COMMERCIAL.

Gisborne Times, Volume XXIX, Issue 3121, 18 January 1911, Page 2

COMMERCIAL.

- - PRICE OF BUTTER. '[PER PRESS ASSOCIATION.] NEAY PLYMOUTH, Jan. 17. A private c.ibie states that choicest New Zealand butter is now at 112 s at Home, and likely to go higher. NEAY ZEALAND MEAT FOR AMERICA AND EUROPE. WELLINGTON, Jan. 17. Tlie Council of the Wellington Cliambei of Commerce has decided to urge the Prime Minister, during his coming visit to London, to take steps in the direction of obtaining better terms for the admission of New Zealand meat and dairy produce into the United States and various Continental cities. AUCKLAND AYOOL SALES. Referring to the recent wool sales at Auckland, the “New Zealand Herald” .says that those minor prophets who anticipated a fall in the prices of wool at the second saies, which took place at the Chamber of Commerce in Auckland rocentlv wore justified by the results of the auction. Taking the woo! generally there was a drop which averaged in tile neighbourhood of gd, compared with the November sale rates. Medium crossbred wools, in light condition, suffered a decline of about pi, and finer wools showed a decrease of as much as Id, though in their case the range of prices was irregular, and the decline on the whole less marked. The demand for finer sorts was better than for other classes, owing to the small amount offering. Bellies and pieces sold irregularly. The laige proportion of dingy and log-stained lots, which the buyers were not at all anxious to secure,' in view of the limited demand of their principals, made the whole sale very dull, and an unusually large proportion of the lots was passed in. One firm estimated that about two-thirds of their catalogue was so dealt with, and prohab] - from one-third to one-half of all the lots remained unsold at the end of the sale. But recognising the advisability of quitting in view of the present conditions, a good many of the farmers afterwaids allowed their wool to he sold at the last hid obtained. 'Pile rest expressed themselves as inclined to ship their wool Home to test the London market for themselves.