COMMERCIAL.

Lyttelton Times, Volume CXV, Issue 16742, 24 December 1914, Page 9

COMMERCIAL.

LONDON MARKETS. By Telegraph—Press Association—Copyright LONDON, December 22. METALS. ,< Copper—£s7 to £57 os. ' Tin—£-144 to' £144 10s; three months £142 10s to £143. Spelter—£27 2s ,6d. Silver—ls 10|d per ounce. WHEAT. Wheat is very firm. Sellers offer sparingly at a further»6d advance. •AUSTRALIAN MARKETS. GRAIN AND PRODUCE. (Received December. 23, 10.10 p.m.) SYDNEY, December 23. Oats, Tasmanian, 4S 3d j - New Zealand, 4s 3d to 4s 4d. Barley, English. 4s (3d; Capo Feed, 4s. Maize, 4s 8d to 4 s 9d. Potatoes, Tasmanian, 10s; local, £ll to £l3. Onions Victorian, £l3 ; local, £9 to £lO. Dutter, selected, 112 s; seconds, 102 s to 104 s. Cheese, s|d to 6d. BacOn 9d. ADELAIDE, December 23. Wheat, 6s 3d. Flour, £l2 17> Cd to £l3. Bran and pollard, £ll 10s. DUNEDIN WOOL SALES. [Per Press Association.] DUNEDIN, December 23. The first wool salo of the season was held to-day, when 15.863 balo3 wero offered, ts compared with 4722 at the corresponding salo last year. Tho attendance of buyers was good, but not as large as üßiial, the restrictions resulting from the war preventing Continental and American buyers from operating. There was dullness in the appearance of the hoggot wool and competition lor this suffered accordingly. Taking the sale all through the bidding was irregular. The - demand for merinooß was confined to the local nuhs, which, reserved competition for the higher grades. Super quality wools, both half-bred and crossbred, were well competed for at. good prices, but competition tor heavy-conditioned wools was in most cases disappointing. for medium quality were fairly well maintained, but for lower grades competition was not so good as usual. The following is the range ot prices at to-day’s sale, compared with the rate in December and January last: Dec., 1913, and

MARKET REPORTS. ■ ASHBURTON. , The stock sale held at the Tinwald Yards yesterday was'only moderately attended, but the entry of fat sheep showed a decided increase on last week's total. The yarding: totalled 1079 shoep, and included , 388 fat ewes. 78 fat wethers, 144 fat lambs and 469 stores. The quality of the bulk of the fat sheep was very indifferent and many went to graziers for fattening purposes, while, several lines were passed at auction. -The yarding also being in excess of the demand, there was not tho keenness shown at previous sales, and prices were much easier. Fat. ewes made up to 21s, fat wethers to 21s 6d, and fat lambs to 22s 6d. The> following range of prices- was obtained: Primo bntohers’ owes 18s to 216, medium r* weights 10s to 17s 4d, light and inferior 14s id to 15s 6d; fat wethers 20s to 21s Gd, others 17s lOd to 19b, fat lambs los lOd to 22 s Gd, ..... The principal sales were:—Ewes —8 at 21s, 3(5 at 17s Id, 14 at. .18s Id, 21 at 20s, 10 at 19s 7d, 29 at 17s 3d. 17 at 17s 3d. 13 at 16s 3d, 39 at 18s 3d, 20 at 18b, 14 at 10s od, 11 at 16s Pd, 31 at 16s 3d SO at 14s 4d. Wethoiß- 14 at 19s. Lambs—--21 at 15s lOd. There was a better demand for the small yarding of store sheep, but. prices showed no improvement on late rates. Sales were: —55. sound and failing-month half and three-quarter-bred woolly ewes and 65 lanlbs (all counted) at 11s Id. 102 four-tooth halfbred wethers at 17s, 9S sound and failingmouth thrce-qunrter-bred ewes and 15 lambs (all counted) at 10s 7d, 87 four-tooth do. and 91 lambs (all counted) at 13s 4d> There wa.s a good yarding of cattle. . Fats sold well, but stores were not. wanted. Fat steers made £5 5 s to £lO 10s, fat heifers £■,B 2s Gd to £9, fat cows £5 12s Gd to £8 10s, small stores 365. larger sorts £2. 15s to £3 9s cows in profit £4 ss, cpws (springing) £7 os. , GERALDINE. Yesterday’s stock sale at Geraldine wna well attended, though owing to tho nearness of Christmas the entry was not so ,largo as it otherwise- would have been and' the bidding was not so spirited as usual. Tilts following sales wero ntado:— Sheep—Two-shear fat ewes. 11 at 19s: fat ewes, 18 at 18s, 20 at 17s 9d, 4 at 17s, 2 at 16s Gd, 30 at 16s 3d. 15 at. 16s. 20 at 15s Gd, 6 at 14s od, 3 at 13s 6d; fat •wethers. 4 at 16s Bd, 18 at IGs 4d; owes and lambs, 17 at 9s lid, 69 at 8s 6d, all counted; two-tooth ewes, 17 at its lid; two and four-looth ewes, 55 at 16s 8d: tivotooth wethers, 78 at 15s 6d, 27 at 34s Cd, 30 at- 12s 2d, 56 and 57 at-12s; culled hoggets, 18 at 8s 3d; culled owes, 7 at 8s! Pigs—Stores, 16s each; weaners at 12s, ' 11s. 10s, 9s 6d. Bs. ] It was announced that the next sale would ■ be held a day earlier than usual, on Tuesday, January 5, and that the works would open on January 4. !

BTUCK EXCHANGES.

The following sale is reported.:—Union Steam Ship £1 Is. other "Exchanges. ■ [Per Press . Association.]' - . ■ AUCKLAND.’December, 21 Sales:—Auckland Gas, 295; Taupiri Coat, 16s; Talisman Consolidated, 26s 9d; Occidental (con.), 4d. DUNEDIN, December 23. Sale—Union Steam Ship, 21s v 6d. MINING* . , OHINEMURI TAILINGS. ■ . [Per Press Association.] AUCKLAND, December 23.’ For tho four-weekly period ended' Decern* ber Ift. the Waih i-Paeroa Gold Extraction Company. Limited, treated 12,200 tons of tailings for a return of gold worth £4IOO. ■ ROSS GOLDFIELDS: [Per Press Association.] * WELLINfVrON, December 23. The Ross mine superintendent ‘ reports as follows on the wx>t!: for the week ended December 17:—No 7 Level—West,drive is out 228 ft from No. 7 plat. At the intermediate No. 2 winze the drive has advanced 32ft east, the value of the wash ’being from loir to fair grade. At 47ft south-east- of No. 2 shoot, No. 3 south-west , drive . was commenced and is now out 38ft in pay wash. Tho north-west blocking strip off No. 1 south-west drive was extended ten feet in pay wash, which continues to show low down, in the face.’ • •

Leo., 1914. Jan., 1914. d. d. d. d. Merino snper-' 12 to 13J 12 to 13} Medium to good . . 10 to 10} io to iij Inferior 74 to 9.} 75 to 95 Half-bred super . 125 to l&i 11J to 14 Medium to good . 105 to 12 • .10 to 11} Inferior . • 95 to 10 8 to 9 Cross-bred super . 10g. to 12 10 to ll} Medium to good . 6} to 10 8} to 10 Inferior .• • 7 to 81 75 to 85 Pieces, super 10 to 13 9} to 11J Medium to good . 7J to 91 7J to 9 Inferior . . 5 to Cl 5 to C5 Locks . . 35 to 6| 34 to G

CHBISTCHURCK. The following are yesterday’s quota* tiona :— Buyers. Sellers* £ s. d. £ s. d. BANKS- " Nationat of N.Z. New Zealand 5 5 0 15 5 0 “Union of Australia-. COAL— > , 52 15 0 .. i, ■ Weptport-Sfockton ,0 4 6. 0. 5 0 INSURANCEr. New Zealand fi 0 0 • 6 7 6 South British of N.Z. SHIPPING— Union Steam Ship . .4 6 G 1 1 > Union Steam Ship (pref.) 1 ,0 0 • WOOLLENSKaiapoi . , Kaiapoi (pref.) . 5 10 8 0 0 ■? , MISCELLANEOUS— N.Z. Farmers’ Co-op. 2 4 0 . . v