COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 15124, 15 October 1912, Page 5

COMMERCIAL.

LONDON MARKETS. FROZEN MEAT BATES. ; • Cy Telejrn>l«.-rr«. A«*!»tl<m.-Coprrljrh». London, October 13. '„ .. Southland, 4- 7-16 d; >"<*"» Island, gfiJfWfc * M6d; New Zealand C TJ£-- Canterbury Beef- Fores. Zid: hinds. o|d. kalian: Sheop-Light, **d: owe,. 4d. -B~.f_Forcs.2sd; hinds. 3±d. Sou'h American: Sheen— 4-, d. TVef-Fi-ozen. fores hinds 3gd; chilled, fores Sid, hinds 4Jd. Other meats michanged. Rabbits: Firm and unchanged. Hares: A few Australians selling at about. Bs. ' ._ HIGH COMMISSIONER'S ADVICE. ■ ( B r TELECBATn.—rBESS ASSOCIATION.) Wellington, Monday. The Rich Commissioner's cablegram. dated London. October 12. is as follows (Quotations, unless otherwise specified, averape market price oa spot):— MUTTON. ' The market is quiet- Canterbury. Jforth Island. *Jd : River Plate. 4id. LAME. There has been no alteration in the marfret since last, week. Canterbury, s|d; other than Canterbury, 51d. BEEF. The market is dull, and supplies are increasing. New Zealand hindquarters, 3|d; forequa-rt«rs, 2jd. BUTTE The market is very firm for best quality, s.ut there are large stocks of second-class quality in cold store. Danish. 131s; Siberian. 112s; Australian, 115s; New Zealand (nominal), 1245. CHEESE. The market is quiot, and only small business beinp done. Canadian whit*?, 64s 6d; 'coloured, 65s 6d. WHEAT. The market is quiet. New Zealand long■berried -wheat, ex granary, per truaxter, 54961b, 39s 6d; shortborried, 335. OATS. The market is dull, and very little business ! is being done. New Zealand short (sparrow- ; bills), ex granarv. per quarter of 3841b, j 2fc bd. ' BEANS. The demand is improving, but prices are unchanged. New Zealand f.a.q. (new crop), per 5041b, 3Ss 6cL TEAS. The market is firm, but the demand is only moderate. New Zealand peas (partridge), per 5041b, 40s 6d. UNSEED. The market is dull and unsettled. Bombay, 60s 9d; Calcutta, 60s; Plate, 565. COCKSFOOT SEED. Th'. market is very dull

Tho New Zealand Loan and Mercantile Agency Company. Limited and Reduced, -has received the following cablegram from its London house under date October 9:— "Wheat: "Wo quote 39s c.i.f., Australian parcel. The market is firm, with, a fair .demand. Owing to the political situation, ■the outlook is uncertain for Continental ' market prospects. Oats: Wo quote 25s 6d. •The market is firm, with a good demand/' A BANK'S PKOFTTS. By Telegraph.—Press Association.— London, October 13. Tbe balance-sheet of the English, Scoti tish, and Austrelifn Bank shows a profit of £229,015 interest paid on perpetual stock : lotah;. £99,0*1: added to- tho reserve, • £45.000. A dividend of 8 per cent, is declared, £14,385 is written in cancellation deposits, £5000 to officers' fund, and £32,443 •is carried forward. AUSTRALIAN MARKETS. INCREASE IN PRICE OF POTATOES. . By Telegraph.— Association.—Copyright (Received October 14, 9.35 p.m.) Stdxet, October 14. The price of bran and pollard has. 'been advanced IDs a. ton. New Zealand potatoes hare advanced £1 a ton. FRUIT AND PRODUCE. MARKET. [Br TELEGRAPH. —OWN CORRESPONDENT.] Wellington, Monday. The demand for dessert apples remains only fair. Choice are selling at; 8a to 93 per case, prime 7s to 7s 6d. Cooker*, choice are in good demand at 8s 6d to 9s 6d, prime 7s 6d to Bs. Lemons, 8s to 9s per case. Poorman oranges, 5s to 6s per case. 'Hothouse tomatoes, choice lOd to Is per lb, prime 6d to 8dPotatoes, old are selling at 8s 5d to 9s per cwt,_ new large potatoes 2d to 2£d per lb. Onions, ex Tahiti, arrived in good order, and are selling at 15s per cwt.; cauliflowers, 8s to 103 per sscfcj cabbages, -5s to 7s per sack; lettuce, 7s to 83 per case; rhubarb, 2s 6d to 3s 6d oer dozen; bundles of asparagus, 6d to lOd per dozen bundles. Egg:-, fresh are selling at lO^d. NEWCASTLE COAL TRADE. The quantity of coal sent from Newcastle .(N'.S-W-). to other States and countries so far this year shows an increase of 25 per cent, as compared with tho amount sent for the first nine months of last Tear. The increases are particularly noticeable in tho supplies pent to other States, and Chili, Sandwich Islands, Java, and the Argentine. Queensland is the only State that has shown a falling-off, but the deficiency is small. Tho Philippine Islands and Straits Settlements received much less coal this year from Newcastle. The Japanese havo most probably gained the lost trade in these two .places. Following are details of the prin. cipal increases and decreases, together with the quantity sent to other parts: — Principal Increases. ' 1911. 1912. Tons. Tons. Victoria 556.782 756,227 South Australia... .-. 493.965 539.518 West Australia ..• 104,995 158,360 Tasmania 102,525 113,135 New Zealand 253,710 355,879 Chili 499,893 701,785 'Sandwich Islands ... 39,596 63,252 Java - 126.133 225.925 Argentine — 27,541 2,132,654 2,941,622 Principal Decreases 1911. 1912. Tons. Tons. Queensland ... -•- £6.606 85.125 Philippine Islands ... 130,206 91,717 United States 144,488 101,535 Straits Settlements ... 124.167 £6,652 2,668,121 ,v.300T051 Other porta .„ ... 256,520 313,625 Total 2.924,641 3,619,676 Valno -• £1.525,238 £1,881,254 OTAIIUHU HORSE SALE. Messrs. Oalgtety and Company. Limited, report having held their Otahnhu horse sale on Saturday, October 5, when there was a splendid entry of . upwards of 140 horses, including a good number of heavy draughts, broken and unbroken. For good Bound young horses there was a pood demand, and the majority of this description offered found new owners at satisfactory prices to vendors. Tho following are some of the fiales made:—Heavy draught mares, £46, £44, £43; medium draught geldings, £40. £05. £34, to £27; light draughts. £24 to £16; harness horses, £27 to £13; backs, £13 to £8; aged weeds to £4.