COMMERCIAL.

Manawatu Standard, Volume XLI, Issue 9066, 9 November 1909, Page 3

COMMERCIAL.

STOCK MARKET. Dalgety and Company. Limited, report:—At Wanganui, on the 3rd inst., we had a heavy yarding of 800 cattle and 700 sheep. There was a good attendance. Prices, if anything, were easier, but we made a satisfactory clearance, only a few pens going out unsold.

At Waverley on the sth inst. 325 cattle and 800 sheep came forward. Competition was dull and sale dragged at times. We cleared the bulk of the yarding. Quotations,:— Wanganui: Mixed fat and forward sheep, 15s 6d; fat shorn wethers 11s 10d, fat shorn ewes 10s 4d, mixed age ewes and lambs 17s 6d, cull mixed age ewes and lambs 12s 6d, dry ewes 7s 3d to 11s, forward 3-yr bullocks £5, £5 Is, to £5 6s, 3i to 4-yr store bullocks £5 Is, 3-yr store bullocks £4 11s to £4 16s 6d, rough store bullocks £4 to £4 3fi, good 2 to steers £4 4e, 2-yr steers £3, £3 *3s 6d, £3 7s 6d, to £3 17s 6d, yearling steers £2 6s to £2 10s, rough yearling steers £i 10e to £2, forward empty heifers £3 16s, empty heifers £2 5s to £3 0s 6d, small yearling heifers £1 13s 6d to £1 17s 6d, mixed yearlings (small), 29s to 29s 6d, store cows £2 Is, £2 lOe, £3, to £3 10s 6d, speyeel heifers £2 18s to £2 19s 6d, springing cows £4 10s to £5 10s, springing heifers £3 5s to £4 10s, heifers (calved), £4 17s 6d, light fat cows £4 9s, bulls £2 to £2 10s, stags £2 2s. Waverley: Mixed hoggets 13s 3d, young dry ewes 14s 7d, cull ewes 7s Bd, 4-th Romney rams 30s 6d, fat and forward cows £4 36, forward store cows £3 5s to £3 5s 6d, store cows £2 6s to £2 15s 6d, 3-yr steers £4 12s to £4 12s 6d, yearling to 18-mos steers £2 9s, cull yearling to 18-mos steers £1 15s, 2-yr empty heifers £3 6s to £3 10s, good yearling heifers £2 12s, springing cows £5 10s, backward springing heifers £3 ss, yearling bulls £2 Is to £2 15s 6d.

THE WOOL MARKET. Dalgety and Co., Ltd., report under date, London, Sept. 24, 1909: The fifth series of colonial wool sales for the current year opened on 21st inst. Shortly after the close of the July auctions it became apparent that < users, both at Homo and on the Continent, were none too well supplied with raw material, and as the result of private sales some, 1000 or more bales were clearod of the quantity carried forward at the close of last safes. During the past month the market has continued to harden, and recently the improvement, which commenced with merinos and fine crossbreds, spread to the lower qualities, so that it seemed certain that an all-round advance would bo registered when the serieo opened, especially as the quantity to bo offered was so very moderate. Buyers arjived in large numbers for the first sale, including an unusually large contingent from the United States, considering the small quantity of wool to bo offered likely to suit their, requirements. The selection on Tuesday was indifferent, the catalogues being largely composed of New Zealand sliped wools, merinos being very poorjy represented. Competition, however, was good, and practically every lot wis cleared, prices when compared with July closing rates showing the following variations:—Merinos, 10 per cent, dearer ; fine crossbreds, 10 per cent, dearer ; medium and coarse crossbreds, 10 to 15 per cent, dearer. With a better selection of merinos on Wednesday and yesterday, it was possible to form a more accurate opinion of the improvement in these descriptions, and we now quote an average rise of 10 to 15 per cent., though frequently the best lots of scoured do not show more than 7 2 per cent, rise, while tho medium qualities are often more than 15 per cent, dearor.