COMMERCIAL.

Temuka Leader, Issue 2707, 4 September 1894, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORT.

The Canterbury Farmers’ Co-operative Association, Limited (per Mr J. Mundell, auctioneer), report on the horse market at Tattersall’s on Saturday, as follows : The demand continues good for young sound plough horses and upstanding light harness sorts. We offered 23 bead at auction, two-thirds of the entry beiug sold under the hammer at the following quotations, vifc. young with a trial, £lB 10s, £l9 10s, ig £2l 10s; do light and aged, £8 15s, £9, to £ll ss; light harness sorts, £l2 10s, £l4 10s, to £l7; hackneys, £7 15s to £lO. Cows in profit, £4 15s to £5. TIMARU MARKETS. The Canterbury Farmers’ Co-operative Association, Limited, report as follows for weekending Friday, August3lst, 1894: Since our last report a good deal of business has been done iu wheat and oats of good quality, and we are still shipping at full market rates.

Wheat —There is a good many enquiries for good wheat, both old and new, but buyers are not disposed to give the prices asked by the owners. Fowl wheat is very scarce, and is being asked for at 2s 4d for good whole wheat. Velvet and and tuscau (old crop) 2s7ld to 2s Bjd, red ebaff, 2s 5d to 2s 6d, f.0.b.; velvet and tuscau (new prop) 2s 5d to 2s 6d, red chaff 2s 3d to 2s 4d, ou trucks; sacks 4id. Oats are still moving, along very slowly, and enquiries are being made for good danish and short feed, but buyers will not give what owners are asking. Prime idiUing Canadians Is 4§d to Is 6£d, short feed Is 3d to Is 4d, tartars Is 5d to Is 7d } danish Is 3£<l to Is 4d, f.0.b.; sacks 4Jd. Barley—None offering; ruling price 3b to 4m, chevalier ss. Potatoes—Very little sale, 22s 6d to 27s 6d f.0.b., kidneys no sale, 50s to 60s, f.o.b.

CHRISTCHURCH STOCK MARKET. At the Addington Yards on Wednesday the entries in most classes wore good, and the attendance large. Fat Cattle—The proportion of fat cattle which came under the hammer was small, but the quality showed a decided improvement, and prices were firm. Beef 25s per 1001 b, steers £5 to £9 17s 6d, heifers £5 5s to £8 15s, cows £4 15s to £9 17* fid.

Dairy Caftio —In dairy cows there was a large entry, aud fair business was done. Springers sold at £3 10? tp £9 2s Gd, diy cows £2 to £6. Store Cattle —In store cattle there was. a good yarding, but the business done at auction was small, and affords no criterion as to values.

Fat Sheep—About 4000 fat sheep were penned, mainly fair quality crossbreds aud merinos. The sale was uneven, and a diop of quite Cd per head on prime sorts, and ou second quality a further fed

took place. Crossbred prime heavy weights sold at 17s 6d to 18s 6d, freezing quality 15s 6d to 17s, secondary sorts 12s to 14s, best crossbred ewes 13s to 15s, best merino wethers 10s to 12s Id, secondary 7s to 9s 6d, merino ewes 6a to 7s 6d. Store Sheep—ln store sheep the entry was cleared at satisfactory prices. Hoggets 9s to 11a 3d, mixed 2-tootbs lls to 12s 6d. Pigs—The advent of warmer weather has begun to tell on this trade, and it was 'with difficulty that 3d per lb could be ;obtained for baconers and porkers, and ■’poorer were very hard to dispose of.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday Wheat has fair demand at from 2s lOd to 3s. Chick feed, good whole is scarce and wanted at from 2s 4d to 2s 6d. Oats—Prime milling and plump feed, Is sd; ordinary feed, Is 4d to Is 5d ; seed varieties, Is 7d—net, sacks extra. Barley—Prime malting, 3s 6d to 3s 8d; pearling, 2s 9d to 3s ; feed, from 2s to 2s 3d. Hops—Demand not active, 9d to lOd. Pearl barley—£l6. Oatmeal—£B 10s. Flour —Roller, £7 ss; stone, £6 10s. Bran—£2 ss. Pollard, £3 10s. Potatoes Market fully supplied, £ll7s 6d to £2 ; kidneys have enquiry, £3 to £3 5s as per quality. Chaff—The demand is good for best quality at £2 10s to £2 12s 6d; ordinary, 35s to 455.

Clover and Ryegrass Hay—(Pressed lewt bales), £2 ss. Onions—£l3, Linseed—£lo to £l2. Pigs—Prime bacon sizes,3|d; others, 3d to 3jd. Salt Butter—7£d to 8d (prime quality wanted); fresh, fair supply. * Bacon—Rolls, 6d to 6£d; hams, Bd. . Cheese—Factory, 4|d to 6 cl; Akaroa, 4d to 4Jd. Honey—Prime extracted, 4d to 4jd ; other quality, 3Jd. Ryegrass—Machine-dressed, 3s 9d’ to 4s 3d; farmers’ lots, 2s 3d to 2s 9d. Cocksfoot —4d to 6£d, f.0.b., Lyttelton. Light cocksfoot for surface sowing, 5s per sack.

Sheepskins—'The demand for, these is very good, aud all coming to hand readily taken op. Competition was very spirited on Tuesday, all the sorts catalogued fetching *ull prices. Green skins are improving in value with the increase in wool. Country dry crossbreds, inferior to medium, fetched la 5d to 2s 8d; do do merino, Is 4d to Is lOd; medium to good crossbreds, 2s 9d to 3a 9d; extra heavy, 4s 3d to os 9d; good to best merino, 2s to 2s 8d; extra heavy, 2s lOd to 3s lOd; dry pelts, 2d to Is 4d; best green crossbreds, 4a 9d to 5s 3d ; extra heavy, 5s 6d; medium to good, 3a Sd to 4s 6d; green merinos, Is lOd to 2s lOd. Hides A moderate demand exists, without any change in prices, which may be quoted as follows say, for prime heavy salted, 601 b and over, 2£d to 3d ; medium, l|d to 2Jd; inferior and light, Id to lljd per lb. Tallow and Fat—There is no change to record. A fair demand exists, and prices are secured on a par with those lately quoted. Best rendered mutton, fit for export, 18s 6d to 20s; medium to good, 15s 6d to 17s Cd; inferior to medium, I2s 6d to 15a; best fresh clean caul fat, 12s 9d to 13s; medium to good,, lls 6d to 12s 6d; inferior to medium, 10s to lls per cwt (ex store).

DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted :■ — Fat Cattle—l9B head yarded. This supply was evidently in excess, of requirements, while bidding was fairly spirited, and for heavy-weights last week’s highest price was topped. On the average values were lower by 20s to 25s per head. Best bullocks brought £8 17s 6d to £lO 10s; extra heavy, £ll to £l2 7s 6d; medium to good, £6 5s to £7 17s 6d; lightweights, £4 10a to £6. Best cows, £7los to £8 10s; medium to good, £4 17s 6d to £6 10s; light and aged, £2 17s 6d to £3 17s 6d.

Fat Sheep—l6B3 yarded, nearly all crossbred wethers and ewes, and mostly good to prime. Competition was very brisk, the whole being disposed of at prices showing a slight advance on those obtaining the previous week. Best crossbred wethers brought 14 s 6d to 15s 9d; One small'pen (extra heavy), 17s 3d; medium to good, 12s 9d to 14s 3d ; light, Us 3d to 12s 6d; best do ewes, 13s 6d to 14s 6d; medium, 10s 3d to 12s 9d; merino wethers, 7s 6d to 9s 9d. Pigs—3o9 penned, all, with the exception of suckers met with very fair attention. Suckers brought 6s to 10s; slips, lls to 15s 6d; stores, 18s to 20s; porkers, £ls 6d to 25s ; light baconers, 29s to 33s—heavier, 37s 6d to 435; a few young Yorkshire boftrs up tp 2 guineas.

MONETARY AND COMMERCIAL. London, August 30. A cargo of Adelaide wheat ex Castlebourne has been sold at 23s 9d and ex Primus at 245. The estimated visible supply of wheat is 75,81)0,000. . The arrivals of wool to date, amount to 250,600 bales, of which 72,000 bales were sent direct to the manufacturing districts. With the quantity held oyer fropi last sales, there will be 29,000 bales available for the next series. Consols, lo2f, Three months’ bills are discounted at g per cent. New Zealand 4 per cent, inscribed stock, 109; 3£ per cent, do, 102^. New Zealand frozen mutton, first quality, per lb; second do, 3d; lamb, first quality, 51d per lb. New Zealand hemp is steady. Fair quality from Wellington realised £ls per ton. New Zealand long-berriod wheat, ex warehouse, is fiat at 26s 4d. South Australian wheat, warehouse, fiat at 255. Victorian, do, restricted, at 24s fid. The Bradford wool market is firm, with a confident tone. Danish butter, 104 s per cwt. Hr Tafierman has obtaiued the assent of the majority the co-operative societies in the East end of LowJofl to use Australian meat. August fij., The Great Western Railway Company have ordered sufficient New South Wales sleepers for a length of two miles. Silver, 2b O-G/lGd. September 1. Produce merchants predict that Nelson Bros.’ new thawing process will create a revolution in the meat trade by restoring meat to its original condition ; render jt more useful than the original article, and equal to good English meat. September 2. The Antwerp wool sales open ou the lltii, and close ou the 14th, when 1400 bales of Australian wool will be offered. Ottawa, Ang, 31. The Canadian Government propose, iu the event of a private company constructing the Pacific cable, to fix the tariff at 3s per word for ordinary and Is 6d for press

messages. The time for the completion of the work is' tb be-limited to three years. Melbourne, 1 Aug. 30. At a meeting of debenture and shareholders in the Melbbuiue Permanent Building Society it was .agreed.to accept 2£ per cent, instead of 5 per cent, provided under the reconstruction sheme., Hobart, September 1. The Government hope to, place a loan for £750,000 on the London market in November.

Wellington, August 31. Mr John Murray has issued a circular to the, shareholders of theßank of-New Zealand, reepmmending them to elect Mr W. Booth, the Hon. Walter Johnson, and Messrs Martin Kennedy, T. G. McCarthy, and R. H. Olyn, as directors. He describes them as eniinently qualified' for the position. It ■is understood that Mr Giya intends to act only temporarily. Auckland, September 1. : Tenders for the city loan consolidation debentures were opened at the National Bank to-day at noon, the total subscribed being £471,705, at an average premium of 4 per cent. Tenders over 3 per cent, received allotment in full, and at 3 per cent, received 60 per cent. .