COMMERCIAL.

Temuka Leader, Issue 2418, 29 October 1892, Page 4

COMMERCIAL.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday:— Wheat—The situation is unchanged; there are very few deliveries, but the stock is still too bulky for local requirements. Quotations medium to good 2s 9d to 3s, inferior and good whole fowls’ wheat 2s 3d to 2s 6d, broken Is 9d to 2s 9d, ex store (sacks weighed in, terms). Oats —Holders are firm, and trade is rather lifeless with a slightly weaker tendency. Quotations —for best milling Is lOd to Is lid, best bright stout inferior and medium Is 6d to Is Bd, good colored stout danish and long tartarians have little enquiry, but may be quoted at about the same, ex store (sacks extra, net cash). Barley—Nothing new to report. CHRISTCHURCH CORN EXCHANGE.

The following is the Corn Exchange report (per F, Denham, Secretary), for the week ending October 29th : A perusal of the shipping column in the daily papers for the past week will show the state of the export trade. Wheat is inactive, with no alteration in price. Peas and Beans—The demand for seed lines has stopped, ?nd so have the sales. Oats—The operations of the week have been of about as much public interest as two boys swopping knives, not much except to the parties trading; the demand from the outside is painfully small. Potatoes—A considerable quantity shipped, and Sydney is well supplied, too much so, we fear, for those who have consigned to that market. The orders from our northern provinces are getting fewer in number and less in quantities. Dairy Produce —Not a great quantity coming forward, but what is can easily be placed at fairly good prices. The following are prices paid to farmers, f.0.b., packages extra, potatoes excepted : Wheat Prime milling, 8s 4d; others, Is 9d to 2s 6d. Oats —Feed, Is 8d to Is 9d ; milling, inactive, 2s. Peas— 2s 4d to 3s. Beans—3s. Potatoes —10s at country stations. Butter —Farmers’, 7d to 9d; fresh factory, lid. Cheese —3d to sd.

CHRISTCHURCH STOCK MARKETS. ✓ At the Addington yards on Wednesday there was a fair entry of stock. Fat Sheep—The fat sheep were chiefly merinos of medium quality, while among the crossbreds were some lines ofexceptionally good sheep, which sold at a slight increase over late rates. Merinos ranged from 9s 7d to 12s 6d, better quality from 13s 4d to 15s Id, the Buccleuch sheep realising from 15s lid to 18s; mixed crossbreds brought 16s to 18s Id, crossbred maiden ewes and wethers 16s lid to 20s 6d, halfbred wethers 17s to 20s. hoggets 16s to 20s, shorn crossbred wethers 15s 4d. A line realised from 20s to 21s4d and 22s Id to 28s for the pick of the pens. Store Sheep—Store sheep were sold at about equal to last week’s rates, crossbred ewes and lambs 17s Cd to 20s, merino ewes and lambs 9s 6d, crossbred ewes 10s 7d, halfbred wethers and maiden ewes 15s 2d to 16s Bd, hoggets 12s 7d, shorn halfbreds 11s lOd. Fat Lambs ■ — Fat lambs, small, realised 7s 6d to 9s, average quality 10s to 12s 6d, and extra good lines 13s 9d to 15s. Fat Cattle—The supply of fat cattle was again in excess of the demand, and prices remained about the same as last week. Heifers brought £4 5s to £Q 7s H cows to £6 I,os, au

extra good animal reaching £9, steers £5 7s 6d to £8 7s Gd, Store Cattle The store cattle market was again an exceptionally large one, and prices suffered a drop of about 10s per head. Calves brought 355, yearlings £2 7s 6d to £2 12s, a line of thirteen-months-old £2 11s, eighteen-months-old £2 ss, two-year-old steers £3 ss, three-year-old steers £3 19s to £5 7s Gd, heifers up to £4 10s, a line of springers at £4 7s 6d to £5 10s, and cows and springers at various prices up to £7 ss. Pigs—There was a fair demand for pigs, porkers being slightly firmer than last week, while baconers were easier. Stores brought up to 17s, porkers 17s to 28s, baconers 28s Gd to 40s.

DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted: — Cattle —212 yarded, and although the demand was fairly good, for best quality, the prices ruling hardly reached last week’s. Medium sorts were more difficult to place, even at prices showing a drop. Best bullocks brought £8 to £9 2s 6d, extra prime a shade more: medium to good £6 5s to £7lsa, lightweights £5 12s 6d, best cows £6 15s to £7 17s 6d, medium to good £5 2s 6d to £6 7s 6d, light and aged £2 17s 6d to £4 12s 6d. Sheep—222o were penned, including 645 merinos. Prices receded about Is per head, but crossbred wethers brought 16s to 18s, ordinary 14s to 15s 9d. best do ewes 14s 3d to 16s 9d, merino wethers (best) 10s 6d to 13s 6d, medium 6s 9d to 9s 6d, shorn mixed crossbred 9s 9d to 11s 6d. AUSTRALIAN MARKETS. Sydney, Oct. 26, Wheat, chick, 3s to 3s 3d; milling, up to 3s lOd ; local, 4s 7dto 4s 8d (nominal.) Flour, New Zealand, £8 15s. Oats, feeding, 2a 6d ; seed and milling, 2s 9d. Maize, New Zealand, 3s 6d. Barley, 3s 3d to 3s 6d. Bran, lid; pollard, lOd, Peas, Prussian Blue, 4s to 4s 3d. N ew Zealand meadow hay, £7 10s. Potatoes, New Zealand, £2 ss; Circular Heads, £3 15s ; good new, £6. Onions, £6 to £6 10s. Butter, dairy-made, 8d to 9d; factorymade, 9d to lOd. Cheese, sd. Bacon, New Zealand, now, Bjd. Hams, Hid. Oct. 27. At the wool sales there is spirited competition, and prices show an advance on last week’s sales, a fact which is partly due to the high standard of the wool offered for sale. Prices for wool above average quality have advanced Greasies are quoted at 8d to 9id; scoured up to Is 4d. Melbourne, Oct. 26. Wheat is quiet with but little offering. The latest quotation is 3s Bd. Oats, Algerian, Is lOjd; stout, 2s Id ; good milling, 2s 3d. The wool sales show a strong hardening tendency, but without actual advance. Greasy brought up to B£d; scoured up to Is Ifd.

Adelaide, Oct. 26. Wheat, quiet, at 3s 9d. Flour, roller-made, is selling slowly at £9 10s. Oats, 3s> 4d to 3s 6d. Bran and pollard, BJd. MONETARY AND COMMERCIAL. London, October 25. A syndicate of large brokers is arranging to lend New South Wales £1,000,000 instead of the colony issuing Treasury Bills, on condition that the interest and principal are made payable in London. The brokers fear loss of commission if the loan is floated in the colony and inflated through London. The banks disapprove of the object of the syndicate. Oct. 26. The total quantity of wheat and flour afloat for the United Kingdom is 2,884.000 quarters, and for the Continent 964,000 quarters. The American visible wheat supply is estimated at 75,300,000 bushels. The Eastern Telegraph Company’s profit for the half-year is £130,000. Oct. 27. The cargo of wheat per Snowdrop, barque, from Timaru, sold at 27s 9d.