COMMERCIAL

Gisborne Times, Volume XXVII, Issue 2454, 19 March 1909, Page 6

COMMERCIAL

United Phsss Association —Coui-bight. LONDON MARKETS. LONDON, March IS. Wool: There -is an animated sale. Merinos have a hardening tendency. The scrip of the recc-ntly-fioatcd New South -Wales loan is quoted at above .3-8 per -cent: discount. Wheat: Three -cargoes of Australian sold at 39s 6<l, a fourth cargo and 15,000 quarters-of January to February shipments at 39s 9d, and two other cargoes at 39s lQld and 40s. The. wool sales include Ngatapa.lO-Jd, and .Tafiroa 124 <l. , A the tallow sales 787 casks were offered, and 53S sold. line, brought 33s 3d, medium 80s; beef, fine, brought 325, and medium £M 9d. NAPIER, March 18. The Colonial Consignment and tributing Company, London, cable: There is no improvement in tire frozen meat market. Prices are unchanged. . MAT A WHEN 0 STOCK GALES.’ . Despite tho heavy rain, there were large yardmgs of both sheep and cattle at Ihe usual weekly sale of stock hold at Matawliero yesterday.- There was a fair attendance -of buyers, but tho weather conditions wore against high prices ■ and competition. Tho yards.were arfklo deep in mud. Top-boc-ts, oilskins, and umbrellas were everywhere, the buyers. • got around tho pens with difficulty, and the cheep were wet through. : SHEEP. Messrs Dalgety and Co. and Common Shelton and tlo. yarded nearly 6-COO sheep, while, across the road tho pens under the controi of| Messrs Williamsand Kettle and the ,Novv,Zealand Loan and Mercantile Agency •; Co. contained about 7500 head; making over 13,€00 in ail. The. chief demand was for bleeding ewes,-and tho-.-better polls sold well up to last week's rates,. There was not a.keeii demand for- fat sheep; .23 fat and forward wethers sold at I*3, 27 fat ewes at 9s'; v.-hilo' other-'pens wore- disposed of privately. .A nice .pen of 78-1 well-conditioned ewes sold at 10s 6d, 11.0 young ewes ■at 9s -Id, 74 .. 2-tooth .ewes at lie Bs, and 54 2-tOoths - at 9s 6d. Other pc-ns Mwewek_w r ere : 18mill-:ewes-at.2s 3d,-512 5-year-old ewes at do Id, 173 old ewes in poor condition ..at. 3s 6d, 74. a- 5s 2d, 8 old ewes 2s, 139 old-ewes 4s 6d, 176 ewes (mixed ages) 6s 9(1, 109 Gound-moutbeil ewes 6s Id, 92 old ewes and 2 rams -2s, and 75 fresh full-mouth-ed'ewes-at. Bs-3d. There was a fair demand for store wethers, the. • principalsales -being: 117 4-tobths at Bs, 210 at 10s 6d, .49 at 8s; while "-a "nunaber of wether pens' were, disposed of by'private ' treaty. Lambs-'sold: . 102 fat hud forward at 8s Od, . 8 small. at. sa. lid, 133 good sorts at Ss Id. find-69 in poor condition at Is 19d. A largo number of rains were -yarded, bub few sold under tho hammer. ■ One Border Leicester rain brought; £2 2s, and 3 I’omney.s ;£,R Is each. '.' ■/ -CATTLE.The yarding -of cattle totalled 130 head. There war; little demand for fat stock, only one 'fat cow-At ,G 4 10s finding a purchaser' under tho-hammer. A pen of 119 cowo, with calves at foot, from Ngatapa, sold at. £2 without competition, and other smaller pens were reserved for 'private' sale. ~ . . ;