COMMERCIAL.

Temuka Leader, Issue 1697, 11 February 1888, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

Tbs Corn Exchange reports for ‘the week ending Friday evening, the lOu

inet,

With the warm dry weather of the Jjafet Week, hafybst operations have been, pushed oh with much rapidity, andthe grain is going into stack in capital.idnditioh. J ■ With another lew IweekA , : fia« ! Weather we shall see the hulk of the harvest safe. A few linen of wfieat'have been threshed from tho stock and placed on the market, but bjs§|* yfeUr’r e^periehee fresh* on' 1 their ■.‘memory decline to operate,' :pteierring to depend. upon the did sidcks from which tocorkpiete their orders. * 'Oatsare hfferingdreely, hut we ' hftvh 1 but 1 limitbd 1 business to Mpttfto iA> fair amount; hate been ehippkd <tb‘Australia and coastwise. "W neat—A small : local trade is being done, 1 , and i leW small line« are being sent south, Pearl still continues ,ty, attract most, attention, at 3s 2d to 8s 3d i and hunters aud tuscan at 3s C’hicktn wheat, which has ;bceu offering \ rather freely, has receded to 2s yd for whole and 2s 5d to 2« 6d lor seconds. Buyers decline doing business in new wheats. Oats —A good trade has been done during the week, and prices are more settled than they were a week ago.

Heavy short old feed are worth Is Bd, and long descriptions Is 6d. New crop can be purchased at Id less money.' Barley—Samples offering are very fair malting, rather small, but good color and : quality, with thin skin. Sales have been made at 4s at country stations, where delivery can be made prompt for prime lines of malting. Inferior and second-class is selling at 3s to 3s 3d. Ryegrass—Buyers are not particularly anxious to operate, even at the low prices quoted, viz., 2s to 2s 4d, and farmers find themselves obliged to hold back 1 for the autumn market.

Cocksfoot—Only small lines are offering, which are being taken up at 3d. Decent-sized lines would find purchasers at 3|d for prime heavy seed.

Dairy Produce—We have no alteration to note in values.

The above prices are those paid to farmers and delivered f.o.b, Lyttelton, sacks extra.

CHRISTCHURCH STOCK MARKETS.

At the Addington Yards on. Wed nesday the supply of stock,, except fat cattle, were light, and the attendance far below the average. Eat Cattle—A good entry, quality varied, demand ‘ very dull, and 1 a sluggish sale the result; values even lower than those lately quoted, from 14s to 16s per KJOlbs being a liberal quotation, a good number of cattle being passed unsold. Steers sold at 'from £4 17s 6d to £6 2s 6d ; heifers and fat cows, £3 to £5.

Fat Calves—A few only on offer; values ranged from 8s 6d to 16s per head.

Store Cattle —A line of three-year-old fresh-conditioned steers fetched £4 12a 6d per head; a lino of barely two-year-old steers in poor - condition sold at 455; a small line of two-year-old heifers in good condition sold at 495; yearlings sold at from 19s to 255, according to condition. Dairy Cattle —The choicest of dairy cows, on the point of calving, sold up to £6 2s 6d; ordinary sorts, £3 to £4. Fat Sheep—-Crossbred wethers sold at from 7s 6d to 9s3d; halfbreds, Gs 3d to 7a 8d ; crossbred ewes, from 5s 6d to 7s lid; merino wethers, 4s 6d to 6s 6d each, being at from id to l|d per lb. Fat Lambs—A good number yarded, and values improved quite la per head. Best sorts sold at from 6s to 7a 6d and 7s 9d per head; medium sorts, 4s to ss. Pigs—Weaners sold at from 7s 6d to 8s 6d; good stores, 12s to 18a; porkers, 17s 6d to2Bs6d.

DUNEDIN PRODUCE MARKETS

The following is the report for tin week ending Wednesday • Wheat—The market shows no sign of any improvement; indeed, the tendency is towards lower prices, Extra good white velvet can be placed occasionally for mixing. Other sorts are offering freely, but very few sales are effected. Prime milling tuscan and velvet, 3s 6i to 8s 7d (extra good a shade more) ; medium to good, 3a Id to 3s 3d; inferior and fowls’ wheat, 2s 6d to 3s (ex store). Oats —The demand existing lately has somewhat subsided, and very few inquiries for any sort noticeable. Stout bright milling, Is 8d to la B£d (extra good a shade more); best bright short feed, Is 7?d to Is 8d; netiium, la 7d to Is 7|d; inferior to medium, Is to Is 6d (ex store). Barley — The sale of 1000 bushels of Cape barley at 2s lOd is reported, delivered here.

Potatoes Prices are at present from £2 15s to £3, and likely to improve. Chaff—Good well-cut oaten sheaf, £2 lOi to £2 15s.

Sherpskins—On Monday country dry crossbreds, low to medium, brought Is to 3s 3d; do do merino, lid to 2s lOd; medium to full-woolled crossbreds, 3s 6d to 5s 4d; do do merino, 3s to 4s 2d ; dry pelts, 2d to 8d; butchers’ green pelts, I2d to Isd ; lambskins, Is lOd to 2s Id. Hides —Inferior and bulls’, l-£d to 2d; light, 2fd to 2fd ; medium, 3d to 3^d; heavy weights in faultless condition, 3fd to 4d per lb. Tallow—lnferior and mixed, 10s to 14s; medium to good, 14s 6d to 16s 6d; prime mutton, 17 s to 18s (but very little of the latter quality in the market); rough fat—inferior, 6s to 7s 6d; medium to good, 8s to 10s; best caul, fresh and clean, 10s 6d to 11s per cwt.

DUNEDIN STOCK MARKETS

At the Burnside Yards on Wednesday the following business was transacted :

Fat Cattle—3o9 head yarded. There was a very dull sale. Bidding was slack, and prices much below those of last week’s quotations. Best bullocks brought £6los to £8 12s 6d; medium to good, £3 10s to £6; cows in proportion. - Messrs Wright, Stephenson, and ! 'o. sold for Mr M. Quinn (Temuka), 6 prime bullocks a; from £7 17s 6d to £6l7s 6d. Messrs Eeid, Maclean and Co sold for Waimate Estate, 12 prime cows from £5 to £6 17s 6d; for Mr Michaei Quinn (Temuka), 6 bullocks from £6 to *6 7s 6d, and 1 heifer at £3 2s 6d.

Pat Sheep Best crossbred wethers brought 8s to 9 s 6d; ordinary, (3s 3d to 7s 9d ; best crossbred ewes, 7a 9d to 8s 9d; ordinary, 5s 3d to 7s 6d; merino wethers, 3s 3d to 6s 3d.—Messrs

Reid, i'iVlaclean and Go. sold for Waimate Estate 132 crossbred ewes from 7s 3d jto 7s 9d, Eat ( Lambs—s6o pi nned. Pest pens sold ht7s 6d, others from 3s 9d to ss.| suckers, porkers, and baconers. Suckers realised B,s 6d to lls; slips, Iss id 17s•; porkers, 27s to 325; baconers, 35s to 445.

1 AUSTRALIAN MARKETS.

Sydney, Feb. 9

New Zealand bacon, Bjd to 9£d. Bran shows no improvement. Butter, 6^d. ; Hams, Is. Maize, prime, 3s 4d to 3s 6d. Oats are quiet and steady, prime, 2a to 2s 2d; milling 2s 3d. Wheat, fowl, 3s to 3s 2d, < Melbourne, Feb. 9. Prime wheat, 3s to 3s 6d; malting barley, 5s 3d; oats are unchanged; maize, 3s 8d to 3s 9d. There are large supplies of grain, but few good samples. Adelaibe, Feb. 9. Business dull. Wheat, 3s 2d at port; 2s lOd to 3s at outports, ENGLISH MARKETS. London. Feb. 4. The total quantity of wheat afloat for the United Kingdom is 1,524,000 quarters. The market remains firm. Fob. 6. The wool market remains firm, but prices are unchanged. The competition for all sorts is keen. Seven thousand quarters of Australian wheat on passage have been held for 345, 6000 quarters of J anuary shipment have been held for 33s 9d. Feb. 7. Leather, to lid, and firm; wheat, 33s Gd to 345; flour, 255. At the wool sales to-day 14,300 bales were offered. Prices remain at last quotations. Feb. 8. At the wool sales to-day 15,000 bales were offered. Choice Victorian fleeces realised from Id to 2d dearer than at last sales. Since the opening of the present series 90,000 bales have been sold, and 3000 bales have been withdrawn.