COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2570, 3 August 1909, Page 2

COMMERCIAL.

r GISBORNE WOOLBROKERS’ ’ , ASSOCIATION. j _____ ! -SECOND ANNUAL WOOL SALE. The second annual wool sale under the Gisborne Wool Brokers’ Association will be held in the Farmers’ Union Club rooms at 2 p.in. to-day. A large number of buyers are expected to be present, as in addition to the local ! buying agents, Messrs Warnock and Kearsley have come from Auckland and Mr. Andre from AVellington to attend the sale. In all about 300 bales and 130 bags of wool, 9000 skins, 460 hides, and a ' small quantity of tallow will be offered. The wool consists mostly of pieces and crutcliings, and some oddments of fleece. The following are the approximate catalogues:— Williams and Kettle: 80 bales and 60 bags wool, 3000 skins, 260 hides, and 6 casks and 63 packages tallow. New Zealand Loan and Mercantile Agency Co.: 53 bales and 30 bags wool, . 1200 skins, 30 hides and a small quantity of tallow. Common,. Shelton and Co. 50 bales wool; 1800 skins, and 20 hides. Dalgety and Co.: 90 bales and 40 bags wool, 2000 skins, 120 hides, and 11 packages tallow. Bennett and Slierratt: 26 bales wool, 1000 skins, 27 hides, and 10 packages tallow. HOME MARKETS. Unithd Pittcss Association —Copyiuqut LONDON, July 31. The butter market is steady and unchanged, no colonial offering. Cheese: New Zealand 60s to 61s per cwt. Some of the Tainui’s consignment was slightly heated. . The Bradford wool market is_ unchanged. Low crossbreds are neglected and weak. The wheat market is dull and inactive. being adverselv affected by the cessation of drought in Argentina and the fine weather for harvesting in the South-east Europe ensuring a good crop. There is great pressure to sell the new Russian and Banubian crop. Cargoes are quiet. A March-April shipment is offering at 43s 6cL; new crop, December-January-February shipment, 4s 3d; New Zealand steamer, afloat, 43s 6d; Australian steamer parcels afloat, 445. There is a fair demand for Australian spot at 46s to 46s 6d; New Zealand 44s 6d to 45s 6d, long-berried 45s to 48e. For flour there is a better inquiry in London at 32s 6d to 335. In Glasgow the demand is "met at 34s 7d asked for September shipments. The inquiry for New Zealand oats is limited, and prices are unchanged. A La Plata July shipment sold at 17s 3d. THE HIGH COMMISSIONER’S CABLEGRAM. [Per Press Association.! ' WELLINGTON, August 2. The High Commissioner’s cable, dated Loudon, 31st July, states: The mutton market is very dull, and the unfavorable indications continue. Canterbury brands are at 2§d, North Island 2fd. The lamb market is depressed, and very unsettled. Competition amongst holders to clear their stock has lowered value. Canterbury is at 3ld, North Island 3jd. The beef market*is quiet, with less demand. New Zealand hindquarters 31 d, forequarters 2-J-cL The butter market is quiet. Prices are slightly weaker, except for best quality. Choicest New Zealand is at 108 s, nominal, Danish 113 s, and Siberian 100 s. The cheese market is quiet, and prices are slightly weaker. There is a good local demand for New Zealand per cwt. The hemp market is firm, and there is a better demand. New Zealand good fair grade, on spot, £24s 15s per ton; New Zealand fair grade, on spot, £23 10s; forward shipments at the same (price. Fair current Manila, on spot, £24 per ton; forward shipments at £23 15s. The Manila output was 20,000. The cocksfoot seed market is quiet. Buyers are not keen to do business. The average price for bright. New Zealand cocksfoot seed, weighing. 171 b per bushel, on spot, per cwt, is. 665; nominal. The hop market is advancing gradually. _ The crop is small, and of inferior quality. The wheat market is firm, but has not advanced. There is a good demand. New Zealand long-berried wheat, on spot, ex granary, per quarter of 4961 b, 45s 6d ; short-berried,' 455. The ket is rather dully but a gocu demand continues for New Zealand oats. Short Sparrowbills, ex granary, on spot, per quarter of 3841 b, 26s 6d; New Zealand oats, Danish, ex granary, on spot, per quarter of 3201b,' 19s 6d. The beans market remains firm on account of the difficulty of obtaining supplies. New Zealand beans, f.a.q., old crop, 37s 6d. The peas market is firm owing to reduced supplies. New Zealand peas, partridge, per 5041 b, 49s fid ; New Zealand peas, per 5041 b, 365. Liver Plate shipments of meat received during July were: London, 55,914 carcases mutton, 16,071 carcases lamb; Liverpool, 104,471 and 13,527; Hull, 5793 and 2509; Newcastle, 18,931 and 2475; Southampton, 6876 and 4400; Cardiff, 11.537 and 1764; Ireland, 3800 and 100. _____________