COMMERCIAL.

New Zealand Tablet, Volume I, Issue 26, 25 October 1873, Page 5

COMMERCIAL.

Messrs McLandress, Hepburn and Co. sold by auction on Monday a number of cily sections. The sale exoited considerable interest, and after very spirited competition, the whole of the' allotments offered were sold Allotments in Forth street and Harbor Terrace, on the outekirts of the city, 30 feet frontaze by 80 feet, brought about HOO each • half an aero, with 13-roomed dwelling house, L 745 ; sections 16 17 18-, and 19, block XXXV. (i-acres), sold in one lot at LB6O. ' Mr Frbdk. H. Evans reports :— Arrow River Gold Mining shares are oftering at 5s premium. Bank of New Zealands are enquired for at Ll6 10b. Daily Times and Witness; for these shores LSO ig wanted Dunedin Water Works could be easily sold if holders could* bo induced to part with them. Friendly Societies' Hall Co. shares 3s oremium. Forbury Park, uone to be got excepß at a high figure. Greymouth coals have changed hand* during the week at from 3s to 6s premium. In South British shares,- transaction* have taken place at 50s Shotover Terrace shareholders will be glad to learn that there is decided good news just received from the claim. Several new com* oanies are now before the public, and lately two building sooietitp have been projected, floated, and actually .-ommenced business. Auckland.— Mr Saunders reports buyers of shares as follows:— South British Insurance,- £2 4s ;• National Bank of New Zealand, £2 7s 6d- Moauataiari, £2. He reports sellers of shares as follows:— Bank of New Zealand, £16 ; National Bunk, £2 8s 6d ; South British* Insurance, 12 6s j Tokatea, LI 10s.

toii.^ 688 ™ Wright, Stephenson and 00. report for the week ending I 18th October, 1873 :— Fat cattle, 25s to 30s per 1001 b; extra prime, 33s per 1001 b ; fat sheep, 17a 6d to 17s 9d ; prime half-breds, 4d per U> ; do merinos, 3*d to 3|d ; fat lambs, 13s each ; bullocks, 3to 5 years, 14 5s to L 4 10s j spayed cows, L3ssto L 3 10s ; mixed lots, L 2 10s ; merino wethers, 9a 6d to 10b ; hoggets, 9s. Horses.— The demand is «jll good for both heavy draughts and horses adapted for saddle and light harness. A shipment of very superior draught mares and geldings, ex India, from Tasmania, met with active competition, and brought from L4O to L 92 each ; first-class draught, L6O to L7O ; medium do, L 35 to 140 ; good hacks and light harness horses, L 25 to L3O ; medium do, Ll2 to Ll7 ; light and inferior, L4to L 6. Sheepskins — Half-bred green skins, 5s to 7s Id ; station do, 4s 8d to 5s ; merino green skins, 3s 2d to 5s 4d ; station do, Is 9d to 3s 7d : hides on good demand ; medium weights, 21s 9d to 22s ;■ inferior, 15s to 17s each. Gram.— Wheat remainß unchanged in value, and the demand at present is confined to local buyers ; prime samples, 53 3d to 5s 6d per bushel; inferior, 4s 9d to 5s j fowls' feed, wanted,' at 4s per bushel. ' * Napier, October 21— In stock and station property, though extreme rates were demanded, several transactions were completed during the month. The Grange estate, consisting of 5000 acres, with roi/i ong T Colled shee P» was Bold fco Col °nel Whitmore for about Jj20,000 ; the Apley estate of 15,000 acres, to Mr Buckland, for 1^30,500 ; the Redcliffe estate, of 441 acres, to Mr Condie, for LSOOO • and part of the Tunanui estate, of 11,000 acres, to Messrs R. Rhodes and Shields, for L 19.250. There are several other properties under negociation, but the high prices demanded restrict transactions. Store sheep are likely to be in considerable demand. One transaction wag recently closed of 80C0 half-bred ewos at 6s to 7s, and 1300 wethers at bs. Greasy wool has been offered at Is per lb. Wheat is at 5s to 5s 6d, and oats at 5s 3d to 5s 6d. Barley is very scarce, and is quoted at about 8s 6d. Potatoes are in good supply atL2 10s te L 3. Sawing timber— white pine is 12s per 100 f«et ; and kauri is 14s 6d per do! Coal is at li 3 per ton. Shearers are asking 20s to 22s 6d per 100 A large amount of publio works is held over, owing to the want of labour. Auckland, October 17th.— Mr Buckland reports that there is a full supply of store cattle. Of fat cattle, principally ship borne, there is an ordinary supply at 30s to 32s per lOOlbs. Sheep, plentiful ; 5d in the wool, 4d shorn ; merinos Id less per lb.— Mr John Reid reports Hour steadier, at Ll4. Export business is active •ii Ch ™*f hnr o h « October 17.— Flour, Lll 10s to Ll2 10s at the ? oi'j W£ eat and oats are BCar ce at 5s and 4s 6d, f.o.b. Butter, Bri SI 4 ™ - ese> , 74d< Ohaff ' L 4 lOs t0 L5 ' Hams and bacon » 8d H*d.— -lhero is a little more enquiry for wheat for English shipments. Prices unaltered. Flour, dull. 1000 bags of oats were shipped to Wellington during the week, but they are still dull. Holders are anxious to clear out stock at quotations.