CHRISTCHURCH STOCK MARKETS.

Temuka Leader, Issue 2326, 5 March 1892, Page 4

CHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wednesday there was a large entry of stock. Store Sheep—The demand for all sorts of feeding sheep and improvers continued brisk, and fully 12,000 store sheep changed hands during the day. Values, however, were not sustained for crossbred lambs, merino wethers, or old sheep, and one or two lines of young crossbreds showed a slight falling off. The demand for crossbred ewes of all ages and good sorts of merino ewes was equal to that of last week. The former were sold at all price 3 from 5s 6d to 12s 9d, every line being cleared. Sound mouthed ewes sold from 10s to 11a lid, and two and four-tooth ewes for" early use brought up to 14s. Besides these a .number of inferior culls were sold at boiling down prices. Crossbred lambs did not reach any higher than 10s 9d, but were all sold. Fat Lambs—Good lambs, from 32S> to 40K> weight, sold freely at from 12s to 13s lOd, and lighter sorts were disposed of at from 9s 3d to lis 6d, every line being snapped up at these prices, many going in large lots. Fat Sheep—Some very prime wethers were sold, the highest price for the season so far being 17s Id. Several other lines of fine sheep were sold at 16s Bd, 16s 7d. Maiden ewes sold at 16s 7d, a large line of two-tooth crossbred and Down wethers at 13s 6d all round. These sheep returned a net value of 2§d, and a trifle over in or two cases. In the merino section some very prime wethers gold up to 13s 9d, equal to 2jd per tt> net. There were comparatively few inferior sheep offered.

Fat Cattle—A very limited entry caused more competition for the best steers and heifers, which sold freely from 18s to 20s per 1001 b, and cows brought 16s to 18s.

Store Cattle—With the exception of a Jine of rising two-year-olds, which brought 465, £he entry was a very unimportant one. iffriiy cows still command a good price. Good mH» sold very freely at prices ranging from £4 to £7 10s. Pigs—A large entry. Weangrs spld at from 7s to 9s 6d, and handy sized improvers up to 16s. Porkers were scarce, .and realised 3£d per lb, while the few baconers offered met with a dragging sale at 2£d to 2~£d p#r Jb, DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted:—

fttt Sheep—22s7 yarded, of which about 1.000 'were crossbreds and the balance On the whole the quality was decidedly .above the average of late sales. Medium w<*l%hs sheep of good quality sold better _ jn proportion than the heaviest. Prime wethers brought 14s to 14s 6d ; extra heavy, 15s to 15s 6d; medium weights, 12a 9d, 13s to 13s 3d; light and inferior, Btore prices; mixed crossbreds (beat), 12s 6d to 13a Gd; ewes, 10a to 13a 3d;

merino wethers, which on the whole were a very good class, to 9s 3d to lis. Fat Cattle—9l head yarded. For the few well grazed lotß an improved demand was noticeable, resulting in a slight advance iu prices, but other sorts were unchanged. The best pens of bullocks on offer brought £7, £7 10s, to, £7 17s 6d, medium, £6 to £6 10s; light, £5 to £5 ss; cows and heifers proportionate rates. Lambs—36B yarded. Extra prime lots brought 10s 6d to lis 6d; good to ordinarily prime, 9s to 10s; inferior to medium, 6s 6d to 8s 6d. Pigs classes, from small weaners to heavyweight bacon pigs. Suckers brought 7s to J Os; slips, 12s to 14s; stores, 16s to 20s; porkers, 22s to 27s ; bacon pigs, 30s to 38s. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Milling qualities very little sought after, millers preferring to wait until stocks of flour are reduced. New wheat is offering at equal to 4s 6 d here, but very little business passes at prices asked by farmers. Fowls' wheat, good whole, 3s to 3s 3d ; broken and inferior, Is lOd to 2s 9d. Barley—Malting, 3s to 3s 3d ; milling, 2s 3d to 2s 8d; feed, Is lOd to 2s 3d. Oats—Milling, Is 6d to Is 6Jd; bright short feed, Is 6d ; inferior and off color, Is to Is 4d. Stocks in agents' hands are about worked out, and new grain will arrive to a bare market. Bran —60s. Sharps, 80s. Potatoes—Kidneys, 40s; derwents, 50s to 555. Pigs—ln good demand, 3d to 3sd for prime quality ; hams, 8d; bacon, s£d to 6d. Chaff—Prime well cut oaten sheaf, 60s to 62s 6d; medium quality, 52s 6d to 57s 6d. Straw—Oaten and wheaten, 30s. Clover and ryegrass hay, 60s. Butter—Salt, 7d; good keg butter wanted. Eggs—Plentiful and lower. Honey, 4£d for extracted. Cheese—Akaroa, large, 3£d to 4d; small, 4£d; factory makes, large, 4Jd to 4Jd, loaf sizes, sd.

Grass Seeds—Ryegrass, farmers' lots, 2s to 2s 6d; machine dressed, 3s to 3s 6d; cocksfoot, 3jd to 4d.

Sheepskins—At auction on Tuesday dry country crossbreds brought Is 9d to 3s; full-woolled crossbreds, 4s to ss; merinos proportionate rates; best green pelts, Is lOd to 2s 4d; medium, Is 5d to Is 6d; dry pelts, 8d to Is 4d; green lambskins, Is 6d to 2s 4d. Hides—There is no change to report. Prime heavy ox bring 2£d to 3d per lb, extra heavy a shade more ; medium ox, 2d to 2Jd; good country parcels, lfd to 2d ; light, to l£d ; calfskins, 6d to Is 6d. 'Tallow—Local rates are unaltered. Best rendered mutton tallow, 18s 6d to 19s 6d; medium to good, 16s to 17s 6d; inferior to medium, 12s 6d to 15s ; best caul fat, 12s 6d to 13s; rough fat, 9s to 12s. ENGLISH AND FOREIGN MARKETS London, March 1. The London Omnibus Company have declared a dividend of 5 per cent. The company will probably reduce the wages of their employes shortly owing to the rise of prices for provender. Syndicates of brokers are treating directly with the Premier of Victoria, and offer to take up £1,000,000 of bonds on terms to produce 4§ per cent, interest. Through a hitch which has occurred over the question of stamps, the bank financiers are irritated and consider that they have been ignored by the Government. March 2. There is a brisk demand for colonial stocks. A portion of the factory-made butter ex the Victoria from Australia, has been sold at 112 s per cwt.; a few choice parcels brought 116 s; dairy-made is selling at 965. The total quantity of wheat and flour afloat for the United Kingdom is 3,086,000 quarters, and for the Continent 1,144,000 quarters. Owing to the increased supply the money market is declining. Three months' bills are discounted at 2gd per cent. Greymouth and Westport Harbor Board stocks have advanced £l. The Aorangi's potatoes brought only 3s per cwt. They turned out damp, the chaff and sand packings being a failure. The Maori's shipment was in fair condition. Financiers urge New South Wales to place at least £1,000,000 of bonds locally. Even if the price is higher, they consider that it is imperative to keep off the London market at present. i Mr Padmire Gordon, of Messrs Gordon Hill and Company, stock and sharebrokers, states that he has placed £1,000,000 of Victorian 4£ per ceiit. eighteen months bonds, yielding 4f per cent., money payable on June 13th. It is rumored that Mr Gordon paid 99| for them, and secured the option of another £1,000,000. Financiers state that this method of placing bonds through private agents is irregular, and. highly injurious to colonial credit. The prosecution of the directors of the Hansard Publishing Company is proceeding. The Treasury declare that over £1,000,000 was extracted from the pockets of the public by gross frauds, Extraordinary evidence was given respecting the purchase of the Callumpton Mill. The Manchester Corporation are raising a further sum of £1,500,000 to assist the Ship Canal Company. The Times considers that it would be better- if she colonies issued 4£ per cent, or 5 per Gent. £,Q.ans rather than undermine confidence by unlimited borrowing by bills which are without the control of public opinion. The price of Queenland Treasury bills is pBJ. This estimated visible supply of American wheat is 564,300,000 bushels, Parts, March 1. The French Government have arranged a reciprocity treaty with the United States, St. Petersburg, March 3. The prospects of the next harvest in Russia are desperate, owing to the slender st.cpk of seed.