COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 219, 23 February 1915, Page 2

COMMERCIAL.

LONDON MARKETS. ■y Cable —Press Association—Copyright London, February 21. Wheat.— Tending upwards on reports of bad weather in the Argentine. Rabbits.—Very firm, owing to shortage in the market through tlie dock trouble, which has now been settled. Frozen Meat. —New Zealand: North Island sheep, 5 11-lfid, best brands 5 ' ewes, 5%d. Australian: Sheep, light 5 5-lGd', heavy s>/ 4 d; owes, 5 1 / s d; lambs, best brands o%d, fair fl%d, inferior G%d; beef, fores O'/sd, hinds 6%d. South American': Sheep, light 5%d, heavy sy.<l; ewes, none offering; lambs, 1; Argentine chilled fores G%d, hinds 7%d. Other meats unchanged. J u te.—February-March, £lB 15s. Tlemp.—Firm; March-May, £3l 10s. Rubber—Para, 2s 5%d; plantation, 2s 31/, d; smoked, 2s 4%d. Copra.—January-February, £2O. Quicksilver, £252 to £255. Cotton—May-Tune, 4.87 d. The wheat and flour afloat for the United Kingdom is 2,415,000 quartern, for the Continent 3,000,000 quarters; Atlantic shipments 820,000 quarters, of which 133.000 quarters have been shipped at Kew York for undisclosed destinations; Paeific shipments 84,000 quarters. The total to Europe is 1,510,000 quarters, including fntffft 1000 quarters, and Argentine 331,000 ; quarters. ' HIGH COMMISSIONER'S REPORT. Wellington, February 22. Following is the High Commissioner's cf,l,le under date London, February fO (Note. —Quotations, unless otherwise specified, are average prices on spot): Meat.—Good demand continues, an« all descriptions in the market are firm owing !,c reduced supplies ill consequent 0 of the dock 1- tr'I"•• d»!\ng the week. The, strike has now terminated, and work is being resumed. Mutton. There are no supplies of Canterbury 011 hand. North Island, 5 13-1 fid; for best quality ewes, 5%d. Lamb. —No supplies of Canterbury on hand. Other than Canterbury, 7M>d. Beef. —Hind quarter? fl'/jil, fore quarters 6d. Chilled beef, in limited supply; hind quarters, 7%.1, fore (mailers, ey Bd. 8 d. Butter. —Tile market is quiet at Ihe decline. Danis'i, • :S2s to Hoj; New 'ien land, 128s to I 32»; AtHtrnliin, li!«S to 1.305. Siberian: 15,000 rusks, arj cxpe.it. oil from Vladivostock diring the next week. Argentine, no !,r::v."iii. Cheese. —The market is steady at the decline. The Canadian supply is running short; white and colored, S9s to 925; New Zealand white and colored, SGs to 88s. A quantity of United States cheese is on the market at 84s to 80s. Australian cheese continues to arrive, but the Essex cargo is not available. Hemp.—The market is firm. It advanced suddenly owing to the difficulty regarding tonnage. Light shipments of hemp are expected from Penang. New Zealand good fair grade, £29; fair current Manila, £35; forward shipment Kew Zealand good fail; grade, £3l 10s; fair grade, £29 10s; fair current Manila, £35. The output from Manila for the week was 28,000 bales. Wool.—The market is strong. Wheat.—The market has been veryerratic. During last week prices fluctuated from <S2s to 603. There is fair trade doing. Holders are firm, and there are plenty of buyers. Canadian 05s, American 05s, any position; Argentine G4s, February-.March shipment.