COMMERCIAL.

Temuka Leader, Issue 2739, 17 November 1894, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKET. At the Addingtou Yards ou Wednesday there was a large attendance. The entries were not so 1 »rgo as was expected, but the quality all round was good. Fat Ca.tle —124 hea 1 of fat cattle were yarded. There was good competition, and the entry was cleared at a slight rise in prices, values averaging from 26s to 27s per 1001 b. Steers fetchod £7 7s Gd t. £9 3s, heifers £5 10s to £9 7 s fid, cows £5 to £9 17s Gd. Dairy Cattle—About 50dairy cows were brought forward. Very few were good sorts, and the sale dragged considerably. Springers fetched £4 12s Gd to £9, dry cows £2 to £5.

Store Cattle—There was a large entry of store cattle, but the demand was not brisk, and a great many were unsold. Fat Sheep —There was a good entry of fat sheep, aud the quality all roqqd was

better than usual. Prices opened firm, but towards the close the sale dragged considerably. Crossbred prime heavy weights brought 18a to 24s 6d, shorn crossbred wethers 10s to 14s 6d, ewes 10s to 13s, freezing quality 13s 6d to 15s, secondary 10s to 12s 6d, best crossbred ewes 12s 6d to 14s 6d, secondary 9s 6d to 12s, best merino wethers 10s to 12s 6d, secondary 6s 6d to 9s, merino ewes 8s 6d to 10s. Fat Lambs—The entry of fat lambs sold at 7s 6d to 13s 3d. Store Sheep—Store sheep ’ were well represented, and all classes were in demand at late quotations. Hoggets fetched 8s 7d to 11s 6d, crossbred ewes and lambs 12s to 16s. Pigs—The yarding was small, Baooners realised 3jd per lb, and porkers 2jd to 3d per ft.

CHRISTCHURCH MARKETS,

The New Zealand Farmers’ Co-opera-tive Association of Canterbury, Limited, report for the week ending November I6th, 1894, as follow :

Business in produce during the past week has been steady, and without any material change in values. Wheat offers sparingly, and the market is firmer without quotable change. The coastwise shipments continue fully up to.the average, and stocks are steadily dimiui-hing.. Oats are dealt with chiefly for local requirements, for which offerings prove about sufficient. Beans and peas have had rather better enquiry, owing to improvement in the English values. Small parcels of clover seed have been placed at last quotations. Potatoes show little alteration and the season is about closed. Dairy produce is in full supply, and new cheese is now coming forward. Present quotations, f.o.b. Lyttelton, sacks extra : Wheat—Prime milling, pearl, velvet, or tuscan, 2s 8d; hunters, 2s 7d; second class, Id to 2d per bushel less. Oats—Milling Canadians, 3 a 7d; short feed, Is 6d ; duns. Is 7d; Danish, Is 5d to Is 6d. Peas—Blue Prussians, 2s 6d to 2s 9d. Beans—2s 3d to 2s 4d. Potatoes Nominally 15s at country stations. Ryegrass and Cocksfoot Business nominal. Red Clover and Cowgrass—6jd to 7d. Cheese—Large and medium, 4d ; loaf, new, 4id. Butter Prime fresh, 6d ; salt, 5d ; separator, Bd. Bacon and Hams—6jd to 7d. Oaten Sheaf Chaff—6os, sacks included. Exports for the week ;—Wheat, 3,618 sacks; oats, 894 sacks; potatoes 1131 sacks; seed, 71 sacks; chaff, 1303 sacks; flour, 406 sacks. DUNEDIN PRODUCE MARKET. The following is the report for the week ending Wednesday : Wheat—Prime velvet, 2s lOd to 2s lid; other varieties, 2a 8d to 2s lOd. Chick feed, good whole is scarce and wanted at from 2s 4d to 2s 6d. The demand is not very active. Oats—Prime milling and plump feed, Is 4£d ; ordinary feed, Is 4d; seed varieties, Is 7d to Is' lOd—net, sacks extra. Barley—Prime malting, 3s 6d to 3s 8d; pearling, 2e 9d to 3s; feed, from 2s to 2s 3d; seed varieties from 3s 9d to 4s 6d. Hops—Demand small, 9d. Pearl barley—£l6. Oatmeal—£B 10s. Flour—Roller, £7 ss; stone, £6 10s. Bran—£2 ss. Pollard, £3 10s. Potatoes—A few trucks of prime quality wanted, £llos to £ll6s. Chaff—The demand is good for best quality at £2 16s ; ordinary, 35s to 455. Onions—-£l7 to £lB. Linseed—£l2. Pigs—Sales are difficult to make at 2£d, Salt Butter—6d ; fresh, full supply. Bacon—Rolls, 6d; hams, Bd. Cheese—Factory, 4|d to 6d; Akaroa, 4d to 4|d. Honey—Prime extracted, 4d to 4jd ; other quality, 3Jd. Ryegrass—Machine-dressed, 3a 9d to 4s 3d; farmers’ lots, 2s 3d to 2s 9d, Cocksfoot—4d to 6d; light cocksfoot for surface sowing, 5s per sack. Sheepskins—At the weekly sale on Tuesday the demand was good throughout, although good full-woolled crossbreds had more attention than inferior sorts and merino skins. Prices on the whole show little or no change. Country dry crossbreds, inferior to medium, brought Is 7d to 2s 6d; do do merino, Is 4d to Is lOd; medium tp good crpssbreds, 2s 7d to 4s 2d; extra heavy, 4s 4d to 5a 9d; good to best merinos, 2s to 3s 4d; extra heavy, 3s 5d to 4s 3d; dry pelts, 3d to Is 3d; best green crossbreds, 5s 3d to 5s 8d; extra heavy and for special requirements, 5s 9d to 6s 2d; medium to good, 4s 4d to 5s 3d; green merinos, 2a 9d to 3s 9d; lambskins, 6d to Is each. Hides—Market unchanged. Tallow—A fair demand exists for all descriptions of tallow and rough fat. Quotations : —For best rendered mutton, 18s 6d to 20s ; medium to good 16s 6d to 17s 6d; inferior to medium, 12s 6d to 15s; best caul fat, 12s 9d to 13s; medium, Us 6d to 12s 6d; inferior, 10a to Us per qwt.

DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted : Fat Cattle were in very short supply this week, only 111 head being yarded, and of these about half would be of prime quality, the other half half and three-parts fat only. For the first-named description bidding was extremely keen, and an advance of from 10s to 15s per head on lust week’s quotations took place. Prime bullocks brought from .£9los to All 7s 0d; ordinary do, AT 10s to A 9 ; light do, £6 to £7. Prime cows brought from £0 to £7 17a GJ ; ordinary do, £5 to £5 15s; aged and inferior, £3 to £4. Fat Sheep-. -Only 1300 sheep penned, of which 70 were merinos. In consequence a sharp rise of from Is to Is Od per head ou just week’s quotations took place. Probably u’ve-tJlii’d the ehee P forward this week wore shorn, wfigy? at all prime and free from shear marks, coiifruaiitied extreme rates. Prime crossbred wethers in wool brought from 17s Gd to 19s 3d: ordinary do, 15s to 17s j light do, 13s Gd to 14. Gd Prime crostbred owes ju wool brought from 13s to 15s 9d ; prime merino wethers in wool brought from 12s to 12s 3d; prime crossbred wethers (shorn), 13s to 14s 3d; light do, 11s to 12a Fat Lambs —397 penned, and for any that were at all St for the butcher there was splendid competinon at prices ranging from 8s to l'2a fid. Inferior lambs, »f which there were a fair number forw -nl, were almost unsaleable, and were with difficulty disposed of at from 5s to Gs Gd. Pig a _l9o penned. For the bacon pigs there was yory little demand, and prices obtained for them dfd not exceed the equivalent of 2|d per tb. pop jokers and well-grown stores, on the otbep hand, ifipre was good bidding, and very satisfactory prices were realised. Suckers again, were dull of sale, apd brought lower values than have been current for some time. Bacon brought from 30s to 3Gs j a few extra

heavy, 40s to 50s; porkers, 21s to 27s 6d ; well-grown stores (very forward), 18s to 26a 6d; slips, 13s to 17s; suckers, 6s to 9 S AUSTRALIAN MARKETS. Sydney, November 14. Wheat, chick, 2s 7d; milling, nominal. Flour, roller-made, £7. to.£7 ss, Oats, dull, prime feeding, 2a Id. Maize, Is lOd. - Barley, Gape, nominally, 2a 6d to 2s Bd. Bran, 7id ; pollard, 7d. Peas, Prussian blue, 4s, Potatoes, UcaUy grown, £2 10s. Onions, £ls. Butter, dairy-made, 6d to 7d; factorymade, 7d to Bd. Cheese, prime, 4jd. Bacon, prime, sd. November 15^ The examination of William McLean, in : the matter of the Federal Bank,in liquida- ■ tion, is proceeding. The disclosures called ; forth strong comment froth the Judge,! who said they might be described-by very I ugly words. McLean admitted that while i he bad an overdraft of £BOOO from the bank he obtained advances of £SOOO without security, from the manager, and without the matter being brought before the! board. He received £25,000 from the Commercial Bank and paid. it into the Federal Bank. The money remained there one day, and he would not say that it was not banked for balancing purposes. Melbourne, November 14. Wheat is in strong demand at 2a lid. Flour, roller-made, £5 7s 6d to £6 10s. Oats, prime milling, Algerian, Is 7d; stout milling, Is lOld. Maizb, Is lOd. “ Barley, Cape, Is 9d to Is lOd; malting, 4s 3d to 4s 6d. Bran, sjd; pollard, 6£d. Adelaide, November 14. Wheat is fairly firm at 2s Old. Flour, roller-made, £5 7s6dto £5 10s. Bran, Old ; pollard, 6jd. MONETARY AND COMMERCIAL. London,' November 14. The batter salesmen propose to quote only the choicest brands. They expect that prices will be increased on Saturday, the demand having improved. : The Oamaru bond-holders resent Mr Ward’s suggestion that a sinking fund should be formed before the Government give a guarantee, and are sending him a memorial on the subject. The total quantity of wheat and flour afloatior the United Kingdom is 2,240,000 quarters and for the Continent 1,110,000 quarters. Bank of New Zealand shares, new, £3 ; old, £1 16s. Ten thousand boxes of stored butter have been sold since November Ist, at i from 80s to 94s per cwt. November 16, The estimated visible supply of American wheat is 109,200,000 bushels! Three oases of passion fruit shipped-by the New South Wales Department of Agriculture iu a cool stored arrived in excellent condition,but one case shipped as ordinary cargo was entirely decomposed. Mr Valentine reports good prospects for a trade in this line if supplies are uniform. Washington, November 13. An American loan of 50,000,000 dollars at 5 per cent, has been issued.