COMMERCIAL.

Taranaki Daily News, Volume LIII, Issue 210, 14 December 1910, Page 3

COMMERCIAL.

WHEAT AND FLOUR. I'y Cable.—Press Association.—Copyright. London. December 12. The wheat and Hour afloat for the United Kingdom is 2,230.000 quarters; for the Continent, 2,035,000 quarters; Pacific. 00,000 quarters. The lotal shipments to Europe this week totalled 1,350,000 quarters, including 19.000 quarters from the Argentine, 050,000 quarters Russian, 194,000 quarters Dtinubian, 103,000 quarters Indian, 10,000 quarters Australasian. WAIHI SHARKS. I London. December 12. Waihi shares are quoted on the London Stock Exchange at from 117s and 120s, Junction 30s and 31s 3d. DAIRY PRODUCE REPORT. ■ Messrs E. Griffiths and Co., New Plymouth, are in receipt of the following market report from their London principals, Messrs .Mills and Sparrow, dated October 2S:— I Trade has been very quiet this week, and markets generally are lower. The 'weather has been mild and open, and the position of butter on the Continent and in England and Ireland is not falling oil' to the extent that it generally does at this period of the year. Danish: Business in the North does not improve, and the quotation this week has been 'reduced 2 kroner, and this should have the effect of increasing the demand. Siberian: Arrivals are decreasing, and although now only small, the butter is not required, as'the flavor is mostly flat and stale, and buyers are wanting something fresh. There is quite a quantity of the secondary grades in store, and we fear these will have to remain there for some-little time, as most of this butter is not fit for the counter.

French: The supply keeps up very well indeed, owing to the mild season that has prevailed. The quality is also satisfactory, and trade continues on a fairly good basis. Many buyers intend keeping their orders on wlvUe butter continues to give satisfaction. Australian: The s.s. Mooltan arrived on Saturday last, and a few butters were on the market on Monday. Unfortunately we have had a very quiet market, and prices have been irregular. The fact that quite a few stored butters have come along from New South Wales and are offering cheaply, as fresh landed goods, has not improved matters, and buyers have taken every advantage to help the market on its downward course. There have also been many bear circulars on the position generally, which has had a depressing effect. One fact, however, remains, that finest goods are scarce, and these .ire well cleared and have made fairly good prices in comparison with other sorts. We see no reason why the market should go any lower on the best goods, but the position is certainly different on seconds, which are in plentiful supply, and there is a poor cemand. New Zealand: The s.s. lonic brought about 6000' boxes, but only a small proportion was new season's make. We regret to say that the quality of this shipment generally was unsatisfactory, the flavor being altogether too wintry, and we therefore hops that the next arrival, per s.s. Turakina, due on November 5, will show up better. Cheese. —There is no change in the position this week, and although the demand has been quiet on the best goods, prices have remained 'firm, and there has been a strong market for under-grades, and anything at 54s and under has been eagerly snapped up.