COMMERCIAL.

Temuka Leader, Issue 1884, 27 April 1889, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The Corn Exchange reports for the week ending Friday evening, the 26th inst.: —

The Easter holidays over, farmers came in full force to dispose of their products, and the consequence was that transactions took place in grain of all descriptions, wheat being offered most freely. The quantity of barley, however, was considerable, but was not in favor cf buyers, unless where the quality was extra good, Large lines of wheat were quitted, but the prices barely maintained those of the previous week. Shipments to Sydney are still considerable, bub late advices state the market to be drooping, Oats are offering in more limited parcels, and prices are fairly well maintained. Potatoes are now coming into notice, and several sales are reported at £2 15s and £3 at country stations. The majority, however, are talking of pitting for higher figures. Freights to London are reasonable, and those wanting space are able to make very reasonable terms; to Sydney, however, all space available has been secured for some weeks to come. The following are our quotations : Wheat—Tuscan, 4s; pearl, 3s 8d to 3s 9d; hunters, 3s 7d to 3a 8d ; chicken, 2s 9d to 3s. Oats—-Milling, 2s lOd; short feed, 2s 8d to 2s 9d; tartars, 2s 9d. Barley Prime malting, 3s 9d ; medium quality, 3s 3d to 3a 6d; feed, 2s 6d to 2s 9d. Beans —3s 3d to 3s 4d. Peas—Blues,- 3s 6d to 3s 8d; feed, 3s to 3s 3d,

Grass Seed Machine dressed, 3s 9d; farmers’ parcels, 2s 6d to 3s. Cocksfoot—Weak at 2?d to 2fd. Potatoes—Derwents, £3; country stations.

Dairy Produce—The market is quiet at 8d to lOd for butter, and 4d to 4|d for cheese.

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

CHRISTCHURCH STOCK MARKETS.

At the Addington live stock market on Wednesday the attendance was about the same as last week.

Eat Cattle—The entry this week showed no improvement in numbers, but the quality was decidedly better than it has been lately. The best ox beef sold at from £6 to £8 a head, or about 17s to 18s per 1001 b, according to quality, while heifers sold at £5 to £6 12s Gd, or about 15s to 16s 6d per 1001 b. Eat cows sold at £3 5s to £5 a head.

Vealers—Primer sorts sold at from 15s to 255, while inferior ones went at 4s to 12s a head.

Dairy and Store Cattle—Dairy cows ranged from £4 to £7 ss, for prime sorts, while heifers fetched from 30s to 40s a head. Young bullocks and steers changed hands at £2 to £4 10s, Eat Sheep—A large entry yarded, mostly prime lines of crossbreds and halfbred wethers. At first prices were very good, but towards the end of the sale there was a decided decline. Some really good crossbred wethers went as high as 15s 6d, and ewes to 15s 4d, but no phenomenal prices were obtained.

Eat Lambs About an average entry. Prices about the same as at last week’s sales, ranging from 5s 6d to 10s a head.

Pigs—This week there was another extremely large entry, chiefly farmers’ lots of grain-fed porkers. Several really fine lines sold from £2 to £3 a head, while inferiors went from £1 to £llss.

DUNEDIN PRODUCE MARKETS

The following is the report for the week ending Wednesday:—

Wheat—Wheat has come to hand more freely during the past week from the South, the condition of which is somewhat raw. The market shows no improvement since date of last report. Second-rate samples, in the meantime, have no attention whatever, neither is fowl wheat in very much demand. At present the tendency of the market is downwards. Prime milling (red straw, white velvet, and tusoan), 4s to 4s 3d ; medium to good, 3s Gd to 3s 9d; inferior tu medium, 2s 9d .to 3s 3d (ex store). Oats—A moderately fair demand continues to exist. This week’s quotations are somewhat on a par with those of last week, but while there is a fair enquiry the tendency is towards lower prices. Prime milling, 2s 7d to2s7-H ; best bright short feed, 2s Gi to 2s 7d; medium, 2s 4d to 2s sd; inferior and carelessly dressed, 2a 2d to 2s 3d (ex store). Barley—There is some enquiry for shipment if suitable parcels offered, Occasionally prime lots are taken up by the local maltsters. Prime malting, in suitable parcels, 3s 9d to 4s; medium, 3s 3d to 3s Gd (ex store). Ryegrass Seed—The market is very quiet. Undressed, 2s 3d to 3s; dressed, Bs 9d to 4s. Cocksfoot has no demand of any consequence; quotations nominal.

Potatoes—A moderate business is passing, and values remain about tbe same as last week’s—say from 80s to 82s 6d per ton for northern growth. Pigs—Well fed up to 1801 b, 4d to 4-|d; bams (in cloth), 9d; rolls and flitches, 6 J-d. Onions —£12.

Chaff—Well cut heavy oaten sheaf (riddled), £8 15a to £4. Straw chaff, £2.

Turnips—lss to 20s. Carrots—£2

Straw—Oaten and wheaten, 35s to 40s. Hay—Oaten, clover, and ryegrass, 60s.

Butter (sail) The market is languid, and only 9d is offered, kegs extra. Eggs are coming freely forward, and have fallen 2d.

Honey—Bun, 3|d to 4d ; extracted, Cheese—Prime Akaroa (large), 5d ; loaves s£d; factory (large), sfd; loaves, 6*d.

Sheepskins—On Tuesday the following prices were realised :—Crossbreds, prime, 3s 9d to 3s ; do medium, 2s 9d to 2s 6d ; do inferior, 2s 6d to 2s 3d ; green merinos, prime, 2s 6d to 2s 4d ; merinos, medium, 2s 3d to 2s; merno, inferior, Is 9d to Is 3d ; lambskins, best quality, 3s 7d to 3s 3d ; lambskins, medium, 3s to 2s 8d; lambskins, inferior, 2s 6d to 2s 3d ; country dry crossbreds, inferior to medium, Is 3d to 3s 6d; do do merino, Is 4d to 3s sd; full-woolled crossbreds, 3s lOd to 6s; do do merino, 3s 6d to 5s 9d; dry pelts, 2d to Is Id. Hides—Quotations are as follow — viz.: For inferior and bulls, l-|d to 2d; light, 2£d to 2-fd; medium to good, 2fd to 3£d ; best and over 60lb weight, per lb. Tallow—Market dull. Quotations: For prime rendered mutton, 21s to 21s 6d; medium to good, 17s 6d to 19s; inferior and mixed, 14s 6d to 16s 6d ; rough fat—best mutton caul, 13s 6d to 15s ; medium to good 10s to 13s per cwt,

DUNEDIN STOCK MARKET!

At the Burnside Yards on Wednesday the following business was transacted ;

Eat Cattle~-247 head, including some very prime drafts, came forward to one of the worst markets ever seen at Burnside Bidding was very languid and prices lower. Indeed, in many instances very little over store rates were obtained. Wright, Stephenson, and Co. sold for Mr James Guild, (Trevenna), six prime bullocks at from £7 7s 6d to £7.17s 6d. Eor Mr Wm. Quinn, Makikihi, 6 steers and heifers at from £4 to £5 2s 6d. Reid, Macleau and Co. sold for the Waimate estate, 2 bullocks £7, 6 at £6 15s, 2 at £6 12s 6d, 2 at £6 2s 6d; for Messrs M’Goveriu and Hardy (Waimate), 2 prime heifers at £6 12s 6d, 3 at £5 7s 6d, 2 at £5 2s 6d; and (for the Partners’ Agency Co. Limited), sold for Mr James Guild (Temuka), 6 prime bullocks at £7 12s Gd; for Messrs M’Govern and Hardie, 7 heifers at £5 5s ; for Mr J. Meehan (Makikihi), 7 bullocks at £4 ss. Eat Sheep—The supply this week consisted of 2065 sheep, fully twothirds of them ewes, the rest wethers of good to prime quality. Prices slightly advanced for prime. Best crossbred wethers brought from I2s to 13s 3d ; medium, 10s 6d to 11s 9d; light, 9s to 1 Os; best crossbred ewes brought from lls 6d to 12s 6d (a few extra prime 13s 3d) ; medium, 9s to 10s; light, 7s to 8s 6d. Donald Reid and Co. sold for Mr W. E. Edmiston, Timaru, 33 crossbred ewes at 8s 9d, and 27 do at 8s 3d, John Grindley sold for Mr W. Grant, 50 crossbred ewes at lls 3d. Eat Lambs—376 came forward to an excellent sale, prices for best ranging from 8s to 9s 3d and for others from 5s to 6s.

Pigs—lo 3 yarded, but very few prime baconers. Por the description entered there was a limited demand and a fall in prices. Light weight baconers 43s Gd; half and throe-parts fat pigs at from 27s to 355; and stores at from 18s to 255.

AUSTRALIAN MARKETS.

Sydney, April 24. Wheat, chick feed, 3s 6d to 3s 8d; New Zealand milling, 4s 5d to 4s 9d; oats, feed, 8s 8d to 3s 6d ; seed, 3s 5d to 3s 7d; peas, 4s 3d to 4s 6d; bran, Is; pollard, Is bushel. Onions, £l3 per ton. Butter —New Zealand, 8d to B|d; local, Is l£d to Is 6d per lb. CheeseNew Zealand, 6|d to 7|d; local, Gad. Bacon—Local, 8d to B|d; New Zealand, 9d to lOd. Hams—New Zealand, lOid to Is. Melbourne, April 24. The holidays have interfered with the grain business, and there are no market quotations to report. Adelaide, April 24. Wheat—Shipping lots at Port Adelaide are quoted at ss; farmers’ lots 4s 9d to 4s lOd; for out-ports, 4s 7d to 4s 8d; flour, roller made, £ll 10s to £l2 ss; stone made, £lO 15s to £11; bran lid, pollard Is to Is Id; New Zealand oats, 4s 3d to 4s Gd.

ENGLISH MARKETS. Lonbon, April 24 Sellers are asking 25s for German beet sugar; buyers offer 24s 3d. The market is less excited, and speculation is expected to produce a collapse. The wool sales re-opened to-day with prices very firm. There was a large attendance of buyers and keen competition. The present series will close on May 4th. The quantity of wheat and flour afloat for the United Kingdom is 1,860,000 quarters, and for the Continent 320,000. The American visible supply is 27,000,000 bushels.