COMMERCIAL.

Horowhenua Chronicle, 8 February 1916, Page 2

COMMERCIAL.

Messrs Dalgety and Company, Limited, advise having reeeivedi cablegrams iirom their London Office as lollow:— >\ooil sales: The sales have closed very linn competition was animated and piices a 6 compared with tlie closing oi December sales are lor greasy, scoured mid merinos 10 per cent, dearer except vasty "and greasy ' which are 5 per cent dearer, goodi ia-mbs 10 per cent dearer while short and faulty are •") per cent, .greasy X bred fine 5/7Jper cent., medium X bi'eo. 10 per cent, lambs 10 {per cent, scoured slips fine 7 J per cent dearer. Tlie wool has been disposed of as followsJtf'or Home trade 96,000 bales were puaohmsed, for the Continent 15,000 andi for America L',ooo bales. 5,000 bales have been held over for. the nest series. . 2,500 bales were not offered. Tallow. — London cables under date 2nd insfcaiit state tlie market continues idle ait auction, '212 casks have been offered of which 57 have been soid; prices nominally unchanged. LONDON MAIUvET. London, Feb. 5. The High Commissioner Reports as follows:— ' .Meat.—'there is ii better demand lor „\o\v Zealand mutton anu lamb on account ol the decrease in amount of iiomo killed, but there is no change in prices. Mutton.—Canterbury lid per lb lor light weight; medium 7id; other brands than Canterbury not quoted; ewes 7<i. La.uw. --Canterbury per lb tor ..'i weights; second g|ntde /id; other :.j>i anas Luaii OanLei'tMiiry 7|di per lb for uest quality "ordinary quality 7£d. iieel.—Only New Zealand cow oeel available selling at: Hinds t>id pex' lb; lores, (jjdi; chilled hinds 7 id; fores (jjd. Butter.—The market is quiet but mm. Danish, quiet, per owt, 156s to 1595; New Zoiuaud, spot market is linn owing to short supply, 150s to 1102s; uiisulted 100s to l(38s; Austra-, lian, market iiryi owing to reduced supplies, 144s to 148s; fcJiOerian, there i.j better demand for best quality 124s to 1325; Argentine, steady, 140s to 1445. Cheese.—The market is steady and holders are firm. Canadian, very firm, white and coloured, per cwt 99s to 100s; New Zealand, wiiite and coloured ya„; Uniteo. States, a faix demand, 90s to 98s; hingtish cheddar 106s to 108s; Cheshire li4s to 120s. On x" ebruary Ist tne estimatedi ©attadian and United States stock, London, T/iverpool and Bristol 124,000 Coxes againat 81,000 boxes ait the same' time last year. New Zealand and Austra-; tin stocks 21,000 cruAes~ag&inst 22,700 crates last year. Hemp.—The market is quiet But hriii. New Zealand, good fair pea- ton 0,1 spot £47 10s; tair £45 10s; Manila new 'graded fair £55; -Kebruary to June shipment, New Zealand, good) fair £47; fair £45;* Manila, new graded fair £54. The output trom Manila lor tlie week ended st"h insi. was 22,000 bales. Wheat.—The market is quiet but tii'in. February to Match shipment, Australian, steamer (38s; sailer 665; 'Argentine 08s; Canadian Wis; arrived (jßs. Oats.—The market is steady but demand only moderate. Argentine, on spot His 6d; February to March shipment 32s 6d. Wool.—Wool sales dosed, strong market booming on account of a small supply and manufacturers busy on Government contracts. Only a small quantity of New Zealand new clip has been offered. Future prospects are good.