COMMERCIAL.

Taranaki Daily News, 12 October 1916, Page 2

COMMERCIAL.

LONDON WOOL SALES. London, October 9. Wool for the forthcoming sales, comprising 09,000 hales, ihas ( arrived, of which 28.000 are Australian and 43,000 New Zealand, the total available bein? 110,000. ° LONDON MARKETS. . London, October 10. Copper—Spot £l2O 15s, three months £ll7 15s; electrolytic, £142. Lead.—Spot £3O 10s, three months £2O 10s. Spelter.—Spot £57, three months £52. Tin.—Spot £l7B 28 fid three months £l7B 7s fid. Silver, 32'/ B d. AMERICAN WHEAT. New York, Oct. 10. Chicago wheat deliveries for December are quoted at 100 cents, compared with lis7y» cents last week. May deliveries are quoted at 159 cents compared with 155% cents. HIGH 'COMMISSIONER'S RE'WJRT. The Department 0 f Agriculture, Industries and Commerce has'received'the following cablegram, dated London, October 7, from the High Commissioner for New Zealand. (Note: Quotations, unless otherwise specified, are average market prices on spot) Meat.—There is a better demand for frozen meat owing to decreasing supplies of Dutch mutton. English lambs are in fair supply. There were no arrivals of Dutch mutton, this week. New Zealand mutton, per lb, B%d'; ewe mutton, Sd; Argentine mutton, Sd; New Zealand lamb, 9%d; Argentine lamb, B%d; New Zealand 'bull bee r , hinds CVsd, fores 5y 3 d; Argentine chilled 'beef, hinds 9 3 /« I, fores 7%d. Butter.—The market continues firm. Demand remains good, but not so brisk. Prices are higher. 'Danish, a restricted demand, 210s to 2125; Irish creamery, salted, 19fis to 198s, exceptionally 200s, unsalted 108 a to 200s; Canadian, salted, 194s to 198s; "N'ew Zealand, salted, 198s 6d, good to fine quality, salted, 18Gs to 190s; American creamery, a steady demand, salted !84a to ISGs, good to fine quality, salted, 182s. Clieesi.—The market is firmer; advance in prices maintained. Canadian, white, 110s to 112s, colored 110s to 112s, good to fine quality, white, lOSs; English cheddar, market continues firm, there being good demand at llSa to 12s, occasional!,? 12|te; New Zealand, market closed irregular and unsettled, white IOSs to 110s, colored 108s to 110s; States fiats, white, l'OSs to 110s. The estimated Canadian and States cheese stocks at London, Liverpool and Bristol ■were 229,000 boxes, against 313,000 at the same time last year. The estimated New Zealand cheese stocks at London and Bristol were 15,150 crates, against 11,200 crates at the same time last year. Hemp.—The market is quiet, but holders are firm. Good-fair New Zealand hemp, per ton, £SO, fair £4S; Govern-ment-graded fair Manila £52, coarse £49, October-December shipment, goodfair New Zealand £49 10s, fa'ir £47, Government-graded fair Manila £sl 10s, coarse £4B. The output of hemp at Manila for the week ending last Saturday was 22,000 bales. Wheat.—There is a firm market. Canadian, arrived, fiSs, October-November 07s; Australian, afloat, 09s; New Zealand long-berried wheat, afloat, 05s. Oats. —The market is firm, but demand only moderate. New Zealand, ex store, 335.

LOAN AND MERCANTILE CO.'S REPORT. Kakaramea. —Forward cows made from £8 5s to £ft 10s, store cows £7 to £S 2s, 'boners £3 18s to £4 ss, heavy bulls £ll, yearling steers £4 ltls Gd to £0 4s Gd. 2-year heifers £5 lis to £5 Ins, yearling to 15-montli heifers £3 10s Gd to £4 lis, fat and forward wethers 39s 7d, good hoggets 275. Pigs sold at late rates. Haiivera.—Fat owes up to 35s 10d, forward condition ewes up to 32s Od, aged ewes and lambs 29s 3d, store ewes 230 forward cows £7 to £7 17s, yearling steers (small) £3 to .£3 12s (id, yearling heifers £3 l'2>s fid to £5, 15-month bulls (igns to 11 '/.pus. In the dairy pens we had a goo.l yarding of dairy heifers, which met with a ready sale. We also sold on account of Mr. .James McPhillips his herd of dairy cows, which averaged the satisfactory price of £ls 10s, the highest price being £22. Threeyear heifers made from £ll os to £l4 os, 2-year heifers £7 10s to £l'o 10s, low-conditioned £G 5t to £7 10s.