COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 283, 27 May 1912, Page 3

COMMERCIAL.

LONDON MARKETS. By Cable—Press Association—Copyright. London, May 24. Wheat.—The markets are stagnant. . Owing to the weakness of America and i the opening of the Dardanelles releasing a large quantity, there is some pressure to sell Indian wheat; 39s 6d is being asked for Victorian and South Australian March-April shipments; 39s] 9d is being asked for South Australian and New South Wales February shipments, and 39s 3d for Victorian March shipments; 38s 3d is being paid for parcels afloat. There are larger supplies of Australian spot, with a small demand * at 41s 6d to 425. Flour.—Dull; Australian shippers at 17s 6d. Peas.—New Zealand store, 38s to 38s 6d. Beans.—Old, 37s 6d to 38s. Butter—Trade is at a standstill owing to a wharf lock-out. Prices are nominally unchanged. Cheese.—Firm. New Zealand white 73s to 73s 6d, colored 74s to 755. Copper.—Spot £73 17s 6d, three months £74 ss. i Tin.—Spot £205, three months £2OO ' 15s. Lead, £l6 10s. Spelter, £25 7s 6d. Iron, 53s lid. Sugar— Geraan 12s, first marks 15s 3d. HIGH COMMISSIONER'S REPORT. (By Telegraph—Special to the "News.") '< Wellington, Saturday. < The following is the High Commissioner's cablegram under date London, May 24 (quotations, unless \ otherwise specifi' d, are average market prices on spot): General.—The market is paralysed, on account of the strike of transport workers, and prices are rising for anything available. Ships cannot discharge. Quotations are nominal. Mutton.—Canterbury 4y>d, North Island 4y 4 d. Lamb. —Canterbury 7d, other than Canterbury 6y 2 d. Beef.—New Zealand forequaxters, 4d, hindquarters 4%d. Butter. —New Zealand choicest 115s. ! Cheese.—The average price for the week for finest New Zealand is: White 73s (id, colored 74s 6d. Hemp.—No change in prices, viz., spot New Zealand good fair £2l 15s, fair. £2O 10s; fair current Manila £22. Forward shipments, New Zealand good, fair £2: l ss, fair £2O 10s; fair current Manila £22 10s. ADDINGTON. At the Addington live stock market, the entries of stock, though very large, were not equal to those of last .week in, the sheep sections. Wethers, forward four and six-tooth 16s to 17s '6d, forward two-tooths and low-condition sorts to 13s, good lines lis '3d to lis 9d, medium 9s 6d to 10s 6d, ewes 12s 4d to 14s 6d (the latter price heing paid for an espe- | cially good line of halfbreds), six and eigth-tooth ewes 14s to 14s 9d, two, four, i six and eight-tooth 14s to 14s lOd, two, | four and six-tooth (small) 13s 7d, full j and failing mouth 10s Gd to 12s, aged sorts 4s 6d to 9s Gd. . , Fat lambs—Tegs sold at I7s 9d to 20s, extra to 245, average freezing weights 14s Gd to 17s Gd, light and unfinished 13s 4d to 14s 3d. A specially prime line of 222 Ryeland-cross lambs made 245, the top price of the season for a large line. Fat sheep—Extra prime wethers to 23s lOd, prime 18s to 21s, lighter 16s to 17s Gd, prime ewes 14s Gd to 20s, extra to 20s 9d, others 9s Sd to 14s. i Fat cattle—Beef realised 22s to 25s per 1001b, according.to quality. Steers brought £7 2s Gd to £ll 17s 6d, heifers £6 to £lO 10s, cows £4 17s Gd to £9 12s 6d. Store cattle —Ycirlings made 28s, 15 to 18-months sorts £2 10s, two-year heifers £3 7s Gd to £3 lis, dry cows £1 15s to £4 15s. A fair number of dairy cows, chiefly of a very useful class, met with a free demand, the prices ranging from £G to £l2, a fairly large number realising from £9 upwards. Fat pigs—Choppers made £3 to £5 7s Gd, heavy baconers 70s to 80s, lighter sorts 50s to 60s (equal to 5%d per lb). Heavy porkers realised from 3Gs to 455, lighter 33s to 37s (equivalent to sy>d per lb). In stores there was a large entry/' and with keen competition for all classesthe sale was a very satisfactory one, The best class sold at 35s to 42s Gd (a line of 50 realising the latter price); smaller sorts 22s to 28s, weaners 10s to 10s. BURNSIDE. At.Burnside best bullocks made up to .£l3 10s, good £lO 10s to £ll 15s, medium £S 10s to £9 15s, best cows and Tieifers £7 10s to £!), extra good to £lO 10s, others £5 10s to £G 15s. Fat sheep—'There was a large yarding, 3120 being penned, consisting principally of ewes, there being very few wethers forward. Ther" was a good sale, due partly to freezing buyers operating for both'ewes and wethers. Prices we're about Is better than last week's rates: Best wethers made up to 23s good V 18s Gd to 21s fid, medium. Ifis' fid to 18s, best ewes to 30s- 9d, good 1.5s Gd to 19s, medium to 14s Gd, inferior 8s Gd to 10s Gd. . Fat lambs—There were. 2480' penned. Prices were, if anything, a shade better than those ruling, last week. Heavy lambs made up to 20s Cd, good IGs 6d to 18s Gd, light and unfinished 13s Gd to 15s fid. Pi;.rs—There was a large yarding of both fat and store pigs. Prices were, if anything, easier than last week's, rates.