COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 184, 3 February 1914, Page 2

COMMERCIAL.

LOXDOX MARKETS. By Cable —Press Association—Copyright London, February I. Wheat—Quiet. Australian cargoes steady; La Plata easier owing to ship pers being more disposed to sell; 30s is asked for New South Wales just sailed. 35s Od for IiOOO tons West Australia, steamer cargoes 35s 7'/ad.

The wheat and flour alloat for the I United Kingdom is 2.755.0U0 quarters, for the Continent 1,030,1)1)0 quarters. Atlantic shipments 280.1K1U quarter*. I'acilic. 48.0011 quarters. The total to Europe is 1,300,000 quarters, including; Australasian 210,1100 bushels. Copra—Small South Sea bags, spot £27 10s, three months .028. Fencing wire. 142s lid. Anglo steel, 107s Od. Wire-netting, 02 per cent, oil list and 3% to 5 per cent, discount. Antimony, 2s 7'/;d. Hemp—Steady. "March-May, .€2O 10s. Rubber—Para 3s l'/id, plantation 2s 51/jd, smoked 2s Bd. HIGH COMMISSIONER'S REPORT. By Telegraph.—Press Association. Wellington, Monday. following is the High Commissioner's market report (quotations, unless otherwise specified, being average market prices on spot):— For meat generally the market is dull and unsettled. Mutton.—The high prices are restricting business in Hie mutton market. Prices for North Island base declined from iid per lb to 4%d. Lamb—The high prices are restricting business. Prices have declined for other than Canterbury. Up to li'/„d and as high as 7d has been obtained in ■more than one instance. The demand is chiefly for Australia, .which may be quoted

at Id lower. Beef-Stocks of Xew Zealand beef on hand are light, and there is fair demand. Nbw Zealand hinds, per lb, 4y I d, fores 4d. Butter—Tho market is quiet, with no reduction in prices and with fair demand. There is only a moderate demand for New Zealand. The present prices of New Zealand butters are expected to create increasing demand. There is no change in prices for New Zealand, Australian. Argentine and Siberian; Danish is quoted at 125s to 128s.

Cheese—The market is steady, with no change in prices for Canadian. It is reported that some sellers are "liear■ing" the market for Xew Zealand cheese. New Zealand white (its lid (o l)ss. Tlierc is no change in prices for colored. Hemp—The Manila market remains firm. American -buying continues in the Philippines. The purchases to date arc estimated at approximately 100.0(10 hales. At this end the market is quiet Imt steady at last- quotation. The output from Manila for the week was 19,000 hales. The New Zealand market is quiet hut steady. Fair hemp in dock k offered at £24 to £25, high-point fair in the. same position has sold at £25, forward shipment good-fair £2O 10s, fair £24 ss. Sisal—Market steadier and the price equal to £27 to £27 10s c.i.f. Europe. The stocks as at December 30 were 88,174 hales as against 93,004 in the previous year. The total exports for ( the year' were 875,907 'bales, against 855,360 for the previous year. j Wool—The market is quiet but firm.