COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2394, 8 January 1909, Page 6

COMMERCIAL.

MATAWHERO STOCK SALES. A DULL MARKET- , The windv, dusty weather that pre- ; vailed yesterday had its effect on the stock market for there was a very small attendance of buyers at the Matawliero sale yards. The sheep pens were almost empty, the total number yarded did not reach 1200, but there was an over-supply of cattle for which there was a- poor demand. Fat stock was not wanted and the auctioneers found it difficult to obtain a bid from the butchers. Two pens of fat sheep were offered, but both were passed in, while iat steers and beef cows sold far below recent rates. SHEEP. The sheep pens only held about 1200 head, the supply consisting chiefly of stores 'and forward lambs. No fat sheep were sold under the hammer, but some few pens of forward lambs found buyers at moderate prices. Ewes were hard to sell and only the better class of wethers attracted bids. Lambs were wanted, but buyers were not anxious to bid keenly in a dull market. The following the principal, pons sold a—3o lambs at Bs, 34 lambs at 6s, 197 lambs at 8s 4d, 100 forward 4-tooth wethers at 11s Id, 6S wethers at 10s 6d, J 56 wethers at 7s 7d. 28 owes a> 6s 7d, and 20 low-conditioned owes at os 2d. It must be stated, however, that the general quality of the store sheep on offer was not up to the usual standard, and more than half the number of pens stocked were reserved for private sale. SALE OF STUD SHEEP. Messrs Dalgety and Co. Ltd., offered a hock of Border Lciceters on behalf of Mr. IV. Tombleson. The sheep were all guaranteed, but, as Mr. Wachmann explained, did not look their best on account of the late shearing. The prices realised were not anything like their true value, there being but Jew buyers to make the competition 'keen. The following were the prices realised:—76 4,6, and 8-tooth ewes with 86 lambs, Air. CL J. Black, 1:1 guineas; 26 2-tooth ewes, Mr. G. J. Black, 7-8 of a guinea; 14 4-tooth ewes, Air. G. J. Black, a of a guinea; 3 4-tooth rams at 21 guineas; 15 2-tooth rams at lji guinea, Mr. Balhour; 5 2-tooth rams at 1 guinea, Mr. Saddler; 2 2-tooth rams at 15s and 1 at 10s. Mr. H. Binnie; 2 ewes and lamb at 6s, Air. H. Binnie. The stud rams were passed in. CATTLE. The supply of cattle of all descriptions was far in excess of the demand and settlers had to take the quotations oT a dull market or drive their stock home again. The latter alternative was generally adopted, and most of the pens were passed in. Fat cattle found lew bidders and the butchers had the market their own way. while sore cattle was not wanted ' owing to the dry weather and scarcity of feed. The following were the chief lines disposed of at auction : —3 small steers £5, 1 beef cow at £4 10s, one cow and calf at £2, and ' 9 calves at £l. The store cattle was sold under very untoward contitions, wind and dust were blowing and it was only with difficulty that the auctioneers could make themselves heard. Store steers sold from £3 10, store cows and heifers from £2 to £3. 40 cows and calves in poor condition brought £2 4s. Calves from 18s 8d to £l. ° One pedigree bull brought £5 10s. and two bulls £2 10s each. PIGS. . Two baeoners brought 29s and 9 weaners I2s 6d. THE WOOL MARKET. The New Zealand Loan and Mercantile Agency Company Ltd., yesterday received the following cablegram from their London office re wool: “Wo think a rise of 5 per cent is likely to take place in crossbreds.” [Tress Association.] AUCKLAND, Jan. 7. There will be a total of 15600 boxes of butter shipped by the s.s. Corinna on Saturday for transhipment to the Riimtlaka, leaving Wellington on January 14th. The Morayshire has just taken 654 tons for Most of England ports i _.so shipments Home for the fortnight total 16,284 boxes, or 406 tons, valued at £42,000. The second wool sale of the Auckland season will be opened on Wednesday, when a catalogue of 6500 bales' will lie submitted for competition. This is the largest catalogue ever offered in Auckland, and is an increase of no less than 1445 hales on the January sale last year. >

FROZEN MEAT AND TALLOW. United Press Association. Copyright LONDON, Jan. G. At the tallow sales, 1225 casks were offered and -500 sold. Prices are unchanged. [Press Association.] NAPIER, Jan. G. The, Colonial Consignment and Distributing Company cable that frozen meat prices arc unchanged.