COMMERCIAL.

Taranaki Daily News, 12 September 1916, Page 2

COMMERCIAL.

«. | SOME MARKETS. CHEESE TRADE AT A STANDSTILL. j Australian-N.Z. Cable Association. London, September 'B. Wool.—There is brisk sale for all sorts of combing merinos, but burry and faulty are irregular. Orossbreds are very firm. The following prices were realised for the fleece portions of the New Zealand clips named:—Morven Hills, top lSd l , average 17% d; "E.W.," 17d and 10% d. Cheese. —An announcement ihas been posted in the Produce Exchange that the Government is considering the high price of cheese, and is seeking a remedy. The Government may fix a maximum price, or control the whole available supply, or requisition sufficient for Army demands. The announcement has brought the trade to a standstill. Wheat.—Firm, with little business doing. Chicago December options liofi% cents, May 157% cents. Hemp.—Quiet, and unchanged. Copra.—September-October, £2B 10s: ■Rubber.—Para 3s 4d. plantation 2s 4%d, smoked 2s 2%d. Rabbits are steady, though supplies are plentiful. Prices are well maintained. ■Frozen meat.—New Zealand mutton 9d, Australian B%d, , South American New Zealand 'and Australian lamb lOd, South American liy 2 d. Hides.—Firm, with improved demand, as permits to export light sorts are being rather more freely granted. Australian 10% d to 11% d.' Leather.—Very firm. All qualities are in strong demand. Best Australian, 20d to 22d. Basils are in small supply. First Australians 20d to 22d. London, Sept. 10. Wheat'is held for sixpence advance owing to the bullish American crop estimates. The wheat and flour afloat is '2,185,000 quarters, for the Continent, 3,035,000 quarters, Atlantic shipments 742,000 quarters, Pacific nil. The total to Europe is 1,410,000 quarters, including Russia 45,000 quarters, India 180,000 quarters. Argentine 117,000 quarters, Australasia 145,000 quarters. Wool.—All good sorts are firm, hut short and burry are neglected. There have been frequent withdrawals. To 1 date 34,280 bales have been catalogued [and 29,147 sold. The following prices have been realised for the fleece portions of the clips named:—Ohau, top, |lBJd, average 17% d; Rhoborough, 23j|d and 21£ d. ' " ' ,

LONDON PRODUCE MARKET. By Telegraph—Press Association. Wellington, Sept. 11. Lonsdale and Co., dairy produce merchants (Mr. S. Turner, New Zea:uid representative), cable as follows: Butter.—Steady, 185s to 188s. Cheese.—Very firm at from 104s to 105s. '• j The Government -is considering the question of high prices, and seeking a remedy BHEEPSKIXS The New Zealand Loan and Mercantile Agency Co, Ltd., have received the following cablegram from their London house under date, 7th hist:— Sheepskins unchanged. LOAN & MERCANTILE CO.'S REPORT. The New Zealand Loan and Mercantile. Agency Co., Ltd., Hawera, report as fol lows:— Eltham.—Fat heifers brought "£lO Ss, forward cows (small) £8 12s to £8 las, fresh-conditioned cows £7 17s 6d to £S Ss, store cows £0 fe to £7 7s Od, boners £2 15s to £4 13s, store heifers £5 lfe, bulls £5 15s to £9 10s, 15-month to 2-year empty heifers (inferior) £4 to £i 7s, yearling bulls £5 Os Od, yearling heifers (goodj £3 18s to £4 14s, ditto (medium) £3 9s to £3 12s. Pigs: Porkers £1 10s Od, stores £1 12s (Id to £1 15s, slips 19s tc £1 Os, wcaner-3 12s. Li tlic dairy yards over 100 head of dairy .stock wore yarded, the bulk of which sold at the following rates: Dairy sows £!) 5s to £l2 10s, best springing heifers £ll to £l3 10s, medium ditto £8 5s to £lO 10s, backward and small ditto £0 10s to £7 15s.'

Hawera.—Dairy cows brought' from C!) 10s to £l3, 3-year springing 'heifers £!) os to £ll sb, 2-year ditto £0 10a to £0 17s (id, forward cows £0 14s to £lO "&, fresh-conditioned cows £8 Is to £8 17s, store cows £0 Osto £7 12a, store heifers £5 Ss to £6, 2-year empty heifers £5 sis to £5 14s, yearling steers £4 10s Od to £5 Is, yearling heifers £3 0s to £4 as, mixed store hoggets 20s to 225, aged ewes and lambs 17s to 24s Sd, store, 'pigs 2Ss (id to 31s, slips 19s to 21s, weane.j pigs 13s Cd to 18s