COMMERCIAL.

Gisborne Times, Volume XIX, Issue 1565, 22 September 1905, Page 3

COMMERCIAL.

IfHE LONDON WOOL MARKET.

By Itltgraph, Press Ais’n, Copyright

London, Sept 20. At the wool sales 9051 bales were offered. There was a poor selection of merinos, bat excellent crossbreds. There was a crowded attendance of bnyecß from all parts, and extreme animation. Oom.pared with the closing prices of the July series, merinos were 6 per cent and all crossbreds 5 to 7£ per cent higher. The Suevio’s pigs arrived in excellent condition, and averaged Sg-d. Bacon, good, is at 50a to 56s ; Canadian 56s to 60s. At the tallow sales 1111 casks wero offered and 169 sold. Mutton, fine, is at 80s 9d, medium 27s 6d; beef, flue, 28s, medium 265.

FROZEN MEAT. ’(Per, Press Association.) Napier, last night. The Colonial Consignment and Distributing Company have received the following cablegram from London :—Frozen meat market very weak. The demand is poor. There is a general decline In values. Quotations: Canterbury mutton 4d, Napier, Wellington, and North Island Bj-d; lamb, first and seoond, 4Jd ; beef, binds 3§d, fores 2jjd.

PHENOMENAL PRICES. Melbourne, Sept 10. The annual sales of Shropshire sheep were concluded on Saturday on the Show Ground. The demand for higb-olass Sbropehires was very brisk, and during the afternoon several phenomenal prioes were paid for special stud rams. Yearling rams realised the phenomenal prioe of 1020 guineas, or an average of 102 guineas per head. The highest prioe, 205 guineas, was paid by Messrs Edwards and Seth Smith, of New Zealand. Several breeders in Tasmania formed small syndicates to buy individual rams, and they succeeded in acquiring several of the cboice'st specimens bred by Mr A. E. Mao Bell; but the gouth Australian, Victorian, and New Zealand buyers also secured rams from this noted flock. The sale of the Mounl Vernon Shropshire rams stands as t record for the world. Mr Harry William! and his nephew, of Hundroyd, Tasmania, i also secured record prioes for their Shropshire ewes, 17 yearlings averaging £Bl lls lid. The Hundroyd breeders, like Mr Mansell, have ODly reoently arrived from England with their stud sheep. It is significant that, while the obampion Shropshire ram of the show realised 100 guineas, several of Mr Mansell’s sheep sold at considerably higher figures. Altogether, Peok and Sons sold 80 stud rams at an average of £B2 2s 9d, 44 flook rams at £1 16s 4d, and 84 ewes at £l9 16s Bd. The whole catalogue of 218 sheep averaged £2l 7s 6d, whioh is tho world’s reoord for Shropshires.