COMMERCIAL.

Taranaki Daily News, Volume L, Issue 61, 29 October 1907, Page 3

COMMERCIAL.

SYDNEY WOOL SALES. Received Oct. 29, 0.13 a.m. ... ~ Sydney, October 28. At the wool sales, bidding was brisk and prices firm, equal to last week's rates. Greasy touched lad. THE BUTTER MARKET. . Sydney, October 28. Ihe price of butter has advanced a further 2s per cwt. to-day. HIGH COMMISSIONER'S CABLE.

Per Press Association. „ Wellington, Monday, ihe Department of Industries and Commerce has received the following cable from the High Commissioner at London, dated October 2Uth:— Irozen meat—There has been a letter tone in the mutton market this week in anticipation of small shipments from New Zealand. Itivcr Plate mutton is in large supply, and is being pushed for sale at 3d. Canterbury mutton 3%d -North Island 3</»d. The lamb market is steady. There is a good demand for prime quality, but dull sale for heavy carcases. Canterbury lamli s'/id, other than Canterbury s '/„d. The beef market is weak. There are heavy supplies of River Plate beef. New Zealand hindquarters 3%d, forequarters 2%d. Butter—The market is very linn, and excited by a speculative demand owiii" to the expectation of small quantities coming foreward. The supplies on hand are small. Choicest New Zealand POs Danish 128s, Siberian 110s.

Cheese—The market is quiet. Tlie tendency is in favor of buyers. Canadian manufacture, 64s for colored makes and 6;3s for white.

Hemp—The market is dull. Heavy shipmenU are , rom Manfli. j lie American disturbance affects the mark-:; ver/ seriously, iurreir. quotations are: Uoud-faiv grade tba s'iot •t'29 fair grade on the spot .C2 _ , io», fair '.urrcnt Manila ou the spot £2[) Octuoir-Di<enitier saipments gr-'j-fair tirade £27 Ids fair gtg.Jo Xii 10s fair current Manila £2S per toi. Cocksfoot seed—The market is quiet. Buyers are not keen to do business. There has been no change in prices since last week.

Wool—The market is firm generally and there is an active demand.

LONDON MARKETS. Dalgcty and Co., Ltd., Wellington, liave received the following cable advices from their London oflice, dated the 24th instant:— Iluttcr.—The Copenhagen official quotation is 5 kroner* higher (about 5s tid) per cut. .Market (inn. The total imports of butter iuto tlie United Kingdom for tlie week ending the 19th October amounted to s!).oUUewt, as compared with 78,(H)()e\vt Tor the corresponding week of 1900. Australian finest 118s to 120s, unsalted 120s to 1225.

Frozen Meat.—Market unchanged. Tallow.—Since our telegram of tlie I7th instant prime mutton tallow is higher by 3d to 6d |>er cwt. Other descriptions, higher by 3d. Rabbit-skins. —The sales closed very (inn, with an occasional improvement opening rates, with the exception of Australian suckers and inferior sorts. Trices for Australian rabbit-skins in general are lower by y.,d per lb. New Zealand prime winter rabbit-skins: Prices are ratlief higher. Mived seasons: Any change in prices is in favor of sellers. Out of 3718 bales offered 3585 were sold. Wellington, 25th October, 1907. Mr Newton King's weekly cahlc advises that hides are firmer in SyiTney.