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Taranaki Daily News, Volume LVI, Issue 265, 7 April 1914, Page 7

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LONDON WOOL MARKET. I3y Cable—Press Association—Copyright London,.April 5. Tops: The market for merinos is firm; crossbi'cds are easier; bo's \iO\v crossbreds) 10'/ t cl, 50's (lutlfbreds) iii'/od, 44'.; (medium erossbreds) lA,, «o's (merinos) 28% d. FROZEN MEAT.. London, April 5. Frozen meat: Canterbury sheep, light 4 13-lCd, medium 4'/;d, heavy 4>/ s d; North Island 4'/,d ; best brand.* 4%d, ewes 3%d; Australian, light and heavy, 3%d. Canterbury lambs, second quality 5 13-1 fid; North Island 5%, selected J l' inferior Australian 5%d; Sout'-i American, first quality S'/od, second . r >i/ s d. Ne.v Zealand beef, fores 3%d, hinds 4 7-lfi.l: Australian, fores 3%d, hinds 4 5-10 d; South American, frozen fores 3%d, hin.'s 4 7-10(1; chilled fores 3 !)-16d, hints 4%d. WHEAT AND FLOUR. Wheat: Liverpool May SO% cents.. July 86% cents. Tlie wheat and flour afloat for the United Kingdom is 3.815,000 quarters; for the Continent, 2,285,000 quarters; Atlantic shipments, 209,000 quarters; Pacific, 2000 quarters. The total lo Europe is 1,085,000 quarters; Argentim. 110,000 quarters; Russian, 200,000 quarters; Danubian, 177.000 quarters; Indian, 7000 quarter?; Australasian, 183,000 quarters. HIGH COMMISSIONER'S REPORT. By Telegraph—Press Association. , Wellington, Yesterday. Following is the High Commissioner's market report, under date London, Ap; 1 4. (Note.—Quotations, unless otherwiie specified, are average market prices- ■:< spot.) :

Mutton: The market is over-supplied with heavy carcases of mutton, with 'he result that orices have slightly deelin-l for all grades. Canterbury 4'/,dl per lb, light weight 4'/ B <l, heavy weight (Nor';',i Island) 4%d. Lamb: There is dull isale for heavy carcases of lamb, but light weights are in fair demand. Canterbury iiy 4 d per lb, heavy weights 5%d, other than Canterbury 6V s d. .Beef: The market is very dull. Klipplies of American chilled beef are large. New Zealand hinds 4 7-16 d per lb. fores 3%d; chilled hinds 4%d, fores 3 9-l(sd. Enter: The market is dull, with a downward tendency. The Danish market is stuidr and auiet at 122s to 1245. New Zealand is dull at 105s to 108s; Argentine dull at 100s to 104s; Siberian in fair demand at 10« a to lOfls; Australian slow at 102s to 100s. CheeSf: The market is quiet and prices sightly weaker. Canadian white pc- ovt fiSs 'to 70s, colored (10* to 71s; New Zealand, finest white fils. to 02s, fine white 00s to 01s; finest colored (!4s to 04s Od; fine colored (13s to 63, (id; Australian. OOs to (13s. The estimated Canadian cheese stocks in London. Liverpool and Bristol on April 1 were' 73.000 boxes, against 115,000 at the same date last year. New Zealand and Australian stocks in London and Bristol were 77.000 crates, against 50.000 at the same date last. vear. ITerop: The Manila market continues dull, and price; are in -favor of buyer-. Vair current, ner ton. £25 10* to Si las, April to June; .Time shipment., £'?(> ss. The output from Manila for the week was 23,000 hales; last week it was 13,000 bales. The New Zealand market is quiet, .and small business is doing owing to the absence of buyers from the Dominion. £!ood supplies are afloat, however, and the stock* are large. Goo.lfair, per ton. £25 ]os; fair, £22 ss; Aprl to June shipments, good-fair £25 15s to £2O. fair £22 10s. 'High point fur i,i dock this week has lieen sold at. £23 ss. Sisal: The New York market is a shade weaker at 5.25 cents, cual to £25 10s to £2O per ton e.i.f. likrope. Hops: The market is quiet, and prices sliehtlv weaker. The average nric- oY 1013 hops (English) ner ewt. is 130- to HiO.-, Continental 100s to 22ifs, Califoruian Sas to 120s.

AKCFA'TINIC KX TORTS. Wellington, Yesterday. The Department of Agriculture and Industries has received the following cablegram from Buenos Awes, dated ■!! li April: ; •'Tlie following shipments of produce Ivere despatched from tlie Argentine to the United Kingdom during March, 1014. compared with .March. 1H1.'!: Frozen heel. ISli.dOt) quarters (1-11,(1(10): eliilled href, :',74.0M) quarters '(Kil.0(1(1); frozen mnt-(-i.it. KW.ODD carcases (KM.000): I'm::"-! lamb, (ii,(ICO (57.000); butter. -20,088 cwls (!>2S!). IJ>:\l)o.\ AIAUKKT HFd'OUT. Messrs K ('(ninths and Co. are in receipt of the following market report from their London principals. Mes.-.iy, Mills and Sparrow, dated London, February -20, 1(114: I'uttcr.—The general demand has been ;;ood t.l]f<)Ui,'liout the week, a:id any changes that have been made are for ■lightly higher prices. The. Continental demand continues poor, particularly in Ucrmanv. whilst the United Slates posi lion is liot, at all healthy at the moment, end they have more butter on hand than they require for the lime being, hi fact, shipments are being made to I his side of some of the lower qualities to make up for our shortage in undcrgrades. The general trade in this eo-.in-try continues good, and notwithstanding (he expansion in (he sales of margarine, prices for butter are as good as at the same lime last year, whilst (he meipts are heavier. Danish: There has been a good demand, and with the pro-aa-ci o. -hi.r'.c:supplies of Colonial for' (he next si-: weeks, buyers have a. better opinion o l ' !be future, and orders were more plentiful. The Copenhagen quotation .advanced one kroner (Is -2d.) Australian: All qualities are in ;roe.d request. Several factories during the last two or three \ve-d;s have not opened unite so well, and are showing signs of (he cream luiviiij; be*'n lu-ated. There has been a marked improvement in the general qiitilily of Australia!! as compared with the last, year, and we hope that no efforts will be spared to improve the. all round quality. I Xew Zealand: There has been a better tone than for the l:isl two or three i weeks, buyers' generally showing- more disposition to operate. The quotations are. a shade tinner cm tile Week. Siberian: Tliere is an increase of three to four thousand casks i,n (he quantities available for shipment to this' side, as compared with the same time last year (his bring to ii largo extent, owing to the absence of buying on the Continent.

Argentine, .continues to arrive in small fliLuititios. Colonial arrivals this week consisted of: Butter, per s.s. Oolites, 30,1100 boxes Australian: s.s. Tokomavn. I KM) boxes N'cw Zealand; cheese, s.s. .Tukomnru, 10,300 cwts. New Zealand. Cheese.—Canadian: Tin; shrinkage in stocks as compared with hist year !»>■• comes more striking eaeii week. It is estimated that the stock in (ireat Britain and Montreal on the 2nd February as compared with last year shows a shrinkage of 138,714 boxes, and. notwithstanding the big increase in shipments of New Zealand cheese, this increase does not compensate for the tremendous shortage of Canadian, ;ind it is estimated that the total supply, including all quantities on the water, is 411,224 cheese less than at the same period last year. The market continues firm. Xew Zealand: There has been a good demand throughout the week and prices show (id to Is improvement, Colored cheese is making a premium of 2s cwt. ] over white.