COMMERCIAL

Stratford Evening Post, Volume XXXI, Issue 99, 9 December 1911, Page 8

COMMERCIAL

LONDON MARKETS

London, December 7. At the wool sales prices were well maintained, crossbreds reaching the highest price of the series. There is a slight irregularity in faulty merinos. Shares; Waihi 57s 6d to 60s, Junction 29s Gd to 30s Gd. Silver, 25 9-16 d. The American visible wheat supply is 107,163,000 bushels. Imports for the month have increased by £l, 313,083; exports by £4,088,986, and re-exports by £375,623 Newton King’s Weekly Report. At Rahotu oil Tuesday I had a small yarding but a good attendance of the public. Fifteen to IS-month heifers and steers mot with good competition throughout. Yearling steers 31s to 40s Gd, 15 to 18-month do. £2 7s to £2 19s, 15 to 18-month heifers £2 Gs Gd to £2 12s, empty heifers £3 8s to £3 15s, store cows £2 10s tip £2 17s, forward £3 13s Gd to £3 19s, fat cows £4 15s to £5, springing heifers £5 15s, yearling S.H. hull £4, Ayrcshirc do. £4, Jersey do. £! Gs. On Wednesday at Waiwakaiho I had a small yarding (no doubt due to the sale being held on an off day). Mixed yearlings (poor) 255, 15 to 18month grade Jersey heifers £3 Gs, 15 to 18-month heifers £2 Gs to £2 18s Gd, 15 to 18-month steers £2 13s Gd to £2 18s, 2-year heifers £4 Is, springing heifers £6 Pis, store cows £2 9s to £2 17s, forward cows £4, fat £4 13s 6d, Jersey hull £4 10s, cow in calf £4 ss. At Okau on the same day owing to th rough weather a few of the lines advertised did not come forward, but notwithstanding this I had a good entry and a good attendance of the public. Bidding was quiet hut practically every line was cleared at the following prices: 15 to 18-month steers £2 5s to £2 17s, 15 to IS month heifers £2 10s to £2 IGs, 2-year steel's £3 7s Gd to £4 3s, hulls £2 5s to £4 10s, store cows £2 17s Gd to £ 345, fat cows £4 7s Gd, springing heifers £4, 3-year bullocks £5 7s Gd, hoggets 13s, fat wethers 15s Gd. LONDON WOOL SALES. The New Zealand Loan* and Mercantile Agency Co., Ltd., have reoeived the following cablegram, from their London house nuclei - date sth instant, regarding the progress, of the 6th series of wool sales:—As oofnpared with last • sales’ closing rates prices are higher by about par to 5 per cent Mr lambs, greasy merino medium,’ coarso greasy crossbred, scoured merino super, greasy merino inferior and greasy crossbred lambs; higher by about 5 per cent for scoured merino medium, coarso crossbred slipo, line greasy crossbred, fine crossbred slipe, and lino scoured crossbred; higher by about 5 per cent to 7.} per cent for scoured merino inferior, coarse scoured crossbred, medium greasy crossbred, medium crossbred slipo, and medium scoured crossbred. The’sales progress firmly. There is La. ’fair American demand for crossbred wool.