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Taranaki Daily News, 17 January 1916, Page 2

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LONDON WOOL SALES, By Cable—Press Association—Copyright London, January 14. Tim second series of colonial wool sales will begin on February 20. It is limited to SO.OOO bales, the lists closing on February 14. The third series will begin on April 4 and will be limited to 80,000 bales, the usts closing on March 20. At the sheepskin sales 4847 bales were offered and sold. Combing merinos advanced l%d, clothing 1%d.. and all •:rO)Sbrcil 1 |/.d. LONDON MARKETS. .London, January 13. Wheat is firm and is sparingly offered, while, flour is steady. OaU are quiet; La Plata, JanuaryFebruary, 35s 3d. Peas.—Firm and unchanged. lleans are hardening. Copper, £B7 15s. Tin, £174 to £175 10s. Pig iron, 78s 2d. Lead, £2!) as to £2B 15s. Sugar—Firm and unchanged. Bradford wool is very linn, and hardening; fit's 43d, GO's 42d, common 80's 41d, 50's 3Sd, 30's 33d, 4(j's 28% d, 40's 20d. Butter—Finn. Danish 150 a to 160s. Colonial is selling well; Australian, choicest salted 114s to 118s, unsalted 15fis to 138s; New Zealand, salted 150s to 1549, unsalted 100s to 102s; Argentine, salted 140s to 1-lfls, unsalted 1565. The exportation of French butter has been resumed. Cheese.—Very lirm. Canadian. 90s to 100s; New Zealand, t)ss to 975. London, Jan. 15. Copra.—January-February, £35 5s to £35 10s, Cotton, January-February, 7.84 d. Jute, February-March, £3O. Hemp is strong, with large business. New Zealand (January, March, and May), £4l 15s. Rubber.—Para, 3s 7d; plantation, 3g 8d and 3s 6d; smoked 3s 7id to 3s 5Jd. Rabbits are <|iiiet and unchanged. New Zealand Sheep. Canterbury light 7id, medium 7%d, ewes 7d. Lambs, Canterbury second quality light, 7%d; other classes, 7i!d. Southland, 7%d. North island selected 73d, ordinary are not on offering. South American wethers.—Light heavy 7%d. Other meats are unchanged. Wheat,—Chicago-May options, 125% cents to 120%; July, 112 to 120.

SOUTHERN MARKETS. * By Telegraph.—Press Association. Christchurch, Jan. 14. The wheat market is still quiet, and the tone easier. A sale at 5s 7d and another at 5s Bd at country stations are reported. Auckland millers have imported wheat from Australia, and offers of flour have been received locally from Melbourne at £ll 10s, f.0.b., equivalent to £l3 10s landed in New Zealand. 'This price limits the value of Wheat (o at least os fid at country stations. No rates for new oats are reported, growers' ideas of value being much above the level of the market. It is reported that largo quantities of Algerian oats have been puchascd to "land at Auckland at a cost of 3s. Both In wheat and oats the Australian market is likely to play an important part in fixing the value of the New Zealandgrown grain this season. There is little inquiry for chaff, and as the North Island and Blenheim will have large supplies the demand for shipment this year from Canterbury will be limited. Nominally the value of old oatsheap chafl' is about £5 10s, and new £5 at country stations. The price of bran has advanced to £5 and pollard to £O, The price of flour remains at £l3, f.o.b.

TARANAKT WOOL. SKIN. HIDE AND TALLOW SALES. MR. NEWTON KING'S REPORT. On Tuesday," 11th January, 1910, I held my first sale, of the year, when 1 catalogued lflO bales, 200 sacks of wool. 1800 sheepskins, 400 hides, 030 calfskins,' 8 casks and 32 tins tallow. Competition was keen throughout, sheepskins advancing Id per lb, hides 4d per lb, and tallow 3d to (id per ewt. Owing to the Government prohibiting the export of all wools to neutral countries, prices were affected thereby. Best crossbreds declined »/,d per lb, lower grades Jd to Jd per lb. Badly seedy lambs were not wanted and in several cases failed lb get a bid I quote:— Wool.- -Crossbred 131(1 to ltd, logstained 13d. seedy Old to 121 d. lambs 12.1 to i:i'/,(l, seedy ."Ud (0 (Ud. crutehings 7<l to Sd, locks' and pieces"-Id to B'/.,d. Tn sack.-,: Fleece KM to 13M, seedy 10'),1 to U.',d, lambs 12.1. cnilehings' Old to nyjd, locks ami pieces 4'jd to Old. dead Sd to U'/|d. scoured 10.1(1. Slioep-kins. - Fiill-veollcd lL'd. liosgets I lid. lambs lO'.d tn Ki-Jd. pelts fi'',d to Old, demaged o : }d lo 10d. dead fld and lOd. country pelts Ud to 4d, dead and damaged iambs 71(1, skin pieces 7.1(1 damp pelts Is 10d to 2s 10(1, lambs Is :ld, sailed woolly 10s Od to 12s, pelts best 2s 0d to 3s Id, small and neglected Is to 2s lid. lambs 3s 3d to -Is (id. Tallow.- l!e-t mixed 20- !»d, medium 2."s !>d to 2lis: in tins ISs fid to 2ls (id. Hides.-Ox lieavv 10.1(1, light !)%d. to ini/,d,'enw heavy ST' s d to 0-y R d- medium nil to Old. light O'/id. cut 7'V s d, farmers' 7V,d to Sd. slippy and cut .Id. dry Old to 7%d, bulls old to 7(1. horse 7s 3d to Ss, vcarlin»s 7'.(1 to Sid. cut or slippy .y;d. ' Calfskins! -- Firsts <)■■'■>,<] to !Kd. seconds, fi : ';.,d to fl%(l. cut 01 -lippy .">d to S : )<id. dry Is Oil each. 'Hones! Co per ton. Horsehair. Is old per lb. Cow tails, Is per dozen. Mv next sale will be held on 1',;,.„.ir.» S, liilC.