COMMERCIAL.

Press, Volume LI, Issue 15334, 19 July 1915, Page 10

COMMERCIAL.

» FROZEN MEAT MARKET. (By Cable—Prces Association.—Copyright.) LONDOX, July 17. The Frozen Meat Trade Aesociation's Sraithfield Market quotations foi tho undermentioned classes of frozen meat aro based on actual sales of no! fewer than 100 carcases of mutton oi lamb, or 25 carcases of beef a of fail average quality. Those quotations are not for selected lines, but for parceb fairly representative of the bulk of th< shipments now on the market: — July 3. July 17 . Mutton— <*• <*• Canterbury, light « 7i j>i Caaterbmy, medium .. "i Jt Canterbury, heavy ..7 7 Southland .. •• — — Xortb lelwid, ordinary .. 7fc 7| North Island, best brande- 74 . 7i New Zealand, ew«e .. ci GJ Australian, heavy — 6J CJ Auetralian, medium .- — — Australian, light .. 6 J-1C 6 7-16 Australian, ewes — 6 7-16 6 7-16 River Plate, light ..• 7 7 River Plate, lieary « 01 6J Eiver Plate, owes — — — LambCanterbury, light .. SI 3» Canterbury, light, second quality .. .. 8J- 8J Canterbury, medium -- S3 8g Canterbury, heavy ». Si 8i North Island, eelected ..83 8| North .leland, ordinary .. 8 5-16 8 5-16 Southland, selected — — — Australian, beet brande .. 8J 84 Australian, fair quality _ S 8_ Australian, inferior .. S 7£ Rivor Plate, first quality S 8 . River Plate, second quality 7J 7J Beef— Xew Zealand, — GJ 6J X«w Zealand, binds ..6* CJ Australian, force .. 6J 6i I Australian, hind* .. 6J GJ ! River Plate, frozen fores — — ! River Plate, frozen hinds — — J River Plate, chilled force 7J 7J ! River Plaie, chilled hinds <) SJ ' ! '"Uruguay, frozen fores .. — — j Uruguay, fror.en hiiid3 .. — — I Uruguay, chilled fores .. — — J Uruguay, chilled hinds .. — — •WHEAT AND FLOUR. (Keeo'ived Ju]v ISth, 5.0 p.m.) LONDON, July 17. I Wheat is quiet and iirmly held. ! Chicaico .July options, 115s to 117s; S:>pteinl)cr shipments. 107g to 110. Wheat and flour afloat, 2,315,000 (iiiarters; Continent 1.365.000. Atlantic shipments 268.000; Pacific 13,000; total for Europe 095,000, India 303,000, Argentine 41,000. i v WOOL SALES. ! There better competition in crossIjreds. and prices aro harder. Merinos are , firm at recent rates. Catalogued : 131.00 l bales, sold 119,252. The following prices were realised for ilie fleece portions of the Nev Zealand clips named : —Otcmata. top price l<si'i, average orice 14Jd; Galatea, 17jd and 13Sd. LONDON, July 16. At the «00l sales some shabbies were withdrawn. Good, stylish merinos are <ellinji-tvell. There is more competition for crossbreds, with a top price of 17Jd aiul f- n * average of l<33d. File soiling- brokers purpose to suspend the sales from July 24th, and recommence on August sth, thus giving the opportunity or' offering -wools which Jiave arrived, but are not yet available. The buyers protest against tho adjournment, and the question will bo decided in a few. days' time. rR-oceived July 18th 3 5.5 p.m.) LONDON. July 17. ; RABBITS. The market is firm. New South Wales blues iMs per dozen. LONDON .MAitKETS. Hemp.—The market is dull. JulyAugust shipment £30 10s. Copra.-—The demand for the July- ; August, shipment is quiet at £22 los. ' Rubber —Para 2s plautation 2s ;6'Jd. smoked 2s β-ikl. Cotton.—July-August-shipment 5.0-sd. OuicksilTor.—£;i7o. Silver.—22 9-16 d. LONDON. July 16. The jute crop August shipment is quoted 'at £26 10s. Silver.—22Jd. Copi>or.—On sr>ot £7.3 "s 6<l to £75 12- O-d, three months ~~0 17s 6d to £77 i>-' y<l. Kleetrolytic—£ol to £02. ;,■ Tin.—On spot £160 10? to £170. three months £163 os to £163 log. 1 .end.—£2-1 liis 6d to £2">. Speltor.— £lo2 to £90. Danish Butter.~l-38 S to 160s. QTJEENSLANT> SWIAR CROP. BRISBANE, July 17. Owing to the continued drought, it is feared that tho sugar crop will be considerably less than was at first estimated. BUTTER AND MILK. SYDNEY, July 17. The pric<> of butter has increased a penny per lb all round. Milk has also been increased by twopence per gallon. SATURDAY'S POULTRY MARKET. Messrs J. B. Morrett and Co. ! had a very large entry, 2600 birds being entered. Several producers continue, to sell out owing to the scarcity of feed. Another shipment of Java maize has arrived, and should ease tho position. Prices were good for prime. Qualities. Tablo chickens. 4s 6d to 8s

lOd, hrns 2s to 4s Bd, ducks 6s to Bs, geese 8s to 9s. pullets 3s to 11s Gd, turkeys 8s to 365, all per pair. Messrs A. B. Sands and Co. had a good entry in their yards, but prime quality birds were not penned as freoly as of 'late, farmers no doubt keeping them back for "National Week" markets. Following were the prices reai- ' ised: —Primo table chickens -Is 6d to i 8s Id, hens 2s 4d to 4s 2d, pullets 2s i to 6s 9d, ducks us Id to "s 4d, geese ■ '<s 9d to Bs, turkeys (zobble.rs) 12e 6<l to ■ 245, turkeys (hens) 9s to 12s Gd, all per »; pair. EGG MARKET. The egg market continues firm, prices being slightly in advance of last year Canterbury Egg Circle first grades 1 6d to Is 7d. seconds Is sd. stores Is 4d to Is 5d per dozen. TATTERSALL'S HORSE BAZAAR. Messrs H. Matson and Co. had an entry of 49 horses on Saturday. The demand for good draughts was keen, and prices were well up to late markets. Very few horses wore unsold at tho conclusion of tho sale. Among the principal sales were: —Account Mr W . Dnnr.an, Lichfield street, seven-year-old gelding, £40 10s; eight-year-old gelding £40 10a; eix-year-old gelding, £.32: nine-year-old gelding, £26 10s; aged "•elding, £17. Account client, aged harness mare, by Victor. £16. Account Mr W. L. Parkinson, Saltwater Creek, four-yeaT-old mare, by Maori wood. £16; three-year-old mare, by Man-in Wilkes. £18; six-year-old mare. Stronghold. £(>. Account Mr G. Hassell, Eyreton, 4-year-old half-draught mare, £16; five-year-old harness marc. £11 10s. Account client, eight-year-old gelding, £23. Account Mr Thos. Lester, New Brighton, eight-year-old gelding, £I' 4. We also sold, ou account of Mr Drinnan, a quantity of drays, lorries, and harne-s at highly satisfactory prices. ASHBL'UTON MARKET. The past week has been a very slow one in the grain and produce trade, buyers and sellers alike evincing little interest. The wheat market is practically in a. normal condition at present, "as the reduction of tho price of ] flour by 30s per ton has resulted ia millers going out of the market, leaving few other buyers who are interested. In oats, tho amount of grain beincr offered by growers is very small, lmt "the coastal business is also very slack. Wheat—Quotations (nominal): 'Ihiscan 6s 7d. Hunters 6s Bd, Pearl 6s 9d to 6s 10d, on trucks, at country stations. Oats —A Gartons 4e, on trucks. Chaff—The high prices reached have had the effect of steadying the demand, and the market is slightly easier. The value of prime grade may be quoted as £7 12s 6d to £7 15s. Sales are reported as high as £8, on rail, but this is an outside price. SOUTHLAND MARKETS. (special to "the press.") INVERCARGiLL. July 17. Oats —The market is exceedingly quiet. Fanners apparently not the oats to sell, and the natural conclusion is that the oats are chiefly in merchants' hands. Stocks, both at Bluil and Invereargill, arc not large, and if v strong demand arose, prices would have to go up, but whilst buyers continue their present hand-to-mouth policy there is not much chaftce of improvement. iSaie.s have been made of Duns, but other varieties seem difficult to dispose of in large quantities at present. To farmers tho price offering is about 3s Bd. 0.t., for A grade Gartons. Oatsheaf Chaff —The market is fairly firm, but merchants are worried by the large quantity of chaff that is coming forward in damp condition. Primo quality is in demand, but lower grades are difficult to disjxise of. Tho price offering is from £G to £G os ; 0.t., country stations. Straw CTintf—Advices from Sydney are to the effect that the market has declined, and this, together with tho difficulty in obtaining space, will prol>ably put a finish on tho straw chaff businces for the remainder of the senson. Merchants are not disposed to buy at. present, as there is every indication mat further quantities will not bo required in Australia after completion of present contracts. The cause of the slump would appear to be the fact that 10.000 U-igs from Dunedin. ex tho Whanjrape-; about 2.J.000 sacks from Lytte.lton. nnd slkmu 20,000 sacks from Bluff, ex thp Physa. will arrive in Sydney closo upon one another, and so lar<re a quantity will be difficult of immediate absorption. Potatoes —The Sydney market is also quiet for this commodity, and some, merchants are enquiring as to what terms they may cancel contracts. About 5000 sacks were recently shipped from Bluff by the Whangape, and doubtless immediate big shipments will be arriving in Sydney from northern New Zealand ports. This mnst react on tho local market. Merchants are not very keen to buy. and from £o to £5 10s, 0.t.. will prohably be as much as may be obtained to-day. COAL SHIPMENTS. (PRESS A.ISOCIATIOX TELEGRAM.) WESTPORT. July 18. Coal shipments last week: —Westport Coal Company, 12.338 tons 14cwt; coke. 39 tons 13ewt. We«tport-Stock-ton Comoany, 2633 tons 3c\vt.