COMMERCIAL.

Temuka Leader, Issue 2178, 21 March 1891, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

the following is the Corn Exchange report (per N, P. Meyers, Secretary), for the week ending Friday, March 20th:—

The advance during the week in .wheat has not been unexpected, and the transactions have closed firm Speculator!- are all on the alert, but growers are wisely bolding aloof for the time being, expecting further rises The shipping accommodation j;is more than ample, and rates, are likely to be easier, which will harden the price of wheat. Oats are still sluggish, and sales are few except for prime milling, which are sought after for immediate requirements. Barley is neglected, maltsters only having room for choice samples. Grass Seed is declining, and the same remark applies to cocksfoot, chiefly owing to the North Island falling off, Potatoes have seen some business at 27s 6d to 28a for kidneys, and 25s to 27s 6d for derwents for forward delivery. Dairy produce remains at our last quotations. Our prices for the week are : j Wheat—Milling tuscan, 8s 8d ; pearl, 3s 6d; hunters, 3a 6d; second quality, 3s to 3s 2d; broken, 2s 7d to 2s 9d. i

Oats—Milling, la 8d; short feed,! Is 6d to Is 7d; long, Is 4d to Is sd. Barley—Prime malting, 3s 3d to 3s 4d; medium, 2a 6d to 2s 9d ; feed, Is 8d to Is lOd, Peas —Prussian blues, 2s lOd to 3s. Ryegrass Machine-dressed, 5s to 5s 3d; farmers’ lines, 3s 3d to 4s. Cocksfoot Best machined, 6d ; second quality, 4d to 4|d; seconds, from 3d.

Potatoes—Kidneys, 27s 6d at country stations. Dairy Produce Pactory butter, 8d; farmers, 7d; cheese, loaf, 4id; medium, 3|d to 4d.

The above prices are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra.

CITRISTOHDROH STOCK MARKETS

At the Addington yards on Wednesday there was a large entry of stock yarded. Store Sheep—About 6000 store sheep were yarded, a good demand existing throughout, prices keeping firm for forward conditipned’Crbssbreds and lambs. Ihe sale of culls was good. 1100 shorn crossbred lambs, .well grown and in capital condition, realised 9s, sound mouthed crossbred ewes 10s to lls, crossbred lambs 6s 6d to 9s 9d, according to quality, 2-tooth crossbreds 10s to 12s 7d, merino ewes 5s to 5s 2d, and wethers 5s 6d to 6s 6d, aged merino ewes 3s 6d. Pat Lambs—ln fat lambs about 1200 were yarded, the majority being good sorts of freezers, for which there was a firm demand, prices ranging from lls to 14a sd, at which rates all were cleared. The N.Z.L. and M.A. Co, sold for Mr A. M. Clark 40 at 12s 3d, 40 at lls Bd, 32 at lls sd, 49 at lls 4d.

Fat r beep—ln fat sheep about 4200 were penned, most; ( of which were high weight crossbred .Wethers and maiden ewes, which brought from 12s to 15s 6d, heavy weight wethers exceeding that figure. The sale was brisk, and only one or two lines were withdrawn. Merino wethers met with a ready sale at from 8s to He according to quality. The N.Z L and M.A. Co. sold for Mr A, M. Clark, crossbred ewes at 14s and 12s,

Fat Cattie —In fat cattle the entry, 174, compared very much in point of quality with last week’s sale, i here was an absence of old cows, Light weight : heifers and steers suited the trade requirements exactly and realised from 15s to 19s per 1001 b, in accordance with quality. Store Cattle, etc.—The 132 head of steers and dairy cattle were a very mixed lot. Dairy cows sold at £l 5s to £6 12s fid.

Pigs—About 150, chiefly porkers and baconers, made up an entry for which there was fair competition, and prices ruled much the same as recently.

DUNEDIN PRODUCE MARKETS

The following is the report for the week ending Wednesday; Wheat—Market firm, and prices if anything are tending upward, owing to the rise in Europe, and millers here have been very busy selling flour during the week, and have to replenish stocks first opportunity. Prime tuscans and velvets, 4s; other sorts, 3s 8d to 3s lid. Fowls’ wheat, very scarce. Good whole, 3s 7d to 3s 8d; broken and inferior, 3s 4d to 3s 6d. Barley—Several new parcels have been transacted at for best malting, 3s to 3s 3d; milling, 2s 6d to 2s 8d ; feed, 2s 3d to 2s 4d. Pearl barley, £l3 per ton. Oats—All coming forward are easily placed at for prime milling, Is 5d to Is s|d ; bright plump feed, Is 4|d to Is 5d ; off color, Is 3d to Is 4d ; danish in demand for the coast at Is 4d to Is 4|d for good quality. Hops—Nominally, Is to Is Id. Onions—£B per ton.

Flour—This article at moment of writing has not yet risen, but no doubt must ere long. Timaru roller, £10; 50’s, £lO 15s ; Oamaru, town, and southern stone, £9 ss; 50’s, £9 15s. Oatmeal, long town bulk, £9; 25’s, £9; bulk short ton, £8 10s ; 7’s, £lO. Linseed, £lB. '

Bran, £2 10s. Sharps, £3 10s. Potatoes—Kidneys not saleable; derwents are in plentiful supply £2 10s to £2 15s.

Pigs—2£d to 3d for good sizes for bacon outers; hams, 7d to 8d; bacon, 5d to 6d. Chaff—37s to 42s 6d. Turnips —18s to 20s for Swedes. Carrots, 35s to 40s, Straw—Oaten and wbeaten, 30s to 355. Hay, oaten, £3. Clover and ryegrass hay, £3 to £3 6s. Butter —Prime salt, 6jd, packages extra; fresh in good supply. Eggs are scarce. Honey, 4£d to sd; new season’s to band. Cheese, factory, 4d to 4£d ; Akaroa, to 4d. Grass Seeds—Ryegrass, farmers’ lots, 3s 9d to 4s 6d ; machine-dressed, 5s 6d; cocksfoot firm and in good demand at 4fd to s|d.

Sheepskins continue to meet with ready sale, in fact the demand far exceeds the supply. On Tuesday country dry. crossbreds, low to,medium, brought Is 9d to 3s lOd ; do do merino, Is 9d to 3s 8d ; full-woolled crossbreds, 4s lOd to 7s ; do do merino, 4s 3d to 5s lid ; dry pelts, 2d to Is 7d ; butchers’ green crossbreds, best brought 3s to 2s 2d ; good to medium, 2s to Is 8d; inferior, Is 7d to Is sd ; green lambskins, best 3s Id to 2s 3d ; medium to inferior, 2s 2d to la lOd, Hides —A good demand exists for prime heavy hides. Prime heavies to 8d per, lb (for extra heavy and thick a £,d to Id more) ;, medium weight, 2d to per lb; light and inferior, to lid. Taillow—The demand is hardly so brisk. Prime rendered mutton tallow, £2O to £2l; prime rendered mixed, £lB to £l9; medium, £l6 to £l7; inferior, £lp to £l4 ; clean mutton cauls, 12s to 13s 6d; inferior to medium, 9a 6d to 11s.

DUNEDIN ST?OCK MARKETS.

, At the Burnside Yards on Wednesday the following business was transacted,:—-,

Pat Cattle—l7s head yarded; nevertheless prices were barely equal to those' current last week. As far as regards quality, there were few really prime cattle forward; indeed, the majority of 'them were only half and three-parts fat. Beat bullocks brought from £6 10a to £8; medium, £4 10s to £6; light, £3 to £4; best cows, £5 to £7; medium, £2 10s to £4 10s; inferior, £1 to £2. Pat Sheep—2l64 penned, a large proportion of them ewes of very indifferent quality. The demand, excepting for best lots, was not brisk, and values as compared with last week’s were quite Is lower. Best crossbred wethers brought from 13s to 14s; medium do do, lls to 12s 6d ; light do do, 9s to 10s; best do ewes, 12a to 13a; ordinary do do, 10s to lls 6d ; light do do, 7a to 9s ; merino wethers of medium quality, 7s to Bs.

Pat Lambs —708 came forward to a good market. Last week’s prices were well maintained. Prime freezers realised from 10s to 12s 6d; ordinary lots, 8s 0d to 9s 6d ; light and inferior, 6s to 7« 6d.

Pigs—l 92 penned, most of them storer. Last week’s values were not maintained, Bacon pigs brought from 30s to 38s; porkers, 2ls to 275; stores, 5a to 17s; stickers, 3s to 7s.

AUSTRALIAN MARKETS. Sydney, March 18. Wheat—Chick feed, 2s lid to 3s 3d; milling, 8a lid to 4s. Oats—is lOd to 2a 2d. Maize—New, 2a 6d to 2s lOd ; old, 3a 3d toJSsfid. BarleyCape. 2s 3d, . Bran, 7£d. Pollard, 8d to B£d. Blue peas, 3s 8d to 3s 9d. Potatoes—Circular Heads, £3 15s. Onions, £3 to £3 ss. Butter— Dairy made, 5d to 6d; factory made, 7d to Bd. Cheese—Loaf size, sd. Bacon —Machine cured, 5d to fid; hand cured, fid to 8d ; New Zealand, cured, 8d to 9d. Hams—New Zealand, lid. Melbourne, March 18, Wheat— 3s fid to 4s. Flour—Stone make, £7 10s to £8 ; roller make up to £9 10s. Oats—Thin tartarian, 2a to 2s 2d; half danisb, 2s 3£d to 2s fid; good stout, 2s 9£d. Maize—2a lOd. Barley—Feeding, 2s 3d; malting, 2a ll|d. Bran—lo§d. Adelaide, March 18,

Wheat—Firm, 3s lid to 4s. Flout —Stone makes, £7 ;10s to £B;,roller makes, £8 10a to £9. Oats—New Zealand feeding, 2s to 2s 3d. Barley Cape, 2s 4d to 2s fid ; English malting, 2s 9d to 4s. Bran, Is. Pollard, lid.

. ENGLISH MARKETS. London, March 17. Silver, 3s 9£d per oz. Parts of ninety carcases of frozen meat landed from the Kaikoura were found to be bad. 27,000 carcases were in perfect condition. Some 5000 carcases have, .yet to be discharged. The insulation appears perfect. Ihe quantity of wheat and flour afloat for the United Kingdom is 2,572,000qr5. The English wheat market has an upward tendency; the Continental is firmer; the American is declining. Bank of New Zealand shares, new issue, £9.

The American visible supply of wheat is estimated at 41,000,000 bushels.

The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated 17? h inst. : Wheat market is quieter, but firm. New Zealand wheat, average is worth 41s per 4961 b; other quotations unchanged since last telegram,