COMMERCIAL.

Taranaki Daily News, 27 January 1916, Page 2

COMMERCIAL.

BRISBANE WOOL SALES. By Cable.—Press Association—Copyright Brisbane, Jan. 26. At the wool sales competition was keen at 5 to 15 per cent, advance. HIGH COMMISSIONER'S REPORT. Wellington, January 24. The Department of Agriculture, Industries and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, January 22. (Note: Quotations, unless otherwise specified, are average market prices on spot) :—- Meat.—The market is quiet; small business is doing owing to a continued large supply of all descriptions of homekilled selling at poor prices at present. Prices for frozen meat arc firmer owing to a short supply. Mutton.—Canterbury 7%d per lb, for light-weight; medium, 7%d; other brands than Canterbury are not quoted. Ewes, average price, 7d. . Lamb.—Canterbury, 7%d per lb for all weights; second grade, 7%d; other brands than Canterbury, 7%d for best quality; ordinary quality, 7%d. (Beef.—There is no New Zealand beef of any description on the market. Chilled hinds, 7V 3 d; fores, 5%d. Butter.—The market is quiet at the decline. Danish, per cwi, 150s to IGOs. New Zealand: The spot market is bare owing to slow delivery from the docks. There is a good demand for any butter available at 144s to 146s up to 148s; nnsalted. 1.30s to 100s; fine, WOs to 1425; Australian, 140s np to 14fe; Siberian, 124s to 130s; Argentine, 138s to 1425. Cheese.—The market is fivm and prices continue to advance. Canadian, white and colored, 98s: United States, Cheddar shapes, AGs to flSs; English Cheddar, 104s to lOOs; Cheshire, 114s to 118s.

Hemp.—The market is very firm and is greatly affected by reports' of freight shortage. The market i 3 excited, and accurate quotations tannot be given. Quotations arc nominal. Now Zealand, good-fair, per ton on spot, £45; fair, £43; Manila, new graded, fair £55, coarse £49; January to March shipment, good-fair £44,* fair £42. Tow: Second grade, £25. The output from Manila for the week was 10,000 hales. Wheat.—The market is steady and prices are well maintained. There is a good demand for forward delivery. Canadian, on spot, per quarter, GBs; January to March shipment, 07s; Australian, January to March shipment, steamer (15s fid, sailer 04s. Oats.—The market is quitt; small business is doing. Argentine, on spot, 31s Gd; January to March shipment, 34s on account of freight scarcity. Hops.—The market is steady, with an improved demand. Wool. —Strong market.