MARKET REPORTS.

Press, Volume XLVI, Issue 7421, 21 September 1889, Page 3

MARKET REPORTS.

PRODUCE, &c

Corn Exchange report for week ending Friday, September 20th:—Farmers are! now offering their wheat much more i freely, and are disposed to accept reasonable sales, but the great scarcity of tonnage for London restricts business in that direction, and the Sydney market, with the steady imports by the mail steamers from 'Frisco, show no signs of revival, indeed, prices in that market are lower than ever. Oats aie dull, but as arrangements have been made for shipping considerable parcels to Melbourne during the next few weeks, we do not expect to see prices rule much lower. Stocks, however, are rather heavy down South for so late in the season. Barley is simply unsaleable, even feed is without inquiry. Choice malting (of which there is little in the maiket) finds buyers at 3s 5d to 3s 6d. Beans and peas have a fair trade at our quotations. Ryegrass has been offering freely from the South, prices consequently hare given

The following are our quotations :— Wheat—Tuscan, 3s 6d; pearl, 3s Id to 3s 2d; Hunter's, 3s to 3s Id; broken wheat, 2s6*d to 2s Bd. ju-* Oats-Milling, 2s 8d to 2s 9d: good short feed, 2s 7d; ordinary fee*, 2s 4d to 2s 6d. Barley—Prime malting, 3s 4d to 3s 6d; medium, 2s 8d to 2s 10d; feed, 2s to 2s 2d. Beans-33 2d to 3s 3d. Peas—Prussian Blues, 3s 8d to 3s 9d. Ryegrass— Machine-dressed, 4s to 4s ou; farmers' parcels, 2s 9d to 3s 3d. Cocksfooc — Prime heavy seed, 3£d; , farmers' undressed seed, 2£d to 2*d. ] Dairy Produce—Butter, prime, 7d to 8d: cheese, 3Jd to 4d, according to size and quality. xl _ ... The above prices are those paid to farmers for delivery f.0.b., sacks extra. Thb TUmw Zxaxand Loan and MerOAXTILX AOKNCT COMPANY, LIMITED, report on the grain and produce markets for the week ending 21st September, 1889, as follows: — Wool—The market for this product continues to present a healthy appearance, and the opening of the next London series on the 24th insc. is confidently expected to be attended with good results. Locally there is nothing doing yet of any moment, but all odd lots offered are taken at full rates. The almost daily receipt of orders for woolpacks bespeaks the near approach of our own season. Tallow and Fat—Market unchanged. Well-saved good fat makes Hd to W* inferior from Id per lb; good tallow 17s to 19s and inferior to medium 13s to 15s per

Hides-Also without alteration. Good heavy 601b and over 3£d, 511b to 591b 2*d, light 2d, calfskins 3£d per lb. Sheepskins—The weekly sales were well supplied, but bidding was not so brisk as usual and prices were easier, especially for coarse woolled. Owing to the lateness of the hour we held ours over until next week. Best green crossbreds made oe to 7s 3d, one small lot superior halfbreds Bs. medium 4s 3d to 5s 6d, best merinos 5s 9d to 7s Id, and dry skins prices equal to from sid to 6fd per lb. , , Wheat—The market has a downward tendency, and values are weaker. The despatch of the s.s. Cairntoul to Melbourne will be a slight relief to some holders, bnt not sufltciently so to the majority to affect the market. We quote Tuscan 3s 5d to 3s 6d, pearl and velvet 3s 2d Hunter's white 3s to 3s Id, to.b., sacks extra. Advices from Sydney this morning are most discouraging to shippers. Oats—The market is quite lifeless, and values are without change, prime milling being 2s 8d to 2s 9d, stout feed 2s 6d, inferior from 2s 2d, Backs and cost ex store extra. , . .

Barley—There is little demand tor any kind. Medium sorts are still in plentiful supply. Prime milling is worth 3s 9d to 3s lOd, medium 2s 6d to 3s, inferior from Is 9d per bushel, sacks extra. Beans and Peas—Small enquiry, and not much business doing. Wβ sold medium Prussian blues at 3s, f.0.b.; best are worth 3s 6 o3s 9d. Beans 3s to 3s 4d, sacks extra. Ryegrass— The demand has eased off somewhat, bat as stocks at this point are kept within a moderate compass values are as before. Best town dressed 4s 6d to 4s 9d, farmers' lots 2s to 3s, sacks extra. Cocksfoot—lnquiries for sowing purposes continue to be received, and we repeat quotations. Best heavy machinedressed 3Jd to 3|d, medium 2±d to 2|d, sacks extra. , , , Potatoes—The market has a downward tendency, and several transactions are reported at 82s 6d to 85s, f.0.b., sacks in-

eluded. „ , ~ - . Dairy Produce—Stocks continue to increase, and are without any outlet of importance. Reports from Australia preclude any export of magnitude in that direction, and want of freight in cool chambers prevents shipping 1» the old country. We quote butter od to 7d, and cheese 4d to 4Jd per lb.

Th* Nkw Zealand Farmsbs' Co-opkb-ATIVB ASSOCIATION OF CANTBBBTXBY, LlMltkd, report for week ending Friday, September 20th, 1889:— Wheat—The anxiety of several holders to realise has still further depreciated values, which for short-berried are now relatively below English equivalents. Tuscan continues in fair xlemand, and holdings generally are firm. Hunters, 2s 9d to 2s 10d; pearl, 3s; Tuscan, 3s 5d to Oats—Lower quotations have stimulated business, and several parcels have chanced hands. Prime milling, 2s 7d to 2s ; 8d; short feed, 2s 5d to 2s 6d; dun, 2s 7d; Danish, 2s 4d. . Barley—Demand for export has been felt, which cleared the market of several parcels. Prime milling, 3s 9d; medium, 3s 3d to 3s 6d; feed, 2s 6d. Ryegrass and Cecksfoot—No alteration In values, and demand has almost ceased. Dairy Produce shows no animation. Potatoes—The improved tone in New South Wales has imparted steadiness to the market, and fair sales are reported up to 70s at country stations. Exports for the week ending Friday, September 20th :-Wheat, 1486 sacks; oats 14& sacks; barley, 929 sacks; beans, 40 sacks; peas, 40 sacks; seed, 249 sacks : potatoes, 1176 sacks; flour, 473 sacks and Ls ; malt, 105 sacks; cheese, 5 cases; bacon, 3 cases ; butter, 5 kegs.

Mb D. Thomas (late of Matson,,Cox and Co.) reports upon the live stock market for the Ashburton district for the week ending September 17th, as follows-:-On Tuesday, at the Ashburton Yards, I held my usual weekly sale of sheep, cattle, and Dies. There was a total entry for the Say of 3463 sheep, 27 cattle, and 11 Dies, of which I sold lgsi sheep, 1 heifer, and 8 pigs. The attendance was a moderate one, and although prices improved for ewes ana lambs and ewes In lamb, auctioneers had a very uphill time of it, as the bidding was very stow, and the time taken up for the sale was quite out of proportion to the amount of stock sold. The following were the prices realised:—Fat merino ewes 7s 2d, merino wethers 10s 4d, crossbred ewes 12s 6d to 13a; in stores, crossbred hoggets 9s to 11s 2d, crossbred ewes with good nercentageof lambs 12s 3d, 12s 4d to 13s; 4s ft!, 5s 9d to 6s; crossbred two-tooth ewes and wethers. 10s ML Iβ Cattle-Fat heifer, 4» > *». «£ equal to late rates. On Friday I held my uiual sale of sheepskins, when I had a •sstal entry of 233, which sold mMows^SteSN»A 3S 3d; hest merino, 4s sd* is T7d, to 5s 3d; medium inferior, 2s sd, 2» 6d, to 3s 6d.