LAMBING RETURNS

Dominion, Volume 30, Issue 45, 17 November 1936, Page 12

LAMBING RETURNS

North Island Percentage HIGHEST SINCE 1933 The estimated percentage of lambs for the current year for the North Island is 90.50, which, with (lie exception of the 91.23 per cent, in 1933, is thn highest for six years". The Director-General of Agriculture announced yesterday that the total number of breeding ewes in the North Island is 10,300,526, and the estimated number of lambs this year is 9,322,476, giving a percentage of 90.50. The figures for the North Island sheep districts are as follows: —

Auckland Gisborne.

The North Island figures for the last six years compare as follows: —

The figures for the South Island arc not yet available. LONDON MARKETS Tallow, Hemp and Eggs The Department of Agriculture has received the following cablegram, dated November 14, from the High Commissioner for New Zealand, London : — Tallow: Spot market quiet. Quotations generally 6d. dearer. Hemp—Manila: Market firm; prices have advanced. “K” grade for Decem-ber-February shipment, sold at £2B/15/-. Stocks in London on November 1, 7940 bales, against 5847 at the same time last year. Sisal: Market quiet and easier. November-January shipments sold down to £26/5/-. January-March shipments quoted sellers £26/15/-. New Zealand: No change to report owing to lack of offers. Stocks in London at November 1, 81 tons, against 28 tons nt the same time last year. ' Eggs: Market quiet and easier, demand slow. English, national pack, 17/6 Io 22/6: ordinary pack. 18/- to 19/9; Danish, 141 b. to 171 b., per long hundred, 13/6 to 17/-: Australian, 11/9 to 13/9. LONDON WOOL SALES Unusual Interest Shown

By Telegraph—Press Assn.—Copyright. London, November 15. The “Yorkshire Observer’’ reports that unusual interest is anticipated in the. London wool sales on Tuesday next owing to the position of the raw material markets in overseas centres, and to the predicament in which many Bradford wool merchants find themselves. A keen demand is therefore expected from Home buyers. Wool stocks in Yorkshire at the present time, are reported to he at their lowest level, necessitating the Australian new clip of merinos to be. immediately absorbed to meet the existing pressing demand for tops. A lively demand for crossbreds is also expected, owing to Bradford’s enormous consumption. Moreover, good Continental competition is also expected at the London sales. AUSTRALIAN WOOL PRICES Highest Average Since 1928 The average price realised for wool sold in October this year was £l7/15/8 a bale, or 14.05 d. per lb.—the highest average for October since 1928. These statistics have been issued by the National Council of Wool-selling Brokers of Australia in a review which shows that for the first four months of the 1936-37 wool season, 1,762,911 bales were received into brokers’ stores. These comprised 1,741.916 bales of first-hand wools, and 20,995 bales received for resale. Sales for the period amounted to £715.094 bales, which realised £12,509,083/6/1. This quantity comprised 680.986 bales of greasy wool, which realised £11,799,609/9/7, with an average of £l7/6/1 a bale, or 13.35 d. per lb., and 34,108 bales of scoured wool, which realised £709,473/16/6 for an average of £2O/16/- a bale, or 21.42 d. per lb. The average prices realised for greasy wool for the period July 1 to October 31 in the last five seasons are shown in the following table:—

BRITAIN’S OVERSEAS TRADE Increases in October (British Official Wireless.) London, November 15. The Board of Trade returns of overseas trade for October are as follows: — Imports. £80.539.176, as compared with £71.891,528 in September, and £73.374,837 in October last year. Exports. £41,764.413, as against £36.950.737 in September, and £39,864,711 in October hist year. Re-exports. £4,470,139, against £3.854,666 in September, and £4,732,416 in October last yeftr. Associated Motorists’ Petrol A variation of preferense shareholders’ rights is proposed by the directors of (lie Associated Motorists' Petrol Co., Ltd. A postal ballot of preference shareholders is being taken upon a proposal to increase the preference dividend to 10 per cent, in lieu of the present rights to the purchase of petrol at cost price. The average of preference dividends paid oyer the last three years is 8 per cent. Under the memorandum of association. preference shareholders are entiileil to purchase from the company 30 gallons of petrol for each £1 preference share held by them nt a price based on actual cost to the company, including overhead expenses, plus 4}d. a gallon distribution costs. Coupons were issued to each shareholder covering the amount of petrol to which he was entitled. The company states that petrol had been reduced so low as to render the coupons unnecessary and in addition the price has been fixed by legislation, which is likely to be generally applied. If tlie proposal is carried, it will be submitted to ordinary shareholders, as it affects their rights. The company states that it is not anticipated that there will be any opposition from ordinary shareholders

Estimated Estimated Breeding p.c. of No. o£ District. ewes. of lambs. lambs. Auckland 2.100.123 87.01 1,898,404 GisborneHawke’s Bay •1.120.839 80.27 3.084,057 Wellington ... -1,007,504 03.33 3,740,315 North Island 10,300,820 90.50 9,322,470

Estimated Actual No. of average No. of breeding p.c. of lambs i' ewes. lambing. tailed. 1936 .. 10,300,826 90,50 *9.322,476 1035 .. 9,697,231 83.68 <8.500,075 1934 9.524,065 8S.70 8,555,477 1933 .. 9,318,943 91.23 8.385,569 1932 9.170,996 89.16 7.988,569 1931 .. 9,247.005 86.49 "Estimated, 7.813,887

.1 illy 1 to Bales Average Price a bale, per lb. Oct. 31. sold. £ s. <1. cL 1932 .. . . 704,765 1111 0 8.63 1933 .. .. 757,142 171210 13.44 1934 .. *. 565,934 12 811 9.32 1935 .. ,. 718,894 16 6 3 12.58 1936 .. .. 680,9S6 17 6 7 13.35