COMMERCIAL.

Temuka Leader, Issue 1893, 18 May 1889, Page 4

COMMERCIAL.

OHRISTOHUBOH CORN EXCHANGE. The Corn Exchange reports for the week ending Friday evening, the 17th inst.: — Large deliveries still continue to be made by farmers by rail, although we shortly expect a considerable falling off. Thrashing machines are not now quite so busy.. We regret to say that a very large portion of the wheat is coming to hand in bad condition, and there is considerable difficulty in effecting settlements oF grain purchased The very low rate of freight to London has induced several lines to be shipped Hume. Shippers are busy forwarding consignments to Sydney where the market remains moderately firm, and will doubtless {tow remain so for some time, as the l

other Australian markets are becoming bare. While ’Frisco is sending large supplies to Sydney, we note that South Australia has been sending cargoes to Eio. It is to be regretted that New Zealand, with direct .steamers, cannot bommantl the Eio trad®. Some years back large shipments were made from this port, but we seem to be allowing the trade to be taken up by others. Oats have more business passing in the Southern markets, and are consequently rather neglected here for the time being, Barley has had a fair shipping enquiry for prime. Grass seed and cocksfoot are dull, and hard, to deal with. Potatoes are offering freely, and sales are reported at 50s at country stations, but the market is now a bit firmer. Dairy produce is dull, very few orders are coming to hand. Quotations are as follow: Wheat Prime tuscan, 3s 9d to 3a lOcI; pearl and hunters, 3s 6d to 3s 7d; medium, 3s 8d to 3s 4d; broken chick, 2s 8d to 2s lOd. Oats—Milling, 2s lOd; short feed, 2s 8d to 2s 9d; long and inferior, 2s 5d to 2s 6d. Barley —Prime malting, 3s 9d to 3s lOd; medium, 3s 3d to 3s 6d; feed, 2s fid to 2s 9d. Beans—3s 2d to 3s 3d. Peas—Blues, true to name, 3s fid to 3s 8d ; feed, 3s to 3s 2d. Grass Seed Machine dressed, 3s 9d to 3s lOd ; farmers’ lines, 2s 9d to 3s 3d. Cocksfoot, 2d to 2|d for farmers’ dressed ; 2|d to 3d for prime machine dressed. Potatoes—s2s fid to 55s at country stations. Dairy Produce—Butter, 8d to 10d; cheese, 4d to 4|d, with dull market. The above prices are those paid to farmers for delivery f 0.b., sacks extra!

The Leeston correspondent of the Press states that a considerable demand has sprung up for chaff, pressed hay, and straw already this season. Mr Job Osborne has taken a contract for supplying from 500 to 1000 tons of the above for the Sydney market and as a consequence feed is becoming very dear, £4 now being asked for oat-sheaf chaff. An Ellesmere farmer received advices a few weeks ago from Sydney for a shipment of oat-sheaf chaff, which netted him £4 ss, or £6 10s in the Sydney market, but, of course, this hit the market at a favorable time. Another large farmer who usually burns his straw, has this season sold it for cutting into chaff for about £IOO. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday about an average entry of stock yarded. Pat Cattle—The entry of fat cattle was large, but the quality was hardly up to the usual standard. Prices suffered in consequence. Best bullocks reached £6 10s, heifers to £6, and cows up to £6 10s, or from 16s 6d to 17s per 1001 b. Calves —Calves sold at from 2s 6d to 12s 6d. Dairy ; Cattle —Springers realised from £2 10s to £7 for prime, ordinary cows up to £5. Store Cattle—Two-year-old steers went up to £2 10s, do heifers £2, and a few three-year-old bullocks fetched from £2 10s to £2 15s a head; yearlings up to £1 15s. Pat Sheep—A large entry. The quality all round was very good. Prices showed a slight advance on last week’s. The following prices may be quoted :—Best wether mutton went from 12s to 15s 6d a head, while one or two pens of very , superior heavyweight crossbred wethers went as high as 18s each. Ewes were very strongly represented, and from lls 6d to 15s 3d could be obtained for any of good quality. The N.Z.L. and M.A. Co„ Limited, sold for Mr A. M. Clark, Riverslea Estate, a splendid line of crossbred ewes and wethers, as follows 22 wethers at 17s, 22 do at i6s 3d, 22 do at 15s 6d, 25 ewes at 15s Id (which topped the market in this class), 100 at 14s 4d, and 25 at 14s 3d. Pigs—A large entry, but prices slightly fell. Porkers sold at 20s to 30s, stores up to 12s, and baconers at 32a 6d to 50s.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—A fairly large supply has come into tbe local mart, and stocks on hand are accumulating. Millers are buying more freely. Prime Tuscan is scarce, and prices for that description may be quoted as slightly firmer; inferior and medium milling are not in present demand; fowls’ wheat is in good request, both for shipping and for local requirements Quotations; — Prime milling, 4s Id to 4s 3d; medium, 3s lOd to 4s ; fowls’ wheat and inferior, 2s 6d to 3s 9d. Oats—Arrivals during the week have been very large, and a large quantity has been taken into stare for the present; There is a brisk demand for all qualities, both from millers and shippers, but as there are comparatively, few offering, only a moderate bpsihess has been done. At time of writing the market is very firm with ah upward tendency. Quotations : Best milling, 2s 7d to 2s 8d; short bright feed, 2s to 2s 6^d; soft and discoloured, 2s 4d to 2s 5d ; all baigs extra, or per bushel additional, bags weighed in. Barley—A good demand exists, and for a considerable quantity is disposed of shipment. Prime malting 3a 8d to,

3s 9d; medium, 2s 9d to 3s fid (ex store). Eyegrass Seed—Quotations are: For undressed, 2s 9d to 3s 3d.; dressed, 1 3s 9d to 4s 3d. Cocksfoot—Quotations are:—For best, 3|d to 4d; medium, 2|d to per lb. Potatoes—Prices are slightly firmer, Northern are worth 80s to 85s; Southern, 72s fid to 77s fid per ton. Pigs—Well fed up to 1801 b, 4d to 4?d, fat and heavy sizes, 3d to 3£d. Hams, 9d; rolls and flitches, 6£d. Chaff—Heavy oaten chaff, £3 15s to £4 ; medium, 3s 10s; straw, £2. Turnips—lßs to 20s; carrots, 40s. Straw—(Oaten and wheaten): 40s. Hay—Oaten, clover and ryegrass, 655. Butter—Prime salt, lOd (kegs extra) but little in demand; 9d is price easily obtainable. Honey: 4|d to 4£d, kegs extra. Cheese; Best Akaroa, 4|d to sd; loaves, s£d to s|d; factory, Temuka, s|d ; loaves 6Jd. Sheepskins—On Monday dry crossbreds sold at 2s 3d to fis fid; do merinos, at 2s 2d to 4s 7d; do pelts and lambs, at 8d to 2s fid; green crossbreds, at 4s fid to 2s lOd; do merinos, at 3s to 2s; lambs, 3s lOd to 2s 9d. Hides—There is inquiry for heavy ox hides, well flayed and cured for shipment, and any number could be placed at top rates. . Beat heavies at 3d to 3^d; medium, 2|d to 2f d; inferior, Ijd to 2d: bulls and slippy m to iid. Tallow—There is a good demand, and all coming forward is readily placed at last week’s quotations. Medium rendered sells at £2O to £lB per ton; rough fat, 8s to 13s per cwt. DUUEDIN .STOCK MARKET.

At the Burnside Yards on Wednesday the following business was transacted : Pat Cattle—2o4 were yarded for to-day’s sale, consisting of about onethird prime bullocks, and the balance medium bullocks and cows. Prices were somewhat irregular during the sale, but on the whole better than those obtained last week, especially so for prime sorts, which met with good competition. Best bullocks sold at £7 10s to £9; medium, £6 to £7 10s ; cows and heiters, £3 to £7.—John Grindley sold for Mr James Guild (Trevenna), 6 prime bullocks from £7 15s to £9.—-Wright, Stephenson, and Co. sold for the same vendor, 6 prime bullocks at from £9 to £7 7s 6d. Pat Sheep 200 merinos yarded. The quality was good. Sales opened at about Is per head advance on last week’s prices for prime wethers and maiden ewes, but prices eased as the sales advanced, and towards the close ruled much the same as last week. Crossbred wethers sold at 9s to 15s ; crossbred ewes at 6s 6d to‘ 14s; merinos at 4s 3d to 8s 3d.—John Grindley sold for Mr W. Grant (Elbughton Grange), 44 Southdown ewes at lls 9d, and 97 crossbred do from lls to 9s.—Reid, Maclean, and Co. sold for Mr G. H. Rhodes (Claremont), 179 crossbred ewes at from lls 3d to 12s 9d. Pat Lambs—43s yarded with few exceptions of first class quality. Prices were, rather lower than last week’s. Beat lambs sold at 7s 6d to 9s 6d; a pen of extra prime up to lls; ordinary, 4s 6d to 6s 6d. John Grindley sold for Mr William Grant (Elloughton Grange), 51 at 7s 6d. Pigs—22l came forward, and there was fairly good demand. Prices on a level with those obtained last week. Suckers, 5s to 10s Sd; stores, 13a to 23s 6d; porkers, 28s to 345; baconers, 40s to 565.

AUSTRALIAN MARKETS. Sydney, May 15. Chick wheat, 3s 6d to 3s 8d; New Zealand, 4s 6d to 4s 9d ; South Australian, 5s 3d tosssd; potatoes, New Zealand, £4 10s to £4 15a • Circular Heads, £5 ss; onions, £l4; maize, inferior 2s 9d, best sorts 3s 5d ; oats, dull, best 3s 3d ; seed Tartarians, 3s 3d to 3s sd; bran, Is to Is Id j pollard scarce, at Is 2d; blue Prussian peas, 4s 3d to 4s 4d; butter, New Zealand dairy made, 9d to Is; separator. Is to Is 2d; local dairy made, lOd to Is 3d; separator, Is 3d to Is 6d ; off sorts, 6d; cheese, 7d to Sd; bacon. 8d ; New Zealand hams, Is. The imports of wheat for the moment exceed the requirements, causing a downward tendency, especially in New Zealand round berried samples, Melbourne, May 15. There is no better demand for wheat. Milling sorts, 5s 6d to 5s 9d ; flour, stone-made, £ll 10s; roller-made, £l2; oats, Tictorian, Danish, 3s 7d; stout, New Zealand, 3s 10d to 3s barley, Cape, 3s 4d ; malting, 5s maize, 4s 5d to 4s 6d. China sugar, £26 10s; Queensland greys, £25 10s to £26 sa. Adelaide, May 15. The wheat market is quiet. Farmers’ lots for outports 4s Bd, at Port Adelaide 4s lOd, shipping parcels ss; flour, stone made £ll, roller made £l2; bran, lid; pollard, Is Id. New Zealand oats 4s 4d; market quiet, ENGLISH MARKETS. London, May 14. The New Zealand Loan and Mercantile Agency Company’s 4 per cent debentures are quoted at 96. The total quantity of wheat and flour afloat for the United Kingdom is 1,668,000 quarters, and for the Continent 348,000 quarters. The English wheat market is firmer; the Continental unchanged; the American steady. New Zealand mutton, 44d. <