COMMERCIAL.

Poverty Bay Herald, Volume XXXIII, Issue 10571, 24 January 1906, Page 1

COMMERCIAL.

« (Press Assn. — By Telegraph — Copyright.) LONDON, Jan. 25. At the •wool ,-?a!es there was keen competition for all sorts at top prices. SYDNEY, Jan. 23. At the wool eales there was brisk competition for best greasies, which touched Is lid. WELLINGTON, last night, Tho Department of Industries and Commerce has received the following cablegram lrom the High Commissioner: Tho mutton market is a shade weaker, competition among River Plate holders affecting the market very ncriously. The average price to-day for Canterbury mutton is 4£d per lb, of which there is a very limited supply. Tlie average price to-day for other North ' Island mutton is 3j}d per lb. The supply meets the demand. The lamb market is very quiet, there befog nothing doing m this .season's lamb. The average 2>rico to-day for New Zealand lamb, Canterbury brand, is 5d per lb. The beef market _ very dull. Stocks of New Zealand beef on hand are light. Supplies of River Phute beef are increasing. River Plate chilled hinds, 3^d per lb ; fores, 3d per lb. The butter market lias declined, there being less demand. Buyers are holding back, expecting prices to go lower. The price of choicest New Zealand butter to-day is 114s per cwt, DauLih 119s, Australian Ills, Siberian 108s. Tho cheese murkct is .quiet, but holders are firm. The market prospects are uncertain. The present market quotation is 63s per cwt. The cocksfoot i_cd market is linn. Tho average price for hvigijit, clean New Zealand cocksfoot seed •weighing 171 b per bushel on spot- to-day is 535. A few inquiries aro being made by siieculalivc buyers for cocksfoot seed. ' The wool market is .steady, and prices are well maintained.

LONDON, January 21. Wool : Good inquiry at Bradford for all classes ; common 60's 24|d, super 25£ d. The "Gear" clip realised Is Id. Wheat : Light eliipments owing to bad weather iv the Argentine aud drought m India have caused general activity m the wheat markets. A cargo of 11,000 Victorian January shipment 325, Australian spot small supply 355, New Zealand scarce, unchanged. Butter: Mild . weather, the elections, and high prices have checked inquiry. New Zealand 112s to 114s, Australian 110s to 112s, Danish 117s to 120s. The relapse is not regarded as serious and an early improvement m the demand is expected.