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COMMERCIAL.

HOME MARKETS. Tress Association—By Telegraph—Copyright. LONDON, January 6. (Received January 7. at 9 a.m.) At the tallow sales 1,841 casks were offered and 1,700 sold. Prices : Mutton — : Fine 3Ss 3d, medium 32s 6d ; beef—fine I 38s, medium 31s. TIMARU WOOL SALE. At the woo! sale at Timaru yesterday (the second of the season) 13.370 bales Mere offered and 12,940 were sold. There was a full muster of buyers. Most of the wool was somewhat heavier than at the first sale owing to the dry winds, but the majority of the clips were well grown. Competition was keen. Compared with the first sale superfine was a shade easier, but intermediate and low-grade erossbreds ranged p.ir to Ad higher. The bulk of the catalogue consisted of half, threequarter, and cross-breds. and there was very little merino. Locks, etc., sold well, but irregularly. A P.A. message states that at a meeting of 70 shareholders in the T.iihape Freezing Works, held yesterday, it was reported that 7.540 £5 shares had oecn subscribed. This is 340 in excess of tl.v number required to enable tenders to be called for the erection of works. \ •'•te of 82 acres has ben purchased at Wiuiesii. It was unanimously decidixl to 'all f r tenders for the erection of works, whi'-L are expected to be in operation j'<>,-„ sea son. Mr N. G. Griffle. secretary of the Hanrlt-ou branch of the Ncv.- Zealand Farmers' Union, was interviewed at Christchurch in regard to the dleged shortage of .steamer space for frozen nuat cargoes. He confirmed what has already been said of the serious position of the meat trade, especially relating o. the Auckland province, with the stockraisers of which he is in very close toucli. He said that he- need only quote >ne to prove* what had been sa-'d abou". the space difficulty. On behalf of clients he had 1,000 head of cattle waiting to be frozen, but there was no prospect of their being dealt with owing; to the lack of shipping space, and the result was that- they were spoiling. Some of these, cattle had been ready since November, yet thoy could not be dealt with. He had he-en most disappointed with the way those in authority had dealt with tho matter, especially as he. himself had brought ihe difficulty under their notice quite, earl,- enough for action to have been token. Ho had n*ard commercial men in high posi'icns say that Mr Massoy's repeated stat- 1 uents in the House, that there was plenty of space i-p till the end of January were ch'ldish. and they had also expressed tho wish that Mr Masscy would refer to thorn and to others who knew something about the matter.

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https://paperspast.natlib.govt.nz/newspapers/ESD19150107.2.47

Bibliographic details

COMMERCIAL., Issue 15694, 7 January 1915

Word Count
451

COMMERCIAL. Issue 15694, 7 January 1915

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