COMMERCIAL.

Wairarapa Age, Volume XXVIII, Issue 7936, 9 January 1906, Page 3

COMMERCIAL.

LONDON ITEMS. By Telegraph—Press Association. Receiver! January 8, 7.25 a.m. LONDON, January 7. Wheat —Eiaht thousand quarters Sonth Australian, January shipment, sold at 32s per quarter. The American visible wheat supply is 69,867,000 bufhels. Hemp, firm. January - February shipment, £3l 10s per ton. Copra is hardening. October car goes sold at 16%. Linseed oil, 23<£. Eabbits, flat. Unchanged. Frozen Meat. Sbe«p Canterbury light, 4%d per lb; medium, 4Jgd; heavy, 4d; Dunedin and Southland, none offering; North iHland, 3 15-16 dto 4 l-16d. Lambs —Canterbury, 4)£d per lb; Dunedin and Southland, aud North Island, none offering. Beef—Fores, 2%d per lb; hinds, 3%d. River Plate sheep, heavy, light lambs, none offering; beef, fores 2%d, hiuds 3d. (The Frozeu Meat Trade Association's quotations for frozen meato are based on actual sales of not less than 100 carcases of mutton or lamb, or 25 carcases of beef of fair average quality). HIGH COMMISSIONER'S REPORT. f WELLINGTON, Jan. 8. » The Department of Industries aud Commerce has received the following cablegram trom the High Commisioner, dated London, 6th insfe.: Mutton.—The market is firm; the average price to-day for Canterbury beinc cer lb: for other and North Island 3%d per lb. There has nern no alteration in the lamb market since last report. Beef.—The market is very null. Stocks of New Zealand beef on haDd are light. Tbfi average price to day for hindquarters of New Zealand beef is Z}o per lb, fores 3d. Butter.—The market is very firm, with a good demand. The average price of choicest New Zealand butter to-day is 118s per cwt, Australian 116s, Argentine 115s, Danish 1275, Siberian 109s. Cheese.—The market is very firm with a good demand at 63s per cwt. Hemp.—The market is very firm ana a good business has been done. Ibe price of New Zealand hemp 'good fair Wellington' grade on Bpot to day per ton is £32, January to March £3l 16s, The price of Manila hemp, "fair current gi-ade," oo SDot per ton is £3l 10s to £4l. Buyers are not keen to do business in cocksfoot seed, but the market remains firm notwithstanding. The average price of bright clean New - Zealand cocksfoot seed, weighiug 17ib3 per bushel, on spot to-day is 53s per cwt. New Zealand long-berriad wheat on spot ex granary per quarter of 496<b is 31s. New Zealand shortberred wheat on sf ot ex granary per quarter of 4961b is 30s 6d. Supplies are nearly exhausted. New Zealand oats short sparrowbills, ex gransry on spot per quarter of 3841bs are 255. New Zealand oats, Danish, ex granary per quarterof 3201 bs on spot are 20s. The stock is small, but the market is firm with an upward tendency. New Zealand beans, the fag of the old crop, per 5041b5, are 34s 6d. The market remains firm. New Zealand peas, Partridge, per 5041 bs are 38s. New Zealand peas, blue, per quarter of 504bt? are 31s 6d. The market is firm with an upward tendency. Wool.—The market is quiet, but steady, and there is good demand for all descriptions. The market has been unfavourably affected by the report that has been generally circulated that prices have declined at the colonial sales. Current Bradford quotations are:—for tops 36's, low crossbreds, Is 2 l-3d; 40'e, low crossbred?, Is 44's, medium crospbrodp. Is 4 l-3d; 50's, half-breds. Is I%&\ sG's, qnarterbreds, Is 9%; 60's, merinos. 2s 1 V«d.