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Otago Daily Times, Issue 10240, 24 December 1894, Page 2

(Duty: edperlb.) There has been a fair trade dons in tea's during the month, but we have nothing o£ special interest to report. '

MONTHLY WOOI;, : GRAIN. SEED,- AND PRODUCE REPORT. Messrs William B. Reynolds and Co., Dunedin, report for the month ending 24th December as follows:— The weather lately has been all that could he desired, and shearing is well advanced, while crops and pastures look well in nearly every locality. It is abont time we were having more rain, however, otherwise prospects cannot go on improving. The clip is turning out in fine order and averaging good weight, while lambing has beau good. Business generally is nevertheless quiet, more so than one, considering prospects, would chink possible, but prices for all our products are much too low to admit of much improvement. Wheat. —We have nothing of interest to chronicle. Very little business is being done— practically none outside the cilony—and we cannot 3ee any cbanco of improvement for some time to come, especially as stocks of flour are heavy. We repeat quotation : — Prime loueberiied, 2s lid to 3s; good medium, 2s 9d to 2s 10d per bushel of 601b (sacks weighed in and f.0.b., net cash). Oats.—Since our last market is rather better, owing to some demauii having been experienced for blocking off wool vessel*, but we do not anticipate it will last. Stocks are certainly light, but as summer advances consumption alwajj decreases, and without some unexpected outside demand we are sure to have sufficient quantity to keep us going till the new crop comes in. We quote: Prime milliug, Is 7d; heavy bright feed, Is (i}d; good medium, Is b'd par bushel of 401b (sacks weighed in and f.o.b , net cash). Seeds.—The season is now over, and there is j practically no business doing, nor will there be till the North Island demands set in intheautumn. Ryegrass is somewhat scarce, especially best quality seed. Cocksfoot is cleaned out, bui new crop will be iv for autumn demand. Clovers are not in heavy supply, though there is rather more white on hand than there need be. Fine grasses very bare, but demand &s yet slack. Wool.—The first sale of the season was held on Thursday last, the 20th met., when fairly Urge catalogues were submitted, comprising some 7000 bales, of which nearly (1000 were soUJ, moat of what was passed being slipe and scoured lots. The attendance or buyers was good and the bidding—especially of the local ones—w»s animated throughout, the sales, but at a reduction of from 15 to 21) per ceut. on light-conditioned and fir3tclass wools, and from 10 to 15 per cent, on low clsws, pieces, anil bellies, compared with last season's rates. Thus we quote line light halfbreda, 74'! to Si ■ good sound do. Hid to 7d ; light cros-ibreds, 6}d to 7id ; good sound do, (id to uSd ; coarse dirty, 5d io ojii ; and best merino (if very light), up to (id ; ordinary to goixt, :ij'd to yd iwr Ib. Ilogarding t'u.e quality this season we think we are safe in saving » is much ahead of I last year's average. It is certainly not lighter in yolk, but is better grown, is stranger, and has more life iv it. Cheese. —The demand keeps good and shipments lira heavy, but no alteration in prise. We quote : Loaf size, 4sd %a sd; medium, -lid to -lid; Cheddar, 4.WButter. — Only in fair demand for export, thoup.li good business is passing locally at '.Id por lh for prime factory and 5d and b'd for prime dairy. Potatoes. —Market is over-supplied with old, T'liieh are selling at up to '.Vm p?r ton. New I kidneyj are in fair supply and worth from £5 to j £6 per ton. I Chaff.—in moderate supply, though best quality I is scarcer and bringing j£3 per ton f.o.b. (bags ! extra) i Ploiir.—(Tnclianged. K-.'.it brands (20001b to j the ton)—2oo s, £7 Us : KHi's, £J 10s: 50's, £7 15a. I Oatmi:a!.-li! f--'- de-n :I<l liulk, £8 lite; 7's, ; £',) liv per Mil (-IJ.U-V:) ; -.:;, ( ;..„ -. uj:i), .iIS ss. Pollard.—ln good demand ; .-I") per tou. (t'.o.b,). i ; Bran,—Plentiful; £2 per ton (f.o.b). I

PROPERTY SALES.

Till? Pe!»l"Etual Tisusteks, Estatk, and AOF.NCY COMI'AKV Ol' NEW ZEALAND (LIMITED) re- i port a large atteudauce at their rooms on the 12th, whnn the rights to new leases of section 07, block Vlt, Duuediu, for a term of 21 years, wev* offered for sale by auc'-iou. Lot 1, which, included a frontage of 52ft I£inio Kattray street, was put up at an upset rental ot 30s p«v foot, subjpet to the payment by the purchaser of .£1845 for the buildings on the land, ami after spirited competition was knocked down to Mr T. G. Johnston »t 47» per toot. Lot 2, with a frontage of 49}ffc, was n«xt submitted at the upsot rental of 30s per foot, subject to tho payment of £0200 for buildinga thereon, but there being no bid it was passed in. The present tenants, however, havo the right to take a new lea?e at tho upsot rental. The company also submitted two allotments of land, which were sold f0r..£65 and .-EOS respectively. Mr I. W. Raymond, auctioneer. Wymlhnm, reports having sold the Diumlister borne block (fil)0 acres) to Sir (rilbert Ward at a satisfactory price. The purchaser has secured one of the properties in Southland which for natural beauties cannot be surpassed. The land is also acknowledged to be particularly good. Mr Raymond also reports th« sale of Lot 2, Ocean View estate, 300 acres, at £5 per acre, to Mr Samuel Miller, of Tokonui. Despite the depressing effects of low prices for farm produce it is quite refreshiuc; to observe some having sufficient confidence to purchase laud at these prices.