COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 15167, 5 December 1912, Page 5

COMMERCIAL.

i-i LONDON WOOL SALES.

'' , ■» I»leP'*pt , - — Association.—Copyright. " ;/.■ London, December 3 kxoov selection was offered at the wool l2 to-day. Thero was a epiritod Continental demand for fine-haired wools. Prices , "rtfl firm, crossbreds being very strong. i (Revived December 4. 10.5 p.m.) ;/,' London, December *. ■At the wool sales yesterday tho Goar clip alised an average of 12Jd, the top price being -15d. _ ADA XCK IN" PRICE OF BUTTER. v.-. liOXDON, December 3. Butter i* firm at an advance of 2s. Tho jJorca's cargo is clearing well. COMMONWEALTH ITEMS. Snteudid rain* have fallen in Queensland, j tjbo wheat crop may now bo written nto '0 J* ,r con *'- Agricultural and jiJrvina prospects were never bettor; tho Swatcr part of the St ato -is again right til the regular wot season comes. Tho „«3 and fodder crops have como on very Smdlv, and the cream supplies are getting up to "summer quantities a good deal earlier ihan usual. . . Speaking generally, th.> monetary position ..Queensland is somewhat easier, and that has been emnhasised by tho better terms ■Men the Queensland Government has been ibl« to obtain in tho English money market Spared with other States. . The outlook for the crops in South Australia i* Appreciably better than it was a month ago-' According to a brief preliminary «limate bv the Government Statist, a yield of about '19 million bushels is probable. Though less than last year, it is much better than the most optimistio believed possible it the beginning of tho month, and conseoiientlt conditions in trading circles have undergone a favourable, change. The effect is also apparent in a sense of relief in financial circles. , *. _»• On the whole, the agricultural and horticultural prospects of West Australia are very encouraging. A "dry snap" in August seriously affected some of the crops in the dry areas • but on tho whole a bountiful cereal harrest mav be expected. Tho pastoral interest is suffering tho effects of a disastrous drought, which has caused damage, estimated by the chairman of the West Australian Bank at from 20 per cent, to 50 per cent, during the present year, and this loss wit be reflected in the wool clip from the depicted flocks. Usual trading operations are fairly brisk.

INCREASE IN PRICE OF LEATHER. Owing to the still increasing cost of hides »hich are now selling at phenomenal Prices, the New Zealand tanners have been compelled to again advance tho price of leather by one penny per pound, Is 6d per aide, and one-halfpenny per foot for if chromes. _________«•»—. PROPERTY SALESThe Dudley Estate, on tho main Titirung] Bead. New "Lynn, was yesterday submitted to Motion by Messrs- Samuel Yaile and Sons. The attendance was good, and bidding fair. The following is a list of tne sales by auction and in the room after-wards-.-Lot 4. £59; lot 6, £49 10s; lot 3. £58 10s; lot 1, £60; lot 41. £46: lot 42. £46; lot 7. £45; lot 5. £50; lot 2, with fourroomed house. £525; lot 8. £45; lot 13, £42 f, -lot 9. £45. lot 36. £42 103. Most of tho allotments are a Quarter of an acre, or a > [little oror. . 13 • At Mr. Raymond Sheaths auotion yesterday. 160 acres at Mangonui was sold at 24s per acre. A residence opposite the tennis worts, Paniell, was withdrawn at £950. STOCK SALES. AUCKLAND. The New Zealand Loan and Mercantile Agency Co., Ltd-, report:— ' _ j Owing to the Agricultural Show no sale was held at Westfleld and Albert Yards last Thursday and Friday. - • At Papafcura Yards on Monday we held a Ipeoial dairy sale. There was a. good jwdine of dair*- cows and balls, and prices *««•'■ lower than recent sales. Best dairy wis ana heifers close to profit sold at from £1 Mb to £9 12a 64. others more backward ioW*t from £5 to £7 sa. aged and inferior sorts £2 10s to £* 15s; bulls, £3 to £7 17s M; beef sold at Westfleld rates. . it Papakura Yards on Tuesday we held '»r usual monthly sale. There was a full Turfing of stock of all descriptions. Grown steers declined in prices, and were hard to quit; other stores sold at late quotations. Grown steers £7 7s 6d to £7 15s. three to four yes r old steers sold at from £5 17s 6i.ta £& 12a 6d. two to three year old steers £4 15a to £5 15s, yearlings to twoyttrwld £3 to £4 17s, empty cows £3 10s to £5 ss, empty heifers suitable for dairy purposes £3 18s to £5 10s, good steer calves £2 to £2 Bs, others (mixed sexe9), 20s to 38e, bulls £3 to £8. Dairy cows sold at late rates. i' At Westfield Yards on Wednesday fat cattle cane forward in usual numbers, and sold at fully last week's rates. Best oxen sold to 27s per 1001b, others 24s to 26s per 10Kb; cows and heifers, 19s to 25s per lOOlb; steers sold at from £8 to £13 12s 6d, cows asd heifers £4 15s to £8 ss. The first prise three-year-old steer at the late show, sold oil Mr. £. Allen's, Cambridge, account, realhed.£l6 15s. and was bought by Mr. G. O. Knight. Newton. The veal pens were well filled, and sold at late rates. Heavy vealers sold to £3 15s, medium weights £2 to £2 15s. others 20s to 355, smaller and fresh-dropped » to 15s. Sheep came forward in larger numbers than usual, and cold at slightly improved rates, with the exception of ewes, which sold at late quotations. Best shorn wethers 19s 3d to 20s 6d. others 13s 6d to nssd; best ewes, shorn 14s to 16s 9d, others us to 13a; ewes in wool sold to 23s 6d, hoggets lis to 15s. A pen of five wethers. Property of Mr. P. Sutton, second prizetaker for butchers' purposes, realised 26s M, and -were bought by Mr. Thos. Barter, ronsonby. Spring lambs came forward in foil numbers, and sold at an advance from «to2s a head. First-prize Leicester lambs, the property of the Department of Agricul- *■**. realised 17s 6d : second-prize, property wjiwers. Lichtenstein and Arnoldson, realJJJd 17s. First-prize crossbred lambs, property of Messrs Lichtenstein and Arnoldson, realised 17s 6d; second prize property Department of Apiculture, 16s 6d. Other laniba. {** Quality 14s to 17s 6d, others 9s 3d to J* 6d. I'jgg were yarded in less numbers ito! "J 1 * 1 * a "d sold at late rates. The New Zealand Loan and Mercantile agency Company, Limited, Hamilton, reports as follows:— AJ, Te Kniti on Wednesday, November 27, we yarded 624 head of cattle, which were '9" required by buyers present, a total clearance being effected. Prices: Three-year-old steers, £6 12s to £6 15s; 21-year-old «**«, £5 5e to £5 11a; 13-months to two-rear-old steers, £4 5e to £5; 15-moriths-old •jeers £3 9s to £3 15s; 18-months to two-year-old heifers. £4 to £4 16s; fut cows, £6 ti ws and ca,ves - £5 12.S &d: empty cows, *» 'OS to £4 10s, according to condition; •Winging heifers. £4 15a to £6; fat and 'Wily hoggets. £1 2At otorohanga on November 28 fat cows 5*S?»" 10s; cows in fresh condition, £4 w«7s: two to 2J year old steers, £4 6s to « '..»•»: two-year-old heifers, £4 15s to £4 "«:. l>moi)ths heifers. £3 10s to £3 17s. for «oire quality; IS-months-old stoers, £3 las *? ** Is; yearling sheers, £2 19s to £3 5.i; worn wethers, 14?.

Messrs. Dalsety and Company. Ltd., reHaving held their usual weekly fat SSS.J*!* 1 at Westflelcl on Wednesday, Do*&Mj* 4. as under °e«r: An average yarding. Prices were "".a par with last, week's rates. Choice Ba <™, ttr:l l' ri, "<' ox sold at equal to £ Per lOOlbs, ordinary prime ox at 25s to WMi Cow ; and lleifer ljc «f at 229 to 24a . Ac " vH 2 1° quality. rjtoT i) ,arKe yanlintr. which °old at late fimi " ilvv ninni'M made up to £4 3s, ™V„£ * U(:kers 35s to 13s, other* 3s to 30s. flSuJi n '-' " larjre yarding. Prices vcre «3&. r ,* as than last' week. Heavy ITi&r? -l"-'l 19s to 2I«. medium weight lfasi ° 18s 6(l - lj S"t and unfinished 15s to **i.vh e,ra - heavy ewes 15* to 19?, medium Ef k Us t0 W" 6(1 - «.r u.,' An average yardinpr, which sold K»..i5 ht L y higher rate* than last week. IbT i ? >' ( ' l '=f took about half the yards,,. v" avv I;nnb« made 16s to 183, Rood V.V 1 M M - li2rht lls 6(1 t0 12 " Mf«,v*'| »- A medium yarding. Baconers 111 to V K ' 3 tn 48s ' Porkers 25 to 30s, stores

3*S<*r9. Alfred BucKlaud and Sons rch«!rtin/ J£< , the oprrfcuJtnral show beini? ; «al» .♦ ,n , day last there as no horse ot, « the Naymarket. iMei.i v! nda >" anti Tuesday we bold a «W»aM„ orße f;ille at Pukekohe, when eonC«»i y more 'ha" »!« advertised num- "' »»£«♦ orHea came forward. Generally tb<; ' ■'' WrU ifi*?* 8 , low ei'. but for yourifr, active >»lnU i i e ', lly of bone awl quality lev to ■■ WW*™ e fu,lv maintained. Active yonnff s »TfK,^ Pr J , , , ?" Cart horses. 3 to 5-ycars, sold *14h.« * 3to £39 "- creamery cart class, to £29* J? £22 »<><: grocer* cart sorts-. £24 l >';' ; *'tn V,'] 080 suitable for bakers' cart. £18 - hltov if : P ,0, 1R» horses. £20 10s to £35; JEtf. -i" orse ? and good hacks. £15 ID'S to ?M WI J K ?« l i M a,ltJ ordinary riding: sorrs. : <fr»li*W *il ss: weeds, all prices: aped hro&% £ . 22 10s ( ° *31: medium tin- ; «»S|,2 S"y»ar-o!d. £14 to £26 10b: .«H&ifaf'^S ß * l4 ! litrlit 2 «» 3-year-old. ■mill «»j ° 8 : yearlings, £3 10m to £7 15s; • V -4? «ffi? a weedy, from £1 10s. upwards. V'<- «a »SJ'? klr Westfiold fat stock market #tH'*V«ass* a 4 day : December 4, we penned %din*? ° *?• number of 357 head. inB» T*£Ji* timber of prize animals from S>»o* ami A- A - and p - Association Spring kSj* Bnrf CO v np^tlUon for these was extra I'-'WStt !??♦, Wgh rices ™™ obtained. ,";• , * cattle were also a little firmer.

Choice ox sold to £1 7«; m» f , «_ » UM; cows and Kite s,Vt O £• 'tee » lrom > &i>«U «S S2u«ht r bv P ir Ze T h l aV ? buTlockf^l? 1 i 78 b "«l tie*"? • i? y x,' T -.faster. I'onsonby Koad); look £M l£ " r °s- second Prue Heavy bull Eliabf , (b P«eht by Messrs. U. and W. ,„ " '. J *'" » s aortiana-sireet): Mr R i/s oa vDOUKUt by Jr. heavy KlllitUt KnrJ./8 t>U vbought by Jr. u. O Kmirlit k'<ir. co"fS°i 7 Koa d d tbou ß ht by Messrs. B. and \v *it«m„k. i6d (bou S ht by Messrs. B. and * yeais, A.16 15a (bought by Mr it s Bnsß,. R ra nien): , Messrs. Hall Bros.' pen trWsSnt® Sum* L'ft** old > suitable for land "ri 28 1% { bo W** by the Auckland ,«® at Co, Ltd.); Messrs. Hall Bros.' »nst prize two-year-old steer, £14 17 8 6d bougnt by W - Uray, Archhill)V Messrs. v,v,.n,- rOB V «ooond and third prize two->eai-oiu steers. £13 and * 13 ("ought by -Messrs. R. Salmon and Bon and W. Gray;; }«J W £" year 1 >,d , steeM . *Rom Kemuera jrtsJojj>, Bay. of Islands, averaged £9 lis. A Jin yarning ot fat and young calves sold ££*.& , ncr . s & 18s to ** Us- heavy !i«t iV 8s to & ***» choice medium suckers £1 fcs to £2955. light £1 as to £113s. small and fresh dropped 10s to £1 2s. weedy ?f,. 1088 9& sold). There was a heavy yarding ot muttou, the oulk being prime, heavy wethers and ewes, There was a Arm demand throughout, but on the whole, values were a shade easier. .Extra heavy prime wethers 4,1 is to £1 2s sa. medium to heavy 18s to £1 Os 6d. light and unfinished 14s 6d to 17s 6d: extra heavy prime owes 17s 6d i? £1. good 15s to l6s 9d, others 10s 6d to 14s 6d (2139 sold), Show wethers, on account of Mr. A. Orr, sold at from £1 3a XV to , M 7s bd; ewes ' £1 is- On behalf of Mr. P. Sutton: Ewes. £1 Os 6d, and wethers from Mr. James Close, 19s 9d to £1 ss; ewes, 19a. Lambs penned short of requirements, and advanced in price. Best heavy 17s wo 16s 9d. good 15s to 16s 9d, light lis 6(1 to 14s 6d. (439 sold.) Mr. R. Kenwood's 8how ( lambs brought £1 Is; Mr. T. E. ilayr's 16s 9d. A moderate supply of fat. pigs met with a sluggish ealo at low rates. Stores are sought after. Baconers £2 5s to £2 lis. largo porkers £1 14s to £2 3k, lighter £1 Ss to £1 13s, clips 18s to £1 4s. weaners 15s to 18s; suckers 12s to ISs. (96 sold.). v Owing to Thursday being one of the A. A. and P. Association show days wo did not hold a sale at Westficld on that date. We held our annual sale of show exhibits on the Campbell showgrounds on Saturday, November 30. Competition was not brisk, but the majority of the lots offered were disposed of at prices satisfactory to the vendor Pedigree Shorthorn bulls. £12 12s to 52gns: pedigree Jersey bulls, £12 12s to 27cms: grade Jersey heifers. £7 7s to £13 13a: stud Romney rams, £7 7s to £10 10s: sfuTl Komney ewes, £8 8s to £9 9s: flock Romney rams, £6 6*.

ADDINGTON. [BY TELEGRAPH.—PRESS ASSOCIATION*.] Cheistchcrch, Wednesday. At the Addington livo-stock market there were moderate entries of stock, and a lair attendance i'at cattie sold at snsntly improved rates. Store (sheep were in keen demand at advanced prices. Fat lambs were very lirm, and the tat eheep sale opened well, and remained firm throughout. There was an over-supply of fat pigs, and stores, except weaners, were easier. Store cattle were in very keen demand, and dairy cows sold well.

_ Mho yarding of store sheep was slightly in excess of that of the previous week, practically all grades being represented. The attendance was considerably larger than usual, and competition was keen. Prices were -very firm, and in most cases showed an advance of 6d per head compared with the previous week. Two-tooth shorn wethers realised 17s id, woolly wethers to 225, four and six tooth shorn wethers 18s Id, woolly ewe hoggets 18s 4d to 21s, shorn ewes 16s Id. two-tooth shorn ewos 20s Id, merino wethers (woolly) 10s Bd. woolly merino ewes with lambs 8a Id (all counted), crossbred ewes in wool 14s lOd. There was an entry of 540 fat lambs, compared with 445 last week. The quality of the yarding was exceptionally good, the lambs being well grown and prime. There was keen demand o-. tflo part of butchers, only a small amount of business being dono for export. Prices were very firm throughout, and especially towards the close of the sale. Best lambs made 17a 6d to 21s. and lighter 15s 3d to 17s 3d. The yarding of fat sheep wae moderate, composed almost entirely of shorn sheep. The bulk of the offerings consisted of r»rime-conditioned wethers and ewes, there being a good proportion of heavyweights. The sale opened firmly at last week's rates, butchers competing freely throughout, while graziers bought several hundred head of wethers that required a little more finishing, paying 18s to 19s for them. Following is the range of prices: Woolly ewes 22e 6d to 26s 6d, prime shorn wethers 19s 6d to 243 3d, lighter 17i 6dto 19s, prime shorn owes 18s to 23s 2d, others 14s 6d to 17s 6d, shorn merino wethers 13s 6d to 19s 6d.

The cattle penned totalled 241, against 180 the previous week, and "259 on Xovember 20. The bulk of the cattle offered consisted of dealers' lines,, and the average quality was satisfactory. The tone of the market all round showed an improvement. Beef realised 26a to 34s per 1001b; steers made £7 17s 6d to £11, extra to £14: heifers, £6 17s 6d to £9 10s; and cows. £6 12s 6d to £10. The yarding of store cattle was of medium dimensions. The attendance was laree. and the competition for all lines offered was the keenest witnessed at Addington for a considerable time, causing a marked advance in prices. Yearlings made 32s 6d. 15 to 18 months sort? £2 las to £4 7a, two-year steers £5 15s; two and a-half-year steers £6 7s to £6 15s, three-year heifers £6, and cows £2 to £6 15?. Dairy cows made £4 to £10 10a. The yarding of fat pigs was one of the largest seen at Addington for come months. Probably on account of the over-s«pply, there was a decided weakening in the demand, prices being verv much." easier than at recent markets. Choppers realised £o to £5 10s, heavy baroners 60s to 655, and lighter sorts 48s to 555, these prices being equal to 4Jd to 5d per lb. compared with sid to Md the previous week. Heavy porkers made 42a to 465, and litrbter sorts 34s to 40s. equivalent to 5Jd to 53d per lb, against 5W to 6d at the sale held a week earlier. Store pitrs were in fair supply. Large sorts were not in demand, and sold at pr.cca below recent rates, but medium and email stores and weancrs were in good reane't, and sold free!v. Large stores made 35s to 40s, medium 26s to 345. and small sorts 20s to 255:. email weaners realised 16s, whilst extra good sorts brought up to 255. BURNSIDE. [BY TELEGRAPH.—rRESS ASSOCIATION.] DT/NEDXN, Wednesday. At BurnsTue to-day 193 fat cattle were yarueu, including several pons of show bullocks. The sale opened a shade easier loan last week, but improved later on, and last week's prices were fully mainfafneil. Show bullocks, extra heavy, matte £17 to £18 12s 6d. best bullocks £14 -to £16, good £11 10s to £13 10s, medium £8 10s to i £9 10s; best heifers, £10 10s- to £12. Fat Sheep: 2064 were penned. This was a medium yarding, and prices were about i Is better than last week's. Several lines (n extra good shorn sheep were forward, also a few pens of good wethers, in wool. Extra heavy wethers made 29s to 30s 3d, good 25s to 27s 6d; heavy ewes 253 6d to 295, good, to 225; best shorn wethers 22s to 23s 3d, good 18s fid to 20s. Lambs: 163 penned. Owing to the small yarding prices were 2s fid per head higher than last week's rates. Best made 19s to 20s 9d, good 16s to 18s.

• MARKET REPORTS. The New Zealand Loan and Mercantile Agency Company, Ltd., reports: — Wo submitted and sold average catalogues of hides, skins, and tallow on Tuesday, all lines Bubmitted making record prices. _ Hides: Market excited. We quote—Extra stout ox BJd to 83d, stout Bjd to bid. medium. 73d to Bd. light 7Jd to 7|d; cows, beat lines 7jd to Bd. good 7id to 7Jd, inferior 6*d to 6id, kips 6Jd to 63d; calfskins, best, to IOJd, good Bid to 9Jd, cut and damaged IJd to t>3d:- staus, sid to 6d, damaged 4Jd to 61d. Sheepskins: Market brisk. Best butchers skins, picked 8s 6d to 9s 8d (a fow special skins realised lis to 17a each),- good lines 7s 6d to 8a 3d, medium 5h 6d to 6s 3d, small 4e to 4s 6d, lambskins and pelts 2s Id to 2s 7d; country dry skins, large to Bs, medium 4s 6d to 6s 3d, small 2s to 3s 3d. Tallow: M&.rket firm, Best mixed to 28s 6d, good 25h 6d to 26s 6d. inferior 23s to 24s id. rough fat 13d to 2d per lb. Bones, £5. Cowtails, It 8d dozen. Horsehair, Is 4d to Is 10id. Wool in bags and dumps selling freely. Crossbred lino 9id to IOJd, coarse crossbred 8d to 9d, crutchings 5Jd to 6|d,- bellies and' pieces 5d to 7d. dead wool 6d to Bd. Wheat: Steac.y at <?« 6d ox store. Oats: In good demand at 2s lid ex store. Bran: galea steady at £5 ex store. Pollard: Firm at £6 ex store. Chaff: Offering freely, hut merchants generally are holding fair stocks, and business is not at all brisk. Southern consignments of poor quality arriving regularly have a tendency to depress local market. Prime local is fetching up to 90s to 95b. Southern still firm Tor prime quality. Butter: First-grade, 9Jd; choice, lOd, 101 d; second-rrrade. 9Jd; poorer quality. BJd. 9d. Fungus: Sales at 4Jjd. Small lots arriving.

Messrs. A. Buckland and Sons' report:— On Tuesday we offered a full catalogue of hides and skins, which sold under keen competition at advanced rate?/. HidM: Ox, heavv, to BJd, stout 7M to 72a. "Tight 6gd to 63d: cows', good, 7}d to B*l. light 63d to 7d, damaged 6gd to 6gd: calf, best 9'd to lOd, pood 83d to 82d, meaty and damaged 5d to 7}d. dry lid to Is OJd, kip 7fid to 8d; stars, 53d: horse, 10s 6d to 13s 6d, damaged Md<>« iirl to S<l. Horsehair: Is 7}d to Is 10Jd. Tallow: 20s to 28s.

Bones: ss. Skins: Best batchers' 6s 7d to 8s Id, others 5s 5d to 6*. extra large 9s 2d to 12a 3d dry and country, large 7s to 8s 6d, good 5a lOd to 6s 9d, medium 4s 4d to 5s 7d, small and damaged le to 3s fid: lambs' and pelts, salted, Is lOd, dry and damaged 6d to Is 7d.