COMMERCIAL.

Taranaki Daily News, Volume LIII, Issue 308, 23 May 1911, Page 3

COMMERCIAL.

LONDON MARKETS. By cable.—Press Association.—Copyright Loudon, May 21. Rubber, 4s Od. Wheat and Flour.—The wheat and flour afloat for the United Kingdom is 3,550,000 quarters, for the Continent 3,1)00,000 quarters, and the Atlantic shipments 310,000. The total shipments to Europe aggregate 2,025,00 quarters, including Argentine 354,000 quarters, Russian 910,000 quarters, Danubian 135,000 quarters, Indian 109,000 quarters, and Australian 75,000 quarters. Sheep.—Canterbury, light 3%d, medium 3%d, heavy 3%d; Southland unquoted; North Island 25-10 d, best brands 3 l-10d; New Zealand ewes 2%d. Lambs.—Canterbury, light 4%d, medium 4%d, heavy 4>/ a d; Southland 4 5-Kld; North Island 4 3-10 d, selected brands 4 5-10 d. Beef.—Fores 2%d, hinds 3%d. Australian—Sheep, light 2%d, heavy 2%d, ewes 2%d; lambs, best brands 3%<1, fair quality 3%d, inferior qualit. 3%d; beef, fores 2'/ 2 d, hinds 3%d. South American.—Sheep, light 3'/ B d, heavy 2%d, ewes 2%d; lambs, first quality 3%d, second quality 3%d; beef, frozen, fores 2%d, hinds 3%d; chilled, fores 2%d, hinds 3%d, Australian.—Chilled hinds 3%d to 3%d. The market was bad owing to over supply of Argentine, including a badly damaged shipment.

HIGH COMMISSIONER'S REPORT. By Telegraph.—Press Association. Wellington, Monday. Following is the High Commissioner's market report under date London, May 20:— ' Mutton.—The market is very firm, with good demand for prime quality. River Plate is in large supply. Canterbury 3%d, North Island 3»/ B d. Lamb.—The market is firm, with good demand for all lamb. Canterbury 4%d, other than Canterbury 4%d. Beef.—The market is quiet. Supplies of American chilled are large. New Zealand hinds 3%d, fores 2%d. Butter.—The market is dull, and buyers are holding back, expecting prices to go lower. Choicest New Zealand 1.055, Australian 98s, Danish 108s, Siberian 965. Cheese.—The market is, dull, and some buyers are forcing sales. , New Zealand 595, but have just been informed there are sellers at 57s fid. Hemp.—The market is dull, with no immediate change in the market. New Zealand good fair on spot £2O ss, fair grade £l9 ss, forward shipments same price. Fair current Manila £lB 10s, | forward shipments £l9. ' The output foi ! the week from Manila was 20,000 bales. Wheat.—The market is firnf, owing! to reduced supplies. New Zealand long-! berried ex granary, per quarter of 1961b, 35s fid; short-berried 345. Oats.—The market is firm, hut the demand only moderate. New Zealand short sparrowbills ex granary, per quarter of 38411), 20s (id; Danish, per quarter of 3201b, 17s Cd. Beans.—The market is quiet, but holders firm. Now Zealand f.a.q. (old crop) per 5041b, 355, Peas.—The market is quiet, and ma\ »o lower. New Zealand (partridge) per 5041b 42s Od. Wool.—The inarket is firm,' but dins not advanced. Pork.—Not quoted. Season ended.