COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 189, 14 September 1909, Page 1

COMMERCIAL.

LONDOJf MARKETS. By Cable.—Press Association.—Copyright London, September 12. There is n general improvement in the demand for mutton. ,Stocks are short aaul lirnriy held. .Sheep,—Canterbury light and medium uve quoted at .iVid, heavy lid, Southland 3y s d, North Island 3d, lii-st brands 3%d, lambs, Canterbury light 3%d, medium and heavy 3>/ s d, Southland :i'/ 4 d, North Island 3 1-llid, selected 3%d. Heel.—l'ores 2%d, hinds 3%d. Australian Sheep.—Heavy 3%d, light 2%d, lamb, none offering. Beef, fores 2%d, hinds 3y 4 d. River I'late Sheep.— Heavy 2%d, light 3d. lieof: fores 2%d, hinds 3 .j-lid., lambs, 2%d. Lead.—Tlie imports total 10,.">33 tons of which Australia contributed 24(10 tons. The exports totalled 4082 tons. i. Copper.—On spot J £SB 15s, three months .Uoll 2s Od; electrolytic £OO.

Tin. —On Spot .11 ISO lis (id, three months .£l3B 2s lid. -Silver, 23% d.'

Shares—Vaihi shares, buyers £9 7s (id, sellers £1) lO.s. .1 unctions, buyers, 51s 3d, sellers 53s !)d.

HIGII COMMISSIONER'S CAISLI ;

By Telegraph.—Press Association. Wellington, Monday. Tlie High Commissioner's cable dated London 11 states:—

Mutton.—The market is firmer and greatly affected by the reports of small shipments. A good demand exists for all qualities' and holders are not anxious to sell. Canterbury is quoted at 3'/ 4 d, North IsV.inil 3d. The lamb market has advanced and a further advance is probable on account of the advance in mutton, although the stock is heavy lor late in season. Canterbury brands 3'/ 2 d, Xortii Inland 3y v d. Beef.—llhc .market is quiet with a tendency in favour of buyers. River Plate beef, lieavv hinds and fores 2%d. Butter.— I The market is firm with a demand chieflly for beat quality. Australian butter lias' arrived and is selling ait 112s for salted and 114s for unsaJted. Danish is quoted at 120s and Siberian at 104s.

Cheese.—'The market is quiet and small business is doing. There is a slight falling in prices all round. New Zealand, isi quoted at 58s and Canadian 575. Hemp.—The market is quiet but steady. TransacWnis me ligut. New 7x'ajand : good fair grade on spot is quoted at £2 15s, New Zealand fair grade on s]>ot £24 15s, fair current Manila. £24 10s, October-December shipments New Zealand good fair grade £25 10s, fair grade £25 IDs. fair current Manila per ton £23 10s. The Manila output is' 24.1W0 bales.

Wool.—'flip market is fivm, and n good demand is expert ed fur coarse crossbrecls. All grades 'ill's low cross-bred-s Is, 40's ilo. Is o%d. 44' h medium crossbreds li 2(1, -id's hulfbreds Is 7d, "ili's quarterlireds Is (10's merinos 2s S'/ a d, Wheat.—market lias declined fuvtlici' on account of the English offerings. New Zcalaaul long berried ■\vneat on spot ex granary per quarter of 4!M» lb :i!)s fld. short berried do. 3()s.

Oats.—Tliere is a large Supply of oats, and tlie market is weak and inactive. New Zealand oats, short spar-1 rowbills, ex granary 011 spot, per quarter of 388 H)., 25s (Id; New Zealand I oats. Danish, ex granary on spot, per quarter of 3201b. 20s, Beans.—Tliere is a fair demand for better grades, but supplies' are increasing anf. prices declining. Xcw Zealand lieans f.a.q„ per 5041b. are quoted at 35s (id.

t'tfts.—'Bie market is quiet but steady. It is afl'ected by the expectation of heavy arrivals and the English ivi>w crop. New Zealand peas, partridge, per 50411)., 42s (id. Kiver Plate shipments received during August at London are:—.Mutton 154,140 carcases; lamb, 21,4511 carca-Vs. At Liverpool: 141 ,S4(i and IIi.HIS respectively. At llul!: SOOO and 1(170 respectively. At CardilV: 8475 and -Ki4 respectively. At Southampton: 12,8!)7 and 012 respectively. At Plymouth 1585 and 157 respectively.

'Mr. Newton King has received the [following cable from his Sydney agent re \|idos: "Much firmer."