COMMERCIAL.

Poverty Bay Herald, Volume XLVII, Issue 15465, 9 March 1921, Page 5

COMMERCIAL.

•THE WOOL SALES. j (Elec. Tel. Copyright—United Press Assn.) LONDON, March 7. The Bradford wool market is very quiet and practically no business is being juone.—A. and N.Z.C.xY. . SYDNEY, March 8. The wool sales were resumed, but the market was dull' and lifeless, due to tho collapse of the London sales. Greasy realised 28-|d.—U.P.A. The N.Z. Loan and Mercantile Agency, (Jo., Ltd., have received the following cablegram from their London .rouse, under date March 2: Tallow. — .V'e quote present spot values for, the lollmvirig descriptions: Fine mutton £2 per cwt.j- good beef, £1 17s 6d per nvt.; mixed, £1 10s fid per cwt. Limited demand. Cheese: Quotations, colored £7 18s 6d per cwt., white £7 7s per cwt. Market firm. Messrs. Williams and Kettle, Ltd., are ill receipt,of the following cable udvricc giving the closing rates for the February woolsales, which are as fol,o\vs: 56’s, Is sd; 50 s, Is lfd; 46’s, 11 Id.;’ 445, lOd; 40’s, 9jcl; 36’s, B|d. Market Hosed weak. The following are ;miliary closing rates, which we give for comparison : 56’s, Is 7d; 50's, Is 6d ; ,6 s, Is id ; 44 s, 10id ; 40's, 9|d ; 36’s, Jjd. | Messrs. Dhlgety and Co., Ltd., have received the. following cable from thflr uondon ofiiee: “The wool sales closed fairly firm at lowest levels. As compared with the closing rates of last sales super-merino wools were 20 per cent, to 25 per cent: lower; best free merino scoured, 5 per cent, to 10 per cent, .ower • memos of other descriptions, j 0 per cent, to 25 per cent, lower. Crossireds, fine quality, 10 per cent, to 15 per cent , lowercrossbreds, medium and joarse qualities, 20 per cent, to 25 per :ent. lower. Continental buyers were .aperating freely, ; Home buyers have aought small quantities. Forty-five housand bales of free wool were offered and about 70 per cent-, sold; 75,000 bales of Government, wool were offered and about 60 per cent, sold.” MATAWHERO STOCK SALE. j The Poverty Bay Stockbrokers’ Assoiation held their weekly sale in the Matawhero saleyards to-day. There was only a fair attendance. Bidding was lot brisk, and prices were about- on a iar with last week’s'sale. There was only a very small yarding in each line, vhile,there was a. particularly poor yarding of store cattle. About .20 1-shear omney rams changed hands at Sales, under the hammer were ns folows : Fat Sheep : 53 fat ewes 15s. 89 wethers '2s 6d, 1 ewe 8s 6d, Fat Cattle: -4 fat cows £7, 7 do. £7 15s, ] fat bullock £ll 12s 6d, 2 fat cows (Jersey sorts) £6. 3 fat cows £7, 1 fat heifer £9 ss, 6 fat bullocks £lO 2s 6d. , Pigs: 1 sow £2 ss. 1 barrow £1 15s, 1 ’o. £2 2s, 1 do. £2 2s, 4 weaners 10s, 3 10. 8s fid, 4 do. 10s, 2 do. 16s, 5- do. ! .3s fid, 3 pigs £l, 3 do. £l, 1 sow and 7 young pigs £3. Store SheepM32 mixed aged ewes 6s 'd, 102 5-year ewes 14s lOd, 43 4 and ’■-tooth ewes 12s, 45 lambs 10s sd, 64 lambs. 12s 9d, 47 4-year owes 13s, £8 'iambs 9s 3d, 9 2-toaih ewes 12s 9d, 42 nixed: ages, ewes 10s 9d, 12 do. 8s 3d, 12 ">-year ewes 10s 6d, 31 mixed ages ewes s, 27 2-tooth wethers 16s, 37 4 and 5*ear ewes 11s, 12 full-mouth ewes 8s 9d., 03 4 and 6-tooth ewes 15s 6d, 195 lambs as, 105 lambs 6s 2d, 75 4-tooth ewes 12s Id, 508 5 and 6-year ewes 16s 9d, 334 4 and 6-tootli ewes (200 sold) 20s 4d, 528 5-year ewes 19a Id, 227 5 ■ and 6-year awes 16s, 59 '4-year oiyes 19s 6d, 200 1, 4 and 6-tooth ewes 22s 4<l. Store cattle: 3 steers, £4 ss.