COMMERCIAL.

Temuka Leader, Issue 2403, 24 September 1892, Page 4

COMMERCIAL.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday : Wheat—Wheat of good quality has inquiry, and finds ready buyers. Prime up to 3s lOd ; velvet and red straw in prime condition to 3s Sd ; other qualities, from 3s to 3s Gd ; fowls’ wheat, good whole, 2s Gd to 2s 8d; medium and broken. 2s to 2s 3d. Barley—Very little business passing in this line. Good malting, nominally, 3s 9d; milling, 3s to 3s 3d ; feed, 2s Gd to 2s 9d. Oats —Prime milling, and good, short, bright feed, 2s ; medium qualities from Is Gd to IslOd; long tartarian and other sorts, suitable for seed, up to 2s 3d. There is inquiry for good seed parcels. Linseed—£l3 per ton. Potatoes —If good qualities 32s Gd to 355 ; inferior, 20s to 25s per ton. Onions —Best Melbourne 5s Gd per cwt. Pigs—Prime quality, suitable sizes, 3|d to 4d ; inquiry for good pigs; haras, 7d to 8d ; bacon, 5d to Gd. Chaff—Well cut and clean heavy quality up to 50s ; other sorts from 30s to 40s. Salt butter in small supply, 9d. Lard—4£d.

Beeswax, Is per lb. Honey, market full; 3£d to 4d for best. Cheese —Factory, 5d ; Akaroa, uja to 41(3, large size. , Grass Seeds—Ryegrass, farmers , 2s to 3s 3d; machined, 3s 3d to 4s ; Italian, 3s 9d to 4s 6d; cocksfoot, to 4d.

Sheepskins —At auction on Tuesday competition for all sorts was brisk, and satisfactory prices were realised. Green crossbreds sold at 3s 5s 2d ; do merinos, 2s lid to 3s 7d ; dry crossbreds, 2s to 5s 4d; do merinos, Is 5d to 4s 7d; do pelts and lambs, 7d to 2s lOd. Hides—The local demand continues fair at late values, and prices are unchanged. Heavy hides, of which very few come to market, range from to 3d: medium are in most supply at from 2d to 2£d; light, l£d to Ifd ; inferior, Id to Ijd per lb. Tallow—All coming to hand is readily taken up by the local manufacturers. Prime rendered, 18s to 20s per cwt; medium, 15s 6d to 17s; inferior, 12s 6d to 14s 6d; rough fat, 9s to 13s.

DUNEDIN STOCK MARKETS.

At the Burnside Market on Wednesday the following business was transacted:—

Fat Cattle Nearly all were prime qualitj', only a few pens were heavy weights. There was a brisk demand all through the sale, but prices showed no improvement on those ruling last week. Best bullocks sold at £8 10s to £9 12s 6d; medium, £5 15s to £7 15s; light. £4 15s to £5 10s; cows and heifers, £4 5s to £8 15s.

Fat Sheep—3326 penned, of which 1071 were merinos. There was a fair demand for crossbreds, but prices, except for the best lines, were a shade lower. The market was overstocked with merinos, and, unless they were extra prime quality, this class were difficult to sell at anything like satisfactory prices. Best crossbred wethers sold at 17s 6d to 18s 9d ; medium, los 3d to 16s 9d ; light, 14s to los; crossbred ewes, 14s to los 9d; best merino wethers, 12s to 13s 9d; ordinary, 7s 3d to 11s 3d. Fat Lambs—lo penned, the first of the season, sold at los to 16s,

Pigs—Only 120 penned. Suckers sold at 7s to 12s, slips at 14s to 16s, stores at 18s to 20s 6d, porkers at 26s 6cl to 32s 6d, baconers at 3os to 425, extra heavy at 60s to 70s.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report (per F. Denham, Secretary), for the week ending September 24th : Wheat—Local millers seem to have stopped buying for the present, and we found difficulty in placing a few small lines of prime at 3s f.o.b.. whilst buyers for Sydney are operating with extreme caution. With regard to exporters to the United Kingdom the less said about them the better, their offers are certainly not cheering. Barley—No good offering; feed slow of sale and price low. Oats—A few passing at late rates, but demand not lively. Potatoes Shippers having filled immediate orders and not feeling inclined to purchase except from hand-to-mouth prices (and goodness knows they were low enough), have slightly receded. Peas and Beans—Not asked for. Dairy Produce—lt is a matter of regret the factory is not better supported, as it must be late in the season before they begin work, missing the cream of what promises to be a good season. The following are prices to farmers, f.0.b,. packages extra, potatoes excepted; — Wheat—Prime milling, 3s 3d to 3s4Td; fowl, 2s’2d. Barley—Feed, Is 9d to 2s 3d. Oats—Milling, 2s ; dun, long, and feed, Is 9d to Is lid. Potatoes—9s to 10s at country stations. Peas and Beans—2s 4d to 3s. Rye Grass —Slow, farmers’, 2s to 2s 3d; town dressed, 3s 6d; cocksfoot, 2 : j-d to 3|d. Cheese —3d to od, Butter —Fresh factory, Is; farmers’, 8d to 9d.

CHRISTCHURCH STOCK MARKETS.

At the Addington yards on Wednesday there were fair entries of stock. Fat Sheep—A line of very prime merinos averaged 18s 6d, the best pen making 21s 6d. The best crossbreds ran from 16s to 19s, 20s, 21s 9d and 23s 3d ; for wethers, 16s od to 19s, 20s and 21s; for crossbred wethers and maiden ewes, ewes 13s to 16s 6d, halfbred wethers IGs 9d to 20s; the best merino wethers ran from 13s 8d to los 3d, medium, 11s 6d to 13s, and inferior 8s 9d to 10s 6d.

Store Sheep—There was a good sale for all lines of stores, hoggets selling up to 14s 9d, and a line of 700 at 12s 9d; merino ewes and lambs * , »ht 13s 6d, crossbreds in lamb brou b . wethers 15s 9d, and 14s 3d, Crosse. merino wethers 9s. at Fat Lambs —Fat lambs sold v all prices from 10s to 19s. Fat Cattle—There was a good demand for fat cattle, and bullocks brought from £7 os to £9 7s (3d and £lO 12s Gd, heifers £5 15s to £7 15s, and cows £5 to £7 17s 6d. Store Cattle—The store cattle market continued animated, and all useful lines sold well at late rates, calves realising from 21s 6d to 2Gs, yeaidings 39s to 48s Gd, eighteenmonths to two-year-olds £2 11s to £3, two-and-a-half-year-olds £4 10s to £4 15s, cows from £2 10s to £7 ss. Pigs—The demand for pigs was good, baconers, however, being a little easier on account of the advance of the warmer weather. Stores sold up to 14s 3d, porkers 14s 6d to 265. baconers from 27s Gd to 41s, and 53s Gd was obtained for a heavy weight; choppers 45s to 62s Gd.

AUSTRALIAN MARKETS,

Sydney, Sept. 21

Wheat, chick, 3s 4d to 3s Gd; milling is in better demand up to 4s 9d; local, 4s lOd to ss, nominal. Flour, New Zealand, £9. Oats, feeding, 2s 8d to 2s 9d; seed, 3s #

Maize, 3s 8d to 3s lOd. Barley, Cape, 3s to 3s 3d; English, 4s 2d to 4s 6d, nominal. Bran, Is Id ; pollard, 11 Jd. Hay, New Zealand meadow, £7 lUs to Jpg Linseed, New Zealand, £l2 10s to £l3. Peas—Prussian Blue, 4s 4d to 4s 6d. Potatoes, £2 5s to £3 ; Circular Head, £3 7s6d. • Onions, Victorian, £3 15s. Butter, dairy-made, 9d to lOd; factorymade, lid to Is. Cheese, 5d to 6d. Bacon, New Zealand prime, old, 7|d new, Bjd. . . September 22. Butter, dairy-made, 6d to 7d; factory-made, 8d to 9d. Melbourne, Sept 21. Wheat, 3s lid. Flour, stone-made, £8 5s to £8 15s ; roller-made, £9 to £9 15s. Oats, Algerian, 2s; stout medium, 2s 2d. Adelaide, Sept. 21. Wheat, 4s 2d. Flour, roller-made, £9 10s to £lO. Oats, prime feeding, 3s 4d to 3s 6d. Barley, nominal, 4s 6d to 5s Gd. Bran and pollard, lid. September 22. The Government propose to float the unalloted portion of the last loan, amounting to £608,000. Also to obtain the necessary authority to raise a loan of £900,000 for public works. The latter, however, will not be required before the end of next year. MONETARY AND COMMERCIAL. London, September 21. There is good competition at the wool sales all round, especially for shafty wool, and prices are very steady. Alfred Rothschild will represent Great Britain at the monetary conference. H. Frey & Co., general merchants, who closed their Melbourne branch a few days ago, have suspended payment. The liabilities of the firm are estimated at £150,000, chiefly in Paris. The English liabilities are £19,000. The Commercial Deposit Building Society, which suspended payment on the 18th inst., will resume operations to-day.

The Directors have decided to reorganise the Liberator Building Society, which suspended in the early part of the month. The total quantity of wheat and flour afloat for the United Kingdom is 1,960,000 quarters, and for the Continent 976,000 quarters. There is good competition for a varied assortment of New Zealand wool, and prices are unchanged. A cargo of wheat ex barque Paquita, from Lyttelton, sold at 275.

The New South Wales Government are making enquiries as to the prospect of placing £1,000,000 worth of Treasury bills. The brokers are irritable, as they have not yet unloaded the last lot, and the chance of success is poor.

Tasmania is waiting for the first chance to come upon the London market.

The P. and O. Company have reduced freight, rough measure, by 15s per ton.