COMMERCIAL.

Temuka Leader, Issue 2023, 22 March 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, March 21st : The weather though broken has not been sufficiently moist to do any good to the pastures or root crops. The “oldest inhabitant” is being called upon to remember a season where so little rain has fallen as during the past few months. Wheat is being purchased for shipment at quotations ; buyers are, however, not eager, and a slight advance checks business. Oats are not offering freely, aud the low price ruling tends to restrict threshing, growers being uncertain as to whether it will pay better to feed the oats in the shape of chaff than to accept prices equal to about Is 3d per bushel on the farm. Barley is offering freely, but prime samples only are enquired for, and there is a difficulty in filling orders for this description. Nelson parcels are on the market, and find favor; medium and low sorts are neglected entirely. Peas : Blue (boilers) are wanted. Beans have not as yet been offered in quantity, and prices are expected to rule low, consequent upon the heavy stock of feed barley and oats in the country. Grass Seed—Rye: The demand still continues, but as the season advances the enquiry is sure to be weaker, and holders would do well to quit stocks. Cocksfoot: An active demand can be noted, and were many samples on offer equal to the abnormal weight quoted in our columns recently (Mr G. G, Stead’s sample) business would be brisker. Unfortunately the majority of the samples on offer are not equal to even an average standard. It is pleasing to note wbat magnificent samples of grass seed can be grown locally, and Mr Stead must be congratulated on placing before the public such evidence of the fertility of our soil, and of its appropriateness to grow grass seed. Potatoes—Kidneys are offering freely, without finding purchasers. It is yet too early to write as to the main crop (derwents). Dairy produce unaltered. The following are our quotations for the week:—

Wheat —Tuscan, 2s lOd to 2s lid ; pearl, 2s 9d ; hunters, 2s 7d to 2s 8d ; whole fowl, 2s 3d; broken, 2s. Oats—Milling, Is 7d : short stout feed, Is 6d ; long and inferior, Is 4d to Is sd.

Barley—Prime malting, 3s 3d; medium, 2s 6d to 2s 9d; feed, Is 9d. Peas—Blue prussian (true), 3s 3d; slightly broken, 2s 9d to 3s. Ryegrass— I own machine-dressed, 4s 6d te 4s 9d ; farmers’ clean samples, up to 4s; inferior, according to quality. Cocksfoot Prime heavy bright seed, to and light, to 2|d. Dairy Produce—Unaltered.

The above prices are those paid to farmers for delivery f.0.b., sacks extra. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday there was a large entry. kat Cattle—'A decided improvement was noticeable in the entry, but the quality is still anything but first-class. A few first-class bullocks went nearly up to late rates, but inferior steers and cows, which formed the major portion of the entry, were exceedingly hard to dispose of, Best beef may be quoted from 16s to 17s, and inferior from 12s 6d to 15s per 1001 b. Pat cheep A large number yarded. i At the start of the sale bidding was animated, and late rates were generally maintained. During the latter part of the sale, however; prices fell away considerably, and all but the verv best sheep were hard to dispose of. ‘Good ; freezers realised from 2d to while some inferior pens of little better than store mutton failed to reach more lhan Ipd to per lb., and were hard to dispose of even at that price. Pat Lambs —■ Another enormous entry yarded, , Really prime lambs upheld late rates generally, but inferior sorts suffered a decline. A pen of first-claaa lambs topped the market at 13s 3d, while others made from 7s 6d to 12s 6d; 176 were sold for Mr J. G. Ruddenklau at 10s lid. Store Sheep—Choice lines of crossbreds made from 9s lOd to Hs 3d, ewes went at 6s 6d to 10s, and merinos changed hands at from 9s 7d downwards, Pigs— -A large and varied entry brought forward, which met with a good demand. CANTERBURY RAM FAIR. Cheistchuech, March 20. The annual Canterbury ram fair which was held to day, was very successful. In consequence of the dryness of the season the prices realised were not up to the usual standard, but a large proportion of the rams were sold at good average prices. Best quality Lincoln rams sold at 11 guineas to 50 guineas, English Leicester from 3 guineas to 8 guineas. A I large number of Border Leister rams found considerable favour with buyers some of them fetching up to 15 guineas each, and 5 guineas being the general figure. Merino rams sold at a disadvantage, buyers of that class of stock

being absent, The sale of ewes was very limited. Among the sales made were— On account Mr Thos, Palmer—l two-tooth Lincoln ram, Jas. Johns; 2 do, llgs each, Jas. Johns; 1 do, Jas. Johns ; 4 do, 3gs each, Jas. Johns; 10 do, each, Jas. Johns; 2 do, 2igs each, Aynsley ; 1 do, W. Trotter. On account Mr A. M. Clark, Temuka—l English Leicester ram, sigs, Wright; 1 do, P. Henley ; 1 do, 3gs, P. Henley ; 4 do, 3£gs each,) J. H. Saxton; 3 do, 4igs each, J. Sharp. On account N.Z. and A. Land Company, Levels—4o merino rams at each, M. Dixon. On account Mr E, Kelland, North Down, Timaru—s English Leicester rams, each, J. Knight; 5 do, 3igs each, W. Grant; 5 do, 3gs each, R. Stewart; 5 do, 3gs each, W. Grant; 5 do, 3gs each, D, and A. McEarlane, Messrs J. G. Ruddenklau and W. Grant were the purchasers o£ a number of rams at various prices.

DUNEDIS PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat —Only a small lot of the new grain has come to hand. Eor prime samples last week’s prices are being ■ obtained, but millers are buying \ sparingly, and no doubt prices will ease off a little as the supplies increase. Quotations : —Prime new tuscan, 3s Id to ,3s 2d; best velvet, 2s 9d to 3s; medium, 2s 5d to 2s 7d; inferior, Is 9d to 2s 3d, Oats Owing to the moderate quantity of these as yet on the market last week’s prices are still obtainable ;

millers are holding off. At auction this week a fair sample of long tartarians brought Is G^d; prime bright milling, Is 5d to Is Gd ; best leed, Is 4l?d to Is 5d ; medium to good, Is 3d to Is 4d; musty, Is to Is 2d; black, Is 4d (sacks extra, ex store). Barley—A demand exists for malting only. Quotations : —Prime malting, 3s to 3s 3d ; medium (nominal), 2s Gd to 2s 9d ; inferior, Is Gd to Is 9d (ex store, sacks extra). Grass Seeds-—Ryegrass (farmers’), 3s to 3s 9d ; machine dressed, 4s to ss; cocksfoot (inferior), 2|d to 2|d; bright heavy seed, to 4d. Potatoes—Best Oarnaru derwehts, £3 10s to £3 15s; kidneys, very hard to sell, £2 10s.

Figs—Best bacon sizes, 3fd ; others hard to quit at 2£d to 3£d; hams, 8d ; rolls and flitches, Gd. Chaff Well cut heavy oaten sheaves, £2 10s to £2l2s Gd; ordinary, £1 17s Gd to £2 ss. Straw, (oaten and wheaten), £l 15s. Hay, oaten, £3 ; clover and ryegrass, £3 ss, Butter—Prime salt, 7d; medium, neglected; fresh, plentiful. Eggs, scarce. Honey, 4|d to sd. CheeseFactory, 4d to 4^d; Akaroa, to 5d ; loaves, 4*d. Sheepskins—On Tuesday country dry crossbreds, inferior to medium, fetched Is 5d to 4s Gd ; do do merino, Is 4d to 3s 8d; medium to fullwoolled crossbreds, 4s 7d to 6s 9d; do do merino, 3s 9d to Gs 3d ; dry pelts, 3d to Is 2d; green crossbreds—best, 3s Id to 2s 7d; good to medium and inferior, 2s 5d to 2s; green lambskins, 3s lid to 2s 3d. Hides—The market continues active at late rates. Prime heavy ox, 3d to 3id; medium, 2£d to 2|d ; light, 2d ; inferior and cut, l£d to ifd per lb. It is reported that 1000 bags of this season’s oats were sold at Invercargill at is 2d per bushel.

DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was transacted : Pat Cattle—2lo head of all sorts yarded, the greater portion being small and of indifferent quality. The demand was dull except for very prime, Best bullocks sold from £7 to £8 • medium, £1 10s to £6; inferior’, £2 10s to £3 10s. Among the lines sold were for John Murray (Orari estate), 3 bullocks at from £7 7s 6d to £6 12s 6d, 2 cows at £6 15s, Pat &heep—2222 yarded. There was a steady demand all through the sale, and all were cleared at about equal to last’week’s rates. Best crossbred wethers sold from 12s 6d to 16s 3d; ordinary, 9s to 11s; crossbred ewes, 11s 6d to 13s; ordinary, 6s 6d to 10s, J Pat Lambs—4o2 came forward, and prices showed an advance of from Is to Is 6d on last week’s prices. , iEighiy-cmo forward, about halt being suckers, for which there was a poor demand ; the balance were stores and baconers, for which there was keen competition. Baconers sold from 43s to 335 ; porkers at from 25s to dOa; slips at from 21s to 22s • suckers at 7s upwards. ’ ENGLISH MARKETS. m, t , London, March 19. ihe total quantity of wheat and 9°finn ™°n at f ° r tha United Kingdom is 4600,000 quarters, and for the Continent 496,000 quarters, The Amensaa is es “ at Bank ofNew Zealand shares, £7 10s; National'Bank of New Zealand, £2. r i? rg ° of wheat > ex Chili, from •Lyttelton, has been sold at 34s 3d.