COMMERCIAL

Greymouth Evening Star, 13 March 1937, Page 8

COMMERCIAL

CHRISTCHURCH WOOL SALE RANGE OF PRICES [PER PRESS ASSOCIATION.] CHRISTCHURCH, March 12. Easily the mogt"Shtisfactory wool sale of ..the Christchurch season was the third., auction held - ■ all 26,234 bales were offered. , P ’ lC ® S , round were fully a.penny iughe! than they were at the February, sale when is taken into eon^ IG l^ and the demapd was more widely and evenly .distributed. Eyery class of wool found. a.reaily was animated and sustained and pass inss-were;.-less than 1 pei cent, rne offering was typical of the third sale, andUiicluded a good quantity of mei ino and back country half bred clips, as-wb'll as a’’fair -weight, ’of Cl ® from late shorn Pejnlhsula clips and from the West Coast. -The vool vas pot-in such good order as that at—the-earlier sales, the bad weathei having left its mark in - a ceitani amount of yolk stain. However, tliere was big”quantity- of-useful wool, though only odd lots of really grade. Fine wools' showed an easily bf 'frbrii ?.d ti) Id. per- lb., on the l ebriiaiy. date to-day. Fine|li i ftti'y u "and i '’b ( qaTser -Types- wore troin Id to litl deurc-r. i '-.. /’‘ : ''.Cbmiiared With;the second sale, the rarig'e Of prices, was:— - 'Merino, extra super, February 1. to Mdrch 12,'— to .^d; 'super 19d to '2bd-i9d to -2QMI; mediuip 17d to J lS]d—l7’d td 19§d; inferior 11>d to 161d—14d to 17d. . Corriedale: Super 201 d to -4d to 223 d; medium TSS'd to 20d 19d to 21d; fin^,. inferior 16d to 18d IGid to • B Hurfbred: Extra super to 2 5 Sd—to 241d‘ Super 2Hd to .24d —22d [o ni&m l i9d t-6 2id-i9id t-d-am; hlfeiWT’sd to"lBld—ls|d to 19 4 d. : Medium.halfbred: Super 19d to —192<1 'to medium 16d to —iGSd t0.19»d; interior ‘ 13d to 151d—--I.W to. 161x1’.,;. / ’ t ■'Extra'fine crossbred: Super lG 4 d to 19d—171d to 20'd; medium 15d to IGJd —l6d'to inferior 12£d to 14Jd— l!s§d. Fine crossbred: Super 15:3d to md—l6Jd.tQ.lBld; medium 141 d to . 15Jd—155d to 16Jd.; inferior ,131 d to' ltd—l3ld to 15d. Medium crossbred: Super. 165 d to 171 d 18d; ipediutri 14ja to ij6d—;lsld tq 17id;, inferior 13(1 to 14d—14d to Pieces: Super 18d 'to. 23d—19d .tp 20|d; .good 141 d to 17Jd—15d to 181 d; medium. l'2d 'to 't'p 143 d; infefidr;9d tb.llSd —9Jd 'to' 121 d. . Bellies: Good to super 14Wd to 19d—to 19d; inferior to medium 9Jd to 14d —lOd to 15id. Locks: Good tp super 93d to lUd—lOd to lUd; inferior to medium 7d to 91d—8d to 93d. GRAIN AND PRODUCE CHRISXGHURCH, March 12. : There fs'little Change to record in the local grain and produce markets, which continue largely .inactive, the Unseasonable weather having put a damper oh trade, particularly for small seeds. Poor germination having materially affected this year’s crop of ryegrass, good ’seed is scarce, leaving the market very firm. The' cocksfoot market is very quiet, and the poor -quality of the samples of Peninsula'seed coming to hand is hot conducive’ to sales, merchants being uninterested. Values range at 6d to 9d, according to quality. Qats remain firm at recent rates. Chaff is slightly firmer, with the new 'season’s crop not yet ready to cut, and the bulk of the old season’s crop cleaned up. There is a lot of talk about blight in the potato -crop, but so far no appreciable damage is reported in the main crop. Not much business is .passing, and quotations'are £2/15/- to £3 on trucks. Fowl wheat is in short supply and the trade is ..eagerly awaiting particulars of the reported importation into the North Island from Australia.

The following, are the prices quoted to. farmers,, bn trucks, .at country sidings, unless otherwise jndimated: — Wheat—Milling, March, f.0.b., Tuscan 5/-, Hunters 5/2, Pearl 5/4. Fowl Wheat, prompt to 5/3 f.o.b Oats—A Gartons, to 3/-; B Gartons, 2/10; Algerians, to 2/9; Duns, 2/10 to 3/-. - ' ■ Ryegrass—Perennial, 2/6 to 3/-; Italian, 2/6 to W • Cocksloot—PMns, -7d to 8d; Maroa, 6d to 9d per lb Cowgrass—6d per lb. White Clover —5d to 7d per lb. Chaff—£3/5/- a ton. Barley—Feed 2/6‘a bushel. Peas —4/6,. Potatoes—£2/15/- to £3 a ton.

Onions—£s/10/- a ton. * Bran—Large £4/15/-, small £5/5/-. Pollard—Large £6/5/- a ton, small £6/15/-. . - GOLD AND EXCHANGE , LONDON, March 12. Gold 142/5/1, dollar 488 3-8, franc 1061.. STOCKS AND SHARES. - AUCKLAND, March 13. Sales: Bank of New Zealand (2) 44/-, South British 95/-, New Zealand Insurance 60/-, National Insurance (2) 18/-, Taupiri Coal (odd lot) 15/3, Dunlop Pedriaq 20/4, Taranaki Oil 4/2, Golden Crown 4/6. Mount Morgan (2J’lsyG/Ra.wang Tin 13/11 (2), 14/-; Placer. . Development .. £5/6/-. stock 15/6/52/55;"4 ’per"cent. £lO3. Unlisted: Selfridge's (old) 38/9. AMALGAMATED WIRELESS .. WELLINGTON. March 12. Amalgamated Wireless has advised the Stock Exchange Association of.an interim dividend for the half year ended in December at the rate of 5 per cent, on paid-up capital. The dividend is payable on April 12. MINING RETURNS MAORI GULLY DREDGE The wash-up of the Maori Gully dredge realised 41oz. ISdwts. for 134 hours’ work. WAITAHU The. Waitahu Gold Mining Company reports that stripping of No. 12 paddock was finished last Saturday. The return from this ground sluicing was iGoz 4dwt. Elevating operations were to have begun on Thursday morning. KING SOLOMON INVERCARGILL, March 12. The wash-up at the King Solomon Mi&e tute Week Wits 14 ord. 8 dwts.

GOLDEN SANDS.

The return from (he Golden- Sands claim was 36 ounces 19 d#t. for 36 shifts. ' ■ ■

ARGO DREDGE

-The.-Argo dredge return is; 123 ounces from 18,500 yards;’•'treated *-in 186 hours. , BIG RIVER MINES The Big River Gold Mines report -for the week 1 ending-March 6, is as follows':—Surface: > Cbiitiniial.. ’wbt weathei” has held up Tepair , S''iQ i ; culvert'frdfii -the eng'ine' hbijse. *. Mo?'4 level: The AViiize 3 feqt 6 ifidbes' to 54- feet G "inches' j through reef track. No. 5 level: The rise Was ach vanced 9 .feet to-71 feet 6 ipches at which- height timber sets Werfe put in and .driving started for the bottom of the; Wiri^e;Two feet 6 inches of stone Gold is expbsed at the tqf) of the rise.- South driveWds advaliced 8- feet for a total ’of 97-feetr- The last four feet in stone averaging four feet in width With coarse-gold‘show-ing in the stone. A total of 13J-'toils of. stone were delivered to' surfdbfe bins.;