COMMERCIAL.

Temuka Leader, Issue 2823, 1 June 1895, Page 4

COMMERCIAL.

CHRISTCHURCH GRAIN AND PRODUCE. The Lyttelton Times says there is no alteration to note in connection with wheat. Prices all round continue firm, and many holders are disinclined to quote, even at present rates. With the firmer tone in wheat), moat cereals have b nefited iii price, especially, in the lines where pig feed has been wanted. Oats are decidedly firmer, especially Duns and Tartars. Oats—Prime milling Is 5d to Is sjd, Duns la 4d to Is 4sd, stout feed Is 3jd to Is Tartars and black Is 3|d to Is 4£d. The demand for extra Tartars is looked upon as temporary, but at the time they have shared in the better feeling.

Barley—Malting 2s Gd to 2s 9d. One or two lines of extra quality malting barley have been sold at 3s, but at the same time .they „>vere taken with a proportion of' second-rate. Second quality 2s 3d to 2s 6d, feed is 6d to Is 9d, Capa barley Is Gd to Is 9d. Beans Is Xld to 2a; for some lines ■2" 2d is ashed, without finding buyers. Pea^ —Blue Prussian 2s to 2s 2d, without enquiryPartridge 2s to 2s 2d, feed sorts Is lOd to 2a.

Ryecorn —Nominally Is 6d to 2s. Flour —Millers now quote roller £9, stone £8 10s, sharps £4, bran £2 10s. Oatmeal £8 to £8 us.

Potatoes are quoted at 20s at country stations, with a firm fooling on the part of growers. Clover —Extra choice may be quoted at Gd to Gjd. but more nearly ropre s-nta the value of samples now offering, whilst iuferiorgrades are worth proportionately lees.

Onions- -Are quoted at S->s to 9.>.5, sacks included.

Dairy Produce—Putter, factory Sd to Od, dairy Gd to 8d ; cheese 3i<l to 4d, small loaf do 41 5 d-

The above prices are paid to farmers f.o.b. Lyttelton, unless where otherwise stated.

The trade on Thursday was well rfipßbv sented at the ireekly auctions of aheepsjiips, bides, apddat. Except (or ft few extra skins, baftjineßß in this department was sluggish. There was a, alight improvement.--in 'the demand fbr well-savedroUgh fat,. but thetb was no tallow on offer. Prices current are Best butchers’ crqsa*bi«dfi 3ft 3d jto $s lid* medium do 2s 4d to’ 3ft, 1 best mbrihos la lid to 2s 3d, medium do Is 4d to Is 9d; rough fat^beat<iuftlity,-up,toljd,medlum ; do IJd! The rates for hide* now are:— i - Oxhides—72lb and over 3|d per lb, 651b 1 to 711 b 3*d, 601 b to 641 b 3d, 511 b to 591 b 21d’,501b and under 2jd, 601 b ~au,d over (cut) 2d, under 601 b (cqt) l,£d,aU weights (damaged) Jd| /cotirhJdes—all weights ■zjd, 1 alt heights (damaged or cut) Id; bullhides IJd, damaged or cut,ld; calfskins—up to. 15lb 3d, over 15lb and not exceeding 201 b cut or damaged IJd, CHRISTCHURCH STOCK MARKET. . At the Addington Tarda on Wednesday the entries in nearly every departrtieht showed a falling off in numbers, though in some cases this was compensated for by an improvement in quality. The attendance was good and a fair amount of business was done.

. Fat Cattle—l6l. head of fat cattle were yarded. Best steers brought from 20s to 21s, and cows and heifers from X4s to 18s per 1001 b, steers £4 12s 6d to £8 15s, heifers £4 4s to £7 10s, cows £5 to £7los. Dairy; Cattle—ln dairy cows about 50 came to hand, There was affair demand for ,best cows, which brought up to £8 ; other sorts were hard to quit at from £4 to.£6. . i <■ - i. ,-e Store Cattle-r-In store cattle about 60 head were yarded, but sales were hard to effect... , ■ ’ Fat Sheep—About 5000 fat,sheep came to hand. A healthy tone .prevailed for all good sorts., Prime feeezere, lid per lb (factory .weights);, butchers best mutton,, Id ,to lid; secondary .ewe mutton from Jd upwards.,. Rest freezers were quitted at from 10a 6d toi 12s 6d, secondary 8s 6d to 10s, beat crossbred ewes 9a to 12s ,3d, secondary and inferior 5s to Bs, merino wethers 4s 6d to 7s. Store sheep—ln store sheep 3000 were on offer, the bulk turnip, sheep and lambs. ..There.waa on improved, demand for all good sheep, and a fair clearance was made. Forward turnipers sold at 7s 6d to 8s 10dj othersedowu to 6s 4d, mixed ,2-tooths 5a Id to 6s 9d, crossbred ewes, mixed agesl 5s 6d to 6s ’6d, sound-mouthed breeding ewes 7s, mixed halfbred 2-tooths 6s lid! Pigs—There was A large entry of pigs but little demand. Baconers and porkers sold at equal to 2Jd per lb. DUNEDIN PRODUCE MARKET. The following is the report for the week ending, Wednesday : -V,. , Wheat—A quiet. but steady demand' continues to bo experienced. The.market: in consequence is very firm, with a further] advance in: price.. The quantity offering' is still limited. ..Very little is coming to hand, and, with hardly any in store, the situation has caused. millers a little uneasiness, but now, having pretty full supplies on hand, they are. not quite so eager to purchase even moderate lines at quoted prices.. A* the. same time, the few small lots offered at auction from time to time are apparently for a purpose ran up to the highest pitch possible, though We think these fancy prices will be somewhat difficult to maintain, a very substantial rise takes place at Home. Quotations : For prime milling, 3ft 6d to 3sßd ; extra prime and clean for seed, 3s 9d to 4s l|d; medium to good, 3s 3d to 3s 6d ; inferior tomedidm,2slodto 3a 2d (ex store, sacks weighed in, terms). Oats—The market fpr these manifests a slightly better tone, and with an increased demand, prices for best feed and milling show a slight advance compared With those of the previous week. Inferior to medium quality also shows a small advance, though not to the same extent as the better sorts. There are fewer now offering, which is doubtless the cause of the improvement in the meantime, and is likely to be maintained. Quotations ; For prime stout bright milling, ls.sdtols6d; medium, Is 31d to Is 4Jd; best bright stout feed, Is 3£d to Is 4d; inferior to medium, Is 2Jd to Is 4d (ex store, sacks extra, net.) Barley—There is no improvement to note in the tone of the market, which still remains exceedingly fiat. . The of the offerings off color, and a lot unfit for malting. Such samples have no attention whatever at the moment. Quotations; For prime malting, 2s 6d to 2s 9d; medium to good, 2s to 2s 3dinferior, Is fid to Is 9d (ex store, sacks extra, net). drtssed seed has some , attention, and moving off quietly at late , quotations, which may be repeated—say, | for best machine-dressed, 3s 9d to 4s; medium to good, 3s 3d to 3s 6d (ex store, sacks extra, net).> Cocksfoot is in full supply, but is without much inquiry up to the present, though offering at prices ranging from 3d to 4d per lb. ? potaloesr-rTfie market thjs week seems flatter than ever; the supply being still in exceed of requirements sales are difficult to' effect. Quotations : Best dor wen ts £l 10s to £1 15s ; medium, £1 5s to £1 7s 6d per ton (e* store, seeks weighed in, net). Chaff—Best fetches £2 to £2 sa—extra prime occasionally, £2 7s 6d.; medium to good, £1 10s to £ll7|? 6d per ton (ex truck, sacks extra, dr returned, net). Butter—-Pnom salt dairy made,Jslow sale at fid to 6jd; medium, difficult to quit at 3d to 4d; North Island factory made, 7Jd to 8d; local factory, in retail lots, lOd to lid. Cheese —Factory made cheese, medium rise, nominally, 4Jd to 4|d to 6d; dairy made, 2£d to 3|d per lb.

Sheepskins—On luesday there was a very fair demand experienced, though no doubt owing to the broken weather there was no improvement apparent in the prices realised, which would be about on a par with those obtaining lately. Country dry crossbreds, inferior to medium, brought Is 4d to 2s; do do merino, Is 2d to Is 6d ; medium to good crossbredri, 2s 3d to 2s 9d; heavy, 3s to 3s 6d ; extra do, 3s 9d to 4s Gd ; good to best merino, Is 8d to 2s6d; heavy, 2a 9d to 3s6d; dry pelts, Id to Is; green crossbred pelts, Is 9d to 2s 3d; extra heavy, 2s 4d to 2s 8d; green lambskins, Is 6d to 2s 5d each.

Hides —These are in somewhat better demand, and prices sligtly firmer, more particularly for those carefully flayed and properly saved. Inferior and light are fetching Id to lid ; light to medium, lid to 2d ; heavy, 2id to 3d ; extra do, 3]d per lb. 'fallow and Fat—Market unchanged. Prime nmflered mutton fetches, when in shipping condition, }Js lid to 18s lid; medium to good, }-fs <Jd to Ids (id; inferior to medium, IDs to Ids : best mull m caul fill, JJs dd to 12s; medium t> good, IDs dd to 11s; inferior to medium, D* to H»s per cwt (ex store;.

D LINED IN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted : Fat Cuttle -only 91 head penned. The attendance was smaller titan usual, and as

apme of the principal butchers were supplied privately the above proved qaijee gqual to trade requirement^'£ricea remaining in most oases animproved. Beet bullocks sold et £7 to. £8 17a 6d; others, fie to £6.16a; oows (only medium iSafixe in) sold at £4lss to £7. 1 Fot Sheep—The supply was alight cine, juidbonftisted of 1639 crossbreds, ewes and wethers, ell of useful quality. Best wethers were sought, after for export; and !^e^i»d.'.,epmj^etit|on prices were .certainly firm, ] with a. slight rise of, say, 6d Jo. 9d a head on those descriptions; inferior, grades, selling briskly, but .without jweh : apparent rise in values. . Best wethers sold at 9s 6d to lliiifid; other do, at 8s to 9a 3d; best ewes, at 8s 6d to 10s; other do, 5s 6d to

8s id.. ' , Fat Lambs—237 penned. -Mostly low grades. Competition was prices, quality considered, very satisfactory. Sales ranged from 4s to 7s 9d. : ; ■ Pigs—l,36'in., Thfe greater portion was Suckers and slips, with a few suitable for, carers. Prices all round were low, and for some pens of suckers no bid was to be found:—Suckers, sold at 3s to 8s; slips, 8a f fid Jo 12ft; porkers, 17s to 21a; baconers 22a to 335.

AUSTRALIAN MARKETS. Sydney, May 29. Wheat; chick, 2s 9d; milling, 3s. , Flour, roller-made, £7 10a to £7 16s. Qats, dull, prime feeding Is lOd. Maize, firm, 2s 2d to 2s 3d. Barley, Cape, 2s Id.: Peas,. Prussian blue, 2s to 2s 6d. Bran, fid; pollard, Bd. Potatoes,;,iocajdygrown, £1 7a 6d to £liibs'; A Circular Head, £2 to £2 ss. ; , Qnions, £4J9 £4 ss. 1 Bjitter,dairy-made, BJd to 9d; factorymafia,9jd to lOd. Cheese, quiet, 4d to sd. ; -Bacon, to sd. _ ! Consequent on the rise in wheat the associated millers have raised the price of flour to.£7 15s, •< , . May 30. • , A report by tljie British Consul at Caen, ifrance, states that the high price of meat is causing a great .deal; of complaint from peqplftflf sipali moans, and he adds thftt tfepr £eftlaiid ; frozen mutton could < easily compete, after- paying fluty, with lockl meat, but a clause in, .the Act making it obligatory to import only carcases with viscera adhering,, effectually abuts the door. , ■■*>•- ‘ f Melbourne, May 29. Wheat, 1 2s 6d to 3a 2d. , ,Fl6ur, roller-made, £7 7a fid to £7:los. ...Oats, firm, algerian, la 3Jd to Is 4Jd ; Btpu,t.'la 6fi. - .... ,MftXze,jfirm, 2s2d to 2s 2£d. • -Barley, Cape, Is 6d to Is 6d. .. .Bran,:,BJd. ■ 'l . > The wheat market shows -a strong tone, and an advance of Id waa recorded to-day. At a meeting of ereditors of Alfred ,Shkw & Oo.~'it > waa decided to-accept a composition of T2a,6d id the £, payable in ten half-yearly ihstalffiOnta. May 29. Flour, roller-midoy£fi lbs to £7. .Bran, j pollard, ,Bjd. . The Government la placing on tha local market :£300,000 >w6rth of 3} per cent, bonds, being the balance of the loan authorised in ,. , ' May 30. . Two .American syndicates intend to eßtablisb lsrge meat works in the vicinity of Townsville, MONETARY AND COMMERCIAL. " LpND9N,;!May, 28. For view'Adelaide wheat" 27ft 3d is offered,-and for new Victorian early May shipment 26s 9d. Fifty-nine sheep arrived by the Morayshire in good condition, , bach having improved about 10!b in weight. At' thd meeting of the'London Bank of Australia the chairman said the liquid, re sources amounted to The jale of interest 'obtainable iu Australia hftd materially declined sifice the reconstruction of the banks, and this had, affected the earning powers; bat'they had still, boon able to pay the fixed rate on the extended deposits, and had also repaid £1,200,000 of deposits in advance. - There war. an influential and representative gathering at the Colonial Institute when Mr Hots6n,' I df ‘thb Newport meat freezing works; Victoria, read his paper on tho colonial prodpcei trade. In the discussion which followed Lord Brassey said that the recovery of Vlqlqriu was owing to Jhe skill, ; ©U«*gy, upd -f uteftpriso, pt ; Jw» [people in developing tbq< neaoucqw of the colony. He applauded their pluck and fortitude in facing the position in the way ,they had dona Mr Duncan Gillies said that hb; was satisfied that dealt honestly with producers, but it was impossible to expect much, lower freights. Mr Nelson expressed his conviction that European countries had determined never tq admit Australian meat. 1, He fully appioved,pf the proposal to decentralise and extend the frozen meat . trade to .the provices,; end especially favored, the Manchester trade. May 28.

Th&Fop Ohow market has opened. Prices forP.aymongo are, rather- r than last year, but. only small business is doing at present:' The Lisnan will be the first steamer despatched, tot Australia, and she leaves the third week,in, June. . ■ • , The total quantity, of wheat and flour 9float for the United Kingdom is 386,000 quarters, and for the .Continent 1,630,000 quarters. Australian wheat, 28a 6d; English red 27s 6d; white,. 295. •Union S.S. Company’s shares, £6 10s, ex dividend • Shaw Seville and Albion Company's , ' ; It is expected that the Bank of New Zealand Estate debentures, to replace £750,000 of the present 5j per cents, will be over-subscribed. ■ . . . There is consternation in shipping circles at New Zealand closing her ports against Queensland cattle boats. May 30. Mr Ward has arranged for the postponement of the New Zealand conversion i>pe r atibns for six months.. ' The Amerioan ! visible wheat supply is estimated at 67,095,000 bushels. The Japanese Ambassador in London states that one result of the recent war will be to open large commercial benefits to the Australasian colonies.

Pi;^EWN ? May 20. The National Mortgage and Agency Company report the sale of 10,000 sacks of wheat belonging to the New Zealand and Australian Land Company, to it, Anderson and Co., at a very satisfactory price. May 30. Owing to the rise in wheat the price of ilie -lib loaf has been raised to ojd cash, and !ld credit. Wtau.vivru.v, May 110. The Premier has iec«ivod the following cable message from the the Agent(loneral in London: —“Shippers of live stock from Now Zealand should understand that if the stock is shipped in vessels touching at intermediate ports it is subject to slaughter on arrival in England. ’’