COMMERCIAL

Timaru Herald, Volume XC, Issue 13289, 18 May 1907, Page 4

COMMERCIAL

LAND SALES. Guinness and LeCren, Ltd., report the sale- of Mr Christopher O'Neill's farm, of 254 acres, near MakHdhi, to Mr James •Streeter, of Greenpavk, at a satisfactory price. One of the most important sales of high class agricultural land that has taken place in South Canterbury eventuated this week, when Mr Kobert Campbell sold his farm of 516 aeres at Seadown to Mr Michael Gaffaney. The property, -which adjoins that of the late Mr John Hedley, is undoubtedly one of the best in this district, and was a very early selection. The transaction was effected by the Canterbury Farmers' Cooperative Association. The sub-division -sale of the Clydevale Estate has met with phenomenal success. It is only twenty-one days since the estate was first- open for selection with a result that- now only fourteen small farm lots and the Clinton -Block of 4486 acres are left out of a total area of 32,185 acres. Visitors to the estate speak highly of it and also the very fair prices placed on each lot and every buyer is well satisfied with his purchase. The buyers have come from Kaikoura, East Oxford, Springfield, Ghristchureh. - Hororata, Marlborough, ililton, Dnnedin, Clinton. Timoru and Oamarn, and the sale is evidence of what a combination of first-class agents with judicious and extensive advertising can do in so short a time. The agents recognise that the only successful way of expeditiously bringing such a desirable estate under the notice of the public is by advertising and they have done this with the desired effect. It is expected that the balance of the estate w2l be sold within a week or two, as the blocks still for selection are quite of equal value to those already sold. WILSON'S SALEYAKDS. C. R. Wilson, Tuam Street, Christchurch, reports that business is still booming. Over 3000 head poultry were entered last Saturday, and all sold readily. Fat hens, 2s to 3s pair; special laying sorts, 4s to 5s 6d; pullets, good sorts, 4s to 7s 6d: roosters, young, fat, 4s to 5s 4d; duck:, fat, 4s to 5s 3d; geese, slow of sale, 4s 6d to 5s 6d; turkeys, 14s to 18s; eggs, best samples new laid, 2s 4d to 2s 6d dozen; ordinary, 2s 2d to 2s 3d; preserved, Is Id to Is 2d. TEVIARU GRAIN REPORT. Wheat.—Since hist report a considerable change has token place in the market, una with the rise in flour, prices all round have hardened up very considerably. Tc-day wheat is worth tor mixed lines, 5s 6d at country stations, and Id more for Velvet, bags extra; seconds, 3s. Practically no wheat is offering, holders preferring to wait further developments in the market. Oats.—These have also hardened up during the pact week. Values now are Gartons 2a 6d, Danish 2s 5d to 2s 6d, and Duns 2s Bd. Potatoes.—The market is flat, and the inquiry is very slack owing to a considerable quantity of Australian and Tasmanian Jpotatoes having been brought into the North Island. To-day the value is £3 for Derwents and Up-to-Dato?, bags in. There is no inquiry for barley. CLEARING SALE. The National Mortgage and Agency Co. of New Zealand, Lt., report having held a very successful clearing sale on account of Mi- R. J. Corbett, Gsraldine, on Thursday last, when owing to Mr Corbett having disposed of his property the whole of his stock of horses, sheep, implements, etc., were submitted for unreserved sale. There was a large gathering at the sale, buyers being present- from all parts of the district. The whole of the live and dead stock was in first class condition, and competition was very keen on every lot offered. The following are a few of the realised I rices i —Horses: Bav mare Violet £SO. bay filly Queea £4£," bay filly Mag bay gelding Punch £32. chestnut mare Gyp £27 10s, bav mare Kate (aged) £27 10s. vearling fillv £lB IGs, foal £l6, foal £13." She*p: 100 4-tooth ewes-225. 151 f.m. ewes-15s lOd, 140 lambs 14s lCd. 25 fat ewes lis Id, also a large assortment of implements and sundries at full ratesl TTIK CHRISTCHURCH MARKETS. Per Press Association. CHRISTCHURCH. May 17. The local wheat market has taken a sharp riso during the week owing to the advance in the Honn- and Australian markets, and the excitement in America. Farmers have been holding firmly for «»"•■ time past, and little wheat has been s'llcl by them during that period. The high'-r prices '-tiered this week have led to a ftw .•ales, but very little is yet offering. A I in* of 1000 bushels of Waikari wheat has rhansr?d hand.* at 3s 5d on trucks and j 1200 bushels of tusc.in and p'l.vl in swat Aldington has b z ..n -oH ;>• 3-- T I. ui/Ii '

a month's free storage. Other lots have been taken at 3s 3d and 3s 4d at countiy stations. Merchants who have sold at 3s 8d f.o.b. are now asking 3s 9d. Oats are also firmer, merchants having made an advance in their, selling quotations, and are now offering higher rates to secure supplies. A line of 10CO bushels of gartons has been purchased at a penny station. Chaff is- very firm, and the sale of a line to go south is reported at £4 2s 6d at Ashburton.