COMMERCIAL

Grey River Argus, 16 January 1941, Page 2

COMMERCIAL

CANTERBURY WOOD APPRAISAL. CHRISTCHURCH, January 15. A total of 31,074 bales of wool are being offered for valuation in the fourth appraisal which started in Christchurch yesterday. The offering is one. of the biggest known in the city, and was limited only by the capacity of the stores to show tne wool and put it through for classing. Appraisement is expected to take five or six days. Individual offerings were Dalgety and Company, Ltd., 7349 bales; New Zealand Loan and Mercantile Agency Company, Ltd. 2841 bales; Matson and Company,’ 3219; Pyne, Gould, Guinness, Ltd., 8115; National Mortgage and Agency Company of New Zealand, Ltd., 4304; New Zealand Farmers’ Co-operative Association of Canterbury, Ltd., 5246 bales. The size of the offering is shown by comparisons from 1939 and 1940. In December, 1939, 23,193 bales were offered, other figures for that season being January 8 22,366 bales; February 5, 21,066; ’ March 11, 14,120; April 23, 5047. Recent offerings have been 3350 in August, 2731 in October, and 16,915 in December. The offering is representative, and includes a good quantity of Corriedale and half-bred wool of high quality from ewe flocks of the province, with limited amounts of hogget wool and some stronger wools from Banks Peninsula flocks. There is, however, an appreciable amount of dry yolk and dust as a result of the prolonged dry weather. In general, however, the wool is better than last year’s and the weight will also be better.

RABBITSKIN PRICES. DUNEDIN January 14. The Dunedin Stock Agents’ and Wool Brokers’ Association reports that at the first rabbitskin sale for 1941, held to-day, an offering of about 10 tons was submitted. The

offering comprised principaly summers, springs, and milkies, with a few parcels of outgoings. Competition was good for all grades, and values were from par to a shade better value than late rates. The official range of prices was as follows: Small, 20d. to 203 d. per lb.; runners, 29.1 d. to 33i‘d.; racks, 333 d. to 39d.;’ summers, 311 d. to 34d.; out-

going winter bucks, 50d. to 633-d.; outgoing winter does, to 49d.; spring bucks, 48d. to 56d.; spring does, 361 d. to 381 d.; milky, 30d. to 341 d.; summer broken, to 311 d.; second broken, 30d. to 333 d.; first broken, 36d. to 371 d.; fawns, to 24d.; summer black, 25d.- to 30d.; black outgoing to 35/-: hareskins, 201 d. to 22d.; horse hair, 28d. to 313-d.; deerskins, 2/6 to 3/-.