COMMERCIAL.

Gisborne Times, Volume XVII, Issue 1350, 10 January 1905, Page 2

COMMERCIAL.

(Per Press Association.) Invoroargill, last night. The first wool sales of tho season opened ] this morning, when G4O bales wore catalogued. There was a largo attendance of buyers. Bidding wus extremely spirited, and us oompared with the first eule last season, prices huvo advanced from three ponce to four penoo per lb. In eomeoaees Ado bright crossbreds soldj up to one shilling and a halfpenny per pound. There was keen competition for pieoes up to oigbt pence. At the wool solos the was Is Id for threo-quartorbred. Wellington, last night.

The Department of Industries and Commerce roooivud the following cablegram from the Agent-General, datod London, January Bth : —Frozen moat market is very dull. Quotations show a weaker tendency. Butter continues to bo in aolive demand, the market beiDg firm, with a hardening tendency. The average prioe of ohoicost New Zealand butter to-day is 100 s. The choese market ie aotive and advancing, tho average price of finest New Zealand being 525. The hemp market is very quiet at about the last prioe. There is no alteration in the cocksfoot seed market. Importations of River Plate mutton for tho month of Doosmbor were : London 65,868 carcases, Liverpool 129,343, Hull 6223, Cardiff 4523, Newcastle 11,243, Plymouth 837 ; lamb, LoDdon 4534 oaroases, Liverpool 6831 ; butter, 10,0370 wt, distributed over London, Liverpool, Hull, and Southampton.

SOUTHLAND WOOL SALES. PLEASING PROSPECTS. (Per Press Association.) Invercargill, last night. At the wool sales to-day, crossbred hoggets brought to 12£d, and 12Jd for ewes. Compared with last year’s prices crossbred super was worth 8d to 4d more, medium Id to 2£d, inferior 2£d to 3d, half-bred, good,fd to Id, half-bred, medium, l£d to 2d. Lincoln ewes brought 9£d, and hoggets 9£d, as against 6Jd last year; bellies 7Jd to 4£d, pieces B£d to 6£d. The sale went with great spirit. Some vendors, confident of even better values, withdrew their lots.