ON THE LAND

Manawatu Standard, Volume XLIV, Issue 1180, 1 December 1924, Page 2

ON THE LAND

ANOTHER ADVANCE IN WOOL. SALE AT CHRISTCHURCH. PREVIOUS RECORDS BEATEN. CHRISTCHURCH, Nov. 30. At tho opening wool sale of the season in the South Island yesterday, there was a catalogue of 11,477 bales. The hulk was half bred wool, but there was a fair showing of Plains crossbred. There was little merino forward. The offering generally was well grown and sound, but a good proportion was dusty, particularly the Plains wool. There was a record bench of buyers (90). Values again soared and all existing records were beaten. There was the keenest possible competition, particularly by Bradford houses, which secured practically two-thirds of the offering. Local mills and America secured the bulk of the balance, with occasional lots of coarse crossbred and pieces going to Continental buyers. Eellmongering lots were too much in tho air for local scourers. The biggest part of the halfbred catalogue was sold at prices in excess of Inst year’s records. The bulk of it made from 32d to 37d, whilst 40d was reached on several occasions, the highest figure being -12Jd for Pahau Pastures wool. This was the highest price of the day. Very few lots of halfbred made less than 30d. Corriedalo was to 41 id, three-quarter bred averaged from 2Gd to 3()d, tho top price being 845(1. s Crossbred averaged from 2-Id to 2Gd. the top being 30Jd. Very little sold at under 20d. Pieces sold at very high prices. Halfbred made to 313 d, merino to 80d, Corriedale to 303 d, and crossbred to 22d. These were extreme prices, but from 24d to 27d for halfbred was a general figure. Fine erntchings made to 23id, and crossbred to 15)d. Halfbred locks made to IS.id and halfbred bellies to 2nd. The best Southdown price was 32;fd. A lot of Rveland made 31d, Leicester 24;]d and Lincoln 19d. There were only about a dozen lots passed. When the first was passed at a good price, the buyers would not listen to the rest of the clip being offered. This probably had a salutary effect on the vendors whose ideas are up in the dress circle. COMPARISON WITH FEBRUARY. A comparison with last year’s values is to a large extent approximate. The final Christchurch sale was in March when a small shabby earthy catalogue of 18UU bales was offered. There was a pronounced rise then, but that and Yesterday's catalogue are so dissimilar that the February offering provides a better comparison. On ibis sale, Saturday’s prices were up to (id to 8d per lb on all classes excepting merino, the advance in which was about od. Fine pieces were not up to much. Coarse fleece and piece wool showed fully 75 per cent, advance on the November auction of last year. Of the wools that can be classified with recent North Island offerings there was a rise of quite 2d per pound. Most of the halfbred buyers calculated that their purchases were at from £45 to £SO a bale. THE RANGE OF PRICES. The range of values is as follows: Merino: Super 34d to 3Sd, medium 30d to 33d, inferior 27d to 29d. Halfbred : Extra super, 40d to 42jd, super 36)d to 39d, medium to SGd, inferior 28)d to 32d. Corriedale: Extra super 40d to 41Jd, super 36d to 38id: medium 32d to 36d, inferior 30d to 313 d. Three-quarterbred: Extra super to 343 d, super 28id to 30 jd; medium 2od to 28d; inferior 221 d to 24jd. Medium crossbred: Extra super to 30kl, super 25jd to 28d, medium 23d io 25d, inferior 20d to 22Jd. Coarse crossbred: Super 22d to 24 Id, medium 20i-d to 22d, inferior 17d to 20d. Merino pieces, 25Jd to 31d, halfbred pieces 25Jd to 31£d, Corriedale pieces 25|d to 303 d, crossbred pieces 15d to 22Jd. Merino locks to 19£d, halfbred locks lod to 18Id, crossbred locks lljd to 15d. Merino bodies 21d to 241 d, halfbred bellies 18d to 25d, crossbred bellies 12d to 18d. Crutchi 11 gs : Good 18Jd to 231 d, medium lid to lGd. WORLD HUNGER FOR WOOL. AUCKLAND, Nov. 29. The first wool sale of the season in Auckland, which will be held on Friday, will establish a record in the quantity offered compared with the corresponding sale of any previous season. The catalogue for the sale closed yesterday, and though the exact figures are not vailable, reliable estimates fix the offering at over 18,000 bales. This is approximately 6000 bales in excess of last season’s catalogue for the first sale, when the record catalogue of 11,994 bales was offered. There has been an unprecedented rush of wool to the brokers’ stores during the last fortnight, and the work of classing and preparing it for the market is proceeding at a feverish pace. The substantial increase in tho offerings is no doubt largely due to the great prices realised at the Wellington, Napier, and Wanganui sales. The appears to be a world hunger for wool, said a prominent broker, and no standard lias yet been established on which to base an estimate of any clip within pence per pound of what it may realise under the liammor. The quality of the Auckland clip this year is better than usual. Brokers state that the catalogue for the coming sale will comprise the best offerings of wool ever shown in Auckland. Crossbred, as usual, will predominate. and the quality is excellent. There will also he a good percentage of finer wools, the production of which is increasing in the district. The offering is stated to bo such that the keenest competition is expected in all classes, but it is admitted that while prices will he high the standard of values may be uneven. It is expected that the bench of buyers will bo the largest yet seen in Auckland, and will include representatives from all the wool-con-suming countries of the world. SHEEP-SKINS, HIDES AND TALLOW. The fortnightly sale of sheep-skins, hides, and tallow was held at Wellington on Friday, when a good catalogue was offered, to a large attendance of buyers. Sheep-skins : These, in sympathy with the. wool market, were in keen denmul. and a rise of 2d to 3d per lb took place on dry skins. _ Salted skins wc/i also- in good demand, prices being un &1 to Is per skin. Hides: These showed n much better tone, and sound h’des were up Ad on last sale’s prices. Tallow: If anything, prices were a little fiT-mer. The following gives the range of price* s realised :— Sheepskins: Halfbred. 21d to 234(1; fine crossbred. 19W to 23d : reedium conr°e crossbred I7?d to 20? d : short to half wools, 14L1 to IfUd: In mb*, to 23 Ad: dend and damaged crossbred. to 18A.d: inferior and bndlv damaged!. 8d to i6£d: pelts 9Ad to 15id: damn. sMted j and sroon. 10s to 20s 6d • nelK oHerl. 3ft Gd i-ro 5* lid; In mbs. 2" 14?. H fries : 1 On. evtra Hoavv 8?d to 82d : benvv. 7d 1 St) ; medium, 7£d to 8d : light, s£d to 7dj

cut, Blippy and inferior, 4d to 7Jd; cow, heavy, 6£d to 6fd; medium, s£d to 6gd; light) ’s3d to 6gd; cut, slippy and inferior, 3 id-to sld; bull, stag. 3*)d to 4j,d ; yearlings heavy 6d to llid; yearlings, s£d to Bijd; calf, superior, 14Id to lOd; medium good, md to 15d ; damaged, 4d to 13Id. Tallow : In casks, 35s 9d to 38s: in tins, etc., 28s 6a to 34s 6d. Horsehair, 18£d. JERSEY BULLS PURCHASED. SECURED FOR NEW ZEALAND. Mr C. E. Robertson, the well-known New Zealand dairy cattle judge, purchased while in North America two Jersey bulls for New Zealand. One of_ the bulls was the famous herd sire You’ll Do’s Victor, heading the herd of AmericuVs greatest breeder Mr T. S. Cooper. .Mr Cooper sold this bull two years ago for. a sensational p,-i ce but within a short lime purchased him ’ back, lfis oldest daughters have since won the greatest honours ior their years passible in America. Three of his daughters from different dams ill the past two years have won the 1922 junior championship at the Eastern States Exposition (beating there the heifer which won both the American national junior and grand championships),, junior championship at the American National Dairy Show of 1923, and first prize at such great shows as the South Eastern States Fair, the New York State Fair, and the Michigan State Fair. The sire of this bull, in Oxford You’ll Do, has world wide endorsement as the most notable bull in the history of the Jersey breed. You’ll Do’s Victor is brother also to Oxford Wexford Spot, the highest producin'" buiior-fat cow bred on the Island of Jersey, with a record of 953!b butter-fat in 365 days, and she is the dam of the undefeated grand champion bull of America for the past three years. You’ll Do’s Victor is destined for tho herd of Mr If. Sidway. Mr Robertson has no authority to disclose the purchase price. Tho second bull selected i- n prize-win-ning yearling at the recent American National Dairy Show, son of the world’s record priced Jersey bull. Sybil’s Gamboge. -=old at Auction in 1919 for the sum ot 65,000 dollars.- Less than a year ago Sybil sGamboge was resold at the age ot ton years for £15,000. but was lost, through an accident a few months ago. Owing to the success of the Majesty line of breeding, in New- Zealand, Mr Robertson wus very anxious to secure u sou of thi»s bull, as he lias lio fewer than'four crosses of Majesty blood. This bull is expected to prove a great winner and sire in New Zealand. His full-brother won second prize at the American National Dairy Show last year, and has three sisters are all of exceptional type, [lis dam already has a record as a heifer of 61olb butter-fat-, und an average test of over 6 per cent for the year. She is twice descended from the world-famous £IOOO cow of Jersey Island, in Cowslip 16th, und from Golden Maid’s Prihre, three of whose granddaughters, inspected by Mr Robertson, will shortly have completed records averaging for the I year at least 10001 b butter-fat. This bull was selected and purchased for the joint ownership of Messrs \V. T. Williams (Pukehou, Hawke’s Bay) and S. J. Goulter (Merriwee, llaumoana).

DAIRY PRODUCE. Dalgety and Co., Ltd., report having received the following cablegram from their London house under date ot the 2/th inst.—Butter: Fair demand for New Zealand finest. We quote New Zealand salted 210 s (2065), New Zealand exceptional brands 212 s (208 s); Danish 240 s (2165); finest Australian salted 196 s (186 s), unsalted 200 s (1925). Cheese: Market quiet. New Zealand white 91s and coloured 90s (90s) ; Canadian e.i.L quotation 88s (91s 6d). (Last week’s quotations are given in parentheses). FROZEN MEAT MARKET. Dalgctv and Co., Ltd., report having received the following cablegram from their London house under date of the 27th inst. : Lamb: New Zealand prime crossbred, Canterbury heavy 125 d, light 13d; North Island heavy 12R1, light 13d. Demand for New Zealand lamb has been checked by increased prices asked, market firmer.' Mutton : New Zealand prime crossbred, Canterbury heavy and light not quoted; North Island heavy Bd, light B£d. Demand for New Zealand mutton continues, market very firm. Beef: New Zealand prime ox, hinds aid, fores 4£d. Good demand for New Zealand beef, market firm. Australian frozen meat: Good average quality crossbred lamb, heavy not quoted, light, 12ijd. Good demand for lamb. Australian mutton not quoted. Levin and Co., Ltd., have received the following cable from their London agents, dated 23th November, 1924:—Market quiet. As compared with last weeks quotations prices are unchanged. Trude dull. The New Zealand Meat Producers’ Board has received the following cable from its London ofliec dated 23th November, 1924, advising Smithfield delivered prices at that date as follows: —New Zealand wethers and maiden ewes. Canterbury quality, selected brands, 561 b and under, 9d; 57-64, 9d ; 60-72, Bid ■ other brands, 561 b and under. 8 4 d; 57'-64, 84d; 65-72, 8R New Zealand ewes, 641 b and under, 7ld. New Zealand lamb, Canterbury quality. 361 b and under, 13R1; 37-42 131 d; 43-50, 123 d ; seconds. other brands, Ist quality, 421 b and under, 13d. New Zealand beef: Ox fores. 4yd: hinds, sad; cow, fores and hinds, not quoted. Argentine* chilled beef: Ox fores, 4id; hinds 6gd. Argentine frozen beef: Ox fores, 4ga; hinds. 6d. Frozen pork, 80-1201bs, 9d; 120-1801'bs. Bid. Frozen veal, 4)d. , _ CANTERBURY PRODUCE MARKET. CHRISTCHURCH, Nov. 28. Rust has developed to some extent in the wheat crops, but the strong north-wester to-day will arrest its progress. Present indications are that- splendid yields per acre will be obtained, but- the area is understood to be little if uuv larger than that of last year. No offers have yet been made but--7s a bushel is mentioned as the probable price which, however, is largely dependent Oil the cost of Australian-landed flour. A bumper crop of oats is assured. Forward business i 3 on a basis of 3s 7d, f.o.b. S.I. , . Cocksfoot values remain unchanged—l3d for machine dressed. A much smaller area has been closed upon tlie Peninsula, the price of wool, lamb and dairy produce and the high cost of harvesting cocksfoot driving old-established growers into more remunerative channels of industry. The yield on the area closed will be good, but it is practically certain there will be a further decline on gross production. As Danish cocksfoot cannot be landed under lid, and Akaroa is from Id to 2d better and the carry-over is small, good values seem assured. The reverse is the ease with ryegrass. There is a big area of excellent crops in tho country, and the carry-over is much heavier than anticipated. A cause of this was the verv high values ruling throughout the season, ‘which hud a harmful effect on consumption. ’lhere is a good deal of ryegrass in* stock on which holders will probably lose 2s a bushel. Quotations for new season’s crop are up to 5s 6d f.o.b. 5.1.. or from 3s 3d (o 3s 6d to farmers. Cow-grass is very firm—for good stuff up to 130 s per cwt. f.o.b. for export—but there is little good stuff about. Values to farmers are up to lid a lb. , , There is a little inquiry for white clover on a basis of 225 s a cwt. for good quality, but there is littH of quality; to be had. Potatoes are ijuolec! at Lo 10? f.o.b. S.I. for early months. There is little business d °The' chaff market is likely to come back | now the ' utting is about to commence, ihe j oat season is early this year.