COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 201, 3 February 1915, Page 2

COMMERCIAL.

LONDON MARKETS. By Cable—Press Association—Copyright. London, February 1. Wool.—There was a good sale, and prices were unchanged. The Teviotdale clip brought: Top price 17d, average 15|d Copper.—Spot £63 12s 6d to £63 17s 6d, three mouths £64 to £64 ss; electrolytic £6B 10s. The supplies total 35,502 tons, deliveries 35,809 tons, stocks 22,627 tons. The total afloat n 44(i0 tons, visible supply 35,125 tons. Tin.—Cash £174 10s to £175, three months £l6O to £162 10s. Stock 17,081 tons, spot 3308 tons, afloat 3287 tons, deliveries 3104 tons. Lead, £lB 12s 6d to £lB 15s. Spelter, £36 10s to £37. Tallow.—Stock 3178 tons, imports 2767 tons, deliveries 2804 tons. Argentine shipments.—Mutton, 69,436 carcases; lamb, 32,132 carcases; frozen beef, 93,174 quarters, chilled, 130,668 quarters. Wheat.—Sixpence to Is advance is asked. The demand for cargoes is checked owing to favorable Argentine weather,

MELBOURNE WOOL SALES. Melbourne, February 2. There was continued and active demand at the wool sales. A feature was the strong American competition, which secured a large share of the merinos. The market generally advanced five per centum. As the result of the objections of a number of buyers to certain German firms operating, the Selling Brokers' Association has embodied a clause in the condition of sale reserving the right to refuse bids without assigning a reason. RESTRICTIONS ON WOOL SALES. Sydney, February 2 The wool sales regulations have been tightened against possible purchases for enemy nations. It is stated that certain buyers intend to take legal proceedings against the auctioneers for refusing their bids. Mr Hughea is obtaining a list of American wool-buying firms who are alleged to be favorable to the enemy. AUCKLAND WOOL SALES. By Telegraph —Per Press Association Auckland, Yesterday. At the wool sales to-day 5929 bales were offered. Bidding was very keen and prices showed an advance on the November sale of last year of Id to ljd o n heavy crossbred and medium and Id on supers. Lambs' wool free from seed sold exceptionally well from 12d to 13d. Up to 1 p.m. the sales were as follows: Fine half-bred merino, 12d to 13id; fine crossbred, Hid to 14d; Shrop shire and Romney, IOJd to 12d; coarse crossbred and Lincoln, 9Jd to 12d. I