COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 297, 25 May 1915, Page 2

COMMERCIAL.

LONDON" MAKKET IfKPORT. ] Mr. E. (irifliths lias received the fol- j owing market report from his London principals, Messrs Mills ami Sparrow, (luted London, April Hi, 1013: Knttcr.—Tlio market this week lias been rather irregular. Although Danish is officially unchanged, it is making 28 to 4s per cwt. mor" than last week, but colonial has hardly maintained its price, and in most cases is Is to 2s per cwt. easier. There was a. fair quantity of Australian left over from last week to deal with, and unfortunately the qualify, generally speaking, is none too Stood, the larger proportion of recent «'-rivals being of a secondary character. With regard to New Zealand, quite a number of steamers have arrived together, and this has caused rather a glut, so that there is more than what is required for the immediate trade, arid as it is a liard matter to induce Tmyers to take extra stock at present prices, values have sligbtly receded. Colonial arrivals this week consist of: New Zealand, ex C'orinthic 29,000 boxes, Orari 12.000 boxes. Cheese. —There is no change to regood. Arrivals: New Zealand, ex Corinthic 24,000 orates, Orari 21,500 crates.

WHEAT. London, May 22. Wheat is quiet. The quantity afloat for the United Kingdom is 2,770,000 quarters, for the Continent 4,305,000 quarters, Atlantic shipments 783,000 quarters, Pacific 20,000 quarters; total for Europe 1,005,000 quarters, for India 107,000 quarters, Argentine 533,000 quarters. LONDON WOOL SALES. The Hank of Xew Zealand reports having received the following cable advice from, its London ollice:—London wool sales closed very firm. 'Prices now fully equal to close of March series. Owing to congestion seventeen thousand bales of New Zealand wool have, not been offered. Current prices: Crossbreds, coarse lfiV.il to 17d. medium 17d to 17VM. fine 17V=d to lSd. llalfbreds 17' M Merinos, common, 10% d, superior 15% d.