COMMERCIAL

Dominion, Volume 5, Issue 1326, 2 January 1912, Page 8

COMMERCIAL

HIGH COMMISSIONER'S;' CABLEGRAM. | The Commerce and Tourists Division of the Department of Agriculture, Commerce, ana Tourists has received the fpllowinp; cablegram from the. Hiph Commissioner for Now Zealand, dated Londou, December 30. 1911. (Note.—Quotations,, unless ot.herwiso specified, arc average market prices oil spot):— ... Jluttnn.—The market is rjinet, mil steady, and prices are well maintained, as st-orks arc light. Canterbury, 43d. per lb.; North Island, 4d. per lb. ' Lamb.—The market is vovy rruict-.. Canterbury is ouoted nominally at 5,1., New Zealand,' other brands than Canterbury, Aid.: Australian. 4jd.: : Plate. 4rt.. Beef.—The market, is .quiet,. but steady. New Zealand stock is almost exhausted. New Zealand hinds.SJd. per lb.; New Zct land .fores. 23d. per lb. Butter.—The market is quiet; but firm, at. the close the lonic's shipment pieltv well cleared. Buvcrs arc awaiting the arrival of the Turakina. on Monday. New Zealand, lolt-:. per owl.: Danish, 1345.; Australian. 1275.: Argentine, 1205.; Siberian, Mock is small, 1245. Chrese.—The market is firm, with more iiuiiiir.y.■ New Zealand, 705., 71s, pit cv,;.; Canadian. 755. Hemp. -The market was aotive, with a pood demand, but nuiclur at the cluso. New Zealand, pood fair, per ion. £21 55.: fair prade. ,E2O lis.: Manila bemp, fair current grade. £21; .Tabiinry to Marrli shipment, pood Tair. £21 55.; fair, £20 165.: fair cur. rent, Manila. £21 10s. The out put from Manila for the week was 26.K0 ba.les. Cocksfoot—The market is lirm, with an improved demand. It is reported thai it appears probable that larger rinanfitie- of Continental seed will be available next season. Danish quoted at an average of Wool.—The market is ciuiet. but.lirm. The current quotations for Bradford tops are:-t Per lb. 36's low crossbreds Is. Id. 40's ,low crossbreds Is. lid. 44's medium crossbreds! Is. ljd. . 50's. hnlflireds Is. SJd. 56':) quartcrbreds Is. 72d. 60's merinos ..'. ~.,.' 2s. Id. NEW SOUTH WALKS EXPORTS. By Telecriph—Press Association—Copyrichl dice. January 1, 10.15 a..m.l Sydney, January 1. The year has been. a. pra-pcrou.- one, thouph less so than the years immediately preceding. The following axe some of the principal' exports, compared with the previous year:— '1911. 1510. Wool ibiilesi W5.151 D9J.MB Tallow (casks) 6.1.757 «.«4 (.'•upper (iupotsl ...2,822,170 2.495,627 Mil! ton o-avc:i.ssD.o 1,345,JJ7 J.C61.157 Beef (quarters! ... 40,505 4.0,304 Wheat (oJuta!.-) ... ?,4i8,4* 6,647,248 Bitter 6&3.0E0 SO],til Babbits (pairs) ,„ 6,670,928 ■ 7,851,'iH

CAPITA!, IiJSUK. KIGUIIES l-'Ott TIIK PAST YEAR. Sj Tclecraph-I'TOSo Assciatioo-OopyriirhJ dice. January 1, 9.55 a.m.) London, December 31. The "Economist" estimates the capital issue of the year at £-191,759,400, the principal items being;— £ United Kingdom M.145.W0 Australia 3,332.500 Canada 11.214.700 Argentina 16.676.9C0 ' . Hrsuil : 19.210,600 ■ United States 21,3M,3C0 HANK CLEARANCES. (Ho::. J-inuary 1, 9.35 a.m.) London, necembcr 21. The bink clearances for the year arc ,£3M,4f8,415, compared with X.274,345,865 last year. KAFFIIt .VXD HHODESIAN COMPANIES. (Bcc. January. 1, 9.35 a.m.) London, December 31. Jhe Icadjnp Kafßr and Rhodesiaai companies have depreciated £27,500,CC0 in eix months. . 'FBOZEX MEAT. - (Itec. January 1. 9.35 a.m.) ■ - London, December 31. . The .Frozen Meat Trade Association's .Smithfield .market (iuolatioiu for the undermentioned, classes of frozcu meat, arc based-on actual .sales of-not less than one hundred carcasses of mutton or lamb, or twenty-fiyo quarters, of ;beef of fair a.vcra »e quality. The quotations arc-not selected, lines, but. for parcels fairl.v representative of the bulk of tho shipments now on the market. The prices which follow are on- an average a farthing per lb. more than the.value oi ship, this diffcreuco representing an avcrago .coet in expenses, handling, conveyance, and sellinc the meat:— „ ■ Dec. 23. Jan. 1. Mutton- d. d. Canterbury, light 4* ii . Canterbury, medium ... 4s 4S Canterbury, heavy « 4>l Southland 13-16 4J .iNorlli'lsland, best ;. 43-16 4" .North Island, ordinarv:.. 4 4J Australian,' light ........'..;. Jj- 31 Australian, heavy ■ 3i 31 "River Plate, light ..•........'.. • 3J 3\ 'liver Plate, heavy ~-3J 3§ New Zealand-owes S& ?.•) Kivcr Plato ewes , 3J 3i LambCanterbury, light '55 51 Canterbury, medium H sit . Canterbury, heavy 4J Aj Koutbland .....' ;.;.....-. 15 1J Xorth Island, selected ... 4J 4J ■Jiorth Island, ordinary... 43 42 Australian, best 4H 4$ Australian, fair 4J ij Australian, inferior 4 4 Kivcr Plate, first 43 ij ' Hivcr Plate, second 45 45 Heef-v ■','. - New. Zealand oi forea... 2J 23 Xe\v Zealand ox hinds... 33 33 .Australian os fores 23 2J " Australian ox hinds ii oi Jtivcr Plate ox- fores "... 23 23 ■Uiver.pia.tc ox hinds ... 3A ,v H i ver Plate chilled fores... 2J "j lliyer Plate chilled hinds 4J . 4-: arc in small demand, though there.arc prospects of. the prices hardening.