COMMERCIAL NEWS.

Waikato Times, Volume 107, Issue 17984, 1 April 1930, Page 2

COMMERCIAL NEWS.

WANGANUI WOOL SALE. PRICES CONSISTENTLY LOWER. 'v (By Telegraph.—Fress Association.) WANGANUI, (MondayThe wool selling season closed here to-day. About 8000 bales were submitted to a good attendance of buyers. Bidding was keen up to a point, and well spread among the various sections of the buyers. Bradford was prominent and prob'bly secured the majority of fleece wools. Prices showed a decline on the last sale, fleece being from a halfpenny to a penny lower. (Medium seedy and shabby " woo! showed most decline. Coarse free wools possibly not more than a halfpenny decline, while lower pieces and bellies declined to about a halfpenny • to three farthings and lambs up to a penny. Extra fine, crossbred, average 7ld to 8Id; inferior, Gsd to 7£d. Fine Crossbred, average 72d to inferior, Old to 7£d. Medium crossbred, average 7d to 7-Id; inferior, Od to 7d. “Coarse Crossbred, average, 62d to 7ld; inferior, sld to 6ld. “Low crossbred, super, to 7Jd; average, Old to 7d; inferior, to 6d. Hoggets, - 48-50, 8d to Bfd; fine, 7d to 71d; medium, Ofd to 7id. Lambs, fine, Blcl to lOd; medium, 7d to 8Id; inferior and seedy, 3d to 4 Id. Crossbred pieces, good to super, 4£d to Gd; low to medium, 3d to 4d. “Bellies, low to medium, 3ld to 4ld. Locks, crossbred, 2Ad to 3JdLONDON MARKETS. The Department of Agriculture has received the following cablegram from the High Commissioner for New Zealand, Loudon : Tallow : No auction until next week. Business doing in spot fine mutton at 6d per cwt. lower and gutty sorts afloat at 6d per cwt, higher than last quotations. Fruit : Market well supplied with apples, and demand about normal. Of “ Tainui ” shipment Alfristons in best condition, others showing more or less waste. Prices realised were Gravenstein and Worcester Pearmain, iOs to 14s per case; Alfristons, 12s to 14s per case, pears were over-ripe and sold at 4s Gd to Gs per bundle. Hemp : Manila market steady with firmer tendency. Fair business has been done. “J ” grade, March-May and April-June shipment at £29 10s. Sisal : Market quiet but steady, value fair average quality No. J, MarchMay shipment, £33 :Los; No. 2, £32 10s; good marks, 10s more. Now Zealand market very quiet, business being confined to small lots afloat at low prices, fair afloat having been sold at £27. No first hand business reported in forward shipment. Wool Sales continue with active broadening competition and prices show hardening tendency. LONDON WOOL SALES. Messrs Dalgety and Company, Ltd..:, report having received the. Y'Jlowrng cablegram from their Lotvdf' House: Wool biles.—The sales continue active with broadening competition. Yesterday 92 per cent, of the offerings were sold. America was buying New Zealand , crossbreds; French buyers more active; Germany and Home trade demand continues. Prices are in favour ol’ sellers.