COMMERCIAL

Gisborne Herald, Volume LXXI, Issue 21551, 2 November 1944, Page 8

COMMERCIAL

WAIKATO' MARKET Feed conditions in the Waikato have shown a marked improvement during the past week and the demand for most classes of store slock is keener, At. the spring cattle fair held at the Central yards there was a particularly keen demand and in spite of the fact that many of the offerings wore not up to the standard of recent yardings, the values showed an advance. These conditions appear to be general at other centres, where station-bred cattle are submitted. Smaller yardings of dairy cattle are being penned and as it is now late in the season the demand is not as keen as a few weeks ago and prices, except for choice lots, are easier. Values for yearling Jersey heifers show little alteration from the slightly reduced rates obtain'd two weeks

In the store sheep section values have also firmed. At the Central yards an extra wellgrown line of two-tooth wethers sold for 27s 7d, while at Morrinsville a line of two-tooth ewes from Hawke’s Bay realised 28s Sd. At the To Awanuitu market an offering of ewes with lambs at foot were knocked down at Ills id all counted.

PUBLIC TRUST OFFICE

Estates to the value of £681,137 were reported and accepted for administration bv tin; Public Trustee during September, 1944. The total value of estates and funds under administration bv the Public Trustee on March 31, .1944, was £60,788.292 and the new business for the six months ended September 80 was £4,098,845. Grants of administration made by the court in favour of the Public Trustee numbered 232 for the month. During the month 4Sfi new wills appointing the Public Trustee executor were uropared ou behalf of testators and lodged for safe custody, and -140 existing wills were revised to provide for. changes , desired .by t.-“tutors. The total number of wills now held in the Public Trust Office on behalf ■T living persons is 127,197.

FRENCH WOOL TRADE

“Word has been received that the great C •llmongerinK works at Mazamet, Southern r-r.nce, are undamaged,” states Wincneombe, C’.rson, Limited (Sydney). “The breneh r: !ablishments were easily the largest in the world. France imported 122,300,0001 b. ot •heepskins in 1938, over 50 per cent of which was purchased in Australia. A resumption of that trade in skins will probably occur once working conditions are cstnb lislied. France has ample foreign credits 1 purchase imports. They were frozen dur tvi- nor occupation by Germany. Like most European countries, the importation of raw materials is the life blood of French industrial life.”