COMMERCIAL.

Temuka Leader, Issue 2038, 26 April 1890, Page 4

COMMERCIAL.

CHEISTOHURCH CORN EXCHANGE. The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, April l 25th:— There is but little change to report on the markets for the week, -Considerable shipments of wheat are going forward to the United King-; dom, and though latest prices are somewhat conflicting a slight* rise would appear to have taken place in London. Wheat is in slightly better demand, though prices have not advanced appreciably. Longberried is most enquired for. Oats—Farmers decline to sell at present and speculators cannot see any reason to make better offers in the face df no outside enquiry. Seed tartars may be noted as an exception to the general dull demand, whilst really inferior sorts are almost unsaleable. Barley— Maltsters decline to purchase medium’ quality, and there is consequently considerable difference of opinion as to the value of most of the parcels offering, which do not come up to malting standard, Beans As* the only outlet is the London market buyers base their offers on the present value there, which will not admit of an increase in quotations. Peas—The usual demand for the foydney market for prussian blues continues. Grass Heed—Being the off season, but little enquiry can be noted. The high prices ruling for ryegrass seed ! has caused supplies to be supplemented from outside sources. Cocksfoot,, it really prime heavy seed, is saleable at full rates. Potatoes are sbmewhateasier, the speculative spurt shown in some quarters last week having somewhat abated. Dairy Produce—Prices (except for fresh butter) remain unaltered. Whilst factory-made commands the top price in our retail shops, it does not appear to stand “ keeping,” or at any rate the voyage home, if one may judge by the results of shipments made by a local factory which have lately been made public. The following are our quotations : Wheat Tuscan, 2s lid to 3s; pearl, 2s 9d to 2s lOd; hunters, 2s 8d to 2s 9d; chicken wheat: whole, 2s dd; broken, 2s. Oats—Milling, Is 7d; short stout heavy feed, Is 6d; inferior and lone. Is dd to Is sd.

Barley Prime malting, 3s; medium, 2s 6d to 2s 9d ; feed, Is 9d. Peas—Prussian blues (true), 3s. Beans, 2s 7d.

Grass Seed—Ryegrass, machinedressed, ds 6d; farmers’ clean samples, 3s to dd, according to quality. Cocksfoot—Bright heavy clean samples, to 3fd; light and discolored, 2-fd to 3d.

Potatoes—Derwents, dOs at country stations.

she above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra, potatoes excepted. CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday there were small entries of stock, Fat Cattle—Scarcely sufficient to meet the demand, the major portion were really first-class bullocks, which received considerable attention at the hands of butchers. Bidding was fairly brisk, and a rise of about Is per 1001 b may be quoted. Best beef 17s to 18s per 1001 b, and inferior at 14s to 16s 6d were the ruling,prices. Fat Sheep—The entry was a small one, but the quality was very good. The sale opened well, the first pen, which consisted of mixed crossbreds, reaching 18s Gd a head. Another line of extremely heavy wethers reached 18s'6d, 19s, and 19s 9d. A pen of enormous crossbreds made 21s each, prices seldom equalled. Among the lines sold were for Mr L. Walker, 37 merino wethers at 7s 6d, 33 do at 5s 9d ; for Mr Quinn, 21 crossbreds at 17s 6d to 21s, 39 crossbred ewes at 13s to 15s. Fat Lambs A medium lot varded, with prices on about a par with previous sales. Prices ranged from 7s 3d to 14s 6d. Store and Dairy Cattle—Very little business was done in either store or dairy cattle. . ~ DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—The market does not display very much animation, but there is an idea prevailing that best milling wheat is more likely to improve in value than otherwise ; and, although buyers are disinclined to further advance on late current rates, this week they seem more anxious to secure all suitable lots offering, especially velvet and tuscan the latter in particular —than they have hitherto done Medium quality, if only slightly tough, is almost unsaleable, either for milling or export, except at prices which could only be very unsatisfactory to growers. Nearly all the wheat suitable for feeding being now disposed of, and hardly any coming forward, this class has an improved demand, and must ere long command h'gher prices. Best milling tuscan ds Id to ds dd; beat do velvet, 2s lid to 3s Id ; medium, nominal, 2s 7d to 2s lOd ; broken and inferior to medium, 2a to 2s 6d (ex store). Oats stocks are now assuming considerable dimensions, and consignments are still coming to hand freely but the demand has for the moment almost collapsed. At auction only

-three-small lots were placed out of a' considerable number of lots i catalogued, the top price being Is 4d for very good r>milling oats; fair feed, Is Id to Is 3id. Sellers, however, are not inclined to push sales in the meantime at these prices. At the same time shippers seem to be unable to operate to any great extent at above those, and until their own supplies in Australia are somewhat reduced we can hardly look for any material ; change in the position. Prime milling, Is 6d to Is bright feed, Is 4|d to Is s£d; medium, Is 2d to Is 4d (sacks extra, ex store). Barley—A,considerable quantity of this cereal is now offering, chieflv medium to inferior quality, only a small proportion good malting quifity. Prime malting, 3s to 8s 3d ; medium, nominal, 2s 6d to 2s lOd; feed and milling, nominal, Is 9d to 2s 6d (ex store, sacks extra)., . Grass Seed—-The market for ryegrass seed is much quieter. Machinedressed, 4s 3d. -to 4s 9d ; undressed, ,2s 6d to 3s 6d (ex store). Cocksfoot —A few sales are, being effected at from 3d to 4^.per lb. Potatoes—Derwents, £3 12s 6d to £8 15s. ; Pigs—Best, 3|d for curing; other sorts, 2|rd to 3d. Hams, B|-d ; flitches and rolls, 6d to 6£,d. Onions, £4 to £5 10s; chaff, best heavy oaten, £2 10s to £2 12s 6d; turnips, 30s;. carrots. 405,; straw; oaten wheaten, hydraulic prdssed in bales, 35s ; hay, oaten, hydraulic pressed, in bales, £3; clover and ryegrass hay, hydraulic pressed in bales, £3 ss. * Eggs, scarce.and rising; honey, 5d per lb. Cheese—Factory, 4d; loaves, 4id ; Akaroa, 3|d; loaves, 4d. Sheepskins—The market continues active. ■ Butchers’ green skins, best crossbreds, fetched from 4s to 3s 6d ; good to medium and inferior, 3s 5d to 2s 9d‘;‘ green lambskins, 3s lOd to 2s 6d ; country dry crossbreds, inferior to medium, Is 6d to 4s 3d ; do do merino, Is 4d to 3s lOd; fullwooiled crossbreds, 4s 6d to 6s 3d ; do do merino, 4s Id to 5s lOd; !drypelts, 2d to Is 3d. Hides—The market continues firm at late rates. For prime-conditioned heavy weights, 2fd to 3d ; medium, 2id to 2ld ; light, 2d 1 o 2|d ; inferior, to Ifd per lb. Tallow—-There is no improvement, to good, 15s to 17s ; inferior and mixed, 12s to 14s 6d ; rough fat, best, ils 6d to 12s 6d; inferior to medium, 8s 6d to 10s 6d per cwt, DUNEDIN STOCK MARKET, At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—For to-day’s sale 213 head were yarded. The demand was weak, owing no doubt to the fact that several butchers held supplies from last week. Best bullocks sold at £7 15s to £9 ; ordinary, £3 15s to £6 15s; cows and heifers, £2 10s to £6 ss. The prices were about 5s lower than last week. Fat Bheep-—The market to-day was well supplied with 2541 crossbieds and 200 merinos; total, 2741. About half were wethers, several lines of which were ot extra nice quality; the balance consisted principally of old ewes, some useful mutton, and a few pens of extra prime maiden ewes. Bidding was fairly brisk, but except for prime lots suitable for freezing, prices on the average were no better than last week. Best crossbred wethers, 12s to 14s 6d; ordinary, 10s 6d to lls 6d ; crossbred ewes, 7s to 14s ; merinos 8s 9d. Fat Lambs—Only 382 penned. A few pens were very prime, the balance i mostly medium and inferior. Bidding j was brisk,, and prices ruled rather i better than last week. Best pens sold at 9s to 12s ; ordinary, 5s to 8s 3d. Pigs—277 penned. These represented all descriptions, but consisted principally of porkers and baconers. Bidding was fairly active, but last ) week s quotations were not improved on. Suckers sold at 8s 6d to 10s 6d ; stores 17s to 24s ; porkers, 27s to 345; baconers, 37s to 465. Store Cattle—lq this class of stock there is no business doing at present. During the next month there should be a demand for lines suitable for turnip feeding. Store Sheep—There is a good demand for good crossbreds and for' young merino ewes. A large number of this class would find a ready market. For crossbred wethers there is an unlimited demand, and very few suitable lots are now offering. The prices ranged during the week from 3s 7d for crossbred ewes; to 12s for crossbred wethers, heavy weathers fetching IBs. Lambs sold at from 4s 3d to 5s 6d ; boiler ewes from 2s 9d to Ss; total number of all classes sold during the week, 3197. ENGLISH MARKETS. London, April 22. An Australian cargo of wheat was sold at 85s, At the wool sales the prices for good crossbred remain firm. Other sorts are flatter. April 23, Hides declining, 3d to 3id. Tallow-Beef, 23s 6d; mutton, 24s 6d. Ten cases of New Zealand apples ex P. and O. Company’s steamer Oceana have been sold at Bs. A shipment of pears rotted on the voyage. Two wheat cargoes of March and April shipment have been sold at 35s and 34s 9d respectively.

New Zealand Preserved Boiled Beef, 4£d. The total quantity of wheat and flour afloat for the United ,Kingdom is 2,600,000 quarters, and for the Continent 672,000 quarters. The Ameri,cap ' visible supply is 24,512,000 bushels. The wool market is, firm. At the sales to-day there was a good attendance, and animated competition. 1