COMMERCIAL.

Temuka Leader, Issue 2737, 13 November 1894, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORT. The Canterbury Farmers’ Co-oporative Association, Limited (per Mr J.Muudell, -aid. I'opoi’t on the horse market auctiom. * rt i i at Tattersall’s on *" f,,rda * ft* follows :~ The entry was not a large one, ‘ht All good sorts of draught or light harness horses were eagerly competed for, and sold at prices satisfactory to vendors, \V e quote prices as follows :—Draughts, young, and staunch, £l4, to £ls 15s; light harness sorts, £l3 10s, to £l6.

MONETARY AND COMMERCIAL London, November 9. Consols, 102 J. Now Zealand 4 per cent, inscribed stock, 10G£; 2k do., 101 k. Long berried wheat, ex warehouse, 245, market firmer. South Australian do , 255, flat. Victorian do., 24s fid. Frozen mutton, first quality, 4 Jd; second quality, 2jfd. Lamb, first quality, sd. Hemp is unchanged. Mr Valentine has interviewed the Japanese and Chinese Embassies respecting direct shipments of New Zealand mutton and produce. He was informed that no instructions had been given on tho matter, aud both representatives promised to bear the offers iu miud.

The Court has postponed its decision in I the case of the old directors of the New j Zealand Loan and Mercantile Agency Company until Monday in order to enable the counsel to ask for a final cessation of the case. The Copenhagen committee have fixed the price of bntter at 130 s per cwt. The rise has entirely stopped the Danish trade here. The local committee have adopted the new system of quotations and take the choicest varieties as the standard! Owing to the advance of the Danish article the Loudon committee have raised the price for choicest colonial to 110 s per cwt, and fine quality from 96s to 100 s. Mutton thawed by Nelson’s process realised |d per S> more than that thawed by ordinary means. Experts consider that it will not pay Victoria to ship eggs to England, owing to the cheapness at which Russian and Italian eggs can be imported. Fifteen hundred bales of wool saved from the wrecked steamer Dorunda were sold at good prices. The stock of butter in hand is 12,000 cases. A rise in the finest factory-made by 4s per cwt. is expected as compared with the prices realised this time last year. The import of butter into Great Britain during October increased to 1050 tons. Two-thirds of the shipment of eggs by the steamer Ballarat were broken. The remainder arrived in good condition, but the consignment was unsaleable owing to the breakages. It is thought the eggs should not be frozen as the frost causes the shell to break. November 10. A trust of £1,500,000 is being established to take over the balance of Barings’ estate. Berlin, November 8. Germany has agreed to await the decision of experts as to the danger of introducing disease before finally prohibiting the importation of cattle from the United States. Vienna, November 10. The Minister of Agriculture declines to reduce the duty on Australian moat. Sydney, November 9. During the week 28,000 bales of wool were offered and 24,000 sold. Prices show no improvement, the highest for greasy being 7£d per lb, and for scoured ll£d. Melbourne, November 9. The Dairymen’s Association carried resolutions strongly condemning the Loudon butter committee fixing the price of butter to arrive, characterising such action as that of a ring of dealers. The association recommended the factories in the colonies not to send their butter through local agents representing London firms.