COMMERCIAL.

Taranaki Daily News, Volume L, Issue 60, 2 September 1907, Page 3

COMMERCIAL.

THE WOOL OUTLOOK. ; /

Sydney, August 31 Indications fur the next wool season are highly favourable, There will He a strong demand for Till descriptions of wool. Never before in the history of the trade was the position sounder than to-day.

THE WOOL MARKET.: Dalgety and Co., Ltd., Wellington have received the following cable message from their London office, dated the 27th instant:—"English crossbred wool, coarse long lustrous descriptions, market firmer, owing to American buyers operating freely. The -wool market generally is very firm."

TT Griffiths and Co., dairy produce exporters, New Plymouth, are in receipt of the following market report from their London principals, Messrs. Mills and Span'ow, dated 10th July, 1007:—-

BUTTER. Weather the past lew days has been all that could be desired, and farmers are taking every advantage of the altered conditions, and are getting the hay iu as fast as possible. llanisli.—An "advance was anticipated by many, but no change has taken place. It would not surpriso us to see a slight rise next week. French.—The supply has rather increased again this week, but there is no reduction in prices. The increased quantity is not expected to continue for long, as the season is now fairly well advanced. Siberian. Arrivals this week aro about the same as last, but quality shows a very marked improvement! I This butter is being sold very clieapi.v in comparison with all other makes, and is now full grass. Buyers aro turning their attention to those, and arc taking any immeffiate|ly oil landing. There"is no doubt that | while the quality continues as so tisfac11I>ry1>ry as it N :it present there will? be a heavy trade done.

Australian and New Zealand. '— The total imports of butter into the United Kingdom show a decrease during the i past live weeks. This is largely to be accounted for by the fact t'nat Tery little is cominpr from America, or Can- | «3a. On the other hand, the stocks of secondary but! ■■■•< in cold store have accumulated", an,J ihr general opinion is that the total is considerably heavier than was the case this time fast year. ' The demand for. this grade is exceed- [ iiij-'ly slow—in fact, almost nil—the | trade preferring Irish, French, and Si- ' borian In the country districts the Home make is also heavy, and this has to be cleared almost daily. CHEESE. Conditions from last week are pricticallv unchanged, except that coloured Canadian is in'short supply. QUOTATIONS.

Butter. —DanTsTi, 109s, HOs; French,' 90s. 112s; Russian and Siberian, finest D2s, 94a, 90s, good to fine $43, 86s • 883 inferior 70s, 7Gs, 78s; Victorian,'finest salted 945, 90s, 98s, good to fine Raited 84s, 88s, 90s, inferior 765, 82s, finest unsaltcd 90s, 9Ss, good to fine unsalted 90s 91s; New South Wales, finest salted 925, 945, 90s, good fo fine salted 84a, 88s, 90s, inferior 70s, 82s, finest unsalted 90s, 98s; Queensland, finest salt?d 88s, 90s, 925, fine salted 80s, 82a, 80s, inferior 70s, 80s, finest unsalted 02s' 945, fine nnsaltcd Bfis, 90s; New Zealand finest salted 98s, 100s, good to fine 90s! 925, 945; Irish, ereatnery 100s, 102s, IOSs, factory 80s, 90s, 9Ss. Clieose. Canadian choicest autumn make, cleared; Canadian finest new make, white s'fis, coloured 575; Canadian fine now niaUe, white {sss, coloured 5(55; New Zealand, white Gls, 60s, coloured 00s. New Plymouth, 31st August, 1907.