COMMERCIAL.

Temuka Leader, Issue 2035, 19 April 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per N. P. Meyer*, Secretary), for the week ending Friday, April 11th:— The weather at time of writing promises rain, hut we have of late had so many appearances of wet, which have passed off, that farmers have lost faith in the uaual sign. Rain is badly wanted, both for the pastures and what root crops there are. The markets generally have shown but slight alteration on the week. Wheat is enquired for, the tonnage available having an effect on the demand. Of the shipments going forward probably one half is on growers’ account, Farmers are inclined t@ sell locally, and end their responsibility, but cannot in many cases bring themselves to accept the prices offering Oats —The demand is ; slight, and no alteration is values can be noted, farmers preferring to feed the grain in preference to selling at quotations Barley—l he same remarks as to supply and demand noted last week apply; if anything, prime malting samples are somewhat scarce. Peas —Prussian blues, hand-thrashed, meet with a good enquiry ; also white peas for splitting purposes. Beans—There is a good enquiry for export, but sellers are asking more than buyers are inclined to give. Grass Seed— But little doing in either rye or cocksfoot. Potatoes—A few sales for forward delivery have taken placeThe crop seems to be very irregular, and it is difficult to arrive at an approximate yield. The following are our quotations for the week : Wheat Prime tuscan, 2s lid, extra choice line Id extra; pearl, 2s 9d; hunters, 2s 8d; chickwheat, whole, 2s 4d ; broken, 2s. Oats —Milling, Is 7d ; short stout heavy feed, Is 6d ; inferior and long, Is 4d to Is sd. Barley—Prime malting, 3s; medium, 2s 6d to 2s 9d ; feed, Is 9d. Peas—Prussian blues (true), 3s. Beaus—2s 7d. Grass Seed - Ryegrass, machine dressed, 4s 9d to 5s ; farmers’ clean samples, 3s to 4s according to quality. Cocksfoot—Bright heavy clean samples, 3£d to 3id ; light and discolored, 2fd to 3d. Potatoes Derwents for forward delivery, £2 ; kidneys, 355, Dairy Produce—Unaltered. The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday all sorts of stock showed a falling off in numbers and quality. Fat Cattle—A large entry, including some really prime beef. The demand was almost entirely a local ons. Last week’s prices were not improved upon. Prime beef may be quoted at 17s 6d per 1001 b, and second-rate at 14s 6d to 17s. Fat Sheep—An average number yarded. There was a scarcity of really prime sorts. The demand for the best sorts was quite equal to late sales, but inferior sorts hardly held their own. No alteration in values took place,— Among the lines sold were for Mr A. M. Clark, 49 ewes at 13s lid, 32 do at 13s Id, 32 do at 12s lOd, 29 do at 13s 2d, 29 do at 12s lid ; for Mr J. Grant, crossbred ewes at 9s 5d to 9s 7d. Fat Lambs—The pick of the entry made from 13s to 17s, Second-rate lambs were neglected, and a good few lots were passed in. Pigs A consignment from the North Island realised satisfactory prices, but others were extremely dull of sale, and a decline of nearly 5s a head had to be accepted. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—ln wheat there is a much larger extent of business being done than at this time last year, both millers and shippers operating. Prices, however, are not very encouraging, neither do they show any material signs of imp'ovement. The fact that the grain generally is in a much better condition for shipping no doubt accounts for this in some measure. Best milling tuscan, 3s Id to 8s 2d (ex store) ; best velvet, 2s lOd to 3s; good red straw, 2s lOd to 2s lid; medium, 2s Sd to 2s 9d ; inferior milling and good fowl feed, 2s 3d to 2a Gd. Osts—OF oats there has been a largo quantity offering, and to clear these a further red action in prices has had to be accepted, primest samples being only quotable at Is 5d per beshel (sacks extra). Shippers’ limits at the present time appear to be about Is (sacks 6 l), and at this quotation large quantities have been offered and purchased during the early part of the week. At the auctions a good few lots were passed, and for those sold tho last mentioned price was about the top figure, ordinary to good feed Is to is 4d (sacks extra). Barley Barley has been less in request tin's week than for the previous fortnight, rnd very little business has been done. Beat malting lines at 3s to 3s 3d; medium class (nominally), 2a 8d to 2s 9d ; inferior, 2s to 2s 6d (ex store, sacks extra). Grass Seeds Eyegrass, farmers’, 3s 6d to 4s; maehine-dressed, 4s to 5s ; Poverty Bay, 6s Gd to 7s. Cocksfoot : The autumn demand has now ceased. Heavy clean seed, 3|d to

4|d; light seed, 3d to f.o.b., Lyttelton. Potatoes Best Oamaru derwents are coming sparingly to hand, which are selling at £3 10s to £3 15s, as per quality. Pigs—2|d to 8d ; hams, 8d ; flitches and rolls, 6d to 6^d. Chaff— Q-ood heavy eaten sheaf (if riddled), £2 7s 6d to £2 12s 6d; lighter sorts. £1 15s to £2. Onions—Best Canterbury, £5 to £5 10s- Carrots, 40s per ton. Straw Oaten and wheaten, 355. Hay, oaten, £3 to £3 5s ; clover and ryegrass, £3 5s to £3 10s. Batter—Best salt, 7id to Bd. Eggs, in fair demand and scarce. Honey, 5d per lb. Cheese: Best factory, 4d; loaves, 4?? d ; Akaroa, 3-|d; loaves, 4d. Sheepskins —On Tuesday fallwoolled country skins brought 4s 6d to 5s 6d; other descriptions, 2s to 3s 6d ; butchers’ best green crossbreds, 3a to 3s 6d; exceptional lots, to 3s lOd; medium, 2s 8d to 2s lOd ; inferior, to 2s 6d ; lambskins, 2s 6d to 3s 6d. Hides Prime conditioued heavy hides, 2fd to 3d per lb ; medium to heavy, 2£d to 2£d per lb ; light, to 2d ; inferior, Ifd to Ifd. Tallow Good rendered mutton tallow, ,15s to 17s per cwt; inferior and mixed, 12s to 14s; best rough caul fat, 11s 6d to 12s 6d ; butchers’ ordinary rough fat, 9s to 10s.

DUNEDIN STOCK MARKET. At the Burnside Yards on Wednesday the following business was trans; acted:— Eat Cattle—2o2 head submitted. A t the opening of the sale there was a better demand than last week, and prices were marked by an improvement of from 5s to 7s 6d per head, but this was not maintained throughout. Best bullocks (there were verv few especially heavy) brought £7 5s to £8 15s; average weights, £6 to £6 10s; light, £4 15s to £5 5s ; cows and heifers, £3 to £6. There were sold for Mr J. W. Greenaway (Bulmer), 14 steers and heifers at up to £5 16s 6d. Eat hheep—2997 penned, of which about 270 were merino wethers. At the opening of the sale freezers sold at an advance of 6d per head compared with last week, but towards the close of the sale this advance was lost. Crossbred ewes all round were more in buyers’ favor. The top price of the day (14s 3d) was obtained for a grand pen of two-tooth crossbreds. Best wethers may be recorded as selling at from 13s to 14s 3d ; medium weights, 12s to 12s 6d ; light, 10s 6d to lls 6d ; heavy weight ewes, 11s to 12s 6d ; extra heavy, to 14s ; light to medium, 7s to 10s ; merino wethers, 4s to 10s 9d. J here was sold for Mr W. Grant (Elloughton Grange), 34 crossbred ewes at 9s, 2s at Bs. Eat Lambs—492 penned. Best lots brought 8s 6d to 10s ; medium, 7s Gd to 8s ; inferior, .6s to 7d. Pigs—Suitable weights of prime quality sold better in proportion, but prices all round were very much lower, the drop in some instances being equal to 4s or 5s per head. Extra heavy weights brought 4Ss to 52s ; good carers’ weights, 40s to 45s ; porkers, 28s to 335; stores, 18s to 24s weauers, 5a 6d to Bs. ENGLISH MARKETS. London, April 16. The Bank ot New Zealand shares, new issue, aro quoted at £8 ss. Eoreign demands sustain the wool market. Prices are unchanged, but the outlook is more hopeful.

The wool market is brisk. Scoured merino is Id, good greasy sorts and inferior greasy Id, below the prices realised at the February sales. Prices for crossbreds and lambs are unchanged. Bar silver, 3s 9d. The quantity of wheat afloat for the United Kingdom is 2,670,000 quarters, and for the Continent 660,000 quarters. The American visible supply is estimated at 26,1441,000 bushels. A general advance of 6d lias taken place in the English wheat market. The Continental wheat market is steady, and the American is steady. The. New Zealand. Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated April 15 h : Wool Since close of last sale greasy merino has declined per lbs scoured merino, Id to per lb ; and clothing and combing washed merino, gd to Id per ]b, For fine crossbred the market is unchanged, and coarse crossbred the market is easier ; lambs, market unchanged. Competition by. both Horae and foreign buyers is fairly active. The total quantity catalogued to date is 36,000 bales, of which 3000 bales have been withdrawn. Wheat —The market is slightly better, New Zealand, f a.q., is worth, e-i.f., to arrive, 33s 9d per 4801 b, February-March bill of lading. Other quotations unchanged.