COMMERCIAL.

Taranaki Daily News, Volume L, Issue 61, 15 October 1907, Page 3

COMMERCIAL.

SLl'Ml' IX AUfcliiCAN STOCKS. \ork, October 13. 'i'tiere is a slump un the. Nmv York r-nk ttxchange similar to the March p'ilic. It is duo to a rumor tluvfc Mr. i rrinuiii is redlining his holdings in l.uiway stocks. Mr. llarriman denies* l:i• * rumor. i;i:rnsn wheat mop. London, October 13. j 1 -i'* fm.rl e--i iiuati' Oi the wheat , crop is V's.'2 per cent. | SVJ).NJ:_ WOOL SALKS. ! Received Oct. 15, 1.10 a.m. j Sydney, October I t. Al ihe wool sales to-day over 10,0'10 j -s wove eatalogued. Competition, al- ( though -.aj isl'aclory, was not so keen as |l.! .t \\vek. There was little alteration j in jvuvs, but there was au easier tenj deney. i UIVDOX markets. I l.ontlon, October J.I. I Foreign meat.— Light Canterbury mutt n ' , ' ill ;'iT N«rth Island y% ( |, rest ; Ui'-. a, lU;; d. Lambs: Jleavv Canterbury : ]: > ]il l unaltered. River Plate ! '")' I p'- : ..| ! ' , ' aV ' V I'orequarters market is firm at about i <i(l ad\ance for h-st. Some recent arj ii\aU are in bail conditio]!. Shipping are paying Hie claims for damages Zealand hemp.—The market is lirm. with pn«- unchanged. I'Mrs are neglected. ' The bulk have been wdhdravn. A few Svdney extra heavy :'i,ld at i;v,d. k"' ; her and basils.—The market is j /'• — Kiglil tliousand (juarters of ; \ ietnrhn, September-October shipment, sold at Alh Od. | Copper.— On spot CHI, three months j CoOiNud. Kbcti-idylie ropper, £G3 ins. ; tin.- On iho spot ,t!141 10s. three months ,Ci.!!) ius. The depression in I tin 1 price of tin, is due to liGavv bear ! Lrail._ €l9 10s. Imports, 13,078 tons; [Australian, 2UOI toils. Exports, 4703 i tons. I Silver. Ss^d. . Copra is hi better demand. South Sea, ! ein 12s fid. ttaihi G-ddmine s,—iinyers offer I OS Is :>.(], filers ask es :is <kl, i Da and Co., Ltd., Wellington, have rcreivd the following ruble messages irom their London house, under date of [he Huh instant: Ibnter. Market firm. The Copenhagen official quotation is higher by 2 kroner (about 2s :idl per cwt. The total imports of butler into the United Kingdom lor week ending sth inst. amounted to (Ni.OOftcwf, as compared with 85,000 cut for the corresponding week of 1000, showing a. decrease of IO.OOOcwt. Fn»:en Meat.—Frozen mutton: Prices are wak, and we expect a decline of about Vjd per lb. New Zealand crossbred frozen lamb: Prices are unchanged. There is more demand for frozen beef, but at lower prices. Tallow. Tallow in general is unchanged. Fair demand for spot parcels, but there is less disposition to do busi no?*. Wellington, 11th October, 1007. ITfCTI COMMISSIONER'S REPORT, Per Press Association, Wellington, October 11. The Department of industries an.l Commerce has received the following cablegram from the High Commissioner at London, dated October 12: Mutton —The market is weak. There is, however, speculative baying, induced by the lower prices, lliver PJale mutton is in large supply, and is being r-trongly pushed for sale at 3d. Canterbury mutton 3%d, North Island 3'/ a d. Lamb—The market is firm. The weather continues favorable for sales. Stocks on linnd are light and are firmly held in a few hands. Canterbury brands ->«/ pl, other than Canterbury 5 J / S d. Beef—The market is weak, the supply exceeding the demand.. Hindquarters 3%d, fort-quarters 2%d. Mutter—The market is very firm. There, is a general and active demand in anticipation of small supplies coming forward. Choicest New Zealand 114s, Australian salted 114s, Australian baitless 11 (is, Danish 110s, Siberian 104s. Cheese—The market is very firm. Prices are advancing and the demand is active. Retailers have combined to adv.mee a! one'- to "V-jd. The* prospects lor ni'xt are encouraging. Canadian eiieu-" <Ms iind (i'ls foi' colored and while makes re-pectiveJy. Hemp—The market is quiet, and only ■ mall hn-'ie--. is being done. Reports 11111 i! Ahuiihi indicate that heavy shipin nis of Uemp are expected from there. New Zealand good fair grade on spot V'o'i JOs. fair grade C2B 10s, fair current Manila K'te HU; (Mober and December shipmenN.. good fair .00, fair grade C:*-S, fair current Manila U3O lUs. Cocksfoot >eed —The market is very firm and a'live, owing to advices of small rhipmea'H. There are only light ,-ti't-ks of seed on hand. Bright clean 17lb parcels To-. Wool--Current quotations for Bradford tops:3(Vs (low erossbreds) Is 3%d, -Hi's (low erossbreds) Is 4'/>d, 45's (medium erossbreds) Is sVid. aO.s (halfbreil-.) Is IOVi-d. r>i;'s (qnarter-breds) 2s l'/.d. (ili's (merinos) 2- 4^^,!. DAIRY PRODUCE REPORT. Messrs E. OrilUths and 00. are in receipt of the following market report from their Loudon principals, Me-srs Mi!!* and Sparrow, ditcd August 30th, 1007: Butler. —Since our last report we have bad a period of fine sunny days with a Danish: The efforts that wore, being ma-le to bring prices down have at last bi'i'ii r-uccessful, and the quotation has been reduced by throe kroner. Trade certainly has been rather quiet in the north, chiefly owing to the holidays, -which are now drawing to a close, but this certainly does not justify a drop at 1 his time of tile ypnr, and it seems to us that a rise will very shortly take place Irish: A! slightly oa-icr figures there is a good demand. Quality keeps i;p very well indeed, but we must soon look {or a falling off, aUo for u consi\\- ' erablo decrease in supplies. ; French: There is an excellent demand Jand markets arc firmer. Quality shows |an improvement, and we should nut l c surprised to ,see 'higher [prices next) week. Australian and New Zealand: The "bears'-' are making as much as p f >ss : bl" on* of the fall in Danish, 'but we have already mentioned this move on the part, of the Danes seems to be a great mistake, and we expect firmnr markets nil round next week. The supplies of finest, quality from Ireland and France l vi!l. from now onwards, be decreasing, and as iherc is no accumulation of finest butter we fully expect that buvcra will iiud it very dillic-ult to fill their requirements. There is, therefore, bound to be a large demand for the new season s colonial, and the trade generally will be realised. Siberian: This week's arrivals comprise about lO.Ofn r:! d-s. but the quality generally Speaking is not satisfactory. I he butter, however, is fairlv well. h . Cheese.—A great deal of speculation is going on in Montreal, and prices "have in consequence been forced up London values. The tnde hero, however, (lnes not respond and prices ir t . tirnoHeally unchanged. Quotations. flutter: Danish, ]iw. His. Ills; Freneh, AOs, 112s: Russian and Siberian, finest, OR OH-, jln fine Sis. Sfis, R9s, inferior 70s Ros : Victorian, finest saited. none offeiW, !/ond fo fine B?.s, fl2«. nn-:aHed. uono offerm;;. njood to tine nn'""'••l !,3s <W«! fimflt Wales (rood to fine snlfel SSs. ilfls. flf, mwalled infls. 102s; Oneensland. finest sr.llcd fl-2s (Its dfis, fin,, sailed S-'s fiiK-t nrr ; nl!.,l, nils. [ISs IfiOs. fine „n----salle.l 02s fl4<: N'ew Znalnifl. finest silted infs lOfis. mod fo fine flts t)3s-Iri-li. creamery 102, ]fMs. IOSs faetorv sns. oris. 98s. Plieese.—Canadian: Finest new make, while ofis. occasionally 575, colored 57sj Ke\v Zealand: "Wliite 00s, Gls. colored fils. New Plymouth. October 11th, 1007. v -.-.-|.,n Klm-s werd.-lv cable from " "dv! ■"< that light hides are