LATE COMMERCIAL.

Sun (Christchurch), Volume I, Issue 35, 18 March 1914, Page 10

LATE COMMERCIAL.

LONDON WOOL SALES. The Bank of New Zealand has received the following cable from its London office: —The market has closed with good demand for fine and coarse crossbreds; medium crossbreds neglected. Total quantity held over, 3500 bales, of which 1250 bales are New Zealand. Prices for crossbred medium grease average are 5 per cent, lower compared with the opening of this series. Messrs Da)gety and Company, Ltd., have, received the following cable from the London office, dated March 17: — "Wool sales closed firm without further change. As compared with last sale's closing rates, merino wools, medium to good greasy, are 10 per cent, higher, heavy earthy and wasty par« to 5 per cent, higher, and other descriptions 5 to 7i per cent, higher. Greasy crossbreds, fine quality 10 per cent, higher, medium 5 per cent, higher, coarse 7\ to 10 per cent, higher. Scoured crossbred wools 5 to 71 per cent, higher. SJipe wools 7\ per cent, higher. Lambs' wool 5 to 7i per cent, higher. Total net quantity available for sale amounted to 144,000 bales, of which some 17,000 bales sold for America, 83,000 bales for home consumption, and 40,000 bales for the Continent; IOQO bales were not offered, and 3000 balesTwire carried forward. TO-DAY'S POULTRY MARKET>~ Farmers now take advantage of the Wednesday poultry sale, and to-day there was a good entry in the market, and prices were high. Table chickens realised 4/6 to 7/10, ducks 4/- to 5/3, hens 2/- to 4/6. Pullets were in good demand,

and one fine line of purebreds realiw4 21/-per pair. THE BOG MARKET. , Eggs are coming forward freely, and equal to the demand. Canterbury Egg Circle extras realised 1/5, seconds 1/3 to 11/4, stores 1/2 to 1/3 per dozen. Speaking .to a number of farmers at i to-day's poultry market, Mr J. B. Mer- ! rett gave some interesting figures ns to [the value of the poultry industry in the dominion, and especially in Canterbury. I According to the last census there had been in five years an increase of half a t million head of poultry, which >laid 19,388,971 dozen- of eggs annually, valued to producers at £969,448. The table poultry was valued at £300,066, making in all a total of £1,269,514. The export of poultry and eggs by means of overseas shipping, and < the Vancouver trade from Canterbury showed the posai- ..... bilities of the poultry industry to farmers. During 1913, when the strike and smallpox scare affected our exports considerably, we exported 22,663 head of v poultry and 28,893 dozen of eggs, representing in value £SOOO for poultry producers in Canterbury. "These figures, added to local consumption of eggs and poultry," said Mr Merrett, "show what an expansive trade the poultry business will yet become. KANGIORA MARKETS. There was a good yarding at the Rangiora sale yesterday. The entry for sheep totalled 8732, cattle 72, and pijgs 186. Fat lambs made 18/- to 19/1, fat wethers 17/9 to 20/-, full-mouthed ewes 18/6 to 21/3. The x following, sales made: — Store sheep—4 and 5-y.ear ewes 14/3, s.m. ewes 18/6, 22/3; fan. ewes, 11/7,' 15/3; 2-tooth forward wethers, 16/9, - 18/10; 2-tooth three-quarter ewea, 18/6; three-quarter ewe lambs, 15/2;. rape lambs, 14/- to 16/-; 6 and 8-t<\oth, 18/6, 20/-; G. Barker, 143 lambs, 17/11; Fitzgibbon, 39, 18/-; J. Petrie, 157 wethers, 20/10; A. S. Barker, 88, 18/2; W. Cunningham, 15 three-quarter, 16/8; do., six ; forward ewes, 16/7; client, 7/ do., 18/9; J. Wallace, 8 do., 14/6; D. Kennedy, 43 do., 14/-; W. -Foster, 83 14/10; 66, 16/10; T. S. Kennedy, 56, 18/2; client, 9, 16/-; J. S. J. W. Foster, 43, 15/-; E. Duncan, 83 lambs, 17/6; Duncan, 88 lambs, 17/6; Hassan, 21, lambs, 18/8; Kennedy, 86 lambs, 17/6; W. Schooner, 28 lambs, 17/-; Dixon, 42 lambs, 16/8; H. Dichoff, 20 lambs, 20/-; J. Dalziel, 39 lainbs 17/4, 24 "do. 17/3. ,r~ , f Fat Sheep—W. Cuningham, i wether,' 20/-; T. C. Beuley, 1 ewe .17/6;. E. League, 18 ewes 12/4; W. Stalker, 30 ewes 14/4; Wright Bros., 20 ewes 13/3; A. S. Barker, 1 ewe 8/6; P. O'Connor 1 lamb 15/6; J. Bi-osnan, 4 ewes 15/6; A. Miller, 10 ewes 15/6-; A. Miller, 18 ewes 14/-; R. Collie 19 ewes 14/6;; J. 11.I 1 . Dawson, 31 ewes 15/-; W. ParsOn 26. wethers 15/8, 16 at 19/2, 10 at 20/6; J.; Brosnan, 48 ewes 12/1, 28 lambs 17/1;, W. Parson 72 lambs 17/-;. O. Miles 385 lambs 18/-; J. White 35 lambs 18/6; E. Beuley 162 lambs-17/8; R. M'lntosh 123' lambs 18/5; D. Anderson4olamTbsl7/i.O; J. B. Catherwood 71 lambs 17/3; R. , M 'ltttosh 214 lambs 17/10; R. Atkinson .- 45 lambs 17/9; F. League 211 lambs 18/-; J. Croft 132 lambs 18/-; W. Stalker 42 lambs 8/6; R. Collie 83 lambs - 17/2; A. Miller 83 lambs 17/10. Skins. —Heavy crossbred 7/-, lamb skins 2/6, pelts 1/9, fleece wool 7fd, Ifd, horsehair 1/-. Poultry. —-Roosters 7/2,' hens-' 3/1, geese 6/9/ ducks 5/6. t; Messrs DeveT'eaux, King and Co. sold, • on account of Mr Anderson, 50 acres in the Ashley district, at £2O per acre, ! to Mr W. Mitchell, of Darfield. • f , r •/ • Press Association. 1 AUCKLAND, Match 18. Sales—Ross 5/5 and 4/9, Talisman 41/3, Auckland Gas 27/6. WELLINGTON, March 18. Sales reported—National Insurance 51/3, Kaiapoi Woollen (pref.) 105/-, Mosgiel Woollen. 72/-, Waitangi 1/-. ...... 4 The following was received by the secretary of the Christchurch Stock ExI change from the Reefton attorney of the ! Progress mine:—"Progress mine!: 35 east crosscut face of crosscut has reached the hanging wall, giving a total apparent width of reef of 55$ inches. The last 12 feet, of the crosscut have given very payable results. Apparently struck the reef on, the crest of Anticline reef, and it is apparently pitching to the south. Now pushing from No. 11 level. Have cabled London." —\