COMMERCIAL.

Temuka Leader, Issue 2117, 28 October 1890, Page 4

COMMERCIAL.

AUCTIONEERS' REPORTS.

GERALDINB

Messrs J. Mundell and Co. report sales for the week ended Oct. 25th 1890, as follows:

At the Temuka live stock market on Tuesday the total yarded were 2200 ebeep, 106 cattle, and 99 pigß, and, with the exception of a few small lines, the whole of the entry sold at the following satisfactory prices, viz : Sheep Crossbred wethers and maiden ewes, fat, 18s 3d, 17s 6d, 17s 3d to 17s ; crossbred wethers and maiden stores, 15s, 14s 6d, 14s 3d, to 14s ; three - quarter - bred hoggets, 14s 6d, 13b Bd, to 13s; medium hoggets, 12s 6d, lis to 10s 6d; merino wethers, fat, lis 6d to 9s 6d ; crossbred ewes with lamb at foot, 14s 3d. Cattle—Cows, fat, £5 15s, £5, to £4 10a ; cows in profit, £3 10s to £3 ; 2-year-old steers and heifers, £2 5s to £2 ; yearlings, £1 5s to £1; calves, 18s to 10s.

Pigs Bacon sorts, £1 os to £1 2s 6d ; porkerß, 18s, 17s 6d, 17s, 16s 6d to 15s 6d ; strong stores, 12s 6d, 12s, 9s 6d to 9a; small do, 6s 6d to 6s; weaners, 5s 6d to sa.

Wool, Sheepskins, Hides, Bough Fat, and Tallow—On Wednesday we held our usual sale of the above at the stores of the National M. and A. Co., N.Z., Ld., Timaru. Prices fluctuated considerably. Butchers' crossbreds sold from 4s 7d to 6s 3d; merinos, 3a 6d to 5s ld ; hides and rough fat a 1 late rates.

Land—During the week we have sold privately 150 acres close to Geraldine at a price to be withheld, but satisfactory to the vendor. We submitted to public auction on account of Mrs Earrell, one acre of land in the Geraldine Town District, with stable thereon. This property was withdrawn at a bid of JGIIO.

TIMARU.

Messrs Gracie, Maclean and Co. report for the past fortnight as follows : Horses—At the Timaru horse bazaar our entries have been fairly good for this time of the year, but there are not many of any class changing hands. Most probably buyers are holding off for the sale at the Washdyke on the 31st inst. We have placed a few draughts and medium hacks at the following prices:— Draughts: Good sorts at £ls to £22 10s, inferior at £6 10s to £lO 10s ; hacks up to £4 10s, light and weedy at £3 to £6. Sheep—At Winchester monthly fair on the 14th inst. over 4000 sheep were yarded. There was a large attendance of farmers and dealers, ind a considerable number of sale 3 were effeeted. Our entry comprised 2800, of which we sold 40 merino wethers at lis 3d, 97 crossbred hoggets at 143 sd, 162 maiden ewes and wethers at 10s, 197 do do at 15s 6d, 620 prime freezers at 17s to 18s 6d, 691 halfbred hoggets at 13s 9d.—At Washdyke yards on the 23rd inst. over 1000 fat and store cattle were penned. Business, however, was quiet, and only a few small lots were disposed of. We sold fat ewes at 13s 5d to 15s 6d. Cattle—There has been no beef offering at the yards for some time, and butchers are compelled to hunt round the country for supplies to keep their trade going. We have sold privately 21 head at equal to 25s per 1001 b. Stores are also in better demand, tcore especially steerß from 2\ to 3 years. Eor theße we have several buyers. At Winchester we sold steers at £2 15s to £3 17s 6d j

heifers, £2 to £2 ss. At the Washdyke we sold yearliDgs at 10a to 15s, heifers at £2 17s 6d to £3 7a 6d, dry cows at £1 5s to £2 ss.

Sheepskins—At our fortnightly sale on Wednesday last prices realised were about the average of the former sale. We sold 1941 skins at—for best croßsbreds 5s 6d to 6s 7d, second quality 4a to ss, light 2s 6d to 3s 6d ; merinos 3s 6d to 5s Id, and 505 Ireeeers at full rates.

Pat— We disposed of 3£ tons rough fat at lis to 14a.

Messrs William Collins and Co. report a good attendance of buyers at their regularly weekly produce auction on Saturday. The entries of wheat, oats, and pigs were numerous, and found buyers at the following figures : —Fowl wheat, 2s 5d to 2s 8d per bushel for clean samples, lower sorts 5s 9d to 7s 9d per sack ; oats, Is 3d per bushel; pigs, 7s 9d to 14s 6d each. Dement potatoes, picked over, only sell in small lots at 2s 6d to 3s per sack.

CHRISTCHURCH CORN EXCHANGF

The following is the Corn Exchange report (per N. P. Meyers, Secretary), for the week ending Friday, October 24th :

The market in all cereals is without animation. No transactions of any magnitude have come under notice during the week. At this time of ithe year but little business is generally doing in thejgrain trade, but the week just passed has been abnormally dull. Eeports from the country are favorable as to the recent rains upon the growing crops, though the exceptionally high winds that have prevailed have in places somewhat damaged the flag of the young wheat plants. Quotations are as follow :

Wheat—Tuscan, 3s 6dj pearl, 3s 4d ; hunters, 3s 3d. Oats—Milling, Is 7d ; short heavy feed, Is 5d to Is 6d ; inferior and discolored, l 8 2d to Is 4d. Barley—Prime malting, 3s 3d; feed, Is 6d to Is Bd. Beans, 2a 6d. Peas—Prussian blues, 2s 9d to 3a ; feed sorts, 2a 4d ta 2s 6d. ; Grass Seed—Ryegrass: Machinedressed, 5s to 5s 3d. Cocksfoot: Heavy seed, 4Jd to 4f d. Dairy Produce —Butter: Prime, keg* 7£dtoßd. Cheese: Small-loaf shapes, 4d ; larger sizes, 3d to 3|d. The above price are those paid to farmers for delivery, f.o.b- Lyttelton, sacks extra.

ENGLISH MARKETS

London, Oct. 23

The Times says that the Ecclesiastical Commission is making large purchases of colonial stocks in preference to consols.

The feeling on Exchange is much improved. Three hundred and eighty bales of New Zealand hemp have been sold, fair quality realising £l9 per ton. Galvanised Iron—G-ospel Oak brand has improved 5s per ton, and now quoted at £l7. Quotations for frozen meat are unchanged. Oct. 24.

The Bank of England returns published to-day Bhow the total reserve in notes and bullion to be £11,518,000. The proportion of reserve to liabilities is 34.94.

New Zealand 4 per cent, inscribed stock, 102|; 3i 93f. South Australian wheat, 38s, market quiet; Victorian do, 37s 6d, firm ; New Zealand long-berried do, 86s 6d, steady. Sugar—Best German beet, 13s, quiet; Java, 15s 3d, nominal. Three months' bills are quoted at 4|- per cent.