COMMERCIAL.

Taranaki Daily News, Volume XXXXV, Issue XXXXV, 27 November 1903, Page 4

COMMERCIAL.

WELLINGTON WOOL SALES

Per Press Association. WELLINGTON, Nov. 26. At the first local wool sale to-day 2375 bales were offered, and the sales effected show an advance as compared to last November sales of per pound for fine crossbrehs, 1-Jct to l|d for medium crossbreds, ond 2d for coarse csossbreds. A fear ture of the sale was the comparatively high prices paid for inferior wool. LONDON WOOL SALES. WELLINGTON, Nov. 26. The iHjpartment of Industries and Commerce has received the following cable from the Agent-General, dated London, Nov. 25th :—The wool sales opened with a full attendance of the trade. Competition was only fair. Thirty thousand bates of New Zealand wool were catalogued, mostly sliped. Compared with the closing rates of last series fine and medium greasy crossbred wool is from a half-penny to thTee-farthungs, and coarse one penny per lb, lower. Sliped has fallen to a lesser extent, and merinos are mostly unchanged. DUNEDIN GRAIN MARKET. DUNEDIN, Nov. 25. Oats.—The demand for export is almost wholly confined to B grade of good 'fjuaiijty. The demand for milling is Prime, Is 3jd to Is 4d ; good to best feed, Is 2d to Is 3d ; inferior to medium, 9d to Is, sacks extra. Wheat.—Millers' requirements are small and easily filled. Medium receives no attention, and iowl feed is offering at reduced rates. Prime milling, 3s 8d to 3s lid ; medium to good, 3s to 3s 6d ; whole fowl wheat, 2s 8d to 2s 9d ; broken and damaged, 2s 3d to 2s 6d ; sacks extra. BURNSIDE STOCK MARKET. DUNEDIN, Nov. 25. At the Burnside market 216 head of fat cattle were yarded. The quality was not up to that of last week, and prices were a shade easier. Best bullocks made £lO 15s to £ll 5s ; a few extra prime, £l2 10s •; good, £9los to £lO 10s ; medium, £7 15s to £8 10s ; best cows, £9 10s : medium, £6 10s to £7 10s ; inferior, £4 15s to £5 ss.

Sheep.—33s3 were penned. The demand was good, and prices kept level throughout the sale, .some of the Butchers purchasing a fortnight's supply. Although - prices were 3s to 4s below last week they should t<e satisfactory to vendors, considering the yarding. Best woolly wethers, 22s to 245, and a few pens extra good up to 28s ; shorn wethers, 19s to 21s ; extra 23s ; best woolly wethers, 22s to 24s 6d ; shorn, 17s to 19s ; a few extra heavy, 22s 6d. Lambs.—3s2 were penned. Best made 15s to 16s ; good, 12s 6d to 18s 6d ; medium, lis to 12s. P,tgs.—lo4 were yarded, which sold about on a par with last week. Suckers, 12s to 21s ; slips, 24s to 31s ; porkers, 35s to 44s ; baconers, 45s to 58s ; choppers up to 60s. LONDON WOOL SALES. LONDON, Nov. 24. The wool sales opened briskly, prices varying from par to. a 10 per cent, decline. LONDON, Nov. 25. At the wool sales one catalogue was.«n"ered of 10,220 bales, threefifths being New Zealand, including a good selection of mediums and inferiorsl There was a very lar^u-at-tendance, and good general competition. Compared with the closing prices oi the September sales, scoured merino sold at par to 5 per cent. lower ; greasy, par to 5 per cent., fine crossbreds 5 per cent., and medium coarse fully 10 per cent, lower. SYDNEY WOOL SALES. i ___ SYDNEY, Nov. 25. At the wool sales greasy sold up to Is lid and scoured to ls'd. Competition for finer merinos and crossbred? is animated and well-sus-tained. Faulty and inferior sorts are irregular, particularly rrossb|"eds of a lower order. Greasy sold to 13d and to 23|d. MELBOURNE WOOL SALES. MELBOURNE. Nov. 25. A large and attractive catalogue induced animated competition, but prices remained unchanged. Scoured merino sorts sold up to Is 7}d. Competition is active. Merinos are unaltered. Finer rrossbreds ttiave declined to 5 per cent., and coarse to 10 per cent. SYDNEY MARKETS. SYDNEY. Nov. 25. Wheat.—Chick. 3s 6d : milling, market irregular, new immediate delivery, nominally 3s 4d to 4s, according to sample ; December delivery, 3s Id ; Argentine, 4s sd. Flour.— £ll 10s : Manitoba, £l2 to £l2 10s: Oats.—Feeding, prime New Zealand, 2s 3d ; milling. 2s (jd. Barley.— Feeding, 2s to 2s 3d : seeding, 2s 6d to 3s. Maidej—3s 4d to 3s (id ; Argentine, 2s 7d. Teas.—Prussian Blue, Is S>d to 6s. Bran, 6d to 7d. Pollard, 10Jd to lid. Straw, New Zealand, £2 15s. Potatoes, £3 10s to £5. Onions, prime, £4 10s to £5. Butter, best, BJd to 'Jd. Bacon 9d to lid. MELBOURNE MARKETS. MELBOURNE, Nov. 25. Wheat.—New local on spot, 3s 9d to 4s. early delivery about 3s 7d ; December delivery, 3s to .'Js Id. Flour, £ll 5s to £ll 10s. Oats. Algerian, Is 5d to Is 9d. Mai/e, 2s 9|d. Bran, SJ-d to ild. Pollard. lid. Onions. £2 to £3 Potatoes New Zealand. £2 to £2 l'ts.

ADELAIDE MARKETS. ADELAIDE, Nov. 25. Wheat Fales. 3s 4d, offering 8s 3d for present delivery, and :is lo 3s Id for December deliver*. Flour, £8 10s to £'J. Bran. 7(1. I'ollard, 9Jd. COLONIAL COMPANY DF.UEXTFRES. LONDON, Nov. 24. Australian and New Zealand Mortgage Company's dolfuntures are quoted at 87 i. DREADSTFFFS. LONDON, Nov. 24. The quantity of wheat and flour afloat for the United Kingdom is 1,695,000 quarters, and fur the Continent 1.385.000 quarters ;'Atlantic shipments. 1 ,■190,000 quarters.