COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 169, 4 December 1912, Page 7

COMMERCIAL.

LONDON MARKETS. By Cable—Press Association—Copyright. London, December 2. At the wool sales, there is a good demand for all classes. Merinos are unchanged, and crossbreds are firm. Silver, 29 9-16' d. Shares.—Waihi 31s 3d and 33s 9d, Junction 21s and 225, Talisman 355, Consols £75 12s Cd. AUSTRALIAN WOOL SALES. Sydney, December 3. The wool sales at Sydney and Melbourne opened strong, with keen competition for all classes at full rates. The lata weakness had disappeared.

SYDNEY WHEAT MARKET. Sydney, December 3. Owing to the large quantity coming forward there was a big break in prompt delivery wheat, buyers declining to go bevond 3s Od.

HIGH COMMISSONER'S REPORT. By Telegraph—Press Association. Wellington, Tuesday. The following is the High Commissioner's cablegram under date London, November 30. (Note: Quotations, unless otherwise specified, are average market prices on spot):— Mutton.—The market is firm. Canterbury 4%d, North Island 4 1 /, d. Lamb.—The market is firm. Canterbury 5%d, other than Canterbury 5%d. Beef.—The market is steady, with 'an improved demand. New Zealand hinds 3y s d, fores 3d. Butter.—The market is' very unsettled, and speculative. There is a better .demand for best quality. Choicest New Zealand 115s to 118s, 'ordinary quality New i Zealand' lift? to 114s, Australian .110s, Argentine 108s, Danish 1295, Siberian 107s.

Cheese.—The market is stead}', and fair business is doing at lower prices. White 59s Od, coloured 60s 6d.

Hemp.—The market is steady, with an improved demand. New Zealand good fair grade £33, fair grade £3l 10s. fair current Manila £33 for any positions, The output,from Manila for the week amounted to 21,000 bales. Market is strong. :-.

LOAN & MERCANTILE CO|'S REPORT. The New Zealand Loan and Mercantile Agency Co., Ltd. and Reduced, have received the following cablegram from their London'house Under date November 20: , Frozen .meat—The market has slightly improved for beef; firmer for mutton'; but the enquiry for lamb is limited.

LONDON MARKETS,

. Messrs Dalgety and Co., Ltd., hive received cable atlvice from their London office,, dated. November 28, as follows: Wool\ market—Sales continue firm without 'further change. . On November '2B no sales were held owrng to a thick lO£. Frozen meat—Beef: Demand is poor, but sellers are, firm. Quotations: Fores 2%<1. .Kinds 3%d. Lamb.: .Market is dull and demand .poor. , Stocks that are held in' Story consist of stale goods. Quotations:. Canterbury and North Island heavy 5(1, Canterbury light 5%d, North Island light.s%d. Mutton: Demand is fair, and market . steady.' Canterbury heavy 4%d, light. 4%d; North Island heavy 4yd, light 4V a d. Tallow—Fair, demand for ■ mutton at unchanged : prices. Other descriptions par to 3d per ewt. lower. Demand is very small. Rabbitskins—Strong demand; for furriers' top lots. Prices are rather dearer. Other descriptions 10 per cent, higher; cutters', 2d higher.