COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 185, 27 July 1908, Page 4

COMMERCIAL.

LONDON WOOL SALES." Loudon, July 24. At the wool sales the following prices were obtained for the Jlcecc portion.; of the New Zealand clips named:— "i'erndale" !)d, "lt.S. over T." T%d. The demand for merinos is still strong. The sale of faulty erossbreds is slow?r and prices are slightly lower.

LONDON MARKETS. n London, July 21. Wheat—The market are quiet at late rates. The smallness of supplies is likely to cause continued firmness. Cargoes are strongly held. A price of 3Us 7d was paid for an Australian pared ailoat. Flour—There is better inquiry for flour. Prices show about sixpence ad-

vance. Butter—Market firm. Danish 1235, New Zealand 114s. Australian stocks are practically exhaused. Cheese.—Market firm. Prices unchanged. Copper —On the spot £SB 12s GJ, three months £sl) 7s lid. Electrolytic copper £59 10s. Tin —On the spot £137 ss, three months £l3B 10s.

Lead, £l2 17s (id. iron, 50s Id. Sugar —Market quiet. German 10s lid, lirst marks 12s 7d. Wool—The Bradford wool market is exceedingly slow. Conlidence in the London sale values is lacking. Common sixties 23'/.d, super 24'/ s d. These prices are nominal.

DALGETY & CO.'S REPORT. Dalgety and Co., Ltd., Wellington, have received the following cable messages from their London ollice, under date of the 23rd inst:—

Butter—The Copenhagen official quotation is 1 kroner (about )s l'/sd)ppre r iwt. higher. The total imports of butter into the ['nitcil Kingdom for the week en 1ing 18th inst. amounted to !)B.ooocwt/,> as compared with SO.OOOcwt. for the corresponding week of 1007, showing an Hicrease of OOOOcwt. Market for Danish hotter is weak. The advance is due to local conditions. Other descriptions of Milter are steady. We expect a considerable shortage here during Septembe", October, and November, anil prices may lie very high. It is, however, too ear y tu make a reliable forecast. l''rozen meat- The market for lamb is weak, and there is a downward tcndencv. Motion: Market dull anil tone generally easier. The beef market is souiewlut finucr.

Tal|ow —Since our last advices prices for mutton tallow are unchanged. There is an advance of fid per cwt. oil lo\V (|unlilics of other descriptions.