COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 137, 5 December 1911, Page 4

COMMERCIAL

WHEAT AND FLOUR. By Cable—'Press Association—Copyright. London, December 3. The wheat and flour afloat for the United Kingdom is 2,805,000 quarters, for the Continent 1,395,000 quarters, Atlantic shipments 388,000 quarters, Pacific 40,000 quarters. The total shipments to Europe for the week amounted to 1,185,000 quarters, including Argentine 53,000 quarters, liussian 195,000 quarters, Danubian 280,000 quarters, Indian 72,000 quarters, Australasian 08,000 quarters. LONDON MARKETS. London, December 3. New Zealand meat: Ewes, 3y a d; beef, for(!s .2%d, hinds 3%d. Australian: Sheep, light 3 ! /,d, heavy 3 7-10 d; ewes, 3<4d; beef, fres 2%d, hinds 3%d. South American: Sheep, light 3%d,, heavy 3%d; ewes, 3 7-16(1; lambs, first quality 4%d, second quality 4 1 / 4 d; beef, frozen fores 2'%d, hinds 3 9-lGd; chilled fores 2%d, hinds 4'/ 4 d; other meats unchanged. WELLINGTON WOOL SALES. By Telegraph—Press Association. Wellington, Monday. The local wool sales opened to-day. The catalogues offered totalled 6890 bales. Americans are operating and gave a fillip to the market. Prices are above par with London and a %d to %d above last Wellington sale. HIGH COMMISSIONER'S REPORT. Wellington, Monday. The following is the High Commissioner's cablegram under date London, December 2. (Note: Quotations, unless otherwise specified, are average market prices on spot):— I Mutton. —Stocks of mutton on hand are light and firmly held in few hands. There is dull sale for all qualities, and the quantity going into consumption at present is very small. Canterbury, 4%d and 4%d. Lam'b.—There is a better tone in the market this week. There is a limited demand, but the stock is. small. Supplies of Canterbury are nearly exhausted. Canterbury 5%d, other than Canterbury 4d. Beef.—The market is quiet,, but firm at the advance. New Zealand hinds 3%d, New Zealand fores 2%d. Pork—The market is weak and inactive; price 4'/ad. Butter.—The market is firm, but buyers are more resolved on account of high prices. The value to-day is, for all descriptions, at about the quotations already given, viz., New Zealand 1325, Australian 1295, Siberian 1255, Danish 1375, Argentine 130s. The shipment of butter ex Rotorua arrived in good condition. Cheese.—The market is quiet, but firm. The shipment of cheese ex Rotorua arrived in good condition. The itverage price for the week for finest New Zealand cheese per ewt, is 68s to 60s, Cartadinn 70s. \ ' Hemp.—The market is quiet and steady. New Zealand good fair grade on spot per ton £lO life, fair grade £l9, fair current Manila £2O, forward shipment New Zealand good fair £2O, fair grade £lO ss, fair current Manila £2o' ss. The output from Manila for the week was 20,000 bales. Cocksfoot Seed.—The market remains firm. .... . Wheat.—The market is steady, but there is no demand. New Zealand longberried wheat ex granary (per quarter of 4961b) 35s 6d, short-berried 34s fld. The quotations are nominal. Oats.—The market is firm, with a hardening tendency. Short sparrowbills' ex granary (per quarter of 3841b) 22s (id, Danish (per quarter of 3201b), 19s. Beans.—New Zealand beans f.a.q. (new crop) per 5041b,, 365. Prices are firmer. Peas.—The market, is very quiet and' nothing doing. New Zealand partridge per 504 ib, 30s fld, nominally. Wool.—The market is active, with good demand. Crossbreds are sliirhtiv dearer. Mutton and Lamb.—Following are the River Plate shipments received duriiiir don 58,378, Liverpool 102,589, Hull , Southampton 13,606, Cardiff 0159, Newcastle 5503, Plymouth 1126 Lamb carcases: London 9250, Liverpool' 19,258, Hull 1037, Southampton 4047 Nevyeastrle 439. Totals: Mutton, 201,669lamb, 34,031. November, 1910; jetton 371,770; lamb 20.291. THE HIDE MARKET. .Mr. Newton King has received the following cable from his Sydney agentsre hides: "Eighth higher." '