COMMERCIAL.

Temuka Leader, Issue 1938, 3 September 1889, Page 4

COMMERCIAL.

AUCTIONEERS' REPORT, TIMARU.

Messrs Grade, Iviaclean and Co. report for the past fortnight, ending Saturday, as follows: — Horses —We have again to report a small entry to-day, with a brisk demand for draughts suitable for farm work. Good sorts are most saleable, but as very few of that class are offering, buyers are in many instances compelled to suit themselves with medium quality. Hacks are still dull of sale. We quote best draughts at from £2O to £25, medium £l2 to £lB, inferior £8 to £lO. Hacks —Medium, £8 to £lO 10s, light £4 to £6. Sheep—At Washdyke yards there has been but little doing in either fat or stores, business for the fortnight being confined almost entirely to freezers, which have been disposed of privately. Of these we sold 860 at full values, and several lines of butchers’ sheep at 10s 4d to 12s 6d. Cattle—There are no fat or store cattle coming forward at present, consequently for the former butahers are under the necessity of buying privately throughout the district. The demand for stores is limited on account of the scarcity of feed. We sold yearlings at 13s to 18s, dry cows at 30s to 455, springers at £3 10s to £5 15s, and privately 12 head of fat cattle at fall prices. Skins—At our sale on the 21st., our catalogue was under the average. There was a full attendance of buyers, and prices realised were highly satisfactory. Best butchers’ skins sold at up to 6s Id, medium 4s 6d, 4s 9d, ss, to 5s 6d. Privately we placed 4600 factory skins. Messrs William Collins and Co., report a quiet week in the grain market. The following figures can be obtained in Timaru, and we should advise holders to accept. Tuscan can be sold at 3s 3d to 3s 6d, white wheats 3s 3d to 3s sd, red chaff 3s to 3s 3d. Oats, no enquiry; values nominal. A fair business has been done in barley from 3s, 3s 3d, to 3s 6d ; fowl wheat 2s 3d for cracked to 2s 6d to 3s for whole; derwont potatoes 70s to 80s per ton ; ryegrass 3s to 4s 6d ; kidney potatoes 70s per ton, ashleaf and Early Rose do 80s per ton.

ENGLISH MAEKETS. . London, August 30. New Zealand 4 per cent, inscribed stock, 108; market active, Australian wheat, ex warehouse, 40s; quiet. New Zealand long berried, ex store, 38s 6d; business very restricted. Tallow —Bast mutton, 28s to 28s 6d ; beef, 27s to 27s 6d. Sugar, German beet, 14s 9d ; Java, 18s. Aug. 31. Owing to forced sales through the failure of the Magdeburg sugar ring prices are depressed.