Article image
Article image

COMMERCIAL . -** DALGETY AND CO.'S LONDON REPORT. Dulgety and Go. havo received the following report, dated London, July 26th :—The fourth series of colonial wool sules for the current year, which i opened on the 11th instant, closed to- j day. As mentioned in our last circular, manufacturers in this country had been somewhat upset, prior to the opening of the series, by a combers' strike in Bradford. Labour troublos in the shipping trade, which threatened to extend to London, also had a depressing effect on buyers. - Fortunately, the Bradford strike was settled a fow days beforo the sales commenced, and the labour difficulties here seem to be in course of being overcome without any stoppage of work, so that the general situation at the opening was more favourable than seemed probable at the end of June. Opening rates showed practically no change, so far as merinos were concernnd, from values ruling at the close of May series, and in the case of crossbreds prices wero quoted at par to 5 per cent, decline. With better and more representative catalogues than those put forward on the opening day, hesitation in biddings disappeared, and all greasy wools, both merino and crossbred, showed oh the average no change from May closing rates. Scourocls, however, continued to I sell with considerable irregularity, and in crossbreds tEe initial decline beca-me somewhat more pronounced. Sliped ; crossbreds generally sold at a declino of 5 to 7-J per cent., though the demand for thorn was rather better at tho close than in the early part of'the series. * ■ We now quote (as compared with closing rates or May series): —Merinos — greasy superior par to 5 per cent, higher, good par, heavy and wasty 5 per cent, lower, scoured good to fine unchanged, medium and inferior par to 5 per cent, lower; crossbreds—greasy unchanged, scoured 5 to 10 per cent, lower, slipe o to 7i per cent, lower; lambs, unchanged. Out of the net quantity available of 175.000 bales, 134,000 were sold—viz. : 86,000 bales to the Home trade, 46,000 bales to the Continent, 2000 bales to America; leaving 41,000 bales to be carried forward to next series, of which 30.000 bales were not catalogued. .. There was a largo attendance of buyers throughout the series, and biddings wore sustained with considerable animation for all good wools. As is usual at this time of year, the catalogues contained many faulty and wasty lots which are always difficult of sale, except in a very strong market, and such parcels at times sold at prices which exceeded tho declines quoted. Short merino scoureds were rather neglected, as wero also scoured halfbreds, which suffered from the poor demand for the Scotch trade. in. May this demand was very noticeable, but buyers seem to have overbought themselves, with the result that they are now out of tho market and their specialities are flat. South American Wool.—Offerings have comprised: Puuta Arenas-12,350 bales, Falkland Islands, 1750 bales. River Plato 1350 bales; total, 15,450 bales. These havo been pretty well cleared at prices which showed little change from May rates. As regards tho future of the market, there is at present no very clear indication. So far as September is concerned, we look, at any rate, for fairly .steady .values, and it is possible there might be some' advance, especially if American demand should increase. Tho -selling season in Australia seems to be opening rather earlier than usual, and as l'eports point to some further increase in production, prices in Australia may show some reduction which would probably be reflected in tho January sales here. ■ ■■■•■•-' We shall, no doubt, see the usual attempts •to work down prices on the Continental "tonne" market prior to ! the opening of tfie regular selling season in the colonies, but unless political j matters develop unfavourably or there is a renewal of labour difficulties, we do not look for any great change in prices in this market for the next four or five months. It is too early at present to give any indication of the probable com'se of values during next year. For the next series, which opens on 26th September, it is estimated tliat some 135.000 bales will be available, including the quantity how carried forward. Sheepskins.—At auctions on Wednesday and yesterday, about 10,000 bales were offered, and some 7000 bales sold, prices, when compared with those ruling at preceding sales (14th and loth June) showing the following declines: Combing merino par to id per lb lower, clothing merino id to 3-8 d per lb loAyer, fine; crossbred per lb lower, medium and coarse' £d per lb lower. Clothing skins met a very poor demand, and were largely withdrawn. HALGOMBE NOTES. —— <•» (iFroin Our Own Correspondent.) The equinoctial gales appear to havo arrived rather earlier than usual. This visitation i.s not at all appreciated, a« it has the effect of drying up the soil, retarding vegetation, and also is not conducive to comfort. Tho "Triplet" fund was productive in raising over £23, which was handed over to the parents for the children's benefit. While on this subject I should like to say a few words in recognition of tho services of the nurse, -Mrs K. Schwats, who presided at tho ushering into the world of the trio. This lady is 7G years of ago and has the remarkable record of bringing into this valo of tears no less than 545 children and with few exceptions without the services of a doctor, and still more remarkable has never ]<;>st a patient or child. These facts should 'be hard to beat, and as the clear old lady h«is announced her intention of retiring from the onerous duties connected with nursing, T heartily congratulate- her on her last and latest achievement, and trust she may be long spared to enjoy a most deserving rest after such a useful and honourable car- j cor. | The hockey season has now closed, j The next game to be considered i.s tho best of all—cricket. That king oi English games, it i.s to be hoped, will briny forward a worthy representation of Thero's no ncod to martyrise yourself with Indigestion when such a sure remedy as Mr. Crossland's Noxol is within your grasp. Noxol c-u'-es, for it's «Xr:tn.re'fl own reinedv of herbs and fruit iuioos. If you sufrer even slightly with Indigestion, now's the time to banish it completely from your system. Get Dr. Crossland's Noxol now. 2s a bottlo at chemists and stores. . ~ ACCIDENTAL INVENTIONS Often provo the. most fruitful. Keep your oyes opon for ideas. Also write Henry Hughes, Ltd., Featherston Street, Wellington, for booklet, "Adrico to Inventors." Tt'.s free and tells you how to go about it.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19110905.2.20.5

Bibliographic details

Wanganui Chronicle, Volume L, Issue 12798, 5 September 1911, Page 6

Word Count
1,110

Page 6 Advertisements Column 5 Wanganui Chronicle, Volume L, Issue 12798, 5 September 1911, Page 6

Page 6 Advertisements Column 5 Wanganui Chronicle, Volume L, Issue 12798, 5 September 1911, Page 6