COMMERCIAL.

Temuka Leader, Issue 1822, 29 November 1888, Page 4

COMMERCIAL.

AUCTIONEERS' REPORT. TIMAKD. Messrs G-racie, Maclean and Adam report for the past fortnight, ending Saturday, as follows: Cattle—At Washdyke the supply of beet has been very small for some time back, and the result is that butchers have been compelled to buy prvately, a course which they would not be favorable to if graziers would keep up the supply at the yards. We sold for various owners—-4 bullocks at £7 17s jßd; 8 cows at £4 to £sl7s 6d, 18 head store steers and heifers at £4, 9 cows at from £3 7s U to £3 15s, 6 heifers at £2 13s, 28 cows at £2 2s to £2 J2s 6d, 25 yearlings at 19s 6d to 28s, milkers up to £5, and privately we disposed of 30 head prime bullocks and heifers at equal to 19a per lOOlbs. Skins—Our catalogue on the 14th inst. wa» a small one, and although the trade was fairly well represented prices realised were in some instances Is per skin below the former sale. Best bitcherß'' skins sold at 5s to 5s Gd, bast country 4s to ss, pelts 4d to Bd, lambs (small) 6d to lOd, and privately 2300 factory pelts. "We sold to-day at our rooms, by instructions of the Registrar of the Supreme Court, in the estate of the late Edwin James, 100 acres near Gleniti. This property was started at £ll per acre, and was run up to £l6 per acre, at which price it was knocked down to Mr Joseph Blackwore, of Waimataitai. The neitlot—a quarteracre section, Main South Eoad, adjoining Shaw's stables—was started at £350, and ultimately fell to the nod of Mr Melville Gray, at £450.

TIMARU MARKETS. A phenomenal rise in the price of oatmeal has taken place during the past fortnight. On Monday, l6th inst., the price of oatmeal was £lO per ton, and, " by leaps and. bounds," the price went up tp.£ls on'the following Saturday, 24th inat. On Monday the price went up to £lB in the forenoon, in the afternoon it reached £2O, at which price it at present remains. Flour hr selling at £l2 per ton, and we hear of an offer of £l6 per ton having been refused for potatoes within the past day or two. The price at present ruling for potatoes is'£l2 per ton—£l per bag.—Mail.

DUNEDIN GRAIN MARKETS. Dunedin, November 27. Mr Donald Stronach reports having held a sale of oats and wheat. The competition was exceedingly spirited, and keen interest in the proceedings was displayed up to the finish, it being one of the most satisfactory sales held in Dunedin for years, Oats brought from 3s 9d to 4s Id; fowl wheat, 3s B|d to 3s 10£d; milling wheat, 4s 5d to 48 7d—the'latter price for a parcel of 290 sacks. Keid's grain sale to-day was largely attended. The competition for oats was brisker than ever, with an additional'rise of Id to for choice lots. Wheat ruled the same as at last sale. Oatseold at 3s 1 l±d to 4s 2Jd ; wheat, medium, 4s to 4* sd; fur choice quality 4s 7d was paid.