COMMERCIAL.

Timaru Herald, Volume XIIC, Issue 14015, 25 September 1909, Page 4

COMMERCIAL.

CLEARING SALE. The Canterbury Farmers' Co-opera-trre Association report having held on account of Mr John McKenzie on Thursday last, at the homestead, St. Andrews, a very satisfactory clearing sale of stock and implements. Prices were as follows: —Implements—Dray £ls, seedsower £4 ss, disc £4 2s -6d, ridger £1 10s, dJ. plough £l, spring cart £5, tip dray £4 17s 6d. Sheep— Hoggets (mixed sexes), 12s 2d, 10s 9d; ewes, 4, 6, and 8-tooth with lambs at foot, 12s 3d; wethers, 14s 2d. Cattle—Steer fat, £7 12s, £5; heifer, £4 15s; yearling £1 12s 6d; cow, £6. Horses—Gelding, 8 years, £ls 10s; mare, 7 years, £ls; mare 6 years, £27. • ST. ANDREWS SALE. The usual fortnightly sale was held at St. Andrews yards yesterday. The yarding forward was a small one comprising chiefly wethers and "hoggets. The demand for all. classes of stock was good, and prices show a good improvement on last sale here. The following are the actual sales. Sheep —Fat wethers to 16s 9d; fat and forward wethers, 13s 6d, 14s 6d. to 15s 9d; wethers hoggets, 10s 4d, lis 2d to 12s 2d; ewe hoggets, 13s; twotooth, ewes 14s lid. Cattle—Fat cows to £5 15s; springers, cows and heifers £4 10s, £5, £6 10s to £6 12s 6d; young: cattle 20s to £2. LAND SALES. Guinness and Ltd., Timaru, report the following land sales during the past fortnight. For Mr W. A. Taylor, his farm containing 471 acres of rich alluvial wheatgrowing and. fattening land, Clandeboye, to Mr J. Campbell. For Messrs O'Boyle and Ritchie, their fine suburban farm containing 133 acres of rich, wheatgrowing land, Fairview road, Timarn, to Mr Lewis Mathias. For mortgagee, 10 acres' of suburban land with dwellinghouse, Quarry road, Timaru, to Mr J. Albert. For Mr A. Moore, 200 acres of rich agricultural and grazing land, at Gapes Valley, to Mr H. Alley. (This farm was sold in conjunction with Messrs Bruce and Co.). For Mrs Saunders, lease of residence, and 6 acres situate in Wai-iti road, Timaru, to a client. For owner, modern 5-roomed house and section situate in Hatton street, Timaru, in a client. "We hare further to report a good enquiry for wheatgrowing farms, and if owners are prepared to accept market value, quick sales can be effected. THE GRAIN MARKETS. The local grain- markets are nill characterised by a lack of animation, and only an odd line of wheat changes hands. One sale of a line of good nulling velvet was made in the early part of the week at 4s 3d delivered Timaru, but this cannot be taken .•>« a criterion of values in general which vary according to the cirennrrtaneps in which a buyer or a seller finds himself placed. Sales have been made lately of good samples of wheat at from" 4s Id to 4s 3d delivered Timaru. but most holders decline to accept these prices, and so long as millers are well stocked they will not give any more. Some of them will not give more than 4s Id and odd lines

have been secured by them at this figure. The oat market is quiet with only a hand to mouth business passing. Prices of this cereal run between Is 4d and Is 6cl according to kind and quality. Business in the potato market has been very slack during the past week, the over-stocked state of the market having led to a general depression in prices. In spite of a large shipment of 8000 bags to Auckland in the Kaitangata recently, which would, it -.vas thought, have firmed prices, quotations have dropped to £2 10s per ton, f.ob., and that too for prime quality only.