COMMERCIAL.

Temuka Leader, Issue 2585, 23 November 1893, Page 4

COMMERCIAL.

DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted : Fat Cattle—l 34 head were yarded. The demand was scarcely as bri*k as last week, and prices, excepting for a few pens at the last of the sale, were a shade lower than at last week's sales. Extra prime bullocks sold at £l2 to £l3; good, £lO 5s to £ll 10s; medium, £7 15s to £9 15s; small, £6 to £7 ss; cows and heifers, £3 10s to £lO 17s 6d. Fat Sheep—Only 1366 penned —all crossbreds. There were several lines of shorn sheep forward this week, and of both shorn and woolly sheep there were some splendid lines. Prices in the earlier part of the sale showed a decided improvement, although towards the close they fell to about last week's rates. Crossbred wethers (in tho wool) sold at 14s 6d to 18s 9d j crossbred wefchera (shorn), 10s 6d. to 12s 6d ; crossbred ewes (in the wool), 14s 6d to 20s 3d ; crossbred ewes (shorn), 10s to 15s 3d. Fat Lambs—2s7 penned. Prices ruled quite up to last week's. Best sold at lis 3d to 12s; medium, 10s to 10s 9d ; small, 93 to 9s 9d. piga—l24 penned. Suckers, slip 3, and stores met a brisk sale, but porkers and baconers were almost unsaleable. Stickers sosd at 10s to 13s 6d; slips, 14s 6d to 16s; stores, 18s to 30s; porkers, 27s to 28s 6d ; baconers, 30s to «2s; extra heavy up to 575.

MONETARY AND COMMERCIAL. London, November 19. Tallow, medium mutton, 27s 3d; beaf, 26s 9d. The English wheat market is lifeless, the Continental dull, aiid the American depressed. The Kaikoura's faetOTJ-niade butter is realising 1225. The P. and 0. Company have decked a further dividend of 6£ per cent, on deferred stock. The brokers have fixed the standard price for factory butter at 134 s per cwt. They will meet every week to arrange prices. Mr Black, the Queensland meat-agent, i-enprts that the chief demand in Germany js for -y.e.aj. #nd beef. The Stajidar.d .advises the two Batik of England director* J&enjtjoned in connection with reports as to improper advances of the banks' funds not to resign.. Melbourne, Nov, IT. There is keen competition at the wool sales, prices being firm at the best rates (j'fefoMJjed during the season. Nov. 18. The hearing of ifee petition to wind up the Loan and Mercantile was further adjourned to February Ist. ' Nov. 20. The largfißl /shipment of butter that has every left the monj i« «"° vessel was despatched by the ftMJjft. It consisted of 585 tons. Brisbane, Nov. 20. It is estimated that the sVh'jat yield this senao?i will be the largeat in the history of the colony, Sydney, Nov. 18. Considerable sums wero added this week to the fresh capital of the Bank of New South Wales, bringing the total amount subscribed to £450,000. The fact that a large portion of this money is British, together with the recovery of colonial bank shares, is taken as evidence of the turn in public feeling in Australia. Nov. 21. The Berrigan Farmers' Union carried a motion, declaring that the duties imposed for the purpose of encouraging wheatgrowing had failed in their object, and that the Farmers' Unions throughout the colony should be coiumunicatod with as to the advisable cess of sweeping thoip, away.

There is expected to be a stroDg agitation in the country for the return of the freetrade policy. A report has been issued by the Agricultural Department, dealing with the wheat crop of tho colony for the season 1893-1894. The area under wheat is 530,000 acres, an increase of 77,000 over last year. The general appearance of the crop does not favor expectations of more than the usual average yield, but tne present time is too early to pronounce an opinion.