COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2831, 24 July 1916, Page 8

COMMERCIAL ITEMS

Customs duty collected at the port of Wellington on. Saturday amountbi to £1662 14s. 9d. LONDON* SHEEPSKIN SALES. Tho New Zealand Loan and Mercantile Agency Company. Limited, have received the following, cablegram from their London house, under date July .20:—"SheepHkins; Merino fino crossbred and lambs, id. to id. dearer." FROZEN MEAT MARKET. Messrs. ' Gilbert. Anderson, and Co. {Messrs .Mellsop, Elioit, and Co., Palmerston North, local agents), report on th© frozen meat market under date London, May 27, as follows Meat Market.—Home-grown has been in moderate supply, and demand variable, according to weather conditions. Live 6tock prices can .be described as easier throughout the country. Ireland shipped this week 40,000 head of cattle and sheep, against 21,CC0 in the corresponding week last year, the chief inc.case being in 7316 lambs. Frozen.—Supplies have been totally inadequate, and the retailer ha 3 to be content with about 30 per cent, of his requirements. Government-controlled lambs have not been raised further, but -as much as 12£ d. is being, mado of Plate lambs, and correspondingly high prices for sheep from those who are forced.to buy them through the general shortage. Retail establishments in large numbers have been closed down, owing to the losses made at present high rates. Market prices for week ended May 26, May 21, May 19, 1916. 1915. 1916. d. d. d. d. d. d. Home-grown-Beef," sides 10&-11J 9i-10>} 10J-1U i Mutton: 1 Wethers 11J-14 • 9MI-J ' 12 -13 i Ewes 92-10$ 75- 8 10M1J Tees 12J-14J lOi-12 12M4* •Lamb 13 -15* lli-12i 14 -15$ Veal, best 11 -14 .12 -16 Pork, --best 105-11 .9-9* 11 -11J Frozen— Mutton: N.Z. wethers ... 8.5 62-6J 83 N.Z. ewes 8} 513-16 8* Aus. wethers ... 8J . .51 8J Australian ewes 8J 511-16 81 •' S. A'mer. wethers 10-92 & 10-9} .Lamb: N.Z. & Australian 9J 8-7* 9£ South American 12 72 111 Veal, N.Z., 8 - ~ Pork, U.S.A 85 — — Chilled: • Plati*. or fores and hinds .... 82*10? 7|-9J 10J

/ , LONDON WOOL SALES. Australian-New Zealand Cablß Association. (Bee. July 23, 5.5 p.m.) London, July 22. At the wool sales there was better competition, and all crossbred prices were harder. There was a poor selection of merinos, the prices of which were unchanged. The following were the prices realised for the fleece portion of the'Kow Zealand clips named:—Clayton, top price, 22id.; average, 21M.; Longburu, ton 25Jd„ average 22f;d. "The total catalogued to date is 74,581 bales, of which 65,175 bales have been sold. LONDON MARKETS? {Eec. July 23, 5.5 p.m.) London, July 22. Cotton, July-August shipment, 7.82.\d, per lb. Jute is quiet. August shipment, <G29 per ton. Copra and hemn are unchanged. Rubber.—Hard fine Para, 2s. per lb.; plantation, 2s. 2-] d.; smoked sheets, 2s. 21d. . , Mutton.—South American, 9Jd. per lb. i/amb.—South American, IOJd. per lb. Other meats ore unchanged. Babbits are quiet. New South Wales blues, ex store, 245. - . WHEAT ITARKET. ' (Rec. July 23, 5.5 p.m.) London, July 22. Wheat is firm. Chicago, July options, 114Ae.; September, 115Jc.; December, 1181 c: The wheat 'and flour Afloat for the United Kingdom is 2,090,000 quarters, for the Continent 4,580,000 quarters. Atlantic shipments, 758,000 quarters; Pacific, 1 nil. Total for Europe, 1,445,000 quarters. Russia, 20,000 quarters; India,' 32,000; Argentine, 147,000; and Australasia, 136,C00 quarters. Broomhall estimates the exportable surpluses of wheat of the United States, Canada, Australia, Argentine, India, -and North Africa- for the year ending July, 1917, at 81,000,000 quarters, anK the probable requirements, not indudfttg those of Germany, Austria-Hungary, Turkey, and Serbia at 74,000,000 quarters, but should the war terminate early the four coun« tries named -would require probably 58.00d.000 quarters, ahd Holland and Pelplum 2.C00.0C0 quarters. PRICES REFIXED. (Rec. July 23, 5.5 p.m.) Melbourne, July £3. The Commodities Commission ha 3 refixed the price of flour at £10 17s. 6d., bran at £4 10s., and pollard £5 10s.