COMMERCIAL.

Temuka Leader, Issue 2095, 6 September 1890, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

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

Utter stagnation but poorly represents the state of the produce market. Never before in the colonies has such a state of things been recorded. The cruelty of it is intensified by the nature of the produce that would have been sent away, which, consisting largely of potatoes and onions, is of a perishable nature. Whilst all having the interest of the colony at heart must regret the strike, its termination would be received with much satisfaction by the farmers and produce merchants more particularly. Wheat maintains its values, and sales at rates are recorded. In connection with this millers have advanced the price of flour. Oats—A few sales have taken place, but only for local use. With regard to barley, peas, beans, no transactions worth recording •an be noted, and until the export trade is resumed no improvement in business is expected. Grass SeedRye : The change in the weather will cause a renewed enquiry for sowing. Stocks are in small compass. Cocksfoot maintains recent values. Potatoes —Unless the stocks now in the colony are shortly placed on the Australian markets heavy losses would seem inevitable to the growers—in fact, in any case the cessation of the shipment during the past fortnight must materially affect the values of all parcels not disposed of. Dairy produce remains without any material alteration. Our quotations for the week are as follow:

Wheat—-Tuscan, 3s 6d; pearl, 3s 4d ; hnnters, 3s 3d. Oats —Milling, Is 7d ; short heavy feed, Is fid to Is 6d; long and inferior, Is 3d to Is 4d. Barley—Prime malting, 3s 3d; feed, Is 6d to Is 9d. Beans, 2s 6d. Peas—Prussian blues, 3s to 3s 3d ; feed, 2s 4d to 2s 6d. Ryegrass—Machine-dressed, 5s to fis fid. Cocksfoot—Bright heavy seed, 4Jd to 4|d. Potatoes—Derwents, 40a at country stations. The above quotations are those paid to farmers for delivery, f.0.b., Lyttelton, sacks extra, potatoes excepted.

CHRISTCHURCH STOCK MARKETS.

At the Addington Tarda on Wednesday the entries, with the exception of fat cattle, were large, but the effects of the strike were plainly noticeable in the prices obtained for all sorts of sheep.

Fat Cattle The whole of those yarded were quickly knocked down at very high prices, equal to fully 5s per 1001 b above prices of a few months back. Best beef may be quoted as well up to 26s per 1001 b, for the primest quality, and 20s to 24s for other sorts; Heifers sold frem £4 2s fid to £8 7s fid; bullocks up to £8 15s; cows, to £7 17s fid.

Store Cattle—There was a first-rate entry yarded, but prices ruled very low.

Store Sheep—All sorts which were sold were subject to a considerable drop in values, while a considerable number of lots were not sold.

Fat Sheep—The entry was a large one. The demand was entirely local, buyers tor export keeping aloof. This caused a considerable decline in values, equal to fully Is per head on inferior sheep, while the better sorts, for which there was little competition, felt the decline more severely. Messrs H. Matson and Co, sold crossbred wethers at 14s 5d to 225, and ewes at 14a 3d to 14s 7d; merino wethers at lla 8d; half bred wethers at 13s to 14s 7d. Pigs—A large entry, for which there was practically no demand. Prices were considerably lower than at late markets, and a good number were withdrawn.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat —Market firm, and all good sorts are easily placed. Prime tuseans and velvets, 3s 7d to 3s 8d; other milling sorts, 3s 4d to 3s 6d ; second class wheats, scarce at 3s Id to 8s 3d; fowls’ wheat, good whole in fair demand at 2s lOd to 3s Id. Barley—Yery little inquired after, and quote nominally: malting, 2s 6d to 2s 8d; milling, 2s 2d to 2s 4d; feed, Is lOd to 2s Id; nearl barley, £ls to £l6. Hops, 9d to lOd per lb. Oats—Owing to shipping troubles very few can be sold, as shippers are uncertain to get space. Prime milling, up to Is sd; bright plump feed, up to Is 4d ; other sorts, Is Id to Is 3d. All sacks extra, ex store. Onions, £l4 to £l6; timothy, £3B to £4O; linseed, £l9 to £2O, Flour—Flour has again risen 10s all round. Timaru and Oamaru roller, £lO, f.o.b. those ports; £lO 5s here ; stone made, £9 5s here; 100’s and 50’s, 10s and 15s more; and £ll for ' roller 50’s. Oatmeal—Long ton bulk, £8 10s; short ton, £8; 25’s, £8 10s; 7’s, £lO 10s. Bran, £3; sharps, £4. ' Potatoes —In fair demand from £3 to £3 ss. A few kidneys have sold at from 45s to 50s, and ash-leaves (early) at £3 10s. j

Pigs—Well-fed for curing up toj 1601 b, up to 3|d per lb; hams, 7d to ; 8d (no sale) ; bacon, 5d to 6d. Chaff—Good heavy placed at £2 \ to £2 2s 6d pen|tod. ! Turnips, 16s to 18s; carrots, 1 30s per ton. Straw*—Oaten and wheaten; 30s to; 35a; hay < (oaten), 40s; (clover i and \ ryegrass) £3*ss. 1 i. Butter.—-Primes salt in demand at 7d to 8d; off-flavor not saleable ; fresh, i scarce, in good demand at toj Is per lb. Eggf are now-selling at 7d per dozeni-. iHoney;;4lditoisd. Cheese—Factory, 4d per lb ; prime j large; Akaroa scarce, > and in good do- 1 mandiat S^diperdb.'ili Grass 3s ‘9d 'to 6s ; cocksfoot, 4d to sd; seconds; 8d to 3R

Sheepskins—On Tuesday lowing were the ruling:--For country) j dry crossbreds,* low to medium, Is 8d to 4s; do do merino, Is 6d to 3s 3d ;luH-woolled if cross4s 9d to 7s 3d ; do do merino, 3s 9d to 6s 8d; dry pelts; 4d to Is 5d ; butchers’ green crossbred,^best,-6s 4d to 5s Id j good to medium and inferior, 5s to 3s 9d : green * merino, 4s 8d to 3s 2d.:

Hides—No alteration to make in last week’s quotations, which we repeat —-viz. : For > dry salted : heavy weights, carefully flayed; 2£d to 3d> medium, 2d to 2£d; light; to Hd; inferior, Id to IJd per lb. Tallow Prime. mutton, 20s to 21s ; medium to igood, 16s to 18s ; inferior and i mixed;*: 13s to 15s; Rough Fat: Best,, mutton caul, 13s to 14s ; inferior to medium and good, 9s to 12s 9d per cwt.

DUNEDIN STOCK MARKETS. , . At>the Burnside .Yards on Wednesday the i following business was transacted;—u Fat Cattle—Only 181 penned. The sale opened; with brisk .competition; especially [for prime quality, prices showing a rise:of fully ilOs a head on last week’s, ! but ,towards the close thd demand, becamev weaker, * and prices obtaining showed a; considerable drop. Best bullocks! sold3dat. r£B 10s !to; £lll2s 6d,; medium to good, £6*sa to £7 15s[; light:, and n inferior;, £3 5s to £5 10s: ;i cows andiheifers, £3 2s 6d toj£9/12s 6d. i Twenty-four bullocks were sold for Mt JasirGuild;Trev«nnaV for £8 10s each. One bullOOk at £7 15s, 1 i at, i£6.15 s,; i and i 5 cows at £6 7a 6d were.sold for Mr W. Stewart, Orari.i

Fat Sheep—3224 crossbreds' and 400 merinos'Were : penned,! making a total of 3624 sheep. The bulk Were , wethers, several ) lines, of. which: were exceedingly prime and u.very /heavy weights;Under spirited competition all were sold. iibdt tat prices showings a decline of about IS perhead,on. Ipst week’s. Best crossbred wethers; 17a 6d to ,19s ; medium to g00d,148 6d to 16s ,9d; flight, and inferior; ,llS:6dHto ,13s; best . .crossbred ewes, 16s)6d \to 20s ; ordinary, llss Qd to Il4sl 9d ; merino .wethers, 12s to 14s 3d.

; Pigs— -BOld t werei penned v to-day. The demand was slack, and a dull sale resulted. , Porkers 1; and. bacohers could only bo sold -at a great sacrifice.

AUSTRALIAN. MARKETS. ; Stdnet, Sept,.B. - Wheat Chick, 3a to 3s 6d; milling, 3s 10d f/ toOa.fcs, qSs. to :j2s.v3d j Cape,;£a.2d ;■ ' English.: 3s (nomioai);, Bran,,Bd; pollard, peas ;(prus-. sians), As j ■ potatoes,;; £4, to £5 I.oa ;r onions, £ 10, to, £ 12;f butter, 8d to JOd cheese, 3d.’to 6d; Baconi? Hand-cured,. 6d to 7d j . Od to lOd. Hams : New : Zea,land, TOd to la, jy Melboubke, i?eptw3. . Wheat :: Medium f mjlljng, K ,3s 6d. Oats are dull—tartarian, 2s 7£d ;> JSTew 3s 7dj peas, Jjs,, Id. , Sugar;, Pine whites, £25 ids. ; , ADELAIDE,Sept..3, ; Wheat : 3B ,7d $o 3s Bd.\ Flour; Stone-made,; '£7 10a , jto roller, £8 5s to £9. , : OatSj'j i; to 2s 3d, in bopd. Barley?:, Capo, 2s 3d to 2a 6d ; English,, 2s pd to ’4s,,ac>, cording to quality. Bran, B£d. j pollard, Bd. IT .

ENGLISH .MARKETS. London, Sept. 1, An Australian wheat cargo has been sold at about !J7a lOJ't. link of Njbw Zealand shares aie rising, and are quoted at I per cent, higher. Sept. 2. Although, the potatoes are being devastated by blight the general harvest in Ireland is excellent. Shares in the Bank of New Zealand are quoted at—£6 15s old issue, and £9 new issue. Sept. 3. 1 The quantity of wheat and flour afloat for the United Kingdom is 2,468,000 quarters, and for the Continent 460,000, i Tallow—-Beat mutton, 26s to 27a; beef, 25s 6d to 265. .. The market is firm and steady., Hides, 3fd to 3£d. There is an active demand for most descriptions of skins.

Prices—