COMMERCIAL.

Press, Volume LII, Issue 15604, 31 May 1916, Page 9

COMMERCIAL.

(By Cable.—Prees Astociati^— Copyright.) LONDON WOOL SALES. LONDON, May 29. Tho fifth series of wool Bales, limited to 100,000 bales, of which 90,000 arrived on May 6th, arc fixed for June sth. Subsequent • f;id<?s aro to be held as frequently as it-quired during tho season. English buyers aro gratified at Australia's prohibition on export outside the Empire. MOULDYBABBITS. LONDON, May 20. Many of the rabbits, cx-woinmon-lvcalthl are mouldy, and the authorities arc detaining them all for examination. BANK OP NEW SOUTH WALES. INCREASE OF CAPITAL. (Received Mav 30tii, 10.30 f*ni.) * SYDNEY, -May 30. At tho half-yearly meeting of tho Bank of New South Wales n dividonl of 10 per cent, was declared. At a. special meeting. it was decided to increase the capital of. the bank from £3,500.000 to £4,000.000, by the creation of U5.000 new £20 shares, to bo issued pro rata to the present shareholders on Jutte Ist. ~ EXPORT OF WOOL. / SYDNEY. May 30. A sensation was caused 1 in woolbroking eircle.s by the prohibition of tlie export of wool. . BRISBANE, May 30. The wool sales were not held. The secretary of the Woolbrnkers* Association sta'ted that as the export embargo would not be lifted, it was useless to sell. GRAIN AND PRODUCE MARKETS. (BY OCR commercial editor.) Tuesday Evening. .There is little or no business to report in connexion 'with the local Tvheqt market. Some fair parcels of milling wheat have conic forward, but tho demand is not keen, and millers, being fairly well stocked, are' not eager to do business except at prices "which do not coincido with vendors' Views. The oat market is a little firmer, and there is now a" fair enquiry/ Gartons, of good quality, have hardened Id. Tho potato* market remains firmer, and better prices aro offering, the average for good lines being £4 los per ton.

Flour has born ]oncrcd in price !>.v 30s for ton lots, ;ind other packings proportionately. Bran lias hardened to £5 per ton for shipping and £5 os local Pollard has also risen, and is now* -worth £8 per ton. . The following, are tho prices paid to sfarmers at country stations, freo of commission.' sacks extra, except "where • otherwise stated:— Wheat—Milling Tuscan. 4s: Hunters, 4s 2d; Pearl, 4s Od to 4s lOd. Oats—2s to 2s 3d for Gartons, and 2s 3d to 2s 6d for Duns. ; Barlev —Malting, 4s to os 6d. Flonr—£l2 30s; 3001b bags. £13; 501b bags, £33 us; 251b £13 30s. Bran —£3 per ton for shipping. Pollard—£B per ton for snipping. Oatmeal —251b bafrs. £37. Oatsheaf Chaff—£3 30s. ' Ryegrass—4s to ss. Coekefoot—32lK seed fld. 131b seed 9jd. 141b 6eed 30d. ..Onions—£2 10s to £3. Potatoes—£4 5s to £4 10s for M«iy ' delivery, £4 10s to £t 15s for June delivery. Peas—Partridge, os. %AXGIORA MARKET.

lof sheep at the Itangiora marI ket yesterday, there being a yarding of only 200 fat sheep and a.Rout 300 stores. In tlie fat pens, the j bidding was confincd to the local ; butohers, and priccs were down. Prime ewes made from 21 s to -Is M, others I 18s 9d to 20s, lambs 18s 9d to 21s 9d, and a pen of prime wethers realised only 21s <ad. In the store pens, ewes made from lis to 20s Id, wethers 19s : to 21s 9d, and a P cn wethers'" was I passed at 24« 9d. j Cattle.—Twenty-one head of cattle ! were penned. Dairy cows made £3 15s to £6 as, springers £4 18s 6d to £6 os, store cows £4 to £6, fiftcen-months-old cattle £3 ss. Pigs.—The entry was 30 head. Bacom-rs made 74« 6d to 97s 6d, porkers to -l«3s 6d, small pigs 4s to lis. In tproduce yards heavy crossbred sheepskins made 8s 7d, medium fis, lighter -Is, pelts Is Gd, calfskins 4s, bides 9d per lb, fleece wool 10d, crutchings 7d, fat 2„d. Jiorsehair 7s. Poultry —i'loosters 8s 3d, pullets 4s, liens 3s, duc-ks 6s. ehickwheat 3s 3d to 4s Gd a bushel, oats 3s, grass-seed 3,s to <>s, bran Gs. sharps 12s Gd, barley meal 15s Gd, oatsheaf chaff 4s. straw chaff 2s, potatoes 10s, carrots 3s, swedes Is a kit, apoles 5s a case, pears 4s, and onions Id a lb. THE PROPERTY MARKET. Messrs It. S. McKenzie and Co., instructed by Lieutenant-Colonel A. E. Loach, offered for at their auction rooms _ yesterday his residential property in Hewitt street, but as the sum of only £725 was offered, the property was passed in. TEMUKA STOCK SALE. The yarding of sheep at the Tcmuka stock sale yesterday totalled 1759, against 2580 at the last sale. The entry wa s made up of 756 fat ewes, 492 fat lambs. fat wethers, fand 497 stores. There was a good attendance of fat buyers, and prices throughout were good. Ewes made 14s 2d -to 24-s 7d, wethers 26s 3d to 31s, atad lambs los Gd to 23s 10d. The store sheep offered were chiefly old owes in poor condition, which sold at prices ranging from 9s 1 <! to 12s 6d. Ewe lambs brought 18s 9d. Of those offered 238 wero passed. The yarding of cattle totalled 96 head, and j74 were classed as fats. Though none of the fats were prime, anmany were only forward stores, competition was good, and only a small proportion failed to find purchasers. Cows made £5 10s to £11 2s 6d, steers £4 to £14 10s, and heif6rs £4 15s to £9 ss. Dairv heifers brought up to £10, empty heifers to £6 ss, spring cows to £8 los, and calves 355. The competition for pigs was very keen. Weaners mado 5s 6d to 15s. stores 21s to 33s . 6d. porkers 37s 6d to 565, and baconers £3 7s 6d.to £4.