COMMERCIAL.

Temuka Leader, Issue 2205, 23 May 1891, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

'I he following is the Corn Exchange report (por N. P. Meyers, Secretary), for the week ending Friday, May 22nd: — Since our last report we have to note a better tone in the English and Continental wheat market, and locally our last, week’s quotations have been fully maintained. Oats remain quiet, with only a local enquiry, and the same remark applies to barley. Beans and peas are steady at our quotations, but grass seeds are easy, it being out of season. Potatoes have thoroughly collapsed, and are difficult to place at any figure. This is chiefly on account oi the sudden fall in Sydney prices,

which have gone down to the nnprecedently low figure of £2. This we think, however, will only bt momentary, and we hope to be able within the next few weeks to report more favorably with respect to the ‘ tater.’ Dairy produce remains firm; with an active inquiry for good makes. Quotations are as follow Wheat—Tuscan, 4s to 4a Id ; pearl, 3s lid to 4a; hunters, 3s lOd to 3s lid ; second-quality milling, 8s 6d; broken, 2s 9d to 3s.

Oats Milling, Is 8d to Is 9d ; stout feed, Is 7d ; long and inferior; Is 4d to Is fid.

Barley—Prime malting, 3s; second quality, 2a fid to 2s 9d ; feed. Is 8d to Is 9d.

Peas—Blue, 2s lOd to 3s; feed, 2s fid to 2s 9d.

Grass Machine-dressed, 5a to 5s 3d ; farmers’, 3s fid te 4s ; cocksfoot, sd.

Potatoes—Nominally, 20sat country stations.

Dairy Produce—Butter: Factorymake,' 9d to lOd ; farmers’ keg, 7d to Bd. Cheese : Loaf, 4id ; large, to 4d. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday the attendance was good. Store Sheep—There was only a small entry, not over 1500 being yarded, of which the following were the leading lines:—Crossbred ewes 8s to 10s, forward conditioned crossbred! wethers 12s lOd to 15s, half bred do at; 12s 9d, two lines of 2-tooths 12s 5d to 12s 9d, crossbred lambs Ba, and two small lets of superior quality 9a 3d and lls, merino cull wethers at 2s sd, and two lines of ewes 3s 9d.

Fat Sheep—About 4000 fat sheep were yarded, the entry being a mixed one. The demand was good, and all kinds suitable for export: met with a ready sale. Best crossbred wethers brought from 15s to 18s 6d, fat wethers aud maiden ewes 14s 6d to 16s 6d, and lighter sorts or crossbred ewes 10s 9d to 12s 3d. The demand lasted well throughout the sale, and every line whs sold at satisfactory prices. Messrs Miles and Co. sold for Mr McShane, 61 crossbred ewes and wethers at 16s 9d to 18s Bd. Fat Lambs—92 sold at 9s 2d to 10s 2d, 30 shorn at 6s 6d.

Fat Cattle —204 head of very good quality fat cattle were yarded, which compared favorably with the entry of beef for the last month or two. A couple of prime beasts brought down last spring from Napier brought £l2 10s, or fully 20s per 1001 b. The remainder of the entry consisted of nice steers and heifers for which there was a better demand, the ruling price being 17s to 19s 6d per 1001 b. Stores, etc. —There was a smaU entry of old cows and the usual odd lots, besides a few yearlings, for which there was a dull sale, at from 19s to 265. Pigs—3so bead, chiefly baconers and porkers, were sold at prices about the same as last week. Best baconers of the size required brought from 2£d to 2fd per lb, porkers from 3d to 3fd, DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:—

Wheat—Market firming. Bes* tusean, 4s 7d to 4a 8d; other good milling sorts, 4a 5d to 4a 6d; fowls’ wheat, 3s lOd to 4s Id. Barley—Malting,. 3s te 3s 3d; milling, 2s 4d to 2s 6d: feed, 2s to 2s Id ; pearl barley, £l3. Oats—Bright milling and prime plump feed, Is 6d to Is Is 4d to Is 5Jd. Flour —limaria and Oamaru roller, £l2 ; stone, £ll ss. Oatmeal, £8 10s to £9. Bran, £3 15s. Sharps, £4 10s. Potatoes—£2 5s to £2 7s 6d. Onions—£6. Pigs—3d to B|d for good sizes; hams, 7dtoßd ; bacon, 5d to 6d,

Chaff—£2 6s to £2 7s 6d. Turnips —lss to 18s. Carrots —30s to 355. Straw—(Oaten and wheaten), 30s to 355. Hay (oaten), £3. Clover and ryegrass hay, £3 ss, Butter—Prime salt, to 8d per lb (kegs returnable) ; prime factory, (Taranaki best, in 561 b boxes, lib pats), lid per lb. Eggs—Fairly supplied. Honey, 5d per lb. Cheese—-ikaroa, 3fd to 4£d. Grass Seeds—Ryegrass, 3s 9d to 5s 9d; cocksfoot, 4|-d to sfd.

Sheepskins continue in good demand. On Tuesday country dry crossbreds, inferior to medium, brought Is 9d to 3s lid j do do merino, Is lOd to 3a lOd; full-woolled crossbreds, 5s Id to 7s Id ; do do merino, 4s 8d to 5a lOd j dry pelts, 3d to Is 8d ; butchers green crossbreds, well woolled and fide fibre, best, 4s 7d to 3a 8d ; good to medium, 3s 7d to 2s lid; green lambskins, best, 4s 6d to 3a 3d; medium, 3s to 2s 6d each. Hides—Quotations, for inferior and slippy, Id to Ud ; light, l£d to l|d ; medium, 2d to 2*d ; up to 601 b, 2|d to 3d; 651 b and up to 801 b, in good condition, id to Id per lb more, Tallow The demand continues fairly active, and no difficulty is experienced of disposing of consignments at the following quotations : For best rendered mutton, 18s 6d to 20s; medium to good, 15a 6d to 17s 6d; inferior and mixed, 12a to 15a; rough fat —best 13a to 13s 6d j inferior to medium and good, 9s to 12s 6d per cwtt

DUNEDIN STOCK MARKETS. 7 At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—2o9 head forward. Gfthese only about 50 head were heavy; bullocks the remainder ranged from, medium down to inferior. Oompeti > tion was very slack, and prices cannot! be quoted any higher than last Week. Best bullocks sold at £7 10s to £9;i medium, at £5 6s to £6 15a ; inferior, at £3 2s fid to £4 10s ; cows and j heifers, at £8 to £6 15a. Fat Sheep—Only 1794 being penned, < The hulk of the wethers forward were' of good quality. The ewes to hand j ranged from prime to inferior. Bidding I all through the sale was brisk, and for j prime quality wethers and maiden ! ewes prices were Is better than last weak, but medium and inferior sorts showed do improvement. Best crossbred wethers sold at 15s 6d to 17s fid ; medium, 12s to Tda 9d i; best crossbred ewes, 15s to 16s; medium, 12s 3d to 14s fid; inferior, 9s to lls Bd. Fat Lambs Only 130 penned, which sold udder brisk competition at 10a to 13s. Pigs—l 74 were penned to-day which were fairly well competed for at about last week's rate. AUSTRALIAN MARKETS. Sydney, May 20. Wheat—Chick, 3s 7d to 3b lOd; milling, 4s lOd to 6s. Flour —Stone made, £lO 5s to£lo 15s; roller made, £ll 10s to £l2. to 2s ; seed, 2s 2d. Maize, 2s to 2s 4d. Barley—Cape, 2s 4d; English, 3a, nominal. Bran —lOd to Peas —Prussian blues, 3s - '6H. Potatoes— New Zealand, £2 to £2 5a ; Circular Heads, £2 15s to £3; onions, £3 15s: Butter—-Dairy made, Is Id'; factory made, Is 3d, market depressed.! Cheese, fid to 6£d. Bacon—Machine cured, 5d to fid; hand, to 7^d; New Zealand, Bd. Melbourne, May 20.

Wheat, milling, 4s 9d. Flour, stone made, £9 Jss to £lO 5s ; roller makes, £lO 10s to £ll,los. Oats, dull, 2s 4|d to 2s 7id. BatTeyj Cape, Is 10d; English, inferior, 2s 6d. Bran, 4d. Peas, 2s 9d. A belaid e, May 20.

Wheat—Shipping :ptf feels, 4s 7d to 4s Bd. Flour—Stone makes, £9 6s to £10; roller makes, £lO 5s to £lO 15s. Oats —New Zealand, in bond,.2s 3d to 2s 4d. Barley-—Cape, 2s 4d to 2s 7d; malting, 2s 9d to 4s. Bran, Is Id to Is Pollard, Is Id. ENGLISH MARKETS. London, May 20. The total quantity of wheat and flour afloat for the United Kingdom is 2,712,000 quarters, and for the Continent 1,864,000 quarters. Ihe American visible supply of wheat is estimated at 31,200,060 bushels.

The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated I9;h May Wheat market firmer, New Zealand wheat, f.a.q., c i.f., to arrive, has advanced 8d since last report; other quotations unchanged since last telegram.

The New Zealand Farmers’ Cooperative Association of Canterbury, Limited, report having received the following cable from their * London agents, dated 19th May:—• The present price for fair average quality New Zealand wheal at Mark Land per 4961 b, ex granary, sacks extra, is 445, market stationary. The present value of Canterbury mutton 3s, and lamb 8s 7d per stone of 81b.