COMMERCIAL.

Temuka Leader, Issue 1788, 11 September 1888, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORT. GERALDINE. Messrs Webster and Macdonald reports as follows on the Geraldine monthly stock saleWe "have still to report a considerable advance in prices of all classes of sheep, and with a large attendance of outside and home buyers there was a keen competition for all lots offered, and prices advanced during the last month from 2s 6d to 3s per head, this sale being the best, as regards prices, since some years. We are glad to say, with the present export of frozen mutton and good tone of the wool market, also the continued rise in wheat and oats, there is very good prospects for the fanners, and we trust the wave of depression is over. Sheep—We sold prime fat wethers at 15s sd; cull crossbred ewes, at ss; merino ewes at 4s Id.

Cattle —Pat cattle at prices up to £5 3s 6d; good stores, £3 10s up to £4; and yearlings up to 23s 6d. Private Sales—We placed privately during the month 1000 fat sheep from 12s to 15s, and 2800 hoggets, ranging in prices according to quality, from 7s to 10Sj also 1400 merino ewes from 3s lOd to 4s 6d.

Sheepskins—We held our monthly skin sale at our rooms on Monday, 3rd September. There was a good attendance of buyers. Farmers’ merinos fetched from Is 8d to 2s fid; crossbreds from 4s to 4s 8d; and a good line of butchers’ crossbreds at 5s sd. , TIMAKU. Mr R. R, Guinness (for the Nc-w Zealand Loan and Mercantile Agency Company, Limbed) reports for the week ending Saturday, beptemher B'h, as follows : Washdyke Yards—Fat Cattle:. At these yards there was a great improvement in the numbers brought forward, and the quality being good elicited keen competition, every lot selling at prices ranging from £6 up to £Bl2s fid for prime bullocks. Stores: The price of this class of stock is at present low, and only small numbers are beiug yarded, but we predict shortly a good inquiry for all classes when the spring is a little more advanced. Sheep: We have again to report small entries at the weekly sales. The market for both fat and stores remains active, and every hoof brought forward finds buyers at full rates. Fair quality half and crossbred ewes and wethers brought 15s to 15s 4d, and fat ewes up to late quotations. At the Washdyke yards on Friday, 7th inst., we held a special sale of horses, drays, implements, etc. There was a large attendance of buyers, and everything offered sold remarkably well. Best horses brought £l6 to £2l; old and inferior sold from £3 up to £10; D.F. ploughs from £5 to £l2 a-piece; and harness, etc., at very satisfactory prices. Sheepskins and Wool—At Wednesday’s sale there was a full attendance of the fellmongers, and in consequence prices were well maintained. We dleared our catalogue, which was a large one, at the following prices:— Best butehera’ crossbreds, 5s fid to 6s; second quality, 4s Od to 4s lOd ; best merinos, 5a to 6s 3d (the latter prices being obtained for an especially well-woolled line on account of Mr Elworthy); and country skins, by the lb., brought for extra clean and light fid to 7d per lb., ordinary 4d to 4|d. We have also disposed of 5000 factory skins privately at full market rates. Wool: 3 bales good trimmings, fid per lb. Hides—The market is somewhat weaker and prices have receded a little. We have cleared all bn hand at about late quotations. Tallow and Fat—Good fat butchers’ is worth 9s to 10s fid per cwt., and rendered Ifd per lb. At the above prices we sold all to hand.

timaru markets. Wheat —Prime milling velvet and tuscan, 3s 4d ; red chaff, 3s 3d; squarehead, 3s Id to 3s 3d; whole fowl wheat, 2s 3d to 2s 6d; broken do, Is 9d to 2s, all ex store. Oats Prime milling, Is lOd to la lid; good short feed, Is 9d to Is lOd; heavy danish, Is 8d to Is 9d; fair average, Is 6d to Is Bd. Stocks are not large: Barley—Little business transpiring. Malting, nominally, 3s Gd.

ENGLISH MARKETS. London, September 5. A cargo of Australian wheat has been sold at 40s 3d. New Zealand mutton has experienced a decline, and is now quoted at 4fd. The American visible supply of wheat is 29? million bushels. The quantity of wheat and flour afloat for the United Kingdom is 1,952,000 quarters, and for the Continent 628,000 quarters. September 6.

The local woollen trade is inactive all over England. Prices are depressed in consequence, and any material rise in wool is unlikely. It is hoped, however, that values may be maintained. Ic is expected that 235,000 bales will be available for the next series.

September 7. Six thousand quarters of Adelaide wheat have been sold at 41a 6d, and two cargoes at 40s. Australianjfrozen mutton is quoted at 4fd per lb. Hides, 3|d to 3,|d. September 8. Tallow, best mutton, is quoted at 28s per cwt., and best beef at 275. There is a general advance in the iron market, and the latest quotation is 46s 9d. Australian wheat, ex warehouse, realised 4ls; off coast cargoes from 40s to 40s 6d; New Zealand long berried, 41s 6d. Australian flour, 27s 6d. New Zealand hemp, £26 to £26 10s.