WOOL MARKET

Press, Volume LXX, Issue 21123, 26 March 1934, Page 13

WOOL MARKET

THIRD Al ( KLAM) SALE CATALOG IL <»F i:.,s7i; BALES [THE rTEKS Special Service] AUCKLAND. March 115. I'hc ih:rd :-nci thial wool sale of thu jeason :". Ai:i'k!;-.:id will be held 0:1 Tuesday. T'.->. catalogue totals 15,876 >U'li:i: \:\S(,K or v.u.ri.s ;rS'.:--5 AS; I'iATiOM 1!.:.:03A1I.I NAPrER, .March :M. The oil.l-!:i 1 ri,:u;e of prices ;.t Fri-

.SOUTHLAND CHEQUE IFIESB I«SOtUT:C» rILICEiU.I INVERCARGILL. .March 25. The total realisation of the wool auctioned at the two s/es at InvercargiU this season was £713.493 8s 2d. r.ud the average price a pour.d wa< ]'}.i'sd. The average pric" a bale «■;,■■ ;'\ rage a pound. 4.Ski. average a bale. il(i 4s 2d. RABBITSKIN MARKET PRICES KISIN<; IX AMERICA AUCKLAND, March 23. The state of the rabbitskin market vas discussed by Mr Max Liebman. of New York, a through passenger on the Mariposa. Mr Liebman is making his Fifteenth voyage to Australia, and is one of the largest American buyers of rabbitskir.s. The extent of his business can be gauged from his purchase last year of 0.000,000 rabbitskin? from the Commonwealth. "Prices have risen 200 per cent. higher than they were two years ago, when they were at the lowest in the history of the industry," said Mr Liebman. "New Zealand is steadily increasing her output, there being twice as man:' sold last year as in the previous vear." Mr Liebman said that, while prices might remain firm for a time, he advised caution in speculative buying. WARO COAL MINE SOLD NEW PRIVATE COMPANY | j [THE TEESS Special Service.] \ AUCKLAND, March 23 j A coal mine property at Waro owned j by Wilson's (N.Z.) Portland Cement. : Ltd., has been sold to a new private ; company, Waro Coal Mines, Ltd. The j Waro mine has been in the posses-ion i of Wilson's Cen.out for about 20 years, ; It was worked by Ihc company itself: until a few years ago. when it was leased in succession to co-operative | parties, which experienced difficulty ui | dealing with the influx of water. The j cement, works will continue to draw j its coal supplies from the new cum- , pan v. '< The parties interested in the Waro ! Coal Minr-s Ltd., are also interested . in the new Hiku angi Coal Company, Ltd., which recently acquired the pro- , perty of the old Hikurangi Company. j The mine prop- tics are adjoining, and j it i> ji.tfr.derl, as far as possible, to ; f'k.pi a iiiiifirrin system of working. ; /■(SIKALIAN DAIRY I'KODI t'E j RATES i WELLINGTON'. March 24. The New Zealand Dairy Produce i Board is advised that the Australian j Board has fixed the minimum prices | a t which Australian butter rr»ny be j sold for forward shipment to the , United Kingdom during the coming ; week at Sid and Bid. j i i DAIRY PRODUCE MARKET The South Island Dairy Association, Ltd., has received the following market report from the New Zealand Produce Association. Ltd., London: Butter—S'.ea-v: 71s Gd (o 72s 6d: unsalt.ed 725, Danish 91s. Cheese—Steady. White 43s 6d to 445, coloured 445-.

day's woo) -ale was: — (i. c!. Southdcwu--Super . . . . m to 17 Average . . . . 14 to 15 Inferior .. 12 to 13i fine Haifbred. 56 53's— Super 17 to 18i Average 15 to lGj Medium Haifbred. 50 56's— Avrra-.. 14'. to It!'. Extrr: V'lv Cros. bred. 18 3U7 Super 12' !,.; ]■',; AVITIIO' 111', to 11 • Inferior <: Hj 7 i J'ine Crossbred, ill 48V--Super .. i 1 i., it.'.'. . .. i; !,, !!A Infcvi'T .. 5; lo 7" Jllrdium C'i-";-'-iTfil. U 10's ■ Avcraue .. .. il tfi 7i ri)fcri"i . . 4; lo H Coarse Crosr-btxd. 40 44 s - Average . ,. li to 7 Inferior . . 1; lo ;V, Low Crossbred. 30 40VAverage . . .. 5 l.i li' Hotels-- . 50 54's .. .. - - to 17 . 48<50's .. .. !) to 15\ 46 48':; ., .. 8; to 11A Lambs — 46 50's . . .. 13 to 15.\ Seedy and inferior .. 5 to 10 Necks — Avcraye .. !.' to i.'i Seedy and inferior .. 5 to 8 PiecesGood fo sopei- .. 8 to it!. Low to medium .. 5i to 6-, 1 Inferior and seedy .. 2 to -i\ BelliesGood to super .. (i to 7 A Low to medium .. A\ to 5| Seedy and inferior .. 2 to 41 Crutehinss — Good to super .. tiJ to 8 Low to medium .. 4.\ to (i Seedv and inferior .. 2 to 4 Lccks— Crossbred . . .. 4 to 5;