COMMERCIAL.

Temuka Leader, Issue 1198, 1 July 1884, Page 3

COMMERCIAL.

AUCTIONEERS' REPORTS. TIMARU, Messrs Maclean and Stewart report for the past week ending Saturday as follows : Horses—46 horses, draughts and hacks, were to-day offered at their yards for sale, a good portion of them being heavy draughts. They have to report a very dull demand for all kinds, and prices offered not being according to owners' ideas of values, but few lots were sold. They sold 16 head at, for good draughts, £lB to £22 ; light and inferior, £l2 to £ls; ordinary hacks and light harness horses, £6 to £l2. Sheep—Shere are a few lots of crossbred breeding ewes at present changing hands, but in almost every instance sellers are losing on the transactions. There is also an enquiry for merino wethers suitable for feeding off. Owners are endeavoring to hold on as long as the feed lasts, in the face of the low prices offering. They have had no auction sales during the week. Eat sheep are getting not so easy to be picked up, and owners are holding out for full rates, in view of the probable rise which may be anticipated in two or three months. Values may be quoted at from 2d to per lb. Cattle—No business is being done at present in store cattle, this description of stock being apparently almost altogether neglected in the district, unless where the ground is unsuitable for sheep. Fat cattle will doubtless improve in value, and owners, if able to keep them in prime condition during the next two or three months, will be able to command a fair price. At present values are from 15s to 17s 6d per IOOIbs.

ENGLISH MAEKETS. London, Jubg 27. The total quantity of wheat in transit and shipping for Great Britain is 1,870,000 quarters, a decrease of £ 180,000 quarters during the week. Adelaide wheat ex store remains at 40s, and New Zealand ditto at 34s to 40s. Adelaide Hour ex store is at 28s. Australian tallow of average quality —Beef 35s 6d, mutton 375. Prime New ZealaDd mutton is quoted to-day at 5d to sld. June 27.

Three coapt cargoes of Australian wheat have been sold for the Continent at an average of 41s 3d, and two cargoes on the passage at 395, Store wheat is quoted at 41s, but the demand is inactive.