COMMERCIAL

Hawera Star, Volume XLVIII, 1 April 1925, Page 2

COMMERCIAL

WOOL SALE. PR.ICEs”I)ECLI NE. OHRISTCH UR Oil QUOTA.T! ONS. (BT TEI.KCRAPH —P*tfcSS ASSOCIATION-G-HRISTOITURCH, Match 31. The final wool sale of the season in OhrijStchiirgh. was . held . to-dn y. The catalogue was a small one, comprising, with the inclusion or star lots, 6988 >ales. The wool, as vivas natural with ui end of the season catalogue, was for .he ihost part s'eeciy and heavy iii coniition. Nevertheless there were a nnmjer of good back-country clips, which, were practically up to the standard of die eaHy season offerings. Clips jiassed in from’previous sales were surprisingv few, vendors of these preferring to ship home, and take their chances of .he market there. The bench of buyers was. considerably on a I ter than at the preceding, sale, and some, of them scarcely opened their books. The accounts of the Wellington sale prepared A few growers for ■fin improved sale. The first page or two or the opening catalogues served lb indicate that this expectation would not he realised. Tile sale was slow and dragging from the outset, and values showed a further. recession, on the preceding rates. A number of larger 'backcountry clips were passed. Fine wool again experienced a most noticeable drop, and scouring lot s were also decidedly easier. There were cases of passed in fleece lots from the preceding sale being again passed at,4d less, whilst in a few cases the drop .was as little as from par to a penny. However, all wociljsj of 50 coniit and over were down on an average of the February rates by. 2<i to 3d, and in .soine cases- more. Some good lots of threequarter bred showed only a small reduction of approximately from Id to 2d, but crossbred was a good 2d down. Fellmongering lots were similarly lower. Several lots that were cut out of the January sale attracted bids, of 8d to lOd easier than at .the auctibn. „ Excluding star fot s and several clips withdrawn, the mam catalogue comprised 5633 bales. Passings were heavy in all but the final catalogue, averaging froni 35 -to 45 per cent. The last broker, however, confined his passings to approximately 5 per cent. Altogether 1870 bales of the main catalogue wools were passed, or exactly a third, of the total, offering. :• The top prices of the day, compared with the sale on February 27 were as follows: Merino 25Jd (Feb. 2/Jd); lorriedale, 24jd (27*d); half-bred ?4id 28i-d) ■ three-quarter bred, 20jd (22jd); iross- bred, 18Jd (21d). domuAon PRODUCE.

LONDON MARKETS. WEEK-END REPORTS. The of Agriculture, has •eceived the following cablegram dated Vlareli 28. from tlie High Commissioner c or New Zealand, London - Butter. Demand quiet. Official quotations ire: — , ..... , . ■ New Zealand.—Finest srilted, slow, !68s to 172 s per cwt (Is 6d to. Is 6*4 ier lb). Urisalted: 182 sto 184 s pet '•wt (Is 7jd per lb). Other qualities, • 50s to 160 s per cwf (Is 4Jd to Is 53d :er lb). _ Australian.—. Steady. Salted, ,1665. to 68s per cwt (is 534 to.ls 6d per lb); insulted: 178 s to 182 s per cwt ,(Is 7a ,o Is 7jd per lb) ; other qualities, 154 s :o ].64s per cwt (Is 4jd to Is ,sjd per b). . Argentine.—Slow; 166 s to 172 s per •wt; other qualities, 160 s to 164 s per nvtf Danish. —216 s to 218 s per cwt (Is lid >ef Ih). ...., , Cheese. Demand .quiet and market easier, ijffiial quotations are:— > • English.—Finest farmers’, firm, .135? o 140's per cwt (Is 2jd to Is 3d per •Carittdian.f—Coloured, ltfes to 110 s •ef cwt .(Hid to ll|d per lb); white, I.oßs to 110 s per cwt (llid per lb). New Zealand.—Coloured. and white,, 00s to 102 s per cwt (IOJd to lid pet b).. Australian.—Coloured, quiet, 98s to 1:00s per cwt. Shipments, of New Zealand produce arrived this week per Waiwera and Baradine. , / AVool. t brad lord market quiet and little new, msiness being done. At the close there were indications of more activity in merino, hut crossbred is neglected. Present quotations are :—64’s (merino), warp, 5s 3d; 64’s (merino) average, 5s Id ; 56’s (super halfbfed), 3s 6d; 40’s, prepared (coarse crossbred), 2s 6d.

FROZEN MEAT. The Bank of New Zealand, produce lepartmefit, lias received the following advice from its London office under date, March 27.: The market for wethers is dull with a downward tendency. Ewes are in short supply and prices are normal. The market for lairib is inclined ,to lie weaker. Beef shows a weaker ‘tendency. , - . Wethers, light 73d to Djd per lb; heavy 6d to 7d per lb; eiyes, s|d to 7jd per lb; lambs under,,42’s, 11 jd to I2jd' per lb ; lambs over 42’ s and seconds, 11 id to ind pef lb; ox hinds, sjd to 53d per lb; ox fores 4Jd to 4jd : per lb; cow hinds, 5d to 5Jd per Ih; cow fores, 33d to 4cl per Hi.