CLEARING SALE AT SPRINGSTON.

Press, Issue 11564, 22 April 1903, Page 9

CLEARING SALE AT SPRINGSTON.

Me—rs H. Matson and Co. held a large clearing sale on behalf of Mr Frank Bailey, on his farm at Springston, yesterday, in consequence of his having disposed of" the property to Mr J. T. B—ckmore. Tlie following are some of the principal sales made:—Brown mare Victoria, 6yrs, £74; brown mare Randy, aged, £72; bay mare Dinah, Byrs, £58 10b; bay mare Violet, syrs, £75; a foal from the above, £22 10s ;* bay mare Belle, 4yrs, £70; foal from the above, £25; buy mare Fan, 3yr-, £65; bay mare Nell, 3yrs, £66; bay filly, 2yrs, £53; bay colt, 2yrs. £56 : bay filly, 2yr», £69; yearling colt, £31; hack yearling, £18; black harness horse, aged, £27 10s; bay colt, rising 3yr», £42 10»; 50 ewe lamb-*, 14s 3d; 40 do., 15s 2d; 95 four, six and eight-tooth ewes, 14s 7d; 91 !a_bs, 13s 3d; 149 two-tooth ewes, 13s; 65 two, four, six and eight-tooth ewes, 16s 7d: 48 do. do., 16s; 11 porker pigs. £1 15e; 5 forward store pigs, £1 lis; breeding sow, £4; dairy cows from £8 13e IoS, yearling steers*£3 ss. Two hundred lots- of implements and furniture were sold at correspondingly high values.

a large attendance of buyers on the opening night, with compirtition both animated and general. Prices for merino wool in average tshowed but little change from previous quotations, the better grades being, if anything, fclightly dearer, while inferior and faulty parcels ruled in buyers' favour. Fins crossbred wool sold teadily on the basis of the rates current at the close of the January auctions, bat medium and coarse growths, although well competed for, were 5 per cent, below that level. The net available supply for the series, including old stock, is about 167,000 bales. In view of the quietness which has prevailed in the manufacturing districts during tihe past few week", tlie rtsult of the opening of the eyries is regarded as distinctly Merino wools ale ■well competed for. and as regards the liner grades from New South Wales and Qik* r. - land, tho values realised are fiequeutiy 5 :per cent, above th<v«e current at the close of the January auctions. The' prices obtained, however, for short and faulty parcel* - , are somewhat disappointing, and occasionally fall slightly below that level. Fine as well oh medium crossbred produce fully maintains previous quotations, the latter quality being in fair demand on American account. Coarse growths, however, in spite of very animated bidding, show a decline of quite 5 per cent. At a meeting of the Colonial Wool Merchants' Association, held this week, it was decided that'the new arrivals for the third set its, to begin on the sth May, shall be limited to a total of 170,000" bale* net, i.e., after deduction of shipments in transit. DAIRY PRODUCE. Messrs Weddel and Co. report a further advance in the price of New Zealand butter this week, and there is very little, if any, as low as 106s, excepting sales made a week or fortnight ago for butter to arrive in the Papanui. The shipment brought by this vessel was available yesterday, and the bulk is already sold. Ais the Maori's butter will not be available before tlie beginning of April, holders are not eager to sell, belieVlng that the market will remain firm at present prices for a few weeks. The Papanui's cargo consisted of 44,233 boxes and 282 cwt casks, which is an absolute record for quantity of New Zealand butter. In addition, the Papanui brought 4000 crates of cheese. "Finest" brands of butter are quoted at 100s to 104s, and milled 86s to S2s, according to quality. The demand for New Zealand cheese has continued, and prices have further advanced. White cheque from New Zealand and Canada is selling at the same price, namely 66s per cwt for "choicest," with sixpence to one shilling less for coloured. Holders are asking 67s for next week's sales. NEW ZEALAND MEAT. The C.C. and D. Company report the arrival of the Indralema with 50,000 carcases of New Zealand mutton, and the Papanui with some 25,000 carcases. At times the weather has been bad, and the discharge has in consequence been delayed. Trade, although not brisk, has been steady, and fair numbers of sheep have been disposed of at slightly hardening values. Last week, particularlytoward the end, prices seemed tending downward, and occasionally less money was accepted, but this week, when holders of River Plate sheep decided to advance rates, it was found possible to make more money, and North Island mutton has been steady at 3|d per lb, a number of better stamp and condition making 4d. Canterbury mutton, of nice size and weight, lias sold up to 5d per lb, and heavier at about 4Jd per lb. For New Zealand lamb there has been a fair demand. The CO. and D. Company report that the numbers going into consumption are large, many corning ex ship direct to the market; there are no accumulations in stores, and buyers at times find difficulty in supplying their wants; therefore the present weaker prices seem uncalled for. Sales of best Canterbury lamb have been made this week at 6d to 6 e d, one line making 6gd per Jb. North Island lamb has made up to od per lb, but is now offered at sjd. Arrivals have been some 65,000 carcases from the colony. Stocks of frozen beef have become very light, and as a result values have advanced id to |d per lb. Hindquarters from New Zealand have realised up to 44d per lb, and forequarters 3|d.