LAND SALES.

Otago Daily Times, Issue 4537, 1 September 1876, Page 2

LAND SALES.

[by telhoraph.J (from ovr own cohrrspondbnt.)

Oamaru, August 3lst.

Mr R. B. Martin held a sale to-day. 46 sections in the Township of Deborah, two miles out on the Main South Rojd, at the junction of the railway from Dunedin to Oamaru, sold at an average of £16 10s per section. The buyers werj Mr William Morgan, 1Q sections ; Dr Wait and Mr John Styles, Mr T. S. Graham, Dunedin, 21 sections. Six sections in the townships of Livingstone and Georgetown were sold at upset price of £5 and £8 each. In the Waitaki Township 15 acres sold at £5 per acre. For the Township of Deborah very keen competition wa3 shown, and the buyers were numerous.

Messrs Maclbas Brothers report for week ending 31st August as follows: —

Fat Cattle.—About 130 head were yarded for Wednesday's market, nearly all being prime quality. Prices, however, did not show any material improvement, although from the moderate supply and the really good quality of the stock, an advance was expected. Bullocks brought from £1110s to £16 5s ; cows, £10 to £13—or equal to 37s 6d per lOOlbs. for prime, and 35a for ordinary quality. We would direct attention to our sale of fat and store cattle at Inch Clutha, on Friday, Ist September. Fat Sheep also were in rather short supply, only about 1400 having been penned. The demand consequently was brisk, and prices a shade in advance of last week's rates were obtained, equal to, say, 3d per lb. fully. Cross-bred 3 brought 12s to 16* 9d. We had no sheep at the Yards, but have placed several sm»H lots, about 500, privately. Store Cattle. —No transactions to report. The demand for forward cattle for the spring grass >s now commencing, and we expect to see good prices ruliog, as it is evident the supply of stores will not be so ample as in previsus years, while requirements will be greater. Store Sheep —No transactions. Wool.—Careful perusal of priced catalogues, to hand, shows that the reported fall in prices was by no means exaggerated. In washed wools from this Province the decline has been most seriously felt, and there are instances wherein the difference between the June rates of '75 and 76 is equal to 7d per lb. Sheepskins were well competea for at our sale on Wednesday, and fair prices were realised. We quote green cross-breds at 3s 3d to 4s; do merinos, 2s (kl to 3s. Hides.—We catalogued 250, but the demand was weak, and only a few sold at about 3d to 3£d per lb. for wet salted. Tallow. None offered. Grain.—Wheat is scarce, there bcintf little or none in store for offer. Best quality would command up to 5» 3d; ordinary, 4s 6d. Barley continues very dull of sale, and even prime samples are difficult to move at 4s to 4s Gd. Inferior desc-iptions are saleable only for feeding at as to 2j 6d. Oats are freely enquired for, and all parcels arriving meet with ready sale at Is lid to 2i for feed, and 2s Id to 2s 3d for milling and Beed samples.