COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 127, 22 October 1914, Page 4

COMMERCIAL.

TRADE IN METALS. WHEAT PRICES ADVANCING. By cable.-s-Presa Atiirwiiirtoiif -Copyright Received 21, 11.45 p.m. London, October 20. Silver, 22 11-l«d. Copper, £54 to £54 10s. The Metal Exchange Committee has decided to allow private transactions in all metals at unrestricted prices, bat rings arc barred. Wheat continues very firm, owing to a further American advance. There is good demand for Pacific at sixpence to ainepence adv&nee.

SYDNEY WOOL SALES. BeceiTei 21. 1146 p.m. Sydney, October 21. At the wool sales 6464 bales were catalogued and 6641 sold, the prices being at par with yesterday's. AMERICAN WHEAT . Keoeived 22, 12.5 a.m. ' Loaaom, October 21. Wheat.—Tha A»«itn» viaiM* supply is 108,867,000 quarters. WEST OF ENGLAND TRADE. By Telegraph.—Per Press Association.' ' Wellington, Last Night. In a statement to a reporter, Mr. W. 1). l.ysnar, of the Bristol and Dominion Producers' Association, said that it might appear from recent proceedings that there wag a difficulty of space being" procured for produce on ships for West of England port*. This, he said, was not the case. There was the difficulty < of getting space for London, but no trouble existed with regard to ships for Bristol and other west coast Home ports. The only trouble regarding the latter aad been that sufficient vessels had been dillriult to get fer the produce offering.

M-IWTON KING'S HIDE SALE. # At Mr. Netrtoa King's.sale of wool, hidos, skins and tallow, held on Tuesday, prices showoj a decided advance all round under Tery keen competition. Cru tehings adTaneed to 2d to B%d per ' lb, whilst, -tlile. season's fleece opened at 8y 4 per lb. (Sheepelrins are practically y. itbin a farthing af the value rilling be. fori- the war, and 1 showad a rise, of l*4d to 2d on last sales prices. Tlw tallow market has brightened up, and prices show an advance of £2 10b to 13 10s per ton. Hide* eoatitnied on the upward •tendency, all «lasse» showing an increase of %&. to one peaay per lb. Competition for calfskins continued at strong prices, with the exception of "specials," . showing an advanae of %d to one penny per lb. Of a total catalogue of 6346 calfskins, there were sold: Round lines, 01 nt 1* 2d; 234 ait Is iy 2 d, 896 at Is ltf; 1332 at Is 2'/ s *; Wft at ll%d; 964 a.t U%d: 69 at Ud; 1-25 at KM, 63 at 9%d; 184 at 9y a (i, sad 40 at 9'Ad par lb. LONDON WOOL MARKET. Messrs Palgety aad Co.. limited, Wei- . lington, tiare received the following cablegram from their London office, dated lfirh insh—'There is a kem. Jemand for wool aa a. result of large Army orders ami !ow stocks, Pried) are rising, but We do not expect them to la*t when auunlies increase. We quote: Ol's tops 3tW, 40*8 tops 18d.