THE WOOL SALES.

Otago Witness, Issue 3114, 19 November 1913, Page 23

THE WOOL SALES.

MELBOURNE, November 11. At the wool sales for all better classes there was a strong demand at late rates. SYDNEY, November 13. The wool sales closed with spirited competition, good classes and merino crossbreds holding their own. Greasy super combing fetched to 15|d, a record for the season, but wasty and burry sorts were more difficult to sell. The southern markets show an easier tendency, especially for inferior classes. DUNEDIN MARKETS. 71KK i*tl DAIB.T raODUC* Messrs MTlroy Bros, and Ogilvie (aucceascrs to Irvine and Stevenson), George street, report paving for produce during the week ending the 18th inst., as follows: h'-n Is dv? j Sep tracer butter, IOJd ; i •; '•‘■.yias I p-:.- 16 Freeh butter, good ordinary (in lib and Jib prints). 9d to lOd per lb. Pigs, 1301 b to .‘6olb, sfd. Honey, id. Fowls, 3a to 3s 6d (boiling). WROI.ESAI V PRO»-C» REPORT*. Lirdsnv and Co Prince* street south, report under date the 18th inst.: Wheat pe: b n-hel. Oaten enaff 8.-st milling 4/0-4/ i Prime 82/0-90/1 Medium do 3/8 3/10 Good 80,0 Fowls’ ... 3/7 —3/9 Medium 55/0 —fiu/u Milling oats 8/4—476 Inferior l-'ti/0—45/ii Feed oats ... 1/10—2/0 Ryegrass and clover Malt harley ... 4/6 hay 65/0 —7f/0 Feed barley 2/6 — 3/0 (.'ape barley ... 2/1 Straw: Maize ... ... 4/0 Wheaten ... 35/0 per ton. Oaten 45/0 1 lour, in 200‘» ... 185/0 Rolled bacon ... 10 ; d Flour, in 50‘s ... 195/0 Side baron ... ! jd Bollard ... ... ii&/ Smoked nams ... I4d l.ran 85/ Cheese ... ...fid—7d Oatmeal, in 25‘s 260/0 Salt butter 9d—lid Pearl barley „ 280/0 (according to quality) Kgga. fresh ... 1/1 Potatoes. —Better inquiry, although shippers arc not operating. Prime lots. £-2 ss; medium and inferior neglected, £T 15s to £1 10s. Chaff. —Prime bright, lots meet with ready sales, but medium and inferior are neglected Prime, £4 to £4 10s; medium to good, £3 5s to £3 15s; light and discoloured, 50s. Onions. —Melbourne, £l3; Japanese, extra prime, £l6. THE HIGH COMMISSIONER’S CABLEGRAM. WELLINGTON, November 17. The High Commissioner cabled from London on November 15 (note -the quotations, unlees otherwise specified, arc the average market prices on spot): Mutton. —Market firm. Canterbury, 4|d. The supplies are nearly exhausted. Quotations are nominal. North island, 4|d for best quality light-weight. Iximb. —Market steady. Canterbury, twos, s^d; heavy-weight, fours, sd; other than Canterbury, s|d for light-weight. Beef. Market firm. New Zealand hinds, fores, 3Jd; chilled hinds, sd; fores, 3|d. Butter. —Market quiet, but no alteration in prices for Siberian, Argentine, and Australian, The supply exceeds the demand for unsalted. Danish, 129 s to 131 a; New Zoa ; ’and 124 s -to 1265. Cheese. — No alteration in market since last wc*"k. Canadian white and coloured, 65s to 665; New Zealand white and coloured, 63s to 645; English Cheddar, 80s to B4e; Dutch white and coloured, 61s to 635. Hemp.—The Manila market has fluctuated a good deal during the week, but closed

quietly and steady. Shippers’ offerings are very small, as reports from Manila indicate that the market is active at higher prices, or £1 to £2 above quotations. Fair current Majiila, £SO ss; forward shipment, £29 15s. The output from Manila for the week was 16,000 bales. New Zealand is easier for good fair. The market is quiet, but steady otherwise. At the close of the market there were sellers of good fair at £2B 10s; fair, £25 10s. Buyers are probably offering 5s lees.

Cocksfoot Seed.—Market firmer. . Business has been done with Danish at 51s 6d. New Zealand seed, weighing 171 b per bushel, was offered at 51s, but there wore no buyers. Wool.—-Current Bradford quotations for tops, 56’s, low crossbreds, 15i<3; 40’s, low crossbreds, 15pl; 44’s, medium crossbreds, 16d; 50’s, halfbroda, 19d; 56’s, quartorbreds, 22d; 60’s, merinos, 27jd. Market quiet, with a tendency in favour of buyers. The outlook for the next series is a little obscure, but it is not anticipated that prices will show much change. .

OAMARU MARKETS. (From Oue Own Correspondent.) OAMARU, November 15. There has been absolutely nothing doing in the local markets this week. The allurements of Christchurch Carnival Week drew away many of those connected with the grain and produce market, and those who remained in town report that owing to tl\o strike and the impossibility of securing transit by water northwards it has been impracticable to effect sales. The quotations for wheat, not, on trucks, at country stations, are:—Velvet, 4s to 4s Ojd according to railage distance; red chaff, 3s 9d (nominal —none offering); rod Tuscan. 3s 8d to 3s 82d ; solid straw Tuscan, 3s 7d to 3s Marshall’s white, 3s 7pl to 3s Bd. Oats are weak. Iho quotations are: A grade Gartons, Is llpi to 2s, net, at country stations; B grade, Id less. Potatoes are unsaleable, and are worth about 30s net, on trucks. . SOUTHLAND MARKETS. (From Ocr Own Correspondent.) INVERCARGILL, November 15. The oat market remains exceedingly quiet, very little business being done owing to the strike. Prices to farmers remain the same as last week —namely, on the basis of Is B£d on trucks at country sidings, sacks extra, tor A grade Gartons.

There has been an active demand for prime quality chaff, and £3 5s per ton on trucks is readily obtainable by farmers for that quality. The market for old potatoes is practically over, ns the North Island is being- freely supplied with new potatoes, which are now selling in Wellington at £7 per ton. Trices to farmers are therefore only nominal, and may be quoted at 25s to 3tte on trucks at country sidings. There, is an inquiry from the ,■ North Island for guaranteed old pasture ryegrass, but supplies of this quality arc not easily obtainable. Otherwise the wholesale business is very dead though, a good volume of business is passing in the way of retail salctt to farmers for sowing. The hemp market continues very quiet, advices from Auckland being to the effect that no business is possible there until after New Year. The London market also continues very quiet, having, if anything, an easier tendency. On the basis of present offers fair is only worth £l9 10s on trucks at country sidings, high fair about £2l 10s, and good fair about £22, all net to millers. The market for fowl wheat is fairly well supplied, but there is very little prime quality offering. This quality is saleable at up to 3s, on trucks at country sidings, net to growers. HIDE SALES. MELBOURNE, November 13. At the hide sales to-day there was a good catalogue. Bidding was quieter and prices wore one-eighth' of a penny lower than last week. SHEEPSKIN AND HIDE SALE. Messrs Wright, Stcphensoji. and Co. (Ltd.) report as follows: -Our fortnightly sale of sheepskins and hides, on account of the Otago Co-operative Tallow and By-products Company (Ltd.), was held at Burnside on the 12th. There was a full attendance of buyers at the sheepskin sale, and competition was very keen for all classes of skins, prices remaining very firm at last sale’s values. Best halt bred to 9gd, best fine crossbred to B|d, medium to best crossbred to Bgcl, medium to Bid, three-quarterbreds (best) to 3ad, medium to Bd, Leicester's 7|d to Bd. hoggets to 7fld, lambs 63d.

At the sale of hides there was the usual muster of buyers, hut bidding was dull, and prices were slightly' easier. We bad no hides of special merit on offer. Our top price in ox was 9sd. Stout heavy ox. 9RI to 9Jjd; heavy-, B|d to 9d ; medium, B’d to B|d ; light, Bgd to B|d. Stout heavy cows, none on offer; medium, to 7|cl ; light, to 7-|d. Calfskins, to lOd. GRAIN AND PRODUCE REPORT. Messrs Daigety and Co. report as follows: - —We held our weekly sale of grain and produce on Monday, vvhe/i values ruled as under: —Oats: The market is dull and lifeless, and shipping at present being at a standstill limits the competition to local buyers. Millers are also operating only on a very small scale. We quote values nominally: Prime heavy Gartens, 2s to 2s medium. Is 8d to Is lOd ; inferior, from Is 6d per bushel (sacks extra). Wheat: The small quantity of prime milling wheat coming under offer is being taken by millers at quotations. Fowl wheat is in fair supply, and meets a good sale locally. Prime milling velvet, to 4s 3d; velvet oar and red chaff, 3s 9d to 3s lOd; prime milling Tuscan, 5s 8d to 3s 9d; best whole fowl wheat, 3s 5d to 3s 7d; medium to good.’3s Id to 3s 4d ; damaged, from 2s 9d per bushel (sacks extra). Potatoes ; Consignments of old potatoes continue to come to hand, but the quantity is in excess of requirements. The demand, being purely local, is anything but keen, and sales are difficult to effect, except for choice frcehly-pickcd tubers in firm condition. Medium and out of conditioned sorts are almost unsaleable. Best tables, to £2; medium to good, 30s to 55s per ton (sacks in). Chaff: Moderate consignments are coming to hand, the bulk of which are of medium quality. Shippers are unable to operate on account of the strike, and the demand is confined to local feeders, who also are operating cautiously. Prime quality receives most attention. Medium and light are more difficult to place. Choice black oaten sheaf, £4 5s to £4 7s 6d ; best white oaten sheaf. £4 to £4 os; medium, £3 10s to £3 17s 6d per ton (sacks extra).

Messrs Donald Reid and Go. report: —We held our weekly sale of grain and produce on Monday, when values ruled as under; Oats: The market is in a stagnant condition, and sales are difficult to effect even at a reduction on late values. Prime milling, 2s Id to 2s lid; good to best feed, 2s to 2s Id; inferior to medium, Is 6d to Is lid per bushel (sacks extra). Wheat: Millers are buyers of any prime lines offering, but are not operating to any extent in lower grades. Offerings of all sorts are light. Fowl wheat is scarce and meets ready sale. Prime milling velvet, 4« 2d to 4<j 3d; velvet ear, 3s lOd to 4s; Tuscan, 3s 9d to 3a lOd; best whole fowl wheat, 3s 6d to 5s 8d; medium, 3« 3d to 5s sd; broken and damaged, 2s 6d to 3s per bushel (sacks extra). Potatoes : The market is glutted, and sales are slow at reduced rates. Beat table potatoes, 35s to 40s; medium to good, 25s to 30s per ton (sacks included). Chaff: Consignments are coming to hand more freely. Prime quality continues to meet with fair demand, but indifferent lots have little inquiry. Best oaten sheaf, £4 to £4 ss; choice black oat, to £4 7s 6d; medium to good, £3 10s to £3 17s 6d; light and discoloured, £3 to £3 5s per ton (bags extra). SHEEPSKIN SALES. The Dunedin Woolbrokers’ Association (Dalgety and Co., A •Moritzson and Co., National Mortgage and Agency Company, New Zealand Loan and Mercantile Agency Co., Otago Farmers’ Co-operative Association, Donald Reid and Co., Strouach, Morris, and Co., and Wright Stephenson, and Co.) reports as follows; —Large catalogues wore submitted to a full attendance of buyers. Competition was again very keen, and prices realised were fullv on a par with last sale’s advanced rates. Quotations arc as follow: Full wools : Halfbred, BJd to 9pl; fine crossbred, Bpi to BJd; crossbred, 8d to Bpi; merino, 7d to 7pi. Half-wools —Halfbred, to 8p;l; fine crossbred, 7d to 7pl; crossbred, 6d to 7d. Lambskins, 6d to 6|d. Pelts, 3d to sd. Dead: Halfbred, 7d to 7|d; crossbred, 6d to 7|d; merino, 6d to 7d. The above quotations are for well-got-up skins—sweated, mildewed. weatherbeaten. and ill-stretched skins bringing from Id to 3d lower, according to condition. GORE HORSE BAZAAR. Messrs Wright, Stephenson, and Co. report as follows: —Wo held our fortnightly sale of horses before a medium attendance of district settlors, contractors, and the general public. Owing to unforeseen circumstances a good number of the entry could not come forward. Wo submitted 22 horses, and disposed of the majority at highly satisfactory prices. The following are the principal sales: —Black marc, 7yrs, £3B; bay mare, syrs, £33 10s; bay gelding, 6yrs, £37 10s; aged gelding, £l*9; brown mare, 4yrs (unbroken), £26; bay mare, 7yrs, £22; grey harness mare (aged)* £9 15s. *

OTAGO FARMERS’ HORSE SALE. The Otago Farmers’ Co-operative Association of New Zealand reports: Wo hold our weekly sale of horses in our bazaar on Saturday, when wo offered to a lull attendance of buyer.s, fanners, and carriers, an entry of 45 horses of all classes. Consignments came forward frem South Canterbury, 'Blucskin, Otago Peninsula, Taicri, and Milton, and most of the entry changed hands under the hammer at satisfactory prices. Bidding in the earlier i>art of* the sale was a little slower than usual, perhaps on account of the strike, but there is still a good demand for -useful maroe and geldings for farm and town carriers’ work. We quote : Good young draught mares, at from £3B to £45; extra good Clydcsda'e mares, suitable for stud purposes, £45 to 80 guineas; superior young draught geldings, fit for shaft and lorry work, £3B to £4B; extra, to £55; ordinary draught marcs and geldings, at from £2B to £3B; aged draughts, at from £lO to £2O: good strong upstanding vanners, at from £26 to £35; heavy springcarters, at from £2O to £27 10s; ‘ordinary spring-carters, at from £ls to £2O; upstanding buggy marcs and geldings, from £l6 to £25; hackneys and cob ponies, from £8 to £ls. THE PROPERTY MARKET. At the rooms of Messrs Park, Reynolds (Ltd.) on Monday 45 sections in the estate of the late Mr J. J. M’Auley, situated at Portobello and Seatoun, wore submitted to auction. Only two sections at Portobello were disposed of for £3O and £35 respectively The bidding for the other sections failed to reach the receive figures, and the properties were consequently passed in.