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THE WOOL MARKET

London Sales Firm BRISK COMPETITION By Telegraph.—Press Assn. —Copyright. London, January 16. Offerings at the wool sales to-day were 8775 bales, including 1827 New Zealand. About 7690 Australian and New Zealand were sold. There was brisk Home and Continental competition, and full opening rates were maintained. ' New Zealand scoured halfbred combing. “Glenmore,” made 23d. per lb. top price and 22d. average. SYDNEY SALES FIRM Good General Competition By Telegraph.—Press Assn.—Copyright. (Received January 17, 10.45 p.m.) Sydney, January 17. At the wool sales to-day 12,436 bales were offered and 10,750 sold. The market closed firm at late rates for all descriptions. There was good general competition. Greasy merino made to 19d. December Wool Offerings Dalgety and Co. report the quantities of wool offered in New Zealand for the month of December last as 76.326 bales, of which 67.721 bales were sold. The offerings and sales for the period, July 1 to December 31, compared with those of last season, were as follow: — 6 mos., 193-1. 6 mos., 1933. Bales. Bales. Offered. Sold. Offered. Sold. Dunedin .... 17.592 16.765 33.747 33.228 Titnaru 8,957 8,001 12,281 12.103 Christchurch . 19,396 18,124 28,603 27,657 Blenheim* .. 44 44 28 25 Wellington . 16,780 13,691 3j,7i4 34,5.8 Wanganui .. 402 402 5,722 5,382 Nat i?r 17,545 14,089 25,560 24.910 Gisborne* .... 998 1102 2,174 2,121 Auckland ... 19,724 13,031 27,568 27,199 Totals ..101,438 85,699 171,457 167,2119 ♦Oddments. Exports of wool for the period in review show a heavy decline, being 112,828 bales, against 206,649 bales for the last half of 1933. BUTTER AND CHEESE Britain’s Imports According to the latest returns received by the Dairy Board, imports of butter into Great Britain from all sources during 1934 totalled 485,075, an increase of 43,0-50 tons compared with 1983. Supplies from Empire sources increased -by 31,373 tons to 201,206, and from foreign countries by 12,577 tons to 321.4&). New Zealand was the principal supplier with 133,829 tons, which exceeded Denmark's figure of 121,353 tons by 9476 tons. , , Details of the Imports of butter into Great Britain for the last thre years are as

Grand total .... 485,675 441,725 418,218 Great Britain's imports of eheese from all sources during 1934 totalled 149,.>74, which was 21400 tons less than in 1033. The folio-wing table gives a comparison of Britain’s cheese imports for tlie last

Grand total ... 149,574 151,983 150,155 It will be seen that Now Zealand was the chief supplier of cheese, her 101,654 tons being just over 70 per cent, of the total imports. Butter and Cheese Slow The New Zealand Loan and Mercantile Agency Company, Limited, have received the following advice from their London house, dated January 16: —Dairy produce (last week’s quotations in parentheses) :—Butter. New Zealand choicest salted, 79/- to SO/- per cwt. (82/- to 83/-) ; cheese, white and coloured, 46/per cwt. (47/6 to 48/-). Markets slow. BASE METALS MARKET Slight Easing in Prices By Telegraph.—Press Assn. - Copyright. (Received January 17, 10.5, p.m.) London, January 17. The official London (middle) quotations for Wednesday, as reported by the Australian .Mines and Metals Association, compare as under with those previously cabled;—

Dividends and Calls Dividends— Due.lI.M. Arcade—final pref., 5 1-5 p.c. per annum, ord. 3} p.c. Jan. 23 Hume Steel—pref. 10 p.c Jan. 21 Kuala Lumpur Tin, (id. a share Jan. 25 Mining Trust—l2} p.c Jan. 25 Union Bank—interim. 2/G a share Jan. 30 Mcgitt Ltd.—Half-yearly pref. 10 p.e. per annum, less statutory deduction, and 5 p.c. per annum Jan. 31 Farmer and Co. Ltd—half-year-ly, first pref., 0 p.c. per annum; second pref., 7 p.c. per annum Jan. 31 Aust. Gen. Ass.—B p.c Jan. 31 Wgtn. Trust and Loan—s} p.e. Feb. 1 A. I’. Assurance—2} p.e Feb. 5 Wgtn. Gas Co. —I p.c. final, makings p.e. for year .... Feb. 5 Merc. Mut. Ins.—int., halfyearly, 3 p.c Fgb. 7 Commercial Bank of Aust.—interim, pref. 4 p.e. p.a.; ord. 5 p.c. p.a Feb. 8 Queensland Nat. Bank—int., half yearly, 4 p.c. per annum Feb. 14 N.Z. Insurance —interim, 1/- a share Feb. 18 N.Z, Refrigerating—s} p.c. ... —

1932. Tons. 89,773 106.942 15,733 4.380 -Australia Now Zealand .... Irish Free State .. Other British etys. 1934. Tons. 105,187 133,839 33,420 1,770 1933. Tons. 81,077 125,022 18,933 3,001 Total Empire .. 261.200 232,833 216,828 Soviet U. (Russia) 25,301 28,135 10,144 Finland 7.5 W 0.091 10,831 Estonia o;i47 4,168 4.158 Latvia 7.7152 7,308 5,628 Sweden 15,115 11.538 8.73!) Denmark 124,353 125.1)50 129,183 Netherlands .... 15,O4(i ’ 7,288 2 349 Argentine 5,57*2 10,122 19.551 Lithuania 7.104 5,211 3.407 Other foreign, clys. 7,477 2,675 1,350 Total foreign .. 221,409 203,892 201,390

three years:— 1934. Tons. ’ 1933. Tons. 1932. Tons. Australia 5,724 4,023 3.077 New Zealand .... 104,031 102.970 1)2,457 Canada 20.0)5 31.480 37,373 Other Brit. ctys. 393 090 948 Total Empire .. 130,808 139,775 131,-155 Italy 4.037 4,515 5,305 Netherlands .... 0,383 0,110 S,50t! Switzerland 711 090 723 Other foreign ctys. 927 893 1.170 Total foreign .. . 12,708 12,208 15,700

Copper— Jan. lu.i Per ton Jan. 10. Per ton. £ s. d K s. d. Standard 27 IS 9 27 10 101 Standard, forward ‘JS S 9 28 4 4} Electrolytic 31 0 <» 31 0 0 to 31 10 0 31 10 0 Wire bars Lead— 31 10 0 31 10 0 Spot 10 5 0 10 3 9 Forward 10 10 0 10 8 9 Spelter— Spot .12 0 0 11 17 0 Forward •••••«.. 12 0 3 12 3 9 TinSpot 230 13 0 230 7 0 Forward 22S IS ‘J 22S 17 0 Silver— Standard, per oz. , Fine 21 9-lOd. . aiid. 219-lOd. 20Jd.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19350118.2.116.6

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 28, Issue 97, 18 January 1935, Page 12

Word count
Tapeke kupu
904

THE WOOL MARKET Dominion, Volume 28, Issue 97, 18 January 1935, Page 12

THE WOOL MARKET Dominion, Volume 28, Issue 97, 18 January 1935, Page 12

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