COMMERCIAL.

Star (Christchurch), Issue 6137, 25 March 1898, Page 3

COMMERCIAL.

The New Zealand Loan and Mercantile Agency Company, Limited, has received the following cable message, dated LONDON, March 23. Wool. — The sales progress firmly. Since close of last sales the folJ owing descriptions have altered ih price as under :— Merino— - Washed and scoured super, scoured medium and inferior, ld per lb higher; greasy lambs, medium and inferior, par to id per lb lower • slipe, greasy and washed medium and inferior, id to ld per lb higher. Cross-bred.— Fine greasy, id to ld per lb higher ; slipe, medium greasy, medium washed and scoured, coarse greasy, washed and scoured, are par to id per lb lower. Other descriptions unchanged. The total quantity catalogued to date is 91,000 bales. Frozen meat. — Mutton market firmer ; l Canterbury, Southland ' and Wellington mutton are worth respectively 3|d, 3-Jd and 2|d per lb (last quotations were respectively 3§d, 3d and 2£d). Lamb market weak. ' Canterbury lamb is worth 4Ad (last quotation was 6Jd). Rabbits are quoted at lOd each, ex store (last quotation 9d). Tallow. — Market quiet. New Zealand fine mutton and good beef are worth respectively 22s 6d and 20s 6d per cwt (last quotations 22s and 20s 3d respectively). Messrs Dalgety and Company, Limited, have received the following cable from their London office under date March 23 : — Since our last telagram mutton and mixed tallow are unchanged, and beef tallow is a shade easier. The demand is poor at these prices. Buyers are waiting for lower prices.

TPer Press Association."! NAPIER, March 24. Messrs Nelson Bros, received the following cablegram from the Colonial Consignment and Distributing Company today: — "London, March 23 — Prime sheep very scarce. Quotations— Best Canterbury 3 id, Napier and North Island 2|d. There is a further heavy fall in frozen lamb, first quality is selling at 4|d, second quality at 4£-d. The market feels influence of heavy supplies."

Papa: "So Emily now stands at the head of her class in French ?"• Mamma: " Yes. She and another girl were exactly even in the written examinations, but it was decided that Emily shrugged her shoulders the more correctly."