BUOYANT WOOL MARKET.

New Zealand Herald, Volume LXV, Issue 19857, 30 January 1928, Page 7

BUOYANT WOOL MARKET.

DEMAND AT INVERCARGILL. OFFICIAL RANGE OF PRICES. [BY TELEGRAPH,—PRESS ASSOCIATION.] INVERCARGILL, Saturday. Prices at the wool sale yesterday were appreciably higher than those paid at the recent Wanganui sale, while the record price for the Dominion for this season was secured for a line of halfbred . ewe, which made 27d. Medium crossbred made from 15d to 18d, fine crossbred 18d to 20d, halfbred 20d to 25d, super lots to 27d, hoggets, medium, 15d to 17d, fine 18d to 20d, halfbred to 22jd. Following is the official range of prices, those for the previous salo, last March, being given for the purpose of comparison :

THE LONDON MARKETS. FROZEN MEAT. (Received January 29, 5.5 p.m.) A. and N.Z. LONDON, Jan. 28. Sheep.—.North Island, medium, 6 l-8d; heavy, 5 l-8d; New Zealand ewes, none offering; Argentine ewes, 4£d. Lambs. —Other selecteds, 10 l-8d ; North Island, firsts, lOd; seconds, 9Ad; Australian, firsts, Victorian, 9d; other States, 7£d; seconds, Victoria, other States, 6 3-Bd. Chilled Beef.—Argentine, hinds, other meats, unchanged. COTTON, RUBBER, HEMP, ETC. (Last week's prices in parentheses.) Cotton. —February delivery, 9.66 d (10-Old) per lb. Rubber. —Para, 15£ d P er plantation and smoked, 18 7-8 d (19|d). Jute —January-February shipment, £29 10s (£3O 10s) per ton. Hemp. January-February shipment, £35 (January-March, £35) per ton. Copra.—January-February shipment, £27 7s 6d (£27 10s) per ton. Linseed Oil.—£2B 10s (£29) per ton. Turpentine.—4ls (41s 3d) per cwt. THE HIDES MARKET. Hiles.—All weights, dry salted, Queensland and New South Wales, 18 5-8 d per lb.; wet salted, Queensland, 14j,d; New South Wales, 14j}d; Victorian abattoirs, 14jd. PRIVATE COMPANIES. FOUR NEW REGISTRATIONS. Details of four private companies registered in Auckland are as follows: Kealy's, Ltd. Objects: To acquire and carry on the stationery business of John William Kealy and Thomas Edward Wayte. Capital, £I6OO, in £1 shares. Subscribers: J. W. Kealy, 1500 shares; G. W. Hutchinson, J. Alexander, A. F. Bennett and J. M. Elliffe, 25 shares each. Wellmade, Ltd., radio dealers. Capital, £SOO, in £1 shares. Subscribers: R. E. Fraser, 400 shares; M. A: Davies, 100 shares. Waikato Brick Company. Ltd., manufacturers of bricks, etc. Capital, £1250, in £SO shares. Subscribers: Huntly Brick and Fireclay Company, Ltd., 14 shares; China Clay and Porcelain. Company, Ltd., and J. T. North, 5 shares each; J. W. Cochrane, 1 share. The Stock Mineral Company, Ltd., ■manufacturers of stock foods. Capital, £6OO, in £1 shares. Subscribers: R. Chilcott and C. G. Tomlinson, 300 shares each. NEW SOUTH WALES LOAN. LONDON ISSUE OF £3,000,000. A. and N.Z. SYDNEY. Jan. 28. The Assistant State Treasurer, Mr. B. S. B. Stevens, announces that the Government intends to raise a loan of £3,000,000 in London at, an early date, to facilitate the construction of the harbour bridge, the underground railway and other important public works. FALSIFYING; SCRIP. HEAVY LOSSES IN EAST. Mr. F. 0. Steel, chairman of the Sydney Stock Exchange, has warned brokers that several cases of fraudulent altera tions of share certificates in tin and rubber companies have been reported to him from the East, says the Sydney Morning Herald. The alterations, ho said, had been made by persons who had gained possession of certificates indicating that they held a small number of shares in such companies, and had then used chemicals to erase the number of shares mentioned to substitute a considerably larger number. Mr. Steel said ho believed that more than £50.000 had been lost in the Federated Malay States by investors, who had been misled into buying these bogus certificates. LONDON WOOL SALES. (Received January 29, 5.5 p.m.) A. arid N.Z. LONDON, Jan. 28. At the wool sales yesterday 8756 bales were sold, of which 5256 were Australian and 3012 New Zealand. There was an excellent selection of all classes and the tone was strong and bidding brisk. In general prices were very firm. The following New Zealand clips realised the prices stated: —St, top price 27d, average 23d; HW/TR, 21£ d and 19d; Awapapa. 22d and 20d. HASTINGS RAM FAIR. [by telegraph.—press association.] HASTINGS, Saturday. At the stud ram fair this morning the demand for Romneys was poor, only four bringing taore than 20gns. The highest figure was 55gns and the next 45gns. Only four Lincolns were offered and all were passed in at lOgns. Southdowu3 were mora attractive, but the bidding wis not bright, the highest prices being ,51gns and SOgna. Sheep were passed In at from to 41kiis.

March. 1927. Jan., 1928. d d d d Halfbred— Super ..i r.. nil. 23 to 27 Medium 17| to 191 22 to 24 Inferior .. 15 to 16 19 to 21 Fine Crossbred— Super .. .. to 17 19 to 21 Medium 15 to 16 J 17 to 19 Inferior .. 131 to 143 15 to 161 Medium Crossbred— Super .. .. 16 to 17 161 to 19 Medium .. 14" to 16 141 to 161 Coarse 124 to 132 13} to 15 Coarse Crossbred- - Super .. .. 13} to 15 14 to 16 Medium .. 121 to .131 131 to 15 Inferior . Hi to 121 12} to 14 Hogget— Super .. nil. 18 to 20 Medium . .. 15» to 17 16 to 18 Coarse .. . 13 to 151 «14 to 16 Piece3 — Extra pood .. 15 to 17 155 to 171 1st crossbred . 12 J to 14 13 to 15 2nd crossbred 93 to I'll 10 to 13 Bellies— ■; • i • .• 1st crossbred . , 11 to 13 12 to 14 2nd crossbred 92 to 11 11 to 12 Crutchings— 1st crossbred . 8 to 9i 11 to 12 2nd crossbred 6S to 7i 5} to 8 Necks— First fine 14} to 16 15 to 16! Seconds .. 12 to 14 13 to 15 Hocks 6 to 8 , 7 to 9