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Press, Volume XLIX, Issue 14620, 22 March 1913, Page 13

—- • (By Cable.—Press Association.—Copyright.) TALLOW*. LONDON. March 19. Tallow.—lo2o easks'were offered and 943 sold. Mutton—Fine 39s 3d, medium 35s 3d. Beef—Fine 3Ss 3d. medium 31s 3d. LONDON WOOL SALES. LONDON, March -JO. j The wool iale.s hare closed, Prices ; were unciianged, and competition was ■ maintained. ! The following are the prices realised j for the fleece portions of the clips j named:—Puke-nui. top 10' d. average lOid;- Raeby, top lid. average IOJd. j At the sales, which have closed, j B-ljOlK) bales . were sold for home eon- ! sumption, 36.000 for the Continent. I "iOOO for the 'United States, and 15.000 I hold over. Compared with the Janu- ( ary .sale.-., greasy, merino combings i generally advanced 5 per cent,, others unchanged. Scoured merino advanced i 5 per cent. Choicest crossbreds, which ! lackefl American support, are nn- j changed. Average i»arceis and finer j grade are firm, and coarser advanced 5 \ per cent. Merino lambs generally ad- j vanced 10 per cent., and crossbreds ( fully Id per lb. j The New Zealand Loan and Mercantile Agency Co.. Ltd., advise having re- \ ce-ived a cablegram from Loudon giving i the under noted market information: — i "London wool sales—l3o.ooo bales wild, '■ .40,000 tjiken tor Continent, 1000 for J America. Sales closed with good com- i petition. A.s compared with ljw>t sax>.s j closing rates, prices are about par to ; 5 per cent, higher for coarse greasy j crossbred and crossbred slipe, about par to 5 per cent, lower for medium greasy crossbred. Averago current values for the following descriptions of New Zealand greasy wool -. Good merino 14Jd, medium merino 13d, inferior merino lid, fine crossbred 14d, medium crossbred 12d, coarse 40's lid, coarse 3G's 10' d. Tallow —We quote present spot values for the following descriptions of tallow:—Fine mutton 30s (xl. good beef 35s 3d, mixed 33s 3d. Market firmer for good mutton. Wheat—Australian ; parcel sold at 37s li-d c.i.f.' Tho Bank of New Zealand has re- j ceived the following cable from its j London office: —"The salt** have closed weak, with prospects uncertain. Poli- ! tical events on tho Continent have | quito depressed the market. Total quantity held over, 20,000 bales, of which 0000 bales aro New Zealand. Prices for all kinds of greasy crossbreds are five per cent, lower, compared with the opening of this series." Dalgety and Company, t-iimited, have received the following cablegrams from their London office, dated March 10th : —''The wool sale closed firm, competition being good, but prices somewhat irregular. As compared with closing rates of last sales scoured merino wools of good quality and conditions, prices aro unchanged. Scoured merino faulty wools aro par to 5 per cent, higher. Greasy merino wools are unchanged except for shafty combing greasy wools of good quality, which are par to 5 per cent, higher, and greasy merino wools, heavy earthy and wasty, which are 5 per cent, lower. Greasy crossbred wools of fine quality prices are unchanged. Crossbred wools of medium quality, par to 5 per cent, higher. I Crossbreds suitable for America, 5 per' cent, lower. Coarse crossbred wools aro 5 per cent, higher. Sliped crossbred wools aro 5 per cent, higher. Scoured crossbred wools, a change if any in price is in favour of sellers. Merino lambs' wool, par to 5 per cent, higher. Crossbred lambs' wool 5 per cent, .higher. The total net quantity available amounted to 100,000 bales, of which 4000 were sold to America, 84,000 bales sold for home consumption, 4/5.000 sold to the Continent, leaving 25,000 to bo carried forward. "The frozen meat market is quiet and steady at last quotation. "Since our last message tallow in general is 3d higher. Nothing doing at the moment as buyers aro holding back."' - '-. NEW SOUTH WALES'LOAN.' The underwriters receive 84 per cent, of tho New South Wales loan. RECORD WTIEAT YIELD. SYDNEY, March 20. It is estimated that the wheat harvested totals 30,132,500 bushels, 5,767,000 in excess of the progress estimate made in December. This record is 1.600,000 bushels above the record of 1911. Tho average yield totals 13.8 bushels per acre. M.ETALS. LONDON, March 20. Copper—Spot £64 2s 6d, forward £64 7s 6cl. Electrolytic, £69 S> 6d. Tin—Spot £209 15s, three months £206 ss. Lead—£ls 12s 6d. WHEAT. The market is steadier. The demand is chiefly from the Continent. Liverpool futures —March 7s 5Jd, May 7s 3Jd, July 7s 2'd, September 7s 2"|d, October 7s 2j"d. SHARE QUOTATIONS. (Received March 21st, 5.5 p.m.) LONDON, March 20. The following are tho latest mining share quotations:—Waihi, 30s to 31s 3d; Grand Junction 20s 6d to 21s 6d; Talisman, 35s to 40s. AUSTRALIAN PRODUCE MARKET. SYDNEY, March 20. Oats —Tasmanian white Sparrowbills, 3s 2d to 3s 3d; Algerians, 2s 10d to 3s Id; choice Giants, 3s 2d to 3s 3d. Barley—Capo feed, primo 4s, seed 4s 2d. Maize—Prime 4s 6d to 4s 7d. Potatoes —Tasmanian redskins, £9 to £10. Onions—£B to £8 ss, New Zealand £7" 10s. Butter—Selected 104s, good second grado 98s to 100s. Cheese—7d. Baoon—lOd. MELBOURNE, March 20. Hides —Thero was a fair catalogue at tho sale and prices were unchanged. (Received March 21st, 5.5 p.m.) MELBOURNE, March 20. • Wheat —Buyers 3s Bd, sellers 3s B£d. Flour —£8 los. Oats — Algerian feeding 2s 2d to 2s 4d, seeding 2s Od. Barley—English .'is 9d to 4s 3d, Cape 3s to 3s 3d. Maize—3s lOd. Bran and pollard—£s 15s. Potatoes —£7 15s. Onions—£7 to £7 ss. ADELAIDE, 3Lirch 20. Wheat—3s 7d to 3s 7jd. Flour—£B 12s 6d to £8 15s. Bran and pollard— ls 2d. Oats—2s 2d.