DUNEDIN STOCK MARKETS.

Temuka Leader, Issue 2563, 3 October 1893, Page 4

DUNEDIN STOCK MARKETS.

At the Burnside Market on Wednesday the following business was trausacted : Fat Cattle—l2o head yarded, nearly all good to prime beef, including 10 or 12 extra large and very fat bullocks from the north, which were well competed for and realised high prices, though relatively lower than those ruling for ordinary weights. The latter had a guod demand, late rates being fully maintained . Best bullocks brought £lO 10s to £lO 12s Gd. extra heavy, £l3 10s to £l7 15s ; medium, £8 10s to £9 12s 6d; light £6 5b to £8 ; best cows, £8 10s to £lO 2s 6d ; medium, £6 to £7 17s Gd ; light and aged, £3 5s to £5 17s Gd. Wright, Stevsnson and Co, sold for Mr J. M. Greenaway (Rangitata), 10 magnificent bullocks (extra heavy weights) at a satisfactory price ; for Mr Charles Wingfield (South Canterbury), 25 very prime heifers at from £8 10s to £9 17s 6d. Fat Sheep—l4o merino -wethers and 2234 crossbreds, mostly wethers, yarded a dragging sale from start to finish, prices being lowered by Is to Is 6d per head, and sveral pens were turned out unsold. Best crossbred wethers brought 17s 6d to 18s Gd ; medium to good. 15s to lGs 9d; light, 13s to 14s 6d ; best crossbred ewes, 15s Gd to 17s Gd ; medium, 12s 9d to 14s ; merino wethers, 8s 3d to 12s 3d. Lambs—l 7 were penned, the first for this season, rather small, but sold fairly well; prices ranging from lis Gd to 15s. Pigs —7B were penned. Suckers fetched 10s Gd to 15s ; slips 163 to 18s ; stores, 20s to 25s ; porkers 28s to 33s ; baconers, 38 to 53 ; extra heavy to 575. Store Cattle —There is a good market for all sorts. All offering, indeed, are eagerly picked up, and a much larger number could be placed if available. Store Sheep—There is some demand still experienced for good crossbred hoggets, and a few lots of these are being nlaeC"' a * r P r * ce3 s ' >u * very little doing in any other b? rts *

MONETARY AND COMMERCIAL,

London, September 28. The Conference of Chambers of Commerce passed a resolution that the navy is insufficient to protet merchant vessels in times of war, and demaudingthat it be placed on a thoroughly effective footing. Sept. 29. The judge has sanctioned the raising of a £50,000 loan, authorised by unsecured creditors in the Loan and Mercantile Agency for carrying on business. City men highly commend the financial proposals of the Premier of New South Wales. Tenders for the loan close on Thursday and the final instalments of 25 per cent, will be payable on January 22nd. Six months' interest will be paid on January Ist. The loan is favourably received on the Exchange, and is already at J premium. New Zealand 4 per cent, inscribed stock 105£ ;3J per cent, ditto, 95 §. New Zealand long-berried wheat, 295, steady. Adelaide wheat is firm at 30s Gd ; Victorian steady at 30s. New Zealand mutton, first quality, 3Jd; second, 3§d ; beef, none in the market. The hemp market is steady, but there i 3 no New Zealand offering. The wool market shows an improvement and medium sorts maintain their value. There is a brisk demand for all descriptions except good sorts. Danish butter, 1245. The Oceania's and Rimutaka's last season's butter, 100 s to 108 s. The hares cousigned by the Mamari are unsaleable, prices being too low. The meat importers have resolved to endeavour to minimise competition, and suggest that shipments should be reduced in order to prevent a glut. Sept. 30. The New South Wales loan is quoted at a premium of £2, and it is expected that the average of the tendei'3 will be £lOl. October 1. The cargo of wheat ex barque Arnold, from Lyttelton, sold at from £27s to £27s Gd. Washington, Pept. 30. Receivers have been appointed for the Mortgage and Trust Company of Missouri. The liabilities of the company are 8,000,000 dollars. Vienna. Sept. 29. The German bankers have agreed to raise a loan of £20,000,000 forltaly, or condition that taxation be re-adjusted. Sydney, Sept. 29. The new loan will be placed on the London market to-morrow. The object is to meet the Treasury bills due in Jan uary next and payment of the public works debt. The minimum of the new loan is fixed at 98, or par if possible, and it will have a currency of 40 years.