COMMERCIAL.

Temuka Leader, Issue 2138, 16 December 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, December 12th.— The weather continues too dry for the welfare of the crops, especially those on the higher lands, which are suffering badly, 'ihere have been more rains towards the hills, and reports from these districts are more encouraging. We hear of large areas of oats fed off with sheep, not being considered worth harvesting. Eyegrass seed will be a light crop with only a moderate acreage. The cocksfoot harvest at present promises fair returns, but the next few weeks may entirely alter present inferences. With regards to to the market we have little to report. Wheat is occasionally enquired for by our local millers, but the shipping trade is quiet. Oats have a slight local speculative enquiry, but up to the present our Australian friends have made no move. There has been a fair trade passing in dairy produce, cheese of best quality being freely taken at quotations for shipment to England. Butter of really 1 prime quality is readily saleable, but operators generally prefer the North Island makes, they being in larger lines and more reliable quality. We append current prices :• — Wheat—Prime tuscan 3s 6d, pearl 3s sd, hunters 3s 4d, second quality 2s 9d to 2s lOd, broken 2s 4d to 2s 6d. Oats—Milling Canadians Is 7<i to Is 83, short feed Is 6d to Is 7d, daniah Is 4d to Is sd. Barley—Malting (nominally) 2s 6d to 3a. Beans—2s 6d Peas—2s 4d to 2s 6d for feed, Prussian blues 3s. Dairy Produce—Cheese, prime loaf 4d, medium and larger sizes Butter —Prime factory keg 7d to 7id, farmers make 6d to 6£d. The above prices are these paid to farmers for delivery, f.0.b., Lyttelton, sacks extra. WOOL SALE. The New Zealand Loan and Mercantile Agency Co. submitted close upon 10,000 bales of wool at their inaugural sale last Friday in Wanganui. Owing to the date clashing with tbe Dunedin and Auckland sales the southern buyers were unable to attend as arranged. The bulk of tbe wool was withdrawn, although 200 bales were sold at and immediately after the sale at prices ranging from for Lincoln and 8d for half-bred. Washed crossbreds went up to 9id. ENGLISH MARKETS. London, Dec. 13. The wool sales have closed with prices at the highest point as compared with tbe October series. Inferior merinos are 7£ per cent., and best merinos and all crossbreds 5 per cent lower. Consols, New Zealand 4 per cent, inscribed stock, 106 ; 3£ do, 94 South Australian wheat, 38a 9d, firm; Victorian do, 38s, business restricted; New Zealand long-berried wheat, 37a 6‘d, steady. No. I best Scotch pig iron, f.o.b. in the Clyde, 4Gs 9d. Sugar, best German beet, 12s 3d, quiet; Java, 14s 9d, nominal. Wellington hemp, fair to medium, £23 15s to £24. Kauri gum, good pale scraped, £5 New Zealand butter, best quality, averages £5 4s per cwt.