PROPERTY SALE.

Otago Daily Times, Issue 12604, 6 March 1903, Page 4

PROPERTY SALE.

Messrs Wright, Stephenson, and Co. report t,lie sale, by order of the mortgage, of a farm of 1930 acres in the Tuapcka East district, together with all stock, plant, and implements thereon, to Mr \Vm. Murray, German Flat, Waitahuna, at a satisfactory price. HIDE SALES. •Messrs Wright, Stephenson, and Co. report • as follows:—We held our fortnightly sale on Thursday, when we offered a very good catat • logue of hides to a representative gathering • of the trade, pompetition was keen for all ! classes of hides. Heavy, well-flayed, stout ox were in great demajid, arid sold at fully up to late values. Medium to light sorts were also selling well at about id per lb advance on prices ruling at our last auction. Our offerings totalled 295 hides, comprising 197 ox hides, 87 caw hides, 5 yearlings, and 6 calfskins. Our • top price was 7Sd, which was paid for a very nicely flayed and good-conditioned stout hide weighing 68lb. A few of the values at per hido work out as follows:—One 7Glb ox, 425; four CSlb ox, 40s; one 731b ox, 3Gs 8d; one 711b ox, 36s 4d; two 70lb ox, 35s 9d; two. 711b ox, 35s 7d; four GBlb ox,-343 8d; two G7lb ox, 34s 2d. Some of the actual safes at our auction may be of interest:—Ox: One GB!b, 7Jd; one 7G!b, 7d; two 671b, GJd; four 681b, GJd; two 701b, ■ Ggd; four G4!b, Gsd; threeG7lb, GJd; three72lb, 63d; four 641b, 65d; tbroo GBlb, GJd; three 721b, 6Jd; four Cllb, GJd; one G2lb, GJd; four 641b, GJd; three 631b, Gd; two 69!b, Gd; four G3lb, ' Cd; five G3!b, 6d; six 631b, 5Jd; four CSlb, 6Jd; four 6Glb, 52d; four 641b, SJd; two 621b, CJd; throe 591b, 5Jd; thirteen 691b, 5Jd; five 83lb, 5Jd, Cows: Four 571b, 4jd; one 521b, . 4Jd; three 541b, 4Jd; four 561b, sgd; seven SGlb, 4jd; three 561b, 4£d; two 471b, 4Jd; niiie 411b, j 4jjd. 1 Messrs Stronaeh Bros. and.Morris,report as • follows.—Wc helit our fortnightly sale of hides

at our stores. Crawford street, on Thursday, sth inst., when we submitted a catalogue of 252 to a largo attendance of buyers. Tho competition from all sources was very keen, and the result was most gratifying; in fact, it was much the best sale wo have had for some months. The greatest rise ivas experienced in medium-weight hides, and these were fully jtl per II) higher than last sale. This is rooet satisfactory, as it is to this class that the bulk of consignments belong, and a rise such as experienced on Thursday means a big item to oni clients. As showing the demand, we may mention that only 24 hides in the whole of our catalogue -realised less than 4d per lb. Our highest, prices for ox hides were 7Jd for 70's and 7£d for GS's, many other lots realising 6:1 to 7d. We have said that the above were the highest prices, but we really think that the best price obtained by us on Thursday was 4?. d for n. line weighing only 441b. In cow hides our highest price was o'.d for one lot, several lots bringing s}d, ard s£d. We enn confidently recommend vendors to forward their consignments to us at present, as the returns are certain to prove satisfactory, and no one can say how long present values will last. Aotiial priccs obtained by us on Thursday were as follows:—Prime stout ox hiles, Gld to 7Jd per lb; medium to good, 5d to GJd; fight and inferior, 3Jd to <Ud; prime heavy cow hides, 5d to BJd; medium to good, 4Jd to 4;d; light and inferior, 3Jd to id; yearlings, 2s 5d to 'Is 9d each; calfskins, Is 3d to 3s. <!> INVESTMENT STOCKS. The Duned'n Stock Exchange reports tho following quotations yesterday: — Bank of New Zealand—Sellers f3 14s. National Insurance-Buyers £1 Is Sd. Standard Insurance—Buyers 18s Gd. New Zealand Coal and Oil—Buyers 3s. Ifilburn Lime and Cement (10s paid)— Sellers 14s Gd. Perpetual Trustees—Buyers 13s 9d, sellers 14? Gd. Donaghy's Rope and Twine—Elivers ill 17s Gd. J. Newbnrgh Lawson (late Barr. Leavv, am) Co), stock and sharcbrnker, Stock Exchange Building, Water street, Dunedin. Investment shares and debentures a specially. Communications re investments invited, and full particulars of all stocks on application.