COMMERCIAL.
LONDON MARKETS. j By Cable—Press Association—Copyright. London, July 15. The wool sales were very strong. Merinos fell from recent rates, but prices for crossbreds were maintained. The Taori clip brought top price, 19|d, average ISJd. The discount market is quiet and unsettled. Bills are about 5J per cent, and short loans 42 per cent. Lead.—lmports 11,550 tons, exports 3180 tons. Lanish butter is firmer and unchanged. Jute is quiet and unchanged. Wheat.—Cargoes are firmly held and sparingly offered. The world's shipments promise to be on the small side. Chicago July options 1103 to 109.} cents. Copra.—Quiet, July-August £3l. Hemp.—lnactive, July-September £43 Cotton.—July-Au°u>t 7.8« d. Rubber.—Para 2s lOd, plantation 2s 03d, smoked 2s 3j,d. I Rabbits,—Weaker, quotations unaltered. Frozen niulteii.—New Zealand Od, ■ Australian SJd. South American 10? d. Wool. —Good selection of crossbrals • and brisker bidding at recent rate* Merino price's were fully maintained. To date 34,075 bales have been catalogued and 30.145 sold. Pungatana clip brought top price lSd, average 17Jd. London, July 16. . The wheat and flour afloat is 1,000,000 o'tirtcrs, for the Continent 4,815,000 quarters; Atlantic shipments 875,000 quarters, Pacific nil. The total to Eur--3 ope is 1,505,000 quarters, including. Russia 20,000 quarters, Argentina 127,000 quarters, Australasia 78,000 quarters. STOCK EXCHANGE QUOTATIONS. London .'July 15. The Stock Exchange ."•-. August H *M |M-i:*lly restore V c pre-war system of double quotations in the official list r,MON RANK .'IEPORT. lor.('on, Jul.'' "•■ 5 The report of the Union Bank allows deposit" as £24,055,785, cash imestments, and remittances £1,103,735, bills £10,005,373. THE WHEAT POOL. ? Melbourne, July 16. The Commonwealth wheat pool has received "3,936,000 bags, of whicli 873,001) sold locally. The receipts are t £11,873,000, while the amount paid to farmer? on a 3s per bushel basis is £22 - , 723,000.
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Taranaki Daily News, 18 July 1916, Page 2
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289COMMERCIAL. Taranaki Daily News, 18 July 1916, Page 2
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