COMMERCIAL.

Hawke's Bay Tribune, Volume II, Issue 45, 6 February 1912, Page 3

COMMERCIAL.

WELLINGTON FRUIT MARKET

[BY TEtEI. HAPH --SPECIAI, ] (Own Correspondent). Wellington. Feb. 5. Messrs. Townsend and I’iiuL Ltd., report present values us tindei : — Cucumbers—s - to 5/6 Tomatoes—S - to 8 6 Peaches---Extra choice 5 6 to (1,-, good >) -

Plums—Burbauks. extra choice 3 6 to 4 li. nioditlm 2 6 to 3 Ogans 2 3 to 3 Diamonds 3- to 4;-, Dark Dessert 3,6 to 5/Pcars—AVilliiuiiK 5 9 t<> 6/6. Apples—- Dessert 3 - to 4 ,-. eookei s ‘2 - to 2 6 Greengages—s - to 5/6 Nectarines - 1 3 to 5 medium 3, 6 to 4/ -per half-case. Consignments are recommended promptly. AUCKLAND WOOL SALES. Consignments of wool (says the Auckland 11 Star ,! ) are still coming forward for the third and lust sale of the 191112 series, to be held in the Chamber of Commerce Hall on Wednesday morning next. The present outlook indicates that there will be about 2500 bales for sale, or about 500 bales more than wore offered at the February sales last v<»ar. As is usual at the close ol the season, the lots consist mostly of bark country avool, but there are a few forwardings of nice crossbred combings which uere shut out ol the January sales. Lambs’ wool is also coming in well conditioned, and in fair quantities. A good bench of buyers is expiated, though the number will perhaps not be as large as that of last month. , LONDON WOOL SALES.

The New Zealand Loan and Mercantile Agency Co., Ltd., have re.-ened the following cable,gram from their London office:—At the wool sales 169,000 bales were sold, 68,0(10 being taken lor the Continent and 7000 for America. Ihe sales closed with good competition. As compared with last sale’s closing rates, prices are about the same for greasy crossbred, lower about par to 5 per cent, for crossbred siipe, and about o •ent. for merino inferior and .scoured crossbred. Decreased American demand for crossbred. Quotations unchanged for New Zealand wool. Murray, Roberts and Co.. Ltd., have received the following cablegram from London, dat’d 3:<l instant: —Sales have closed. Held o.er 13,0(10 bales. Cort,-, pared with closing rates at last London sales, merino best descriptons market ~,hows no change ; all other descriptions of wool declined 5 per cent. The Bank of New Zealand has received the following cablegram from London: —-The sales have closed with good enquiry from all branches of the trade. Prospects for all wools next series are favourable. Total quantity held over 11,006 bales, of AAhich 2000 liali’.s arc New Zealand. Prices for coarse crossbred ftill-woolled show a slight improvement compared with the average of last sales. The market has a weaker tone since our last cable, for all kinds of greasy crossbred. Sheepskins: Prices for practically all descriptions are unchanged compared with the average of last sales.

THE LONG TUNNEL MINE

RICH YIELDS

£3200 FOR EIGHT DAYS. Sydney, Jan. 29. Tim', sensational jields <>i the Long Tunnell mine, Gundagai, continue.

Las> night a parcel of 156 ounces was the result of dollying 501 b of ore brought in in five afternoons. Dollying by shareholders during the past eight days from 2001 b quartz gave the wonderful return of 731 b gold (876 oz), value £3200. This ore averaged aver 35 per cent. gold. Mr. A fllick, a well-known Victorian, visited the mine yesterday. 3he rich chute still continues overhead and underfoot.

Last wook one dish from the mine gave 2()(ioz of gold, and three dishes, in which there was under lent of stone, treated by dollying, gave the wonderful return of 401b\veight ol gold, being at the rate of 40*per cent. Forty feet above the present find in September last in driving along a hale 3cwt gave 50ioz, equal to 14 per cent, gold, and second-grade ore gave nearly 4oz to the ton.

Each make improves with depth, as also does the character of the gold. The stone, which is of a calcite nature, is hinged together with the precious metal, and though there is a lot of very fine gold the bulk is made up of solid pvrites of from sdwt to 2oz each. ‘The formation is a big one, varying from Ift to 40ft in width, and on present appearances the richness of the mine apparently increases with depth. LIVE STOCK. The Hawke’s Bay Farmers' Co-opera-tive A ssociation report on sales held last week as follows :—A.t Mangatuna on Thursday we held a sale in Mr. Mark Franklin’s yards, when we oflercd about 401)0 sheep and 60 head of cattle,. The sale went with a good swing, and practically everything sold at very satisfactory prices. A line of woolly wether lambs on account of Air. Mark Franklin made 10,7. The breeding flock of Mr. C. Hollis was one of the principal attractions, and these sheep were a very creditable lot. 4Ve quote the following prices:- -I and 6-tooth ewes 14/5, 1- ewes 12/1, 5-year ewes 10,5, 16 3, and 10 -, 2-tooth ewes 12 3 and 121. old ewes’B - to 6 3, ewes (mixed ages) JO;6, 2-tooth wethers 12 - and L t/fi, lambs 10 7 and 9 - for good to medium woolly lambs, others of inferior quality sold from 7/6 to 4 3; 4-year bullocks £7. 3-year bullocks £6, lat rows £5 ’4/- to £5, 18-month steers £3 16,6 and £3; 15/-. rams from Bgs to 17'6. At Dannevirke sale on Friday we offered nearly 4000 sheep and about 2(10 cattle. Buyers wore not quite so keen on sheep as they have been of late. A big portion of the yarding consisted of old cull ewes, which nobody wanted very badly, and'a good few of this class of sheep were passed in. However, we eventually managed to sell a liig portion of our entry at very fair prices. 44'e quote as follows: —4tooth wethers 12/6, 2-tooth wethers 12 3 to 11 ", 2-tooth ewes 11,6 and 11, 3, old ewes 8/3, 8/2, 6,6, 51, 4 HO and 4/3, lambs 10/'-, 9,3, 7 6 to 5/-, fat cows £5 and £ 1. cows in profit £4/2/6, 3-year heifers in calf £4,2 6, 18-month polled Angus heifers £3/10,'-, 18-month dairy heifers £3/7/6 and £2.16. -. Dalgety and Co., Ltd., report as follows:—On Friday last we held our usual fortnightly Dannevirke sale, when we offered a large number of both sheep and cattle to a good attendance of buyers. Prices realised were. — Hmoifth to 2-year heifers £3 9 - to £3 12 forward empty heifers £3 12 -. fat heifers £l3 6 to £5. 18-month to 2- steers £2/]2 - to £5 2-, 21year steers £4 ]5 -. bulls £2 - to £3. mixed weaner* 32 - t<» 39 6. far £3 15 - to £5 S -, empty store cows f 2 10 - to £3 4 -. cow s with calves £4 15 '-. 4-tooth wethers 12 9 to 13 5, 2tooth wethers 10 9. 2-tooth ewes and wethers 10/11 to 12 3, 6-tooth to f.f.m. Lincoln ewes to 12/9, empty e«es 5 6 to 7 8. fat ewes 11 1 to 13 '-. -1-tooth to f.f.m ewes 10 -, f.m. ewes 9 2. mix’ d shorn lambi to 7 6. rbised woolly lamb.

Lltndon, Stewart and Co.. Ltd., report having held their usual monthly sale at Xleance yesterday (Mondavi. wht‘ri tlv’y offered a large yarding of .sheep and cattle to it very representative I attondanci* of buyers, Both cattle ami I sheep met with keen emnpctition. am! i sold well up to recent rates. They quote the following sales: —10 fat ewes i 9 5, 21 at 11.3, 39 at 10 3. 20 cull lambs 42 fat ewes 10 -. 66 4-vear CwOs 10 100 mve lambs 5 10. 10 f.f. ewes 78, 138 s.nr e'wes f) 8 fat heifers £7. 11 fat bullocks £7’ 10 -. ! tat cows £5/1.1.-, 2 18-montli heifers £2 14/-, 41ambs 11,'ll. 18 fat lambs 12,-, 23 fat lambs 10 11, 21 fat ewes 9'7, 20' ewes and lambs S 7, 37 lambs (cull) I 3 6, 21 f.f. ewes 9. I. 88 fat ewes S I, 12 fat ewes 9 2, 8 fat bullocks £8 5,-. 9 foi-ward bullocks £7 26, 3 18-nionth I stmrs £2 6' -. 4 cows with calves £3 18/- to £6/11 dairy cows in profit and springing £2.13 6 to £6 11. -. | FROZEN MEAT MARKET. The Colonial Consignment and Distributing Company, Ltd., in their mar- , ket report, 29th December, 1911, state that, although the supplies to the market during the week preceding Christmas were lighter than for the corresponding week of last year, tney piored fully adequate for the d-’inand. The weather was wet and most unfavourable to the trade until Saturday, when a drier and cooler temperature gave a stimulus to business, and dealers cleared up their stalls l»y doing a retail trade. , 7 . Since the Christmas holidays business has been extremely quiet, and imported meats of almost all descriptions are being neglected. It is the ttst'al experience that the demand is very dragging until after the opening of the New Year. Moderate supplies of prime quality Home-bred meat met a fair enquiry at prices ivhich tended in sellers’ favour. Mutton especially shows an advance in value for the best English and Scotch sheep, and even Dutch mutton is making prices up to 6.',d per lb. Some American Deptford-killed sheep have just reached the market, and are realising from !jd to 5d per lb. South American chilled bed is weaker in value. Hinds seldom exceed 4Jd per lb., and the extreme price for fores is only 25d per lb. These prices represent a decline of about ’d per lb on those ruling before Christmas. New Zealand Mutton. —There lias been no fresh arrival, and the very limited stocks are held for last prices, but these are only being made with increasing difficulty. South American Mutton. —Arrivals per Hermione. Highland Brae, Mancnester City, Highland Enterprise, and Zermatt, amount to about 89,000 carcases. The sloh demand has given a weaker tone to prices, and although many of the recent arrivals consist of carcases of excellent quality and in firstclass condition, th.’ sale is by no means free. Carcases of 601 b v.eight, equal in every respect to New Zealands, can he bought at per H>. Australian Mutton.-—The Anchises with 22,536 eareases, and Demosthenes with 16,210 carcases, have arrived. Ihe increasing stocks have mad.; buyers rhary ot dealing, and sales at the current quotations are tery limited. Frozen Lamb. —Receipts have been limited to 25,498 carcases from Australia and 23.960 carcases from South America. New Zealand st<xks are almost exhausted, and although quotations are unchanged, few transai tions are recorded. Australians are freely offered, and prices have a downward tendency. (hdy the best, which are scarce, make up to lid per lb. 1 lit.* majority are. sold at prices nearer to lj<! per lb. Some nice Plate lambs have touched 5d per lb, but the general quotation is about l-Jd per lb. Frozen Beef. —About 32.000 quarters from South America and 500 quarters from Australia have come to hand. Business is very quiet, and quotations are fairly steady at last rates. New Zealand beef is hardly procurable. SATURDAY AUCTION SALE. It is upon very rare occasions the Hastings public are enabled to purchase goods practically at their own prices, and as a rule they arc not slow to take advantage of such when they have the opportunity. Saturday's auction sale by Messrs. Hart ami Co., of Auckland, in conjunction with Mr. J. A. Miller, was no exception io the rule. The room was crowded throughout the day, and judging by the smiling faces of the numerous purchasers, they showed that they were thoroughly alive to the tact that they secured bargains. The stock is a very comprehensive one, ranging from travelling rugs, hosiery, drapery, silks, clothing of all descriptions, E.P. ware, silver goods, musical instruments, cutlery, watches, jewellery, clocks, and other goods too numerous to mention. Despite the large number of articles sold on Saturday, not much impression was made on so large a stock, and consequently another auction sale will take place on Saturday next.