COMMERCIAL.

Temuka Leader, Issue 3470, 25 July 1899, Page 4

COMMERCIAL.

timaru markets. The Canterbury Farmers’ Co-operative Association, limited, reoort under date Timaru, Ju'y 21st, 1899,’as follows : Wheat.—Tuscan 2s 4d to 2a sd, velvet 2s 3d to 2s 4d, red chaff and Webb’s ofaal- ) lenge 2s Id to 2s 2d f.0.b., according to sample. Good whole fowl wheat Is 9d to Is lOd, seconds Is 5d to Is 6d, for clean samples; sacks extra. Oats.—Duns Is 3d to 1343 d, Danish Is 13d to Is 2Jd for fair to good, sparrow'bills Is 2Jd to Is 3-ld f.0.b., Canadians Is 5d on trucks, Timaru. Potatoes.—Very little doing. PROPERTY SALES. The following property sales in Ashburton county are reported by Mr T. Bullock : —9O acres 2 roods 30 perches, opposite the Tinwald saleyards, at ,£lB 10s per acre; 500 acres above the Hinds railway station, being R. S. 25187, in very good order, at £2 10s per acre, on account of the Otago and Southland Investment Co.; on account of Mr J, Witbell and others, 1462 acres, with improvements, fronting the road leading from the Hinds railway station to Rangitata traffic bridge, for £2820, about £ll9s per acre ; 243 acres, R. S. 27620, 30601 and 35881, near the above, at £ll7s per acre ; R.S. 30789 and 30790, 1000 acres, near Ealing, at £1 17s 6d per acre; and 129 acres 1 rood, Alford survey district, at £6 5s per acre. PRODUCE SALE. The Farmers’ Exchange Company report on last Saturday’s sale at Timaru as follows : Poultry, good roosters 3s Gd to 4s, mediums 2s to 3s, ducks (scarce) 3s 6d to 4s 3d, turkey hens 4s 3d, gobblers 5s to 6s. Butter, 6d to 83d per lb. Cheese, large size sd, small 5.1 d. Tea, 7s to 9d for olb boxes. Potatoes, a regular drug at Is 9d. Oats 5s to 5s 6d. Wheat (broken) 5s 6d. Carrots, Is to Is 6d. Turnips, Is 3d per sack, all sacks in. Pork, 4.Jd. TIMARU HORSE MARKET. The Canterbury Farmers’ Co-operative Association, Limited (per Mr J. Mnndell, auctioneer), report on the horse and cattle market at Tattorsall’s yards on Saturday, as follows : Our entries comprised 41 horses, 2 cows farm implements and harness. The attendance of buyers and others interested in the sale was large, and about two-thirds of the horses submitted to auction changed owners at satisfactory prices. Our quotations are : —Draughts, young, with trials, £26 10s, £2B, £3O, £32 10s, £33, £34 to £36; do. light and aged, £l2, £l3 10s, to £l6 light harness sorts. £7 10s, £lO to £l4 10s hackneys, £4 10s, £6, to £B. Cows, in profit, £3 XOs. Implements and harness ' were keenly completed for.

SOUTHLAND PRODUCE MARKETS. Inveroabgili,, July 21. There are no changes to report in the market for cereals this week, and business is not strong. MONETARY AND COMMERCIAL. London, July 20. The American visible supply of wheat is estimated at 47,596,000 bushels. London, July 21. The Bank of England’s returns published to-day show the stock of gold coiu and bullion to be £30,932,000 ; reserve, £20,947,000 ; proportion of reserve to liabilities, 42.80; notes in circulation, £28,672,000 ; public deposits, £8,302,000 ; other deposits, £40,420,000; Government securities, £13,089,000 ; other securities, £32,857,000. Three months’ bills are discounted at per cent. Consols, 107. New South Wales 4 per cents 117 » » » 3j ~ „ 105| » » » 3 JJ }1 100 Victorian ... 4 „ „ 111 „ „ ... 3| „ „ 106 „ ... 3 „ „ 94^South Australian 34 „ ~ 107 » .. 3 „ „ 94| Queensland ... 4 „ „ 111 ... 3* „ „ 104 New Zealand ... 4 „ „ 112 „ „ 3 h „ 106 J „ „ ...3 a.,, -,, 97 Tasmanian ... 3J „ „ 106 West. Australian 3J „ „ 105 The excessive heat is depressing the wheat market, and little business is doing. Australian cargoes now due are quoted at 29j ; May and June shipment, 29s 6d. Two thousand quarters of South Australian July-August shipments, sold at 31s. The Bradford wool market is quiet. Common sixties, Napier, July 21. The Colonial Consignment and Distributing Co. cablet toNelsor Bros, to-day —Best Canterbury mutton, 4jd per lb; Dunedin and Southland, 34d ; Napier and North Island, Lamb, first quality, 5 3-51 ; second, sd. The tone of the frozen meat market is not so healthy, and there is a further sharp decline rd the value of North Island mutton. The Canterbury Farmers’ Co-operative Association, limited, have received the following cable from their London office, dated London, 21st July ; Mutton—The market is weak. We quote to-day’s value on Smithfield market, 2s 6d pet stone of 81b. Lamb—The market is weak. We quote to day’s value on Smithfield market, 3s 4d per stone of 81b; market decidedly weaker; downward tendency. \V heat—To-day’s value of short-berried, ex-store, per quarter of 4961 b is 26s 9d. The market is dull iu consequence of unusually fine weather. The following cable message has been received from their Sydney office, dated 22ud July : Potatoes—Derwents, 35a to 40s ; early rose, 65s to 75a. Onions—Market remains the same, 90s ; inferior qualities unsaleable.