COMMERCIAL

Gisborne Times, Volume LXV, Issue 10312, 22 January 1927, Page 2

COMMERCIAL

PRODUCE REPORT. MAIZE BRINGS 7/-.-D'uring the week small shipments of maize have been made to Hawke’s Bay and Wellington “at 7s f.o.b.s.i. Auckland operators refuse to oiler more than 6s 9d i.0.b.5.i., Gisborne. Reports from the north state that arrangements have been made for a shipment of South African maiz> l , which will land at Auckland for 7s a bushel, equal to about 6s 4d Gisborne. Even at 7s f.0.b.5.i., Gisborne, the few local growers holding' supplies are inclined to ask more and to consider the market will soar still higher. With the new season’s wheat shortly to arrive on the market the tendency will be for the demand for maize to fall rather than rise.

Most lines of southern produce are being quoted for forward delivery n't reduced rates as compared with the corresponding period last year. Flour prices have also been reduced during the week.

FAT STOCK VALUES

SHEEP NOT OFFERING FREELY

Farmers may still obtain lastweek’s rates tor fat stock, though there is a tendency for values to fall. Sonic buyers have already announced a reduction.

Lambs are not offering freely at ./ho present time, and the flush of fat sheep quotas has not yet commenced. Consequently all works in the district are only working little more than hall time. During carnival week at Wairoa the works there closed down during the show and races. Cattle arc not yet being slaughter ed at the local works, but it is expected to make a start early in February. Prices for beef have not yet been announced. Leading local quotations at four o’clock yesterday afternoon wen* as follow: LAMBUp to 361 b., 7-id; 371 b. to 421 b. 7d; ever 421 b 61; seconds 6-Jd. WETHERS. Up to 561 b 4jd; 571 bto 641 b 4jd; 651 b to 721 b 3£d; over '72lb J.fd ; onds 4fd. EWES. Up to 561bs 3j|d ; 571 b to 641 b 2£-d; over C4lb 2-^6. HOGGETS. Up to 561 b sd; seconds, lid. The same values hold good at Wairoa except in the case of lamb which is id lower. Tokomaru Bay rates are £d less all round. « MATAWHERO STOCK SALE. LARGEST YARDING FOR MONTHS. BIDDING BRISK THROUGHOUT. Stock came forward in very large numbers at the weekly stuck sale at Matawhero yards yesterday, and the total entry was larger than for some months. Buyers attended well and the bidding" practically throughout was brisk, though prices remained on a par with late rates, except for pigs which advanced a little, but were still below the prices ruling six weeks ago.

STORE SHEEP. The total entry of store sheep was 4900, making the sale the largest liehl for some months. Generally late market prices were maintained, and bidding was brisk throughout. Wethers suld up to £'l Is 4d, tins price being obtained for a pen ot 01 fat sheep, while a pen of 205 made £1 0s 6cl. Two-tooth wethers fetched tip to 19s 6d,' while good lines of wellgrown two-tooth ewes, early shorn, sold up to £1 Is lid and £1 Is Bd. Four-tooth ewes reached £1 and forward old ewes sold from 10s 9d to i.3s 4d. (Four and 5-year old ewes realised 14s lid. A really good line of lusty, shorn, wether iambs from Hokoroa was passed in at 14s. Firstclass woolly lambs sold up to 15s lGd, average ditto about 13s and small at Ss 6d. Prices were: 333 wether lambs (p) 14s, 243 wethers 17s lOd. 192 2 and 4-th wethers (p) 18s 3d. 11l wethers (p) 17s 6d, 114 2-th ewes (p) 7s Bd. 130 2-tli ewes £1 Is Bd, 86 2-tli ewes 14s 7cl, 67 lambs Ss 6d, 26 wethers 16s lid, 17 ewes 13s 4d, 10S wethers 18s 4d, 20.5 woolly lambs 13s 2d, 173 4-yr ewes (p) 11s 3d, 223 2, 4 and 6-th wethers 19s lOd, 212 4-tli wethers £l, 190 lambs 15s 2d, 247 4 and 6th ewes (p) 18s sd, 204 wethers (p) £1 0s 6d, 14 wethers £1 Is 3d, 32 5 and 6-yr ewes (p) 13s Gd, 59 2-tli wethers, no bid. 4S 4 and o-yr ewes 14s lid, 47 wethers (p) £l, 43 lambs (p) 10s 9d, 205 woolly lambs (o) 14s lid, 178 2tli wethers 17s 7d, 107 2-th ewes (p) 17s 9d, 93 2-tli wethers 15s 6d, 114 4-tli wethers (p) 18s, 7 lambs 7s 4d, 31 ewes 11s, 21 forward ewesJTs 9d, 80 small ewes (p) 10s 9d, 75 2-tli wethers 18s 6d, 7/5 woolly lambs 15s lOd, 61 fat wethers £1 Is 4d, 20 2-tli owes 80s 6d, 88 2-tli wethers (p) 17s 4d, 41 2 and 4-th ewes £l, 45 ewes mostly 4-th (p) 18s, 60 2-tli ewes 16s Id, 94 wethers 15s lid, 48 2-tli 15s 2d, 5 shorn lambs 14s, 8 ewes 8s Bd, 18 2-th ewes £1 Is lid. 14 2-th wethers 19s 6d, 12 wethers 13s 7d, 15 2 and 4-tli ewes 15s, 3 ewes ss, 18 wethers 14s 7d, 7 wethers 11s 9d. FAT CATTLE.

The entry of fa-t cattle consisted of l'onr well finished cows, only two of which sold, making £5; 2 cows £5, 2 cows (p) £3 17s 6d. FAT SHEEP. •There was an entry of 174 and the market was a little brisker. Ewes sold at Its 4d and 14s Id, wethers io 225, woolly lambs to £1 Is Id. Bidding was good throughout. Prices were: 15 ewes 13s 9d, 2 woolly lambs 19s 10d,. 20 woolly lambs 17s Sd, 9 ewes 14s, 1 ewe 14s, 23 ewes 14s Id, 23 ewes 14s, 22 ewes 14s 4d 6 lambs £1 Is Id, 14 ewes 14s, Id, 3 wethers £1 2s. Second grade: 37 ewes (p) 13s Bd, 8 ewes 13s lid, 1 owe 13s 9d. PIGS. The entry of pigs was 39 and the sale was better than last week, although prices were much below those ruling a few weeks ago. YVeancrs made to 16s, slips to 17s 6d, stores to 32s 6d, and baconers to £1 19s. Prices were: 3 good slips 17s, 4 do. 17s >6d, 5 weaners <(p.) 10s 6d, 5 do 10s 6ch 1 fat sow £2 ss, 4 slips 16s, 4 stores £1 12s 6d, 2 light baconers £1 19s, 5 stores £1 7s. 6'good weaners (p) 16s.

(pa&sed) £6 os, 2-year P.A. steers (p) £5 18s 6d; rough 2-yr steers (p) £4 18s Gd.— P.a. LONDON FROZEN MEAT MARKET. Messrs Dalgety and Co., Ltd., have received the following cable from their London office, dated January 20.—Quotations: N.Z. , prime crossbred lamb, Canterbury, heavy 7id, light 10ld; North Island, heavy, nil, light nil; demand for N.Z. lamb moderate; N.Z. prime crossbred mutton, Canterbury, heavy o|d, light 6j[d; North Island, heavy sd, light 6d; demand for N.Z. mutton less; N.Z. prime ox beef, hinds 4d, fores 3jd, demand for N.Z. heel nil. Market tor N.Z. lamb weaker; market for N.Z. mutton, change if any, is in buyers’ favor; market for N.Z. beef, nominal NEW FOUR PER CENT. CONSOLS'

LONDON, .Tan. 20. The Stock Exchange commenced dealings actively in the new four per cent, consols at about three-quarters premium.—A. and N.Z.C.A. LONDON BUTTER MARKET. TRADE OUtFT EXIT UNDERTONE " STRONG. (Received Jan. 21. <5.5 p.m.) LONDON, Jan. 20. Butter.— -New Zealand choicest 172 s to 1745, unsalted 182 s to 184 s; Australian choicest 166 s to 170 s, unsalted 170 s; Danish 1795. Although the trade is quiet, the undertone is strong in view of the quantity afloat from Australia, New Zealand and Argentina, a total of 420,750 boxes compared with 699.320 boxes a year, agoA and N.Z.C.A.