COMMERCIAL.

Poverty Bay Herald, Volume XLVIII, Issue 15955, 17 October 1922, Page 5

COMMERCIAL.

The Bank of New Zealand advises the receipt, of the following cable from their London office, under date 13th inst: ‘ Wether market well supplied; lit tie more demand. Ewes firm. Lamb market lias advanced; present demand likely to continue. Beef firm; moderate business lias, been done. Wethers, light 7jd to Bjd, heavy 6.jd to 7d; owes, 5d to. 6d; lambs, light, to 13d, heavy 10£d to lid, seconds ll|d to 12jd. Ox hinds 4;(d to sd, fores 3d to 3^d; cow hinds 4d to 4j,d, fores 2J,d to 3d.”

Messrs Dal get y and Co., Ltd., advise receipt of the following cable from their London office: London sheepskins sales. —3575 bales Australian and 700 bales of Punta Arenas were offered, and practically all sold. There is a large attendance of buyers. Competition is good and American buyers are operating ireely. As compared with last sales closing rates —Merino J-woolled are Id to 2d higher for fine and medium qualities; merino i-yooiled are Id to •2d higher for fine and medium qualities; x-lired fine and medium full woolled are l.jd to 2d higher; x-brod tine and med. jj-woolled are to 2d higher; x-brett coarse are unchanged; x-bred fine and medium'£-woolled are ljd to 2d higher; x-bred fine and medium short-woolled and shorn pelts tire J>d higher; x-bred lambs are lJjd to 2d higher. The following is range (If . prices: Merino to i-woolled, 9d to 10d; x-bred to full - woolled, fine quality 9|d to 15d; med.' and coarse 5d to 9£d; x-bred i to iv.oolled, fine quality 63d to 10jd, med. and coarse to 7|d; x-bred short and shorn s£d to 6j(d; x-bred lambs '6fd to lid.