COMMERCIAL.

Wairarapa Age, Volume XXXII, Issue 10159, 8 February 1911, Page 3

COMMERCIAL.

LONDON MARKETS

Messrs Dalgety and Co., Ltd., have received the following cablegram iron l , their London Office, dated tho 2nd February, in regard to frozen meat': —Lamb: Weak but without quotable change, and stocks arc accumulating for Australian. Mutton : The market is easier, and there is more disposition to do business at a decline in values. Beef: Demand is limited. Australian id to fd per lb higher. There is only a small supply on hand aitd New Zealand stocks are exhausted.

WELLINGTON WOOL SALE

LEVIN AND CO.'S REPORT

Messrs Levin and Co. report:—At the fourth sale of the season, held yesterday at Wellington, we offered 1225 bales out of a total offering of 18,000 bales. There was a full attendance of buyers. The entry of wools was good, and •much better than the usual quality available at this period of the season. Our. catalogue consisted mainly of new wools. We had only a few "passed in" lots from last sale. ■' The condition of the wool was heavier, and many lots carried seed. On this account, in comparing prices with the January sale, some allowance must be made. After taking this condition into consideration, prices generally for crossbreds were £d easier, pieces were down $d to fd, and locks Id, Lambs' wool was disappointing, but good, bright, light parcels brought up to 9|d. The bulk of this wool, however, was in the neighbourhood of, Bd.We sold 75 per cent, of our catalogue, and, taking all circumstances into consideration, at satisfactory prices to growers. Tho following is the range of prices:—.

The next Wellington wool sale Avill be .held on March 3rd, 1911.

DALGETY AND CO.'S REPORT.

Messrs Balgety and Co., Ltd., report : —The fourth sale of the season was held in the Wellington Town Hall yesterday, - when a total of about 12,000 "bales was offered by the Associated Brokers. .We ourselves submitted close 0n'3,000 bales, of which nearly 75 per cent, was sold under the hammer, although at prices ruling about id i under last sale rates. The wool, •*as is usual at this time of the year, Was very heavy in grease, a large 'proportion also being seedy and logstained. There was a fairly representative attendance of buyers, and bidding, up to the reduced rates, was animated. We have few sales to, report on account of Wairarapa clients, but can mention the following:— B and C, 13 bales crossbred A, B£d; 7 bales crossbred 'B, 7fd; 5 bales lambs, 8d; AG over BUTE, 3 bales A Romney, §Jd; 11 bales B Romney, 8d; P.M. pyerTE WHITI,' 16 bales crossbred ,ewes, B£d; 4 Ikies Ist lambs, Bid; GLENCRIEFF, 7 Ijales fine crossbred, 9£d; 22 bales A crossbred, . B|d; 16 bales Bcrossbre d, B£d; 20 bales crossbred C, 8d; 6 bales bellies s£d; 5 bales pieces, 6d; 4 bales crutchings, s£d; A. McH, 3 bales half bred hog., 9d; MORTON over OL, 7 bales crossbred hoggets, 7d.

LOAN AND MERCANTILE CO.'S REPORT.

(By Telegraph—Special to the Age.) Last Njg'.i. The New Zealand Loan and, Mer-, cantile Agency Co., Ltd., reports :->-* The fourth wool sale of the season--was held to-day by the Wellington '■'\Yncl-. brokers' Association, when about 14,000 bales; we re submitted to a fair attendance' of buyers, representing all branches of the Trade. Our catalogue comprised about 2400 bales, and included some very nice clips of merino and half bred' from Marlborough, and Romneys from Manawatu and Rangitikei, also .crossbreds from the Wairarapa districts. As is, usual, at this time of the year, the offerings comprised a large proportion of wqols from the Bush districts, also many late shorn clips with * more or less hutuwai adhering to the wool. Pieces, bellies and locks showed an improve-ment-in values to the extent of Jd to id .per lb. Taking quality into account, the bidding was spirited, but prices somewhat irregular. In some exceptional cases Jd per lb more was forthcoming for some January passed lots, but on the whole there was a decline of probably £d to fd per lb.'. •' Some of the salts made by xis of interest to the Wairarapa were: —F. H. Latham, Bsd, 7Jd, Bd, 7£d, 7fd,. 6jd; C. J. Jury, 9-id; 9*d; A. Wall, B|d; W. Gosling, 7Jd; G. H. Gillard, 7£d.; A. J. Churchouse, 7|d; J. Bambry, 7£d; W. J. Martin, 7d; Mrs Stratford, 10Jd,-83d,"8d; J. P. Barry, 8d; J. F. Thomas, 7Jd, J. Whittaker, 8d; John Beech, 7|d;' E. Kemp,' 7£d ; N. Richards, B£d; P. McDavitt, 7id; D. Alexander, 8d; Gooding Bros., B|d. The next sale will be held on March 3rd, the catalogue for which sale closes on February 25th.

WAIRARAPA FARMERS' REPORT.

The Wairarapa Farmers' Co-opera-tive Association, Ltd., Wellington, report as follows:—Prices, compared with previous sale held on Jannary 3rd, were lower for heavy con-

ditioned and shabby crossbreds by $d per lb. Lambs' wool was irregular, and prices fully id lower. Superior crossbred, of which there was only a small offering, was on a par with previous sale. We quote as follows: — Superior Romney, 9d to 10£ d; fine crossbred, 9£d to 10k!; medium crossbred, 8d to 9d: heavy conditioned and inferior crossbred, 6£d to lambs' wool, superior, Bid to 9d, medium, 7£d to Bsd, seedy and inferior, s}d to 6d; bellies and pieces, 5d to 7d; locks, 3id to 3fd.

WEANER SALE

The Now Zealand Loan and Mercantile Agency Co., Ltd., held their first annual weaner cattle sale in the Mangahao yards on Monday, when they yarded fully 400 head, the continued dry weather being responsible for the shortage "in the number coming forward. There was a good attendance of farmers and buyers from the surrounding districts, and a few from a distance. The sale opened fairly brisk, and the prices throughout were above what most people anticipated, and we made a total clearance with the exception of two lilies. Mr Jno. Kotbowski's entry of steers topped the market at £2 os, they being a very forward line of early calves. We also sold on account of Mr Thomas Avery a nice line of steers at 355. The range of prices were as follows Early well-grown weaner steers, 35s to £2 ss; medium sorts, 25s to 30s, and late sorts, 17s 6d to 20s; early weaner Od-; medium, 25s to 30s; early mixed j lines, 27s Gd to 355; medium mixed, 20s to 255, and late backward mixed sorts, 15s to 19s. AUCKLAND SHARE MARKET. Mr J. T. Hendry, siiarebroker, of Auckland (in conjunction with Messrs C. C. Ross and Co.', his local agent), reports the following quotations of business at- the first call of the Auckland Stock Exchange yesterday morning:— ■ /'mining— I

". November. February. d. d. d. d. Merinos 9£ to 11 ;— ■ Halfbreds I0i to Hi — Infer, xbreds lOi to 11 9J to 11 Fine- „ 92- to 10* 9 to 91 Medium ,, 9 to 10 ■8* to 9 Coarse ,, 8 to 9 7J to Si Inferior ,, 7 to 8 5J to 7$ Pieces, bellies , 5 to 7 5 to 7 Locks 3 to 4i 21 to . 3£ Sup. lambs, wool 9 to 10£ 9 to 9| Medium ,, 8 to 9 1% to 8£ Inferior ,, 7i to 8. 6* to 7|

Sellers. Buyers. £ is. d. £ s. d. Kuranni 5 3 Caledonian 1 1 3 1 2 May Queen. 2 7 2 6 New Sylvia 3 6 3 5 Saxon 2 0 1 10 Victoria ' 1 3 1 2 Waiotahi 3 6 3 4 Watchman 2 10 2 7 Old Hauraki ■ 1 10 1 8 0 Crown 4 4 4 Talisman con. 2 9 ,3 2 8 & New Issue 2. 3 0 2 2 9 Waihi , 3 17 0 3 16 6 Reefs Consolidated 2 11 2< 7 Waihi Extended 2 6 2 '4 Waihi Gnd. June. 1 10 3 1 10 0 Tairua Broken Hills 1 0 Golden .Cross 5i 11 4 Tnranaki Petroleum 13 0 6