COMMERCIAL.

Temuka Leader, Issue 2250, 5 September 1891, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Sept. 4th : The cablegrams received during the last week, though of a somewhat conflicting nature, have tended to harden the prices of wheat. Oats—But little doing. Barley—For prime malting quality a demand exists. Grass Seed—-Ryegrass: The demand has not been up to the average. The weather having kept back intending purchasers; prices are hardly so firm. Cocksfoot: Really heavy seed sells at full rates, but for inferior and seconds from the machine is a limited enquiry. Potatoes are still in heavy supply, though the three steamers leaving this week have somewhat reduced stocks. It is doubtful if the present increased value in Sydney will be maintained oh arrival of these shipments. Dairy Produce—No particular change can be noted in values. Quotation are as follow : Wheat—Tuscan, 4s 5d to 4b 6d; pearl, 4s 3d' to 4s 4d; hunters, 4s 2d; whole fowl, 3s 6d to 3s 9d; broken, 3s 2d to 3s 4d. :

Oats—Milling, Is lOd; short, Is 9d ; long and inferior, Is 6d to Is Bd. Barley—Malting, 3s; medium, 2s 6d j feed, Is lOd to 2s. Beans, 2s 9d to 3s. Blue prusoian peas, 2s 9d to 3s; feed, 2s 8d to 2s lOd. Ryegrass—Machine-dressed, 5s to 5s 3d; farmers' lines, 4s to 4s sd. Cocksfoot: Really good heavy seed, 5d to 5Jd. I Dairy Produce—Butter: Factory-make, Is to Is Id; farmers' prime keg, 9d. Cheese : Small-loaf, 4|d; large and medium, 3fd to 4 Jd. I The above quotations are those paid jo farmers, f.o.b. Lyttelton, sacks [extra.

CHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wednesday 8946 sheep, 332 cattle, and 354 pigs, formed the entry for the day's auction.

Fat Cattle—Large entry, which was made up chiefly of prime steers and heifers. Biddings were brisk, and a general clearance was effected. Prime beef sold at 20s to 22s per 1001 b; other sorts at proportionate rates. A very prime line of bullocks sold at £9 15s to £9 17s 6d;, steers, £5 to £6 10s; heifers, to £6l6s ; cows, fat, £6l7s 6d to £7 7s 6d. Veal—Full entry; best calves up to 335, others 10s to 15s each. Store Cattle—Small entry, which met with a poor sale. Dairy Cattle—Small entry, mostly of the worn out class, for which biddings were very slack. A few good cows sold at £5 to £6. , Pigs—Larger entry than of late ; biddings were dull, and a shade lower prices had to be accepted to effect sales. Bacon pigs sold at 27s to 355, choppers 40s to 60s, porkers 14s to 23s each; stores at 9s, 10s, to 14s each. Store Sheep—A shade better values were obtained than those ruling at the previous week's sale. Hoggets sold from 7s 6d to 12s 6d; crossbred ewes with lambs sold at 15s to 20s 6d; crossbred ewes in lamb at 10s 6d to 14s 6d. Fat Lambs—These are coming forward every week in larger numbers. Best sold at 15s to 18s; others at 12s to 13s. Fat Sheep—Large entry, every pen being well filled. Biddings for prime sheep were very brisk. Very few really prime crossbreds (freezers) were yarded, but in merinos several lines of wonderful sheep were offered, notably a line which topped the market at 19s 7d; one pen of extra size sold at 20s; the balance of the line sold at 17s 8d to 16s 9d; pen merino ewes at 15s 7d; halfbreds from same owner at 20s 4d ; a grand line of crossbred wethers at 22s 7d; pen maiden ewes at 21s ; other lines sold at 10s, 10s lOd, lis lid, 13s 4d, to 15s 6d.

Canterbury Horse Market—On Saturday last a small entry of about 55 horses were yarded, and biddings were decidedly brisk for good sorts. Good hacks sold well at £l6 to £2O; draught horses at £ls to £2O.

Wool, Sheepskins, Hides, Fat and Tallow—On Thursday last, Butchers' crossbreds sold up to 8s; merinos to 7s lid; country skins, s£d per lb. Factory have sold at full market rates. Rough fat, IJd to l#d per ib. Hides at late rates. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Market firm, and has plenty inquiry, prices are firm. Prime tuscans and velvets 4s 7d to 4s 9d; other good milling sorts, 4s 4d to 4s 6d; fowls' wheat, good whole, 3s 8d to 4s. Prime Nelson hops, Is Id. Onions—£6.

Barley—Malting, 3s to 3s 3d; milling," 2s 4d to 2s 6d; feed, 2s to 2s 3d. Pearl barley, £l3. Oats —Improving, best milling and seed, Is 6d to Is 7d; bright plump feed range! from Is 6d to Is 7d; other sorts, Is 3d to la 4d—all sacks extra, off trucks, and ex store.

Flour—Roller, £l2; store, £ll ss. Oatmeal, £8 10s to £lO 10s. Bran—£3 10s. Sharps, £4 10s. Potatoss—Glutted, kidneys for seed, £2 5s to £2 10s,

Pigs—l4oß) to 16011), well fed, 3£d; large sizes,»ot saleable; bacon, 5d to 6d; hanis, 7d to Sd. Chaff—£2 6s to £2 10s. Turnips—Getting out of date, as feed is more plentiful. Carrots, 30s to 355. Straw—(Oaten and wheaten), 30s to 355. Hay ('oaten), £3. Clover and ryegrass hay, £3 5s to £3 10s. " Buttejt=rPfime salt, 9d, scarce and in good demand j fresh factory butter, Is 3d per lb. Eggs—Fairly supplied. Honey —5d per lb. Cheese—Factory, 5d to s£d ; dairy, 4d to 4jd. Grass Seeds—Ryegrass, 3s 6d to 5s 9d; cocksfoot, 4£d to Od per ft. Cocksfoot is now in active demana,

pelts, 3d to Is lOd; batchers' green crossbreds, extra large pelted, "7s Id to 6s 8d; best do halfbreds and fine crossbreds, 6s 6d to 6s; good to medium, 5s lid to 5s 3d; coarse-woolled and small, 5s 2d to 4s 6d; green merinos, 4s 9d to 2s 9d. Hides—No alteration in market, 601 b hides 2fd to 3d, over this weight Jd more; medium, 2d; light, l£d tolgd; inferior, 1 ldtoljd. Tallow also remains unaltered. There is a steady demand, and all lots coming: forward are taken by local manufacturers.: Quotations for medium to good rendered tallow, 16s to 18s; extra good, a shade more; inferior and mixed, 12s to 15s;. rough fat, best, 12s 9d to 13s 6d; inferior to medium and good, 9s to 12s 6d per cwt. DUNEDIN STOCK MARKETS. At the Burnside Yards on Wednesday the following business was transacted : Fat cattle were in full supply, there being 265 head yarded—a large proportion being medium and inferior, which were difficult of sale; while anything prime was in good demand, and sold at about equal to last week's rates. Best bullocks brought £8 5s to £9 10s; medium, £5 15s to £7 10s; inferior, £4 10s to £2 10s.

Fat Sheep—3l74 penned, 200 being merinos, the balance crossbreds. With the exception of a few pens, the quality was not first-class; but there was a good demand and all were cleared. Bast crossbred wethers brought 18s 6d to 19s 6d ; good, 16s to 17s 6d i medium j 13s to 15s; ewes (best), 14s to 15s 6d; medium, 12s 6d to 13s 6d; merinos, 10s to 15s. Pigs—2Bß of all sorts were penned, including a large proportion of porkers. The demand was slack: BacOners sold from 30s to 37s 6d; porkers, 20s to 27s 6d; stores, 15s to 20s; slips, 12s to 15s; and suckers from 6s to lis.

ENGLISH AND FOREIGN MARKETS. London, Sept. 1. The St. Petersburg" correspondent of the Daily Chronicle states that the railways leading from the frontier to the Baltic Seas are blocked with rye, but the officials are in receipt of secret orders to delay transmission until the price has fallen. The condition of the peasantry in the western districts is reported to be terrible, and that several hundred million roubles will be required for relief purposes. The wool sales opened to-day at Antwerp. The bidding was brisk and there was a large attendance, but prices did not come up to those previously realised. There was an average fall of ten centimes compared with the closing rates of last series. Nineteen hundred bales were sold, the prices being a halfpenny per B) below the London June rates.

Owing to the rise in the price of grain London bakers have advanced the price of the quarten loaf a half-penny.

Three months' bills are discounted at 2\ per cent,

Sept: 2. The quantity of wheat and flour afloat for >. the United Kingdom is 1,948,000 quarters; for the Continent 2,544,000. New Zealand Shipping Company shares, £4 ; Shaw, Saville and Company, £ lO. Vienna, Sept. 1. ' The grain market is firm and realising fair prices. Official reports of the world's supply are optimistic. The surplus of wheat in Austro-Hungary is given as 4,000,000 quintals.

The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable advice from their London office, dated Ist September:—

" Weather unfavorable. Wheat market is unsteady and fluctuating. New Zealand wheat f.a.q. to arrive iron ship is worth 42s per 4801 b, May-June bill of lading. New Zealand wheat average and long berry, is worth respectively 43s 6d to 45s 6d."