COMMERCIAL

Taranaki Daily News, Volume LV, Issue 102, 16 September 1912, Page 8

COMMERCIAL

THE LONDON* MARKETS. Received 15, 5.5 p.m. London, September 14. Wheat is fiim, and there is a better enquiry for cargoes. An Australian eargo sold at about 40s 3d; holders ask 38s 3d for January-Feoruary shipments, and 38s has been bid. Liverpool futures: October 92'/ 2 cents, December 89% cents; Chicago: September 91% cents to 92% cents, December 90>/2 cents to 91 "4 cents. The 'hop crop is turning out well. The latest estimate is 340,000. Cotton.—September-October, 6.37 J / 2 d. Jute. —September shipments, £24. Hemp is steady. January-March shipments, f27 10s." Rubber, 4s 9»/ 2 d. i Copra is dull." South Sea bags afloat, £25 10s c.i.f. Lead. £2l to £22 10s. The imports *re 16,650 tons, and the exports 5708 tons. Vivian's report forecasts the probability of higher prices. The production is not equal to the consumption, and there is no prospect of an equilibrium being reached in the near future. Received lfi, 12.35 a.m. London, September 15. The wheat and Hour atlo't for the United Kingdom is 2,100.000 quarters, for the Continent 2500,000 quarters. Atlantic shipments 240,000 quarters, Pacific nil. The total for Europe is 1,685,000 •quarters. Argentine 95.000 quarters, Russian 575,000 quarters. Danubian 239,000 quarters. Indian 235,000 quarters, Australasia 74,000 quarters. Messrs. Dalgety and Company have received the following cabled information from their London office, under date September 12:— Tallow. —Since our last telegram, fine beef and mutton is 3d to fld per cwt bigher, good colored mixed is from par to 3d higher, low and inferior descriptions also show an advance of 3d to 6d, but gut is from par to 3d per cwt lower. Frozen Meat: The market is firm, owing to the small supply, but the demand is checked by the high prices. Mutton: The market is very firm; since our last telegram prices are y s & to per lb higher. Lamh shows an advance ■of l-16d to %d. Beef: prices are %d per lb higher.