COMMERCIAL.

Temuka Leader, Issue 2578, 7 November 1893, Page 4

COMMERCIAL.

AUCTIONEERS' REPORT. The Canterbury Farmers' Co-operative Association, Limited (per Mr J. Muiidell, auctioneer), report on the horse market at Tattersali's ou Saturday as follows : Our entry comprised 37 head. Competition was keen for youug, well-bred draught horses, light and weedy sorts being neglected. Wo sold a large proportion of our entry under the hammer at the following quotations, viz. : Draughts, young and sound, with trial, £lB, £l9 103, to £2O; do, aged and inferior sorts, £6 5s to £8 ; light harness sorts, £l2 10s to £l3 5j ; hackneys, £7 10s to £ll.

TIMARU MARKETS. The Canterbury Farmers' Association , Limited, report as follows for the week ending Friday, November 3rd, 1893 : Wheat—The market continues quiet, nor is there any new phase to notice. Holders ate not willing to do business at present rates, preferring to wait for some improvement. Velvet, 2s Gd to 2s 7d; tuscan, Vs od to 2s 6d; red chaff, 2d 4d to 2s 4£d, on trucks Timaru. Oats —The inquiries locally for feeding lines shew that stocks are of very small dimensions, so that a slight increase on late rates is noticeable to induce business. Milling, 2s Id to 2s 2d ; short feed, 2s to 2s Id; danish, Is lid to 2s ; inferior feed, Is lOd, f.o.b.

CHEIBTCHURCH STOCK MARKET. At the Addington Yards on Wednesday a good deal of busiuess was done, though in most cases a reduction in valuoe had to be submitted to.

Store. Sheep—The entry of store sheep was about 2000, but in spite of the fact, that feed is plentiful, business dragged, and a large number did not chaugn hands. Fat Sheep—Between 5000 and 6000 fat sheep were yarded, the quality being from fair to medium, and a number of shorn sheep being included. Crossbred wethers fetched 12s 3d to 20s, ewes 12s 8d to 19s, mixed sexes 12s 9<i to wethers and maiden ewes, 17e fid to 21s Gd, hoggets 18s 6d to 21s Bd, shorn crossbred wethere 12s Id to 178 Qd f ewes 9s 9d to 15s lid, half b/ed wethers 18s to 22s 3d, mixed sexes, 15s to 18a 4d ; mixed wethers and maiden ewes 18s, shorn eyes 13s 9d to 14s, merino wethers 7s 6d to 17s 4d, ewes 8s 2d to lis. Fat Lambs—About 800 fat lambs were entered, and the majority changed hands gJt 5s to 13s. Fat Cattle—l 77 head of fat cattle were yarded. Prices for all kinds were considerably easier than of late. Steers fetched £7 5s to £9 15s, heifers £5 5s to £9, cows £5 to £7 l2d fid. Store Cattle—There wm only a medium entry of store cattle, and as owners were inclined to accept current values, jthe volume of business was greater than for some time past. Pigs—There was a large entry of pigs, consisting chiefly of good baconers and porkers, which met with an improved market, owing to the competition of two North Island buyers.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday : Wheat —Prime quality saleable at 2s 9d to 2slod; medium, 2s 4d to 23 Bd. Fowls' wheat, good whole grain, 2s 7d to 2s 8d —iu good demand. Prices are keeping low. Oats—Good milling and prime feed, up to 2s. Potatoes —Prices range from £0 and are scarce. Ne# potatoes 2£d per lb. Pigs Have inquiry, 3d to 3|d for suitable sizes and quality. Bacon, G£d ; hams, B|d. Uiaff has demand, prime £3 15s; good, 4.0 s to 55r(. Cheese—ln better deniaud,fs£fcoiy,4±d to sd. Honey—From 3£d to 4jd. Grass Seeds—Ryegrass, 2s Gd to 3s ; machined from 3s Dd to 4s Gd; cocksfoot, 3Jd to sd. Onions—£l2.

Sheepskins—At auction on Tuesday well-saved crossbreds and halfbreds were iu greatest demand, and realised as high as the equivalent of per lb. Quotations : Butchers' best crossbreds, 5s 3d to Ga; medium to good, 4s 3d to ss; butchers' moiinos, 3s to 4s 2d ; dry crossbreds, (inferior to medium), Is Gd to 3s ; do do merinos, Is 4d to 2s ; full-woolled crossbreds (best), 5s to 5s 9d ; medium to good, 3s 5d to 4s 9d; full-woolled merinos (best) 3s 6d to 4s 9d ; medium to good, 2s 3d to 3s 4d ; dry pelts, 2d to Is 4d ; "ambs, §d to Xs,

Hides—Quotations: For heavy and selected lots, 2jd to 2§d; medium weights, (in good order), l£d to 2d; inferior and light weights, Id to ljd ; green ox hides, 15s to 20s; do cow do, 7b 6d to 10s. Tallow This market is very firm. Quotations : Best rendered mutton, 21s 6d to 22s 6d; medium to good, 18s 6d to 20s 6d; inferior 14s 6d to 17s 6d. Rough fat is also in good request, and freely taken up at the following prices—say, for best fresh caul, 14s to 14s 6d ; medium to good, 12s 6d to 13s 9d; iuferior to medium, lid to 12s 3d per cwt.

DUNEDIN STOCK MARKETS.

At the Burnside Market on Wednesday the following business was transacted : Fat Cattle—l6o head yarded, out of which not more than 30 head were of prime quality. Prices were very firm at last week's quotations, but there was no advance. The feature of the sale was the two magnificent drafts of fat cattle sent forward by Mr Andrew Hill, of Owaka, and Mr J. M. Greenaway of Bangitata, both of which lots were prime enough for any show ring. Best bullocks brought from £lO 10s to £ll 15s; good do. from £8 10s to £lO ; light do. from £6 to £7 10a ; best cows, from £8 to £9 17s 6d ; ordinary do. £6 10s to £7 15s; small do, from £4 10s to £6.—Mr Greeuaway's lot of 5 sold at from £lll7s 6d to £lol2s 6d.

Fat Sheep—Only 1426 were penned, and of these 170 were merinos. Prime crossbred wethers (extra heavy weights) brought from 20s to 235; prime do (ordinary weights), 17s to 19s; medium do, 16s to 17s; light do, 14s to 15s. Prime crossbred ewes brought from 16a 6d to 18s; medium do, 15s to 16s ; light do, 12s to 14s ; merino wethers (no prime sheep forward), from 10s to 12s 6d. Fat Lambs—33o penned. The range was from 6s 6d to lis 3d, and the latter price was only paid for one exceptionally prime draft, the average for the day being probably not more than 8s to 8a 6d. Pigs ditioned bacon pigs could scarcely be given away, and for ordinary weights not more than the equivalent of about 3d per lb was paid. Porkers and stores were difficult to place, and a reduction of last week's quotations of fully 5s per head liad I to be submitted to.

AUSTRALIAN MARKETS.

Sydney, November 3. The wool difficulty was amicably BeUled at au iaformal conference this nioruiug. The concessions by the sellers were accepted by the buyers. The sales bogin on Monday next, and 12,00 j bales will be offered daily in order to reduce the accumulated stock. The wools this season are of exceptionally fine quality and one feature of the trade is the increased demand from Canada and Japan. Mfii.Botr.iiNE, November 1. Wheat, prime, 2s iOJd. Flour, roller-made, £7 ss. Oats, Algerian, Is lid; tartarian, 2s; stout whites, 2s Id. Maize, 2s lUd. Barley, Cape, 2s 3d. Bran, 6gd. Potatoes are easier at £7 10s to £B. Onions have advanced to £9, owing to large shipments to Sydney. At the wool sales yesterday there was a good attendance and spirited competition. Greasy crossbred sold up to 83d. The Agricultural Department intend to despatch Mr Wilson, dairy expert, to ludia, with aview to establishing an export trade in butter. At the first meeting of the National Bank of Australasia since its reconstruction a dividend of 5 per cent, for the year to preferential shareholders was declared. Adelaide, November 1. Wheat is easy at 2s lOd. Flour, roller, £7 5s to £7 10s. Bran, 7id; Bollard, 7id. Brisbane, Nov. 1. Tenders for £75,000 worth of 5 per cent, municipal debentures have been opened. Only £3OOO was subscribed, all at par. It has been decided to leave the balance open till the end of the year.

MONETARY AND COMMERCIAL.

London, November 3, New Zealand stocks are unaltered. Mutton, first quality, 3|d; second quality, 3£d; lambs, first quality, 3|d. Hemp is unaltered. New Zealand long-berried wheat, exwarehouse, 295-fid, market steady ; South Australian wheat, do, 30s, firm ; Victorian do, 29s fid, firm,. The American visible wheat supply is estimated at 83,300,000 bushels. A cargo of wheat by the barque Lough Neagh, from Lyttelton, sold at 25s fid. Nov. 4. Mr Lawes estlmfttgs the wheat crop of the United Kingdom »t a trifle under 5,500,000 quarters, and the total requirements at 29,000,000 quarters.