COMMERCIAL.

Taranaki Daily News, Volume LIII, Issue 296, 9 May 1911, Page 3

COMMERCIAL.

LONDON MARKETS. By Cable—Press Association —Copyright. London, May 7. Sheep—Canterbury, light 3'/ 2 d, medium 3%d to 3d; Southland not quoted. Lambs—Canteiuury 4 o-Hid, Southland 4V s d. North Island 3%d, selected brands 4>/ s d. Keel —Fores 213-16 d, hinds 3 15-lGd. Australian —Ewes, 2'/od; lambs, leading brands 3'/ a d, fair quality 3 7-10(1, inferior quality 3%d; beef, fores 2%d, hinds 3 !3-l(iii. 'South Aineritan—Beef, frozen fores 2 13-Kid, ltinds :i 1-5-lGd; chilled fores 3 5-Uid, hinds ,'nt. Other meats unchanged. WHEAT AND FLOUR.

London, May 7. The wheat and flour afloat for the Unitetr Kingdom is 3,305,000 quarters, for the Continent 3,300,(M)0 quarters, Atlantic shipments 05,000, and Pacific 15,000 quarters. The total shipments to Europe amount to 1,210,000 quarters, including 354,000 quarters from Argentine, 350,00.) quarters Russian, 75,000 quarters Danubian, 87,000 quarters Indian, and 100,000 quarters Australasian,

lIIGII COMMISSIONER'S REPORT. By Telegraph.—Press Association. Wellington, Monday. Following is the High Commissioner's cablegram under date L6'ndon, May 0: Mutton—The market is depressed as the result of heavy arrivals. Canterbury 3'/ a d, North Island 2%d.' Lamb —There is better (lemand, but slocks are heavy. Canterbury 4%d, other than Canterbury 4d. Beef —Tile market is steady and supplies of American chilled beef are small. New Zealand hinds 3%d, fores 2y g .

Pork—The ruling price for New Zealand pork is o^d. 'Butter —The market is slightly weaker, with less demand. Buyers are holding back expecting prices to go lower. Choicest New Zealand 108s. Australian 100s, Danish 112s, Siberian 100s. Cheese—The market is firm, with improved demand. New Zealand <>2s. Hemp—The market is quiet but steady. New Zealand good fair grade on spot £2O per ton, fair grade £l9, Manila fair current £1!) 10s. Forward shipment about the same. The output from Manila for the week was 23,000 bales. • The stock of New Zealand hemp is' OG2 tons. Cocksfoot seed —The market is very firm, with li'illl stocks on hand. Bright New Zealand seed, weighing 171b per bn-shel, 77s per cwt. Wool—The market remain firm. Mutton and lamb —River Plate shipments received during April, 1011, were as follows:—London, mutton 117,708 carcases. lamb 30,157 carcases; Liverpool, mutton 127,410, lamb 40,078; Hull, mutton 680,00!); Cardiff, mutton 11,025, lamb 4150; Southampton, mutton 21,018, lamb 2722; Bristol, mutton 11,170; Plymouth, mutton 75,03(5. Totals: Mutton 200,845, laml) 5(5,7©2. April last year: Mutton, 225,0-17, lamb 84,315. DAIEY PRODUCE REPORT,

Messrs. E. Griffith & C'o. arc in recciot of the following market report from'their London principals, Messrs. Mills & Spirrow, dated March 24-th: , . Changeable weather has prevailed during the past week, some days being quite slinn'y and warm, and others cold with strong north-oasterlv .wind.?, Butler. Danish.—Arrivals this week were rather larger than last, but they luive cleared fairly well. Siberian—There is a good demand for fresh made butter, the quality of jvnieli is very fine. Stored parcels are, liowerer, neglected. Australian—Arrivals this week consist of 23,000 per s.s. Ophir, 12,000 per s.s. Perthshire, and 22,000 per s.s. Tropic, and although this is a fair quality, the proportion of really finest goods is small. The position,.therefore, on the best quality is unchanged, but seconds are still a very dragging sale; we therefore anticipate rather better prcies on choicest grades during the next fpw weeksj New Zealand.—The s.s. Tonic has cleared up very well, and with the market quite firm on best goods, we anticipate the butters per s.s. Tilrakina, which is expected to dock to-morrow, will, meet with a good demand. The quality of the s.s. lonic butter, with the exception of one or two lots, was very good and has given satisfaction. There is a good inquiry for the s.s. Turakina, but up to the time of writing agents are firm and decline to name a price to arrive. As the butter, in-the ordinary course of events, will not he landed until quite the middle of next week, we are of opinion this is the best course to pursue, as it will all be wanted as soon as ready. Cheese.

Canadian. —The markot is firm, but the higher prices have somewhat checked the demand. Xew Zealand.—There lias been a steady trade at slightly higher prices. We are pleased to say that the quality continues to give satisfaction. The arrivals are clearing well, and the consumption, generally speaking, is pretty good. White and colored are now making about equal prices. Frozen pork.-—Steady and clearing as landed.