COMMERCIAL.

Gisborne Times, Volume XXVI, Issue 2198, 23 May 1908, Page 3

COMMERCIAL.

United Press Association —Copyright

LONDON, May 21. There is a strong American demand lor best New Zealand crossbreds, which are Id higher. Other sorts are very firm. Ngaio sold at Gild, Erewliou Tf. The American visible supply of wheat is 33,701,000 bushels. The Peninsular and Oriental Steamship Company declared a dividend on deferred shares of 7 per

LONDON, May 21

At tho wool sales there is animated competition for all sorts at prices the highest of the series. Americans are operating on best New Zealand crossbreds.

The New Zealand Loan and -Mercantile Agency Co., Ltd., report on stock sale held on Thursday, 21st inst.:—The attendance was fairly up to the average, but the yardings appeared to be in excess of requirements, consequently a dull sale was experienced. .Sheep :Wo yarded 4126, and sold 2101. Wethers and lioggets mot with fair competition'.,' but”old ewes were neglected; there appears to be no demand for them. Our dav’s quotations were as follows: Ciii Ihoggets 2s 9<l to 5s 3d, better lines shorn, hoggets 6s 8d to 7s Id, fair hoggets in wool 8s to 8s lid, wetliers (2-tooth) 11s 9d to 12s Gd, ewes (2-tooth) 12s 3d, aged ewes in lamb 6s Gd to Ss Gd. Cattle: "W p yarded 325 and sold 136. The demand for female stock was lifeless, but steers sold well, and there was fair competition for young cattle. The days’ prices were as follows: Small calves 116 to 16s, better lines 20s to 2Gs, yearling heifers 31s,- fifteen months’ steers £2 ss, 18 months’ to 2-vear-old steers £3 19s Gd, herd cows in low condition 255, Hotter sorts £2, dairy heifers £4 2s 6. Pigs: I There was a "small entry, and there was not much competition. Weapon; made 7 B - We ijell again on 28th inet.