COMMERCIAL.

Stratford Evening Post, Volume XXXII, Issue 1, 11 December 1911, Page 5

COMMERCIAL.

WHEAT AND FLOUR

(Received 11, 8.20 aim.) London, December 10

The wheat and flour afloat for the United Kingdom is 2,285,000 and for the Continent 1,260,000. Atlantic shipments 251,000, Pacific 15,000 (total for Europe 1,125,000), Argentine 25,000, Russia 300,000, Dannbian provinces 181,000, India 121,000, Australasian 97,000.

ORIENT STEAMSHIP CO

(Received 11, 8.20 a.m.) London, December 10

Tho report of the Orient Steamship Company shows a profit of £174,751. A dividend of 5 per cent on deferred capital is declared. Thirty thousand pounds is placed to repair and renewal account, £50,000 to the under-writ-ing account, £50,000 to the general reserve, and the balance, is carried forward. THE MEAT MARKET. ' London, December 9. Sheep.-—Canterbury and Southland, unchanged; North Island, 4£d; best brands . 4 3-16 d; New? -Zealand . owes, unchanged. /K- : Lambs.—Canterbury, light:and- medium, 5 5-16 d ; heavy, 4fd ; Southland and North Island, unchanged. Beef.—Fores, 2,11-16 d ;■ hinds, unchanged ; chilledifores, 3d, ihinds! .41 d. * Rabbits. rdFiamland unchanged./ u !

LONDON WOOL SALES

London, December 10. The wool sales have closed at the highest point in tho series. There has been good competition in all quarters, especially for merinos. The- Home market took 57,500 bales, the Continent 51,0 00, and the United States 7000, 10,000 bales being held over. There was a buoyant tone throughout the series, and competition and prices were steadily sustained. /..The Germans were keen operators, chiefly for merinos, and .the, Americans.-particu-larly operated in crossbreds. There was’ an excellent! representation of merinos . Scoureds were fully 5 per cent, above the,September rates; best greasy combings par; faulties par to sper cent, below; goods lots medium shabby crossbreds, 10 per cent .above; lino crossbreds, also shoes and scoureds, 5 per cent, above September rates . Lambs wool sold at par. LONDON QUOTATIONS. (Received 11, 8.55 a.mi) London, December 10. Copper: Spot, £SB 18s 9d; threo months, £59 13s 9d; electrolytic, £6l 2s 6d; American stocks ti11,785,0001b. Tin: Cash, £203 ss. Copra: Flat. South Sea bags £23 12s Cd. Kauri; Stock, 371 cases. Cotton: DecemberJanuary shipment 4.84 d. Hemp: Dull. November-.] anuary shipment £2O. Jute : Decern her- January -shipment £l9 ss. Rubber, 4s sid. Wool: Aranui, top 9Jd, average 9.}d; Glenary, top Hid, average 10|d; For the January and March series the offerings are not limited.

M.Z. Loan and Mercantile Agency Company’s Report.

The New Zealand Loan and Mercantile Agency Company, Limited, Stratford branch, report:— We held our last springing heifer sale of the season on Saturday, December 2nd, in our Stratford yards, when there were about 50 heifers and cows yarded, all of which realised gocd prices, under fairly keen demand. Heifers, fair to medium quality, 105 s, and for better sorts, well grown, 162 s 6d; cows from 115 sto 167 s 6d, and for good Jersey quality up to 200 s was realised.

We held another combined sale in our Stratford yards on Tuesday, sth instant, when there was a total yarding of 1952 head of cattle. There was a very large attendance of buyers. Prices realised were as follows: Yearling heifers 5s to 68s 6d for Jer-sey-Holstein cross, yearling steers, 42s to 595, mixed yearlings (small) 43s 6d. empty heifers 73s to 80s, 2 year old heifers (fair quality) up to 955, bulls 44s to 105 s, store cows 42s to 70s, forward cows (for which there was a good demand) 93s to 97s 6d, and fat cows made from 100 s to 110 s, and dairy heifers from 97s Gd 'to 112 s 6d. We held our Kohnratahi sale (which was postponed from the Ist inst.) on Friday, Bth inst., when there was a fair yarding of 335 cattle and 81 sheep. There was a fairly good attendance. Prices were up to the usual standard, and were as follows:—Yearling steers from 51s to 59s 6d, yearling to 15 months heifers 545, 2 year old steers up to 86s 6d, forward cows to 90s, cows and calves to 91s, fat owes made 12s.