COMMERCIAL.
The French vintage is estimated at 67 million hectolitres, which is the largest yield since 1893.
The Mayor of Hokitika has convened a public meeting for this evening for the purposo of considering the report of the Government Geologist (Mr M'Kay) on the Koterangi coalfield, and to set* up a committee for the purpose oi carrying out such prospective work as may be deemed expedient.
A meeting is shortly to be held in Greymouth with a view to forming an Agricultural and Pastoral Association there. The rough proposal is to embrace agricultural, pastoral, mining, and timber industries.
THE WOOL SALES. LONDON, January 20.—At. the wool sales prices are slightly easier. Cross-breds are firm. The amount of wool catalogued to date is 48.766 bales, of which 46,715 bales have been sold. DAIRY PRODUCE FOR CHINA. During the year 1900 butter and cheese were imported into Shanghai alone to the value of £200,000, the greater part of this being paid for butter. The sources of supply are France, Denmark, Australia, Sweden, and the United States. The price paid ranges at about Is 3d per lb in large lots. Having no duties to pay, the dairy merchant has only to consider freight and commission charges. Speaking of this product, the report of the American Consul states : '• The demand for good butter in the Philippines, in Japan, and along the entire coast of China is increasing very fast, and is bound to assume immense proportions. It only remains for the creameries and dealers to master the proper method of packing and handling to secure this trade." Of course, Consul Miller writes for the encouragement of Californian exporters, but Australians may take the hint. THE LONDON MARKETS. WELLINGTON, January 21.—The Agent-General's cablegram to the Department of Agriculture states that the average price for choicest butter is 110s ; market steady. Danish, 120s, it having fallen Bs. Cheese, 535; transactions very limited. The hemp market is firm. Good sale of Wellington at £2l 10s ; fair current Manila, £29 10s. Cocksfoot (quiet), 345.
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Bibliographic details
Evening Star, Issue 11452, 21 January 1901, Page 6
Word Count
336COMMERCIAL. Evening Star, Issue 11452, 21 January 1901, Page 6
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