COMMERCIAL

Stratford Evening Post, Issue 18, 16 January 1929, Page 8

COMMERCIAL

WOOL, HIDE AND SKIN SALE. The New Zealand Loan and Mercanitle Agency Ltd, report having held their monthly sale at Stratford on January 15, when to a representative ‘ bench of buyers a catalogue comprising 70 bales of wool, 700 sheepskins, 463 hides and calfskins, also 10 tins and 3 casks tallow was submiitted. The undermentioned ijrices were obtained. Wool. —Southdown fleece 17J.d per lb., crossbred fine to medium 14R1 per lb., ditto coarse 13£d per lb, dittb medium, and biddi 13Jd per lb, ditto cotted and heavy biddi ll£d per lb, ditto dead llsd per lb, ditto locks and pieces Sd per lb. Sheepskins (dry).—Crossbred pelts Is t 0 3s 4d each, ditto woolly pelts 3s lid each, ditto J wolled torn and damaged pelt s Is 3d each, ditto h to 2 woollcd Ss each, ditto hoggets sound. 10s 6d to 11s Sd each, ditto lambs 3s Sd to 7s each, ditto full wolled 12s 6d each. Sheepskins (salted). —Crossbred peltg L'our Is 6d to 4s Gd each, ditto lambs from 2s 3d to 4s 6d each, ditto hoggets from 8s to.Bs 8d each, ditto full woolled 7s lOd to 11s 6d each. IJidcs and calfskins. —(Calfskins cut and slipy 2 S to 2s 9d each, ditto slipy 3s 4d each, ditto cut 5s Id each, ditto light 4s 6d each, ditto seconds 5s 9d each, ditto firsts Gs 2d each, dKto heavy 6s 7d each, year- . lings from 10s Gd to 19s Id each, cow : hides sound from 21s lid t'o ’29s Gd each, ditto cut 24s 9d each, ditto slipy 17s each, oxhides sound from 25s 7d to 60s each, bullhide s sound 22s 8d each. Tallow (in tins) 25s Gd per cwt. Tallow (in casks) 2Gs per cwt. The next sale will be held on FsbIruary 19. LONDON MARKETS. Messrs A. H. Turnbull and Co. Ltd. of Christchurch report as under on the dairy produce market. The top London quotations for the weeks ended 1,8, 15, 22, 29, Jan. 5, Jan. 10 respectively are as follows: Danish butter 1995, 2045, 218 s, 2125, 200 s, 1955. , N.Z. unsalted 198 s, 198 s, 198 s, 198 s, 198 s, 198 s. N.Z. salted 178 s, 180 s, 18Gs, 186 s, 186 s, 184 s 188 s. , Cheese, white 102 s, 98s, 98s, 98s, 975, 965; coloured 102 s, 98s, 100 s, 100 s, 100 s, 995. v Cabled prices show a steady advance in values, to-day,’s quotation being 186 s to 188 s with firm market. Messrs W. Weddell and Co. Ltd. cable that the rapid decline in Australian gradings owing to dry weather resulted in heavy intlbr-state buying and almost eliminating the export /trade. Further, the declared stofcks in London on January 1 are extremely light, resulting in a further buying wave in New Zealand. Sales have resulted during the present week at Is Gd f.o.b. for prompt January shipment, Is 53d for January and February and Is 5Jd for January, February and March. Present: prospects, are good and an advancing market in London may be expected. Gradings are appended and show that >the rate of increase during the first half of the season has not been maintained during December, butter being on a par with December of last, year. Cheese. —The market in London continued firm until the end of December and further f.o.b. sales were made for the second half of the season’s make, prices ranging ftom 9d to 9-l/16th.. Colder weather experienced in United Kingdom curtailed consumption resulting in a weakening lin spot prices and the withdrawal of forward buyers from the New Zealand market meantime. 1 Gradings in tong for the years 1926, 1927, and 1928, respectively are —Butter graded during December 11,650, 12,600, 12,680; 5 months to 31st December 35,700, 41,488, 43,693; in store at 3lst December 10,750, 7,250, 5,663. Cheese graded December 12,850, 12,532, 13,271; 5 months to 31st December 33,800, 35,109, 39,601; in store at 31st December 10,050, 9,050, 7,498. STUD SHEEP SALE. FETLDINI&, Last Nigßt. ' | The first .stud sheep sale by West j Coast stud breeders was held to-day. \ There were a large number of entries. I Romneys were sold to-day. The best J price, 305 guineas, was paid by Mr iR. Tainnor '(Loingbum) for a ram bred by A. L. Wheeler (Hunterville). Tbo same vendor sold one at 130 guineas to Mr D. Cl. Gorlong (Fcilding). On bobalf of E. Short estate, rams went at 300 guineas and 200 guineas. Mr E. E. Short paid! 250 guinea,s for a ram offered by Mr G. E. Allen, and Mr W. Rowland. (Rongotea) seemed 100 guineas for a. Romney. Mr A, E. Car (New South Wales) paid ip ; o guineas for one of Mr Short’s \ rams. There was no sale for stud ewes. Y STRATFORD SALE. Messrs Newton King Ltd report