WOOL MARKET FIRM

Dominion, Volume 27, Issue 36, 6 November 1933, Page 12

WOOL MARKET FIRM

Sydney Realisations Increase UPWARD TREND IN PRICES By Telegraph.—Press Assn. —Copyright. Sydney. November 4. According to the weekly wool letter of the “Sydney Morning Herald,” 333,000 bales have been sold in the Sydney market from July 1 to October 31. This wool realised £5,916,324, which exceeds the corresponding period of last season by £2.042.106. Values at this week’s Sydney auctions reflected the upward trend of prices at Brisbane and in other Australian selling centres. Yorkshire and Japan were the most active operators, and French and German competition was stronger than usual. The catalogues were the most attractive submitted since the sales began .two months ago, being of a free, fine, bright, and soft-handling character with high yielding types. Of the 50.604 bales offered, 9b per cent, were sold at auction. The advanced cost, of the raw material has influenced prices tor tops in an upward direction in Bradford, and the turnover has displayed improvement, while the trade in semi-manufactures has responded to increased prices much more readily this season than in former years. LIVE STOCK MARKET Gisborne Sale Dominion Special Service. Gisborne, November 4. At the Gisborne stock sale, few fat sheep came forward owing to an exceptionally favourable spring giving an abundance of grass, and there was an advance in prices. Ewes made 13/2 to 15/4; shorn, 11/3 to 12/-; wethers, 16/6; second grade ewes, woolly, 11/- to 12/7; shorn, 10/1. Stores show an improving tendency. Ewes, with fairly good lambs, one counted, 23/3; with newly arrived lambs, 17/4 to 18/-; dry ewes, fairly good, 11/- to 11/1; medium, 9/-; woolly hoggets, 15/10 to 16/-; shorn Downs, 12/6; 4-tooth ewes, fat shorn, were passed at 15/-; old dry ewes, shorn, medium, 9/-. Fat cows to £3; heifers, 65/-. Fordell Sale At their Fordell sale on Thursday the N.Z. Loan and Mercantile Agency Co., Ltd., offered another yarding of good. welLbred cattle and a small yarding of hoggets and a few fat sheep. Cattle maintained their value and a total clearance was effected under the hammer. The hoggets did not meet the demand vendors expected under the hammer, but were all sold Inter by private treaty. Prices were: —2-year P.A. heifers, £3/5/- to £3 17/-; 3-year Hereford-P.A. heifers, E‘> to £3/16/-; M.T., Hereford, P.A., and good Shorthorn cows, £3/1/- to £3/7/-; bullocks, £4; fat cows, £3/18/- to £4/5/-; Hereford and P.A. cows in calf, £3/15/-; 2-year Hereford steers, £2/16/-; ewe hoggets, 16/3 to 20/6; wether hoggets, 14/3 to 20/6; wethers, 15/- to 20/-; fat ewes, 13/-; fat hoggets, 19/-. Martinborough Cattle Fair Dominion Special Service. Martinborougli, November 3. Prices in advance of vendors’ expectations were realised by Wright, Stephenson and Co., Ltd., at their annual cattle fair at Martinborough yesterday. The bulk of the entries consisted of grown cattle, the majority of which were well bred and in good condition. Bidding was free throughout., and practically a total clearance was effected as follows: — Account XV. J. Martin, 16 fat cows. £3 15/-; 46 fat forward cows, £3/3/-; threeyear steers. £4/6/-; account Hon. A. D. McLeod, 33 three-year bullocks, £5; three-year steers, £4/15/-; account HSpooner,fl 5 fat bullocks, £6/16/-; 18 four-year bullocks. £5/2/-; account JMartin, 4 fat P.A. heifers, £4/4/-; 4 Jersey heifers, £3/4/-; account G. XX r . B. Hardy, 3 fat cows. £3; account E. T. Fuller, fat heifers, £4/9/-; yearling steers, £2/3/-; account T. A. Dollar. 5 P.A. heifers (fat), £4/6/-; account G. Gilbert, 2 fat cows. £3/15/-; 22 bullocks, £4/4/-; account P. F. Broderriek, fat cows, £3 5/-; account XV. H. Speedy, three-year steers, £4; account Raynor and Thomas, three-year steers, £4/7/-; account F. E. Perry, three-year steers, £4; empty cows, £2; account S. J. Oates, 44 three-year P.A. steers, £4/16/-; account J. Coope Estate, £2/4/-. ENGLISH WHEAT MARKETS Price-fixing Probability By Telegraph.—Press Assn.—copyright. (Received November 5, 6.30 p.m.). London, November 4. Wheat cargoes to-day were steady, following reports ol) a probability of fixing minimum prices. XVorld shipments are small, with the quantity afloat slightly reduced. Parcels were steady, Australians and Europeans maintaining late rates. Futures: London, December. 20/1 per quarter; February. 20/4; April, 20/10. Liverpool, December, 4/7-1 per .cental; March, 4/10 3-8; May, 4/117-8. London Hides Market Dull (Received November 5, 6.30 p.m.) London, November 4. Prices of hides in the London market to-day are as follow, those of a month ago being shown in parentheses:—Meatworks, dry, salted: Queensland, 351 b. to 451 b„ 6d. (6 3-Bd.) : 391 b. to 101 b„ 6d. (6 3-8 d.); 251 b. to 351 b., 6d. (6,]d.) ; 201 b. to 301 b., 6d. (Gjd.). New South XVaies, 351 b. to 451 b., 6Jd. (61d.); 3(Mb. to 40)b., Old. (6|d.) ; 251 b. to 301 b.. OJd. (6 5-Bd.) ; 201 b. to 301 b„ 6Jd. (6 5-8(1.).) XVet —Salted, Queensland. 501 b. to 601 b., 4 3-8(1. (4 5-Bd.) ; 401 b. to 501 b., 4Jd. (4 5-8d.3. New South XVaies, 501 b. to 601 b., 4 7-Sd. (5 l-Bd.) ; 401 b. to 501 b., 4 7-Sd. (5 l-Bd.) X’ictoriau abbatoirs, 5011). to 601 b., 4!|d. (5d.) : 401 b. to 501 b.. 45d. (5d.). AUCTION DIARY TO-DAY. Spring Cattle Fair. Masterton. 12 noon. Johnsonville store stock aud dairy sale, 1 p.m. (XX*., S., and Co.). Shannon Sale (A. & W„ Ltd.). 7G Ghitznco St., 1. p.in.—Furniture (Lambton Auction Rooms). TO-MORROW. Levin Snloyards, 11 a.m.—Otaki Freehold property (A. W.. Ltd.). WEDNESDAY. W.F.C.A.. Ltd., yards, Mastertmi. 2 p in.— (’iciiring sale farm implements (Dalgety and t’o.). Johnsonville tat stock sale. 1 p.m. (W.. S.. and Co.). 8 Wiliest on Street, 1 p.m.—Motor tires and tubes (E. Johnston).