COMMERCIAL

Poverty Bay Herald, Volume LV, Issue 16866, 1 February 1929, Page 12

COMMERCIAL

LONDON WOOL SALES (Elec. T»l, Copyright--United Press Aesn.l (Australian and N.Z. Press Association.) (Received Feb. 1, 11 a.m.) LONDON, Jan. 31. At the wool sales, the total catalogued was 102,70(1 bales. It, is estimated that about 49,000 bales were sold to the Continent, 2000 to the United States, 34,000 to the home trade, and 17,000 held over. BEANS IN BAD CONDITION SYDNEY, Jan. 31. Large consignments of New Zealand and Victorian beans arrived in the Sydnoy markets yesterday. To-day they were in bad codition and were condemned. Four hundred bags and cases were sent to the tip. At least 75 per cent, were uneatable. AUSTRALIAN PRODUCE PRICES. SYDNEY, Jan. 31. Produce quotations are as under : Wheat at country stations 4s Old, ex truck, Sydney, 4s 7£d; flour £11; pollard and lira'll £7; potatoes, local £lB, Tasmanian £l2 to. £lB, Victorian £l6; Onions, Victorian £8 to £10; oats, Algerian or white 4s 6d. ADELAIDE, Jan. 31. Wheat growers’ lots 4s 6d to 4s 7d; flour £lO 17. s 6d; bran £6 ss; pollard £6 12s 6d ; oats 2s 6d to 2s 8d MELBOURNE HIDES SALE MELBOURNE, Jan. 31. At the bides sales best conditioned lines were unchanged in value; others id lower. NEW COAL MINE TO BE OPENED (Per Press Association.) HAMILTON, last night. A new coal mine is to be opened shortly five miles from Ngaruawahia, to be be known as the Wilton mines. The coal will be brought by aerial cable to Ngaruawahia, where the screens will be placed. HAWKE’S BAY RAM FAIR (Per Press Association.) NAPIER, last night. Glorious weather prevailed ‘for the opening of the Hawke’s Bay Ram Fair at the showgrounds at Toinoana this morning. The sale was attended by a large number of buyers, who competed keenly for (lie best flocks and showed a decided tendency to buy in single pens rather than in runs. The prices were very good lor the best flocks, but only fair for others. Romneys only were offered, the top price being 21jgns. for a pen of six from A. P. Southey, Masterton, sold to the Meeanee Mission, Napier The maize market is almost stationary, with merchants still quoting 6s 6s per bushel ex store. Gisborne dealers ore quoting 5s 3d per bushel f.o.b. for prompt, and Id more for later deliveries. They are striving to push the market up, but with supplies still coming forward from the Bay of Plenty, and with the country full of wheat, their prospects do not seem hopeful. —Auekland Star. There was a big entry of both cattle and sheep at Stortford Lodge (H. 8.) on Wednesday. Fat cattle showed an improvement in values with keen competition. Small prime bullocks brought prices which must bring the beef out at close to 40s per lOOlbs. A good demand was also evident for store cattle and some excellently bred lines were offered. Fat sheep improved in value about Is per head, the demand being good with few passings, but store sheep, of which there was an unusually heavy yarding, eased in value, probably aS a result of the big supply and the recently altered weather conditioss. As a result there were a number of lines passed in. —Telegraph.

Dalgety and Co, have received the following cable message from their head office, London, dated 30tli inst. : —“The London tallow market is unchanged.”