COMMERCIAL.

Temuka Leader, Issue 2649, 21 April 1894, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKET. At the Addington Yards on Wednesday there were fair entries in all classes, but business throughout was dull. Fat Cattle—23o head of fat cattle were yarded. The entry included a few good bullocks, but the bulk were inferior cows. Soles were made with difficulty, and prices dropped Is to 2s per 1001 b. Prime bullocks fetched £8 to £lolos, steers £5 to £8 2s Gd, heifers £4 2s Gd to £7 10s, cows £4 10s to £G 10s. About 80 dairy cattle wore yarded, the bulk medium aud inferior. Prices were from £4 2s Gd to £9 15s. Store Cattle There was a medium entry of store cattle, including some very good yearlings and two-year-old cattle, but there was little demand. Springers fetched £4 10s to £O, dry cows £2 to £5, two and throe year-old steers £4 to £5, cigliteou-mouths-old cattle £2 10s to £3 2s Gd, yearlings £1 10s to £2 15s. Fat Sheep—There was a fair entry of fat sheep, the bulk of which wore crossbred owes. Tho bidding was decidedly slack, and there was a further drop in prices. Crossbred prime heavy weights —l2s to losj secoudary 9$ to lls, beat

crossbred ewes 10s to lls 6d, secondary 6s to 9s, best merino wethers 7s to 9s 6d, secondary 5s to 7s 6d, merino ewes 2s lOd to 65.6 d.

Fat Lambs—About 700 fat lambs met with a poor demand. Prime—7s 6d to 10s Bd, secondary 5s 6d to 6s 6d. Store Sheep—There was a large entry of store sheep, but the quality on the whole was poor, and little business was done. Forward turnipers—los to lls, secondary 6s 6d to 10s, good crossbred breeding ewes 8s 3d to 12s Id, aged 3s to 5s 6d, crossbred lambs 3s 6d to 7s 6d, sound mouth merino ewes 2s 6d, culls Is to Is 9d. Pigs—A large entry of pigs sold at the following prices :—Heavy baconers 40s to 50s, light 35s to 40s, porkers 20s to 255, stores 8s to 20s. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Prime tuscan up to 2s lOd; pearl velvet, 2s 9d; really extra-hard, good old wheat is saleable up to 2s lid; medium to good qualities, 2s 7d to 2s Bjd; fowls’ wheat wanted, 2s 3d to 2s sd. Good to prime samples find buyers at quotations. Oats —The demand off trucks is fairly good,but only miserable prices are offering. Prime milling and feed from Is 5d to Is 6d; medium to good. Is 4d to Is sd. . Barley—Cape, 2s 4d to 2s 6d; chevalier, 3s 3d to 3s 9d. Potatoes —Derwents at from £3 to £3 ss. Chaff—Good prime well-cut oaten sheaf, £2 ss; other qualities from 30s. Pigs—Prime quality and suitable sizes, would sell readily at 4£d to 4jd. Salt Butter—Prime lots, fresh, 5d to 6d per lb, cases in and extra. Cheese—Prime factory (medium sizes), 4|d; loaf, 5 d per lb; Akaroa (large sizes), 4Jd to 4Jd; loaf, 4Jd. Bacon —7 id for rolls; hams, 8d to B£d. Onions —7s 6d per cwt. Honey—(Extracted), 3fd to 4|d. Ryegrass—For farmers’ best dressed 2s 6d to 2a 8d; extra good, 2s 9d ; medium, to good, Is 8d to 2s 4d; machine-dressed, 3s 3d to 4s 3d. Cocksfoot From 4Jd to sid f.o.b. Lyttelton. The demand is very good and active. Sheepskins—Quotations : Green crossbreds, 2s 3d to 3s 4d; do merinos, Is 4d to la 9d; do lambs, 2s 2d to 3s; dry crossbreds (full-woolled), 3s 6d to 5s 6d ; do (half-woolled), 2s to 2s lOd; do pelts, 6d to Is 3d; do merino (full-woolled), 2s 9d to 3s lOd; do (half-woolled), Is 9d to 2s 4d ; do pelts, 3d to 9d. Hides—There is no change to report. AU coming forward are taken up at last week’s quotations. Extra prime heavy ox, 3d per lb; medium do, 2d to 2£d do ; light do, lid to to l|d do; inferior do, Id to lid do.

Tallow—There is a slight decline in the market, but the fall is so trifling as to be hardly worth chronicling. Quotations: Prime tallow, 20s to 20s 6d per cwt; medium do, 16s 6d to 18s fid do ; inferior do, 14s 6d to 16s do ; cauls, 12s to 13s 6d do; rough fat, 10s to 12s.

DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted : Fat Cattle sale was, on the whole, fairly satisfactory. Prices, however, were in favor of the trade to the extent of 2s 6d per 1001 b on recent values. A considerable proportion of the half and three-parts fat cattle were taken up by graziers, aud this tended to regulate prices somewhat. Prime bullocks brought from £9 to £1010s; ordinary do, £8 to £Blss; medium, £6los to £7 10s; small, £5 to £6; prime cows, £7 to £Blss; ordinary do £5 10s to £6 15s; aged and inferior; £3 to £4 10s. Fat Sheep—3lß9 fat sheep were penned, of which 300 were merino wethers. With the assistance of a demand for export all good quality mutton met a fair sale, but poor was difficult to quit. Best crossbred wethers brought 13s 3d to 14s 6d, one or two extra heavy pans 14s ,9d to 16s, medium lls 3d to 13a, best ewes 12s to 13s, inferior to medium 6s 9d to 10s, m j*ino wethers (majority inferior) 3s to Fat Lambs—2ss penned. The was very slack, and prices much xu. _ a ’ or of buyers. Pigs—B3 were penned, all small sorts ; no porkers or baconers to hand. The demand was not by any means brisk, and prices were lower. Suckers brought fis 6d to 12s; slips, 14a to 18s; stores, 19s to 20s.

AUSTRALIAN MARKETS. Sydney, April 18. Wheat, chick, 2s 2d to 2s 3d. Flour, roller-made, £7 10s to £B. Oats, quiet, heavy feeding, 2s 2d; seed, 2s 7d. Maize, prime, 2s 2d. Barley, Cape, 2s lid to 3s. Bran, 8d; pollard, 7jd. Peas, Prussian blue, 2s 9d to 3s 6d. Potatoes, local grown, £2 5s to £2 10s; Circular Head, £3 ss. Onions, £7. Butter, dairy-made, fid to 7d ; factorymade, 7d to Bd. Cheese, 3£d. Bacon, 6|d. Melbourne, April 18. Wheat, 2s 4jd; New Zealand white tuscan sold at 2s fid. Flour, roller-made, £5 17s Gd. Oats, Danish, Is 9d ; stout, Is lOd ; Tartarian seed, 2s. Barley, Cape, 2s 5 .jid. Potatoes, £2 7s fid to £2 10s. The Government aud the mail companies have effected a compromise on the question of freights for the conveyance of produce, which have been reduced by seven-eights of a penny. The Government renew the mail contracts for two years, aud the companies undertake to place an additional vessel in the trade if it is proved that a weekly vessel is not sufficient. The reduction in the freight makes a difference of £15,000 in favor of shippers. Adelaide, April 18. Wheat, 2s 4id. Flour, roller-made, £G 2s Gd. Barley, malting, 4s 8d to 4s lOd. Bran, B]d; pollard, 9d. Horart, April 19. J. B. Davies, an accountant, has filed a declaration of insolvency. His liabilities are set down at £503,000, and his assets at £BO,OOO. The amount of loans received by the bankrupt in two years is stated to bo £016,000. MONETARY AND COMMERCIAL. London, April 17. The House of Lords will provide the Select Committee which is to be set up to inquire into the importation of dairy produce. The Bill which the Government propose to introduce dealing with the matter will confer the same powers on the Board of Agriculture with respect to tho false marking of meat as is possessed by tho Board of Trade under tho Merchandise Marks Act. At a meeting of consignees and salesmeu held for the purpose of discussing

the method of supporting the values for frozen mutton, Mr Montague Nelson suggested the fixing of the minimum weekly selling price, which salesmen should be bound to adhere to. He proposed that 2s lid per stone for prime New Zealand, and 2s 8d for ordinary New Zealand, should be the prices fixed for the current week. The agent of the New Zealand Loan and Mercantile Agency Company remarked that similar proposals in 1887 had failed for want of unanimity. The meeting adjourned till the 23rd inst. in order that others interested in the trade may be consulted. It has been decided to raise freights to the colonies 2s fid all round. The new rates come into operation on the Ist May, The American visible wheat supply is estimated at 84,900,000 bushels. April 18.

The quantity of wool that has arrived up to date is 404,000 bales. The list has closed for the next series. 86,000 bales have been sent forward direct to the manufacturing districts since last sales, 390,000 bales will be available at the coming auctions. The quantity of wheat and flour afloat for the United Kingdom is 3,536,000 quarters, and for the Continent 1,264,000 quarters. April 19.

The shipment of black ducxs by the Cuzco are bringing 1s 9d each; teal, 9d; rabbits Is to Is 2d, although a few of the latter are realising only 9d. Washington, April 18.

The motion by Senator Lodge, to impose retaliatory duties on British aud Australian goods until Great Britain agrees to extend the coinage aud use of silver, refers to all the colonies. He proposes tint the colonies tied to Great Britain should pay double the duties charged to other countries, where goods are included in the free list. His proposals include the imposition of 35 per cent, ad valorem duty, and he adheres to the wool tariff of 1890.

Licensing Election Case,— The Invercargill licensing election petition enquiry was continued on Thursday, and the petitioners’ case closed. There is nothing extraordinary in the evidence given, and counsel for the respondents admit that there were irregularities of a minor character, due to the fact that it was the first election of the kind, and that an under estimate of the necessities of the work involved had been made. The enquiry was resumed yesterday.