THE WOOL MARKET

Press, Volume LXVI, Issue 19985, 21 July 1930, Page 12

THE WOOL MARKET

SOUTH AFRICAN PROSPECTS STABILISATION IN NOVEMBER. (T7WITIB PRCS' ASSOCIATION—HI ELECTJUO TZLBQBA7H —COFYBIQHT.) (Received July 20th, 5.5 p.m.) CAPE TOWN, July 19. Despite failure to get unanimity among Fanners' Associations with regard to the rationing of wool as desired by Australia, the Growers' Association believes that the opening month of the season will witness a slight fall in prices, to be followed by a steady rise till November, when prices will be stabilised. It advises iarmers not to dispose of Merinos to invest in Persians, as seemed to be the present tendency. PROCEEDS FROM WOOL. HEAVY FALL IN AUSTRALIA. (DJHTM) PRESS ASSOCIATION—BT gLJCTRIO TBLBOBATH—COPXBIOHT.) (Received July 20th, 5.5 p.m.} SYDNEY, July 20. Tbe total proceeds of sales of wool in Australia this season show a drop of nearly £24,000,000, as oompared with last year. STRONG TONE AT BRISBANE. (Received July 20th, 5.5 p.m.) SYDNEY, July 20. The week's wool sales at Brisbane closed with a strong tone. The feature of the market is the Continental demand. LONDON WOOL SALE. (TOITM PRESS ASSOCIATION —BT BI.ECMIIO TELEGRAPH —COPriUQHT.) LONDON, July 18. At the -wool sales 6356 bales were offered, including 834> from New Zealand, and approsimately 3390 were eold at full late rates. The improved tone was well maintained. New Zealand crossbreds, Flag lid top, 10} d average; Moetere, lid and 10£ d. Halfbred: Glenfield, 33d and HidLONDON MEAT PRICES. 1 (VTaTEO PRESS ASSOCIATION —BT BLECTEIO TSL2GBAPH —COPTRJGHT.) LONDON, July 19. The weekly quotations for the undermentioned classes of frozen meats, based on actual sales of wholesale quantities of earcase* of mutton or lamb or quarters of beef delivered to the Smithfleid market and/or exLondon stores, have been compiled as follows by the Quotations Committee, Smithfield. To arrive at equivalent ex-ship values id per lb should be deducted from the prices quoted below. Quotations are average for the week, and are not for selected lines, but for parcels fairly representative of the bulk of shipments now on offer: — NEW ZEALAND SHEEP. Canterbury and North Island selected crossbred wethers and maiden rwes—--67 to 6-lib .. • - *1 65 to 721b . . . . . . NEW ZEALAND LAMBS. Canterbury—861b and under • Second quality: Average 381b .. 7| Selected North Island BrandtSecond quality: Average 1511b .. »• ft.. Other North Island brandsVirst quality: 361b and under .. • • >t Seoond quality: Average 311b .» 7| AUSTRALIAN LAMBS. Victoria— Second quality: 361b and under .. ..61 Other State*— Second quality: 88lb and under w H ATI StatesThird quality .. ■».- €| ARGENTINE LAMBfI. VLrst quality: S7-421b .. .. .. «i NEW ZEALAND FROZEN BEEP. Ox hinds: 160 to 9201b .. B| AUSTRALIAN FROZEN BEEF. 01 erops: Under 1001b.. .. .. S Over 1001b .. a 8§ Ox hinds: Under 160!b .. .. ~ 5 Over 1801b .. ... .. 5| ARGENTINE CHILLED BEEF. Ox fores: 180 to 9201b .. 8X Ox hinds: 180 to 3201b .. «.8| Others unchanged. MEAT SHIPMENTS. JUNE CONSIGNMENTS. The New Zealand Heat Producers' Board is advised by cable from its London office that the shipmenta from Australia and South America to the United Kingdom during the month of June were as follows: AUSTRALIA, Carcases mutton .. .. 20,866 Carcases lamb .. .. 02,067 Quarters beef .. .. 109,279 SOUTH AMERICA. Carcases mutton .. ~ 363,278 Carcases lamb .. .. 474,460 Quarters beef (froxen) .. 2,877 Quarters beef (chilled) .. 469,746 Included in the South American figures are 208,288 carcases lamb and '199,496 carcases mutton shipped from Patagonia. The shipments from New Zealand to the United Kingdom for the same period were as follows: — Carcases mutton -. .. 154,882 Carcases lamb 1. .. 695,889 Quarters beef .. 1,248 HIDES AND SHEEPSKINS. Hides still showed a downward tendency at recent sales, and one of the auctioneering firms reports that ruled from id to id easier than last sale's level. Well conditioned parcels met with good enquiry at the lower prices, but sloppy and poorly got-up lines felt the full extent of the decline. Yearling and kip were id to 3d lower, and calf suffered a decline of lid to 2d. Prices for dry sheepskins showed very little ohange for sound pelted lines, damaged and inferior pelted lots being about id easier and salted skins sold at about par. Tallow was very dull of sale with little enquiry. The range of prices is as follows: Dry Sheepskins—Qalfbred, - 7Jd to 71d per lb; fine crossbred, 4!d to 7sd; medium crossbred, 4Jd to 7Jd; coarse crossbred, 6id to 7Jd; half wools, 4Jd to 6jd; quarter wools, 4d to pelts, 4d to S£d. Salted Skins- —Quarter wools, 8s Sd to 4s; half wools, 4s to 4s lOd; three-quarter wools, 4s 9d; full wools, Ss 3d to 6s; extra large, 7s 9d; lambs, 3s. Bides —Ox, 331b to 441b, 4d to s id; ox, 45 to 521b, s|d to sid; ox, 531b to 591b, 5d to s|d; ox, 601b to 6£>Jb, sgd to 6d; ox, 701b and over, s|d to' 5Jd; cow, 881b to 391b, 4d to Bid; cow, 401b to 481b, 3id to 5Jd; cow, 491b and over, 88d t6 43d; kip, 251b to 821b, 2d to s id; kip, 171b, to 241b, 4id to 8Id; yearling, 111b to 161b, 6d to 8d; oalf, 91b to 101b, 4d to 6d; calf, 61b to ■ 81b, sid to 9d; calf, lib to 51b, 7d' to 9d. Tallow —In casks, 20s per cwt; in tins, etc., Ss to 20s. Sundries —Cow tails, 12d; horse hair, 172 d. POULTRY PRODUCERS, LTD. The Canterbury Co-op. Poultry Producers, Ltd., reiport that smaller yarding* of poultry are coming' forward for the markets, particularly regarding boiling hena.: Prices for these have hardened. The following prices were realised per pair: Table .chickens, light 5a 6d to 7s 6d, heavy 8s to lis; hens, light 4s to fis, : heavy 6s to 7s; ducks, 4s 6d to 7s; geese, 6* to 7» 6d; turkeys,'hens IBs to 255; gobblers 80s to 455. g