COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 22, 16 June 1914, Page 2

COMMERCIAL.

LONDON MARKETS.

By Cable Press Association—'Copyright London, June 14. Butter—New Zealand butter is hardening, owing to scarcity ; salted, 108s to 110s. Rabbits —Flat and unchanged. Frozen meat—New Zealand: Sheep, North Island 3%d, best ufands 4y a d, ewes 3%d; lambs, Canterbury light « 5-16 d, medium 6%d; North Island 6 l-lGd, selected brands 6 3-lSd. Australian: Sheep, light and heavy 3%d, ewes 3 11-Mid;. lambs 5%<1, inferior qualW South American: Shcop, heavy 3%d, ewes 3%d; lambs, first quality i «)%d, second quality «OTd. meats | unchanged.

HIGH COMMJSSIONJiR/S ■REPORT.'

Per Press Association. _ „ . . Wellington, Monday, ro,lowing la the High Commissioner's market report under tote, London, June Lo (.-Note: Quotations, unless otherwise specified, are average market rice'j on spot):— , Mutton.—The market is firm, with a (hardening tendency. Thle market fa affected by the expectation of light ar ovals. Canterbury 4%d per ,to for lieht weight, heavy weight 3%d; North Island 4%d. "nht weight ewes 3%d. --Better demand: for better i ot light weights, poor demand ■' medium weights. Canterbury per (•%'!. oilier than Canterbury Olid, light weights. lieef. The market is dull, especially in tih'e case of fores. New Zealand I hinds per lb 4 7-lfid, fores 3 7-lCd; chilled hinds 5%d, fores 3>/ 3 d. The River Plate shipments received during the month of May, 1914, were: London, mutton 00,001 eawjoses, lamib | 50,704; Liverpool, mutton 151,585 earcases, lamb 90,©2G; H-ull, mutton 13,702 carcases, lamb 503; :Southaimpton, mutton 7112 carcases, lamb 10,389; Newcastle, mutton 4000 carcase?, lamb 500; Ireland, mutton 2987 carcases—totals, May, 1014, mutton 240,047 carcases, lamb 102,122; totals for May, 1913, mutton 175,302 carcases, Limb 128,480. Butter.—The market firm and steady. Danish, slow, per cwt 114s to llfis; New Zealand, firm, IOSs to 110s, exceptionally choice 112s; Australian imiarket quiet but steady, 100s to 104s; Siberian steady, 98s to 102s; Irish creamery firmer, 104s to 108s. Olieese—The market is) fiirnn. with good demand. Canadian old make, per cwt, 08s to 70s; now make, good demand, white 02s to 635, colored G2s to 04s. New Zealand firmer witlh good demand, white 64s to 05s, colored «5a to 665. j Hemp.—The Manila market is very depressed, especially for spot and near positions. Fair current par ton £25 10<t, August-October Shipments £26. The •output from Manila for the week was IT,OOO bales. The New Zealand market is dull, vifch very little business doing at about quotations already given. _ Hops.—The market is steady, with improved demand. Cocksfoot.—No demand for New Zealand cooksfoot for forward shipment. The price asked is imueflt higher ffhan buyers are prepared to nay. They prefer Danish, which can be obtained at 55s e.i.f,, London, good purity and growth guaranteed. Wool.—The market for tops remain's firm; 30's (low crossbreds) Is 4i/d, 50's (bilfbrcdo) Is SVsd, 40's (low crossbreds) Is oi/ 2 d, 56's (qua-TtenbTeds) Is ll%d, 44's (medium crossbreds) Is sd, 60's (merino) 2s 7%d.