COMMERCIAL.

Temuka Leader, Issue 2468, 23 February 1893, Page 4

COMMERCIAL.

TIMARU WOOL SALES. THIRD SALE. The third sale of the season was held at Timaru on Tuesday. Only three catalogues were submitted aggregating 1380 bales as follows : New Zealand Loan and Mercantile Agency Company, 1000 bales; Guinness & LeCren, 216 bales ; Canterbury Farmers' Co-operative Association, 164 bales. There was a good attendance of buyers, and biddings were very spirited. Prices ruled from Jd to id higher than at the previous sale. Fully seven-eighths of the catalogues were merino wools, principally Mackenzie Country station lines. Very few lots were passed in, and all these were afterwards sold privately. Halfbred bred sold up to fe£d, crossbred to 7fd merino locks to pieces to s|d, clothing to s£d, combing to Cjd. The Canterbury Farmers' Co-operative Association, Limited (Mr J. Mundell, auctioneer) report as follows : —Our third sale was held at the Aseembly Rooms on Tuesday with a full attendance of buyers aud priees quite equal to the opening sales. We wore able to quit the whole of our catalogue comprising 164 'bales 14 bags at satisfactory prices. Appended arc the prices realised : —SB, 1 bale crossbrad Of d; 3T, 1 bale mixed 6d ; GM, 1 bale ffii&od % : H> over "-*> * ale m i xed 6 i'd ; OH, I'tyale halfbred and merino 6d ; Y* 1 bale merino 5 j-d i' T' } 1 bale merino and 17 halfbred fleeces s*d ; Cj, J baje i mixed 7H) A , 1 bale locks aucl P ieces 3id- M'over TO 1 bale pieces 3Jd; I'jhtl'toDioiaed), 1 bale locks 2fd; AD (conjoined), 1 J>a/e pieces and 9 crossbred fleeces 4£d,l do and fleeces 3|d,l do Ist pieces 2jdi A % 3 bal-s halfbred 8:1,1 do crossbred ewe 7£d ; PJ3 3 bales halfbred 7id, 1 do merino wetW and tliree-quarter-bred ewe sd. 1 do haffiVred &&$«? ffjid pieces 3fd ; Ll, 2 bales halfbred ewe 7*4; .* A ff>2fr aleß crossbred 7d ; 0 (?ver KT, jj bujes combing merino s|d ; WW, 3 bales merino (No. 6 part halfbred) sid; RES, 10 bales three-quarter-bred hogget 8d; plus iu circle, 15 bales crossbred 7jd; DS,3baiespiefes2fd,l do black pieces sandy 4 Jd, 1 do locks 2*d —.over AM 2 bales halfbred B*d, 1 do and ram fijd; GB (conjoined), 3 bales, merino 6£d; over WT, 5 bales menno 5f d; D over W, <2 JwJes merino (6 crossbred fleeces in No. 1) &*<!> <r>J>™\ C ?> 4 bales merino Gd; I through b ; 4 liajes merino r>Jd; MS, 1 bale 34 ram and 8: ewe fleeces 6|d, 2 do double fleeces 4jd, 1 do locks 2jd ; Me, '3 bales merino o|d; VG, 2 bales halfbred hogget , f& ; JJV, 1 bale halfbred ewe locks and pieces rfjd ; ( P 7,2 bales merino (5 crossbred fleeces m ; No. 1) sfd; BY, 1 bale Ist pieces and fleeces 4id, 1 do merino pxeges aud cross-

bred fleeces 4.6., 2 do Ist pieces 3Jd, 2 do pieces 4£d, 1 do locks 3d ; GS, 1 do pieces 4d; WR, 2 bales scoured pieces s£d; Ido do lucks 4^d; WS, 1 bale ram flseces, pieces, locks, and three-quarter-bred scoured sid ; LAMBROOK, 2 bales pieces and dead 4£d ; NB, 5 bales merino 6}d; 1 fadge belly pieces 4d; JN, 1 bale three-quarter-bred 7Jd, 1 do merino 4|d. Bags and fadges—2 bags merino sjd, 2 do rani 4jfd, 1 do black 4£d, 1 do dead pieces 3jd, 8 do pieces 2;|d. MONETARY AND COMMERCIALLondon, February 19. Finest New Zealand cheese ia selling in Glasgow and the English provinces at 52s to 545.

Tallow, mutton, medium, 34s 6d ; beef, 32s Gd.

The quantity of wool catalogued to date is 275,400 bales, of which 16,000 bales were taken for export, and 98,000 bales for home trade. 32,400 bales are held over till the next sale.

Feb. 20. The average price of English wheat is 25s 7d.

A cargo of Adelaide wheat has been sold at 31s.

Mr Stewart, Official Receiver of the English and Australian Mortgage Bank, advises that a searching enquiry should be made into its affairs. The liabilities are set down at £500,000, and the assets at only £3OOO. He declares that it would be unwise to publish the whole of Mr Warwick's report, in view of the effect it might have on the realisation of the bank's properties. It is expected that the whole of the New South Wales Treasury bills, amounting to £730,000, will be sold by the date of closing of applications, 25th inst.