COMMERCIAL.

Temuka Leader, Issue 2071, 12 July 1890, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.

The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, July lUh:— Cable advices from England are somewhat conflicting as to the wheat market. Though there would appear to have been a slight rise in values the'local market has not been affected, and prices are unchanged. Oats are being offered more freely, farmers having apparently given up hopes of seeing anv material improvement in values in 'the face of the large stocks down south. In some cases growers are accepting a shade under quotations to effect a sale. Barley—-No alteration can be noted in this cereal. Beans have seen a fair business, for good samples. Peas Boilers have the usual demand, whilst feed sorts are totally neglected- Ryegrass —The market here will be supplied largely by imported seed, stocks of locally grown being smaller than has been known for yerrs ; prices will doubtless rule high. Cocksfoot is also within narrow compass, and enquiries, with the near approach of spring sowing, are numerous, both for prime heavy and loner grade parcels. Potatoes Heavy shipments have gone forward to the Australian market during the week, and some anxiety is felt as to the returns, Growers here are inclined to make sales fof future delivery, disliking the prdspects of the market. Dairy produce — Few transactions have come under notice, and prices paid can hardly prove remunerative. Our quotations for the week are as follows : Wheat Tuscan, 3s Id; pearl, 2s lid; hunters, 2s 9d to 2s lOd. Chickwheat—Whole, 2s 6d j broken, 2s Id to 2s 4d. Oats—Milling, Is 7d; short heavy feed, Is 6d ; long and inferior, Is 3d to is 4d. Barley Prime malting, 3s ; . medium, 2s 3d to 2s 6d ; feed, Is Gd to Is Bd. Beans —2s 6d, Peas—Hand threshed prussians, 3s; feed, 2s 4d to 2s Gd. Ryegrass—Machine dressed, 4s 9d to ss. Cocksfoot—Bright heavy seed, 4d to 4id i light and discolored, §|d to 3£d. Potatoes Derwents, 42s 0d at country stations where the railage does not exceed Gs per ton to f.o.b. Lyttelton, sacks extra. Dairy Produce-=-tJnaltered. The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra, potatoes excepted. OHKISTOHUROH STOCK MARKETS. Messrs Matson and Co. report as follows Fat Cattle—About 200 head were yarded. Competition was brisk, and really prime lines were eagerly competed for and sold at about 22s per 1001 b. Bullocks sold up to £lO 10s per head, cows to £7 12s 6d, heifers to £8 per head. Fat Sheep About an average , entry to hand, including some prime i quality. Best crossbred wethers sold , at from 30s to 245, medium at from 17s • to 19s; best crossbred wethers and traiden ewes sold at from 17s 6d to r 20s; medium at from 15s Gd to 16s 9d; , best merino wethers realised from 10s E to 14s each.

Fat Lambs—A very limited entry to hand, best sorts sold up to 14s each.

Store Sheep—Yery limited entry to hand. Full mouth halfbred ewes sold at from 8s 6d to 10 *. Competition for large-framed crossbred ewes is very keen, and we feel sure a good line would sell at tiptop values. Dairy Cattle—'mall entry. Not much business was done. A few cows

changed owners at £4 to £6 each. All extra goed cows were passed out unsold. Store Cattle—Small entry, mostly old cows, which sold at prices varying between 25s to £2 10s. A. few three-year-old steers, large framed, made £4 each; yearlings 10s to 18s each. pjgs—Bacon pigs sold well. Prices fluctuated, one line of pigs was equally divided; one portion were offered in the first part of the sale, and realised 35s ; the other lot were sold towards the' finish, when they realised 41s each. Porkers sold fully up to last week’s prices. g orßea __Qopd .draught, horses are much souglit a and sell well at £l/7 f to £23-,ea&tu Hacks and- light harness horses sold at from £8 10s to £l7.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday ; _ Wheat—Prime tuscan and velvet, 3s 4d to 3s 6d ; fair to good, 3s Id to 3s 3d; medium, 2s lid to 3s Idj inferior, 2s 8d to 2s lOd; fowls’ wheat, 2s 3d to 2s Bd. f > 4 Oats —The market is exceedingly lifeless. Prime milling, Is 4d to Is 4^d; heavy bright feed, Is 3£d to is 4d; medium, Is 2£d to Is 3d; inferior, Is to Is 2d. Barley—No transactions. Grass Seed—Best machine-dressed ryegrass, 5s to 5s 6d per bushel; medium 4s 6d to 4s 9d; fannecsdressed, 4s to 4s 6d; cocksfoot, 4d to 5d per lb,

Sheepskins—The sales on Tuesday were well attended, but buyers operated cautiously at reduced values in sympathy with the Home market. Butchers’ green crossbreds, best, brought 5s 2d to 4s Gd; good to medium and inferior, 4s 4d to 3s Gd ; green merinos, 3s 3d to 2s 9d; country dry crossbreds, inferior to medium, Is 4d to 8a lid; do do merino, Is 2d to 3s Id; full-woolled crossbreds, 4s 4d to Ga 9d; do do merino, 3a 3d to 4a 9d; dry pelts, 2s to la 3d. Tallow—An active demand exists for both rendered and rough fat, and prices are firmly maintained. Prime rendered, £lB to £l9 ; medium, £l6 to £l7; inferior, £ll to £l3; best rough fat, £l2 to £l3; inferior to medium, £8 to £ll. DUNEDIN STOCK MARKET. * At the Burnside Yards on Wednesday the following business was transacted:— J c " [l Fat Cattle—Number yarded, 176. A very brisk sale took place, and excellent prices were paid throughout, best bullocks making from £9 to £ll ss; ordinary, from £7 to £8 10s; and light, from £S to £6 10s. Best cows made from £8 to £9 7s Gd; ordinary, from £6 to £7 15s; medium, £4 10s to £5 15s; inferior, £2 to £3. Fat Sheep—3234 came forward to a somewhat irregular sale, prices in the case of really piime freezing sheep being within a shade of last week’s values, whilst ordinary butchers’ sheep ruled from Is to Is 6d a head lower. Extra prime crossbred wethers brought from 16s Gd to 17s 3d; prime do, 15s to 16s; ordinary do; 14s to 14s Gd; light do, 12s 8d to 13s 6d; extra prime crossbred ewes, 14a Gd to 15s 3d; prime do, 18s to 14s; medium do, lls Gd to 12s Gd ; light do, 9s to Us; merino wethers, 7s to lls 6d. Fat Lambs—Only 88 penned of medium quality which sold at 9s 6d. Pigs—246 penned. Bacon pigs, at from 28s to 465; porkers, at from 19s to 275; stores, at from 12s to 18s; suckers, Gs to 10s. Store Cattle—A demand exists for three-parts fat bullocks for finishing off on turnips, but other descriptions are quite unsaleable. Store Sheep—There are numerous inquiries for good wethers for fattening on turnips and for good crossbred ewes in lamb, but there are not many offering.;"; ENGLISH MAROTa, London, July 8. Tallow, best beef, 24s 6d to 25s Gd ; best mutton, 25s Gd to 265, New Zealand prime frozen mutton 4fd per Ox hides are active at B£d to Sid per lb. , &t the wool auctions prices are unchanged. The wool market is firm. It is probable that 70,000 bales will be withdrawn from the present series. The total quantity of wheat and flour afloat for the Halted Kingdom is 2,410,000 quarters, and for the Continent 632,000 quarters. The American visible supply is estimated at 19,648,000 bushels.