COMMERCIAL.

Taranaki Daily News, 28 March 1916, Page 2

COMMERCIAL.

LONDON MARKETS. By Cable.—Press Association—Copyright London, March 26. The -wheat market is lifeless and unchanged; Chicago May options 106% to 108% cents, July 104% to 106% cents. Cotton—March-April, 7.54 d. , Jute—February-March, £34 ss, Hemp—March-May, £ ; 47. * „,./ , Copra—February-April, £35 10s, Rubber—Para 3s V/ a i, plantation 3a 6y B d, smoked 3s 6%d. . i Butter—Danish, 170s to 178s. Rabbits—Firm and unchanged. ' Frozen meat—Little marketed and official quotations are suspended at present. The wheat and flour afloat for the United Kingdom is 3,410,000 quarters; for the Continent, 3.920,006 quarters. Atlantic shipments, 2000 quarters. The total for Europe is 1,595f000" quarters, including Argentine 331,000 quarters and Australasia 138,000 quarters. DAIRY PRODUCE EXPORT. By Telegraph.—Special to News'. Wellington, Last -Night. Messrs J. and J. Lonsdale and Co. (Mr. S. Turner New Zealand agent) cable as follows from London:— Butter—The market is slow at 162s to 1635; unsalted, 162s to 1645. Cheese—The market is quiter, prices being from Is to 2s easier. , CHRISTCHURCH WOOL SALES. .By Telegraph.—Press Association. • Christchurch, Last Night. lAt the concluding wool sale to-day 8297 bales were offered. There was a good attendance of buyers, but several prominent colonial firms were not represented. Much of the wool was of inferior quality compared with that at earlier sales. The bulk of the entry was secured by Dominion and French buyers, Home representatives largely holding aloof. There was good allround competition, but for fleece wools prices suffered -a decline of about y 2 d per lb. The prices realised were: Merino 10% d to 15d, half-bred Wd to 19d, three-quarter.bred 10% dto 16y 2 d, crossbred 10% d to 10% d, longwool (little offered) ll%d to 14% d, Oorriedale 15% d to 18% d and Down 13a/ 4 d. All sorts of pieces sold quite Up to recent quotations, lialfbred making up tq 18i4d, or %& more than any fleece clip sold up to the luncheon adjournment.