COMMERCIAL

Nelson Evening Mail, Volume LXVI, 16 April 1932, Page 2

COMMERCIAL

NAPIER WOOL SALES SMALL OFFERING PRICES UP SLIGHTLY 'By Telegraph—Press Association) NAPIER. This Day. A disappointing offering as far as quantity v.-as concerned, and prices up to id better than those ruling at the Wanganui sale earlier in the week, were the outstanding features of the fifth and final wool sab; of the season at Napier vosterday. Only 3764 bales wore actually submitted to buyers. The smallness of the quantity no doubt was due to the fact that sellers were not willing to meet the market at the prices ruling at the prosent time, while many ol those who gave instructions for wool to conic before buyers, found their reserve prices too high for buyers, with the result that a considerable quantity was passed. The range of prices was as follows: - Southdown average, s£d to 61(1. Medium hali'bred—average 6 l-4d to 7.U1. Coarse halflwd average 4jjd to Cd. Fine crossbred—super 6d to 6 ]-4d; average 4i!d to SLI ; inferior 2-j|d to 3-Ul. Medium crossbred-—average to 4id ; inferior Id to tFjd. Coarse crossbred —average 3d to 4d; inferior Id to 2Ld. Hoggets--48/50, 3XI to Gid; 46/43, 3 l-4d to 4id. Lambs—46/50 to 7^d; seedy and inferior ljd to 3d Necks—3d to s£d. Pieces—good to super, 3d to 32d; low to medium 2d to 3d ; seedy and inferior 1-id to 13d. Bellies—good to super 2d to 3 l-4d; low to medium Id to lfd. Crutchirigs—good to super 31,d ; low to medium Id to 2^d; seedy and inferior |d. Locks —crossbred id to Igd. LONDON WOOL SALES The New Zealand Loan and Mercantile Agency Company Limited have received the following advice from their London House, under datfe 12th instant.: Wool Sales.—There was a good attendance at the opening of the sales today, competition by Home and Continental buyers being fairly active. As compared with last sales closing rates prices are lower id per lb for scoured crossbred, medium greasy merino and greasy crossbred, and lower id to 1 per lb. for crossbred slipe. The opening catalogues were fairly representative DAIRY PRODUCE AND TALLOW The New Zealand Loan and Mercantile Agency Company Limited have received the following advance from their London House, under date 13th instant : Dairv Produce.—Butter N.Z. choicest salted‘loßs per cwt. (109 s to 110 s); very slow. Cheese, white 62s pa l ' cwt (635). Cheese coloured 63s per cwt (645). Market steady Tallow.—Fine mutton 24s par cwt. H7th March 24s 3d); good beef 25s per cwt (25s 3d); mixed 23s £>d (24s 6d). Messrs Samuel Page and Son report under date of the 14th instant: — Butter. —Market slow, quotations nominal. Danish 118 sto 120 s (116 sto 118 s); N.Z. finest salted 107 sto 109 s (108 sto 110 s); Australian finest unsalted 105 s to 107 s (106 s to 108 s); Australian finest salted 105 s to 107 s (106 s to 108 s); Australian G.A.Q. 102 s to 104 s (104 s to 106 s). Cheese.—Market slightly easier. Australian white 60s to 61s; coloured 61s lo 625. NZ. white 61s 6d (635); coloured 63s (645). Spot, price for Canadian white 68s to 72s (68s to 725); coloured 68s to 72s (68s lo 725).