Commercial

Horowhenua Chronicle, 4 October 1915, Page 2

Commercial

£itt.i:\ A-Mv Jiwih tiALb. Auranuiii ami Williams, Ltd., report u:i tlieir sale as iolkiws:—We ullered a goou catalogue oi all classes oi prudiice, our hide, eaialugue comprising o(J0 iiides and iOU calfskins. There was good competition iur uest aiiiua and llawu wei'e a. larthing beKcfuian last sale. Damaged and interior skins uere easier by a larLliiny. Hides wore at par. Skins.—Hall ured 10u ; line 'crossbred 'J id to lUid, medium to coarse crossbred tid to 10id, shorts to half wools o<l to 7id, dead ami damaged Oil to Bd, inferior 2d to b"d, lambs to Did, dunii) and salted 5s (id lu lUs, pells l.i Bd, malted lambs Is ,"jd to Is 10d. Hides.—Heavy ox lOd to Hid, medium ox lOd to lOjjd, 3]<\ I', SJd, heavy cows KM, medium cows Bijd to Wd, light con-.-! 8d to Bi{d, cut and .slippy''id Lo rid. bulls and stags o-Jd to <"<*(;, yearlings (id to B\il, best call llnl to llljjd, medium calf ,8d to lOd, .'iamaged 3id to 8j(l. Tallows.—ln cadis 21s l)d to 2os; n tins 17s 3d to 235. liAMv Ol' , SEW ZEALAM; i'HODL'CE CmOL'LAlt. London, -Itli Auyst. \\ oul.- -i Jic iiJLb series of wool sales wliich opened on the liUth ult, closed on the. 21th ult., or one week earlier liiau originally arranged lor; the i[iianuues available, catalogued and ■held over being respectively as under: Xet available, bales; catalogued 18U.M3 bales; held over 72,000 bales. Of the quantity (sold some 2U,(M) bales have been taken tor export, including •"000 bales purchased lor shipment to

.Viuerica. Subsequent to the issue of our last circular, which dealt with, the i peiiing period of the sales, a considerable change in the market manifested i'Self towards the end ot the second week. Competition during the earlier part of the series was fairly active,, but I iter on buyens uecaino very apathetic, I lie result being a great deal of irregularity in prices, except in the case ( i the better classes of merinos and I , ne crussbreds. The altogether uiii xpected set-back in values is attributed to dilliculties m hnaiice—large ivi ins ol money for the time boing are lacked up in wool with little immediate prospect of liquidation—as well as Milliciciicy of wool in buyers' hands lor present reijuirenicnt.s and general dillii iltics connected with tlie transport of

'.■•.,01, etc. It therefore becomes only iuo apparent that il me original ciuauiities available were lorced upon an uu-

■.i ilJing market, tJiere would probably i.L , a .still lurther decline in values, and ii order to relieve the .situation thy i importers' ComuiiLtoe deemed it advisiiijle in the iuteroas ol the trade ai> a. whole to curtail the salets by one week. I heir action appears to nave been lully .|ustiiied, by uie noticeably liiinei , tone ol the niariiet towards the Later part ol t/lie seiies, the auctions i iositig Jinn, not only lor merinos, but :i..>o tor ciori.sbreds.

Line ol tlio features uf the Kei'ios lm*> ! on the \ery keen demand lor yood fe'.iaity merinos, tlio value bciutj . ■ per cent dearer, wliie.ii increased' to nl to 15 per cent as the Kales progres*-

01. Afier u, while, However, prices .■;; m.ml again, and at the close the nupiovemeiit did nob ainouut to more than . ; lo 10 per cent. Ordinary Hortfc, wiiicli at tlio outset wore Quoted about ■"< ji.'i- cent better, also lull away and I'm- heavy faulty lots tlie demand was ii regular, especially during tiic middle hi the series, and they liave clofcod at a decline of about o per cent. Fair offerings of heavy greasy merinos, lrom the dominion, have often been withdrawn. The best scoureds have enjoyed sound Continental competition all through the series and also a lair demand from the South of Scotland. America has been on tne market tot the lower descriptions, such as faulty pi< 'ces, bellies and locKs, -which closed at about May rates. When wo come U; crassbreds the series has been distinctly disappointing. During tho hrsl week the values were, pusliecl extremely high. A reaction thereafter set in, which resulted in a good deal of the im|)rovment being lost, it is not considered that-the best greasy fine crossbred,s, in spite ol active French competition, have continued to make the best pricos of tho. opening week, the decline being a halfpenny to a penny per Ib, which brings bliom back to May values. The medium and coarse qualities, which at tlio beginning were 5 per cent dearer closed at a decline of fully o per cent from May closing rates,. whilst upon dingy wasty lots the reduction was often considerably mnro. Gren.sy crossbred lambs have sold irregularly throughout, particularly waslots, the decline being about 10 per cent. Slipes. which at tho opening were practically unchanged, weakened considerably a<3 the auctions progressed and these are onw 10 per cent cheaper than May. Hemp.—The market has, continued .juiet, but with a tone, and a moderate business pacing at times. Values are practically tiuelu.ngod, viz.. £31 l()s at £32 for good lair: C3O l()s at -£30 15s for high points fair and £29 10s at £25) 15s for fair. SOUTHERN GR'AIN AND PRODUCE. Chmtchurcii, October 1. There is no change in the grain market and no business doing. Tho only trade of any importance that is being done is in potatoes. There is now fair enquiry from the North Island, :! iid during tho week a considerable (jiiantity has been purchased for shipment to "Australia. The market is firmer sales having been made at ICS l'is and £5 los. and it is reported that ono or two lots have changed liancle at more money. Offerings are not being very

freely mado V$ growers. There is some enquiry for oatstraw chaff from tlio .North Island, but the price offered is low. LONDON WOOL AND SKIN SALE.Messrs Dalgety and Company Limited'beg to advise having received the following cable from the London Jiou.se under date 30th September:—"At the •wool sales prices arc very firm for good wool, especially tor merinos, whilst scoured is dearer as also are shabby crossbreds. There is an increased demand for sheepskins. Merino combing is firm and slightly dearer Avhilst merino clothing is occasionally slightly lower. Crosbfed combing, par to Jd iower, especially New Zealand, but clothing is unchanged. Inferior i* neglected and crossbred lambs Jd lower. Five thousand six hundred hales were offered and 4700 sold.