MARKET REPORT.

Press, Volume XLVI, Issue 7451, 26 October 1889, Page 3

MARKET REPORT.

PRODCCE, dec

Corn Exchange report for week ending Friday, October 25tb:--No material developments have taken place in grain daring the week, all cereals averaging last weeka values, while transauctions have been few. London quotations for wheat have not yet affected the local market, and it is very doubtful whetherany substantial altera-fon for the better will occur for the re-Balmier of the present season. Oats continue -airly Arm at former Tates, and holders require .considerable persuasion to part at these prices. Baa-ley is unaltered, and demand nominal. A slightly weaker tone is observable in potatoes,, cables from Sydney being adverse to shipping at present rates. Beans and peas have met with some enquiry at current rates, but stocks arecneariy exhausted, and not. much business likely to take place in these until the new season's crop is gathered. Grass seeds fail to gain attention owing to. spring sowing being now almost completed. Dairy produce Is difficult to place at anything like remunerative prices, and values unaltered. The following are the week's quotations :— Wheat-Prime Tuscan. 3s 4d to 3s 5d ; pearl, 3s to 3s Id; 2s lid. Oats—Milling, 2a Od to2S7d; short feed, 2s 4d. Barley—Prime malting, 3s6d; medium, Ba. ■ ... t. ./'•-..._ Beans, 3s 3d. Peas—Prussian blues (true), 3s 9d. Ryegrass—Town machine dressed, 4s 3d to 4s 6d; farmers' lines. 3s to 3s 6d. Potatoes—6os to 95s at country stations. Dairy produce—Butter, 4d to 6d; cheese, S_dto4d..".: The above prices are those paid to farmeats'for delivery Lyttelton, sacks extra, potatoes excepted.

T_n NlTf Zxala-td FABMntS' Co-opbb-attv-s Associ__no»olr C__rr*Rßo_tir,Limimd, report for week ending Friday, October 25th, 188tf:— - Wheat—Recent advices from Sydney report an improvement in demand without alteration in value. Business, locally, continues depressed and operations are confined to shipments on owners' accounts and millers' purchases. Tuscan 3s 4d to 3s od, pearl and velvet 3s, Hunter's 2s lid. Oats—The market is uneven and holders generally look for higher values than uyers offer. Milling 2s 4d, short feed 2s 2d to 2a 4d, Dun 2s od. Dairy Produce is steady at last quotations. Cheese 3_d, butter, fresh, 6d. Potatoes—Business at the moment is practically suspended owing to the severe fall in Sydney. Quotations nominally 80s country stations. Principal Exports:—Wheat 7366 sacks, oats 2870, malt 422 sacks, flour 3060 sacks and bags, potatoes 10,773 sacks, bacon 63 cases, butter 44 pkgs, cheese 30 cases, seed 240 sacks.

Thb Nxw Z«_j_ahd Loak amd Mss-O-JCTIIJI AOBXCT CoIfPAKT, LISfITBD, report on the grain and produce markets tor the week ending 26th October, 1880:— Wool—There is no fresh feature of interest in this staple. Shearing Is now pretty general on the plains, ana each day contributes its quota, either for shipment or local sale, generally the latter. In Australia the sales-continue'to progress most favorably for growers. In fact, the prices realised are fully up to London values, and the buyers display an eagerness that augurs well for the early sales' here. Tallow and- remain as before. Good well saved makes l|d to lid, inferior from Id per lb. TaHow* 18sto 18s per cwt., having regard to quality and condition. Hides—We repeat our quotations. Good heavy 601b and over, 3_d; medium, 2_d; and light, 2d; calfskins, 3_d per lb. Sheepskins—The local auctions were not so heavily supplied, and values were firmer. Butchers' heavy green crossbreds brought from 6s 6d to 8s: medium, 6s 3d to 6s; best merinoes, 6s 9d to 8s 3d; ordinary, 4s 3d to 5s ad; dry skins, pi ices equal to 6d to 7_d per lb. Wheat—The Home market displays a slightly easier tone, but this has bad no effect locally, as .transactions are very restricted, being confined to millers' orders for immediate requirements. All sailing,freight to the old. country, is being taken up, and if is anticipated that the rate will harden as the wool season profresses. We quote Tuscan, 3s 5d to 3s 6d; 'earl and Velvet, 3s Id to 3s 2d; Hunters', 2s lOd to 3s f.0.b., sacks extraOats—There is no change to report in this cereal since our last. The firmer feeling then alluded to still exists, but transactions are on a limited scale. Prime milling are worth 2s 6d; stout feed, 2s 4d; inferior, from 2s per bushel, sacks and cost ex store to be added.

Barley—Quotations nominal, as follow: —Best malting quality (little offering), 3s 6d; medium sorts, 2s 6d to 2a 9d; feed, &c, from Is 9d per bushel, sacks extra ex store. -

Beans and Peas—No business worth recording. The former we quote at 3s to 3s 4d; Prussian blue .peas, 3s 6d for ordinary and 4s 6d for seed per bushel, sacks extra. ■-.;_.' :.; •..,'•

Ryegrass and Cocksfoot — Very little doing at present.. -Best town-dressed ryegrass is worth 4s 6d per bushel; cocksfoot 2d. to; 3£d per lb, as per description, sacks extra in each case.

Potatoes are at a standstill, and the market is very dull, as buyers refuse to operate abtheprices holdtes are demanding, viz., £s'los- per ton, f.0.b., including sacks. The position is unsettled owing to the unfavorable news from the Australian colonies. Dairy Produce—There is no life in the market at present. A moderate quantity tets moved off in the cool chambers of the irect steamers, but not sufficient to affect local stocks to any extent. We quote cheese 3_d to 4d, and butter 6d to 6d per lb.

Mr D. Thomas (late of Matson, Cox and Co.) reports upon the live stock* market for the Ashburton district for the weekending October 22nd, as follows:— On Tuesday, at the Tinwald Yards, I held my usual weekly sale of sheep, cattle and pigs. - There was a total entry for theday of 5686 sheep, and 90 head of cattle, of which I had for sale 3113 sheep and 60 head of cattle. There was a good attendance of buyers, and competition fairly brisk throughout the sale. There were several lines worthy of special notice, viz., a line of 212 crossbred six-tooth ewes, with lamb at foot, and 75 crossbred hoggets, grazed by Mr W. Prebble, both lots a credit to the owner. Mr John Doyle also had some very prime fat merino wethers, and- a good line of three - quarterbred hoggets. The following were the prices realised:—ln fat sheep—Merino wethers lis 3d, lis 6d, 12s 6d, 12s 8d to 12s 9d; crossbred ewes, 14s 6d. In'stores—Crossbred ewes, with good percentage lambs, 10s 9d, 12s 2d, Us Id, 13s 6d to 15s; merino ewes, just lambing, in poor condition, 5s 2d; crossbred hoggets. 10s, 10s Id, 10s 6d, lis 6d, 12s 6d to 13s 7d; twotooth ewes and wethers, 13s 6d. In cattle —Stores, heifers, 32s 6d; yearlings, 15s, and a mixed line of yearlings and two-year-olds, j6l ss;