COMMERCIAL.

Temuka Leader, Issue 1435, 1 December 1885, Page 3

COMMERCIAL.

AUCTIONEERS’ REPORT. TIMARD. Messrs Jonas and Bourn report for the past week ending Saturday as follows : Brighter prospects i« the wool market and hardening prices and improving tone for cereals have no doubt had effect, to greater or less extent in making things better in South Canterbury. Whatever may be the cause, the fact remains that business of all kinds is much brisker than it has been, and is steadily improving. Sheep are in fairly good demand, and fat and store cattle find good competition. Even horses, so long a drug and once so difficult to place, are now moving off much more freely. Cattle—At their regular fortnightly sale at the S.C. Yards there was a very superior entry of steers, both fat and store, and the market will be better understood when it is known that of the seventy-nine head entered, not on© was turned out unsold. They sold 4 at £8 ss, 4 at £B, 4 at £7 7s 6d, 8 at £7, 5 at £6 7s 6d, 3 at £6 ss, 6 at £6, 6 at £5 10s, 8 at £5 9s, 12 at £4 18s 6d, 9 at £4 £4 15s 6d, and 10 at £2 17s 6d. At the same sale they sold 6 cows, 1 at £6 10s, 2at £6 15s, 2 at £6, and 1 at £5 10s. Privately during ttie week they have sold 30 head of steers and heifers at £6 6s, and 30 bead at £4. Sheep—A small entry only came forward for the last regular fortnightly market at the Washdyke, They sold 38 crossbred wethers at 14s, 30 merinos at 9s 6d, 84 half-bred hoggets at 7s 6d, and privately, 400 at Bs. Pigs—They have sold by auction and . privately about 300 small stores at from 5s to 8s fid. Sheepskins—The heaviest catalogue of the season came before buyers at their last sale. There was a good attendance and complete clearance of every line made, at for crosssbreds, 2s 6d to 4s 3d ; merinos, Is 91 to 3s 4d ; lambs, 5d to fid ; pelts, 3d to 4d ; hides, 2§d to 3fd ; calfskins nominal. Fat, Id to l^d. Horses —As before noted they have improved in demand, and on both last Saturday and to-day a large percentage of their entries changed hands. They have sold good draught mares at up to £26; geldings, £23 ; hacks, £6 to £8 10s; spring traps, harness, drays, etc., at values. TIMARTJ MARKETS. Mr W. Evans reports a quiet week’s business in the grain market. This he ascribes to the Australian markets being for the present well supplied with New Zealand produce and the entire absence of speculation, as has been the rule in former years about this time. Millers and grain factors are only buying now for actual requirements. He quotes best milling wheat as slightly firmer, viz,, from 3s 2d to 3s sd, aod scarce ; but a good supply of second quality wheat is still held in store which can be had at from 2s lOd to 3s ; fowl corn is entirely cleared out, any parcels that may come forward will meet with ready sale at up to 2s 6d per bushel. Oats—Danish and Tartarian of good quality, Is 9d to Is lOd; inferior, Is fid to Is 8d; short bright milling, Is lid to 2s. Feed barley, 2s to 2s 6d ; malting, 2s 9d to 3s 3d ; bags, 6d each ; potatoes, 40s to 45s ; bran, 80s; sharps, "85s (bags included), all f.o.b. Terms net cash. AUSTRALIAN MARKETS. Slydnby, Nor. 27. There has been a general increase in the values of grain since last week’s report. New Zealand wheat has further advanced by 2d per bushel to 3s 5d ; New Zealand oats, 2s 4d, Id dearer; maiae, per 661 b, 2d higher, viz., 4s 2d; pollard, per bushel, Is 2d. There are no potatoes in the market. Adelaide, Nov. 28. Shipping wheat has declined one peony per bushel since last report but prices are now steady at 3s lOd to 8s lid. Town flour ranges from £8 10s to £8 15s per ton while country brands show a marked improvement, and are quoted at £8 to £8 2s 6d per ton. The Messageries Maritimea s.s. Caledonia arrived here last night with English mails dated Oct. 20(h. She brings Mauritius reports to Nov. 13th. Under that date ‘Messrs Ireland, Fraser and Co. report on the sugar market as follows “ The weather has been very favorable lately, and the crop has been harvested in good conbition. It is expected to be considerably below the average, and il is feared is oven below the estimated yield of 100,000 tons. The month’s clearances for New Zealand porta comprise, for Christchurch 300 tons and Dunedin 300 tons. The month’s engagements are for Christchurch 300 tons and Dunedin 400 tons. Freights to Australia are 17s to 25s per ton, and New Zealand 25s to 30s; exchange 60 days ; Bank credits, sellers 29 per cent, buyers 26 per cent. Tlie stock of sugar on hand is 29,000, tins, and the export to New Zealand this season has been 1500 tons.” ENGLISH MARKETS. London, Nov. 27. The New Zealand frozen mutton has again fallen. The prices now being realised are 4d to 4jd per lb. Wool—9ooo bales were catalogued at to-day’s sales, and the tone of the market was. generally speaking, firm. Nov, 28. The wheat market is still dull, and there is but little alteration in the quotations. Forward shipments are a shade lower then when last quoted, Oft-coast cargoes have been sold at 35s 9i and 25s fid respectively. For the wool sales 97,000 bales were catalogued, of which 7000 were withdrawn. Only small quantities were offered, and the biddieg was strong. Scoured sorts were, however, a little weaker. The year s export from the River Plate is equal to a million bales.