COMMERCIAL

Taranaki Daily News, Volume LII, Issue 135, 6 July 1909, Page 4

COMMERCIAL

LONDON MARKETS. London, July 4. Sliecp.—Canterbury light 31/jd, medium 3d, heavy 2%d; North Island 3%d, best brands 2!)-llid. Lambs: Canterbury light 4 1 -Kid, medium 3%d, heavy 3%d, Southland 3%d; .North Island 3 !)-l(id. selected brands 3%d. Beef.—Fores 3d. Australian sheep are unchanged. Lambs: Fair quality 3t4d. Beef: Fores 2%4. ! River Plate sheep arc unchanged. Lambs, 3. 3-10 d; beef fores 1 5-ltid. Silver, 23 13-ltid. •Shares.—Wailii Junctions, buyers 4ji, sellers 47 s Od. Copper.—Three months £5!) I2s Oil. Tin.—On spot £l3l, three mont'is £132 12s Od. Tin plates, 12s Od and 13s Od. Copra is quiet. South Sea iu ba«s £d!) 12s Od. 'Wheat.—An American cargo sold at 45s 7y 2 d. Hemp is dull and unchanged. Linseed Oil, 20i/ 4 d. Kauri Gum.—Stock 341 tons. ■Wool.— The Antwerp sales close.', brisker. Out of 2007 bales of La Plata offered there-were 1477 sold, realising Wednesday's prices. Out of a total of 7759 bales La Plata offered 2008 we?e sold and 400 bought privately. Hides.—The demand is inactive, an! prices are unchanged. Leather is Id dearer. First Wellin.- ! ton 14d to 14% d. I Basils are firmer. jnrsfc VV'ellin'ton 15% d to W/ii. JERSEY SALE. By Telegraph.—Press Association. Hawera, Last Night. i At the dispersal sale of T. R. Exley's Jjersey herd on Saturday,/ jselveiiuwai. cows averaged 30 guineas each. The 0-year cow Duchess Elma headed the list with 05 guineas. The 7-ycar cow Eureka was next with 51 guineas. HIGH COMMISSIONER'S CABLE.

Wellington, Monday. The High Commissioner's cuule, dated London, July 3rd, is as follows: Tile mutton market is overstocked aad depressed. New Zealand arrivals during the last fortnight totalled 25,5001 carcases. Tlie stocks are accumulating I and there is no room in the stores lor more. The steamers which cannot discharge are being used as stoves. Canterbury mutton and North Island 2%d. Similar remarks apply to the lamb market. Canterbury lamb and North Island 3%d. The arrivals fog the six months of this year total Mutton, 1,000,000 carcases, lamb 050,000 carcases in excess of the same, period last year. The beef market remains Arm. TJia supply of American cmlled beef is small. New Zealand hinds 4%d, fores 3d. The butter market is quiet, but firni. New Zealand supplies are practically exhausted. Choicest New Zealand 100s, Australian 100s, and Siberian 100s.

\ -1 lie cheese market is slightly weaker, Willi less demand. New Zealand 595, Canadian 5Ss.

The hemp market is steady, wit'i moderate inquiry. New Zealand goodfair on spot £23 10s per ton, fair grade £22, fair current Manila on spot i£22 10sj July-August shipments, New Zealand good-fair £23, fair grade £2l 15s, fair current Manila £22. Manila output was 28,000 bales. Tlw wheat market remains firm at last quotation. New Zealand loigbcrricd 40s Od, short-berried 45s fid. The oats market is firm. Prices continue to advance. New Zealand oats, short sparrowbills ex-granary, un spot, per quarter of 384 lbs 2(is Ud; New Zealand oats, Danish, ex-granary, on spot, per quarter of 320,11)8 20s. The beans market is active, with a good demand. Supplies do not meet requirements. New Zealand beans, f.a.q., old crop, per 504 lbs 30s 6d. The peas market is firm, owing to reduced supplies. New Zealand peas, partridge, per 504 lbs 49s Od; peas, blue, per 504 lbs 38s Od.

The cocksfoot seed market is quiet. Buyers are not keen to do business. The average prices for bright, clean New Zealand cocksfoot seed, weighing 17 lbs per bushel, on spot, is 00s nominal.

The Dairy Commissioner's Office reports the following quantities of butter in the public cold stores of New /.exhind at the end of June:—Wellington, 7104 half-cwt. boxes; Auckland, do.; Lvttelton, 970 do.; Dnnedm. do.; New Plvinoutli, 7809 do.; l'atea, 2450 do. Total, 35,592 do. At the eirl of June last year the quantity was 40,170 boxes.