LATE COMMERCIAL

Evening Post, Volume CVI, Issue 108, 3 November 1923, Page 9

LATE COMMERCIAL

LONDON WOOL SALES.

(UNITED PRESS ASSOCIATION. COPYRIGHT.)

(trail ED PKESS ASSOCIATION.—COPIRIGHT.I

LONDON let* November. Thero was a poor offering of merinos and f very good selection of fine crossbreds at the wool sales. Prices were firm'for all sorts, with an upward tendency. New Zealand, realisations include: Bracmar, 53! d; Bal- i clutha. lambs, 27d; Eclipse. 26d. ! At Bradford, the crossbred market is cheerful, but merinos are still stagnant rSrwidf ds sixtics> rald: flfty-sixes> lsd; LONDON SnEEPSKINS SALE. . Messrs. Dalgety and Company are advised by thoir. London office, dated Ist November, ?7-n, T s:~"T, he sheepskins sales attracted S7aO bales, and 2750 bales ivere sold. Attendance of buyers was good. American and nDßlisn buyers wore the principal operators As compared, with last sale's closlrijj rates, merino combing skins prices • unchanged • merino, short wooSed, rather cheaper; crossbred, fine, S per cent, higher; crossbred, coarse and medium, prices 5 per cent, to 10 per cent, hl.gbjg; crossbred, short woolled, 5 per cent, higher." SHEEPSKIN AND HIDE SALES. The usual sheepskin, hide, and tallow sale war held yesterday. - Sheepskins,—Competition was exceptionally keen for a/ grades. Fine and medium wools ,v% bettor by Jd to Id, eoaree wools jd per Ib. Salties were in demand, and prices were fully 3d to (id higher than. previous quotations. Hides.—Late values were firmly maintamed for well-conditioned heavyweight ox add cow, and in some cases showed a slight advance. Medium and light weights were down about Jd on last sales rates. Slippy dry, and inferior grades were difficult of sale, and sold at low rates. Calf sold exceptionally well, and showed an advance of Id to ljd. For a nice line of supers, averaging 51b, we secured 35} d. Tallow was slightly, easier. The following is the range of Sheepskins.—Half bred, 10J to 14} d; fide crossbred, Hid to 13d; medium-coarse crosobred, Ojd^to llld; short to half wools, 3{d to 12ja; lambs, 8d to 12Jd: dead and damaged crossbred, s}d to lfld; inferior and badly damaged. Id to 7Jd; pelts,. 2=d; to 7Jd; damp, salted, and green, 5s to 10s; lambs, salted, 2s 2d to ss; pelts, salted, Is «d to 2s lOd. _ Hides.—Ox, heavy, 7Clb and over, 7|d to o}d: ox, heavy, 59 to (i9lb, 7fd t o3Jd; ox. medium, .53 to sSlb, OJd to 8d; ox, light, 45 to 521b,»,4d to 7d; cut, slippy, and inferior, 2gd to 7Jd; cow, heavy, 531b and over, 4*d to ojjd; cow, medium, .15 to 521b, 4ri to Did; cow, light, 33 to 441b, 4d to 4Jd; cut, slinpy, ami inferior, ljd to'~4j»d; bull stae. Id to 2}d; yearlings, 11 to IMb, 7|d; yearlings, 17 to 321b, 3|d to 7Jd; calf, superior, up to 101b, 15} d; calf, medium-good, up to 301b, 5d to 15d; calf, damaged, up to 101b. 3d to 12; d. Tallow.—in casks, 25s to 31s flii; in' tins etc., 19s to 275. Sundries.—Horsehair, led. MEAT AND DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Company,' Ltd., has received the following cablegram from their London house under date 2nd November:— "New Zealand Frozen Meat.—Lamb, 10^1 per lb (average). Mutton, wethej- and maiden ewe. light 7Jd per lb, heavy 7*d per lb; ewe, light Od per Mb, heavy s',d per lb. Beef, ox hinds 4Jd per lb, fores 3d per Ib; cow hinds 4d per Ib, fores 2id per lb. Market slow "New Zealand Dairy Produce.—Butter, choicest salted, 186s to 188s per cwt Market . quiet. Cheese, 106s to 110s per cwt. Steadier." LONDON SHEEPSKIN MARKET. Messrs. Dalgety and Company, Limited, have to report having received the followipg cablegram from their London house, under date of 2nd November:— "The following is the range of prices real.ised at our sheepskin sale held last Thursday:—Merino, 5 to full-woolled, 17d to "odmerino, i to J woolled, 9d to 3Cd; short and shorn, Sd to lOd; crossbred, J to full-woolled fine, 14d to 19Jd; crossbred, J to full-woolled medium and coarse. BJd to 33d; crossbred, to i woolled One, 9d to ltd; crossbred } to \ woolled medium and coarse, Cd to 10*dcrossbred, short and shorn, 6d to 9d; lambs IOJd to ICJd." INDIAN LINSEED. The Department of Agriculture, ■Wellington, has received the following advice from Calcutta concerning the market for linseed-— "Linseed, 892s per ton of 22401b, November shipments; cost and freight, Sydney. The market is. steady." FROZEN MEAT MARKET. Messrs. Dalgety and Company, Limited report having received the following cablegram from their London house, under date of the Ist November:— „ ■"Lamb.—New Zealand prime crossbred lamb, Canterbury heavy 9H, light lOJd; North Island heavy 9d, light l<rd. Demand for New Ss. IS brket rUweak PrinOiPa"y °n light "Mutton.—New .Zealand prime crossbred mutton. Canterbury heavy and light not quoted; North Island heavy 7d, light 7!d. Limited demand for New Zealand mutton Farket weak.

< IJ Bee/-~ New J Zealand P"me °* b»ef hinds, 4id; fores, 3d. Demand for -New Zealand beef fair. Market steady. «" "Australian Frozen Meat.—Good averaee quality crossbred lamb, Australian heavy not quoted; light, 9d. Demand for Australian lamb, poor. Good average quality Australian orossbred mutton, heavy not quoted, *rVo 5Jd. Demand for Australian mutton poor'"

Messrs. Levin and Co. 'have to-day received the following cable from their London agents dated 2nd November:—N.Z. prime CaMerburv' lamb lufd, North Island lamb JOJd, prime Canterbury mutton 75d, North Inlond mutton 7}d, ewes Cd; N.Z. prime ox beef, hinds 4Jdfores, '3}d. These prices are ex store. Compared with last week's quotations, North Island lamb is Id cheaper, ewei and fores of beef are id dearer; hinda of beef are £d cheaper. -. QUIET BUTTER JIARKET. _, , .. LONDON, Ist November. The butter market is quiet. Danish is firm at 202s to 2OCs, but New Zealand choicest, ex Westmoreland, is only makius 180s to 190s, which Is below its fair value compared with Danish. This Is attributed .chiefly to holders of old New Zealand butter forcing the market lower > with ,-v view to ' clearinn stocks before large quantities arrive Cheese is quietly stead} 1. Stocks'of New Zealand have practically Been' cleared. Canadian is quoted at 10-13 to 108s. Messrs. Dalgety and- Company. Limited, report having received the following cablegram from their Londou house, under date of the Ist November:— "Butter.—Market weak, with, little or no demand. Tile future is difficult, to forecast. We quote Nctt- Zcalans salted, ]SBs (183s), exceptional brands 190b, Danish 202s (2025), ftuest Australian salted, now season's, ISSs (]S(is). "Cheese.—Market very weak. New Zealand coloured. 109 (110s); white, lOfis (IOSs); Canadian c.i.f. quotation, 101s IM (itMsV General opinion is that the bottom of the market has been reached." Last week's quotations ;»e given in parentheses. /• PRICES OF METALS. LONDON, Ist November .' Copper-On snot, £G0 Us ad per ton; forward delivery, £0] 3s sd. Lead, £23 and £27. Spelter, £B3 and i"J2 ]ss. Tin, £203 15s U and £205 )Ss Od. ■ liar silver, 31 15-llid per ouuee standard