COMMERCIAL.

Temuka Leader, Issue 2722, 9 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 Our entry comprised 27 horses, half of which changed owners at the following quotations, viz.: —Draughts, young and subject to trial, £l4 10s to £l6 ; do light and aged, £9los to £J 2; light harness sorts, £ll to £l3 10s; hackneys, £9 to £lolos. TIMARU MARKETS. The Canterbury Farmers’ Co-operative Association, Limited, report as follows for week ending Friday, October 6th, 1894:Since our last report business has been very sluggish. The only demand is for very prime lots, which can be disposed of at the prices below. Very little of really prime is offering, owners being loth to accept present prices. Quotations are as follows: — Wheat-Velvet and tuscan (old crop) 2s 6d, red chaff 2s sd; velvet and tuscan (new crop) 2s 4d to 2a sd, red chaff 2s 3d to 2s 4d, ex store. Oats—Prime milling Canadians Is 4d to la 6d; short feed Is 3£d to la 4jd, danish Is 2£d to ls 3*d, good Is 4d, tartars Is 6d to Is 7d, duns la 7d, f.0.b., sacks 4£d. Barley Chevalier, dressed for seed, 3s 9d to 4s. Potatoes—2ss, f.0.b., sacks in.

WINCHESTER SALEYARDS. The second monthly sale at these yards was held on Thusday last. Some 40 head of cattle were offered; 18-mouth beasts brought £3 12s, and 2-year-olds £4 ss. About 500 sheep were penned. Fat ewes fetched 14s, hoggets 8s lid to 11s 3d. There were some nice pigs offered (principally weanera) and were sold at fair rates. The horse parade at Geraldine, generally held on Wednesday (market day), was on this occasion held on Thursday, an alteration that entirely failed to draw more people to the up-country township, but which no doubt militated against the attendance at the Winchester yards.

MONETARY AND COMMERCIAL London, October 6.

At a meeting of the Bank of Australasia shareholders Mr B. W. Hamilton, who presided, said that "the liquid resources of the bank amounted to £4,700,000, which was ample to meet all contingencies. There was a decline in profits owing to the inability of customers to meet engagements and the low value of money. He expected to see a large rebound in the revenue of the colonies. ' Consols, 101$.

Three months’ bills are discounted at | percent. New Zealand 4 per cent, inscribed stock 106, ex interest; 3$ per cent, ditto,; 101.

New Zealand long-berried wheat, ex warehouse, nominal, 245. The market is w eaker and flat. South Australian wheat, ex warehouse, 245; Victorian, ditto, 23s 6d. New Zealand frozen mutton, first quality, 3-3/8d per jb j second ditto, 2f d j lamb, first quality, s ld per }b. At (he hemp auctions there was a fair demand, but no New Zealand consignments were sold.

Danish butter is unchanged. At the wool sales competition is animated and the Americans are buying more freely. The Bridgewater brand realised Is Id per 1)?. Oct. 5.

The Victoria PemanpuJt Building Society have decided to adopt per cent, interest instead of 5 per cent, with a proviso that all profits over 2.| t per cent, up to 5 per cent, be divided among depositors. Perth, Opt. 5. The Wealth of Nations Mine.has been sold in London for £140,000, with a small interest reserved by the owners.