COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 207, 9 February 1915, Page 2

COMMERCIAL.

j "■ ■' "" I LONIiON MARKETS.

By Cable—Press Association—Copyright. x, London, February 7. Rabbits, firm and unchanged. Frozen Meat.—New Zealand sheep: Canterbury, firm aiul unchanged; Canl- terbury light and medium s%d;'North it Island, a 7-llid, best brands S'/jd.; Beef: d Fores 513-l(id, hinds C«d; Australian: it Sheep, first quality, 5Jd; lamb, besl ;e quality oy a d, fair {ityjd, inferior Gd; beef, no fores offering, hinds Argentine: Chilled beef, fores OJd, hinds 7 1 / id. Other meats unchanged. ; i, Wheat. —Quiet and firm. Advices of ;s general rains in Argentine * are counterd acting larger shipments. Bumper wheat n harvests in India arc described as absoi. lutely certain. n The wheat 'and flour afloat for (the United Kingdom is 2,000,000 quarters, for the Continent, 2,230,000 quarters; 1 Atlantic shipments, 028,000 quarters; Pacifio, 70,000 quarters. The total to Europe is 1,230,000 quarters, including India, 11,000 quarters and Argentine j' 230,000 quarters. ' Wool.—The sales closed with well sus- „ tained prices, and competition firm for a all sorts. Merinos were generally 10 I per cent, above December, and erossbieds fully 5 per cent. The United " States has taken 15,500 bales. The following prices were realised for the fleece portions of -tile New Zealand clips s named.—White Rock, top price, 15-Jd, - average, 14gd; Tokiui, 14,Jd and 14d: Aohanga, 15d and 14jjd. There were i, 130,808 bales catalogues to Friday, and - 125,731 sold. HIGH COMMISSIONER'S REPORT. Wellington, February 8. Following is the Iligh Commissioner's cable, under date. February (i, (Note. — Quotations, unless otherwise specified, are average market prices on spot) Mutton.—The market is firm with an improved demand especially for light weights. Canterbury, s§d, heavy weights, Sid; North Island, sid. Lamb.—Good demand continues, and prices arc firmer on account of the difficulty of obtaining supplies, owing to the delay in discharging. Canterbury supplies are nearly exhausted and quotations are nominal. Canterbury Gjd, other than Canterbury, 73d. Beef.—Tile market ' is very firm. Stocks of New Zealand on hand arc light. Hinds, 53d, fores 5 13-lGd, Of chilled there is onlv a, small supply. Hinds 7;Jd, fores OJd. BUtter. —The market is quieter and lirices easier. Danish is slow at 142s to 14(1, New Zealand 138s to 140s, unsaltcd occasionally 1425, Australian 134s to 138s, Siberian no arrivals. Argentine , quiet 134s to 13fls. Cheese.—The market, is firm and prices continue to advance. It is stated that supplies do not meet requirements and on account of the abnormal demand the market is advancing steadily. Canadian, firm, white iiul colored SSs to 00s. I The New Zealand market is firm with good demand for white and colored at 80s to 88s. The ' estimated Canadian cheese stocks at London, Liverpool, and Bristol on February 2 were 81,000 boxes, 'against 123.001) last year. New Zealand I and Australian cheese stocks at London and Bristol on February 2 were 22,700 crates a/air.-t 12.700 year. Hemp.—The market is' active with good demand. Stocks of New Zealand are small. New Zealand, good fair £2B 10s, fair £2O 10s, fair current'

Manila £3O. - Forward shipments, New Zealand, good fair £2B, fair £3O, fair current Manila £3O 10s. The output from Manila for the week was ; 18,000 bales. : Wheat—The market is firm and prices continue to advance, Quotations , are nominal. Canadian 04s, American 635, Argentine G3s. Oats—The market is firm, but the demand is only moderate. New Zealand gartons 345, Argentine 31s. > : Wool.—The wool sales -closed with a very strong market, the prices obtained 1 being the best for the series. The sup- ; ply falls short of the demand. Ameri- : cans are operating freely in merinos and t France and Italy are again buying: Noth- ' ing was held over. Estimated ; values ■" are as follows: Medium crossbred all 3 grades, Is 2d to Is 4d, coarse : crossbreds all grades Is Id to Is 3d, superior f merino Is to Is 2d, medium lOd to Is - inferior 8d to Is. t ? LONDON WOOL SALES. ' The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house under date Bth hist.:—"London . wool sales closed. Market strong. ) Position unchanged." I ' _■ , .