COMMERCIAL.

Press, Volume LI, Issue 15464, 17 December 1915, Page 8

COMMERCIAL.

(By Cable.—Press Association.—Copyright.) WHEAT. (Received December ,16th, 8 p.m.) LONDON. '.December 15. The market is .steady, but inactive. LONDON WOOL SALES. At tho wool .sales competition was strong. There was a good selection of slipes and more genoral competition. Prices wore harder. -Merinos were firm at full late rates. The folio-wing prices were realised for the fleece poitions of the clins named .—Gear, top 23 id. average 19d; A warn 3, ton 21d, average. 18 Jd. TALLOW. At the sales 1227 casks -were offered and 63S sold. Mutton, line made 50s, and medium 475. Beef, tine made oQs, and medium 4&. AUSTRALIAN PRODUCE. (Received December 16th, S.-10 p.m.) SYDNEY, December 10. Oat?.—American 3s to 3s 6d, Tasmanian, white 3s <>d. Barley.—Malting .'is to 4s. Maize—.South African landing 3s 4d to 5s (id. Potatoes — Tasmaniaii old £K> to £13, noiv £1(3 10s, others £3 to £17. Onions—New £1 to £5. ADELAIDE. Docombcr 1(5. Flour—Cl2 to £12 Ws. Bran— ' I Hd. Pollard—ls -!d to 2~. MELBOURNE, December 16. ! Hides.—There -were small supplies. j Light-weights were id lower, a.ud others unchanged. i AUSTRALIAN* WOOL SALES. (Received December loth, 8.40 p.m.) ADELAIDE. December 16. Tho wool sales closed strong at the best rates of the season. Crossbred hoggets fetched 2ld. a record for a quarter of a century. MELBOURNE, December IG. At the wool sales all records were broken. Merino fleece fetched 23Jd. PRICE OF FLOUR. (rRISS ASSOCIATION" TELEGRAM.) DUXEDIX, December 16. The price of flour was advanced 10s a ton to-diiy, and is now £13 10s. DUNEDIN WOOL SALES. (press association telegram.) DUNEDIN, December IG. For the first wool sale of the season on Wednesday, about "15,800 bales will be offered, as compared with 16,200 at the corresponding sale last year. EXPORT FIGURES. (PRESS ASSOCIATION" TIXEGRAM.) WELLINGTON, December 16. New Zealand products exported last week were valued at £514,795, including dairy produce £182,143, frozen meat £139,972, wool £175,665. THE FROZEN MEAT TRADE. Messrs H. S. Fitter and Sons, writing on November sth, eay:— "Home-killed Mutton. —Scotch is now beginning to bo somewhat more plentiful on the. market, and reports from Scotland lead us to believe that there are a very fair quantity of sheep now grazing. The supply of English, mutton has been fairly good, but Irish mutton has been short, and thero has been practically no Dutch. "Home-killed Lambs.—A good supply of Scotch lambs are now coming forward and aro selling freely. There arc very few English lambs now on offer. "Frozen Mutton. —A cood many New Zealand ewes are being sold on tho market, and although not quite so firm continue to mako very fair prices. Most of tho Argentine mutton available in London is rather largo, so buyers ■who wish for really primo quality have substituted Argentine tegs. Many of these, however, aro of very good quality and give satisfaction.

"Frozen Lamb. —Largo quantities of Now Zealand lambs continue to arrive, and considering the time of year aro meeting a good demand, and are making very fair prices. On account of the- scarcity of small prime mutton, bic tegs are being used in their place, and for this reason the prices of" tegs have kept un wonderfully well.' <: American and Argentino Beef.— Ihiring the past fortnight supplies of chilled beef have boeu rather" irregular ( and at times there has scarcely been any of this beef on the market. In spite of this, however, prices have had a downward tendency." The reason for this is partly because prices previously quoted wero too for the trade, and also by reason of town-killed beef being more plentiful and far cheaner in comparison. "Frozen Beef.—Prime oualitv is, of course, still very short, but there is plenty of secondary beef about, which continues to meet a very fair demand, and realises prices which in normal times would have been considered extremely high."

GHKISTCHURCH STOCK EXCHANGE.

YESTERDAY'S BUSINESS OX OTHER EXCHANGES. (press association* telegrams.) AUCKLAND. Sales:—New Zealand Insurance, £6 ss; Auckland Gas (paid;, 300. WELLINGTON. Sides reported:— WaiLi, 37a 3d; Bank NZ, (ne-x), £16 2s Gd. Closing mining quotations:—Murray Crtok (old), buyers 373 Gd; • Murray Creek (new), buyers 17s Gd premium; Murray's Freehold, buyers 2Gs; Roes, buyers 7d; Success dredge, buyers 21s 3d; Talisman, buyers, lf>s, sellers 16s 9d; Waihi, buyer's 375, sellers 37* Gd. MIXING. ROSS GOLDFIELDS. (rP.ESS ASSOCIATION" TELEGRAM.) WELLINGTON, December 16. Tho Ross for tho pa.st week wa3 5003 3dwt of gold from 33S trucks of waeh.

QUOTATIONS. Buy w». Sollera. BANKS- X b. d. £ e. d. National of X.Z. >«• £ 2 0 BREWERIES— Manning _ 4 14 0 COAL— Stockton .. .. 0 5 3 Stockton (8 per cent. preference) 0 10 1 mm FINANCIAL— National Mortgage .. 3 17 0 — MEATS— Canterbury (6 per ccnt. preference) .. 5 2 6 ~ £4 Christcburcli (£2 pd.) 3 2 6 MISCELLANEOUS— Maeon, Strutters (14s P, aid ) •• •• — 014 6 N./S. iarnjcrs' Co-op. 2 5 G 2 G 6 Whitcombo and Tombs 5 15 0 — MINING— W-iihi Grand Junction — 10 0 GASCkristchurcli ... _ 7 13 6