COMMERCIAL.

Gisborne Times, Volume XVII, Issue 1412, 24 March 1905, Page 1

COMMERCIAL.

LONDON WOOL SALES. Sy Telegraph—-Press AsGoointion—Copydgb London, March 22.

At the' wool sale-' (ho- following clips wc’-o sold : Wail Mia 7f'l'. Korttru 9d, IS papa 97,11, Makvteranm 107,1. At iho iallow sales 1200 casks woro olTered, and 525 Bold. Prices arc unchanged. The Hank of Australasia’ balance-sheet shawß deposits £15,186.000, cash securities £5,898,000, bills £14,368,000.

The wool salos aro brisk. Everything is firm at previous rates. . .

(Per Press Association.) , Napier, first night,

The Colonial Consignment and Distri butiog Company have received the following cable from London :—•• Canterbury mutton and first quality lamb have advanced ono farthing. Hinds of beef have declined one-eighth. Quotations : Canterbury multnn, 4}d : Ns pier, Wellington and North Island, iii jd ; lamb, first quality 6;fd, seoona 54d ; beef, hinds 3j,d» fores 2(;d." ' .

MATAWHERO -SALES. . Messrs Common, Shelton and Co., aid Messis Dulgoty and Co., hold btteir usual fortnightly stick sales at Matawht.ro yesterday. There was on average attend anca and speculation'was fairly hi ink. Shoep—About 3000 wera voided and found purchasers at the following prices : 98 old awes, 8-i 9d, Mr Carmichael ; 44 cull ewee, 8s 3d, Mr P. Malone; 180 Jambs, 5s 6d, parsed ; 180 ewes and 5 wethers, 12s 9d, passed ; 115 ewes, passed at 11s ; 259 owes, passed at 5s 6d ; 368 4-tooth wethers 15s lOd, Mr Newman; 169 wethers,

passed at 12s 6d; 454 wethers, 13s 6d, Mr J. Walker ;*491 4 and 6-toota owes, 13s, Mr W. D. Lysnar; 241 iambs, 10s 7d, Mr

P. Wright ; 42 2-tooth wethers, 13s 7d, Mr Field ; 57 lambs, 5s 4d, Mr C. Noonan. Thrie stud Lincoln rams, bred by Mr Sutton; Canterbury, brought £ll lls, £7 7s and £7 7s each, Mr H, G. Tuoker beiog the purchaser. 'Mr A. McKenzio bought one at £5 5s and nuother at Signs. Three rams, bred by Mr Reid, of Eldorslie, were submitted by Daigoty aid Co. Mr H M. Porter gave £5 5s for the beat of the three and the others were passed. Mr Perry bought a pen of 15 Liucoln-Liccester rums at £2 2s. Other sales of sheep wore : A. Dogberty, 100 ewes at 6s; and R. D. Long, 113 nt 7s 6d. A number of othoy lines submitted ware passed, .but sold at

satisfactory prices after the sale. Catt'e —About 200 were yarded, and brought keen competition. Ouo cow and call brought £5 2* 6d, 2 cows and calves £4 16s, 1 caif 27s 6i, 1 fat cow £5 ss, 2 w antes 30s, 19 steers £3 3s, 48 ihrce year-old steers £3 14s, 2118-montfis st.ers £3, 34 15 to 18 months heifers £3 12g, 7 2-y Gar-old heifers £4 10s, 8 3-your old steers £5 6?, 52 3 year-old steers ,£5 os. Bidding throughout was brisk, ahd all liurs wero quitted.

Messrs Will ams and Ki-ttlo held their fortnightly sale of stock st the Matawberg yards yesterday.- There was a good attendance of buyers, and bidding was brisk. About 6000 sheep wero yarded, and realistd the following prices 100 fresh full mouth Lincoln ewes 10->, Mr R. D. Long ; 207 two, four, and six tooth ewes 12s 6 i, Mr W. D. Lysnar ; 21 cull owes 3s 6d, Mr Roberts; 87 four and five year ewes passed at 9s ; 45 lambs 9s, Mr Field ; 22 fat ewes 14s, Mr Ctejar; 7. fat lambs, 15s 7d, Mr W. H. Cooper; 31 ewes 10s, M r Robeke ; 119 ewes 10s, Mr CarmiehaolJ; 127 - ewos lls, Mr Rougher ; 1200 lames (delivery now or March Blsi) passed ; 100 fat wethers 18-, Mr F. Rhodes; 102 four and six tooth ewos 9s, Mr Carmichael ; 120 lambs with 7 fat ewes 12s 6d, Mr Hunt (Gisborne Froez ng Works) ; 92 owes lls 6d, Mr Carmichael ; 52 owes 5s Bd, Mr Lysnar; 29 fat ewes 13s, Mr Gordon ; 52 owes 6s, Mr Mclntosh ; 452 two and four tooth wethers 14a 6d, Mr C. Gray; 75 full mouth ewos 8s 9d, Mr Lysnar ; 404 lambs 3s Bd, Mr R. Scott ; 261 breeding owes 15s 2d, Me Carmichael ; 247 ewes 14s, Mr Carmichael; 14 lambs 7s, Mr J, Campbell'; 904 wethers passed at 15s.

LONDON MARKET. W. and R; Fletcher, Limited, throngb Mr S. H. Graves, representative, Christ church, report from London, under date February 3rd There is no’improvement in the demand for cattle arid sheep, and with very few exceptions the general tone of the principal markets is one of weakness and depression. A slight recovery was reported last week on good sheep, but it was not maintained. The exceptions referred to aro one or two Scotch markets whera the stock was pro-' bably rather above' the average in quality. At the" foreign cattle depots business has been very slow,' and all salos moire'or ~ less forced, with. consignments only partially cleared. The current quotations for the week are : Best' United States cattle 4s, secondary 3s lOd, Canadians 3s 6d to 3s 9d, rabchers 3s to.3s 4d. A few sheep and lambs, States and Canadian, are ooming to hand ; they are not much in request, but are selling at 3s lOd to 4s 2d, and lambs to 5s per stone. Frozen Mutton. —New Zealand ; Be, duccd quotations bavin? failed to stimulate the demand (which, if anything, has been lees active than tl e preceding fortnight), values have still further declined. The position also has not been improved by the offering of numerous parcels of stale, long stored sheep, the holders of which have evidently given up all hopes now of obtaining the high prices that at one time seemed probable. Australian: Sales havo been difficult to effect owing to the unselling character of a largo proportion of tho stock available. At current rates, viz., to 3d per lb for carcases weighing 551bs and upwards and about d per lb more for lighter weights, the demand is very weak. River Plate : Demand haß ruled far from satisfactory, and this, combined with tho heavy consignments due to arrive this month, also the low rates ruling for Australian sheep, has resulted in quotations being still further reduced.

Frozen Lamb.: —New Zealand : Recent arrivals of new season's are now being offered in small . quantities. Sales are, however, so limited as to render quotations quite nominal. . Noith Island descriptions realise 6d to 6Jd. per lb, and. Canterburys 6Jd to 6}d per lb. Australian : Cold frosty weather last tvpek checked cjctuarici to some extont, and the market being oversupplied, woakuesi in prices necessarily followed. More favorable conditions this week have enabled sans to bo effected with greater freedom, current rates being very firm. River Plate : There has been but very little enquiry for this description. The-few offering at the provincial centres are of very irregular quality, and /realise to 5d per lb. Frozen Beef.—New Zealand : Although the supply is so very moderate, it has been more - than adequate for the trade during the past fortnight. In sympathy with the fall in values of other descriptions, lower rates have bpon accepted for the Bmall quantity sold. Australian: There hnvo been no fresh wrrivula, and the small quantity marketed has met a slow sale, hind and forequarters realising about Jd to per lb loss than last recorded. River Plate : A disappointing trade every day during the past fortnight is responsible for the steady decline in values. Hindquarters, however, have been most difficult to sell, and foroquarters have only been in moderate demand.