COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 59, 27 July 1912, Page 8

COMMERCIAL.

LONDON MARKETS. 87 Cfiklc—Press Association—Copyright. London, July 25. At the wool sales there was a good market at recent rates. Share Quotations. —Waihi 32n 6d and 33s 9d, Talisman 37a 6d and 40s. AUSTRALIAN MARKETS. -Sydney, July 25. Wheat, 4s Id to 4s iy a d. Flour.—City £lO, country £9 17s Gd. Bran and pollard, £5. Oats.—Algerian feeding 3a 3d to 3s 9d, seeding 4s; New Zealand, whites 3s 4d to 3s sd, Giants 3s sd. Maize, 4s 4d to 4s 6d. Potatoes. —Tasmanian £lO 10s, New Zealand £7 to £B. ■Butter.—Selected 1445, prime 12Gs to 1343. Cheese, 9V 2 d to lOd. Bacon, 6y 2 d. Adelaide, July 25. Wheat, 4s-l 1 / a d. Flour, £8 17s 6d to £9 2s Sd. Bran, Is 2d. 1 Pollard, Is 3d. Oats, ( 3s 4d to 3s sd. I Melbourne, July 25. Hides.—Sloppy conditioned one farthing lower; others unchanged. Wheat, 4s Id to 4s H/ 3 d. Flour, £9 ss. Bran, £5 15s. Pollard, £6. Oats.—Algerian feeding 3s 3d to 3s sd, seeding 3s S)d to 4s; New Zealand 3s iy 3 d to 3s 4d. Maize, 4s. Peas.—Grey 4s 4d to 4s 6d, duns 4s 3d to 4s 4d. Chaff, £4 10s to £5 7s Sd. Potatoes, £8 to £9 ss. Onions, £l4. LONDON DAIRY PRODUCE REPORT.

Messrs E. Griffiths and Co. are in receipt of the following market report from their London principals, Messrs Mills and. Sparrow, dated June 1: — The strike still drags on, and an attempt has been made to extend it to other parts of the country, but the leaders have not met with much success. Many of the steamers now in dock are being discharged, though the quays and sheds are becoming blocked and badly congested, but cargoes still have to be brought up from the docks by rail and van, as there is. no lightering being done on the river at present. The wi-ather during the, week has been showery, and the grass is now in good condition again. Danish: The quotation has been reduced 3 kroner, on account of the slow demand. Siberian.; This week's arrivals amount to about 10,000 casks, and they have only met with a fair demand. Prices are high for the time of the year, and buyers are therefore not taking any goods for storing, which is usual at this time of the year.

French: Trade has been quiet and prices are unchanged. Irish: Values, if anything, are a little easier. The quality is good, but values being high there is very little storing being done, < .'■■ <■■•.■(*

Australian: Although the s.b. Argyllshire started to discharge her cargo at the end of last week, it was found that the work was being done so slowly, tha< tne snipping company decided to take the steamer round to Liverpool and discharge her there, and rail the buttei to London, so that we shall not get the •remainder of these butters for a few days. The s.s. Osterley, which docked on May 20, has been discharging,, this week. The demand still continues on the quiet side, buyers seeming to have lost interest I in colonial butter, and, really, it is not to be wondered at, seeing the difficulty t there has been just lately in getting hold of the goods. Quite a fair quantity of these butters are going into store, and we have every reason to hope that they will meet a good market a little later on.

I New Zealand: With the arrival of the s.s. Athenic, the season is practically ■ closed, there being only 1200 boxes to arrive per s.s. Remuera and 160 per s.s. Corinthic, which are due> on the 15th 'and 27th inst. respectively. We think | our consigning friends •will agree with, jus that the present prices make a satisfactory finish to a very excellent season, and although it is rather early at present to speak with any certainty of the coming season, it really looks as though we were in for another period of high values, because imports of all kinds of butter into this country during the past few months are exceptionally small, . when compared with other years, and although there is sufficient butter for immediate wants, we are bound to feel the effects, of this great shortage a little later on, when the home and Continental supplies begin to fall off. Cheese. —There is a steady trade for the fine old New Zealand cheese, the quality of which at the present moment cannot be 'beaten. There is a good make of cheese in England, but it is extremely doubtful whether this will balance the shortage of Canadian, although the market looks fairly healthy.

. BUKNSIDE. At Burnside good cattle showed a drop of about 10s per head, but light sorts and cow 'beef declined about £1 per head. Prime bullocks made £l2 15s to £l3 10s, extra heavy to £ls 2s Od, medium to good £lO to £ll 10s, light £8 to £0 10s, best cows and heifers £9 to £lO, extra to £ll I"a Gd, medium to good £7 10s to £8 10s, light £4 to £(> 10s. Fat sheep—Graziers were operating freely for unfinished lines. Best wethers 22s Gd to 24s (id, extra heavy to <u» 3d, medium to good 20s to 225, light and unfinished 17s (id to 19s Gd, best ewes 13s to 20s. Pigs—Bacon pigs wore in demand at late rates, three or four choppers were forward, and sold up to lOGs; suckers 14s to lfls Gd, slips to 19s, stores to 275, porkers to 425, light baconers 45s to 545, heavy baconers to 7os. Fat lambs—Best 17s to 18s fid, extra to 20s 3d, medium to good 15s to 16s Gd, )d, light and unfinished lis Gd to ]4.s.