COMMERCIAL.

Temuka Leader, Issue 2454, 21 January 1893, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE,

The following is the Corn Exchange report (per F. Denham, Secretary), for the week ending January 21st: —

The broken weather for some days past has stopped harvesting operations, consequently few samples of the new crop are offering. Wheat is lifeless, and no sales of any importance. Oats—A fair enquiry for the coastal trade, and a little demand for old feed has set in from the north; prices have maintained at the old level. Peas—Blue Prussians wanted in shipping parcels. Potatoes —The rain has done them good. Grass Seeds—The crop of Rye Grass does not promise very well in some districts, and there are no indications of a rise. „ Cocksfoot—Have been shown a few samples of very fair new crop. Dairy Produce —Is not quite so firm, the English market having declined, caused probably by the quality not being as good as it might be. The following are prices paid to farmers’, f.0.b., packages extra, potatoes and millers’ goods excepted ; Wheat—Best milling, 3s ; others, Is 9d to 2s 6d. Oats —Feed, Is 7d to Is 9d ; milling. Is lOd; dun, Is Bd. Peas— Blues wanted at 3s ; garden peas unsaleable. Potatoes—Kidneys and Roses, 80s to 90s. Butter—Farmers’, 7d to 8d; factory, 10£d. Cheese 3£d to 4£d. Rye Grass Farmers’ 2s to 2s 6d. Flour —Roller, £9, Bran—sss. Pollard —6os. All sacks included. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday the market was a fairly large one. Fat Sheep—The entry of fat sheep was much smaller than on the previous week, and prices were firmer for good butchers’ lines. Beat crossbred wethers brought from 15s to 16s 6d, medium 13s to 14s 6d, crossbred ewes 11s to 13s 6d for medium, 14s to 16s 6d for prime sorts, halfbred wethers 16s 2d, merino wethers 6s to 8s for inferior, 9s to 11s 6d for medium, and up to 12s 9d for heavy sheep. Best mutton averaged 3d to and medium to 2fd. Fat Lambs—Fat lambs were in strong demand, and every lot offered was sold, 9s to 10s for small, 11s to 12s for medium, and 12s Gd to 14s for prime freezers. Store Sheep—There was a good demand for sound breeding ewes ; crossbred ewes brought 12s Id to 14s 2d, crossbred wethers 11s 7d to 14s 2d, crossbred ewes and lambs 7s lOd all counted, merino ewes and lambs 6s all counted. A line of store lambs was sold at 10s.

Fat Cattle—The supply of beef was in excess of the demand, and prices were easier than last week. Some heavy bullocks from the south brought from £8 to £9 7s 6d; other lots from £7 10s to £8 10s, heifers £4 7s 6d to £6 12s 6d, cows £4 15s to £6 ss. Best beef averaged 17s 6d to 18s 6d per 1001 b.

Store Cattle There were but few buyers for store cattle, but the sales that were effected were about equal to late rates. Eighteen-months-old heifers sold at £3, two-year-old steers £4 ss,two-and-a-half and three-year-old steers £5 10s, dry cows £2 17s to £4 10s; dairy cows and springers sold well at all prices from £4 10s to £8 ss.

Pigs—There was a medium entry of pigs, which were eagerly competed for at prices in advance of late rates. Stores sold at 9s 6d to 17s, porkers 19s to 365, baconers at 33s to 495. Baconers averaged 4d per lb, and porkers 4|d. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday ; Wheat—Transactions are few, no improvement in values, and, unless prime quality, difficult to place at any price. Good tuscan and velvet, 8s to 3s Id; other sorts, 2s 9d to 2s lid; medium qualities, 3s Gd to 2s 8d ; fowls’ wheat, good whole, 2s 2d to 2s3d; medium and broken, Is lOd to 2s. Barley—No business ; awaiting new crop.

Oats ■ — Have an easier feeling ; prime short feed, Is lOd; good, Is 9d to Is 9^d; medium sorts, Is Gd to Is Bd. Batter has had good attention during the week, large quantities have come forward, all of which have been placed at B|-d, cases Is. Onions—Best Victorian, 8s Gd to 9s.

Lard—Wanted, sd,

Potatoes—New kidneys, £7 ; derwents, £6, Market barely supplied, Pigs—Have placed a number dur» ing the week at 3fd, and have enquiry for more. Haras and bacon, 8d for the former ; roll bacon, Gd; side bacon, old.

Chaff —Good quality up to uos; medium, 47s Gd to 50s. Market fairly well supplied. Honey-—Awaiting new season’s. Cheese—4£d to 4-g-d ; factory, 4|d to 4;|d, large sizes. Grass Seeds —Ryegrass, farmers’, 2s to 2s Gd ; machined, 3s Sd,

Sheepskins—At auction on Tuesday prices compared favorably with those obtaining the previous week. Country dry crossbreds, inferior to inediqm, brought Is 6d to 2s 9 cl; qq do morinq, Is 5d to 2s 84; fuR-ffoolled prq^breflsj—goqd §s 4d tq 4 3 3d, best 4s Qcj to £•■ ‘ _ merjnos--gqqd -fo to gs gd- v ' , 5s 74 3 dry pslta, 6* . -ostdslldto nelt9-=W - to is 4d; green j is 4d to Is Gd; medium to 6 ood, Is to Is 3d; lambskins, Is 3d to Is lOd each.

Hides are in steady demand. Quotations for good to best 2d to 2*d; extra

"heavy, 2fd to ~3d; medium, l£d to l?d; inferior to medium, Id to 1 jd per lb. Tallow—All consignments are placed immediately on arrival at the following prices For best rendered mutton, 19s to 20s 6d; medium to good, 16s to 18s bd ; inferior, 13s Gd to 15s 6d; rough fatbest fresh mutton caul, 12s 9d Uj 13s (kl , inferior to medium and good, 9s bd to 12s 6d per cwt. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was trnns&ctGd* Fat Cattle—l 49 head yarded, medium to good, including several pens very prime and heavy weights. Competition was fairly spirited, prices ruling on a par with those obtaining last week. Best bullocks brought £7 6s to £8 17s 6d ; extra ’ £9 to £lO 2s 6d; medium, £6 7s bd to £7 2s 6d; light weights, £5 10s to £6 ; best cows, £G 7a 6d to £7 2s 6d; mediunij £5 2s 6d to £5 17s 6d ; light and aged ; £3 15s to £4 17s 6d. . Fat Sheep—l 423 were penned, including 430 merino wethers, the rest ci’ossbreds, about equal portions wethers and ewes, medium to good, a few pens prime. Last week’s prices were firmly maintained. Best crossbred wethers brought 13s 6d to 15s ; extra heavy, 15s 9d ; ordinary, 12s 6d to 13s 3d ; best crossbred ewes, 13s 6d to 14s 6d; one small pen reached ICs; ordinary, 10s to 12s 9d; merino wethers, 8s 6d to 12s 6d. Lambs —526 penned, mostly good, with a few pens prime. Prices were about equal to last week’s. Best brought 10s 6d to 12s 9d ; others, 7s 9d to 10s. Pigs—99 were penned, all of which found buyers at prices in favor of sellers. Suckers brought 8s to 14s ; slips, 15s to 16s; stores, 18s to 21s; porkers, 24s to 26s 6d ; baconers, 30s to 425. AUSTRALIAN MARKETS. Sydney, Jan. 18. Wheat, chick, 3s, scarce with a good enquiry ; milling, 3s 6d, steady. Flour, New Zealand, £8 to £8 10s. Oats, Danish, 2s 4d to 2s sd; feeding, 2s 6d to 2s 7d. Maize, New Zealand, 3s lid to 4s, quiet. Barley, (Cape), 3s 3]d. Bran, 8d ; pollard, 9d to 9-Jd. Peas, Blue Prussian, 4d to 6d. Potatoes, locally grown, £3 15s to £4 10s ; Circular Head, £5 5s to £5 10s. Onions, Victorian, £4 15s. Butter, dairy-made, 7d; factory-made, 8d to 9d. Cheese, prime, sd. Bacon, New Zealand prime, 8 Jd; hams, dull, nominally lid. MONETARY AND COMMERCIAL. London, January IS. A cargo of Australian wheat to arrive in January or February has been sold at 32s 6d. Other parcels are quoted at 31s Od. The total quantity of wheat and flour afloat for the United Kingdom is 2.720.000 quarters, and for the Continent 490.000 quarters. The American visible wheat supply is estimated at 106,000,000 bushels.

The wool sales open on the 24th inst., and it is expected that prices will be firm. The Ruahine’s beef is being sold at to 3jd. Her Townsville consignment of beef has been discharged, and it has been found that scarcely 15 per cent, of it is damaged. A portion of the Brisbane shipment was damaged. The bulk of the Oceana’s factory-made butter realised 112 s. Some choice parcels brought 116 s. Owing to the arrival of heavy shipments of butter the market is depressed. The National Mortgage and Agency Company of New Zealand have declared a dividend of 5 per cent. Paris, Jan. 18.

The Chamber of Deputies have passed a Bill increasing the note issue of the Bank of France by 500,000,000 francs (£20,000,000.)