WOOL, SKIN, HIDES AND TALLOW SALES.

Dominion, Volume 3, Issue 823, 23 May 1910, Page 10

WOOL, SKIN, HIDES AND TALLOW SALES.

Messrs. Levin and Co. report as follows regarding Friday's sale:—Wc held our fortnightly sale to-day, when wc offered 30 bales of wool, 2000 sheepskins, 18U0 hides and calfskins, and a quantity of tallow and horsehair. There was a good attendance of buyers. Wool: Prices were steady, competition being good for the wool offering! which consisted mainly of odd bales of heavy-conditioned crossbreds and a few bales of this season's crutch* ings, We quote: Fine crossbreds, 9d. to 10id.; coarse crossbreds, 7Jd. to BJd.; lambs wool, 7id. to 9d.; pieces and bellies, %1. to 6d.; locks, 2£d. to 4Jd.j. crutchings, 4d. to 63d. Skins: Very few woolly skins were offering, but wc had a fair catalogue of half-wools and short-wools, which sold at full prices. We quote: Fine crossbreds, Bd. to 9d.; medium crossbreds, 7d. to Bid.,; coarse crossbreds, Gd. to 7Jd.; hogget \ skins, 6d. to GJd.; dead skins, 4d. to 6d.; dead hoggets, sd. to 6d.; lamb skins, 6jd. to 7id.; quarter to half-wools, 4d. to 7d.; dry pelts, 2*d. to 5&d.; green skills, 3s. 6d. to 6s. 5d.; lamb pelts. Is. 6d. to 2s. 6(1. Tallow: Very firm. Parcels in shipping order, .£2O 155.: tins, £20 to £24; rough fat, £10 to £17. Horsehair, Is. to Is. 4d. per lb. Horns, ss. to 355. per hundred. Cowtails, Is. Bd. per dozen. Hides were on a par with recent values, ox hides being rather firmer. Calfskins were steady at rccent values. We quote:—Ox hides (heavy), 7d. tu Ui\.; ox hides (medium), 7d. to 73d.; ox hides flight). 6£d. to 7£d.:

cow hides, 6id. to 7Jd.: cut and slippy hides, Id. to 6d.; stag hides, 4d. to sgd.; bull hides, 4d. to sid.; yearlings, sd. to 63d.; calf, best, 7d. to 103 d.; calf, medium, 6d. to Bd.; calf, cut and slippy, sd. to 6d. Our next salo will be held ou Inursday, June 2, 1910. FROZEN MEAT. By Telegraph—Press Association— Copyright London, May 20. The Frozen Meat Trade Association's fimithfield market quotations for the undermentioned classes of frozen meat aro based on actual sales of not less than one hundred carcasses of mutton or lamb, and twenty-five quarters lof beef of fair average quality. The quotations arc not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market. The priceswhich follow aro on an average a farthing. per lb. more than the value ex ship, this difference representing an average cost in expenses, handling, conveyance, and selling the meat:— New Zealand sheep-Canterbury, light 33d., medium 32d, ;• heavy, 3 7-16 d.; North Island, 3 7-16 d.; best brands, 3 9-16 d, New Zealand lambs— Canterbury, unchanged; Southland, 5Jd.; North Island, 5d.; selected,-s&d. „ New Zealand beef—Fores, 33a.; hinds, 4id. "Australian Bhecp—Heavy, 3 3-16 d.; light, 3id. . ; 1 Australian lambs—Prices unchanged. Australian beef —Fores, 32d.; hinds, 4id. i River Plate sheep-Prices unchanged. j River Plate beef —Fores, 3|d.; hinds, 4jd, JAPANESE CONVERSION LOAN. (Rec. May 22, 5 p.m.) London, May 21. "Underwriters receive 23 per cent, of the Japanese conversion loan of £11,000,000 at 4 per cent., issued at the minimum price of 95 per cent. NEW ZEALAND APPLES. WASTY AND OVERRIPE. (Rec. May 22, 5 p.m.) London, May 21. The Paparoa's shipment of New Zealand apples were somewhat wasty and overripe; tlyj hulk sold at 6s. to Bs. 9d.; some Cleopatras realised 9s. 6d., Munroes 9s. 9d., and Sturmers 10s. COPRA. London, May 20. Copra.—Tho market is quiet. South Sea, in bag 6, £25 10s. to £25 12s. 6d. HEMP. Tho market is dull, and prices are unchanged. \ - RABBITS. The market is lifeless; best make from 12s. 6d. to 135., ex store. MINING NEWS. WELLINGTON SHAREMARKET. Auckland mining shares were quiet on Saturday, while there were quite a number of transactions 'in Ross Goldficlds The market was more or less affected bs the holiday of tho previous day. Greatei activity is likely -to be witnessed thi* week. The business recorded was under:— Waihi, £8 125.. 3d. (second call). 'Ross Goldfields, 125., lis. 6d., lis. (firs: call); 125., 12s. 6d., 125., lis., 10s. 9d. ( lis (second call). « QUOTATIONS, Buyers. Sellers. Sales. _ £8. d. £s. d. £s. d. Kuranui Oaled'n ... 01 6 — — I May Queen — 04 7 — New Sylvia. 03 10 040 — _ Old Hauraki 0 4 4 0 4 5 — " Saxon — 0 111 — lairua Broken Hills 0 12 0 14 — Talisman 214 0 215 0 — Waihi 812 0 814 0 812 3 Waihi G'd Junct'n 112 0 - — ] Waitangi ' ~ 0 210 — Blackwater 110 0 — — Con. Goldficlds .... 10 6 110 — Ross Goldfields .... 010 9 011 3 011 0 „ - The course of sales during the past I week was as follows:— May Queen, 4s. Bd. J •New Sylvia, 3s. lid. i Old Hauraki, 4s. 7d., 4s; 6d., 4s. Bd., 4s. « 5d., 4s. 5d., 4s. 4d., 4s. 4d., 4s. 31d., 4s. 3d., 4s. 3d. , Saxon, Is. 9d. 1 Tairua Broken Hills, Is. 2d. , Tairua Golden Hills, 4s. 2d. Talisman, 51s. 9d., 525., 525., 525., 525. 9d., 535., 535.. 535. 3d.. 535. 3d.. 535. 6d., 535. Gd., 535. 9d., 535. 3d.,'535. 6d., 535. 6d., 535. 6d., 535. 9d., 545., 545. 3d. Waihi, £0 4s. 6d., £8 3s. 9d., ] £8 3s. 6d., £8 45., £8 4s. 6d., £8 10s. 6d., £8 lis., £8 145., £8 135., £8 12s. "3d. : Waihi Grand Junction, 30s. 6d. Waitangi, 2s. 10d., 2s. 9d., 2s. lid., 2s. 1 lid., 2s. 9d. • - | Watchman, 2s. 4d. .. Blackwater; 295. 9d. New Big River, 40s. . Ross Goldfields, Bs. 3d., Bs. 7id., Bs. 9d„ • 9s. 3d., 9s. 9d., 9s. 9d., 10s. 6d., lis. 6d., 125., 12 «> 6d., 12s. 6d., 12s. 9d., 135., 135., . 135., 125., lis. 6d., lis., 125., 12s. 6d., 125., Us., 10s. 9d., lis." WAIHI LOW LEVEL ORE WORTH £8 PER TON. RISE IN SHARES. (By Telegraph.—Special Correspondent.) Auckland, May 22. It is understood that valuable ore as- . saying £8 per ton has been met. with in tho low level of tho Waihi mine. This no doubt explains why shares in the Waihi. Company advanced during tho week from 1655. to 1745., at which figure sales were made on Saturday on the Auckland Exchange. | GRAND JUNCTION'S COOD PROSPECT, ROYAL REEF AT NO. 5 LEVEL. Reports from Waihi state that at the No. 5 level in the Grand Junction mine the Royal reef continues-to open ujj most satisfactorily, recent developments at last pointing to the lode proVing a valuable asset to the company in this section of the property. ' Some little distance back from the present face of the drive on the main section of lode (now out well over 400 feet from the south-east crosscut) a crosscut, projected with the object of determining tho width of the reef, has exposed 17 feet of quartz, with the footwall in hand, and no 6ign of the hangingwall. The assay values from the crosscut are not yet available, but from the appearance of the • ore the lodo should produce payable ore for the full width showing. The cast branch vein (apparently a cross reef),, which broke away from the main body at the 160 feet crosscut, is also, opening up well. A rise going up ou the lode to ascertain the height to which it lives, shows 8 feet of nice sulphide ore. The main north-west crosscut, being ad-' vanced beyond No. 2 reef to explore the north section on the property, has passed through a quartz body some 8 feet or 9 feet wide, that at the point of intersection being of low grade. This will be exploited and tested later | on. Other development works at the low j level are being expeditiously pushed ahead, with no change of moment to report since last inspection. STOCK EXCHANGE. ; (By Teleeranh—Press Association.) ! • Auckland, May 21. ► Business done at this morning's call of . the Stock Exchange included:— Alburnia, Is. Saxon, Ib. lOd. Watchman, 2s. 9d. Ross, 9s. 9d. Hauraki, 4s. 6d. Maoriland, 5Jd. Talisman, 545. 3d., 555. Waihi Rcofs, ss. 4d. Grand Junction, 325. 9d. Wilson Cement (ord.), 475. DREDGING RETURNS. (By Telegraph.—Press Association.! Dunedin, May 22. Dredging returns:—Rise aud Shine, No. 1, 520z. 12d\vt.; Rise aud Shine, No. 2, 350z. 12dwt.; Waikaia, 320z. ldwt.; Muddy Creek, 240z. 6d\vt.; Mystery Flat, 20oz. 19dwt.; Electric No. 1, lßoz. 15dwt.; Mastcrton, 18oz. 9d\vt.; Golden Treasure, lloz. lOdwt.; Koputai, 7oz. 13dwt.; South Waikaia, 7oz. ldwt. . LONDON MARKETS. The New Zealaud Loan and Mercantile Agency Company, Ltd., have received the following cablegram from their London house under date May 19: —"Wheat: Sale? have been made at 345. 6d. c.i.L, for handj Australian cargo. The market is weak with very little demand, the position be iug due to favourable crop reports. Oi the other hand, the market prospects ir India are discouraging. Oats: Marke weak, with restricted demand. Frozei meat: There is small demand for mutton The market for lamb is slightly better and beef shows increasod firmncsa."