WINTER WOOL SALE

Press, Volume LXXIV, Issue 22491, 27 August 1938, Page 15

WINTER WOOL SALE

FAIR COMPETITION AT DUNEDIN

VALUES FIRM AT NORTHERN RATES

(r&ESS ASSOCIATION TILEOKAV.) DUNEDIN, August S 6. The usual winter sale of crutchings and oddments was held to-day, .when more than, 1900 bales were submitted to a good attendance of buyers. The offering was a medium one. a big percentage of the crutchings being discoloured and stained. Very few super lots were on offer. Competition was oniy air, values generally being firm on northern sales. Bradford, the Continent, and Australia were the chief buyers, with the local mills operating sparingly. Local scourers were also interested and purchased a fair quantity of crutchings and skirtings. The absence of Japanese competition was keenly felt. Previously Japan had bought a good weight of finer sorts. There was a fair demand for the fleece on offer, and any lots submitted were keenly competed for. Skirtuigs also sold well. Approximately 60 per cent, was sold at auction. The official range of prices was:— Merino crutchings, practically none sold; half bred crutchings, super to 7d medium to good 6d to 6£d, seedy and inferior 43d to 5Jd; three-quarterbred, super'to 7Jd, medium'to good 6d to 63d; seedy and inferior 5d to 5Jd; crossbred, super 8d to B£d. medium to good fijjd to 7£d, seedy and inferior 5d to 53d; fleece, average halfbred 56-58 to Hid, average fine crossbred 48-50 93d to lid, average crossbred 4648 lOd to IOJd, average crossbred 44's lOd.

CANTERBURY MARKETS

FEW SALES OF POTATOES (BY OUR COMMERCIAL EDITOB.) Friday Evening. There has been little change in the Canterbury grain and produce markets since the last report. Chief interest has. continued to be in potatoes, although no business is being done. Merchants'describe this week as one of the dullest in the potato market they can remember. Some of them have not sold a single ton. Farmers are still holding very large quantities, but there is no demand from the North Island markets, which are well supplied, and still no prospect of an outlet overseas. As the potato season is now well on, it seems certain that growers will be left with heavy stocks at the close. The nominal quotation is £2 a ton on trucks.

The seasonal demand for small seeds has not yet set in in earnest, although there has.been some inquiry this week for grass seeds. Quotations are unchanged. Large quantities of seed wheat continue to go cut, and it is anticipated that the demand will continue for another fortnight. It is not yet possible, however, to give an accurate estimate of the area that is likely to be sown. Quotations. The following are the prices quoted to farmers on trucks at country sidings, unless otherwise indicated:— Wheat— Milling, f.0.b., August, Tuscan 5s 10id, Hunters 6s Oid, Pearl 6s 2£d. Oats—A' Gartons to 2s lOd, 8 Gartons to 2s Gd, Algerians 2s 9d to 3s.

Ryegrass—Perennial 3s 9d. Italian 2s 9d to 3s.

Cocksfoot—Plains 8d to Bd. Akaroa 8d to 9Jd per lb. Cowgrass—6d to Id per lb. White Clover—9d to Is per lb. a tori. Chaff— £4 10s a ton.

Barley—Malting 4s 7Jd. feed 3s a bushel. .

Browntop—M.d„ 9d to lOd per lb. Partridge Peas—4s 3d to 5s 3d a bushel. Bran—JLarge £4 15s, small £5 ss. Pollard—Large £6 5s a ton, small £6 15s. '.•■•■"

ASHBURTON

Another quiet week is reported by Ashburton seed, and produce merchants. All milling wheat has now been marketed, and there is still a firm outlet for fowl wheat. - > Good heavy Garton oats are in demand for seed. Seed wheat ,is still being sold in fair quantities. There is now a good retail demand for all grass and clover seeds. Potatoes are difficult to sell, and in the absence of orders growers are obliged to hold their stocks. Quotations

: The following are prices quoted tofarmers, on trucks at country stations unless otherwise indicated, sacks extra, free of commission:—

Wheat—Milling Tuscan 5s IOJd, Hunters 6s o£d, Pearl 6s 2Jd. Fowl wheat 5s IOJd (all f.0.b.). ■ Oats—A Gartons 2s 9d, B's 2s 6d; Algerians 2s 9d to 3s, Duns 3s to 3s 6d, according to quality.

Grass Seeds—Perennial ryegrass 3s 9d to 4s 3d, Italian 2s 9d to 3s, cocksfoot 7d to BJd, red clover 6d to 7d, white clover lOd to Is. Chaff—£4 5s a ton. Partridge Peas—ss 6d for No. 1 grade, undergrade 3s 6d to 4s 6d. Barley—Malting 4s 7Jd, feed 3s 3d. Potatoes—Whites and Dakotas £2 10s (nominal).

DUNEDIN

fTHIO PRESS Special Service.!

DUNEDIN, August. 26. A spell of fine weather is enabling farmers to make steady progress with the sowing of wheat, and a substantial quantity is now being sent to the country. There is no change in the fowl wheat market. There is a good demand for chaff of the best quality. Supplies are being drawn from surrounding districts, with £6.105, ex store, obtainable for good, bright lines. Medium and poor quality is hard to place. The potato market continues to drag, and sales are slow. The local value Is nominally £3 10s to £4 a ton, sacks included, ex store. The bulk of the supplies have been delivered from the country, but stores are still holding fair stocks.

There are now signs that merchants are becoming more interested in the seed market,.the spring demand commencing- earlier than usual. Fair quantities-of seeds are being railed to the .country.

LONDON METALS MARKET

LONDON, August 25. August 24, August 25. Copper- £ s d. . £ s. d Standard, spot 40 8 14 40 13 9 Forward 40 13 1| 40 18 9 Electrolytic 45 15 0 '46 0 0 "to 46 5 0 - 46 15 0 Wire bars 46 5 0 46 15 0 LeadSpot .. 14 8 9 14 12 6 Forward ,, 14 10 7J 14 14 4* Spelter- ■ Spot .. 13 1 101 13 5 0 Forward Tin- •• . 13 5 7£ 13 9 . 4f Spot 192 15 0 193 7 6 Forward 193 12 6 194 7 6 SilverFine, per 02. 19Jd WJd Standard, per oz. »• 20gd 203d