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COMMERCIAL

AUSTRALIAN PRODUCE. Trejs Association—By Telegraph—Copyright. MELBOURNE. December 8. (Received December 8, at 9.25 a.m.) Bran has advanced to £9 ss. and pollard to £9. AUSTRALIAN WOOL SALES. Preii Awociation—By Telegraph— Copyright* SYDNEY, December 8. (Received December 8, at 10.10 a.m.) The wool sales were marked by a more ihoery tone, the result of Japanese and American free competition. There was a yood clearance of all the better classes in the sellers' favor. Inferiors dragged. MELBOURNE, December 8. At the "wool sales fine cross- breds were 5 to 74 per cent, abovo the last sales, otherwise the market is unchanged.

THE HOME MARKETS.

HIGH COMMISSIONER'S REPORT

WELLINGTON, December 7.

The High Commissioner cabled as follows on December 5 (Note: Quotations, unless otherwiso specified, are average market prices}:— Mutton.—A poor demand continues. The market is declining on account of the large supply of Dutch, together with frozen supplies, which are likely to increase. Holders are anxious to sell. Canterbury, 5 11-16 d: North Island, s|d; ewes. 5Jd." Lamb. —The market is dull, and is declining, especially for light-weights. Canterbury twos, 6 9-16 d ; heavy-weight fours, 6£d; other than Canterbury, 6gd. Beef.—The conditions are unchanged. The arrivals at the market include 55,000 quarters ol frozen from New York. New Zealand hinds, 6|d; fores, 5Jd. Chilled is in moderate supplv. Hinds, 6d: fores, 5R Butter.—The market is very firm. Danish is in restricted demand at 147s to 1495; New Zealand, in good demand, 132s to 1345; Australian, firm, 120s to 1325; Siberian, good inquiry, 120s to 1245; Irish creamery, offerings very small, 126s to 1325; Argentine, firm and in good request, 128s to 130s.

Cheese.—The market is very firm. Canadian, in fair demand, 78s to 795; New Zealand, white and colored, firm and little offering, 76s to 775. It is estimated that the stocks of Canadian cheese on December 1 at London, Liverpool, and Bristol were 215,000 boxes, as against 509,000 boxes last year.

Hemp.—The market is rather quiet. The stock of New Zealand is small, and prices are nominal. Spot New Zealand, good fair grade, £24 10s; New Zealand, fair grade, £23; fair current Manila, £24; forward shipment about the same price. The output from Manila for the week was 19,000 bales.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19141208.2.44

Bibliographic details

COMMERCIAL, Evening Star, Issue 15670, 8 December 1914

Word Count
370

COMMERCIAL Evening Star, Issue 15670, 8 December 1914

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