COMMERCIAL.

Gisborne Times, Volume XXVIII, Issue 2739, 18 February 1910, Page 2

COMMERCIAL.

BUTTER

Writing under date London, December 31, Messrs. Woddel and Co. report as follows:

The demand for Australian and New Zealand butter has been of a holiday character, so little business lias been passing. Buyers generally apparently laid m good stocks from last steamers to carry them on until the opening of tlie New Year, when heavy arrivals are expected. Prices have been somewhat irregular, those, buyers who neglected to lay in stocks have had to pay for their oversight. Arrivals this week have been the Orontes with 37,544 boxes, the Surrey and the Oswestry Grange, though due, will not- dock uptil January opens, along with the Moldavia, from Australia, and the liimutaka from New Zealand, both due on the Ist and 2nd January. Shipments this week consist of the Otway with 39,500 boxes, and the. Banffshire with 191, both from Australia, and the Athenic with 54,000 boxes from New Zealand. The market continues firm to the surprise of the trade generally who were looking for a weaker tendency; but stocks are in a very small compass. Cheese. —There is more inquiry, especially for New Zealand, and there is an upward tendency in the market. Tho Taiimi’s choose is virtually all cleared at 55s for Ist grade white, 54s for first colored grade, with a shilling less for second grade. Canadian is also finding a better demand. The Athenic is bringing 1140 tons of New Zealand cheese.

FROZEN MEAT. [Ter Press Association.] NAPIER, ’Feb. 17. The Colonial Consignment and Distributing Company has cabled .the following London report of tho frozen meat "trade :—The market is weaker, and there is a decline in values or mutton of Id per lb, and in ilaimb of id per lb. To-days’ prices are: Napier] Wellington, and North Island mutton 3fd, lamb sd; beef, hindquarters 3: f d, forequarters 2|d.

NAPIER WOOL SALES

NAPIER, Feb. 17

The concluding wool sale of the season was held in Napier to-day, vheu 6550 bales were catalogued. The bulk of the fleece wool was made up of more or less faulty back country sorts, with a (proportion of fairly good medium and coarse crossbeds and stragglers fleece. There was a. fair selection or bright, attractive lambs’ wool, but a 'number of lots were seedy and interior. As. compared with last sale prices 'showed very little change. -I ainy good medium and coarse fleece was occasionally a turn dearer, and good pieces, of which there were very tew. showed id to Id advance. Lambs’ wool was again in strong demand, and sold extremely well, seedy lots also .meeting a good jnarket. The total number of bales offered in Napier this season is 43,250, as against 26,350 last season.