COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2856, 22 August 1916, Page 8

COMMERCIAL ITEMS

•"'» ■ INVESTMENT BHABES. "'/-Yesterday's quotations for inTcstment ' llitires vera cui und^r:—

LONDON WOOL SALES, •vf-,Messrs. Murray; Roberts' - and Co., Ltd., ~ jftave received, a cablegram from their .Jkocdon friends,' Messrs. Sanderson, Murray j'anA Co., under date August Ifl, as follows: I— "Sixth series of sales, li&t closes Au&ust • Seventh, series 'of sales commences ~;\OctobOT 24/ limit, tf any,; later." 'v F ; HIGH GO'miISSIOXWS -MARKET I ■'■ '■ \ ' REPORT. J The Department of Agriculture,. Indufi- ■ _ .tries and Commerce has received,the fol•'lowing cablegram, dated London, August j 19, from the High Commissioner for New ' , Zealand. (Note: Quotations, unless othcr- : iiriso specified, <lto average market prices ■' {on spot):— . i Meat.—Owing to continued small sup- . [plies of 'Now Zealand mutton and lamb „ >Argentine' mutton prices aro higher. HomeIkilled, mutton and English lamb ' aro in 'jlgood supply. Lower prices are being . • (quoted for Argentine beef owing to in- • crease .in;;supply '(mutilated" word here). Secondaiy.quality New Zealand beef is in fppor. 'demand '.at lower .prices. New Z-ea- • 'land,. mutton, BJd. per lb.; ewe mutton, nSja.; ';Argentine mutton, 9id.; New Zealand • lamb, <9£d.; Argentine 1 lamb, lid.; • [New Zealand bull beef hinds 4§d„ fores 4}d.;" ; Argentine chilled beef, hinds 9id., fores 6}d. Butter—The market continues firm. Danish salted, per cwt.. 1365. to 2005.; Irish . i creamery, salted, 178s. to 1825.'; unsalted, \ 180s. to 1845.; Canadian, salted, 171s. to • 1735.; New Zealand;'salted. 1765. to 180s.; ■good to fine quality, salted, 170s. to 1745.;' (Argentine, unsalted, 1745. to 1765. ) Cheese.—riio market .is firmer. Canar idiau, "whito, 955.•. to 985.";. English cheddar, uoßs. to 1125.:' New Zealand,'white, 97s.'to ■ 1985.; coloured, 95s.'"to 975.; speculative .bnyr • line, white 935. to 955.. coloured 925. to 945. , J Hemp—The market is quiet but steady. . [The demand - iff- principally' speculative., Good fair' New Zealand, per ton, £48 10s.; "'fair. .£46 10s.;.,Government (traded fair . Manila;'£sl 10s.; coarse. £48 10s.; forward - (shipment, good fair, Now Zealand, £47 - 10s.; fair, £45 10s.; Government graded . ifair Manila, £51; coarse, £47 10s. ■iTh'e output of hemp at Manila, for the •week ending last Saturday was 11,CG0 • 'bales. / 1 i t " | Wheat—The market is firm; but erratic, on acc6unt of conflicting reports regarding American, crop. No. 1 Manitoba ' . (Northern, August-September, sold from' j63g. to. 655. 6d. T\ Oats,—The market is quiet, and prices . '" slightly, weaker owing to English' new - ? 'crop offering. Argentine, on spot. 305.; :• .English, old, 355.; new, 325. 6d. .. j Wool.—The market is dull and unsettled ,on account of possibility Government requisitioning colonial wool.

,'.-i* Mr. Primrose M'Connell, so widely ..known in agricultural circles, has fust • -.written for free distribution a booklet, ■ •.entitled "Successful Calf-Rearing." In --jevery-day language this expert deals fn- • iterestingly with his important subject. ••■A request to Messrs. Hodder'and Tolley. • (Ltd., Dept. D.," Palmerston North, will •/bring you a free copy.—Advtl'

FROZEN MEAT MARKET. , Messrs. Gilbort. Anderson, and Co. (Messrs Mdlaop, Ellott, and 00.. Palmerston North, local agents), report on tho frozen meat market under date London, June 23, as follows:— Home-grown.—Market well supplied, and a, lower, tendency, best quality alone maintaining lata rates. Iri6h sides of beef plentiful. Frozen—An unusually short supply of lambs in the trade. This coming at a time . when tho season is at its height has caused great embarrassment to tho retailers. A good: quantity of wether sheep has been released by the Government, however, which, has alleviated the position somewhat. Argentine . lambs and sheep have suffered a slight check, the demand being insufficient to cope with tho increased quantities on offer. Chilled beef has fluctuated during the week, tho market on Monday, being almost bare, but well supplied, towards the end. Market prices for week ending:— • .

fores and- hinds 81-95 7i-83 BJ-10J Customs duty, collected at# the port of Wellington yesterday amounted •to £3103 Is. Id.

■ .- ■- Buyers;. . Boilers. . • £ a. d. £ s.d. - Bank If.Z. (£6- 13s. «.)' ... - , 17 2 « •, .'Well. Trust, Loan. Ltd. - 7 0 0 National Insurance ...... 2 13 0 — Huddaxt-Parksr (ord.) .... 15 .9 ' — ' Huddatt-Parier (pref.) ... 1 : 1 0 ' TJnion Steam (ord.) -216 220 ' Union Steam (prof.) 110 — \ • 'Woll, 'Woollen (ord.) ....' 6 2 0 — .. Wl.y Woollen (pref.) .... JIV 6 - .. TVaipa Coal ■••••• 0 18 6 — ■„ Westport Ooal 19 8 — TVbstport-Stockton 0 6 3 — Leyland-O'Brfen 12 3 — N.Z. Oonson. Denial 119 — t N.Z. Drug ...: 2 7 0 — -■ /Scoullar Co." 3 6 — , Slarland (ord.) 1 6 .3 — fiharland (prcf.) 16 3 —

i June 23. June 18, June 16, 1916. 1915. 1916. d. d. d. d. d. d. . Home-grown-Beef, sides 10i-121 9J-10J 11 -12£ Wether mutton 30.V-13J 85-11 12 -l4 Dive mutton 91-10 63- 8 9.1-10j Tegs 12 -14 91-10 13 -145 Lambs 12-131 10-11 • 13 -15 Pork, best 11 -11} 9 -91 103-111 Veal 12 -14 - 121-14 FrozenMutton: N.Z. wethers 88 71-7 8S N.Z. ewes .: 85 68 81 Australian wctlicro and -owes 85 61-6J 8} S. Amer. wethers 10J-10 7 ' 10HO Lamb: N.Z. & Australian 91 • 83- 81 91 South American 111-11 73 12 Pork 81-83 ' - 1 83 Chilled: S. American ox