COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 173, 21 January 1914, Page 2

COMMERCIAL.

MONEY iIARKET. By Cable—Press Association—Copyright London, January 10. Tin- stock markets are very buoyant especially gilt-edged securities, ,owing to tile cheapness of money. Most colonial l.'ovonimcut stocks have advanced 2fle. Consols are. quoted at £M- 15s. The New South Wall's loan is quoted at one per cent premium and the Victorian at a half per cent. Silver, 211 !)-l(id per oz. Share quotations.— Waihi Junction 22s lid and 27.-. lid; Talisman 40s and 42s lid. WOOL, SALES. London, January li). Tho wool sales have opened. ' There is a particularly strong demand for good classes, while mediums were on a par with the closing rates at last sales. Melbourne, January 20. The second series of woo! sales has opened. Competition is keen and well sustained throughout. Prices compared with December aro in tho sellers' favor. BEET SUGAR. London, January 10. Professor Licht estimates that the production of beet sugar has decreased 259,0(K1 lons and that the campaign will show a surplus of 140,000 tons. LONDON' DAIRY PRODUCE RKPORT. Messrs K (Irifliths and Co. are in receipt of the following market report from their London principals, Messrs Mills and Sparrow, dated London, December 12, IMS:— Butter.—Trade throughout the weekhas been good, and general supplies have well cleared. At the close of the week the lone is not quite so strong, and with heavy arrivals advised for January, buyers are not quite so keen, and will"doubtless buy only as they require the goodsAustralian: There lias been a fair demand for all grades. Unsalted is still selling at a discount, particularly the secondary qualities. Our colonial friends must do all they possibly can to turn out mure best goods, and so make top price. Host goods are always the more easily sold, and please all concerned in the transaction. New Zealand: The butters that arrived per s.s. Ruapehu have been well cleared, the few that are remaining unsold being held for top price. Australian arrivals for this week consisted of: Per s.s. Otway, 30,(100 boxes; s.s. Shropshire, 15,000 boxes; s.s. Demosthenes, 531)4 boxes. . Danish: The market is one kroner higher, with a fair general enquiry. Siberian: Ercsh arrivals are very limited, and there has been a fair trade on cold store stocks, which arc now in small compass. Argentine: Supplies continue light,, with prices unchanged. Cheese.—This department is gradually improving. Values have been hoisted j another Is this week. " The delay in New Zealand arrivals lias accentuated i the shortness in stocks on this side. \ WEBSTER, DOBSOX & CO.'S REPORT. J At Slrathmore on Monday we held our ! monthly sale, meeting with a fair yard- i ing of stock and a good attendance. Competition was easy at the hammer j and several pens were passed, but were mostly disposed of later. We quote: Yearling heifers 49s to 51s, steers 5,1s to fiSs, bulls £0 lfls. old cows £2 10s j to £3 ss, fresh cows £5 to £5 12s. : At Stratford on Tuesday we held our fortnightly sale and had a'good yarding of saleable cattle. Competition was brisk and practically every pen was sold under the hammer. We quote.- Yearling heifers 43s to 31s. IS-months steers '£4 Is (id to £4 Sa, cows and calves £4 7, 2-year empty heifer £4 lfls, fat cows £<• 2s to £fi 15s, forward do. Ci ].-,„ /„ •£5 His, old and poor conditioned do. £2 12s to .U 12s Oil, bulls £.3 IDs to £!) 17s fid. - We report private sales as follows:~ Store cows 80s (Jd. £5 Ms, £(i C.3 IDs .€4 Ills, £0 Is, £5 ss, £4 7s (id' fV ewes lis 3d, Us Oil, Ms (Jd, wether's 17s ■' 4d, Ms, 14s 3d, Us Oil, lambs lis (id ]d s Cd, Ids 4d, Ms, lis (id. fat cows ,17 Ills, '£7 10s (id, £7 17s (id, .C 7 2s (id, is' months Jersey empty heifers £5 .Is. bulls £5 Ills to £7*79, yearling steers £3 Is (id, £2, £2 l-2s lid, £-2 10s. £2 111. veiling heifers £2 12s (Id, X2 lis, €2 Ills. , £2 Ms, cows and calves £5 10s, .f.j His £G. ■ '