COMMERCIAL

Greymouth Evening Star, 4 December 1929, Page 8

COMMERCIAL

GRAIN AND PRODUCE. (Per Press Association.) . CHRISTCHURCH, December 3. A few potatoes went North by last week’s boats, but the season is over. The total shipped from Lyttelton for the season aggregates 334,329 sacks.the various destinations being Auckland 123,414 sacks, Wellington 96,653, Napier-Gisborne 29,061, West Coast, North Island, 76,937, and West Coast, South Island, 8264. A considerable amount of business has been done in next seasons crops, with farmer®, at £3 15/- to £4 a ton on trucks for whites, and £4 for Dakotas. The f.o.b.s.i. figure of sales made to the North is £5 to £5 5/-. The rains of the last ten days have been of inestimable benefit to the young crop. The general impression is that the area in tubers is larger than usual, but. a reliable guide in this connection is difficult to obtain. There is no difference in cereal quotritions. Wheat prospects have been proved by the splendid rains and oats have also benefited, but not to the same extent. Quotations show no change in either case. Chaff is still in strong demand and prices are hardening. Sales have been made at £7 12/6 a ton f.0.b.5.i., or £5 17/6 on trucks. STOCKS AND .SHARES. DUNEDIN, December 4. Sale reported: Huddart Parker 42/3. isbSt WELLINGTON, December 4. Reported sale: 4g cent inscribed stock 1938 £lOO. AUCKLAND, December 4.

Sales: Renown Collieries new issue 3/, Farmers’ Fertiliser 22/6, Commercial Bank 25/lOi, Union Bank £l3/16/, Reported: National Insurance 15/6, Farmers’ Trading 9/, Auckland Gas 25/2, Mt. Lyell 40/3. LONDON WOOL SALES. LONDON, December 3. At the wool sales .10,718 bales were offered, of which 3,832 were from New Zealand. There was a moderate selection of greasy merinos—a large miscellaneous offering of scoured merinos and a better supply of greasy crossbreds. All sections were operating well at late rates. New Zealand greasy crossbred Waipaoa 16gd and ARAHURA STOCK SALE.

Yesterday’s fixture at the Arahura yards was attended by a large gathering of butchers. The yarding was in excess of the last two sales, but nevertheless competition was brisk throughout the fixture. The quality of the yarding was good and prices must be considered excellent for this period of the year. Prime heavy bullocks made from 42/- to 46/- per hundred medium weights to 48/-, extra prime heifers to 47/6. Cow beef from 37/- to 41/6. A small entry of fat sheep from Canterbury sold up to late rates. W. Jeffries and Co’s entry of 81 cattle sold as follow®: —For J. Condon and sons, 2 bullocks at £l9 10/-, 3 do. at £l9, 2 do. at £l7 17/6, 1 do. at £l7 7/6, 1 do. at £l9, 1 heifer at £l6 12/6, 3 do. £l4 15/-, 6 do. at £l5 5/-. 2 do. at £l5 2/6, 2 do. at £l4 15/-, 2 do. at £l5, 4 do. at £l4 15/-, 2 do. at £l5 5/-, 2 do. at £l5 5/-, 2 do. at £l4 17/6, 2 do. at £l4 15/-, 1 do. at £l5 10/-, 2 do. £l5 12/6, 1 cow at £l5 10/-. For J. Mulvaney 1 blk at £l7 12/6, 1 do. at £l7, 2 do. at £l5 15/-, 2 do at £l5 2/6, 2 do. at £l4 15/-, 3 do. at £l2 15/-, 2 do. at £l3 15/-, 2 heifers at £l2'7/6, 2 do at £l2 5/-, 1 cow at £l5. For J. Davidson: 1 blk at £l7 7/6, 2 do. at £l3 15/-, 2 do. at £l5 2/6, 3 do. at £l3 15/-, 1 do. at £l5 15/-, 4 do at £ll 12/6, 4 do. at £ll 15/-, 4 stores at £9. For A Cederman 11 store steers ar £lO 6/6. For A Baillie 31 fat wethers at 29/6, 25 do. at 29/3, 12 do at 27/9.

CHRISTCHURCH WOOL SALE. Dalgety and Co., Ltd:, Christchurch, report on the wool sale held on Saturday, November 30: — The first Christchurch sale of the season was held to-day when catalogues totalling 15,199 bales, were submitted. There was a large attendance of buyers representing all the main wool interests. The wool opened up in good condition, being generally sound and fairly light in condition. A fair amount of dust and discolouration, however, was noticeable in many of the clips owing to the dry spring and the hoggets were rather less well grown than usual and inclined to be thin in the staple. A good deal of interest attached to this sale, as it was the first offering of fine wools of any size held in the Dominion this season. Although recent reports from London have had a more cheerful tone, there has not been any great appreciation in values there from the very low rates ruling in the September series. Pricesfor half-bred wools sold to-day can be quoted distinctly dearer than London parity and competition was more spirited and general than had been anticipated. Average conditioned wools, hoavever, appear reasonable as compared with varieties,, and many quite good lots were only bringing from 12d to 13d. Super light conditioned halfbreds, especially deep grown hoggets, met with spirited competition from an American representative and Dawson and Co., who were supposed to be buying for Russia, but may also have been acting for America. These lots, in some cases, realised extreme values as compared with other sorts, and up to 182 d was paid during the day. Three-quarter-bred and cross bred wools sold freely, and taking condition into account prices for these appear to be oh a pai’ with recent North Island sales. Pieces and bellies most went to French representatives at fair values though no fancy prices were paid, and they also competed well for suitable fleece wools. Bradford buyers were a little spasmodic, but several of their buyers made fair purchases. Growers met the market well, and about 90 per cent of the offering was sold at auction. We ourselves offered an attractive catalogue of 3,500 bales and, although we sold last, we made a very good clearance with prices oh a parity with earlier catalogues.

- The following is the official range of prices:—Merino—Super 13d to 131 d, average lid t0.123d, inferior 9£d to 10|d. Corriedale—Extra. super to 183 d, super 13id to 15d, average ,12d to 13d, inferior lOd to Hid. Fine halfbred—Extra super to 18|d, super 135 d to 15d, average 12d to 13d, inferior 16d to llld. Medium halfbred—Extra super to 17id, super 13d to 14|d, average Hid to 12id, inferior 9d to lid.. Coarse half-bred—Extra super to 141 d,

super 12Jd to 131 d, average lid to 12d', inferior 9d to 10|d. Fine Crossbred— Super llld to 12Jd, average 10id to lljd, inferior 9d to lOd. Medium Crossbred—Super 103 d to ll|d, average lOd to 10id, inferior 8d to 9d. Coarse crossbred—Super none offering, average lOd to lOid, inferior 8d to 9d. Belies and Pieces—Merino medium to good 9d to lid, low to medium '7d to »sd. Belies and Pieces—Crossbred medium to good 8d to lOd, low to medium Gd to 7id. Pieces—Half bred good to super 10id to 13d, low to medium Gid to fid. Bellies—Halfbred good to super 9d to lOd, low to medium 7d to B|d. Crutchihgs—Medium to good 7d to 9d, inferior and seedy 4d to 6d. Locks—Merino 5d to 7d, half bred 4id to sid, crossbred 4d to s|d.