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COMMERCIAL.

AUCKLAND SHARE MARKET

The following 'transactions have been received in Gisborne:— AUCKLAND, July 28.

Wailii, 30, 29s Gd; Junction, lOs 3d, 9s 7d; Talisman, 6s 2d, 6s Id; National Bank,... £5 16s (sellers); Bank of New Zealand, 48s 9d, 48s 3d; New Zealand Insurance, 28s 6d, 27s 9d; South British Insurance, 35s 3d, 355; Auckland Gas, 21s , (buyers); Huddart Parker,'’ 46s (buyers); Wilson’s Cement, 14s 3d (sellers);' P. and O. stock, £370, £350. —Special. WELLINGTON SHARE MARKET. WELLINGTON, July 28. Inscribed, £B3, £B3 7s 6d; Soldier’s Loan, £9l 12s 6d, £9l 17s 6d, Bank of Australasia, £B4 10s (buyers); National Bank, 116 s (sellers); Bank of New Zealand, 48s, 48s 9d; Goldsborougli, Mort and Co., 30s (buyei's); National Insurance, 58s 3d; Huddart Parker, 45s Bd, 46s Gd. —Special. HAMILTON MARKET REPORT. Hamilton, July 27. Beef has been coming forward in fail' quantity, but values have descended to a level t-lian has been reached at this season for a number of years. Many still have hopes of improvement possible with good reason, but there seems little to. justify the belief that early expectations will be realised. The ‘ mutton market is fairly steady, although a downward trend is visible. Ample supplies- are forthcoming. It may be safely asserted that the enthusiasm which pervaded the store cattle market during the past .month or so has departed. This was not unexpected. An early rise such ns was experienced this year seldom proves of long duration. Grown steers are very little sought after. Forward cows aro in fair demand. Two-year steers drew a certain amount of competition, blit never reach high values. Empty heifers of the same age are undoubtedly tlio most attractive class of stock offering, although there is evidence of a turn in the tide. At most centres good yearlings, especially heifers, are fancied, and many good sales have? been recorded. Like cattle, the store sheep market has suffered a relapse. 8o little can he ascertained regarding the prospects of the coming year that this is not to be wondered a-t. The market for dairy stock seems proof against the reverses affecting other classes and continues its prosperous course. Clearing sales show most satisfactory results, the averages being quite equal to those recorded at the same period of last year. Although heavy draught horses are not in keen demand there is a fair oquiry setting in for the handy medium sorts. Hack and light harness horses have not changed. Pigs made a strong forward movement during the past few weeks, and judging by the small offerings may be expected to maintain their ground.

HOME MARKETS. The N.Z. L. and M.A. Co., Ltd., have received the following cablegram from their London house: —Tallow: We qote present spot values for the following descriptions—Fine multon £2 Is per cwt, good beef £2. mixed do. £1 14s per cwt. Market strong. N.Z. Butter: £l2 17s per cwt; quiet demand. Cheese; £6 16s per cwt; demand less active. Frozen Mutton: s|d to 6ad per lb. Frozen Lamb: Is 1-gd per lb. Frozen Beef: Hindquarters s£d per lb, fores 3fd per lb; market slow.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19210729.2.6

Bibliographic details

Gisborne Times, Volume LV, Issue 6143, 29 July 1921, Page 2

Word Count
516

COMMERCIAL. Gisborne Times, Volume LV, Issue 6143, 29 July 1921, Page 2

COMMERCIAL. Gisborne Times, Volume LV, Issue 6143, 29 July 1921, Page 2