COMMERCIAL

Greymouth Evening Star, 11 March 1932, Page 8

COMMERCIAL

WELLINGTON WOOL SALES. quality POOR, PRICES low. [per pbess association.] WELLINGTON, March 11. The wool sale opened under the discouraging influences of numerous Withdrawals in the catalogues, and withdrawals made at the time of offering. Passings-in were monotonously frequent, but the prices offered were exceedingly low, indicating a fall of three-farthings to. one penny per pound on the last sale. The quality of the wool offered, however, is described as indifferent to poor. Typical prices realised were as follow: Fine crossbreds 33d to 4Jd, Romney 3&d to 4Jd, halfbreds to B|d, and early in the sale 9d was paid for a line of six bales. Halfbred and crossbred hoggets sold at 41d to sid; Coarse crossbreds sold very low, down to 2d, but averaged about 3&d. Lambs: Superfines made up to Bd, but usually sold at from 3d to 63d; 3Corriedale sold at 4 A to 7id; .Southdown lambs made up to 7|d; Lincoln sold at 2£d to 3£d; Merinos s£d to 7d. Bellies: Pieces Id to 2gd, crutchings Id to 2£d. These prices are typical, and not the average. Definite results cannot be known until the official range of prices is compiled at the end of the sale. The condition of the wool must also be taken into full account, and allowance muk be made for its character. STOCKS AND SHARES. AUCKLAND, March 11. Sales: Farmers’ Trading 5/3; Golden Dawn 7/-; Waihi 16/-; Bank of New Zealand 42/6; Auckland Gas 21/10i; Loan 5i per cent "(1937). £9B, Sanford’s 2/6. GERMAN SUPER TARIFF. LONDON, March 10. The new German super-tariff imposes a rate of 11.85 marks in the case of Australian apples, compared with the old rate of 2.95. WEST COAST LAMBS. Fat lambs from the West Coast, entered at the Metropolitan market at Addington on Wednesday, were not of such good quality as those forward last week. The yarding, on the whole, did not include as many good lambs as that of last week. Top pnice realised was 20/1. West Coast sales included. On account West Coast client 312 at 11/4 to 18/7d, on account another West Coast client 80 at 9/7d to 15/ld.

ROSS SALEYARDS Owing to the large entry at the opening sale at the Ross Saleyards oh Monday, it has now been decided to commence the sale at 11 o’clock. McMahon and Lee have already, secured a good entry of cattle and sheep suitable for* the butcher and grazier. All stock purchased will be put on the trucks free of charge. ROTOMANU STOCK SALE. The National Mortgage Co. report having held a successful stock sale at Rotomanu yesterday, when an entry of 150 head of cattle and 300 sheep were submitted before a good attendance of purchasers. Buyers from all parts of the district, including Lower Kokatahi, Ikamatua and Wainihinihi, attended the sale, with the result that practically the whole of the entry changed hands at satisfactory prices. Two trucks of good two-tooth Romney breeding ewes realised from 14/to 14/6, and 5 truck of extra prime fat lambs from 12/6 to 14/-, the purchaser of these lines being Mr. W. F. Diedrichs. Full-mouth breeding ewes, suitable for either butchers’ or graziers’ requirements, fetched from 8/6 to 10/- apiece. In section, a line of fat and forward Hereford • steers, ranging from 2to 3J-years-old, realised £6 5s per head. Lines of 18-month steers sold from 35/- to 45/-, according to colour and condition; mixed sex Hereford weaners 18/6 each. Fat heifers fetched from £3 10s to £4 5s apiece; fat cows, from £2 to £4 ss; store cows and heifers from £l-to £2 5s each. A lino of ten small store pigs realised 10/- apiece.