COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 149, 20 July 1909, Page 4

COMMERCIAL.

LONDON MARKETS. By Cable.—Pross Association.—Copyright London, July 18. Wool Competition is keen ami prices are firm for all sorts at late rates. The number of Amies catalogued to date is 118,061, and the number sold j.07,533. The Wakarua clip sold at 9%d, Ross 13% d, Kakanui 19% d. Shares—Waihi shares, buyers £8 18s od. sellers .CI) Is 3d; Junction, buyers 40s 3d. sellers 48s Od. The Union Bank's balance-sheet shows deposits £19,322.07!), cash investments, balance of remittances £9,840,416, bills and securities £14,348,286. HIGH COMMISSIONER'S CABLE. By Telegraph.—Press Association. Wellington, Monday. The. Industries and Commerce Department is in 'receipt of the following cable from the High Commissioner, dated London, 17th JulysMutton—The position is not satisfactory and the market is a shade weaker. Nominally there is no change in prices, viz., Canterbury brands 2%d, and North Island 2^d.

The lamb market is dull. A further attempt was made to firm the market l>y advancing the prices %d, but the result is in doubt.

The beef market is declining on account of large supplies' of American chilled beef. New Zealand hinds are quoted at 2%d. The nutter market is ijuiet but firm. Choicest New Zealand 107s, Danish 114s, Siberian 102s. The cheese market is linn. There is a small supply of New Zealand, with good demand. New Zealand 03s, Canadii an 58s.

The wheat market is quiet but firm. It is reported that there is enquiry for forward shipment. New Zealand good fair on the spot is quoted at £23 15s per ton, fair grade on spot £23 ids, forward shipment at same prices; failcurrent manila on the spot £23 IDs, forward shipment £23. The Manila output is 18,000 bales.

The wool market is firm, with good demand.

The hop market is firm, with hardening tendency. Owing to the wet season, the market has advanced us.

The wheat market is quiet but firm. New Zealand supplies are iiicrcasingaim meeting with good demand. New Zealand long-berried wheat on spot, «x----granary. per quarter of 491iHi, 455; New Zealand short-berried ditto 455.

The oats market is quiet, with little doing, but a good feeling prevails. New Zealand oats, short sparrow-hills, exgranary, on spot, per quarter in ,iS4ll> 2(is Gd; New Zealand oats, Danish, exgranary, on spot, per quarter of 3201b l!)s Od. Tile bean market is firm owing to reduced supplies. New Zealand .beans, f.a.q., old crop, per 5041b 50s J)d. The peas market is firm, with .improved demand,' and the supply falls -•hurl of the demand. New Zealand peas, partridge, per 3041b 4!!s (id; New „a- ---! land peas, blue, per 5041b 35s (id. HIDE AND SKIN REPORT. Dalgety and Co., Ltd., report having held tlieir fortnightly sale of wool, skins and hides on Saturday, when they olFered a large catalogue of all classes to the usual attendance of .buyers. Prices were as follows: Wool—l'riees were easier, showing a decline of '/, dto >/,d per lb. Crossbred, s'/ 2 d to 7d; dead, 5%d; black, s'/id; lambs, seedy, 5 :! /,d; crosslireil pieces, 3>id to [i/,d; locks, 2'/,d; eruteliings, 3'/ ; d to si/,d. I Sheepskins—Prices at par to >/,il lower. Half-bred, 8<I; crossbred. fiy 4 il to 7V-.il: crossbred, short, 5d to n'/jd; crosslirml, damaged and 'broken. 2d to 4'/,d; merino, 4d to (id; pells, 3d to i%i\; ia,mbs, 0%,\ to li'/,rl; crossbred, damp, heavy, 4s 3d to 5s id; light, 3s Id. Hides—Prices '/Jil to '/, d lower. No prime hides offering. Ox. heavy, fli/ 4 d to li%il per lb; medium, s '/oil t'o O'/oil; light', 4%d to si/ 4 d: slippy and cut, 4%<l to 3d; cow, medium. 4%il to s'/,d; light. 4%i! to 4%i1; cut ami slippy, 3% J to 4'/,d; bulls'. 3%d to 4'/ K d; calf, best 3d to fid; medium. 7'/.d: inferior, 2%d to 5%i1; yearlings'. ay,d; horse hides, 3s 3d to 7s fid. Tallmv-I'ii kegs. 2ls 3d to 225; ill I tins, 22s to 22s Hi,