COMMERCIAL.

Temuka Leader, Issue 2469, 25 February 1893, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MAKETHS,

At the Addington yards on Wednesday there were fair entries of stock.

Fat Cattle —The fat cattle market was supplied by a rather uneven lot of beasts, the proportion of good sorts being small. Heavy weight steers sold at £G 7s Gd, £7 ss, £7 17s Gd, and £8 ss, a nice line of 15 changing hands at the latter figure. Heifers were in good force, and made from £5 15s to £B, while for cows from £5 10s to £G 5s was obtained.

Store and Dairy Cattle—Young stock was the most prominent feature of the store cattle market, yearlings going from 20s to 275, and heifers from £'2 10s to £B. Some very nice dairy cattle came under the hammer, and realised good values. Pat Lambs —A falling oil'in prices was general, r,anj|M)g from Gd to Is a head, second-rate svts us usual feeling the most effect of the dull market. Rest torts made 10s Gd, 12s 3d, and 12s, others from 8s upwards. £>/;ore Sheep—Thero was a general decline in yajues of store sheep of from Is to Is Gd per jmad, owing to the large sales of sheep which will ho held ?lj.>rtly i < the country districts. Crossbred ewes hold at 10,3, 13s, 13s 10d, 14s, and up to 14s 9d, W V fliers at 12s 9d, crossbred lambs at 10s Gd A fr' lV - ierluo ewes well * a * s *° Gs'G.l/biit '» , Dortion of the was returned unsold,

Fat -Sheep—The fat sheep pmu Contained an average lot, merinos boiug mure pvnmineut than usual. The majority of the croasbßjds were of medium (juality. Wethera made |»5, 10a Gd and 17s 9.1, eV m 12a (id, ion U a C d fos J)d. Mermoa f v.itli f ;.*w§ .fjold at recent <lUotuUG<j2.

DUNEDIN PRODUCE MARKETS. The following is the report ibr the week ending Wednesday : Wheat—Prime tuscau and velvet, 2s 9d to 2s 10(1; a really extra good sample would fetch 2s lid to 3s : new wheat is now enquired after ; medium to good, 2s 4d to 2s 7d ; demand quiet at these prices; fowls' wheat, good whole wheat up to 2s 2d ; other sorts, J s lid to 2s. Barley—Chevalier, 3s 3d to 3s Cd; Cape, 2s Gd to 2s 9d. Oats—Prime short feed and milling, Is !)d to Is Kkl; medium qualities, Is 7d to is Sd; the demand has been belter during the week. New season's rye corn to hand, 2s Ucl to 3s,

Potatoes are now in demand ; derweufs £4 to £4 os : kidneys, £3 10s —in small lots.

Pigs—Good demand at 3jdfor good t|ualit.y and suitable sizes. Hams, 8d : roll bacon, Gd ; side do, Gd.

Chaff—ln better supply ; prime well cut, oos to 57s Gd ; otlier qualities from 40s upwards.

Butter—Demand quiet ; nominally, Tid to Bd.

Cheese—Akaroa, 4d to 4£d; factory, 4jd. large sizes. Grass Seeds—Ryegrass, 2s to 2s 6d ; machined up to 3s 3d ; cocksfoot, to 4d.

Sheepskins—\t auction on Tuesday the entry was small and poor. Prices, however, were well maintained throughout the Bale. (Quotations : —Freezing skins, pelts, from 2s to 2s 4d ; lambs, up to 2s Od ; green butchers', pelts, from 9d to Is ltd ; lambs, from Is 7d to 2s 4d ; dry skins, pelts, from Od to Is 9d ; lambs, Is to 2s ; merino full-woolled, up to 4s 8d ; crossbred, 5s Od. Hides—Market unchanged.

Tallow —Prices reported last week are firmly maintained. Quotations :—Prime tallow (in tins or casks), 18s to 20s per cwt; medium, 15s to 17s; inferior, lis to 13 ; best cauls, 13s to 13s 6d; mixed, 10s to 12s 6d. DUNEDIN STOCK MAEKETS. At the Burnsicle Market on "Wednesday the following business was transacted :

Fat Cattle—l4B head yarded. There was brisk competition for all lots offered fit for the butchers, and prices as compared with last week's advanced fully 10s per he;id. Prime bullocks brought from £8 to £9 15s, ordinary do £7 to £7 15s, medium do £6 to £6 12s 6d, inferior do £5 to £5 15s, prime heifers £0 to £7, ordinary cows £5 to £6, inferior do £3 10s to £4 103.

Fat Sheep—22oß penned, of which 130 were merinos. Amongst the consignments were some particularly fine drafts. Extra prime crossbred wethers brought from 16s to IG3 9d, prime crossbred wethers brought from 14s Gd to 15s Gd, ordinary crossbred wethers 13s to 14s, light crossbred wethers lis Gd to 12s Gd, prime crossbred ewes 12s Gd to 14s 3d, ordinary, lis to 12s, aged and inferior 9s to 10s Gd.

Fat Lambs—Only 587 yarded, and, in consequence, prices advanced fully Is per head, values ranging from 8s to 13s. Figs—Only 80 penned, and these commanded extreme prices. Baconcrs fetched up to 4G3 Gd, and porkers 27s 6d, stores 17s Gd to 20s, slips up to 16s Gd, 9 suckers at lis Gd. AUSTRALIAN MARKETS.

Sydney, Feb. 22, Wheat, chick, 2s lid ; milling, 3s Gd

Flour, Now Zealand roller-made up to £B.

Oats, feeding, 2s 7d to 2s 10s; seed, 2s 9d. Maiz;?, nominally, 5s 3d. Barley, Cape, 3s. Peas, Blue Prussian, 4s 2d. Bran, 9d ; pollard, BAd. Potatoes, local, £3lss ; Circular Head, £4 15s. Onions, £2 15s to £3. Mutter, dairy-made, 5d to Gd ; factorymade, Bd. Cheose, 4jd. Bacon, New Zealand prime, hams, nominally, lOd to lid. Melbourne, Feb. 22. Wheat, 3s to 3s 1 £d. Flour, stone-made, £7 5s ; roller-made, £B.

Oats, Algerain, Is 4Jd to Is 7cl; sbout, 2s Id to 2s.U<l. Barley, malting, 4s 6d to 4s 7d. Maize*, 5s 3d. Brau, B£d : pollard, 9d. Adelaide. Feb. 22.

Wheat, 3s 3d. Flour, roller-made, slow of sale, £9 7sGd, Oats, 3s 3d to 3s 4d. Barley, malting, 4s 3d to 4s 9d. Brau*9d; pollard, 9id. MONETARY AND COMMERCIAL.

London, February 21. Eight thousand five hundred quarters of Australian wheat, January and February shipments, have been sold at 30s 9d. " Bears " have depressed all colonial stocks except those of Now Zealand. Mr Holmes formerly secretary to the foreign bondholders, proposes that the colonies should assign their Customs revenue as security for their debts, and establish a bank to collect the dues. By ihis means the colonies, he believes, would induce the investment of trust funds iu colonial stocks. Feb. 22. The quantity of wheat and flour afloat for the United Kingdom is 3,248,000 quarters, and for the Continent 680,000 quarters. Kaikoura's mutton, 4k!; lamb, G;jii. Mew York, Feb. 21. Intense excitement was occasioned in Wall street owing to an offici-il receiver being appointed for the Philadelphia and Reading Railway Company. A million shares wore sold in two hours. The official receiver appointed for tho Philadelphia and Reading Railway Company states that tho assests are ample, and that the crisis ia owing to the enormous business of the company and the small amount of capital. The prospects of the company are sound.