LATE COMMERCIAL

New Zealand Mail, 29 January 1902, Page 32

LATE COMMERCIAL

The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable from their London House, dated 26tli instant:— “Wool—The sales progress firmly, opening at an average advance on last sale’s closing rates of about 5 per cent for crossbred slipe, about 7-i- per cent, scoured medium and coarse crossbreds, and about 12j- per-cent for medium crossbred and coarse greasy crossbred.’’ The Department of Agriculture lias received tho fallowing cablegram from tho Agent-General, dated London, instant: —-Average prices to-day, 08 spot, Canterbury mutton, 3Jd; Dunedin, Southland and W.AI.E. Co., 31d; other North Island, 3Jd- The mutton market is dull. River Plate mutton 1* in large supply. Tho lamb market Jg quiet. Australian lamb is in large sup ply, fyit is of very mixed quality. • I j® season’s New Zealand brands other than Canterbury, s)d, nominal. Shipmen of River Plate lamb are increasingNow Zealand beef, hinds, 4Jd; f° r ”> 3d. Stocks of New Zealand beer band aro very light, firmly held. ° U P* plies of American chilled beef are sma • Tho butter market is steady; light s jr monts of butter are expected ; PP ce * altered. The cheese market ‘ New Zealand cheese is giving satis , . tion to buyers, 50s. The hemp mar is firm; there is a better demand, hemp. New Zealand “good fai r -i lington” grade, £34 10s; February-AP shipment, £33 10s. Cocksfoot market is quiet; there is no P to sell ; expect no immediate cha s 1 marketj 40s.