COMMERCIAL.

Temuka Leader, Issue 1477, 9 March 1886, Page 1

COMMERCIAL.

AUCTIONEERS' REPORT.

TIMARTJ,

Messrs Jonas and Bourn report for the week ending Saturday ,as follows :

We are pleased to report a slight im provement in demand and price for both sheep and cuttle, and we sincerely trust that we have touebod the lowest prices.

Although feed is not abundant over tho whole district, there are many who hare a sufficiency, and we are inclined to think that the want of feed ha» not been the solo cause of the late very low pricen. Owners appear to have been scared by a trifling fall in rates, and glutted the markets in consequence ; and this being felt operated disastrously, and prevented speculaticn. Harvest operations arc cow nearly over, and stubbles will be available, and we sincerely hope that prices will improve. Pleasant Point—We held our regalsr sale at the Point Yards on Monday last, the Ist inst. There was more than an average number of stock yarded, and a fair business was done. We sold 49 crossbred hoggets io low condition i;t 5s 6d ; 90 2-tooth wethers, fa; 60 ffit ewes, 6s 6d ; 332 crossbred ewes, full mouth, 4s 6d; 100 lambs, 3s lOd ; 104 lambs, 48 7d ; 400 merino ewes. 3 fat steer* «t £6; 55 steers and heifers, 18 monthe to 3 yearn, at from £2 5s to £4 2h 6:1; 21 < steers, 2 years old, at £3 5s ; 79 store pigs, 7s to lis 5 3d.

Sheepskins—We held our usual salt on Wednesday last, the 3rd lost.. There was the regu'ar attendance ol buyert. We sold pelts at from Is to Is 9d ; lamb* skins, Is 3d to Is 6d ; woolly skins, from ■2si6d to 3s 7d, •■■■■' ' i

Horses —A good number wore entered for sale nt our bazaar to-day. There wat a numerous attendance of buyers, aid we succeeded in selling every lot entered. The entries comprised chiefly light sorts, very few draughts coming forward, which may be expected at this season, farmers being busy with the harvest. -We mutt say that there is a slight improvement in this market, as every horse to-day brought' owners' values, and in some cases over. We also sold three spring c»rts at £l2, £ls 10s, and £lO. We qno'e ntaunch heavy draughts from £l4 to £23 ; medium do., £9 to £ls ; hicks «nd light harness horses from £7 to £l3 15s, according to age, stamp, and quality.

TIMARU MARKETS.

The Canterbury Farmers' Co-operative Association, Limited, report for the week en.ling March sth as follows t—• The threshing machines in the district are now fully employed, and n consider* able quantity of new grain is already in Btore.

Wheat—There is not much opeculation apparent, any parcels changing bands being chiefly for milling. Prices are firm at 2s lid to 3s Id for red chaff, 3s 2d to 3s 3d for Tuscan, and 3s 3d to 3s 4d for velvet. Transactions, however, are limited, owners' ideas being more or leaf in advance of present rates. Oats—A by no means small portion of the new crop has already changed handu at prices ranging from Is 9d to la lid for long Teed ; Is lid to 2s for short feed, and 2s to 2si 2d for heavy milling. Tho prevalent opinion is that the quantity available will fall considerably short oi! requirements, aad no decline friampresent values is anticipated. Barley—Very little of the new grain hi 7et-in-4ba. market,, and values are not yeft fixed. -■- j Butter—Fresh, lOd to lid ; keggedp ■'* 9d to lOd, kegs extra.

CHRISTOHUECH STOCK MARKETS.

At the Addington yards on Wednesday fairly Urge entries of stock yardsd, th«i number of store sheep showing a largo increase. The attendance of buyers wan also somewhat above the average. Saieai began with fat cattle, the supply of which wan moderate, both io number and. quality. The demand was middling, with no alteration in recently quoted values. Steers sold nr from £5 7s 6d to £7 5s :; heifers, £4 15s to £6 12s 6d, being from 17s to 18a 6d per 1001 b. The fat sheep comprised only a moderate number oil good quality, and for these ■ somewhat: better prices were paid than of late,, medium and inferior sorts were without alteration. Sales were' as follow: Crossbred, 6s 9d to 10s; ditto ewes, 4si to 8s ; merino wethers, 3s Gd to 8s 3d, being Id to l£d per lb, as per quality. Fat lambs were in smaller supply than of late. Sales ranged at from 3s 3d to 6s 9d per head. As before noted, the stort sheep market was better filled than for some time past, though principally of inferior quality and aged sheep. Lines of lambs sold »t from 3s 2d to 3s 6d ; n;ed crosßbred ewes, 2s to 3s ; and twotooth crossbred e«es i»t.ss Id. The pig market was fairly well supplied. Stores vere low in value. Porkers of the right weight' sold fairly well, viz., 18s trv 2t>«i stores, 3s to 13s 6d. In the store cattle wore yarded ; demand only middling, no Ut ration in value to notice. ■

AUSTRALIAN MARKETS. a

Sydney, March 5. At todny's irark«t ''New Zealand whtatishowed an adranee of 2d per 1 us'iel, and is quoted at 3l fid. New Zealand oats remain at 2s-4d. Maise (56U>s) is 3d* an. adYance of 3d eiuce last report.

ENGLISH MASf ETS.

Loudon, March 5. The total quantity of wheat.afloat for the United! Kingdom is 1,*70,000 quarters, an increaia of 60j000 qaarten during the week..

March 6, la tbe wheat market prices are firm, with a rising tendency, which has diminished supplit-.s. A cargo of old Australian, October lading, has been sold at 35s 6d, and a February cargo at 355. Flour is in better demand, although values are unchanged, and stock* haTf bf«a r*duc«d,