LONDON WOOL SALES.

New Zealand Herald, Volume LXIX, Issue 21239, 20 July 1932, Page 7

LONDON WOOL SALES.

PRICES REMAIN STEADY.

COMPETITION FAIRLY ACTIVE LONDON, July 18. At the London wool sales to-day 7662 bales were offered, including 3738 from New Zealand, and about 5487 were sold. Competition was fairly active, especially by the home tirade, and prices were steady. New Zealand clips sold as follows: Crossbred, "Waikohu," top prico, 9|d, average, 7jd; halfbred lamb slipes, "C.F.M." (Belfast)", ll*d ancl 9£d. BRADFORD TOPS. The Bradford tops market is quieter, but prices for crossbreds are slightly dearer. PHOSPHATE INDUSTRY. NAURU AND OCEAN ISLANDS. LOWER DEMAND LAST YEAR. The report and accounts for the eleventh year, ended June 30, of the Nauru-Ocean Islands phosphate business, under the control of the Board of Commissioners, show that adverse weather conditions hindered shipments from Nauru and Ocean Islands for several months in the earlier part of the year, and the demand for phosphate in Australia and New Zealand fell off considerably in the latter part of the year, owing to depressed trade conditions.

i Shipments for the year were:—To Australia, 267,937 tons—6B.l9 per cent.; and to New Zealand, 125,002 tons—3l.Bl per cent., making a total of 392,939 tons. In addition, the commissioners distributed in Australia 124,607 tons, and in New Zealand 22,935 tons of phosphate purchased from other sources.

The f.o.b. cost, as shown by the accounts, includes a sum of £224,053, being interest at 6 per cent, upon the purchase price paid for the business by the Governments, and contribution to a sinking fund for the redemption of the capital sum in 50 years, in accordance with article 11 of the agreement of July 2, 1919.

THE CITY MARKETS.

YESTERDAY'S AUCTIONS. EGG PRICES HIGHER. A few small parcels of Californian apricots, plums and cherries, ex Mariposa, were offered at the City Markets yesterday, tho cherries realising up to 42s per crate and the plums and apricots 26s per crate. Fresh shipments of citrus fruits arrived by the Zealandia yesterday from Sydney, but owing to their late arrival only a few lines were offered. There was a fair sale for.lsland oranges, but Poormans were dull of sale. Hothouse tomatoes realised last week's rates and there was a moderately good demand for tree tomatoes. Pears met with little competition, while apples also remained about on a par with last week's prices. The vegetable market was very heavily supplied with pumpkins, cabbages and cauliflowers, while offerings of onions, celery and Brussels sprouts were also well up to requirements. Both locally-grown and Tauranga kumaras were in good supply. There was a fair demand. There was no alteration in the poultry market, the supply being heavy and the demand very fair. Under the influence of the low price ruling the demand for eggs has improved and under good, competition values rose Id for all grades. Farmers' butter also met with a good sale, prices realised being in many cases up to factory level. J FRUIT.

Apples, Delicious, 3s 6d to 5a 9d a case: Jonathan, 8b to 4b 6d; Ballarata, 4s to 5a 6d; Granny Smith, 5s to 7a 6d;Doughertys, 2s 6d to 4a 6d: Munroeß. 3a 6d to 4b 6d: Salome, 4s to 4b 6d; Parline Beauty, 8a to 48; Sturmera, 5a 6d to 6a; pearß, Coleß and Nells, 6a to 7a 6d; Keiffers, 4s to 6a: passions, local, ,5s to 10s; tree tomatoes, 8s to 6s; black, 5s to 7s Cd; grapes, hothouse, Colrnan, Is 3d to 2s lb; oranges. Island, according to count, lis to 14s 6d case; Australian navels, 7s to 9s; poorman oranges, 2s Gd to 4a 6d: lemons, _local, 4s to 7a 6d; tomatoes, hothouse, No. 1, 20s to 245; medium and small, 10s Jo 16s; Cap© gooseberries, 3d lb; bananas, No. 1» repacked t up to 16s case; No. 2 and medium, 6s to 12s 6d FIELD PRODUCE.

Potatoes, Southern, 7s 6d to 8s cwt.; new. Id to 2id lb; onions, locnl. 7s to 8s 6d bag; Southern,- 5s to 12s 6(1 cental; kumaras. local, 3s 6d to 5a bag; Tauranga, 7s to 7s 6d cwt.; cabbage, Is to 8s sack; cauliflower, 2s to 3s 6d: swedes, la to 2s bag; pumpkins, 2s to 4s cwt.; citron melons. Is to 2s sack; beans, hothouse, 8d to Is 2d sack; lettuce, 6d to 3s 6d case; cucumbers, hothouse, 4s to 6s 6d dozen; vegetable marrows, la to 3s dozen; cabbage, loose, 6d to Is 6d; cauliflower, loose, 6d to 4s; celery, 6d to 2s 3d bundle; rhubarb, 2d to 4s dozen; spinach, Gd to Is; pumpkins, loose, 2d to 7d each; radish, 6d to lOdl dozen; spring onions, 6d to 9d bundle; carrots, parsnips, beet and turnips, 8d to 6d dozen; Brussels sprouts, Sjd to 4id lb; Leeks, 2d to 4d bundle; chokos, 6d to 13 dozen. POULTRY. Cockerels, heavy breeds, prime, 2a 9d to 4a 9d; not prime, 1b 6d u;p; light breeds, prime, Is 6d to 3s; not prime, Is up; fat roosters, heavy breeds, prime. Is 9d to 2s 3d; light breeds. Is 3d to la 9d; fat hens, heavy breeds, 2s to 2s 9d; light breeds. Is 6d to 2s; pullets, heavy breeds, best, 2a 6d to 3s 9d; smaller, 29 up; light breeds, best, 2s 6d to 8s 3d; smaller, 2s up; drakes, young, prime, Is 9d to 2s 9d; Bmaller, Is 6d up; old, Is 3d to Is 9d; ducks, young, Is 9d to 2s 9d; old, Is 3d to Is 9d; geese, 2s Gd to 33 Gd; turkey hens, 3s to 5s 6d; gobblers, 5s to 13s. DAIRY PRODUCE.

Hen and duck eggs, first grade, 1b 81d per dozen; B' grade. Is 2£d; C grade, Is OJd. Farmers' butter, 9d to lid per lb.

MOTUROA OIL FIELDS. 120 BARRELS LAST WEEK. Moturoa Oil Fields, Ltd., which is operating at New Plymouth, reports that Moturoa No. 2 well produced 120 barrels (4200 Imperial gallons) of oil by selfflow for the week ended July 16. Iwo davs were lost in cleaning out the tubing. Production to date totals 212,619 Imperial gallons. FAIR DEMAND FOR TALLOW. APPLE STOCKS CLEARED. The Department of Agriculture has received the following cablegram, dated July 16, from the High Commissioner for New Zealand, London : Tallow. —There was a fair demand at auction. Of 694 casks offered 228 were sold. Mixed-fair to good sold up to 6d a cwt. advance. Otliens 'were unchanged. Hemp.—The Manila market was quiet but firm. "K" grade for August-October shipment sold up to £l7. The sisal market was firm, with more interest shown by consumers. The closing value of No. 1 fair average quality lor July-Septem-ber shipment was £l4 15s. The New Zealand market was dull and unchanged, with no first-hand sales reported. Eggs. —English national pack: Medium to special, 12s 6d to 15s; English, ordinary pack, 13s to 13s 6d; Danish, 141b. to 181b., 9s to 12s. Fruit.—Apple stocks e:r ships are practically cleared. Current prices:—Granny Smith, 8s to 14s; Dougherty, 8s to 10s 6d; Sturmer, Ballarat, Seedling, Statesman and Rome Beauty, 6s to 9s; Jonathan and Delicious, large and wasty, 3s to Ss. For small quantities ex store, prices generally show Is to 2s advance. Pears.—Winter Nclis, 14s to 225; Harrington, Broom Park and Beurre Easter, I 13s to 16s a case.