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COMMERCIAL.

THE HOME MARKETS. Messrs Dolgety and Co. report under dale London,.', April 21st—" Since. Qur last telegram, taltbw in general is lower by 6d \ v per cwt. The market, lias completely broken, down and buyers eeem unwilling to operate even at the lower price. There are no c.i.f. buyers, except at a big" depline." ... The Colonial Consignment and Distributing Company lias received the following cable,, message from its London office:—"Frozen meat market —Mutton is unchanged.,,,,. There is a rise of jd in lamb. To-day'i quotations are—Canterbury mut- ' ton, 43d i Napier, Wellington and North Inland, ! 4|d.«(» Lamb, 'first quality, 5 4-8 d; second, j S4d* - i Beef—Hindquarters," 3£d 5 forequaiters, 2id." Mr CJiaa. Onyon, of Wellington, writes as follows to the "New Zealand TJimes" . from Manchester: —"There is a very fine markot here for lamb, mutton, .beef, butA ter, rabbits, guano, oil, timber, etc. Mr >v OpensliuSr, who is running twenty-eight shops in Manchester and Salford, tells me that hejcan take 2000 carcases •of lamb and 3000 carcases of mutton from New Zealand jper week if he can get them direct. The Corporation Stoies at Manchester are full of rabbits, poultry, butter and Argentine-and Danish stuff. During : tlie war in the Far East Hussian produce wiil .. not come, and noiv is the chance to push v New Zealand produce." .

I LAND SALE. The BlUe of the "Westfleld" township (late Highfield fann), on account of Mr A. C. Thompson, took place at the homestead on the place yesterday afternoon. Mr W. Lawson (8.7*1 "Loan" Coiipany) was the uuctioncer, there weie about 120 to 150 people piesent. The sale was considered iv very gsod one, all the small building allotments froujjngoofn f Wai-iti_ road being dis-. posed of (accept two, which have a wet hollow in them, and the majority of the

small sections, behind the frontages were a!so durpoeed of, while the prices were satis- ' iaotory to:; the vendor—though ™ ~s ome ■* cases ldss ' tban he'had determined ' on—•nd on'thei tither hand they were favourable to purcliisers, as lees than other owner* Jiave blih tlemaadine for residential allotments. The Westfield property stretches across from Wai-iti road to upper Washdyke road. opposite*Mr "W. Grant's property, and on this side of Waimataitui creek tftrje small farms of 31 to 44 acres were laia* out. '£2s to £27 10s per acre were bid for two of these,' but. Mr Thompson declined to accept these bids. Most of tho Wai-jti road frontage was sold in half acres. (one cliain frontage, five chains deep), and, these lots sold at from £sl to £72; some-large? onejs at-"the further end, •lightly under tliree-ijuarters of an acre, sold nt-£63to£-76,aud a corner section a trifle over three-quarters of an acre brought £9B. Three-quarter acres next behind ttastfifelched; £45 to £SO. and some acre lots north of these again, £49 io £69; the section orise'etions on which the olil house stands were withdrawn from sale, pending "'rectifitiition of boundaries; • another lot (46) was stated -to be reserved for a Sunday School and bowling green, and the-.vendor reserved lots 58; 59 and 60 for his' oivn residence. Before the sale commented, Mr Moore, solicitor, read voluminous conditions of sale, and made some appropriate, remarks' : on the prospective value of the land as building sites, owing to its faultily situation and proximity to the town, the harbour, and the freezing works. The following-is a list of the Purchasers and their purchases:— R. Morgan—Lot 29, \-\, £67; 57, la, £57; 52, 3r 18p, £45/ K. A. LeCren, 30, ia, £56. W. Hunt. 31, ia. £sl; 23, ia, £55, Clark (Christchnrcli) —32; ia, £49; 22, ia, £53; 21, ia, . £54; 15, 2r 37p, £66; 14, Ja, £63; 42, la, £6B; 50, 2r 24p, -£4B; 42, la, £6B; 51, 3r 18p, £45; . 55, la, £sl. Jl\ J. Burns—2B, ia, £72f 27, ia, £7O. D. J. Caldwell—26, ia, - £6l; 25, ia, £59; 24, ia, £6O; 13, 3r 22p, £54; 12,. 3r 25p, £52. A. Allan-—-19,, i», £65; 20, ia, £6O; ' 35. 2r 24p, £SO. P. W. Eiby—lß, Ja, £9B; 17, 2r 33p, £73. McMillan—l6, 2r 35p', £66. Elliott—36, 2r 24p, £SO. .T. E. Hurdley—37, la, £SB; 49, la, £49. J. Berry*—47, la, £6O. W. Weriy—4s, la, £6l. A. 2r 24p, £42; 44, la, £64. J. la, £69. * •K. la, £50.8, Mcßride—-2, 2a 2r 23p (with quarry), £4O per acre.'

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19040422.2.5

Bibliographic details

Timaru Herald, Volume LXXX, Issue 12354, 22 April 1904, Page 2

Word Count
720

COMMERCIAL. Timaru Herald, Volume LXXX, Issue 12354, 22 April 1904, Page 2

COMMERCIAL. Timaru Herald, Volume LXXX, Issue 12354, 22 April 1904, Page 2