COMMERCIAL

Gisborne Times, Volume LXXIII, Issue 12078, 18 October 1933, Page 2

COMMERCIAL

BRISBANE WOOL SALES

SCOURED BRINGS SOd

{U.P.A. by Eleo. Tel. Copyright) ((Received! Oct. 17, 10.15 p.m.) BRISBANE, Oct. 17.

At the wool sales 1T,072 bales were offered. The selection was rather above the average. There iwa>s a very strong market, with the Continent and Bradford the principal buyers. Excellent clearances were effected. The market was distinctly in seller's’ favor. The top price lor greasy merino was 20£d and for, scoured 30d.

SCARCITY OF SHEEP IN WAIKATO BIG PURCHASES FROM POVERTY BAY From 30,000 to 40,000 breeding ewes have been purchased by the Waikato from Poverty Bay, according to a recent estimate. Little buying has taken place during the past week or so, but further business is expected to develop before tire close of the season. A northern correspondent commenting on the positron in the Waikato writes: "The scarcity of sheep locally is very’ noticeable, and supports the belief that when supplies appear high values will rule. Certainly any lots that have come forward have been eagerly snaked up, and there seems a probability that the wants of many will for the next few months remain unsatisfied.”

LAMB MARKET FIRM

HOME-KILLED SUPPLIES HEAVY MUTTON AND BEEF STEADY The lamb market: Firm for good quality lightweight, with heavyweight and second quality slightly easier. Home-killed supplies are still heavy, reducing our consumption. Mutton market: Wethers and ewes isteady with prices unchanged. Beef market: Trade slow. N.Z. porker pigs: Firmer and meeting with goon demand. N.Z. baconer pigs: Market quiet but strong. The above report was received °n Saturday by the Meat Board from ijts London office. STRONG INQUIRY FOR. LAMBS WANGANUI, Get. 15. There is a strong inquiry in the Wanganui district to purcha.se fat lambs for the season’s output at prices ranging from 18s 6d to 21s, according to size and quality. Farmers report systematic canvassing by old and new buyers. The 4m lay works in Wanganui have not commenced operations yet this season, but anticipate opening a little earlier than last year. A complete chain isystem has been installed, and ths men who operated last season are to be given preference this year.

STOCK AND- SHARE MARKET (Press Association) AUCKLAND, Oct. 17. Sales on Change: South British, 745; Donaghy’s Rope, 42s 6d; Woolworths (N.Z.) pref., 365; Auckland Harbor Board, 1961,' per cent., £103; Commercial Bank, 16s Ire; Dunlop Perdriau, IBs lid; Electrolytic Zinc, £1 6s 6d (2); Farmers' Trading, 3s 4d; Gillespie’s Beach, 2s 2jd; Government stock, 1049, 4 per cent., £IOO 10,s. WELLINGTON, Oct. 17. Reported sales: 4 per cent. Government stock, 1940, £lOl 12s 6d; 1946, £lOl 10s; . New Zealand Refrigerating, 19s sd. CHRISTCHURCH, Oct. 17. Sales oft Change: Goldsbrough, Mor.t, 29s 3d; Kaiapoi Woollens, 17s paid, 8s 6d; New Zealand Breweries, 37s 6d; British Tobacco, 37s 6d; Dunlop Perdriau, 18s 10d. Reported sale: New Zealand Insurance, 54;s 6d. DUNEDIN, Oct. 17. Sales on Change: Waitahu 6s 6d ; Bendigo *Goldlight, 6£d. Sales reported.—West-port 13s 9d ; British tobacco £1 17s 4-d; Dominion fertiliser 14s; Golden Point ed; Central Shotovor Is Id.