COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 324, 15 January 1909, Page 4

COMMERCIAL.

I THE UXIO.N BANK. ! London, .liiiiuai'v 13. 1 A Union Bank dividend nl' 111 per cent •and a boiius of 2 per cent, have been declared. The sum uf .11(1,1)110 has 'been written oil' the colonial premises •account, £20,0(10 added to the reserve fund, and ,07,000 carried forward.

LOXJJON JLVIIkETS. i Loudon, January 13. The Antwerp wool sales have opened. There i.s good competition, on English amt (ieriuau account. Prices are iniVroving, with air advance of 5 to 10 ■centimes for merinos, ami 10 centimes for erossbrals. 1 Two thousand ami liflv bales of La Plata wool were ollVred and 1302 bales sold, while u further 250 were sold after the sales were over. ' At the tallow auction, 875 casks were oll'ereil for sale ami 450 were sold. .Mutton, line 3s Oil. medium 30s lid; licai, line 32s 3d, medium 30s. Silver, il'/ 4 d. Lead. .CIS 3s Oil. Imports, 211,70!) tons, tiie Australian consignment being ■7004 tons; exports. 3255 tons. Hopper—(la the spot CI 12 ss. three months Cli 3ls 3d. Kloctrolvlic. Clili. Tin-Spot C 125 15-'. three mouths ■CI27 7s dll.

The American visible supply of wheat is H3.5.53.1H10 bushels. .NOLAN AND CO.'S IiKI'OKT. Nolan and Co. report:--I'uultrv—We had our lir-t sale for Hi;' year on Saturday, which was well attended and prices were satisfaclorv. Hens Is lid to 2s 5,1, cockerels Is Id 'to 2s. turkeys ss, ducklings Is Id to Is l)d, chickens (id to lid, ducks Is 9d to 2s. roosters 2s to 2s 3d. Fruit-Fruit is arriving in large quantities and improving in prices. Burbankf 2s to 4s, Akarana Is !ld to 2s Gd, Orleans 3s: peaches 3s Od to 4s (id; tomatoes 10s to 21s for Nelson, local V/A per lb. furniture and mart sundries sold at usual rates.

: DAIRY PRODUCE MARKET, ' Messrs. E. Crilliths & Co. are in receipt, (if tin- following lnitti-r market report frimi their London principals, .Messrs. Mills & Sparrow, dated November 25, IMS:—Unfortunately for the 'butter trade we have liad a' continuance of the line weather which has been prevalent for so lengthy a period. i Butter.' ' Danish.—Quotation lias been reduced 5 kroner* in consequence, of the slow trade in England, more particularly in the North, Buyers nro taking hold a little more freely at the reduction. ' Siberian.—The quantity of freshlyniade butter is less. Arrivals last week were 7,500 casks, this week only 3,351) casks-less than half. We are credibly informed that the make in Russia is decreasing, French—Reports from, France are that from now on the quantity coming into the various markets will lie decreasing, and that the unusual conditions that have now existed [or sonic weeks will soon alter, Prices have been reduced for most (mules of both salted and unsalted baskets and firkins, hut the price of fresh unsitltcd rolls remains the same, although en sonic of the lower qualities concessions have been made to induce 'larger orders. ~ ' Irish. —Same conditions a.s when last w.c, wrote. Both prices and quality are ■irregular. Buyers can only be tempted 'to touch these by low quotations. Australian.—The lirst good arrival as regards quantity came In hand bv the 'Britannia, and more interest was .jiown tiy buyers, and from now on they will 'be able to get regular supplies. Once 'the initial dilli.cultv of getting,the re'lailer to start with these butlers is 'overcome there is 'no further trouble 'and repent orders come along. Though 'prices on the average are not quite so good as last: week, there' is however a 'more confident tone. These bright, freshly-made butters are now in many 'instances getting the preference, and 'lhere will no doubt be a much brisker demand from now, particularly for (inNew Zealand.—We fully expected that 'price* would have remained as last repnrted for t'he Tonic shipment, which 'landed early in the week; unfortunately this is not the case, and a drop of <ilimit. 2s has to 'be recorded. The general lone is the same as with finest, Australian— more confident. The quality is good, and the Tonic discharged her 'cargo in perfect order. Once get, these 'butters distributed throughout I lie 'country, and a good trade is bound to 'ensue. i Cheese, 1 Canadian. —There has heeu quite a 'dull trade during tlie past week, but 'there arc iiil signs of holders giving 'wav. New Zealand—Some of the lonic's shipment are very voung. ami it will be 'several davs before they show to ad- ! vantage.