COMMERCIAL.

Temuka Leader, Issue 2098, 13 September 1890, Page 4

COMMERCIAL.

OHRISTOHURCH CORN EXCHANGE;

The following is the Corn Exchange' report for the past fortnight, as' follows: — I

Business remains at a complete standstill, merchants being afraid to! operate whilst so much uncertainty exists as to means of getting produce; away. It is difficult to estimate the] loss the strike is entailing on the) district, but assuredly it could not! have come at a worse time. Potatoes are our great article of export at this, season, and heavy losses must be sustained by growers, as they are unable to sell or to ship on their own account; at the present time. Wheat—The English market being somewhat; weaker has to a certain extent limited ] the week's transactions, though prices' cannot be saidjto hare given way. Oatsj —Great difficulty is experienced in! making sales, as there is no outsidei enquiry. The increase in freight hast also had a depressing effect on the: market. Barley—Business is veryj restricted in this cereal. A few small, parcels for seed purposes have been; placed. Beans and Peas—But little; doing. Grass Seed—Ryegrass hasj been in the hands of distributors forj some time, and farmers' parcels bavej not been available. The tendency to; purchase machine-dressed seed is each! season b3eoming more marked. Cocks-; foot: The same remarks apply as to; ryegrass. Potatoes—A* anticipated last week, values havd given way, and; farmers are compelled to see their potatoes perishing without being able to get them to a mar-; ket. There are heavy stocks in; the country districts, but in 1 the absence of freight it seems doubtful if they will be got away, &a merchants cannot purchase in the absence of any or but little freight being obtainable. Dairy produce— Prices ruling in Sydney preclude any hopes of an outlet there, and prices here are therefore weak. Our quota- 1 tions for the week are as follow :

Wheat—Tuscan, 3s 6d; pearl, 3s 4d; hunters, 3s 3d. Oats —Milling, Is 7d; short stout feed, Is 5d to Is 6d ; long and inferior, Is 3d to Is 4d.

Barley—Prime malting, 3s 3d; feed, Is 6d to Is 9d. Beans —2s 6d. Peas —Prussian blues, hand threshed (true to name), 3s to 3s 3d ; feed sorts, 2s 4d to 2s 6d. Grass Seed Ryegrass, machine dressed, 5s to 5s 6d ; cocksfoot, bright heavy seed, 4£d to 4^d. Potatoes —Derwents, 30s to 35s at country stations within a radius of twelve miles.

Dairy Produce—Butter, 8d ; cheese, large size, 3d ; small loaf shape, 4d. The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra, potatoes excepted.

CHRISTCHUROH STOCK MARKETS. At the Addington Yards on Wednesday the following business was transacted:—

Eat Cattle —The entry was large, and the prices realised showed an improvement. Best beef, 2ls to 23s per 1001 b; inferior, 19s upwards. Bullocks, £7 to £l4 15s; steers, £6 to £10; heifers, £3 to £8 2s 6d; cows, £5 5s to £8 7s 6d. Store Cattle Entry larger than demand, and young cattle did Dot realise owners' values. Steers, £3 to £5 8s; heifers, £3 10s; cows, £3 to £3 3s.

Eat Sheep—The cessation of work at the freezing factories was probably the cause of the limited nature of the entry. A droy in prices of from Is to 2s a head was experienced. Beet crossbred wethers realised from 16s 6d to 19s; maiden ewes from 18s to 18s 6d ; and ewes from 12s 6d upwards. Store Sheep—Owing to low prices the entry was small. Ewes fetched from 10s to lis 6d, while wethers went off at from 5s 7d to 9s 6d.

Lambs —Eagerly snapped up at from 10s to 14a.

DUNEDIN PRODUCE MARKETB. The following is the report for the week ending Wednesday:— Wheat —Market firm ; bat milliDg> np »o 3a 91 ; other sorts, from 3s 4d in 3s 7J. Fowls' wheat : Good whole, 3s to 3s 2d ; broken and inferior, 2e 6d to 2a lOd.

B«rley No demand, and prices luminal ; malting, 2s fid to 2s lOd ; milling, 2a 2d to 2s 4d ; feed, Is dd to 2s 2d.

Oats—Milling, Is 3£d to Is 4£) ; bright plump feed, Is 3d to Is 4d,

Onions—£l4 per ton. Hop*—9d to lOd per lb. Timothy—£lo to £42.

Flour—Timaru and Oamara ro'ler, £lO 5s here, £lO f.o.b. those ports; 60V, £ll ; stone floor, £9 5s for sacks, £9 15< for 50V Oatnval—ln 25's, £8 10-. Br»n—£3. Sh*rp«—£4. , p,,i„tnrs—First class, £3 2s (id to £3 5-; feidn.y*, 40^. Pi^s —3-i )if primt' f-niall ciz"s. Horns •Mi'* bacon : No sale—7d to 8d and 51 to 6-1.

Cl.tff—First niass heavy an I riddled, £2 to £2 2s 61 ; ligb', &o , 35s to 37* 6d.

Turnips—-l Gs. Carrots—Bos. Straw—Oaten aod whpaten, 30s to 35?. Hay Oaten, £2 ; clover and ryegrass, £3.

Butter —Prime salt scarce in demand ■ t 7d to 8d ; fresh getting more plentiful. Eggs—Plentiful, ilouey—4d to sd,

Cheese-^-Factory, 4d ; 4karoa, scarce at, 3^d T for prime InTge sizes. v . ~ , ■ Glraes^SeedF —-Ryegrass, &%,-,s& ioifis ; eocksfoot, 4d lo sd; ,seconds, 3dJ

Sheepskins—-An,averagesupply came to hand- } j5-be.b< i stjJi.neß of igreen. crossbreds brorighlhsj 9d 'o 6s ; picked lots, for special purposes,! 6s 6d ; modium to good, 5a lo 5s 6d ; light, 4s 3d to 4s 6d •• beßt' merih', 4:3 i|o>'ss-3d ; inferior to good, 3s 3d to 3s 9d. Conntry skins: Inferior to mediumi Is fd ! to 3s 6d ; fnl) woolled crassbreds, 4s Id'to 7b ; do merino, 4s to 5s 6d ; pelts, 6d to la 3d.

Tallow —ln the local market beet; mutton isworth 20s to 21a ppr cwt;' medium mutton and good beef, 16s to; 178 61 ; inferior, 14s to 15* ; best'on-l rendered caul fat, ISs 6d to 14s ;| butt hers! rough, 10s 6d to lis 6d ]] inferior, 9* to 10s, . ' Hides—Priiufi we I-flayed .heavy ox, 2Jd to 3 ( ; medium ox and good cow*,j 2rl to 2£d ; light and mixed parcels,; l£d to , 1 ]fd. DUNEDIIPBTOOK MARKETS. At the Burnside Yards' on Wedaes-j day the following business was transacted :—'

Fat Cattle.— A. large entry, comprising fome 232 h<=ad. Prices throughout; ,were more ioifivor of: buyers' thanulast i week, the top rae for t lie day being £lO 7s C'l, for a pen of very prime heavy! bullocks. *-;lVl<"d jam-weights towards the I close of the day brought about iast week's; but inferior sort*, owing to the] large number offering, met with an un. satisfac or.y. s«'e.... throughout.. Prime heavy weight bullocks brought £8 to £9 10* ; medium, £7 to £7 15s ; light, £5 to £5 los,*nything below this quotation coming under the dtfinition of stores. Best cows and heifers sold at £6 10s to £8 12s6d; light to medium, £3.10.4 to £5 58^ c 24 head of bulloiks belonging to Mr Jam s Guild, f revenns, sold at £8 7s 6-i.

Fat Sheep.—3o22 yarded of which 500 were merinos, the balance being aboat evenly divided between crossbred wethers and ewes. A decline of 1b and in some instances Is 6J, per head on l»st week's rates had to be recorded. A pen extra heavy prime crossbreds sold up to lbs 6 i to 19s per bead, but the ruling rates for good crossbred wethers were from 16sto 17s ; average weights, 15a to 16s ; light to medium 13s to 14s ; best ewes, 14s to 15s (a few picked sheep to 19.5) ; medium to good, lis to 12s 6d, The merino wethers (fiered were on the whole of a good class, prices ranging from 10s up to 14s 9d. Store Sheep.—First-class hoggets are worth 138 to 14s ; medium, 11a to 12s ; inferior, ,9s; to 10s, Sound-moutbed crosshred ewes close to lambing, 14s to 15f ; inferior to medium, lis to I2s 6d ; meriso ewes 6s to 7s.

Siore Cattle.— Under this beading there is very little business to record, and we do not expect to see much change in the market for such nntil the early part of October.

Pigs.—ll 9 yarded, principally weaners and stores, wi h a few porkers and light weight bacon jigs. There is no improvement in prices to note, beyond the fact that owing to the comparative absence of " curprs' " lines the few pens of this class submitted met with a rather better clearance. O her sorts are unchanged, and we give quotations as under :—Bacon pigs, 32a to 38s ; porkers 23s to 275; Htores„ 17s to 2Cu ; weanera, 7s 61 to 10s 6d.

ENGLISH MARKETS. Lou-Dow, Sept. 10. The quantity of wheat and flour afloat for the United Kingdom is 2,476,000 quarters, and for the Continent 544,000 quarters. The American visible supply is 17,504,000 bushels,

Tallow, best beef, 26s 6d to 275; mutton, 27s 6d to 28s.