COMMERCIAL.

Gisborne Times, Volume XVII, Issue 1370, 3 February 1905, Page 2

COMMERCIAL.

LONDON WOOL SALES. By Electric Telegraph—Per Press Association —Copyright. London,.Feb 1. At the wool sales the Tohoe clip sold for lOld. Tho wool sales closed firm. Received 9.27 p.m., Feb 2. ' London, Feb 2. The wool sales olessd at about last week’s prices. Compared with the closing prices for November sales medium merinos were unchanged ; faulty and best were a halfpenny cheaper ; fine crossbreds woro unchanged, and low were ten per cout cheaper. Lambs were unchanged. During the sales 143,000 bales were sold, 76,500 being taken for home consumption, Continental buyers taking 6000, and American 4000 ; held over, 5000 bales. ■ The sales included the following clips : Tara 9£d, Raukawa llid, Akitio llfd, Rook wood Is 9gd.

'AUSTRALIAN MARKETS. By Telegraph—Press Association—Copyright Received 10 00 p.m., Feb 2. Sydney, Feb. 2. At the Homebush sales cattle and sheep met with good demand, and are steady at late rates. Beef, 235.

(Per Press Association.i Napier, last night. The Colonial Consignment and CistriI buting Company have received the following cable from London : —The frozen meat market is depressed. The imports of mutton from Australia and Argentine are affecting tho sale of New Zealand mutton, especially North Island. There is a further fall in the value of Canterbury and North Island mutton, and we expect prices to go lower. There is also a further fall in the value of New Zealand beef and lamb. Quotations are : Canterbury mutton, 4 3-8 d ; Napier. Wellington and North Island, 3f,d ; lamb, first quality 6;j-d ; beef, hinds Bsd, fores