COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 64, 4 August 1914, Page 3

COMMERCIAL.

| LONDON HEAT MARKETS. I!y Cable. —Press Association. —Copyright London, August 1. Mutton.—Canterbury, sheep, heavy, 4d; Southland, 4%d; North Island, 3 5-16 d; best brands, 4y 8 d; New Zealand ewes, 3%d. Canterbury lambs, light, 5 15.1 Cd; second quality, light, 5%d; medium, 5V4d; heavy, 5%d; Southland, 5 11-16 d; North Island. 5 11-lGd; selected brands, 5%d. Beef.—New Zealand: Fores, 3%d; hinds, sd. Australian sleep, light, 3%d. Beef: Pores, 3%d; hinds, 4%d. South American lambs. —First quality, 5 11-lSd; second quality, 4 7 / B d. Argentine Beef. —Frozen, fores, 3%d; hinds, 6%d. Uruguay frozen fores, 3 J /id; hinds, 4%d; chilled, none offering. Other meats unchanged. LONDON MARKETS. London, August 2. Wheat.—Nominal: Australian oai_goes alloat 42s to 42s 6(L Hour.—Australian flour, spot, 30s. The Chicago market is. weak, with heavy selling. September S8 to 92 cents. December 91% to % cents.. May 9<>V2 cents. Wheat and flour afloat for the United Kingdom i5''2,455,000 quartern, for the Continent 1.850,000 quarters,. Atlantic shipments 9,974,000 quarters. Pacific nil. The total to Europe is 1,300,00# quarters, inchiding Australasia SOOO quarters. Copra.—Dull. South Sea bai{s £23 10s. HIGH COMMISSIONER'S ItEPORT. By Telegraph—Press Association. Wellington, Yesterday. Following is the High Commissioner's cable under date London, August I. (Note: Quotationsl unless otherwise specified, are average market prices <>n spot):— Mutton. —The market is firm, with an upward tendency. Canterbury 4%d for light weight, heavy weight 4d; North Island 4%d for light weight. Lamb. —The market is weaker and slightly lower as the result of heavy arrivals during the last moith. Canterbury 6d, heavy weight 6'/id. otther Canterbury o%d for light weight. licet".—New Zealand hinds fid, fores 3%d. The supplies of American chilled beef are small: hinds <>Vtd. fores 3%d. Butter.—Tlie market is lery unsettled on account of the European situation. Danish steady 131s to 1345, New Zealand firm 120s to 1"245. Australia i; firm 112s to 11-ls, Siberian unsiiltcd good demand 110s to 114s, Irisu creamery 118s to 120.-, unsalted 120s "o 1225. (

Cheese.—The market is quiet anil steady at present, and not affected to any extent by the European situation. Canadian wiiile and colored 03s to <ws. New Zealand white Otis to CGs Od, colored 04s to (ifc. Hemp.—The market is lifeKs. New Zealand good fair '£24 lfts, fair £22' 10*, ManiSi. fair current £25. Tho output from .Manila for the week was 1(1,000 bales. Kauri gum.—Nothing lias been sold at auction this week. Dark brown selected rescraped £7, dark brown three quarter-scraped £4 10s, dark brown cliip, drossy £2 si, pale amber rescraped £1? 10s, pale three-quarter-scraped £!), diggers' chips good £3 10s. Wool.—Tl\e market is quiet. Grain. —The excitement on the market continues. Trices are still rising. New Zealand wheat Ms c.i.f. A grade Garton's oats 23s c.i.f.

New Zealand ]>ras (iiartnilge) pe' OOllbs i>4s. New Zealand beans f.a.q. (new crop) per 5041b 3:>s (id. Honey.—The market is quiet, and small business is. doing. Mew Zealand finest 455. General business is at a standstill on all markets, except for food supplies. There is nothing doing, because' cover for war risks is impossible at prohibitive charges. Quotations are nominal. The following shipments of produce l.r.ve been despatched from the Argentine to the United Kingdom during July, compared with July. 1913. Frozen (beef quarters, 1914, 11D.OOO (1013. 143,000); chilled beef, 334,000 (254,1X10); frozen mutton carcases, 206,000 (72,000); lamb, 100,000 ( 37.000); butter, cwt. 791 (8T.3).