COMMERCIAL.

Temuka Leader, Issue 2719, 2 October 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 :

Stud horseg.—On account Mr J. H. Gibson, the Clydesdale stallion Loch Gyle, passed at 85 guineas; the pony stallion Darkest Africa, passed at 18 guineas. On account Mr E. Evans, the Clydesdale entire colt Coolgardie, passed $t 80 guineas. On account Mr William Wheejband, the Clydesdale stallion Young Taierj Tom, passed at 00 guineas. On account Mr William Augend, the thoroughbred stallion Derweuter, passed at 27 guineas, Others offered met with similar treatment. Otfe.QF horses. —The entry comprised 45 head, and taken all round a fitter lot we have not had the pleasure of offering at these yards. Our quotations for the sale are : —Draughts, voung with trial, £lB 10s, £l9 los to £2O; do light *n,4 £9 10s, £ll, to £l3los ; light harness ’ sorts, £ll, £l2, to £l3 6a; hackneys, £5 10s, £7 ss, to £o Itfs.

TIMARU MARKETS.

Th.c Farmers’ Co-operative Association, Limited, report 55 fallows for week ending P vf day, Sppt,cipher Pfiti: Since oiiv last report business 1)53 been very quT Mt iu wheat and oats. Wheat is very dull, owing to buyers being careless to operate at the prices asked by tho owners. Business, however, can be done at the .quotation/* below, both in wheat and oats, provided the Otf uers will accept, which they are very yel.qctanjb j;,q do. Quotations are as follow Wheat—Welvot and tuscan (old crop) 2s 6d, red chaff 2s 5d 5 vejvet and tuscan (now crop) 2s id to 2s sd, red phaff 2s 3d to 2s id, fowl wheat ?s to 3s 4-id, small lots, f o b. Oats—Prime milling Canadians Is Id 11 Is Od, short feed is -id to Is sd, dauish

Is 2£d to Is 3£d, good Is 4d, tartars Is 5d to Is 7d, duns la 7d' to la 7jd, f.0.b., sacks 4jd. Barldy—Chevalier, dressed for seed, 3s 9d to 4s. Potatoes—22s 6d to 265, sacks in ; f.O.b. DUNEDIN PRODUCE MARKET. Hides—The tone of this market remains quiet, best well flayed ox hides are readily placed, while inferior sorts are most difficult to quit at satisfactory pricies. Quotations : For beat ox hides, 601 b and over, 2Jd to 3d; medium, IJd to 2£d ; inferior, Id to IJd per lb. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted : Fat Cattle —Only 68 yarded. The quality of these was only medium to good, but as most of the butchers were out of beef competition was vbry keen, resulting in a substantial rise on last week’s prices. Best bullocks (of only medium weight) brought £lO 7s 6d to £1110s; medium, £Blos to £9l7s 6d; light weights, £6los to £7 15s; best cows, £7 15s to £8 15s; medium, £5 15s to £6 17s 6d; others, £3 12s 6d to £4l7s 6d. Beef brought 30s per 1001 b. Fat Sheep—A large entry, numbering 2751, was forward, and of these 337 were merino wethers, rangihg from medium ‘to prime. The entry being in excess of Requirements, sales opened dull, but improved as they progressed. A drop of Is 3d to 2s per head, however, had to be put up with. Best crossbred wethers brought 14s 9d to 16s 6d (a few pens choice up to 18s 6d) ; medium to good, 13a to 14s 6d ; others, 8a 3d to 12s. Best crossbred ewes, 12s to 13s 6d; ordinary, 8a to 11s 6d; and merino wethers, 6s fid to Hs 3d.

Lambs—The first consignment of the season was penned, and sold up to IDs 3d. Pigs—ls 3 of all descriptions were penned, but met with only a fair demand. Suckers brought 5s to 10s; slips, 12s to 16a; stores, 17s to 20s ; porkers, 22s 6d to 26a 6d; baconers, 29s to 40a.

AUSTRALIAN MARKETS. Sydney, September 26. Wheat, chick, 2s 9d ; milling, nominally, 2s lOd to 2s lid. Flour, best roller-made, £7 5s to £7l2s 6d, Oats, prime feeding, 2s lOd. Maize, Is lid to 2s. Barley, Cape, 3s. Bran, 7jd to 8d; pollard, 6|d. Peas, Prussian blue, 3s 9d. Potatoes, local, £1 10s to £2 2s 6d; Circular Head, £2 5s to £2 10s. Onions, £lllos to £l2. Butter, dairy-made, 7d to 8d; actory - made, 8d to 9d. Bacon, prime, 5d to 5Jd. Melbourne, September 26, Wheat 2s Id to 2s 2d. Oats, prime algerian, Is 7jd, Maize, Is 9d to Is lOd. Bran, 6d, quiet. Potatoes, £llos to £2. Adelaide, September 26. Wheat, easy, 2s 2d. Bran, 6£d to 6Jd ; pollard, 6Jd to 6Ad. Hobart, Sept. 26."

The Treasurer, acting on the advice of London financial agents, has determined not to float the balance of the £750,000 loan till the end of December.

MONETARY AND COMMERCIAL. London, September 27. The annual meeting of the New Zealand Shipping Company will beheld on October 12th. After providing £62,000 for depreciation, the profit and loss account lor the year shows a profit of £22,700. The directors recommend that a dividend of 4 per cent, for the year be declared. The sum of £4OOO were carried forward to next year’s account. Consols, 102. Three months’ bills are discounted at § per cent. New Zealand 4 per cent, inscribed stock, 108 i ; 3i ditto, 102 J. New Zealand hemp, market inactive.

New Zealand long-berried wheat, ex warehouse, flat at 24s 6d; South Australian and Victorian wheat,ex warehouse, weaker at 245.

The committee have agreed that there shall be six wool sales iu 1895. The series to day was dull of tone, and the bidding slow except for crossbreds. September 28.

The first of the wool sales for 1896 is fixed for January 15th, and the second for the 7th March. The quantity to be offered at those sales will be unlimited. The Americans are buying Victorian wools. Butter in stores is quoted at 85s. September 29.

At the wool sales to-day, there was a poor selection. Foreigners bought scoured crossbreds at fancy prices. Crossbreds brought Is 2Jd, merinos Is 2fd to Is 4{d. Danish butter, nominal, 100 s per cwt. Finest quality is selling at 106 s. Australian factory-made butter is selling in the open market from 100 a to 104 s; fancy sorts 106. Irish aud Danish butter is selling at prices below those realised in the same week last year. The colonial butter committee has fixed the price for finest quality at 106 s, and fine at 100 s. In view of heavy consignments they make a fixed moderate /price in order to induce the trade to buy the colonial article.

Mr Paterson, of the Fresh Food and Ico Company, Sydney, who has returned from a visit to Vienna, declares that there is a ready trade for five hundred bullocks weekly, and thkt they would realise 4d per lb. He advises shippers to remove the fat and send the best beef, and only legs of mutton. He also advises the appointment of an agent to control the sale, and believes that the Austrian Government would accept the health certificates of their consuls jn Australia, and that the meat would thus avoid restrictions pn arrival i n Austria. Ottawa, Sppt. 26.

Lord Bpassey in addressing a meeting in Winnipeg, declared that preferential trade between England and the colonies was impracticable.