COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2537, 25 June 1909, Page 3

COMMERCIAL.

LONDON TALLOW SALES. . United Press Association— Copyuighi LONDON, June 23. At the tallow sales 1400 casks were offered and 1129 sold. Mutton, fine, was at 335, and medium 31; beer, fine, brought 325, medium 29s 9d. MEAT MARKET. (Per Press Association.) NAPIER, June. 24. The Colonial Consignment and Distributing Co. cable: “The mutton and lamb market is utterly demoralised by heavy stocks in hand and afloat. Values have still further declined, and the demahd' is still very restricted. Today’s quotations ■ are : Canterbury mutton 3jd, Napier, Wellington, and North Island 2£d, lamb, first quality 4£d, second quality 32d; beef, hindquarters 4gd, fores 2gd. WHEAT MARKET. CHRISTCHURCH, June 24. The wheat market was never so dead. There is nothing doing at all. Sellers are asking 4s 3d. THE BUTTER MARKET. Messrs W. Weddel and Co., Loud vn, report as follows on the butter market for the week ending May 14: The lack of rain, combined with ,oiJ and. dry winds from the East and North is daily making : tseJ mote rid more felt. In France, there tins been no rain since Easter Monday; in Ireland, little rain has fallen for the last three weeks; in Great Britain, especially in the South, Midland and Eastern Districts of England, conditions prevail. Unless there is a change soon for milder and more growing weather, both the pastures and meadows will be light crops. There has been no arrival of Australian or New Zealand butter this week, which is an event unequalled during the last eight months. The demand, therefore, for both these sorts has been in excess of supplies and. business has been fairly brisk. Holders of stacks of 'nferior butters have been able to clear their holdings. Shipments from Australia this week have been only 1,250 boxes, and these are in outside steamers. MATAWHEIIO STOCK SALES. The bleak weather yesterday interfered with the attendance at the fortnightly sale, of stock held at Matawhero. There was plenty of mud in the yards and the frequent showers made the selling conditions very miserable, the. result being that competition was slow. SHEEP. The yarding of sheep totalled about 0 000, chiefly. wethers and hoggets. Fat sheep sold below recent rates; 73 ewes at Gs 4d, 56 ewes at 7s 2d, 54 ewes at 7s 3d, and 10 at 7s 4d were the best pens. F-or store sheep the demand was cautious and a number of pens were . disposed of by private, treaty. The principal lines sold under the hammer were: 146 ewes in lamb at 4s 6d, 12 hoggets at 5s 3d, 9S hoggets at ss, 92 wethers at Bs, 350 wethers at 10s 10d, and a nice lot of well-woolled wothers at the same price; 170 ewes in lamb sold at 4s Id, 231 empty ewes at 4s 6d and 332 forward wethers at 10s 7d. Among some choice pens of hoggets sold were 495 Romney Cross at Bs, 180 Romney Cross at 8s Id, and So Romney Cross at 7s Bd. Forward wethers sold well, the principal pens being 24 at 10s Bd, 55 6-tooth wethers at 10s lOd, while a nice pen of young ewes in lamb realised 10s. Id. Other pens sold up to recent values both under the hammer and privately. CATTLE. The cattle pens were well stocked, but the demand was not keen. Beef sold at fair prices, but stores were not quoted at forward prices. The.principal fat pens were: 8 fat heifers at £5 . 3 fat bullocks at £6 17s 6d, 5 prime bullocks at £8 2s 6d. 7 heifers at £5 2s, 2 forward bullocks £6 2s 6d, 6 beef bullocks at £6 10s, while the principal pens of stores were: 3 bullocks at £5, 1 steer at £5, 8 bullocks at £4 15s, 4 bullocks at £4 2s 6d, 5 heifers at £2 ss, 2 bullocks at £5 Is, 35 yearlny calves at 18s, 12 calves at 11s, 5 ■ far calves at £l, and 14 heifer cr.hc.i at £1 6s. PIGS. Pigs sold at good values; 2 porkers at £1 9s, 2 porkers’ at £1 Bs, and weaners at from 9s to 18s-