MINING NEWS
WELLINGTON SHAKE MARKET. There were no transactions in mining oharcs on Saturday, and the quotationa were as follow:— Buyers. Sotlnra . ■ £ s. d. £ s. d Murray Creek (lOs.l — 016 9 Talisman — 18 6 Wailii 111 9 112 9 Grand Junction — 13 6 STOCK EXCHANGE. (By TeltEKijih.-Prcss Association.) Dunodln, Sentoniber 19. Kales:— Wrotport Coal. £1 9s. 3d. Talisman, £1 7s. 9d. Junction, £1 3s. Cd, £1 3g, 7d„ £1 35, : 9 d.
WOOL & MEAT PROSPECTS OF A GOOD SEASON. (By Telegraph.—Special Correspondent.) Napier, September 17. In an interview this morning, Mr. J. Q. Herdman, manager of tho Napier branch of Balgety and Company, Ltd., said that as tar as stock and frozen meat were concerned, he thought tho farmers were going to have a good time, provided, of course, that the North Sea remained open. "I think," he said, "pricos for all classes of stock and dairy produce ought to ho very good this season. As far as wool is concerned', it is very liard to say exactly what is going to happen. I think it goes without saying that there will be a drop in the prices of wool, as compared with obtained last year, especially in tho hner classes. The drop will, I think, bo much more pronounced in tho [merino and halfbreds. Even though
there may be a drop, I think all classes of wool will get payable prices provided the buyers from the different countries are able to make satisfactory financial arrangements with the bankers here. "There will probably boa big demand for coarse wool, such as is suitable for soldiers' uniforms, etc. What the farmer will get for his frozeu meat and stock ought quite to compensate for what ho will lose in the prices of ■wool. I do not think there is anything serious in the outlook at all as far as Neil- Zealand is concerned. There is ovory indication of a splendid clip in Hawke's Bay this year, and big lambings. Thero has been a larger death-rate of breeding, ewes this season than is usual, but the percentage ol lambs is very good, and thero scorns to be every prospect of a really good clip."
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Dominion, Volume 7, Issue 2260, 21 September 1914, Page 8
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362MINING NEWS Dominion, Volume 7, Issue 2260, 21 September 1914, Page 8
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