FARMING AND COMMERCIAL

Manawatu Standard, Volume XLVI, Issue 102, 30 March 1926, Page 5

FARMING AND COMMERCIAL

THE WOOL MARKETS.

SALE AT WELLINGTON,

LEVIN AND CO.’S REPORT,

Messrs Levin and Co., Ltd., report on the 'Wellington wool sale:—Our offering was 5320 bales. Our catalogue was good and representative. Wo showed a quantity of merinos and halfbreds from Marlborough and Nelson, some super crossbreds suitable for America, a largo proportion of topmaking wools of good average stylo and character, and a small proportion of seedy and inferior wools from back districts. Bidding was keen, spirited and general. All buyers seemed eager to obtain wool at their limits, and the sale proceeded rapidly and with vigour, clearing 94 per cent, of the catalogue under the hammer. The merino offering met with demand from Bradford and the local mills. We sold 43 bales of the well-known “Richmond Brook” clip at 23d., which is the record for New Zealand for the season. Generaly, merinos sold at id to Id. advance on last sale. Halfbreds showed an advance of Id on last sale. Wo had had several lines of good halfbreds which met with general good competition from Bradford and local mills. The “Delta” clip from Marlborough reached 19d. for 56 bales and 18id. for 26 bales, and “Porthmear” from Nelson 6 bales at 19d. and “Leefield” from Marlborough 8 bales at 17d. and “Stanley Downs” from Nelson 17d. Super crossbreds (46/48s) suitable for America were not easy to find. The top price was “Tas/Fairfield” from Feilding, 14 bales at 15d., and 8 bales “Kaiwarra” brand (bin wool) 14d. Super medium crossbreds (44/465) for America were also few. Some sales were “Tas/Fairfield” 16 bales at 14$d. “JRF/Bloomfield” 19 bales at 14Jd., “Matahiwi/JH” 15 bales at 133 d., and “Kaiwarra” 26 bales 13|d. Super 40/ 44s realised as follows: —“Matahiwi” 25 bales 13$d.; “JRF/Bloomfield” 12 bales at 13$d.; “Kaiwarra” 29 bales at 13d. These sales represent the equivalent of last sale, taking quality and condition into consideration.

For average crossbreds of all grades, prices aro not quotably higher, as buyers were evidently on the same basis as previously, but tho keenness of the bidding made the running strongly in sellers’ favour, and brought out small advances in the prices. Shabby and inferior wools sold comparatively well, both Bradford and the Continent competing strongly. Bellies and pieces sold relatively better than anything else. France, Germany, Italy and local mills all participated in tho buying. Lamb’s wool shared in tho general competition, and sold on a par with February. 1 To sum up:—Merinos were $d to Id. up; halfbreds, id to Id. up; crossbreds all on par with tendency upwards; bellies and pieces, par to sd. up; crutchings and locks, par. The following are some of the results : Merinos—JMW, 6 bales, 16$d.; Stronvar, 32 bales, 16$d., 22 bales, 16$d., 3 bales, 15d.,; Richmond/Brook, 43 bales, 23d.; Glen-iti, 7 bales 18d.; Kaiwarra 5 bales 18$d. Down—JHJ, 3 bales 16d.; CEA / Pukenui, 4 bales 14$d.; Various, 9 bales 16d.; Kaiwarra, 4 bales, 16d., 4 bales 15d.

Three-quarter bred—Blue Mountain, 8 bales 13/d.; Delta, 4 bales 15$d., 9 bales 14$d. Half bred—Blue Mountain, 7 bales 16id., 5 bales 143 d., 5 bales 16d., 3 bales 143 d., 7 bales 133 d.; Delta, 56 bales 19d, 26 bales 18}d, 15 bales H 15$d; AD joined/Riverina, 16 bales ]6d; SWRB, 8 bales 14d; JW joined 4 bales 14d; 15 bales 14$d; Leefield/ Diamond, 8 bales 17d, 22 bales 16d, 10 bales 15$d, 4 bales H 14$; A/LH, 8 bales 183 d; Stanley Downs, 4 bales 17d, 11 bales 153, 4 bales 14$d; WTB, 5 bales 14}d; Porthmear, 6 bales 19d, 8 bales 15Jd; TEW, 3 bales 14$d; DK, 8 bales 14$; Glen-iti, 4 bales 16$d; GH, 6 bales 133 d, EG/W, 3 bales 13$d; SGW, 5 bales 13d, WHF, 11 bales 15d; WMW/Riverbank, 6 bales 14$d; Kaiwarra, 8 bales lojd, 17 bales 141 d, 18 bales 133 d, 9 bales 16$d; ZA/K, 10 bales ll$d; OllC/Arowhead, 7 bales 22d; AAS, 9 bales 12d, 9 bales lid, 5 bales 103 d. Crossbred. —AAS, 5 bales H 12d, 5 bales H lid; Weraiti, 21 bales 12$d, 10 bales llsd, 7 bales lid, 5 bales H 13d; JM/Taratahi, 7 bales 123 d, 3 bales 11 sd; JAP, 7 bales ll$d; SL-E/T, 7 bales ll$d; BLH, 9 bales 113 d, 12 bales lUd, 6 bales lid; ETM, 11 bales 12$d; JC, 10 bales 113 d; JS/KR, 10 bales 12jd, 3 bales 13$d; WTW, 7 bales llsd, 4 bales II 113 d; Matahiwi/JH conj., 15 bales 133 d, 25 bales 13$d, 8 bales 113 d, 10 bales H 14$d, 4 bales H 123 d; JWC, 10 bales lid; C&AWW, 17 bales 113 d, 4 bales H 12£d; Westella, 4 bales 123 d, 37 bales 113 d; Ekenui, 6 bales 123 d, 7 bales llsd, 6 bales lid, 3 bales H 113 d, 4 bales H llid; RA, 7 bales 12d; HHH, 5 bales 123 d; BEA, 12 bales 12d; HHA, 7 bales lid; ENN/K, 6 bales ll$d; LC/RF, 6 bales 113 d, 3 bales H 12$d; Konewa, 23 bales 133 d, 22 bales 123 d, 7 bales H 13$d, 6 bales H 123 d, 9 bales ll$d; Paparata, 18 bales lid; Blue Mountain, 9 bales 123 d, TM/H, 11 bales 13d, 4 bales 113 d; PHO, 5 bales 133 d; HLO/K, 11 bales llsd, 3 bales ll$d; XV, 9 bales ll$d; RC/4 over halfcircle, 7 bales ll$d; GB/Kia Ora, 8 bales llsd, 3 bales ll$d; Roselea/JDC, 9 bales llid; ARD, 20 bales 12d; U / Coldstream, 11 bales lid; DRD/Overton, 6 bales 13d, 3 bales H 14d; FJB, 8 bales 12d, 4 bales ll$d; AD conj./ /Riverina, 24 bales 113 d, 23 bales llsd,11 bales H 113 d; AJD, 4 bales llid; Nototara, bales 123 d, 5 bales 113 d, 3 bales llid, 3 bales H 123 d, 4 bales H 12d; APG, 14 bales 12d; AWA, 12 bales 13d, 11 bales 12d; AD/R, 11 bales 113 d; WR/The Cliffs, 3 bales 12d; WHR, 8 bales llsd, 3 bales 12d; WJS/F, 7 bales 12$d, 3 bales 13d; AIP/Teoliu, 4 bales Hid; —ever JP, 3 bales 113 d-; Pukete/JMK, 4 bales 13d, 21 bales 12$d, 3 bales llsd, 7 bales H 14$d, 4 bales H 13d; LNA, 6 bales 10$d; ZV/Wyeclif, 3 bales H lid; JNL, 6 bales H llid; RW over R m heart, 6 bales llsd, 3 bales H 12$d; EC/Monavale, 13 bales 113 d, 4 bales llid; Mataa Bay', 15 bales 12d; Marenui, 7 bales llid; O/SH, 8 bales llid; FK/C, 16 bnles ll$d; Boxhill, 11 bales ll$d; JR/M, 9 bales llid; WAR 8 bales ll$d; JMW, 11 bales 12d; JHP/ S, 23 bales ll$d; JLA/K, 5 bales H 12d; reversed KOK over Wl, 10 bales 113 d 24 bales lid; Taipari, 15 bales ll$d; Pukete/JMK, 13 bales 113 d, 10 bales 21d; JMK, 7 boles 13$d; FCF, 8 bales 13d, 11 bales 12d, 6 bales H 14d, 5 bales H 12d JHJ/ l 4 bales 13$d, 16 bales 12$d; CS, 13 bales llid; Maunga/Wliare, 11 bales A 13d, 8 bales H 12$d; 5 over— over M, 7 bales 123 d; shamrock over Hills, 4 bales 12d ; JK/K, 13 bales llid ; Forest/Hill, 13 bales 12$d; DXL, 6 bales 113 d, 5 bales llid; DR/TF/Ivybank, 6 bales 113 d ; V 6 over over K, 6 bales ll$d; JKK over —, 23 bales 12id, 16 bales ll$d; B/HH, 9 bales lid; JCM, 20 bales 13id, 14 bales H 12$d; WTB, 6 bales lid; HNK, 6 bales 13$d, 20 bales 12id, 6 bales llid, 6 bales H 12d; JAB/S, 5 bales lid; liighfield, 4 bales 12d; Tarata, 7 bales llid; 23, 5 bales llid; LG, 3 bales llid; Foresthill, 14 bales 13d; FG;N, 4 bales llid;

I—l, 5 Bales 113 d; B over quartercircle, 8 bales 113 d; H&CM, 4 bales 123 d, 19 bales 12$d, 10 bales 14$d; Kawa Kawa, 3 bales 12$d, 10 bales 12id, 11 bales llid, 5 bales 12d, 9 bales 12id, 5 bales 12.jd; AFB, 4 bales llid; Glen-iti, 5 bales 133 d; H&H, 12 bales 113 d, 6 bales llid; Rewa Rewa, 5 bales 123 d, 13 b a l es 12d, 15 bales 12d, 5 bales 12$d, 9 bales H 12d, 4 bales llid; T McG, 4 bales 13$d; Te Nau/S&S, 7 bales lid; NT, 7 bales 12d; JHJ, 3 bales llid, 17 bales llid; JRF/Bloomfield, 19 bales 14$d, 12 bales 13$d, 12 bales H 14$d; WHF, 6 bales ll$d; Te Ngaio, 11 bales lid; Maungawharo, 4 bales 133 d, 16 bales 13d, 3 bales H 13d, 3 bales H 12$d, 3 bales H 123d3 TUI, 5 bales 12d; Lisson, 41 bales 12d; TAS/Fairfield, 14 bales 15d, 16 bales 143 d, 3 bales 13$d, 3 bales 123 d, 7 bales 14d; TR./Rimu, 5 bales 113 d; 9H/Tarmon, 10 bales llid, 3 bales 12d; JBB, 9 bales 12Jd, 10 bales llid; Avondale/M, 7 bales 12d, 12 bales 113 d, 10 bales 12d; CEV/Dukenui, 11 bales ll$d; M. 7 bales 12d, 6 bales llid; Ardleigh/VD, 19 bales 13d; Kaiwarra, 6 fine 15d, 10 fine 133 d, 14 fine 133 d, 8 fine 14d, 3 fine 14d, 33 fine 123 d, 8 fine 13d, 36 fine 12-Jd, 26 medium 133 d, 35 medium 113 d, 3 medium llid, 8 medium llid, 29 medium 13d, 24 medium ll|d, 61 medium llid, 9 coarse llid. Lambs. —Ngamotu, 3 bales 12id; Matahiwi/JH conj., 7 bales 12id; Ekenui, 3 bales 133 d; Konewa, 8 bales 15d; DFE, 7 bales 143 d; KLO/K, bales 12$d: MCT, 3 bales 113 d: Tyne Hall, 4 bales 14$d; AIP/Teoliu, 3 bales 13d; Pukete/JMK, 5 bales 14d; HBRS/ Tane, 5 bales 15jd; EC/Monavale, 3 bales 13-id; JR/M, 3 bales 12id; JHP/ S, 3 bales 13$d; TT2, 4 bales 13id; K reversed OK, 3 bales 13d; over Maunga Whare. 4 bales 113 d; MB/t, 4 bales 14$d: DXL, 4 hales 14$d: JKK, 7 bales 133 d; —over JD/F, 3 bales 13$d; over PK/OTA, 3 bales 123 d... JAB/S, 4 bales 143 d, 3 . bales 133 d; Forest Hill, 4 bales 14-id; Opiki, 3 bales 133 d, 5 bales 123 d. 4 bales 12d; Stockwood, 6 hales 12d; BL/Makaraka, 11 bales 13d; CCH, 3 bales 12Jd; JHJ, 6 bales 14d; JM/P. 5 hales 133 d; Maungawhare, 4 bales 113 d; Lisson, 4 bales 143 d; TAS/Fairfield. 6 bales 14$d; WMWZ/Riverbank, 3 bales 12d; Avondale/M. 6 bales ll$d; Ardloigh/VD, 7 bales 13d; Kaiwarra, 13 bales 13id.

FROZEN MEAT MARKET. LONDON, March 27. Following are the latest quotations for frozen and chilled meats:— Sheep.—North Island, medium 6sd per lb; heavy, ssd. New Zealand ewes 4sd. Australian, firsts 4sd ; seconds 4sd. Lambs.—Canterbuiy, heavy 9sd. North Island, firsts 9sd; seconds Bsd. Australian, firsts, Victorian, Bsd; others 7|d; seconds, Victorian, 73d; others 7ld. Argentine, firsts, light 9d; medium, 8d; seconds 7sd. Chilled beef.—Argentine, fores 33d; hinds 6sd. Uruguay, fores, 3sd; hinds ssd. Others descriptions are unchanged in prices.—A. and N.Z. cable.

Dalgety and Co., Ltd., report having received the following cablegram from their London house under date 25th instant: —Lamb. New Zealand prime crossbred lamb, Canterbury, not quoted; North Island heavy, 9sd; light, lOd. Market is weak and looks like going lower; fair demand. Mutton: New Zealand Prime crossbred mutton, Canterbury, not quoted; North Island heavy, ssd; light 6d. Demand for New Zealand mutton runs principally on light weights: market is dull. Beef: New Zealand prime ox beef, hinds 4d; fores, 2sd. Market for New Zealand beef is nominal; demand is limited. Australian frozen meat: Good average crossbred lamb, light 8d; heavy, not quoted. Demand for Australian lamb runs principally on poorer qualities; market unchanged. Good average quality crossbred mutton, light 4sd; heavy 4d. Limited demand; market is dull. Pork: Prices are unchanged; demand continues. Levin and Co., Ltd., have received the following cable from their London agents, dated 26th March, 1926. Frozen meat quotations (prices on a “delivered” basis, i.e., including storage charges, cartage, tolls, etc.,): — Down lambs, 28/42’s, KRd per lb, best North Island 28/42’s lOd, ordinary North Island, 28/42’s 9/d, s'econd quality lambs, 9d. Best North Island wether sheep, 48/64’s, 6id, 64/72’s, 53d, ordinary North Island wether sheep 48/64’s, 6d. North Island ewes, 48/64 s, 4gd, 64/72’s. 4sd. New Zealand prime ox beef, 160/220’s 33d. As compared with last week’s quotations, sopond quality lamb is sd. per lb dearer and best North Island wethors 48/64’s $d per lb cheaper, beef id per lb cheaper; tho market is quiet but steady. The New Zealand Meat Producers Board lias received the following cable from its London office, dated 26t.1i March, 1926, advising Smitlifield delivered prices at that date as follows:—• (Prices for the two previous weeks aro also shown in parentheses) :—N.Z. wethers and maiden ewes: Canterbury quality selected brands (new season’s) 56/under 63 (63 63), 57/64 6$ (6$ 6i), 65/72 6i (6i 6s); other 'brands (new season’s) 56/under 6i (Gi 6s), 57/64 6$ (6i 6s/) 65/72 5$ (6 6). N.Z. ewes (new season’s): 64/under 4$ (4$ 4s). N.Z. lamb: Canterbury quality (now season’s) 36/under 10$ (10$ —), 37/42 10$ (10$ —), 43/50 9$ (10 —), seconds 9$ (9$ —); selected brands (new season’s 36/under 10$ (10$ 10§). Other brands (new season’s) 36/under 10$ (10$ 103) 37/42 10 (10$ 10§). Others brands, Ist quality (new season’s) 42/under 93 (9$ 9s) seconds 8$ (83 —). N.Z. beef: Ox fores. 3i (3$ 3s), binds, 4$ (4$ 4s); cows fores, 2$ (2$ not quoted), hinds, 3$ (3$ not quoted). Argentine chilled beef: Ox fores, 33 (3$ 3s;, hinds, 6$ (6$ 6). Argentine frozen beef, frozen pork, and frozen veal all not quoted. Lambs market is steady, consumption satisfactory. Mutton market is weaker owing to slow demand.

WEEKLY PRICES OF FAT STOCK

FOR EXPORT,

The New Zealand Moat Producers’ Board advises that the following prices were being offered on 26tli March 1926: Auckland; Prime woolly lambs, 36/under Bsd, 37/421bs 7sd, second quality, 7sd. Poverty Bay: Prime woolly lambs 36/under Bd, 37/421bs 7d, second quality 63d. Hawke’s Bay: Wethers, 56/ under sgd, 57/G4lbs 4sd, 65/721bs 4Sd, second quality, 4ld; ewes, 56/under 33 57/641bs 3sd. Prime woolly lambs, 36/under Bsd, 37/421bs 7sd, 43/ovor 63d, second quality 7sd. Wellington: Wethers, 56/under sid 57/641bs 4sd, 65/721bs 4|d, ewes, 56/under 33d, 57/64 lbs 3sd. Prime woolly lambs, 36/under 83d, 37/421bs 7|d, 43/over 7d. Canterbury: Wethers 56/under 6sd 57/641bs ssd; ewes: u/481bs 4sd, 48/641bs 4d. Prime woolly lambs: 36/under lOd, 37/421bs 83 43/ovor 73, second quality, 36/under 9d, over 361bs 73d. South Otago: Prime woolly lambs: 36/under 9d, 37/621bs 7sd, 43/501bs 7. Southland Prime woolly lambs: 36/under BJd, 37/421bs 7sd, 43/501bs 63d,