COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 49, 16 July 1912, Page 3

COMMERCIAL.

, LONDON MARKETS. By Cable—Press Association—Copyright. . London, July 14. Consols, £75 7s Gel. The Union Bank of Australia balancesheet shows that the deposits were £23,228,919, cash investments and re[mittances £10,744,087, bills £17,279,912. | Jute.—August shipment £2l ss.' Hemp. —Good business; prices firm. Cotton. —July-August o.Bld. Copra. —Irregular; fair business in South Sea bays £24. Rubber, 4s "ioy,d. Antimony, £77 10s. Wheat.—An Australian cargo delivered brought 40s 3d. . . ' WOOL SALES. ; London, July 14. Wool.—There was a good .attendance and keen competition; prices were unchanged. Catalogued 91,927 bales, sold 87,103 bales. The following are the prices realised for tile fleece portions of the clips named:—Highfield, top price 12Vod, average 12y 4 d; Teviotdale, 'l4d and 13y 8 d; Gear, 14y 2 d and 10% d. WHEAT AND FLOUR, London, July 14. The wheat and flour afloat for the United Kingdom amounts to 3,470,000 quarters; for the Continent 2,185,000 quarters. The Atlantic shipments total 212,000 quarters, and the Pacific nil. The total shipments to Europe for the week ampunted to 1,210,000 quarters, including Argentine 184,000 quarters, Russian 270,000 quarters, Danubian 133;000 quarters, Indian- 292,000 quarters, and Australasian 13,000 quarters.

HIGH COMMISSIONER'S REPORT. By Telegraph—Press Association. Wellington, Monday. The following 19 the High Commissioner's, cablegram under date London, July 13 (quotations, unless otherwise specified, are average market prices-oil spot): Mutton.—The market is .steady, with very good demand. Canlerburv, 3%d to 4%d; North Island, 3%d to' 4y B d, according to weight. Ewes, 3%d.

Lamb.—There is a-good demand for all lamb. Deliveries are light at the market, on account of the strike, but the rate of discharge is improving, and quo« tations show a weaker tendency. Canterbury, G%d (scarce);-other than Canterbury, y ß d and y 4 d less than these. Beef.—Market quiet. ' New Zealand hindquarters, 4 1 / 4d; , .N'ew Zealand forequarters, 3y 2 d. '' Butter.—The' market is quiet and rather steadier. Stocks of New Zealand are pretty well cleared. Choicest New Zealand butter 113s, Australian 10Gs, Siberian 103s, Danish 1225.' Cheese,.—The, market is declining on acefbunt of heavy Home supplies, and business is dull. New Zealand white 60s, colored 07s. _ . . j ■"' Hemp.—The market,is ,firm with im* proved demand. Spot New Zealand good fair £22 10s, New Zealand fair, £2l ss. Forward shipment New Zealand good fair £22 10s, New Zealand fair grade £2l 10s. Stock..2oS tons.' The market, for< Manila is active at an advance. Spotfair current Manila £23, forward shipment £23 10s. The output from Manila for the week was 24,000 bales.

Cocksfoot Seed.—The'market is very quiet and no a'ttehti.on is given to NewZealand seed. Prices, per cwt. 64s to 70s 1 . Buyers will not buy until the results of the Continental J 'and American crops are known. Wood.—The* market remains firm.