COMMERCIAL.
CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per F Denham, Secretary;, for the week ending May 21st ; Wheat—The various prices by cable during the week, namely, Saturday 38s, Monday 35s Gd, Tuesday 37s 9.1, makes it something of a puzzle to state what the English price really is. In the local market the demand has boon of the dnlle t description, though we think late charters at a freight three half-pence per bushel lower will keep our market steady at late rates. Barley—A steady inquiry for outside. We learn a cargo to Victoria from California has disappointed the importers in quality, and our best must fetch a good price. Oats—A demand for bright milling, others not asked for. Potatoes will scarcely pay for digging. The prices below are those paid to farmers, f.0.b., packages extra :
Wheat—Prime tuscan, 3s 7d; pearl, 3s Gd ; hunters, 3s 5d ; chick wheat, good, 3s ; iufeiior, 2s Gd to 2s 9d. Cats —Bright milling, Is 8d ; feed sorts, Is 4d to Is s£d. Barley—Malting, 4s ; feed, 2s to 2s 3d. Ryegrass—Machine dressed, 3s 3d ; farmers’, 2s 9d to 3s ; cocksfoot, prime, 34'd; discolored, 2ld to 2jd. Beans—3s to 3s 3d. Peas—2s lid to os 2d. Potatoes—l7s Gd for immediate delivery; July and August £l. , Butter—Factory, lOd ; farmers’, 8d to 9d. Cheese—3d to 3-Id per lb. CHRISTCHURCH STOCK MARKETS. At the Addington yxtrds on JYeduosday there was a pretty full market, which was better attended than usual. Store Sheep—The entry of store sheep consisted of nearly all classes, which met with a fairly willing market. Crossbred lambs sold from 9s lOd to 11s 7d, twotooth mixed from 12x 3d to 14s, two and foiu-tooths from 13s Gd to 14s lid, aged crossbred ewes from 9s 3d to 11s, merino ewes from Gs 2xl, and merino wethers from Gs Gd to 7s fid. Exit Sheep—ln fat sheep there was a large entry of all classes, none of which were of prime quality. Of the SGOL) yarded the majority was disposed of at rates about on all fours with last week’s values, in proportion to quality, but in the case of inferior sheep there was less activity. Best wethers and maiden ewes sold from 17s to 20s, second-rate ewes 13s 9d to IGs 2d ; crossbred ewes sold fairly well in proportion to weight. The sale of merinos varied very much. Fat Cattle—There was a very limited supply of cattle, not exceeding 120 head, which caused a little better competition for good sorts, which brought from LOs to 12s Gd a head above last week’s prices. Good sorts of steers sold from £G to £7 12s Gd, heifers from £5 10s to £G 2s Gd, and cows from £3 10s to £7, according to size. Store Cattle—There wore nearly 200 store cattle yarded. The majority consisted of cows and odd lots of young stock, for which the demand was good. Good sorts of three-yeai'-old sold from £3 10s to £3 IGs, eighteen mouths to two-year-old mixed £2 10s to £2 Jos, yearling to eighteen month (fid from 25 s to 30s. Dairy cows were in a minority, but good sales were effected at satisfactory rates, up to £8 5s being given for cows in full profit. Pigs—About 350 porkers and baconers met with plenty of buyer’s at a decided advance in values. Light handy-sized baconers sold up to 3Gs, and heavier sorts to 50s ; porkers were in good demand Up to 245. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat has good inquiry. Prini£ milling at 3s lOd to 3s lid; medium, 3s 3d to 3s 9d; fowls’ wheat, good whole, 3s; medium and broken, 2s to 2s 9d.
Barley is in fair demand if good bright. Malting at from 3s 3d to 3s Gd ; medium, 2s Sd to 3s ; milling wanted at from 2s Del to 3s 3d ; feed, 2s to 2s 3d. Oats—Good inquiry for all s< >rts. Prime milling, Is Gd; good to medium feed, Is 5d to Is sacks extra, off trucks Oats have a tendency upwards, as arrivals are short, especially for good feed and milling sorts. Prime Nelson hops, Is. Linseed—£ll to £l3 (wanted). Potatoes—Up to £2. Carrots—3os per ton, sacks extra. Onions—£4 ; best Canterbury. Pigs—ln good demand, 150 s to 160 s well killed, not too fat, 3RI; bacon, s£d to Gd ; hams, Bd. Chaff'—The market was fairly supplied during the week, and lias freely sold at from 35s to 455; tip-top is worth from 45s to 555. Turnips—lGs to 17s Gd. Straw—Oaten and whoaten, 30s to 35s per ton. Clover and ryegrass hay, £3 5s to £3 10s ; hay, oaten, £3. Butter—Fresh, best, 9d ; salt, in good demand, 9d, 9|d, and lOd, packages extra; factory made, Is per lb, f.0.b., packages in. Eggs—Scarce. Lard—4d to 4id. Honey—4£d to od for best extracted. Beeswax—ls per lb. Cheese—Factory, 4£d to Ad more ; best Akaroa, 4d ; medium, 3RI to Grass Seeds—Ryegrass, farmers’, Is 9d to 2s 6d; machined, 3s fid to fis 9d; Italian, 3s 9d to 4s 6d; cocksfoot, 3Ad to 4Jd. Sheepskins—At auction on Tuesday bidding was fairly brisk, dry skins selling quite as well as last week. Owing to continued broken weather preventing drying, green skins were if anything slightly easier. Green crossbreds sold at 2s lOd to 4s Gd; do merinos, Is lid to 2s 7d ; do lambs, 2s 5d to 3s 4d ; dry crossbreds, 2s to 5s sd; do merinos, Is 3d to 3s lOd. Hides—The demand continues good. We repeat last week’s quotations, which are, for prime heavies, 2jd to 3d per lb ; medium, 2£d to 2kl; light, Ifd to 2d; bulls’, slippy, and inferior, Ijd to l|d. Tallow—The demand continues good for tallow of all sorts, and for clean rough fat. Prime rendered, 18s to 20s per cwt; medium, 15s to 18s; best caul fat, 12s Gd to 13s ; medium to good, 9s to 12s. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted : Fat Cattle—24B head yarded, of which about half were medium to heavy weight; and prime beef, the remainder medium weights and quality. There was a moderate demand at the beginning of tin sales, but towards the close a brisker sab resulted prices ruling quite up to last week’s. Bast bullocks sold at £7 to £8 7s Gd; inodium, £5 10s to £6 15s light, £3 10s to £4 15.; cows ami heifer. £fi 2s Gd to £7 Los,
Fat Sheep—Only 932 penned, of which 125 were merino:-;. A large proportion were wethers, nearly all of them prime quality, the remainder ewes ranging from good to prime. There was a good demand, and every pen was briskly competed for, prices showing an advance of Is to Is Gd a head on last week’s. Best crossbred wethers sold at 15s Gd to 17s 9d ; medium, 12s Od to 14s Gd ; best crossbred ewes, 15s to IGs Gd; ordinary, 11s 9d to 14s; merino wethers, 12s Gd to IGs. Fat Lambs—loG penned, and all sold at 10s 9d to 15s. Some very prime. Pigs—l2l of all sorts penned. For stores there was a brisk sale; suckers, slips, and porkers met with a fair sale, but baconers were in poor demand. Suckers sold at Gs Gd to 8s ; slips, 10s Gd to 14s ; stores, IGs Gd to 21s ; porkers, 2Gs to 27s ; baconers, 28s to G4s ; extra heavy, 40s. AUSTRALIAN MARKETS. Sydney, May 18. Wheat, Gs Gd. Flour Stone-made, £lO 15s to £ll ; roller-made, £ll 7s Gd to £l2 15s. Oats—Feed, 2s 4d ; seed, 2s 7d. Maize, 2s 8d to 2s lOd ; market weaker. Barley—English, Gs (nominal) ; Cape, Gs Gd. Bran, Is Id; pollard, Is Id. Peas —Blue prussian, Gs Gd to Gs 9d. Potatoes—New Zealand, dull at £2 7s Gd; Circular Hoads, £G 7s Gd. Onions, £3los to £G 11s. Butter—Dairy-made, lid to Is Id; factory, in good supply, Is Id to Is Gd. Cheese is quoted at sd. For bacon the demand is medium at od to Gd, and for hand-cured G4d to 7id. Hams, Gd to 9d; New Zealand cured, lid to lUd. Miu.nouriXE, May 18. Wheat—The demand is brisk at 4s 2d, Oats —Algerian, Is 9-1-d ; prime, 2s 44d. Flour—Stone-made, £8 15s to £9 ; rollermade, £9 10s. Adelaide, May 18. Wheat of average quality realises 4s G)d to 4s 4d for large parcels, and from lid to 2d less for small parcels. Oats are quiet at Gs 3d. Barley, Gs Gd to Gs 9d ; English malting, 4s sd. Bran, Is 2J ; pollard, Is 3d. ENGLISH AND FOREIGN MARKETS London, May IT. There was a large attendance at the Antwerp wool sales, and bidding was brisk. 1750 bales of .River Plate wool sold out of 2800 bales oll'ered, at a rise of 15 centimes on superior qualities, 10 centimes on good, and 5 on inferior qualities as compared with previous sales. May 18. The Stock Exchange is quiet, and colonial stocks are dull. The total quantity of wheat afloat fur tile United Kingdom is 2,832,000 quarters, and for the Continent 1,472,000 quarters. The American visible supply of wheat is estimated at 44,000,000 bushels. The cargo of wheat by the ship Enropa, from Geelong, sold at 37s 10Id.
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Temuka Leader, Issue 2359, 21 May 1892, Page 4
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1,537COMMERCIAL. Temuka Leader, Issue 2359, 21 May 1892, Page 4
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