COMMERCIAL.

Gisborne Times, Volume XXII, Issue 1728, 20 April 1906, Page 3

COMMERCIAL.

LONDON ADVICES.

Messrs Williams and Kettle, Ltd., have received the following advice from London, in connection with the colonial wool sales which took place on the 13:h March

last The seoond series of colonial wool sales for the current year commenced oa the 13ih inst. with an excellent attendance of buyers from all sections of the trade. As the result of very keen and goneral competition we have now to advise an advance in prices all round. Ia the case of sooured and greasy merinos the improvement is represented by a rise of 5 per cent, and occasionally 7i per cent., the fulleet appreciation being notioeable on the better classes of greasy oombiog. Crossbreds are also in excellent demand, and finer descriptions are 5 per C9nt., the medium 7£ per cent., and the coarse fully 10 per cent, higher than the closing rates of last sales. Slips are in strong demand and are selling at prices folly eqaal to those realising for greasier. Lambs’ wcol is eagerly eought after at fully 10 per cent, advance, and occasionally more- Altogether the result of the opening of those series may be considered distinctly satisfactory. Trade both at home and abroad is very brisk, and the possibility to whiob wo referred at the end of the yr a-, viz., that tho increased production of wool from Australia would be readily absorbed by the trade, without any material lowering of price, appears likely to be realised. Whether the result will be ac'ually attained or not remains to be seen ; there is, however for the time boing, a very coDfilent tone ia the market and these who are bißi able to judge anticipate that thore is not much ohanci of any material sot back in va'ues fo: some months to como.

HIGH COMMISSIONER’S REPORT,

(Per Pres a Associate d.) Wellington, last night. Tho Depaitmontof Industries and Com moroe has reoeived tbo following cable from the High Commissioner, d-ted London, 18:h April Shipments from the River Plate during tho month of March, 19U6. were—Mutton : London 83 062 carcases, Liverpool 90,492, Hull 9354, Newcastle 6600, Southampton 1510, Plymouth 1305; 194 353 carcases. Lamb: London 10,514, Liverpool 6743, HuU 1000, Newcastle 1000, Southampton 301 ; 19,558 carcases. Butter : L’verpool and Southampton 95700wt5.

YESTERDAY’S SALE.

Messrs Williams and Kettlo report: — Sheep : 66 fat ewo3 wore Bold at 14s lid, 69 wethers 11s 41, 219 old owes 63 2d, 35 cull Lmbs 3s Id, 97 two-tooth owes 10s 6d, 103 fat ewes 10s 3d, 71 four-year-old owos 4?, 43 two and four-tooth wethers 14s 4d, 27 old ewes 4j Bd, 48 fab wethers 15s, 33 two tooth wetheis 10s, 20 fat ewes 13s, 20 fat ewes 10s 6d, 207 lambs Os 4J, 146 fat wetherß 14s 2d, Cattle: Fat bullocks and light condition steers realised £6 ss; cows were passed at £3, and heifers also were passed iD. — Common, Shelton and Co. and Dalgety and Co. report:— 31 fat wethers 15s 7d, 7 oull ewes 2s 63, 66 fat wothers 15s lOd, 170 fat ewes 12s 63, 11 oulls 3s 9d, 200 full-mouth ewes 7s 63,103 fat and forward wethers passed at 15s 63, and 176 full mouth owes 7s 93. Cattle : 20 forward steers were sold at £5, and 6 yearlings al I 25?. Pigs: Porkers brought 17a to 27s aud weanors 63,