COMMERCIAL

Taranaki Daily News, Volume LIII, Issue 83, 16 July 1910, Page 5

COMMERCIAL

ENGLISH PRODUCE MARKET.

By Cable.—Press Association.—Copyright

Received July 15, 7.50 p.m. London, July IS. The wheat markets arc lira. America is still influenced by fears of drought in the North-West. Buyers arc somewhat cautions, as European prospects continue good. Three Australian cargoes sold at 355, and a fourth at 34s 9d. Holders are asking 33s (id for New Zealand May shipment, with fair enquiry, and for parcels of South Australian alloat 34s Od; New South Wales, nearly due, 345; Australian, spot, in small supply, 30s 6d. flour: Australian is in better demand. On-passage parcels, 24s Gd to 24s Ud.

Oats: Quiet. New Zealand unchanged. La Plata, July and August shipment, 13s 3d.

LATEST LONDON REPORTS,

Received July 15, 10.30 p.m.

■London, July 15. At the wool sales the top price realised for the "Omarama" clip was Ud, and the average price 9%d; "W.D.," top price, lO'/.d; average, 10% d; "Km," top price, 11'/o. average 10'/ 8 d; "Geir,"' top price average 13% d. At the sheepskins sale 3900 bundles of Australian and 1500 of New Zealand were catalogued. The bulk was sold. Competition was somewhat slow, except for full-woolled and half-woolled. Compared with June sales, merino combings declined a farthing to a halfpenny, clothings an eighth, and fine crossbred combings three-eighths. Pelts were unchanged.

Received July l.">, 5.40 p.m.

London, July 15. The Bradford wool market is cheerful, and there is a hardening tendency. Prices are unchanged.

Butter.—Colonial is neglected, and nominally unchanged. Arrivals arc mostly stored. Danish is slightly easier at 115s. Siberian is arriving in large quantities. Choicest is selling at 96s to 100s. &

Renter at Winnipeg reports that in three Western provinces the indication's are that drought will reduce the anticipated yield, probably by half.