COMMERCIAL.

Gisborne Times, Volume VI, Issue 148, 4 July 1901, Page 2

COMMERCIAL.

FURTHER DECLINE IN PRICE OF WOOL. By Telegraph. Press Association. Copyright London, July -- The fourth series of colonial wool sales has opened. Competition is dull. Prices show a decline of from 5 to 10 per cent, compared with the closing sales of last series. The stock of tallow is 16,070 casks; the imports have been 7 108, and deliveries 7087 casks. Wheat : Two Victorian cargoes and ono Adelaide sold at ‘2Bs 3d. BIG DROP IN CROSSBREDS. By Telegraph—Press Association—Copyright London, July 6. At the wool sales, Bahnc Company, Buxton and Ronald, and Jaeonib and Son offered 13,012 bales of inferior selection, especially crossbreds, chiefly faulty and shabby sorts. There was a full attendance, but poor competition. Compared with the closing rates of the May series, the prices for lino merinos were unchanged ; faulties were 5 to 71 por cent, lower. Crossbreds were 10 per cent, and occasionally 15 por cent, lower. PRODUCE MARKETS. By Telegraph—Press Association—Copyright Sydney, July 3. Wheat: Chick, 2s 6d ; milling, 2s 7d to ‘2s cSd. Flour, X 5 15s to X 6 os; Manitoban, XlO 10s ; American maize Hour, X 9. Oats, prime New Zealand feeding, It, 2s Id to 2s 2d ; C, Is ,8d to Is lod ; milling, 2s 2d. Barley, feeding. Is lOd to Is lid; seed, 2s Id to 2s 2d. Maize, 2s od to 2s Cd. Bran and pollard, B:jd. Potatoes, Circular Heads, .66 os to X 0 10s. Onions, Victorian, Xll to XII 10s ; New Zealand prime, X 9 10s. Butter, creamery, Is 2d ; best New Zealand, Is Id. Cheese, New Zealand, s|d to opl. Bacon, 6LI to Bld. Ilams, New Zealand, 8d to Hid. The above quotations are those ruling between merchant and retailers, and do not represent slightly lower values obtained by recognised brokers. Melbourne, July 3. Wheat, 2s B.yd. Oats, Algerian, Is 91d to Is lOd. Barley, 2s 4d to 3s 2d. Maize, 2s 4d. Bran, ii jd. Pollard, lOjd. Potatoes, prime, X 4 Is 6d to X 5 12s Od. Adelaide, July 3. Wheat, quiet, 2s 8d ; flour, X 0 5s ; oats, Algerian, Is 9d to 2s ; whites, 2s 3d to 2s 9d. Pollard, 11. Id.