COMMERCIAL.

Hawera Star, Volume XLVIII, 27 November 1924, Page 2

COMMERCIAL.

WANGANUI WOOL SALE. LEVIN ANJ> CO. Messrs Levin and Co., Ltd., report:— The first sale in Wanganui this season was held on Monday, when approximately 9000 hales were offered, our catalogue contributing 1490 bales. There was a record attendance of buyers, and the increased seating accommodation'vtas taxed to the utmost, buyers being present from every quarter of the wool consuming centres." The offering at this sale was not quite as large as at the November sale last year, this being largely due to the unsettled weather in October and . early this month. The clip this season, is in excellent condition, and our offering was. of a very representative character. Buyers were very keen from the start, and the sale went with a, good swing, bidding being animated and well spread, and we sold all of our catalogue under the hammer. The recent advance in Wellington and Napier was well maintained. Coarser orossbreds were in sellers’ favour. There were, not many lines of American standard, but those offering were taken by America after good comnetition. The hulk of the offering, however, was taken by Bradford and the Continent, Bradford, as usual taking the lion’s share. The following are tne principal movements of the market as compared with last sale:- — Halfbreds, 2d to 4d advance ; fine crossbred, 46/48, 4d to sid advance; medium crossbred, 44/46,* 5d to 6d advance ; coarse crossbred, 40/44, 5d to 6d advance; low crossbred, 36/40, 5d to 65d advance; bellies and pieces, 4d to 6d advance; locks, 4d advance. JOHNSTON AND CO., LTD.

Messrs Johnston and Co., Ltd., Wanganui, report:—-The first wool,sale of the 1924-26 season was held on Monday night, when a total catalogue of 10,400 hales was submitted to a, full bench of buyers, representing all sections of the trade from America, Bradford, France, Germany, Italy, local mills and scourers. The offering on the whole was well grown, good length, staple and of good average condition. Year by year the wool from the surrounding districts is showing a marked improvement as regards quality and general get-up of the clips. We submitted .a catalogue of 869 bales Lilly representative of the Taranaki, Wanganui, Rangitikei and Feilding districts. Theire is no doubt that the support accorded the local sales by growers ha,s caused the ruling market prices for crossbred wools to be fixed in New Zealand and not in London, as in the past. Realisations must be said to be very satisfactory to growers. The lowest price we quote tor crossbred fleece wools was 203 d for a -line of Lincoln cotts, up to 27id for a line of CJcnn Kaiwaka Romney hoggets. Higher prices were, of course, paid for Southdown. We report the market) if anything, easier for fine crossbred, and firmer lor the coarser descriptions on late aites. Some of our realisations are:—

Arranmore, Hoggets A. 26Jd, Ewes A 26f, Ewes B 243, Xbred 233 d, pieces 19£d, bellies 17|d ; EB over F, H A 25d, HB 24d, HU 23£d, HA 24*d, H 213 d, WA 26jd, WB 24*d, Down hgs. 313 d; BH,. Bom. H 243 d, Rom. H 24*d; YH H 253 d, W 253 d; Waikare, H 253 d, A 253 d, B 23|d, Xbred 223 d, Ctgs. 123 d, uieces 18d, bellies 173 d; ERC, Xbrea, 24|d; Three nurseshoes, hoggets 23jd, ewes 23dd, wethers 231 d; POiTO, hoggets 24]d, ewes A 25d, ewes B 233 d, wethers A 24d, wethers B 23d, Lincoln 203 d, bellies 16a; Awaro, Rom. Xbred 253 d bellies Isd: GNB, ctgs, 123 d; XDX, A 263 d, B 25*d, O 25id . 3L, H A 253 d, H 243 d, wethers 233 d; UX over Huia (skirted), HA 233 d, A 25Jd, B 243 d, C '223d; Glen over Kaiwaka, Rom. H, fine 271 d, H lied. 25d, super fine Rom. 26fd, Xbred fine 25d, Xbred med. 25fd, Xbred coarse 243 d, Xbred 24|d, Xbred 223 d, pieces A 18d, bellies 16|d, pieces B 133 d, ctgs. A 143 d, ctgs. B 13d, Lks A 26d; Westerhill H A 27d H B 25id SA 2 o s !f E - EB^d WA 2$ p 25d pieces 21|d, bellies 163 d Lbs. A 29d,

LONDON MARKETS. The Bank of New Zealand produce department has received the following advice from its London office, under date November* 21 :t Butfer.- —First grade in good demand, 204 sto 206 s per cwt; second grade 180 s to 188 s. ’ Cheese.—Fair demand for matured cheese. New season’s 90s to 91s ner cwt, old 91s to 925. Frozen Meat—Wethers are in little better demand. The market for ewes is inclined to be firmer. Market is short ct supplies of New Zeaalnd lamb, and prices are nominal. The beef market is hrm and moderate business has been done. Wethers, light 8d to 93d pei r lb, heavy, 7fd to 8d; ewes, 63d to 73d; lambs (Australian), 123 d±o 13d; ox hinds 53q to old, fores 43d to 4fd. i A ‘ Turnbull and Co., of Christchurch, advise that they afie in receipt of a cable from Messrs W. Weddel and Co,, Ltd., dated London 21st, reading: Danish butter, 218 s to 2225' (last week 216 sto 2205); New Zealand salted-, 204 s to 206 s (200 sto 2045); market steady. ™ v „r ealand cheese: Coloured 90s to 92s (92s to 945), white, 91s to 92s (92s to 945); market steady.”