COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 355, 5 April 1910, Page 8

COMMERCIAL.

WHEAT AND COTTON. By Caole. —Press Aesociation. —Copyright Loudon, ilarcli 3. The quantity of wheat and flow afloat lor the United Kingdom i* 418,000 quarters, for the Contiu*- > 1.000,000. Atlantic shipments U7.0U0, Paeilic 13,001). Tile shipment* iw Europe this week total 1,000,01)0, ineiuumg ibi,ouo irum tlic Argentine and Uruguay. American manipulators lor a corawr in cotton in May are reshaping thousands of bales iroiu Liverpool to York. The steamer. Baltic .takes i7ott bales.

HIGH COMMISSIONER'S KEPORT. By Telegraph. —Press Aseociatiou. Wellington* April ik e The High Commissioner's cable, dated London, April 2, is' as follows: —• 'ilutton.—Market quiet but steady; holders firm in anticipation of moderate shipments; average (price of Canterbury mutton is 4y 2 d .per lb, North telaad, 4 Lamb. Market firm, althugh supplies are increasing: average price of Canterbury is sy z d per lb, other New Zealad lamb 5%dBeef. —Market steady; stocks of New Zealand beef on hand light; holders not anxious to sell. Supplies of American chilled beef large. The Marathon arrived during the week with a second shipment preserved by the Linley process, of Queensland chilled beef, which was' landed in fair condition and realised about 3%d per lb for hindquarters. Average price to-day for hindquarters frozen meat, New Zealand beef, is 4%d per lb, forequarters 4%d. Butter.—Market firm, with good demand, but buyers are cautious; average price for week for choicest New Zealand is 122s', Australian and Argentine 120s, Danish 128s, Siberian 119 s.

Cheese—Market firm, although liigh prices are restricting business'; average price New Zealand finest white cheese is 62s 6d, coloured 61a. Hemp. —Market very unsettled, with poor local demand; ipros>peots are uncertain and depend entirely upon Manila; average price New Zealand goott fair hemp on spot is £24 10s a t»B, fair £23 10s; same prices for forward on »pot, £23 for forward shipment; Manila output for week was 28,000 bales.

Cocksfoot—Market quiet, but firm? average price bright clean 171b New Zealand seed on spot is 73« ft cwfe. Wheat. —Market quiet, but modernt* business doing; New Zealand when'; lulling against shipment. Oats.—Market steady, with moderate demand; New Zealand sparrow bills, ex granary, on spot, per quarter of 884 lb, 13s; New Zealand Dartish per quarter of 3201b, 17s 3d. Peas.—Market quiet, small busin«*» doing; New Zealand partridge peas per 5041b. 545. Beans.—Market firm, with more inquiry; New Zealand f.a.q. old crop per 50411) 40s' 6d. Hops. Market quiet, but holders firm; buyers are holding back on account of high prices and doubt caused by the delayed Budget; English hops £7 per cwt. £6. Wool.—Market firm; merinos Ii active demand, at full prices'; crossforeds unchanged. Mr Newton Kin« lias.' received the fnlloT'iua' cable from Sydney re hides: "Slonpies easier."