FARMING & COMMERCIAL
AUCTION SALES FORTHCOMING FIXTURES. TO-DAY. 157 Lambton Quay, Wellington, 10.30 a.m.— Furnituro sale (E. Johnston and Co.). Walkanae Tardy, 12 noon.—Stock sale. Totara Flat Yards, 1 p.m.—Land sale (Dalgety and Co.). 151 Lambton Quay. Wellington, 2.30 n.improperly sale (A. L. Wilson and Co.). 105 Customhouse Quay. Wellington, 2.30 p.m.—Property sale (8. G. Nathan and Co.). TO-MORROW. Allan Street, Wellington, 10 a.m—Sale of mutton (Townsend and Paul). Egmont Street. Wellington, 10 a.m.—Sale of building material (E. Johnston apd Co.). Upper Hutt Yards, 1 p.m.—Stock sale. 157 Lambton Quay, Wellington, 2 p.m.— Salo of Carpets (El Johnston and Co.). TO-DAY. ?adtihi, 11 a,m.—Salo cabinetmaking machinery (Young, Oreasrher and Laird). Queen Street, Auckland), 12 noon.—Land sale (C. F. Dennett). 48 Aurora Terrace, Wellington, 1 p.m — Furnitncq sale (Hodgkins. Carver). 195 Lambton Quay, Wellington. 2 p.m.— Sglg of Rugs and Carpets (Harcourt and Co.). DUNEDIN WOOL SALE DISAPPOINTING PRICES. By Telegraph.—Press Association. Dunedin, March 15. Tho first wool sale held in tho Dominion since the waterside trouble, com-
menced here to-day. Prices were very disappointing, being reminiscent oPlhe 1901 slump. It is estimated that fiiß" 'actual loss to tho woolgrowers of Otago through the waterside trouble amounts to .£BO,OOO. The sale was to have been held on February 21, and was postponed on account of the waterside trouble. In the meantime wool slumped enormously. To-day the bidding was erratic, some lots realising above London parity, while many other lots of equal quality were neglected altogether. The proportion sold was approximately 10 por cent, of the offering. Better quality farmers’ crossbreds brought sd. to 6d. Hogget wools were preferred, and odd hogget lots brought up to 7|d. The great bulk of the merinos from Central Otago was passed in. Thera were very few station halfbred clips on offer. Up to lunch the highest bid for this class was 10}d., at which it was passed. First-grade necks .and light pieces were loww by 4d. as compared with January, with the exception of 56’s and 60’s, which in some cases realised up to January bids. Competition was lifeless for scourers’ pieces, and prices were from 2d. to 3d. lower. The following range of values may Tb given. In order to compare to-day’s sale with the auction held in January last, the prices given as to-day’s values only refer to wool actually sold and not to
BRADFORD WOOL MARKET
(Rec. March 15, 5.5 p.m.) London, March 11
The Bradford wool market is quiet, and prices are tending in buyers’ favour. —Aub.-N.Z. Cable Assn.
SYDNEY WOOL SALES
(Rec. March 15, 11.5 p.m.) Sydney, March 15. The wool eales were continued to-day. Japanese and French, buyers were active. Prices generally were on a par with those previously niling.-Press Assn.
CANTERBURY MARKETS
SLACKNESS TN NEARLY ALL GRAIN AND PRODUCE LINES. By Telegraph.—Press Association. Christchurch, March 15.
There is still a slabkness in .grain, seed, and produce circles, wheat being the only line that is being handled in large quantities. This line, m fact, has been coming to hand in such quantities as to cause millers difficulty in coning with it. Brewers and other users of bar'l v are using up what they have on hand and are not inclined to buy freely at present. This Iteing the case, it is hard to estimate the value of the line. Other lines of produce .remain as they were at the last week-end. The present low prices are likely to obtain tor some little time to come.
COMMERCIAL ITEMS
PRICES op metals.
Australian-New Zealand Cable Association. (Rec. March 15. 11.5 p.m.) London, March 15. spot. £66 ss. per ton; three - P? r ton; three n, BpSer.-On 7S spo tl t, £26 7s. 6d. per ton; t^ri’n.-On nt s I p<it,‘ E £ls9 23 i55. per ton; three m silver.-^ l ars, I fsjd. per onnee standard.
MINING NEWS
STOCK EXCHANGE. By Telegraph. —Press Association.
Auckland, March 15., Sale —Inscribed Stock (1938). £B2 10a. Reported sale—Auckland Trams (ord.), 12s ’ Dunedin, March 15. Sales—Mount Lyell. Ils. Id.. 125.; Westport Coal, 27a. 4d.; M'Leod Bros. Soap, 145.. reportedP. and O. Deferred, £320.
LONDON STOCK EXCHANGE Australian-New Zealand Cable Association. (Itec. March. 15. 5.5 p.m.)
London, March 14. Tho following are among the latest quotations on the Stock Exchange :- Broken Hill, buyers 355. 3d sellers 375. 10d.; Block 10, buyers IDs. 3d., sellers 10s. 4d.; North Broken Hill, 235. 9d.; Mount Lyell. 135.: Hampton, 6s. .3d.; P. and O. Deferred Stock, buyers £31(1 Hellers £330.
bids made for wool passed in:— January., March. Merino — d. d. d. d. Extra super — to 21} — to 121 Super 14 to 18} 8 to 10} Med. and good... 11 to 124 6} to 7} Inferior 9. to 101 5 to 6} Halfbreds— Extra sitper - to 18i — to 12} Super 13} to 16J 8 to 10} Med. and good... 101- to 121 5} to 7} Inferior 8 to 9} 4 to 5 Crossbreds — Extra super ... — to 13 — to 8 Super 10 to 111 5 to 7} Medium to good (i to 8| 3} to 4} Inferior 41 to 51 2 to 3 Pieces — Super 8 to 12 5} to 8} Medium to good 51 to 71 3 to 4 Inferior 31 to 5 1} to 2} Bellies — Super 71 to 9 3 to 4} Medium to good 5 to 7 2 to 2} Infer?M’ 3 to 4J 1 to li Locks — to 11-5 4} to 1} The sale will be resumed to-morrow.
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Dominion, Volume 14, Issue 146, 16 March 1921, Page 8
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901FARMING & COMMERCIAL Dominion, Volume 14, Issue 146, 16 March 1921, Page 8
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