COMMERCIAL.

Temuka Leader, Issue 1606, 12 July 1887, Page 3

COMMERCIAL.

AUCTIONEERS' REPORT. TIMARU. Mi* Moss Jonas reports f«u* paa f . fortnight as follows : As usual, at this time of yjir, business generally is quiet, even to dullness. The unfavorable weather has had i decidedly deprm-'sinsr effect and has proved a dragon business in many ways. One bright feature has relieved the general dulnesa. Both sheep and cattle are meeting with excellent markets, and a decided rise in values of both is noted. Point Sale—There was an excellent entry of stock of all kinds, considering the bad weather that farmers had to contend against, and which kept several good lines back. For sheep there was a brisk demand and a clearance of evory line effected at an advance on late ruling rates, of from sixpence to a shilling a head. The top price of the year waH obtained by him for a nica draft of 2-to»th in forward condition, 9s Id being realised. O her lines sold proportionately well, viz., 91 f«t ewes at 7s 7d, 94 at 7s sd, a small mob of boilers at 2s. For cactle, too, there was a brisk competition, especially for cows in milk and apringeri*. He sold these at £5 15s, £5, £4 17s 6d, £4 15h, £4, £3 15a, £3 12a 61, £3 10s, £3 Is, aud £M7« 6«. Two year old steers were quitted at £2 13s. Dry cows were dull of sale and the ''old crocks" entered brought from 25s to 30s each. In pigs, every line also \v.'s dibposed of, baconers at £2ss and £2 10s; others at 15s, 14s 6d, 10s, and 6s 6d.

Property—He reports th* sale of Mr W. F. Christie's farm of 351 ueres at SeadoTru, «t £9 10i per acre, to Mr Gilhatt, of Temuka.

Washdyke Saleyards—The late inclement wither kept back H'iveral good lines of sheep, and the attendance of buyers for both aheap and cattle was not ao good an usual. A Hoe of 280 forward sheep waa sold at 7a t but the demand for fat lines could not be satisfied. For cattle of any description entered there was no demaud.

Sheepskins, etc. to the unfavorable weather retarding drying operations, buyers did not muster ho acrougly as usual, nevertheless he effected a clear nice of all Unas, crossbreds at 4a 3d, 3s 81, 3j 6d ; merinos 2s, Is 91, Is 7d. Privtely, 660 crossbreds at 4s 3i and 4i. Hides have realised 4d, 3£d, 3d, ami 2Jjd, ascordingto weights and condition Butchers' fat 9i and 7s 6d, rough 5\

DUNEDIH STOCK MARKETS. At the Burnisde Yards on' Wednesday the following business was transacted :

Fat Sbeep There w>m a very large atipply forward t')*day, 3912b"ing panned, including 150 mermo wethers. The greater part of the supply were useful to prime, with a few pens hoavy weights. The averaee of prices was about Is per head lower than last week. Crossbred wethers sold at 8s to lis 3d (three pens extra to 12s 3d), crossbred ewes 6m lo Us, merino wether< 5s 6d to 9s 31. Wright, Stephenson and Co. sold for Mr Geo. Morion (Waihao), 60 prime crossbreds at 10-i 9J.--Reid, Mail an, and Co. sold for the executors of the late Mr M. Studuolrne (Waimate esta'e), 92 crossbred ewes at Bs, aDd 34 at 7s 9d ; for Messrs Bourne and M'Donald (Washtyke), 60 crossbreds at 7s 6d.

AUSTRALIAN MARKETS. Sydnby. July 8. New Zealaud wheat is selling at 3s to 3s 61 ; New Zealand oats, Is 9d to 2s 2d ; maizn realised 3s 3d; Sugar Company's No. 1 sugar, &ib per ton. Adelaide, July 8.

Wheat is dull and declining, 3s 101 to 3s lid ; town flour is quoted at £9 10s to £10; ocmitry brands at £8 5s to £8 10s.

ENGLISH MARffKTS.

London, July 7. At to-day’s wool auciion 11,400 boles were offered. A firm tone again prevailed, ftince the opening of the series 21,000 bales have been withdrawn out of a total of 295,800 catalogued. Hops are suffering from drought. July 8. Adelaide wheat, ex s'ore, is quoted et 355; New Zealand wh-at, 34s to 3Gs. Adelaide fl 'Ur, ex store, is quoted at 24s 61.

'lhe total quantity of wheat afloat for the United Kingdom is 1,990,000 quarter*,Bl1 ** f° r tUH Continental markets 851,000 quarters. Australian tal'ow—Average quality beef, 22s 6d ; mutton, 245. New Zealand frozen mutton, prime quality, is unchanged at 3Jt to id. The wool sales to-day were again firm. The catalogue comprised 10,900 bales. July 9. At the wool sales the finest sorts were weaker, consequent on the American demand slackening. Low crossbreds were firm, hut lambs were neglected. Thirty-two thousand bales wer- catalogued, of which 22,00 Q were withdrawn. The wheat market continues deprassed, There is a prospect of a good harvest here, Australian sorts are 6d lower,