COMMERCIAL.

Temuka Leader, Issue 2044, 10 May 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, May 9th:— The most noticeable feature on the week has been an enquiry for wheat at a price. Buyers are prepared to give a margin on the present outlook for extra prime lines, long-berried, as is usual in our export trade, being most in demand. Oats are not offering in any quantity, and farmers, confident that a demand must ultimately set in, even if only to feed sheep, decline to sell at prices now offering. Barley—A few transactions in prime lines have taken place, but the majority of the parcels on the market, being below maltsters’ requirements, have been neglected, Beans and Peas—A few enquiries for the former for export may be noticed. For peas, white sorts for splitting are wanted. Potatoes—Reports are somewhat more favorable as to the yield than were anticipated in some dis tricts, and the markets presents a slightly easier tone in consequence. Dairy Produce Unaltered. The following are the quotations for the week :

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

Barley—Prime malting, 3a ; medium, 2s 3d to 2s 6d ; feed, Is 8d : to Is 9d.

Peas and Beans—Peas, prussian blues (true), 3s ; beans, 2s 7d. Ryegrass— ftl achine-dressed, nominally, 4s 6d to 4s 9d. Cocksfoot— Bright heavy seed, 4d; light and discolored, 3d to 3id., Potatoes—Dements, tor forward delivery, 37s 6d to 40s at country stations. Dairy Produce—Butter, 6|d to 7d : cheese, small 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. At the Addington Yards on Wednesday stock of all descriptions was present in good force, and prices generally maintained the high standard which has been ruling lately. Pat Cattle—An entry of rather small dimensions, but of excellent quality. All through the sale, considerable animation was displayed, and although prices showed no improvement on last week’s rates, a general clearance was effected. Best beef made 16s 6d to 18s per 1001 b, and inferior 14s to 16s, according, to quality. Steers sold at £6 5s to £9 2s 6d; heifers, £8 17s 6d to £7 15s, and cows from £3 10s to £6 12s 6d, Pat Sheep—Again a small percentage of really prime sheep, ewes and inferior wethers forming the bulk of the entry. Late high rates were well maintained. Among the lines sold were: For the Levels Estate, 30 ewes at 13s 6d, 60 at 13s to 13s 2d, 46 at 11s 6d to 12s 7d. Pat Lambs—The greater part of the entry consisted of lambs of the best quality, and as much as 13s 6d, 14s and 14s 6d was obtained for the picked pens. Late values were well maintained, and in the ease of the best class an advance was noticeable. Among the lines sold were : Por Mr J. Grant, Timaru, 42 at 8s 9d and 30 at 5a 7d. Store Cattle—This class of stock was neglected, and what sales were made were effected at a sacrifice. Store Sheep—A good few first-class ewes were included in the entry. Por these there was a steady enquiry, and good prices were the result. Wethers and Jambs were not so much in demand, but a good few changed hands. Pigs —An enormous entry, the greater portion of which werebaconers. Competition was weak, and a drop on last week’s quotations was the consequence. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—Owing the favourable turn in the value of this cereal at Home, the local market continues firm, more particularly in regard to prime samples, which are readily placed at slightly increased rates. Stocks in agents’ hands or coming forward,. of really good quality, are limited and in demand, while a much larger portion of the consignments to hand now can, only be described as very medium, and these are accumulating. Fowls’ wheat continues scarce, and in consequence enhanced values are being obtained. Quotations are : Por prime tuscan, 3s 2d to 3s 4d ; best white velvet, 3s to 3s 2d; best red wheat, 2s lid to 3s Id ; medium to good, 2s 8d to 2s lOd ; inferior to medium, 2s 3d to 2s 7d (sacks weighed in, terms.) &

Oats-—A considerable quantity oE these found purchasers during the week but there has been no change in values, which remain now about the same as last week. Stocks are assumes large dimensions. At auction on Monday top price for bright milling was Is Is to Is black oats, Is (ali sacks extra). Barley-Only the choicest samples have any attention from maltsters. Medium is exceedingly difficult to place. Quotations: Prime malting 2s, ex store 2s 9d to Bs, medium, nominal.

Grass Seeds—Ryegrass, farmers’, 3s to 3s 9d; machine dressed, 4s to 5s 6d; cocksfoot, prime samples, 4d to 4fd ; other sorts, 3d to 3-|d. Potatoes—Market( glutted ; prices fell during the.week from 15s to 20s per ton. Present quotations, 50s. Pigs are now only saleable at 3d, as the market, is glutted ; hams, 1 8d ; flitches and rolls, 6fd. Chaff—Best oaten, heavy and clean, £2 7s 6d to £2 10s. . Turnips—3os per ton. Carrots, 35s per ton. Straw—Oaten and wheaten, 30s to 355. Onions—£s. Hay—Oaten, £3 ; clover and ryegrass,. £3 ss. Butter—Best salt has little enquiry. Reports from England are very discouraging. Honey— to sd. Cheese —Factory, 4d ; loaves, 4^d; Akaroa, large, 3f d ; loaves, Bfd to 4d ; second quality, 3d.

Sheepskins—On Tuesday butchers’ green crossbreds, prime, sold at 4s 3d to 3s 6d ; good to medium and inferior, 3s 5d to 2s 8d ; green merinos, 3s 6d to 2s ; lambskins, 4s to 2s 7d ; country dry crossbreds, inferior to medium, Is 3d to 4s 3d ; do do: merino, Is 4d to 3s 6 c 1; full-woolled crossbreds, 4s 6d to 6s 6d ; do do merino, 3s 9d to 6s 3d ; dry pelts, 3d to Is 3d. Hides—A steady demand continues to be experienced, but no improvement can she reported in. values. For best heavy weights in prime condition, 2fd to.3d; medium, 2|d to 2d to 2id ; inferior, Ifd to If d per lb. Tallow—Medium to good, 15s to 17a; inferior and mixed, 12s to 14s i6d; rough fat,. best, lls 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—l4o head were yarded, all good quality. There was a much keener demand than of late, and prices showed an improvement of 20s to 80s per head over last week’s rates Bullocks sold at £5 i7s 6d to £8 13s 6d ; cows, £3 10s to £7 ss. Fat Calves—Fourteen sold at from 15s to 255. Fat Sheep—There was a moderate supply in to-day, consisting of 200 merino wethers (inferior quality) and 1623 crossbreds, the greater part wethers, medium to heavy weights. Prices showed an improvement of Is on ordinary mutton, Is 3d to 2s on best lines of wethers—sales closing firm. Crossbred wethers sold at 10s 6d to 16s for extra; crossbred ewes, 8s 6d to 14s 6d for extra; merino wethers, 3s 9d to 7s 6d. Fat Lambs quality was exceptionally prime, and some good prices were paid. Best sold at 10s 6d to 12a 6d ; others, 8s to 10s 3d. Pigs—272 yarded, nearly all prime and heavy baconers. There was a slight improvement in values, carers taking all offered at, for baconers, 40s to 565; porkers, 22s to 37s 6d ; stores, 14s to 21s; suckers, 6s 6d to 11s 6d. ENGLISH MARKETS. London, May 7. Prices at the wool auctions are unchanged. Greasy sorts are selling well. The sales close on Saturday. The third series will begin on June 24. The limit has been fixed ats 350.000 bales. The fourth series ha been set down for September 11, Tallow—Mutton, 25s to 2Ga 6d; beef,.24s 6d to 255. New Zealand mutton, 4|d. Ox hides, 3fd. ' , Later. The total quantity of wheat and flour afloat for the United Kingdom is 2.552.000 quarters, and for the Continent 754,000 quarters. The American visible supply is 23,456,000 bushels. , A New Zealand yvb eat cargo on passage has been* sold at 355., Australian and New Zealand Mort gage Cempany’s 41 per cents., £lO4, .