COMMERCIAL.

Temuka Leader, Issue 3508, 21 October 1899, Page 4

COMMERCIAL.

CHRISTOHURCH STOCK MARKET,

At the Addingtou yards on Wednesday 6900 fat sheep, 200 fat lambs, 2357 store sheep, 354 cattle, and 323 pigs were yarded. Cattle —The 148 head of fat cattle were nearly all light to handy weights, and bidding dragged a little. It was with difficulty that late prices were maintained. Best beef ruled at i7s 6d to 20s per 1001 b, medium to good 15s to 17s, and cow and inferior down to 12s. Primo steers sold at £7 to ;C8 ss, lighter sorts £4 10s to .£0 10s, heifers £4 10s to £7 7s 6d, cows ,£3 7s 6d to £5 10s.

Sheep—The yarding of fat sheep contained a fair proportion of good freezers, which fully maintained last week's rates and met u keen demand. Merino wethers wore not of so good quality as last week, but all that were fit were taken for export. A heavy supply of butchers ewes caused the market to case considerably towards the close, but in the earlier part of the sale they were selling uncommonly well. Prices for prime freezers were 18s to 22s 6d, lighter sorts 16s to 17s Gd, and unfinished lines of wethers and maiden ewes 14s Gd to 15s 9d, shorn wethers 12s to 14s -9d, butchers' best ewes 10s to 18s od, and up to 19s Gd for extra heavy, others 13s Gd to 15s shorn ewes 10s to 12s (Jcl, prime merino wethers 15s to 17s Sd, aud others 10s Gd to 14s.

Fat Lambs—The fat lambs were a very fair lot and met good competition, a good many going for freezing" and the balance to the trade at from 15s to 16s 6d f©r prime, and 12s to 14s for others.

Store Sheep—There was a fair demand for store sheep. Crossbred wethers sold at 15s 4d to lGs Id, shorn do. 8s Gd to 10s 4d, wethers and maiden ewes at 14s 2d, shorn do. 9s 9d, hoggets 13s to 13s 4d, for good, lls7d for others, ewes with lambs (all counted) 7s 3d, and ewes in lamb at 14s 7d to 15s 3d. Pigs—The bulk of the pigs were stores, and these sold well, but at a decided decline in the values of fat sorts. Baconors sold at 3d to 3jd per lb, and porkers at from 3.id to 3i|d: prices per head were— Baconers 28s to 34s Gd, porkers 21s Gd to 325, stores 17s to 23s Gd, for large, and 12s 3d to los for smaller sorts. DUNEDTN PRODUCE MARKET. The following is the report for the week ending Wednesday: Wheat. —The demand for all samples of milling continues, prime tuscan meeting with most inquiry. Fowl feed is scarce. Prime tuscan is quoted at 2s to 2s Bd, do. velvet 2s 6d to 2s 7d, red sorts 2s 5d to 2s 6d, medium 2s 4d to 2s sd, whole fowl feed 2s 2d to 2s od; sacks in. Oats. —Very little is doing owing to holders seeking a further rise. All coming forward is easily disposed of at an advance of Id on last week's prices. Prime milling is quoted at Is Sid to Is 9d, good to best feed ls7.jdtols Sd, fair to medium Is 6d to Is 7d; sacks extra.

Barley.—There is no change to report. Potatoes.— Stocks are gradually working down, and we hope to see an improvement in prices shortly. Kidneys are unsaleable ; Derweuts, 20s to 22s 6d per ton for tho best. Horsehair, Is 2d, to Is 4d. Sheepskins.—Ou Tuesday Green croaebreds sold from os to Gs 6d ; extra, 6a 9d ; dry crossbreds, 'ls 3d to 6s 3d ; meriuo, 2s 4d to 6s Gd ; extra, 7s to 8s ; pelts, Gd to Is 9d. Hides 3£d to 4jd, according to weight and condition. Tallow.—Bough fat, lis to 12s ; rendered, 131 to 17s per cwt, according to quality. ' DUNEDIN STOCK MARKETS. At the Burnside Market ou Wednesday ihe following business was transacted :

Cattle—2B2 head of fat cattle were yarded. As some of the butchers were supplied from last week the demand was slacL, aud prices, particularly towards the close, showed a decline of 10s per head. Prime bullocks sold at .£9 to £lO, medium ,£7 10s to £.H ss, light &G to £6 15s, best cows (extra prime) up to £9 ss, medium £5 5s to .£5 15s, light i'4 to £i- 15s. Sheep—2329 fat sheep were penned, of which 145 were merinos. With the exception of a few pens all were purchased by butchers, ibices not admitting of export buyers operating. Towards die end prices eased to the extent of Is per h-ad. Extra prime crossbred wethers sold at 19s to 20s 9d, prime 17s to ISs (id, medium 15s 6d to 10s, light 14s to 15s, best ewes 15s 3d to 17s 3d.

Fat Lambs—-70 fat lambs were penned ; best sold at 12s to 14s, medium 9s to lis, small 6s to Bs.

Pigs—l 32 pigs were yarded. The demand was slack and prices in favour of buyers. Suckers sold at 9s to 15s, slips 18s to 20s, porkers 26s to 30s, baconers 333 to 38s, heavy pigs 455. AUSTRALIAN MARKETS. Sydney, October 18. The produce markets are brisk, and the tone is buoyant. The wheat market ia unsettled, and quotations wide. Chick wheat ia quoted at 2s Bd' to 2s lOd ; milling, 3s Id to 3s 4d, with an advancing tendency. Flour, £7 to £7 15s. Oats, prime New Zealand feeding, 2s'.ld ; medium, la lid to 2s ; Tasmanian, Is 8d to Is lid; tartarian seeding, la lOd to Is lid. Very firm, and strongly held. Barley, Cape, 2s 3d to 2s Gd ; English, 2s 3d to 2s 6d. Maize is firm at 2a lOd. Peas, Prussian blue, 3a 3d to 3a 6d. Bran, 9d to 9|d. Pollard, 9d to 9|d. Potatoes, Circular Head are scarce pending arrivala, aud are quoted at £3 to £3 10a; New Zealand derwents, £2 17s Gd to £3 ; early rose, £3 15s. Butter, factory-made, lOd ; dairy-made, BJd to 9d. Cheese, large, 4id to 4f d; loaf, 5d to 5Jd. Bacon, 5d to 7d. At the wool sales at Sydney, Melbourne

and Adelaide competition is very stroug, and the advances, excepting in inferior croasbreds, which are easier, are well maintained.

Melbourne, October 18. The wheat market is uusottled, and quotations are nomiually 3s 4d to 3s 6d. Oats are in strong demand and very firm at Is 7£d to la lid. Maze is scarce at 2s 8d to 2s 9d. Bran, 9|d to lOd; pollard, 9fd to lOd. Potatoes are quiet at £L 5s to £ll2a 6d. Onions, £2 to £4. Adelaide, October 18. Wheat is very firm and advancing, 3s 4a being asked. Sales have been made at 3s 2d to 3s 3d. Flour, £7 5a to £7 10s. ' Oats, dun aud Algerian, la lOd to 2a; stout, 2s to 2s Gd. Bran, 9|d to lOd ; pollard, 9£d to lOd. Note.— the abot'e quotations are those ruling between merchant and retailer, and do not ropresent the slightly lower values obtained by recognised brokers. MONETARY AISD COMMERCIAL London, Oct. 18. The total quantity of wheat and Hour afloat for the Uuited Kingdom is 1,940,000 quarters, aud for the Continent 1,400,000 quarters. Bank shares—Bank of Australasia, £62 15s; Bank of JSow South Wales, £4l ; Union Bank of Australia, £32 10a; .National Bauk of New Zealand, £2 10s. Bank of Kew Zealand 4 per cent guaranteed stock, 101 J. .New Zealand Loan aud Mercantile Agency Go's. 4 per cent, prior lieu debentures, £92. At thu tallow sales 1125 casks wore ofl'bred, and 117 casks sold. Quotations — !Yl uttoii, fine, 28s Gd ; medium, 275. Beef due, 26s 9d ; medium, 26s 3d. i'he AuieiiofUi visible supply of wheat is e-niii.aio.i at 09,218,000 bushels. The Canterbury Fnrmtrn' Co operative Association, Ltd, h .ve received the following cable, tnpssaue from their Sydney agent, dated 19th October : " table dcrwenis, 50s to 52s (id, per ton. Market decidedly weaker, tendency downwards, L*rge supplies coining to hand by three hi earners from Tasmania, all leaviug on Vi id ay." Wellington, Oct. 19. Tho trouble in the ■ ransvaal aud the transport of American troops to the Philippines are responsible for tho rise in wool freights. There had beeh an in creased demand for tounage for trans port of troops, provisions for their main tenanco and munitions of war. To-day's wool rates by steam are £1 and |d, but the agents will not book for more than a few hundred bales. It seems almost certaiu that the rates will be id aud Id before the mouth is out. At Brisbane there is nosteamer for the January Bales, the Duke of Fife having been sent to San Francisce iu ballast to take up u charter to the Government of the United States. The agents are trying in all directions to get a steamer, aud the best proposal that they have beeu able to obtain was ou abasia of jd aud Id, aud even then for only a limited amount of cargo. There has seldom beeu such a sudden advance in freights ou this side, but the withdrawal of so raaiy steamers for South Africa aud United States business has completely changed ihe position. __^________