COMMERCIAL.

Temuka Leader, Issue 1885, 30 April 1889, Page 4

COMMERCIAL.

TIMARU MARKETS,

At auction in Timaru on Saturday, the entries of milling wheat were numerous, but not a line could be quitted, owners’ and buyers’ figures being wide of each other. Oats were firm at the following prices : —Danish 2s 4d to 2s 5Jd, milling 2s 6d to 2s 7d, stout feed 2s sd. Tartarians and duns were enquired for. Fowl feed was in good demand and nearly all the entries sold at Is 9d, 2s, and 2s 3d per bushel; feed barley, 2s fid per bushel; Derwent potatoes, 70s per ton.

AUCTIONEERS’ REPORT,

Messrs Grade, Maclean and Co. report for the past fortnight, ending Saturday, as follows: — Horses —Saturday last being a general holiday, we did not hold a sale on that date. To-day our entry at the Timaru Horse Bazaar was a large one, comprised for tho most part of good draughts, for which the demand was very active, much better, in fact, than we have experienced fur months past. We sold for Messrs Jackson Bros,, E. Hall, E. Evans, A. Mee, and others, 22 draught mares and geldings at—for best sorts £2O to £29, medium £lO to £lB. Hacks—Only a few entered of medium quality,' which sold at up to £9. Drays, ploughs, and harness also sold remarkably well. Sheep—At Washdyke yards entries of fat and stores have been well maintained, the former consisting, with few exceptions, of ewes, for which there has been a fair demand. Stores were represented by every variety, from boilers to first-class breeding, and sales effected are a decided improvement on those of the same period for past two years. At auction and privately we sold 228 lambs at 6s, 199 half-breH ewes at 8s 9d, 300 do do ac 4s lOd, 78 merino wethers af 5s 6d, 73 2-tootb crossbreds at 6s fid, 360 crossbred ewes at fis Id to 7s, 202 crossbred ewes at 8s 3d, 318 do do at fis fid, 42 do do at fis 3d, 438 cull Jambs at 2s lid, 201 three-quarter-bred ewes at fis 6d, 219 do do at 5s 3d, 68 do do at 5s 7d, 26 do do (fat) at fis lid, 206 merino ewes at Is 9d, 12 fat wethers at 10s. Rams —Since we last reported we have sold 81 at from 1 guinea to 2f guineas. Cattle—The number of fat cattle coming to band is not sufficient to supply the local trade, consequently all lots offered meet a good market. Well forward stores are also in demand. We sold for Mr C. Bourn, 12 fat bullocks (small) at £4 7s fid ; for Mr J. M. Greenaway, 10 bullocks at £5 5s to 12s fid; for Mr E. Waddell, 5 bullocks at £5 7s fid, 5 do at £4 17s 6d, 3 cows at £5, 8 steers and heifers at £3 10s to £4, 12 head at £2 18s, 7 yearlings at 335; for sundry owners, cows at £1 10s to £2 15s.

Skins—At auction and privately we disposed of 2300 at current rates. Land—We offered for sale to-day the Mount Harris property, which attracted considerable attention, many buyers from the south being present or represented at the sale, and after keen competition it was ultimately knocked down to the bid of GK E. E. Schultz, Esq., at the sum of £8550. We have to report a considerable demand for properties of this sort.

CHRISTCHURCH GRAIN MARKETS

At auction in Christchurch on Saturday the following were the prices realised Wheat, 16 sacks at 2s 9d per bushel, 5 sacks at 8s per bushel, 6 sacks at 2s 7d per bushel, 15 sacks at 3s 2d, 4 do at 3s Id, 18 do at 3s, 13 do at 2s 9d, 27 do at 2s Gd. Oats.—4o sacks at 2s 7d per bushel, 84 do at 2s 6d. Potatoes. —£2 to £2 2s per ton. Onions.— £9 10s per tons.

AUSTRALIAN MARKETS

Sydney, April 26

There is no business of a speculative character in wheat, but enquiries are

more numerous in the country district 8 for delivery next month. New Zealand potatoes £3lss to £4 14s, Circular Heads £4 10s to £4 15s ; Sugar —China whites, £2B 10s. April 28. There was a spirited competition at a sale of produce from New Zealand by the Wairarapa. Prime oats realised 3s 5d to 3s 6d; heavy feed, 3s 2f dto 3s 4d; medium 3s Id to 3s 2d. Wheat, tuscan, 4s lOd to 4s lid; Hunter’s white, 4s 6d to 4s 9d; velvet and pearl, 4s 4d to 4s 6d. Onions, £l4. Bran, Ilf dto Is. Barley, good, 3s 6d to 3s 9d ; inferior, 2s 9d. Adelaide, April 26. Wheat —Very quiet and unchanged. April 26. The demand for grain is moderate, Not much business is reported. Medium wheat 5s 7d. Best lots at auction sales were passed in, A large line of China white sugar was sold at £26 10s. New Zealand short seed oats 3s lid.

ENGLISH MARKETS

London, April 25,

The wool market is spirited, with an upward tendency. The price of frozen mutton and beef remains unchanged. The tallow market is firm. Best mutton tallow has advanced Is since last week, and is now quoted at 27s 6d to 28s ; best beef tallow has advanced 6d, and is now at 26s to 26s 6d. German beet sugar shows a decline, and is now offered at 23s 6d per cwt, Ox-hides remain firm, being now quoted at 3fd to 3f d per lb. Galvanised iron, Gospel Oak brand, has declined, and is quoted at £l6 per ton. The tone of the money market is quiet, April 26. New Zealand 4 per cent inscribed stock, actiye at 104^. Australian wheat, ex warehouse, 39s 6d. New Zealand long-berried, ex-store, 395, Best No. 1 Scotch pig iron f.o.b. in the Clyde, 44s 6d. April 27. The wool sale remains very firm, and there is a large attendance of buyers