COMMERCIAL.

Temuka Leader, Issue 2547, 26 August 1893, Page 3

COMMERCIAL.

CHRISTCHURCH STOCK MARKET,

At the Addington Yards on Wednesday business in all classes except fat cattle was decidedly slack, and most departments were but poorly represented. Store Sheep—About 2000 store sheep, consisting mostly of breeding ewes, with a few lines of hoggets, came forward. Business was decidedly slow, the scarcity of feed preventing buyers from operating, and all lines which changed hands did so at a reduction. Crossbred wethers brought 7s lid, 12s 3d, to 13s 9d; ewes, 9s, 10s, 12s to 17s ; hoggets, 10s, 11s, 11s 3d, to 12s 6d; halfbred wethers, 12s Id. Fat Sheep—About 3000 fat sheep were penned, amongst which were a large number of rough merinos. The quality was below the average, and the sale dragged, with prices much in favor of buyers. Crossbred wethers brought 11s, 13s 4d, 15s, 16s, 17s 6d,185, 19s Id to 20s ; ewes, 13s, 13s Bd, 14s 6d, 17s, 18s 9d, 19s Id to 19a 7d; halfbred wethers, 13s, 14s, 15s, 16s, 17s, 18s 3d, 19s 6d, 20s, to 21s ; merino wethers, various prices, ranging from 5s 8d to 14s. Fat Lambs —About a score of this season’s fat lambs sold from 11s 3d to 16s 6d.

Fat Cattle—Only 96 head of fat cattle came forward, the bulk of which were light steers. Biddings were brisk, and the whole entry was disposed of at a slight rise on last week’s prices, considering the weights. Steers brought from £8 to £lO 10s, heifers £6 to £8 10s, and cows from £5 10s to £8 12s 6d. Store Cattle —There was a large entry in the store pens, amongst which were a number of nice young cattle and the usual assortment of old cows. Dry cows brought £4 10s to £5, heifers £2 10s to £5 10s, yearlings 28s to 355. Pigs—A large entry of baconers sold at from 30s to 625, porkers 15s to 325, stores 7s 6d to 16s 6d. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Good lines of tuscan and velvet are easily placed. Prime quality saleable at 2s 9d to 3s; medium, 2s 4d to 2s 8d; fowls’ wheat, good whole grain, 2s 6d to 2s 9d —in good demand; medium, Is lid to 2s Id. Barley Chevalier, 3s 9d to 4s ; Cape, 2s 9d to 3s, for malting qualities. Oats—Good milling and prime feed, 2s Id to 2s 2d ; long tartarians for seed ; bright, 2s 3d ; danish, 2s Id to 2s 2d for seed.

Hops—ls f.0.b., Nelson. Potatoes—Good derwents, £4lss to £5, and are easier; Kidneys fit for seed, £5, and supplies are short. Pigs—Have inquiry, 4£d to 4fd for suitable sizes and quality. Bacon, 6£d; hams, 9d. Chaff has demand, prime, 67s 6d to 75s ; good, 40s to 60s. Salt Butter—Demand quiet, 7£d, packages extra; prime quality only wanted. Cheese —ln better demand, Akaroa (large), 4|d to 4jd ; factory, 4jd to sd. Honey—Extracted, 561 b tins, 4|d; other sorts from 3jd to 4|d. Grass Seeds—Ryegrass, 2s 6d to 3s; machined from 3s 9d to 4s 6d (demand improving); cocksfoot, 3£d to 5d (in good demand. Onions—£10.

Sheepskins—The demand for these is very good, and all available readily taken up. Best green crossbreds are fetching 4s 9d to 5s 3d; choice, slightly more; medium to good, 3s lOd to 4s 8d ; green merinos, 2s 9d to 3s 6d; country dry crossbreds, inferior to medium, Is 6d to 3s 6d; do do merino, la 6d to 2s 6d; fullwoolled crossbreds—good, 3s 9d to 4s 6d; best, 4s 6d to 5s 9d ; do do merino—good, 2s 8d to 3s fid l best, 3a 8d to ss; dry pelfs ? 2d 1?o Is fid eachHidps—Thp local demand oontinn*- , . af fate values, aud prices ore , jS tal | for heavy ' - unchanged to 3d } in*'* 5 ,-ato2Jd; extra do, ta * .uium, Ifd to Ifd ; inferior -am, Id to l£d per lb. Tallow—Consignments coming forward are readily taken up at late quotations. Quotations : For prime rendered mutton, 21s fid .to 22s 6d; medium, 18s 6d to 20s 6d; inferior, 14s 6d to 17s 6d. Rough fat: Best, 14s to 14s 6d; medium to good, 12s 6d to 13s 9d ; inferior to medium, 11s to 12s 3d per cwt. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted : Pat Cattle—2o9 head yarded. Nearly all were good to prime beef, and several pens were heavy weights. The supply was rather more than was required, prices all round showing a fall of fully 10s a head on last week’s prices rßest bullocks sold at £lO to £ll 2s 6d; medium, £7 to £9 10s ; light, £5 15s to £6 15s; cows and heifers, £3 15s to £lO. Fat Sheep—2ss9 yarded, about 250 of them being merinos ; nearly all were wethers. There were several lines of particularly good sheep, but the greater number were only medium. Several lines had to be turned out unsold. Prices were from Is to Is 6d lower than last week. Best crossbred wethers (heavy) sold at 17s 6d to 19s 6d ; medium, 14s to 16s 9d ; light, 12s to 13s fid; best crossbred ewes 14s to 15s 6d ; ordinary, 11s 3d to 13s 3d; merino wethers, 8s to 11s 9d. Pigs—l 37 penned, but very few of them baconers. There was a good demand, and prices ruled quite as high as last week. Suckers sold at 9s to 13s, slips at 14s to 16s 6d, stores at 18s to 235, porkers at 15s to 345, baconers at 37s to 445, extra heavy, at 66s to 68s, Store Cattle —A considerable amount of inquiry is experienced, and any offering could readily bo placed at full rates. Store Sheep The demand now is chiefly confined to good crossbred ewes in lamb, also good crossbred hoggets, neither of which are offering freely at'the moment.

AUSTRALIAN MARKETS. Sydney, August 23. Wheat, chick feed, 3s 3d; milling, 3s 7d. Oats, fair feeding, 2s BJd to 2s 9d; bright feed, 2s 9^d; extra heavy, 2s lOd ; Tartars, 2s lid to 3s. Maize, 3a Cd. :< Barley, Cape, 2s 10d to 3s. Bran, 8d ; Pollard, Bd. Peas, Prussian Blue, 4s Gd. Potatoes, local, £4 15s ; Circular Head, £6 15s. Onions, £8 10s. Butter, dairy-made, lOd; factory, Is. Cheese, 3d to sd. Bacon, 4d to 7£d; hams, New Zealand, lid. Melbourne, August 23. Wheat is dull. Prime sorts, 2s lid. Flour, stone-made, £6los; roller-made, £6 17s 6d to £7. ' Oats, Algerian,ls lid ; Danish, 2s 2d ; stout, 2s 4d. Maize, 2s lOd. Barley dull; Cape, 2s 2d ; prime, 4s 9d. Bran, 7jd to 8d ; pollard, Bdto 9d. Potatoes, ordinary, £5 10a to £5 15s ; prime, £5 17s Cd to £6.

Onions, £B. Butter is plentiful at 9d, with a downward tendency. Cheese is quiet at 5d to 6|d. New Zealand hemp, nominally, £l7 to £l9, for common to good quality. The Supreme Court has sanctioned the reconstruction scheme of Goldsbrough, Mort and Co. Adelaide, August 23, Wheat, 3s. Flour, £7 15s. Oats, 3s 6d to 3s Bd. Barley, Cape, 2s 3d to 2s 6d, Bran, 8d ; pollard, Bd. MONETARY AND COMMERCIAL. London, August 22. Three months’ bills are discounted at If per cent. Mr Vincent, agent of Chaffey Bros., states that he is convinced that there is a large market for dried fruits from Australia. He is constantly receiving enquiries as to when a regular supply may be looked for. August 23. The Daily Telegraph’s Paris correspondent wires that £700,000 has been shipped from Paris to New York. The total quantity of wheat and flour afloat for the United Kingdom is 2,900,000 quarters, and for the Continent 1,400,000 quarters. A South Australian wheat cargo has been sold at 27s 4£d. Mr Randolph Want is now in London engaged in promoting the establishment of colonial stores, for the sale of meat and wine direct to consumers. Washington, August 22. The financial crisis is passing and many of the large works are resuming operations. The Secretary to the Treasury states that it would cost 113,000,000 dollars to recoin the currency at the proposed ratio of 20 to 1. The supporters of silver are unable to reply to this statement. New York, August 23. News has been received that the Bank of Commerce of Havanna has suspended payment, owing to the paralysis of trade between Cuba and the United States.