COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 85, 27 August 1912, Page 3

COMMERCIAL.

LONDON MARKETS.

By Cable —Preae Association—-Copyright. London, August 25. The wheat harvested will be-unfit for milling for-several months. Australian cargoes are firmer. One sold at 39s ikl, which was also asked for Victorian April-May shipment; 40b for South Australian April; 37b 6d waß paid for a parcel of New Zealand long-berried afloat. Liverpol futures October 91%. cents, December 89% cents, Chicago September 93% to 94 1 / 4 cents, December 93 to §3% cents. The wheat and flour afloat is 2,535,.000 quarters, Atlantic shipments 338,000 quarters, Pacific riil. The total to Europe is 1,125,000 quarters, including Argentine 32,000 quarters, Russian 235,000 quarters, Danubian 220,000 quarters, Indian 123,000 quarters, Australasian 115,000 quarters. Hemp,.—Quiet. August-OctobeT £27 10s.

Jute.—August £23 los. Cotton.—August-September 6.33 d, Rubber, as 2d. HIGH COMMISSIONER'S REPORT.

By T«legraph.—Press Association. Wellington, Monday. The is the High Commissioner's cablegram, under date London, August 24 (quotations, unless otherwise specified, are average market prices On spot):—■ Mutton.—Good demand for all qualities. Moderate supplies are coming forward. The market is firm at last quotations, viz., Canterbury 4%d, North Island 4%d (light), 3%d (heaviest). ' Lamb:—The market is'slightly weaker, with less demand. The weather continues unfaYorable and a email supply of Scotch Umbs has been marketed. The average price- of 'Canterbury was 5%d (light-weights), 5y g d (heavies), other than Canterbury 5%d (light weights), 4%d to 3d (heavies). Heavy weights are difficult to sell. Beef.—The market is quiet, with good demand for hindquarters. New Zealand hindquarters 3%d to 4d, forequartere (slow) 3 ] / g d. Butter.— I The market is quiet, but steady. Danish 128s, Australian Ills, Siberian 107s. • . ; Cheese. —The market is steady, with ; moderate demand. Prices are firm at about the quotation already given. New Zealand white and colored 65s to 66e, Canadian, white 64s 6d, colored 65s (id. ( Hemp.—The market is firm, but there is little doing. 1 Spot New- Zea* land good fair grade £27 ss, fair grade £26; fair current Manila £26 10s; forward shipment New Zealand good fair, £27 10s, fair £26 10s; fair currentManila £27. The output from Manila for the week was 34,000 .bales. Wool.—The market is firm, with more inquiry for crossbred*.

LONDON MARKETS.

and Co., Ltd., * "Wellington, have just received the following cabled advice from their London officerTallow—Since our last wire, priees for good color mutton are 3d higher, also for low and inferior descriptions prices are 3d higher. Other descriptions, prices are unchanged. Frozen meiit —Beef: The demand for New Zealand beef is better and -prices aTe firm. Ox fores, 3%d per lb; hinds, 4d per lb. Lamb: Demand for New Zealand lamb is limited and prices are weak. Prime crossbred lamb, Canterbury, heavy, 5»/ 8 d per lb, light 5%d per lb; prime crossbred lamb, North Island, SV B d, light. 5%d. Mutton: The demand for New Zealand. mutton is better, and prices are firmer. Prime crossbred mutton, Canterbury, heavy. 4y g d per lb, light 4'/ 2 d per lb. " Prime crossbred, North Island, heavy, 3%d per lb, light 4%d lb. Australian 'prime crossbred, heavy, 3y 2 d per lb, liglit 4d per lb."" ... • rr