Commercial

Hawke's Bay Tribune, Volume XIV, Issue 309, 10 December 1924, Page 8

Commercial

LONDON WOOL MARKET. MERINO IN DEMAND. London, Dec. 8. At the wool sales 9,698 bales were offered. A moderate selection of crossbred sold readily, and prices were steady. Merinos were in demand, but the market was quieter, and prices were rather easier. Medium scoureds were frequently bought in and slipes sold irregularly. Th© Bradford tops market is quiet. Spinners are not operating at present quotations, but prices are maintained. —(Reuter) COMPETITION "KEEN AT SYDNEY. Sydney, Dec. 9. At the wool sales competition was keen and the market was firm. Super wools of especially fine quality realised extreme rates. ’ Crossbreds of all grades made full late rates. Greasy Merino realised 51 ]-4d., which is a record for the Australian market. LONDON MARKETS. HIGH COMMISSIONER’S REPORT. The Department of Agriculture has received the following cablegram, dated 6th instant, from the High Commissioner for New Zealand, London:—• BUTTER. Market slow with tendency easier. Germany continues to buy large quantifies of Danish. Official quotations arc. New Zealand: Finest, salted„ 202/ to 204/ per cwt (1/0J per lb up to 206/ per cwt (1/10 per lb);'unsalted, 214/ to 216/ per cwt (l/10| to 1/11 per lb); other qualities, 170/ to 194/ per cwt i (1/6 to 1/81). I Australian: Finest, salted, 190/ to 192/ up to 194/ per cwt (1/8J to 1/81 per lb); unsalted,, 190/ to 198/ per cwt (1/8-J to J/9‘ per lb; other qualities, salted, 160/ to 186/ per cwt (1/5-J to l/7£d per lb); unsalted, 166/ to 186/ per cwt (1/5-1 to 1/71 per lb. i Argentine: 174/ to 180/ per cwt (1/64 to 1/71 per lb; other qualities. 164/ to 172/ per cwt (1/54 to 1/61 per lb). Canadian: Creamery, 184/ to 188/ per cwt. (1/7J to 1/8 per lb Danish: 232/ to 234/ per cwt (2/OJ to 2/1 per lb). CHEESE.

Somewhat better demand. Official quotations are: English: Finest farmerss’ firm. 116/ to 120/ per cwt (1/01 to 1/0J per lb. Canadian: Coloured and white, 93/ to 96/ per cwt (lOd to 101 d per lb.) New Zealand: Coloured new season s 92/ per cwt (93d per lb); white, 92/ to 93/ per cwt. (9£d to lOd per lb; coloured and white old season’s, 93/ to 94/ per cwt (lOd per lb. Australian: Market steady: Coloured 90/ per cwt (91d per lb). ' Estimated stocks of cheese on Decern-* ber Ist at London, Liverpool and Bristol were: Canadian and American 209,600 boxes; New Zealand and Australian 33,170 crates, against 132,700 boxes and 13.000 crates respectively for same time last year. A shipment of New Zealand produce arrive® this week per s.s. Mamari. WOOL. Demand continues brisk with New Zealand wool selling well chiefly to Bradford. Good support from Continent and America an opening prices fully maintained. EGGS. Trade slow. English, Irish, Danish, Dutch, Belgian, 24/ to 29/ per long 100; Italian, Australian, South African, 21/ to 24/; Argentine, Stynan, 16/9 to 2/; Egyptian, 12/ to 13/3; New Zealand, 25/ to 26/. PRICES OF METALS. London, Dec. 8. Copper: Spot £63 16s 3d. forward £64 16s 3d. Lead: £39 5s and £37 2s 6d. Spelter: £35 3s 9d both positions. Tin: £255 15s and £258 17s 6d. Silver: Standard 2s 9 l-Bd, fine 2s llfd. Gold price: £4 8s 8d per ounce.— (Reuter.) MINING SHARES. London, Dec. 8. Mount Lyell shares: Buyers 24s 9d, sellers 25s 3d. Waihi: Buyers 25s 3d, sellers 275.— (Reuter.) WAIPUKURAU STOCK SALE. The Hawke’s Bay Stock Auctioneers’ Association report holding the weekly sale at the Waipukurau yards yesterday. A medium yarding of cattle and a small yarding of sheep came forward. Bidding was keen for practically all classes of stock, prices ranging for fat bullocks £8 5s to £lO 15s. fat cows £7 8s to £8 15s; three-year H. steers £6 15s to £7 78s, yearling P. A* steers £3 10s to £4 2s 6tl, dairy cows £7 10s to £9, shorn 2 and 4-tooth wethers 23s to 38s Bd, two-tooth ewes 34s 6d, woolly ewes and lambs £2 17s 6d, The brokers report as under: — Murray Roberts and Co.. Ltd.—6 fat P.A. bullocks £lO 15s, 7 fat H. bullocks £lO, 3 fat bullocks £9 6s, 3 at £9 4s, 1 fat bullock £8 ss, 1 at £6 15s, 1 store bullock £3 ss. Williams and Kettle, Ltd. —15 3-year Hereford steers £7 Bs, 7 fat cows £B, 4 do. £8 15s, 6 do £B. 6 do £7 Bs. 7 fat heifers £6 Ils, 7 do £5 18s, 5 yearling steers £4 Is, 9 yearling heifers £2 18s, 3 empty cows £3 15s, 1 dairy cow £9, 1 do £7 10s, 1 dairy heifer £4 7s 6d, 1 do £4 ss, Jersey bull £6, 2 do £3. . , Dalgety and Co* Ltd.—s 7 yearling P.A. steers £4 2s 6d, 5 yearling Hereford steers £3 18s, 7 yearling P.A. cross steers £3 10s, 3-year steer £6 15s. Hawke’s Bay Farmers’ Co-operative Association, Ltd. — Springing Jersey heifer £4, springing cow £4 10s, cow in profit £2 10s. fat cow £7 17s 6d, 1 at £6 17s 6d, 8 steers £5. 3 at £7 4s, 8 Hereford cross empty cows £5 17s 6d, 8 P.A. empty cows £7 Is. 12 empty cows £5, 13 r.A. and H- cross heifers £2 14s, 90 two-tooth ewes 34s 6d, 92 two and four-tooth wethers 38s Bd, 222 two-tooth wethers 32s 6d, 58 at 235, 10 ewes and lambs £2 17s 6d.