COMMERCIAL.

Taranaki Daily News, Volume LIII, Issue 302, 16 May 1911, Page 3

COMMERCIAL.

LONDON AIARKKTS. '

l!v ''able —Press Association—Copyright. Ixmdon, May 14. Wheat—Three Australian cargoes sold at, 35s 3d and two others at 35s Cd. Hemp—Dull and unchanged. Copra.—Small business. South Sea bags £22 10s to £23. Cotton, 8.08(1. Rubber, 4s BV a d. Copper—Spot £53 lis :.ld. three month* £54 2s Od; electrolytic £56 2s 6d. Tin-Spot £l9O ss, throe months £ ISA s°. Rabbits—Neglected and unchanged, though the quality is excellent. Wool—At the sale 46,41" bales have been catalogued to date a nil 43,005 sold. All qualities are extremely li.m at opening rates. Continental u.iyers are especially keen for merinos and tine crosslircds. The following are tie ppees realised for the ilecce portion of the clips named:—Kaiwoka, top price liri. average ( J%d; Acland, 13d and 10%J, Kara. Is to ]iy 2 d; Maraoupe, lad and 14d; Mgeio, lOi/jjd and 9%d; IliU'.i, M',4d and •10% d; A.H.W., 11 y a .i an! IiVJ.I. WHEAT AND FLu'.lß, London, May 14. The wheat and flour afloat for the United Kingdom is 3,385,000 quarters, for tho Continent 3,570,000 quarters, Atlantic shipments 122,000 quarters, and Pacific 10,000 quarters. The total shipments to Europe amounted to 1,070,<HM) quarters, including Argentine 258,000 quarters, Russian 745,000 quarters, Danubian 135,000 quarters, Tndian 115,000 quarters, Australasian 74,000' quarters. HIGH COMMISSIONER'S REPORT. By Telegraph.—Press Association. Wellington. Monday. The following is the High Commissioner's" cable, under date London. May 13:— Mutton—There are signs of improvement in the market. Tlie stocks in hand are heavy, but there is a better demand owing to expectations that shipments are likely to decrease. Canterbury 3'/ 2 d,. North Island 2%d. '

Lamb—The: market is firm and thpre is a good demand for all lamb, and prospects are rather more encouraging. Canterbury 4Vid, other than Canterbury 4%' L Beef—The market is quiet. Stocks of Xew -Zealand on hand are light. Xew Zealand hinds 4d, fores 2%d. Butter —The market is weaker, and the tendency downward. Choicest New r aland 106s, Australian 100s, Danish i !2s, Siberian 100s. Cheese—The market is a shade weaker. Xew Zealand tils Cd, Canadian (new) fiOs. Hemp—The market bus advanced .'is' per ton, viz.: Spot, New Zealand goo'l fair, £2O, od, fair grade £lfl 15s; fair current .Manila £l9 ss. Forward shipments, New Zealand good fair £2O ."is, fair grade .€lO 15s; Manila, £lO 1.15.. Tlie Output, from Manila for the week wa5.28.000 bales. . Kauri gum—The market is very quiet. Ordinary to 'fair three-quarter-scraped. £8 10s; fair half-scraped, £5 2s fid; brown, fair half to three-quarter-scraped, £S os; bush fair to good pale and amber scraped, £8 6s; brown pickings, common to good, 40s. Stock, 285 ton?.