FINANCE AND TRADE.

New Zealand Times, Volume XXIX, Issue 6325, 27 September 1907, Page 4

FINANCE AND TRADE.

LONDON COMMERCIAL CABLES. THEM ASSOCIATION. LONDON, Soptomber 25. At the wool Bales 8004 bales ollercd, mrJudiag 7282 of Now ZaaianU crossbreds, chiefly slipos, prices for which remained unaltered. A low bales of merino were fully hvo per cent, dearer than at the closing - sales of the last series. There wa« a large atten-danoo and spirited compertrtion, and prices were very hrm. Tbo American vifiiblo supply of wheat is 59,303,000 bushels. Copper —On spot, X6l IOs; three months, X 65. Tin—On spot, X 169 10s. Load, X2l ss. At the tallow auctions 2159 casks offered and 737 sold. line mutton. 3">s; medium, 33t$. Dine beef, 35tj; modiuni, 3d. AUSTRALIAN PRODUCE. SYDNEY, September 20. Wheat, milling. 4s 4d; cluck, 3s 10x1 to te. Flour, XlO. Oats, Algerian feeding, 2s 9d to 2s lOd; milling, 3s to 3s Id; Tasmanian white, 2s 13 d. Barley, Capo, ta 8d to 2s fid; English feeding, 2s fid. ilaize. 3s 2d to 3s 4d. Bran and pollard, ltd. Potatoes, Tasmanians. X2 Ife U/ X 3, Onkms, Victorian, X 4 4s to X 5. Putter, 105 ato 107 s. Checeo, 7d to 8 2d. Bacon, bid to 10J<L MELBOURNE. September 20. Wlkcat, 4s -id. Flour, X3O. Oat-:—At a standstill, pending developments in connection with the rainfall; Algerian feeding, 2s 9d; prime, 2s lid. Parley, Capo, 2s 9d; malting (nominally), 4s lOd. Maize, 8s 6d. Bran .and pollard, Is. Potatoes, XI Ite to XI 17s 3d. Onions, X2 to X 3 10s. ADULAXDE, September 26. Wheat. 4s Id. Flour, X 9. Bran and pollard, lid.

HIDE MARKET. (Received September 26, 9.25 p.m.) MELBOURNE. September 26. At the hide market to-day supplies irere moderate. Medium to stout were a shade dearer. THE LONDON MEAT MARKET. PRESS ASSOCIATION. NAPIER, September 26. The Colonial Consignment and Distributing Company, London, to-day cabled the following report on tho frozen meat market;—Quotations for mutton —Canterbury 4-id. Napier, Wellington, and North Island 3*d; lamb. Erst quality 54J, second sd; beef, hinds P J-d . fores 2£d.

AUCKLAND BUTTE® EKPOETS. - AUCKLAND, September 20. The freight of the Tnrakina, which mailed to-day for London, included 2001 boxes of Auckland-made butter for tho London market. It was expected that 8000 boxes would have been forwarded, but owing to the lateness of tho season and tho fact that largo quantities of butter are being pent to the South Island this could not be done. So far. 400 boxes have been sent to South Africa, POO for tho South Sea Islands and an earlier shipment of 901 boxes for Groat Britain, making a total for Sentcniber of 3604 boxes. 90 tons, valued at .£8940, compared with 3SU boxes. 80 tons, driving the corresponding month last year. In view of the largo trade .in frozen moat and butter which Auckland is building nn, it is hoped that more steamers mill mako this their final port of loading. t The Department of Agriculture is making an inspection under the Pure Poods Act of butter in city stores to see that the boxes contain tho weight 561 b, which they purport to contain. A number of factories, perhaps through inadvertence. have been sending boxes containing ■ slightly under 561 b of butter, both for export and for local consumption. As previously reported, butter for export, if in boxes containing less than 561 b of butter, -is., being stopped by the Collector of Customs under the provisions of the Commerce Act, while the State is now taking steps to see that boxes of butter forwarded for local consumption contain the proper quantity under the Pure Foods Act, which prorides for prosecution in case the contents are under weight. The departnent, however, does not intend to presents in the present instances, but only in case the practice is persisted in. Factories should,* therefore, be careful ta see that every box of butter dispatchsi to the city contains at least 561 b of butter, stripped of the wrappers. Canada supplies tho bulk of the cheese .Imported into the United Kingdom, although imports from New Zealand are expanding. Imports during the first seven months of this year compare with those for the corresponding period of the two previous years as follows;

Summarising the position of the market for beet sugar at Home, the London "Grocer,” in its issue of August 3rd wrote that extreme slackness was observable in the demand, there being no desire to purchase beyond actual requirements. Atmospheric conditions had not been favourable for consumption • still, the deliveries for Home use showed no falling off as compared with last year, which was the more remarkable considering' the slack time that had been experienced, also that quotations had been on a higher level. At the moment there seemed no prospect of any immediate revival of demand, while the approaching holidays had only served to increase the inactivity recently prevailing. Spccnla- , tion was more lively, and prices preservi ed a fair degree of steadiness, and what weakness had been apparent was unimportant, a firm tone prevailing towards the. close. Sellers manifested extreme reserve, especially new crops, and,refused to entertain lower offers. Stocks were about 370,000 k tons below those at that time last year. Refiners this week had been buying more freely, and speculators for a rise seemed more in the ascendant. Closing quotations for German 88 per cent, beet were as follow: —August 9s OW, September 9s IOJd, October 9s Bjd, November 9s 7}d. December 9s Bd, Janui nry-March 9e 9d, May 9s did f.o.b. Hamburg.

Part 11. of Trade and Customs Returns non* issued by the Commonwealth Bureau of Census and Statistics, completes the issue for 1906, The analytical tables correspond, on the whole, with those given in the .previous year’s issue. The tables referred to are comparative tables showing the trade with each country in each important commodity for the .past five years, and the transhipments, drawbacks, stocks in bond, and Customs and Excise Revenue collected in each State. A statement is also included showing the gross trade of each State with foreign countries and with other States. In regard to exports, it may. bo pointed out that a special effort has been made, for the first, time in this year’s returns, to credit each State with everything properly belonging to its trade, so far as the transhipment records admit of that being done. It would seem desirable to go much further than this, end show the exports of each State ns State of origin. It is questionable whether the mercantile community would care to be placed under the obligation of making the necessary returns, so as to *nabl© this to be accurately done.

1905. 1906. 1007. Prom— Cwt. Cwt. Cwt. .. 734,893 792,902 636:293 Now Zealand . .. 75,215 114,661 169.868 Australia ... 3,210 United States . .. 115,740 174,093 93,799 Netherlands .. 113,757 131,732 131,670 .. 31,631 26,970 27,787 Other countries 34,514 48,151 43,409 Total 1,105,7501 ,288,509 1 ,106,036'