COMMERCIAL.

Temuka Leader, Issue 1631, 8 September 1887, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORT. GERALDINE. Messrs J. Mundell and Co, repors sales for the week ending Saturday 3rd Sept., 1887, us follows At the Geraldine monthly ‘sale on Wednesday the entry was an overage one, and the quality of the stock generally was tho best we have yarded for several mon hs, snd tho prices realised were very satisfactory to vendors. 'The number yarded were 2092 sheep, 6 pigs, and 109 cattle. Prices realised were—

Sho^p—Fat crossbred, mixed sexes, 10s, 10s 3d. to 10s 9d ; crossbred hoggets, 5s lid, 6s, 6s 6d, 7s 4d, fs6d, 7s lid. to 8s ; crossbred ewes in lamb, 6s; 2-tooth crossbreds, 8s Id ; merino ewes in lamb, 2s 10d to 4s 6d, Pi^ B _Bmall stores, 8» ; sows for breeding purposes, £1 4*. Cattle—Cows, fat, £6 ; light weight steers and heifers* ±4, £4 ss, £4 12s 6d, to £4 15s ; forward store steers and heifers, £3 5s to £8 12s 61 ; two-year-old steers aod heifers in low condition, £2 5s to £2 1(L; yearlings, £1 ; cows, springing, £3 5s to £3 7s 6d. Sheepskins—At our Rooms, Geraldine, on Monday, we held a most successful sale of skins, every line being sold at the following prices, viz. : Crossbreds, 4? IQd, 5», 5s Id, to 5 < 4d ; merinos, 3s to Ss 2d ; farmers’ lots : crossbreds, 3s 2d, 3s 3d, to is 6d ; light merinos, la 7d.

TIMAEU. Mr Moss Jonas reports as follows : The dullest lime of the year has now passed, and he is. happy to report that there already seems to be some improvement in business. A feeling generally prevails that an end has come to real bad limes, and that from the present time forward things will improve. Farmers certainly should rejoice that beef and mutton maintain their present values and are likely to do so till after shearing, at any rale, and even then no serious fall can occur. Regarding wool, his advices from Antwerp are satisfactory. His agents there writing under dale of 15lh July say :—“ We may add that when comparing our sale with the valuations we received from London on sending postal types, we find that we exceeded the average values. London sales closed firm, although the edge seemed off for crossbred, on account of the collapse of the American enquiry.” Extensive freezing chambers for the storage of frozen meat .hav* been erected at Antwerp, and already 8000 carcases of mutton, chiefly from New Zealand, had, at the date of last letter, b«en stored, and he is advised “ the meat, which appear# in good condition hoc* of firm-rate quality, will by and by fin'd its way into consumption, considerable interest being evinced by Ibo public relative to this shipment, although sales at present are slow, us could not be expected otherwise on the introduction of a now article. Yet the interest which the public seems to bestow on ibis article warrants the expectation of an ultimate although probably gradual success.” So much for a nt w market now open for wool and moat. ‘ The importance to farmers of opening up new nutlets for their produce must be bis excuse for the long quotation from his friend's letter.

bbeep and Cattle—Torre was a fair entry of stock at the las' sain at the Somh Canterbury Saleyards. He sold 70 hoggets at Os lOd, 84 crossbred ewes and wethers ei Bs, 446 at 8s 81, 246 at 9*, 152 at 10s, 62 at 10- 61, 41 at 18a 9d, 43 at 14s, 3 heifer- sn £5 15*, 3 springers at £4 and £4 15 s, sod (privately) 300 ewes and wethers at 10s 6d, and 60 at 9a. Sheepskins—At bis last fortnightly sale a clearance was made of all linns at such prices as to satisfy sellers. There WsS a num-rous attendance of buyers, and some choice lots were keenly competed fur. tie sold ui'-rinos at Is 4d to 4s 31; crasabreds, 2s 91 to 5s Sd ; pelts, 61 ; bides, 2-|d to quotations. ENGLISH vi AHi K” tSXS, London, Sept. 5. Adelaide wheat, offcoas- cargoes, are reading 30s 4-|l. New Zealand wheat, ex store, is quoted at 31s to 33s according to quality, Adelaide flour is 24l TL - market rale of discount has advanced to 3-g. Bank rate remains at 4 per retr. Australian tallow, average quality, beef 23* 6 I, mutton 255.