d; medium to good, 10s to 12s per cwt,

DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted : Eat Cattle-Only 149 head yarded. Best lots realised a slight advance on quotations of a week ago. Best bullocks brought from £7 to £8 10s; medium, £5 10s to £6 15s; light and inferior, £4 to £5; best cows brought from £6 to £7 7s Gd; medium, £4> 10b to £5 10s; inferior, £l 10s to £3 10a. "Wright, Stephenson and Co. sold for Mr James Guild (Trevenna), 6 prime bullocks at from £8 10s to £6 ss. Keid, Maclean and Co. sold for Waimate estate, 12 bullocks from £8 7s 6d to £6 17s Gd; for Mr H. Squires (Timaru), 7 cows from £5 10s to £'llos.

Ynt Sheop—22Bo yarded, the quality being from fair to good. Prime crossbred wethers brought from 12a

to 13s ; ordinary lots, 9s 6d to lls6d ; light, 8s 6d to 9s; prime crossbred ewes brought from 9s 6d to lis; medium, 8s to 9s; light and inferior, 7s to 7s 9d. Eat Lambs—Prices advanced from Is to Is 6d a head, ranging from 6s 6d to 9a 9d.

Pigs—2o2 penned. The sale was a very brisk one, and last week's prices ware well maintained.

AUSTRALIAN MARKETS,

Sydney, March 13. _ Victorian and Adelaide wheat is quoted at 4s 6d to ss, nominal. Several large parcels of the latter have been sold at these prices. The wheat market is unchanged, there is now none in the market. March 14. Potatoes, New Zealand floweries, £losss; Circular Heads, £5. Onions, Victorian, £l2, JSTew Zealand, £lO to £ll, Maize, 3s Gd , sound old sorts, 3s Sd ; weevily, 2s 6d. Oats, inferior stores, 2s Gd to 2s 8d ; heavy feed oats, 2s iOd to 3s; milling sorts, 3s to 3s 2d. Bran is firmer, being scarce, at Is Id to Is LVd. Pollard, Is 2d to Is 2H. Wheat, chick,. 3s 3d to 3s Gd; milling, 4s 8d to ss. Peas, blue Prussian, 4s Gd to 4s 9d. Cape barley, 3s Gd to 3s 7d; market bare. Butter, locally made, Is 4d to Is Gd; best imported separator, Is Id to Is 3d; dairy, lOd to Is. Cheese, 5d to Bacon, New Zealand, 9d to lOd. Chaff, New Zealand, £5 10s to £6. Melbotjene, March 13. Official statistics give the total yield of wheat for this colony at 8,633,000 bushels, averaging 7.11 bushels per acre. The total yield last year was 13,328,000 bushels with an average of 10.81 bushels per acre. The acreage under wheat is slightly over 18,000 more than last year. There is an apparent surplus for export of 1,376,000 bushels. The estimated surplus in South Australia for export is 2,334,000, so that according to these figures the tvyo together fall far short of the requirements of New couth Wales alone. The falling off of oats, potatoes, and hay is also great. Oats show a decrease of 7 bushels per acre ; potatoes, 3.09 tons per acre; and hay, .75 tons per acre. A parcel of wheat has been sold at 5s s|d per bushel. Later. In consequence of the publication of the wheat statistics, wheat has risen to 5s 9d, and iour is being held for a higher price. March 14. The average yield of barley this season is nearly l 0 bushels per acre below that of lats year. The parcels of wheat placed yesterday aggregated 40,000 bags, besides nearly 5000 at auction sales. Wheat made up to 5s lOd, and Gs ia now asked. Por bran the price is Is 3d. but holders are asking 1 s 4d. Oats, Calcutta, 3s 6d; stout, 4s Id ; seed, 4s 6d. Maize, 4s 6d, Peas, 4s 7d to 4s Bd. Sugar, strong China whites, £24. Adelaide, March 13. "Wheat is firm at ss, at Port Adelaide ; 4s 9d to 4s lOd at outports. Flour, roller-makes, £ll 5s to £l2 ; stone-makes, £ll. Bran, Is. Pollard, Is Id. Oats, 4s to 4s 3d. Barley, malting, ss. Sugar, best Chiua whites, .£24 12s 6d ; grey, £23 12s Gd ; brewing crystals, £2l 12s Gd. ENGLISH MARKETS. London, March 12. The copper market is active, and the price has again risen. Chili bars are now quoted at £56 per ton. Australian wheat is dull, and has experienced a slight decline. New Zealand mutton has also declined a shade, and is now quoted at 4d for prime. Wheat—The total quantity of wheat and flour afloat for the United Kingdom is 1,980,000 quarters, and for the Continent 392,000 quarters. The American visible supply of wheat is 31,750,000 bushels. An Australian off-coast cargo has been sold at from 37s to 37s Gd. Flour is quoted at from 29s 6d to 30s.

Tiie price of flour hue been increased at I Auckland £1 p«r ton. Tho HiMiui Ironworks, Now Plymouth, had a successful tupping on Thursday, The metal ran freely into tluo pig bads ana some good pigs were obtained. Mr Oldlield, the proprietor, intends keeping the furnacsH open for a month, nnd lie will then prouted to London with the rn«tsl to ascertain its market value. "Eotran oh Oataksh."—Go-recta of jensive odors ah odog. Complete cure of worst obronio cases, alao nnoqnalled f«s gar §le for diphtheria, nor» fcbroafc, foul breath. At Chemists and Druggists. 4 At the Supreme Court, Auckland, on Wednesday George H. Mason and B. \i. Mesann, for presuming a valueless chequ" for £4, <ver« sentenced to twelve months' imprisonment. Joseph Pu?ton, convicted of horsestealing -it Helensville, was placed under the provisions of the Probation Act for two years. A Native named Hone was sentenced to nine mouths' h;ird labor for forgery. "Eotjgh on Pubs."—Why suffor Piles ? immediate relief, and complete can! #u,v mntiend. Ask for " Bough on PiVss." Sura euro for itohingjprotrudtßg, bleeding, or any forra of Piles. At Ohoinieta and Druggist*. 4 Mrs McCormiek, wife of a miner fit Hokitika, was kicked by a cow she was milking oa Thursday morning and killed instantly. Coughs, Colds, hre. quickly cured by using Ihxr.rVo " Lung Preserver." This oid-e?lohl)8hod and favorite medicino in v\ iwanf to tba palate, find highly ■eitolled by members of the medical, legal end clerical profusions. For testimonials sea advt. Sulci by all patent medicine 1 vendors. I