COMMERCIAL.

Temuka Leader, Issue 2517, 17 June 1893, Page 3

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per G. S. Hickman Secretary), for the week ending June 16th : Beautiul opmi weather is being taken advantage of by farmers who are getting in their winter crops in splendid order. The preparations for wheat, however, are very limited ; the laud is being taken up for sheep feed, large breadths of spring green feed already having been sown. The outside markets for wheat stid remain unsatisfactory and those who have to buy for freight requirements do not expect to have a rosy time. Locally the markets are firm, tuscan and pearl commanding most attention, while beaus are in strong demand. We expect, however, to see the demand rather easier as soon as present freight arrangements have been completed. Oats are in demand, and potatoes are inquired for by interprovincial buyers. The Sydney market, however, has given no sign of improvement. So long as they keep off buying we don’t expect to see any decided rise. Ryegrass seed has taken a sudden rise in anticipation of the large spring sowing that is expected. Appended are the current values for the week :

Wheat—Tuscan, 2slod to2slld; Pearl, 2s lOd; hunters, 2s 9d. Chicken wheat, whole, 2s 4d; broken, 2s to 2s 3d. Oats—Milling, 2s; short bright feed, Is lid; inferior sorts, Is 9d. Barley—Prime malting, nominal; medium, 3s 6d to 3s 9d; feed, 2s to 2s 4d. Peas—Prussian, 3s to 3s 2d. Beaus 3s.

Ryegrass—Machine dressed, 3s 6d to 3s 9d; farmers, 3s to 3s 3d. Cocksfoot, 2d to 3£d. Cowgracs, firm, 6£d to 7d. Potatoes—Kidneys, 60s; derwents, 355. Onions, 45s to 50s. Dairy produce no change since last report. CHRISTCHURCH STOCK MARKET. At the Addington yards on Wednesday between 5000 and 6000 sheep came forward, stores forming a very small proportion of the entry. Cattle of all classes were in short supply, and pigs were an average entry. Store Sheep—A very small yarding of store sheep was quite sufficient to meet all demands, and only good useful sheep were saleable at last week’s quotations. Inferior sorts were hard to quit, and as tJi o winter has now fairly set in, no improvement can be looked for in prices for this class. Forward crossbred wethers sold at up to 14s, ewes up to 10s 9d, lambs at from 9s to lls, and merino wethers at from 6s 4d to 6s Od.

Fat Sheep—TJxe fat pens were occupied by about 3000 sheep of a mixed description » amongst which were a large proportion really good merinos, and a few lines prime crossbreds. Values were scarcely maintained, and second-quality sheep so}d better in proportion. An extra-gqod line of six-tooth halfbred English Leicester wethers topped the market, fetching as high as 21s. A few fat lambs were included in the entry and sold at up to 11s Cd.

Fat Cattle—About two hundred head of cattle came forward for the week’s supply, the majority qf wfiich would have been piore perfectly classed bs stores Of a nice line of Polled cattle, some sold as high as £B. 10s, while heifers brought from £6 to £7, and cows about the same rate. All beef of anything like prime quality was eagerly taken at up to 24s per 1001 b, second quality averaging from 20s to 225.

Store Cattle—A medium entry of store cattle came to hand, including some good sorts of young cattle. Nearly every line was cleared at full market rates, two-year-olds commanding the moat competition. A fair entry qf dairy cows, comprised for the most part of inferior sorts, met with a rather better market. Pigs—Pigs were not present in such large numbers as of late, and good baconors went up with a rush, one line to go the North island realising 5Cs Cd. Porkers were not so much in demand, and stores remain about the same. DUNEDIN PRODUCE MARKETS, The following is the, report tbr the week ending "Wednesday Wheat—TV»r good ) ; - and velvet the* - '* ' *' es tuscan medium - IS a good demand ; t* ■ quality not easily placed, j. rime quality saleable at 2s 9d to 3s ; medium, 2s 4d to 2s Sd; fowls’ wheat, good whole grain, 2s 3d to 2s 4d; medium,ls lid to 2s Id.

Barley—Chevalier, 3s 9d to 4s 3d ; Cape, 2s ( Jd to 3s, for malting qualities. Oats have very good enquiry and are easily placed off trucks. Good milling, to Is lOd; extra bright and plump, Is Is 9d to Is lOd ; long Tartarians for seed, bright, Is lid to 2s. Hops —Is, f.0.b., Nelson.

Potatoes —Good derwents. 60s to 62s 6d (wanted, supplies short during the week). Pigs have inquiry, for suitable sizes and quality. Haras, 9d ; bacon, 6£d. Chaff—Has demand, prime, 45s to 47s 6d ; 50s for extra good quality; good, 40s to 42s 6d. Salt butter—Demand quiet, 71,-d. packages extra ; prime quality only wanted.

Cheese in better demand. Akaroa large, to 44d ; factory, to sd. Honey—Extracted, 561 b tins, other sorts from 3-1,-d to 4 7 jd. Grass Seeds—Ryegrass, 2s to 2s 6d ; machined up to 3s 3d ; old pasture to 3s 9d ; cocksfoot, to 4d. Melbourne onions, £6, none in the market; Canterbury, £5 10s. Roller flour, £7 10s to £8 : stone, £G 10s to £7 ; 50’s, 10s more. Bran—£2 10s to £2 15s. Pollard, £3 10s.

Sheepskins—These have a very satisfactory demand, and meet with a good

competition. This week lengthy catalogues of both dry and green skins were submitted, which elicited keen bidding, all sorts realising very full prices, country dry crossbreds, inferior'to medium, fetching Is 9d to 3s lOd ; do do merino, Is 7d to 2s 8d ; fnll-woollod crossbreds —good, 4s to 5s 3d; best, 6a Gd to 6s 9d ; do do merino—good, 2s 9d to 3s 5d ; best, 3s 6d to 5s 6d ; dry pelts, 3d to Is 6d; green crossbred skins—best, 3s 9d to 4s 4d; choice, 4s 6d; medium to good, 3s 3d to 3s 9d; do do merino, Is lOd to 3s Id; lambskins, 2s 6d to 3s 9d each. Hides—No change to note in prices, which are as follow :—For heavy hides, 2d to 2Jd; extra do, 2fd to 3d ; medium, l£d to Ifd; inferior to medium, Id to l£d per lb. Tallow —Late rates are fully maintained, which may be quoted as follow:—For best rendered mutton, 21s 6d to 22s 6d ; medium to good, 18s 6d to 20s 6d ; inferior to medium, 14s Gd to 17s 6d ; rough fat—best mutton caul, fresh and clean, 14s to 14s 6d; medium to good, 12s Gd to 13s 9d ; inferior to medium, 11s to 12s per cwt. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted:— Fat Cattle Only 137 head yarded, three-fourths of which were old cows and light-weight steers. For the few pens of prime bullocks competition was very brisk and prices realised must be very satisfactory to the vendors ; for lightweight steers and cows prices were on a par with late rates. Quotations : Prime heavy weights, 22s per 1001 b; medium and light weights, 18s to 20s per 1001 b. Fat Lambs—l2 sold at 12s 3d.

Pigs—l3B were penned. Competition was not exceedingly brisk, and no improvement in prices lately seeured. Suckers brought 10s to 13s 6d; slips, 16s 6d to 18s; stores, 19s to 22 s ; porkers, 26s to 335; baconers, 35a to 525; about 20 extra heavy pigs, 54s 6d to 63s each. Fat Sheep—l7ss entered, 350 of which were merinos; the quality ranged from inferior old ewes to prime heavy-weight wethers. For the latter bidding was very brisk, and every lot was cleared under the hammer, wethers bringing up to 18s 9d, and ewes up to 17s 3d; merino wethers realised from 6s to lls 9d, the latter price being obtained for a prime draft. AUSTRALIAN MARKETS. Sydney, June 14. Wheat, chick, 3s 3d; milling, 3s Od. Flour, New Zealand, £B. Oats, 2s 3d to 2s Bjd; seed, 2s 7d to 2s 9d. Peas, 4s 3d. Maize, 3s 9d. Barley, 3s Id. Bran, B£d ; pollard, BJdPotatoes, local grown, £3los; Circular Head, £4. Onions, £5. Butter, best dairy-made, 9d to lOd; best factory-made, Is. Cheese, 4d. Bacon, 5d to 7id; hams, colonial, scarce, 8d to 9d.

Melbourne, June 14. Wheat, 2s lOd to 2s H£d. Oats —Algerian, Is lOd Is lid; stout, 2s to 2s2gd. Potatoes, prime, £3 ss. Maize, 3s 6d. Barley, Cape, 2s 3d ; malting, 4s Od to 4s 9d.

Flour, stone-made, £G 12s Cd to £7; roller-made, £7 2s Cd to £7 los. Butter, factory-made, 10id. Cheese, 5d to sjd. New Zealand hen'p, £1? to £ly pet- tou-4-I>¥*ajde, Ju*- . . Wheat, as 2d. ,lC J Flour, roller-iaad' e £g Oats, os to " s 2d. ’ Ca p e>^Cd to 3g Bran, UP,. p o i lardjlld to n . d>

Monetary and commercial

London, June 11. The wheat cargo, ex the Ethelbert, from Lyttelton, was sold at 22s Cd. Two Australian cargoes sold at 29s Cd to 29s 7d. The total quantity of wheat and flour afloat for the United Kingdom is 3,900,000 quarters. June 15. It is reported that a great carrying company are arranging for the purchase of £30,000 worth of fodder in the Australian colonies. Bank of New Zealand, old issue, £4los ; new issue, £G 10s. The total quantity of wheat and flour afloat for the Continent is 1,000.000 bushels. The American visible wheat supply is estimated at 82,400,000 bushels. | A cargo of Australian wheat sold at ) 29s 3d, and a cargo of Victorian at 29s 4 J '* The sale of New Zealand mea> * uld j^ the season has been the larg**'-' , ' “ t i *, % > ju on recoia. Inntftwtw.coad *-.«>, d at sJ<l to 50. ottv -Dentures of the Wellington council at 99. Tenders close on Tuesday. Washington, June 15. A run has taken place on the Savings Banks in Omaha, Detroit-, and Kansas. The banks require long notice of withdrawal of deposits.