COMMERCIAL.
LONDON WOOL SALES. Australian-N.Z. Cable Association. Received Sept, 13, 5.40 p.m. London, Sept. IZ. Wool. A miscellaneous catalogue secured spirited competition. All combing wools sold at late rates, faulty and burry were somewhat slow. There was mucli inquiry for Colonial erossbreds by Yorkshire manufacturers, who fear the Government may compel them to take some English at Government price. The following prices weree realised: Fleece, portions of New Zealand clips named, Kumukumu (top), 20£ d; average, 19% d; Wharamu 21Jd, average ltl.Jd. The list of the seventh series closes on October fl, and is unlimited. The last series of the year is fixed for December sth. LONDON MARKETS. London, September 12. i Coper—Spot, .€lll ss; three months, £108; electrolytic, £l-31. Lead. —Spot ..£3O, three months £2B 15s. Spelter.—Spot £SO, thrr months#44. Tin—Spot £i()9 12s Gd, ..ree months I £l7O 7s Bd. AMERICAN MARKETS AGITATED. Received Sept. 13, 5.5 p.m. * New York, Sept. 12. A sensational bull raid on the stocS market is following the main elections. The stocks in store have now reached high records. Steel (common) is quoted lat 105%. Bethelehcm steels, which re- | eently suffered a slump, has recovered twenty points, all being due to the belief that the chances are in favor of Mr. Hughes' election, ensuring a strong protective pj>licy|, and the negativing the agitation for Government ownership of munitions plant as the first step to the Government ownership pf other industries. HIGH COMMISSIONER'S REPORT. The Department of Agriculture, Industries and Commerce has received the following cablegram, dated London, September 9, from the High Commissioner for New Zealand. (Note —Quotations, unless otherwise specified, are average market prices on spot). Meat.—-Home-killed mutton and beef are in large supply, and there are good supplies of Dutch mutton. Heavyweight mutton, SJd per lb; lightweight muttpn, !)Jd. Lower prices are being quoted for Argentine mutton and lamb owing to continued large supplies of Patagonian. New Zealand mutton, Bj;d per lb; ewe mutton, Argentine mutton, OJrt. New Zealand lamb, !Hd, Argentien lamb H'.}d; Argentine chilled beef, hinds iljd, feres 7 3d. Butter—The market continues firm. DaiUsh, salted, l!)4s to l!)8s per, cwt., Dut{h, salted 180s to lS2s, unsalted lS4s tci 18fe. Irish creamery, 180s to 184s for salted, unsalted 184s .to 188s. Canadian, Salted, 180s to 184s, unsalted 184s to ISB. New Zealand, salted 185s ,tu 188s. Argentine, salted 180s to 182s, unsalted IS2* to lS4s. American cream- ! cry, salted 172s to 17(ls. Cheese. —The market closed firm at the advance. New Zealand white cheese, in small supply, 103s to 105s per cwt; colored 103s to 105s. English cheddar, 114s to llGs. On September Ist the estimated Canadian and States cheese stock at London, Liverpool and Britol were 232,000 boxes against 33fi,000 boxc at same time last year. The estimated New Zealand cheese stocks at London and Bristol on September 1 were 4650 crates against 197,500 crate 9 at same time last year. Hemp.—The market is quiet but firm, j Good fair New Zealand, per ton, £49 110s; fair, £47 10s. Government graded j fair Manila, £sl 10s; coarse, £4B 10s, ! October-December shipments, good fair INew Zealand, £4B 10s; fair, £47. Government graded fair Manila, £SO 10s; coarse, £46 10s. The output of hemp at Manila for the week ending last Saturday was 20,000 bales. Wheat. —The market is firm owing to reduced supplies, but buyers are holding back and buying only what is necessary. Canadian, arrived 09s c.i.f.; Oc-tober-November, 08s. Argentine and Australian on spot, Gfls. English is making record price for forty years at 04s. Oats.—The market is quiet, but moderate business doing. Canadian, on spot, 355. Argentine, 31s (id. Hops.—The market is quiet but firm. English, 1 110s to 130s, Californian, 100s to 120s. Kauri Gum.—Nothing offered for sale at auction. Prices are nominal at last quotations. Wool.—The market is firm.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19160914.2.10
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 14 September 1916, Page 2
Word count
Tapeke kupu
633COMMERCIAL. Taranaki Daily News, 14 September 1916, Page 2
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.