COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2492, 4 May 1909, Page 3

COMMERCIAL.

ANTWERP WOOL SALES. United Press Association —Copyright. LONDON, May 3. The Antwerp wool sales closed with an increased eagerness to secure tine crossbreds and merinos at per cent, advance on March sales. Secondaries also show at 5 per cent, advance, THE HIGH COMMISSIONER’S CABLEGRAM. [Per Press Association.]

WELLINGTON. May 3._ The following is the High Commissioner’s cable, dated ' London, May Ist. The mutton market remains very depressed. Prices have slightly declined for all grades, with the exception of Imht weight. It is reported, and 1 believe there is some foundation for.it, that North Island heavy weights sold ,^’2pi, ewes 2d per. lb. (The calne iT slightly mutilated). . The lamb market is very dull and the simply excessive. Stock isuaccumulating, and there is very httle prospect of advance in the lnaiket lor either mutton or lamb. The beef market is steady, and there .is a better demand, but the supp y meets the demand; hindquarters did, f°Thc abutter market is quiet but firm. Choicest New Zealand is at 100 s per cwt, Danish 108 s, Australian 98s, Argentine 98s, Siberian 965. The cheevse market is steady. Iheie •is not much demand huti the prices are firm; white 60s, colored 62s 6d. The hemp market is quiet. Small business is doing, and no immediate change is expected. Reports indicate t mt heavy shipments of hemp are expected from Manila. «ood fau & New Zealand is quoted on spot £2B 6s per ton, fair grade £22, fair current Manila mi spot £2l 10s, May-July shipments New Zealand good lair £23, fair. grade £2l 10s, and fair current Manda £2I os. .The Manila output i 5.28,000 bales. The cocksfoot market is quiet, but steady. The demand is improving, and prices are unchanged at 80s P The wheat market is quiet, but holders areljirmo Thei^ r is ,lcjs demaiM, and buvers are holding back. Zealand long berried wheat o» spot ex ‘iranarv per quarter of 49blbs 44S ou , Zealand‘short berried reboot on .spot ex granary per quarter of 496166 43 Thc°S 1 market is firm, with more eiuiuiry- New Zealand oats, short sparrowbills ex granary per quartern of 3S4lbs 265. New Zealand Hanish <ex granary on spot per qualter or 3201bs 21s. ' . w ;+b a The beans market .is ? lt L ljg hardening tendency. 1 g'eahind short of the demand. Zealanu beans f.a.q. old crop per oo4lbs dos.. The supplv of peas is running sluir, and the market is finner ; New |ealo,ui partridge peas per 004.11>* ivs ou., -Tbo wool raokot is firm, Mi l™ •<L.«: m },. to advance. Lradfoid tops “ otod »s follows: 36 s low ««»• Sr«feW «’<• o ' v ;/J?'l'W 50’s half iV- medium crossbreds Is jus brnls £ Sd, 60’s. quartcrbrals Is 9d, are firmer; best quality Jti.gbsb 50.,.. American. 60s.