COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 181, 30 January 1912, Page 2

COMMERCIAL

WHEAT AND FLOUR. By Cable—Press Association—Copyright London, January 28. The wheat aild flour afloat for the United Kingdom is 2,565,000 quarters, for the Continent 990,000 quarters, Pacific 450,000 quarters. The total shipments to Europe for the week amounted to 750,000 quarters, including Argentine 130,000 quarters, Russian 105,000 quarters, Danubian 117.000 quarters, India 104,000 quarters, Australasia 120,000 quarters. HIGH COMMISSIONER'S REPORT. : By Telegrapk—Press Association. Wellington, Last Night. Following is the High Commissioner's cable under date London, January 27 j (quotations, unless otherwise specified, being average market prices on spot) : 'Mutton.—The market is quiet. The trade in mutton is very disappointing, there being only a very hand-to-mouth demand. Although there is a very limited supply, buyers are not inclined to make forward purchases of mutton at present prices, in anticipation of heavy arrivals, but holders are firm. North Island 4%d, Australian 3%d to 3y 2 d. Lamb.—i-Good demand for all lamb. River Plate lamb is of better quality than last year. New Zealand lamb, other than Canterbury, average 5%; Australian 4%d; River Plate, 4%^. Beef.—The market is very firm and affected by the decrease in arrivals. The New Zealand stock is almost exhausted. New Zealand hinds 4y 2 d, fores 4d. The small quantity cn hand has been sold at this price. Butter.—The market is very quiet, but holders are firm, as a moderate supply is evpected and an increasing quantity is going to the Continent. The average price for the week for choicest New Zealand butter is 131, Australian 128, Argentine 128, Danish 135, Siberian 1295. Cheese.—The market is firmer, with more demand. The average prices for the week for finest New Zealand cheese is, white 72s -6d, colored 7ls 6d, English Cheddar 90s. Hemp.—The market is a shade weaker. Very heavy shipments are expected from Manila, and the market is dependent on Manila reports. New Zealand good fair grade on spot per ton £2l 10s. Fair grade £2O 10s, fair current Manila, £2l ss. Forward shipment New Zealand good fair £2l 15s, fair £2O 15s, fair current Manila £22. The output from Manila for the week was 31,000 bales. Wool.—The market for merinos is a shade weaker, but the crossbred market remains firm. Cocksfoot Seed. —The market is firm. TAKANAIvI WOOL, SKIN, HIDE AXD TALLOW SALE. MR. NEWTON KING'S REPORT. On Tuesday, January 16, I held my urual four-weekly sade of above produce, the catalogue comprising 159 bales and 212 sacks .wools, 930 hides, 3G04 sheepskins, 18 casks and 33 tins tallow, 2508. calfskins, besides the usual quantity of horse and cow hair, horse tails, bones, etc. There a good attendance of buyers at the sale, competition being keen throughout. Wool—Up to the time of closing the catalogue this was not coming forward very freely, mainly through shearing, being delayed and in some cases to the difficulty in getting conveyances to get the wool in with. I anticipate, however, a big offering at my February sale, when i most of the clips will then be in. Prices ! for inferior and coarse crossbred were on a par with my last offering, but finer sorts were a farthing higher. Skins—Values for these were on a par with late rates. ■Hides —These sold exceedingly well, the market showing an advance all round. Superior heavy advanced y 2 d, medium and light ] / ( d, ordinary y a d to %d. Talloy—ln sympathy with the London markets this receded 20s to 25s per ton. Calfskins—Very feiw now offering; prices at par. I quote:— Wool—Fine crossbred B%d to S%d, medium crossbred 7y 2 d to B%d. coarse crossbred 7d to 7>/ 2 d, cotted 6%d to 7d, ; stained and cotted .6d to 6y 2 d, black fleece 6d, lambs Gsd to 7d, black lambs--5%d, first dead 6%d to 7%d, second dead 5y 2 d to 6y B d, crutchings 4%d, sd, 5y 4 d to 5y 2 d, bellies 5»/ 4 d to 5%d, first pieces 4%d to 4%d, second pieces 2 1 ( 4d to 4d, locks l%d, 2d, 2y 2 d, 3d to 3y„d, scoured pieces 9y 4 d, skin pieces 2y 3 d. Sheepskins—Medium crossbred to «y 2 d, coarse crossbred '5y 2 d to fid, lambs 5%d to fid, second lambs 4y 2 d to sd, damaged 4!d to sd, dead 3%d to4%d, quarter-wools 4'/ 2 d, pelts 4d. Damp lii« at follows: Heavy wool 7s. 3d to 7s 4d, full-wool ss, 5s 4d, 5s 5d,. 5s 6d, 5s 9d, 6s Id to 6s 9d, dead 3s to 5s <s(l, damaged 2s 6d, 3s to 3s 3d, hoggets 3s. 3s '3d to 3s lOd, lambs &>,-2s ,2d, to 2s sd, second lambs, Bd, 10d, Is Id, Is 4d to Is 9d, pelts Id, 3d, ad, 7d, 8d to 9d damaged pelts, Id to 4d; Salted lines: Full wool, 4s Oil. 4s lOd, ss, 5s 4d, 5s 6d, 5s 7d, us 10s, <3s Id to 6s sd, lambs Is lid, ;2s, 2s Id, 2s 3d, 2s 5d to 2s Bd, second lambs Is 3d, Is Cd to Is lOd, pelts Is 6d, Is Bd, Is 9d, Is lid, 2s to. 2s 3d, second pelts lid, Is, Is 2d to Is sd, inferior pelts 3d to 6d, damaged lambs lOd, Is to Is Id, damaged pelts Id to Is.each. Hides—Butchers' ox, extra stout B%d, stout 7%d to Bd, heavy 7d to 7%d, medium 7d to 7y 4 d, light 6%d to 7d, cut ox s'/ 2 d to 6'/od; cow, superior heavy T'/tidi 7j4d, 7'/jd to 7%, superior medium o%d, 7d to 7y g d, superior light 7d to 7y B d, ordinary cow, heavy, 6%d to 6%d, medium Oy,d to «%d, light 6%d to 6%d, farmers' cow j'/gd to farmers' ox Od to 7d, slippy 4%d to B%d, dry hides 4y>d to 6%d, stags 5%d to 5%d, yearlings 6%d to 7%d, special lines 7%d to Bd, slippy 4%d to ad, cut 5%d to fiy,d. Horse hides—Heavy 10s 6d to 13s" cut horse 5s 6d to Cs. Tallow—Best mixed, in casks, 25s 6d to 265, medium 25s to 25s 3d, inferior 14s 9d to 20s 3d; in tins, bes,t lines 23s 6d to 2os 9d, medium 20s 3d to 23s 3d.' Calfskins—Special lines l:0»4d, 10y,d, 10% d, 10% d to 11 %d, firsts B%d, sd, 9%d to lOd, seconds 8d to By.d, fleshy 7y 2 d to 7%d, slippy sy B d, 6%d," 5%d, 6d to 6%d, cut 6i/ s d to Bd, badly cut 5d to 5y 2 d, dry 3d to 4d each. Horsehair, Is 3d, Is 7'/ 2 d to Is 8d lb. Ilorse tails, Gd each. Cow hair, V'/,d lb. Cow tails, Is 7d doz. Pigskins, 2s 4d each. My next sale wil ltake place on Tuesday, February 13. LONDON WOOL SALES. Dalgetv and Co., Ltd., Wellington, have received the following cabled advice from their .London ottice:— Wool sales—Sales continue active Competition is brisk and buying general from all quarters. For merino wools of fine quality, prices are rather higher, and for greasy crossbred wools, suitable for America, prices are 2y, per cent higher. Tallow There is a fair demand, but the market is unchanged. Frozen meat-Mutton and lamb are firm, but prices are unchanged. There is a fair demand for small arrivals, which clear readily. There are no stocks of beef on hand.