COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2495, 7 May 1909, Page 4

COMMERCIAL.

THE LONDON WOOL SALES. Unit ed. Press Association —CopyrightLONDON, May G. Wool animated. Merinos are fully 5 per cent, above March ran*. Crossbreds are strong at yesterday <s advance. THE HIDES MARKET. United Press Association —Copyright. .{Received May G. .9.15 p.m.) MELBOURNE, May 6. Hides. —Supplies moderate, good demand.. Prices unchanged, AUST'R A LI UTsTATISTICS . United Press Association— Copyright. (Received May 7, 1.5 a.in.) ~SYDNEY, May 0. , The butter shipped from the Commonwealth from Julv Ist was 15,431 tons, compared with 21,558 for thee same period last year. BRISBANE, May 6: The. wheat yield for the past seasonwas 1,203,000 bushels, from 80.895acres. ' HIGH COMMISSIONER'S REPORT [Per Press Association.] WELLINGTON, May 6. A cable from the High Commit .oner, dated May sth, states: The wool t-ah.v commenced with a strong n.-a-.i-et. There was a large attendance of Layers. Americans are competing keenly for crossbreds. Merinos -.nd corse. crossbreds of all grades are a 1 rlfpenny dearer. Fine crossbreds of all grades and medium crossbreds of ad grades are one penny higher than at the last sale. The prospects are favorable. The wholesale price of butter in Wellington advanced Id per lb. md is vt w llld. It will be retailed ■at n-ui. FROZEN MEAT. (Per Pi •ess Association.) NAPIER, May 0. The Colonial Consignment and Distributing Company’s cable states that the stocks of frozen meat are very nca\ y, and the demand is poor. I here is a further fall in values of North Island mutton and second quality v utG -iThe quotations are: Canterbury mutton 3|d, Napier, Wellington, nd North Island 2]d; lamb, first quality, 4-Zd. second 4jd: beef, hindquarters hid. forequarters 2ld. MAT AW HERO STOCK SALES. The stock market at Matawhero yesterday was a little more buoyant than it has been during the past few weeks, and sheep ruled at improved values all round. There was a good attendance of buyers and bidding was brisk for the pens that showed any quality. The effect of the firm price of wool was easily noticeable and sheep showing any growtli at all, brought good competition. Hoggets were in demand, and wethers fully maintained recent rates. The quality of the sheep on sale looked well and showed -that there is still’ plenty of feed about. Cattle did not bring big prices, but the quality of the yarding was not the best, prime fat stock being entirely absent. . SHEEP. The total quantity of sheep on offer was about 4000, the wether pens being fairly numerous. Fat sheep saw fair competition. Fifteen fat wethers sold Gd, 40 forward 2-tooth wethers at9s, 57 fat ewes at 9s, and 2S forward empty ewes at' Bs. In store sheep the prices varied according to quality. Wethers sold as nigh as 10s for a nicepen of 2 and 4-tooths, mixed, and a well-conditioned lot of 750 2-tootlis were cleared at 9s 9d without trouble. Other store wethers sold: 186 2-teotlis at vs4d, 17 big sorts at 9s. while a small pen of well-forwards was withdrawn, after 9s 9d had been offered. -Ewes were scarce, consequent on the time of the year, and the few on sale were not keenly sought after The principal pens were 64 forwards at 6s 6d, 34 2tooths at 6s, and 200 at 3s 3d. and 41 poor sorts at 2s id. Hoggets were yarded in large quantities and woolly sorts brought good prices. 268 forward sorts sold at 6s 7d. 69 at 6s Sd, 229 well-woollcd at 3s 3d, 21 small sorts at 3s lOd, 12 at Is 7d, 58 poor sorts at Is 7d and 101 in moderate condition at 3s Id. CATTLE. The cattle pens held about 400 head, chiefly stores, which sold freely. 3 beef cows brought £3. I forward bullock £3, 2 cows £2, 30 young steers £3 Bs--6d. 19 yearling steers 235. 5 forward bullocks £4 8s 6d, 6 calves £I ? I £3 IJs Oft ..{rfwsrtt steers £4. 7 big bullocks £o 12s od, 7 calves 14s.A' calves 17s. Two bulls were offered, but did not reach the reserve. PIGS. Pigs sold: 1 baconer at 465, 3 small pigs -at 3s each, and 2 porkers at 12s 6d each.