COMMERCIAL.

Temuka Leader, Issue 2140, 20 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 19th:— The showers of Wednesday evening and yesterday will do an infinite amount of good in the way of staying Ihe absolute destruction of many of our crops on the higher lands, also the potato crops. Harvest has commenced in many parts, and we can estimate that next month will see us in full swing. Our markets have been quiet for the week with the exception of oats, which have seen a firm and active demand, prices consequently have remained firm at last week's quotations. Wheat has a fair passing enquiry, the principal business being among local consumers. Barley remains dormant, no good malting in the market. Dairy produce has been active for Home orders. We quote as follows : Wheat —Prime tuscan, 3s 6d ; pearl, 38 5d ; hunters, 3a 3d to3s4d ; second quality, 2a 9d to 3s ; broken, 2s 4d to 2s 6d. Oatß—Milling, Is 8d ; short heavy feed, Is 7d ; inferior, Is 4d to Is 6d. Barley—Malting (nominally), 2s 9d to 3s ; feed, Is 6d to Is 9d. Beans—2s 6d. Peas—Prussian blues, 2s 9d to 8s; feed, 2s 4d to 2s Gd. Dairy Produce —Cheese: Loaf, 4d ; medium and large size,3£d. Butter: Prime factory make, 7£d to 8d; farmers' keg, 6d to 7d. The above prices are those paid to farmers for delivery, f.o.b, Lyttelton, sacks extra. CJTRISTCHUROH STOCK MARKETS. At the Addmgton Yards on Wednesday the market was very heavy, owing to it being the principal sale before Christmas. There was a large attendance, and very satisfactory business resulted. Store Sheep About 1200 were yarded, for which fair prices were realised. Eat Sheep Nearly 7000 were penned, many pens containing only half conditioned sheep. For exceptionally good wethers or maiden ewes a fair demand existed, but prices varied very much on anything of indifferent quality ; best crossbred wethers brought up to 14s. The full supply of last week prevented a keen demand. Fat Cattle—An enormous entry of beef, and bad arrangements for the sale of it, caused the sale to drag wearily till nearly 3 p.m. Over 350 head were yarded, of which there was some of as good quality as could be desired on the Hhow ground ; best ox beef was fully £1 per 1001 b, and very little was sold under 18s, but a good many of the beasts offered were withdrawn for private sale. Store Cattle —The sale of store cattle and dairv cows was very limited. Pigs—There was a fair entry of good sorts of porkers and a few stores. CHRISTCHURCH WOOLSALK3. Christchuech, Dec. 18 The third series of wool sales began to day. 2539 bales were offered, and a large proportion was sold. Prices for bright fine showed an advance of |d to fd per lb on last Crossbreds and merinos remained at last sales' prices, but the demand was firmer, owing to the prenence of Australian buyers. The local demand for locks and pieces was keen DUNEDIN PRODUCE MARKETB. The following is the report for the week ending Wednesday:— Wheat—Market if anything a little firmer owing to bad reports about the coming wheat crops in the North, where it continues extraordinarily dry. Tuscan and velvets, 3s 9d to 3s lOd; other good milling sorts, 2s 6d to 2s Bd. Fowls' wheat: In fair demand ; good whole, 3s to 3s 3d ; broken and interior, 2s 6d to 2s lOd. Barley—Malting, 2s 8d to 2s lOd ; milling, 2s 4d to 2s Gd ; feed, Is 9d to 2s. Oats —Oats have advanced at least Id to 2d per bushel, and have good inquiry for milling, Is sdtolssid; bright plump feed, Is 4d to Is ether sorts, Is Id to Is 2d (sacks extra). Flour—Timaru roller, £10; 50's, £lO 15s ; Oamaru town and feouthern ' stone, £9 5s ; 50's, £9 15s. Oatmeal—Long ton bulk, £8 10a; 25'«, £8 10s; short ton bulk, £B. Brao, £2 10a. Sharps, £3 10s. Potatoes Fresh kidneys, prime quality, £8 per ton. Pigs—3d to 3£d for suitable sizes of good quality ; hams, 7d to 8d ; rolls and flitches, 5d to 6d. Chaff— 35s to 42s 6d per ton. Straw—Oaten and wheaten, 30s to 355, Butter —Best salt, nominally, 6J to 6|d; fresh, plentiful. 1-ggs, plentiful. Honey, sd. Cheese —New Akaroa, 3|d to 4d ; factory, 4?d to4ij?d; old Akaroa, to 3d per lb. Grsss Seeds—Ryegrass, 3s to ss; cocksfoot, 4d to 5d ; seconds, 3d. Sheepskins—On Tuesday, compared with values ruliug at lpst week's sale, green crossbreds, unshorn, brought about 3d per skin more money ; pelts, where the condition was sound, a proportionate advance. The best lines of crossbreds offered suld at 6* 3d to , Ga Gd ; medium, 5s to 5s 6d; inferior^

4s 6d to 4s lOd ; green merinos, 3s 8d to 4s 9d ;" green pelts, lOd to Is 6d ; lamb skins, Is to Is 6d; country skins proportionate rates. Hides—the demand is still confined to local buyers, and quotations may be given as under:—Prime heavy ox, from 601 b to 701 b, 2|d to 3d per lb ; good average dry salted ox, 2£d to 2f d; medium quality mixed classes, 2d t©2id;/light and inferior, to lfd ; bulls and slippy, Id to l£d per lb. Tallow, and Kough Fat —The quantity offering is barely sufficient to meet the requirements of local buyers. Prime Tendered ia uttdn may be quoted at 19s to 20s per cwt; medium to good, lGs to 188 ; inferior, 13s to 15s; clean unrendered caul fat, 13s to 14s ; best rough fat to 12s ; inferior, 10s to lis. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted : There were large entries and a good attendance.' Fat Sheep—27oo to hand, pome 27Q0 to hand, some four or five pens being merinos, and the major portion of the remainder ewes of different grades The sale opened with, a sluggish tone, and for a considerable time a drop of from Is 6d to 2s per head was noticeable on the day's transactions, compared with last week. Competition, however, improved towards the middle and close of the auction, and fully Gd Der head of the decline above referred to was recovered later on. A peri or two of wethers recently exhibited at some of the Southern shows—one lot of which were wonderfully heavy weights—sold.at from 15s. to as high as 208, but current quotations for the day in shorn sheep were as under:— Prime trade or freezing wethers 13s to 13s 9d, medium weights 12s to I2s6d, mixed sexes 10s 6d to lis 6d, best ewes 10s 9d, lis to 12s, medium 10a to 10s 6d, light 9s to 9s 6d, merino wethers 5s 6d to 6s 6d, : best crossbred ewes in the wool 15s to 16s 6d,inferior to medium 13s to 14s 6d.

Fat Cattle representing all classes of quality. The supply was slightly in excess of the demand and the general tone of the market weak, a drop of nearly 10s per head below last week's quotations being noticeable at the finish of the sale. Best bullocks brought £9, £9 10s to £lO, and in one instance £lO 2s6d; medium weights, £7 10a, £8 to £8 10s; light, £5 5a to £6 10a; a few pens of exceptionally heavy cows and heifers (previously referred to), sold at £7 10s to £8; good wellgrazed lots, £5 10s to £6 10s ; light, £4 10s to £5

Fat Lambs—774 penned, about onefourth of which might be cousidered prime. Prices showed an advarce of from Is to Is 6d per head on last week's prices. Prime lambs brought lis to 12s, a few exceptional lots 13s, to in one instance as high as 14s 9d; fairly good lines 9s 6d to 10s 61; medium, Ss'Gd to 9s; inferior, 7s 6d upwards, but there were very few sold under 8s 6d ; the bulk at from 9a to 10s Gd. Pigs—l 74 yarded. Porkers brought 23s to 28s, medium weight bacon lines 31s to 35a, heavy to 43a. slips 16s to 20s, suckers 12a 6d to 14s. AUSTRALIAN MARKETS. Sydney, Dec. 17. Wheat, chick, 3a 3d to 3s 6d ; milling, 4s. Oats, Is 9d to 2s. Maize, 3s lOd to 4s Barley, Cape, 2s nominal ; English feeding sorts, 3s. Bran, 7d. Pollard, Bd. Peas, blue Prussians, 3a lid to 4s Potatoes, £4 5a ; old potatoes are unsaleable. Onions, £7 to £B. Butter, dairy-made, 61 ; separator-made, 7d ; factory-made, Bd. Cheese, 4d to 6d. Bacon, machine-cured, 54 to Gd ; hand-cured, 6) to 7£d ; New Zealand cured, 9d New Zealand bams, Is. » Melbourne, Dec 17. Wheat is now in strong demand ; prime sorta fetch 3s 9|d lo 3a lOd. Flour, stone, £'7'lsa to £8 5a ; rollermakes, £8 15s to £9 sa. Oats, medium cood, atout, 2s 7d to 2s B£d. Maize 3s 4d. Barley, malting, new crop, 3a 3d to 3s 4d. Bran, 9d to 9£d. Peas, 2s lid to 3a. Queensland sugars, whites, Bre quoted up to £23. Adelaide. Dec. 17. Wheat, 3s 91. The harvest ia late this year, and there will be no largp deliveries of new wheat till January. Flour, stone-makes, £7 10s to £8 ; rollnr-makea, £8 10s to £9 sa. Bran, 8d to 8R Pollard, BJd. ENGLISH MARKETS. London, Dec. 17. The butter which has been received here from Melbourne and Sydney lately ia of excellent quality, and much has been sold at 112 s to 115 a Some of that forwarded by the Victorian Q-overnmenfc brought 112 a, and other Melbourne consignments 95a. The wheat by the Cambrian Monarch brought 36s 9d, and an August shipment 38s 2d. An Australian December to January shipment has been already disposed of at 37s 3d. Germany withdraws from London this week a sum of £640,000 in gold. The total quantity of wheat and flour afloat for the United Kingdom is 2,300000 quarters, and for the Continent 748,000 quarters Ihe money market is declining, three months' bills now being <juoted at 3 ; T per cent. NZ.L. and M.A. Co.'a shares are | quoted at £2 15s. N.Z and Biver ' Plate and Laud Mortgage Co.'s, 10s