COMMERCIAL.
THE LONDON WOOL SALES.
United Press Association—Copyright
LONDON, May 16
The wool market is animated, everything being very firm. Puketoi clip realised BRI, Waipawa SJd, RS over T Is, Pare 8-id, Koprine lojd. The quantity catalogued is 126,805 bales, and the number of hales sold to date is 122,642 bales.
The New Zealand Loan and Mercantile Agency Co., Ltd., yesterday morning received the following cablegram from their London office, under date May 16:—“Wool.—Sales progress firmly. 1 As compared with last sales’ closing rates prices are about 7\ to 10 per cent, higher for greasy merino medium. Greasy crossbred medium and greasy crossbred coarse for America 15. per cent, higher. America is operating freely.”
THE HIGH COMMISSIONER’S CABLEGRAM.
[Per' Press Association.]
WELLINGTON, May 17
The following is the High Commissioner’s cablegram, dated London, May ■loth : —: . ' ', ■dr ' ■ ' j The mutton market is dull, being ever-supplied with heavy carcases of mutton. A poor demand continues., Canterbury light-weight is quoted at 3gd, heavy- weight 2id. North Island light-weight 2ld, heavy-weight 2fd. ‘'The lamb market is steady, low prices increasing the output. Canterbury is quoted at 4§, North Island ; heavyweights selling about 35d. The beef market is firm, and the demand is chiefly for hind-quarters. Now Zealand hind-quarters are quoted at 3-i-d, and forequarters at 2}d. The butter market is firm, with more inquiry. Thcro is a better demand. Choicest New Zealand is quoted at IDis, Danish 112 s, Siberian 98s, and Austrahan 98s •' Tho cheese market is.firm, with an upward tendency. Supplies are running short. There is a general active demand. New Zealand white is quoted at'64s, colored 665. The hemp market is very quiet, bcnio affected by increasing arrivals from Manila. There is little demand. , Zealand good fair grade, on spot, £23, New Zealand fair grade, on spot, £2l 15s; fair current Manila, on spot £l2 5s May-July shipments ;New Zealand good fair grade £22 15s, New Zealand fair grade £2l 10s, fair current Manila £l9 15s. The Manila output is 2/ ,000 hales There is no pressure to sell.. The cocksfoot seed market is quiet, but "holders are firm. Last quotation.’ M The wheat market is rather unsottlecl There has been a, gradual .decline, but the market isjiow firm ow g to reduced supplies Good cm - timies with no change m puces, aou Zealand long-berried whpaUon spot, J_ c/nnarv per quarter oi . 496.1). Jos pci , New Zealand short-berried wheat, do, “b Ss-W •» fa o per 5041 b, Jos 6d. ... * Teas -—New Zealand partridge, pe» 50Mb! 47 6d. iTbvn;c has, been no material change m tlie -“ The wool market remains-firm. a ford tops areejuoted as Mlo^: ft* is ©, inos) 2s 3d. Y'r THE HOME MARKETS. j onited Truss Association— Copyright.,7/; *•' f: LONDON, May 1-5- . Wheat —The improvement- in Amenparcels 43s 6d, Australian spot 47s 6d. firm, but culot.aud unchanged. fA* ,*>» omi iartJ’ tahiwi” realised Ttofter —Market -firm- Danish 110 s ? ii 9 New Zealand and Austra- ?";! SYdA "to cmiry for stored, and vciy S?™-. ‘ iZealand ftteiand >•» i-.-i '
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Gisborne Times, Volume XXVII, Issue 2504, 18 May 1909, Page 6
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495COMMERCIAL. Gisborne Times, Volume XXVII, Issue 2504, 18 May 1909, Page 6
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