COMMERCIAL.

Temuka Leader, Issue 3538, 23 January 1900, Page 3

COMMERCIAL.

PRODUCE SALE.

Tho Farmers’ Exchargo Company re port oii last Saturday’s sale at Timaru as follows : Owing fo wet weather business was not quite so brisk as the last fo.v Saturdays. Poultry, prime roosters os, 3s fid to 4-, mediums 2s fid to 2s 9d, hens 2a fid to 3.-, chicks 1b fid to 2s, good ducks up to 4-, ducklings 2s fid per pair. Figs 12s to 13a. Butter, 5d per lb. Eags, fijd t.. 7jd per dez Potatoes, 3s per owi. Whole fowl feed fia 9d, broken os fid to to fis fid, oats 7s per sack, all sacks in. Tea, 7a to 9s for 51b tius. TIMAUL HORSE MARKET. The Canterbury Farmonf 00-operr-tiv.-Association, Limited (per Mr <l. Mundeli. auctioneer), report on tho horse and cat) Kmarket at Tat ter sail’s yards ou Saturday as follows : Our entries comprised S 7 ho sob, f rm implements, and inruess. Tho attendance of buyers was large, and as usual young farm horses sold at high pi ices, but aged aud inferior sort* ware ditiicuhto sell, although vend ,-., .-e.-. mod anxious to accopt low prices so that a sale might bo made. Our quot -.{ions are: Draughts, young, with trials, £22 10,, £26 10s, £2B £33, £35, £l2, £ls, to £SO ; do light and aged, £8 10s. £lO to £l2; light harness sorts, it’.2 to £l4; hackneys. £4 10s, £C to £7 10. SOUTHLAND PRODUCE MARKETS. iNVJSKC'AKOILL, Jan. 10. Tho Grain Brokers’ Association reportthat oats are now very scarce; that the demand during tho week has been good, aud sales have been effected ou the following basis ; —A grade, 2s old ; B grade, 2s 3d; C grade, 2s 2.1 d, f.0.b., sacks in. MONETARY AND COMMKRCi a; Losdos, J.an ,18. The bank rate of discount is -1 iAt the wool sales, merinos were aboutpar with opening rates. Crossbreds are firm. The consignment of rabbits by the Medic were sold at Manchester most r-atisfnG.oi-.iy. A large trade in colonial rabbits with Manchester is predicted. London, Jan. 19. Tho Bank of England’s returns published to-day show tiio stock of gold coin and bullion to be £33,177,000 ; reserve, £23,113,000; proportion of reserve to liabilities, 42.58 ; notes in circulation, £28,223,000 ; public deposits, £10,592,000 ; other deposits, £43,510,000; Government securities, £19,057,000 ; other securities, £30,152,000. Three months’ bills are discounted at 3J per cent.

Consols, 10! J. Now South Wales 4 per cents 115 ” ” ” " ] 99l ” ” ” » >' Victonuu ... 4 „ ~ IG4 ... 31 „ „ 104 v South Australian 3.1 „ „ UhC » « ” » 115I 15 ,

Queensland ... 4 „ ~ 108 ... 34 „ „ 103£ Now Zealand ... 4 ~ IF 1 ,

» ’’ ” ” ‘L’ Tasmanian ... 34 „ ~ H’oi West. Australian 34 ~ ~ 103] Tho wheat market is dull, with a downward tendency', 'lb e Amencuii market is a shade firmer. Auatraia-i wheat, oil coast, is offering at 295; Jahuary-Fcbru-ary shipments, 29j fid. Wool.—The Hrulfortl m-.rkot is lifeless, and no quotations are obtainable. At the wool sales tho Ken ebp realised 1351; Tukituki, 10 Jd ; half, ,15f J. There was a dragging sale. Merinos are 10 per ceut below December rates.

Butter is flat, owing to heavy arrivals. Colonial, 95s to 98s; occasional lots, 100 s ; Danish, 108 s to 110 s. Cheese is firm. New Zealand, 57s to 595. Victorian,fair but somewhat irregular quality, DCs. Friers are abnormally high owing to tho aeu city' of Canadian supplies. Babbits are dull at to 9d. English are pleutilul. Wool. —There is a b-ltor spin*- iu the market and stronger compclKion. Wellington, January 22. The Agent-General cables Butter 98s; no sRu of improvement. Cheese, market firm ; buyers very shy Tho Canterbury Farmers’ Co-operative Association, Limited, have received tho following cable message from their London office, dated 17th January “ Coarse crossbred wool unchanged ; others par to 5 percent lower. Lambs.—Tho market is weak. Wo quote to-day’s value ou Smith field market at 3s per quarter. Prospects are very doubtful for early delivery.”