COMMERCIAL

Hawera Star, 13 January 1930, Page 10

COMMERCIAL

SIVD SHEEP AUCTION. ROMNEY REALISES 235 GUINEAS. IBy Telegraph—Press Association.) MASTER.'!ON, Jan. 10. At the Wairarapa Stud Sheepbreeders’ Association’s annual stud ram and ewe. sale to-day, 235 guineas was paid for Air AV. Perry’s Romney ram by Mr H. B. Johnston, of Feilding, tliat being the highest price of the sale. Competition was confined mainly to liigh-elass animals, many of poorer quality being passed in. Another Wairarapa breeder, Mr G. Donald, secured good prices for Romneys, 185 and 190 guineas being the best. The highest price for Lincolns, for which thex-e was a limited demand, was 50 guinea® for two lots bred by Air A. D. AlcAfaster, of Alartipborough.

GRAIN! AND PRODUCE. CANTERBURY PRICES. CHRISTCHURCH, Jan. 10. There lias been very little business in grain and produce during the week. The speculative element is practically dormant, merchants generally waiting until there is a mox-e reliable indication of what the harvest will yield. One of the few exceptions, and that to a very small extent, is potatoes. Sales of these have been made at- £3 12s 6d on trucks. There have been a few transactions direct between merchants at £3 17s 6d a ton, but through brokers the f.o.b. sacks in value remains at £o. There is little doing in the mai'kct for milling wheat. A few purchases have been made of “free” wheat at 5s 9d on trucks, net, for Tuscan 6s for Hunter’s. Prospects of a better yield have been markedly improved by the weather of the last few weeks, and inquiry lias eased as a result. No business is being done forward in oats, but chaff has been the subject of a few transactions. New chaff is quoted at £4 on trucks and old at £5 p.s. The weather is helping the onion crop | and prices are inclined to ease. As a consequence Alarch-April delivery is quoted at £3 15s a ton oil trucks and £5 f.o.b. sacks in.

BRITISH TRADE RETURNS. INCREASED IMPORTS. LONDON, Jan. 11. British trade returns for December show that imports increased by £5,123,000, exports decreased gy £1,964,000, and re-exports decreased by £1,141,000. The principal increases of imports were: Aleat £1,287,000, non-dutiable food and drink £2,095,000. The export of coal increased by £900,000. The decrease in imports included grain and flour £1,902,000, and raw cotton £2,174,000, and in exports cotton yarns and manufactures £1,121,000. Lead imports totalled 29,606,000 tons, including 6,259,000 tons of Australian, and exports totalled 4,059,000 tons.

LONDON AIEAT AIARKETS. QUOTATIONS FOR THE AVEEK. (United Press Association—By Electric Telegraph Copyright.} LONDON, Jan. 11. The weekly quotations for the uni dermentioned classes of frozen meats, based on tlie actual sales of wholesale quantities of carcases of mutton or lamb or quarters of beef delivered to the Smithfield market or from London stores have been compiled by the quotations committee at Smithfield. To arrive at the equivalent ex ship values a farthing per pound sboidd be deduct- I ed from the prices quoted. The quota-1 lions are the average for the week, I and are not for selected lines, but for) parcels fairly l’epresentative of the bulk of shipments now on offer: New Zealand Sheep.—Canterbury and North Island selected cressbrecl wethers and maiden ewes, 481 bto 561 b, 7-Jd per lb; 571 b to G4lb, 6|d; 651 b to 721 b, Old; North Island crossbred wethers and maiden ewes, 481 b

to 561 b, 6Jd; 571 b to 641 b, to 721 b. none offering. New Zealand ewes, 481 bto 641 b, 5Jd; 651 bto 721 b, 4jd. Australian Sheep.—First quality crossbred wethers, 481 b to 641 h 64d • 651 bto 721 b. 6Jd; over 721 b. 5Jd. ' ’ New Zealand Lambs. —Canterbury, 361 b and under, and 371 b to 421 b, none offering; selected North Island brands, 361 b and under, 10Jd. Australian Lambs.—Victorian first quality 361 b and under, Bid; second quality, 371 b to 421 b, Bjd. Other States.—First ' quality 361 b and under, Sid • 371 b to 421 b, BJd; all States third- quality, 7d. Argentine Lambs.—First quality 361 b and under. 7-Jd: 371 bto 421 b 73 d; 431 b to 501 b. Bd. Patagonian Lambs.—Second quality, 1 average 301 b. none offering. Australian Frozen Beef.—Ox hinds, under 1601 b, none offering; over 1601 b Old. Argentine Chilled Beef.—Ox fores, b to 53d ; ox hinds, 1601 b to New Zealand Pigs.—First qualitw. 661 bto 1001 b. lid; 1011 bto 1201 b. l-old ; all others unchanged.