COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 115, 1 October 1912, Page 2

COMMERCIAL.

LONDON MARKET. By Cable—Press Association—Copyright. London, September 29. ) Tin plates, 15s lid to 10s lid. Fencing wire, 107s Od. Cotton, September-October shipment, G.29d. •. ' Jute, October sellers £24 2s Od. ' Hemp-, linn and unchanged. Rubber, 4s 6%d. , Copra. —Brisk; South Sea bags, 0«-tober-November, £25 17s Od. Wheat.—Cargoes dull, tending in buyers' favour. HIGH COMMISSIONER'S REPORT. By Telegraph.—Press Association. Wellington, September 30. The following is the High Commissioner's cablegram under date London, September 28. (Note: Quotations unless otherwise specified are average market prices on spot), ' Mutton.—The market is steady and supplies will be moderate; shoulders firm; Canterbury 4%d, North Island 4%d. Lamb. —The market is slightly .weaker, with less demand; Canterbury 5%d. Beef.—-The market is quiet but firm; frozen meat arrivals are heavier than usual; New Zealand hinds 3%d, fores 3y B d.

Butter. —The market remains firm at last quotations; New Zealand 1225, Australian 114s, Danish 121s, Siberian 110s. Cheese. —The market is quiet, with no alteration in price's; Canadian (>ss (id, Kew Zealand 07s.

Hemp.—The market is very firm, with a general and active demand; New Zealand good fair grade £2B ss, fair grade £27, fair current Manila £2B 15s for all positions; the output from Manila for the week amounted to 27,000 bales. Wool.—The market is strong.

Kauri Gum.—The market is firm, and' a good demand continues; prices have slightly advanced for all darkbrown selected rescraped £7- to £B, threequarter scraped 85s to 100s, chips drossy 30s to 455, pale scraped 150s to 170s, diggers' good 50s to 60s; 328 eases were offered and about 120 sold; the stock on August 31, 1912, was 375 tons.

Dalgety and Company, Limited, have received the following cablegram from their London Office, dated 2fith instant:— Since our last cablegram prices for prime beef and mutton tallow are Is per cwt. higher. Other descriptions are from par to fid per cwt. higher.

The market is very quiet. Mutton. —Since our last cablegram prices are y s d to yd per lb lower. Lamb, Is 1-1 fid to y s d lower. Beef.—Prices are unchanged.

Owing to the small quantity of mutton and lamb afloat the market is not likely to go much lower.

Dalgety and Company, Limited, have received the following cablegram from their London Office, under date of 2.lth instant:—■ "Wool sales continue firm, and lately reported rates are fully maintained. For supeT merinos prices are unchanged; but fair to good merinos are from par to 5 per cent, higher."