LONDON WOOL SALES.

Manawatu Standard, Volume LV, Issue 195, 17 July 1935, Page 5

LONDON WOOL SALES.

A SPIRITED AUCTION. Lovin and Co., Ltd., have received the following cable from their London agents dated July 15: —The auctions aro proceeding with great spirit. Opening rates fully maintained, particularly for Merinos, which are in favour of sellers. Competition rather more general. The following prices aro current: —Merino: Super, 14d to 16d per lb; average, 13d to 14d. Fine halfbred: Super 56/58’s 13d to 14d; average, 12d to 13d. Medium halfbred: Super 50/56’s lOld to Hid; average, 9id to 10jd. Extra fine crossbred: Super 48/50’s, Bid to 8 3-4 d; average, 7 3-4 dto Bid. Fine crossbred : Super 46/48’s 7 3-4 dto B|d; average, 7id to Bd. Medium crossbred : Super 44/46’s 7id to 7 3-4 d; average 7d to 7jd. Coarse crossbred: Super 40/44’s 7d to 7jd; average 6id to 7d. Low crosbreds: Super 36/40 s 6 3-4 dto 7id; average, 6id to 6 3-4 d. Pieces sid to 61d. Bellies 4jd to sd. Locks, 3 3-4 d to 4id. AUCKLAND SHOW PIGS. JUDGING RESULTS. Results of the judging of pigs shown at the Auckland A. and P. Show and then sent to Smithfield market have been announced. Commenting on the pigs, the judges said they were a very mixed parcel of porkers. Some were too fat, others too lean. The dressing was good. The order of prize-winners was as follows: —Mr Graham Fieldhouse, Palmerston North, 1; Mr W. S. Miller,, Auckland, 2; Messrs Bell Bros., Tamaki, 3. The judges remarked that Mr Fieldhouse's pig was well shaped, with the fat evenly distributed. It was full in the leg, and altogether ideal for the Home market. Mr Miller’s entry was also a good pig, but inclined to fall away in the hindquarters. Messrs Bell Bros.’ exhibit was described as being a good pig, and it was some time before the judges gave Mr Miller’s pig the precedence. WELLINGTON MARKETS. FRUIT AND VEGETABLES. WELLINGTON, July 16. Prices of fruit, vegetables and other produce in the Wellington markets this week are quoted as follow: — Fruit. —Apples, Rome Beauty, 6s to 7s bushel; Ballarats, 7s to 8s; Jonathans, 6s 6d to 9s 4d; Delicious, 6s 6d to 10s; Granny Smith, 7s 6d to 9s 6d; Stunners, 6a to 8s 6d; Washington, 7s to 8s 3d; Doughertys, 6s to 7s. Pears: Winter Coles, 8s to 9s three-quarter case; Winter Nelis, 6s 6d to 7s 6d; Vicars, 6s 6d to 7s 6d; P. Barry, 6s to 7s. Tomatoes: Hothouse, Is to Is 3d pound. Lemons: Cured, 8s to lls bushel; others, 5s to 7s. Poorman oranges. 4s to 4s 6d ‘ bushel. Passions, 20s to 25s half case. Vegetables.—Leeks, 9d to Is 4d bunch. Marrows, Is 6d to 2s 6d banana case. Pumpkins, full sacks, 5s to 7s sack. Cabbage, large sacks, 12s 6d to 15s sack. Cauliflowers, largo sacks, 10s to 12s sack. Lettuce, 4s to 7s banana case; others, Is 6d to 2s 6d. Spinach, 2s to Bs. Parsnips, 5s to 7s. Carrots, 4s to 6s. Beetroot, Is 6d to 2s. Swedes, 3s to 4s. Celery, 2s to 5s dozen heads. Rhubarb, 7s to 15s dozen bunches. Potatoes: Prime Sutton’s, 9s 6d to 10s 6d owt; Dakotas, 9s 6d to 10s cwt. Onions: Prime, 13s -to 15s cental bag. Kumeras, 5s to 6s sugar bag. Eggs.—Fresh lien’s, Is 6d dozen; medium, Is 4d dozen. Honey, fresh, in sections, 5s 6d to 7s dozen sections. Walnuts, fresh, 4d to 7d pound. • AUCKLAND MARKETS. AUCKLAND, July 16. A sharp rise in potatoes has occurred since the last report, and at the moment merchants’ stocks arc scarce and they are asking £lO 15s per ton through store. The Waimarino brought 5000 sacks yesterday, but these aro mainly on account of southern consignors, who, relying upon the firmness of the market in tho south, are not offering them freely. A small shipment of Californian now season’s onions arrived at tho week-end and are now being distributed. They oponed up in first-class condition, and dealers willingly pay a premium over Pukckoho offerings. Prices are: Pukekoho. 18s 6d per cwt; Californian, 19s 6d to 20s per 1001 b bag-. TJjero has boon no change in tho price of horse feed, B Gartons being quoted at 4s 4d per bushel and chaff at £7 12s 6d to £7 15s per ton. The Waimarino brought tho first shipment of wheat released by tho Wheat Board at tho reduced price. Stocks hail boon allowed to run low and tho demand is excellent at about 5s 7d per bushel through store. Maize is offering a little more freely, but the market is bare and tho thousand sacks which came up by scow from the Bay of Plenty yesterday were quickly distributed. Old is quoted at 4s 7d, and new at 4s 6d per bushel. CASEIN MARKET. LOWER PRICES EXPECTED. The Dairy Board, following a number of inquiries recently regarding the casein market, havo just received tho following cable advice from their London office: United Kingdom.—There is little demand and prices are weak. Production of casein in tho United Kingdom is unimportant. . . Germany.—-This country is tho dominating factor in the position, and ha 3 been tho main outlet for New Zealand casein for some timo. Exchange restrictions, however, aro making the business extremely difficult, and business is. temporarily at least, practically on tho barter system, although permits are also necessary. Germany also is endeavouring to use substitutes. London considers that Germany probably lias ample supplies at tho moment, but that this position may change quickly. Generally, the German position is very uncertain. United States.—ls importing practically nothing, and is slightly increasing her production. . . France. —Demand is fair, with stocks and production normal. Spain.—A restrictive quota is affecting sales in this country. Argentine. —Stocks aro higher and the market is weak, as Argentine also is mainly dependent on the German market to tako her casein exports. Denmark, Norway and Sweden. —Lower prices aro keeping these countries out of production at the moment. In general the London office sums up the position as pointing to lower prices. The London office does not mention the Japanese market, but it is understood that Japan is not buying at the moment.