COMMERCIAL.
CHRISTCHURCH STOCK MARKET. At the Addington yards on Wednesday business was slow, buyers being plentiful. About 9000 sheep and 137 head of fat cattle came foward for the week’s supply.
Store Sheep—About 2000 store sheep were penned, the hulk of which were breeding ewes, with a line or two of hoggets. The scarcity of feed continues to affect this market, and very little business was done. Fat Sheep There was an entry of about 7000 fat sheep, which included some very good lines of forward crossbreds, one line of which realised 21s 3d. There were also a number of medium crossbreds and a few merin • wethers. Anything really good sold well at up to late rates. Second class and inferior were slightly easier. Fat Cattle—The supply of fat stock was represented by 137 head, included in which were some very good bullocks, which sold at from £9, £ 1 010 a, to £lllos. Heifers and cows brought £7 to £8 2s 6d. The sale was decidedly a brisk one. Store Cattle—There was a medium entry of store cattle, consisting mostly of cows and yearlings, with a few two-year-olds. Most lines were cleared at up to late rates. Pigs—About 200 pigs came to hand. The entry was made up mostly of porkers and stores, with a few lines of really good bacon pigs, which sold at from 42s to 525. Porkers and stores were dull of sale.
DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted:— Fat Cattle—The smallest entry almost on record, only 73 head being yarded. Competition was exceedingly lively, best cattle fetching 30s to 40s per head above the prices lately ruling. Inferior to medium did not show quite so much of a rise, although every pen sold well. Best bullocks brought £lO to £1210s; medium to good, £8 10a to £9 10a ; light weights, £6 10s to £7 17s 6d ; best cows, £8 7s 6d to £9 17s 6d ; medium to good, £6 10s to £7 17s 6d ; light and aged, £4 to £5 10s. Fat Sheep—2B62 penned, including 575 merino wethers, medium to good. Prime heavy weights brought prices quite on a par with last week’s. Buyers for export operating again helped to keep the market firm. Best crossbred wethers brought 16s to 18s; extra heavy, 20s; medium to good, 14s 9d to 15s 9d ; light weights, 13a to 14s 6d; best crossbred ewes, 15s to 16s 3d; extra heavy, 18s; medium to good, 13s to 14s 6d ; light, 10s to 12s 6d ; merino wethers—best, 9s 6d to 12s 9d; medium, 5s 6d to 8s 9d. Lambs—32 really prime lambs sold at 12s 31 Pigs—Bs were penned, mostly suckers and stores, for which there was only a poor demand. The few porkers and baconers to hand sold fairly well. Suckers brought 9s to 13s; stores, 16s to 21s; porkers, 24s to 30s ; baconers, 32s to 49s —none extra heavy. Store Cattle—The market is comparatively quiet. While some small sales are effected, no transactions of any consequence are transpiring. Young cattle could be placed if any were offering, but the demand for grown bullocks is only to a moderate extent. Store Sheep—There are very few of any description offering. Good crossbreds of both sexes could still be placed, more especially wethers, for finishing off on turnips. MONETARY ANIMXJMMEROIAL. London, July 5. There is much irritation in financial circles consequent on the deductions from the Manawatu Company’s debentures, and it is having a prejudicial effect on the Napier Harbor Board loan. The total quantity of wheat and flour afloat for the United Kingdom is 3,600,000 quarters, and for the Continent 1,692,000 quarters. A cargo of Australian wheat has been sold at 29s 3d. At the wool sales competition is good. Prices are firm, and remain unchanged. New Smth Wales, Queensland, and Victorian stocks have fallen 1 per cent.
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Temuka Leader, Issue 2526, 8 July 1893, Page 3
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862COMMERCIAL. Temuka Leader, Issue 2526, 8 July 1893, Page 3
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