COMMERCIAL.

Gisborne Times, Volume XXVI, Issue 2097, 24 January 1908, Page 3

COMMERCIAL.

United Press Association —Copyright

LONDON, Jan. 22

At the London wool sales 7074 bales were offered, chiefly merinos. There was a splendid attendance and keen competition, the best merinos being very firm, with a hardening tendency. Top-making sorts were unchanged in price. For very faulty the price nas 5 per cent, below he December sales. A small selec•ion of crossbreds sold at 5 per cent, iieaper. Merino lambs was halfpenny dearer.

Press Association. . WELLINGTON, Jan. 22. A cable from the High Commissioner dated January 22nd states: “The ■tool sales have commenced, and here is active competition, except or heavy and inferior classes, which are -Jd lower than the prices quoted at the closing of last sales.”

MATAWHERO STOCK SALES

CONTINUED DRY SPELL KEEPS MARKET DULL.

The poor prospects for stock feed in the country, had a most depressing effect on yesterday’s sale at Matawhero. The entry of sheep was not a large one, some owners being discouraged from sending stock in by tho lower prices ruling, and others being disinclined to place their undipped sheep under the critical eye ol tbo stock inspector. Fats sold fairly well, blit in order to do business auctioneers had to accept lower values which now rule in agreement with the London market. Stores in sympathy with fats ailso ruled lower, and although there wore no lots “thrown away,” prices generally showed a distinct drop as compared with previous rales. The range of prices was: Fat wethers 12s to 13s, fat ewes 10s to 12s, young wethers (stores) 12s to 13s 8(1, young ewes 12s to 14s, old owes 4s to 7s, fat lambs 9s to 11s. Tho principal sales wore—Y ethers ■ egg (2 and 4-tooth) at 13s Bd, 90 (4tooti) a* 13* 6jl. 48 at 13*. aoo at 12, 9d, 96 (2-tooth) at 12s 6d, 317 (2tooth) at 12s. Ewes: 502 (2-tooth) at 14s 6d, 51 (4 'and 6-tooth) at 13s 3d, 60 at 12s 6d, 400 at 12s, 2o at 10s, 1100 at 9s 6d. 178 at 9s 3d, 34 at is 6d. Lambs: 11 at 11s, o2 at bd, 25 at 9s 6d, 129 (shorn) at /s. Rams: 0 Shropshire.? at los. 2 at 1 ’ Lincolns at £l. 1 Romney at . • There was a fair yarding of cattle, and a good demand for fat and toward stores. Some of the latter sold extremely well. Good dairy so its found buyers, but for inferior quality and pens in Cow condition tne sale was verv dragging. The principal < nles were Fats: 8 steers at £6 3 cows at £4, 1 heifer aj:. £4 10s Stores: Steers —18 at £■> I'S. 8 £4 15s. 21 at £4 11s, 08 at £4 10s, o „t £4 Is ,3 at £3 11s, 10 at £3 Is. 6 (at £2 19s, 5 at £2 15s. 1 heifer at r.n in,; 3 yearlings at £1 ss. 3 vearlincs at £2. 9 calves at £1 17s. Dairy S&f.TSr »* ft 1 «JV £6) 1 at £o, and •' heifei at £4.