COMMERCIAL.

Temuka Leader, Issue 2244, 22 August 1891, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE.

The following is the Corn Exchange report (perN. P. Meyers, Secretary), for the week ending August 21st;—

Cables from Home during the past week with regard to the English and European markets have been rather sensational, Rises have been very decided, and from all appearances prices are likely to go still higher. Locally it has had but little effect on the markets, beyond making holders less inclined to sell. There has been a. demand for secondquality barley, but prices seem to remain about the same as last week. Oats are steady, with but few offering. Grass seed Has a steady demand for machine-dressed samples. Cocksfoot, however, is a little weaker, and cannot now be quoted over s|d for the best 161 b seed. Potatoes are selling in small lots at 10s at country stations. Dairy produce is in fair demand, at our quotations, which are as follow : Wheat—Prime tuscan, 4s 3d to 4s 4d; pearl, 4s 3d; hunters, 4s Id to 4s 2d; seconds, 3s to 3s 3d. Oats—Milling, Is lOd; short feed, Is 9d; inferior and long, Is 7d to Is Bd.i Bailey—Prime malting, 2s lOd to 3s; medium, 2s 6d to 2s 8d; feed, Is 9d to Is 10d. Beans—2s 8d to 2s 9d. Blue peas—2s 8d to 3s, Ryegrass—Machine-dressed, 5s to 5s 3d, Cocksfoot, 4Jd to sjd. Potatoes—los at country stations. Dairy Produce—Butter, factoiy make, Is; farmers’ keg, 9d. Cheese, loaf, 4id,; medium and" large, 3fd to 4d. The above prices are those paid to farmers for delivery f.o.b. Lyttelton, sacks extra, potatoes excepted.

CHRISTCHURCH STOCK MARKETS.

At the Addington Yards on Wednesday the total number of stock yarded comprised 6460 sheep, 200 head of cattle, and 232 pigs. Fat Cattle—About 120 were brought forward for the week’s . supply. In consequence of this short. supply the competition was keener than for some weeks past, and good-quality cattle commanded better values. Best bullocks made from £8 to, £9 ss; lighter weights, £5 10s upwards. Best cows and heifers made £G to £7 12s 6d; medium and inferior, £3 upwards. Store Cattle —This market is without any improvement. Fat Sheep—There was a moderately full entry, but the quality generally was far below the standard for some weeks !>ast. The bulk of the entry consisted of ight-vreight -sheep of only medium

quality and merino -wethers. Heavy weights and prime quality .were quite the exception, the result being a decided rise of Is to Is 6d per head on all good freezing sheep, and a decline of about, the same amount for medium and inferior quality, and several lines were passed out unsold. Pens of best crossbred wethers made from 19s to 235; medium, 16s to 18s 6d; light weights, 14s upwards; extra heavy weights, 25s and 325. Best pens of crossbred ewes, 16s to 19s; medium, 13s to 15s 6d; inferior, 9s 6d upwards; merino wethers, top pens 15s to 17s 3d, medium 10s to 12s, inferior 6s lid upwards. Store Sheep -—A very good entry, principally crossbred hoggets and two and four-tooth crossbreds of mixed sexes, for which there was a good demand. Good two and four-tooths, mixed sexes, made 13s to 14s, medium 12s upwards ; crossbred hoggets, 9s to 13s 3d; crossbred ewes, in lamb, 13s 6d, old 9s upwards ; merino wethers 5s 9d, and merino ewes 4s to 6s, according to condition. Pigs were all cleared at about last week’s values.

Sheepskins, Rougfy Fat, Hides • and Calfskins—There was the usual attendance of fellmongers. Competition was fair, and all lots cleared at the following values :—Butchers’ best crossbred skins, 6s 9d to 7s lid, extra size and weight 9s 7d, medium 5s upwards; butchers’ best merinos; 6s to 7s 6d, medium, 4s upwards; very few country skins forward. Rough fat, ldtol|d; rendered, IJd. Hides and calfskins are. without alteration.

DUNEDIN PRODUCE MARKETS,

The following is the report for the week ending Wednesday : Wheat—Market firm, and has plenty inquiry, prices are moving upward. Prime tuscans and velvets, 4s 7dto 4a 9d; other good milling sorts, 4s 4d to 4s 6d, Fowls’ wheat, good whole, 3s 8d to 4s. Prime Nelson hops, Is Id. Onions—£6.

Barley—Malting, 3s to 3s 3d; milling, 2s 4d to 2s 6d; feed, 2s to 2s 3d. Pearl barley, £l3. Oais—Best milling and seed, la 6d to Is 7d; bright plump, feed range from Is sjd to to Is 6jd; other sorts, Is 3d to Is 4d—all sacks extra, off trucks, and ex store.

Flour—Roller, £l2 ; store, £ll ss. Oatmeal, £8 10s to £lO 10s. Bran—£3 10s. Sharps, £4 10s. Potatoes—£2 to £2 ss; kidneys for seed, £2 5s to £2 10s. Pigs—l4olb to 1661 b, well fed and well cured, 3 Jd; large sizes not saleable ;"haxns, 7d to 8d; bacon, 5d to 6d. Chaff—Good heavy clean sorts, £2 ss. Turnips—Scarce, 255. Carrots, 30s to 355.

Straw—(Oaten and wheaten), 30s to 355. Hay, (oaten), £3. Clover and ryegrass, £3 5s to £3 10s. Butter—Prime, salt, 8d to 9d, scarce and in good demand; casks returnable; factory butter, Is 5d per lb—scarce. Eggs—Fairly supplied. Honey, 5d per lb. „ . Cheese—Factory, 5d to old; dairy, 4d to 4£d. Grass Seeds—Ryegi’ass, 3s 6d to 5s 9d; cocksfoot, 4jd to 6d per lb. Cocksfoot is now in active demand.

Sheepskins—On Tuesday heaviest and best green halfbreds brought 6s to 6s 6d ; crossbreds, 6s to 6s 3d; medium to good (in both classes), 5s 4d to 5s 9d; inferior, to 55,.; best merinos, 4s 8d 'to '6s 6d; medium to good, 3s 6d to 4s ; light, 3s to 3s 3d ; full-woolled country crossbreds, 5s 6d to 6s; double fleeces, 6s to 8s; inferior to medium, 2s 6d to 4s; pelts, 9d to Is 6d; dry merinos, 2s 6d to 5s 6d. . Hides—Prime ox are worth, locally. 3d to 3§d, with agood demand; medium, 2 ; }d to 2sd; well flayed fair weight country parcels, 2d to 2|d; second quality are; neglected at l?d to 2d; light and inferior at l£d to IJdper lb.

Tallow—As mentioned last week local supplies are limited, but all . lots, find a ready sale at the following quotations. Prime rendered mutton in.shipping casks, 18s to 20s; medium to good, 16s to 17s; best mixed, same rates ; superior, 13s to 14a; clean, unrendered caul fat, 13s to 14s ; butchers’ rough fat, good, 11s to 12s; inferior, 9s to 10s per cwt. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted :

Fat Cattle—The improved state of the market last week had the effect of largely increasing to-day’s entry of cattle—a total of 274 being yarded. Prime bullocks brought £8 to £9 12s 6d; medium to good, £6 to £7 5s ; light weights, £4 to £5. Most of the cows and heifers were of a very medium class, still a few of the best brought £5 10s to £6 7s 6d; inferior to medium, £2 10s to £4 10s. Anything below the first. of these two figures could not be termed beef. -

Fat Sheep—The entry was much about the same as last week in point of numbers, 2507 being penned, of which about 200 were merino, mostly prime. The best crossbred wethers submitted brought, 17s, 17s6d to 17s 9d (none particularly heavy);; medium to good, 15s to 16s; light, 13s to 14s; halfbreds and quarterbreds (light), 11s 6d to 12s 6d; best ewes, 15s to 16s, extra to 17s 6d; other descriptions, I,os to 13s 6d; merino wethers to 14s. Pigs baconers, porkers, and stores of all clashes. Medium to good bacon pigs brought sss to 41a 6d, a few extra heavy to 46s ; porkers, 22s 6d to 275; well-grown store, 15s to IBs; slips, 11s to 13s; suckers, 7s to 9s. v

Store Sheep—The attendance, although not particularly numerous, evidently consisted of buyers, as nearly every lot sxibmitted was sold, aud these at prices showing an improvement on late rates. Good: crossbred ewes, in lamb, brought 14s 6d to 15s 6d; medium sorts, 10s 6d to 12s; crossbred hoggets (good), 11s to 12s 6d ; inferior, 8s 6d to 9s 6d; forwardconditioned wethers, 13s to 14s.

AUSTRALIAN MARKETS,

Sydney, August 19. Wheat, 4s 9d to Os. Flour, stone, £lO 6s to £lO 15s; roller, £ll 10s to £l2. Oats, feeding, Is 9d to 2s 2d; seed, to 2s Id. Maize, 2s 3d. Barley, Cape, 2s 3d. Bran, 6Jd. Pollard, lOd. Peas, 3s 6d. Potatoes, New Zealand, £2 5s circular heads, £3 15s to £3. Onions,

£4. Butter, dairy, Is 6d; factory, Is 9d. Oheese, 6id to 7d; loaf, Bacon, machine-made, 5d to 6d. Hand-made, 6jd to 7d. Melbourne, August 19,

Wheat, strong, 4s lid to 4s Hid. Flour, stone, £9 15s to £lO 10s ; roller, £ll 10s. Oats, algerian, Is lid; danish, 2s 6id. Barley, cape, Is lOd to Is lid; malting, fair, 3s 3d. Bran, Hid. White peas, 3s Hd to 4s. Rye, 2s 7d. Adelaide, August 19.

Wheat, dull, 3s Bd. Flour, steady, stone, £9 5s to £10; roller, £lO 5s to £lO 10s. Oats, New Zealand, 2s 2d to 2s , 4d. Barley, Cape, 2s 5d to 2s 7d; English malting, 2s 9d to 4s. The general markets are very flat. ENGLISH MARKETS. London, August 18. English, flour has advanced 3s during the past week. The Mark Lane Express estimates that the central European countries will be compelled to purchase wheat, maize, and potatoes, equal to eight million quarters of rye. . The consumption of wheat has greatly increased, and the prohibition of the .export. of. rye. from , Russia will probably be permanent. August 20. The Daily News thinks that wheat may passibly advance to 50s per quarter before the end of the year. The quantify of wheat, and, flour afloat for the United Kingdom is 2,000,000 quarters, and for the Continent 2,544,000. Shares in the Bank of New Zealand, new issue £8; National Bank, 10s. :t Mpney has an upward tendency owing to continued withdrawals of. gold. Berlin, Aug. 18. Germany is buying large quantities of .rye in Russia before the inhibition of export, which comes into operation on the 20th instant. The price of cereals is falling. August 20. , In the retail market rye has doubled in price, but com remains flat. It is estimated that, the world’s production of rye will be 40,000,000 quarters short of the amount required.