COMMERCIAL.

Temuka Leader, Issue 2601, 30 December 1893, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKET.

At the Addington Yards on Wednesday entries were in excess of the requirements of local traders, and business was of the most meagre description. Store Sheep—About 1500 stores were yarded, but as there was practically no demand, very little business was done A few two-tooth crossbreds changed hands at from 8s 6d to 11s 3d, and some crossbred ewes and lambs at 6s, all counted.

Pat Sheep—The supply of fat sheep was limited to about 1800, mostly old ewes. There was nothing of freezing quality in the market, and, as local requirements were small, those that changed hands did so at a further reduction on last week’s rates, except in the case of one or two picked lots. Crossbred wethers fetched 10s to 13s, ewes 8s to 10s 6d, mixed wethers and maiden ewes 11s 4d to 12s 4d, half bred wethers 6a to Ils 7d, merino, wethers 5s 5d to 7s lOd, ewes 4s. One pen of Hampshire Down wethers brought 21s 6d, Pat Lambs—About 500 fat laihbs sold at prices ranging from 6s to 11s lid. Fat Cattle—Only 20 head of fat cattle were yarded, and there was considerable difficulty in placing this small number. Steers fetched £7 5s to £7 15s, cows £5 10s to £8 ss. Store Cattle—About 30 head store cattle came forward, and met with a poor demand.

Pigs —Only 10 pens came forward. The demand was keen, some baconers reaching as high as 5d per lb.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday Wheat—Prime milling, 2s 9d to 2slod; medium quality, 2s 7d to 2s Bd. Fowls’ wheat, 2s 6d to 2s Bd. Demand quiet; prices low. Oats—A small inquiry for local consumption ; very little doing in shipping. Prime feed and milling, 2s; other qualities, Is lOd to Is lid. Potatoes New kidneys, £7 10s for local; £6 for Oaraaru. Chaff —Prime quality, £3 12s 6d to £3 15s; good to medium, £3 5s to £3. Salt Butter—7d per lb, prime quality, packages Is each. Cheese Prime factory, 4f dtosd ; Akaroa, 4fd. Grass Seeds—Ryegrass, 2s 6d to 3s; machined from 3s to 4s; cocksfoot, 3£d to sd.

Hides—There is no change to report in hides, which continues firm for good heavy ox; but other classes, which are in excess of the demand, are only saleable at comparatively low prices. Quotations are Prime heavy, 2Jd to 3d per lb; medium, 2d to IJd; light, l£d to Ifd; inferior, slippy, and bulls’, Id to l£d. Tallow—For all arriving, which is not a large quantity, there is a ready sale, both mixed rendered and rough fat being in brisk request. Quotations are : Prime rendered, 20s to 21s 6d per cwt; mixed, 16a to 19s; inferior, 14s 6d to 15s 6d; rough fat, 10s to 14s 6d.

DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted i Fat Cattle-—Only 88 head yarded. This number, however, proved quite sufficient for the requirements of the trade, several of whom had purchased privately and held supplies since last week, and therefore did not require any. Bidding was slow all through the sale, and prices were, if anything, lower than those obtained last week. Best bullocks sold at £9 to £9l7s6dj medium, £7 6s to £8 16b j light, £5 15a to £0 Ids J sows and heifers, £3loa to £lO 2s 6d> Fat Sheep-“Ouly 743 wore penned--all crossbreds, and all shorn with the exception of two or three pens. There was only a moderate attendance of the trade, and a dragging sale all through, prices showing no improvement on those of last week. Crossbreds in the Wool Bold at from 13s Od to 15s 5 do wethers (shorn), 10s Od to 14s 9d 1 do ewes, 8a to IBs 3d.

Fat Lambs—“ll27 were penned. Several pens were extra prime. There was only a moderate demand, and prices were from is Od to 2s lower than last Week. Best sold at 10b to lls 3d, medium at 7s 9d to 9a 9d, small at 5s 6d to 7s. Pigs—3l penned, consisting of suckers, porkers, and a few bacouers. Except for slips and suckers, for which there was a good demand, prices Were not very satisfactory. Suckers sold at to 1 Gs; porkers, 25s to 30s; baconers, to 42s 6d.

MONETARY AND COMMERCIAL. London, December 20. Mr Stewart estimates the gross liabilities of the New Zealand Loan and Mo; can tile Agency at £5,440,000, of which it is expected that £2,250,000 will rank. The total assets amount to £4,494,000, from which la deducted a sum of £1370,000 for the debenture holders’ claims, leaving£3,l23,ooo to meet the £2.230,000 01 liabilities which are expected to rank, thus giving a surplus of £873,000. ( Wash ik or on, Dec. 23, Dr,Roinvick had-an interview with Mr Gresham, Secretary of State for the United States, at which matters affecting the commerce of the United States and Australia were dismissed.

, . Svdnbv, December 27. Uwing to the holiday i no, business Was transacted nt the various markets. ■ The wool market is very firm. Greasy crossbreds, 6jd to IQd; scoured fleeces, 3d to Is 2d.

m, Auckland, December 27. ihe general manager of the New Zean Loan and Mercantile has received a Ca n 6 wu m le Official Receiver has January Statutory meetin g for the 9th