WOOL APPRAISALS

Press, Volume LXXVII, Issue 23478, 5 November 1941, Page 5

WOOL APPRAISALS

TIMARU DATES The complete list of dates for wool appraisals at Timaru is as follows: — December 11, January 17, and March 2. RABBITSKIN SALE (P.S.S.) DUNEDIN, November 4. There was a fair offering at to-day's rabbitskin sale, all sections of the trade being interested The bulk of the skins on offer comprised springs, summers, and milkys. The demand continues, and considering the quality of the skins now forward, values are payable. Compared with late rates, hatters’ sorts declined Id to 2d, while better grades were lower by 4d to Is. A few small parcels of winters were offered through the catalogues, and sold exceptionally well. First winters sold to 150 d, second winter bucks to 144 d, first winter does to 145 d, spotted winter bucks to 132 d, and spotted winter-does to 126 d. Ferret skins are selling at low prices, the skins now being received not being suitable for furrier purposes. The official range of prices is:—Small, 591 d to 64Jd per lb: runners, 69d to 79Jd; racks. 85id to 88d; summers. Bid to 83d: spotted winter bucks, 124 d to 132 d; spotted winter does, 114 d to 126 d; second winter bucks, 136 d to 144 d; second winter does, 129 d to 137 d; first winter bucks, 146 d to 150 d; first winter does, 142 d to 145 d; outgoing winter bucks, 120 d to 123 d; outgoing winter does, 115 d to 121 d; spring bucks, IOOd to 109 d; spring does, 95Jd to 104 d; stained does, 109 d to Hid; first milky, 91d to 97d; milky, 81d to 82Jd; aUtumn broken, 80d to 82d; second winter broken, 88d to 94Jd; first winter broken, 96Jd to 98Jd; summer fawns, to 80d; autumn fawns to 80d; winter fawns, 85d to 101 d; summer black. 78d to 78Jd; autumn black, to lOOd; first winter black, to 120 d: first hareskins, to 40d; hareskins. to 30d; horsehair, 18d to 28d; first ferrets, 2s lid to 5s 4d; second ferrets, to Is 7d; deerskins, to 4s lOd. Sales will now be held monthly during the summer period, the being listed for December 2. MINING MOSSY CREEK COMPANY The seventh annual report of the directors of the Mossy Creek Gold Dredging Company states that gold won during the 25 weeks the dredge operated amounted to 16990z 6dwt 9 grains, and realised £14,332 2s 9d net. The net profit of £9501) Is 2d was therefore the more saitsfactory in view of the shortened, period of operations. By the time this limited area had been worked, however, prospecting operations had convinced the directors and the dredgemaster that the remaining portion of the company’s property could not be worked profitably. While it was a matter ot great regret that operations had to. cease, for the time being- at least, it was satisfactory that dredging continued payable to the end. The company s finan* cial position was exceedingly satisfactory. This would be apparent to shareholders Had there been a payable area conveniently adjoining the present claim, cash at bankers and on deposit was sufficient to have dismantled, removed, and set up the dredge on a new property, me directors had no knowledge of such an area conveniently adjacent, and had investigated several properties submitted to them, but so far had not found one sufficiently attractive to recommend to shareholders with a view to shifting the dredge. There had been no inquiry from likely purchasers as to the possible sale or the dredge, etc., except in small lots such* as would detract from the value of the plant as a whole without realising any considerable sum. The .dredge, plant ana stores had been carefully protected since dredging ceased, and, on a payable area, would be worth book value. Addison.—The Addison Gold Mining Company reports a return for the three weeks ending November 1 of 640z Udwi of gold from' 51 shifts. . Argo Dredge Return.—24oz from 8500 yards in 108 hours. STOCK SALES TINWALD / , Although there was a double market at the Tinwald stock sale yesterday, the ontrv of fat sheep was no greater than usual, and consequently all lines met with a ready sale. Prices on the average were as much as 2s better than at the Ashbuiton sale last week.. The top P ri ce of the sale was 31s 3d for, a prime we he sold for J. Horrell (Lagmhor). Other wether sales ranged from 20s to 27s lOd. In the fat e\ve section the best price was 26s Id for a pen of 14 offered on account of a client. Fat lambs were forward in larger numbers than previously this season, and values for these ranged from 17s 6d to 29s Id. RANGIORA There was a large entry of sheep at the Rangiora stock market yesteraay. Pri'ces, which were easier than those ruling last week, were as follows: Sheep.—Ewes and lambs, 10s 9d to 18s 2d; ewe hoggets, 28s 9d; shorn wethers, 18s to’22s; dry ewes, 12s 6d. Cattle—Dairy cows, £5 to £9; bulls, £o 10s to £6 lbs: store cows, £4 to £5 10s. Pigs.—Baconers, £3 16s 6d; porkers, 54s to 675, 6d; stores, 28s to 345; weaners, 16s to 20s. LORNEVILLE (PA.) INVERCARGILL. November 4. The fat sheep yarding at the Lorneville stock sale to-day included a good percentage of very good quality wethers. In the earlier, part of the sale prices for all sorts were fully 2s above those of the previous week; but as the sale P l ’°- gressed there was a general easing, and in the concluding stages sales were difficult to effect, with values at least 3s below those ruling in the opening stages. Prime woolly wethers made up to 34s 6d, good quality 32s to 335, medium qualty 30s to 31s, prime shorn wethers 26s 9d to 28s, good quality 25s to 265, medium 23s 6d to 245, prime young woolly ewes to 245, prime quality 22s to 235, medium 19s 6d to 20s 6d, unfinished down to 17s, prime voting shorn ewes to 225, prime heavy 18s to 195,. good quality 16s 6d to 17s 6d, medium 14s to 15s, inferior 11s to 12s 6d. There was a bigger entry of fat lambs. Extra prime lambs realised up to 325, mu the majority sold at from , 25 ® H,, 2 , Light sorts brought from 21s to 22s 6d, A large entry was yarded in the wt cattle section, and there was a much bet ter percentage of good quality bullocks than usual. The sale was a slow one, and values showed a reduction of about £1 compared with last week, and in some cases more: Passings were not infrequent towards the end of the sale. Extra prime heavy-weight bullocks made to £2O 12s fid, prime heavy-weight £l7 to £lB, med-ium-weights £l3 10s to £ls 10s, handyweights £l3 to £l4, light-weights £ll to £l2, extra prime heifers £l3 10s, prime handv-weights £ll 10s to £l2 10s, lightweights £9 to £lO 10s, prime heavyweight cows to £l3. good quality £lO to £l2, medium £9 10s to £lO 10s, unfinished £6 10s to £7 10s.