COMMERCIAL.

New Zealand Herald, Volume LIII, Issue 16203, 13 April 1916, Page 3

COMMERCIAL.

LONDON WOOL SALES.

' DECLINE OF HALFPENNY.

[by telegraph.—rilESS ASSOCIATION'.

Wellington, Wednesday. A cablegram from the High Commiesioner. dated London, April 11, says : —< Tho wool sales commenced with great competition for all wools, but buyers were cautions on account of the high price and uncertainty as to ihe attitude with regard to the limitation of future contracts. Values averaged £d lower than at last sales. Fifty thousand bales of New Zealand wool were catalogued.

The following were the quotations given by the High Commissioner in his last cablegram on the London wool sales : —< Fine crossbreds, all grades, Is 8d to li lid; medium crossbreds, all grades, Is 6d to Is 8d; coarse crossbreds, all grades, Is 4d to Is 6d; superior Merinos, Is 7d to Is 9d; medium Merinos, Is 4<l to Is 6d; inferior Merinos, Is Id to Is 3d.

The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following cablegram from their London office, under yesterday's date :—- Wool sales : Good competition crossbred. Vory little change Merino; in favour of sellers." . Messrs. Dalgety and Company, Limited, are in receipt of the following cablegram from their head office, London, under date tho 7th inst.: —" Butter: Danish, steadier, fine 1755; Australian and New Zealand, quiet, 1588 and 164s respectively. Clieese: Market firm. Canadian, 108s; New Zealand, 1035."

STOCK SALES.

AUCKLAND.

Messrs. Alfred Buckland and Sons report as follows:— „ ~ , . , At tho Haymarket on Friday last aged draughts sold at from £18 10s to £24, baker's and grocer's cart clans £1* to 10b, light harness sorts £7 10s to £16, gig ponies £3 to £10 10s. No young draughts or lorry horses were yarded. Tho thoroughbreds Lonemoor and Holdfast _ realised 21 guineas and 14 guineas respectively, -The trotter Caatadrift brought 11 guineas. At Howick on Monday there was a small yarding of stock, which sold at late quotations. , ~ . On Thursday, April (5, wo held a clearance sale at Mr. E. Neal's. Buckland. There was a very large attendance, and everything sold well. _ The dairy cows and heifers were a choice lot, and sold at from £8 5s to £12 15s (averaging £10 10s), yearling heifers £3 to £4 10a. calves £1 10s to £2 6s; pigs, porkers 31s to 37n. We also sold, on account of Mr. A. Bilkey, dairy cows and heifers at from £9 5s to £15 (averaging £10 15s). 18-months heifers £5 to £5 10s, farm mare £2li. At Papakura on Monday horses were in better demand. Heavy draughts brought from £23 to £50 10s. lorry and express sorts £22 10s to £29, farm horses £12 to £20 10s. light harness class £7 to £13 ss, gig ponies £4 to £9 10s, worn sorts £4 10s to £11. weeds all prices. At Westfield on Thursday, April 5, best dairy cows realised from £9 10s to £11 2s Cd. others £0 Bs to £8, empty cows £3 10s to £5 7s 6d, good calves £2 10s to £3 15s, smaller £1 to 3.2 ss, 18-months heifers £4 17s. On Tuesday we held a clearance sale at Mr. Richmond's, Henderson. Buyers v 'ero in attendance, and a satisfactory Bile . wilted. The dairy cows, grade Jersey, .sold at from £7 5s to £13 2s Gil. yearling to 18-months heifers £3 15s to £5 123 6d, farm horses, £9 10s to £15 10s. At our weekly fat stock market at West* tte'd. yesterday, we penned beef to tho number of 478, comprising 207 steers, 173 cows »nd heifers, and eight bulls. Competition was good throughout at values on a par with last week's report. Choice ox sold to £2 3s 6d, prime £2 10 £2 2s, ordi, ; and rough beef £1 10s to £1 18s; <•*■ ... a heifer, &1 16s to J'- Is. Steers rangid in prico from £11 17g 8d to £24. the latter Pi..«> for the first-prize steer at To £ roll a snow, fattened by Mr. J. HcWcol Atift purchased 1 V'-rj, Hood »v'. 'a" "O"? bate. -3, I ' ■ J 5 ," -'"j; COWS >:«.•«»•. it Is 6' ; to *14 iS'. Tiie hip oaat ivera 't wfro:— Eight »t: era from E. Hoed, '".ron 'a *17 18s 9d; 16 iron R. Reynoloa. ' .mbi.£l7 J4s; eitlit from W. Wright. Waiuku, £17 Is 3d Til from Jos. McNicol, To A roll a. £17 3s: eight from C. G. Robertuon. Waiuku. £16 8s 9d: euht from H. E. R. L. Wily, Mauku; £16 7s Gd: 16 from G. Proctor, Orini, £16 la 10di 17 from E. H- Gibbons, £16 10i lOd; eight from A. -T. Bertr; Hairini, ilo '2s sd; 16 from D. M. Hess, Otorohang'>, £15 8s (id; 12 from. ('•;». Niccol, Papatoetoe. £15 13s <d: eight from S. Stoel, Ohai.po. £15 5«: e : ght from G. Booth, Bruntwood. £15 12s 6d; 'light from J. McCaw, M.'.t:'jnata, £15 fs.4d; 36 from East ■'.oast, > '.4 17s 2d. The 61 calves sold well; rurv.ers from £5 5" to £6; heavy suck- ! ers, £4 jla to £f 13s, medium £3 -6s to £4, ! light £1 'o to £2 10s, small and- fresh dropped. .Ito i' 1 3s. Sheep wore penned in s.vo.'w m'"l'-ra, and were :'rm a' last weeWs -ic.'tat-'on.-' Frtra .me heavy «.«thors. L.. VI to x'l 12s 3d frciu R. T. Var.'iout !/ .i, To Mata, averaged £1. lis Id; 204 ftom Capo Runaway, £1 10s 7d); prime, £1 7s 9d to £1 8s 3d; medium, to heavy, £1 6s 6d to £1 7s 3d; light and unfinished, £1 0a 3d to #1 ss; hea 7 owes, £1 4s to £1 6s 3d; good ewes, <'1 2s to £1 3s 3d. others 17s to £1 Is (17 sold). There was a full supply of lambs, which mot with a steady sale; heavy prime, £1 la to £1 2s 3d, good 18s to 19s 6d, light a'iid unfinished l?s 9d to 17? 3d (897 sold). There was a Irireo yarding of pigs. Porkers and stores were slightly easier. Choppers Bold from £3 to £4 10s; heavy bsconers, £3 15s to £4 ss, medium baconers £3 ICa to £4, light taconors £3 to £3 10s; heavy porkers, £2 14s i/i £3, medium porkers £2 to £2 13s, light porkers £1 10s fo £1 19a; slips, 16a to £1 ss; suckers, 6s to 119 (324 sold). Messrs. Dalgety and Company, Limited, report having held their usual weekly fat stock salo at Westfield yosterday, as follows;— Beef: Very large yarding. Prices for ox beef were lower than last week. Cow beef was on par with last week's rates. Extra choice- pens of prime 01: sold up to 43s per 1001b, ordinary prim© ox sold at 38s to 41s tier 1001b, cow and heifer beef sold at from 36s to 40s per 1001b. Moderate yarding which sold at late rates. Heavy runners made up to £6 10s; small runners, to £4 15s; heavy suckers, £2 15s to £3 15s; light suckers, 25s to 47.1; others, 3s to 275. Mutton: Fairly large yarding. Prices wore firmer than last week and the quality generally wats good. Extra prime heavy wethers made up to 30a 3d; ordinary prime wethprs, 25s to 27s 6d; unfinished, 21s 9d to 23s 6d; extra heavy ewes made up to 27s 3d; medium -weight ewes, 20s 6d to 245; unfinished, 18s to 19s 6d. Lamb: Small yarding. Fair shorn lambs, 13a 9d to 16s 3d; good woolly. 16s to 19s 6d. Pork: Large yarding, which sold at last week's sates. Heavy baconers made £3 9s to £4 4s; porkers. 38s to 51s; stores, 22s to 295.

The New Zealand Loan and Mercantile Agency Company, Ltd.. report:— At Westfield last Thursday dairy cattle wero pennod in.small numbers, and sold at late rates. Best dairy cows and heifers sold at from £7 10s to £10 10s, others £6 to £6 158. Store cattle in average numbers and sold at lato prices. Steer calves, £1 9s to £2 7s: heifer calves, 17s to £1 17s; heifers, suitable for -dairy purposes, £4 to £5. At Albert Yards on Friday horses were yarded in average numbers and sold at late prices. Heavy draughts, £25 to £31 Ids; medium draughts, £17 10s to £28 10a; light harness horses. £10 to £22; hacks, £9 to £16 10s; ponies, £4 to £8 10s; weeds, 10s upwards, At Coromandcl on Thursday wo had a full yarding which sold at high rates. Fat steers, £10 lOs to £13 12s 6d; fat cows, £7 10s to £10 12s fid; empty cows, £5 to £6 15s; bulls, £4 10ii to £9; store steers, 2 to 3 years, £6 15s to £9 l'Js, steer calves, £1 15s to £2 15s: heifer calves, £1 5s to £2 7s; yearling to 18-months steers, £3 15s to £5 ss; yearling to 18-months heifers, £2 15s to £3 17s 6d; springers, £6 10s to £8 15s; store wethers, j 16b to £1 2s: fat wethers, £1 2s 6d to £1 3s 9d; storo ewes, Ha to £1 3s 3d; fat ewes, 17s to £1 Is fid; lambs, 12s to 18s. At Clevedon on Saturday we had a, full yarding of cattle and a very large number of sheep. Buyers were in attendance and we renort a good tale. 804 dairy cows and heifers, £7 5a to £9 17s 6d; others, £5 10a to £7: empty cows and heifers, £4 10s to £6 15s; lulls, £4 10s to £8 10s; heifer-calves, £1 6a ] to £2 6s: steer calves, £1 15s to £3; fat cows, 1 £6 17s Gd to £10 10s. Shoep: Store lambs, 12s to 17s; store wethers, IPs to £1 2s; store ewes, 14s to 18s 6(1; fat wothers, £1 3s to £1 4s 9d; fat owes, £1 to £1 2a 9d. On Monday at Henderson we had an average yr.rding which sold at high rates. Best dairy cows and heifers, £7 lOs to £10 10a; others, £4 10s to £B 17s 6d; ompty cowj, £■1 15s to £6 10s; bulls, £5 to £7 10s; heifs-r calves, £1 t" £1 15s: steer calves, £1 17s to £2 9s; yearling to 16-month fleers, £3 5s to £5; yearling to 18-month heifers, £2 15b to .64 horse, £7. At Pukekohe on Tuesday we had a full yarding. Best dairy cows and heifers sold at from £8 to £12; others, £5 to £7 15s; 2j to 3-year-old steers, £7 5s to £9 6s; 18-months to 2-year steers, £5 to £6 19s; yearling steers, £3 9s to £4 10s: eteer calves, .£2 2 S to £3 5,, accordine to quality; heifor calves, £1 to £2 ss; yearling to 18-months heifers, £2 123 to £4: heifer« Buitablo for dairying, £4 53 to £5 2s 6d. Beef was nenned in largo numbers and sold at extra hieh nrices. Fat steers sold at from £12 to £15 sb; fat cows, £0 to £12 as. In this sale practically everything was sold. At Westfield fat stock market on Wednesday leef was yarded in average quantities, mostly of. good nuahty. although not many extra heavy-wight#. Best oxen sold to £2

4s per 1001b, others £2 to £2 3s; cows and heifers £1 16s to £2 2s; steers sold at from £10 10a to £22 10s; cows, £5 10s to £14 10s. Some of tho averages were: Seven steers from Opotilii. £17 13s; 18 steers from Taupiri, £15 A truck of small but well-fatted cattle from W. Lovell, Taupiri, £14 17s 3d. A drift of 16 cows from Woodlands. Taupiri, £11 lis Cd. Calves were penned in large num. bars and sold at improved prices. Runners Mid at from £5 53 to £7 103; heavy suckers, £3 15s to £4 loB; medium suckers, £2 14s to £3 13s; light suckers, £1 lis to £2 8s; small and fresh-dropped, 3s to £1 7s. Sheep were penned in full numbers and sold under keen competition at improved rates. Best wethers sold at from £1 8s to £1 lis 6d; others, £1 3s 9d to £1 7s 6d; interiorly fatted, £1 la to £1 3s; ewes, well-fatted, £1 5s to £1 7s 6d; others. £1 is to £1 4s 6d; hoggets, £1 Is to £1 4s. Lambs, in average numbers, sold at from 18s 6d to £1 3s for first quality; other?, 168 6d to 18s 3d. Pigs were yarded in large numbers and sold at last week's prices. No choppers yarded. Heavy baconers, £3 18s to £4 12s: medium baconers, £3 10s to £3 16s; light baconers, £2 17s to £3 8s; heavy porkers, £2 15s to £3 ss; medium porkers, £2 5s to £2 14s; light porkers. £1 los to £2 4s; wcancrs, 7s to 16s; slips, £1 2s to £1 9s.

ADDDTGTOST. fßi' TELEGRAPH.—IRESS ASSOCIATE'S.]

CnRtSTrHUP.cn, Wednesday. At the Addington live stock mark-.s there were large entries of sheep, especially stores, with an increase in fat cattle. There was a good attendance. Fat cattle at last week's rates for prime, but outer descriptions rather easier. Prime fat lambs maintained value, but light sorts down, about 6(1 a head. Store sheep were slower of sale. Fat shecD were barely eaiml to late rates. Storo cattlo were dull of sale. Pigs sold well. .Store Sheep: Forward lambs 13s to 15s 6d, ordinary lis 6d to 12s 9d; culls, 5s 9d to lis; wether lambs, lis Id to lis 2d: twotooth ewes 15s 9d, four and sii-tooth 20s 6d to 25s Bd, six tnd eight-tooth 13s 6d to lis 3d, four, six, and fight-too',ii 15s Ba, sit-tooth 13s 9d to 245, four and sir-lcolli 17s to 19s 9d; two-tooth wethers 15s Sd to 16s 4d, four and six-tooth 18s 7d to 20s 9d. Fat Lambs; Penned 6-08. Extra prune to 25s 6d, prime 21s to 24s 9d; others, los 4d to 20s 6d. , , . 0 , Fat Sheep: Extra, prime wethers, to 31s 6(1, prime 24s to 27s lid. others 15s lOd to 23s 6d; extra Drimo ewes, to 27s 9d, prime 23s to 26s 3d, medium 18s to 223 6d. others lis 7d to 17s 6d. . ... Fat Cattle: Extra prime steers, to £20 ss. ordinary £8 17s 6d to £12 10s; ex.ra, prime heifers, to £17 15s, ordinary £' to £11: extra prime cows, to £17 15s- ordinary £7 to £10. , 1Store Cattle: Fifteen to 18-months. £2 17s 6d to £3 10s; 2-year steers. £5; 2-year heifers, £3 7s 6d to £4 ss; 2i-ycar steers. £6 18s;( 8-yoar steers, £8 2s 6d; 4 ana J"? 6 * 1 -" o ];*} West Coast steers, £9; dry cows, 30s to £6 los; dairy cows, £3 10s to £15 ss. Pigs: Choppers, 50s to 130s: extra heavy baconers, to 105s, heavy 75s to 90s, light 58s to 70s; price per lb, 6Jd to 6|d; heavy porkers. 46s to 525. light 38s to 425; price per lb, 7Jd to 8d: large stores, 37s to 535, medium 28s to 35b, small 16s to 26b; rreaners, 6s to 12s.

BURNSIDE. [BY TELEGRAPH. —PRESS ASSOCIATION.]

Dcnedin, Wednesday.

At Burn side to-day 177 fat cattle were yarded. The opening values were about the same as last week, but later there was ft tendency to ease, Primo bullocks made ±15 to £16 10s, extra to £22, medium £13 10s to £14: best cows and heifers £13 103 to £lo 17s Gd, medium £10 to £12 10s. Fat Sheep: 1800 penned, the bulk medium and inferior ewes. Prices generally were about the same as M »o_wefr0_ we fr Prime wethers made 80s, extra to 37a 3d, medium 25a to 275, lighter 23s to 2as, prime ewes 24s to 275, medium 22s to 23s fid. Fat Lambs: 1980 panned. Export buyer! wore operating at late limits. Wen finished sorts were in good demand. Stores were hard of sale at reduced raws. Prime brought l&s to 235, extra, to 85s, medium 17s to 19s, otheiß 10s to 15s. HIDES, SKINS, AND TALLOW. The New Zealand Loan and Mercantile Aganry Company, Ltd., report:— We submitted and sold large catalogues of hides skins, and tallow on Tuesday, competition being keen at late rates. We quoteHides: Extra stout ox, 9Jd to lOid; stout ox, 9Jd to 9|d; medium ox, 9jd to 9jd; lignt ox, Bjd to SIC Cows, best lines, to 9}d; good, B'd to Btd: inferior, Bid to B}d; kip?, Sid to 9}d; calfskins, best, to lid; good, Bid to 9>d; cut and damaged, 6d to 7td. Sheepskins: Market brisk. Best butchers skins, picked, to 8s 3d; good lines, average 63 3d to 7s :ia; medium, 4a 0d to 6s 4d; small, 3s to 3o 9d; pelts and lambs, Is 6d to 2s 9d; country dry and woolly skins, large, to 101 d per lb; good, B}d to 9{d; inferior, Cid t.-> 7td; damaged. ?.d to Bid. 'Callow: Mt-rkot brisk. Best, mixed, to 30a 6d; got, 1, 26s to 28s 3d; inferior, 22s 6d I uo 24s 6d, rough fat, 2d per lb. Bones, £5 10s. Cowtails, Is doz. Horse [ >.&ir, Js tc Is 6ld. !U4«is. Alfred and Sons ropo;t having hold their usual weekly salo of bides, skins, wool, talJbv.', etc., at the Haymarkc' on Tuesday a! undir: — Hit." v ifari-it '.risk. Ligh' ox, 9}d V 9jd; nedium <.o wit. 9|d to lOJd; oxtfft stout, laid; cow, best to 9{d; good Quality, 9d to 9id; poor to fair cow and steer, B<J to B|d; damaged ftiid cat, Bid to 7}d: kip a, BJd to 9d for butchers', 7jd to 8d (or 'armors'; yearlings. 8d to 9a; calfskins, Sid to l0}d; cut and damaged, 6d to 7d; stags, 6* to Gfd. , ~ „ , , Sheepskins: Meikot very brisk. Salted pelts, 7s 6d to Sc 5d for picked, 5s 6d to 6s 5d for good lines. 4s to 4s 9d for small; lAmbs, 4s 6d to 6s • shorn lambs, 2s fid to 3sj dried skins, 9}d to lOd per lb for carefully dried and iiund lots, 7}d to Bid for half wools: damaged, 4d to 6d; bare pelts, 9d to Is 9d. Wool Bright crossbred, 12d tc 13d: faulty cvosa' ed, ,10d to lid; lambs, bright aid fr. v ircm so id, lHd to 13d: faulty. lOd to 11.,; sec 1?, 3d to sd; slightly see.lj, 7}d to 9,', mixed pieccs. 7id to 81a; locks, 4d v*t)( • orutchings, clean. Jd to lOd; dirty, 7d to 85: daggy, at lower rates. Tallow: 283 to 80s in shipment casks, 2Gs Sd to 28s in other casks, 24s to 80s in tins. Bones: £5 10s per ton. Horsehair: Tail, best, Is 6d to Is 7d; mixed and short la 3d to la Sd. Messrs. Dalgety and Co., Ltd., report having held their usual weekly sale of hides, ikins. tallow, etc., on Tuesday, as under;— H'dea: Owing to the embargo being released competition has improved. Butcne::s' hides, well flayed ind conditioned, ox, extra stout to IOJd, medium lOd to IOJd, light 9}d tc 93d; cow, well flayed and conditioned to 9d, wot conditioned 8d to 81d; dirty scored or sloppy hide? at lower rates; damaged and cut, 6d to 7}d: stags, 4}d to Gld: kip. 7id to 9d; calf,"best lines to 9id. good 8d to 9d; cut, damaged, and meaty, Sd to 6«. Sheepskins: Market firm, with prices very good for butchers' salted skins. Dry woolly skins, best 9d to 9Jd Dor lb, seconds 7id to 8d: dry relts. Is to 2s. according to length of wool: skins with weevil-eaten and wsatherstained pelts at lower rates; butchers' salted polts and lambs, best 6* to 7s, medium 4s 6d to 6s 6d. Bmsll 3s 6d to 4s 3d. Tallow: Market quiet. Best in shipment casks 27s 6d: ir 4cwt casks, good 24s to 265. seconds 20s to 225; tins, 203 to ?ss, according to Quality. Cowtails. Is Per dozen. Horsehair: Tail. Is 6}d: mixed, Is to Is 5d • mane. 7d to lOd. Wool: In sacks and dumps. Bright crossbred and lambs, to 13d; cot?ed and dingy, 9d tS 105 d: pieces, fid to fid: locks, 3d to Bid. Seedv wcol difficult to sell. Bones: Good dry, £5 10s per ton.