COMMERCIAL.

Sun (Christchurch), Volume III, Issue 699, 8 May 1916, Page 11

COMMERCIAL.

LONDON WOOL SALES. By Gable. — Press Association. — Copyright. LONDON, May 5. Wool sold on Home market totalled ! 80,000 bales; on Continent, 0000; held, 7000. 'Hie markets closed very strong compared with the March sales closing. Choicest merinos advanced 5 per cent., medium 10 per cent., and faulty 10 per cent, to 15 per cent. The Russians are still taking good scoureds, otherwise all merinos are taken for the Home trade. Fine crossbreds advanced id, coarse Id, medium Id, scoureds fully 5 per cent, slipes Id, and all lambs 7.] per cent. There was a confident market and the widest Home competition throughout. The following prices were obtained for the New Zealand clips named:—Craigmore, top price 19d, average 171 d; Burling, 19d and 183 d; Paparatu, 17id and 17Jd. WHEAT AND FLOUR. LONDON, May 0. The wheat market is quiet and steady, with little demand for cargoes. Chicago May options, 1111 cents to 1135; July options, 112| cents to 114gd. Wheat and flour afloat:—United Kingdom 3,175,000 quarters, Continent 4,185,000. Atlantic shipments 807,000, Pacific nil. Total: Europe 1,015,000, Argentine 277,000, Australasia 189,000. Rabbits—The market is quiet and un changed. Frozen Meat.—Prices are nominally unchanged, but supplies are scanty. Other Quotations. —Cotton: May-June shipment 7.81U1. Jute: April-May shipment, £32 15/-. Hemp: The market is quiet. High point fair, May-July shipment, £47 10/-. Rubber: Para 2/10, smoked 2/9?, plantation 2/B]. BRITISH TRADE RETURNS. A SUBSTANTIAL INCREASE. LONDON, May 7. The Board of Trade returns for AprU, issued to-day, show that, compared with April of last year the value of imports into Britain increased by £2,04G,780, and exports by £4,048,100. Re exports decreased I by £1,803,005. I The full figures for April, 1910, and 1915, i are as follow: 1910. 1915.

CHRISTCHURCH STOCK EXCHANGE. MONDAY, MAY 8. TODAY'S QUOTATIONS. Buyers. Sellers.

Imports Exports Re-exports £75,725,008 30,817,839 8,093,449 £73,078,288 32,169,733 9,957,054 Total £120,030,330 £115,805,075 AGGREGATE OF FIRST FOUR MONTHS. 1010 and 1915. 1010. 1015. Imports .. :293,714,972 £281,670,312 Exports .. 147,508,909 110.770,328 Re-exports 31,101,201 31,729,302 Total £475,388,085 £100,170,002

BANKS— £ s. d. I S. d. 5 3 0 — N.Z. (fully paid) .. 1(i 15 0 — N.Z. (£3 0/8 paid) .. 1(1 10 0 — COAL— 0 9 0 0 11 6 1 0 (1 — FINANCIAL— Mutual Benefit 11 5 0 Permanent Invcstint. !! 2 0 — GAS— Christchurch 7 7 0 7 in u MEATS— Canterbury 8 0 II — Ditto ((> p.c. prcf.) ") 2 (! — Christchurch 17 0 0 — Ditto (£2 paid) .. .. 3 .') 1) — Ditto £4 issue (£2pd.l 3 5 0 — SHIPPING- ! 13 :: — MISCELLANEOUS— Mason, Struthers (11/0 11 3 — N.Z. Drug Co. (£2 pd.) 2 1 0 — Ditto (£1 paid) 1 2 0 N.Z. Farmers' Co-op. — 2 8 6 N.Z. Paper Mills .. ti 10 0 ! 1 0