COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 169, 10 August 1909, Page 4

COMMERCIAL.

LONDON -MARKETS. By Cable.—Press Association.—Copyright London, August 8. Wheat.—The markets are very depressed owing to the. Hue, warm weather and the pressure to sell grain. There is no demand for cargoes. Australian cargoes alloat are quoted at 33s to Hits Oil, -New Zealand steamer alloat 42s Od. . Hemp is linn. The October- jAcuntar shipment is ijuotcd at C 24 l.">s. Kiaui/ Gum.—rt'hc istoc-k .totals 1>45 lons.

Rabbits— Quiet;; prices unchanged. Copra—There is a belter inquiry, and a fair business in South Sea in bulk at £2O 10s. Copper—On spot £SB 8s Od, three 'months £sll Us 3d. Electrolytic, £OO. ■Tin.—On spot £.132 15s, three months £134. Lead, £l2 10s. Antimony, £B. Shares.—Wnihi: Havers £9 0s 3d, sellers £.O 8s »d.

HIGH COMMISSIONER'S CABLE. By Telegraph.—Press Association. Wellington, August I). The High Commission r's cable dated August 7th states: -Mutton.-There is a' dull sale in all qualities of mutton, except prune llglit weight, which is very scarce. The slocks of mutton <bn hand are very heavy. North Island and lli\er Plate mutton are selling at / the same price, and there is little chance of unv advance. CanterImrv is quoted at i'M and North Island 2'/,d. The lamb market is very weak, although there is a good demand for .prime quality. The low prices of lamb are increasing the output. Canterbury is quoted at :!%d per lb, North lsla-.nl -I'/s«ISccf.—The market is firmer, willi better demand. New Zealand hinds are quoted at 3%d, fores 2%d. Butter.—The,market is quiet but firm. IScst quality NK' Zealand better .is quoted at 108s per cwt. nominal; Danisn 113s, -Siberian 100s. Cheese.—The market is quiet but steady. There is a general active demand for New Zealand at 00s.

Hemp.—'The market remans firm, 011 account of the offerings being very small from New Zealand. New Zealand good fair grade on spot per ton is quoted at £25 nominal; New Zealand fair grade on spot £24 nominal; fair current Manila on spot £24 10s; July-September shipments, New Zealand good fair £24 10s, fair grade £23 10s, fair current Manila £24. The Manila output is 25,000 bales. Wool—The market has advanced.

Kauri gum.—Ordinary fair threequarter scraped 105s, fair half scraped litis, fair half three-quarter scraped DOs; pickings, common good 40s, hush fair good pale amber scraped 140s.

TAKANAKT WOOL, SKIN, HIDE, AND TALLOW SALE. NEWTON KING'S ItEI'ORT. On Tuesday. 3rd August, t held my usual four-weekly sale of above produce. The catalogue comprised 1308 ox and tow hides, including 400- hides from the freezing works, 72 yearlings, 019 calfskins, 2701) sheepskins, 10 bales and 77 sacks wool, 20 casks and 33 tins tallow, and the usual assortment of horsehair, horns, tails, etc. Wool offered comprised mostly crutchbgs and a few odd lots of fleece" and dead. Prices for wool and sheepskins were lower all round to the extent of y a d per lb. Hides; Bidding wati 'brisk for everything offered; medium and light ox advanced y>d per lb, while cow hides sold at last sale's prices. I quote:— Wool.—Fleece 5d to 5%d, lambs' 4d to sy,d, dead 4>/ 8 d to 4%d, crutchbgs »'/j»l to 4d, -pieces 2'/ s il to 3%d, locks l'/.d to l%d, black 4</,d, skin pieces l'/sd. ■Sheepskins.—Fine crossbred 5%d to f!d, medium 5d to 5%d, halfwools 4'/ 3 d 10 sd, lambs'' wolly 4%d to sd, pelts l'/ 3 d to 2>/ 2 d, dead' 2%d to 3'/ad, damaged 3d to 4'/ 2 'tl. damp woolly 4s Id to 5s 7il. halfwools'is 3d to 3s 9d. woollv lambs 2s Oil to 3s fid, dead Is Gd to 2s Od, damaged Is lOd to 3s 6d, salted woollv 4s to 4s lid, halfwools 2s 3d to 5s- Od, lambs' 2s 3d to 3s Od, pelts Gil to Is lid, black Is Sd to 3s 4d, slippy Is (id to 3s.

'Freezer Hides.—Ox. extra stout 7%d to Sd. stout 7d to 7K-d, medium M'/,d to (!%d. light 3%d to (Id.-cut ox 5y.1l to Ty 4 ; cow. heavy fi>/|d to Gi/.d, medium .vy,d to lid. 'light s>/id to o%d, cut cow S"/ 4 d to 5%d.

Butcher Hides.—Ox. extra stout 7 7 / s d U) B%d, stout 6%(1 lo 7'AO. medium ll'/td to (i'/,d, light. sy s d to 's%d, superior medium 7'/ s il lo 7%d, superior light Gd to o'/ H (f cut ox 5d to 7d. Cow Hides.—Superio,. heavy fii/,d to (!'/ 2 d. tiiiperior medium 5%d to Gd, superior light Gd to G'/„d, superior cut 5%d, ordinary heavy 5%d to ,>%d. medium s'/,d to .p/jd. light 5V.d to .-.% d, cut cow ,-„| t„ .v/„|. far,,,:.,-",' ~,„■ 4%d lo .v;;.!i. ox nil to (iv.il, ,!ijip V ':iy s d to .j.l, yearlings sy.il to (i,|, supcriur Od to O'/iil, stags 4'/ad to -l'/.d. cut stags 3'/,d to 3%d. Horse Hides.- Heavy lis fid to lis medium 7s .1,1 to 7s lid, light 5s Od to <is. cut Is to o,'.

Calfskins—Best lines yy 4 d to f1.%,1. good B%d to 8%,|, niedium 7.1 to 7'/,d. cut n'/,il to :>-;',d, slippy 2d to l'/.d. ' Tal'.ow.—Tn casks, best mixed "23= lid to 23s Od. good 23s to 23s 3d. medium 225; in |hs, mutton 21s Gd. mixed 20.' Cowtaik Is 7d to Is Od per dozen, horsetails 7d each, horsehair Is 2d to Is 3d per lb, horns lis lo lis per 100. My next sale takes place 011 31st August.

MKSSIN. YOUKG, nouns AND to. HIDK, WOOL, SIiKKPSKjvr A \i> 'TALLOW SALR.

On I'liesday. ;!n| .August, w ( . held our monthly sulu of above .produce, at which wo handled a useful pntalofnn-. Competition was not so keen as ;it recent sales: Imles were i/,d to %d lower, evci'iit for best sorts, which were par to Vtil lowed. Sheepskins showed a like decline. Wool, which was composed ■mostly of crutcliings, made ruling rates. Crutcliings were not „p to the usual standard for ipmlify, being inosflv stained anil dirtv. I\V cpiote:— AVool.--Fleece. to ."'/.d; c-i-iitoh-liijjs, 2'/ a .l to 4,1; looks. Id." Sheepskins.—lSulehrrs', .saldjd <>s Id to 4s Od, woollies Is 1(1,1 lo v, 7 ( |. |., mus 2s; pelts, M to (Id. Hides.—Butehers', cow (inedium) 4d to S%i, ox (medium) !iy,d to 5%<1; settlers', cow 4%d to Fid: yearlin"s .IV„d !o .|i/ ; ,l; horse, 4s (Id. ' " /s Calf-kins.—Small, 7%<1; medium, S'/,il: liu-L'e. S;/.,1: cut. 4,1. /J Tallow.—ln tins, fl fis fid. Cow-tails, Is r>d per dozen. Horsehair, Is Id pi-r Hi.