COMMERCIAL.

Gisborne Times, Volume XXVI, Issue 2242, 14 July 1908, Page 2

COMMERCIAL.

STOCK. There is not much business doing in stock, as the slick season is now on, and both freezing companies have practically closed down. The usual fortnightly sale will be held at Alatawliero on Thursday next. PRODUCE. Tlio grain market right throughout has a weakening tendency, and flour, now quoted locally at £ll 10s, will probaiily see a further fall before the end of the month. Local merchants are careful not to speculate in large quantities, so that very little business ha 6 been doiug in this commodity in Gisborne during the past week. The prices fixed by the' New Zealand Flour. Alillers Co-operative Association, Ltd., last Week were:—Sacks £lO 10s, bags £ll, 501 b bags £ll os, 251 b bag 6 £ll 10s; but freight .and wharfage have to be added to these prices in Gisborno. Wheat is worth os 2d per bushel locally. • Chuitf is selling at £6 to £6 10g. Potatoes are quoted at £4 10s for Up-to-dates, .and £4 15s for Derwents. . . .

AUCKLAND BUTTER MARKET. [Phebs Association.] AUCKLAND, July 13. There are 275 tons of butter in store, equal to 8J weeks’ supply, when it is expected fresh butter will be coming in. The price locally is Is wholesale, .and Is 3d retail, and an increase of id per lb. is forecasted. Indications are that there will be comparatively little butter left over fon export of the winter storage, PRODUCE EXPORTS. ' [Press Association.] WELLINGTON, July 13. The value of the principal lines of Sroduce exported from New Zealand uring the month of June is quoted as follows in the export leaflet issued by tlie Department of Industries and Commerce: Butter £31,519, cheese £22,889, beef £39,845, mutton £96,981, lamb £208,606, oats £7360, hemp £3/,035. *

WOOL, United Press Association, Copyright LONDON, July 12. The Antwerp sales have closed, bidding being more animated, with a further rise, totalling 15 per cent-, in merino _and 20 per cent, in crossbreds. Of 7837 bales of La Plata offered, 5211 were sold, besides 1082 sol? privately. THE ENGLISH MARKETS. [Press Association.] WELLINGTON, July 13. Tho High Commissioner’s cable states: —; -Frozen Meat: The mutton market is a shade weaker. There is less demand for Canterbury mutton at 4d, and North Island 3§d. The lamb market is firm, notwithstanding -the large receipts. __ No immediate change is expected. New Zealand lamb is at o»d (Canterbury brands), and other than Canterbury old. The beef market lias declined. 6’applies are increasing. Hindquarters are quoted at 4d,- forequarters 2|d. Butter: The butter-market is very firm. There is a- good demand. No stocks are accumulating, prospects for next i.easou being encouraging. Choicest New Zealand brands are quoted at Rauisli _ll9s. Siberian Rios, and Canadian 115 s per cwt. Cheese: The cheese market is rather quiet. "White makes are quoted at 645, colored 58s.

Hemp : The hemp market is depressed, heavy shipments being expected from Manila. Tlie stock -held :n London amounts to 700 tons. Fair _grade on spot is at £27, second grade on spot £23 15s, fair current Manila on spot £23.

Cocksfoot: The cocksfoot seed market is quiet and very -uncertain. The American crop is expected to be good. Bright, clean 171 b seed is quoted at oUs per cwt nominal.

AVool: There is a great improvement m tlie wool market, although transactions are moderate, pending tho London tsulos. Tlie following are current quotations for Bradford tops: Thirty-sixes i(lo\\- crossbreds) 10d. 40’s (low crossbreds) 10[d, 44’s (medium crossbreds) lljd, 50’s (halfbreds) Is “id, 56 s (qu-rrter-breds) l s Old, CO’s (merinos) Is lid. i ! Ol rp, : T! 10 market continues dull. Ike English crop promises well During the month of June the following arrived from River PlateMutton: London 178.086, Livern'ool }?>>*s> Hull 9057, Newcastle E Catdiff 46J2, .Southampton 1566 earcases. Lamb: London 24,556, Liverpool (M,.774, Hull nil, Newcastle 494, Cardiff 301, Southampton 230.