COMMERCIAL.

Gisborne Times, Volume XXVI, Issue 2191, 15 May 1908, Page 1

COMMERCIAL.

MATAWHERO STOCK SALES.

Am overstocked and consequently slack market ruled at Matawhero yesterday. Buyers were low and bidding slow, and a largo number of pens, both of fat and store stock, failed to reach the reserve, and were passed in. Farmers who sent stock from a distance had to accept the low rates ruling or drive tlioir cattle and sheep homo again. SHEEP. The yarding of sheep ran into about 15,000, prices showing a decline all round. Fat wethers sold from 10s Gd to 13s, and fat ewes from 9s 6d to 12s. The store sheep showed fair quality, but ns the market was lifeless, prices did not advance. Ewes were not wanted, but the few pens of forward wethers brought fair competition. The fol Wing aro the principal sales: 239 < •.3 in lamb 9s, 200 2-tooth wether., 12s Id, 35G do. 12s, 1309 hoggets Bs, 75 weedy hoggets 2s Id, 59 ewes in lamb Gs, 32 2-tooth wethers 8s sd, 233 wethers in forward condition 11s Gd, 23G 4-tooth ltomney cross ewes in lamb 12s 9d, 257 2-tooth Romney cross ewes in lamb 12s 3d, 156 6 and 8-tooth ewes 10s, 93 2-tooth wethers -11 s lOd, 88 fat' and forward wethers 11s Gd, 52 small hoggets 3s Gd, 57 lat and forward wethers 13s\3d, 79 2,4, 6, and 8-tooth ewes in lamb Gs 9d, 121 2-tooth wethers 10s sd, 92 ewes in lamb Gs, 81 empty ewes 5s 9d, 110 2-tootli wethers 10s 3d, 41 2,4, and 6-tooth wethers 10s 9d, 172 2tootli wethers 11s 2d. CATTLE.

The cattlo pons contained about 500 hriad, mostly stores, some of which were in forward condition. Prices.fell far short of owners’ requirements, more than half the yarding being passed in. Fat steers sold—2 at £7 7s Gd, 2 at £6 10s, 1 at £5 15s. Fat heifers £3 12s Gd, fat cows from £4 10s to £5 15s;- forward steers from £3 to £4 ss, 10 young steers in nice condition £1 10s, 13 cows with 11 calves at foot £4, two-years-old steers from £2 to £2 10s.

Pigs: A few weaners sold at from 8s 6d to 13s Gd.

NAPIER, May 14. The Colonial Consignment and Distributing Company cable the following report on frozen meat: The general tone of the market is weaker, and values have declined. To-day’s quotations are: Canterbury mutton 4gd, Napier, Wellington, and North Island 3|d. Lamb, first quality ofd, second 5Jd. Beef, hindquarters 3{jtl, forequarters 3id.

United Press Association—Copyright LONDON, May 14. At the wool sales, second day, there was a large attendance. There was strong home competition, and a brisk sale at full opening rates.