COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 14933, 5 March 1912, Page 5

COMMERCIAL.

THE LONDON MARKETS, \, h . AFFECTED BY COAT, STRIKE. ," -.- '■• ' ». THE WOOL SALES POSTPONED. ' fat IttEOBAtH.—PEESS ASSOCIATION.] 7V :* , Wellington, Monday. • * SB High Commissioner's cablegram, dated London, March 2, is as follows (quotations, unless otherwise specified, are average I , • market prices on spot):- .' * funeral coid strike now on, and affects -mftrkot wry seriously, nnd the market ' * is Tfry depressed. The second series of the I , colonial wool 'sales to bo held in London ' on sth inst. will bo postponed. ' h . MUTTON. - The'market is weak, and there is dull sale for heavy carcase*. Canterbury, 4Jd (nomi- • nal!! North Island, 3Jd-. .' ' ', . LAMB. ''*/ The market is-quigfc. Canterbury, si<3; :v r other than Canterbury, sd. \7- x l ■ BEEF. ' The market is dull. Stocks of New Zealand beef on hand are light, and cannot bo .' : UOtelL BUTTER. '• J ;'. t '* * The market is lifeless, with poor demand. - Average price for thy* week for choicest Now ' ; i-Ze?'and butter is 1295; Australian, 1255; ■ . Argentine, 1255 ; Danish, 1375; Siberian, ' 1275. ■ CHEESE. The market is firm, and a good demand < ' exists. Average price for finest Now Zea- "'' land cheeso is: White, ??s &d; coloured, 'r-''' ■'■' 725. >- '■*'. . : v HEMP. ''.' r The market is steady, and tfap demand only moderate. New Zealand Rood fair, £21 \ 10s*, lair grade, £20 10s; forward ship. 1 'meat at same price; fair current Manila, '■''*' ■ spot, £21 10s; forward shipment, fair cur- •■"'.■"*■' '■'• rent Manila, £22. Output for week for ,'••';! Manila was 13,000 bales. V.:;','-:- : ' WHEAT. " . * * The market is firm, owing to reduced "supplies. Now Zealand long-berried wheat, . spot, ex granary, per quarter of 4961b, 38s '•■ 'Wj ahort-bcrricd, 37s txl. "* ■ X,' '". OATS. . ; The market is steady, with good demarjd. Now Zealand oats, short Sparrow- '.-. - bills, ex granary, spot, per quarter of 3841b, '■'•;." 26s 6d {nominal*. BEANS. '.■ - The market is firm, owing: to reduced sup- . -•- plies. Now Zealand berries, f.a.q., old crop, ■ 50Wb, 38s (nominal)teas: Th« market is quiet, with tendency in favour of buyers. New Zealand peas (Partridge), 5041b, 33s (nominal). TEE LONDON CABLE. By Telegraph.—Presi Association.— London, March 3. COPPER. On spot, £(>% 15s; at three months. £65 8s 9d; electrolytic, £67 10a ; supplies, 48,680 tons; deliveries, 52,743; stocks, 51,507; • a Boat, 5800. TIN. On spot, £192 15s; at three months, £189 *10s i stocks, 15.633 tons: on spot, 4147; afloat, 5204; deliveries, 3081. LEAD. '■ ' Lead is quoted at £15 13s 9d. SILVER. The quotation for silver is 2a 3d. ;-: ; '.S COPRA. . , , The market is quiet. South Sea, in bafts, £» 53. JUTE. March-April shipment, £25._ ' ;.M HEMF. ■ ; : i March-May shipment, £21 15s. ■■-,■.. RUBBER. 'Best hard Para, 4s TJd. ,; •;.•,'.-**<.■■•?■* " ' ."v'l" HIDES. At the sales there was *in insignificant B ■'' supply, and the attendance was poor. Basils, ,V; . dull, first Wellington, 17id. TALLOW. Stocks, 6011 casks; imports, 3521 casks; ■icS-' deliveries, 3081 casks. .;- i«fifeV. •COTTON. , ■ ' March-April shipment, 5.71 cL V h -' ! ji" —— —.-—..————. ■• ■ ."" .; • • • ' •'';;; BUTTER AND EGGS. '.' Tim wholesale quotations for butter and egg» • for the week ending .March 9 are, as follow:— , I Butter: Factory, Is o£d per lb farmers', 3d. £gg», Is 2d per dozen. ■ "■ "' ' ' • > ' • PROGRESS IN (TRADE. .Vi.'i'.;;':'/ - ' I THE BRITISH DOMINIONS. ■' 'j -' I&rou OUB owjr COBRSSPOKDEST.] '' ' t 7 LOJrnoa", January 26. -,- Soros figures have just been compiled by the Instructions of the High Commissioner for New Zealand (Sir William Hall-Jones), showing the relative progress of the British Dominions in I ' trade and population. In view of the great place ', ' which Canada has held in the public- eye for so I inv years and of the large amount of money • expended there in developmental work, the comparison of results with those in New Zealand ~' is astonishing. The figures, which are from the official statistical abstract and other sources, are as follow: ;-'i t.°>' Population— Increase 1901. 1911. per cent. Canada 5 371,315 7,081.869 31.84 New Zealand ... 772,719 1,008,463 30.50 South Africa ... 4,992,188 5,958,499 19.35 . Australia 3,773,801 4,449,493 17.90 ff-.y v The exports of the Dominions are based on the .^ census figures for 1911 and the trade returns for 191,0. Here New Zealand stands easily first: >■'".* Value of Value per ' ' " Population. Exports. Head.

K«w Zealand ... 1.008,468 22,180.209 ' 21.98 V^.' 5 Australia ... 4,449,493 74,491,150 16.74 '-■■United Kingdom 45,365,599 534,145,817 11.77 ' * .South Africa, ... 8,360,511 55,429,241 6.62 Canada 7,081 869 61,090,364 8.62 '.■- German 64,903,423 373,355,400 5.75 " A United "States ... 91,972,261) 342,016,798 3.71 . Tlw export trade of tho three leading Dominions -■has expanded as under during the period 1900s, • 1910:Increaseof Increase of Vl • . Exports Exports 1 ' -'. . pet head, per cent. ' '■" £~ \ , , New Zealand , 4.85 67.44 ■■ Australia 4.56 62.08 Canada ... 1.28 54.93 , t ~ . ..' : ; .WELLINGTON FRUIT AND PRODUCE \JI-',, MARKET. ; •*• [8T TELEORArn.—OWff CORRBSPONDBST.] ,- • i Wellington-, Monday. , ■ The local market for both apples and pears is •till in an over-supplied state. Consequently very low rates are ruling, which are, in fact, .almost unprecedented. Choice dessert apples realise from « 6fl to 6s 6d per case, prime 4» to ss. Pears: - ■" Choice dessert, 4b to 4s 6d; prime. 2s 6d to 3a M per case; stewing, 3s to 3s 6VI per oase. ii ', "Peaches are slightly stronger at 2s 6d to 3s per «' •half-case, for choice. Grapes, 6d to 8d per lb. Tomatoes, 2s Cd to 3a per half-case. Capo goose- - ' berries: The demand is strong at 4d to 5d per i i JJ>- Greenjfafc-es, 4s 6d to 5s per half-case. •nectarines, 2s 6d to 3s per half-caw Island .... oranges are in strong demand, tho market being ' Mta of supplies from other sources. Potatoes, 4s to 4s 6d per cwt. Onions, 9s to ;j» 6d per cwt. Cauliflowers, 5s to 7s per sack. • Cabbages, Is to Is 6d per sack. French beans, ■ * d per lb. Green peas, 5s to 7s per half-sack. . Marrows, 2s to 2s 6d per sack. Pumpkins, 2s 6d W3s 6d per sack. Lettuce, 2s to 2» 6d per case. Fresh eggs are selling at Is 3d per dozen and Urocd at Is to Is Id. The demand is good.