COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 168, 3 December 1912, Page 2

COMMERCIAL.

[ LONDON MARKETS. ' i X By Cable—Press Association—Copyright. { London, December 1. J The wheat market is tending to be ) easier, on reports of more favorable weatlier. Argentine afloat for the United Kingdom is 2,75 0.01)0 quarters, and for the Continent 2,175,000 quarters. The Atlantic shipments total 531,000; the Pacific 35,000. The total for Europe is 14,00,000 and Australias 10,000. Copra—Active; South Sea, bags, £'2o 12s 6d. Hemp—The market is strong at £4O; fair January-March £32. Rubber, 4s lid. Linseed oil, i' 27. Hides —There is insignificant business; i heavy Queensland 8(1. , Leather- --'Firm; first Wellington 18'/»d. Cotton —Nowmbrr-Dnccmber, G.S2d. NAPIER WOOL SALES. By Telegraph—Press Association. Napier, Monday. The wool sales have opened. The market is exceptionally strong, with keen eompeliiioa from a full bunch of buyers. The catalogue totalled 13,795 bales, and very few lots were passed. The American competition for the better class stimulated the other buyers, and the sale was very strenuous. Evidence of this is furnishi"! by the fact that one consignment of ? bales, comprising nine lots, was put i lir(;!igh in 45 seconds, the price agrcgatin» £2500. The prices showed all round increases, averaging IVsd.