COMMERCIAL.

Temuka Leader, Issue 2345, 19 April 1892, Page 4

COMMERCIAL.

CHRISTCHUECH CORN EXCHANGE. Tlie following is the Corn Exchange report (per F. Denham, Secretary), for the week ending April 16th : Wheat—The best price we can get for , Tuscan, good color and quality is 3s 9d; other lines graduated downwards, of which we have a very plentiful supply to offer, the minimum being 3s for whole fowls’ wheat. Barley—For really good ( malting we have a demand, both for local requirements and export; secondrate and feed quality hard to place. Oats, 281 b to 501 b best milling, selling up to Is 9d, but hard to get. We wish our farmers could explain to us why this grain has gone back so much in weight during the last eight years. In 1884 we had no difficulty in getting eight or ten thousand sacks weighing 50 to 521bs, now we ask where can we get them? Mark Lane quotes N.Z. bushel at 4.Blbs,but we think they will soon have to drop the standard. Wheat—Prime Tuscan’3s 9d, Pearl 3s Bd, hunters 3s Cd, whole fowl wheat 3s. Oats—Prime malting Is 9d, good feed Is 6d to Is 7d. Barley—Malting 3s 6d, seconds 2s 9d to 3s, feed sorts 2s. Beans —2s lOd to 3s. Peas Prussian Blues 2slod to 2s lid. Ryegrass —Machine dressed 3s 3d to 3s 6d. Cocksfoot— Taranaki seed 3jd, discolored 2fd to 2jd according to sizo Butter—Factory 9d Farmers’ lots 7d to 7|d per lb. Cheese —3g to 4d per lb. Potatoes—Kidney | 22s 6d, Derwents 20s country stations. ) These prices are paid to farmers f.o.b. Lyttelton, packages extra. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday there was not so large an attendance as usual, and a slight reduction in values. 1 I Store Sheeps—Between 4000 and 5800' I store sheep were yarded. Among these * was a line of crossbred and halfbred wethers from Wharekauri (Chatham 1 Islands), 1537 of which were sold. The best draught of these were secured at 13s lid, the second draft at 11s lid to 10s 6d, culls and maimed sheep 6s 9d. Crossbred lambs realised from 6s 9d for some very poor sorts to 9s 7d for good sorts, and a line fit for export was sacrificed at 10s Bd. Fat Lambs—Only 150 lambs were subrriitted in the fat pens, and there was not much demand. Best sorts brought lls to lls 6d, second-rate 9s 6d to 10s 9d. Fat Sheep—ln fat sheep the entry was about 6000. Some very prime crossbred wethers sold at 16« to 17s 9d, one exceptionally prime lot at 21s, halfbred ewes 10s 5d to 14s, crossbreds 9s lOd to 16s 3d, merino wethers 8s 4d to lls 6d. Fat Cattle—The entry being limited to 135 head the demand was well maintained, but in no case did the prices come up to those of last week. Best steers sold up to £7 5s and heifers to £6 15s. The sale of second-class beef or cows was unsatisfactory. Store Cattle—ln store cattle 124 head were offered, of which there were only four or five pens of young stock. The demand for good dairy cows was good, and sales resulted at £2 to £3 15s, two-and-a-half-year-old steers sold at £3 5s to £3 15s, yearlings 25s to 355. Pigs—About 370 head were yarded and the sale showed a decided improvement, baconers from 1201 b to 1501 b weight bringing 26s to 28s; farm-fed porkers 16s to 21s, and were in strong demand. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat is now coming to hand, and has got a good inquiry. Prime milling is quoted at from 4s to 4s 2d; medium, 3s 8d to 4s, good demand. Fowls’ wheat—there being a lot of soft and inferior wheats in the colony, there will be no lack of fowls’ wheat offering. Good whole, 3s to 3s 3d; medium and broken, 2s to 2s 9d. Barley is in fair demand if good bright. Malting at from 3s to 3s 3d; medium, 2s 8d to 3s; milling wanted at from 2s 3d to 2s Gd; feed, 2s to 2s 3d. Oats are now coming fairly on the market. Prime milling, Is 6d to Is 6id; good to medium feed, Is 5d to Is 64d; infeiior, Is to Is 4d; all sacks extra, off trucks. Flour has come back all round £1 per ton. Roller, £ll for sacks; 100’s, £ll 10s ; 50’s, £ll 15s ; stone—£lo 5s ; 100’s, £lO 10s ; 50’s £lO 15s. Oatmeal —Long ton bulk, £9; 25’s, £8 15s; short ton bulk, £8 10s ; and 7’s, £lO. Bran —£3 per ton. Sharps, £4 per ton. Linseed—£ll to £l3 (wanted.) Potatoes —Market glutted. Carrots —35s per ton, sacks extra. Onions —£4 ; best Canterbury. Pigs—ln good demand, 150 s to 160 s, well killed, not too fat, 3jdto3£d; hams, 8d; bacon, 5d to 6d. Chaff has sold freely at from 20s to 455; tip top is worth from 45s to 555. Turnips—'None offering as yet. Straw —Oaten and wheaten, 30s to 35s per ton. Clover and ryegrass hay, £3 5s to £3los. Hay, oaten, £3. Butter—Fresh, best, 8d; salt, in good demand; prime quality, Bjd; packages extra or returnable; factory made, lid per lb, f.0.b., packages in. Eggs—Sparce, at J s 6d. Lard, 4d to 4£d. Honey—4Ad to 5d for best extracted. Beeswax—ls per lb. Cheese— Factory, 4}d to 4 Jd; loaves, Jd more; best Akaros, 4d; medium, 3jd to 3 Jd; loaves, Ad more. Grass’ Seeds—Ryegrass, farmers’, la 9d to iQd; machined, 3s 3d to 3s 9d ; Italian, ik 04 %9 I? Q 4; cocksfoot, 3sd to 4Jd. Sheepskins At the weekly sale on Tuesday all lots offered change hands at rates showing an improvement more than equal to the increased growth of wool since last sale, Buthers’ green crossbreds, best, brought 2s 8d to 2s lOd; extra good to 3s ; medium, 2s 2d to 2s 4d ; inferior to 2s ; merinos, Is 4d to Is lOd; lambskins to2slod; country skins selling equally well in proportion. Hides—Prime heavy ox, to 3d per lb ; medium ox (town slaughtered), 2d to 2?d ; good country hides, Ifd to 2d; light arid inferior, l|d to l£d; damaged and slippy, Id to ltd; calfskins, 9d to Is 6d. v Tallow—Prime rendered mutton tallow I (in casks), 19s to 20s per cwt; medium 1

to good, 16s to 18s ; inferior, 13a to 15s. Best caul fat, 12s 6d to 13s; rough fat, 9s to 12s. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted;— Fat Sheep—2o77 yarded, including 850 merinos, few of which were prime. Of the crossbreds oi: offer, considerably more than half the number must have been ewes. Rather than submit to prices current a good few lots of sheep were withdrawn, and for those which changed hands a drop of fully Is per head on last week’s rates had to be accepted, some of the more inferior merinos declining even more than this. A few of the best wethers of the day brought 14s to 14s 9d; average lots 13s to 13s 6d; light atad medium 12s to 12s 9d ; ewes (the line above referred to being excepted) 9s 6d to 13s 3d ; merino wether 8s 6d to lls. Fat Cattle cipally fair quality beef, with a few pens only of prime cattle, and the usual assortment of light-weight heifers and aged cows. Competition was dull and there was a slight drop on last week’s prices. One extra heavy bullock brought £9 2s 6d other prime lots £7 to £8 ; medium £6 to £6 10s; light £4 10s to £5 ss; l est cows £5 to £6 5s ; medium £3 15s to £4 10s ; aged cows, and light weight heifers 40s to 60s. Lambs—l 37 yarded some of which were of very good quality, and sold up to lls 9d, medium to good lines bringing 8s 6d to 9s Cd : inferior 7s 6d to Bs. Pigs—lo2 to hand. Bacon pigs met with poor demand, as also did the small stores. There were enquiries, however, for well grown stores, and had any such been Jo hand they would have met with a satisfactory sale. Suckers brought 5s to 10s; porkers, 22s 6d to 25s ; bacon pigs 27s to 35a ; a few extra heavy weigets 40s to 425. AUSTRALIAN MARKETS. Sydney, April 16. New Zealand potatoes, £3 10s. ENGLISH AND FOREIGN MARKETS. London, April 14i The English wheat market shows a general advance of 6d per quarter. The Continental' ’ market is steady, and the American inclined to buoyancy. The Sydney Municipal loan has realised an average of £99 4s 9d. The outlook in wool is good. Of 196,000 bales offered only 8000 are unsold. Trade in woollens is improving. April 15. New Zealand 4 percent inscribed stock, 102 ; per cent, ditto, ex dividend, 94f. New Zealand long-berried wheat is flat at 39s 6d. Canterbury mutton, 4jd per lb.; lamb, 5Jd; beef, hindquarters, 3Jd. New Zealand hemp—The market is stagnant, and none was sold at this week’s auction. Gisborne Harbor stocks have fallen £5. South Australian wheat is weaker at 40s ; Victorian is also weaker at 39s 6d. The wheat market has relapsed, owing to a decline in the American market. Barley averages 265; oats, fine 26s 6d, common 24s 6d. Sir Michael Hicks Beach attributes the failure in the exports to the diminished confidence of traders. April 16. Mr Munro, Agent-General for Victoria, explains that the statements attributed to him in the Daily Chronicle were quite incorrect, the reporter having failed to comprehend his remarks. The collapse referred not to the colony but to land banks only. The Tasmanian Government are negotiating for a loan of £1,500,000. The National Bank of Australasia is selling South Australian Treasury bills producing £4 lls. Fifty thousand of the bills have been placed. Berlin, April 16. The Vossische ZeitUng asserts that the North’ German Lloyd’s Steampship Company lost a sum of 2,000,000 marks in 1891, and that the total losses to date are 33J million marks, notwithstanding that the company is subsidised to the extent of 24 million marks. Buenos Ayres, April 14. La Nacion condemns the growing desire to repudiate the debts to European bondholders, relying on the protection of the United States.