CONFIDENCE IN WOOD

New Zealand Herald, Volume LXXVI, Issue 23384, 28 June 1939, Page 9

CONFIDENCE IN WOOD

GOOD GENERAL DEMAND PRICES NOT. ADEQUATE LARGER SHIPMENTS OF TOPS Cause for confidence in the wool position is supplied by the brisk perioral competition experienced «it the final Sydney sales of the season, reports Winchcomhe, Carson. Limited, woolbrokers, Sydney. Demand during the sollinc year has not at any period shown better distribution and keenness. The activity applied not only to • fleece wools, hut extended to crutrhings and other oddments. The price level cannot be regarded as providing adequate returns for covering growers production costs, and moderate profits, hut at the basis prevailing the sheep s staple was in eager inquiry. Higher Bradford Values Reports from Bradford also are more cheerful. Average 64's Merino tops at 2od are on the best level recorded sinco last March. Crossbreds are Id dearer than in March, fine crossbred 56's tops being quoted at 20d and medium crossbred 50's at lSd. Values for crossbreds relatively have been higher than Merinos for the whole of the season because of the large consumption of' them for uniform purposes. Shipments of tops "from the United Kingdom bear evidence of that development. During the three months ended March. British exports of crossbred tops were 6.576,0001b., being 2.118.0001b. more than for the first quarter of 1938. " _ Merinos exported totalled 3.696,000 lb., an .increase of 723,0001b. Exports of British-grown wool, which is all crossbred, for the three months ended March "were 10,020,0001b., "the total being 4,505,0001b. greater than a year before. The increase was chiefly caused by the much larger quantity shipped to the United States and, to a. lesser extent, Germany. , : i Larger American Purchases' Since the reduction in . the duty on British poods entering _ the United - States, the latter has increased' her purchases of English fabrics. Great Britain's exports of woollens and worsteds to America, from January 1 to March 31. totalled 2.551.000 square yards, being 1,337.000 ' square .vards more than 12 months previously. Those imports do not appear to have hindered the activity of the mills in the States. With a large domestic clip, America cannot he among the greatest wool importers, but the additional influence Which a moderate to large American importing year has. on competition in rcomparison with a light period is actually greater than the figures convey. If America is buying freely, advanced values are usual. APPLES IN LONDON LOWER PRICES RULING HEMP AND TALLOW DULL The Department of Agriculture has received the following cablegram "from the Migh Commissioner for New Zealand. London, - dated June Tallow.—There was a poor demand at auction, when 800 cafeks were offered, and only 98 casks were sold. Present spot quotations are unchanged except mutton, fine. 22s 6d-*'to 235; mutton, fair, 15s 6d to 16s; beef, fair, 15s to 15s 6d; mixed gut, 13s to 15s. Hemp:—The Manila market is dull •and "easier. - "K". grade, June-August shipment,; sold: down to £'ls 10s, but closed steadier. The sisal market "was quiet early this week, but was steadier at the close. July-September shipment sold, £ls 15s. September-November shipment, £ls 17s 6d. .Apples.—The Otaia and Fordsdale are discharging on / the West Coast. There, is a fair demand at lower prices. Granny Smith, 10s to 12s 6d; Dougherty, 'lOs Od to. 12s; Tasma Yates Rokewood. 10s to lis: Ballarat. Statesman. 9s to 10s 6d; Delicious. Ss 6d to 10s 6d; Sturmer, Rome Beauty,. Pioneer Brighton, 9s to 10s. THE CITY MARKETS MORE VEGETABLES OFFER SOME VARIETIES CHEAPER There was a slight decline in the price of some lines, of vegetables at the City Markets yesterday, supplies being heavy. Cabbages, cauliflowers, carrots and parsnips were easier, and prices for swedes were very low. Lettuces were in short supply, but southern and Ohakmio potatoes came to hand well,' selling at high rates. Des- ' sert apples sold well, but the demand was slacker for pears and tree tomatoes." Lemons maintained high rates. There was a keen demand for. a medium supply of poultry, with prices slightly higher. A rise of Id a doiien for B grade lieu and duck eggs took place on Monday. Prices were:— FRUIT Apples, Delicious, 5s to Ss a case; Ballarat, Ss to 9s; Dougherty, 5s to 7s 6d; " Granny Smith, 9s to 10s fid; Jonathan. 7s to 10s; Rome Beauty. 9s to 115.6 d; Sturmer, - 10s; Winesap, 9s pears. Keiffers, 5s Od to 7s; P. Barry, Ss to Ss Od; Winter Coles, Ss 6d to lis: Winter Xclis, 7s to 9s; tomatoes, outdoor, extra rhoire, 7s lo 9s; others, 2s to ss; hothouse. -Id .1 o 10d per lb; tree tomatoes, new, black, os to 7s a case; yellow, 4s to 6s; others, small, 3s to 4s; oranges, Australian, ISs to 225; Californian, :26s 6d to 07s 6d; marmalade, choice, 9s to lis; others, 4s to 7s; bananas, Xo. 2. lis to 14s; ripe. IGs to ISs; pines, Queensland, 16s to its; grapes, Coleman, extra rhoire, 2s 6d to 2s od per lb; others, Is 6d to 2s; passion fruit, Ss to ISs a caso. FIELD PRODUCE '£s' Beet, 6d to Is a dozen; celery, cooking, Sd to Is a bundle; dessert, Is 3d to 3s; carrots, 2s 6d to 6s a bap. or Sd to Is 3d a dozen; cauliflowers, 3s to 6s 6d n sack; on benches. 2s Od to 5s a dozen; cabbages, 2s to 7s a sack; on benches. 2s to 3s a doaen; cucumbers, 6s to Ss; French beans, 4s to 6s a bag; stringless beans. Ss to I ts; green peas, Ss to 14s; kumaras, 10s to lis; Tauranga. 7s 6d to 9s 6d; leeks, 3d to 6d a bundle: lettuce, 3s to 10s a case; marrows, 3s to 4s a dozen; melons, citrons. 10s to 15s a cwt.s onions, choice Xo. 1, Ss Od to 10s a bag; medium, 5s to 7s 6d; potatoes, southern, 14s 6d to 15s a cwt.: Ohakune, 9s to 10s a bag; pumpkins, choice Xo. 1, Crown, 16s to 20s a cwt.; Triumble. 10s 6d to 15s; medium and mixed, 5s to Ss a sack; parsnips, 2s to 5s a bag, or Od to 1s a dozen; radish. 6d to Od a dozen; rhubarb, 2r 6d to 4s; spinach, Od to Is 6d; spring, onions, 6d to Is a bundle; 6wedcs, 2s to 3s a bag; turnips, 6d to Is a dozen; Brussels sprouts, 3d to 6d per lb. POULTRY Cockerels, heavy, breeds, prime, 5s to 6b Od each; not prime, 2s Od to 3s Od; light, prime, 3s 3d to 4s Off'; not prime, 2s 3d to "2s 9d; fat roosters, heavy, 3s to 4s; licht, Is Od to. 2s Od; fab hens, heavy, 3s 3d to 4s ltd; light, 2s 3d to .3s 3d; laying hens, heavy, 3s 9d to 4s 9d; light. 2s Od to 3s od; pullets, heavy, best, 5s S'd to Os od; smaller. 2s fid up; light, best, 2s 3d to 6s 3d; smaller, Is Od drakes, voung, prime, 2s 9d to 3s Od; smaller. 2s 3d up; old, 2s Od: ducks, young. 3s Od to 5s Od; old. 2s Od up; geese, 3s Od to 4s Od; turkey hens. 4s Od to 6s Od; gobblers. 6s Od to lis Od. ■ . EGGS AND BUTTER Eggs. hen. first grade, 2s ey.d a dozen; B, 2s 4Vsd, C, Is llHd; duck, first grade, 2s 4Kd; B, 2s 3Vid; C. Is 6V a d. Farmers' butter, Is Id to Is 4d per lb. MINING NEWS YIELDS OF COMPANIES Gillespie's Beach Dredging ' (South West-laud).—Week ended June 21, a total of 3'JJoz. from 15,615 j-ards in 135 hours.