COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2661, 5 January 1916, Page 8

COMMERCIAL ITEMS

Customs duty collected at the port of Wellington , yesterday amounted to £1291 12s. sd.

SOUTHERN MARKETS. - , By. Telegraph—Prees Association. Chrlstchurch, January 4. During the past week a considerable quantity of wheat was sold by local merchants, the principal buyers being southern millers. A smaller - quautity was secured for the North Island. The prices paid were equivalent to 6s. to fe. 3d., f.o.b. Very , little grain is olfering. by growers, the only sales reported being a mixed line at 65., and a line of Pearl at 6s. 3d., at country stations. The recent ehowers of rain are expected to improve the later crops. Much" of tlio wheat is too far advanced to derive any benefit. large proportion of the "wheal, is very thin this season,. especially in the Ellesmere district, which suffered badly from want of rain. In the northern district south of Amberley along' the. -western part of the plains the crops arc better. Until threshing it will not be known how far the wheat crop has suffered .from the severe frost early last month. Stocks of old oats are practically exhausted. A good deal of the new crop in tho light lands of tho plains has been cut and some stacked. The grain is likely to be very light and thin. No sales of new oats will be reported nntil the. harvest is further advanced. No threshing has been done, and no oatsheaf chaff is yet available. Supplies nro coming into Canterbury from Blenheim. Tho late 6howers of rain have benefited the potato crop, but the yield is expected to 1 be . lighter than -usual. HIGH CCWMISSIONF.It'S CABbED MATIKET REPORT. The "Department of Agriculture, Industries, and Coinmcrce has received tho fol- | lowing cablegram from the High Commis- i sioner. for New Zealand dated London, De- ! comber 31. - (Note:—Quotations, unless I otherwise specified, are /average market I prices on spot):— ' Jlutton and Lamb.—Tho market is firm, with an upward tendency, owing to short supply of nil descriptions of frozen, chilled, and home-killed. There are only a few Canterbury carcasses offering, and . these aro selling at 7|d. Other than Canterbury not quoted. E-wcs, still in good demand, hut supply very limited. 6s. Lamb: A very brisk demand obtains. Average price to-day for: Canterbury two's, 7Jd.; heavy■weights, 7 3-Bd.; second-class quality, lightweights, 7Jd.: other .than Canterbury, 7id. •for best quality; ordinary quality, 7&(L :Beef.—Tlie market is firm. Therb is no prime New Zealand beef on the .market. Second-class quality, cow hinds, 6d.; fores, sd. Supplies of American chilled beef are small; hinds 9*d., fores 6£d. , Butter.—'The market is very dull and unsettled dliring this week, but is steadier to-day, with, more business doing. The French Government has temporarily prohibited the export of butter. There is a poor demand for' Danish, which is realising 150s. to 1565.; Australian, 1365. to 142f.; Siberian, selling slowly, 1265. to 1345.; Argentine, 1365. to MOs.; New Zealand, 140s. to 1445.; unsalted} 150s. to 1545. Oheeee.-The market is firm at the advance. Canadian, white and coloured, 945. to 955.; for New Zealand prices firm ai the close of the market; white' and coloured, 925. to 935.; coloured, occasionally 945.; English cheddar, :100s, to 1025.; Cheshire. 106s. to 110s. Hemp.—The market remains firm, but is quiet until after the holidays. New Zealand, .good fair, on- spot, to-day, is £39 10s.. per ton; fair. £37 10s.; Manila, fair, £48 10s.: coarse, £39 10s.; for January to March delivery, New Zealand, good fair is quoted <\t £38 10s.; fair, £36-10s.; Manila fair, £$7 10s/; .coarse, £38.105. The output from Manila for the week was 12,000 bales. Wheat;— I The market is strong; there is a good demand for all descriptions, and prices are advancing. Canadian, on spot, 635, on.; for January to March deliverv, 61s. 6d.; Australian, January to March steamer, 645.; sailer, 61s. Oats.—The market is firm, with on improved demand. Argentine, 011 snot, 335.January to March delivery, 325. 6d . Hops—Tho market, is very quiet, and there nothing doing. Prices are nominal. English, 100s. to 1305.; California, 80s. to 100s. • Wool.—The market looks very strong, and there; are a number- of buyers at highest prices. • " Cocksfoot. The market is firm owinc to reduced supplies. ■ ■. M2JDON WOOL SALES. By Tbleer/ijiii-Pj-(»vv . .• (Eec. January 4, 9.34 p.m.) ... _ ■ . London, January 4. .The wool arrivals for the first series of the London sales, which begin on January 17, total .170,(97 bales, including 129,332 bales Australasian. Sixty-four thousand bale® nave been forwarded direct to manufacturers, leaving 116,000 bales available. ' " ' WHEAT. " (Eec. January 4. 9.30 p.m.) ... ■ London,' January 4. Wheat is quiet and easier, with a holiday tone. .TALLOW STATISTICS. „^ OC L5 3 ! 3 tonSl imports 1787 tons, deliveries 3502 tons.