COMMERCIAL.

Stratford Evening Post, Volume XXXI, Issue 37, 28 September 1911, Page 5

COMMERCIAL.

LONDON WOOL SALES M 1 London, September 27. At the wool sales 7510 bales were offered, including 5741 from New Zealand. Compared with the prices at the July closing sales, the following prices were realised for the fleece portion of the clips named;—Good combing merinos, par to 5 centum decline; faulty, 71 per cent. I fine crossbreds, 5 per cent.; medium, 7\ per cent; coarse, par to 5 per cent. There was a very large attendance. There was good spirit and keen competition at the lower level. Wellington, September 28. The following cablegram has been received from the Commissioner, dated 27th September:—The avool sales have commenced, and there is a large attendance of buyers, with good competition. Americans are holding off. Merinos and fine crossbreds par to 5 per cent, loiver, medium crossbreds 71 per cent, lower, coarse crossbreds to, 5 per cent, lower, slipss 5 to 7i per cent, lower, scoured par to 5 por cent, lower. A total of 64,600 bales of Xaw Zealand wool has been catalogued.

Mr. Newton King’s weekly butter and cheese report from Messrs. It. and W. Davidson, Ltd., of London and Glasgow, under date August 17, 1911: Continental Butters. We have this week experienced a brisk demand, and choicest quality lias been readily cleared at an advance of Os to 7s per cut. The labour troubles all over the country are not yet settled, and, in consequence, spot stocks are short, and this, couplet! with the continued drought in our own country, and over Europe, has been the cause of . the present excited markets, telegraphic advices yesterday from Copenhagen state that, in consequence of the excessive heat which they are having in Denmark, the market there was firm, and the quotation to-day has been declared 8 kroner up. Danish and Swedish.—The total arrivals of Danish to this country during the week show a decrease of 1713 casks. There lias been an active market, and all best grades were quickly cleared. The tendency is for still higher prices. Wo quote choicest quality. 128 s to 130 s. Siberian.—The two steamers with 15,000 casks on board, which wo mentioned in our last as lying in London, are only now being discharged. In addition to this, further vessels are now due, so that the arrivals are fairly liberal. Notwithstanding this, tbo market is very firm, and prices show an advance ol about Gs per

cwt. Strictly fancy quality may now l)c quoted Ills to 1.165, finest 108 sto II os, with secondary at 102 sto iOOs.

French.—The supplies remain exceptionally light, and prices have been further • advanced. Extra mild is quoted to-day at 130 s to 138 s, finest 122 s to 128 s. Paris baskets 122 s to 131 s, and good to line 112 sto 120 s. Irish Creamery Butter. As a result of the unusual heat which they are having all over llrehmd supplies are decreasing. There has been a very active demand this week for strictly choicest quality, and prices show an advance of 8s to 9s per cwt on the week. Choicest quality salted 128 s, unsalted 130 s. Owing to the extreme prices now being asked for choicest goods secondary meets with a hotter enquiry, and prices range from 112 s to 12l)s, according to quality and condition. Colonial Butters. Australian.—There have been jnt) fresh arrivals. Steamers which have been docked for fully two weeks are still, owing to the strike, undischarged. it is, however, expected that these goods will he available towards the end of this week. Any goods which nave been in cold store and arc available for delivery command full rates, “choicest salted 116 s to 118 s, unsaltcd 118 s to 1225. Prospects are for continued higher prices from now onwards, and it is quite commonly expected that new seasons will open round about 130 s. Cheese. Canadian.—Tire market continues very firm. Canadian cables quote best qualities 62s to 63s cwt. Spot prices are also firmer, choicest coloured 60s to G2s, choicest white 60s to 61s. Now Zealand.—The market is extremely firm. Supplies of New Zealand on board the lonic and Turakina are still held up. When those goods arc available wo expect prices realised will range about 64 s. M.Z. Loan and Mercantile Weekly Report.

The N.Z. Loan and Mercantile Agency Company, Ltd., Stratford ’ ranch, report;—

Wo hold our usual monthly sale at To Wera on Friday, 22nd instant, when there were about 90 cattle yarded. There was a fair attendance, but the quality of the stock was not up to the usual, consequently bidding was slow, and only about half of the stock yarded was sold. Mixed yearlingsrealised’ |4os, empty heifers up to 77s 6d, springing heifers (backward and snail) Irma 70s to lot's.

On Saturday, 23rd instant, wo held our first springing heifer sale- in our Stratford There were 50 liciicrs yarded, 35 of which were sold at from 105 sto 147 s 6d. The quality of the stock was not nearly so good as usual, as they were in low condition and somewhat bacuw.J - d, but bidding was fairly good. There was a fairly,large attendance, about tixty farmers being present. In our Stratford yards on Tuesday, 26th instant, wo held our usual fortnightly sale, when there was a large yarding of GB9 head of cattle, a large number of which were yearling stec rs and heifers, and a line of hoggets. Although we had several outside buyers, bidding was slower than usual, and the greater proportion of the cattle were passed in, as owners’ reserves were somewhat higher than buyers’ ideas of values. The following prices were realised: — Yearling heifers 38s 6d to 535, 12 to 15 months steers 38s 6d to 60s, empty 2 year old heifers 64s to 795, store cows 51s to 77s Gel, bulls 48s 6d to 77s 6d, dairy cows 105 sto 160 s, dairy heifers (backward and small) loss to 127 s 6d. The line of hoggets, which wore a nice lot, realised 13s Id. During the last week, we placed privately a considerable number of store cows, empty heifers, and yearling steers, to outside clients, and we have several enquiries for both yearlino; and 2 year old heifers (empty) ana yearling steers of good quality. Lamason and Melville’s Weekly Report. Poultry: A fair number were offering, all meeting with good competition, the demand again considerably exceeding the supply. Wo quote: Roosters Is lid to 2s 7d, liens Is lOd to 2s 7d, chicks ICH. ducks Is 1 Ocl to 2s 41. Produce: There was a good supple. Cauliflowers made 4s 3d to c 's 3J pack or 2o to 4s 6d doz; carrots (good demand), 26 6d to 3s sack; potatoes, good table, 8s to 9s 6d sack; liish Rock and Northern Star seed, 5s to Gs bag; pollard, 11s 1501 b sack. Furniture, cans, tools and sundries sold well.. Largo quantity of drapivv and groceries at prices m favour of purchasers.