COMMERCIAL.

Mataura Ensign, 15 January 1914, Page 8

COMMERCIAL.

INVERCARGiLL WOOL SALES. The first wool sale of the season in Southland will take pines at lnvercargill to-morrow.' There are 0249.ba1es of wool catalogued for the salt 1 , d stributed among the various agents. 'lhere is a falling off in tho iiu"be>- ">f bales entered for the sale of 3500 as compared with the January sale last year. There has been a good deal of private buying among the Southland farmers lately, and that may account ior the d ffere;:ce in the entry for to-morrow's sale. In addition several consignments arrived too late for to-morrow's sale, and these will be carried forward to next sale. There is a general opinion expressed by farmers and agt.nts al.ke that the wool this season is much l.ghter, but-on the whole the quaLty is c .n-idered equal to that of former years. A number of woolbuyers arrived by yesterday afternoon's express, while the remainder reached Invercargill by last night's train from the North. Those who wore in town yesterday visited the local stares and viewed the various lots of wool set up there. England, Scotland, Germany, France, Switzerland, Japan and American nouses will be represented, while Dominion and locai buyers will also be in attendance. The following table shows the number of bales offered at the January sale of 1913 and the total for to-morrow's sale: 1913. 1914. Bales Bales N.M. and A. Co 3136 2338 Wright,. Step! onson & Co. 2784 1808 Dalgety and Co 1755 1280 N.Z.L. and M.A. Co. ... 1296 806 J. G. Ward and Co 1010 800 S. Farmers' Co-op 1047 655 J. E. Watson and Co. ... 830 786 Henderson and Co 602 618 J. R. Mills and Son 400 158 Totals 12,860 9249 BURNSIDE STOCK MARKET. PBB UNITED FBBSB ASSOCIATION. DUNEDIN, Jan. 14. At Burnsido were yarded. Prices showed a decline ef from 15s to 20s per head as compared with last week's rates. Best bullocks, £l3 to £l4 7s 6d; good, £ll to £l2 10s; best heifers, £lO to £11; good, £8 10s to £9 10s.

Fat Sheep.—23oo were penned, including several pens of extra prime. Prices generally snowed a drop of 2s per head from last week's rates, though extra heavy sheep did not suffer to that oxtent. Medium weights showed even a further decline. Prime heavy wethers, 23s to 24s 6d; extra prime, to 29s 6d; medium, 10s 6d to 21s 6d; prime heavy ewes, 21s to 245; extra prime, to 31s 3d : medium ewes, 15s 6d to 16s 6d. Fat Lambs.—3sß were yarded. There was good competition and prices were firm at last week's rates. Best, 17s 6d to 19s; extra, to 20s; medium, 14s (3d to 16s. ADDINGTON STOCK MARKET. I ?EB UNITED PEESS ASSOCIATION. I CHRISTCHURCH, Jan. 14. At the Addington live stock market there were largo entries of stock and a good attendance. The change, in the weather that set in during the forenoon came too late to affect the number of stock coming forward. Fat cattle showed a. further drop in prices, and fat -lambs were firmer by about a farthing per lb. Store sheep, which . were mostly hoggets, aleo sold well, and fat sheep maintained last week's prices. Pigs showed a slight improvement in prices. Store Sheep.—Best hoggets, 14s 6d to 16s; other average lines, lis to 14s; culls, 6s upwards; four and six-tooth wethers, 18s 6d to 18s 7d; others, 15s to 17s lid; two-tooth wethers, lis 8d to 12s 8d; cull two-tooth wethers, 9s 6d; two-tooth ewes, 14s 9d; merino wethers, 13s lid; merino ewes, 14s. Fat Lambs. —Tegs, 21s to 245, equal to 6d per lb; light and unfinished, 15s 3d to 17s. Fat Sheep.—Prime wethers, 21s to 24s 6d; others, 16s 5d to 20s 6d; prime ewes, 18s to 255; others, 13s Id to 17s 6d.

Fat Cattle.—Steers £8 10s to £11; extra, to £ls 10s; heifers, £5 17s 6d to £8 ss; extra, to £lO 15s; cows, £5 5s to £lO 12s 6d. Store Cattle.—Fifteen to 18-months' sorts, £2lss to £3los; two-year steers, £4; two-year heifers, £3 15s; dry cows, £1 10s to £5 9s 6d. Dairv cows made from £3 to £lO 7e 6d. Fat Pigs.—Choppers, 55s 6d to 85s; heavy baeoners, 57s 6d to 655; extra, to 725; others, 48s to 555, these prices being equal to 5Jd to s}d per lb. Heavr porkers. 43s to 465; lighter, 38s to 42s', equal to 6Jd to 6Jd per lb. Store Pigs.—Large stores, 38s to 41s 6d; medium, 30s to 375; small sorts, 22s to 295; weaners were easier, and realised 12s 6d to 16s; large sorts making to 225.

SJAALL NEW ZEALAND CLIP. BT ELBCTBIC TBLEGRAPH COPTEIGHT. PBB UNITED PRESS ASSOCIATION. LONDON, Jan. 13. The High Commissioner reports: The January sales hare commenced. Buyers are numerous and there is great competition between Homo and Continental dealers. Americans are not operating. Prices for all merino are fully equal to closing rates at last series and all crossbreds are Jd dearer, prospects are favorable for New Zealand new clip wool which is in small supply. Only 1200 bales of New Zealand aro catalogued. i ■Received January 15, 11.10 a.m. LONDON, Jan. 14. At the wool sales there was good competition for all qualities at opening rates, shabby merino occasionally barely maintaining the price. LONDON WOOL SALES. The New Zealand Loan and Mercantile Agency Company, Limited, is in jvoeipt of the following cablegram horn,

its London Office under date January 14:

There was a good attendance at the opening of the sains t-Mlay, competition by home and continental buyers being active, and prices aa compared with the close of proceeding sales ruled; in sellers favor for crossbred; merino unchanged. The opening catalogue* were fairly representative. WOOL IMPORTS. Messrs Dangety and Co., Limited, report having received tho following cable 'from thoir head! Wfice dated London, January 12: The imports of wool into tho London market for tho veer amounted to 1,034,000 bales. " 'Our own imports were 60,000 bales. The next largest importers were Sanderson, Murray and"Co. 50.000 bales, Bank of New' Zealand 47.000 bales, Union Bank og Australia 44,000 bales, bales, New Zealand Loan and MercanJames Morrison and Co., Ltd., 35,000 bales, New Zealand Loan and Mercantile Agency Co., Ltd., 33,000 bales, New Zealand and Australian Land Co. 32,000 ' bales, Australian Mortgage, Land and Finance Company 29,000. THE TALLOW MARKET. BY ELECTRIC TELJ'.GEAPH COPYBIGHT. PEE UNITED PEESS ASSOCIATION. Received January 15. 10.30 a.m. LONDON, Jan. 14. At the tallow sales 1421 casks were offered, 614 selling at 33s 6d! to 335. THE WHEAT MARKET. BI ELECTBIC TELEGBAPH COPTBIGHT. PEE UNITED PEESS ASSOCIATION. LONDON, Jan. 14. Cargoes are firm, threepence more being asked for. The American visible supply is 129,237.000 bushels.

X DUNEDIN WdOL SALE,

As the wool to be offered at the second local series of sales, to be held on Monday, will be coming forward right up to practically the commencement of the sale, it is impossible to state what the total number of bales will amount to (says the 'Otago Daily Times'). It is certain, however, that the bales forwarded will not compare favorably as to numbers with the second sale of last year, when 27,900 bales were catalogued. It is estimated, ia fact, that the total offerings on Monday will not be more than about 20,000. In view of the advance in prices which has taken place at Home ami at other sales in the Dominion, sellers are looking forward to satisfactory values being obtained op. Monday. Speaking generally, the wool is said to be in very good condition, and a full and representative attendance of buyers is assured.