COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 202, 24 February 1914, Page 3

COMMERCIAL.

LONDON MARKETS. By Cable— Press Association—Copyright London, February 22. Rabbits —Flat and unchanged. Frozen moat.—New Zealand sheep, North Island 4%d, best brands 4'/ a d; lambs, North Island (Id, selected brands (J 5-l(id. Australian lambs, best brands 5 11-lCd, fair quality, 5%d, inferior I quality o !)-l(id. Beef, Australian hinds 4%d. South American lambs, light 1 5%d, heavy s'/ 8 d;. beef, chilled hinds sViil. Other meats imcliangud. Wheat—Firm and good demand, white qualities moderate inquiry. La Plata is rather higher. Several Aus ( tralian cargoes and parcels sold at 80s to 375. The wheat and Hour a Moat for the United Kingdom is 3,!H5,000 quarters, for the Continent 2,120,000 quarters; Atlantic shipments 285.000 quarters, I'acilic 30,000 quarters. ' The total to Kurope is 1,540,001) quarters, including Australasian 398,000 quarters.

HIGH COMMISSIONER'S REPORT. By Telegraph—Press Association. Wellington, February 23. The following cable has been received from the High Commissioner, under date London, February 21. (Note—Unless otherwise specified quotations are average market prices on spot): Mutton.—Although there is more demand, prices have declined on account of large supplies coming forward. Xorth Island 4'/id for meduim weights, better demand for light weights, which are quoted as high as 4%d. J^anili. —The market is quiet, with no change in prices for best quality, but limited demand for poorer grades. Prices declined for other than Canterbury: (i'/jd for best quality weights. Beef—The market is linn; New Zealand hinds 4'/ad, fores 4d, chilled hinds s</ 4 d. fores 4'/ s d.

Butter—The market 'is steady with improved demand for New Zealand. The Danish market is lirmcr, at 121s to 184s. New' Zealand 114s to lids. The Australian market is quiet tot steady at 110s to 112s. The Argentine and Siberian markets are steady at 110s to 112s. Cheese—The market is steady, and prices well maintained, with fair demand for New Zealand. A small shipment of Australian cheese at Liverpool sold very freely at u'4s to fills. The Canadian market is quiet, but firm; white Oils to 71s, colored 70s to 725. New Zealand white fi3s Gd to ti4s Od., colored -Otis to GOs Oil.

Hemp.—The -Manila market remains very depressed. Prices have declined, and consumers arc holding off. Spot hemp is neglected. The average price for fair current in near positions is £27 ss, in Jlistant positions £27 10s. The output from Manila for the week was 21,000 bales. Fair, £23. These quotations are nominal. February to April shipments, good fair £25 15s. fair £23 ss. Sisal—The market is steady at previous quotations. Tow—The market is steady, with moderate demand; second grade £l2, third grade £ll and £ll us on spot. Wool.—The market for to|)s is active, with good demand; 3G's (low crossbreds) 15% d, 40's (low crosftbreds) Kid, 44's (medium erossbreds) 16% d, 50's (balfbreds) 20d, 5G"s (ouartorbreds) ,22'Yid, GO's (merinos) 28(1.* Hops.—The market is quiet but stead v.