COMMERCIAL.

Evening Star, Issue 14164, 14 September 1909, Page 6

COMMERCIAL.

THE .MARKETS,

Press Association—By Telegraph—Copyright,

LONDON, September 13. (Received September 14, at 8.20 a.m.) Ihe total quantity of wheat and flour afloat for the United Kingdom is I,BOOXOO quarters, and for the Continent 1,445,000 quarters. The Atlantic shipments are 178.000 quarters, ahd the total shipments to Europe for the week 1,300,000 quarters, not including any from the Argentine and Urugpay. Silver, 23 11-16 d per oz.

HIGH COMMISSIONER’S CABLE

AN ADVANCE IN MUTTON

WELLINGTON. September 13. The High Commissioner cabled from London on the 11th inst ;

-Mutton.—Market firmer. Greatly affected by the reports of small shipments. There is good demand for all qualities. Holders are not anxious to sell. Canterbury is quoted at Lamb.—-I’lio market has advanced, and a further rise is probable on account of the advance of mutton, although the stock is heavy tor so late in the season. Canterbury brands, 3id ; North Island, 3-Jd. Beef.—Market quiet, with a, tendency in favor of buyers. Supplies of River Plate beef are heavv. New Zealand hinds. s^d; fores, 2Jd. Butter.—Market linn. The demand is chiefly for the best quality. Australian butter has arrived and is selling at 112s for salted, and 114s for unsalted. Danish 120s. Siberian 104s.

Cheese.—Small business doing, and a slight fall in prices all round. New Zealand. 58s; Canadian, 575.

Herap.—Market quiet, but stead v. Transactions are light. New Zealand good fair grade, on spot, £24 15s; fair current Manila, on spot, per ton, £24 10s ; October-Decern her shipments, New. Zealand good fair grade. £25; fair grade, £24; fair current Manila. £23. The Manila output is 24,000 bales. Wool.—Market firm. A good demand is expected for coarse cross-breds of all grades. Thirty-sixes, low cross-breds, Is to Is o|d ; forty fours, medium do. Is 2d; fifties, half-breds. Is 7d; fiftysixes. quarter-breds, Is lO^d; sixties, merinoes, 2s Aid. Wheat. The market has declined further on account of English offerings. New Zealand long-berried wheat, on spot, ex granary, per quarter of 4961b, 39s 6d • short-berried, ditto, 395. Oats.—Large supply. Market weak and inactive. New' Zealand oats, short sparrowbills, ex granary, on spot, per quarter of 3841b, 25s 6d; New Zealand oats, Danish, ex granary, on spot, per quarter of 3201b, 20s.

Leons.—Fair demand for better grades, but supplies are increasing and prices declining. New Zealand beans, f.a.n. per 5041b, 35s 6d.

Peas.—Market quiet hut steady. It is affected by the expectation of heavy arrivals, and the English new crop. New Zealand peas, partridge, per 5041b, 42s 6d.

The River Plate shipments received during August were London : Mutton, 154,140 carcasses; lamb, 21,453. Liverpool : Mutton, 141,846; lamb, 16.168 Hull ; Mutton, 8,000; lamb, 10,670. Cardiff : Mutton, 8,745.; lamb, 464. Southampton : Mutton, 12,897; lamb, 612, Plymouth : Mutton, 1,565; lamb, 157.

SOUTHERN STAER-BOWKETT. Mr S. S. Myers presided over a meeting of the above building society last night. The 192 nd appropriation of £SOO in group No. 1 jvas disposed of by ballot and fell to cluster 105, held by two shareholders. The 193 rd appropriation of £SOO in the same group was submitted for sale, and £SOO was sold at £lO per cent. In group No. .2 the twenty-fifth appropriation of £SOO was balloted for, and was drawn by cluster No. 286, held by two shareholders. The twenty-sixth appropriation of £SOO in the same group was sold, and realised the following premiums ;—£2oo at £55 per cent., £2OO at £54 per cent., and £IOO at £2O 7e per cent.

THE CANADIAN HARVEST,

Crop reports from all sections of the West continue to indicate that we are in for a hamper yield. The weather conditions leave nothing to be desired. Harvesting will be general by August 24. The most- serious problem in the farmers’ outlook is the scarcity of farm labor. There are vacancies at the present moment for at least 5,000 men at wages rising from 40 dollars (£8 4s 4d) to 45 dollars (£9 4s 10s) per month, with board and lodgings. It is estimated that at least 32,000 men axe required to handle the harvest. Many will com© from Eastern Canada, of course, but there never was a much better opening than-now for the immigrant. There is also a very keen and general demand for domestic servants, the wages offered being as high as 20 dollars (£4 2s 2d) per month, with board and lodging.—Winnipeg correspondent ‘ Standard of Empire.’