COMMERCIAL AND FINANCIAL

Evening Post, Volume LXXXV, Issue 64, 17 March 1913, Page 6

COMMERCIAL AND FINANCIAL

BREADSTUFFS. Bj telegraph.— Press Association.— Copyright. (Received March 17, 8.45 a.m.) LONDON, 16th March. The* -wheat and flour afloat for the United Kingdom totals 3,770,000 quar- j ters; for the Continent, 3,345,000 quarters ; Atlantic shipments, 243,000 j Pacific, 20,000. 'The total shipments to Europe during the week- amounted to 1,640,000 quarters, including 277,000 from Australasia. > LONDON MARKETS. (Received March 17, 8.45 a.m.) j \ ■ , LONDON, 16th March. Copra. — Fair business is reported. South Sea, in bags, £28 5s per ton. Cotton. — The Liverpool quotatiohs for American middling cotton, March-Aprii shipment, is 6.57£ d. Jute.— March-April shipment, £27 10s pet ton. " Hemp. — The market is dull. FebruaryApril shipment, £34 per ton. / Rubber. — Fine hard Para rubber is quoted at 3s Hid per lb.. Linseed Oil. — Spot pipes offering at £24 pet- ton. Lead.— lmports, 11,840 tons ; Australian, 4933 ; exjjorte, ,3843 tons. Galvanised' iron, £16 15s per ton, fir6t brands; £14 15s second brands. Fencing wive. £8 Is per ton. ' j Angle steel, £7 2s 6d. Train rails, £5 16s. Wheat. — Tho market is dull, and prices occasionally ©acierj SSs is oskfrd for New South Wales, Victorian, aDd South Australian January shipment: 37s 3d for South Australian April-May shipment; and 37s 6d for Victorian February. LONDON VoOL SALES. LONDON, 15th March. Tho following aro prices realised at the wool sales for the fleece portions of the clips name :— Te Puru, top price lid, averclips named : To Puni, top pries lid, averOlrig, 12d and Hid; ■ Tattgisau, lid and lOjjd; Gleside, 12^1 jmi.J ll|ri ; Olairi, 14d and lljd. FROZEN MEAT. LONDON, 15th March. The Incorporated Society of Meat Importers' SmithfiGld. market quotations for the undermentioned classes or frozen meat aro based on actual sales o£ not less than one hundred carcasses of mutton or lamb, or twenty-five quarters of beef of fair average quality. The quotations aro hob for selected line-s, but for parcels fairly representative of tho bulk of the shipments now on the market. The prices which foUow aro on tho average a farthing par lb mo-a than tho values ox ship,' thie tfifforenco repreFontinw tho average cost in eiptitee, handling:, conveyance, and selling tho raout :— . Mnttotr— Cnntwrburj. light, 4ld; Canterbury, medium, Ajrd ; Canterbury, heavy, 4Jd ; North Island, best, 4£d ; North Island, ordinary, 4 1-ldd; River Plate, heavy, 3 15-16dj New Zealand ewes, 3fd; Aus> tralian swes, 3 016 f t; River Pinto ewes, Lamb— Canterbury,' light, 6|d; Canterbury, medium, 6jj<l ; Canterbury, heavy, 6.Jd; North Island, ordinary. s|d; North Island, selected, 6&d ; Australian, best, 5 046 d; Australian, fair, sj!'l , Australian, •inferior, s^d. Beef — New Zealand, ox foncs, 3 3-16 d; New Zealand, ox hinds, 3i<l : Australian, ox fores, 3£d; Australian, ox hi«d3, 3£d; River Plate, frozen forw, 3 l-16tl; River Plate, frozen hinds, M-d', Hivcr Plate, chilled fores, 3jfd ; River Platu, chilled hinds, sd. Rabbits aro quiet. There is a better demand for young j'abbitts, but prices aro unchanged. Dalgety and Compuuy, Ltd., Welliugtonj have been advised by coWn from their London office, under date of 13th inst., as follows: — " Frosen Me»t.— js steady, -bat.^ker.B.. ift^a-

proved demahd owing to the reduced prices asked. ' Quotations: New Zealand fores 3|d, hinds 33d. Lamb — There is improved demand, but .any change in prices is in > favour of buyers. Quotations: Canterbury heavy 6jd, Canterbury light 6jjd; North Island heavy and light Bid, Australian good average quality sfd. Mutton — Tho demand is fair, and though prices are nominally unchanged, it is very difficult lo sell at late rates. Quotations: Niorth Island heavy 4d per lb, and light ' 4^d, prime Australian 3|d. Sheepskina I—Compared1 — Compared with the rates at tho dosing; of the last sales, Australian merino ooftnbing and orossbred skins are jjiir to ifl higher, merino clothing id higher. For New Zealand fitio crossbreds pi-ices are rather lower, and medium • and coarse crossbreds are unchanged.'"