COMMERCIAL
LONDON WOOL SALES,
HIGH COMMISSIONER'S REPORT,
The Department of Agriculture has received the fallowing cablegram, dated 2qd instant, from the High Commissioner for New Zealand, London:—
Wool sales closed yesterday. Large attendance of home and Continental buyers throughout; competition brisk and general. Compared with closing rates last series, super merino were 5; per cent and good shafty 5 per cent to 10 per cent dearer. Other sorts were unchanged. All grades of greasy crossbred were in -small supply, dosing generally 10 per cent higher compared with December, with exceptional lots of medium crossbred frequently 15 per cent. Only a small quantity of sliped offered, -which advanced. 7-J per cent. Average closing rates were: —6O/64's super, nominal 2/4 to 2/6 per lb, average 1/9 to 2/1; 56/58% nominal 2/3 to 2/6; 50/56’s, 2/ to 2/3; 48/50 'ls, ,1/9 to 1/11; 44/46’s, 1/7 to 1/8; 36/40's, 1/5 to 1/6. Of total Colonial offerings, 88,000 bales were sold —51,000 for export, including 2500 for America. 'Market closed very firm, with all sections of trade buying. Next series commence ’ 13th Miarch.
FROZEN MEAT. Messrs Dalgety and Company, Ltd., report having • received the following cablegram from their Loudon house, dated February 2:— The market is quiet. Quotations unchanged. N.Z. North Island lamb id less. Pork 800/1001b average offerings at 7id without finding buyers. MEAT FOB EXPORT. LATEST RULING RATES. i ■■ ■■ - * WELLINGTON, This Day. The New Zealand M( ea| t Producers’ Board advises that the following prices were being offered for fat stock for export at February 3, 1928: Poverty Bay.—Prime woolly lambs, 361 b and under Bd, 37 to 42 7£d, 431 b and over 7d; second quality lambs, 7d, Hawke’s Bay.—Prime woolly lambs, 361 b and under 9d, 37 to 42 and over 8d; second quality lambs, Bd. Wellington.—Prime woolly lambs, 36 lb and under Bd, 37 to 42 B}d, 431 b ami over SJd; second quality lambs Bd. Canterbury.—Prime woolly Jambs, 361 b and under 9M, 37 to 42 9d, 43 lb and over Bfd; second quality (lambs, j Bsd. —Press Assn,
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Bibliographic details
Northern Advocate, 7 February 1928, Page 10
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340COMMERCIAL Northern Advocate, 7 February 1928, Page 10
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