COMMERCIAL.

Temuka Leader, Issue 2161, 10 February 1891, Page 4

COMMERCIAL.

AUCTIONEERS’ REPORTS. GERALDINE. Messrs J. Mundell and Co. report sales for the week ended February 7, 1891, as follows : At Geraldine Live Stock Market on Wednesday we yarded 1500 sheep, 48 cattle, 65 pigs, and sold all the sheep and pigs, also a few lines of cattle at the following quotations, viz : Sheep Crossbred wethers and maiden ewes, 4-tooth, 12s to 13s 2d ; merino wethers, fat, 7s 6d ; crossbred ewes, fat, 7s 6d to 8s ; balfbred lambs* 9s 9d ; three-quarter-bred wethers and maiden ewes, 2-tooth, 10s 3d, 10s 6d, 10s 9d, lls, lls 6d, to 11s 7d; halfbred wethers and maiden ewes, 9s to 10s 3d.

Cattle—Steers and heifers, fat, £5; yearlings, £1 to £1 6s ; dry cows, £1 to £lloa. Pigs—Porkers, 15s to 16a; strong stores, 10s to 10s 4d; weaners, 6a to 6s 9d. Clearing Sale—Associated with H. B. Webster and Co, we held a clearing sale at Moana, by order of the Deputy Assignee, in the estate of B. Bayley, a There was a large attendance of buyers, competition good, the result being a most satisfactory sale. TIMARTJ, Messrs Gracie, Maclean and Co. report for the past fortnight as follows :

Horses —At the Timaru Horse Bazaar our entries have been small. The draughts offering are not the class wanted for harvest work, and only a few weedy backs put in an appearance. Young sound draughts are enquired for and would sell up to £2O. We quote medium to good at £ls to £22 10s, inferior and aged at £8 to £l2. Hacks —medium up to £l2, light, and weedy £3 to £B. Sheep—Owing to the abundance of grass and stubble feed, and the prospect of an extraordinarily good turnip crop, young store sheep maintain an exceptionally high value, and failing a rise in the price of freezers there is but a small (if any) margin of profit left for the grazier. Ihe demand for sheep and lambs fit for freezing is unlimited, and for these we are obtaining 2d per lb. for crossbred wethers and maiden ewes, do for lambs, and 1-J-d do aged crossbred ewes. At Pleasant Point sale, on the 2nd inst., there was a large entry of fat and store sheep, and all changed hands at high values. We sold 100 fat wethers at lls 6d, 101 ewes and wethers at 10s, 62 fat ewes at 10a sd. At Washdyke, 53 fat ewes at 9s 3d, 12 lambs at 8s 6d, 28 ewes at 9s 6d, 106 2-tooth wethers at lls, 163 crossbred ewes and hmba at 6‘a 6d each. Privately we disposed of 3175 young store sheep, and for freezing 1531 lambs, and 2127 wethers and ewes, all at quotations above.

Cattle—There is but little business doing in ; this line. Stores are difficult to sell at any price, and beyond local requirements there is nothing doing in fat cattle. At auction we sold yearlings at 15s to 16s 6d, 2-year olds at 35s to 455, 3-year-old steers at up to £4 2s 6d, and privately 28 head bullocks and heifers at equal to 17s per 1001 b. Sheepskins- -he demand continues fairly brisk, and prices realised are satisfactory. At auction and privately we have sold 8358 pelts and lambskins at —'for pelts Is 6d to 2s 2d, and lambskins Is 6d, Is 9d, 2s, to 2s 6d. Hides and Fat —All consignments to hand have been placed at former quotations.

ENGLISH MARKETS. London, February 5. Adelaide wheat, 395, steady. New Zealand long-berried wheat, 38s 6d, market firm. For cargoes on.passage sellers ask 87s, but buyers are only willing to give 36s 6d. For cargoes off coast sellers want 37s 6d, but buyers offer 6d less. New Zealand patent flour, ex store, 24a 6d. Colonial barley averages 345, and oats, fine quality, 24s 6d, and beans, 325. Frozen lamb, Canterbury, s£d; New Zealand frozen beef, forequarters, 3 ]3l6d; hind-quarters, 3 9-16 d.

New Zealand hemp, Auckland, average quality, £25; Wellington, good average, £24 15s ; best Manila, £4O. Sugar, German, 13a, firmer; Java, 15s, nominal. February 7. The wool sales continue firm; and bidding is spirited. Foreign buyers have taken two thirds of the number of bales sold.