COMMERCIAL.

Temuka Leader, Issue 1875, 6 April 1889, Page 4

COMMERCIAL.

OURTBTCHURJU CORN EXCHANGE

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

There has been a more settled rate for produce during the week, and all kinds of grain are being offered freely by growers; and, as values are now more defined, business transacted has been of considerable magnitude. English advices point to a certain loss to those who have charters on hand, and every effort has been made to alter the destination, which if successfully effected will more than likely affect the Australian market. From reports, upon which we can rely, we gather that the yields from the thrashing machines are very encouraging to growers, being fully up to their expectations. Freights to Australia are abundant at a moderate rate.

"Wheat—Prime tuscan is selling at 4s, f.0.b., with a fairly strong demand. Pearl and hunters are not so brisk at 3a 8d to 3s lOd, according to quality. Whole fowl is scarce at 8s 4d to 3s fid; broken at 2s 9d to 3s 3d. Oats—Milling are scarce at 2s 8d to 2s 9d. Short feed at 2s 7d to 2s Bd, and long parcels varies from 2s fid to 2s 9d, the best being for Australian seed.

Barley—Barley is not so brisk. Buyers are holding off for lower figures. The best samples, however, are in strong demand at 3s 9d. Medium qualities are worth 3s 3d to 3s fid ; feed, 2s 9d,

Beans are coming into the market at 8s 3d, and blue peas are scarcely so brisk at last week’s quotations. Feed are worth 3s to 3s 2d.

Grass Seed has still a firm enquiry —for machine-dressed at 3s fid and farmers’ parcels at 2s fid to 3s. Hairy Produce —Butter is quiet at 8d prime, and cheese to 4^d. The above prices are those paid to farmers for delivery f.0.b., sacks extra.

CHRISTCHURCH STOCK MARKETS.

At the Addington Yards on Wednesday large entries of all kinds of stock.

Fat Cattle—A fairly large entry; no improvement in values. Heavy weight steers sold at from £5 17s fid to £6 12s fid; medium weights, £5 to £5 7s fid; heifers and fat cows, at from £3 to £4 15s, being at from 14s to 16s fid per 1001 b, according to the quality. Store Cattle—Two-and-a-half year old heifers, nearly fat, sold at £3 15s; do steers, also in forward condition, £3 10a; another line, same age, in only fair condition, at £2 17s fid, Cows sold at from £2 10s to £3 ss, according to age and condition; young cattle 15s to 26s per head. Dairy Cattle—Prime cows sold at from £5 to £6 15s; medium, £2 10s to £3 ss.

Fat Sheep—A large entry yarded; quality on the whole good, in a few cases very prime, notably a line from South Canterbury, which went as high as 15s 3d. Prime crossbreds sold at from 11s fid to 13s fid, and as high as 15s 8d; light weights at from 8s fid to 10s 3d; crossbred ewes sold at from 7s 3d to 10s 9d; merino wethers at from 4s fid to 6s lid, being at from l|d to 2d per lb as per quality.—The N.Z.L. and M.A. Co. topped the market with a magnificent line of sheep from Riverslea Estate, per A. M. Clark, Esq., which sold as follows : —25 wethers at 15s 3d, 25 do at same price, 25 do at 14s 9d, 67 do at IBs lOd, 20 do at IBs 2d, 25 ewes at IBs, and 29 do at same figure. Fat Lambs—Late rates were maintained, prices ranging from 5s 9d to 8s fid.

Pigs A good advance in values took place. Porkers sold at from 23s to 34s 6d; stores, 9s to 18s. DUNEDIN PEODUCE MAEKETS. The following is the report for the week ending Wednesday:— Wheat —A considerable supply has come forward during the week, and a quiet trade has been done, at prices somewhat in favor of buyers. Millers buy only sufficient to keep machinery moving. Prime tuscan and velvet meet with fair inquiry and ready sale at quotations. Medium quality is not in demand, Bowls’ wheat is very scarce. Quotations are: Eor prime milling, velvet, and tuscan, 4s 4d to 4s 7d ; prime milling red straw, 4s 2d to 4s 4d ; medium qualities, 3s 9d to 4s 3d; fowls’ wheat, 2a 6d to 3s 6d.

Oats —Prices have remained firm ; but during the last few days consignments are assuming larger dimensions, and if growers insist upon making immediate sales without reserve prices are almost sure to recede. Quotations are; For prime short milling, 2s 7£d to 2a 8d; best short feed, 2s 6d to 2s 7d; medium to good, 2s 5d to 2s 6d (ex store). The total in hand to date is 11,116 sacks. Barley Only occasional transactions passing. Quotations : For best malting, 3s 9d to 4s; medium, 3s 3d to 3s 6d.

Ryegrass Seed—Passing quotations are unaltered, which may be given for undressed, 2s 3d to 2s 9d; dressed, 3s 6d to 3s 9d, Cocksfoot (slow sale), quotations nominal. Potatoes—Quotation for best northern derwents, £4 to £4 5s per ton. Pigs—Well fed up to 1801 b, 4d; hams, 91 ; flitches and rolls, 6kl, Chuff ■■■• flea-; y clean oaten sheaf, £4 ss, and scarce. Straw Oaten and wheaten, 40s, Hay Oaten, clover and ryegrass, 655,

Carrots, £2 10s. Onions, £ll. Butter—Prime salt firm at 10d — kegs extra; separator butter, Is 2d. Eggs—Plentiful. Honey—4d to 4|d for extracted. Cheese —Akaroa, sd; loaves, sijd ; factory, 5-*d; loaves, fi^d.

Sheepskins—On Monday dry crossbreds sold at 2s to 5s lOd ; do merino, Is 8d to 4s 8d ; do pelts and lambs, Is to 2s 5d ; green pelts, Is 7d to 2s fid ; do lambs, Is 8d to 2s lOd. Hides Id to l^d; light, 2£d to 2|d; medium to heavy, 2£d to 3d per lb; extra heavy and picked a shade more.

Tallow Prime rendered mutton, 19s to 21s; medium to good, 16s fid to 18s fid; inferior and mixed, 13s to 15s fid; rough fat-mutton caul, fresh and clean, 12s fid to 13s fid ; medium to good, 10s to 12s per cwt. DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted: — Fat Cattle—l7o head were yarded. The quality was mostly medium, with a few pens really good bullocks and heifers. It was with the greatest difficulty the yards were cleared, and prices ranged from 10s to 20s below the opening rates. Bullocks sold at £8 5s to £4 ss; cows and heifers sold at £3 2s fid to £3l7s fid.-The N.Z. Farmers Agency Company sold for Mr Jas. Guild (Trevenna), 6 prime bullocks at £7 to £8 2s fid.

Pat Sheep about 100 being merinos. These consisted mostly of medium to good quality ewes, with a few pens really good freezing wethers. An advance of up to Is on wethers on last week’s prices was noticeable; while ewes were hardly so well competed for. Crossbred wethers sold at 12s 3d to 9s; crossbred ewes, at 11s 3d to 6s; merino wethers, up to 8s. —Wright Stephenson and Co. sold for Mr A. Grant (Willowbank), 70 very prime merino ewes at Bs, and 64 halfbred ewes at from 8s 3d to 9s. Pat Lambs Best lambs sold at from 7s to 8s 3d; medium, 4s 6d to 6s 6d.

Pigs—Suckers sold at 7s to 11s 6d; stores, 14s to 20s; porkers, 29s to 365; baconers, 40s to 555, a few pens extra heavy up to 635. OTAGO RAM AND EWE PAIR. The ram and ewe fair, under the auspices of the Otago Agricultural and Pastoral Association, was a great success. The entries showed a great increase, and the sales, especially of the Border Leicester breed, may be regarded as satisfactory. Almost every sheep of that breed was disposed of. Stud rams brought from 4 guineas to 7| guineas; flock do, li guineas to 3| guineas; stud ewes, 1 guinea upwards. Lincolns, downs, and merinos, were dull of sale, and a clearance could be effected only at prices that could not be remunerative.

AUSTRALIAN MARKETS.

Sidney, April 4.

Potatoes, New Zealand fine, £10; Circular Heads, £6. There is a good demand. Onions are in good demand at £l6 to £l7. Maize, 4s 6d; market dull. Peas, blue Prussian, dull at 4s 6d. Oats, feed sorts, 3s 3d to 3s sd; heavy milling and seed, 4s 6d. Bran, quiet at Is Pollard, quiet at Is 4d. Chaff, New Zealand fine, to £6. Wheat, New Zealand milling, 4s lOd to 5s 2d; chick, 3s 9d to 4s; other sorts are sold at 5s 6d. Cape barley, 3s 6d to 3s 8d; English, nominal ’ at 4s 6d to ss; malting, 3s 6d. Butter, locally made, dull; factory, Is 6d to Is lid; separator, Is 4d to Is 6d; dairy, Is to Is 6d (the high rate is restricting sales); imported dairy makes, lid to Is Id; imported separator makes, Is Id to Is 3d. Cheese is steady; locally made, 6d to 7|d; New Zealand cheese, loaf size, Bd. Bacon, New Zealand, 9d to 10d. Hams, dull, lOd to lid, Melbourjte, April 4. The wheat market is strong. Milling sorts, 5s 8d ; seed, -5s The flour market is quiet. Oats, inferior sorts, 3s 9£d to 3s lid ; heavy sorts, 4s. Barley, 3s 9d. Bran, Is 3d. Pollard, is The sugar market is strong. Whites, £24 15s to £25. Adelaide, April 4.

Wheat is steady at ss; at Port Adelaide for farmers lots, ss; for outports, 4s lOd. Flour, roller made, £12155; stone made, £lllos. Bran, Is 4d, Pollard, Is 6d, Oats, 4s. Malting barley, 4s to 4s 3d. There is little doing in the potato market; latest quotation, £4 12s. ENGLISH MARKETS. London, April 2. The present stock of copper in England and France is estimated at 118,000 tons.. The English wheat market shows a general decline of 6d, The Continental is inactive, and the American market is also declining. For Australian new crop on passage sellers ask B'Bs. At the ‘wool auction to-day 7400 bales were offered. There was a large attendance of buyers, and bidding was spirited. Prices were very firm; best sorts were a halfpenny dearer; merino halfpenny cheaper; coarse crossbreds and other sorts were firm. Ten ships with wool cargoes aro now due. The number of bales available is 310,000, The market rate of discount is i per cent.