COMMERCIAL.

Temuka Leader, Issue 2481, 25 March 1893, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKET. At the Addington yards on Wednesday all department s were well represented. Fat Cattle—The fat cattle market was not well supplied, either in regard to numbers or quality. Steers made from £5 2s 6d to £7 17s 6d, heifers £5 to £lO, and fat cows £5 5s to £7 15s. Store Cattle—The prominent feature of the store cattle sale was a nice even line of 100 young sorts. Yearlings sold at 345, young cattle at £2 14s 6d, store cows at £4 7s to £4 11s, two-year-old heifers at £3 12s; prime cows brought £9, others £B, £7 ss, and £6 10s. Store Sheep—The sale of store sheep was most irregular. Several lines of firstclass crossbreds were on offer, and for these competition was good. Inferior sorts, on the other hand, were extremely dull of sale, and several lines were returned unsold. Crossbred wethers made 7s 6d, 10s, and 14s 6d, ewes, 6s to 14s 9d, and lambs 6s to 9s 2d.

Fat Lambs—Another large yarding of fat lambs came to hand, and although the primeat sorts sold up to late quotations, other sorts suffered in comparison. Prices ranged from 8s to 13s 7d. Fat ISheep—The supply of fat sheep was considerably in excess of the demand, and second-rate sheep were easier. A ready sale existed for the very best crossbreds, at prices Tanging from 14s to 17s sd, merinos, of which there was a good number yarded, made 5s 9d, 6s 3d, to 12s 9d, the latter figure being obtained for a pen of Buccleugh wethers, which were forwarded in excellent condition.

Pigs—A large entry of baconers and porkers,for which there was good demand. Baconers sold up to £2 9s 6d, porkers up to 295, and stores at 10s.

DUNEDIN PRODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Prime tuscan and velvet, 2s 6d to 2s 9d; a really extra good sample would fetch 2s lOd; new wheat is now largely transacted at above values; demand quiet for old stocks; fowls’ wheat, good whole wheat up to 2s 2d ; other sorts, Is 9d to 2s. Barley—Chevalier, 3s 3d to 3s 9d ; Cape, 2s 6d to 2s 9d. Oats—Prime short feed and milling, Is 9d to Is lid; medium qualities, Is 7d to Is 8d; the demand has been good. New season’s rye corn, 2s 9d to 3s, Potatoes Derwents, £2 5s to £2 15s. Pigs—Good demand at 4£d for good quality and suitable sizes. Hams, 8d; bacon, 6d. Lard, s£d. Chaff—ln better supply; prime well cut, 50s to 555; other qualities from 4Us upwards. Butter —Demand at to 8d; cases Is, for local consumption. Cheese —Akaroa, 4d to 4£d; factory, 4£d, large sizes. Grass Seeds—Ryegrass, 2s to 2s 6d ; machined up to 3s 3d. The demand for old pasture machined is good up to 4s ; cocksfoot, 2Jrd to 4d. Flour Market—First-class rollerHour at £8 10s per ton, and 50’s at £9 to £9 ss. Oatmeal —£10 in 25’s or long ton bulk. Bran —£215 s, Pollard, £3 ss. Sheepskins—At auction on Tuesday, last week’s prices were firmly maintained, quality considered. Country dry crossbreds, inferior to medium, brought Is fid to 3s 7d; do do merino, Is 8d to 2s lid ; full-woolled crossbreds—good, 3s 6d to 4s fid ; best, 4s 9d to 6a 3d; do do merino —good, 3s to 3s 8d; best, 3s 9d to 5s 3d; dry pelts, 2d to Is 7d; green crossbred pelts —best, 2s to 2s 8d; selected 3s to 3s 3d ; medium to good, Is 8d to Is lid; do do merino, Is to Is 8d ; lambskins—best, 2s to 2s 8d; medium, Is fid to Xs lOd each. Hides —These show no change, all arrivals being readily placed at prices on a par with those ruling for so long, and are —For heavy, free from all blemish, 2d to 2jd> extra heavy, 2|d to 3d; medium, lsd to If d ; inferior to medium, Id to If d per lb. Tallow—The demand is good. For best rendered mutton in packages fit for shipment, 23s fid to 24s fid; medium to good, 19s to 22s fid ; inferior to medium, 14s fid to 18s fid. Rough fat is in excellent request; butchers’ best mutton caul fetches 14s to 14s fid; medium to good, 12s fid to 13s fid; inferior to medium, Hs to 12s per cwt. DUNEDIN STOCK MARKETS. At iks Burnside Market on Wednesday the following business was transacted : Fat Cattle—l 33 head yarded, chippy good to prime beef, several pens heavy weights. Competition was spirited, resulting in an improvement in prices to the extent of 10s to 15s per head on last week’s. Best bullocks brought £8 JOs to £lO 7s fid; medium to good, £6 15s to £8 os; light weights, £5 10s to £fi 12s fid ; best cows, £fi 10s to £7 15s; medium, £5 10s to £0 7s fid; light weights, £3 15s to £5 2s Gd. Fat Sheep—loß7 penned, including 350 , vnerino wethers, the rest crossbreds, only [ & oi which were wethers, the bulk of flic Oiiuy comprising light and aged ewes, mostly medium mi.ality. A fair demand was experienced fur few pens of good quality offered, but medium prossbred and merinos had no attention, several i pens being turned out unsold. Byst crossbred wethers brought 13s fid to 15s ; one small pen .esetra heavy, ICs 9d; ordinary, Xlsfid to 13s ,3d; fees* do ewes, 11s fid” to tfisj too small pem? .ejtra heavy, 15s Gd to Ifis ; fsgbfc ordinary quality, 8s Gd to 11s ; monuo '" o^ierf b to 8s Gd. Lambs Only 258 penned, none of which were very prime. Competition was moderately active, best fetching 9s to 10s ; others, Gs to 8s 9cl. AUSTRALIAN MARKETS, Sydney, March 22. Wheat, 2s lid to 3s; milling, nominally, 3s Gd. Flour, New Zealand roller-made, up to £B. Oats, easier, bright feeding, 2s Gd. Maize, New Zealand, 4s sdto 4s fid. Barley, Cape, 3s. Bran and pollard, Bld to 9d. Peas, Blue Prussian, 4s 3d to 4s sd. Potatoes, Circular Heads, £3 15s to £4. Onions, £3 10s to £3 12s Gd. Butter, dairy-made, fid to 7d; factorymade, Bd. Cheese, prime quality, 4jd. Bacon, Now Zealand, Bfd to Bjd. Hams, nominally, 104 to 114.

Melbourne, March 22. Wheat is quiet at from 3s to 3s Id. Flour, stone-made, £7 to £7 5s ; rollermade, £B. Oats, Algerian, Is 6£d; stout, Is lid. Maize, 3s Bd. Barley, Capo, 2s l£d. Potatoes, £2 to £2 ss. Adelaide, March 22. Wheat, 3s 3id. Flour, roller-made, £8 ss. Oats, 3s 2d to 3s 4d. Barley, malting, 4s 6d to 4s 9d. Bran 9£d to 10£d.

MONETARY AND COMMERCIAL. London, March 21. Apprehension is expressed by city men with reference to the taxation of the Wellington-Manawatu Railway Company’s debenture holders. It is feared that the principle may be extended at a future date, and involve the taxation of all holders of New Zealand stock. The announcement that the Indian Government will shortly put a loan of 30.000. rupees on the market has depressed the silver market. At a meeting of the shareholders of the Australian and New Zealand Mortgage Company (Limited), Mr A. Flower, the chairman, said that the company had not suffered by the Queensland floods, nor by the depression in Australia. The dividend, however, had been reduced to 7 per cent. Measures were being taken to renew the company’s debentures at the lowest rate of interest, and they had bright hopes of the future. Messrs Murray and Ricards were re-elected directors. March 22. The Achilles Goldfield Company of New Zealand has been registered, with a capital of £IOO,OOO. The total quantity of wheat and flour afloat for the United Kingdom is 3.444.000 quarters, and for the Continent 844.000 quarters. Washington, March 22, It is rumoured that the United States Government are arranging to borrow 50.000. dollars in gold.