COMMERCIAL.

Temuka Leader, Issue 2104, 27 September 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, Sept. 26th:—

Business in the export grain trade is still very contracted. Wheat is scarcely so firm. Oats are mostdifficult to place, and with the increase of feed in the paddocks the local demand will be lessened. Barley—No lines of malting changing hands. Grass Seeds. —The favorable weather has caused the inquiry to be maintained. The same be said of colonial grown clovers. Beans—A few lines have changed hands for export. Peas are dull of sale. Potatoes —This season will be long remembered by farmers who are unfortunate enough not to have sold. There seems little likelihood of any improvement in value or demand, and hundreds of tons will probably decay in the pits. Dairy Produce —Business is lifeless, the only demand being for fresh butter. Our quotations are as follow : Wheat—Tuscan, 3s 6d ; pearl, 8s 4d; hunters, 3s 3d.

Oats—Milling, Is 7d; short heavy feed, Is 5d to Is 6d ; long and inferior, Is 3d to Is 4d.

Barley Prime malting, 3a 3d ; feed, la 6d to Is 9d. Beans, 2a 6d. Peas—Prussian blues, hand-threshed, 3s to 3s 3d ; teed sorts, 2s 4d to 2s 6d.

Grass Seed—Ryegrass, machinedressed, 5s to 5s 6d; cocksfoot, 4id to 4^d. Potatoes—Darwents, 20s at country stations, within a radius of 12 miles, Dairy Produce, unaltered. The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra. CHRISTCHURCH STOCK MARKETS

At the Addington Yards on Wednesday, with the exception of fat cattle, all sorts of stock were scarce. Fat Cattle —Competition throughout the sale was dull, and prices again fell away. On the better sorts the drop was not so noticeable, but anything not up to the standard was neglected. This resulted in a drop of 2s per 1001 b on inferior sorts, and from Is to Is 6d on others. Steers sold up to £9 10s, cows to £6 17s 6d, and heifers to £7.

Store Cattle —Buyers are still anything but brisk in-their transactions, and little, if any, improvement was noticeable on last week’s sale. Old cows, of which there were but few yarded, sold up to their usual average. Cows sold at £2; yearlings, at 255; two-year-old steers, at 31s 6d ; calves, at 18a to 30s ; steers, £4.

Store: Sheep Prices showed no improvement on late rates, and a number were returned not sold Messrs H. Matson and Co. sold for a client 300 crossbred hoggets at 11s 4dj and a line of ewes with 100 per cent, of lambs at foot at 17s 6d. Fat Lambs Prices, as must be expected, are falling awaj every week. Lambs sold at from 7s to 12s.

Fat Sheep—From the start of the sale competition was brisk, the entry of prime lines being small, and a rise of from Is to 2s a head on all sorts may be recorded. Every pen was eagerly snapped up, and a general clearance was effected. The NZ L. and M.A. Company sold for Mr A. M. Clark, 25 merino wethers at 15s 61, 25 do at 14s 9d, 25 do at 13s 9d ; for a client, 25 mixed crossbreds at 16s 6d, 25 do at 16s 6d, and 20 do at same figure ; for another client, mixed crossbreds at 16s 5d ; and for a client mixed halfbreds at 16s 2d.

Pigs—A rather small entry, comp:isiog a number of good stores and baconers. For the former there was a fair demand, but baconers were neglected, and suffered considerably in price.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—Market firmer, and rising Best milling tuscans, velvets, 3s lOd to 3s Hd ; other good milling sorts, 3s 6d to 3s Bd. Fowls’ wheat.: Good whole (scarce, and -prices firm), from 3s to 3s 2d; broken and inferior, 2s 8d to 2s lOd.

Barley— Only first-class malting lota are inquired after, at from 2s 8d to 3s; milling, 2s 4d to 2s 8d ; feed, Is 9d to 2s. Pearl barley, £ls to £l6.

Oats—Bright plump feed, Is B£d, to Is 4d ; best milling. Is 4d to Is 5d ; off-color and inferior, Is Id to Is 2d. Onions, £8 to £lO. Flour— Oaraaru and Timaru roller, £lO f.0.b,, £lO 5s here,; and £ll for 50’s; stone flour, £9 ss, and 50’s £9 15s.

Oatmeal —In 25’s, £8 10s; bulk, £B.

Bran, £2 10s; sharps, £3 10s. This is a decline of 10s per ton each. Potatoes —Oamaru and Southern came freely to hand, and sold at £2 17s Gd ; dement seed (nominally) £3.

Pige^=rWell-fed, up to 1601 b, wp to 3jLd ; hams and bacon (no demand), 7d tti Sri and 5d to 6d. Chaff —Clean heavy, £2 to £2 2s 6dj light, 35s to 37s 6d, Turnips, 14s to 16s ; carrots, 80s. Straw—Oaten and wheaten, 30s to 355.

Hay—Oaten, £2 ; clover and ryegrass, £3 ss. Butter— Best salt scarce, but has no inquiry ; fresh, plentiful.

Eggs, plentiful; honey, 4d to sd. Cheese—Good cheese scarce, Factory, 4d; Akaroa, 3^d. Grass Seed ßyegrass, 3s 6d to 6s ; ! cocksfoot, 4d to 5d ; seconds, 3d.

Sheepskins'—On Tuesday .butchers’ i green crossbreds (best) brought 6s 3d ! to 5s 3d; good to medium and inferior, 5s Id to Is 2d ; green merinos, 14s lid to 3s 9d; country dry crossbreds, inferior to medium, Is 7d to 13s lOd; do do merino, Is 8d to 3s 4d ; full-woolled crossbreds, 4s lOd to 16s 9d ; do do merino, 4s to 6s 4d ; dry ipelts, 3d to Is fid each. Hides-—The market is unchanged. Dry salted heavy-weights, free from ioff?l and systematically flayed, 2£d to |3d ; medium, 2d to 2|d ; light, t to I lid ; inferior, id to lid per lb. Tallow—There is no difficulty ®xI pefieheed in*''-‘quitting the odd lots coming'to hand at the following quotations—viz : for prime rendered ( mutton, 20s to 225; ; medium to good, 17s to 19s ; inferior to mixed, 13s to 15s 6d. Rough fat: Eresh clean mutton caul, 13s to 14s; inferior to medium and good, 9s 6d to 12s 9dßper cwt.

DUNEDIN/ STOCK MARKETS. At the Burnside Yards on Wednesday the following business'was transacted :

Fafc Cattle about half being good to prime iquality, balance light and inferior. /Prices showed no improvement on 'last week’s ; rates. Prime bullocks

-sold from £7 10s to s£9 5s l£6 to £7 ; inferior,, £4 to £5; cows iup to £7 178 fid. Fat Sheep—2l22 'forward, '550 of which were merino wethers. Prime quality crossbreds were well competed for, and sold about .on a par with last iweek’s prices; while inferior quality and merinos were neglected, and suffered a decline of about Is per head.

Fat Lamba-^-Pat lambs sold at from 12s to 15s

Pigs—l9o came forward, / and sold as follows Suckers,* 6a fid to lls ; slips, 13s fid to 16s fid; stores, 17s fid to 21s fid; porkers, 24s to 28s; baconers, 36a to 50a. AUSTRALIAN MARKETS.

Sydney, Sept. 24

Chick wheat, 3a to 3a 4d ; milling, 3a lOd. Oats, la lid to 2a Id, firmer, Maize, 3a 6d; firm.- Barley, nominal, 2a 3d. Bran, 7d to Pollard, 7d. Potatoes (Tasmanian), £2 to £2 5a ; iNew Zealand, £2 10s to £3. Onions, £9 to £lO- Butter, dairy made, 6d lo 8d; fadtory made, 8d to lOd. Cheese, loaf size, sd. Bacon, m&chino cured, 4|d to s£d; hand cured, s|d to 6Jd; rolled, 7d; New Zealand, 7id; New Zealand hams, lid. Melbotjbne, dept 24.

Wheat is slightly weaker. Medium, 3s 6d. Oats, Calcutta, 2s; stout Victorian, 2s lOd. Maize,3s sd. Barley, feeding, 2s Id; malting,3a lid. Bran, Peas, 3s l^d. Adelaide, Sept. 24.

There is a continued in cereals. Wheat, shipping parcels, 3a 7d to 3a Bd. Flour, stone-made, £7 10s to £8; roller-made, £8 5a to £9. Oats, New Zealand, 2s to 2s 3d. Barley, CApe, 2s 3d to*2s 6d • English, 2s 6d to 4s.

ENGLISH MARKETS. London, Sept. 23. Wool is steady, and prices are unchanged. ! Tallow —Beat mutton, 28s to 28s 6d ; beef, 27a 61 to 28s. Sept. 25, i The total quantity of wheat and flour "afloat rfor the United Kingdom is 2,296,000 quarters, and for the Continent 696,000 quarters. The jAmerican visible supply is estimated *at 17,632,000 bushels, i Wool is hardening. Good scoured isorts show and faulty pieces and locks Id advance. Greasy sorts are from par to |d above July rates.

The strike of blast-furnacemen icaused a rapid rise in Glasgow pig iron, but upon the men returning the price fell to 525.

The New Zealand Loan and Mercantile Agency Company, Limited, have received (lie following cable nicssegfrom London, dated 2Srd inst. :

“ Wheat— Market quiet. New Zealand average is worth 35s 3d, and long berried 36s 9d per 4961 b; and New Zealand wheat, f.a.q. (to arrive iron ship), is worth 36$ 3d per 4801 b, I August-September bill of lading.”