COMMERCIAL.

Temuka Leader, Issue 1313, 10 March 1885, Page 3

COMMERCIAL.

AUCTIONEERS’ REPORTS,

GEUALDINB,

Messrs J. Mundeli and Co. report sales for the wtelc ending Saturday, 7th March, 1835 : At the monthly sale of stock in the Geraldine Yards on Wednesday there was an average entry ..of stock yarded, and the attendance was good, the result being that all the stock saleable found buyers at satisfactory prices, The totals yarded were 953 sheep, and 89 cattle. Prices realised were : - Crossbred wethers, in forward condition, 11s ; crossbred ewes, 7s 6d ; merino ewes, 3s 4d to 3s 8d ; crossbred lambs, 7s 7d to 8s sd. The demand is good for sheep for breeding purposes. At Winchester Fair, on Thursday, the heavy rain in the early part of the day prevented stock from being yarded, consequently we have no transactions of any importance to report. Washdyke.— At the opening sale at the Company’s new yards on Friday, there was a large entry of slock sent forward, dealers, and the public generally, showing their appreciation of the enterprise of the Company by being present in large numbers from all parts of the district. The prevailing opinion was that the yards will supply a want long felt in South Canterbury, viz., a public market centrally situated, with ample yarding accommodation, and close to the main line of railway. Although this sale was a little early for farmers, harvest operations not being quite finished, nevertheless a considerable amount of stock changed owners, publicly and privately. Of our entry we topped the market with a line of fat crossbred wethers at!4s Id ; steers, in forward condition, we sold at £6 ; pigs, weaners, 7s. Clearing sales.—On account of Mr Beaman, Woodbury, we sold bis household furniture and effects at prices satisfactory to the vendor. On account of Mrs Mills, Geraldine, we sold her household furniture, there was a good attendance of buyers, biddings coming freely throughout the sale. Produce, etc,, at our rooms ; Cheese, 6|d per lb; chick wheat, per sack, 7s ; binding twine, hemp 8d per lb, manilln, 7d per lb ; flour, per sack, 16s; bran, 4s ; tea, per box, 15s; best white sugar, 4d per lb.

TIMA.KU.

Messrs Maclean and Stewart report for the past week ending Saturday as follows :

Horses.—-With the exception of an occasional buyer for export, the market for draughts and light horses is at present almost neglected, and at their last few Saturday sales no lots of importance have changed hands. Owners are at present busy with their crops, and in consequence few horses are being sent in for sale, but as soon as tbe crops are secured they expect a much better demand. Sheep,—A considerable number of store sheep have been tor sale at the different yards during the past fortnight but on account of values at present being so fluctuating, and also declining, a large portion are turned out not sold, owners preferring to hold rather than accept what is offered. As soon as stubble land is ready for stocking no doubt there will be an active enquiry for breeding sheep, and buyers cannot do better than supply themselves no v, as prices are bound to improve, They have placed privately during the week a grand line of |-bred 4 and 6-tooth ewes, consisting of 3000, to a Southland purchaser at a satisfactory price. They have placed piivately during the week 1200 merino ewes and 600 merino wethers at good prices. Stud sheep—They have to report the sale of 50 2-tooth and 504-tooth Border-Leicester ewes ; also 2 pure-bred BordeNßet'cester rams, at good values, Fat sheep are at present plentiful, and they quote 2J per lb as about values. They have sold privately about 600 crossbred and merino wethers at this quotation. Cattle. —There is co great demand for store cattle at present, although wellgrown bulloqks and heifers find a ready market. At their different auction sales few good lots hive been offered, and they have no change in prices to report, hat cattle—Present values of these may be quoted about I7s6d per lb. They have placed priva’ely 31 bead at about these quotations. Stud cattle—They have to report the sale of almost the only herd of pure-bred Hereford cattle in this district, and they tegrei to say .these are to be sent to Sydney, This small herd, consisting of about 30 pure-bred cows, heifers, and hulls have been purchased by a buyer for the Sydney market, and though these have brought a sat afaotory price here, they have "no doubt they will he highly appreciated where they are going, and will realise handsome prices if tiiey are again offered for sale,

grain markets. TIMARU. Deliveries so far have been light 1 , and quotations are really nominal. Good milling oats may be mentioned at from Ja frAo la 9J, about la 8d being the average price. In wheat there is no movement, but good prime samples of malting barley are in request.

WAIMATE,

Wheat, 2s 81 per bushel ; oats, Is 7d ; barley, 3s 3d ; hay, £3 10s per ton ; potatoes, £2; butter very plentiful and cheap.

AUSTRALIAN MARKETS

Sydney, March 6

New Zealand wheat is quoted at 2s 6d, being a decline of 2d ; New Zealand oats are quoted at 2s 4d, being a decline of Id. Maize remains at 3s 6d. Sugar Company's No. 1 pieces remain at £26.

ENGLISH MARKETS

London, March 6

Australian tallow Average quality beef has declined to 32s 61 ; mutton to 33s 6d.

New Zealand frozen mutton of prime quality is now realising s£d per lb. The total quantity of wheat afloat for the United Kingdom is 2,580,000 quarters.

March 7

The wheat market is quiet. The quotations are, ex waiehou.se, 365. Off coast cargoes have been sold for export at 35s 6id. A purl ion of the cargo by the Valetta has been sold ».t 365; for the remainder 35« has been offered.

Ihe New Zealand Loan and Mercantile Agency Company, Limited, have received the following telegram from their Home office, dated the 3rd inst. “The wool market is uncharged. The wheat market is dull. The total shipments afloat amount to 2,700,003 quarters. Adelaide is worth 35s 6d, and New Zealand 31s Cd per 4961b5, Tuscan is worth 33s 6d per 496ibs; Adelaide, f.a.q., is worth c.i.f. off const, 35s per 480 dis ; ditto, to arrive per iron ship (March bill of lading) is also worth 35s per 4801bs. Tallow market is over-stocked ; mutton ami beef are woith 33s 6d to 33s respectively per cwt. The bather market is unchanged. New Zealand hemp, finest qualities, are in good demand, but common qualities are neglected ; quotations are unchanged.