WOOL SALES.

Dominion, Volume 6, Issue 157, 15 October 1912, Page 8

WOOL SALES.

THE 1912-1913 FIXTURES. The Wellington wool sales, and the dates of the cloiiup of catalogues for the 1912-13 season, are as under:— Date of Sale. Catalogue Closes. Nov. a, 1912 Nov. 2, 1912 Dec. 0, 1912 Nov. 30, 1912 Jan. 8, 1913 Dec. 30. 1912 Feb. •7, 1913 Jan. 31, 1913 March 4, 1913 Feb. 28, 1913 THE SPRING SHOWS. HRST GATHERING OF THE SEASON. The various A. and P. Associations are now busy with the preparations for their spring shows, and fnrmers who have been preparing stock will soon have a chance of parading their exhibits lwfore the iudjjes at the various metropolitan and lesser shows. As usual, the Hawke's Boy A. tuul P. Association is setting the ball rolling, their gathering beginning to-mor-row. N Tho greatest benefit derived from the shows arises from the opportunity for study by comparison, and the stoclc-owiier finds tho show the most helpful institu-tion-for a comparative scrutiny of animals and breeds. If the fanner is wise, he conducts his studies systematically, and lets no lesson escape him. He follows the adjudications in the ring closely, and by seeking to ascertain just, why a particular animal was placed above another builds more perfectly his knowledge of the type for which to breed for a prizewinner. or a money-maker, pome judges (and one in particular the writer has in tnind, Mr. E. Eagle, jun., of Carterton, a judge of Jerseys) willingly explains in detail the reason's for their decisions, the result being that many a man leaves the judging ring, as he should, with a more intelligent idea of what standard he should breed to. • Unfortunately there are judges who give their award, and in effect say: "That is my placing—take it or leave it I refuse to give my reasons for placing the animals as I did." The wore of the.farmer type of judge we have anil the fewer of the, latter class the better it will be for tlio shows and the 1 farmer- who desires to learn.

"Tis a good thing and bound to take on" is the unanimous opinion of factory managers who have seen, installed, and ysed a "Victor" Vat. The success of these Vats was assured from the start, arid up to the present' over a hundred have been ordered as an earnest of moro to follow. Orders should be placed now. —Albert J. Parton, Carterton.—Advt.

The fact that a good streak of grain was always seen in a field from which an old goi-se hedge had been dug up was explained by Dr. Hilsondnrf, of Lincoln College, at the Jvaiapoi Farmers' Union, to be caused by the nitrogen brought to the soil by tlio gorse. The fenco had made the soil vicli in nitrogen, and it would be noticeable for some time in the growing of crops. A WINNER OF COMPETITIONS. . The Egg-laying competitions for' 1910-11 and 1911-12 were both won by pens reared oh 'A. and P." Chick Kaiser. The first essential lor profitable poultry keeping. Obtainable from all Storekeeper?.—Auvt. COMMERCIAL ITEMS. INVESTMENT SHAKES. There were r.o transactions in investment eharc-3 yesterday. The quotations were as under:— Buyers. • Sellers. £ £. (1. £ s. d. National Bank 6 16 6 2 6 Equitable Building — 3 17 6 Metropolitan — 12 ;0 tl N.Z. Loan and Mercantile — 0' 9 3 N.Z. and River Plate — 2 2 0 Well. Trust and Loan ..... — VlO 0 Christohurcli Gas 8 13 — Well. Gae U'lUl - IS 0 II Gear Meat (.£4) — '.3 0 0 Gear .Meat- (£1) 3 4 0 — IMeat Jixport (-£5) 6 2 U 6 3 6 Meat Export (£4) — 5 2 0 N.Z. Shipping 14 0 0 — Well. Woollen (ord.) 3 14 0 - Well. Woollen (prcf.) — 2 17 6 ltiktirangi Coal 017 6 — Wcstport Coal — 18 9 Westport-Stockton — 0 4 6 Taringamutu Totara, 2 5 9 2 6 6 Golden .Bay Cement — 1 1 u N.Z. Portland Cement 17 6 18 9 Sharland's ordinary — 12 9 Sharland's preference .... — 13 0 CuGtoms duties collected at the port of Wellington yesterday amounted to £1376 10s. HEMP. Tlio Department of Agriculture, Industries, and Commerco has received the following cablegram from the High Commissioner for New Zealand, dated London, October 12, 1912. (Note—Quotations, unless otherwise specified, are average market prices on spijt):— V Hemp—The market is firm at the ad-

vance. The market is excited. A good demand for all descriptions. Spot: i\ew Zealand good fair grade £31 per ton, fair grade £30, fair current, Manila £29 10s. January-March: New Zealand good fair £31 Ids. per ton, fair grade £30 lCs., fair current Manila £30 10s. The output from Manila for the. week was 26,C00 bales. Stock New ZeaUuid hemp, 610 tons.

In order to ascertain the extent to which tho, reported drought in the Philippines would probably influence the hemp market—that is, if current values were likely to be maintained—the Secretary of Agriculture, Industries, and Commerce cabled to H.M. Consul at Manila to the following cffect: "Sharp, rise prices hemp, London, f,aid due depressed output Philippines. Kindly cable causes, and whether likely continue."

To this the following reply, has been received: "No shortage, arrivals hemp here at present, but eventual decrease of possibly 100,OCO bales this year, owing to drought last spring, is anticipated, provided present demand continues."

HIGH COJUfISSiONEIi'S CABLEGRAM. The Department of Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London October, 12. . (Note—Quotations, unless otherwise specified, are average market prices on spot):— Mutton.— I The ujarket is quiet. Canterbury, 4Jd. per lb.; North Island, 4 3-Bd.; Hirer Plate, 4id.

Lamb—There has been no alteration in the market since last week. Canterbury. 55d. peT lb.; other than Canterbury, 5Jd. Beef.—Tho market is dull. Supplies a.ro increasing. • New Zealand hinds, 3|d. per lb.; fores, 23d.

Butter;— The market is very firm for best quality. There are large stocks of butter of 6econd-cln-8S quality in cold 6tore. Dauish, 131s. per cwt.; Siberian, 1125.; Australian, 1153.; New Zealand, nominal, 1245.

Cheese—The market is quiet; small business doing. Canadian, white 645. 6d. per cwt., coloured. 655. 6d. _

Hemp.—The market is firm at the advance. The morliot is excited. A good demand for all description?. Spot; New Zealand good fair grade £31 per ton, fair grade £30, fair current Manila £29 10s. January-March; New Zealand good fair £31 10s. per ton, fair grade £30 10s., fair current Manila ,£3O ICe. The output from Manila for the week was 26,000 bales. Stock: New Zealand hemp. 610 tons. Wheat—The market is quiet. New Zealand long-berried wheat, ex granary, per quarter of 4961b., 395. 6d.; short-berried. 395. Oats.—The market is dull; very little businefs doing. New Zealand short (Sparrowbills), el granary, per quarter of 3841b., 265, 6d. . . . , Beam*.—'Tho domand is improving, but prices are unchanged'. New Zealand F.A.Q. (new crop), per 5041b,, 3te. 6d. Peas.—The market is firm, but demand only modera.te. New Zealand peas (partridge), per 5041b.. 40e. 6d. Linseed.—The market is dull a,nd lmSottled. Bombay, 60s. 9d.; Calcutta, 605.; Plate, 565. Cocksfoot Seed.—Tho market is very dull. FROZEN MEAT. Fy Telegraph-Press Association—Copyright. London, October 13. The Incorporated Society of Meat Importers' Kmithficld market quotations for the undermentioned classes of frozen meat are based on actual sales of not less than one hundred carcasses nf mutton or lamb, or twenty-five quarters of heof of fair average quality. The quotation': arc not for selected lines, but for parcels fairly, representative of the bulk of t.hc shipments now on the market. The prices .which follow are on the a.verage a farthing cer lb. more than tho values ex ship, this dlfforence rearesentlDß nn average cost Is expense,

handling, Conveyance, and selling the meat:— Oct. 5. Oct. 12. Mutton— d. d. Canterbury, light — — Canterbury, medium — — Canterbury, heavy — — 1 Southland 4J 4 7-15 Nortlr Island, best 4$ 4 7-16 North Island, ordinary... 4 7-16 4 3-8 Australian, light — 4 Australian, heavy 4J "River Plate, light 43-8 4 3-8 River Plate, heavy 4,5-16 41 New Zealand ewee 41-16 4 Australian ewes 4V River Plate ewes — •None offering. Lamb— Canterbury,' light 52 53 Canterbury, medium 53 55 Canterbury, hea.vy 5j 5,\ Southland 5J , North Island, ordinary... 5 7-16 . 5 7-16 North Island, selected ... 5i 5i Australian, best — — Australian, fair — — Australian, inferior — — Rivor Plate, first — — River Plate, second — — BeefNew Zealand, ox fores ... 31-16 21 New Zealand, ox hinds ... oj 3jj Australian, ox fores 3 21 Australian, ox hinds 3| 3J River Plate, frozen fores .11 23 River Plate, frozen hind 6 32 5£ River Plate, chilled fores 3J '3 3-8 River Plate, chilled hinds 5 43 The market for Tabbits ie firm, and prices are unchanged. Hares were offered in few numbers. Australian sold .at about 2s. THE WHEAT AFLOAT. By Telegraph—Press Association—Oopyrieht London, October 131 Shipments of wheat and flour afloat on October 5, a week previously, and a year previously were Oct. 12, Oct. 5, Oct. 15, 1912. 1912. . 1911. Quiar- Quar- Quarters. ters. ters. United ' Kingdom 2,490,000 2,345,000 2,365,C00 Continent 2,145,000 2,160,000 2,460,000 4,635,000 4,505,000 4,825,000 I The wheat shipped from the Atlantic and Pacific Coasts of North America during the past week, the previous week, aud the i corresponding week of last year is estimated by "BradstreetV to be:— Atlantic Coast ... 501,000 492.000 156,000 Pacific Coast 75,000 35,0C0 161,000 576,0C0 527,000 317,000 The quantity of wheat and flour shipped to Europe from the countries enumerated were as under:— Argentine 74,000 81.000 69,000 Russia 460,000 420,000 155,000 Danubian States..; 213,000 202,0C0 279,000 India 170.000 115,000 57.C00 Australa-sia 36,000- 2,000 55,000 953,000 820,0C0 615,000 Total shipments to • Europe from all ex-! porting countries for the past week totalled 1,690,C00 quarters, against 1,435,000 quarters in the previous week, and 1,145,0C0 quarters in the corresponding week of last year. ENGLISH, SCOTTLSH, AND AUSTRALIAN BANK. London, Octobcr 13. The balance-sheet of the English, Scottish, and Australian Bank, Ltd., shows a. profit of £229,015. The interest paid on per* petual stock amounted to £99,041, there has been added to reserve £45,000, and a. dividend of 8 per centum has been declared. A sum of £14.385 is to be devoted to the cancellation of debentures, and to the officers' fund £5000, and there has been carried. forward £32,443. INCREASE IN LEATHER'PRICES. Sydney, Octobcr 14. The tnnners intend to increase the price of leather by 10 per centum, owing to the increased price of. materials. SYDNEY PRODUCE MARKETS. (Rec. October 14, 9.35 p.m.), Sydnoy, October 14. Bran and pollard have advanced 10f. a ton, and New Zealand potatoes £1 a ton. RABBITSKINS—SUDDEN RISE IN PRICES. (Bj Telegraph. -Press Association.)

Dunedin, October 14, A sudden rise of Is. to Is. 4d. per lb. was experienced at the rabbitskin sales to-day. Prime super does realised ss. 61d. per lb., which is claimed to be a record for the Dominion. The high price is attributed to shortage of opossum and musquash skins on the Home market, leadiug to a demand for finest rabbitekius .for the manufacture of imitations.