COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 77, 27 April 1909, Page 4

COMMERCIAL.

—. » LONDON MARKETS. * London. April 25. Rabbits—A slump lias occurred. Large Victorian ex ltutiiic were vainly offered at 9s (id. A small demand was made for Svdney's at Us ex store. It is estimated that at least UU.OOO crates will be stored till the new season.

Hides are neglected. Offerings for the sales were withdrawn.

Basils are steady. First Wellington 15% d to 10% d. Sheep—(Canterbury light 3 11-10 d, medium 3 5-10 d, heavy 2%d. Southland is unquoted. North Island 2 l / 2 d, best brands 2%d. Lambs, Canterbury light, 4 13-10 d, medium 4 11-lGd, heavy 4 13-10 d. Southland is unquoted. North Island selected 4%d, ordinary 4'/ B d. ed. v Australian sheep—Heavy 2<4d, light 2%d; lambs and beef are unchanged. River Plat e sheep—Heavy 2%d, light 2 9-lfld. Lambs and beef are unchanged. . Hemp—The market is quiet. The April-June shipment sold at £23 ss. Copra—A fair demand for South Sea in bags at £lB. Copper—On spot £57 Os 3d, three months £SB Is 3d. Electrolytic, £SS 17s Od. Tin—On spot £133 15s, three months £134 15s. Silver, 24d. Shares—Waihi, buyers £-8 18s Dd, sellers £9; Junction, buyers 29s 4d, sellers 30s 7d. SHAW, SAVILL COMPANY. London, April 25. The Shaw, Savill and Albion Company's report for thc past year sliows a profit of £28,028. A dividend of 5 per cent, has been declared and £8491 carried forward. WHEAT AND FLOUR. Landan, April 25. The wheat and (lour afloat is 3.175,000 quarters. The Continental shipment totals 1,980,000 quarters; Atlantic shipments, 61,000 quarters; and Pacific nil. The total shipments to Europe during the week were 950,000 quarters, including 377,000 from Argentine and Uruguay. HIGH COMMISSIONER'S REPORT. By Telegraph.—Press Association. Wellington, Monday. The High Commissioner's cable is as follows: Mutton—The market is depressed. The supply exceeds the demand, except ill light-weight, which is extremely scarce. Stock is accumulating, and it is reported there is no room to store more. The prospects of an unfavorable trade in mutton are very disappointing, there being only a wry hard month's demand. Canterbury is quoted at 3d and North Island 2%d. The lamb market is weak, stocks on hand are heavy and widely distributed amongst the agents wlio are pushing sales. Canterbury 4%d, North Island 4^.(1. Beef —The market is quiet. There is no change in prices, namely, hinds 3%d, fore 2'/ 2 d. Butter—The market is quiet but steady, with a better demand for best quality and a poorer demand for inferior qualitv. Choicest New Zealand is quoted at' 10»s, Danish 108s, Siberian 98s, Australian 07s, Argentine 98s. Cheese —The market is rather quiet. Colored is quoted at 03s. and while lils per cwt. The Papanui's shipment of cheese arrived in a damaged condition. Hemp—The market is quiet, but holders are firm ipr New Zealand on account of the small supply. Good iM fair on spot £23 10s, New Zealand fair grade on spot £22, fair current Manila £22, April-June shipments, good fair grade £23, fair grade £2l 10s, fair current Manila £2l 10s. The Manila output is 18,000 bales.

Wheat—The wheat markets remains firm, but advance is checked. Prices have declined 3d per bushel.

There is a brisk demand for oats. Beans are scarce. The market is firm.

Peas—The market is firm, and prices continue to advance.

The cocksfoot seed market is steady at 80s, with a firm market for all grades.