COMMERCIAL.

Temuka Leader, Issue 2334, 24 March 1892, Page 4

COMMERCIAL.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Tuesday : Wheat—Considerable quantities of new wheat have been received, but a considerable portion has failed to find purchasers. •It was mostly of medium quality. Prime milling 4s to 4s 2d, medium 3s 8d to 3s lid, inferior 3s 3d to 3s 6d. Oats —Deliveries of new crop are on a limited scale. There has been no change in prices, duo no doubt to scarcity. Unless the Australasian markets are more active, a fall in values must inevitably result. Prime milling Is 6id to Is 7d, heavy bright feed Is 6d to Is 6jd, inferior to medium Is 4d to Is sid. DUNEDIN STOCK MARKETS. At the Burnside Market on Tuesday the following business was transacted:— Cattle—2oo head of fat cattle were yarded. Bidding was slack and prices were easier, except in the case of prime. Best bullocks £8 to £9, good £6 to £7 10s, light £4 10s to £5 10s, best cows £6 to £6 17s Gd, good £4 to £5 12s 6d, aged and inferior £2 to £3 10s. Sheep —596 fat sheep were penned, and prices hardened from Is to Is Gd per head. Best crossbred wethers 14s 6d to 15s 6d, medium 13s to 14s, crossbred ewes lis t© 13s 6d. ENGLISH AND FOREIGN MARKETS. London, March 19. Choicest Victorian butter, factory-made, 120 sto 1225; ordinary, 110 sto 1.125. The demand is limited. The majority of colonial stocks have • advanced § to 1 per cent. Tallow, medium mutton, 25s 9d; beef, 24s 3d. Wheat is receding. For Australian wheat on passage sellers ' are asking 395, but buyers refuse to give more than 38s Gd. Buyers are offering 37s for New Zealand wheat on passage, but sellers want 38s. Colonial barley, 30s ; oats, 27s 9d. ! March 21. Henry Lister and Son (Limited), of ' Huddersfield, are bankrupt. The liabilities are £IOO,OOO, and the assets £28,000. Wheat has fallen Is during the week. Cape apples are fetching 3Ad at Covent Garden, and grapes and peaches also command high prices. At the meeting of the Australian and New Zealand Mortgage Company, Mr A. Flower, the chairman, said that the directors considered it advisable to invest the reserve in Imperial securities, in preference to colonial stocks. Their action was approved by the shareholders. It was stated that a total of £38,000 was invested in New Zealand, but it was not intended to increase the amount. Paris, March 20. The Banque General Des Chemins de ferret de l'lndustrie has stopped payment. The liabilities are twenty four million francs (£960,000). One director has committed suicide, two have absconded, and a fourth has been arrested. St. Petersburg, March 20. Another large St. Petersburg house is in difficulties. March 22. The liabilities of Gunsberg's Bank are now stated at £2,250,000, with assets amounting to about 30 per cent., but it is doubtful if they will realise so much.