COMMERCIAL.

Temuka Leader, Issue 2473, 7 March 1893, Page 4

COMMERCIAL.

CHRISTCHURCH C-ORU EXCHANGE,

The following is the Corn Exchange report (per F, Denham, Secretary'), fW tJ;,o week ending March 3rd : Wheat—-Wa y.re exactly in dntu qm, v o) .ylu 4 le dVering, the gasaplps offering fairly good, anM a decided improycwajit on the past year’s. Unfortunately we cannot>cportan advance in price, tie wish \ve could. Harley —The samples we have seen so far are miserable in the extreme. The large growers have not threshed out yet, waiting for it sweating and an advance in price, and we tljink they will get it, Data—A great diversity of opinion with regard to value. Tartars are wanted for Australia, those true to name are scarce. Canadians are required at quotations. Duns, too many in the market and not asked for. Millers’ goods—We do not think our quotations below can pcsaiblv maintain. Wheat—Tuscan, vis fid; pearl, 2s 7d; hunters, 2s Gd; fowl wheat, anything, say 2s to 2s 3d. Potatoes Kidneys, 4os to &‘Js at stations. Ryegrass—Has dropped back.

Barley Prime malting, 4s ; others downward. Oats Milling, Is lid ; stout feed, Is lOd ; tartars, Ip lid. Peas—Wanted, 3s Id. Beans—None offering. Cocksfoot—2d to G^d. Cheese—3d to 4Jd. Butter Fresh factory, lOd ; others according to the “strength.” Flour—Roller, £O. Bran—sos. Pollard—oos. The above prices are those paid to farmers, f.0.b., packages extra, potatoes and millers’ goods excepted. WELLINGTON WOOL SALE. The fourth and last wool sale of the season was held at Wellington ou Friday. Between 400andoOObales were catalogued and about two thirds were cleared. Satisfactory prices were secured for lambs’ wool, which brought from OJ-d to 6;|d, and crossbred from to 7fd; coarse and hogstained wool was difficult to place, prices ranged from 4d to 5.1(1. MONETARY AND COMMERCIAL. London, March 2. The Australian banks with head offices in London are petitioning the Queen to veto the South Australian Unclaimed Moneys Act of 1891. The American visible supply of wheat is 105,200,000 bushels. Three months’ bills are discounted at 1J per cent. Bank of Ireland stock has rallied £5. March 3. New Zealand 4 per cent, inscribed stock, IOGf ; 3£ per cent, ditto, 97. New Zealand long-berried wheat, ex wharehouse, 31s. New Zealand frozen mutton, first quality, 4gd per lb ; second quality, 3Jd. Lamb, first quality, GJd. New Zealand hemp is steady; good quality, £25 5s ; fair, £24. Danish butter, 122 s per cwt; Victorian factory-made, 104 s to 108 s; dairy-made, 86s to 965. South Australian wheat, ex warehouse, flat at 33s 3d; Victorian, ditto, 335. The Times, referring to the last Australian shipment, say that surely British farmers might continue to preserve their butter and secure the local trade. There are rumors in the city that another Australian bank is about to suspend payment. March 4. About 20 per cent of the Pakeha’s Townsville beef was damaged. Consignees complain that the facilities for testing frozen meat in the colonies before it is shipped are insufficient. Melbourne. March 4. Petitions have been lodged, praying for the cumpulsory winding up of the businesses of Rocke & Co., furniture dealers, and Maurice Aarons & Co. The former’s liabilities amount to about £190,000, and the latter’s to £50,000.