COMMERCIAL.

Gisborne Times, Volume XXVIII, Issue 2704, 7 January 1910, Page 2

COMMERCIAL.

FROZEN MEAT

ri’Eii Press Association.! NAPIER, Jan. 6. The Colonial Consignment and Distributing Company to-day cabled the following report of the frozen meat market: “The values of the new season’s mutton and lamb are slightly firmer The value of beef forequarters has declined. To-day’s quotations are : Mutton, Napier, Wellington, and North Island, 33d. NAPIER’S THIRD WOOL SALE. NAPIER, Jan. 6. The third Napier wool sale of the sea. son was held this afternoon find evening, when a total of 21,000 bales was offered by the associated brokers, winch is. oas% a record offering for this centre. A bigger attendance of buyers than usual was present, all sections of trade being represented. The wool generally was well grown, but considerably heavier in grease as compared with previous sales, and there was an absence of light conditioned and superior quality clips suitable for America. A few of the clips, owing to weather conditions prolonging the shearing, were caught by the “biddy-biddy,” and this considerably detracted from tlie value of such wool. A larger proportion than usual of cotted fleeces was also in evidence, this being generally ascribed to the wot weather experienced throughout the province. A fair quantity of lambs’ wool came forward and. was generally of good quality, although seed was again responsible for a lowering in values in some lots.

Competition was exceedingly 'keen from all quarters. One of the features of the sale was the excellent competition for lambs’ -wool and pieces of various qualities, the Continent taking nearly all this class of wool. The few lots of light-conditioned wool, suitable for America, were readily taken up nt prices on a par with tlie previous sale. Some medium crossbreds aid not maintain their late, values. Strong crossbreds, including logstained, met with an excellent demand, and on the average were slightly higher than at last sale.

HOME MARKETS. IJniticd Pliess Association —Copyright LONDON, Jan. 5. At the tallow sales 494 casks were offered, and 45S sold. Mutton, fine, brought 37s 6d, and medium 33s 6d. Beef, fine, brought 365, and -medium 32s (3d. Wheat: An Australian cargo of 21,000 quarters loading and 10,000 quarters December-January shipment, 6000 tolls per steamer January to February, sold at 40s; 6400 tons January sold at 40s net; 14,000 quarters of January to February at 39s 10Ad; 59,000 tons ex steamer, December at 40s 9d; 6400 tons ex steamer, January shipment, 40s 6d net.