Commercial.

Western Star, Issue 778, 26 September 1883, Page 2

Commercial.

Cmitoffis rerenuo for tho week ending 21et Sept., 1883.

AUCTIONEERS’ REPORTS. J. O, McArdell (on behalf of tho British and New Zealand Mortgage and Agency Company, Limited) reports the following sales for the week ending 21st Sept.At Wyndham on tho 3rd inst., we held a sale of fat cattle, when 45 head were yarded, all of which found buyers at from £6 to £9 for bullocks, and £4 to £4 17s 6d for cows. On the 13th inst., at tho same yards, we held a sale of stock, chiefly store cattle. The entries comprised a 180 head of catlte, 105 sheep. All were sold at the following satisfactory prices : —Crossbred wethers, threeparts fat, 14s 6d each: 181 head of mixed young'cattle, £3 18s to£llsseach —tho latter being for yearlings, or an average of £3 per head. We also sold on account of the trustees in the estate of James Milne, a stock of groceries, bu-cher’sJJ and baker’s plant. The sale attracted a large number of buyers, resulting in satisfactory prices being obtained; At Wallacetown on the 17thinst., we held a sale of fat and store IJstock, when 59 head of cattle and 562 sheep were yarded. For fat cattle—Vendors’ prices were for the most part above butchers’ values, resulting in the greeter number being passed at auct ion, many of which were afterwards sold privately at prices ranging from £7 to £8 5s for medium weight bullocks; and £6 to £6los for cows—equal to 24s per 1001 b. A few small store steers sold at £3 10s each ; and privately 80 head mixed cattle at £3 each. Sheep, light weight wethers, sold at 14s each ; hoggets (stores), lls 6d; store wethers, crossbred and merino mixed, lls 6d; old crossbred ewes, 9s 9d. Fat sheep may be quoted 3d per lb for prime quality. Store Sheep—For the better class of crossbreds, both ewes and wethers, there is a fair demand, and inquiry thus early points to the probability of a strong demand after shearing, when doubtless high prices will rule for really good sheep. The satisfactory returns from frozen mutton will no doubt cause our farmers to tax the stock producing qualities of their properties! to something near their real capabilities —our soil and climate being both eminently adapted to the growth of the long-woolled sheep most suitable for export. Country Sales—We shall hold our next sale of stock at Fosters yards, Thornbury, on Thursday, 4th Ooiober, entries for which are now being received. Properties —Wo report having sold privately a farm of 597 acres in the Tuturau district, in the estate of the late Andrew Muir, for £2605, Mr A. R. Ward, of Marlborough, being the purchaser; also a small farm of 50 acres at Lintley Village, near Lumsden, to Mr Southern at £4 per acre. We have one or two sales pending for larger properties.

G-. F. Margin (on behalf ofthe National Mortgage and Agency Co. of N.Z., Limited) reports for the week ending 20th Sept., ns follows: —

Fat Stock—The local beef market continues firm, with on upward tendency, and we hare placed some lot* privately at from 23s to 25s per 1001 b; and through Messrs Wright, Stephenson and Co., 18 head of pollers, on account of Mr Alexander Jenkins, at an average of £9 15s 6d, in the Burnside yards. Fat sheep are steady at former quotations, about 3d per 1 for prime quality. Store Stock—There is a slight enquiry for bullocks, suitable for summer fattening, but only for forward delivery, and sellers prefer taking their own chance of the market when the grass is more advanced. In sheep, all classes of crossbreds are in brisk demand for forward delivsry, but sellers are few. Horses —Draughts up to the present bare •old freely, but owing to the collapse of the Sydney market, are likely to rise in values. There was the usual attendance of representatives of the trade at our sale on Wednesday, and good prices were obtained. Sheepskins—We submitted a moderate catalogue. All lots were sold under brisk competition. Crossbreds, Aid to 4Jd per lb ; merinos, 4jd to 5i per lb, Babbitskins —Winter skins are now becoming scarce, but for good well-sorted lots, there was keen competition. We sold 29 baps at 16v per lb; also a few mixed lots at from 2s 6d per dozen. Hide*—Heavy weights are in moderate demand, tut for light weights and medium, offers are few, prices ranging from 8s 9d to 12s each.

Grain —Stocks are low, and prime milling wheat cannot be quoted under 4s f.0.b.; medium, 3* 9d. Oats—For millmg quality there is no demand. There is a steady market, however, for good feed sorts, and Is 2d for long, and Is lOd for short are the prices ruling. Ryegrass —For undressed there is no demand, tut for well-dressed parcels, 5s to 5s 9d can be got according to quality. Land Sales —We have sold on account of John Morrison, Esq., 86 acres of the Dipton Estate to William Camnbell, at £4 10s per acre ; also 200 acres to Alexander William Bose, at £5 per acre.

CHRISTCHURCH CORN EXCHANGE. Report for the week ending Friday evening, the 2let insl: — The principal business of the week, and the only one which is deserving of notice, is the persistent continuity of depression which pervades all trades, and more purlicularly the grain trade. Sales of all classes of produce are difficult to effect, so that in sympathy with this, values may bo said to be a shade easier. Wheat—Good milling samples, 3s lOd to Is per bushel (delivered at Christchurch) ; seed quality, 4s 6d to 4s 7d per bushel; second quality, 3s to 3s 6d per bushel; chick wheat, 2s 3d to 2s 6d per bushel. Oais. —Rrignt milling quality, 2s to 2s Id per bushel (f.0.b.) ; feed quality, Is 9J te Is lid per bushel. Barley. —First-class malting, 4s 3d to 4s 6d per bushel; feed quality and” second quality malting, 2s 4d to 3s 6d per bushel Grass-Seed.—Farmers’ samples, 3s 3d to 3s 9d per bushel; machine-dressed, 4s to 4» 3d per bushel ; Cocksfoot, 4i to 4jd per lb; Potatoes, 25s to 27s 6d pe- ton. gjjeese and Butter.— 4*d to Cd for the

former; 8d to B|d for the latter. London, Sept. 24. The catalogue at to-day’s wool auction sale comprised 10,000 bales, which were offered to a firm market for all hut low to inferior qualities, which remain generally dull.

£ d. Spirit* ... 17 7 10 Tea .. ... 3 6 8 20 14 6 ■ —