COMMERCIAL ITEMS.

Dominion, Volume 2, Issue 621, 25 September 1909, Page 8

COMMERCIAL ITEMS.

;/;-;'V; ; intestment: shakes. ;:' ■ A sale .of' TVellington "Woollen' at £3;was. all the.'business recorded yestor'day. The quotations were without alteration.' National Hank ' buyers £5.195, sellers; £6 Is.;- Wellington Investment, sellers Us., 6d.; Wellington Trust and Loan, sellerß £7 .2s. ,6d.;: Feilding Gas, buyers £1 es./9d.;J.Gi3borne Gas, sellers £2 125.; JPalmerston; North Gaß, sellers £7'55.; National -Insurance, buyers £l:.8s: 6d.; Standard, Insurance, buyers £1 35.-, sellers £1 45.; Ohristchurcb Meat, .buyers i £10, 10s.; New Zealand'.'Shipping buyers £7; ■ Kaiapoi Woollen, preference, sellers' £5;. Wellington Woollen, ordinary, buyerß £2 195.;, Kauri-Timber,.; buyers, 15s. 6d.; New Zealand Paper' Mills,, buyers £1 2b. " 6d.; Taranaki Petroleum, sellers 9s. , ~- . •"'

[?■': -.TPE LAST, BUTTEE. :..;:;;/: i The statistics and ohart:bf;prices for the seasen 1908-09, cbmpiledby Messrs. Dalgety and' Cbm--1 pauy.'.Ltd., aro very interesting. In'the.season 1.1907:08, New Zealand . butter was marketed' Jor eleven- months', ef'the year, .'or,at least' it was quoted (during'that period.: The price in, July, 1907,-.'-.was ICOs.,'?and then cemmenced. a series bf advances, until, by. tho end of January, 1908, the/price reached 120s. Between January 30 and February. 13. there was a phenomenal advance, the:market pricb on'tho latter, dato being,,ls2s.' There,was' a rapid descent during.tho'fortnight' following, 'the price-,going: : back.'to 120s."; There waß a.slight advance ill the following week, and then tho;market quietly declined,' until, 'end/ of May, it - stood at :110s. ■. To--wards.-.tho end of Juno tho Quotation-was IMb. :, In tho.'seasbn 1908-09,.New. Zealand butter-was quoted throughout the .year.: The. opening quotation in July was 114s.,:and' then/lo'lowca steady advances until; by tho first .'week',-in November last,.tho pr,ice.was up to 1245. -Erora then right on "to the first week in April .there was almost a' continuoas.- decline tho'price on April 3 being .down'to 98s. 'It was.this prolonged; depression.that bo\ Bovorcly... hit : tho dealers. Kinco April the movement has been upwards, .■:• tho iqnotation at'., tho; end.; of I Juno being, 106s.'' ißad as :tho past, season was,• ij, .Was infinitely..better : than in'l9o4-05,' : wheri. the bpening quotatibn was 905., and ■ the. .highest price touched during the year was 108s.' .lint, frbm the ■ beginning' of September- to the middle of '1904, tho only .TMow Zealand ' butter... offering had'been'held-for somo'timo^in.cold -store; '.■'..- :• The 1 ■-. statistics -' :show.. that '< butter. .■vcroVittiported-into the.United, Kingdom during I'thc:; year' under.;■■ revjewi". being ■ -an -.increase \ ef, J78,687cwt.'. over the pr.oVious year. .'■', IncreaßCß wore obtained, from every, country' except'.Australia,''as the following figures will :show:— ,; A .; ; '■■.'■ ''''!'" : -..' 1907-08. ' : 1908-09. ':".■.. •'■ '• :' T : ' '-:•:.•: ■■ owt. ■-.-' owt. - ■-:" : i 'Denmark - 1,803,711 1,834,247 ' .-' 'Australia -::... ;. .435,386 -.' 314,270 ,'■'• : : ; Eussia, .: .7. 613,161 ' , 657,467 ,' .Prance ( . 338,808 397,411 ; (''•■ New Zealand. ■..;.!. 229,837 -:■ 272,615-.'• .' i- Canada ....'.....;,.;.'.... 37,349 . . , . , .Holland ,:.....;..-. 191,234 ; ,-2C9.179 :-■'Sweden ' : ....:. '■ 240,174, ' 266,858 - ■ \ Other countries: .;...'. 72,299 .80,272 . Argentina l .". ;..--«,133 ' -77,295 . -'"/ United-Stdtcs • :....'. ' 17,580 . ', 23,919 -;-.' ,

;'V:''- ■'!". .'?> : .- : ? 4,022,672 ' '; 4,201,359' - In both seasons New. Zealand, stood / sixth on. the list for quantity. The Australian deficit of 121,116cwt. was exceptionally'large, for it.was 'more, than .a;-fourth of the amounU exported in the'previous season; ; It is very probable that this : shortage 'will be made, good .by Australia In 'the'current seasou; whilo a further increase may be expected from Newy Zealand. ' 'What effect-this.will have on the market.remains:to bo seen, in -tho meanwhile the' price offered is good. :■'■•'. •.'!':.■■■ • , : r : -" :w, .:.."'■■;-:

'■; Customs''revenue'"collected'at Wellington' yesterday;.amounted. to-'.£3478 6s. ,5d., ■ ? ■,■;:-',-;f-,-.•- '': ; ,WKLLINGTON' MAKKET REPORTS.-; -'.jr. ■.'. { The, New .Zealand Farmers' 'Cooperative Distributing'.Company, Ltd., report'as. follows':—Maize, 4s. 6d;,to Bd.;-. wheat,Whole.l'qwl, ss.', firmi barley,; capo'seed,'2s. 9d.; barley", feed, -25.:6 d.' to 2s. M.'\ per. bushel; barley-meal, ,best quality, £5 10s;- per ton; ;oats. ,2s. -3d,:.t0. ,2a.-4d.; oats, feced, Sparrbwbills, : Qartohs,.,Duns,-2s,'6d.' to 25. ,: 'Bd.';-"Algerian seed' oats, ,25;;4d.;- oatsi'.'crushed, 2s. 7dJ; per .bushel; horse .beans,,. 4s. 6d. per: bushel; partridgo peas,* 9cH;: Prussian ' blue peas, ss. 6oY,por bushel';-.hay, prime,- -JB3 ■ to "£4. ss. peri tonj ! straw, "wheaten £2- 55.; : batch £2'2s.' (d.'.'per.-'!tci;. bran, ,£4. 10s.; pollard,'.-.-£5 10s.; sucrosino, >200's £7, 100's ,£7-ss. per ton; linseed oil cake, - geuuine,--i£l3 . per,,:tou; primp oaten ■sheaf chaff, £3 to £3 55.; potatoes, £4 10s.; selected ICantcrbury:.TJp-to-Datb seeds, £6; Dakota .Beds,'.. £6 10s.; onions, £9 to £10 per ton; but ter, separator.;. 9d. to '9id;; -dairy,Bd. :»er lb.; eggs, i fresh, 15.,-Id. ..per ,doz.,, good, .demand; honeyjWs 33d. to 4d.; 14's'41d.; beeswax, Is. ffd.;. fungus, sd;;' walnuts,' 5d. : to .ojd.-, por 1.b.; cheese, best • factory, -medihms sid.Vto''6d.';' bacon; factory, 'Bides"Bd;,-:rolls- 9d., hams : Bjd;- per lb.; borkers,-70's to 90's Sd., 90's to ICO's 5d.;-baebn-ers,-4jd.' to-4Jd.; heavy pigs,-3d. to 3id.'per 1b.,very, good demand; green peas', Is.: lOd. per peck; cabbager6s;;-parsnips, 2s;;,.carrots,'; table 3s. .per sack, horso carrots 30s. per ton; marrow, '2s, (id.;;,cauliflower,-65..,t0 .Vs.; .pumpkins, ; 55.. per- sack; swedes, 255. per ton; rhubarb, 4s. to 55.-per dozen; apples,' dessert 10s„, cookers 7s. -Poultry—Table- roosters, ,4s.- -6d. .•• to 55.; cookerols, 6s'. 6d. to 6s.' 6d.;; table: hens',' 4s.'6d. to: 65.; ducks," 75.; '■. geese;. 6s. :6d. to -75'.,*.a1l at per pair; (turkey,,gobblers. 9d„ hens Bd. per lb. S Messrs. Xaery. and Company, Ltd., Wellington, roporl wbulesafe -prices':ruling on tbe.'iuai'ket:— Wheat, fowl ,4b. Bd. to 4s. .lOaLi-shrivelled 'whent 45.; feed-oats.' 2s.' to 2s. : 6d.; Dun oats,' 2s. .3d lo 2s. 4d.; scud uals.-25.'4d.-ti)'2s. Bd.-; .Algerian oats. 2s.'2d. to-2s. 6d.'; maize, 4a.'• ld7. to 4s. 3d.; crushed malt, 7s.;'fowl barley, :2a. 6d. to 2s. 9d.; . Capo barley seed,. 35.;, horso. beans, 4S. 6d.',(a1l 'at per'" bushel); ricemeal, -£4. ,6£ -to :.£s;' flour,-. Ne- Zealand; £11 10s. •■■ to.. £12; Australian; '£12;' bran, £4 ss. to £4 10s., :pearl barley 1.55. ;.p'ea.B, partridgo 4s. 9d., Prussian .blue ss. 3aV to ss. Gd., 'fowl peas 4a, split.£l7'.los.; bonednst,'£s 15s.';-superphos-phates, £5 to £5 55., pollard, £5 ss. to £5 10s:; basic ■ slag;" £4 Ios.;" -chaff, batenshcaf, £3 ss. 'to '£3, 15s;;- oatmeal, ,£10: 15s. to. £11; potatocß. tablo, £4 ss. to £5; Eced potatoes,' £5 to. £6 rlss.r onions, £7 -, to £8; Japanese onions, £11 to■ £12;. molasses fodder, £5; bacon, (factory); sides 73d.. hams Bd., rollß 8!d.; biittcr. bulk. 7d. to Old. Poultry: lions. 4s. to 4s. 6d.; ducks 6s. to 75.; turkeys, gobblers K.i to 205., hens 10s. to 145.: fresh eggs, Is. to Is. I'd. doz.; cheese. 6d. lo 65d. per'lb.; loaf, 7d. to 7id. per lb.; AkaTo» machine-dressed cocksfoot, 7Jd to Bd.; farmers' dressed sd. to 6d. -per lb.; ryegrass,3s.3d. to 4a. 6d.. per bushel;. Italian ryegrass. 3s. 6d. to 4a. 6d. per "bushel; white clover, 70s. .to 755, cwt.: rcdrclovcr. cwt.: cow grasß, 65a cwt.; alsiko. 82a 6d. cwt;; mustard.,4os. cwt.': trefoil 375. 6d., cwt.: rapo seed,-265. cwt.; Timothy, 32s 6d.,cwt.;'Swede and turnip 6ccd, 60a: cwt.

"'• WOOL, HIDE, AND TALLOW SALES. Messrs. Murray,ltoborts, and Company, Ltd report na follows:—Our catalogue vestorday consisted of. 2Qbale3'wool, 2700 sheepskins, 17C0 hides and calfskins, besides- a small offering of tallow. ..There was a largo attendance of buyers and prices for wool, and Bltins.showed an ad' T fl n ?2 ■•!'#'•" t0 ' d - "T "'• 1Ii(1 os showed a -slight, decline,, compared with last sale, nricoi being about id. lower.' For '.calfskins thero was keen competition, at prices equal to last sale Wo quoto, as follow:-Wool; Crutchings, hair bred. s}d.' to Bid. per lb.; do., .crossbred, 42d to SJd. per lb.; crossbred, flccec,-rough, and stained, 6d. to 63d. per lb. Skius: Halfbrcd. Bid. to 9Jd. per lb.; crossbred, fine, Bd. to 9d per tb.i .d0.,-coarse to medium, 71d. to Bd.-ner lb.; lambs, wpolly, 7)d. to BJd, per lb.; do., short 6jd- to 63d. 'per lb.; crossbred, inferior pelts' 4jd. to 63d. <per lb.; do., badly damaged, 2d, to 4d. nor lb.; .do.,- dead and hoggets. Ijd. to 6d por lb; eroon and dump skins, 3a. 61 to 6s, 6iL

each; do., heavilly woollcd, 6s. 9d. to Bs. each. Hides: Ox, heavy, 6Jd. to 7id. per lb.; ox, medium, SJU. to 61d. per lb.; ox, light, 5Jd. to 5Jd. per lb.; cow, heavy and medium, sd. to 53d. per lb.; cow, light, sd. to 5Jd. per lb.; hides, damaged, 3d. to sd. per lb.: bulls, 31d. to 4id. per lb.; calf, prime, 9Jd. to lOd. per lb.; do., good ordinary, Bd. to 91d. per lb.; do., damaged, sd. to 6Jd. per lb, Tallow: Caskß, 225. to 235. 6d. per cwt.; tins, 20s. to 225. 6d.,.

Messrs. Levin and Company, Ltd., report:— Wo iteid our fortnightly sale yesterday, when wo offered 15 ibalcs of wool, 2500 skins, 1600 hides and calfskins, and' a quantity of -tallow and horsehair. There was a good attendance -of buyers, and, in,sympathy with tho advance in London, prices, rose ma marked manner. . Bidding was very animated. Wool: Very little.is now offerfng, but-tho few bales available were snapped up eagerly by buyers at satisfactory pric6s. We. quote :-Crossbred. fleece, none offering; lambs, none offering; superior crutchmCT, 43d. to 5Jd.; medium crutchings, 4d. to 4jd.:m-. ferior crutchings, 3d. to 4d.; pieces and bellies, 2d. to 4d.; locks, lid. to'3d. Skins: Fino skins advanced Id., and crossbreds 3d. to Id,; dead skins, 3d.' Green skills were strongly competed for, at the full advance. Wo nuoto:-Fino cross; breds, Bd. to 9d.; crossbreds, yd. to Bd.; lambs skins, 5Jd. to 6id. : dead skins, 4d. to 6d.; dead hoggets, sd. to 6d.; quarter to halfwools, 4d. to 53d.; dry pelts, 2id. to 5d.; 'green skins, ss. to Bs. Tallow:, Firm. Farcels in shipping order, £23.155.; tins,' £18 to £22 15s:; rough fat, £10 to £15. Horsehair, Is. to Ib. 2d. per lb. Horns, ss. to 16b. per hundred. Cowtails, Is. 3d. to Is. 7d. per dozen. Hides: Market firm. We quote!— Ox hides; heavy, 6jd. to 7d.j ox hides, medium, 6d. to 63d.; ox hides, light, sd. to SJd.; cow hides, sd. to 53d.; cut and Blippy hides, 2d...t0 5d.; stag hides, 2Jd. to 4Jd:; bull hides, 2d. to 48d.; yearlings, sd. to 6id.; calf, best, 7d .to 9Jd.; calf, medium, Sd. to 63d.; calf, cut and slippy, 3d. to sd. ■ • ■ '-

The New Zealand Loan and Mercantile Agency Company, Ltd., report as follows:—At our fort- ] nightly Bkin and hide sale we offered good catalogues to a large and animated attendance of buyers. The recent cable advices from London, reporting advances in sheepskins and in wool: of all classes, had a very stimulating, effect upon our local market. Wool: Crutchings, since last Bale advanced about id. pes lb., while fleeco was id. to 3d. better than a month ago. Sheepskins were in keen demand at advances'of about Id. for damaged and inferior, jd. for medium sorts, and 3d. to Id. lor sound, good quality skins. Green skina. Bold well, at from 6d. to Is. advanco on last sale prices. Hides did not show .muck change in va(uo3, I'Jt calfskins, in good order, sold readily from. 6d. to 93d. We quotes-Wool: Crossbred,-fine, 9d. to 9Jd.; do.,.coarse, Sid. to 63d.; do., inferior and seedy, 4id. to • wi-i crutchings, medium, Mi. to <3d.; do., info" l "' and'seedy. <d. to 41d.;. bellies and pieces, lid. to 53d.; locks, 2Jd. to 3d. Sheepskins: Fino crossbred, 7»d. to Bd.; 'coarse crossbred, 6jd. to, 71d,; lambskins,. shorn, 53d.. to; 6id.; dead and faulty skins, 4d. to 6}d.; inferior,- 2W. to »l short wools,'ld. to sd.;' green and damp slims, '2s. 6d. to Bs. 3d. each; spring Id. each. Hides: Ox, medium, s?d. to 6d.: cow and light ox, sjd. to 55d.; faulty hides,. 3d. to Id., calf, sound, Bd. to 93d.;calf, damaged, 3d.-to 63d. .Tallow,-in tins, 19s. 6d..t0 225. 3d. per cwt. Messrs. Abraham.and Williams, Limited, Wellington, report on their skin sale, held yesterday,, as follows :-We offered a good catalogue comprising a few odd lots of wool, about 2000 Bkinsa and 200 hides and calfskins, to a large attendance of .buyers. Bidding. for everything offered was keen, and prices for wool and skins, showed a very marked advance upon last quo-, tations. We quote :'-Wool (only odd .lots offered): Crossbred, 6Jd. to 71d.: cood crutchings, 6»d.l inferior, 43d.; pieces, ?ia\ Skins: Theses show an advance of id. to Id. per lb.; crossbreds, 91d.; fine crossbred, 83d.; medium crossbred. Bd.; coarse crossbred. Wo.; half wools, 61d to 63d.; crossbred, damaged, 6d.; dead, W. to 61d.; butchers' crossbred,, damaged and green, extra heavy, 9s. to 10s. 9d.; heavy 7s. 6d.to 7s. lOd. td Bs. Id.; medium, 65., 9d. to 7s. 4d light, 4s;:4d. to ss. 8d..t0 ss. lid.; salted, 6s. lid. Hides:, Heavy ox. Old.; medium'ox, 6id. to 63d.; lighted, to 53d.;.cows, medium, to .heavy. 5Jd. to 52d.; cow ' damaged, Bid.: prime,, calf, .?Jd.. ordinary, Bjd. to Hi... Cowtails, Is. Bd. per dozen. ■'_' ' Messrs. Dalgety'and Company, Ltd.,' report having held their fortnightly -.■ sale of:- wool, skins, and hides yesterday, when they offered a .good cataloguo of all classes to the.usual attendance of buyers. In sympathy with the rise at the Home market prices for most lots were in sellers' favour, and everything met with very keen competition. Prices wore as loUow.Wool: From id. to id. ia advanco of last sale rates. • Our catalogue was mostly comprised of crutch ngs; ■■:< Crutchings , 33d. to^ .51d. ..,f™* crutchings and .pieces, 4id. to 43d., interior 'orossbred-logstauTed, 53d.; Horsehair. Is. Sheep: skins: About id. n most .cases, and in somo cas?s of extra good lots fully Id. in advance-of last sale rates.;. Damp-:skins,.9d. to Is.:-best halfbred.9d. t0..9id.; good fine crossbred, 71d. to BldTcoarse- crossbreu, 63d. to 7id: crossbred, shorts, 4id. to 6Jd.; dead, 4Jd. to 5»d.; hogges,, '6!d.to 71d.; inferior pelts, Id to 3d.; new sea : , son's lambskins." Is. Id.;, crossbred, damp, best, 'ss. 3d. to7s: 6d.: ■ inferior. 3s. 9d 'Hides: Pnees; par with last sale rates,. Heavy ox, 6 d -7Jd.;. medium, s?d. to * t0.53,d.; cut and slippy,'.3ld. toi M ; stag,, 4Jd ; calf bes', BSd.-to 9jd.; medium. 63d.; inferior, ■1I toSBd.; dry.hides, 3d- to-Hd.rhor.ehhides, lis •;■- Tallow: In chipping order,, 245.; in tins, 225'. : 6d. to 225.9 d. •: . „;:y. ■■

I ! • : BANK OF ENGLAND RETURN. , '■ 1 (By Toleeraph.—Tress Association..— Oopyrlrht.) ; '/(Received September' 24, • 6 p.m.) ' iY*. V ■' ; ■ ' .■ ■ London,'. September'23. . i ilio' BankV'Of Enjland'. return . for .'the' 'week ;■ ended Wednesday/ September 22,; ia ■as under:—,',, 'i ' IMC* DEPAhthskt., : . . Nbt«lss'u«£s6.492,MO GoV!'Becurltic»£ll,ols,ooo., V 1 ; .■ , Otbar'Eecnri- . . i,--S : ties Gold '33.1M3.000 . .' " : 1 J3,030 . ... ' Banking Dkpartmknt. . • • ' ' Proprietors Govt, eecuri*. capital -. £14.553,CC0V ties, £15.320,000 • Pnblio do- ' Other securi- ; • Poßit3 ... ■ 8.693.000 ties . ... 28.769,000 • Other do-; ' k ' ■ posits, V.. . <4,710.000 Note 3 • - £7,fi24,000 •• . Ee&t, 7r<3fty, •• • And other Com . . .... 667.0W bills .m 3,928,000. , - - -■ ;i?2,189,000. 7'k . £72.169,000 - The leading items of-tho-'Bank'of.[England return afford" the following .comparison:-? This week; Last week.-Last year BDIIIOD' ... 38.043.0C0" r '58,82P,C00 '3G,91'/,000 ■■ Keeervo ... 48;OP1,OCO 29.741.000". . 28.218.000 Note circulation 28.965.UW ,29,121.000 . 803,000 Public Ueposit* B,mOOJ- • b.'ilO.OtO 7,W0,0j0 'Other Deposits. - 41.710.0W ' 47,4i;2,0W 44.29J.000 . Vroportion of . . . * •reserve -to liabilities ....*.» .. 62.77 • • 63.35 .64.23:.Ci6vEBNSiENT^SECUirtTIES.". ' The following, aro* the' latest, : quotations for Government securities,-with a . comparison of: ; those ruling last week:— . ' ; .

: the' money- : ma'eket. . ■ The Bank ' of .England rate is ; 2i per cent.; • to' wnich l it was reduced' on. April 1./r ' • •The open-market discount rate for uest three months' bills in London iB ~b-i6'higher at ;U 13-16- per cent., 4nd in Paris fl higher' at 2 per ? e Short loans are - Quoted in, London ■at : 3 of 1 per' cent.; [the same rate as last week. .. . .. . COLONIAL AND OTHER PRODUCE. ' ! Wheat.—The,market is)duU, owing to. liberal Russian 'Supplies; the-tone id sdmewnat steadier ' on firmer American , advices.' There is little . inquiry for ? cargoes; 41s. is beir.g. asked for shipments' per sailer afloat, which 'iß\.abovo buyers' ideas;, new.; crop December-January Bhip. • ment per sailer offering at 37e. Od., per steamers at.3Bs. to m. 3d. ; Some-steamer parcols .afloat sold at to 40s. .There is a small demand for: spot lots at 435/ to 435. :6d.. New Zealand, longberry," 38s; 9d.. to 395.. 6d., shortberry, 38s. 3d. to 3U3. 6d. /•' ; • ; . ''•

i Flour'is slightly easier. Australian patents,' on spot, are. quoted at '325., afloat and for ship-ment-'3us. 6d..;\ '•"'••:-'.-. >: .. i Butter is quiet and .unchanged. • A few stored colonial' lots ■■ arc selling at..1065. to. 112s. Holders aro. asking 114s. : to 116s. for New Zealand butter ex.'Turakind:-'." . ' '■~.' '" ! Sugar is quiet. German beet, 88deg.,-ld:,.lower, at lls.'.Sd;; first mark •'granulated, f.o.b. Hamburg, Id. higher,: at-13s. 9d; per. cwt.. V ■ Bradford Tops.—The very stiff high prices are checking business, and thcro; are now. actual transactions. Forties, 13Jd.; ;fort-sixcs, 15Jd.; common sixties, 27d.; super sixties,. 28d.; sixtyfours, 29d. per lb. ■ ' " ,; '..':' '. the.metaijMabkets; 7 ; " • • ' .' Copper -Spot, 15s. . higher, at £59 2s. 6d.j three months,'7s.' 6d. higher/at £60 per ton,,. Tin—Spot, 255. higher,'at £138 7s. 6d.; three months,. 275. ;6d. higher, at £139 10s. per ton; . Pig-iron,-Bd. higher, at 51s. lid..per ton. ■:. Spelter, £23 per ton. ■. : .LONDON WOOL SALES.'/ '" PIUGES FIRM. - • ■ ■• i (By Telegraph.—Press Aasnetallnn:— GonyMclil.) London, September 23.. Spirited competition .continues, at'- the wool sales. -'.'.'' ' ■■ " .'' Prices for • all • descriptions are firm at the highest level.- ■ ( ■ '■ The New Zealand Loan.nnd Mercantile Agency Company, Ltd., have received ■ the ' following cablegram from their London house, under yestorday's date:—"Wool: Sales progress firmly. As .compared with last sales' closing rates, prices aro about 10 per cent, higher for merino (medium and inferior), and 7j per cent, to 10 per cent, higher for greasy and scoured marina BUUDT," ••.'',. '..,

■ LONDON. MATIKETS.' Messrs. Dalgety and Company, Limited, report having received tho following cable messages from' their London house, under date September 23:—Frozen meat: Beef—market weak and prices id. lower: only a limited demand. . Mutton: Advance has checked business. . Prices aro nominally unchanged, but, unless tho demand improves, reaction is probable. Lamb: Limited demand at uuchangod prices, except for mediums, which aro occasionally id, higher, Tallow.: Mutton, and low add inferior descriptions,'are at. par to 3d. higher; other descriptions unchanged. Tho following messago has also been received from their Adelaide house, under the same dato:—Adelaide wool sales: At* tendance of buyerß is much larger than at last sales, and competition is very animated:. The selection is comprised' almost , wholly of merinos. Merinos, generally show an advance of from 25 per cent., to 30 per cent.; as compared with last sales' opening rates. ; Thero is a strong demand from tho Continent. We offered 3000 bales.and sold 2700. • ' ' '■ '■• \ „■'■..' . AUCKLAND NOVEMBER'SALES. •'• ißyTclegraDli.-SDocinl' Correspondent.! . Auckland, September 24. In conscoucnco of the improved prices in London, and the increased amount of wool being grown in. Auckland Province, it is expected that there will be a full bench of buyors at tho Auckland wool sales, which open on November 24. It is also anticipated that, in consequence of complaints raised last season,.local-growers will pay more attention to classing.and packing their wool. ~--.' •...:■•-■■

HEMP:' A HOPEFUL NOTE. (By Telegraph—Special Correspondent.) ' '..' Auckland, September 24.. A hopeful note was struck by a merchant connected with tho flax industry in' discussing with a reporter the prospect for better, priceß for flbro. He based Ins hopes on the possibility of. Manila hemp-tho chief rival.to Now Zealand hemp—rising in price. Be has recently received a letter from.Manila, which indicates that the Filipinos may be led to demand better wages from the millowncrß on account'of tho'activo publfo works policy instituted by the United States. Government, in tho islands, creating a considerably. greater demand for labour. The writer points out- that hemp mUst.be. cleaned at a'certain time when .the plant begins to fruit, otherwise tho fibre loses strength, and, in • most provinces, the, method - has been to give the native half of. what tho cleaner article produces, but, tho'cleaner is. .beginning ;. to demand three-quarters, and, in somo caseß, is. actually getting the whole'value ..from the'planter, who fears that, otherwise, his plantations win go to.waste. -. If higher wages have to bo raid in Manila, and improved machinery is introduced in NewZealand, the prospects for the millowncr should be brighter. .

1 ■ • Variations '• , Prit-fl' compared f ~ . V V* C6 . with '!• . • r ' ' last week. : " . ' .• ■' £ b. d. " 2 i%'Imperial Consols..,'83 r/3 11b, 3d. lower •i „ N.S."\V.1933Jan.-JuIy S ' ... 1 1 3 Is. 3d; higher • il „N,S.W«19ISWar-Sepl ... W O O is.Gd. higher J} ' ... bti . t> ;> '2s. Gd,lower. I Vic. 16-20Jau.-July...- lQl 0 0 ' Unchanged 5ji.„ VicM9£l-6Jan'.-July < W O.u/ -Unchanged b „Viu.lUiiMyJan.-Juiy ... U 10 0 "Unchanged' ij.,, b.A.l'Jl&Jan.-Jniy. ... WO.Ui 'Unchanged a.'./BXiyiOOau.-Juiy ... W 10 0 ' Unchanged i ' , CJ'i'diaiu-iHJau.-JuIy' • , M 101 5 0 Unchanged j>J „ ... W 10' 0 Unchangod' b , •* ... 9t> 10 O " •• llnchangod i -lilkMay-flov. • 10M0 0. "Unchanged J>i „h.Z. 19iuJan.-Juiy ... .US l'i 6 : 2s.6d.lowor 3 „N.Z.1W5 April-Out. .... ■ W>7 6 $>B.t><i..lower 'i>6', 1 W.A.iy , 4M0ilay-Kov "... 9y .2,'6> is.tjd.Uigher 3 WXMWOJiay.Kov' .... ,-bJ *2 6 • is. W. lower' bJ',;'ras:iWUJan.-July' ... 100-5 . 0 . 6s! higher. B . M 'Xas; lvAMUJan.'July : .» b7 0 0 Unchanged