WOOL.

Press, Volume LXVI, Issue 20108, 11 December 1930, Page 12

WOOL.

TIMARU SALE. There will be no limit to the catalogue for the first wool sale of the season in Timaru, which is to be held at the Theatre Royal at 9 a.m. on December 15th. The following is the order of : selling:—National Mortgage and Agency Co.; New Zealand Loan and. Mercantile Agency Co., Ltd.;' C.F.C.A., Ltd.; Dalgety and Co., Ltd.; Pyne, Gould, Guinness, Ltd: STEADY COMPETITION AT LONDON. (UNITED PRESS ASSOCIATION—BY ELECTRIC TELEGRAPH —COPyBIQHT.) LONDON, December 9. At the wool sales 11,432 bales were offered, including 3392 from New Zealand, and about 9000 were sold. There was a good offering of clip wools, both greasy ;;nd scoured, and a moderate supply of all New Zealand sorts, with steady competition at late rates. New Zealand quotations were:— Top. Average. Maka ... ... Bjd 8d Te: Hoa ... 7jd 7d Te Kopae ... 8d 7jd j . , "Dalgety and Company, Limited, Christchurch, have received from their London office. tho following cablegram, dated' December 9th:— Wool: The sales continue with good competition. Crossbred very firm, with slight upward tendency. Merino— Change if any is in favour of buyers. WOOL BROKERAGE. REDUCED CHARGES URGED. A reduction in • wool brokerage charges was recommended to the Gen- 1 oral Committee of the Canterbury Agricultural and Pastoral Association at yesterday afternoon's meeting. A letter was received'from the Waimate Agricultural and Pastoral Association asking for support for the following resolution; : '.'That the Waimate A. and P. Association is of the opinion that the present charge o£ id per lb made by wool brokers for receiving, weighing, and classifying wool, is excessive, re"presenting as it does a charge of at j least 3 per cent, on the total value,) and is out of all proportion to tfce j work involved. We urge that efforts be made to secure a substantial reduction." j __The question was referred to the Sheep Committee for a report. EXPORT BONUS ON BUTTER. . REDUCTION IN AUSTRALIA. ' •' (Received December 10th, 8 p.m.) HOB ART, December 10. The*}' Australian Butter Stabilisation met, at Launceaton to-day t« give' consideration to the payment of a on butter for 1931. The committeo decided, owing to prolific production and largely increased exports, that th»re was no alternative but to reduce the export-bounty. to'3Jd on butter manufactured after December 31st.

BUTTER FOR CANADA. NO SHIPMENTS PROM AUSTRALIA. (CKITFO PRESS ASSOCIATIOJf—B* ELECTRIC TZSLEOBAPH—CtfPTRIOHT.I • OTTAWA, Deoember 9. .' The /Australian Trade Commissioner (Mr L,. R. MacGregor) has ■ received ; a; cablegram-; from Melbourne stating that no* further' shipments of Außtrarliatn butter 'for Canada will be authorised, . pending' the conclusion of the conference between -Mr P. J. Moloney (Australian' Minister for Trade) and the Canadian authorities next week. BRITISH ENGINEERING WORKS. LARGE CONTRACT SECURED. (BRITISH OmOIAL WIRELESS.) RUGBY, December 9. In the face of keen international competition an important contract for eight huge boilers has been given by the Copenhagen Municipality to the Stirling Boiler Company. Limited, Glasgow. The boilers are required in connexion with the Copenhagen big 30,000 -kilowat power plant, the contract for iWhich went, recently to Parsons, Limited,, of Newcastle. PEDIGREE JERSEY CATTLE. SEVENTEEN AVERAGE 310 GUINEAS PER HEAD. I ' I (press association TBLEGRAU.) 1 HAMILTON, December 10. 1 There was a large and representa- ! tive attendance of breeders at the ! offering of T. S. Couper and Son's special island importation of jerseys to-day. The seventeen head sold avert aged 310. guineas. Eight bulls averi aged 354 guineas. The highest price, 1 600 guineas, was paid by Mr W. H. 1 Miers, of Rototuna, for Roseland PioI neer, a fine type of two-year-old x AnI other two-year-old, Coronations Bid, l was purchased by Dr. G. Walker, of I Whangarei, for 500 guineas. 1 The bulk of the offering was secured Iby Taranaki and North Auckland I breeders, a two-year-old bull, first prize 1 semor yearling winner at Jersey, was 1 bought by Messrs A. and J. O'Don--1 nell, of Hawera, for 450 guineas. I COPPER DEPOSITS NEAR I WOODVILLE. I A report has been received by the Ruahine Copper Mining Company from tho Elborf Geographical Survey Group I of tho Maharahara (Woodville) copper deposits. The Government contributed £SOO towards the cost of the survey. The report is considered encouraging, and on the return to the Dominion early next year of Mr Modriniak, who was leader of.the survey party, his advice is to be sought on the subject of exploiting the deposits.