COMMERCIAL.

Gisborne Times, Volume V, Issue 53, 4 March 1901, Page 1

COMMERCIAL.

STOCK SALES. The New Zealand Loan and Mercantile Agency Company (Limited), reports having held its annual stock sale at Matawhero Yards on Thursday, 28th February. Notwithstanding tho very inclement day, the yardings were so numerous in both sheep and cattle that space could not be found for many lines, which had to be held for future disposal. After the yards were quite full, mobs of sheep could be seen on the road extending till nearly the big bridge; The attendance was above the average, and despite the rain, buyers stuck to business from 11.30 till 6 p.m. Cattle : We yarded 155 head, and sold all but 3, Following are some quotations —Calves, £2 to £2 2s ; yearling steers, £2 15s ; 18-months’ steers, £3 15s ; grown steers, £5 to £6 2s 6d. The latter price was realised for a nice forward line of Coast cattle. Fat cows brought up to £5 ; herd cows, £4 ; 18months’ heifers, £3 15s ; light beef steers, A 6 6s -to £7- We also sold a nice four - year - old Shorthorn bull at £l2, one aged at £5, and a young bull at £2 17s 6d. A pen of good yearling heifers brought £2 13s 6d. Sheep: We yarded 2500, and sold -1550. Several lilies of lambs failed to reach owners’ reserves. Our sales comprised: Woolly lambs 7s 9d, shorn lambs 6s 6d, fat ewes 10s, cull ewes 4s 2d to 5s 9d, full-mouth ewes 6s 6d to 7s, 4,6, and 8 tooth ewes 8s 2d to 8s Bd, store wethers 10s 6d. Earns: We sold 56. On account Mr Kirkpatrick : 2 6-tooth Lincolns at £8 8s ; 1 2-tooth, 44 guineas. Other Lincoln rams : 2-tooth, £2 ss; aged, 5s 'to £l. Our next sale will be held on Friday, 15th March, and early intimation of intending entries is requested.

WOOL SALE. The New Zealand Loan and Mercantile Agency Company, Limited, reports having held its periodical sale of wool, sheepskins, hides, etc., on Friday, Ist March. Auckland and local buyers were represented, but bidding was without spirit, and clearly shows the gloomy view of the present state of the wool trade, and want of confidence in the future of the market. Outcatalogue comprised 116 bales, 52 pockets, and 87 bags of wool, 2078 sheepskins, and a few packages of tallow. Wool: In the majority of instances buyers were not inclined to meet the market, and elected to ship. Where sales were made, fleece and lambs made about 4fd; bellies and pieces, 24d to 3d ; locks, lfd to If d; crutchings, lfd to 2fd; dead, 3d to 31. Sheepskins: Top price tyas about 3fd, and prices ranged from lj-d for short-woolled to above price for goodpwoolled skins. Now that wool prices argjso low it would pay sheep-farmers well tcSuse some poisonous dressing on their sgfns to protect them from the ravages oL'the weevil, the pelt being now an important factor in the prico. Tallow : Made from 11s to 13s in tins and small packagos. Hides: Station hides made 2Jd to Bd.