COMMERCIAL.

Taranaki Daily News, 6 March 1916, Page 2

COMMERCIAL.

TONDON MARKETS. By Cable.—Press Association—Copyright London, March 3. Butter is very firm; Danish, 174s to 178s; Australian, 156s to 158s, secondary 150g to 1545, unsalted 1625; New Zealand 182s to 104s, secondary 150s to 158s,'unsalted 108s; Argentine 140s to 152 a, unsalted 100s. Cheese is firm; Canadian, 08s to 102s; New Zealand, white 90s to 975, colored 97s to 98s. Silver, 27d. Tin-Cash £lB3 10s to £lB3 15s, three months £lB3 15s to £lB4. In stock 18,106 tons, spot 974 tons, afloat 4045 tons, deliveries 1183 tons. Queensland freights have been raised 10s additional to the advance cabled on February 24. _ t Received March 5, 5.5 p.m. London, March 4. Danish butter 178s to 182s. Babbits are firm, New South Wales blues, ex ston, 24s There is a scarcity of English owing to the cold weather and the absence of Colonial arrivals is causing a good demand, enabling holders to clear the stored stocks. . All Canterbury, North Island, and Southland sheep are 7%d, ewes 7}d, New Zealand all BJd except new North Island which is 83d. Australian sheep all 83, lambs B}d. South American sheep, light, B%d, heavy B'/id. Ewes are not offering. Argentine chilled fores ftjd, hinds Bd. Uruguay meat is not offering. Other meats are unchanged. Chicago-May options 112J cents to 114, closing at 113% d. July 108% to 118%, closing at 1 Hi. Wheat and flour afloat. United Kingdom 2,700,000 quarters, Continent 3,500,000 quarters, Atlantic shipments 845,000 quarters, Pacific 2000 quarters, total for Europe 1,410,000 quarters, Argentine 301,000, Australasia 101,000 quarters. Wool catalogued, 30,505 bales, sold 24,998. There was fair competition and a better tone.- The following prices were realised for the fleece portion of the New Zealand clips named, Tawapata, top, 18Jd, average 10% d; Motokis, 20(1 and 183 d; Dome 21 }d and 20d. Cotton, March-April, 7-64 d. .Tute, February-March £34. Hemp, March-May £47 ss. Rubber. —Para 3s 2Jd, plantation 3s lid, smoked 3s 6Jd. Copra, January-March £35 las. The importation of canned, bottled, dried and preserved fruits, esjeept currants, is prohibited after March 13, except it is Empire produce. BANK OF AUSTRALASIA. By Cable.—Press Association—Copyright London, March 3. The Bank of Australasia has paid a .dividend of 14 per cent, and a bonus of 12s. Thirty thousand pounds have ocen added to the reserve fund and £115,096 carried forward. WOOL -SALES, By Cable. —Press Association —Copyright I-iondon, March 3. At the wool sales there was a »oi.d average selection and better completion, but prices were unchanged. The following prices were realised for New •Zealand clip's:—Makikona, top ltUd. average 18Jd; Tohoe, 19Jd and 18d}.