COMMERCIAL.

Temuka Leader, Issue 2670, 9 June 1894, Page 4

COMMERCIAL.

CHRISTCHURCH MARKETS.

The New Zealand Farmers' Co-opera-tive Association of Canterbury, Limited, report for the week ending June Bth, 1894, as follows : A fair volume of busiuess has been passing in grain and produce, but the quantity on offer is much below the average at this season. Despite the cabled reports of a decline in wheat in Australia local markets show firmness, and close against buyera. Holders of stored parcels are not induced to realise, and deliveries direct are on a very limited scale. Pearl and velvet are extremely scarce, and command top prices. Oats are firmer for medium descriptions required for export coastwise. Beans and peas show no improvement, and are without competition. Both ryegrass and cocksfoot find speculative enquiry. Clover seed is in full supply. Potatoes are again easier, although the recent rains preventing deliveries caused full prices to be paid for ready lots. Dairy produce is firm. Bacon and hams of new cure are now coming forward and to a bare market. Present quotations, f.o.b. Lyttelton, sacks extra: —

Wheat—New crop, pearl or velvet, 2s 6d; tuscan, 2s sd; hunters, 2b 4d; old, 2d per bushel extra. Oats—Milling Canadians, Is 7d ; short feed, Is 6d; duns, Is 6d; Danish, Is 4d to Is sd.

Barley—Prime malting, 3s 8d to 4a; medium, 3s to 3s 6d; inferior, 2s to 2s Bd. Peas—Blue, 2s 6d; partridge, 2s 6d. Beans, 2s sd. Potatoes —25 s 26s at country stations; kidneys, 60s to 80s. Byegrass—Old pasture,machine dressed, 4s 3d; ordinary, 3s 9d to 4s; farmers' samples, 2s 6d to 3s. ' r Cocksfoot—lsft>per bushel,4Jd; lighter, 3d to 4d.

Red Clover and Cowgrass, od to 6d. Cheese—Large, 4d; loaf, 4|d. Butter -Prime fresh, 8d to 9d; salt, 6d to 7d. Bacon and Hams, Bd. Oaten Sheaf Chaff, 62s 6d, f.0.b., sacks included. CHRISTOHURCH STOCK MARKET. At the Addington Yards on Wednesday there was a large attendance, but business was not animated. Fat Cattle—A good entry of fat cattle met with a somewhat sluggish enquiry. Prices Bhow no alteration. Beef sold at 19s to 21s per 1001 b; steers at £6 7s 6d to £7 15s, heifers £5 to £8 7s 6d, cows £4 10a 6d to £B. Store Cattle—ln store cattle very few were yarded. The entry included a few nice young cattle, but the business done was of a most meagre description. Springers sold at £3 10s to £lO, dry cows £2 to £5, two 3-year-old steers £4 to £5,18-months-old cattle £2 10s to £3 2s 6d, yearlings £1 10s to £2 15s.

Fat Sheep—A fairly heavy entry of fat sheep included a larger proportion than usual of really prime wethers, and there was some very prime ewe mutton. The demand for second class end inferior was not equal to supply, and these qualities suffered a decline, but prime freezers and heavy weights held their own. Prime mutton sold at 2d per lb ; crossbred prime heavy weights 14s to 15s 6d, secondary 9s to 13b, best crossbred ewes 12s to 14s, secondary 6s to 10s, best merino wethers 7s to Bd, secondary 5s to 6s 6d, merino ewes 4s to 6s.

Store Sheep—ln Btore sheep a large yarding met little or no demand, except for forward crossbred lambs, which sold at about late rates. Forward turnipers were quitted at 10s to lis 4d, secondary 6s 6d to 10s, good crossbred breeding ewes 8s 3d to 12s, aged 3s to 5s 6d, crossbred lambs 3a 6d to 7s 6d, sound mouth merino ewes 2s 9d, culls Is to Is 9d. Pigs—An unusually large number of pigß came forward, and although several buyers for export were operating,',busineas was not lively, and a slight fall was recorded. Baconers and porkers sold at prices equal to 3|d to 3Jd per lb. DUNEDIN PRODUCE MARKETS. Tho following is the report for the week ending Wednesday : Wheat—Prime milling, 2s 9d to 2s lOd; extra prime, Id more; good to medium qualities, 2s 5d to 2s 7d; good whole fowl feed, 2s 3d. Prime samples sell readily, also good to medium qurlities if in condition. Bad conditioned lots hard to quit unless for fowl feed. Oats—ln fair demand, and soil readily at quotations. Good milling. Is 6d to Is 6Ad ; best bright short feed, Is 5Ad to Is 6d ; discolored lots, Is 2d to Is 4d; off trucks, sacks extra. Barley—Buyers not anxious to operate unless at a reduction in price. Prime malting, up to 3s 9d; milling, 2s 9d to 3s 3d; feed, 2s to 2s Gd. Potatoes—Prime derwents £2 10s to £2 12s Gd (market glutted with medium and inferior lots, which soil at low prices) ; kidneys—good, smcU seed wanted,at £3 5s to £3 10s; large and iapi'lPV PM saleable unless at a big reduciiou. Cocksfoot—Demand good for heavy seed ; light and inferior lota not so much inquired after, from 4d to 64d per lb. Ryegrass—Machine-dressed, 3s 3d to 4s ; farmers' lots, 2s 3d to 3s. Chaff- Best well-cut oaten sheaf, £2 12s Gd; medium to good, £2 7s Gd to £2 10s.

Linseed—£lo 10s to £l2 (for really prime), per ton. Pigs—Good quality, suitable ti.'.es, -id per lb. Salt Butter—Prime, 7 Jd (cases Is each).

Sheepskins—At auction pn Tuesday business proceeded fairly satisfactorily, considering that the tone of the wool market at Home offers so little encouragement. Country dry crossbreds, inferior to medium, fetched Is 8d to 2s 9d; do do merino, Is 5d to Is 9d; medium to fullwoolled crossbreds, 3s to 4s Bd—extra heavy, Blightly mo;e; f ull-woolled merinos, good to best, 2s to 3s 6d—extra heavy, a shade more; dry pelts, Is to Is 4d; best green crossbred skins, 3s 6d to 3s 9d—extra heavy, 3s lOd to 4s 3d ; medium to good, 3s to 3s 3d; green merinos, Is 3d to 2s 3d. Hides—Market unchanged; the demand fair at late quotations, which may be repeated—say, for heavy, 2d to extra do (601 b and over), 2|d to 3d; medium, ljd to lfd; light and inferior, Id to ljd per lb. Tailow—Market Btesdy, best rendered mutton being worth 19s to 21s; medium to good, 16s to 18b 6d; inferior to medium, 13s to 15s 6d; rough fat—best mutton caul, 13s to 13b 6d ; medium to good, 12s to 12s 9d; inferior to medium, lis to lis 9d per cwt (ex store.)

DUNEDIN STOCK MARKETS.

At the Burnside Market on Wednesday the following business was transacted : Fat Cattle—Only 110 yarded. The greater portion were" only very medium. Owing to the very small supply to hand on this and the former week competition was very spirited, best cattle fetching 20s to 25b per head more than last week. Best bullocks brought £9 10s to £ll ; medium to good, £8 5b to £9 7b 6d; light, £6 5s to £7 17s 6d; best cows, £8 5s to £9 ss; medium to good, £5 17s 6d to £7 12s 6d; light and Aged, £2 10a to £5 7s 6d. Fat Sheep—2o22 were penned, including 225 merino wethers, good to prime. Most of the crossbreds were also prime and heavy weights. Best wether mutton showed an advance of la to Is 6d per head; ewes hardly so much. Best wethers brought 15s to 16s 6d; good to best, 13s to 14b 9d; ordinary, 10s to 12s 9d; best do ewes, 10s to 12s 6d—one pen extra heavy, 15s; ordinary, 7b 94 to 9a 9d; merino wethers, 7s 6d to 12$ 6d. Lambs—Bo were penned, which Bold under very fair competition at fibm 7b 6d to9s9d. Pigs—l4o were penned, Pricea all round were in favor of buyera. Suckers brought 7b 6d to 9s 6d ; slips, lis 6d to 16s 6d; stores, 18b to 20s; porkers, 21s 6d to 295; baconers, 33s to 495; a few extra heavy, 56s to 60s.

AUSTRALIAN &ARKETS.

Sydney, June 6. Wheat, chick, scarce, nominally, 2s 9d; milling, nominally, 2s 9d. Flour, roller-made, £7 10s to £7 15b. Oats, prime feeding, 2s Id; seed, 2s 4d. Maize, prime, Is lOd. Barley, Cape, 3s to 3a 3d. Bran, 7£d; pollard, 7sd. Peas, Prussian blue, 3s. Potatoes, 1 Jcally-grown, £llos to £2 los; Circular Head, £2 10s to £3-6s. Onions, £8 15s to £9. Butter, dairy-made, 6d to 7d; factorymade, 7d to Bd. Cheese, 3Jd. Bacon, prime, 5d to s£d. Mblboubnb, June 6. Wheat shows a further decline and is now quoted at 2s o|d to 2s lid. Flour, roller-made, £5 15s to £sl7s 6d. Oats are firm, Algerian Is 8d to Is 9d ; prime stout, Is 10£d to Is lljd. Maize, 2s 3£d. Barley is firm. Cape, 2s 3£d; malting, 4s 6d to 5s 3d. Brau,6jdto7d; pollard, BJd. Potatoes, firm, £2 17s 6dto £3 2s 6d. Onions, £B. June 7. Mr J. A. Turnbull, merchant, is bankrupt. His liabilities are £335,000, and assets £4400. Adelaide, June 6. Wheat is offering more freely, and is quoted at 2s Id to 2s 2d. Flour, roller-made, £5 15s. Bran, 7£d; pollard, 8 Jd. The Banks have notified the Government that the practice of allowing 3 per cent, interest on their floating balances is to be discontinued. MONETARY AND COMMERCIAL. London, June 6. The total quantity of wheat and flour afloat for the United Kingdom is 3,800,000 quarters, and for the Continent quarters. The American visible wheat supply is estimated at nearly 72,000,000 bushels. A cargo of Australian wheat sold at 22s 3d. 8500 quarters of Victorian wheat, June shipments, sold at 22s Bd, and 7500 quarters of J Victorian wheat, July shipment, sold at 22s 6d. Lord Thurlow is bankrupt. Hia liabilities amount to £430,000, and his assets to £30,0Q0, Mr Bruoe, of New South Wales, finds that there is little encouragement in Germany to push trade in Australian produce. Constantinople, June 6. The Turkish Government have issued an £8,000,000 conversion Joan. I Messrs Fitter and Son, Christchurch, have received the following cable, dated June sth:—Canterbury mutton, 4d to 4Jd; do lamb, 4|d to s£d; Wellington mutton, 3Jd to 4d; do lamb, 4jd to 4?d ; Australian sheep, 2jd to 2|d; do beef, hinds, 2|d to 3d; fores, 2d to 3Jd-