PROPERTY SALES.

Otago Daily Times, Issue 11229, 27 September 1898, Page 2

PROPERTY SALES.

Mr D. M. Spedding reports the sale of allotments 71 and 72, block I, township of Green Island, to Mr 11. Harraway for £46. Allotments 12 and 13, block' I, Brooklyn, fronting Brighton road, were knocked down to Mr W. E. Louden for £80.

Messrs James Samson and Co. report having IIOU a sale of Port Chalmers corporation leases on "Wednesday, 24th ult., when the following properties were sold:-+Section9 86, 181, 192, 203, 213, 243, 303, 3G3, 387, and part 388, together with tho buildings. thereon, to. the present owr ers, at upset price..'. Also, privately,, Miss Sinclair's property, section 141,.P0rt Chalmers, and buildings thereon, to Mr Wiseman, at a satisfactory price; and sections 12, 13, and 14 (together with buildings thereon), Sunnydale, at seller's price; and also, on the 3rd inst., sections 19 and 20, containing two_ acres and house thereon, situate at Mosgiel West, to Air Buthven for £200. •" '

The Perpetual Trustees. Estate, and Agency Company (Limited) report the sale by auction of sections 56 and 57, block 11, William street, Dunedin, for £700.

The amount collected at tho custom house in Dunedin for the month of August on goods cleared for consumption was £35,853 5a sd, and the beer duty amounted: to £1178 12s. In the corresponding month of 1897 the customs duties amounted to £34,738 12s 6d and the beer duty to £1396 Is 9d.

GRAIN, SEED, AND1 PRODUCE REPORT. Messrs Win. E. Reynolds and Co., merchants, report for month ending■ 26th September as follows: —

Tho past month has been a very seasonable on?, and in nearly every district spring growth has been rapid. Crops to tho north, where they aro earlier sown, have already made good way, and altogether things are well ,advanced. The area under crop is a large one, and given favourable weather for the next few months a good and large harvest-is assured. Very much, however, will depend on whether the country to the north and Canterbury are favoured with sufficient rain or not.

Wheat.—A further depression has taken place in this grain since our last, and we can sec nothing of interest ]to mote, unless it be that the depression to a certain extent is caused by buyers anticipating a good and large crop next season. Millers evince very little disposition to buy at all, unless prime velvet for mixing purposes, which we can quote at 4a; prime 'Tuscan, 3s lOd; good sound quality, 3s 9d; ,and fowl feed in full supply at up to 3s 2d per bushel of 601b (f.0.b., sacks in, net cash). Oats.—About a fortnight ago business was very slack indeed in this line, but recently the demand 'has improvod, not only throughout New Zealand but Australia also, and consequently holders at time of writing are somewhat expectant of a further advance. We cannot say that we seo much reason for this meantime unless it bo caused through holders remaining firm in their demands. At the same time we think it quite likely that the (market will advance later on, because stocks in hand are exceptionally small. Much will depend on the season experienced in Australia, that is whether it be a dry one or not. We quote: Piiino Slitherlands, 2s 6d; prime Bparrowbills, 2s 4d; good sound (B grade), 2s 3d; ordinary (C grade), 2s 2£d per bushei of 401b (f.0.b., sacks in, net cash). Barley.—The position of this grain has not altered at all, and we merely'repeat that any placed on tho market finds ready buyers at up to 5s 2d for choice malting; and good from 4s 4d to 4s lOd; milling up to 3s 6d per bushel ol 601b (f.0.b., sacks in, net cash). i Grass Seeds.—We are now in the height of our season, but the demand is not so good as .was looked for; still it" is steady. We are oE opinion that it would have been larger had it not been for the fact that farmers are going in very extensively for grain this season. Ryegrass, especially heavy descriptions, is moving off freely at up to 4s 9d; 271b seed, 4s 2d to 4s 4d ; smaller weight, 3a 9d to 4s; and fan dressed, 3a 6d per bushel 3f 201b (f.0.b., sacks extra). Cocksfoot—Although the market has

firmed at Home, has not advanced much, if any., on our recent quotations, which we repeat—ntvmely, 181b seed, 4Jd; 161b seed, 4Jd to 4Jd (f.0.b., sacks extra). ■-. , -'. < '.

Clovers.—We advised in divr last that importations were heavy,' and as the demand has not been an exceptional one in any way stocks are fairly.large. However, as most has been landed at, comparatively speaking, low cost, holders are firm in their demands for a profit. We quote as follows: White clover, from 65s to. 80s; cowgTass (colonial), up to 655; imported, as low as 4Ss; red, iSa; and' alsyke, 60s to Gss. Chaff.—Thia . maikot is' without nltc-ration, and in too good demand locally to .admit of exportation. We ,quo:e: &i 12s Gd to £8 los (ex rail, which is equal to £1 10s, f.0.b., sacks in). .-.,,.....-.*.. .... ... Potatoes when wo last reported were very firm, and market kept up wonderfully well until a few days ago, when arrivals from the north became heavier. To-day buyers' ideas of values are £6 5a to £6 7s 6d (f.01b., sacks in); sellers ask more.--

Butter.—With, the advance of spring this has eased, though, owing to old stocks being scarce, not so much as was expected. We give to-day's price at 9|d to lOd (f.0.b.), and next month we anticipate quotations will be considerably less.

Cheese.—We have never known this market so bare of stocks; they are almost nil, especially loaf size. Actual business has been done at prices we quoto; still, were we getting orders to-day we doubt wo could not.fill them. We quote: Loaf, fijd to s|d; medium, to 5Jd; largo size (coloured), 4Jd (E.0.b., cases in).

Bran.—Despite the fact that Australian prices are low, this market has held its own, owing to so many mills being shut down at present. "We quote £2'l7s Gd to £3 (f.0.b., net). *

Pollard, for same reason, we think, is very scarce, and worth from £3 15s to £3 17s 6d (f.0.b.). Oatmeal.—Owing to the oat market being, if anything, firmer, we can quote this article firm at £12 10s, for bulk; £14 for 7's; 25'a, short ton, £12 10s (f.0.b.). Flour.—Owing to the depressed state of the wheat market quotations have fallen, and we can practically quote to-day: 200's, £11; 100's, £11 10s; and 25's, £12 (f.0.b.).

The directors of tlio Wyndham Dairy Factory Company in their report state that the operations of the past year, after providing for the reduction of the No.. 1 account by the Sum of £100 and tho depreciation of property, resulted in a profit of £7 10s lid, which has been carried forward. The amount of milk received at the factory during the 12 months was 4,114,0541b, for which was paid £5053 13s lOd, being a small fraction over 73d per lb of butter fat on the average, or almost 3d per gallon of 101b. The cheese manufactured was 284,3331b, or lib commercial cheese to every 9.931b of milk; and butter, 52,7701b, or lib to every 24Jlb milk. Tho market during the past year was not at all favourable, but there seems a more hopeful prospect for the current season. \Mr A. Cunningham has been re-engaged as manager. Tlio tenth annual meeting of shareholders in the-Dunediu and Suburban Coal Company was held on Tuesday afternoon, Mr W. Hislop presiding. The balance sheet showed that the year'B transactions had been satisfactory. Eosoh'.tions dealing with tho qualifications of direc-. tors were carried; and Messrs W. Hislop, A. Mr.watt, W. D. Miiue, F. Gunn, and Cohen w:n elected directors for tho current year, Mr T. K. Harty being re-elected auditor.