COMMERCIAL.

Temuka Leader, Issue 2032, 12 April 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, April The Easter holidays have interfered considerably with business, and transactions have been limited. Wheat still continues to go forward to London on owner’s account, as the prices offered by buyers are a shade below anticipated returns; the margin, however,is very small and by no means certain, as there is always a proportion of a cargo that does not turn out well, and this brings down the average’ price. Oats are quiet, the only demand being for stout milling and seed tartarians, the latter true to name, and not the hybrid varieties shown as tartars. Barley—The market is unchanged ; but few samples of prime malting are offering, whilst of second quality and feed there is a superabundance. Beans are coming forward freely and the season’s sample will be above average, more attention having apparently been paid to threshing. Grass Seed is somewhat slacker. Potatoes—Dorwents : Great difference of opinion exists as to values, which will be ruled by the crops in the sister colonies. Sales that have been made have been of a purely speculative nature, and values will not be determined till later on. Dairy produce unchanged. The following 'are our week’s quotations : Wheat Tuscan, 2s lid- pearl, 2s 9d; hunters, 2s 8d; chick wheat (whole), 2s 2d to 2s 4d ; broken, 2a. Oats—Milling, Is 8d ; short stout feed, Is 7d ; inferior and long, Is 4d to Is sd. Barley— Prime malting, 3s; medium, 2s 3d to 2s 9d ; feed, Is 9d. Beans —2s 6d. Peas —Prussian blues, 3s for carefully threshed samples ; broken, 2a 6d to 2s 9d. Graaa heed Eyegrass, machine dressed, 4s 9d ; farmers’ clean parcels, 4s to 4s 3d. Cocksfoot—Bright heavy clean samples, 3fd to 4d; light and discolored, 2|d to Bid.

Dairy Produce—Butter, 6|d to 7d ; cheese, large sizes, 3d to loaf shape, 4d. The above prices are those paid to farmers for delivery f.0.b,, Lyttelton, sacks extra. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday the amount of stock passed through the yards showed an increase even on last week’s market. Pat Cattle—An entry consisting of about equal numbers of fat and secondrate cattle was yarded. Towards the end ot the sale it became evident that the supply was somewhat in excess of the demand, and there was a slisht drop m prices. Best beef may be quoted from 17s to 18s per 1001 b, and interior at a proportionate rate, Pat Lambs— There was a slight fall in values, which was especially noticeable in second-rate sorts. Pat Sheep—Scarcely enough yarded to meet the demand, which was fairly

keen throughout the sale. A lino of grand crossbred wethers, made from 18s 9d to 21s a head, which for this time of year is quite unparalleled. Best mutton may be quoted at 2|d per lb. Among the lines sold were for Mr A. M. Clark. 50 crossbred wethers at 17s 3d, 25 at 16s lOd, and 32 at 16s ; for the same owner 40 crossbred ewes at 16s, 85 do at 15s 6d, and 42 do at 15s. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—The market continues quiet but steady. A moderately fair demand exists both for local trade requirements and shipping. Tuscan and white velvet, also red straw, in suitable condition find buyers at about equal to late rates. G-ood whole fowl wheat has a fair enquiry. The quantity available up to the present is not by any means heavy. 'We quote best i milling tuscan, 3s Id to 3s 2d ; best do velvet, 2s lOd to 3s ; medium, 2s 6d to 2s 9d ; inferior to medium, Is 9d to 2s 5d (ex store). Oats—Deliveries are now assuming larger dimensions, and the demand is not particularly brisk, except at a reduction on last week’s quotations. Buyers continuing to purchase with caution in anticipation of considerable decline m values. Quotations : Stout bright milling, Is s|d to Is 6d ; short bright feed, Is 4|d to Is 5d ; inferior to medium, Is Id to Is 4d ; extra good long tartarians, fit for seed, Is 6|d to Is 7d. Danish and black are neglected. These prices are ex store, sacks extra. Barley—Maltsters are indisposed to make purchases beyond their actual requirements, and there being no demand the business doing is limited. Quotations: Prime malting,3s to 3s 3d; medium, 2s 6d to 2s lOd; inferior to medium, hard to place at Is 6d to 2s (ex store, sacks extra). G-raas Seed Ryegrass, machine dressed, 4s 3d to 4s 9d j undressed, 2s 9d to 3s 6d (ex store, sacks extra). Cocksfoot seed market unchanged at 3d to 4H per lb. Potatoes—Quotations are, for derwents, best, 70s to 72s 6d; medium, 60s to 67s 6d ; inferior and kidneys, 30s to 50s per ton.

Pigs— to 3|d for best outers 1 ]; hams, 8d; flitches and rolls, 6d. Chaff—Heavy oaten, £2 2s 6d te £2 7s6d; light and inferior, £1 Isg to £2. Carrots, 40s. Straw Oaten and wheaten, 355. Hay—Oaten, £3 5s ; clover and ryegrass, £3 10s. Butter-Salt, less demand, 7id to Bd, nominal. Honey, 5d per lb. Cheese—Factory, 4d ; Akaroa, 3£d to 4d. Sheepskins These are in good demand. On Tuesday country dry crossbreds, inferior to medium, brought Is 4d to 4s 2d ; do do merino, Is 3d to 4s Id ; dry pelts, 4d to Is 2d ; green crossbreds ; best, 4s to 3a ; good to medium and inferior, 2s lOd to 2s 4d; green lambskins, 3s 9d, to 2s 6d. Hides For prime • conditioned heavy weights, 2|d to 3d ; medium to heavy, 2*d to inferior, to l-|d per lb. Tallow—The market remains steadv. The quantity offering is limited, and for all coming to hand sales are easily effected. _ Medium to good, 15s to 17s; inferior and mixed, 12s to 14s; rougli fat: best, Us 6d to 12s 6d • inferior to medium, 8s 6d to 10s 61 per cwt. DUNEDIN STOCK MARKEU. At the Burnside Yards on Wednesday the following business was transacted ;

Fat Cattle—27l yarded, the greater portion of which wore good to prime and some very heavy weights, the others being only very ordinary quality, including a good many cows. Competition lacked spirit. Best bullocks brought £7 10s to £8 10s, one or two pens extra heavy, £9 10s to £l2 3s 6d; medium to good, £5 to £7 5s ; light weight, £3 7s -0d to £4 15s; cows, from £2 17s 6d to £8 10s. Among the lines sold were for Mr J. M, Greenaway (Buhner), 7 bullocks at from £6 15s, 6 bullocks at £6 12s 6d to £4, 1 heifer at £5 2s 6d, 7 bullocks and heifers at £5 17s 6d.

lat Sheep—362s penned, including 200 _ merino wethers, indifferent quality; all the wethers fit for export found purchasers at nearly up to last week’s rates ; but for ordinary quality, both wethers and ewes, there was a slight drop. Best crossbred wethers brought 12s 6d to 14s 9d ; ordinary to good, 9s 6d to 12s ; best do ewes, 11s to 12s 6d, one pen to 13s 6d; inferior to medium and good, 6s 9d to 10s 6d ; merino wethers, 4s 3d to 6s 9d. Among the lines sold were for Mr W. Grant, Timaru, 31 crossbred ewes at 11s 6d, and 31 at 9s 9d. Pat Lambs— 378 were penned, and prices were fully equal to last week’s. Best brought 8s 9d to 10s 6d, others §a 9d to Bs. Pigs—l2l penned, comprising all sorts. Prices were in favour of buyers. Suckers brought 6s to 8s 6d ; stores, 15s 6d to 24s ; porkers, 26s to 355; baconers, 42s to 525; extra heavy, to 60s. ENGLISH MARKETS. London, April 8. The wheat crop has been greatly damaged by unfavorable weather. JS r ew Zealand butter this season is of inferior quality, and its reputation is suffering.

April 9, All available wools for the April sales are included in the list, which is now closed. It is expected that prices will rule lower than at last sales. The total number of hales available is 385,000. Tallow, mutton, 24s 6d to 255; beef, 245.