COMMERCIAL.

Temuka Leader, Issue 2479, 21 March 1893, Page 4

COMMERCIAL.

TIMARU MARKETS.

TJie C; nterbnry Farmers' Association, Limited, report as follows for the week ending March 17th : Wheat—We cannot add much to our remarks of last week, both buyers and sellers show a great deal of apathy. Nor do the cable quotations indicato any improvement, which is extremely disappointing to all concerned when the quality is good. Oats -Business only ordinary requirements. Barley Really plump samples are wanted, plenty of medium offering. Peas—Prussian bines aro scarce. Potatoes—Little doing.

Quotations are as follow, f.o.b. : Wheat—Tuscan 2s s£d to 2s Gd, pearl 2s 6d to 2s (i d, red chaff 2a 4d to 2s sd. Outs—Milling Is 10.1, tartars Is Od to Is !od, short feed Is 9d, Danish Is 6d to lsßd. JJarlev—Making is, medium 2s 9d to as 3d. Peas—Prussian blues 3s 3d. CHRISTCIIURCH CORN EXCHANGE. The following is the Corn Exchange report (per F, Denhatn, Secretary), for the week ending March 17th:— The buyers, in the face of the English prices, cannot see their way to advance, and the producers are equally obstinate and are holding on, consequently the quantity changing hands is small, and we are in the s.Miue position as we were twelve months since with regard to the amount of trade. Wheat is at a standstill. Barley is in request, and fairly good samples are selling at is, and very good line 3 a little aver. Oats are wauted for small orders at last week's quobations, which we repeat. Ryegrass is in demand and the price seems firmer. Cocksfoot is saleable at quotations. Beans—A lot will soon be in the market, the price and quality will both be satisfactory. Peas— As last. Dairy produce—lt will take praducers all their time to maintain the present prices. The following prices are those paid to farmers, f.0.b., packages extra, potatoes and millers' goods excepted:— Wheat—Tuscan *2s Bd, pearl 2s 7d, hunters 2s 6d. Barley—Best Malting 4s 3d, second rate 3* Gd to 3s Od, inferior and Cape, full value for such trash. Oats Milling and tartars Is lid, others downward. Peas—Blue 3s Id. Beans—2s 9d. Ryegrass—Machined 3s Gd to 3s 9d. Cocksfoot—2|d to 3Jd. Potatoes Kidneys 40s to 45s at stations. Derwents will soon be ready. Butter—Factory lOd, if they can get it. It is travelling downward. Millers' goods—As last. We noted the drop last week, but leave it to those who ought to have known to report it now and copy out last week's quotations. WOOL BALES. Messrs Dalgetty & Co. have received the following cablegram from their head office, dated London, 15th inst. : —" At the Antwerp wool sales there were the usual number of buyers, who competed with animation &>r the moderate selection of wools oiFered. Prices, as compared with last London sales' closing rates, were 5 per cent, to 0 per cent, higher. There have been sold here by private contract 3000 bales of Australian and 1000 bales of Cape wool at an advance of £d to £d per lb on closing rates of last series of public sales."

MONETARY AND COMMERCIAL. London, March 1(5.

Iu the butter report received by Sir A. Clarke, acting Agent-General for Victoria, the inspectors condemn branding, aud ask that importers be appointed to prevent it aud suggest that each factory be registered like what has bean done in America.

New Zealand 4 per cent, inscribed stock, 107 ; 3£ per cent, ditto, 97.

New Zealand frozen meat, mutton, first quality, 4jjd; second do, 4d; lamb first quality, 6|d. New Zealand hemp, good, £25 5s ; fair, £24. Oats, fine quality, 26s 6d. Begins, 35s ; peas 30s 6d.

The Bradford wool market has a better tone. Merinos are firm, but do not equal the London rates.

Danish butter, 110 s per cwt. South Australian wheat, ex warehouse, weaker at 335. Victorian w eat, flat, at 32s 9d.

The debt in Baring Bros', estate to the Bank of England has been reduced to £4 500.0 <O. The assets show a surplus of £350,000.

Mutton, fi:vt quality, 4-Jd ; lamb, do,6d. The Duke of Argyle's beef brought—foreqnarters, 2|d ; hindquarters, 3£d ; mutton 3§d.

Tho Canterbury Farmers' Co-operative Association have received the following oiblegram from their London office:— " The present state of the market and current value of fair average quality mutton in Smithfield market is 4£d per lb ; market quiet. Australian wheat cargoes, 305,"