COMMERCIAL

Gisborne Times, Volume XXI, Issue 1708, 26 March 1906, Page 3

COMMERCIAL

By telegraph, Press Ass'n, Copyright London, Maroh 28.

The butter market is V3ry dull, owiDg to poor quality of Australian aud the excessive supplies. The imports of Aus Iratian, Atnerioan, and Russian ia the first three weeks of Maroh amounted to 140,000 boxes in excess of the imports for the corresponding period of last year. Danish is firm aod unchanged. Choicest New Zealand 100 s to 102 s. Australian 943 to 965, secondary 84s to 90s. Unsalted is scarce and eelle at 108 s to 110 s, The oheese market is firm, and prioes are unchanged. New Zsaland stooka have been cleared, • -i ■ On the Bradford wool market there is a -■good general inquiry, but only a hand-to-mouth business is being done owing to the advance. Forties 17id, forty-sixes 19Jd, common Bixties 26Jd, super 27id. The Loadon sales included Acdachy 14jd, Olaio 15Jd, Titi 11|1, Napier 14>£d. At the sheepskin sales 3300 bales were offered and sold. There was a good attendance and spirited competition for all oombings. Lambs’ wore three farthiDgs higher, and clothiog a farthing dearer.

GRAIN AND PRODUCE.

(PeE Presi Aisociatlon.) Christchurch, Friday. The grain ahd produoe ma-ket is practically stagnant. At present there is not mnoh offering, and farmers are asking more than merchants are prepared to pay, consequently little or no business is being done. The only sales reported a r e 800 bushels of Tasoan, 630 bushels of pearl, and 900 bushels of Hunters at 2s lOd all round. Prioes have not changed since last week's report.

SALEB CLOSE AT HIGHEST PRICES OF SERIES.

Bjj telegraph, Press Aas’n, Copyright Reoeived 1.3 e.m., March 26.

London, March .26.; The wool sold for homo consumption was 67,500 bales; for the continent 45,000 hales; for Ametioa, 11,000; held over, * r TOOO. AH olaasos closed at the highest prices foe the series. Compared to the highest January olosiog, choice merinos advanced 5 per (tent., medium to 10 per i oent., faulty fully 10, fine to medium orossbreds fully 10, medium to coarse 12* to 15, soourods 10 to 15, meriuo lambs 5, orossbreds 15. -The primary oauscs of the improvement are increased consumption and legitimate demand The only danger in the situation is that high prices may cheek-business, , „ ' vi-Omarama brought 11J1, Puketoi 13i_, Akiiio 13£d, Tiraumea 12 3 81, Tuanut Hall 160-3,