LONDON WOOL SALES.

New Zealand Herald, Volume LXVII, Issue 20618, 17 July 1930, Page 7

LONDON WOOL SALES.

ALL SORTS SOLD FREELY,

NEW ZEALAND CLEARED BETTER*

LONDON, July 15.

At the wool sales 10,968 bales were offered, including 5175 from New Zealand, and about 5780 were sold. All classes of Merinos were iri limited supply. There was a splendid offering of slipes and a good supply of greasy crossbreds. All sorts sold freely and prices were maintained. The New Zealand offerings met with a better clearance than recently. The Three Stars clip', super lialfbred combing, lambs, realised ]3|d; Balmoral scoured Merino, 26£ d; crossbred, Annandale, to), price, lid; average, 9^d; halfbred, Luk> •wai, 13d and 12d; Levels, 13£ d and lid.

PRODUCTION OF WOOL.

SMALLER QUANTITY SOLD.

FIGURES FOR 12 MONTHS

A report prepared by Dalgety an„ Company Limited, shows that, the quantity of wool sold in New Zealand during the year ended June 30 declined by over 140.000 bales compared with that sold in the previous 12 months. Total offerings and sales of wool in bales for the statistical year compared with those for the previous year were as follows: — 1 DeJ 929-30. 1925-29. creases. Offered .. 505,634 012,259 100,655 Sold . . 423,645 572,661 149,036 The offerings mid sales in bales at th» various centres were as follows 1929-30. 1928-29. Offered. Sold. Offered. Sold. Jnvercargill .. .17,632 28,677 37,592 35,187 Dunediu .. 7G.G70 69,372 90,784 BG.BOO Tim am .. 31,180 28,017 37,372 34,252 Christchurch . . 72,155 CG.701. 82,418 76,397 Blenheim . . 59 43 14G 97 Wellington .. 99,396 80,395 125,573 119,503 Wanguuui .. 52,562 39,028 09,894 61,845 Napier .. 79,277 66,075 108,962 102.112 Gisborne .. 1,519 1,255 2,C07 2,141 Auckland .. 55,294 44,082 53,941 52,345 505.G34 423,045 512,289 572,681 Tho number of bales exported decreased by 131,654 bales, the total for the 12 months being 561,840 bales, as against 693.494 bales in the previous year. For June, offerings were 9204 bales, of which 7392 were sold. Tho exports for tho month were 25,734 bales. Tho heaviest exports for the. pasit 12 months were:—Wellington, 108,200 bales; Christchureli, 89,271; Napier and Waikokopu, 88.302; Dunedin, 65,270; Auckland and Opna, 53,093; Timaru, 39.517; Wanganui, 37.834; Jnvercargill, 33,621; Gisborno arid Tokomaru Bay, 32,683.

WAIKATO STOCK MARKET.

QUIET TONE CONTINUES.

FAIR INQUIRY FOR CATTLE.

Business generally has asisuraed a ver> quiet tone and enthusiasm in any direction is difficult to urouse. It iteems n Ion? time since sheep were so slighted and their unpopularity can only be attributed to tho large offerings which are being submitted to auction in, every saleyard. Local demand can only absorb a limited supply. In cattle, apart from fat Btock, tho pcaition is quite tho reverse, a fair _ inquiry existing with but little to satisfy it. This state of things is not unusual this time ol year, holders realising the strong probability of cattla being more urgently needed as Bpring approaches. Conditions as they apply Ic- the individual sections are aa follows; BEEF. A fairly steady market exists with amp]* supply for immediate needs in' sight. Prune ox continues at. about 365; ordinary quality, 335; prime heifer and young cow, 33s tr. 345; ordinary cow, 28s to 30s; boning quality, IGa to ISs. MUTTON. Large supplies continue to slut the market. much of it in an unfinished state. Wethers are fnirly steady at Inst week's values, bnt ewes have aga ; n receded. Best wethers are worth to 30s; liijht-weights and unfinished sorts. '2ss 6d to :!7s; best heavy ewes, to 19s; light-weights, 15s to ICS 6d; killablo sheep, lis (id to 14s; best lamb 3, to 21s; smaller sorts from 15s. STOKE CATTLE. An enforced inactivity exists in this branch due to 'the lack of suitable cattle offering. It seems unlikely that any attempt to unload will be made for another mouth or so. Saleyards everywhere are very meagrely supplied: even tho abundance of weaner Jersey heifers that was predicted fails to give evidence of its existence. Recent quotations still rule. Forward steers bring up to £9 10s; three-ye.ir-old, £7 5s to £8 sb; two-year-olds, £5 IDs to £6 15s: yearlings, £3 10s to £4 Ss; forward cows. £4 5s to £5 ss; store cowii, best. £S 10s to £4 10s; low conditioned, £2 10s to £3; weaner heifers, good colours, £4 to £5: medium quality, £3 to £3 10i.; small nnd off coloured, £2 to £2 12s 6d. STORE SHEEP. The demand is extremely poor, ewes. in lamb especially suffering. It seems impossible that these at their present, value can fail to be profitable. Unfortunately there seems no end to tho supply and the depreciating effect of this makes itself apparent. Young ewes aro difficult to procure, but the best of agec, sheep seldom draw over 20s and must be good to reach it. Others vary, according to their quality, between that figure and 10s. Store wethers, four-tooth, ai-o worth up to 21s 6d; twotooth. ISs to 20s; lambs, best, to ,35sj modium, lis to 12s 6d; small, 7s to 8s Cd. DAIRY CATTLE. The demand for cows continues strong and all clearing sales are well attended and generously supported. Animals close to profit, either cows or heifers, are wanted and little difficulty is" found in effecting transfer. Backward heifers are harder to place at present, but little unxiety is felt about their ultimate disposal. Genuine cows run up to £l7 for the best; ordinniT sorts. £ll to £l3; Inter calvers from £8; best heifers to £ls; average quality," £lO to £l2; more backward from £7 to i'B 10s. PIGS. Supplies of fnt pifc3 luivs run very low niul the difficulty of_ securing' truck leads has made, buyers disinclined to operate. Fnt pigs have in consequence eased a little, hut stores sell under strons: competition at high values, ranging frotn i)ss to 455. Slips are worth from 25s to 355, and weanera from ■2os to 255.

PEDIGREE JERSEY SALE.

HEIFER MAKES 210 GUINEAS,

PURCHASER FROM DUNEDIN.

[by TELEGHAPH. —OWN CO:a.EESPOXpENT.] HAMILTON; Wednesday.

The annual sale of Mr. W. 11. Mior's pedigree Aknadale Jerseys vras held at Rotorua to-day. There was a. good attendance of buyers, but the market was unsteady. Five bulls over two years of ago averaged slightly over 46jgns. Nine yearling bulls averaged nist under Gsgns. Eight cows or" the 14 offered averaged nearly Signs., and seven in-calf heifers averaced a little short of 7t>gns. The top price of the sale was 210<nis., paid by Mr. G. W. Hillier, of Dunedm, for the two-year-old heifer Beauty's Rosalie, by Almadale Golden Ruler Poncarrow a Beauty. Mr. Hillier also paid lOOgns. for the heifer Frisky's Favourite. The yearling bull Almadale Willoriyx was bought by Mr. G. Hodgson, of Rusiwai,_ for lCOgns.. the top price for a bull. The highest-priced cow was Majesty's Swan's Primula, bought by Mr. M. Crimmins, of Waikino, for 50gns. A number of yearling heifers were withdrawn. Wright, Stephenson and Company, Limited, were the auctioneers.