COMMERCIAL.

Temuka Leader, Issue 2415, 22 October 1892, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORT

The Canterbury Farmers Cooperative Association Limited, per J. Mundell, Auctioneer, reports on the Live Stock Market for the fortnight ending Thursday, October 20th, 1892, as follows :

The advance of spring has improved the condition of the market, and caused a healthy demand for all classes of young stock. At Makikihi yards on the 10th inst, the yarding of sheep and cattle was small, owing to the creeks and rivers being swollen by the heavy rain, consequently there is no business to report.

At Geraldine yards on Wednesday, 12th inst., the yarding consisted of 2300 sheep, 65 cattle, pigs nil. Prices realised were, in sheep, crossbred ewes with 105 per cent, of lambs at foot, 16s 4d to 16s 6d; three-quarter-bred hoggets, 14s 3d to 14s 4d; halfbred hoggets, 10s 3d to 11s 3d; merino wethers, fat, 10s to 10s 6d. Cattle — 2-year-old steers in forward condition, £4 to £4 los; light stores, £3 to £3 17s 6d ; dry cows, £2 10s to £2l3s. At Washdyke yards on the 13th inst., a moderate entry, comprising some really well finished lines of fat sheep, were yarded. We sold butchers crossbred ewes at 15s; steers and heifers £3 15s to £4. At Studholme yards on the 14th inst. the sheep pens filled up well, the principal portion of which were half and three-quarter-bred hoggets, which sold under keen competition, for three-quarter-breds 13s 6d to 14s 8d ; halfbreds, 11s to 12s Bd. Dry cows in forward condition found buyers at £4 17s 6d ; yearlings, £1 10s, Pigs, nil. At the Teinuka Live Stock Market on Tuesday, 18th inst., the yardingfor this sale was 2150 sheep, 214 cattle, 45 pigs. Our quotations for the day’s sale in sheep are: —Merino wethers, fat, 12s ; three-quarter-bred ewes, fat, 16s 9d; three-quarter-bred wethers in forward condition, 16s ; three-quarter-bred hoggets, 14s 9d; crossbred ewes with lambs at foot, all counted, 8s Bd. Cattle —Fat heifers, £6 ss, £5 17s 6d, £5 15s to £5 7s 6d; cows, springing and in profit, £5, £5 15s, £5 17s 6d to £6; steers and heifers, 2-year-olds, £3 15s to £4; yearlings, £1 10s to £2 ss. Pigs—Porkers, 18s ; strong stores, 10s 6d to 11s. Sheepskins, Hides, Fat, etc.—At our rooms, Tiraaru, on Wednesday, 19th inst., we held our usual fortnightly sale of the above, submitting a large entry of green and dry skins to the usual attendance of buyers. Competition was good, and late prices well maintained. Our prices were, heavy crossbreds, 5s 6d, 5s 9d, to 6s; medium skins, 4s 6d to 4s 9d ; merino skins, 3s 6d to 3s 9d. Rough fat, 12s per cwt.

CHRISTCHURCH CORN EXCHANGE. IW'WWW'W The following is the Corn Exchange report (per F, Denham, Secretary), for the week ending October 22nd : Wheat—For faulty ,where farmers understand the position lines are selling fairly well. With regard to prime lines holders tell us they cannot go lower, at the same time they are willing to sell at quotations. Barley— We mention this grain, and that is all. Oats—A large parcel (IG,OOO sacks) has changed hands, and for a wonder both buyer and seller are satisfied. In the meantime prices remain as before, an ordinary enquiry from the outside. Grass seed—-The season is almost over for the sellers, and stocks left are heavy. Potatoes—We would very much like to record a substantial advance, but we cannot. A number of consignors to Sydney hoped they were “in it” on the rise, but cables <Sif results show differently. SussexHtrtfct Ring has much to answer for. They Know to 1 ? much for our shippers and their on that side. Nearly all late shipment* sold on Friday and Saturday, and the advance was on Monday. Query, How is It that consignees to that market almost always sell before n rise ? Dairy produce—Steady. Tike following are prices to farmers, f.o/b., packages extra, potatoes excepted; Wheat—Whole fowl, 2s to 2» 34; second, 2s Gd to 2s 9d ; prime milling. 3s 4d. Barley—Feed, Is Gd to 2s 3d. Oats—Feed, Is 9cl to Is Fid; milling, 2s. Beans—Seed, 3s 3d. Peas—--2s 9d to os. Cheese —3d to sd. Butter—Fresh fanners’. 74 to 8d ; factory, lid. Potatees—los to Fls. CHRISTCHURCH STOCK MARKETS. At the Addington yards on Wednesday there was a fair entry of stock.

Fat Cattle —The demand for fat cattle was slightly better than the previous week, but no quotable difference in the values. Ileifexs brought from £4 2s Gd to £6 10s; steers from £G 12s Gd to £9 10s; cows from £4 17s Gd to £8 12s Gd. Store Cattle The store cattle market was an exceptionally large one, an entry of some 200 bullocks from the Cheviot estate being made in

addition to the ordinary yarding. This line sold at from £2 8s to £6 3s 6d. Calves brought 20s to 31s ; yearlings, 35s to 50s ; eighteen-months-old, £3 ; heifers, £3 10s to £1 13s ; dairy cows, £4:l2s to £7 ss.

Store Sheep—Store sheep were slow of sale. Crossbred wethers brought from 14s 9d to 17s, a line of Down crossbred maiden ewes and wethers 15s to 15s Gd, crossbred ewes and lambs up to 21s 6d, hoggets 12s to 15s, shorn hoggets 13s 9d, merino ewes and lambs 9s 9d. Fat Lambs —The entry of fat lambs was a large one, but prices are now easing down. They sold at all prices from 8s 3d to 15s Gd. Fat Sheep—There was a fair supply of fat sheep, including some splendid pens of crossbreds and merinos, which met with a good demand. Inferior sheep were slow of sale. Merino wethers brought from 10s Id to 13s 6d, and 14s Gd to 16s for best quality. The Buccleueh sheep ranged from 15s 8d to 19s 3d. Crossbred maiden ewes and wethers brought from ICs Gd to 17s 9d, hoggets 16s 7d, ewes (shorn), 13s lOd, wethers (shorn), 12s 9d to 13s. crossbred wethers in the wool 17s Gd, 20s to 225. A grand line of 110 crossbred wethers ranged from 21s to 23s 9d.

Pigs—The pig market continued animated, and all lines were cleared at from 8s 3d to 13s for stores; 16s to 26s for porkers; 27s to 36s for baconers; and choppers up to 465. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat —There are not many good dry lots offering, they find ready buyers. Prime milling sorts 3s 4d to 3s 6d ; second quality 2s 9d to 3s ; fowls’ wheat, good whole, 2s 6d to 2s 8d; medium and broken, 2s to 2s 3d.

Barley—Very little business. Good malting, nominally, 3s 9d; milling, 3s to 3s 3d ; feed, 2s 6d to 2s 9d. Oats —Prime milling, and good, short, bright feed, Is lid, an exceptional bright lot would fetch 2s; medium qualities from Is 6d to Is lOd. Rye Corn —2s 9d to 3s. Linseed—£l4 per ton. Potatoes —If good qualities 30s ; inferior, 20s to 25s per ton. Onions —Best Melbourne 12s. Pigs—Prime quality, suitable sizes. 4d, Haras 7d to 8d ; roll bacon, 6d to Chaff —Well cut and clean heavy quality up to 57s Od; other sorts from 40s to 50s. Salt butter in demand for shipping ; 8d for prime quality. Small parcels for local demand fetch S|d to 9d, Lard—4-i-d. Beeswax, Is per lb. Honey, 4d for best. Cheese —Factory, sd; Akaroa, 3|d to 4|d, 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 slightly higher prices than those rulinglast week were obtained. Quotations : —Dry skins, crossbred, low to medium, Is 8d to 3s 3d ; do do medium to best, 3s 8d to 5s 6d; do do pelts. Is to Is 6d; do merino, low to medium, Is to 2s 6d; do do medium to best, 2s 9d to 4s 9d; pelts, lOd to Is 4d; green skins, halfbreds, 4s to ss; do crossbreds, 3s 9d to 5s ; do merino, 3s 3d to 3s 9d.

Hides—Market unchanged. Quotations : Prime dry salted heavy hides, 2|d to 3d per lb; extra prime and heavy hides, to |d more ; prime medium weights, 2d to 2£d per lb; cut, dirty, and otherwise inferior, l£d to Ifd. Tallow —The demand remains brisk. Quotations : Prime tallow (in tins or casks) ; 18s to 20s per cwt; medium, 25s to 17s; inferior, 11s to 14s ; best cauls, 13s to 13s Gd; mixed, 10s to 12s Gd. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted:— Fat Cattle-Fat cattle were in moderate supply, only 134 head yarded, but prices exhibited no improvement on those of last week. Prime bullocks brought from £8 to £9 ; ordinary, £7 to £7 15s; small, £5 to £G 10s; prime cows, £G to £S 2s Gd ; ordinary, £4 10s to £5 15s ; aged and inferior cows, £3 to £4 ss. There were sold for Mr T. Mullins (South Canterbury), 18 prime bullocks at from £9 to £7 17s Gd; for Mr W. Balfour (Timaru), 18 bullocks at £8 10s to £9 10s.

Fat Sheep—lG62 penned. This number included 480 merinos. Competition was void of animation, excepting for a few peiis of prime sheep, and prices current were much the same as those of a week ago. Prime crossbred Wgt.hers brought from 17s Gd to ISs 3d ; ordinary 4g <}p. IGs to 1 1 s ; light do do, 14s to ios Gd : pi'ima crossbred ewes, IGs Gd to 10s Gd ; ordinary do do, 14s to IGs: light, 12s Gd to 13s Gd; merino wethers, Ss to IGs. Pal Lambs—Ninety-three penned, and sold from 8s to 13s. Figs—lG4 yarded, and consisted chiefly of small stores, some porkers, and a few bacon pigs. For a|l descriptions the demand was brisk, and good values were the order of the day. Prime bacon pigs brought from 33s to 4Cs, porkers 2Gs to 30s, stores 17s to 245, sij.ck.ef? Ss f-o 16s. AUSTRALIAN MARKETS, Sydney, Oct, 10, Wheat, New Zealand chick, 3s 3d ; second class milling, 4s to 4s 3d. .Flour, New Zealand, £8 15s. Oats, 2s 7d, market weak, being well supplied. Maize, New Zealand, 3s 74 to 3s Bd. Barley, 3s 3d to 3s Od. Bran and ])ollard, lid. Peas, Prussian Blue, 4s. Now Zealand meadow hay, up to £7 10s. Linseed, New Zealand, £lB 10s to £l3.

Potatoes, £4 to £4 5s ; Circular Heads, £4 15s to £5. Onions, £7 10s to £B. Butter, dairy-made, 8d to 9d ; factorymade, 9cl to lOd. Cheese, s£d. Bacon, New Zealand, B|d. Hams, Hid. Melbourne, Oct. 19. Wheat quiet, 3s Bd. Flour, stone-made, £7 15s to £8 5s ; roller-brands, £8 15s to £9 10s. Oats, Algerian, Is 6d to 2s; stout, 1b lid to 2s 2£d. Adelaide, Oct. 19. Wheat is weak at 3s Bd. Flour, roller-brands, £9. Oats, 3s 4d to 3s 6d. Bran and pollard, Bsd. MONETARY AND COMMERCIAL.

London, October 18. The Melbourne Board of Works loan has been fully subscribed. The bulk of the stock is taken by three banks, the remainder by the public. Since Wednesday last £750,000 in gold has been sent to the Continent from Loudon. Oct. 19. Thechairman dfDalgetty’s Company states that it is necessary to provide for losses on stock in Western Australia caused by the general depression in Australia. The company had invested £137,000 in consols. The majority of 44 per cent, debentures are being converted into 4 per cents. The total quantity of wheat and flour afloat for the United Kingdom is 2,148,000 quarters, and for the Continent 920,000 quarters. The money market has an upward tendency owing to the continued withdrawals of gold for export. Three months’ bills are discounted at l£ per cent. The American visible wheat supply is estimated at 70,500,000 bushels. St, Peteksukg, Oct. 18, A serious crisis is reported in the wheat trade, owing to the low prices ruling in England, and exporters state that they cannot ship profitably. The stock of wheat in Odessa amounts to 1,000,000 quarters. The failure of several Russian firms is announced.