COMMERCIAL.

Temuka Leader, Issue 1691, 28 January 1888, Page 4

COMMERCIAL.

OIIRLSTOHURCH CORN EXCHANGE,

Tho Corn Exchange reports for the week ''Hiding Friday evening, the.27'b inst. :

"With favorable weather the harvest operations are progressing with great rapidity. In the early districts the majority of the oats are already harvested, and several samples have been threshed and are in the market. The wheat is rather late, hut by next week the farmers will be in the thick of it. The samples of oats exhibited are an improvement on those of the past season. The markets are languid, and show no improvement on last week's values. A few oats have been shipped, to Australia, but wheat does not find an outlet beyond our Intercolonial ports, the high freights demanded preventing shipments to London on a large scale. Wheat—The few orders coming to hand from the North are easily completed, holders now being anxious to clear their old stocks. Pearl is not so plentiful, and commands 3a 2d to 3s 3d; prime hunters is also more sought after, and is worth 3s 2d; tuscan, of which a large quantity is not in the best condition, is being sold at 3s Id to 3s l^d; chicken wheat is in rather better demand at 2s lOd for whole, and 2s 6d to 2s 7d for broken. Oats—With the new crop on the point of being placed on the market, buyers are inclined to reduce their prices, but for prompt delivery good heavy short feed are worth Is 8d to Is and milling are scarce at Is 9d. Inferior sorts are entirely neglected, and are not worth more than Is 5d to Is 6d.

Ryegrass Numerous sales have taken place at prices ranging from Is 9d to 2s 6d, the latter price being paid for farmers' well-dressed heavy seed. At present there are no orders on hand for machine-dressed. Cooksfoot —A few Btnall samples of inferior seed have been exhibited, and have been taken up at and 3d, but we cannot give these figures on the likely opening prices. Dairy Produce —There is plenty of both butter and cheese offering, but there is almost a total absence of buyers. "We quote best butter at sd, and cheese at 3d.

The above prices are those paid to farmers and delivered f.o.b. Ljttelton.

CHRISTCHURCH STOCK MARKETS,

At the Aldington yards on Wednesday large entries of all kinds of stock yarded. Fat Cattle—A heavy entry, quality varied, one or two good lines of steers being on offer. The demand was not good. Steers sold at from £5 to £6 15s; heifers, from £3 to £5 2s 6d; fat cows, from £3 to £4, being from 14s to 17s per lOOlbs, as per quality. —Messrs Matson and Co. sold for Mr Buxton, fat wws at £4. Dairy Cattle—The best of the dairy cows, on the point of calving, sold up to £6 per head ; inferior to medium, £2 10s to £4.

Fat Sheep—A heavy entry of all kinds and weights; prices ior best slightly improved. Crossbred wethers sold at from 7s to 9s 8d; light weights, 6s to 6s 9d; ewes, 5s to 7s 9d • merino wethers to ss, being at from Id to lfd per lb, as per quality. Fat Lambs—The largest entry of the season, and prices fell Is a head. The best lines fetched from 6s to 7s 6d per head ; medium sorts, 5s and 5s 6d; inferior, 3s 6d to 4s. Store Sheep Good crossbred wethers, 4-tooth, sold from 6s to 6s 8d ; 2-tooths, from 4s 6d to 5s lOd. A large line of cull merino wethers sold at from 6d to lid each.

Pigs—A moderate entry, inquiry good, late values well maintained. Porkers up to sss each, stores to 16a.

DUNEDIN PRODUCE MARKETS,

The following is the report for the week ending 'Wednesday : Wheat—Samples have been offering freely during the past week, but as millers' requirements are light few sales are taking place. Prime milling is worth 3s 6d to 3s 8d; medium to good, 3s 3d to 3s sd; inferior and fowls' wheat, 2s 6d to 3s 2d. Oats—An improved demand has been met with during' the past week, and slightly higher prices are now obtainable. Bright milling, Is B§d to Is 9d; stout bright feed, Is 8d to Is B|d s medium, Is 7d to Is 7£d; inferior, Is 4d to Is G|d, Chaff—Best quality, £2 10s to £2 12s 3d.

Sheepskins—On Monday country crossbred skins brought Is 4d to 4s 6d; do do merinos, Is 2d to 4s; dry pelts, 3d to Is Id; butchers' green pelts, 0d to 13d; ambskins, Is 3d to Is lid. Hides—The local demand is sufficient to clear all offering, and prices are as quoted last week, viz., inferior and bulls, l|d to 2d; light, 2|d to 2J?d; medium, 2fd to 3£d; heary, 3id to 3fd per lb. Tallow—Quotations are: For interior and mixed, 10s to 14s; medium lo good, 14s 6d to 16s 6d; prime mutton, 17s to 18s ; rough fat, 5s to 7s for inferior; medium to good, 8s td 10s; best caul fat, 10s 6d to lis per e vt. The market shows signs of improvement.

DUNEDIM STOCK MARKETS. At. [he. Burnside Yards on WV<Ws day !ho following business was transacted : —- Eat Cattle—2l7 head were yarded, about half of which were prime beef,

the balance medium to inferior. Prices fell slightly. Best bullocks brought from £6 5s to £7 ss; medium to good, £4 to £G ; cows, £8 to £7.— Messrs Reid, Maclean and Co. sold for the Waimate Estate, 12 prime bullocks from £6 5s to £7 2s 6d. Messrs Wright, Stephenson, and Go. sold for the N.Z. and A.L. Co. (Pareora), 6 prime bullocks at from £G 7s 6d to £7, and 4 prime cows at from £6 2s 6d to £7.

Fat Sheep—2o6l were offered. Of thess about 120 were merinos, fair quality, the balance crossbreds, nearly half of which were wethers. Prices again fell from 6d to Is per head. Best crossbred wethers brought 8s 6d to 9s; extra heavy, 9s 3d to 10s; ordinary do, 6s to 7s 9d; best crossbred ewes, from 7s to 8s 3d; others, 5s to 6s 9i. —Messrs Reid, Maclean and Co. sold for the "Waimate Estate, 132 crossbred ewes from 6s 6d to 7s 3d. Messrs Wright, Stephenson, and Co. sold for Messrs E. Price and Sons (Waimate) 68 halfbred wethers at from 6s 9d to 6s; for Mr E. M. Rickman (Waimate), 71 crossbred ewes and wethers at from 7s 6d to 6s 6d; for Mr Rupert Armstrong (Wairaate)f # 66 halfbreds at 5s 6d. Eat Lambs—s 49 yarded. There was a slight advance in prices. Best brought 5s to 6s 9d; others, 3s to 4s 9d.

Pigs—Only 90 of all descriptions penned, but the demand was not brisk, prices ruling much the same as last week. Suckers brought 8s to 9s j porkers, 21s to 28s; baconers, 30s to 40s.

AUSTRALIAN MARKETS.

Melbourne, Jan. 26

Oats have recovered, and large sales have been effected at auction. New Zealand oats have met with large sales at 3s. Maize is active at 3s Bd. Milling barley is brisk at ss. Wheat is easier, and quoted at 3s to 3s 6d.

Adelaide, Jan. 26. Wheat is 3s 2d. There is a steady purchase of up-country sorts.

ENGLISH MARKETS

London, Jan. 23,

Four hundred and forty bales River Plate wool were sold at Antwerp. The salee were at halfpenny and threefarthings advance on November sales,. The sales close on Saturday and comprise 15,000 bales from Australia, and 12,000 from the River Plate. There are 280,000 bales available for the London sales, which open on Tuesday, including 40,000 bales from the Cape.

Jan. 24

Of coast cargoes of Adelaide wheat are quoted 32s 6d, on the spot 345. Flour is 23s 6d. Yictorian and New South Wales butter is averaging 9d per lb.

A private cable message received in Christchurch on Wednesday states:— Wheat market depressed. New Zealand wheat, fair average quality, 33 s; downward tendencv.