COMMERCIAL.

Temuka Leader, Issue 2377, 2 July 1892, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The following is the Corn Exchange report (per F, Denham, Secretary), for the week ending July 2nd: — Wheat—The weather during the week has been dull and depressing to the utmost degree, and the wheat market has run a dead heat with the weather. A few enquiries still for prime lines, but for dry damaged it is imposssible to get even last week’s low level. We hope this class will not go lower yet, but have our doubts. Barley—Very small quantities of good offering, and little inquiry. Oats—Prices the same as last ..week, and inactive. Potatoes —Orders seem to have been well filled to end of July. Few buyers and no prospect of improvement. Grass Seed — A few small enquiries both for rye and cocksfoot, and a little doing. Butter is scarce, and cheese we are told the stocks in the bays are running low. The following are prices paid to farmers’, f.0.b., packages extra (potatoes excepted) : Wheat—Prime pearl, 3s 7d; tuscan, 3s Gd ; hunters, 3s 4d. Barley—Good malting, 3s 9d; others graduated down-ward. Oats—Milling, Is 9MI; tartars, Is 9d stout feed, Is Gd, Cocksfoot—2Jd to 3fd ; rye grass, machine dressed, 3s 3d. Potatoes —17s 6d ; August, 20s. Butter—Keg, 9d to lOd ; fresh factory, Is. Cheese, 3d to 4d; loaf, 4£d. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday there were fair entries of stock. Store Sheep—The sale of store sheep was very irregular and most of the entry was withdrawn. The only sales effected under the hammer were a couple of lines of lambs at 9s 3d and 13s, crossbred 4-tooth ewes at 15s, 4 and 6-tooth ewes in lamb at 16s 9d, merino ewes at 6s sd. Fat Sheep—Though there was a large yarding of fat sheep the sale showed a marked difference from last week’s in the apathy displayed by the buyers both for export and the trade, except in. the very primest of sheep, for which as high prices were paid as recently. Best quality crossbred wethers sold at from 18s to 21s 6d, and some very heavy Hampshire Down cross sheep ivere eagerly sought after and realised the highest price ever given in Addington market for fat sheep, viz., 27s Gd to 365, ewes at 11s Gd to 14s lOd, and merino wethers 7s 6d to 14s. Cattle—The sale of beef was confined to less than 15 head. Steers and heifers sold at £5 5s to £6 12s Gd. The entry in the store section was very unimportant. The sale of dry cows was limited in extent, while, with the exception of a few calves and yearlings that sold well, there were no other sorts yarded. Pigs—The entry comprised 280 head, chiefly baconers and porkers, which met with a ready market at slightly advanced rates. Farmers’ baconers sold at 28s to 525, and porkers at 18s to 30s.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday : Wheat —Good samples are scarce and easily placed. Prime milling at 3s 7d to 3s 9d; medium, 3s 3d to 3s 6d; fowls’ wheat, good whole, 3s; medium and broken, 2s to 2s 9d. Barley is in fair demand if good bright. Malting at from 4s to 4s 3d; medium, Ss 3d to 3s 6d ; milling wanted at from 3s 3d to 3s Od ; feed, 2s to 2s 3d. Oats—Good inquiry for all sorts. Prime miffing, Is lid to 2s; good to medium feed, Is 8d to Is lOd ; inferior, Is 6d to Is 7d; all;[sacks extra, oft' trucks. Seed sorts, londj and short. 2s to 2s 3d. Prime Nelson hops, Is. Linseed—-,£ll to £l3 (wanted). Potatoes—Glutted; 25s to 30s, and no sale. Carrots —15s per ton, sacks extra. Onions —£4. Pigs—ln good demand, 150’s to 160’s well killed, not too fat, to 3 jd; hams, 7d to 7£d ; bacon, 5d to 6^d. Chaff—3ss to 455; tip-top is worth from 45s to 555. Turnips —16s to 17s 6d. Butter—Fresh, best, Is ; salt, in good demand at Is, packages extra. Lard—4Rl to sd. Honey—4id. Beeswax, Is per lb. Cheese—Factory, 5Jd to 5Ad; loaves, id more; best Akaroa, 4pi to 4Ad; medium, 3fd to 4d; loaves, Jd more. Grass Seeds—Ryegrass, farmers’, Is 9d to 2s 6d; machined, 3s 3d to 3s 9d; Ifajjan, 3s 9d to 4s 6d; cocksfoot, 3Ad to 4a. Sheepskins—On Tuesday green crossbreds sold at 3s 4d to 4s sd, do merinos 2s 5d to 3s, dry crossbreds 2s Id to 5s sd, do merinos Is 6d to 3s lid, do pelts and lambs’ 4d to 2s 3d. Prices were satisfactory. Hides—All coming to hand meet with a good market, especially heavy and clean p xrcels. We repeat last week’s quotations, which are : Prime heavies, 2Jd to 3d per lb ; medium, 2r«l to 2£d per fb ; light, l?d to 2d; slippy and dirty, IJd to lid per lb. Tallow —There is no alteration of any consequence in either the demand or values- GuofMfqnf; for best rendered mutton, 1,9 s to 20smedium gqqcj, 16s to 18s 6d; inferior to medium, lbs 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 Mark/# up nesday the following business was transacted: — Fat Cattle—Only 122 head yarded. There was a fair demand, but prices /tatytyot be quoted any higher than last week. bU-Sjt );ifi r locks sold at £7 5s to £8 2s Gd; medium, Mfl |Os to £6 15s; small, £4 5s to £5 ; cows ami Jjeifers, £3 10s to £8 2s Gd. Fat Sheep—Only 1312 penned. Many of jjio trade had supplies on hand, and although tip; supply was small, there was little or no in prices. Best crossbred wethers sold at if)s f)d to 18a Gd; medium, 14s Gd to 15s 9d; best crossbred ewes, 15s Gd to 17s; ordinary, 12s to J4n 3d; merino wethers, 8s to 12s Gd. Pig 3 ;r-:113 of all sorts penned. There was a fair demand, tiuokfil's sold at 7s to J)s, slips at Igs'to i4a stpipf* aj> J-fis to 21s, porkers at 22s to Sos, baepapp gjt fils to 48s.

AUSTRALIAN MARKETS. Sydney, June 20. Wheat, chick, 3s 3d to 3s Gd; New Zealand milling, 4s 7d to 4s 9d. Oats, bright short feeding sorts, 2s 5d ; milling, 2sGd; seed,2s 93. Maize,2s 9d. Barley, Cape, 3s sd. Peas, Prussian blue, 3s lid. Bran, Is Id; pollard, 2a 2d. Potatoes, New Zealand grown, £2 15s to £3; Circular Head, £3 15s to £4. Onions, £3 15s. Butter, New Zealand factorymade, Is 4d to Is od ; local dairy-made, Is Gd. Cheese, local, scl to Gd. Bacon, New Zealand, in cloth, old cure, unsafe-

able, nominally 4d to 6d; hams, New Zealand, lOd to 10|d. Melbourne, June 29. Wheat, quiet, prime sorts, 4s 9d. Flour, stone-made, £9 to £9 ss; roller-made, £9 to £lO. Oats, stout feeding, 2s 3id to 2s 4 Jd. Adelaide, June 29. Wheat, market quiet, and there is but little doing, latest quotations, 4s 2d to 4s 4d. Flour, stone-made, £8 16s to £9l2s 6d; roller-made, £9 15s to £lO 6s. N ew Zealand oats, 2s 2d to 2s 4d, in bond. Barley, Cape, 3s 3d to 3s 9d; English malting, 3s 9d to 4s 9d. Bran, Is OJd; pollard, la l§d. ENGLISH AND FOREIGN MARKETS. London, June 28. A Victorian cargo of wheat has been sold at 33s 6d. It is reported that Russia will attempt to raise a loan of 700,000,000 francs in Paris with the assistance of the Credit Lyonnais. Messrs Rothschilds refuse to assist in floating it. June 29. Tenders for the Yicorian 3£ per cent, two million loan, with a minimum of 92, were opened to-day. The amount subscribed was £2,420,000. Tenders at the minimum receive about 30 per cent, the average price realised being £O2 Is sd. Tenders range from the minimum to £IOO 2s 6d. There were two hundred and ninety tenderers. One broker tendered for £200,000 at a shilling premium, and another for £150,000 at two shillings premium. The associated Banks applied for £750,000 at the minimum. The directors of the Hong Kong and Shanghai Banking Corporation state that they may possibly write off £400,000 of their reserve. Messrs Rothschild have floated the Transvaal loan of three millions sterling. The total quantity of wheat and flour afloat for the United Kingdom is 2,764,000 quarters, and for the Continent 1,012,000 quarters. June 30. Rumours are afloat that the associated banks only agreed to subscribe on condition that they were released from a liability for the £750,000 under the agreement with the city financiers. It is hoped that the narrow escape from failure will be a warning to Victoria. The estimated visible supply of American wheat is 33,800,000 bushels.