COMMERCIAL

Evening Star, Issue 17720, 22 July 1921, Page 7

COMMERCIAL

CHRISTCHURCH WOOL SALE. 80 PEE. CENT. QUITTED. At Iho sistli Christchurch woe! sale 9,000 hales were offered. Tiic wool was not m such good condition rs usual, a part being seedy and a section comprising; the tail-end df the clips. There was little demand for merino, and prices were down Id to lid. Thrceqnartcr-hrcd showed a decline, and cross-bred a reduction of Id. Hair-bred was keenly competed far by the Goulmciu , and America, and values wore a shade firmer. Local mills operated sparingly. Pieces and bellies were distinctly tinner, being lid above June, values. Between 7b and 89 per cent, of the catalogue was sold. The range of prices was as follows: Merino.—Super, to Hid; medium, did to Sjtd; inferior, 6|d to Ski. Half-bred.—Super, lUcl to Hid; medium, Sin to 9id; inferior, od to B|U. Thrccquarlcr-brnd.—Super, hid to 7;Jcl; medium, 5d to Od; inferior, 33(1 to 4id. Cross-bred.—Super, 4id to Sid; medium, 31<1 to 4,1 ft; inferior. 2-fd to 2d. First pieces, 4Jd to bid; second pieces, 2;d to 4.L1; crufchings, 2d to did. READING OP MEAT. The question of grading meat was brought before the Agricultural and Pastoral Societies and Breeders’ Societies’ Conference yesterday. when tho following remit was advanced by the executive council.:—"That in order to obtain a uniform quality of meat for export tho Government should undertake The grading of meat.” Sir Francis Hoys, representing tho executive of the South island, said it was imposibol to grade meat in I lie same manner a; butter. The latter could be manufactured recording to grade, but uniformity in tho quality' of mutton and lamb could not be secured, as the climate and other conditions affected the latter. When restrictions on trade were removed tho demand for better grades would improve. It would require a large number of grades to meet tho vary : n<r condiGons. The remit was lost. LONDON WOOL SALES. Press Association—By Telegraph—Copyright. LONDON, July 20. Ai: fbo “free” wool sale a small selection of merinos sold at recent rates. A large a’’d "oofl seiFir'on of cross-hreds evoked brisker Irdding for tho Homo trade and tho Conlinent, nml prices were dhtinclly harder, esneciaiiy for medium low qualities. The “Ib'i'ii” cl in made to lid per lb, the average being 6ki per lb.—A. and K. 34. Gable.

THE TALLOW MARKET. LONDON, .Lily 20. Af tho LAW sides I 077 casks were offered and 1.861 sold, at Is to 3s advance. " F : na mutton, Us per cwi: medium, 58s. Fine beef, 445; nrdbim, 385 6d; good mixed, 535.-—A. and N.Z. Cubic. “ LONDON SHARIv MARKET, LON’DON, Only 20. ■Mount T-ycll share?. 13s feVI. V, and o.—Buy £535, sel £555.—A. and N. 73. Cable. ATJ STR A LIA N M ARK KTS. SYDNEY, July 21. O-iis.—Alsv-rian feeding, 3s 4£d; white fecdm?, 3- Li. 51">3“—Yedow ami white, 4s 6d. Potatoes — ,, '»?'«aniiin £6 fo £7 10s. Onions.—Victorian, £1 10s to £5. ADK.LAI DE, July 21. Oat?.-—Algerian. 2s 4cl to 2; 6'cL /