COMMERCIAL.

Temuka Leader, Issue 2113, 18 October 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, October 17th:—

Wheat —A few lines of long-berried for export have changed hands. Millers are buying sparingly. Oats — Business is very restricted, holders being disinclined to accept the prices offering. Barley—The season may now be said to be over, Large stocks are held by brewers and maltsters. Beana and Beans—Ho alteration can be noted. Sales are difficult to effect, there being no outside enquiry. Holders of the former prefer shipping where they can obtain space at a reasonable figure. Potatoes are almost unquotable. Sales have been made at 10s per ton at railway stations within the 12 miles’ radius. Farmers who have been unfortunate enough not to sell will have cause to regret the season of 1890, and to many the loss will be almost ruinous. May we never have such another disastrous season ! Grass Seed —Very few transactions are passing, -the season being somewhat advanced. Dairy Produce—Butter : The dry weather is affecting the output of most of the dairies, and as a consequence less is being potted than is usual at this time of the year. It is probable that the factories will place nearly the whole of their make on the local market in preference to shipping. Our quotations are as follow :

Wheat —Tuscan, 3s 6d ; pearl, 3s 4d; hunters, 3s Bd. Oats—Milling, Is 7d ; short heavy feed, Is 5d to Is 6d ; inferior and discolored, Is 2d to Is 4d. Barley—Prime malting, 3s 3d; feed, Is 6d to Is Bd. Beans, 2s 6d. Peas —Prussian blues, hand threshed, 2s 9d to 3s ; feed sorts, 2a 4d to 2s 6d. Grass Seed Ryegrass, machinedressed, ss; cocksfoot, heavy seed, 4Jd to Potatoes—los to 12s per ton at country stations within a radius of 12 miles.

Dairy Produce Butter, prime potted, 7£d to 8d; cheese, small loaf shape, 4d ; larger sizes, 3d. The above price are those paid to farmers for delivery, f.o.b- Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS. At the Addington Yards on Wednesday prices on the whole, were very much the same as last week’s. Fat Cattle—There was a decided falling off in the number and quality of these. The demand for really prime sorts were very keen, and resulted in a slight improvement in values. Inferior sorts were hardly in such good demand. Best beef made from 24s to 28s 6d per 1001 b, and inferior from 22s upwards. A line of magnificent steers made from £7 10s to £9 7s 6d, other steers sold up to £6 17s 6d, cows up to £7 15s, and heifers up to £6.

Eat Sheep—The entry comprised a large-number of first-class crossbreds of both sexes, while merinos were not up to their usual numbers. Prices compared very favorably with those of last week, A line of magnificent crossbred wethers made from 21s 6d to 23s a head; prime sorts made from 17s 6d to 21s; while inferior varied from 12s 6d to 16s. The entry showed a fair proportion of shorn sheep, which sold fully up to the standard. Eat Lambs—A greatly improved entry, a large portion of which were of good quality. Competition was brisk between freezer buyers and butchers. Prices ranged from lls to 14s.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat —Market unaltered: Best tuscans and velvets, 3s 9d to 3s lOd ; other milling sorts, 3s 6d to 3s 8d ; fowls* wheat —good and whole, 3s to 3s 3d ; medium and broken, 2s 6d to 2s lOd

Barley—Prim© malting lots, 2s 8d to 2s lOd ; milling, 2s 4d to 2s 6d ; feed, Is 9d to 2s ; pearl barley, £l4 to £l6. Oats— Pf i®6 milling, Is 3£d to Is 4d; light *? ed > I s 2/ to Is 3d ; off-colour, &c., Is , t 0 Elour —Timaru and Oamaru—ro.. ’ £lO, fo.b. £lO ss; 50’s, £lO 15s, f.0.b., £ll here ; stone flour, £9 5s ; 50’s, £9 15s. Oatmeal —£8 to £8 10s. Bran, £2 10s. Sharps, £3 10s.

Potatoes —Demerits, 30s to 35a ; dement seed, 40a.

Pigs—Owing to the hot weather none were saleable ; hams, 7d to 8d ; bacon, 4d to sd. Chaff, 30s to 40s. Onions, £B. Turnips, 15s. Carrots, 80s. Straw—Oaten and wheaten (hydraulic pressed in bales), 30s to 355. Hay, oaten (hydraulic pressed in bales), 355; clover and ryegrass hay (hydraulic pressed in bales), 60s. Butter —Salt, no demand; nominally 6d to 7d; fresh plentiful. Eggs, plentiful. Honey, 4d to sd. Cheese—Factory, 4d; Akaroa, 3|d. Grass Seeds—Ryegrass, 8s 6d to 6a j cocksfoot, 4d to 5d ; seconds, 3d.

Sheepskins On Tuesday town butchers’ greenskins sold as follows : Crossbreds at 8s to 3s lid ; merinos, Gs 2d to 4s ; lambskins, Is to 6d ; country dry skins at prices equivalent

to from to 7d per lb, according'to quality, length of staple, and condition. Hides-—Heavy weights and clean/ well-flayed hides met with a ready sale,* but the opposite is experienced ini placing badly.flayed, dirty, and other-; wise faulty lots. Prime heavies, 2£d to id; medium, 2d: to 2-Jd;; light, l|d to Ifd ; inferior, Id to lid-: ? = i

Tallow —Local manufacturers; am ready buyers; of all lots .offering at quotations, which are— lor prime! rendered mutton, £2l to £22; prime! mixed, £lB to £2O; medium, £l6 toj £l7 ; inferior, £lO to £l4; best caul* fat, £l3 to £l4 ; inferior and medium,! £9 to £l2.

DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednes-i day the following business was trans-i acted:—

Fat Cattle—ls 6 head yarded, butj the supply proved more than equal to! the requirements of the trad®, and in; order to effect a sale at reduction of from 10s to 15s per head ou last! week’s prices had to be submitted to.j A pen of the Te Houka bullocks (Mrj Charles Bhand’s) made top quotation! at £lO. Values generally ranged asi follows Prime bullocks, £8 to £10; ordinary do, £6 to £7 15a ; light do, £4 15s to £5 15s; prime cows, £6 to £8; ordinary do, £5 10s to £5 10a; old and inferior, £2 to £3 15s. Fat Sheep—223o penned. The! demand throughout the sale was slack,| and prices generally in favor of buyers, j With one or two exceptions, values! were quite Is below the rates ruling ai week ago—say, best crossbred wethers,! 17s to 19s (one or two small pens i extra heavy a ; shade more) ; ordinary crossbred wethers, 15s to 16s, 6d; light do do, 13s to 14s; best do ewes, 16s to 17s; ordinary do, 18s6d to lss; light do do, 12s to 13s; merino; wethers, 9s to 13s 6d. Fat Lambs —135 penned, and sold! at from 7s 6d to 12s 6d.

Pigs—Only 117 forward ; mostly stores. Demand for these was good, and very satisfactory prices were obtained, when compared with those ruling for fat. Bacon pigs sold at from 28s to 88s ; porkers, 20s to 27s ; stores, 14s to 235; suckers, 6s 6d to 13s,

AUSTRALIAN MARKETS., Sydney, Oct. 15. Wheat—Prime milling sorts,, 4a. Flour —New Zealand, £9. to £lO. Oats —Feeding sorts, 2s to 2s . 2d. Maize, 3s Bd, .to 4s; bran, 7£d; pollard, 7d. Potatoes—New Zealand, £2 to £2 ss. Onions, £lO to £ll. Butter—Dairy-made, 6d to 7d; faictorymade, 7d., to 9d. Cheese— Loaf, sd. Bacon—Machine-cured, 4£d to s|d ; hand-cured, s£d to j roll, 7d to 7|d. Hams—New Zealand, lid to Is.

Melbourne, Oct 16

"Wheat, 3s 9£d to 3s lOd. Oats— Algerian sorts, Is lOd to 2s ; tartarian, 2s sd; Victorian (feeding sorts), 2s 7d. Maize, 2s sd. Barley—Cape, Is 8d to Is lOd ; thin English sort, 2s to 2s Id. Peas, 2s 8d to 3s. Adelaide, Oct. 15.

The wheat market is dull. The quotation is 3s 8d to 3a 9d. Flour — Stone-made, £7 10s to £8 j rollermade, £8 10s to £9 ss, Bran, to 9d ; pollard, B^d.

ENGLISH MARKETS.

London, Oct. 14,

The cargo of wheat ex barque Glenora, from Timaru, has- been sold at 34s 4^d. Owing to the short arrivals of wool the next sales will probably be postponed till January. Oct. 17,

The quantity of wheat and flour afloat for the. United Kingdom is 1,804,000 quarters, and for the Continent 816,000. The estimated American visible supply is 17,828,000 bushels.

The New Zealand Loan and Mereantile Agency Company, Limited, have received the following cable message from London, dated 14th iust. :

Wheat —The market is generally better. New Zealand wheat, longberried, is worth 36s 3d ! per 4961 b. Other quotations unchanged.