COMMERCIAL.

Taranaki Daily News, 13 May 1921, Page 2

COMMERCIAL.

LONDON MARKETS. THE WOOL POSITION. By Telegraph.—Press Assn.—Copyright. London, May 11. Talisman, 5s lOd and 6s 3d. Lead.—lmports 7951 tons, Australian 250 tons, exports 20G5 tons. Ta110w.—2658 casks offered and 1758 sold. Mutton, fine 35s Gd, medium 325; beef, fine 38s, medium 32s 6d; good mixed 33s 6d. At the free wool sale a good selection of Queensland and West Australia merinos, both greasy and scoured, were keenly competed for by the Continent and Home buyers at full late rates. A small selection of crossbreds were mostly taken by the Continent at full rates. The reports of the Melbourne sales have given general satisfaction in wool circles, and are regarded as an indication of the revival of confidence and falsifying the pessimistic prophesies recently rife in Australia. The Colonial Wool Merchants’ Association has fixed the quantities for the June sales at 3 00,000, comprising 60,000 bales Bawra and all free arrivals to April 9. London, May 11. The New Zealand Loan and Mercantile Agency, Ltd., has declared an interim' dividend of 2 per cent, tax free. HIGH COMMISSIONER'S CABLED REPORT. The Department of Agriculture has received the following cablegram, dated May 7, from the High Commissioner for New Zealand, London I MEAT.

Trade dull but very little change In price. mutton, light-weight, May 7, B%d, 9d; April 23, B%d; N.Z. onutton, heavy-weight, May 7, Bd, 8 5-8 d; April 23. Bd. N.Z. mutton, ewes, May 7, 7%d. N.Z. lamb, from America, Is o%d, Is Id; April 23, Is Id. N.Z. lamb, new season’s, May 7, Is 2%d; April 30, Is 2d; April 23, Is 2d. Australian lamb, May 7, lid, Is l%d. Beef, chilled, hinds, May 7, I’l %d; April 30, 10y 2 d; April 23, 10»Ad. Beef, chilled, fores, May 7, sd: April 30, 5%d; April 23, 5%d. N.Z. ox, best quality, hinds, May 7,6 d, 7d; Aliril 30, 4%d, 6d; April 23, G%d. N.Z. ox, best quality, fores, May 7, 4*&d, 5d ; April 30, 3%ti, 4d; April 23, N.Z. cow and inferior quality, hinds, May 7, 3%d, sd; April 30, 3%d, 4d; N.Z. cow and inferior quality, fores, May 7, 2%d, 3%d; April 30, 2y 2 d, 3d. BUTTER.

Market weak and irregular. Government has reduced price ex store May G to May 12. New Zealand, £9 12s per cwt. (Is B%d per lb), Australian £9 6s per cwt. (Is 7%d per lb), Argentine £8 8s per cwt. (Is 6d per lb). Official quotations are: —

New Zealand, May 7, £9 16s to £9 18s per cwt. (Is 9d to Is 9%d per lb) ; April 30, £l3 5s to £l3 10s per cwt. (2s 4%d to 2s 4%d per lb); Aprjl 23, do. Australian, May 7, £9 10s to £9 14s per cwt. (Is B%d to Is B%d per lb); April 30, £l2 13s to £l2 18s per cwt. (2s 3d to 2s 3y>d per lb); April 23, do. Argentine, May 7, £8 10s to £8 14s per cwt. (Is GHd to Is 6%d per lb) ; April 30, £ll 4s to £ll 18s per cwt. (2s to 2s l%d per lb; April 23, do. Danish, May 7, £9 10s to £lO per cwt. (Is B%d to Is 9%d per lb) ; April 30. £ll 10s to £l2 per cwt. (2s o%d to 2s iy.d per lb); April 23, £l2 6s to £l3 Ids per-cwt. (2b 3%d to 2s 4%d per lb). Irish, May 7, £9 10s to £9 15s per cwt. (Is B%d to Is B%d per lb) ; April 23, £l3 10s to £l4 per cwt. (2s 4%d to 2s 6d per lb).

CHEESE. Canadian, May 7, white, £7 18s per cwt. (Is 4%d per lb) ; colored, stock exhausted, not quoted. April 30, white, £7 16s to £7 18s per cwt. (Is 4y 2 d to Is 4%d per lb; colored, £8 2s to £8 4s per cwt. (Is 5%d to Is 5%d per lb); April 23, white, .£7 10s to £7 14s per cwt. (Is 4d to Is 4%d per lb) ; colored, £8 to £8 2s per cwt. (Is 5d to Is per lb). New Zealand, May 7, white, £6 18s to £7 4s per cwt. (Is 2%d to Is 3%d per lb) ; colored £7 16s to £8 2s per cwt. (Is 4%d to Is 5%d per lb). April 30, white £7 2s per cwt. (Is 3d per lb) ; colored £8 to £8 2s per cwt (Is sd) to Is 5%d per lb). April 23, white £6 14s to £7 2s per cwt. (Is 2 1 Ad to Is 3d per lb); colored £7 16s to £8 2s per cwt. (Is to Is s}4d per lb). Australian, May 7, white £6 16s to £6 18s per cwt. (Is 2%d to Is 2%d per lb; colored, £7 14s to £7 18s per cwt. (Is 4%d to Is 4%d per lb). April 80, white, £7 per cwt. (Is 3d per lb) ; colored. £7 16s to £7 18s per cwt. (Is* 4%d to Is 4%d per lb). April 23, white, £6 14s to £6 18s per cwt. (Is 2%d to Is 2%d per lb); colored, £7 14s to £7 8s per cwt. (Is 4%d to Is 4%d per lb). CASEIN. Market weak and no change in price for imported. English quoted at £6O per ton. HEMP. Manila market is dull and depressed. Continuance of coal strike has caused further stoppage and reduction in cordage industry, which has resulted in decreased' demand. Sellers quote ".1” grade February-April shipment £42, May-July shipment £3B per ton. New Zealand neglected, and tendency downwards. Quotations nominal and unchanged. WOOL. This week’s B.A.W.R.A. offerings will consist of : Australian—Merino, greasy, 10,000 bales; scoured, 2200 bales. Crossbred, greasy, 2050 bales; scoured, 250 bales. New Zea-land-Merino, greasy, 250 bales. Crossbred, greasy, 1550 bales; scoured, 1100 bales; slipe, 750 bales; re-conditioned, 600 bales. Market continues strong, and with good support from Continent and Home buyers 80 per cent, to 90 per cent, offering has been sold. Crossbreds showed no material change, but good merinos show further* slight advance. DAIRY PRODUCE, ETC. RETAIL PRICES. NEW PLYMOUTH.

s. d. Butter Creamery (pats) 2 3 Registered dairy 2 0 Separator 1 11 Eggs 3 S Lard 1 8 Hams 1 2% Sides Bacon 1 2% Rashers Bacon 1 7 Rashers Ham 1 8 Milk (quart) 8 FRUIT. Tomatoes 6d and 8d lb. Passion Fruit 12 for Is Apples (dessert) 6d and 8d Lemons . 4 for Is. Bananas 6d Pears 6d Oranges —Californian Sunklst 4s doz. Island oranges 3s and 4s doz. BUYING PRICES. Butter— Registered dairy 1 9 Creamery (pats) 2 1 Fungus « Flour— 2001b sacks 48 0 1001l> tag 25 6 501b bag 13 0 251b bag 6 11