COMMERCIAL.

Dominion, Volume 8, Issue 2350, 5 January 1915, Page 8

COMMERCIAL.

HIGH COMMISSIONER'S MARKET REPORT.

Tho Department of Agriculture, .Industries, and Commerce lias received, tho following. cablegram from the High Oomnuagioner for 'New Zealand, dated London, January 2, 1915.- (Note—Quotations, unless otherwise specified, are average market priccs on Rpot.):— . Mutton.—There has been more inclination) to purchase inutton during tho past week, but the 'market is declining 1 on account of increasing supplies. Canterbury, sid. per lb; North Island, 5 7-16 d.

Lamb.—There has been a bettor tone in the market this week. Tho market is Jirm with an upward tendency for better qualities. Canterbury, two's 6£d. per lb.; other then Canterbury, 63-Bd.

Ueef.—Tho market is quiet. New Zealand hinds, 63d. per lb; fores, 53d.; chilled, moderate supply, hinds, 62d.; fores, 5Jd. Butter.—'The market is firm. There is a good demand. Danish, quiet, 150s. to 1545. per owl.j New Zealand, a good demand, 136 a. to 1385.; unealted, 138s. to 1405.; Australian, 1345. to 1365.; unsalted, 1365. <to 1385.; Siberian, firm, 120s. to 1325.; Argentine, 1343. to 1365.

Cheese.—The market is firm. Canadian, rather Quiet, 765. to 795. per owt.; New Zealand, white and coloured, fairly steady, 75e. to 765.; exceptionally, 77a. Hemp.—Manila, the market is firm, but demand only moderate. The Philli'piue market Is rather unsettled on acount of new eroding law. The output from Mar nila for the woek was 19,000 bales. New Zealand; The market is quiet but steady. Spot quotations,' nominally, good fair grade, £26 10s. per ton; fair, £24 IDs.; January-March • shipment fair -current Manila, now graded, £26 to £26 10s.; good fair, £24-10s.; high. points, £23 10s.; fair, £22 15s. ' Steal quotations are 'misleading but have .heard of off or of fair average quality f.'o.b. New York, as low as £19 10s. per ton, at present.it is impossible to secure freight <bo Europe. •Wool.—The.market for merinos'is rather fiteadier. and unchanged 'for cro6flbreds.

THE TKADE IN PATENT MEDICINES. The statement republished in our columns from the "Daily Mail" referring to the attempts'that are being made to 'capture tho 'German patent medicine trade is contradicted in some of its essential fear tures by. the representatives of the Sanar togen Company. For instance, it is denied flatly that Mr. Ton. Wulfing, whose wellknown. patent medicines,. Sanatogen, Formamiiit, etc., have Been the BUbject of controversy, is. "lighting at the front," on the side of Germany. Mr: Von Wulfing. ia himself over' 60 years of age, and he ,has two sons,, one of. whom is in London end the other ,in New York. . Strong exception is also taken to the statement that Sanatogen is "a nerve food of merely tw.i simple ingredients,"- as conveying an entirely wrong imprcEfiion of tho preparation, whioh, it is claimed, is a definite chemical compound, involving a complex process of manufacture, protected under Royal Letters Patent. Since the outbreak of war, the Board of Trade upheld the patent rights in their entirety, and whatever claims may be>dvanced by imitatorß, tho fact'remains that there can only be one genuine ■ Sanatogen, ' the merits of. which have received unsolicited from twenty thousand practising physicians throughout the world, not to mention numerous articles'and papers in leading medical journals.' Similarly, in Formamint the proprietors claim they, have a definite chemical compound, whioh can lay claims to a therapeutic value established by years of clinical use at the hands of the nieu'ciu profession, and exhaustive tests recorded by eminent investigators in the medical Press on divers occasions. The Sanatogen and Formamint on sale in New Zealand is stated to be British made, by British labour, and with materials obtained there, and the English factory (now employing over 200 hands) was opened in, 1908. At the outbreak of hostilities the company s London house courted the fulost inquiry, with tike result that not only were its patent rights upheld in full, by the Board of Trade, but official intimation was also given that in its case even a license to trade was unnecessary. The maintenance of normal shipments to the Dominion, it is pointed out. is in itself a the company 6 loous standi. Finally, tho Australian representatives of the company have received advices from London that, acting under permission from the o&-re-tary of State for Home Affaire, active slops arc being taken to convert the English and colonial interests into an out-and-out British Limited Liability Company, with a beard of British directors.

LAMB SALES. (By Telegraph.—Presa Association.) Timaru, January 4. - At the first lamb sales: afterthe- -openta* of th.o freezing season, held to-day. at 6ant Point, a&out 4000. were yarded. Host of the exporting firms were represented and bidding was keen throughout. The top line fetchod 253. 7d., and the average price is said to be about 61d. There . was a large attendance of sheep farmers to see how the sale would go. Stores were not in demand as feed is scarce. Customs duty colccted at the port of ■Wellington yesterday amounted to tw 17s. 10d.