COMMERCIAL.

Temuka Leader, Issue 2089, 23 August 1890, Page 4

COMMERCIAL.

c HRI3TOHUROH CORN EXCHANGE

The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, August 22nd:—

The uncertainty that prevails as to what 6itent the strike in Sydney will affect the vessels leaving here is paralysing trade. Orders are being countermanded, and as at the moment our chief export is such a perishable article as potatoes the outlook is very serious for those interested in the tuber. Another perishable article, onions., in which considerable speculation has taken place, will be a more dangerous property, as even in our cool climate they alreaady show a tendency to sprout. However, we must hope that matters will not prove as serious as they certainly look. Wheat— Stocks have considerably lowered down and prices remain firm. Oats Yery few transactions have taken place. There is at the moment no outside enquiry, and only odd parcels find buyers for local consumption. Barley—Yery few samples offering. Prices may be said to be nominal. Beans Several parcels have changed hands for shipment, but at recent London advices there would not appear to be sufficient margin to induce speculation. Peas: A very fair inquiry exists for all sorts of peas, where clean and fit for seedPotatoes Transactions have come under our notice at a reduction on last quotations. The market is, however, in a most unsettled state, pending the development of the strike question m Australia. Grass Seed: In ryegrass a considerable demand :is noticeable, but buyers do not like jto pay the prices asked, imported seed at the moment being cheaper than our own growth. Cocksfoot: A good sowing inquiry is noticeable, and prices are firm. Colonial-grown clover has been sold in parcels during the week, though the exceptionally low price of the imported English seed this season has somewhat effected the value. Next season will probably see a considerable reduction in the imports of both red clover and cowgrass. Our quotations for the week are as follow:

Wheat—Tuscan, 3s 4d to 3s 5d ; pearl, 3s 2d to 3s 3d ; hunters, 3s Id to 3s 2d.

Oats —Milling, Is 7d ; short heavy feed, Is 5d to ls6d ; long and iaferior, Is 3d to Is 4d.

Barley—Prime malting, 8s 3d; feed, Is 6d to Is 9d. Beans, 2s 6d. Peas—Prussian blues, 8s to 3s 6d ; feed, 2s 4d to 2s 6d.

Ryegrass—Machine-dressed, ss. Cocksfoot—Bright heavy seed, 4|d to 4£d. Potatees, 38s to 40s at country stations.

The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra, potatoes excepted.

CHRrSTOHUROH STOCK MARKETS. At the Addington Yards on Wednesday there was a goed attendance present, and a large amount of business was got through. Fat Cattle —This class of cattle, which has been but poorly represented of late, was to-day in a much better condition. Best changed hands at very satisfactory rates. Other sorts were not in such good demand as ban been the case lately, and a decided falling off in values was noticeable. Bullocks made from £6 10s to £lO, and cows irom £5 to £8 10s. Beef may be quoted at from 15s to 20s 6d per 1001 b.

Store Cattle—The only pen calling for special notice was a number of fat cows, which would have sold to better advantage if placed in the fat cattle pens. These made from £4> 10s to £6, and other sorts from £2 to £4.

Store Sheep—There was again an improvement in the entry, both in numbers and quality. For all sorts of ewes the demand was again keen, and a general clearance in this department was effected. A number of hoggets and wethei-B also sold well, and the demand for all classes of store sheep is good. Fat Sheep —Rather a small entry, but the quality of the sheep yarded fully made amends for any scarcity. It is evident that the prices which have been obtained for good sheep lately have been reduced considerably, but owners have still no reason tj complain. Competition for all sorts was good, and last week's rates were generally upheld. Halfbred wethers at 19s 3d to 17s lOd, meriao wethers at 14s 9d to 10s Id, crossbred wethers at 22s to 16s 6d, crossbred maiden ewes at 18s to 17s lOd, halfbred ewes at J7s 9d to 14s 3d. Messrs H. Mateoa and €o. Bold for Mr Ruddenklau crossbred wethers at 18s to 19s 6d.

Fat Lambs—The first lambs of the season sold at from 15s to 21s per head.

Pigs—A very large entry, of mostly porkers. Baconers, however, were fairly well represented, and changed hands at satisfactory rates.

DUNEDIN PBPDUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat Market firm, and prime samples are easily placed. Best velvets and tuseans from 3s 6d to 3s 7d ; au exceptionally good sample, id more fair milling sorts, 3s 3d to 3s 5d second class milling wheats scarce at' Ba to 3s Id, ITowls' wheat: In good

rr—; : : ~ ~ demand. Good whole wheat; 2s 3.1,4 to 3s Id ; broken and inferior, 2s 6d to 2s Bd, j

Barley—:Yery little demand, and prices are only nominal. Malting; 2a 6d to 2s 9d; milling, 2s 2d to 2s 4d ; feed, Is 8d to 2s Id.

Oats are very slow:of 'sale/unless at reduced prices. Best milling, Is 3d to Is 3|d; bright plump feed, Is 2f d to Is 3d ; off color, Is to Is 2d. j. Flour—Timaru and Oamaru roller, £9 if.o.b., £9 5s here; 50*s, dßl<j>; Oamaru, Dunedin, and southern ston,©* £8 ss; 50's, £8 15s. , 1 Oatmeal-. Long ton (bulk), £8 IOJi ; short ton (bulk), £8 ; ! in 25's, £8 10s. Pearl Barley—£ls to £l6. Hops—7£d to Bd.

Onions—£2o. ) Bran £3 here; £2 10s f.ojb Timaru. Sharps—£4 here; £3 15s f.o.b. Timaru.

Potatoes—Oamaru derwents, £3 sjs; good southern, £3 ; kidneys have little demand.

Pigs—Well-fed and good sizes ip to 3|d; hams, 7d to 8d; bacon, 5d to 6d. ■■ ' j Chaff—Well cut and heavy, £2 sfc ; light and inferior, 35s to 40s.

Linseed—£lß to £2O. ] : Turnips—l4s to 15s. Carrots—3oV Straw—Oaten and wheaten,'3os jto 358. Hay—Oaten, 35s to 40s ; clover and ryegrass, £3 to £3 sa. Butter—Best salt, 7d to7|d; off< quality not saleable. > Eggs—Plentiful and moving down. Honey, 4gd to sd. , Cheese —Factory, 4d to 4£d; bejst Akaroa, large size in demand at>3|d;. Grass Seed—Ryegrass, 4s to 6s 6d ; cocksfoot, 4d to sd; seconds and light quality, 3d to 4d ; timothy, £lB to £2O.

Tallow —The supply being moderate local manufacturers are open to purchase pretty freely, so that all offering finds ready sale. Prime rendered mutton, 18s to 19s; medium to goo;d, 15s 6d to 17s; inferior and mixed, 12s to i4s 6d. Bough fat is in good quest —best clean caul fetching 13s to 13s 6d ; inferior to medium and good, 9s to 12s 9d per cwt. ~.■;. Sheepskins—At Tuesday's auction station skins sold well, but butchers' lots had hardly the same attention. The latter made 6s to 5s for best crossbreds • 4s 8d to 3s for merinos. Dry skins brought—Crossbred, 6s 7d to 6s; merinos, 5s Id to 4s 3d ; hoggets, 3s 8d to Is 6d. f , Hides —Values remain light hides are not in much request, but extra heavies bring full rates.

DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Fat Cattle—2ss yarded, the greater portion of which were light weights and poor quality. Prime beef reached figures about on a level with last week's quotations; inferior and medium proved dull of sale, prices ruling considerably lower. Best bullocks made £8 10s to £10; cows, £2 to £6 10s.

Sheep—Only 1842 penned, including 250 merinos. As this was a short supply and the trade were rather lightly stocked, values advanced quite a shilling a head. Best crossbred wethers brought 17s 6d to 20a; ordinary, 14s 6d to 16s 6d ; best crossbred ewes 15s 6d to 18s 6d ; ordinary,13s 'to 15s; merino wethers,l4s to 15s.

Lambs —111 were yarded and sold at lis 9d to 12s 3d.

Pigs—lß6 yarded and sold under fair competition, Suckers brought 6s to 10a; Btores, 15s to 24s ;* porkers, 26a to 30a; baconers, 32s to 50s There were sold for Mr Ghas. Bourne (limaru), 13 heavy-weight bacon pigs at 48s, 5 at 4>os", 6 at 375, 5 at 38s, 5 at 35a, 8 at 335, 8 at 27s 6d, 6 at 25a. AUSTRALIAN MARKETS. Sydney, August 20. - Wheat, broken, 2s 6d ; chick, 3s 8d to 3s lOd. Oats, Is lOd to 2ri ldr Maize, 3s 9d to 4s. Barley, Cape. 2a 4d, nominal; English, 3a. Bran, 9£d. Pollard, 7|d. Peas, prussian blue, 3s 6d to 3s lOd. Potatoes. Circular Heads, £3 to £3 10a; New Zealand, £4. Oniens, £l2. Butter, local dairy, ]ld to Is; separator, Is Id to Is 3d. Cheese, 3d to 4|d ; loaf, sd. Bacon, machine, 4d to s£d; handcured, 6d to 6|d; roll, 7^d;, New Zealand, 9d to Is. Hams, local, 6d to 9d ; New Zealand, 10d to lid. August 21, The effect of the strike on the produce market is hourly becoming more apparent. To-day New Zealand flour is quoted at £8 10s to £9 10s. Bran, 9d. Nine thousand bags of New Zealand oats arrived this morning. Best feed is quoted at 2s to 2s 3d. New Zealand potatoes, £5 10s to £6. Onions, £l3 to £l4 Flour (nominal), 4s. Melbotjbne, August 20. The grain market is depressed. Wheat inferior, 2s 4£d; . medium, 3s 8d ; good, 3s 9d. Oats are dull, danish, 2a 8d ; medium New Zealand milling, Is lid. Barley, Cape, 2s Id. Sugar is in good demand. Finest Queensland whites, £25 per ton, being an advance of from 10s to 15s on yesterday's rates, Adelaide, August 20. ■ There is nothing'doing in the flour or wheat market owing to the strikes. Wheat, shipping parcels, 8a 9d ; flour, , stone-made, £7 10s to £8; roller-1, made, £8 5a to £lO. Oats, New J ■ Zealand, 2s to 2s 3d, in bond. I'

I ENGLISH MABKET3. j LOJTDON, August 19.1 Tallow, best beef,,?ss to 25s 6d ; best mutton, 26s t0.26a«6d. - j New Zealand frozen mutton, prime I selected, average! 4£d per lb. Ox hides, 3*d to 3fd pep lb. August 20 1 The quantity of wheat and flonr afloat for 1 tH<9 £i |Jnited Kingdom lis 2,360,000 ; garters; and for 1 "thfli Cobtinent 536,000 quarters,. The estimated, American supply ii 19,232ibp0 fbushels, A cargo of Australian wheat, August shipment, has" been sold at 38s. There i; is'great Speculation in the wheat market- ! A merlcan ted wintisr is quoted at 112 cents. An Australian cargo has been sold at 37s 6d. Ten thousand quarters, on passage, hajre been sold at 38s. Five thousand quartersipf shipment jof New Zealand wheat sold at 36s 6d. The New Zealand/ Loan and Mercantile Agency Company, hajve received the ■ following "cable message from London, dated il!9th iust.:— The weather is unsettled, Wheat-j Market } n New wheat, .averjage, is. wQrth937s 3d, long berried 38s 6d per 4961 b, abd New Zealand wheat,' ;, f.a q., to arriye (iron ship) is nominally at 36s 6d per 4801 b, June-July bill qf lading.