COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 170, 17 January 1912, Page 2

COMMERCIAL

LONDON MARKETS. By Cable—Press Association—Oepyright London, January 15. Silver, 25 fl-lfld; Share Quotations—Waihi, 50s and 52a ftd; Junction, 28s 9d, and 30s; Talisman, 48s 9d and 51s 3d. WHEAT AND FLOUR. London, January 15. The wheat and flour afloat for the United Kingdom is 2,425,000 quarters, for the Continent 1,115,000 quarters, Atlantic shipments 187,000 quarters, Pacific 23,000 quarters. The total shipments to Europe for the week amounted to 90,000 quarters, including Argentine nil, Russian 145,000 quarters, Danubian 153,000 quarters, India 129,000 quarters, Australasia 182,000 quarters. NAPIER WOOL SALES. By Telegraph—Prese Association. Napier, Tuesday. There was an exceptionally good sale at the second wool sale of the season to-day, when 21,000 hales were offered to a very large attendance of buyers. Bidding was teen throughout, especially for well-grown lots, and prices were well up to and some in advance of last sale. Crossbreds ranged from 9y 2 d to lOd, fine crossbreds 10y 2 d to liy 2 d, halfbred B%d to liy 2 d, pieces 6d to Bd. Competition for locks, bellies, and pieces was very keen indeed. LONDON PRODUCE REPORT. Messrs. E. Griffiths and Co; are in receipt of the following market report from their London principals, Messrs. Mills and Sparrow, dated December 8, 1911: Changeable weather has continued, with heavy rains at times, tout these conditions, although unfavorable, have not affected trade. BUTTER. Danish.—A peculiar situation has arisen. Many dairies which make a special quality have bean getting from a higher price than the official quotation, and thte committee, with the object of always quoting the highest price, have included this so-called "overprice" in this week's quotation, raising it from 115 to 118 kroner. Everyone was looking for an unchanged market, and this rise has come as a surprise. Siberian.—The quantity arriving is very small indeed, and the demand is slackening, as buyers are turning their attention more and more to Colonial. Australian.—The s.s. Macedonia, which brought about 48,000 boxes, came to hand in good time, and some of her butters were on the market on Monday last. Considering the heavier quantity, and that there was some butter left over from last week on account of the s.s. Ormuz discharging so slowly, there has been an excellent trade, and although prices are a little lower than when we last wrote, they must be considered very satisfactory for such a quantity. The supply of unsalted butter seems to have been overdone, and to-day hardly any premium for this exists. New Zealand.—The s.s. Rotorua has cleared very well indeed; in fact, there does not eieem to be any New Zealand on the market at all now, and there is no doubt that every box which the B.s. lonic brings will b« wanted. Argentine.—This butter sells steadily, quotations being about 2s less than last week. CHEESE. Thie market is practically unchanged. Trade continues quiet, but there is really feature in this, because it is usual at this period of the year.