COMMERCIAL.

Temuka Leader, Issue 2484, 1 April 1893, Page 4

COMMERCIAL.

CHRISTCHURCH STOCK MARKET,

At the Addington yards on Wednesday there was a large attendance at the market. The entry of sheep was very large, 17,000 being yarded. Cattle of all kinds were in short supply, and met with a very good market. Pigs were represented in strong force. Store Sheep—ln store sheep 11,000 were yarded, and they met with a veiy dull Kale, farmers apparently having supplied their wants. A large number were withdrawn. Two, four, six, and full-mouthed crossbred ewes sold up to 12s 4d, wethers 13s, merino wethers to 8s 9d, ewes in proportion. Fat Sheep—ln fat sheep there was a large entry and the quality was good. Best crossbred wethers sold at lGs to 17s 6d, 2-tooth and 4-tooth crossbred wethers and maiden ewes 13s to 15s 7d, aged crossbred ewes were dull of sale, merino wethers 7s to lis Bd, merino ewes were hard to quit. In fat lambs the supply wus not so large as usual. All offered met with a ready sale at 9s 6d to 15s, extra good 17s. Fat (Jattle—Very few fat cattle were on offer, and these were eagerly competed for, best beef bringing 22s 6d per 1001 b, and medium 19s to 20s. Store Cattle—ln store cattle there was only a small entry with unimportant results. Pigs—The sale opened at rather lower prices than last week, especially for bacon pigs. Towards the end the sale recovered and the prices obtained throughout were within a shade of those previously ruling. DUNEDIN PKODUCE MARKETS. The following is the report for the week ending Wednesday : Wheat—Wheat is now arriving freely but there is no improvement to quote in prices which remain at say prime milling " ">od to 2s lid, ordinary 2s 8d to 2s 9d, medium > sd ** 2s 7 d > old 2s 2d to 2s 6d > fowls wheat Is : odto2s2d : + . .. Oats-Oats are also «*>ming to hand in quantities, and prices made J 5 auoted at a shade over. Prime milling is xfOTtO, Is 9d to Is 9Ad, bright feed Is 8d to Is B'id, discoloured Is 7d to Is 7|d. Barley—A steady demand exists tor all lines of malting and last week's quot&for this and other descriptions may be again given. DUNEDIN STOCK MARKETS. At the Burnside Market on Wednesday the following business was transacted: — Cattle—33o head were yarded. There was a fall of 10s to 15s per head in prices. Best bullocks £8 to £9 2s (3d, medium £6 5s to £7 153, small £4 10s to £5 7s 8d cows and heifers £5 7s 6d. j Sheep—2Bos were pened, of which 600 were merinos. The number proved too many for requirements, and prices ruled Is to Is 6d below last week. Prime crossbred wethers 15s to 15s 3d, good do up to 14s fid, small 10s 6d, merinos 5s 3d j to Bs. ! AUSTRALIAN MARKETS.

Sydney, March 29. | Wheat, chick, 2s lid to 3s; milling, nominally, 3s fid. Flour, .New Zealand roller-made, up to £B. Barley, Cape, 3s. Peas, Blue Prussian, 4s 3d to 4s sd. Cheese, prime quality, 4-Jd. Bacon, New Zealand, B|d to B£d. Oats, milling, 2a 7d. Maize, 4s 4d to 4s 7d. Bran BJd ; pollard, B£d. Potatoes, Mww Zealand, £3 os. Onions, £3 5.3 to £3 10s. Gutter, dairy-made, 7d to 8d ; factorymade, 9d. Hams, in good demand, from lid to Is. Melbourne, March 2'J. Wheat is quiet at from 3s to 3s Id. Flour, roller-made, £7 15s. Oats, Algerian, Is Gd to Is 8d ; danisb, Is 8d ; stout, Is IOJd. Potatoes, £2 7s 6d. March 30.

Tho Government statistician reports that tho wheat yield will be 15,370,000 bushcla, being an average of 11.20 bushels per acre. The oat yield is 4,599,000 bushels, an average of 25.65 bushels per acre. The bailey yield is 472,000 bushels, an average of 18 bushels per acre. Adelaide. March 29. Wheat, weak, at 3s 3d. Flour, roller-made, £8 ss. Oats, 3s 2d to 3s 4d. Barley, malting, 4s Od to 4s 9d. Bran, 9Jd; pollard, lOjd. MONETARY AND COMMERCIAL. London, March 28. For tho Tasmanian loan of £BOO,OOO only £551,700 was tendered, £18,300 of which was at a minimum of 92. The averago was about Is Gd premium. The balance of the loan has been withdrawn. It is understood the Treasury do not object to Sydney or Melbourne minting silver or bronze, though they consider it costly and unnecessary. It is also understood that tho Chancellor of the Exchequer consents to the royal mint supplying all the coin required, and allowing the colonies a proportion of the profit of seigniorage sufficient to recoup their loss sustained, on the coinage of gold,

The petition of bankers praying for Her Majesty's veto of the Unclaimed Moneys Act passed by the South Australian Parliament, has been referred to the lawofficers of the Crown. It is generally believed that the Imperial Government will decline to interfere in the matter. The Victorian Government intend to aslc Parliament to sanction the conversion scheme which the Home bankers approve, and which involves the issue of a 4 per cent, loan with an automatic reduction of interest. The Trustee and Colonial Stock Bill applies to inscribed stock, and provides that no four per cent, stock shall be quoted lower than 105, six months prior to purchasing, and an equivalent price in the case of stocks bearing lower interest. The colony is liable to be sued in England in relation to stock. Shares in the Bank of New Zealand are at £5 15s. The total quantity of wheat and flour afloat for the United Kingdom is 3,540,000 quarters, and for the Continent 896,000 quarters.

Wool is expected to rise a half-penny during the next few days.