COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2666, 11 January 1916, Page 8

COMMERCIAL ITEMS

Ouetoms duty collcctcd at the port of Wellington yesterday amounted to £7739 4s. 6d. HIGH COMMISSIONER'S CABLED MABKET IIEPOItT. Tlic Department of Agriculture, Industries, and Commerce has rcceivcd the following cablegram from the High Commissioner for A'ew Zealand, dated London, January S. (Note: Quotations, unless otherwise specified, aro average market pncca on spot) :— Meat.—A good demand continues at higher prices for oil descriptions of frozen meat owing to short supply, although supplies of home-killed liave increased. Mutton.—Canterbury, 7<>d. per lb., cniy weight. There is only a small quantity available. North Island is not available. Ewes, a very brisk demand. Average price 6Sd„ but sometimes as high as 7d. Lamb.—The market is iirm, and prices continue to advance. Canterbury two's nnd four's, 72d.; second-grade, 7tid. Other than Canterbury not quoted. Beef.—New Zealand cow beef: Hinds, Bid.; fores, 5Jd.; chilled hinds, 9Jd.; fores, 6 3-Bd. Butter.—The 'market is firm, with an increasing demand. Prices for salted have recovered 4s. to 65.: and owing to French export prohibition the market has advanced for unsalted 6s. to Bs. during this week. Danish, 1545. to 1665.; New Zealand, 1465. to 1505.; unsalted, 1645. to 1585., up to IEOs.; fair to good quality. 140s. to 1445.; Australian, 140s. up to 1465.; unsalted, 150s. to 1545.; Siberian, quiet, 1246. to 1325.; Argentine, 138s. to 1405.; unsalted, 1465. to 1525. Cheese—The market is firm, and prices continue to advance. Canadian, white and coloured, 965., occasionally 985.; English cTlcGdar, lC4s. to lCfe.; Cheshire, 108s. to 1125.; New Zealand, a good demand: Prices Were Jim at the aloso of the market. White and coloured, 935. to 945., up to 955. On January 3 tho estimated Canadian and United States cheese stocks London, Liverpool, Bristol, 166,C00 boxes, against 171,000 boxes at the same time last year. New Zealand and Australian cheese stocks, london and Bristol, 14,K0 crates, against 16,000 crates at the. same time last year. Hemp.—Manila: Tho market hes advanced again, largely on account of freight difficulty, and prices for New Zealand are firmer in sympathy. Inquiry chiefly for early shipment. Manila, new-graded fair, £50; New Zealand, good fair, £40 10s.; fair, £38 lte. for February to April shipment. Tow: The market is very firm. Business has been done at first grade ££3 10s., sccond grade £22 10s., third grade unobtainable. The output from Manila for the week was 22,000 bales. Wheat—Tho market remains iirm; a good demand continues. Canadian, on spot, per quarter, 645.; January to March shipment, 625. 6d.; Australian,, January to March shipment, steamer, 645. 6d.; sailer, 625. 6d. Oats.—The market is quiet but firm. Argentine, on spot, per quarter, 335.; January to March shipment, 325. 6d. Wool—The market is strong. BREADSTUFFS. By Telegraph—Press Association—Copyright London, January 9. The wheat and Hour afloat for the United Kingdom totals 2,005.000 quarters, for the Continent 2,595,000. Atlantic shipments include 1,034,000 quarters, Pacific 22.C00 quarters. The total for ivurope is 1,495,000 quarters, including from India 2000 quarters, and Argentine 2000 quarters. ARGENTINE WHEAT. Buenos Ayrss, January 9. The official estimate of the wheat crop is 5,012,000 tons.