COMMERCIAL.

Temuka Leader, Issue 2380, 9 July 1892, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per F. Denham, Secretary), for the week ending July 9th : Wheat—We can only underline our last week's remarks, with the exception that faulty lines are a shade worse than they were then. Barley—Nothing stirring. Oats—We have placed some spot lines up to Is lOd, f.o.b. Potatoes—Even at the previous low rates it is impossible to sell; no buyers with nothing returned to shippers. We can only quote Te Whiti's remark " The potato is cooked." Butter—lt has been a matter of discussion if butter spoils by freezing, but to our mind Mr Jakins has settled the point in a very practical manner by placing a few cases in the Belfast Factory for four months. After it has been taken out for a week we have before us a pound of butter equal to the best we ever tasted. The following are prices paid to farmers, f.0.b., packages extra, (potatoes excepted); — Wheat—Pearl, 3s Sd; other sorts downward. Barley—Malting, 3s 9d. Oats —Stout lines, lOd. Beans—ls. Peas (blue), 3s to 3e2d. Butter —Factory, Is Id; farmers', 19d. Cheese, to <±§d. Potatoes —What you can get. Onions —2os. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday the weather was fine and the attendanee good. Store Sheep—looo head yarded, which were sold at satisfactory rates, as follows :—Crossbred lambs at from 10s to 10s 10d, two-tooths at 15s 7d, a small line of two and four-tooth ewes in lamb at 19s, another of four and six-tooth three-quarter bred ewes to lamb early, at 19s Gd; aged ewes at from lis Id, for some half-breds to 13s Id, for crossbreds and a line of hoggets at 12s. Aged merino ewes in lamb brought from os to os 2d. Fat Sheep—Over 5000 fat sheep were yarded, and there was a larger proportion of merino wethers than usual. For best quality merino prices ranged from 14s to 15s Gd. In the crossbred section there was less activity, except for the primest quality, whish sold with little or no difference from recent sales, up to 21s 9d being given for best quality wethers, and to 21s for maiden ewes. The demand for second-quality mutton was less keen than it has been for some weeks, and several lines were withdrawn. The sale of prime fat ewes was firm, and prices ranged from I 8« 9d to 17s / according to size. Fat Cattle—A very small entry caused a sharp rise in prices. There were less than Mty head offered, of which the bulk were steers and heifers of a handy size for the trade. These sold at from £G us to £7 12s Gd, and cows brought from £4. 10s to £8 10s, according to size, Every head offered was disposed of at satisfactory rates. .Store and Dairy Cattle—The entry was m small as to be valueless its «. criterion of the market. In the store pens there was m absence of young stock, and the odd lote of cows, &c, seld at good prices. The few dairy cows were of but second-rate quality, and only one or two changed hands by auction. 7 springers sold at £4 10s to £G 17s 6d. Pigs-—Best quality and handy-sized pigs sold at from 35s to 465, and porkers brought from 18s to 2Gs, according to quality. DUXEDIN 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 8d; medium, 3s 3d to 3s Gd ; 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, 3s 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, 2s to 2s Id; good to medium feed, Is 8d to Is lid ; inferior, Is Gd to Is 8d; all sacks extra, off* trucks. Seed sorts, long and short, 2s to 2s 3d. Prime Nelson hops, Is. Linseed—£ll to £l3 (wanted). Potatoes —Glutted, 25s to 30s, and no sale. Carrots—2ss per ion, sacks extra. Onions—£s for best Melbourne. Pigs—Tn fxtra demand, 150's to ICG's?, well killed, not too fat, 3ld to 3^d: hams, 7d to Gd. Chaff —35s to 45s : tip-top is worth from 45 s to 55 s. Turnips—lGs to 17s Gd. Butter —Fresh, best, lid to Is; salt, in good demand, good parcels sell at Is, and a 50 case lot sold at Is 2d—cases in ; packages extra. Lard—sd. Honey—44d. Beeswax—ls per lb. Cheese Factory, s ; ]d to sid; loaves, more ; best Akaroa, 4|d to 4{ T d; medium, 3 Jd to 4d ; loaves, J-d more. Grass Seeds—Ryegrass, farmers', . Is 9d to 2s Gd: machined, 3s od to

3s 9d; Italian, 3s 9d to 4s 6d ; cocksfoot, 3|d to 4d.

Sheepskins—At auction on Tuesday there was not any decline in values, neither was there any improvement from last week. Butchers' best crossbreds brought 4s to 4s 4d ; medium, 3s 6d to 3s lOd ; light, 3s 3d to 3s Gd ; merinos, 2s Gd to 3s; dry skins, proportionate rates. Hides—There is no actual change in the value of hides :—Best heavy ox, 2|d to 3d per lb : extra heavy, to 3£d ; medium, 2£d to 2£d ; country parcels in good condition to 2d ; light, Hd to Tallow—The market continues bare of supplies, and late rates are unchanged, though firm. Best rendered mutton, 19s to 20s per cwt; medium to good mixed, 16s Gd to ItSs; inferior, 14s to los; clean unrendered caul fat, 12s Gd to 13s; rougli fat, lis to 12s. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted: — Fat Sheep—2ll9 sheep yarded, of which about 350 were merinos. Prices throughout the sale were somewhat irregular, but the general tone of the market was rather in favor of purchasers, light to medium sheep selling at a slight decline, though for the best late rates were fairly well maintained. Prime wethers brought IGs Gd to 17s Gd; one or two pens extra heavy, 18s to 19s; medium, los to Los 9d ; light, 13s Gd to 14s Gd; ewes, to IGs Gd; merino wethers, 9s to lis 9d. Fat Cattle One hundred and eighty-one head yarded. For the best beef buyers competed very freely, and last week's rates were fully upheld, but other sorts (especially cattle which required a little more topping off) were scarcely as firm. Prime bullocks brought £7 los to £9 os ; medium to good, £G to £G los; light to medium, £4 10s to £o 10s; best cows and heifers, £G to £7 7s Gd; medium. £4 os to £5 os; light, £2 os to £3 los, Pigs—Prime bacon pigs brought 35s to 48s ; light, 30s to 32s : porkers, 23s to 26s ; suckers, 8s to 10s ; slips, 12s to 14s. Prime baconers were in good request, but there was not so good a demand for stores. AUSTRALIAN MARKETS. Sydney, July 5. Wheat, chick, 3s 3d to 3s Gd ; milling, 4s 7d to 4s 9d. Oats, short feeding, 2s Gd ; milling, 2s 7d ; seed, 2s 9d. Maize, 2s lOd to 3s. Barley, Cape, 3s 3d. Peas, blue Prussian, 3s 9d to 3s lOd. Bran, Is Id ; pollard, Is 2d. Potatoes, New Zealand, £2 10s to £2 15s ; Circular Head, £3 15s. Onions, £3 10s. Butter, New Zealand, Is 4d to Is sd, local Is 6d. Cheese, 4id to s£d. Bacon, sdtoGd; New Zealand old cure, unsaleable. Hams, New Zealand, 9d to lOd. Melbourne, July o. Wheat, 4s 4d. Flour, stone-made, £9 ; roller-made, up to £lO. Oats, Algerian, 2s 2d to 2s 3d; stout, 2s 4*d. Adelaide, July 5. Wheat, 4s 2d. Oats, 3s 3d to 3s 4d. Barley, Cape, 3s 6d to 3s 9d; English malting, 4s 3d to 5s 3d. Bran, pollard, Is lid. ENGLISH AND FOREIGN MARKETS. London. July 5. At the wool auctions there was a large attendance, and the competition was fairly brisk. Prices continue very firm for all good qualities, but weaker fyr inferior sorts.of which the catalogue is chiefly comprised. The Cardiff Municipal Council per cent, loan of £422,000, the minimum of which was fixed at the high price of 10G, averaged Is 9d premium. In the Queen's Bench Division today, Justice Sir 11. V. Williams granted an order for the voluntary winding np of the New Oriental Bank Corporation, which recently suspended payii^fft. The total quantity of wheat and flour afloat for the United Kingdom is 2,528,000 quarters, and for til* Continent 980,000 quarters. A cargo of vSouth Australian wheat was sold at 30s ; for Victorian wheat 32s Gd is offered. July G. At ike wool sales prices are steady at late rate*, though there were large with drawals of Victors-bought wools to-night owing to the high mserves placed on them. Fine Tasmania*. wools excited good competition. 'Hie. New Zealand Trust and Loan Company Me declared a dividend of os per share. , ... , In financial circles it i's beUfived that Mr Fitz Gibbon, chairman of the Melbourne Metropolitan Board of Works, who came to London for the purpose of negotiating a £2,000,000 loan at 4 per cent, per annum, with 30 years' currency, will be unable to float it before October. Mr Fitz Gibbon attributes the difficulty to the Government springing the recent Victorian loan on the market, but he says that if the Board, of which he is the head, had been informed of the intention of the Government, the former would have waited for six months before attempting to place the loan. Foreign buyers are not operating actively now at the wool sales. Capetown. July o. The Transvaal Government is floating a o per cent, loan of £2,000..000 at a minimum of 92. Owing the heavy tendering for the o per cent, loan of the Transvaal Government,, tenders closed within an hour of opening.