FARM & COMMERCIAL

Dominion, Volume 21, Issue 87, 11 January 1928, Page 12

FARM & COMMERCIAL

NEWS AND NOTES

AUCTION SALES TO-DAY. Ohakune, 1.30 a.m.—On account Supreme Court, sale of land (People's Auc- . tioueering Co.). ’ Solway (near Masterton).—Wairarapa ■ stud sheep sales (Wright, Stephenson, and Co.). Roxton, 1 p.m.—Clearing sale (C. K. Woodroofe). Watt Motor Co.’s Garage, Palmerston North, noon.—Dispersal sale of new and second-hand motor cars, etc. (Mounsey and Co.). Johnsonville, 12.30 p.m. —Fat stock sale. Wanganui, noon.—Stock sale (Freeman It. Jackson and C 0... Ltd.). 24 Beach Street, Island Bay, 10.30 a.m.— Sale of household furniture, etc. (19. Johnston and Co.). TO-MORROW. Courthouse, Taumarunui, 2.30 p.m.—Sale of property (District Lands and Survey). Solway, Masterton, 10.30 a.m.—Annual stud and flock ram sale (Wairarapa Stud Sheep Breeders). Otaki sale. FRIDAY. 151 Featherston Street, 11 a.m. —Sale of two acres land, corner Elizabeth and Brougham Streets (J.- H. Bethune and Co.).

FARMING INTERESTS

STUDY OF WOOL QUALITY GRANT BY EMPIRE MARKETING BOARD. Rugby, January 9. The Empire Marketing Board has notified the British Research Association for woollen and worsted industries of a capital grant of £7OOO. and a maintenance grant of £2OOO yearly for the study of wool quality. It is desired to promote closer relationship between sheep breeders throughout the Empire and woollen and worsted manufacturers in Britair .— British Official Wireless. NEW SOUTH WALES WHEAT HARVEST Sydney, January 10. The latest official returns show that ' wheat harvesting is largely completed. The crop was gathered mostly under favourable conditions, and the yields on the whole were better than had been an-

PRODUCE MARKETS POTATOES IN SHORT SUPPLY AT AUCKLAND Dominion Special Service. Auckland, January 10 The potato market has changed for the worse since the last report, and there is now a grave danger of a shortage in supplies. As a result of the Pukekohe crop being short, the southern cron is being quoted for April-June delivery at £5 to £5 ss. per ton. There are' still supplies of Australian onions on the market, and these are gradually being supplemented by locally grown. The maize market is very firm owing to scarcity of supplies. There has been no change in rhe oat market locally, and prices remain as they were before the holidays. It is reported that inquiries have been received from Australia for new season's southern oats. If this results in business next season’s values may be affected. Chaff is short at the moment. New season’s is offering from Marton at £6 15s. per ton on trucks, but merchants prefer southern old season’s for a few weeks yet. Wheat is scarce on the spot, duo to delay in the arrival of supplies from victoria. These wore expected this week, but will not arrive until January 19. Merchants have sought to cover the position by bringing supplies from Sydney on the Maunganui. due next Tuesday. There are no changes in the prices of bran and pollard, but both are in keen demand, particularly bran, which is needed for dairy cows in the dry districts. Wholesale current prices are:—Sharps and bran: Local sharps, £8 ss. per tonbran. £5 15s. per ton; oat and pollard, £8 10s. per ton. Grain: New Zealand oats, feed B Gartons, 4s. 4d.. A’s 4s. 7d. per bushel Wheat, New Zealand and Australian, 9s. Maize ex store, 6s. 9d. to 75.: ■ex wharf, ss. lOd. to 6s. per bushel. Barley feed, ss. 9d. per bushel: Cape, seed. 7s. 6d. per bushel. Maizemeal, 15s 6d per ICOlb. Barley meal, 13s. per 1001 b. Chaff, Blenheim good bright oaten sheaf. £9 10s per ton; ex store. Canterbury £9 10s Potatoes, table, new. £ll 15s. to £l2 ’ex store. Onions, Canadian, in bags 14s. ’6d in cases 15s. 9d.; Victorian, 10s. 6d. per cwt. v CANTERBURY WAITING FOR NEW CROPS By Telegraph.—press Association. Christchurch. January 10. There is little life in the grain and produce trade, merchants apparently waiting until the new crop is nearer the delivery stage. Peas have slackened a little further in price, and there was seme business to-day at 6b. 9d. f.o.b. 8.1. Wheat is firm, though buyers are few. Tuscan is quoted at ss. Bd. on trucks, or the equivalent of ss. lid. f.o.b. S.I. The improved sunshine of tlie Inst week or so is increasing the yield prospects Oats are unchanged on previous quotations. A few early crops near the citv where the plantations harbour the small birds have been cut. Generally the straw growth has been heavy, but the crops have not filled very well. The storm of New Year week has laid a good deal of heavy crop. Cocksfoot is firm at IHd. for standard seed. The new season’s harvest on the Peninsula is expected to be fully up to the average, and cutting will probably commence in a week or ten days. LONDON DAIRY PRODUCE MARKET Messrs. A. If. Turnbull and Company arc in receint of a cablegram from their principals, Messrs. W. Weddel and Co.. Ltd., dated London. January 5. as follows (last week’s quotations in parentheses) Danish butter, 182 s. to 184 s. (182 s. to 184 s.); New Zealand unsalted, 1645. to 168 s. (1665. to 170ic): New Zealand salted. 160 s. to 1645. (14Js. to 1645.).; market ouiet. Cheese, white and coloured, 935. to’ 945. (91s. to 945.); market quiet. Canadian cheese, white, 102 s. to 104 s. (100 s. to 104 s.); Canadian cheese, coloured, 100 s. to 104 s. (100 s. to 1045.). Messrs. Joseph Nathan and Co.. Ltd., have received the following cablegram from their London office, dated January 9:-r*New Zealand butter., 158 s. per cwt.; New Zealand cheese, 82s. per cwt. MARKETING OF CEREAL FORMATION OF WHEAT POOL? Dominion Special Service.. Christchurch, January 10. After an address on marketing of farm produce in other countries by Mr. J. E. Strachan, president of tho Canterbury Progress League, who has recently returned from a trip to America, a meeting of North Canterbury farmers, at Rangiora, decided that the time had come for the formation of a wheat pool in Canterbury for the marketing of the cereals, and those present as a representative gathering of farmers, wore prepared to support the organisation of such a pool. Although none voted against the motion,- a number of those present were of opinion that further information should bo obtained before anything definite was done. WOOL MARKET STRONG COMPETITION AT SYDNEY SALES. Sydney, January io. The wool sales were resumed under very strong competition, and the market rule’d about 5 per cent, over the- opening rates of the previous week. All descriptions shared in the demand, and very full and satisfactory clearances were made. Greasy merino sold up to 34(d. per lb. LONDON SALES. Messrs. Dalgety and Co., Ltd., report having received the following cablegram from their London house, under date January 9:—List of arrivals for the next wool sales, opening on January 17, will be closed 4 p.m. Thursday. January 12. Closing date has been postponed owing to small arrivals. Quantities available will be cabled later. FIRM TONE AT BRADFORD. London, January 9. The tone of the Bradford market is firm, tending upward, with fair business passing. DAIRY PRODUCE MARKET Amalgamated Dairies report having received tho following cabled advice from their London office, dated January 7:— Butter. Anchor, 1645.; first grade, 160 s. to 1625., nominal; unsalted, 1685.; market unchanged. Danish. 182 s. spot, 1735. f.o.b. Deliveries New Zealand thia week, 2093 tons; in store. 2044 tons. Stocks ajl butters public stores. January 1. 6500 tons, lietail. New Zealand Ih. 7d.. Danish Is. lOd Cheese. White and coloured. 935. to 945.; market unchanged. Stocks public stores, January 1: Canadian,. 111,500 boxes; New Zealand, 54,300 crates. Total approximately same as 1927. Canadian. 100 s.. retail