COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 257, 30 April 1912, Page 7

COMMERCIAL.

LONDON MARKETS. By Cable—Press Association—Copyright, i London, April 28. I Wool.—At the sales the Pahana clip brought, top price lOd, average 9d; Brookdale, 12% d and liy^d. Copra.—Fair business. South Sea bags £25 7s 6d. Jute, £22 ss. Hemp.—April-June shipments £2l ss. Rubber, 4s 9d. Cotton.—April-May shipni<>nts 6.30 d. Rabbits.—Flat and unchanged. WHEAT AND FLOUR. London, April 28. The wheat and flour afloat for the United Kingdom is 4,310,000 quarters; for the Continent 2,800,000 quarters; Atlantic shipments 191,000 quarters; Pacific shipments 28,000 quarters. The total shipments to Europe amounted to 1,440,000 quarters, including Argentine 356,000 quarters. Russian 220,000 quarters, Damibian 190,000 quarters, Indian 44,000 quarters, Australian 90,000 quarters. HIGH COMMISSIONER'S CABLE. By Telegraph —Press Association. Wellington, Monday. The following is the High Commissioner's cablegram, under date London, April 27. (Note: Quotations, unless otherwise specified, are average market prices on spot):— Mutton.—The market is quiet and prices are slightly weaker. Nominal quotations: Canterbury 4y,d, North Island 'light-weights 3%d, heavy-weights 3y 2 d. Lamb. —The market is firm and there is a good demand for all lamb. Canterbury 5%d, other than Canterbury 5%d. I Beef.—The market is firm; stocks of New Zealand beef ori .hand are light; New Zealand' hind-quarters 4 1 /jd, forequarters 3V,d. Butter.—The market is dull and unsettled at lower prices, which are encouraging business. The average prices' for the week were: Choicest New Zealand butter ]o9s.; Australian 105s, Argentina 105s, Danish 119s, and Siberian 1 107s. 1 Cheese. —The market' is slightly weaker with less demand." , she average price for the week..for.,finest New Zealand cheese was 70s; - • ■ - Hemp.—The. market is quiet and steady; /New 'Zealand "quotations unchanged., at. all .positions;, good fair £2l 10s to" £2l l'oiv fair; £2O. The market is firmer for.Manila;/fair-current Manila spot £2l ss, forward, shipment £22. The output from Manila, ftfr the week was 24,0Q0„ba1,e5, :: ; .„.. WooL—The' market .remains firm.