COMMERCIAL.

Temuka Leader, Issue 2662, 22 May 1894, Page 3

COMMERCIAL.

AUCTIONEERS’ REPORT. The Canterbury Farmers’ Co-operative Association, Limited (per Mr J. Mundell, auctioneer), report on the horse market at Tattersall’s on Saturday, as follows : Our entry comprised 39 horses, 2 cows in profit, ploughs, drays, spring carts, etc. The sale throughout was a most satis- . factory one; about two-thirds of the horses offered were sold under the hammer at the following quotations : —Draughts, young, with trial, £l3, £l3 10s, to £ls; do light and aged, £6 10s, £7 15s, £B, to £lO ; light harness sorts, £l2 to £l3 10s. Cows in profit, £5 to £7. TIMARU MARKETS. The Canterbury Farmers’ Co-operative Association, Limited, report as follows for week ending Friday, May 18th, 1894 : Since our last report fair business has been done in wheat and oats of good quality, and we have placed a fair quantity at full rates. Wheat —There is a fair enquiry for old wheat, but owners are reluctant to sell at present prices. There is a good demand for new wheat of good quality, and enquiries are being made for fowl wheat. Velvet and tuscan (old crop) 2s 5d to 2s 6d, red chaff 2s 4d, velvet (new crop) 2s 3d, tuscan 2s Id to 2s 2d, red chaff Is lOd to 2s, on trucks Timaru j fowl wheat Is 9d, on trucks, Oats—There is a fair demand for prime short oats at quotations, and enquiries for Canadians and duus of good quality; Danish are quiet. Prime milling Canadians Is 4id to Is Gd, short feed Is 3d to Is 4d, dauish Is to Is 2d ? op trucks Timaru. Barley—2s Qd to 3s 3d, op trucks, Timarp. Potatoes—3ss to 37s Gd, f.0.b., sacks in. MONETARY AND COMMERCIAL. London, May 18. The annual report of the Shaw, Spyill and Albion Company sho\ys that the profit for the year amopnts to £IB,OOO. A dividend of 4.V per cent was delated. New Zealand 4 per cent, inscribed stock, 109 ; 3£ do, 102. New Zealand long-berried wheat, ex warehouse, 2Gs Gd, market restricted; South Australian do., 26s Gd, weaker; Victorian, do., 2Gs, fiat. Frozen mutton, first quality, 4d ;esecond quality, 3§d ; lamb, first quality, 4|d. At the wool sales faulty merinos are alow of sale, and in buyers’ fayor, Oth firm. “01 rig ” brmpj, 7*' - sorts brought 7|d, " — uW Zealand, Dfthish i' jr-- .utter is unchanged. .ozen meat vessels are unable to discharge owing to the stores being choked. At the wool sales faulty merinos continue to bo very slow of sale. The present series closes on June Ist. May 19. One thousand tons of colonial butter are alloat for London. Tho great bulk must bo stored till October. Dunedin, May 18. At Messrs Wright, Stephenson & Co.’s sale of Mr Logan’s Propotimou estate, which was cut up into 30 farms, 28 were sold. Tho homestead farm, containing G 52 acres with its lino buildings and beautiful native bush, was sold at £4 15s per acre to a representative of the Misses Louise and Emma Logan. Tho range of prices was from £2 18s to £5 7s Gd per acre, and of tho 5432 acres o fibred 373 S weio sold at an average of £3 15s 7d per acre.

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