COMMERCIAL-

Gisborne Times, Volume XXI, Issue 1711, 30 March 1906, Page 2

COMMERCIAL-

(Per Press Association.)

Napier, last night, The Colonial Consignment and Dietributiog Go.’s cable states Frczm meal quotations: Canterbury mutton 4sl, Na. pier, Wellington, and North Island 4Jd ; lamb, first quality sgd, seoond 4Jd ; beef, hinds fores 2Jd.

Messrs Williams and Kettle, Ltd, received the following report of the wool market from tbeir London ageDts by tbe ’Frisoo mail: —Since onr advioe of three weeks ago, the market for this staple has not undergone any epeo'al obange, but it is satisfactory to be able to repo.t that everything points to iha maiket being in a healthy state, and that prices have a ten* denoy to harden for all classes. It would appear that tbe possibility to which we referred some fimo ago, namely, that the increased supplies which would to comiog forward this year might be fully absorbed by tbe trade without any material set back in prioeß, may still be realised, sinoe the direct importations which are now arriving pretty freely are being readily disposed of, and wool continues to be wanted. Trade in the manufacturing districts is very active, and altogether the outlook is distinctly satisfactory. Forties (tops) are selling at 161 to 16J-d, and sixties (tops) at 26d. The net f,OBh arrivals for the next auctions to oommenoe on the 14th March now amount to 75,161 bales, of which about 4450 are Cape, Sheepskins.—The first series of sales for the current year was he'd on the Bth February, when some 4712 bales, including 700 Punta Arenas were offered, and with active competition the entire catalogues were cleared, prices of orossbreds showing an advonoe of to 5 per cent, and this in spite of the fact that tho market was not assisted by any American buying. With regard to merinos, these showed little or no obaDgo on previous rates, tbe tendenoy, however, being in favor of sellers. We quote priors as under;— Merino (full-woolled) 8d to 10£d per lb, merino (half to threcquarter-woolled) 7£d to 9|d, merino (short and shorn) to B|d, orosßbred (full-woolled, fiae) 9fJ to Ufd, crossbred (full-woolled, coarse) B}i to lOijd, crossbred (half to tbreequarterwoolled, fine) B£d to 10£d, orossbred (balf to threequarter-woolled, coarse) 8i to 9Jd, crossbred (shorn and short) 6£d to Bid.

SALE AT MATAWHERQ yARDS^

GOOD DEMAND FOR SHEEP,

POOR SALE FOR CATTLE

There was a large attendance at the Matawhoro stock sales yesterday, and very good business was transacted by tbe several firms Tbore was a la'ge offering of sheep, aod good prices were obtained, but tbo call w<s veiy poor and tbe sale oould only bs effected at b great dieoount. Messrs Williams and Kittle had a very large offering. Tbe firm were represented by A. F. and' ,GL R. Wyllie, the latter officiating as auctioneer. Rlost of tbe lines ofle ed weie disposed o f . Four and five-year-olds sold from 11s 6d to 13s 61, while store 2-fOjth wetbera ran from 12s 9d to 13*. Fat and forward I wethers were in good demand, and eold | up to 16s 2d, the latter prioe being ob* tained for a fine lot of 400 sent forward by Mr W. D. S. Macdonald, of the Motu. Cull lambs sold fr.-m 3s 5d to ss, and woolly lambs up to 10s. A good line of shorn lambs realised 10s 61. Crooks of [ewes were disposed of froti 3s to 4s. There was a fairly large offering of o title, but there was.no improvement in tbe prices. There was little demand for young stock. Tbo firms disposed of be tween two and three hundred head a' moderate rates. Three and a half to fouryear old bullooks sold at £5 to £5 ss, There was small offering of pigs, but what wore offered sold well. Messrs Common, Shelton and Co. report that fat, aod, in fact, all wethers, were in good demand. A lino cf 168 fat wothers eold at the record prioe of 17s, Mr Col'ison, cf Hawke’s Bay, being the purobaser. He also secured a similar line numbering 137 at 16j lOd. There was a goneral advance in wethers, and everything penned found buyers.' Two tooth

wetheys were selling at 13(, forward wethers from 14s 6d to 15s §3, and fats 16s to 17s. There was only a small entry of oattle, and little demand. The following sales were reoordedlo4 wethers 13s 43, 39 do. lie 33, 366 do. 13s 9d, 33 fat wethers 15j 93, 142 wethers 14s, 110 old ewes 5) Id, 86 wethers 13?, 18 old ewes 4>, 639 wethers 15s Bd, 168 fat 17s. 137 do. 16s 10J, 149 cull ewes 14s 6d, 66 lambs 6s, 37 old’ewes 5s 33, 35 do; 53, Figs : Three porkers sold at 16s §I. Oat-

tle : Ooe steer 30', Jersey cow L 3 7s. Messrs Dalgety and Go, submitted a number of good lines, which were dis-

posed of at satisfactory priee3. The firm report keen demand for wethers of all classes. Fat sheep sold as high as 17',

Old ewes were neglected, whilst there was

a very poor demand for cattle. All the

lines offered were disposed of. The New Zealand Loan and Mercantile bad a large cfferiog, and good business was rrportsd, there being a very good de

mand, end fair prices for all young stock. The firm report very good business in

rams, which were never scarcer than dur-

ing the present season. The cattle market was lifeless, and aDy sales (fleeted were

made at a reduo ion of 50 per cert, of

what a similar class of oat Ie wtuM have

brought about 18 mouths ago. The lines submitted by Messrs Murray Roberts were offered by Mr Wyllie in the absenoe of Mr Hine, aud were all disposed of at good prices,