LATE COMMERCIAL.

Hawera & Normanby Star, Volume LI, Issue 9139, 11 July 1906, Page 7

LATE COMMERCIAL.

WOOL AND WHEAT.

[PBKB3 ASSOCIATION.] - (Received July 11, 10.8 a.m.) LONDON, July 10. The wool sales opeaied quiet at par to 5 per cent, decline. Wheat and flour afloat for the United Kingdom i& 2,905,000 quarters and for the Continent- 1,250,000 quarters. ABRAHAM AND WILLIAMS' JOHNSONVILLE SALE. JOHNSONVILLE, July 10. Messrs* Abraham and Williams, Limited, report on their Jobnsonville sale as followis : — A full entry of bullocks. With- the exception of two pens of light plain ■ steers, the- quality was prime. Beef made 21s beet bullocks £9 7& 6d, others £8 17s ; 6d to £9, £8 5s to £8 15s, light £7 10s j to £7 12& 6d, steers £4 7s 6d to £5 10&. . A smaller yarding of sheep than usuasl, , including an entry of show sheep. A pen of Down ewes 26s 6d, a pen of Lincoln eweis 28s 9d, heavy ewes 216, light ewes 16s to 16s lOd.; wethers, prime 21e 4d to 225, heavy 24s Id. 1

■"""^ 1 The Wellington Post is informed m the very best authority that the quantity of butter in oold storage in New Zealand at ; the beginning of the present montlh was about 31,500 boxes, and this does not in- ' dhide anything whiich the Taieri and ' Peninsula Company may have in. store ' doi Dunedin and at its factories. At? the beginning of July last year the quantity in cold store was about 35,000 boxes, speaking as closely as it could be approximated. Last spring the New Zealand market was very bare of butter. Piractically there was not a single box for ' export, whereas in former years a con- , siderabls quantity was always in store for : spring. In 1902 and 1903, fox instance, . upwards of 100,000 boxes were in store, and the greater part of this was sent to ; South Africa. So great, in facto, was the shortage 1 last spring that Mr Spragg, of the Daiay Association, Auckland, actually brought back a quantity of butter be had shipped, to England in order , to supply the demands of his own customers. In looking up 'last yeaT's quotations, we find tnat Taranaki butter on Ist July, 1905, was selling at 102s per cwt., and a week later the cables announced uiat New South Wales was the only colonial butter offering, and this was selling rapidly ait 90s to 98s pear cwt. The latest quotations for New Zealand butter this month were 105s to 106s and 107s per cwt. on the London market — a difference of 3s to 4s compared with last year. July 11