COMMERCIAL.

Temuka Leader, Issue 2371, 18 June 1892, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The following is the Corn Exchange report (per F, Denhain, Secretary), for the week ending June 18th : Wheat —• The operations during the week have been limited, and very perplexing. Whilst we can easily get 3s 7(1 or a little over for prime pearl, we find it difficult to get buyers to toe the line for off sorts with last week's prices. We presume they are waiting to see results of early shipments; 37s 8d and 34s 8d per quarter does not seem encouraging. Barley Oats —A little more enquiry for prime milling. Potatoes—The Sydney market shows an improvement, but our local buyers (and they are few) will not advance much on previous rates, which left a loss to the exporter. Farmers do not seem to realise that the shipper must make a profit sometimes or it would end in the inevitable result. Butter —We hear the factory is going on very satisfactorily, and it is likely to be a good thing. Owners of cows should roll up to the meeting on Saturday. The following are prices, f.0.b., packages extra, potatoes excepted. Wheat—3s 7d. Oats—ls 9d. Barley—4s. Ryegrass Machine dressed, 3s 3d. Cocksfoot —Bright and heavy, 3Jd to 4d. Butter —Is. Cheese—3£d to 4d. Potatoes —lB s 20s at country stations. Onions—£l to 355.

CHRISTCHURCH STOCK MARKETS,

At the Addington yards on "Wednesday there was a moderate attendance. •Store Sheep—Crossbred lambs from 10a 9d to 13s 7d, small sized hoggets 10s, four and six-tooth crossbred wethers 15s to 15s 4d, merino ewes (in lamb) Gs 9d to 7s sd, and merino wethers at Gs Gd. Fat Sheep—The entry was a good one, and there was as fully keen a demand for best quality freezers as at the last few sales, but values were irregular for secondclass sheep, and merinos, except of pi'itne quality. Best crossbred wethers sold at from 19s to 225. Lines of crossbred wethers and maiden ewes ranged from 17s to 21s 3d, and were freely purchased at that price. Crossbred ewes sold from lis 7d to lGs 9d, according to quality, and merino wethers, prime quality, sold at f L'om 12s 9d to 14s 3d, some second quality going from 8s Id to 10s 2d. A few

merino ewes were disposed of at proportionate rates. Fat Cattle—The sale of beef was limited. A few pens of very nice steers were sold at from £6 17s Gd to £7 10s, and heifers at £5 to £O, after which the demand fell off, and a large proportion of the entry was withdrawn in consequence. The sale of ows was slack, only a few head changing hands.

Store and Dairy Cattle—The entry of ordinary stores was very small, and, with tho exception of some three-year-old heifers that realised £4, consisted of thirty to forty odd lots. There were some fair quality dairy cows and springers, which were nearly all disposed of at from £6 to £8 2s Gd, and a few of inferior quality from £3 2s Gd to £4 ss.

Pigs—Eighty head yarded. Good sorts of baconers sold freely at from 30s to 465, according to size, and a few porkers realised from 18s to 265.

Mr James Little's well-known herd of Ayrshire pedigree cattle was sold on Thursday in Tattersall's with the exception of his aged bull, Laird o'Cockpen, and three cows. Twenty eight cows and heifers and four bulls were sold. The prices ranged from 5 guineas to 15 guineas, the average being 8] guineas. The buyers were almost all Canterbury residents.

DU.VEDIN PRODUCE MARKETS,

The following is the report for the week ending Wednesday :

Wheat has goodinquiry. Prime milling, 3s 1< ! •■! ; medium, 3s 3d to 3s Gd ; fowls' wheat, good whole, 3s; medium and broken, ga to 2s 9d. Barley is in faip demand if good bright. Malting at from 4s to 4s 3d; medium, os 3d to 3s Gd; milling wanted at from 3s 3d to 3s Gd ; feed, 2s to 2s 3d. Oats—Good inquiry for all sorts. Prime milling, Is 8d to Is 9d; good to medium feed, Is 7d to Is 8d ; inferior, Is sd; all sacks extra, oil" trucks. Oats have a tendency upwards, as arrivals are short, especially for good feed and milling sorts. Seed sorts, long and short, 2s to 2s 3d. Prime Nelson hops, Is. Linseed—£ll to £l3 (wanted.) Potatoes- Glutted, 30s to 32s Gd. Carrots—2ss per ton, sacks extra. Onions —£4 ; best Canterbury.

pjgs—-In good demand, 150 sto ICOs well killed, not too fat, !3|d to 3=|d ; hams, 8d ; bacon, Gd to O^d. Chaff—3os to 455; tip-top is worth from 45s to 555.

Turnips—los to 17s Gd, Straw —Oaten and wheaten, 30s to 35s per ton. Clover and ryegrass hay, £3 5s to -fc'3 10s ; liny, oaten, i'3. Untter—Fresh, best, lOd ; salt, best, in good demand, at llgd, packages extra ; factory made, Is 2d to Is 3d, packages in. Eggs—More plentiful and moving downward. Lard—4ld. H^uey— to 5d for best extracted. Beeswax^—ls per K>. Chee.-.e—Factory, s|d to sid; loaves, id more; best Akaroa, 4}d to 4kl; medium, 3;|d to 4d ; loaves, id more. Grass Seeds—Kyegrass, farmers', Is 94 to 2s Od; machined, 3s 3d to 3s 9d; Italian, 3s flrl to 4s Gd; cocksfoot, 3£d to 4{d. Sheepskins—At auction on Tuesday bidding was animated throughout the sale, although prices were somewhat irregular. Dry skins (crossbred, low to medium), Is 7d to 3s 8d ; medium to best, 3s 6d to

7s; pelts, la to 2s; lambs', Is Bdto 3s 3d; merino, low to medium, 9d to 2s 3d ; medium to best, 2s 4d to 5s 8d ; pelts, lOd | to Is 6d ; green skins, crossbred, 3s Cd i to 4s 8d ; merinos, 2s 3d to 2s lOd; lamb- j skins, 3s to 3s 6d. Hides—Market unchanged. Tallow—No difficulty is experienced in quitting all coming forward at quotations. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted:— Fat Cattle—l 49 head yarded, and this number met with a good sale—values, as compared with last week's, being quite 10s per head higher. Best bullocks brought from £7 17s 6d to £9 15s; ordinary, £G to £7 15s ; small, £3 10s to £5 15s; best cows, £G to £7 7s Gd; ordinary, £4 to £5 10s ; inferior and aged, £2 to £3 10s. Fat Sheep Only 1900 odd penned. The sale was a brisk one throughout, and excellent prices were the order of the day. Prime crossbred wethers brought from 17s Gd to 19s Gd ; ordinary, 16s to 17s ; light, 14s to 15s; prime crossbred ewes, 17s to 18s; ordinary, 15s to 16s Gd; small, 12s to 14s. Pigs Only 74 penned—l2 of these very heavy weights, about 24 of them nice bacon pigs, and the balance small porkers. The first-named class was almost unsaleable, but for the other two descriptions bidding was very excited and extreme prices were paid. Extra heavy fat pigs, 50s to GOs; prime bacon pigs, 38s to 445; prime porkers, 24s to 31s ; stores, 18s Gd to 235. AUSTRALIAN MARKETS. Sydney, June 15. Wheat, chick, 3s 8d to 3s 9d; milling, New Zealand, 4s 7d to 4s lOd. Oats, feeding, 2s 4d to 2s Gd ; seed, 2s Bd. Maize, 2s Bd. Barley, Cape, 3s to 3s 5d ; English malting, 3s lid; nominal. Peas, Prussian blues, boiling, 3s lid to 4s. Bran, Is 3d. Pollard, Is 4d. Potatoes, New Zealand, £3 ss; Circular Head, £4 5?. Onions, £3 to £3 10s. Butter, New Zealand dairy-made, Is to Is Id ; factory, Is 4d to Is Gd. Cheese, Bacon, New Zealand cured, 7Jd to Bd. Hams, lOd to lid. Melbourne, June 15.. Wheat is in moderate demand. Prime quality, 4s 2d. Oats, Algerian and Danish, 2s 2d; stout heavy, 2s 4d. I Adelaide, June 15.

The wheat market is quiet at 4s 3d. Oats, 3s 3d to 3s 4d. Barley, Cape, 3s Gd to 3s 9d ; English malting, 4s sd. Bran, Is Id. Pollard, Is 2d. Launoeston, June 15.

The Bank of Van Dieman's Land pays another dividend of Is, reducing its liability to £420,000.

ENGLISH AND FOREIGN MARKETS. London, June 14. The Daily Telegraph states that it is feared that tho depositors in the new Oriental Bank Corporation will only receive 10s in the £, and that the winding up of the institution is likely to occupy years owing to the nature of the assets. At the wool sales to-day 12,700 bales were offered, but it was not a representative catalogue. There was a large attendance of buyers and competition was brisk. All Australian wools were firm at May closing prices, but lower grades of New Zealand crossbreds were 5 per cent, easier. A committee of British, French, Belgian, Dutch, and German holders of Portuguese bonds have protested against a reduction of interest. June 15, The total quantity of wheat and flour afloat for the United Kingdom is 2,904,000 quarters, and for the Continent 1,916,000 quarters. Biddings at the wool sales are brisk, Sydney and Port Philip heavy sorts being keenly competed for. Prices are very firm, with an upward tendency for best classes. All sections of the trade are operating. Tho estimated visible supply of American wheat is 30,200 bushels. Calcutta, June 15. The chairman of the Currency Association of Calcutta declares that India is drifting into a state of bankruptcy owing to the condition of the silver market.