WELLINGTON WOOL SALE

Otago Witness, Issue 4032, 23 June 1931, Page 32

WELLINGTON WOOL SALE

DECLINE IN VALUES. WELLINGTON, June 16. An hour and a-quarter sufficed to clear the offering of 2150 bales at the first winter sale of wool crutchings and oddments held at Wellington to-day. There was a representative bench of buyers, who operated on very restricted limits. A comparatively small quantity of fleece wool was offered, the general quality and condition of this being inferior. The recent decline in the Home and Australian markets was clearly reflected, crossbreds "selling at a decline of up to Ijd on the Wellington April prices. Except for a few lines, the bidding for fleece wools was lifeless and the passings were monotonously frequent. There were no" Japanese orders to-day. Three lines of Southdown fleece made as high as 94d, and one Down cross 73d, but seldom went as high as 6d. On the other hand competition for crutchings was keen. Canada and the local mills took a large proportion of the best crutchings. Bradford, I rance, and other Continental, buyers went for all lots that suited their - requirements. Crutchings sold at prices • that were relatively high as compared with those for fleece wool. Super - ings brought up to s]d. with good lined selling at 4Jd to sd. Medium sorts went for 3Jd to, 4d, others bringing from lid to 3Ad. The range •of prices is as fob ■ lows:—

Crossbred crutchings— Superior, 43d to 53d. Medium to good, 3}d to 43d. Crutchings— Seedy and inferior, 2Jd to 3Jd. Crossbred pieces and bellies, 2Jd to 33d» Locks and stained pieces, IJd to 23d. Fleece—not quoted. WAIAREKA SALE There was a good yarding of both fat sheep and fat cattle at the Waiareka sal4 °n Tuesday, and the prices were on a pat with those of last week. Fat sheep consisted principally of ewes, prime ewes realising 9s to 10s 6d; medium ewes, 7s 6d to 8s 9d; light ewes, 5s 6d to 7s; prime lambs, 15s; good lambs, 13s to 14s 6d. Only one pen of medium mixed-eex hoggets was yarded in the store sheep section, and these realised 6s 9d. Fat cattle Comprised 20 head, handy-weight steers bringing £7 10e to £8 7b 6d; light-weight heiiers, £4 15s; cows, £5 ss; light cows, £3 15s to £4. In the store cattle section two pens of store cattle were passed, while of the dairy cows one good Jersey heifer brought £10; cows close to profit, £6 to £7 12s 6d; aged cows, £4 10s to £5) heifer, £5. DAIRY PRODUCE The National Mortgage and Agency Company of New Zealand, Ltd., has received the following cablegram from Lon doni—Butter.—Market slow. New Zealand finest, Ills, 112 s; New Zealand first grade, 110 s; New Zealand unsalted, 116 s; Danish, UBs, 120 s; Australian,' 103 s, 107 s, Cheese. —Market firm. New Zealand white, 545, 555; New Zealand coloured, 565, 575; Canadian, c.i.f., 555. OVERSEAS TRADE WELLINGTON, June 15. The overseas trade figures for May, 1931, with the figures for the corresponding period of last year in parentheses, were:—Exports from New Zealand £4,167,547 (£4,521,265), imports £ 1,528,644 (£3,398,907). For the five months of 1931, ended on May 31, the exports were £19,070.266 (£26.039,380), import* £11,105,526 (£19,163,459).

THE MEAT MARKET LONDON, June 13. Frozen Meat.—New Zealand lambsi Canterbury—second quality, average 301 b, 7d; other South Island brands—36lb and under 73d, 371 b to 421 b 7fd; selected North Island brands, second quality, average 301 b, 7d; other North Island brands, second quality, average. 301 b, 6|d. Australian lambs: Victorian, first quality —36 lb and under 6gd, 371 b to 421 b 63d; other States, first quality, 361 b and under and 371 b to 421 b, 6d; Victorian, second quality, 361 b and under, 63d; other States, second quality, 361 b and under, and all States, third quality, 6Jd. Argentine lambs: First quality—36lb and under 6|d, 371 b to 421 b 6’d, 431 b to 501 b 63d. Pata-' gonian lambs: First quality, 361 b and under, 63d; ditto, 371 b to 421 b, 6d; second quality, average 361 b, 6d. Argentine Chilled Beef. —Ox fores, 1601 b to 2201 b, 2Jd; ox hinds, 1601 b to 2201 b, 6gd. Others unchanged. SYDNEY WOOL SALES SYDNEY, June 15. The wool sales were resumed. The offerings were of a miscellaneous character and there was good competition, chiefly on Japanese and German account. Prices for merinos were from sto 7J per cent, below those of the last Sydney series, and competition for crossbreds and oddments and scoureds was most irregular. The number of bales offered was 9047, 6497 being sold, while 2773 were disposed of privately. Greasy merino made 14Jd. SYDNEY, June 16. At the wool sales 9096 bales were offered and 6168 were sold, while 2982 were disposed of privately. There was strong Japanese competition, and increased support from the Continent. Tho market was unchanged from yesterday. Good lines were in demand, and greasy merino made 13|d. , THE WHEAT MARKET LONDON, June 15. Wheat: Cargoes are featureless. Parcels are in small request. Futures: London —.June. 19s 9Jd; September, 19S lOld. Liverpool—July. 4s 3jd; October,, 4s 4§d; December, 4s 6’3d. BRADFORD TOPS MARKET LONDON, June 15. Business on the Bradford market i* practically nil.

ADDINGTON STOCK SALE CHRISTCHURCH, June 17. Entries at the weekly market at Ad (lington to-day were again very heavy those in the fat lamb and fat sheep section establishing a winter record, second only to that of the market last week. Features were a decline of 9d per head for fat lambs, Is per head for fat ewes and decreased fat pig values. Store Sheep.—There was a small yard ing of mixed appearance, and a dragging sale ensued for ewes without a change in values. Wethers were in demand and sold well. Values were: Good six and eight-tooth halfbred ewes to 12s 6d; medium s.m. open woolled ewes. 10s to Us 6d; good s.m. open woolled ewes, to 12s 6d; medium two-tooth Wethers to 10s 8d; backward crossbred 7s to 8s; good six and eight-tooth halfbred to 13s; ordinary to 9s 6d; goo 1 Wether lambs to 9s 3d; ordinary ewe lambs to 9s; backward, 3s 6d to 6s 6d. Fat Lambs.—There was an entry of 4600. and a keen sale resulted, with ex port competition keen throughout. However, values did not maintain last weeks level, and there was an easing to es tablish values on a basis corresponding with, the export schedule rates. Values were: Show lambs to 28s 4d; extra prime 21s to 235; prime 19s to 20s 6d; medium 16s 9d to 18s 6d; light 13s 6d to 16s 6d: Store lambs 10s 6d to 13s. Fat Sheep.—There was an entry of 9300. A steady sale resulted, and export buyers operated keenly. Values were: Extra prime wethers, to 20s 9d; prime. 16s 6d to 19s; medium, 14s to 16s; light. 10s 6d to 13s 6d; extra prime ewes, to 18s Id; prime, 13s to 14s 9d; medium, 10s 9d to 12s 6d; light, 8s 6d to 10s 3d; aged. 5s 9d to Bs. Fat Cattle.—An entry of 335 head met a sale which was irregular for all except best beef. Best beef made from 26s to 30s per 1001 b; good prime beef. 22s to 25s 6d; ordinary, to 20s; best heifer beef, to 30s; good cow beef, to 225; ordinary, 13s to 16s. Values were:—Extra prime heavy steers,-to £l4 2s 6d; prime heavy. £lO to £l2 10s; medium weight prime, £7 10s to £9 15s; ordinary quality, £6 to £7 ss; light, to £5 10s; extra prime heifers, to £lO 17s 6d; prime. £6 to £8; medium, £3 15s 'to £5 15s; light, to £3 10s; extra prime cows, to £ll 7 s 6d; prime, £s_ 10s to £7 10s; medium, £3 10s to £5; light, to £3. Fat Pigs.—The demand throughout was not as .strong as last week, and prices were a little easier. Choppers made to £4 17s 6d; ’ baeoners, 46s to 525; large baconers. 57s’6d to 69s 6d; average price per lb, 4Jd to 5Jd; porkers. 32s to 37s 6d; large porkers, 38g 6d to 44s 6d; average price per lb, s?d to 6Jd.

SOUTHLAND MARKET REPORT (From Our Own Correspondent.) INVERCARGILL, June 19. Oats.—ln the absence of a demand from northern centres quotations are to a certain extent nominal. Sales are reported at 2s 10|d, A grade 2s 81d. B’s, f.0.b., s.i., Bluff; but northern offerings are, generally speaking, per bushel lower. Merchants are not particularly interested in such offers, more especially for A grade, as these are substantially in short supply in Southland, and will be readily absorbed by the local millers, while a considerable quantity- must be required for seed purposes. B’s also are in short supply, as the major -lortion of the Southland crop is somewhat below B standard as far as colour is concerned. Good, heavy undergrade oats are worth 2s Bd, f.0.b., s.i., and these are selling with more freedom than grade oats. Chaff.—This has been offering in excess of local requirements. Prices being paid to farmers are up to £3 per ton for prime quality. In the absence of any demand from the north, and the impossibility of shipping at such a price, values to growers show a falling tendency. Ryegrass.—There is an almost entire absence of demand from outside centres, though occasional inquiries are coming in from brokers, but it is not anticipated that any business of moment will be done until the early months of spring. Values f.0.b., sacks extra, are nominally 3s 9d for 251 b to 261 b seed, up to 4s 3d for 281 b seed and over. Seeds for the internal trade are almost entirely neglected, crested dogstail between merchants being nominally 74d per lb. Chewings fescue shows somewhat of a drop in value during the last two or three weeks, f.o.b. values, much depending naturally on suitability- for export and germination and purity figures, may- be stated at from lid to Hid per lb. STOCK REPORT.

The stock market shows every little change from our reports of the last fewweeks, with the exception of fat lambs and freezing wethers and ewes. These, with an increase in the export schedule, are selling at better prices. Fat cattle are still offering freely-, and prices vary verylittle from yveek to week. Values have, if anything, eased slightly during the week. Fat sheep are coming on the market in large numbers, the bulk of the offerings being eyves of fair to good quality, with a few pens of prime quality wethers, for which, values are firm. The fat lamb season is fairly active, the works being still kept busy. Values in this particular section show a nice rise during the past feyy- weeks. The store sheep market is quiet with small yardings at all centres. Values remain unchanged yvith except a slight rise in store wethers and an inquiry for ewe lambs. The store cattle market is also quiet with little or no inquiry, which will, no doubt, continue for the next feyv weeks. Fat Cattle.—Prime bullocks, £8 10s to £10; medium do, £6 to £7; prime heavy heifers, £6 to £7; medium do, £4 10s to £5 10s; prime heav-y coyvs. £6 to £7 ss; medium do, £4 to £5; vealers, to 20s; runners, to £3 10s. Fat Sheep.—Prime heavy wethers, 16s 6d to 18s; medium do, 14s to 15s; lighter, 12s to 13s 6d; prime heavy ewes, 12s to 14s; medium do, 9s to 10s 6d; prime heavy lambs, 18s to 20s; medium- do, 15s to 16s 6d; lighter do, 12s 6d to 14s. Store Sheep.—Mix sex lambs, 6s to 10s; eyve lambs, 10s to 14s; wether lambs, 6s to 8s; two-tooth wethers, 8s 6d to Ils; two-tooth ewes, 15s to 18s; old eyves, 5s to 7s. Store Cattle. —Three and four-year buL locks, £6 10s to £7 10s; two-year do, £4 15s to £5 15s; yearling do, £2 to £3.

OAMARU MARKETS OAMARU, June 19. The bulk of the milling wheat has now been practically disposed of, but additional lines of free wheat have come on the market. There is difficulty in securing sales unless the quality is good. There has been a moderate demand for fowl wheat locally- and for shipping, prices ranging from 5s Id to 5s 2d, f.o.b. No supplies of oats have been offered by the farmers, and the market, if anything, is slightly easier. To-day’s values are: A’s, 2s 4d; B’s, 2s 2d, on trucks. There is a slightly better demand for oat and sheaf chaff, which is worth £3 and £3 2s 6d on trucks. There have been some inquiries for light quality chaff for sheep feed, and sales brought £2 15s on trucks. A quantity of cowgrase is now coming on the market, and the quality is good, but no sales have yet been effected. During the week private sales of stock included faf ewes, 8s 6d and Ils; fat lambs, 18s; fat cow and heifer. £l2; nine head fat cattle, £6 13s 4d; three store cows, £2 13s 4d. FRUIT AND PRODUCE WORLD Reilly’s Report: Selling:—Narcissi, 5s to 8s per dozen. Violets: Large 2s to 3s; small, Is to Is 6d. Grapes: Gros Colmars, 2s 3d per lb; Australian, 15s case. Section honey: 10s 6d; bulk. 5Jd; 101 b tins. 6s, 6s 9d; 51b tins, 3s, 3s 6d; lib pats. 4-jd. Cabbage: 2s, 3s 6d sack. Cauliflowers; 3s. 6s 6d sack. Marrows, 10s cwt. Pumpkins, 8s 6d cwt. Swedes, 3a cwt. Carrots, 6s. Australian piemelons, 14s cwt; locals, 10s. Beet, Is 4d. Lettuce, choice Is to 2s dozen. Eggs, R.C.P.M., Is 9d, Is lOd; preserved, Is sd, Is 6d. Mutton birds, 6s. Butter pats, lid; milled bulk, lid. Lard, 6d. Bacon: Choice, lid. Peanuts, 4d. Walnuts, choice, 7d. Bd. Cheese: Medium 6Jd; loaf. 7d. Tea: Orange Pekoe, 2s 3d. Onions, 9s. Canterbury, Bs. Tomatoes: Timaru, lOd, is 3d. Potatoes: Stirlings, Oamarus, £3 10s to £5. Green peas: Choice local, 5d Garlic, 4d. Apples: Jonathans choice. 5s 6d. 7s, small 3s 6d, ss, other varieties 4s. 6s; Sturmers choice 7s, 8s 6d, small 3s 6d. ss, cookers 5s 6d, 6s 6d; delicious 6s. 10s, small 4s, ss. Pears: Winter Coles ss, 6s, over-ripe and small Is, Is 6d; Winter Nelis, 6s, Bs. Beeswax. Is 4d. Horsehair, Is. Porker and bacon pigS, 54d, 6Ad. Californian oranges: 37s 6d; Anstralian navels, Ils to 18s according to sizes; Tahiti oranges, 14s; Poormans, 12s to 14s. Mission lemons: 50s; Australian lemons: 18s, 20s; grapefruit, 365. Passions: New Zealand, wanted; Australian, 15s. Mandarines. 12s 6d. Pines, 15s to 225. Bananas, ripe. 255. Coconuts, 14s sack. Special pippa grit, ss. Oyster grit, Bs. Tallow, 8s cwt. Woodwool, 28s bale. Fruit wraps, 3s 3d ream. Champion egg crates, 16s. Rockland garden manure: 121 b trial bags, Is 6d (special quotations for lewt and scwt lots). Vallo giraffe lime sulphur: Cases, 4 gallons, 2s 3d; barrels, Is lOd gallon. Black leaf “40.” 101 b tins, 525; 51b, 275; 21b tins, 14s; 11b, 7s 6d; ilb, ss. Semesan and granosan: 51b. 555; Alb, 7s; 2oz, 2s 3d. C-M.W. knapsack sprayer: Improved type, £5; bucket pumps, 22s 6d. Wheat: ss, 6s. Partridge peas: 4s to 6s. Oats: A Gartons. 2s 9d; B. 2s 3d. Peameal, 15s. Crushed barley, 16s sack of 1501 b. Ricemeal. 10s sack. Crushed oats, 12s 6d sack of 1101 b. Meatmeal, 17s. Oatmeal, 251 b bags, 6s 6d. Oat pollard, 12s 6d. Bran, £5 10s. Pollard, £6. Straw: Wheaten. 60s. Oatsheaf chaff, £4 10s. Firewood: Blocks, 2s 6d bag delivered. Poultry: 52 hens at 3s to 5s 8d; 56 cockerels at 3s 8d to 12s, all at per pair; two gobblers at 9d per lb; one turkey hen at 9d per lb. REILLY’S CENTRAL PRODUCE MART. LTD.. Moray- Place, Dunedin.