THE MARKETS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9339, 7 January 1909, Page 5

THE MARKETS.

WOOL SALES. The wool sale to he held to-mor-row at Wellington, will see a record cataalogne. Altogether about 210,000 bales will be offered, and of this quantity about 9000 bales will be catalogued by Messrs Dalgety & Go., Ltd. The selling brokers anticipate a full attendance of buyers, and expect to clear the bulk of the offer ings. Some classes of the staple may be“neglected, and there may be less enthusiasm as compared with the November and December sales, but it is not thought [that values will show any set back. The Napier sales held Tuesday appear to have passed off well, there was a large attendance of buyers and keen bidding, and values on the whole were well maintained. Broadly speaking, a more optimistic view holds with respect to the future of wool, and the following by a Bradford correspondent, will be read with interest; — “The change which has come over the situation Is doubly welcome, because it shows that the raw materal ia_in a sounder position than was generally supposed, and that prices now look more like lasting. The future has been considerably cleared, and the reasonableness of wool should stimulate consumption. To my mind, there is no sounder argument for the future of wool prices than the comparative steadiness of the last few weeks. Several Bradford manufacturers have booked larger contracts than they have for six months past, and conditions now in America may be expected to oseasibly improve. The mildness of the weather is somewhat retarding the wholesale and retail clothing trades, and a ‘cold snap’ would be very welcome Tire present very open weather has nipped in the bud all repeats for overcoatings and rainproofs, but as a rule a fair quantity of orders for next spring are being executed, and during the past fortnight a showing has been proceeding for the winter season of 1908-1910, and so far the styles taken up are fully up to the average. My own view is that to-day’s rates for wool are going to last. Perhaps supplies early next year will want judiciously handling as was the case this year, but if current trade only improves a further advance is well within the range of possibility.” Owing to the large catalogue the wool sale to be held on Friday will begin at 2 p.m. ; this will give penty of time to examine the wool, and make their valuations. The quantities to be offered by the various brokers are as under Dalgety & 00. ... 8200 Levin & 00. ... 3600 Loan & Mercantile... 3300 Murray, Robarts & 00. 3000 Abraham & Williams 2000 United Farmers’ 00-op. 700 Wairarapa P.O. A. ... 250 Total ... 21,050 AUSTRALIAN MARKETS. United Press Association. —By Electric Telegraph.—Copyright. Sydney, January 6.

Wheat 3s Bd, flour £9 10s, oats 2s 7d to 2s Bd, whites 2s 9d to 2s lOd. Maize 4s 6d. Bran £6, pollard £6. Potatoes, local £7, Tasmanian £9 10s. Onions £5 15s. Butter 92s to 945. Cheese 6d. Bacon 9>£d. The above quotations are £ those ruling between merchant and retailer, and do not represent the slightly lower values obtained by recognised brokers. Melbourne, January 6.

Wheat 3a 7%d to 3s Bd. Flour £8 10s. Oats, Algerian Is 8d to la lOd. Barley, Cape 2s 6d. Bran lOd, pollard Is Id. Potatoes £7 to £B. Onions £55. Adelaide, January 6. Wheat, 3s Flour, £8 15s. Bran and pollard, Is. Oats, Algerian Is 9d to Is lOd. STOCK REPORT. Abraham & Williams. Ltd,, report on Johnsonville sale: We had a fall entry of bullocks of prime quality, which sold at late rates, 21s per hundred pound. Sheep were well up to requirements, [and sold readily. We quote : Best bullocks £8 7s 6d to £8 12s 6d, and £8 to £8 ss, lighter £7 15s to £7 17s 6d. Good ewes 13s Id, medium quality 12s 4d, light unfinished 10s lid, best wethers 13s 6d, light 12s 9d, lambs 12s Id to 14s Id.

ADDINGTON STOCK SALES

Christchurch, January 6.

At the Addington live stock market the entries of stock were mostly small except in fat lambs, sof which there was the largest yarding for the season. There was a fair attendance. Among the sales were :—Ewes, 48 at 14s Bd, 49 at 10s 6d ; ewes and lambs, 195 at 9s 9d, 207 at 9a 2d, 30 at 11s Bd, 186 at 12s 4d, 38 at 4s Bd, 135 at 12s 10d, 170 at 8s 7d ; wethers, 45 at 12s; lambs, 80 at 13s 4d others at Us 6d to 12s 9d. A few heavy weight lambs made 16s 9d to 17s 6d, freezing lambs IBs 6d to 16s 4d, and light and unfinished bought by graziers 12s 8d to 13s 3d.

Pat Sheep.—Prime wethers made 16s to 18s 2d, others IBs to 16s 6d, best ewes l4s to 16s, and others 9s to 12s 9d. Prime beef made 22s to 245, medium 19s to 21s, and oow and inferior 17s 6d to 18s 6d per lOOlbs. Steers brought £6 10s to £lO, heifers £5 to £7 15s, and cows £4 17s 6d co £8 2s 6d, There was a moderate entry of vealers, and they sold at 4s 6d to 60s, according to size and condition. A small yarding of store cattle sold at improved rates, 15 to 18 months sorts making 13s to 40s, 2 year steers £2 10s to £3 17s 6d,;'2K year steers of good quality £4 10s, 2 year heifer £2 5, 2)4 fycar heifers £3 13 6d, a mixed line of 8 months to %% years £3 15s, dry cows 20s to £3 10s to £B. There was a moderate entry of pigs, and there was a better demand than of late, especially for stores. Choppers mad© £6 10s, large baconers 50s to 04s, and smaller 45s to 495, equal to 4>£d to 4%d per lb, porters 35s to 455, "equal to s)£d to 5%d, large stores 32s to 375, medium 22s to 30s, and weaners 16s 6d to 22s 3d. FROZEN MEAT. Press Association. Napier, January 7. The O. O. &D. Company cafrhs Frozen meat prices are unchanged.