COMMERCIAL.
CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday there was a large entiy of all kinds of stock. Store Sheep—A fuller entry than usual met with a willing market, all lines being cleared at satisfactory rates. Two-tooth crossbreds, mixed, brought 10s, fourtooths lls 6d, and some that would have passed muster in the fat pens sold at 13s. These were in lines of 500 and up to 1500. Merino ewes and wethers sold fairly well for their quality, up to 7s 6d being obtained for an even line of wethers. Fat Lambs—These were much sought after by the trade and exporters, particularly the best lines, which sold readily up to 12s; inferior sorts brought from 8s to 10s 6d.
Fat Sheep The market was well supplied with all classes of sheep, a very fair proportion of them being crossbred wethers and maiden ewes of average quality and weights. These sold from 12s to 15s, returning their owners a full net value of 2jd per S), and in one or two cases a trifle over, while ewes and secondrate sheep realised from 1 f d in proportion to quality. The sale of half-fat sheep and second-rate merinos was dull.) Fat Cattle—The sale of good steers and heifers was very small, in consequence of a large entry of cows, which were bought cheap, from 12s 6d per 1001 b being the ruling price. The best sorts of heifers brought from 15s to 17s per 1001 b. Store Cattle —A very small entiy was soon disposed of, as buyers were eager to pick up good sorts if only in ones and twos. No lines of young stock wex*e offered.
A good many dairy cows changed hands at satisfactory rates, up to £6 15s being given for them. Pigs—With the exception of about a dozen porkers the entry comprised store pigs alone. Buyers of porkers had to pay a trifle more than recent rates to secure what they ” required. Good sorts sold at from 2 ; [d per lb upwards. DUNEDIN PRODUCE MARKETS.
The following is the report for the week ending Wednesday : Wheat—Good samples are very scarce. Prime wheats, ss; other good milling sorts, 4a 6d to 4s 8d; fowls’ wheat, good whole, 4s. Onions —Scarce, £8 to £9. Barley—Malting, 3s to 3s 3d ; milling, 2s 4d to 2s 6d ; feed, 2s to 2s 3d. Pearl barley, £l4,
Oats —Best milling and seed, Is 8d to la 9d; bright plump feed range from Is 7d to Is 8d ; other sorts, Is 5d to Is 6d —all sacks extra, off trucks, and ex store. Flour Roller, £ls, f.0.b., Timaru ; stone, £l2 sa. Oatmeal—£9 to £lO 10s. Bran, £6. Sharps, £4. Potatoes—New kidney, £5. Pigs—l4oß> to 1601 b, well fed, 2£d to 2Jd, and scarcely any buers at that low figure ; large sizes not saleable ; hams, 7d; bacon,sd. Chaff —Up to £3 5s to £3 10s, and is very scarce. Straw—(Oaten and wheaten), 30s. Hay—(Oaten), £3 ; Clover and ryegrass hay, £3 5s to £3 10s. Butter—Prime salt, 6Jd to 7d per lb. Fresh plentiful. Eggs are plentiful, and bad. Honey—4Jd per lb. Cheese —ln demand; new Akaroa coming to hand. Factory, 4£d ; dairy, 4d. Grass Seeds—Ryegrass, 3s 6d to 5s 9d; cocksfoot, 4f d to s£d per lb. Sheepskins—At the auction sales on Tuesday, country dry crossbreds, inferior to medium, brought Is 8d to 3s 9d ; do do merino, Is 7d to 3s Id ; full-woolled crossbreds, 4s 3d to 6s 3d ; do do merino, 4s to 5s 9d ; dry pelts, 4d to Is 5d ; a few green crossbreds in wool, 4s 9d to 7s 2d ; green crossbred pelts, lOd to 15d ; lambskins, best, Is 6d to Is lid ; medium, is id to Is sd. Hides—These show no change in value. All coming forward, however, are readily placed, chiefly for local requirements.
Quotations for heavy hides in faultless condition, 2jd to 2jd ; 65ft> and upwards, 2Jd to 3d; country hides, to 2d ; inferior and slippy, id to Id per lb. Tallow—A steady local demand continues to exist. Prime rendered mutton, 18s 6d to 19s 6d ; medium to good, 16s to 18s ; inferior to medium, 13s to 15s. Rough fat has had good attention, best caul fetching 12s 9d to 13s 6d; inferior to medium and good, 9s to 12s 6d per cwt. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednes-
day the following business was transacted:— Fat Cattle—2o3 head came forward, two-thirds of which were good to prime, the rest only medium quality. For really good quality there was a very fair demand, but prices ruling were slightly lower than those obtaining lately for similar quality, while for inferior to medium prices were still less satisfactory. Best bullocks brought £7 10s to £8 ss—one or two
pens extra heavy £8 15s to £9 17s6d; medium to good, £6 to £7 ss; light weights, £4 to £5 17s 6d ; best cows, £6 to £6 12s 6d ; medium £4 to £5 10s; light, £2 10s to £3 10s. Fat Sheep—2s74 were penned, of which about 160 were merino wethers, medium to good, the rest all crossbreds, mostlj’ ewes, only a few pens wethers, good to prime quality. For the latter competition was fairly active, although prices for these hardly reached last week’s values. Ewe mutton had less attention, prices ruling much lower. Best crossbred wethers brought 12s 9d to 13s 9d—one pen 14s 3d ; ordinary, lls to 12s 3d; best do ewes, lls to 12s 6d; ordinary, 8s to 10s ; merino wethers, 7s 3d to 10s. Lambs —445 were penned, medium to good, all of which were sold, but at lower prices than those obtaining last week. Best brought 9s 6d to lls ; others, 6s 6d to 8s 6d.
Pigs—Only 60 penned, most of which were suckers and stores, with a few porkers and baconers. The latter had a little more attention, and commanded slightly higher prices. Suckers brought 6s to 10s ; slips, lls 6d lo 13s; stores 15s to 17s; porkers, 23s 6d to 26s 6d; baconers, 30s to 325. DUNEDIN WOOL SALES. Dunedin, Jan. 7. The second wool sale was held to-day, when there was a large attendance of buyers, including one or two new to Dunedin. The catalogue, which comprised 5000 bales, would have been larger but for the bad weather delaying shearing. Bidding was spirited, and prices were good considering the advices from Home. Light fine sound combing crossbred and halfbred had the most attention. All classes of merino had a good demand but at prices more unfavorable to buyers. Fine greasy crossbred and halfbred made lOd to HJd; medium, to 9£d ; greasy quarterbred, 8d to lOd ; three-quarter-bred greasy, 6d to Bfd; long wools, 6d to S^d. ENGLISH MARKETS. London, Jan. 5. Dunedin five per cents, have risen 2 per cent., and New Zealand Loan and Mercantile Agency’s debentures, 1 per cent. The balance of the Doric’s butter was disposed of at the same figure as the first portion of the shipment. Jan. 6. The total quantity of wheat and flour afloat for the United Kingdom is 2,468,000 quarters. Bank of New Zealand shares, new issue, £8 ; National Bank of New Zealand, 10s. Three mouths’ bills have declined 2 per cent. The American visible wheat supply is estimated at 69,200,000 bushels. The following is a copy of a private cable message received in Christchurch, dated Calcutta, January 4th : “ Cornsacks, 48 x 26£, are quoted at 5s 10fd per dozen ; woolpacks, 54 x 27,2 s each; castor oil, Is per gallon; all f.0.b., Calcutta.” The New Zealand Loan and Mercantile Agency Company, Limited, Christchurch, have received the following cable advice from their London office, dated Jan. o, 1892 : “ Wheat—Stocks heavy; market lias a downward tendency. Spot and c.i.f. quotations have declined 6d per 4961 b and 4801 b respectively since last report.”
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Temuka Leader, Issue 2303, 9 January 1892, Page 4
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1,299COMMERCIAL. Temuka Leader, Issue 2303, 9 January 1892, Page 4
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