COMMERCIAL.

Temuka Leader, Issue 2625, 24 February 1894, Page 4

COMMERCIAL.

CHRISTCHUBOH STOCK MARKET;

At the Addington Yards on Wednesday there was a good attendance, and the entries, especially in the sheep classes, Were extremely good. Store Sheep—Between 5000 and 6000 store sheep were yarded. Business showed a decided improvement and nearly all useful sorts sold at an advanoe on late rates, but inferior were not wanted. Two-tooth mixed crossbreds were sold at 10s to 12s 3d, and crossbred lambs 7s to 9s 6d. Fat Sheep—ln fat sheep about 4000 were entered. The quality was fairly even and the Bale opened well, but was concluded at such a late hour that prices suffered towards the close. Crossbreds best wethers Bold at 14s to 15s 9d, secondary 10s 6d to 13s, ewes lis to 14a 9d, secondary 9s to 10s 9d, merinos best wethers 8s to 9tf 9d, secondary 6s to 7s 6d, ewes 5s to 6s. Fat Lambs—ln fat lambs the week'B supply consisted of about 1600, a fair proportion fit for freezing. These were taken for export at about late rates. Inferior sorts were not bo much sought after. Prime brought lis to 13s, and secondary 8s to 9b 6d.

Fat Cattle—lso head of fat cattle were yarded, mainly cow and heifer beef, with a few handy weight steers, b teero brought £6 17s 6d to £9, heifers £5 2s 6d to £8 lis, cows £5 to £9. Store Cattle—ln store cattle there was a fair yarding, and some well grown young stock met with a good demand. Weaners and yearlings were sold at 15s to 355, 18 months to two-year-olds £2 to £4los, dry cows £2 10s to £5 ss, good dairy cows £6 to £9 15a, inferior £3 10s to £5 10s. pigs—About 200 pigs came forward and met with a fina market. Baconers sold at 32b 6d to 60s, porkers 26s to 365, stores 12s to 21s.

DUNEDIN PRODUCE MARKETS.

The following is the report for the week ending Wednesday : Wheat —Prime tuscan up to 2s lOd; pearl velvet, 2s 9d ; medium to good qualities, 2b 7d to 2s BJd; fowls' wheat wanted, 2s 6d to 2s 7d. Nothing new to report on this line. All go d to prime samples will find buyers at quotations. Oats —All offering are easily placed at for good milling aud prime short feed, Is 13 to 2s ; medium to good, Is lOd to Is lid; inferior, Is 8d tola 9d. Barley—There is no business doing in thiß line at present. We believe the market will be high and firm when open» iug. Potatoes—Supplies larger than for Boine time past; Best kidneys, £3 159; medium to good, £3 to £3 15a ; derwentß have not much inquiry yet, £3los to £4. Chaff—Good prime well-cut oaten sheaf, £4 2s 6d to £4 5s is obtainable; medium to good, £3 to £3 17s 6d. Pigs—Prime quality and suitable siaes, Would sell readily at 4d to 4jd. Salt Butter—No demand for shipment, and local sales very small. Good quality, 6d to 6£d. Cheese—Prime factory (medium sizes), 4|d ; loaf, 56 per lb; Akaroa (large sizes), 4±d to 4jd; loaf, 4|d. Bacon—Scarce, 6|d to 7fd for rolls; hams, Sdfco B|d. Onions,-8s 6d per cwt. Honey—(Extracted), 3Jd to 4£d. Ryegrass—Samples of the new season's are now offering, and find buyers at the following prices:—For farmers' best dressed, 2b 6d to 2s 8d; extra good, 2s 9d ; medium to good, la 8d to 2s 4d; machinedressed, 3s 3d to 4s 3d. Cocksfoot—4d to 4 Jd.

Sheepskins —At the weekly sale on Tuesday country dry crossbreds, inferior to medium, brought Is lOd to 3s 2d; do do merino, 1b 7d to 2s Id; medium to full-woolled crossbreds, 3s 3d to 4s 9d ; best, 5s to 63 6d; extra heavy, 5s 9d to 6s; full-woolled merinos—good, 2a '3d to 3s 8d; best, 3s 9d to 4s 8d; dry pelts, 2d to Is sd; green crossbred pelts—best, Is 6d to Is lOd ; extra prime, Is lid to 2a; medium to good, Is 4d to Is 6d; green lambskins—best, 2s Id to 2s 4d; medium to good, Is 6d to Is lid each. Hides—The demand for these is steady at late quotations. Best well-saved salted ox hides, 601 b and over, 2Jd to 3d; medium, ljd to 2d;" inferior and Jight,ld to l|d per lb. Tallow—A Bteady demand exists. Quotations for best rendered mutton, 21s to 22s 6d $ medium to good, 18s 6d to 20s 6d; inferior, Hs to 17s 6di best fresh mutton caul fat, 14s to 14a 6d; medium to good, 128 6d to 18s 9dj inferior to medium, lis to 12s 3d per cwt.

DUNBDtN STOCK MARKETS.

At the Burnside Market on Wednesday the following business was transacted : Fat Cattle—Only 73 were yarded. The supply, although small, was almost enough to meet the demand. Prices werej however, 20s to 30s a head dearer than at last week's sale. Bullocks sold at £6 10s to £lO 53, cows at £4 15s to £9 10s.

Fat Sheep— l'iQ merino wethers and 1941 crossbreds yarded. Wethers, if suitable for the 'freezing chamber, brought full prices, but ewes were dull of sale, with a reduction in values of Is to Is 6d, possibly due to the meagre attendance. Some 750 sheep were turned oat unsold. Best wethers s >ld at 13s 9d to 15s ; other do, stores aud upwards, 10s to 13s 6d; best ewes, lis to 14s ; otherb, 8s 6d to 10s 9d ; merino wethers, 5s to 8s Od Fat Lambs—ssl yarded. Best brought 9s to 10s 9d, others 4s to 5s Gd. Pigs—73 in the bulk—suckers with a few porkers. Some good prices were going for all in, and all were readily disposed of,

DUNEDIN WOOL SALE

The fourth wool 3alo of the season was held on Thursday. Buyers were scarcely so nnuierous as at the previous sales. For all nicely grown halfbreds and crossbred wools there was a good demand, aud f.iir competition up to market v.tlnes. The demand for merino was not active, and prices suffered to the extent of id to £d per lb, the result of a considerable quantity being faulty in character owing to the wet season and lateucss of shearing. Wi'h that exception prices may bo quoted as on a par with the last sales.

AUKffIAWAR MARKETS.

Sydney, Fobiuary 21. Wheat, chick, 2s 9d to 2s lOd; milling, new, 2a lid. Jblour, roller-made, £8 5.5 to £8 10-). Oats, dull, prime, 2s 7d. Maize, prii:;o new, 2s (id. Barley, Cape, firm, 3s. Bran, linn, 7d; pollard, B*d. Peas, Prussian blue, 4s yj. Potatoes, locally grown £*.} to £'6 13a ; Circular Head, £4 5s to £4 10a. Unioii«, £5 ss. Butter, daily-made, Od to 7d ; factorymade, 7d to Bd. Cheese, prime loaf, 3Jd. jjftcon, prime 5Jd,

Melbourne, February 21. Wheat, prime, 2s 3Jd to 2s 4d. Flour, roller-made, £6 2s 6d to £6 10s. Oats, Algerian, Is 6d; stout white, 1b lOd to Is lid. Maize, 2s 6d. Bran, 6d; pollard, 6Jd. Potatoes, £2 7s 6d to £2 12s 6d. Onions, £4. Feb. 22. The Government have decided to offer a bonus of £2 a ton for the first 500 tons of beet BUgar produoed in the colony. Mr Fraser, a member of the Victorian Parliament, who has returned from a visit to New Zealand, was interviewed on the subject of the frozen meat trade, He said that he thought the prices paid to growers of sheep in that colony were too high. In that would be Victoria's opportunity, as she could produce meat cheaper than anyone. He admitted that New Zealand sheep were at present superior, but Victorii would soon breed the right class, and New Zealand's competition would bo as nothing when they considered the prico at which Victoria would be able to prod ace. He said that a trip through New Zealand just now was a liberal education to a Victorian. Adelaide, February 21. Wheat, 2s 4d Bran, 8d; pollard, Bsd. Barley, malting, 4s 7d to 4s Bd.

MONETARY AND COMMEKCIAL.

London, February 20.

At a meeting of unsecured creditors of the New Zealand Loan aud Mercantile Agency Company, Mr Stewart, Official Receiver, stated that he was inquiring into the transactions between the company, Mr Thomas Russell, aud the New Zealand Land Association. Sir Jamos Ferguson said the directors courted the fullest enquiry, but in view of the recent criticisms they were not desirous of being re-elected to office. The holders of the 1892 debentures have approved of the reconstruction scheme. The contributors have also adopted the scheme, though they object to the advent of the creditors' committee to the directorate, and passed a resolution expressing confidence in the

present board. Feb. 21. The total quantity of wheat and flour afloat for the United Kingdom is 2,836,000 quarters, and for the Continent 872,000 quarters. Wheat shows a decline of 6d per quarter this week. Six thousand quarters of Australian wheat forpromptdelivery,and 7000 quarters to arrive in February aud March, have been sold at 25s 6d. The New Zealaud Trust and Loan 5 per ceat. debentures, are quoted at £23. Pabis, Feb. 21.

The Customs Committee of the Chamber of Deputies hive accepted the offer of the Government to impose a duty of 7 fran os ouwh^at.