COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 331, 25 January 1909, Page 4

COMMERCIAL.

LOXDOX MARKETS. { London, January 22. ' \\ lie.rt—The markets are quiet and uiaclne. Buyers are cautious in view ut ilu* approaching big Argentine shipments and Australia's large exports. I here is fair enquiry for cargoes. I Lift)-six and sixpence to thirty-seven and sixpence is asked for the Australian new el op atlo.il. and 37s for Januaryl''ebru.n > shipments. There is small business for Australian spot at 40s to 40s lid. Flour.—Tip market is steady. Australian flour is scarce. Spot is quoted in London, ut 275. an I Glasgow 28s. ■Butter—-Tllie imarket is firm and prices generally are unchanged. Colonial is rather slow. Kew Zealand choicest is quoted at 112s and occasionally 114s. The underwriters liave allowed from 10s to 12s per hundredweight on the Paparoa's butter i n holds one and two; 40s to fifts in holds three and Ave; (id on cheese in holds one and two; l-5s on hold three. Cheese—The market is firm. The Cot-inthic's cargo cleared at GOs to 01s. The (Paparoa's sound cleared at 58s. CCpper—On spot ■ £34) 12s Od, three months £OO 12s Od; electrolytic £O3 10s. Tin—Three months, £l2B 7s Od. ' Lead, £l3 2s lid. Iron, 48s Bd. Sugar—German 10s 2d, first marks 12s Id. Wool—The Bradford market is quiet and unchanged. A few topmakers suggest higher quotations. The Rimuroa clip at the London sules realised l(>V4d. Silver, iJ3%d. At the kauri gum sales 333 boxes were offered and 80 sold. Prices were unchanged. LONDON WOOL SALES. London, January 22. At to-day's sales wool prices showed less irregularity. Merinos were firm. American buyers were competing strongly for crossbreds. ■ ■ STRATFORD HIDE, WOOL. SHEKI' SlvIX, AND TALUIW SALE.

Messrs. Young, Hobbs and Co. report: On Tuesday, 10th instant, we held our usual sale of above produce, and were favored, with an.excellent catalogue in all classes. We sold 40 bales of wool. 800 sheepskins, 7 casks tallow. 2oC hides, 1250 calfskins, besides bones., horsehair, horns, etc. Calfskins madei the highest prices in our experience here. ' Hide* rose %d to %d since our last sale in November. Wool was par to 5 per cent, letter than November •sale, best sheepskins making same im provemwit. TalUAv was in good demand, and reached recent rates. Wp were favored with an increase of buyers representing Home houses in the wool department, competition for which was satisfactory throughout. We quote: Wool: Fleece od to G%d, lambs 4%d to <5y 2 d, dead 4d to spieces 2%d to crutchings l%d to 3 l / 2 d. Sheepskins 4%d to fid, settlers' woollies 3%d to 5V 2 d, butchers' pelts lid to Is sd. salted Is 7d, woolly lambs 4 1 /« dto 5V 4 d. Hides: Butchers' cow. light, 4 1 / 2 d to 5y 8 d; butchers' ox, light. 4%d; settlers* cow 4d to 4%d, cow cut d< to 4%d. slippy 3%d, yearlings 5d t«o 5%d. Calfskins: Small 7%d, medium 7%d,' good B*4d, part dry 6d, cut 5y B d, slippy 3%d. Tallow: In casks 22s Cd to 23s Cd per cwt, in tins 18s Od to 21s.