COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3020, 6 March 1917, Page 8

COMMERCIAL ITEMS

Customs duty collected at tho port of Wellington yesterday amounted to £1990 vs. 4d. HIGH COMMISSIONER'S MARKET HEPOET. Tho Department of Agriculture, Industries, and Commerce has received tlie following cablegram, dated London, March 3, rrom the High Commissioner for New Zealand. (Note: Quotations, unless otherwise specified, are average market prices on sßat):— Meat—All descriptions of meat continue m poor demand ou account of decreased consumption. New Zealand, frozen meat, , prices -are- unchanged. (Mutilated word Here.). Argentine lamb, prices are higher owing to continued small supplies of New Zealand mutton and lamb. New Zealand mutton (mutilated word here), per lb., Bid.; ewe mutton, Sid-; Argentine mutton, heay7--,veight,'lo3d.; lightweight, lid.; New Zealand and Australian lamb, led.; Argentine lamb, hoavy-weight, 12Jd.; lightweight, 12Jd.; Now Zealand' beef. no supplies available. Argentine beef, no arrivals this week. Butter.—The market continues firm. No quotations, with the exception of French, per cwt,, 2125. to 2195.; Irish factory, 1945. toi 2025.; Australian 2145. to 21?5., exceptionally 2205.; unsalted, 2145. to 218b.; New Zealand, salted and unsalted, 2S4s. fo 2285. • good to fine quality, 218s. to 222k' Cheese.—Market practically cleared. No quotations, with tho exception of Canar dian, whito and coloured, stocks aro light, 1725. to 1765. per cwt. Estimated Canadian and States cheese stock, London, Liver, pool, and Bristol, 49,500 boxes, against 56,800 at same time last year. Estimated, New Zealand and Australian cheese stocks, London and Bristol, is nil, against 21,000 crates at same time last year. Hemp.—Market quiet, but firm. It is reported that New Zealand shipments are going direct to America. Nothing offering here. Manila: Market stronger. Quotations are nominal. Pair, per ton, £94coarse, £77; good-fair, N.Z.. £66 JOs.j fairj £64 10s.; March-May shipment, good-fair N.Z., £66; fair, £64; fair Manila, £90; coarse, £73 10s. The output of hr.mp at Manila for tlie week ended last Saturday was 19,000 bales.

Wheat.—Tho market is firm with. acre inquiry. Australian, 823.: Canadian, Ste. 6d.; Argentine. 795. (to arrive). I Oats.—Market firm, owing to reduced supplies. New Zealand, 51s. LONDON , WOOL SALES: ' Utcc. March 5, 10.15 p.m.) London, March 5. At the wool sales a very poor offering came forward in all classes. There was animated competition, especially in crossbreds, which were substantially above the rates for last week. .Merinos wcro firm, and prices unchanged. At a meeting of the Bradford trade it was decided to ask Mr. H. W. Forster (Financial Secretary to the War Offioe), and Lord Stanley to receive a deputation to protest against tho Government's con-trol—Aus.-N.Z. Cablo Assn. Messrs. Murray, Kobcrls, anfl Co., Ltd., have recoived tho following cablegram from their London friends, Messrs. fia.uderson, Murray, and Co., dated Marc'o ":— "Sales closed strong. Merino advanced 5 per cent,; crossbred advanced 7i per cent. Next sales open March 20; limit, 75.CC0 bales. ■Sheepskins advanced IW. to 2d." IO.NDOJi MARKETS. London, March 4.' Rubber.—Para, 3s. 3d.; plantation and smoked, 3s. 3Jd. Copra.—January-March shipments, £« 10s. Rabbits.—The market is flat. The demand is restricted, and supplies small. Prices aro maintained. New South Wales blues, ox storo, aro quoted at about 365. Australian and New, Zealand mutton, 9!d.; lamb, IOJd.; South American mutton, 10jd.; lamb, UJd.-'Aus.-N.Z. Cablo Assn. SANK OF AUSTRALASIA. London, March 3. The _ Bank of Australasia has declared a dividend of 14 per cent, per annum and a bonus of 12s. per share. £30,000 was carried to the reserve and £122,664 carried forward—Aus.-N.Z. Cablo Assn.