LONDON WOOL SALES.

New Zealand Herald, Volume LXVI, Issue 20425, 29 November 1929, Page 9

LONDON WOOL SALES.

PRICES REMAIN FIRM.

STRONG COMPETITION.

LONDON, Nov: >ll. At the London wool sales";-to-day 7993 bales were offered of which 2628 were from New Zealand. There ' were good selections of greasy Merinos] arid scoured Merinos, but a poor selection of New Zealand crossbreds. A good tone- was maintained and with strong competition-price? were firm. * - SERIES IN SYDNEY.

GOOD GENERAL COMPETITION

(Received November 28. 10.45 p.m.} -• SYDNEY,

At the wool sales 8072 bales were sold. There was strong inquiry for stortings, and good general'"competition for other lines. Greasy Merino - brought. 19£' d.

ITALY'S GOOD HARVEST.

THE "BATTLE FOR; CORN."

FOUR YEARS' PROPAGANDA. This year's harvest .in Italy hns. surpassed all "precedents .. and all expectations. It amounts to" seventy million quintals, of corn, an, advance of eight million quintals on last year's production. Eighty million quintals of- corn ..being needed to feed, the entire population, it, is calculated that during the coming twelvemonth the Government-will-'only "bo called upon to import some ten million quintals of foreign wheat,' Instead of the usual twenty-four, or twenty-five, Experts state that Italy may. now_ confidently "look ahead'to the day when she will fee able to'supply home-grown liread to all her people, without, any recourse to other countries,""except" for" certain, special.qualities of wheats - •%-..< There are several very satisfactory features abont the present hardest. In the first place, the increase, in prodftction has tf.ken place all over" the 'country,; in widely ■ different varieties"; of; soil and'climate. though, naturally,-the - north of Italy, and especially the" plains "of" Lornbardy and Venetia,- are. the.xeal: granary of the nation and account for more than >

half of the total yield. The pre-war yield of corn per hectare (two and a-half acres) averaged, tpn. quintals f the present average is over fourteen quintals per hectare, while twenty-six. twenty-seven, and even thirty-two quintals per hectare have been obtained at Milan,-Brescia, and.Cjemona. • - '-i-.ila

The' present magnificent harvest-is duo to four yea'rs' ' strenuous propaganda in favour of intensive cultivation. -. But this is not all. If the "battle for "corn " is now progressing toward victory, it 'is because ' the energy and activity of the Fascist Government have been able to create a new spirit iir Italian agriculturists and wean them from their apathy and from obstinate persistence "in-antiquated methods.. ' "-

STOCK SALES. ;;

VALUES AT PUKEKOHE, % [BY X2LEGKAPH.—OWN* CORRESPONDENT.] PUKEKOHEj Thursday. A good demand for all classes o£ stock was again in evidence at-Messrs,- Alfred v • Buckland and Sons' 3tock sale a't Pnkekolie to-day. Best dairy cows heifers sold at from £l-2- to-£l4;- good, "from £9 10s to £ll 10s; aged and inferior, from £5 fo*.£S 10s; grade Jersey lieifers, 18 months old, £10; other IS-month heifers, ujj to £6 lQs: bulls, £3 3s to £lO 4s 3d: heavy'fat cows and heifers. £lO 5s to. £IL- 2a 6di lighter cows and heifers, £7 10s 'to*",£9.lss.' A pen of forA'ai'd-conditioned steers,'"small, brought £ll per head; store steers, 34 to 4 years. £9 7s to £lO 2s 6d; store sieers, 2J to 3 years. £"• los to £9: store cov/s, £3 lQs to £5 15s. About 850 pigs were yarded. Values showed an easier tendency. realised £2 17s to £3 lis: 1 heavy baconers. £3 15s to £4 Is; medium 'baconers, £3 7s - r to £3 12s; lisrht baconers. £2 , lSs-,to. £3 4c; heavy - porkers. £2 12s to £2 15s; light and medium porkers; £2" stores, £1 16s to £2 2s; slips, £1 8? to £1 lis ; best weaners,. 19s to 255.; smaller weaners, 12s to 17s;' sows in pig, £1 17s 6d to £3 2s 6d. -

.PRICES AT TE AEOHA. The Farmei/s' Go-operative Auctioneering Company, Limited, report having held a successful clearing sale at' Te Aroha oa Wednesday, on account of ■ Xtr. ~D. Spence. There was a good attendance and bidding was brisk iipr good dairy cattle. • Jerseycross ' cows ;ia milk made . £l2; to £l4\-10s; Shorthorn cows, in milki, £ll • 5s to? £l3; Friesiaij'- cows, in milk, '.€9 10s to- SI 1 ? 10s: Jersey-dross heifers :-un milk;-£9 10s- to £l3 10s; -Jersey' cows, close to -profit,. £8 10s to £l4 10s; .yearlipg Jersey-cross: heifieii, to £3 ,10s; weaner calves. £2 7s. .

: - MAT AM ATA QUOTATIONS. At the usual fortnightly stock sale conducted by the Farmers' Auctioneering Company, Limited,. <it Mataniata on Wednesday, there was an average yarding..of fat 2nd store cattle and a good jhrding of young cattle. All lines were quitted at late rates with the exception of beef, /which showed a slight decline. Prices were:—Beef: Fat ■ cows, £8 4s to £9; medium fat cows. £7 73 6a to £8 23 6d; light' fat cows, £6 v sb to £7 4s; store cows,' £4 ss. to £6 2s; cows with calves, £7 to £7 3s; 18 : tnontha to " steers, £7 15s; yearling Skoithorri. sheers. £4 7s 6d to £6 ss; 2 ; ye&r- empty- heifers. £5 10s: Jersey and Jersey-cross' yearlins heifers, £5 lis to £6 12s; yearling Short- ' horn heifers, £5 16s to £6 ss; IS-montha Shorthorn heifers, £7 lis;* Jersey weaner' calves, £2 15s; bulls, -£4 "15s to £9. Dairy stock: Cows,'-close to profits£lkKs: heifers, close to profit. £6: 10s to £S 10s. ,-Thera was a full yarding of pigs -with keen competition throughput.". Prices were: Heavy baconers. £3 15s to £3 18a; medlrtA bacon- . ers. £3 Ss to £3" 12s; light baconers, £3 to £3 ss: heavy porkers. £?» -ISs to £3 3s; light porkers, \£2 6s to .£2 12s; stores, 35s to £2 2s; slips, 2Ss to •335; l -weaners, £1 to 30s. The Farmers' Co-operative Auctioneering Company." Ltd., report having had a good yarding of all. classes of % stock. Lute rates were maintained. cows, £8 ■4s -to '£9; /medium- fat cows,- £-7--7s 6d ,to £8 2s 6d: light',' £6' 5s To" £7 4s; store"'cows. £4 5s to £6 2s: cows with calves, £7 to £7 3s: 18-months to two»year-Shorthorn-steers, £7 15s;-yearling steers,. £1,7.a,.6d to £6 ss; two-year "heifers. £5 10sV Jersey anil Jerseycross yearling heifers. £5. .lip . t<t £6 12s; yenrling Shorthorn heifers, £s\ 16s .to £6 ss; IS-months Shorthorn heiferc, £7 lis; Jersey weanor calves, £2 15s; bufls, £4 15s to £9; dairy cows; close to profits £ll-155,-" heifers, , close to profit, £6 10s to £S-10s: ~