COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 91, 3 September 1912, Page 3

COMMERCIAL.

LONDON .MARKETS. By Cable—Press Association—Copyright. London, September 1. Silver. 2!) I-Kid per ounce. The statistical position of silver is very bullish, there being a prospect of heavy American requirements in the near future. Wheat—ln active demand. An Australian cargo sold at 40a 3d. Sellers are firm and are asking 40s 6d off coast for August shipments. Rabbits—rirm and unchanged. New Zealand meat—Sheep: Canterbury, light, 4'/ 2 d: others unchanged; Southland, 4%d; North Island, 4 5-ltid; best brands, 4%d ; New Zealand ewes, 4d. Lambs: Canterbury, light, 5 3-llM; medium, 5%d; heavy, oVllid; others unchanged. Beef: Unchanged. Australian meat: Sheep, light, 4 J / g d; heavy, unchanged; ewes, 4 1-lfld. Lambs, none offering. Beef, fores 3 1-lGd; hinds, unchanged. South American meat: Sheep, heavy, 4 l-16d; others unchanged. Lambs, unchanged. Beef, frozen, unchanged; chilled, fores 2%d, hinds 4<i

HIGH COMMISSIONER'S REPORT. By Telegraph—Press Association. Wellington, Monday. Following is the High Commissioner's cablegram, under date London 31 (quotations, unless otherwise specified, are average market prices, on'spot;— Mutton—Market is firm, with more enquiry for forward delivery. Canteri bury, 41/ i.d (light weights), 4'y 4 d (heavy ! weights; North Island 4%d (light weights), 4y 8 d (heavy weights); ewes, 4d (small business doing and prices weak on market). Lamb—The demand is chiefly for medium weights. Canterbury, 5%d, other than Canterbury 5%d, River Plate 4%d. Beef—The market is steady, but without animation. Quotations show a weaker tendency on account of plentiful offerings of chilled meat. New Zealand hmds 3%d, fore 3 ! / s d; River Plate chilled hinds 4d. fores 2%d. Butter—Market is quiet and prices slightly weaker, except for best quality, which is scarce. Danish 12Ss, Australian., 110s, Siberian 106s. Cheese—The market is firm. The supply of New Zealand is practically ex-1 hiiusted. The average price for the week for finest New Zealand is G7s; Canadian, 66s to 675. Hemp—The market remains firm.' Goqd business has been done this -wceK. New Zealand, spot, good fair, £27 10s; fair, £25 10s to £26, for any positions. Fair current Manilla, on spot, £26; forward shipment, £26 15s to £27. Tow, first grade. £l6; third grade, £ls. The output from Manilla for the week was J 27,000 bales. Wool—The market remains firm. t Kauri gum—The market is firm, with an improved demand at higher prices. Dark brown selected, re-scraped, 130s to 160s; three-quarter scraped, 85s to 100s; j chips, drossy. 30s to 455; re-scraped pale amber, to £l3; three-quarter pale scrap-1 ed, 150s to 170s; diggers' chips, good, 50s to (10s. Five hundred and twentyfive eases were offered and- 300 sold; stock, 267 tons. Wheat—The market is quiet but steady. New Zealand long-berried wheat, ex granary, per quarter of 4961b5, 41s. Oats—The market is stea,dy and fair business is doing. Peas—The market is rather quiet, but the demand is getting better.' New Zealand, partridge peas, per 3041b5, 40s (new crop). Beans—The market is dull and very little busines doing. New Zealand beans, l.a.q. (old crop), per 5041b5, 375; forward shipment, Bfi». Cocksfoot seed—The market is unchanged. FROZEN MEAT AND TALLOW. Balgety and Co., Ltd., Wellington, have just received the following tabled information from their London office under date August 30:— Frozen meat—Mutton: Prices are %d to yd higher since our last wire. LambPrices arc </ 8 d to yd lower. Beef: Prices are y s d lower. Tallow-Mutton: Since our last wire pnees „„. ad higher. For good color and beef prices are Cd higher, and for low and inferior descriptions prices are at par to 3d higher.