COMMERCIAL.

Poverty Bay Herald, Volume LII, Issue 17089, 19 July 1926, Page 2

COMMERCIAL.

CHICAGO WHEAT. WORLD ’S WHEAT CROPS. jEkc. Tel. Copyright—United Tress Assn. (Australian and N.Z. Cable Association.) . WASHINGTON, July IS. The prospective wheat crop in ■twelve countries in (lie Northern Hemisphere is 1,887,000,000 bushels, compared with 1,880,000,000 bushels according to revised forecasts by the “Department of Agriculture. The United States led in the Northern Hemisphere in the total increase in European and American crops. Decreases in twelve countries include the United States, Canada, Spain, Hungary, Bulgaria, Rumania, -Morocco, Algeria, Tunis, India, Netherlands, and Corea. The Canadian crop forecast is .‘l4s,026,000 bushels, compared with 41],376,000. bushels last year. Other Canadian grains also show decreases from last venr's estimates. CHICAGO, July IC. Wheat quotations: July, Iff) cents; September. 145; December, 148}. FROZEN MEAT TRICES. (Australian and N.Z. Cable Association.) LONDON, July 17. Sheep.—New Zealand, Canterbury, Southland, 6£d, North Island Gs 3; Argentine, light 4}d, medium 3fd; Patagonian, light 4pi, medium 4fd. Lambs: Canterbury, light o}d, medium 81d, heavy Sfd, seconds Bjjd; other selecteds, light Od. medium Bjjd; Xorih Island, firsts and seconds Sjjd; Australian, Victorian, firsts, light Bfd, medium 83d; other Stales, firsts * light 7.3 d, medium 7d; Victorian, .seconds Sd; other States 7}d; all States, thirds 73d: Argentine, firsts, light Bd, medium 7}d, seconds 73d; Patagonian. firsts,, light B}d, medium 7}d, seconds 71d. Beef (frozen): Australian, nominal crops 31d, hinds s]d. Beef (chilled): Argentine, fores 3]d, hinds 31 d; Uruguay, fores 3d, Jjimis old; others unchanged. . Messrs. M. A. Eliott, Ltd., have received cable advice from their London agents of the following prices for the week ending July 16 : —“ Best North Island prime lambs, U/36 B|d, 36/42 B}d, .42/50 8cl; ordinary North Island lambs, U/42 8-2 d, second quality, U/42 B|d; best North Island wethers and’ maided ewes, 48/56 Old, 56/64 6}d. 64'72 s}d, 0/72 6}d: ordiuarv North Island wethers and maiden cues. 48/56 6tl. 56'64 6dy 64)72 sd, 0/72 sd; North Island ewes, U/64 4|d, 64/72 3|d, 0/72 3|d; New Zealand prime ox beef (equal fores and hinds), 160/220 4}d. Remarks Lamb par to jd lower, wethers no change, ewes no change, beef no change.”