COMMERCIAL.
CHRISTOHURCH CORN EXCHANGE. The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, June 13th : The market for cereals during the past week has shown no marked feature of interest, values remaining without alteration, and enquiries, except for top lines, being few and far between. Wheat continues to he shipped on the basis of London quotations, which, although not exactly receding, do not &how any particular buoyancy; consequently no further devopments of note in this line have eventuated. Oats, if anything, are slightly weaker, and former values are scarcely maintained. Barley is without animation, little or no business in this line having coma within our range. Beans and peas require no further comment than our last week's report gives for these lines, Polatoes—A little better enquiry for derwents has been experienced during the week for immediate shipment. Several lines have changed hands from the pit, to be delivered in July and August, at slightly enhanced values, which are purely speculative. For immediate j delivery no material change is noted. Dairy Produce —Butter : For recent potting in good kegs, a little more eagerness is evinced to deal, while summer-made is scarcely looked at. Cheese: For prime loaves a slight advance on last week's quotations may got; other sizes as before. Our quotations for the week are as follows: Wheat Prime tuscan, 3s Id ; T)earl, 2s lid; hunters, 2.8 to 2s lOd. Oats—Milling, Is 7A ; stout bright feed, Is 6d; other Borts, Is 4d to Is sd. Barley—Prime malting, 2s 9d to 3s; feed, Is 6d to Is 9d. Beans, 2s 5d ; peas, prussian blues, 2b 9d to 3s. Potatoes —Derwents, for immediate delivery, 35s—at country stations. Dairy Produce—Butter: New, 8d; summer-mad*, 6d. Cheese: Prime loaf, 4d ; larger sizes, 3d to 3£d. The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra, potatoes excepted. CHRISTOHURCH STOCK MARKETS. A.t the Addington Yards on Wednesday the attendance was good and business brisk. Fat Sheep—Over 6000 yarded, the . greater portion being ewes, but there were a few very nice lines of crossbred wether mutton, which sold freely for export. Taken all through, prices about equalled last week's, although at the start they were rather easier. A magnificient line of fat crossbred wethers realised from 19s to 20s 9d, and a line of maiden ewes from 17s 3d to 19s 3d. Merino wethers sold at from 13a 6d to Ha 3d; half bred wethers and maiden ewes from 12s to 19s Id. Store Sheep—About 2000 penned. The two-tooth crossbreds, mixed, realised from 8s 9d to lis 9d, and ] sound-mouthed ewes fetched 7s. One J lot of crossbred ewes in lamb brought
8s 6d. Some merino wethers sold at 2s iOd for boiling. Fat Lambs—A very small entry, and but little demand for anything but the primest quality, some pens of which realised up to"l6s6d. Prices for others ranged from 8s 3d to 14s 6d: Pat Cattle—Only a small entry, comprising 130 head, but the quality was decidedly above the average. Best sorts realised from 18s to 21s per 1001 b, and inferior from 13s upwards* steers sold up to £7 12s 6d ; heifers to £8 12s 6d, and cows at from £4 to £6 ss. Pigs—6oo pigs yarded, nearly all baconers of good quality, which said freely. Best quality corn fed bacon pigs advanced to nearly 3d per lb. DUNEDIN PRODUCE MARKETS.
The following is the report for the week ending Wednesday:— Wheat—There is only a small supply now coming forward, and the'i quantity of really prime quality being' very limited, there is for this class a; free sale. Some extra prime samples; of tuscan and velvet have come to< hand during the week, and this quality! being scarce this season, they have; been quickly taken up for mixing! purposes at advanced prices; fowls'; wheat is m short supply. Quotations:, Extra prime milling, 3s 4d to 3s 6d; ordinary prime milling, 3s Id to 8s 3d ; medium milling, 2s 9d to 3s ; fowls' wheat and inferior, 2s 3d to 2s Bd. Oats —There is a very noticeable! decrease in the quantity received during the week. Ihe demand, however,, is somewhat easier, and although small lines can still be disposed of for local use at last week's quetations, to effect; expert business a shade less must be: accepted, Quotations. Milling, Is3^d ; to Is 4|d, sacks extra; feed, Is 2d to Is 3d, sacks extra. Barley—Practically nothing doing. Potatoes —Owing to arrivals being; insufficient to meet the demand, prices have improved considerably. It Bhouldl be born iu miud, however, that no export business is being done, and as the local consumption is exceedingly; limited it would be injudicious to overdo the market. Quotations : Prime, £2 17s 6d to £3 2s 6d • medium, £2 10s to £2 15s.
Chaff—Prime heavy oatsheaf, £2 to £2 ss; mixed chaff, £1 10s to £1 15sj Pigs—2|d to 3d; hams, 8d; rolls and flitches, 6d. Turnips, 20s; carrots, 30a to 355. Straw—Oaten and whoaten, 30s to 355 ; hay, oaten, £2 10s; clover and ryegrass hay, £3 ss.
Butter—Salt, 7d per lb ; fresh in good demand. Eggs, scarce. Honey; to sd. Cheese : Akaroa, 3£d to 4d ; factory, 4d to 4|d. Onions, £6; linseed, £ls te £lB.
Sheepskins—At auction on Tuesday prices hardened considerably. Butchers' green crossbreds, best, brought 4s 7d to 4s; good to medium and inferior, 3s lOd to 2s lid; green merinos, 3s to 2s Id ; do lambskins, is 9d to 28 lOd; country dry crossbreds, inferior to medium, Is 6d to 4s 3d; do do merino, Is 4d to 3s 6d ; dry pelts, 3d to 9d. Hides—There is no change of any consequence in the position of the market. Quotations are: For best heavy weights, 2|d to 3d; medium, 2id to 2£d ; light, 2d to 2|d; inferior, Ud to Hd per lb.
Tallow—This market is without any material change since our last report. Medium to good, 15s to 17s; very prime a shade lower; inferior and mixed, 12s to 14s 6d; rough fat has a very good demand at from lis 6d to 12s 6d for beat clean caul; inferior to medium, 8s 6d to 10s 6d per cwt. DUNE DIN HTOOK MARKET. At the Burnside Tarda on Wednesday the following business was transacted .- Eat Cattle—Only 155 head yarded. More than half were prime heavy bullocks, the remainder medium inferior I bullocks and cows. There was a brisk , demand, and beßt pens were well comI peted for. Prices on the whole were j rather better than last week. Best bullocks sold at £8 5s to £9 7s 6d; | medium, £5 17s 6d to £7 17s 6d j inferior, £3 5s to £5 10s; cows and heifers, £2 5s to £6 15s. I Eat Sheep—22o6 yarded, about 200 of which were merinos. Fully half were wethers, mostly all of whichwere prime to medium quality, the balance were principally old ewes in quality ranging from extra prime to inferior. Bidding was brisk all through I the sale, prices ruling a shade better than at last sal©. •• Best crossbred wethers sold at 15s to 17s; ordinary, lis 6d to 14s 3d ; best crossbred ewes, 13s to 15s 6d; ordinary, 8s 6d to 12s 3d; extra heavy crossbred ewes, 17s 9d to 18a 3d; merino wethers, 9s 6d to lis 6d. Eat Lambs about 50 of which were prime, the remainder stores. All were sold' at—for best, lis 3d; stores, 3s 3d. Pigs—2lß penned. Bidding was very irregular, but prices were no better than last week. Suckers sold at 5s to 9s ; stores, 19s to 21s; porkers, 24a to 30s 6d; baconers, 34a to 455; a few extra heavy to 50s. ENGLISH MARKETS. London, June 11. The total quantity of wheat and flour afloat for the United Kingdom is 2,857,000 quarters, and for the Continent 752,000. The American visible supply is estimated at 21,792,000 bushels.
New Zealand Loan and Mercantile j Agency Company's 4i per cents., £96. 1 Copper, .£4B-.per ton; tin, £97 10s, ; 1 ailyer, 4£s per oz. . '"" I Tallow, best mutton, 26s'to 26a 6d;' best beef, 25s to 25s 6d. I The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from, London, 'dated June 10th : " Wheat—Market weak, New Zealand wheat f.aq. to arrive, iron ship, is worth c.i.f. 34s per 4801 b, AprilMay bill of lading; nominal value. New Zealand wheat' average is worth I 33a 9d, and loDg-berried 36s.per 4961 b."
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Temuka Leader, Issue 2059, 14 June 1890, Page 4
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1,407COMMERCIAL. Temuka Leader, Issue 2059, 14 June 1890, Page 4
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