COMMERCIAL.

Temuka Leader, Issue 2172, 7 March 1891, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. 1 he following is the Corn Exchange report (per N, P. Meyers, Secretary), for the week ending Friday, March 6th:— '1 he weather has been all that could be desired during the past week for completing the harvest work, and it is hoped that the damage will not be so serious as was anticipated. The advent of several large grain ships in our harbor, together with the hardening tendency of the English market, has had the effect of firming the local market for wheat, and buyers are more anxious to operate. Oats are still lifeless, only prime milling meeting with anything like a demand. Barley is being largely dealt in, and prime malting firmly maintains our quotations, but anything second quality has a very drooping tendency. Grass Seed is easier on account of the North Island demand slackening off. Cocksfoot is fairly good property at quotations. We hear of sales of kidney potatoes for prompt delivery at 80s at country stations, also derwents at 25s off the forks in May. Dairy Produce is stationary, butter seeing more trade than cheese. Ihe following are our quotations:— Wheat Prime milling tuscan, 3s 5d to 3s fid ; pearl, 3s 4d ; hunters, 3s 2d ; whole chick, 3s ; broken, 2s 4d to 2s fid.

Oats—Milling, la 8d; short feed, Is fid to la 7d; long and inferior, Is 4d to is sd. Barley—Prime malting, 3a 3d ; medium, 2a 8d to 2a lOd ; feed, Is 9d to 2a. Peas—Prussian blues, 8s to 3s 3d ; feed, 2s fid to 2s 9d.

Potatoes Kidneys, 30s, country stations,, (tendency downward). Grass bead—l own machine dressed, 5s to 5s 3d; farmers’, 3s 6d to 4s. Cocksfoot, 4d to 4fd. Dairy Produce Butter, factory make, 7d to 8d ; farmers’ lots, 6£d to 7d. Cheese, loaf shape, 4Jd; larger sizes, to 3|d. The above prices are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday the attendance was very large, and business was brisk in nearly all departments, Fat Cattle—There were 192 head of fat cattle yarded, of which some were very prime. The demand was inactive and values were not sustained, a drop of from Is to Is 3d per 1001 b being suffered on last week’s sales. Best ox and heifer beef sold at 15s 6d to 18s per 100 b, medium quality 14s. Store Cattle—ln store cattle there were a few small lines of young stock, for which there was but little demand, 2-year-old steers being sold at 34s to 455, and heifers at 30s to 41s. The number of cows on offer was about as usual, and they sold more freely than recently, but at low prices Fat Sheep—About 4500 fat sheep were yarded. Some .special features of this sale were Mi Leonard White’s crossbred wethers, which sold up to 235, and Mr H. D. Buchanan’s merino wethers,which were all cleared at prices ranging from 12s to 13s, a good demand existing throughout the sale. Among the lines sold were crossbred wethers and merinos at 10a 9d to 15s 6d, halfbred wethers and maiden ewes at 14s 7cl, merino wethers at 10s 9d to 12s 9d, crossbred wethers at 14s 3d to 15s 6d, maiden ewes at 14s to 14s Id, crossbred ewes at 8s 4d, merino wethers at Bs.

Store Sheep—There was by far the largest entry of store sheep that has been made this season, and the sale was protracted. A fair demand existed for improvers, and nearly all lines changed hands. Tb# following are the leading prices:—4-tooth crossbreds lls 8d to 18s 3d, sound-mouthed crossbred ewes 7s 6d to 10s, aged do 4s to 6s, merino ewes 3s 4d and s large line of Kaituna wethers 5s 4d. A very large proportion of the section was occupied by crossbred lambs, which brought all prices from 3s 4d to 9s, and met with a ready sale. Fat Lambs —In fat lambs about 1200 were yarded, and in consequence of the recent news from England there was an eager demand for export. Butchers had little or no chance in the face of this to secure auy of the lines at reasonable rates. Some heavyweight lambs brought up to 14s 6d, and good Ireezers 10s 6d to 13s 9d, very few being sold at leas than that figure. Pigs—There was a small entry as compared with the past few weeks, and there is nothing fresh to report about prices,

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—Market unaltered; prime samples find buyers at, for good tuacan and velvet, 3a lid to 4s;'medium, gs 8d to 3s lOd. Fowls’wheat, scarce, good Whole, 3s 6d to 3s 7d ; medium and broken, $s to 3s 6d. Barley—Not much peering yet. Best malting, 3a to 3s 3d ; ndlljng an. 4 feed, 2s 2d to 2s 6d, Oats-'-Best milling, fs 5d to Is s£d; bright plump feed, la 4£d to Is 5d ; medium, Is 3£d to |s Flour —Timaru roller, £|.o; fiO's, £lO los ; Oamaru town, and Southern, £9 ss; 50's, £0 10s, Oatmeal, in 20’«, £9; bulk, £8 10s; 7’s, £U Bran, £2 10a. bharps, £3 10a-

Potatoes Kidney, £3; derwents (in demand), same price. Onions—£s to £6.

p,g ß _2id to 3£d ; the latter figure for 1501 b bacon pigs only ; hams, 7d to 8d ; bacon, 5d to fid, Chaff-35s to 42s fid. Straw —Oaten and wheaten, 80s to 85s. Butter—Prime salt, fid to 6|d, (kegs extra); fresh, scarce. Bags—ln fair supply. Honey, 4id to sd. 5 Cheese—Factory, 4dto4£d; Akaroa, 3£d to 4d. Grass Seeds—Ryegrass, farmers’ cleaned, 8s 9d to 4s fid. Cocksfoot, 4fd to 5d per lb,

Sheepskins—On Tuesday butchers’ green crossbred pelts brought-?-best 2s 2d to 2s 8d ; fair to medium, Is 7d to 2s ; inferior, is 4d to Is fid; green lambskins, Is to 2s fid; full-woolled crossbred, 4s fid to 6s fid; do do merino, 4s 2d to 5s 9d. Hides —All consignments coming forward are readily disposed of at prices as follow: —Good sound heavyweights, 501 b and over and well flayed, 2£d ; medium, 2d to 2£d; light, l£d to Ifd ; slippy, id to l£d. Tallow —A good demand exists for all lota coming forward. Prime rendered mutton, 19a to 20a ; medium to good, 16a to 18e; inferior and mixed, 12s to 15a fid ; rough fat, from 9a to 13a fid per cwt.

DUNEDIN STOCK: MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—l 24 head were yarded and sold under good competition, 'there is no improvement to note on last week’s quotation's. Best bullocks brought £7 to" £9 • medium to good, £5 7s 6d to £6 15s ; light and inferior, £3 10s to £4 15s; best cows, £4 10s to £6 17s 6d; light and medium, £2 7s 6d to £4 10s. Fat Sheep—274B were yarded, of which 200 were merinos. There was no noticeable difference in values from lastiWebk in inferior sorts. Quotation s as follow: —Best crossbred wethers, 15s; medium, lO.s to 12s 6d ; best crossbred ewes, 15s; medium, 9s to lls ; merino wethers, up to 13s. Fat Lambs—479 came forward, one pen of extra heavy was taken for export at 12s 3d ; good to best brought Bs’ 6dto 10s 6d ; inferior to medium, 5s 6d to Bs. Pigs —259 were penned, and suckers sold at 5s to lls, slips 13s 6d to 15s, stores 15s to 20s, porkers 23s to 28s, baconers 30s to 88s, and a few extra heavy weights at 535.

AUSTRALIAN MARKETS. Sydney, March 4 Wheat, chick, 2s 9d to 3s; milling, 3s 9d to 3s lOd. Oats, Is lOd to 2s. Maize, new, 2s 6d to 2s 9d ; old, 3s to 3s 2d. Barley, Cape, 2s to 2a 2d; English, 3s. Bran, 7£d ; pollard, B£d. Peas, Prussian, 3s 9d. Potatoes, £8; Tasmanian, £4 ss. Onions, £3 5s to £3 10s. Butter, dairy, 5d to 6d; factory, 6d to 7d. Cheese, loaf, sd. Bacon, machine made, 5d to 6d ; hand made, 7d to 8d; New Zealand, 9d, dull. Hams, New Zealand, lid, quiet. Melbourne, March 4. Wheat unsettled, 3s 8d ; oats, thin white 2s to 2s 2d ; Danish, 2a 3d to 2s sd; stout, 2s 8d ; bran, 9£d ; peas, 2s 3d ; sugar, fine Queensland white, £23. Adelaide, March 4. Wheat, firm, 3s 9d; flour, stoneground, £7 10s to £8; roller, £8 to £9; oats, New Zealand, duty paid, 3s Id to 3s 2d; barley, malting, 3s 2d to 3s od, dull; bran, 10£d ; pollard, 9d.

ENGLISH MARKETS. London, March 4. The total quantity of wheat and flour afloat for the Doited Kingdom is 2,192,000 quarters, and for the Continent 936,000 quarters. The American visible supply is 42,400,000 bushels. A cargo of New Zealand wheat on passage has been sold at 37s 3d. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated 3<•<! inst. : "Wheat market is firm. New Zealand long-berried is worth 40s per 4801 b.. Other quotations unchanged since last telegram