COMMERCIAL.

Timaru Herald, Volume CVIII, Issue 16798, 31 March 1919, Page 2

COMMERCIAL.

THE Australian and N.Z. Cable Assn- 1 V Received 5.5 p.m., March 30th/ NEW YORK, :March 28. The sterling exchange continues to fall. For sixty „days_biHs.Lit- is 456 cents. « ~- -7 %,Z1 ""_ \ ' ' - ' *? -■* DEALINGS, IN BULLION. The Press Bureau reporter The Board of Trade.announces the'prohibition of* exportation of gold, coin and bulliox to all destinations. Licenses will bo issued permitting importation of any quantity of gold "oullion. BRITISH WOOL MARKET. LONDON, March 28. The resumption of wool auctions is awaited with great interest. A keen demand is expected for superior sorts It, is felt that increased production is vital to. restoration s of the trade's prosperity. It is not anticipated that there will be a great Continental deliiahd for raw material, because the manufacturing industry in Francs and Belgium has not yet begun to recover from Iho effects of tho invasion. On the other hand Germany has kept considerable stocks and is actively, preparing for resumption of trade.

CLEARING SALE REPORTS

The Canterbury Farmers' Co-op. Assn. Ltd., report prices as below at the following clearing sales held during last week:- . " Daly Bros., Ealing, Monday, 24th March—lso ■ 2-shear ewes 325, 230 1shear ewes 28s 3d; :248 : 3-shear ewes 26s 9d. Geldings, {"years £3O, 7 years £35, 6 years £27. Implements and sundries "at full market rates. Duncan Tavlor, Orton, Tuesday, ;25tli March—4s fat wethers 31s, 72 fat ewes 27s lOd, 99 fat lambs 25s lOd, 235 2-tooth ewes 31s. Gelding 4 years £lB, mare £l2, d.t". plough £l2, tripod harrows £9. drill £lB 10s, dray and frame £l3.

A. T. Ayers, Hunter, Tuesday, 25th March—lK f. and f. lamb 3 20s 9d, 105 3 and 4-shear ewe s 27s 9d. Mares 7 Tears £lB 10s, 4 yeans £l3, geldings 5 Vears £2O 10s, and £2l, 3 years £26, £-21 10s. Cows in profit £l2. £ll ss. Mi s W. McKib'oin—Pleasant Point, "Wednesday, 26th March—A complete clearance at full market rates was made of high class furniture. P. W. Borrie, Waihad Downs, Tbursdav, 27 March —258 2-shear ew«s 355, 326 s.m. ewes 30s, and 27s 6d, 156 fat lambs 245. Stud mares "Bcse Graceful" 40gns., "Lady Maude" I6gns., "Lady Morey" and foal 36gns. Geldings 9 Tears £l6, 7 'years £2O, mares 9 years'£2o, £l4, 6 years. £45J. Movnihan, Wailmo Downs. Thursday 27th March—:GeWinga £23, £35, marcs 7 Tears - in profit £ll"and £lO 10s. O. F. Schmedes—Temuka, Friday, 28th March—Excellent, prices. were- recorded for " the sale of* Mr C. F. Schmedes's dairy herd, and bidding was spirited throughout. Cows (3rd ealv-*-rs) 26gns., £l6 10s, £l6, £ls, £l6, 4th calvers £ls, £ll, sth calvers £l6, £ls, £2l, £l7 10.-, £2O, &1-3, £l4, 6th calvers £ls 10s. 7th oalvers £l7 10s, 2nd calver £24'3s. The whole herd averaged just_on £l7 per head. ISmonth he'.icrs (due November and December) 1 at lOgns., 4 at £9, 2 at £8 15s. _:■:■- A■-..-

PROPERTIES ON WFER. At their land salerooms ou Saturday tho C.F.C.A., submitted •••'to auction a farm, of 200 acres at Levels, on account »;f Mr B. Arras. It was passed in at £24 10s. They also. cjF;red a farm of 1160 acres at Tofara Valley, ou account of Mr Olliver. This found no Jiuyer. Both properties are now open Jor private treaty. Da'.gc-iy and Co., at their land salerooms on Saturday submitted a farm of 275 acres at Tycho Flat on account of 'the executors of tho late Mr Neil O'Boyle. Bidding staitrd at £2O, and at £22 10s the farm was passed in to the- hid of Mr T. Brosnau. The firm next submitted; two farms at Ma'Varo on. account of thr late Mr H. ScamieK. The 1.;.".. rnnu nf :?(>"> nr-r°s vns nnssed iii n.- *2o! v » te tV hM of Mr AV. Casey,

'•hi'"> for *'v°hol'l farm of ?6 -> - -] lf ~.0 n 0 iv'|_ it ;= oxprcted that l"-t'< forms will be so'd eariy in the wfck-

TATTERSALL'S REPORT. The yarding at Tattersall's on Saturday last w:'s much larger than usual, 43 horses of all classes comprising the entry. t\\« bulk being young draughts of very -fair quality-. The attendance was good and bidding brisk throughout the sak»> and most of the yarding was disposed of by auction and privately, at prices as follows —Young draughts £l7, £l7, £lB 10s £23. £23 10s, £2-5. £26, £27, £2B, £2S 10s, £29, 2 at £29 10s. £3O £3l tu £32; 8 and 9 year- o lds, £8 10s, £ll, £l2, £l3 10s, £ls 10s to £l7; harness horses (inferior) £5, £7 10s, to £9. pony turnout £32. Harness and sundries sold at late rates.