Auction Notices

Sun (Auckland), Volume I, Issue 269, 3 February 1928, Page 12

Auction Notices

A new subdivision of the foothills of the beautiful Waitakeres known as Mount Pleasant Estate will be offered by public auction at the rooms of Messrs. Richard Arthur, Ltd., opposite Town Hall, on the evening of Wednesday, February 15, at 7.30.

Very low reserves have been placed on sections comprising Waimana Peninsular Estate on the shores of the Waitemata Shoal Bay on. the Northcote side. Messrs. Richard Arthur, Ltd., have been instructed to sell this estate at their rooms, opposite Town Hall, on Monday, February 20, at 7.30 p.m. Mr. Thomas B. Arthur will sell.

The Takapuna Beach Estate, comprising 10 fine sections, each having a beautiful view of the harbour, nearly every one possessing harbour frontages, will be offered by Messrs. Richard Arthur, Ltd., on Tuesday, February 14; on low deposits and easy terms. Mr. Thomas B. Arthur is the auctioneer

TRADE IN PRODUCE HEAVY FODDER SALES POTATO STOCKS SHORT Trade in grain, seed and produce circles has been stimulated over the past week owing to the prolonged dry spell creating a demand for fodders.— Chaff, bran and molasses have been ready sellers. Only limited supplies of maize are coming forward, and the market remains firm around 6s on the Auckland wharf. Unless stocks held down the Coast and in Poverty Bay are larger than estimates to date have indicated, a further hai'dening in values can be expected once the colder weather sets in and the demand from poultry-keepers increases. With the end of the Pukekohe potato crop in sight, merchants have been forced to look to the Manawatu and Hawke’s Bay to carry them over till the Southern crop is available some time toward the end of March. On the spot at the moment good quality tubers are selling up to £l6 a ton in che marts, but quotations in the Manawatu range from as low as £lO a ton on the trucks. Onions continue short on the spot, the export inquiry causing many growers to store in the hope of higher prices later on. The same conditions prevail in the South and quotations there are practically withdrawal meantime. The future market depends largely upon the demand from overseas. The Melbourne onion market has also' firmed appreciably, exporters’ quotations jumping from £5 f.o.b. to £lO within a few days. A heavy demand is recorded for bran, and stocks on the spot are becoming light. Merchants’ quotations through store range around £7 5s a ton. Pollard is only meeting with a normal demand at unchanged rates. A strong inquiry from Australia for oats is having a firming effect on the market. Stocks of B Gartons are rather short on the spot and the price through stores is 4s 5d a bushel. Auckland is still drawing the bulk of its w’heat from Australia, but the next shipment should practically see the end of the business from that quarter as it is hoped that the reports of good crops in the South will be substantiated, and that growers there will be able' to supply all needs for some time to come. The market in the South has a slightly easier tendency and forwrard business for AprilJune shipment is being sought at 5s lOd f.0.b., sacks extra. The market on the spot is unchanged and merchants' through store quotations range from Ss 9d to 9s. Forward business in the new season’s Southern crop is being done with the storekeepers at 7s 9d a bushel. Chaff is meeting with a strong demand, but the price through store remains unchanged in the vicinity of £9 10s. Merchants are looking for an improvement in the demand for grass and clover seeds following the reports of scrub and grass fires from all parts of the country. Quotations for most seeds compared with recent years are in the buyer’s favour. * h- & & & %**■%%*;*

PUBLIC TRUST OFFICE DECEMBER BUSINESS Particulars of the loan transactions of the Public Trust Office for the month ended December 31, 1927, are as follow: The amount paid otit in settlement of new loans was £267,529, making a total of £2,072,869 since the beginning of the present financial year on April 1 last Further new loans to the amount of £56,850 were granted, making the total of new loans awaiting settlement £589,350, while offers of loans less than /ull advances applied for amount to £117,441, a grand total of £706,800. Applications for additional new loans amounting to £524,404 are now under consideration. Considering the intervention of the Christmas holidays during the month under review, the amount of new business was very satisfactory, estates of a value of £414,044 having been accepted for administration. This brings the total new business for the nine months from April 1 last to £4,555,052. The total busitJ 5 £?"043,M3 ° n APrU h 1927 ' araoun .tea New wills deposited for safe custody teatators appointing- the Public Trustee a# nraar ./issr 4 44s - and FEILDING RAM FAIR QUALITY IN DEMAND Press Association. FEILDING, Thursday. dav he ram f ? ir was opened toThere was a large entry, chiefly of Romneys. Buyers opera.ted freely for superior rams, but those of inferior dualwere passed over. air. A. L. Wheeler 97irnV’ 01 \ ) l obtaln ® d the highest price of 97gns., the purchaser being Mr F England (Rewa). air. Wheeler olso tho ne b thE ?f c . oria highest V.rice of 65gns' it2i br l be l n S Mr H. Stewart (Wai- ? , ■ A. Rowbottom (Otane) obtained the third highest price of 60gns being Mr. R. Collyer (Marton). The highest price for a flock Rom ney ram, lSgns., was obtained by Mr t E. Craine (Kiwitea) for a one-shear th*=* purchaser being air. H. Stewart (Vai-' AUSTRALIAN MARKET By Cable. —Press Association. — Copyright. SYDNEY, Thursday 4, country stations, 4s 7d to sS 3d ’ ’ at Sydne >'. 5s 2Jd to loca° U iw T ? S e s . eXP ° rt trade is lifeless; Bran.—£7. Pollard.— £B. to°ss tS — TaSmanian and Algerian, 4s 6d Maize.—is. Potatoes.—Tasmanian, new £4 in £7 ;local, £3 10s to £4. s tD Onions.—Victorian, £l2 Adekdde?— ° Wir,S are the ' flotations at Plou?. I —l-i™ss? rS ' lo ‘ S ’ 58 ° i<J tD 5s IJd - Bran.— £6 15s. Pollard.— £7 7s 6d. Oats.—3s 6d to 3s 7d. DECLINE IN LIGHT HIDES The P r Jj ce of light and medium hides declined by 1-Sd to *d. Kips and heavils are unaltered.—A. and N.Z. MINING NEWS HAURAKI.—The manager reports as follows: The seaward face at the 4C'oft level has been advanced 7 feet for the week. The face is now 33 feet beyond the vertical point of the Green Harp reef a t the 180 ft. level of the Union Beach shaft and within 5 feet of the estimated position of the junction. The reef averages 20 inches in width. Strong dabs of tine, close gold have been seen freely distributed through the main portion of the reef. Small pieces of rich specimen stone continue to be got from the pug formation on the hangingwall side The Hauraki shaft is nearing tile 500 ft level and it is expected to start getting the chamber sets in position in a few days The crosscut toward the Hauraki north section has been advanced 12 feet for the week, making the total distance from the new reef 36S Bands qf white country rock have been passed through during the week." ._