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Taranaki Daily News, 9 May 1916, Page 2

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LONDON PRODUCE MARKET. By Telegraph—Special to News. • Wellington, Yesterday. Lonsdale and Co., dairy produce merchants (Mr. S. Tumor, New Zealand agent), cable as follows: Butter—Market firm at from 163s to 1665. Cheese. —Market very firm owing to shortage of supplies. Quotations: 110s to 112s. LONDON MARKETS.' By Cable.—Press Association—Copyright London, May 7. Rabbits.—Quiet and unchanged. Frozen meat.—Nominally unchanged; supplies are scanty. Cotton.—May-June 7.81 d. Jute.—April-May 32Jd. Hemp.—Quiet; high point, fair; MayJuly, £47 10s. Rubber.—Para 2s lOd, smoked 2s 9|d, plantation 2s S|d. THE WHEAT MARKET. London, May 6. Wheat.—Quiet and steady, with little demand for cargoes; Chicago May options 111} cents to 113J cents, July 112g cents to 114J cents. Wheat and flour afloat.—United Kingdom, 3.475,000 quarters, Continent 4,185,000 quarters; Atlantic shipments 807,000 quarters, Pacific nil; total for Europe, 1,615,000 quarters, Argentine 277,000 quarters, Australasia 189,000 quarters. The Bank- of New Zealand reports:— The London wool sales closed firm, as compared with the March closing. Crossbreds, fine unchanged, medium coarse 5 per cent, to 7$ per cent, dearer; merinos, superior per cent, dearer, inferior 15 per cent, dearer; crossbreds, coarse Is 5Jd to Is 6d, medium Is 6Jd to Is 7d, fine Is BJd to Is 9d; merinos, superior 1b BJd to Is 9d, inferior Is 3d; halfbred, Is 9d to Is lOd. BRITISH TRADE. London, May 6. Imports have increased £2,046,780 and exports £4,648,106'; re-exports have decreased £1,863,605. TARANAKI WOOL, SKIN, HIDE AND TALLOW SALES. MR. NEWTON KING'S REPORT. At my four-weekly sale of the above produce on May 2, I catalogued 63 bales and 98 sacks of wool, 1650 sheepskins, 8 casks and 21 tins tallow, 450 hides and 186 calfskins. There was a larger attendance of buyers than usual and competition was very keen. 'Prices for wool were on a par with last sale. Soifnd pelted woolly skins advanced ly 2 d, tallow advanced £1 per ton. Owing to the embargo being lightened, hides met with a spirited demand and advanced by lV*d to iy 2 d.i Cow hides sold as high as ll%d per lb. This price was obtained by Mr. Clarry, of Eltham, whose lot at this price realised £3 ftj 8d the hide. I quote:— Wool—Fleece, in bales, ll%d to i.3d, lambs 12d to 12y 2 d, seedy to lid, washed ll'/id; in sacKs,' fleece O'/od to l?.y 3 d, lambs 6%d to ll%d, crutchings B>/ 2 d to -fli/gd, dead 9%d to ll'/ 2 d, black fi'/ 2 d, locks and pieces 5d to 7y 2 d. Sheepskins,—Crossbred 9Jd to IOJd, lambs lid, half-wools lO'/id, quarterwools Bd, lamb pelts 6%d, pelts 3d to 6%d. damaged pelts iy 3 d to 4y 4 i, dead and damaged Od to S%d, skin pieces 4d to 7d; damp lines, heavy 8s lid to lis, half-wools 5s lOd to fls lOd, quarterwools 3s lOd to 4s 6d, lambs 4s lOd to 6s 6d. Salted lines: Half-wools 5s 6d to 6s fid, quarter-wools 3s lid to 4s 3d, pelts is Bd. Tallow—ln casks, 26s 3d to 28s 3d; in tins, 22s 3d to 2Ss.

Hides—Cow, stout ll%d, heavy 9%d to lO'/jjd, medium fl'/ 2 d to 10»/ 4 d. light »Vid to 10y 4 d, farmers' 8d to !)i/ s d, cut or slippy o%d to 6%d, horse 6s to 10s, yearlings 7%d to 9>/ B d, cut or slippy 6d to %d.

Calfskins—Sound 7%d to 9y 4 d, cut and slippy srt to 7%d. Bones, £5 per ton. Horse hair, Is 3d per lb, Cowhair, G'/od per lb. Cowtails, Is per dozen.

Clients will please note that owing to the date carded for May 30 clashing with the Wellington wool sale, this sale will not be held My next sale will therefore lie-held on June 27.