COMMERCIAL.

Temuka Leader, Issue 2041, 3 May 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.! . The following is the Corn Exchange I report (per N. P. Meyers, Secretary),' for the week ending Friday, May 2nd:— ' On the whole there is a somewhat i better tone noticeable in wheat, owing; probably more to the ! depletion of; stocks than to any marked increase in values. Much difficulty is experienced' in getting trucks at country stations, and this, where shipment by. a particular vessel is required, means perhaps the loss of a market, though the 1 department endeavor to give preced-; ence to shipping orders. Storage is l difficult to obtain in Lyttelton, as oven with the large output the grain coming forward is apparently testing the Port’s storing capacity to the utmost. With respect to oats and barley last week’s remarks apply. In peas and beans the market is listless. An exception must be made, however, in the demand for prussian blue peas for culinary purposes. Grass seed; No demand can be ' looked for until spring, when, as stocks will be short, prices will be maintained. Potatoes: In derwents business has been done at 40a per ton at country stations, but buyers seem disinclined to operate except at a concession on this price. Dairy produce unaltered. The following are our quotations for the week

Wheat - Tuscan, 2s lid to 3s; pearl, 2s lOd; hunters, 2s 8d to 2s 9d ; chicken wheat, whole, 2s 2d to 2s 4d ; broken, 2s.

Oats—Milling, Is 7d; short stout feed, Is 6d; inferior and long. Is 4d to Is sd.

Barley Prime malting, 8a ; medium, 2s 6d to 2s 9d,; feed, Is 9d. Peas—Prussian blues (true), 3s. Beans, 2s 7d.

Eyegrass—Machine-dressed, 4s 6d to 4s 9d; farmers clean samples, 3s to 4s. Cocksfoot: Bright heavy seed up to 161 b weight, 4d; lower grades, 3d to according to quality j light and inferior, 2d to 2|d. Potatoes Derwents for forward delivery, 37s 6d to 40s at country stations; kidneys, 30s to 32s 6d. Dairy Produce—Butter,, 6£d to 7d; cheese, loaf, 3|d ; large size, 3d. The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra, potatoes excepted.

CHRISTCHURCH STOCK MARKETS. A.t the Addington Yards on Wednesday the attendance all day was good, but owing to the small entries and high values, not a great amount of business was transacted. Fat Cattle—Little or no improvement was noticeable either in numbers or quality. There was more inclination shown to do business on the part of butchers, and last week’s quotations hardened somewhat. A few young bullocks made from £7 to £B, but cows formed a considerable part of the entry. Best boef may be quoted from 17s to 18s 6d, and inferior 14s to 16s. Fat Sheep—A fair entry, consisting of a good few heavy weight crossbred wethers and a good few inferior ewes. The sale started well but a slight declide in values took place, until a drop of about 6d a head was noticeable. There wore sold: For the Levels Estate 88 crossbred ewes from 12s 7d to 13s lid and 40 at 14s 3d te 14s 8d ; for Mr E. El worthy, 120 crossbred ewes at 12s 9d to 14s sd. Fat Lambs—Just about sufficient to meet the trade requirements were yarded, and prices showed little improvement, ranging from 7s 3d to 13s 6d. Store Cattle—Another inferior lot yarded, none of which were calculated to excite competition. Only four pens of young were present, and for these a slight advance oh late values was obtained. Old stock was, as usual, hard to dispose of, but a general clearance was effected. Dairy cattle were not so numerous as at last week’s sale, and anything like a decent springer was well inquired for. Store Sheep—A small entry. Prices were about on a par with last week’s rates, except for store lambs, which sold a shade better. Pigs—An enormous entry/including a lot of good pigs. All sorts were 1 again dull of sale.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Grain—Wheat is in steady demand, and continues firm. The quality of really prime offering is limited, and in consequence slightly higher prices are being asked and obtained. Medium is more difficult to place, except at prices which holders hardly feel justified in accepting. Fowls’ wheat is scarce, and, with a good demand existing’ prices show an upward tendency! Quotations are-For prime tuscan, 3s 2d to 3s 3Jd ; prime hard velvet, 3a to 3s 2d; best red wheat, 2s lOd to 3s ; medium to good, 2s 8d to 2s 10d • broken and inferior to medium, 2s to 2s 7d (ex store, sacks weighed in terms). ’ Oats—A slightly better demand has been experienced during tbe past week, but the quantity disposed of is insignificant considering the heavy consignments coming forward. With R 0 many growers anxious to quit, the market quickly gave way, sellers finding it impossible to effect sales except at reduced prices; but we scarcely think that any further reductions need be submitted to. Prime milling at Is d 2 d to Is 5d ; best short bright feed, Is to Is Id ; medium, Is 2d to la 3d (ex store, sacks extra).

Barley—The market for this cereal continues very quiet. A few sales are still being'effected,'btit only the very best offering, at from 3s to 3s 3d, any other having little or no attention. Potatoes Oamaru derwents, £3 12s 6d to £3 15s. Onions—£s to £5 10s. Figs—Hard to sell, to bams, 8d ; rolls and flitches, 6d. Chaff—Bright heavy oaten, £2 7s 6d to £2 12s 6d. Turnips, 30s, Carrots, 355. Straw—Oaten.and wheaten, 30s to 355. Hay, oaten, £3; clover and ryegrass, £3 ss. Butter—Prime salt, nominal, Bd. Eggs, scarce. Honey, 5d per lb. Cheese—Factory, 4d to Akaroa, 3|d to 4d; secondfqualifcy, 3d. Grass Seeds—Ryegrass, 3s to 5s 6d; cocksfoot, 3id tb 4£d. Sheepskins—There was a large attendance of . buyers at the usual auction sale on Tuesday. Competition was very active, but prices were only level with last quotations. Country dry crossbreds, inferior .to medium, brought Is 5d to 4s 2d; do do merino, I Is 3d to 3s 9d ; full--woolled crossbreds, 4s 3d to 6s 9d ; do do 1 merino, 4s to 6s 2d; dry pelts, 3d to Is 2d; butchers’ green crossbreds—best, 4s to Bs 6d ; good to medium and inferior, 3s 5d to 2s 9d , green merinos, 3s to 2s 6d ; lambskins, 3s lid to 2s Bd. Hides—There is no change in the market. For best heavy weights, free from scars and offal,; 2|d to 3d; medium 2id to 2£d ; light, 2d to 2£d ; inferior, l£d to l|d per lb. Tallow—For medium to good, 15s to 17s; inferior and mixed, 12s to 14s 6d; rough rat—beat, lls 6d to 12« 6d, inferior to medium, 8s 6d to 10s 6d per cwfc.

DUNEDIN BTOOK MARKET, At the Burnside Yards on Wednesday the following business was transacted:— Fat Cattle—2o3 head, principally medium quality, yarded, but prices showed no improvement. Best bullocks brought from £7 10s to £8 15s; medium, £5 10s to £7 ss; light and inferior quality, £3 to £5, Fat Sheep were merino wethers, and the balance crossbreds of all qualities. The demand was fairly good at the start, but fell off considerably towards the end. Best crossbred wethers brought 12s 6d to 14a 3d; medium, 9s to 12s; best ewes, lls to 12s 3d; medium, 7s to 10s; merino wethers np to 6s 3d. Fat Lambs amongst which there were some pens of first-class quality, for which the competition was good, selling at from 9s 6d to 12s 6u; medium quality was dull of sale, at from 4s to Bs,

Pigs prime porkers and bacon pigs. Competition was dull, and a further decline in prices had to be submitted to. Suckers sold at from 5s to 8s; stores, 17s to 21s; porkers, 27s to 31s; baconers, 34s to 445, and a few extra heavy up to 495.

Store Cattle—The business doing in these at the moment is only on a limited scale. A good many graziers are turning their attention to sheep, and this doubtless is tending in the meantime to lessen the demand for store cattle. A little further on, however, it is anticipated that a slight improvement may be expected. Store Sheep—The demand for aged sheep has considerably toned down lately, but there is still a good deal of inquiry for young merino wethers and ewes, also for good crossbred wethers and lambs ; but there are so very few of either offering that transactions are within a very small compass. Crossbred wethers, 2-tooth, from 7s 6d to 13s ; crossbred e wes, full-moth, 7s lid to 13s 6d; 4-tooth weathers, 10s 6d ; broken ewes, 4s. ENGLISH MARKETS. London, April 29. The price for: good wool remains steady; Medium rnd inferior are depressed. New: Zealand cheese: ex steamer Duke of Westminster is quoted at 45s to 48s ' Tallow, mutton. 24s Gd to 25s ; beef, 23s 6d to 255. Hides, 3id to Sid.per lb.