COMMERCIAL.

Taranaki Daily News, 11 November 1915, Page 2

COMMERCIAL.

LONDON MARKETS. By Cable.—Press Association—Copyright London, Nov. 9. Wheat. —Quiet, with a lower tendency. Copper.—Spot, £73 5s to £"3 IDs; electrolytic, £B9 10a to £M> 10s. Tin, £lO2 to £162 10s. Lead, £52 2s Gd to £24 2s lid Spelter: £B2 to £'7s. Silver, 24 7<l6d. LONDON WOOL SALES. London, Nov. 9. At the wool sales good merinos and all crossbrcds were J'ully firni, but faulty merinos were dragging and there were some withdrawals. The following prices were realised for the fleece portions of the New Zealand clips named: Waihopai, top price 27% d, average 22% d; Wangato, loy 2 d to 15d. The last sale closed the eighth series. N'cw arrivals are 80,000 bales, and the quantity held over from the present series is probably between 20,000 and .'IO,OOO hales. The first series for 1916 is on January 18. The list closes on January 3, and earlier if necessary. HIGH COMMISSIONER'S REPORT. The Department of Agriculture, Industries and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, November 7th. (Note. —Quotations, unless otherwise specified, are average market prices on spot):— Meat. —There is less demand for frozen meat. All descriptions at lower prices owing to a continued large supply of home-killed lamb, together with more frozen meat available for the general public. Mutton.—Canterbury, 7>4 per lb for lightweight, heavyweight 6%d; other brands than Canterbury are not quoted; ewes 5%d. Lamb.—Canterbury, two's 8d per lb. heavyweight fours 7V fl d, second-class quality lightweight 6%d; other brands than Canterbury best quality are not quoted; ordinary quality, fl%d. Beef.—New Zealand beef, second class quality, hinds 5%d per lb, fores 4%d; chilled hinds 7%d, fores ftd. Butter.—The market is quiet but rather steadier. Danish, per cwt, 160s to 16fa; Siberian, slow, the stock is accumulating a,s a result of heavy arrivals, 1263 to 1345; Irish creamery, slow, 146s to 1545; Argentine, first arrival this season, 152s to 1455; United States, prices are irregular, 140s to 150s, low grade 12as to 130s. Cheese.—The market remains firm. English Cheddar, per cwt, 96s to 100s; Cheshire, 100s to 104s; Canadian, white 83s to Sss, colored 84s to 86s, fine 80s to 83s; New Zealand white and colored 82s to 84s; United States, quiet, 76s to 78s, low grade 70s to 745. On November Ist, Canadian and United States cheese stocks to London, Liverpool, Bristol, 275,000 boxes against 263,f1{)0 boxes at the same time last year. New Zealand and Australian rotation (?), Bristol 3100 crates against nil last year. Hemp.—The market is firm. New Zealand good fair, per ton j on spot, £35; fair, £33. Manila, new graded fair, per ton, £42. November to January shipment—New Zealand good fair, per ton, £34 10s, fair £32 10s. The output from Manila for the week was 18,000 bales. Wheat.—The market i 9 firm, and prices continue to advance. Canadian, per quarter, November to December shipment, 545.

Oats.—The market is firm, with more inquiry. Argentine, on spot. 32s fid per quarter; shipment in November, 31s 6d.