COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 187, 6 February 1912, Page 7

COMMERCIAL

LONDON MARKETS. By 9Mt —?r®«s —Ckpyrigltt. London, February 4. Copper.—Spot £Ol 17s 6d, three months £62 12s 6d. Tin—Spot £194, three months £192. Lead, £ls 12s 6d. Silver, 2(i%d. . Copra—Weak. South 'Sea bags £23 17s 6d. Kauri Gum. —Stock, 376 eases. Ilemp.—Quiet and unchanged. Janu-ary-February-March' shipment £2l as. Cotton.—February-March 5.53 d. Rubber, 4s 7d. Wheat.—Two Australian cargoes sold at 37s 7}M, two others at 37s Cd and 37s 3d respectively. Wool.—The following are the prices realised for the fleece portion of the clips named: Awathea, top price lOd, average 9%d; Ngatapa, 10y a d and 9%d; W.D., 13% d and 9%d.

HIGH COMMISSIONER'S REPORT. By Telegraph—Press Association. Wellington, Monday. Following is the High Commissioner's cablegram under date London, February 3 (Note: Quotations, unless otherwise j specified, are average market prices on spot): — Mutton.—The market is steady but without animation. Best quality is scarce. North Island 4y B d, Australian! 3%d, River Plate S'/jd. ' | Lamb.—The market is firm, with goodj demand for prime quality and a scarcity! of the same. Buyers,are not inclined to] make forward ' purchases ■ at present, prices. Australian 4%d, River Plate 4y 4 d, other than Canterbury 5%d. Beef.—The market remains firm a,nd the supply small but constant. . New Zealand hinds 4y 2 d, fores 4d (nominal). Butter.—The market is steady and likely to remain so. Moderate supplies coming forward from Denmark and Siberia. The average; price for the week for choicest New Zealand per cwt. was 131s, Australian 128s, Argentine 1275, Danish 1355,, Siberian 1295. Cheese.—The market is steady, with good demand for all descriptions, boili white and colored. . Hemp.—Thj market is cjuiet but steady. New Zealand good fair on spot ' £2l 10s, fair grade £2O 10s, fair current Manila £22 j forward shipments about the same. The output from Manila for the week was 39,000 bales.; Hops.—The market is Arm owing to reduced supplies. English £l3, Califotnian £l2. Wool.—The sales have closed. Thej market showed weaker than at the open- 1 , ing, and buyers are cautious. American competition slackened before the close. ) Best wools are unaltered; medium and I inferior a halfpenny less than at the I close of last sale: The estimated values [per lb. are: Superior merino Is to Js j iy.>d, medium merino 0y 2 d to lid, iij-1' ferior merino I'/od to 9d, fine crossbreds I - Jof all grades liy 2 d to Is 0y 2 d, medium ' crossbreds 8d to 10y 2 d, coarse crossbreds (all grades) 7d to lOd; 1500 bales of New Zealand wools are held. , N.Z. LOAN AND MERCANTILE ' ~ 1 AGENCY CO-.'S REPORT. P / The New Zealand Loan and Mercantile' 5I Agency Co. Ltd., Stratford branch, re-®' j ports as followss— - - - ■ On Friday, 2(ith January, we'held oUi ? £ usual monthly sale in pur Te Wera;; * yards, when we had a full yarding -o# '= cattle and a few pens of sheep. The yarding comprised maihly yoiing cattle, 5 for which there was a kden demand, and all the cattle, except one pen of weanerß, were sold a*t the hammer or afterwards. Prices realised wer6 as follows:—Wean-, era 20s to 27s fid, 15-inonths heifera 55s - to 62s Gd, 15-months steers -57s 6d to 66s ftd, 18-months steers to 70s, good two-year-old steers to 92s "6'd, two : year heifers (R.W.8.) 86s, store cows 62s to' ' 7.15, forward cows 95s to 995, cows and f calves 80s, bulls : 30s to '4ls, f.m. ewes 6s to 9s, two-tooth wetfiera lis 5(1 to „ 12s, draught mare £lO 15s, trap £9 10s, trap harness £3 13s {id, dray harness >SB, : ■■ ' ■On usual fortnightly combined sale in ,'our Stratiord yards, when we had a full yarding of cattlel "A" large. prbpoVtion consisted ;pf young cattle and bullocks,, for which' there wag, keen Prices realised were ajß follows:—W-eaner steers 235, mixed weaners 20s to 26s 6d, weaner heifers (good colors) 28s 0d to 355, 15-months heifers 55s to 62s 6d, 15-months steers 57s .6d to 68s fid, two- ™ year steers 80s to -85s, t?vo-year heifers (R.W.8.) 70s to s7s-.'6d,' bullocks lias 6d to 1235, store and io'rward, cows 60s to 935, cOws and calves'7ls to 85g, fat cows 100s to 110s, bulls 60s to 80s.