COMMERCIAL.

Sun (Christchurch), Volume I, Issue 92, 25 May 1914, Page 8

COMMERCIAL.

LONDON MARKERS. THE MEAT MARKET. By Cable.. —Press Association.; —Copyright. ' LONDON, May 23. The Frozen Meat. Trade Association's Smithfield market: quotations for the undermentioned classes of frozen meat are based on actual sales of not fewer than iOO carcases of mutton or lamb, or 25 carcases of beef, of fair average quality. These quotation.3 are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market:- —

WHEAT AND FLOUR. (Received May'2s, 8.25 a.m.) LONDON, May 24. N Wheat is steady, Australian is quiet, sellers holding for previous prices. The wheat and flour afloat for the United Kingdom is estimated at 3,075,000 quarters, and for the Continent 2,650,000. Atlantic shipments total 590,000 quarters, and Pacific 11,000. The total to Europe for the week was 1,750,000, from Australasia 29,000. ' MISCELLANEOUS. Antimony, 2/7 J. - Cotton, May-June shipment, 7.2QM. Hemp.—The market is steady; high point, fair, May-July shipment, £24 15/-. Rubber, Para 2/9*,- plantation 2/3 A, smoked 2/3s. ' . . Copra.—There 'is "a. stekdy demand. South Sea bags, £25 to £25 2/6. : v . HIGH Press Association. % WELLINGTON, May 25. J The following is the High pomami£| sioner 's market repoifc, datedriiondoiii; 23rd; ; -Note: Quotati ana/unless/ otherf /wise specified are average market prices on spot. Mutton—Trade is fair but the prospects are rather ,less encouraging on .account of heavy stocks on hand, holder's becoming more anxious to realise. There is a dull sale for heavy carcases of mutton.'/ Canterbury 4§d per lb for lightweights, Vi North Island 4ld.

Lamb—The market is firm with an improved demand for Canterbury. Twos, 6 5-16 d heavyweights, fours 6 l-lSdj, other than Canterbury 6&d. Beef —The weathef? has .beeil unfavourable to. the and. there is less demand Hinds 4M per lb, fores feliilled hinds s}d, fores 3sd. Butter —The market is steady, and prices are well maintained. Danish is quiet at 113/- to 115/- per cwt; New Zealand is firm at 106/- to 108/-, unsalted 114/- to 116/-. Australian is quiet at IQO/- to 104/-. Argentine is quiet at 100/- to 102/-.- Siberian is steady at 98/- to 102/-. Irish creamery is slow at 107/to 110/-. . : • Cheese—The market is quiet. Canadian per ewt 68/- to* 70/-. New Zealand is in steady demand. White 59[/- to 60/-, coloured 62/6 to 63/6;' Australian "white 57A to 58/-, coloured ,59/- to ,61/ : . Hemp—The market is quiet with a general feeling of uneasiness. :on account of heavy receipts from Manila. New Zealand, good fair, ;per ton; £26 10/ ; . fair £23 10/-, June to August shipments, good fair £27, fair £24. Manila—Fair current, per ton, £26 10/-, June to August shipments £27. The output from Manila for the week was 20,000 bales.

CUST SALE. There was an entry of about 2000 sheep at the Cust sale to-day, 1800 of which were fat. Bidding was dull, and the average price per lb was about 6-|d. FAT LAMBS. Sales ■ effected were: Account Reginald Blundeii, 59 19/9, 56 19/2; John Chambers, 84 18/-; George Crysell, 20 17/6; Ernest Woodfield, 44 17/3; Geo. Wayland, 37 18/2; J. Garprey, 183 17/3; C. M'liftosh, 116 19/2; J. H. Benges, 85 17/6; C. M'lntosh, 138 18/1; W. G. Rudd„ 21 17/16; David; Bradley, 12 16/6; client, 43 17/-; W. J. Thompson 90 ! 21/6; client, 8 18/9; client, 8 18/1; John Chambers, 16 16/10; Jas. Bradley, 3 18/2; J. Smith,; 11 l; 7/8; T. Lachland, 102 17/10; T. Carrie, 18 18/3; F. Barron, 48 16/8; D. Anderson, 24 18/1; H. Pallot, 18 16/6; H. Boyd, 16 19/6. , > FAT SHEEP. :: ■ Sales effected were: Account D, Anderson, 14 wethers 20/-; T. Dennis, 10 15/-; Gaitrey, 67 14/6; Geo. Gould, 12/10; W. J. Thompswi,. 107 16/6; client, 8 15/4;. client, 12 John Blunden, 22 19/3; John Smith* .15 (unfinished), 7/8; John Bradley, 23 15/1; H.- Boyd, 21 15/7; D. Andean,, 5 16/-. STORE SHEE#Ij Sales effected were: Accounts-Owen Sale, 46 lambs 12/6; J. CatherWpoii,; 15 merino ewes 7/7.

May 16. May 23. Mutton— \ Canterbury, light d. 41 d. 41 Canterbury, medium . . 4J 4 13-16 Canterburyj heavy ., 3 13-16 313-16 Southland .. — — North Island,- best brands 4 4 North Island, ordinary . , 32 New Zealand, ewes 3 5-16 3 5-16 •Australian, heavy — 31 Australian, medium .. 3 7-16 3 7-16 Australian, light .. .. 3 9-16 3 9-16 Australian, ewes .. .. 31 3 J River Plate, light 3 9-16 3 9-16 River Plate, heavy .. ,. 38 31 River Plate, ewes .. — ■ — Lamb— 6 5-16 Canterbury, light .. .. 61 6k Canterbury, medium .. 6 3-16 Canterbury, heavy .. ... 5i to 6 6 1-16 North Island, selected .. 6 65 North Island, ordinary .. 51 5 15-16 Southland, selected 5S 6 Australian, best quality .. 5i 5i ' Australian, fair quality . . 5J 5» Australian, inferior 51 5i River: Plate, first quality 5 7-16 5§ .River Plate, second quality — 5J Beef (nominal) — 3 7-16 '31 New Zealand, fores .. New. Zealand, hinds 41 u Australian, fores .. ..' 32 m Australian, hinds . . 4£ 4| River Plate, chilled fores 3§ 31 River Plate, chilled hinds 5* 5S River Plate, frozen fores. . 3 i 31 River Plate, frozen hinds 4| 43