COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 285, 11 May 1915, Page 2

COMMERCIAL.

LONDON* -MARKETS. London, May !). [ Rubber—Para, 2s 5%<1. £ Business in the Baltic and Liverpool j exchanges is at a standstill owing to tlie | Lusitania disaster. Wheat and Hour afloat—United Kingdom 2.75,f10ttqr5., Continent 4,405,000, Atlantic shipments 533,000, Pacific 20,000; | total for Europe, 1.370,000, including india 47,000, 'Argentine oOS,OOO. ool—There was good competition •jod 107,037 bales were catalogued, 100,fiC2 being sold. Late rates for all sorts were unchanged. Puketoi, top price H'/iid, average H'/sd. WOOLBROKERS' DISPUTE. 1 Sydney, May '9. A conference of Sydney, Melbourne and Brisbane woolbrokers decided on United action respecting terms' of sale, but buyers refuse to operate. Sydney is unable to purchase from Melbourne or Brisbane except on brokers' terms. HIGH COMMISSIONER'S REPORT. Wellington, May 10. Tlie High Commissioner cables under date London, Hay 8. (Note. —Quotaj tions, unless otherwise specified, arc average market prices oil spot):—■ Mutton.—The market is steady, with very good demand. Canterbury o>/[d, North Island G 1-Gd, ordinary quality 5%d. I.anib. The market is weaker and slightly supplies are increasing ] the high prices, which are restricting business. Canterbury 7%<l for all weights; other than Canterbury 7%d for best quality, second grade 7 0-IGd.

Beef.—'Very little frozen beef is available at the market quotations, which are nominal. New Zealand hinds C%d, fores fi'/nd. Chilled is in moderate supply; hinds 7%d, fores O'/id. Butter.—The market remains firm and a good demand continues for colonial. Prices are firmer on account of the small supply. Danish 148s to 18-Is. New Zealand butter lias been firm this week and the market has advanced 4s. New Zealand 138 a to 14<)s, unsaltcd 140s to 1445; Australian 1328 to 130s, Siberian 130s to 1345; Irish creameries, little offering, at 140s to 1425; Argentine 132s to 1368. Cheese.—The market is (inner. Canadian white jtfis to 083, colored 94s to !)(is. The New Zealand market closed firmer, with more inquiry; white, and colored 03s to 04s. United States is ill good demand; last season's make white and colored SSs to 02s, this season's white and colored 2s less. It is estimated that the Canadian and United States cheese stocks at London, Liverpool, and "Bristol on May 3 were 87,000 elates, chiefly United States flats against 48,00 ft crates at the same tirae year. r i lie New Zealand and Austialian cheese stocks at London and Bristol 011 May 3 were 10.000 crates, which amount does not include 14.000 elates on tlie Kaikoura, whidi is docked but has not yet discharged, against 1 3.000 crates at tlie same time last year. Hemp.—The market is firm and prices slightly advanced for all grades. Noniinaliv transactions are moderate. Now Zealand good-fair grade £33, fair £3l fair current -Manila £3O 10s; May to duly, good-fair .£32 10s, fair £3O Ids. The output from Manila for the weekwas 20,000 bales. Hops.—The market is quiet and steady. English 100s to 7.w, California lbs to ;os. Wheat.—The market is active, with good demand immediately durin" tliis week, but the market for forward sliin--11 1H T lif 't. Canadian on passage (us, May to .func fids; American .runto August .Ws, August to September ->.)s: ,\i on passage . Tin- market is firm, with more inquiry. Argentine on spot 31s, Aliril- . ..i> . \"ew Zealand short (sparroivnlis) on snot .i.js per quarter of 3841b. U ool.— Hie market is weaker, with a, downward tendency fny crossbreds during the week, bet there is no great improvement and the market is firmer for all wools.

VICTORIAN -MEAT EXPORTS. Melbourne nv The value of the Victorian export'of meat tor Imperial purposes to AT.iv 7 was £3fifi,37o. ' '