COMMERCIAL.

Temuka Leader, Issue 2306, 16 January 1892, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday there was a good entry of stock. Store Sheep—A very active sale, all classes of sheep being in demand. Twotooth crossbreds sold at 10s, lls 7d and 12s. Hoggets brought 8s lid. Dry crossbred ewes (full-mouthed) sold at 10s 4d; wethers and maiden ewes at 10s Id; ewes and lambs in large lines sold readily at from 5s 9d to 6s 9d each, all being counted. Merino ewes with crossbred lambs realised 8s Bd. A line of crossbred lambs was sold at 7s 4d, and some merino wethers brought 4s 4d and 5s 4d.

Fat Lambs—An entry of nearly 1000 lambs represented all sorts and conditions, from the light-weight, inferior descriptions to the prime fat lamb of over forty-five pounds weight. The best realised 14s 3d, while a number of the smaller sorts sold at less than 10s. Buyers for export were and all finished lambs were rapidly cleared. Fat Sheep—Over six thousand were yarded, which number was not above the requirements, as all good sorts met a ready sale at full rates. Only second and third-rate sheep were at all neglected. A fair proportion consisted of prime fat wethers and maiden ewes, which were bought for export, and gave their owners a shade over last week’s returns. Best wether mutton sold at from 2jd to 2|d per lb, freezing wethers, and good sorts of ewes and priraest merino wethers realised within a trifle of 2d per ib. Most of the second-rate sheep sold at about last week’s quotations, but in some instances lines were withdrawn to undergo the necessary finishing touches.

Fat Cattle The sale of beef since Christmas has been, and still remains, very unsatisfactory. To-day was no exception, as only one or two lots of very nice heifers and some prime bullocks from Burnside sold readily, while nothing realised above 18s per 100tt», The general run of the steer beef was sold at 17s per 1001 b, and cows brought from 12s per 1001 b upwards. Store Cattle—A much improved entry of store cattle shows that the season is very favorable to this section of the market. All kinds of young stock to hand sold well. Yearlings brought from 28s to 30s, year-and-a-half to two-year-olds from 35s to £2 7s 6d, and full-grown cattle realised a much better price than has ruled recently. The demand for dairy cows, excepting those with a character, was slack. Pigs—Of the 120 yarded, the larger proportion were stores, which sold freely in one line. Porkers were in demand at 3Jd to 3Jd per Ib, and the bacon pigs sold brought 2id to 2fd per ib, according to quality. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Good samples are very scarce. Prime wheats, 5s ; other good sorts, 4s 6d to 4s 8d ; fowls’ wheat, good whole, 4s. Onions—Scarce, £5 to £7. Barley—Malting, 3s to 3s 3d ; milling, 2s 4d to 2s Gd; feed, 2s to 2s 3d ; pearl barley, £l4. Oats—Best milling and seed, Is 8d to Is 9d ; bright plump feed range from , Is 7d to Is 8d; other sorts, Is 5d to Is Gd '

—all sacks extra, off trucks, and ( ex Flour—Roller, £l3 f.0.b., Timaru; stone, £l2 ss. Oatmeal, £9 to £lO 10s; bran, £3; sharps, £4. ■ Potatoes —New kidney, £3 10s to £4. Pigs—Well fed, 1401 b to 1601 b, 2fd to 3d (large sizes are not saleable) ; hams, 7d; bacon, sd. Chaff up to £3 5s to £3los, and is very scarce. Straw: Oaten and wheaten, 30s. Hay: Oaten, £3; clover and ryegrass, £3 5s to £3 10s. Butter—Prime salt, 6§d to 7d per lb. Fresh plentiful. Eggs are plentiful, and bad. Honey, 4Jd per lb. Cheese is in demand, and new Akafoa is coming to hand. Factory, 4£d; dairy, 4d. Grass Seeds—Ryegrass, 3s 6d to 5s 9d; cocksfoot, 2fd so 3jd per lb. Sheepskins —At auction on Tuesday country dry crossbreds, inferior to medium, brought Is 8d to 3s lOd; do do merino, Is 7d to 3s; full-woolled crossbreds, 4s 3d to 6s 6d; do do merino, 4s to 5s lOd; diy pelts, 3s to Is 6d; a few lots green cposstieda in the wool, 5s 6d to 6s 6d; awQßfcbred pelts, Is to Is sd. Lambskins: Best, Is 8d to 2s 7d; medium, Is 4d to Is 7d each. Hides—A good enquiry for all available, more especially the heavier sorts, but there, is no change in values, which are—for heavy sorts, 2Jd to 2£d; 661 b and upwards, 2|d to 3d; country hides, l£d to 2d; light, IJd to l|d; inferior and slippy, Jd to Id per lb. Tallow—There is no apparent change to note in the tone of the market. Prime rendered mutton, 18s 6d to 19s 6d ; medium to good, 16s to 18s; inferior to medium, 13s to 15s. Rough fat : Best caul, 12s to 13s 6d; inferior to medium and good, 9s to 12s 6d per cwt. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted:— Fat Cattle—Only 122 head yarded. This number included about 40 head of Wanganui cattle. The demand was better than at last week’s sale, and prices showed a slight improvement:—Best bullocks sold et £7 10s to £9 ss; medium, £5 15s to £6 15s ; small, £4 5s to £5; cows and heifers, £3 5s to £6 15s. There were sold for Mr John Grant (Willowbank), 7 steers and heifers at from £5 10s *o £7 6s. Fat Sheep—l7os came forward for this week’s sale, of which about 150 were merinos. Competition was rather slack and bidding came very slow. Prices, on the whole, were about Is lower. Best crossbred wethers sold at 12s to 13s 9d, medium, 10s to 11s 6d; best crossbred ewes 11s to 12s 6d, ordinary, 9s to 10s 6d; merinos 7s 9d to 9s. Fat Lambs—B3B yarded. A few were small and inferior, the rest ranged from prime to medium. Prices ruled rather lower than last week, say, about 6d a head. Best sold at 8s 6d to 9s 6d ; medium, 7s to 8s 3d; small and inferior, 5s 9d to 6s 6d. Pigs—About 100 penned. Porkers, baconers, and good suckers were in request, and met a slightly better sale. Slips met a very poor sale. Suckers sold at 5s 6d to 12s ; slips, 13s to 14s 6d; porkers 21s to 30s; baconers, 31s to 38s 6d, extra heavy to 425, ENGLISH AND FOREIGN MARKETS. London, Jan. 12. Auckland Harbor Board debentures have fallen 3. Jan. 13. The Union Bank of Australia has declared a dividend of 12 per oent. jer annum, and carried forward the sum of £16,000. Millions of New South Wales and Victorian stock are awaiting realisation. The cable stating that New South Wales had decided to issue Treasury bills at 4 per cent, at par has greatly depreciated and injured the prospect of the issue, which is considered to be impossible of success at less than '4£' per cent! Purchasers who had already arranged to take large amount at 4i per cent, now refuse to touch the bills at 4 per cent., and any attempt to force a public loan would produce a panic. The total quantity of wheat and flour afloat for the United Kingdom is 2,580,000 quarters, and for the Continent 1,256,000 quarters.

Prime dairy-made butter is selling at 108 sto 112 s per cwt.; medium factorymade, 112 sto 118 s; choice lots, 118 s to 1225. A consignment of inferior quality brought by the Yaletta is affecting the market. Share quotations :—National Mortgage and Agency Company of New Zealand, £ 10; New Zealand Trust and Loan Company, £6 10s. The American visible supply of wheat is estimated at 69,000,000 bushels. A portion of the factory-made butter by the Orient realised 120 s to 124 s per cwt. The quality of the article was pronounced satisfactory. Dairy-made butter brought 108 s. Nelson Bros, have declared a dividend of 10 per cent., and carried. forward £16,000. Paris, Jan. 12. The vintage for the season is estimated at 50,000,000 gallons above the average for the past four years. AUSTRALIAN MARKETS. Melbourne, Jan. 12. Wheat, new crop, 4s 4d; old, 4s sd. Flour, stone-made, £10; roller-made, £lO 10s to £ll. Oats, stout, 2s sid. Maize, 2s 3d to 2s lOd. Barley, 2s 5d to 2s 6d. Peas,2s44d, Bran, 10 Jd. There is excellent competition at the wool sales. Greasy, 9Jd; scoured, Is 2fd. Adelaide, Jan. 12. Wheat, new crop, 4s 7d to 4s 8d; old, 4s 9d. Flour, stone-made, £lO 10s to £lO 15s; roller-made £lO 15s to £ll ss. Oats, New Zealand, 2s 3d to 2s 4d. Barley, Cape, 2s 3d to 3s 3d; English malting, 3s 3d to 4s 3d. Bran Is Id. Pollard, Is Id.