COMMERCIAL.

Temuka Leader, Issue 1110, 19 June 1883, Page 3

COMMERCIAL.

AUCTIONEERS.’ REPORTS. GEDALDINH. Mernrs J. and Co. report sale of stock as follows: At their monthly sales of stock at the Geraldine Yards on Wednesday, the 6th inst., they yarded 480 sheep, 106 head and 26 horses on account of various owners. Crossbred sheep in forward condition realised 9s 6d ; store merino wethers were withdrawn at 6s ; store steers and heifers brought L 5 to L 5 2s 6d; 2-year-olds, 32s 6d ; yearlings, 17s 6d to 21s ; cows, springing and in full profit, L 4 10a to L 6 (for this line there was a good demand and keen competition). Few only of the horses entered changed hands. A few draught foals by Renfrew Jock and other Oiydesdal sires brought L 7 to LlO. - On the same day they submitted,l on account of the mortgagees, two valuable properties in the township of Geraldine. There was better competition than had been seen for this class of property for some time, but the amounts offered not reaching reserves, properties were knocked downto the mortgagees at LIBO each. At Winchester Fair on the Bth they yarded 2o head of cattle and 95 crossbred sheep. The sale proved to be the

dullest over seju at Winchester. From the few lines disposed of they quote L 3 2s 6d to L 5 9s for store cattle in forward condition.

At their Saturday’s produce sale on the 10th inst., at their rooms, Geraldine, there was a good attendance, and prices were maintained, Cheese and onions sold at increased rates, 7d per lb being obtained for the former and 3d for the latter, both being short in supply, They quote beef in the local market 19s per XOOIbj TIIIAEtT. Messrs Maclean and Stewart report for the past week ending Saturday as follows : Horses—There is a fair demand for good young mares and geldings, but owing to fanners being busy with ploughing and sowing, few good sorts are sent in to their yards for sale. About 40 horses were to-day entered, the greater portion ot them being light harness and hacks, which were sold at from LlO to LlB. They quote good draughts at from L2B to L 35 ; medium, at from LlB to L 24.

Sheep-—The demand for store sheep still keeps very dull, and there are few transactions taking place. They have no sales of importance to report, and prices are much the same as last week. Fat sheep are a shade better in price and prime quality mutton may be quoted at about per lb. Cattle Well-grown steers and heifers in forward condition are enquired tor, but young cattle and old cows are very unsaleable. They sold privately a line of 55 well forward steers at a satisfactory price. Fat cattle still keep at a low price, 20s per 1001 b being about all that can be got for them. Wool, Skins, etc.—Tluy held their usual fortnightly sale last Wednesday, when an ordinary entry was received. They have to report a considerable rise in the price of skins this week, and all the lots entered found buyers at an increased price. Full-woolled cross-hreds brought from 3s 8d to 4s Id ; medium from 3s to 3s 7d ; merinos, from Is 9d to 3s. Several bags and bales of wool found purchasers at from 4|d to for crossbred and merino.

AUSTRALIAN MARKETS.

Sydney, June 15. Now Zealand wheat has fallen to 4s 4d, and New Zealand oats to 2s 2d* Maize has advanced to 2s lid. Sugar Company’s No. 1 pieces are £35 per ton. Adelaide, June 15. Wheat is unchanged at 5s to 5s Id, the market being inactive. Town flour per ton, is worth Lll 10s to Lll 15s, and country brands LlO 10s to LlO 15s, the market being dull. The freight market is without quotable change. ENGLISH MARKETS. London, June 15. At the wool sale to-day, 9200 hales were offered. The tone of the market was steady, but the demand was not active. '24,000 bales have been withdrawn from sale since the opening, The fourth series of auctions have been fixed to open on Nov. 20th, June 16. Colonial breadstuff’s continue, dull, and prices have declined. Adelaide wheat, ex warehouse, is quoted at 475, a fall of Is; New Zealand wheat, ex warehouse, has suffered a similar fall and is now quoted at 43s to 46s according to quality. Australian tallow is dull, aud has declined 6d per cwt.; best beet is now at 41s, and best mutton at 42s 6d. At the wool sale on June 16th 9100 bales were offered. The market was steady, but the demand was not active.