COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2620, 16 November 1915, Page 8

COMMERCIAL ITEMS

■ WELLINGTON WOOL SALE. So far' as the 'North Island is concerned the wool season 1915-16 will be opened, hy the 'sale which will begin at 9 a.m. tomorrow at- tho-Council Chamber of the Town Hall. The quantity to be offered ia 6090 -bales, which is about MOO less than the 1 quantity offered at the opening sale last year. The quantities to be offered by the several" broksrs and the order in which they will eell are appended:— . ' Balea. Murray, Roberta, and Co 1965 . , Abraliam and Williams ■ 613 N.Z. Loan and Mercantile 801 Levin and Co., Ltd 1900 United' Farmers 347 Ddlgety and Co., Ltd; 2260 W. and G. Turnbull and Co. ...... 116 . N.Z. Farmers' Co-op • 188 It has been known for some dayß past that the representatives of American, housee,have been scouring the country buying up the wools they require, and paying lonff prices. It is estimated that the representative'! have secured about 55,000bales, and this no doubt accounts for the smaller quantity of wool catalogued for tho Wellington £ale. Some fear that these American purchases may in part find their way into enemy countries as manufactured Eoods, but this fear is groundless. If the wool,.is consigned to the President of the American Textile Association it will bo quite safe, because there is an arrancemont between the Board of . Trade and this association regarding esports to enemy countries. late maiL advices from London show that the trade at Homo expected American and Japanese, buyers to operate •freely ,in Australia and New Zealand/ and this- was rather welcomed than resented, hecause it would relieve- Bradford somewhat. , There are said to. be over 30 representatives of American buyers operating in Australasia, and the more wool they lift under the safeguards named the better will it be for. tho market and the foreign exchanges. ' LONDON WOOL SALES. . Messrs. Dalgety and Company, Limited, report having received the following cablegram from their London house, -under date ;of November 12:—"Wool sales continue very firm, and prices are in favour of sellers. More demand for faulty and inferior merinos from Continental buyers.' Greasy crossbreds often id. dearer than last week; good American end French competition."

, SYDNEY WOOL SALES,' By Telegraph—Press Association—Copirloht (Bcc. November 15, 10.50 p.m.) Sydney, November 15. The wool sales have opened with brisk competition, and prices equal to the best, rates of the"season. . HIGH COMMISSIONER'S GABLED.MAKKET , RETORT. •; Tho, Department of. Agriculture, Industries," and Commerce has received ■ the' following cablegram from the Hieh Commissioner for-New Zealand, dated London, November 13. (Note: Quotations, unless otherwise specified, are average market prices on spot):— ' . Meat.—A poor demand continues for all descriptions of frozen meat at-lower prices, on account of a large supply of Homekilled. Mutton.—Canterbury, 7}d. per lb. for lightweight; heavy-weights, 6|d.; ewes, s|d. Lamb.—Canterbury, two's, 7Jd.; heavyweight four's, 75d.; second-class : quality light-weight, 7jtf.; other brands,than Canterbury, 7jd. for best quality light-weight; ordinary quailty, 7 3-Bd. Beef.—New Zealand beef, 6econd-class auality, hinds, 51d. per lb.; fores, 4Jd. per i.; chilled hinds, 7fd.; fores, sjd. HutWi.-rTho inarkol Is quiet, but .steady. There is a better demand for'best quality. Tho supply. of low grade exceeds the do> mand. Danish, market firm at the ad-vance,-per cwt., . 170s. to 1745.; Siberian, 1245. to 1325.; Argentine, a, good'demand, 1565. to 1585.; United States, 140s. to 150 a; Irish creamery, 150s. to 1545.; New Zealand, the market Is cleared:'

'. Oheese.—The market remains firm, but quiet. \ Canadian, white, per cwt., S6s. to 855.; oolourod, 87s. to 895.; English Cheddar, 965. to 100s.; Cheshire, 102s. t~> 106e.; New Zealand, the market is cleared; United States, the supply is practically exhausted. Hemp.—The market is itrm at the advance. There is a . better - demand for homp as the stock is small. New Zealand, good-fair, per ton, on (rpot, £36; fair, £34; Manila, new graded, fair, £41 10s.; coarse, £34; January to March shipment, New Zealand, good-fair, per ton, £35 ICa; fair, £33 10s.; Manila, new graded, fair, £41; coarse, £33 10s. The output from Manila for the week wan 18.CC0 bales. Wool—The market is very active and strong; all stooks are advancing. Prospects are favourable. Wheat.—Tho mflrket is firm and prices oontinue to advance. Canadian. November to Docember shipment, per quarter, 555. Oats.—The market remains firm. Argentine, on spot, per quarter, 31s. W.; November to Decemher shipment, 31s. WHOLESALE PRODUCE PRICES. '■ Messrs. Laery and Co., Ltd., Allen Street, report wholesale prices as follows:—Fowls' wheat, prime, ss. 6d. to ss. 9d.; barley, Ss.; Oape barley, ss. 6d.; feed peas, prime, ss. 3d.; partridge,peas. 6s. 6(1.; maize, feed, 55.; seed, 65.; oatensheaf chaff, £8 ss. to £B'lte.; hay, £4 to £7 10s.; flour, in sacks, £13; oatmeal, £19; bran, £6; pollard, £8 10s.; rice pollard, £7; onions, Yictorian, £10; potatoes, £13; bacon, sides lid., rolls Is., hams Is., shoulders B}d.; cheese, medium, Bid.; loaf, 9Jd.; linseed.meal, £19 10s.; linseed nuts, £13 10b.; linseed ground cpka £11; whole linseed, £18. Customs duty colleoted at the port of Wellington amounted . to £2632 6s. 4d,