COMMERCIAL.

Hawera Star, Volume XLVIII, 15 July 1924, Page 6

COMMERCIAL.

FREIGHT RATES. at cable —peebs association— copybighi LONDON, July 13. Cargoes firmed threepence in eonsequenee of smaller world shipments. Ear eels are in steady demand, and have advanced threepence. Ex Zealanclie and Demosthenes 50s 6d. —Aus.N.Z. Cable Assn. LONDON WOOL SALES. Messrs Dalgety and Company, Ltd., report having leceived the following cablegram, from their London house under date of the 11th inst, : “Wool sales closeu active; competition brisk. As compared with. Last sales closing rates, greasy merino combing good unchanged, other descriptions Id to llcl Tower. Scoured merino super, unchanged ; • other descriptions Id to 2d lower. Greasy half bred Id to lid lower; greasy crossbred fine medium and coarse crossbred Id to L*d lower; stylish halfbred and scoured crossbred, suitable for Scotland 2d to 2Ad higher; scoured crossbred, other descriptions, par to Id lower; slipe, lid to 2d lower. Lambs’ wool,

good demand, any change of prices in favour of sellers. 95,360 bales offered, including 15,934 South American, 36,000 New Zealand. The Home trade bought 33,500,. Continent 28,000, leaving 63,000 carried forward, of which 37,500 were not offered. The following is the range of prices:—Merino, good to super 32d, low to medium 251 d to 29d; ha if bred, 56/58, good to super 301 d, low to medium 24-Ad to 28d; halfbred, 50/56, good to super 271 d, low to medium 23d to 251 d; fine crossbred, 48/50,

good to super 22*1 t0,24d, low to medium 19*1 to 21d ; fine crossbred, 46/48, good to suoer 21d to 22*1, low to medium 18!cf to 20d; crossbred, 44/46, good to “super 19d to 20*1, low to medium 17d to 18*1; crossbred, 40/44, good to super ISd to 19*1, low to medium 16d to 17-id ; coarse crossbred, 36/40, good to super 17*1 to 1.8-Ad ; medium to good I4:[d 1° 16Id. The New Zealand Loan and Mercan- | tile Agency Co., Ltd., have received the following cablegram from their London house under date 11th inst.:

July Wool Sales—The sales closed firmly to-day. Competition, more active. As compai’ed with last sales’ closing rates, prices are low’er about par to 5 per cent, for medium greasy merino, inferior greasy merino and scoured super merino. Prices are lower, about 5 to 71 per cent, for crossbred lambs, medium greasy crossbred, coarse greasy crossbred, scoured medium merino and scoured inferior merino. Prices are lower about 71 to 10 per cent, for coarse crossbred slipe and medium crossbred slipe. Prices are lower about 5 per cent, for fine crossbred and per cent, lower for medium scoured crossbred arid coarse scoured crossbred. Prices are ■ higher about par to 5, per cent, for greasy super merino. Tire prices realised for average to. super grades of descriptions as below were as follows :

Merino super, 34s to 36c1; merino average, 24d to 31d; crossbred, 56/58 26d to 32d, 50/56 22d to. 27d, 48/50 19d to 24d, 46/48 17d to 2Hd, 44/46 16*1 to 19*d, 40/44 16d to 17*d, 36/40 15d to 17d. LONDON REPORTS. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house under date 11th inst. :—. N.Z. Frozen Meat.—Lamb, 10|d per lb (average); good demand. Mutton, quotations unchanged; market slow. N.Z. Dairy Produce.—'Butter, choicest salted 186 s to 190 s per cwt; quiet but steady. Cheese, 90s to 94s per cwt; good demand for white. Messrs. A. H. Turnbull and Co. have received a cable from their principals, Messrs. W. Weddel and Co., Ltd., dated London 11th, reading as follows (last- week’s quotations in parentheses): Danish butter,. 202 s to 206 s (200 s to 2045); N.Z. unsalted, 204 s (200 s to 2045), salted, 186 s to 190 s (188 s to 192 s); market quiet but steady. Cheese,.-white- 92s to 94s (93s to 945), coloured 90s to 92s (92s to 945); whitegood demand, coloured slow.

SMITHFIELD AIARKETS. *r 1 ■ - The New Zealand Aleat Producers' Board has received the following cable from its London office, dated 11th July, 1924, advising Smithfiold delivered prices at that date as follows: —N.Z. wethers and maidens: Canterbury quality, selected brands, 56 and under 7Ad per lb, 57/64 7d per lb, 65/72 6Ad per lb; other brands, 56 and under 7d per }k**s7/64. per lb, 65/72 6ld per ,Ib. N.Z. ewes, 64 and under s*l per lb. N.Z. lamb: Canterbury quality, 36 and under 11*1 per lb, 37/42 10*1 per lb, 43/o0 10£d per lb, 43/50 10*1 per lb, •seconds 10*1 per lb; selected, 36 and under llfd per lb, 37/42 llfd per lb; other brands, first quality, 42 and under 10|d per lb, seconds 10*1 per lb. N Z beef not quoted. Argentine chilied beef: Ox, fores 2*l per ]b, hinds 4*l per lb. Argentine frozen beef: ox fores 2*l per lb, hinds 4Jd per lb.’ H i ozen poi*K not Frozen 4*l per lb. Lamb market firm. Consumptive demand exceptionally stronoespecial ly for lightweight lamb.

hide and sheepskin sale. Messrs Murray, Roberts and Co., Wellington, report: We offered on Friday 4000 sheepskins and 350 hides, the attendance of buyers being as usual. Dry skins sold about par to a halfpenny lower. Salted skins were from 6d to Is per skin below last sale’s values. Hides mot a disappointing market, and prices on the. whole were below those obtainable at last sale, excepting Jor kip, which were Id ner lb better. The range of prices is as follows : Sheepskins.—Ha If bred 14 pi to P7d, fine crossbred Md to |s;g(, medium-to coarse crossbred 1 l.pl to 14.p1, short to hall w.ads Kip! to 13.p1, lambs 12PI to Ibijd, dead and damaged crossbred ./.pi to 12 : ;d, inferior and badly damaged GKI to <>3d, pelts 4-. pl to 12pi, damp salted and green 4s 3d to 14s fid. pelts (salted) 2s. lambs (salted) 3s (Id to 6d. Hides.—Ox. heavy ftd to R.PI, honvv 7pl to P.d, medium 4;Jd to dpi. light l.pl to 4.pi, cut, slippy and inferior Id to 7p.1, cow, heavy 4.U1 to (i.pl, medium -lid to 4*d, fc 4id to 4'd 3 out, slippy and inferoi' 2d to 4gd, bull stag 3id to 3Kh yearlings od to Gpl, yenrlTngs 4id to G.pl, calf, medium to good sld to ll ; : ,kl, damaged 3id to fl'd Tallow.—ln casks 29s 3d to 32s fid in tins IGs to 21s Gd. Sundries. —Horse hair 15p1.