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COMMERCIAL., Ashburton Guardian, Volume 1, Issue 98, 11 May 1880
Ashburton Guardian Office, Monday evening.
Alfred Harrison reports holding his usual weekly sale on Saturday last, when the following were disposed of : —Pigs, 6d. to Bd. per lb.; fowls, 2s. 6d. to 3s. fid. per pair ; ducks, 3s. fid. to 4s. fid. per pair ; geese, 10s. to 13s. per pair ; cheese, sd. to aid. per lb. The demand for horses was very quiet, though one or two •were sold at moderate prices : also, two drays, one light cart, harness, a plough, and set of harness. An enormous quantity or furniture and effects were disposed of bringing really good prices.
Messrs. H. Matson and Co. report as follows :
Canterbury Horse Market.—Our last Saturday’s sale at Tattersall’s comprised an entry of 110 horses of various descriptions, of which 31 were unbroken. There was a good average attendance, and for all classes of sound, useful plough horses a better demand exists, and a considerable number are placed every w'eek. The most noticeable alteration in the horse sales of the present time from what they were two years since, is that medium weight horses, from L‘2s to L 35, have to a great extent taken the place of the extra heavy, highpriced stock then so much in use. Occasionally w r e find L6O to L7O being paid for a good brood mare, but the overstocked state of the market generally, and consequent redaction in price, has. for the time being, put a check on breeding. On Thursday, at TattersalTs, by order of John Grigg., Esq., we submitted his eighth annual draft of heavy horses from the Longbeach station. It was a general theme of remark, with those who viewed the animals, that a better line of horses for farming purposes has seldom been submitted in one line. With a few excepttions, they were not of the heaviest class, but useful, sound, active, staunch horses, that would alike do the vendor and purchaser credit. There was a very large attendance present during the day, representing buyers from different parts, and although biddings at first were not over brisk, Mr. Grigg’s general custom of placing his stock in the market for unreserved sale soon had its effect, and every horse of the line (45 in number) were sold at satisfactory prices. Sixteen geldings, varying from 3 yrs. old to aged, made from L2C to L 45, or an average of L 34 each. Twenty-six mares by Lincolnshire Traveller, Sir Colin Campbell, Crecy, Ac., some of which were stinted to Bobby Burns, Waverly, and Lord Beaconsfield, brought from L2l to L 43 each, or an average of about L2B 55., 38 mares and geldings taken together made an average of L 29 10s., and G culls at prices as per description.
Messrs. H. Matson and Co. on Saturday last held their usual weekly sale of various properties, city and country. The attendance was large. The auction was held in the large and commodious wool store at the back of the offices, in consequence of the sale room being occupied with a large shipment of furniture just lauded ex Palala, and for sale on Tuesday next. The first property submitted for competition was the farm in occupation of Mr. John Hoskyns, at West Melton, and placed on the market by order of the trustees. The biddings not reaching anything like a reasonable price, the property was withdrawn at a bid of L 4 ss. per acre. The next property was the township of Methven, situated in the Upper Ashburton district, and at the termination of the Rakaia and Ashburton Forks Railway. The interest shown by the bidding, which for the front sections was very brisk, proved that the property was a good investment, and one of considerable importance. Quarter-acre section 35 fold for L 36, and quarter-acre section 33 sor L 24. Sections 6,8, 10, 25, 26, and 27 realised from Ll 5 to L 24 each ; sections 30 to 38, from Ll2 to Ll 3 each ; sections from 39 to 57 fetched from L 4 to L 7 10s.; 61 to 63, from Ll2 to Ll 5 ; sections from 73 to 111, realised from L3los. to L2l. A farm section contiguous to the township, containing 10a. Or. 13p., was sold at LlO per acre. Several other properties, which were to have been offered, were necessarily postponed to the following week in consequence of the lateness of the hour when the sale of the Methven township came to a close.
We extract the following from the New Zealand Load and Mercantile Agency Company’s circular dated London, March 25, 1880 : Coni Marhst. —The trade in Foreign wheat during the past month has been inactive. For supplies actually arrived holders are asking full rates, under the impression that the existing scarcity and the moderate quantities known to be afloat and due next month will tend to maintain prices at the present level. Speculation is, however, quite dormant, and for cargoes to arrive at later periods there are few buyers, even at a considerable margin on present values. The American stocks continue large, the visible supply being 27 million bushels, while the demand for the Continental markets shows a distinct falling off, and many cargoes are offered for resale by French houses.
A sale lias been reported of Australian wheat for shipment or on passage at 535. c.i.f. A few' parcels for London direct have changed hands at 525. to 545., according to date of Bill of Lading, but for April shipment offers are freely made at 50s. for London without attracting buyers. New Zealand wheat for forward shipment has been sold at 475. 6d. to 48s. Gd., c.i.f. to London, and there are are buyers for the coast at 48s. On the spot quotations are as follow : Per 4961b5. Australian wheat, ex gianary ... 58s. to 60s. New Zealand, do. ... 565. to 595. Per ?,Bolbs. Australian flour ... ... ... 38s. to 425. New Zealand do ... 365. to 395. The following are the arrivals for the month : Wheat. Flour. Oats. Norfolk, s.s., Port Philip 2200 ... 50 Mermerus, do. 1711 Old Kensington, do. 1291 250 Melbourne, do. 1499 Invercargill, Pt. Chalmers 1974 ... 1283 Mataura, do. 3960
COMMERCIAL., Ashburton Guardian, Volume 1, Issue 98, 11 May 1880
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