COMMERCIAL

Ashburton Guardian, Volume XLII, Issue 9473, 4 March 1922, Page 7

COMMERCIAL

THE WOOL TRADE. INVERCARGILL SALES. INVERCARGILL, March 3. The official report on to-day’s wool sale states that the sale was better than was anticipated, and prices throughout compared favourably with the Dunedin sale this week, while for coarse crossbred the rates realised were from par to id per lb better. Following is the range of prices, a comparison being given with the rates realised at the Invercargill sale on January 25: —

BRADFORD MARKET. LONDON, March 2. The Bradford wool market has a better tone, but little business is being done. Quotations for tops are: Sixtyfours, 47d; fifty-eighths, 34dj fiftysixes, 26d; fifties, 20d; forty-sixes, 14d. WHEAT. LONDON, March 2. The “Daily Chronicle” states that while rumours are still afloat as to an attempted wheat corner, inquiries show that the recent increases in wheat prices are due to an increased Continental demand and the fact that, owing to bumper crops being world-wide, prices slumped too rapidly and too low, with the result that the pendulum has now swung in the other direction. LONDON REPORT.* LONDON, March 2. Wheat cargoes have a weak tendency and prices are easier, but there is an absence of selling pressure. The Glensada’s cargo sold at 58s 9d Spot trade is quietly steady. FLOUR. PRICE ADVANCED IN SYDNEY. SYDNEY, March 3. , The wholesale price of flour has been 'advanced by 20s, to £l4 per ton. DAIRY PRODUCE. LONDON QUOTATIONS. LONDON, March 3.

The Colonial butter market is firm and prices are unchanged except that owing to plentiful supply unsalted does not command a premium. Danish is slow at about 170 s per cvvt. Cheese is rather easier; New Zealand white 84s, coloured 96s to 98s; Australian, white 82s, coloured 90s to 94s per cwt. banking. BANK OF AUSTRALASIA. LONDON, March 2. The Bank of Australasia lias declared a year’s dividend of 10 per cent, with a bonus of 3 per cent, tax free. The sum of -.£100,000 is placed to reserve, and £25,000 written off premises, and £121,763 is carried forward. (Last year dividend and bonus were paid at the. same rate. The net profit for the year was £573,051. £IOO,OOO was placed to reserve and £145,874 was carried forward.) COLOMBO TEA SALES. COLOMBO, March 2. At the tea auctions the selection was fair, but the quality showed a distinct falling off. Bidding was slow excepting for finest quality, and the market was generally easier. Fannings sold at 90 cents to one rupee per lb, and dust at 70 to 75 cents per lb. CHRISTCHURCH MARKET, REPORT. CHRISTCHURCH, This Day. The following are quotations by Christchurch merchants for produce to be paid to farmers at country stations, free of commission, sacks extra, except where otherwise stated:— Milling wheat (new season’s) —According to Government prices, Tuscan 5s 6d f.0.b., Hunters 5s 9d, Pearl 6s 3d. Fowl Wheat—ss 4d (maximum price). Oats—Gartens 2s 3d to 2s 6d, Algerians Is 8d to Is lid for feed; 2s to 2s 3d for seed; Duns, 2s to 2s 3d. Chaff (new season’s) —£210 s to £3. Potatoes—March delivery £4 10s to £5. later £3 10s to £3 15s. Onions—£4 15s to £5. White Clover—9d to Is. Perennial Ryegrass—2s 6d to 2s lOd Italian Ryegrass—2s 6d to 2s lOd. Cocksfoot—4£d to sd. Barley—3s to 3s 6d. Cape Barley—2s 6d. Linseed—£ll to £l2 (nominal). Flour— According to Government .prices, 2001 b sacks, £18; 1001 b bags, £l9; 501 b bags, £l9 10s; 251 b bags, £2O; all at per ton f.0.b., Lyttelton, Tim aru and Oaniaru. Bran.—According to Government prices, £5 to £5 10s, according to packing, f.0.b.; southern ports. d^TPollard —According to Government to

THE ASHBURTON GUARDIAN: SATURDAY, MARCH 4 R IIS IN ESS WfiTincc COMMERCIAL • — ■ - — THE WOOL TRADE. INVERCARGILL SALES. INVERCARGILL, March 3. The official report on to-day’s wool sale states that the sale was better than was anticipated, and prices throughout compared favourably with the Dunedin sale this week, while for coarse crossbred the rates realised were from par to |d per lb better. Following is the range of prices, a comparison being given with the rates realised at the Invercargill sale on January 25 :— Fleece Wool. Jan. 25. March 3. • d - d - d - d. Merino — Average ... I3i to 16 Inferior ... 11 to 13 Fine Halfbred — Average ... 11-2 to 152 12 to 14* Inferior ... 9 to 11* 10 to 12* Medium Halfbred— * 1 Average ... 10* to 13* 10* to 122Inf enor ... 8 to 10 7 to 10 Coarse Halfbred— Super ... io to 12* Average ... 9 to 10* 8 to 9* Inferior ... 6* to 8* 6 to 7* line Crossbred— Super 9 to ll 3 1 New Season’s New Season’s 1 b iress Materials I Millinery 1 Importer and Manufacture! j Just Opened. j ;,Now Showing. 1 || of Marble, Granite Headstones, and Monuments. bles. ssed or Plas’rices. EN. HBURTO>L CE TO 1 WE have pleasure in announcing; early 1 1 arrival of 1 I Autumn Millinery and Dress Goods I 1 Our Milliner and our Dressmaker will 1 I now be pleased to Book Your Outfits for I 1 the coming season, 1 1 ALL GOODS ARE NEW, FRESH, AND BEAUTIFUL. 1 1 I Marble Chips and Peb ■ Concrete Kerbin-g, Pre II bred, at Christcharch I II AJ1 Work Guaranteed. 1 G. V. NEILS 1 WILLS ST. EAST, AS 1 IMPORTANT NOTI ■ j FARMERS. EVENING GOWNS A SPECIALTY. J PRICES EXTREMELY MODERATE. 1 •OARBER’S E.E. Quality, the UniO versa! Seaming Twine, 5s lb, any quantity. Welland Vale Hay Forks, 3-tine, in handy length, handles, 5s 6d each. Plough Line, 4-ply hemp, good quality, 3s 9d Jb. Vacuum Leather Oil, in 1 gallon tins. Vacuum Separator Oil, in 1 gallon tins, 7s. ■ i - i NOTE.—These Prices are for Cash Jonly. i t > C. PLUCK AND OON, | RAKAIA. c 1 i ———- ——— i "Cl OR Cuts, Cracked Hands, ChilX? blains, etc., try C.C.Q. Ointment. Is 6d a bottle at Bonnington’s Average ... 7f to 9 6* to 8 Inferior ... 5 to '7* 5 to 6 Medium Crossbred— Super ... 7 to 8* 6* to 1] Average ... 5* to 62 5 to 6 Inferior ... 4, to 5* 3* to 5 boars© Crossbred— ; Super ... 6 to 8* 5 to 6* 3 Average ... 4| to 5£ 4* to 42 3 Inferior ... 3* to 5* 3* to 4 3 „ _ Bellies and Pieces. ' 1 lalfbred— j Good to super 7 to 11 1 Low to med. 7 to 82 5 to 6* Jrossbred and Three-quarterbred— Good to super 5 to 8* 5* to 10 Low to med. 3 to 42 3 to 5* Irutchings— Med. to good — 3 to 4 Inf. to seedy 1* to 3* 2* to 22 jocks— 1 & value XjW | MILLINERY, 1 COSTUMIERS, I b And 1 * DRESSMAKING 1 SPECIALISTS. 1 WJMooi 'G. \ * jl^ASHBURTONJl 1 1 Halfbred ... 3* to 4f 2* to I| Crossbred ... 1* to 2f 1* to 2* — g Pnartnacy, East street.