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AUCTIONEERS' REPORT.

Messrs Abthub M'Dozuu> and Co. report ai follows for the week ending Wednesday, April 3:— Wool. — The seoond serieß of sales for the present year were to have been opened yesterday, and cablegraphic news respecting came is now hou,rly expected. In the local market a good demand exists, and prices are firmly maintained. On Monday we disposed of the following lots under spirited bidding : -JS, 1 bale coarse crossbred Bjd; 1 do pieces and looks (part dingy) s|d ; W, 2do oroßsbred (back) 7fd ; LO,I do dead (passed); H, 1 do very heavy locks .2sd ; BQ-, Ido heavy merino 7d ; AM, 1 do clothing merino (pelt wool) slips 7£d; AM, I do clothing crossbred (pelt wool) slips 7sd ; GY, Ido greaßy crossbred 9d ; JO, 1 do dingy crossbred, 7£d ; OW, 1 bag looks 4d ; Ido daggy l|d. Sheepskins.— A strong demand was experienced at our sale on Monday, some new buyers being present. Lately killed crosabreds in good condition sold at 2» sd, 2a fld, 2s 7d, 3s 9d, 3s ; lambs, 2s, 2s 3d, 2a 6d, 3*. Country skins sold exceedingly well at equal to 5d to 6d for full woolled and 3Jd to4*d for shearlings. Tallow.— A good demand is now experienced for both rough fat and tallow, and prices have advanced. During the week we sold several lines for shipment, including one lot of 20 tons on account of the Dunedin 00-operative Meat Supply Company, Limited, consisting of mixed at £19 10s per ton (ex store). Rough fat is now selling at 13s to 15s. Hides.— A good inquiry exists, more especially for prime heavies, while medium weights are not bo much Bought after. Many lots arrive in bad condition, being badly flayed, and we are aure a little more attention in this respect would well repay the trouble. We quote : Heavies, 3|d to 3Jd ; light and medium, 2d to 3d, according to condition. Rabbitskins.— We have some extensive orders direct from the manufacturers, and are prepared to do business to any extent, and guarantee fullest values free of all charges. In the meantime consignments consiifc of summers, wbioh are worth <Jd to 7d per lb, net cash. Salt Butter.— Our Sydney agent's advices are very satisfactory ; the market there is very firm. Locally a good business is passing at lid to 12Jd for prime Chaff .—The market is bare of supplies, and really prime is worth £i 10s per ton. This price is not likely to hold. When supplies are more general, however, a good range of values will certainly be experienced throughout the year. We have several inquiries for pressed chaff for shipment. Potatoes.— Large supplies have reached the market this week, ana prices have ranged from £i to £i 10s. There is great difficulty in selling at good rateß when bags are charged extra. Hemp.- We have still several orders for shipment. Grain.— As the agents are not agreed on the subject of b.igs extra, and so many sellers (growers) are willing Co sell bagi in, it will easily be seen that it is useless for one or two agents trying to fight the battle, so to speak, single-handed. Under the circumstances we have decided to sell as requested, and as there appears little proapectof the project of bags extra being carried into general use thissea«on,westrongly recommend those growers who are still true to their word nob to stand in their own light, for they are simply assisting those who are selling bags in to get better prices. Buyers are making a point of offering slightly better prices for bags in than they do for bags extra— in short, if the two systems of selling are allowed to exist it simply means that those who demand bags extra will he the losers. It will be, therefore, well, for growers to advise their agents to sell on either terms to the best advantage. ' Oats. — We have done a very large tominess auring the week at 2s BJd to 2s 9* for prime short seed and milling, and 2s 8d for good feed (bags in) -when bags extra has been sold the price haa been l£d per bushel lesi. Wheat.— This description of grain has suffered a relapse, and prices have given way slightly. Some large lines have changed hands during the week at 4s Id to it 3d for prime milling, and 8s 9d to 3s lOd for medium. Chick is wanted, and in the meantime scarce.

Note.— AH grain iB received into our store free of cartage, and we make no extra charge for storage up to three months

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18890404.2.72

Bibliographic details

Otago Witness, Issue 1950, 4 April 1889, Page 19

Word Count
765

AUCTIONEERS' REPORT. Otago Witness, Issue 1950, 4 April 1889, Page 19

AUCTIONEERS' REPORT. Otago Witness, Issue 1950, 4 April 1889, Page 19