COMMERCIAL.

Mataura Ensign, 12 February 1916, Page 8

COMMERCIAL.

CANTERBURY MARKETS. CHKISTCHUK'H. I'YI.. 11. Tilt' raided reuort that tin.' whole Mirphis wh< •; €-ri.n of Australia ha.l Wen sold to ill.' Itn i»t*T-iii-l authorities has caused more local inniiinc.s ior wheat ••'.ml ,■!!:•!. I.d a iiiiiul.t-r <>t sales i«> W made. A later report that th.' negotiations i.M- tli<: purchase had not Won continued steadied hiismes.s The local maiket i- sensitive. In the event "I the -urpllis not Wine; placed in- Kiirone tin re is a. nn.s.sthilit v that exports will I'.' in:vl..' to New Zealand. more uarticulariv in the t'oi in o! Hour. " Tlieie is no chance in prices IncaUv. sales el new wheat having Wen made' at •"» and ">s Id at country staiions.. mostly -i the- former h-ure. and an odd lot oi nY! wheal at *i- Id to -V "2d. It i.s rei-ei-ti-il that the new wheat is milling «'"e'l. lieiini thinner in- tinfkin -.iikl inal;ii"_ r a .stronger Hour than Inst season's wheal. ..('Vis :■..<• du'l (i sale, there hciirir no Jij.pos ; tion oti the pan of merchants to lay in in view oi' the hcavv crop ':ii-:ii'ah!e : n >ont hl-i nil. There ir praetienlly no -himiinM Ini.sine-.s at pre*«Mit. A Vow !:'f.'s of (;-'rioiis Here mirrha.sed at •■'.- Id. to :'»s •'?. Growers' ideas of va'tos are generally much InVhor. Oatsheaf ehal!' is dn'l of sale, with III! ahi-enee of aiiv business.

THE EMBARGO ON HIDES. WKUJXGTON. Fch. 11 Representatives of the Tanners' Av-»-nation. Hoard i)f Agriculture, producers <iud exporters met tin- Minster for .Munitions and Supp'ics (Hon. A. M. Myers) to-day to discus* the effect ol Ili't> recent prohihition on the export ol hides weiiihine; -4-~> I*> or over. Tlic conference resulted in the unaniuious agreement that, with the exception of hulls' hides, the minimum pn< c lor all well-flayed. o;o< d-condu otiod meat works, ahattoir or hutcheis' hides .should he as follows; Cow !M Ih. ex 10.1. liotli suh.ject to the usual tear allowance. U producers are unahV m oh--lain these prices in New Zealand, and jnve conclusive evidence thereof, the •Minister will he prepared to cor.sd r applications for pnnusson to exp-rt. While hides red ui red for lo. ; ,l purposes will he ohtainahlc at the current market price, the result of the conference will he that tanners have agreed to supply hootmakors who entered inn contracts for mtlitarv siipp'ies at tin price agreed upon prior to the (lovernincut's emhatajai.

LONDON MARKETS. LONDON. Fch. 11. When. The market is quieter add easier. Flour.- The market is firm and inactive. Oat-.- The market is (piiel.. liahia I Rlaitca (Kchruiirv-March shi|)ment). :U----•M. Peas and Mean*.—The market ibtcady hut diiiet. |iuttor.--The market is steady ; colonial i- tinner. The (|Uautity marketel is siii;i 11 owin.n to slow dsi haiL'i'. Alls iralian choct si. sailed 1-Mjs to MS,, mi Kilted l'>(')s to l(-:0s. New Zealand, salt €d loOs to IoK iinsalted Kids to Mils Argentine, salted l-th, unsaited lads t< l.yjs.

(licoo.- The market is easier cuitm 1o 'ar;j.er pro-pivt i\ e supplies. X'-w Zealand. !)7>. S)i!i;ir. —'I'll*- marker i> linn. American ted. •<■")-. Rindl'md Wool. -Small liiimucsx is «]omii and prices are well ma i 111 amed. Copper. -On f\> -it. I'UM : ai ilire" muntlis. L'K.l."*: <•!< etrolvtii . mi -p" 1 • i,'I:VJ; at tlireo months Clod. Tin.—On sunt. /JlT'.l IDs: ai llii'v ni'-ntlis, {.'l7'.' ">s. Pijiirmi.-- £.' I I Its 7 .\il. Load.— On -pot. L-i'2 ; ai ilime month-*, .t.SI |.' ( s. Spelter. -On spot, i.".''-* ; Ml three inuiillis. £',) H. POLLARD IN AUSTRALIA. SYDXKY. V<\>. 11. In view <>l' I In l improvement in Australia mvinu: to increased supplier, the prohibition ol tin- export oi pollanl lia.liet'ii removed.