COMMERCIAL.

Temuka Leader, Issue 1920, 23 July 1889, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORT. GERALDINE. Messrs J, MtmtMl and Co, report sales for the week ending Saturday, 20ih July, 1889, os follows At the Geraldine yards on Wednesday, the entries for the day were up to the average, and we have to report a sound business, especially in sheep, every lot on our books being sold at prices satisfactory to owners. Ihe totals yarded were—33B2 sheep, 34 head of cattle, and 25 pigs. Prices realised during the sale are : Sheep Crossbred wethers and maiden ewes, 2 and 4 tooth, 14s Id ; crossbred ewes, fat, 9s to 8s lid ; cull crossbreds, 6s 8d to 6s; hoggets, 9s to 8s lid. Cattle —Cows, fat, £4; steers and heifers, forward stores, £3 Us ; cows, springing, £3 17s Sd to £2 12s 6d; yearling steers and heifers, £1 5s to 18s. Pigs—Bacon sorts, £2 5s to £ll2s; stores, 14s to 7s. Our next sale at Geraldine yards is on Wednesday, 7th August. TIMAKU. Messrs Grade, Maclean and Co. report for the past fortnight, ending Saturday, as follows: — Horses —We have again to report an exceedingly small amount of business done, owing to the fact that there are very few draughts coming forward for sale. At the same time there are more buyers attending our yards at present than we have seen for twelve months, and anything fit for ploughing is saleable at full values. Several intending buyers were unable to get their wants supplied to-day. In light horses there are only weedy sorts offering, for which there is no demand. We quote medium draughts at from £l2 to £18; inferior and aged, £6 to £10; hacks, nominal. Sheep—At the Washdyke yards entries have been light, and, although values have not recovered the decline which took place two weeks ago there has been a considerable amount of business done in fat and three-parts fat sheep. We have buyers at present for both of these. We sold on account of sundry owners—-114 2-tooths at 11s Id to 11s 2d, 166 wethers and ewes at 12s 7d, 35 fat ewes at 10s 3d, 160 do do (small) at 6s 6d, 50 ewes in lamb at Bs, 40 do do at 10s, 95 ewes 1 and lls to Us Id. We also disposed of, privately, 650 prime freezers and 140 breeding ewes. Cattle —Only a few head were yarded at either of the last sales. The demand for stores is limited, but in a few weeks from date graziers will be on the move again to get their paddocks stocked. We sold two fat cows at £6, 2 do do at £3 9s, 3 springers at £3 to £4 10s, and privately 35 head prime fat bullocks and cows at equal to 18s per 1001 b. Skins —At our sales on the 10th we catalogued 650 crossbreds and merinos. The usual buyers were in attendance, and full rates were obtained for every lot. Best crossbreds sold at from 5s to 5s 4d ; second, 3s 6d to 4s 9d; light, 2s to 3s; merinos, 3s 6d to 4s 9d. Hides —Wo sold 52 at former quotation?.

Messrs W. Collins and Co., Timaru, report for the week on the market as follows: Wheat—Holders are getting more elastic in their views, and as a result several large lines were sold during the week. Tuscan is worth 3s 8c!; hunters' white and pearl, 3s Id to 3s 3d ; red chaff, 3s ; fowl wheat, 2a for broken and 2s 6d to 2s 9d for whole.

Oats —There are no transactions of any great magnitude to report. Holders and buyers cannot agree as to price. Potatoes were in good demand at 90s per ton. That figure was given for two prime picked lots, f.o.b. the Tekapo and Janet Nicoll. The tuber promises to be worth money in August and September. Eyegrass, 2s9d'to 4s 6d; bacon, 7d; cheese, 4|d to sd.

AUSTRALIAN MARKETS. Sydney, July 19. The deliveries o£ grain for the week are—2os tons o£ flour from Victoria ; 194 tons of flour and 320 tons wheat from Adelaide j 112 tons flour and 150 tons wheat from New Zealand. ENGLISH MARKETS. London, July 18. Australian wheat, ex store, 89s 6d, with the market firmier ; New Zealand long-berried, ex store, 88s 6d. Sugar, German beet, 22s 6d. The market is weakening. No. 1, best; Scotch pig iron,f.o.b. in the Clyde, is firm at 44s 9d. July 19. New Zealand frozen-mutton, 5d ; lamb, 7id; Sydney mutton, 4£d; beef, forequarters, 3d; hindquarters, 4id. Nine hundred bales of New Zealand: hemp were sold by auction to-day. Fair qualities realised £2B, and fine £32 6s. Tallow—Mutton, 28s; beef, 26s 6d to 275, Sides, 83s 8d to 31s 2d. The money market is quiet, and rates remain unaltered. i