COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 83, 4 May 1909, Page 4

COMMERCIAL.

LONDON MARKETS. London. May 2. Sheep. Canterbury, light II 11-lflil, medium 3'/,d, heavy 2%d; Southland and North Island unchanged. Lamb: Canterbury, light 4 13-1 (id, medium 4%d, heavy'4>/ s d; Southland and North Island unchanged. Beef.—l'ore,* i'fai, hinds unchanged. Australian Sheep.—Heavy 2%d, light 2'/ 4 d. Lambs: Best brands 3%d, fair and inferior qualities unchanged, fores 2>/ lt d, hinds unchanged. River Plate.—Sheep: Heavy 2'/id, light 2'/ 2 d: lambs unchanged. Beef: Force 2 3-1 Od, hinds' unchanged. ' Hemp is slow. The April June shipment is quoted at £23. Copra is steady. South Sea in bags is quoted at £lB 2s Od. Copper ou spot £57 lis 3d, three months £SB ss. Tin. —On spot £l3O. three months £132 2s (Id. Tn stock 18,(12-1 tens, delivered 2231. spot 780(1, afloat 411). Antimony. £S 10s. Tin plates, charcoal, 13s 3d. Angle steel, ,15 2s Oil. Orman cement, ss. Lead, £l3 ss. T/insoed oil, £2l. Wheat.—Cargoes of.Australian sold at 42s 3d, 42< ('/id. a lid 42s Od respectively, and two at 42s (id. Wool.—The Antwerp sales closed with an increased eagerness to secure flue erossbreds and merinos at 71£ per cent, in advance on the March sales, anil secondaries at a 5 per ceiit. advance. Shares.—Waibi: Buyers .08 18s fid. sellers £9 Is 3d. Junction: Buyers' 33s Od. sellers 30s 3d. BUTTER IN SYDNEY. , . Sydney, May 3. From to-day the price of -butter advanced to 112s per cwt. llltlH COMMISSIONER'S CABLE. By Telegraph.-Press Association. " ■Wellington, Last Night. The High Commissioner cables from London under (bite May Ist: The mutton market remains very depressed. Prices have slightly declined for all grades, with the exception of light weight. North Island heavy weight have sold at 2'/.d, ewes 2d per lb. Tiie lamb market is very dull and the supply excessive. Stock is accumulating, and there is very little prospect of an advance in market for either mutton or lamb. The beef market is steady, with a better demand, but the supply meets the demand. Hinds 3%d, fores'2'/„<l. The butter market is quiet, but firm. There is better demand, especially fu>best. Choicest New Zealand 100s per o-wt,. Danish 108s., Australian !18s., Argentine 118s, Siberian 00s. Tile cheese market is steady, with not much demand,' but prices ' are linn. White 00s lid, colored 02s (id. The hemp market is quiet, with small business doing, and no immediate change ' is expected". Reports indicate heavy shipments of hemp expected from Manila. (lood-I'air New Zealand is quot- 1 ed on the spot at £23 5s per ton, fair ' grade £22; fair current Manila on then

spot £2l 10s. May-July shipments: New Zealand good-fair £23, fair grade £2l 10s, and fair current Manila' £2l ss. The -Manila output was 28,000 hales. The cocksfoot market is quiet, but steady. The demand is improving l , but prices are unchanged at 80s. The wheat market, is quiet, but hold-

ers are iiriu. There is less demand, and buyers are holding back. New Zealand long berried wheat on spot, ex-granarv. per quarter of 4001b, 44s Od; New Zcliland short berried wheat on spol, cxirranary, per quarter of 4001b, 43s (nomi-

The oats market is firm, with more enquiry. New Zealand oats, short sparrowbills. ex-granary, per quarter of 3841b, 2lis; New Zealand oats, Danish ex-granarv, on spot, per quarter of 320 lb, 21s.

The beans market is linn, with a hardening tendency. The supply falls short of tile demand. New Zealand beans, f.a.q., old crop, per 5041b 355. The supply of peas is running short, and the market is lirmer. N/'w Zealand partridge peas per 5041b 40s (id.

The wool market is Arm and prices continue to advance. Bradford tops are quoted as follows:—Thirty-sixes low eross-breils ll%d: furtvs low eross-breds Is (>%d forty-fours medium cross'-breds Is l%d; liftys half-breds Is (id; lifty.. quarter-lireds Is (Id; sixties merinos 2s 2d.

The hop market is quiet, but price are lirmer. Best qualify English SO: American 00s.