COMMERCIAL NEWS.

Hokitika Guardian, 15 July 1920, Page 3

COMMERCIAL NEWS.

HIGH COMMISSIONER’S ( A.SLY.. WELLINGTON, July . The Department of AgricuU mo Pas received the following cableg vm, d;;t< d the 7th inst., from the llign ( .no nipsioner:— Wool—The fourteenth seems of Government wool sales comm >uced !.mt nighl with a good nttemla ice of ’Olivers, hut competition was again iicsititing except for best merinos and l*;v - ■ breds in the grease. As coni >i cd with dosing rates of last series, price* of merinos were par to 5 per emit. ]o,ver. Crossbreds, line and medium, were unchanged, and coarse nogloc' hl. Ninel v thousand bales of shown wools are mailable for the series, of which 17.5(9 are New Zealand, also 15,000 dcs\"ption, all New! Zealand. Under date the 10th inst. tile limb Commissioner says:—

Meat—Upon the removal of coni col early this week, prices of English beef and mutton increased to Is :t::d 2s per lb. respectively, but, owi ig io 'liepoor demand, prices are not much l* w r —beef Is 3d per lb and miitboi :.nd lamb Is .TRI. There is re change ;n the price of imported me it Blitter—The average price of I i g'Dli butter is £l6 16s per cwt. Ld-h uin active demand, with short supplies, particularly' of best quality. .'■'o p.’e.s have been delayed on account of t ansport difficulties. Creamery is cioted at £ls to £1.5 15s per cwt. The PaniJi production contin ies large n .nuUdcrnble quantity going to Anivni Cheese —The rbmand to- English is limited, with no change m pri v. Ut nndinn is in good demand. Quotations r.i.f, are £7 12s fid to C" Us p. •• ewi.

Hemp—The .Manilla in a Let is ouiit. but firmer. Sales im-bi lo .1 g’lde April-.Tiine sliinin nit £59 19-' pci tin, Amrust-.October .Jnpmeno C ,: 3 Bis. Present quotations are 10s higher. Inc New Zealand market is verv quiet. Quotations, which are slightly lower, are:—Snot high point £55 (sellers), fair £54. May and Julv sliipn-mt C-*4 and £53 respectively. Honey—The ••i.i r k' , t is i nn-t ??■ mnal quotations re 85s t>. <: ss, arr'e J'pg to quality.