COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 119, 13 October 1914, Page 2

COMMERCIAL.

LONDON WOOL SALES. By cable.—Press Association. —Copyright London, October 11.

At the wool sales, the following prices were realised for the fleece portions of the clips named:—Waterpeak, top 23% d, average 23d; Manawa. 13d and lS'/jd, prd 15y 2 d and W%d, Two Hearts 12d and 10% d. During the series 37,329 bales were catalogued and 34,081 bales were sold.On Saturday, 8829 bale 9 were offered, of which 4127 bales were New Zealand. The sales closed with the prices the highest of the series. Thero was increasingly strong competition on account of the operations of Home manufacturers. All crossbreds made a decisive advance upon opening rates. Shafty merinos were slightly harder, but shott faulty, wasty, and fine-haired wools felt the lack of Continental support and showed a 10 to 15 per cent, decline as compared with July sales. Wheat. —Rather firmer following on an improvement in the American market. The demand is slow. Holders ask 423 6d. Tho wheat and .flour afloat for the United Kingdom Amounts to 1,985,000 bushels, for the Continent, 1,705,000 bushels; Die Atlantic shipments total 838,000 bushels, and Pacilic over 65,000" bushels; the total shipment to Europe is' 1,115,000 .bushels, including India, 91,000.

Hemp.—The market in dull and unchanged. k

Eubber. —Para, 2s lid; plantation, 2s l'/ 2 d, smoked, 2s 3d.

Copra. —South Sen, bags, SeptonibcrOctooer shipment, £22. Jute.—October shipment, £lB. Quicksilver, ISOs to 190s. Aluminium, £BO to £S4. Straits tin, Cash, £l3l. Spelter.—About £24. Electrolytic and copper, £53 15a to £34.

Dalgety and Company, Ltd., Wellington, have received the following cablegram from their London oflice, under date Bth instant: —"The wool sales continue animated, except for faulty merinos, which are often 20 per cent, lower. Crossbred lambs are 20 per cent, dearer."

The Bank of New Zealand has receiTed the following cable advice from its London office:—"London wool sales closed very tirm for crossbicds. New Zealand held over nil.

AUSTRALIAN WOOL SALES. Sydney, October 12. i Tlio wool brokers have decided to resume the sales. They will be held at Sydney on October 12, Melbourne, October 20, Geeleng, October 28, Brisbane, November 4. Only limited quantities will bo offered. : LOAN AND MERCANTILE REPORT. Tlie New Zealand Loan and Mercantile Agency Co., Ltd., Stratford brantJi, reports as follows. —• At our Stratford yards on Tuesday, October C, we offered a yarding of 470 head of cattle to good competition, practically all lines being sold under tho hammer. We report as follows: Slloto down, old SO* to 675, young 82s to 995; • forward cows, for a H'no of 20, £5 Pa, others, £5 7s to £o 19s ; fat cows, £0 4s to £0 ISs; 2-year empty heifers, 04s Cd to 70s yeaiTuig steers, 52a to. 6T»; yearling Shorthorn heifers, 35s 8d to 475; colored yearling heifers, 41s 6d tioi 535; yoarting bulls, '3os to 4fls. At our springing heifer yards we offorod 40 head, and report as follows: 2-iytoar-old heifors, 8.53 to 955; 3-year-old heifers, 112s Od 10 1655. Since we last reported, we Jwrc disposed of stack privately as follows: Yearling licifera, Shorthorn, 3fis> to *2s; colored yearling heifers, 42s to 475; yearling Shorthorn steers, small 54s 6d to 555, good 60s to 609; woolly hoggets, 15s 6d to Ufa 6d; forwardl ewes, 18s; owes and lamlhs, 253; 2ycar steers, £5 5s to £5 10s.