COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 246, 23 November 1909, Page 1

COMMERCIAL.

LONDON MARKETS, By Cable.—Press Association.—Copyright Loudon, November 21. Wheat.—A cargo of Australian sold at 41s ll%d, and 75(H) quarters at 38s. Cheese. The Arawa's shipment arrived in excellent condition, and sold for 5Gs. Canadian is quoted al .375. Rabbits. Colonial, linn and unchanged. English supplies are linn, llenip is iirni. October-December shipment is quoted at £27 los. Copra. There is a strong demand, owing to the difficulty of arranging freights. South Sea in Lags is quotcu at £22 IDs. Copper. —Spot £6O 12s 6d, threemonths £Ol 13s; electrolytic £U2 os. Tin.—There is an excellent outlook throughout the world for consumption for several months to come. Reserved stocks of Straits tin are down to the minimum. Spot . £l4l 15si, three months £143 17s (Id. Load, £l3 3s 9d. Sheep—Canterbury light 4%d, medium 4y s d, heavy 4d; Southland unchanged; North Island , 3 15-lGd. Lambs: Canterbury light 4<4d, medium 3 15-lGd heavy 3%<1; Southland and North Island unchanged. Beef—Fores 3d, hinds 3 5-16 d. Australian sheep—heavy 3 7-lGd, light 3y B d. Beef, fores 3d, hinds 3y 4 d. River Plate sheep unchanged; beef, fores 3d, hinds 3 15-lGd. Shares—Waihi Junction 38s 9d buyers, 40s sellers. Copper—Private reports point to tli-i probability of a successful combinal ; on for the amalgamation of Guggenheim and Coleryan's producing interests in America, comprising about 40 per cent, of the world's) copper production HIGH COMMISSIONER'S 'J ABLE. By Telegraph,—Press Association. > l, ~iOivav. The Higli Commissioaer'j caul>, ib ted London, November 20, states: Mutton— I Hie market is slig'.iily weaker with a less demand. It may decline further: Canterbury mvl North Iflsnd are quoted at 3%d. Tnj iamb inuiket is weaker, with a downward tendency and a dull sale for all laml). Holders are anxious to sell. Canterbury is quoted at 4y B d, other New Zealand 3%<1. Beef—The market is dull and the stock is heavy. New Zealand hinds 3%d, fores 3'/ 2 d. Butter—The market is' firm with an improved demand for best quality. Holders are firm. The Arawa's butter arrived in good condition. New Zealand choicest is quoted at 120s, Australian 110s, Danish 1225, Argentine 118s, Siberian 110s.

Cheese—The market is steady. Fair business is doing in best quality at 57s' per cwt. New Zealand is dull for second class. Hemp—The market is steady with fair business doing, and prospects are improving. New Zealand good fair grade oil spot is quoted at £27 10s, fair grade £26 10s, fair current Manila £27, Jan-uary-March shipments N-w Zealand good fair grade £27, fair grade £.20, fair current Manila £2O 10s. The Manila output was 24.000 bales. Cocksfoot seed —The mu'keL is quiet, with a better tlemand. Tli.. • verage price for bright clean 171b New Zealand seed is 71s.

Wheat—The market is <|iii<>: tint Arm, with a small supply oi New Zealand. Holders are firm. New nd long-berried wheat on spot ex jjr.nary per quarter of 4901b is quoted at 395. New Zealand short-berried 3Ss (id. OatsI—The 1 —The market is firm with an improved demand. New Zealand oats are scarce. New Zealand short oats (sparrow-bills) ex granary on. spot per quarter of 3841b are quoted at 20s Od, New Zealand Danish, per quarter of 320 lb, 17s 3d. Beans—The market is firm. New Zealand beans f.a.q., new crops, per 504 lbs, 395.

Peas—The market remains firm, with a good demand. New Zealand peas (partridge) per 5041b are quoted at 50s. Hops—The market is firm, owing to the reduced supplies, and the demand is expected to increase in the future. The prospects a7c good. Recent New Zealand shipments, which depreciated by tight pressing, realised l'los. English are quoted at 150s, and Califomian at 140s. Wool—The market is firmer.