COMMERCIAL.

Gisborne Times, Volume XXXVII, Issue 3480, 4 November 1913, Page 2

COMMERCIAL.

BTOCKB AN 1 ’ " *-4ARES. AUCKLAND EXCHANGE. [BY TELEGRAPH —SPECIAL CORRESPONDENT] AUCKLAND, Nov. 3. Business on ’change is reported today by Mr. Buttle (Mr. W. Lissant Clayton local agent) as follows: — gales: Waihi 55s to 5Gs 6cl to 56s 3d, Junctions 25s 9d, Talisman 435, Boss 12s to 12 s 6d to 12s 5d to 12s 6d. Following are the closing prices: Sellers. Buyers.

WELLINGTON PRICES. [BY TELEGRAPH—SPECIAL CORRESPONDENT) WELLINGTON, Nov. 3. Mr. A. T. Bate (Mr. W. Lissant Clayton local agent) reports:— Following are lbe closing quotations : Sales: Talisman 42s 3d, 43s (kl; Junction 25s 9(1, 265. Following are the closing prices:— Buyers. Sellers. Investment

HIGH COMMISSIONER’S CABLE. LPREBS ASSOCIATION TELEGRAM J WELLINGTON, Nov. 3. The High Commissioner’s cable, dated Ist November, states:—Meat.—The mutton market is firm. The stocks of mutton on hand are light. It is generally believed that a decline in prices is likely to occur during the month, owing to the large arrivals of Australian mutton. Canterbury 4gd, North Island 5 7-l(kl, bestquality. The lamb market is weaker and has a tendency downward. Canterbury two’s ojjd, other than Canterbury 5 1-16 dto si-cl, for best quality light-weight. The beef ' market is firm. New Zealand hindquarters 4£d, forequarters 3ijd. Chilled deliveries are moderate. Hindquarters sfd, forequarters 3ijd. Butter and cheese.—There is no alteration in the butter market since last week. Danish 133 s t-o 1355; Siberian 106 s to 110 s, Australian Tl6s to 1225, Argentine 118 s to 120 s. Finest unsalted is worth 2s more than salted. The cheese market is tinner, with a better demand for Canadian, but there is no change in prices. The market prospects are favorable for New Zealand cheese if the quality is good. Hemp.—The Manila market is easier. Spot prices not quotably changed. January to March, fair current Manila, £3O ss. The output for the week from Manila was 13,000 bales. Only small business was done with New Zealand hemp this week. New Zealand, good to fair grade, was irregular. There are sellers at £29 5s with buyers at £2B 15s. Fair grade averages £25 15s for any position, e Wool<—The wool market remains firm. Prices for ions are will maintained at last quotations.

NEW ZFALAND MUTTON. SOLD AS BEST WELSH. The following incident, says an exchange, is relaird and vouched for by a New Zealand farmer who had some years experience- as a butcher in the South of England. Visiting the town of Reading one day lie made n friendly call on a former fellow-tradesmen who had a butchering (business there. “Hallo, Jack,” said the visitor, “what have you got there,” pointing to some rather dark-looking hindquarters of lamb hanging “shank down.” at tho rear of the shop. Jack replied to his old friend, not without a rather knowing twinkle: “Oh, that’s some extra, prime hung Welsh. We keep that for our special; customers who don’t mind paying the price. That lamb goes out at Is 4d a lb.” The visitor knew his man just as, being an ex-Canterbury butcher, ho knew “prime Canterbury,”. and he replied: “Not a bad price for New Zealand lamb. Jack.” “Oh, well, our customers have to he humored, and Is 4d suits me very well,” was -lack’s answer. ' The sequel to this incident is even more instructive. Some months later the New Zealander was serving in his shop, when one of his customers walked in. “Have you any sirloin vou can* recommend,” lie inquired. The butcher replied an the affirmative, and was about to produce the joint for inspection, when the customer said: “Don’t, bother, I know your beef is always good; but I’m not so sure of your mutton and lamb. It s not; equal to some very special Welsh I used to get from , in Reading.”

IV.iihi 56 6 00 3 Junctions 20 0 20 9 Reefs 1 10 1 4 Talisman . ... 40. 0 42 9 Crown 10 64 Kura mii 10 S Sylvia 1 1 10 Saxon 11 9 Waitauyl 74 5 Watchman ... 2 9 2 4 a it. uia 1 0 1 0 Ross 12 7 12 0

Wellingtn Guts (1st) 330 0 Do. (2nd) 19 a N.Z. Insurance ... 10G 0 Gear (1st) 2 GO 0 Union Steam (ord) 21 G 25 6 Do. (prof) 19 9 Ley land 24 0Golden Bay 19 0 Consol. Dental ... 20 9 Wairarapa Farmors (2nd) 26 0 Crown 0 10 Bio; Biver 12 6 Sylvia 0 11 Ross 11 3 12 0 Tairua 0 4 0 s Tailsman 42 4 42 s Waihi 56 3 56 9 Junction 25 9 26 3