COMMERCIAL.

Temuka Leader, Issue 1147, 11 September 1883, Page 1

COMMERCIAL.

—,. ♦ AUCTIONEERS REPORTS. TIMAUTT. Messrs Maclean and Stewart report for the past week ending Saturday as follows : Horses—A small entry of horses' was to-day booked for sale at their yal'ds, about 35 having been offered. Ibey report a good demand for young draughts, and satisfactory prices; are obtained for these. On account of Mr E. Evans, Pareora, they to day submitted a team comprising 7 first-class mares and geldings, »nd sold, mill] one exception, the lot at prices ir mi L 23 to L 32. They also sold a number of other draughts at from L2O to L 26. For harness horses and hacks at present the demand is dull, and unless those offered have something specially to recommend them, low rates are current. On account of Mr G. C. Miles, they to-day sold his well-known hunting mare Glenrowan at L 32, Mr Brownj being the purchaser. They also quitted a few hacks at from LJO to Ll 4.

Sheep—There is little alteration in the demand or price for store shoep since they last reported. The welcome rain which fell during the week will cause the grass to spring rapidly, and

consequently will tend also to improve sheep .Lm

they yarded about 1000 crossbred hoggets, but only succeeded in placing a line of about 250 at 10s 6d. They have also placed privately during the week a mob of about 400 merino ewes at a satisfactory figure. Fat Sheep—Prices for prime quality are on the increase, and owners are holding out rather than sell at present, in the anticipation of a still further rise. They quote prime mutton at about ,2|d per lb.

Cattle—They offered at Studholme Junction sale, last Monday, a line of about 60mixed cattle, but prices offering were considerably under their value, aud they were passed in. The demand is dull, feed being as yet scarce, but business will begin to improve as spring advances. Fat Cattle—There is little change in the market during the week. Good beef is worth about 25s per lOOlbs.

Woo), Skins, Tallow and Hides.— They held their usual fortnightly sale last Wednesday, at which they catalogued.llso skins, a few bags, and 1 bale of wool, 12 sacks tallow, and a number of hides. They report a falling off in prices for 6kin3, of nearly 6d under prices current at their former sale. They sold best quality half-bred ■ and merino skins at from 3s 3d to 4s 4d ; medium, at from 2s 3d to 2s Bd. Odd lots of cross-bred wool sold from 4d to 6d. Tallow, from 2d 2§d. Hides, from 3d to 3£d per lb. AUSTRALIAN MARKETS. Sydney, Sept. 7. New Zealand wheat remains at 4s 3d per bushel; New Zealand oats hare fallen 2d, and are now quoted at 2s 3d ; maize, 2s lOd ; Sugar Company's Ho. 1 pieces, per ton, £35. Adelaide, Sept, 7. Tli3 wheat market is quiet, and no business is doing ; quotations remain at 4s lid to ss; town flour, per ton, is at Lll to LI 1—56 ; and country brands LlotoLlo ss. ENGLISH MARKETS. London, Sept. 7. ■ Adelaide wheat, ex store, 47s ; NW Zealand wheat, ex store, 43s to 465. Adelaide flour, ex store, 33r. The total quantity of wheat afloat for the United Kingdom is 1,681,000 quarters. Australian tallow—Best beef, 40s; best mutton, 41s. Sept. 8. The catalogue at to day's wool sale comprised 94C0 bales. The market is ' dull. Later. The wool sales are continuing. One hundred and eighty-eight thousand bales have been catalogued, and ; ."twenty-two thousand bales 'withdrawn../ The values , are unchanged, and the market is weak owing to the small demand for the Continent. Messrs Schwartz and Co., attribute the action of the foreign buyers I in abstaining from purchasing to the unsatisfactory condition in which most of the Australian wool reaches the market.