COMMERCIAL.

Wanganui Chronicle, Volume LXXVI, Issue 18431, 15 March 1922, Page 8

COMMERCIAL.

STOCK. SALES. Dalgety ana Company Limited, Palmerston North, report having a very good entry of sheep and a small yarding of cattle at their Bulls sale on Monday, the 13th inst. There was good co’.npetition for sheep, but cattle were dull of sale. Quotations: Store ewes to 5/4, forward ewes to 9/6, medium W.F. lambs 9/6, store lambs 5/10, 6/6 to 7/5, good rape lambs 14/8 to 15/, light fat ewes 11/, fat ewes 12/tO, light fat wethers 16/6; small mixed weaners 15/. LONDON WOOL MARKET. Messrs. Dalgety and Company Limited, report having received the following cablegram front their London House under date of 11th inst.: “Wool sales continue very firm. Merino except short faulty ana pieces and bellies prices are on a pat with last London Sales closing rates. Crossbred wools fine quality 5 per cent, to 7.1 per cent, lower. Crossbred wools medium quality par to 5 per cent, lower, Crossbred wools coarse, a change If any is in sellers favour. Crossbred wools scoured, ■.'f'd demand, a change if any is in sellers favour. Slipe wools unchanged.” WOOL SALES. Abraham and Williams, Ltd., report at the wool sale held on 10th n«tant: We offered 1830 bales comprising mostly back country wools which elicited very keen competition from Bradford and Continental buyers. Prices in most instances were above last sale’s rates for coarse and medium and logstained wools, and we cleared the bulk of our catalogue under the hammer. Some growers have still the disposition to hamper sales by excessive reserves, and do not seem to have grasped the situation fully that prices are still below pre-war values. The hardening tendency in the London sales reflected on our catalogues and prices realised should prove satisfactory to our clients. Some of our sales were as follows: EB/TITAHI, 2 5 bales Crossbred 5 % d: ALW, 10 bales Crossbred hoggets 6d; 14 bales wethers 63d. 3 bales coarse wethers sd; PJS/ ERUA, 17 bales hoggets sd, 14 bales ewes 4%d. 7 bales ewes 4Jd; FORES THRILL/EV 15 bales Crossbred 5%d: ACG 24 bales Romney 6%d, 23 bales Romney ewes 5%d, 5 bales lamb 7ld; 10 bales Romney Lincoln 4 Sid; A2 3 bales Southdown 13d: TIHUA 29 bales hoggets 5?,d, 10 bales wethers and ewes sd; 10 bales

3 hoggets 4%d: 30 bales Crossbred wethers and ewes 43d, 7 bales seedy Crossbred 3%d; ARB/MAIROA 23 bales ewes s;d, 2 0 bales wethers 4%d; F/NZ 15 bales fine Crossbred 6Jd; WWW 45 bales Crossbred sd; JN ,‘in square, 4 bales Crossbred 7Ad, JB/Cross 13 bales Crossbred '>3d; NI/R 23 bales Crossbred sd, 7 bales ewes 53d. The official range of prices are as under:— Merino: Super 16Id to 18d: average 153 d to 161 d; inferior 13d to 14d. Medium Halfbred: Super 12 %d to 13 %d; average 9d to 11 Id; inferior 7d to S%d. Coarser Half bred: Average B%d to 103 d; inferior 7d to B%d. Fine Crossbreds: Averag~e 7d to Bid; inferior 4%d to 6d. Medium Crossbred: Super 6d to average 5i to 7%d; inferior 4%d to 5%d. Coarse Crossbred: Super 6d to 7%d; average sld to 6 : ;3d; inferior 4d to 53d. Low Crosbred: Super 5d to Gid: average 4%d to sid; inferior 4d to 4%d . Hoggets: Medium 6d to B%d; coarse 4d to 5%d. Lambs: Down lOd to 10%d; fine 8d to lOJd, medium 64d to B%d, seedy and inferior 2d to sd. Bellies and Pieces: Merino good to super 8d to lOd; low to medium 6d to 7d. Halfbred good to super 6d to 7d; low to medium 4d to sid Crossbred good to super 3id to sd, low to medium lid to 3d. Crutehings: Medium to good 3d to 4%d, inferior to seedy Id to 2Jd. Looks: Crossbred Id to l%d.

Messrs. Wright, Stephenson and Co., Ltd., report the fourth sale of the season was held on the lOtli March to the usual attendance of buyers. Our catalogue had no outstanding lots but competition was ■ keen throughout the sale and except when hampered by high reserves from growers, a good clearance was effected. Prior to the sale in sympathy with the opening of London sale, a drop was expected by quite a number but we are pleased to be able to report that with the exception of average and inferior Halfbreds and super Crossbreds suitable for America of which very few lots were offering, this was not borne out in fact, low and coarse Crossbreds, which comprised most of the catalogues were firmer showing a rise of par to 3d and in some cases %d. Inferior pieces and lambs were hard to quit. Some of the best prices realised by us were.—AW/M Halfbrod 9d: MATTNGARAKI Crossbred 7Jd to 7Sd ;LGD Crossbred 7d; WW/Q Crossbred 6d to 7d; FLF Crossbred bld; JB/R Crossbred 6d to 64d; NE Crossbred 6d; WEFB Crossbred 64dHX Crossbred 6Jd; RMC Crossbred Cid: MKF Crossbred 63d; LTD/ Crossbr e<i 51d to 5%d; GHG/T Crossbred 5%d; EJ/T Crossbred 5%d; PIL/N Crossbred 5%d; A and P/R Crossbred 5%d- JE Crossbred Cd: PUNA WAI Crossbred 5%d; WARATAH Crossbred 5%dRAF Crossbred 5%d; WAIRANGI o 14 d.