COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 288, 30 November 1908, Page 4

COMMERCIAL.

LONDON MARKETS. London, November 27, Wheat.— The markets are quiet. 1 nees are practically unchanged; 38s was asked fur an Australian November shipment, 38s !M lor January-February shipment by sailer, and 37s "for a Jan-uary-February steamer shipment. 1- lour.—The market is firm. Australian is offering freely. January-February March shipment is quoted at 28s 3d to 28s tid at Clasgow. but buyers are not inclined to operate. liabbitskins.—The markets are goon. There is keen demand from the Continent and America. Prices show an average advance of l'/ 2 . Butter —The market is Hat. Owing to extraordinary "open" weather iii some parts of England the factories are producing more than in June. Manv of the retailers are unable to take colonial supplies as they still hold stores of Siberian which they purchased when reports of an Australian shortage were current. Quotations:—Danish 112s to 120s; choicest Australian 108s to 112s; New Zealand lUs. Cheese.—New Zealand 58s. Canadian 3!)s to 01s.

Copper—On the. spot .€O3 los, thre

months £O4 12s Od. Electrolytic cop per £OO ss.

Tin.—On the spot £133 17s Od, three months £137 12s (id. Lead, £l3 8s Ud. .Silver, 22% d. Iron, 40s Od. Sugar.—The market is steady. Orman los 3d, first marks 12s. Wool.—The Bradford wool market .'; dull. Common sixties 23yid. super 24'/od

Kauri (lum.—Ac the sales 577 case? were offered and 120 sold at full recent rates or higher. Three-quarter-Scraped 16d. LONDON WOOL SALES. London, November 27. At the wool sales the fleece portion of the Ngaturi clip was sold at Sd. There was animated bidding from ali sections of the fade. Full opening rates are maintained.

LOXDOX MARKETS. 'Messrs. Dalgety and. Company Ltd. report having received the following cable message from their London House imdei date of the 2lith instant: Tallow.—Since our last wire prices in general are (id lower. There is scarcely any demand for the best descriptions. Frozen Meat.—There is a slightly bet ter demand for frozen beef at unchanged juices; poor demand for frozen mutton at prices somewhat in buyers' favour, and a poor demand for frozen lamb. Since our last wire prices for frozen lamb are %d per lb lower. Rahbitskins.—Result of to-day's sales —since our last wire prices are %d to Id per lb higher. Wellington, Xoveraber 27, 190 S.

XEW PLYMOUTH HIDK. WOOL, SHEEPSKIN" AXD TAIAOW *ALE.

L. A. XOLAX'S REPORT. We held our monthly sale of Hides, etc., on Wednesday, November 25th. A good catalogue, was submitted to a full complement of buyers, and competition was keen right through, particularly in calfskins—at one time the latter reaching a price which, as far as we know, never surpassed in Xew Zealand, viz. B%d. Hides showed an advance on last month's quotations, particularly in light anil medium sorts, while heavies were very linn at last niu.i.ii', rates. Full woolled skins were not represented in large quantity, those offered were on a par with Southern quotations, and we sold every line offered. Tallow held 1 about last month's rates. We quote: Hides—Cow butchers light i% to 4%, medium 4% to 4%, heavy 4%, no extra heavy offering. Ox, butchers light 4% to o'/ s , medium 5% to tiy K , (no stout offering). Settlers cow sound 3% to V/.. ox 4% to 4%. cut and slippv 3% to 3%. Calfskins—Best 8% to 8%, good J% to "'/i, 2nd grade <>%, heavy 8%, cut o'/s. slippy 4%. yearlings 4% to'.i%. slinks lOd. each.

Sheepskins—Pelts salted lOd to Is 7d lambs salted Is Id to Is tid, woollv salted 4s t « 5s Id, dry 3s !M to 5s 3d, according to weight. Pelts, damaged 3d to Is Id, settlers is to 3s !>d. damaged ad to 2s Bd.

■Wool.—Hale-, l'air medium oro.-slir.'d S'/s to '>'%. inferior 4% to s'/ 4 , log-stain-ed 4M... matted 4'/,.. Rag,. Malted 4'/.. crossbred i% to 5V 2 . locks ]«(,. pieces -"/*■ Tallow.—Casks 22s iid to 235. Tins 225. .Sundries.— liorsclmir Is. ' CowtailIs tid per dozen, horse-tails Ud each Bones' « 15*; New Plymouth. XiiYeiiiher 2Sth, litOS. Owing to date arranged for next month's sale (Dec. 23 rd.j by Wool Brokers' Association falling in too close proximity to Xnias holidays for convenience of buyers it has been abandonedOur next sale will be held on .Tanuatv 20th. 1900. STRATFORD HIDE, SHEEPSKIX WOOL AXD TALLOW SALE.

Young, Hobbs and Co. report:—On Tuesday 24th. we held ouf usual monthly sale of the above produce. We had a full catalogue of all classes except tallow, of which wc only handled two casks. Buyers were in atendauee iron) all parts of the Dominion. Producers may continually rely upon the best competition for all classes of above produce. Wool showed a rise of 15 to 20 per cent for all classes of good wool, inferior lots improving fully 7 ■/& to 10 per cent above recent sales. Sheepskins advanced 5 to 10 per cent, while hides, calf skius and tallow maintained full recent rates.

Although this .sharp rise in wool looks permanent, we think all farmers with small- clips would act wisely in submitting their wool at the local sales before shipping nn to l/>ndon. We have enquiries from representatives of Home manufacturers, who having secured portion of their employers' requirements wish to consign direct to the port nearest the manufacturing centre. We quote:— : \Vool.—Fleece :)■/„ to 5%; pieces 3 to 3%<1; crntchings 2 "to 2%d: locks l'-y 4 d. Sheepskins.-P.. woollies 5d to ,V/,d; 1!. medium 4'/,d to 4%d, settlers' woollies 4d to sd: 11. I'elts Is 2d to Is 4d lamb Is (id: salted pelts Is 4d; salted woollies 4s4d.

Hides.—l!. cow medium 4%d to -1%; 1!. o.v light 4 to 4%d: set. part dry jy, ox cut 3%; cow cut II 1 /. to :\% ; cow cut and slippy 3; slippy 3'/.,: yearlings d'/sCalfskins.—Cood' 7d. medium o'%d. small (i'/jd. cut 4%d. slippy 3%d. Horsetails (id per lb. Cowtails Is Id per dozen. Horsehair Is l'/A.