COMMERCIAL.
CHRISTCHURCH COHN EXCHANGE
The following is the Corn Exchange report (per F. Denham, Secretary), for the week ending June 4th ; Wheat—-The deliveries during the week have been better, both in quantity and quality, heljce rejections Joss. Jn addition .some large parcels sent into store have been re sold and shipped as sound, haying, we suppose, dried in store. Prices iirp about the same as la-t week. Barley—The demand for local requirements lias ceased for the present. Oat;:—-Lots of inquiries, but y/P do not know of any large transactions similar to those reported from the south. Potatoes—Growers consider they have struck oil if they can sell at ll»; pome sold at that price. Butter—Wo heat' romot’.s of the factory system being likely to he introduced on a largo sc ile. We want it ; more than half the consumption in Christchurch for the winter months comes from Taranaki. The following are the prices paid to farmers, f.ob,, packages extra, potatoes excepted : Wheat—Tuscan, 3s 7d; pearl, 3s fid j hunters, 3s sd. Oats—Prime milling, Is 9d ; feed sorts, ls7d; dun. Is fid. Baxdey—Malting, 4s, Ryegrass—Dressed, 3s 3d. I Cocksfoot, 2J-d to 3yd. j I?«aj)s, 3s. Peas, 2s lid to 3s 3d. Butter—F')£tory, lid; other, 8d to Oil. Cheese, 3id to 4<i, Potatoes Denvents, 1 fie ; kidneys, 22s fid, CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wed* nesday the weather was cold but bright for the market, and the attendance wm good. Store Sheep—The entry of stores comprised about 3990, all crossbreds, for which there was good competition at fairly satisfactory prices. Crossbrad lambs brought 9s 2d to 11s £(d, 2 ami i tooth wethers sold at 13s 7d to 15» 3d. Ono line of big-framed forward-con-ditioned realised Ifis sd, 4 uml fi-tooth wethers sold at 15s 3d, Breeding ewes in lamb ranged from 12s 4d to 14s fid. Fat Sheep —About 5000 fat sheep were yarded, the larger proportion of which were prime quality. Lines of crossbreds fit for export were in great demand, and competition for them was very brisk. Second rate sorts also met with a steady dcajaad, aud values were fully upheld.
Crossbred wethers made 17s 6d, 18s, and up to 245; ewes from 12s 6d to 19s 6d. There were comparatively few merinos offered. Some of the pick of the season realised 17s 2d to 17s lOd, other sorts 12s 6cl to 14s 6d.
Fat Cattle—More than 200 head of fat cattle were offered, The sale was slightly below last week’s quotations. Best steers sold at from £6 to £7 7s 6d, heifers from £5 to £6, cows from £4 10s to £7 17s 6d.
Store Cattle—About 140 head of store cattle were yarded. 3-year-olds sold freely at £4 to £4 7s Gd, 2-year-olds at £2 13s.
Pigs—There was a very small yarding. Good baconers fetched 3id per lb. There were no porkers in the pens.
The Press says : —The following prices may help owners to estimate the value of stock. In each case the live weights are given : —Prime sheep of 651 b to 751 b made from ICs Gd to 18s Gd ; prime sheep of from 551 b to GOlb, made from 14s to 15s 3d ; second-rate sorts from GOlb to 651 b made from 13s to 15s. Other classes of inferior mutton of lighter weight in some cases failed to reach 2d per lb. Prime ox beef made from 18s Gd to 20s per 1001 b, second rate from 15s to 17 s, while inferior cow beef occasionally failed to make 15s per 100 k). DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday :
Wheat Whe it has good inquiry. Prime milling 3s lOd ; medium, 3s 3d to 3s Gd; fowls’ wheat, good whole, 3s; medium and broken, 2s to 2a 9d. Barley is in fair demand if good bright. Malting at from 3s Gd to 4s ; medium, 2s 8d to 3s 3d ; milling wanted at from 2s 9d to 3s 3d ; feed, 2s to 2s 3d.
Oats Good inquiry for all sorts. Prime milling, Is 7d to Is 8d ; good to medium seed, Is Gd to Is 7d ; inferior, Is to Is sd; all 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 —Glutted, 30s to 32s Gd. Carrots—3os per ton, sacks extra. Onions—£4, best Canterbury.
Pigs—ln good demand, 150 s to IGOs well killed, not too fat 3£d; hams, 8d; bacon, 5d to Gjd.
Chaff—3ss to 455; tip-top is worth from 45s to 555.
Turnips—l6s to 17s Gd. Straw—Oaten and wheaten, 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, lOd, packages extra; market bare; factory made, Is 2d to Is 3d, packages in. Eggs—More plentiful and moving downward. Lard—4d to 4Jd. Honey—4£d to 5d for best extracted. Bee-wax—ls per lb. Cheese—Factory, 4fd to 4£d; loaves, id more; best Akaroa, 4d to 4Jd; medium, bid to 3f d ; loaves, Jd more. Ryegrass—Farmers’, Is 9d to 2s 6d; machined, 3s 3d to 3s 9d ; Italian, 3s 9d to 4s 6d ; cocksfoot, 3id to 4^d.
Sheepskins—At auction on Tuesday butchers’ green crossbreds, best, 3s 6d to 4s ; very choice, 4s 3d to 4s 8d ; medium to good, 2s 6d to 3s sd; green merinos, (light), Is 8d to Is lOd; best, 2s to 2s lOd ; Country dry crossbreds inferior to medium, Is lid to 3s Id ; do do merino, Is lOd to 3s; full-woolled crossbreds, 4s 6d to Gs 3d; do do merino, 3s 8d to 5s 9d; dry pelts, 2d to Is 8d each. Hides are without any change. Quotations remain as lately reported—say, for heavy weights, GOlb and over, 2Jd to 3d ; from 501 bto GOlb, 2d to 2id; average price for country hides, lid to 2d ; light, Jd to IJd per lb. Tajloiy continues in good demand at late current rates, wjfiph are— for best rendered mutton, U)s to 20s ; ipedjipu to good, Ids to 18s Cd ; inferior to medium, 13s to 15s > best caul fat, 12s 6d to 13s; inferior to medium and good, 9s to 12s per cwt.
DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted:—
F;it Cattle qpaUty from fair to extra prime. Competition brisk, with la§t week’ B prices fully maintained, Bullocks eoldat £5 to £lO 10s (for one pen extra) j cows sold at £3 to £7 2s fid.
Fat Sheep—2ooo penned, of which 150 Were average merino wethers, the rest crossbred ß of medium to extra heavy weights. T lid wboje found a speedy clearance at values about equal tp fast week’s, Crossbred wethers sold at to 18s; do ewes at lls to 18s fid; merino wethers at 8s Od to 12s. Lambs—Sixty lambs sold at 10s to 10s Id. Pigs—The pig market was similar to i&fct week, and pricei were about the same. AUSTRALIAN MARKETS. Sydney, June 1, Wheat, chick, 3s fid to 3s 9d; New Zealand, dull, 4s 8d to 4s od, Oats, discoloured, 2s 2d to 2s 3d; medium, gs 4d to 2s 5J ; bright short, scarce, 2s Gd. Maigo, 2s B*l, Barley, Cape, 4s 3d. Pe»% Prussian bjue, 04 to 3a 94. Pollard, Is Id, ENGLISH AND FOREIGN MARKETS. London. May 31. The cargo ex barque lone, from Lyttelton, lias been sold at aboqt JGs, The weather is .causing .depression ip the wheat market. Silver, 3s 4|d. V/asm voa.ow, May 31, If Senator Stewart’s Silver Bill passes the President will probably veto it, which will almost certainly be fatal to his chance of re-election.
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Temuka Leader, Issue 2365, 4 June 1892, Page 4
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1,279COMMERCIAL. Temuka Leader, Issue 2365, 4 June 1892, Page 4
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