FINANCE AND TRADE.

New Zealand Times, Volume XXVII, Issue 5597, 25 May 1905, Page 6

FINANCE AND TRADE.

The Customs revenue received yesterday totalled £1742 10s 2d. COMMERCIAL CABLES. PRESS ASSOCIATION- ; LONDON, May 23. Tin.—On the spot, £136 10s to £137 per ton; three months, £135 12s 6d to £135 17s 61. Lead, £l3 17s 6d per ton. Silver, 2s 3 1-lCd per oz. The total quantity of wheat and flour afloat for tho U united Kingdom is 3,245,000 quarters, and for the Continent 2,025,000. Atlantic shipments, 62,000. Shares.—Bank of Australasia, £9l to £92; others, unchanged. AUSTRALIAN PRODUCE MARKETS. SYDNEY, May 24. Wheat, chick,2s-Hd to 3s Ud; milling, 3s 2d to 3s 2id. Flour, £7 10s to £7 15s. Oats, Tasmanian white, 2s od to 2s 6d; Algerian, 2s Id to 2s 3d. Barley, Cape, 2s 7d to 2s i>d; malting, 3s 9d to 4 s. Maize, 2s 4d to 2s 6d. Peas, 4s to 4s 2d. Bran, lOd. Pollard, Is. Potatoes, Circular Heads, £*l 10s to £6. Onions, £ll 10s; no New Zealand offering. Butter, 84d to 9d. Bacon, Sid to 7d. ‘ MELBOURNE, May 24. Wheat, 2s 4d to 3s 44d. Oats, Algerian feeding. Is 7d to Is 3d; seeding. Is 10d. Maize, new, 2© 3d to 2s od; old, 2s 7d. Bran, to Is. Pollard, to Is Id. Potatoes, £4 10s to £5 llte; New Zealand Pink Eyes, £4 10s. Onions, £lO 10s to £ll. ADELAIDE. May 24. Wheat, 3s 4d to 4s 4-Vd. Flour, £7 10s to £7 15s. Oats, Algerian, 2s to 2s 2d; white* 2s 3d to 2s 4d. Bran, Is. Pollard, Is Id. SOUTHERN STOCK SALES. PKESS ASSOCIATION. CHRISTCHURCH, May 24. At Addington to-day there were large entries of nil classes of fat stock in tho yards, and - a fair attendance. Beef showed some recovery in values, and fat lambs were very firm. Prime fat sheet) sold up to last week's rates, but secondary sort© were easier. Pigs of ail classes, especially fat pigs, were easier. There was a xioor sale of store cattle ’and dairy cows wore not in quite such good demand.

Store sheep—There were only a fow small lots offered, and they sold, well at late rates. The bulk of the entry consisted of two-tooth wethers, and these sold as follows: —76 at 18s 4d, 181 at 17s 6d, 104 at 17s 4d, 208 at 10s lid, 145 at 16s sd, 136 at 16s Bd, 53 at 16s 3d, 58 hoggets made 13s Bd, 94 sold at 12s 10d, A lew small lots of aged merino owes at 3s 10s to 7s 7d. - Fat lambs There was a very large yarding, made up principally of good sized lines of prime quality. Bidding throughout tho sale was very brisk, and the range of prices for prime lambs and tegs was 17s 6d to and lighter 14s 3d to 17s, Fat sheep—There was a - fairly large yarding, including some prime lines of wethers and ewes. The market opened at the previous week's rates, and prime sorts maintained their values throughout! Unfinished wethers were easier, and when the butchers had filled their requirements, ewes also declined, but the exporters came into the market and took a considerable number of good quality, handy weight, ewes at prices ranging from 14s 9d to 17s 6d. Aged and inferior sorts were neglected and brought lower prices than of late. The range of prices was:—Wethers, prime 22a to 24s 4d, medium 30s to 21s 6d, unfinished 17s to 18s; ewes, extra prime 21s to 23s 6d, prime 18s-to 20s 6d, medium 16s to 17s 6d, aged 14® 9d to 15s 6d. . Fat cattle—The entry totalled 23-4, made up chiefly of good and prime quality steers. The sale opened very dull, the first line being passed, but it afterwards improved, though values did not reach lost week's level. For G. G. Holmes 12 steers sold at -69 to ,£lO 12s 6d and other steers made-<£6-to £10; heifers £5 5s to £8 10s, and cows £4 15s to £6 15s, equal to 20s to 21s for prime and 16s to 19s per 1001 b for inferior to medium quality. A good yarding of veal calves sold at 8s to £3 4s. Store and dairy cattle—Only a fow pens came forward, and the only quotable line was of 10 3-year-old steers, which passed at £5.12s 6d. About thirty head of dairy cows were yarded. Good milkers were not quite so brisk of sale, making £7 to £lO ss, others £5 to •£6 10s, aged £4 to £5. Pigs—There was a large yarding, and all classes met with dull sale, especially fats, and prices all round were lower. Heavy weight baconera made 50s to 63a, medium 40s to 48s, equal to 4d to per lb; porkers, 33s to 335, equal to 4?d bo 4-Jd per lb; large stores 20s to 225; medium 13s to 18s. weaners 6s to 10s,' DUNEDIN, May 24. At tho Burnside market to-day 144 head of fat cattle were yarded. The demand was good, and competition keen, and prices showed an advance of fully 10s on last week. Best bullocks £9 5s to £lO 17e 6d, medium to good £7 10s, good £7 10s to £8 15b, light £5.10s to £6 15s, best cows and heifers £6 5s to £B, medium to good £4 10s to £5 15s, light £3 5s to £4 sa. Fat sheep principally of medium quality wethers and ewes, with a few pens of extra fin© wethers. For the latter there was keen demand, and prices, as compared with last week's, ‘wore fully-Is 6d p£r head higher. Best wethers 23s to-26s (one pen of extra prime 27s 9d), medium wethers 19a to 31a, beat ewes up to 355, others 16s to 18s 9d. Fat lambs—2lß yarded, and keenly competed for. Prices were slightly in advance cf last week. Best lambs 17s to 19s 6d (one small pen of extra heavy 21s 9d), others 15s to 16s 6d. . Pigs—l 94 yarded. • Suckers 7s to 9e, , slips lie to 14s 6d,: stores 16s to 23s 6d, porkers 28a to 365, light baconers 38s to 445, heavy baconerS 4os to 525, choppers up to 635. OTAGO GRAIN 7 MARKET. DUNEDIN, May 34. Wheat—No change to report. Most growers are not disposed to sell at present rates. Fowl wheat is more plentiful, and only saleable at slight reduction. Prime milling 8s to 3s Id, medium 2s 10s to 2s lid, whole fowl wheat 2s 8d to 2s 9d, broken 2s 6d to 2s 7d, sacks extra. Oats—There has been steady demand for shipment for all good lines ot feed coming forward; prime milling not quite so readily disposed of. Seed* lines of dun oats 2s to 2s 3d, long Tartans Is 10s to 2s, other sorts }s'9d to Is lid, prime milling is 8d to Is 9d, good to best feed Is 7d to Is Bd, inferior to . medium Is 5d to Is 6£d, sacks extra. Barley.—Market quiet and samples now coming forward are more difficult to , dispose of. Prime milling 3s 6d to 4s, milling and medium malting 2s 6d to Ss 3d, feed 2s 2d to 2s 6d.