WELLINGTON WOOL SALE

Dominion, Volume 28, Issue 119, 13 February 1935, Page 12

WELLINGTON WOOL SALE

Third Oifering To-day The third Wellington wool sale of the season will be held to-day in the Town Hall, starting at 9 a.m. A total of 27,687 bales is catalogued. It is no-t expected that the market will show much change compared with the January sale at Wellington. Fine wools may be slightly firmer and coarse to low crossbreds a shade easier. The offerings of brokers in order of sale are as follow: —

BRAN AND POLLARD Strong Demand in Auckland Dominion Special ’"‘Service. Auckland, February 12. The special demand for milling ofl’als consequent upon the long spell of dry, hot weather has depleted local stocks and millers as well as merchants are having to supplement supplies with Australian pollard and southern bran. Pollard is virtually unobtainable from the eouth, but so far there is no difficulty in obtaining bran from the Canterbury mills.. The Australian market is a little firmer, but the price has not advanced sufficiently to interfere with business from this end. There is a fair demand for horse feed, 'with no change in quotations either for B Gartons or oaten sheaf chaff. The market for fowl wheat continues firm and local prices are moving upward. At presen the wholesale rate for grade# lilies is 5/6 to 5/8 a bushel. The Australian barley market has advanced, still further restricting business in that line. With a general shortage of local potatoc.s merchants have been importing from the Manawatu district, but the quality from that source is mixed and numerous rejections have been made. Local onions are still selling at about 12/6 a cental, but Canterbury-grown are now beginning to arrive and are available nt sligtly 1 at slightly lower prices. Base Metals Market By Telegraph.—Press Assn. —Copyright. (Received February 12, 9 p.m.) .London, February 11. The official London (middle) quotations for Monday, as reported by the Australian Mines amt Metals Association, compare as under with those previously cabled:—

Butter Firm at 93/-

.Joseph Nathan and Company, Ltd have received from their principals Trengrouse and Nathan, Ltd., London, the following cabled advice, dated February 11: —New Zealand butter, 93/- y,.,v Zealand cheese. 49/-. Both markets firm. Big River Report Big River Gold Mines, Limited, report for week ending February 7;—No. 4 north drive: No stone yet in face. Beef •track promising. Stopes looking well. Stone 5 feet 6 inches. Rise 43 feet from floor of level. A full face of stone. No. 4 south drive: Advanced 6 feet. Footwall leader giving off water, a good sign of (lie near proximity of an orc-body. Stope 8 feet wide. Main shaft: This work is progressing satisfactorily. Battery: Crushing commenced Wednesday. The . aerial wheel not yet fo hand.

Bales. Abraham and Williams and Wright, Stephenson 3,811 Dalgety and Co 5,278 Murray. Roberts and Johnston and Co 3.167 Levin and Co 6,-152 New Zealand Loan and Mercantile Agency Co 3,870 N.Z. Farmers’ Co-op. Distributing Co 4,009 Wairarapa Farmers' Co-op. Association 1,100 Tolal 27,687

Feb. 8. Per ton. Feb. 11. Per ton Copper— C , (| £ s d. Standard .. 27 1 101 27 8 9 Standard, forward '.7 0 1(1.1 27 13 11 Electrolytic .. ,30 0 0 30 10 0 to 30 10 0 30 15 t) W ire bars Lead- .. 30 10 0 30 15 0 Spot 10 2 li 10 7 fi Forward .. 10 7 (1 10 11 3 Spelter - Spot .. 11 10 3 12 0 0 Forward .. 12 0 0 12 3 <1 Tin•Spot .. 232 10 3 230 10 0 Forward .. 228 12 li ‘227 11 0 Silver— Standard, per ox. Fine . 24 7-lfid. .. 2G3-Sd. 24 7-10d. 20 3-S<|. ♦American, 50.,5!) cents a lb.