COMMERCIAL ITEMS

Dominion, Volume 10, Issue 2910, 24 October 1916, Page 8

COMMERCIAL ITEMS

• ■ THE WHISKY MARKET. Tho following is ah extract, from a letter, dated August 26, received in Wellington from the head office ■of Messrs. John Hobertson and tions, Ltd., 'Dundee:—"As regards the position of tho Scotch -whisky market there is nothing fresh to reportsince wo wrote you last on: the subject. Stocks still continue to he .substantially reduced, and at the present time tho Government ore taking very largo quantities of new spirits for munition purposes. Prices consequently are remaining very firm, and you may be surprised to learn that although blenders' price for whiskies three.years old.and over is in the region, of 13s. 6d. and He. per gallon, brokers who hold largo stocks of single g>ain and malt whiskies for blending purposes arc being paid at higher prices by the blenders. At the moment it is impossible to -buy three-year-old grain whisky for blending purposes.at anything less than about 15s. 6d: to 16s. per gallon. Even et this price holders of stocks are very unwilling to sell. So far as we can judge, we will not.be surprised, if the end of the year should see tho price of Mended whisky standing at about £1 per gallon." SYDNEY WOOL SALES. By Telegraph-Press Association-Copyright (Bee. October 23, 11.30-p.m). Sydney, October 25. Tho wool sales opened, in a, strong market for all descriptions..,-Greasy merinos went up to Mid.; crossbfeds, '213 d.