LATE COMMERCIAL.
* THE 1-TiOZEN MEAT TRADE. [Pi:n Umtf.o J'kkss Association.J NAPIER. .lulv 22. The ('.('. and D. Company, Lun<L~,:i. iodsiy cabled t hi* following report of tho frozen mc.it. market :-•■""Tho market, is weaker. Prhw fur million have fallen A■ l- h:is alfcO fallen ',d |H?V lb all round. To day's quotations : .Mutton - Cant.orhury, 7 >d ; Napier. Wellington, and North Inland. ?.\d. Lamb■■ ■ Eirei quality, 7,} d; M-cotirl. Siil. llim'l'-- IFinrhs, Ad; fores, 2j;d." AUCKLAND. July 22. Mr Stringer, manager nf the Partners' Eroczing Company, when interviewed ou tho reported hour in t-ln> meal market by the Homo buyers, said thoro might bo .something in it. It meant that Ihe lug trade, depression in England had rent rioted purchases, while thoro, had been n big increase in tho export of Argentine meat. This increased supply and decreased 0:111. sumption necessarily meant a reduced consumption, and In Mi is ho attributed the dodine. Buyers in London worn playing off one agent against another i-o reduce prices. He oonsidorod (here, should bo one agent at Home for I,ho whole Dominion. THE WOOL SALES. WELLINGTON, July 22. Tho High Commissioner cabled from London on .Inly 21 :—" Tho wool sales closed with competition not quite iv> keen as at the eloso of tho May sales. Americans are not buying so freely, purchasing only light, fine grades. The consumption is largo, and mipplies will be moderate. Prospects arc favorable. The ostimat.ed vjilnoe. according to condition, are. :-- Superior men noes, Is to Is 2<l : medium mcrinocs. lOd to 12J,d ; inferior merinoes, 8d to 9J,d ; fine, oross-breds (all gtades). Is to Is 2!A ; medium (Tors-brcds (all grades). lOd to ]s Jd : coarse cross-brode (all gnides). 7d to 11J,d." The Now Zealand Loan and M0.r0.-intilo, Agowy Company, Ltd.. are in m<eipt of the following advice by cable, regarding tho closing of the i'onplli teries :--" The wool sales closed firmly to-day with good ixmipotiliion, America- operating freely. One. hundred aiud thirty-four thow-jajid bales were 501d—52,000 bales for the Continent and 9,000 bales for America; 16,000 bales held over. An compared with land Kales' closing rates, prices are. about par to 5 per cent, lower for erosß-bred lambs, medium greasy cross-bred, ajid fine orcssbred slipe : about 7J, per cent, to 10 per cent, lower for coac-so. cross-bred sbpei, medium crows-bred slipe, and coarse eroenbrcd shabby and vasty : about the some for fmo cros!vhred and lambs'."
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Bibliographic details
Evening Star, Issue 14118, 22 July 1909, Page 4
Word Count
394LATE COMMERCIAL. Evening Star, Issue 14118, 22 July 1909, Page 4
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