COMMERCIAL.

Gisborne Times, Volume XXIX, Issue 3130, 28 January 1911, Page 2

COMMERCIAL.

' ■ GISBORNE WOOL SALES. PRACTICALLY NO COMPETITION. One of the series of wool sales held periodically in Gisborne under the auspices of tile Gisborne AVoolbrokers’ Association took place yesterday afternoon in the Fanners’ Union Club rooms. The following buveis were present: Messrs Muigatroyd and AYarnoek (Auckland), AY. H. Smith and AA’atson- (Gisborne), Bisdell (Al. F. Bourke and Co.), and Henderson (London and Local Consignment C'o.). The selling firms were AVilliams and Kettle. Ltd., Bennett and Sherratt, Dalgety and Co., Ltd., Common, Shelton and Co., Ltd., and the New Zealand Loan and Mercantile Agency Co., Ltd. The offering consisted of about 520 bales of wool, 5000 skins, 150 hides, and 150 packages of tallow. The indiiduval offerings were as follows: Williams and Kettle, Ltd • 3GB hales and 36 bags wool; 2352 skins, 94 hides, and 63 packages tallow. Dalgety and Co., Ltd.: G 7 bales and 30 bags wool, 485 skins, 7 hides, and 30 packages tallow Bennett and Sherratt: 16 bales, S fadges, and 81 bags of wool, 678 skins, 15 hides, 13 packages tallow. Common, Shelton and Co., Ltd.: 33 bales, 3 pockets, 39 bags wool, 461 skins

New Zealand Loan and Mercantile Co., Ltd.: 12 bales, 3 fadges, and 41 bags wool, 1230 skins, 31 hides, 5 packages of tallow. The sale was by means a successful one. a great proportion of the wool being passed in. There was practically no competition. probably owing to the weather conditions. Messrs Common, Shelton and Co., who sold first, quote as follows:—Bidding was slow, and a number of lots were passed in, including all crutchings at 4kl. Rough fleece wool made from sj'd to 71 d, bellies and pieces 4d to 4-Jd, locks 3d to 31d, slipe wool 51 d to 6-Id. Skins—Best 5d to o’d, medium 4cl to 4id. inferior ljd to 3ldMessrs Bennett and Sherratt report that 'the sale was a. poor one, nearly all their wool being passed in. Crossbred made from 6> to 7d. lambs 6|d, bellies and nieces 3d to sd, stud pieces 2)d, <le;w ! 41d to 4;jd. black, old, locks 21d. Good station skins sold up to s)d, and mediums 4d to 43d, inferior 4d to 43d. Tallow sold up to 18s per cwt, and hides made 2 : 'd. Horsehair sold at 7^d. Messrs' Dalgety and Co. report that they offered a large quantity of wool, hult the market was not as brisk as on former occasions. Tie prices realised showed a drop of about 2d in wool, and -Rl in skins. The wool prices were as follows: Crossbred fleece 63d to 7-’d, dead wool ojd to 6)d, bellies 4RI to sd, locks 3]d to 3)d, lambs 6d to 7Jd. Messrs AVilliams and Kettle report that very little wool was sold, and the following prices were forthcoming: Fleece 6d to 7d. bellies up to 5-J-d, pieces up ito 5-Jd. and locks from 3d to _4d. while crutchings and dead wool elicited no bids. Skins sold at prices ranging from 3d to 6cl.

The New Zealand Loan and Mercantile Agency Co., Ltd., report that fleeces made from 6)d to 7-J-d, black s)cl. bellies and pieces 3d to 41 d. locks 2ld to 83d. lambs 4 : )d to 6!d. dead to 6d. Skins made from l)d to 53d, tallow—l till 16s, 2 drums 15s 6d.

LONDON AYOOL SALES. The Union Bank has received cable advice of the sale of portion of the undermentioned clips as followsKra, 79 bales, including 7 bales pieces; Kenway Bros.. 52 bales, including 7 bales pieces, at an average price of lOd per lb. MATA AY HERO STOCK SALES. The New Zealand Loan and Mercan- 1 tile Agency Co., Ltd., report on the stock sale hold on Thursday last: —The vardings in both departments were very heavy, and tho attendance was, about up to the average. Sheep.—AVe yarded ,5599 and , sold under very dragging competition, accentuated no doubt by the continued spell of dry weather and consequent shortness of feed. Bidding was very slow indeed, and it was close on 3 o’clock before the sheep entry was finished. The following were our quotations :—Cull ewes, fit only for potting, made from 2s to 3s Id ; cull owes, five years and over, 5s j ewes, 5 years, 7s lOd; G and 8 tootli ewes, 8s Id ; 2 and 4 tooth, 11s Tld; ewes in forward condition, from 6s Gd to 8s 3d; fat ewes, 8s lid for lightweights, 10s to 11s for well-finished sheep; wethors, 2-tooths, small, 9s Gd. A good line of 767 2tootlis from Messrs. Ormorod and Barton’s, Mangatu, realised 10s lid; fat wethers 13s Gd, cull lambs in wool 2s Bd, shorn cull lambs 2s 7d, woolly lambs, medium lines 7s 5d to 8s 3d, shorn lambs, medium 5s 8d to 6s sd, whilst better grown lines made from 7s to 7s lOd, fat lambs 10s 3d to 11s Gd. Cattle: AVe yarded 420 and sold 292, for the most part steers. Female cattle were neglected at Thursday’s sale. The following quotations give market values :—Calves 255, yearling heifers 37s 6d to 41.5, dairy heifers in calf £3, herd cows in low condition £2 to £2 10s, lightweight beef cows £3 15s, steers, 15-month £2 15s to £3 6s, 18month £3 17s 6d, 2 to 21 years £4 10s, 21 to 3-vear-olds £4 17s Gd. AVe sold 250 head at these quotations. Pigs: 31 entered and 25 sold. Wellbred slips made 17s. porkers 23s to 28s. Our next sale will he held on Wednesday, Ist February, at which sale the annual draft of the well-known Ngatapa ewes come forward. For the next two or three months the sales will he weekly, and during the month of February will be held on each AVednesday, reverting to Thursday m Marco.