COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 15130, 22 October 1912, Page 5

COMMERCIAL.

,THE LONDON MARKETS. .p itolwrw*.- **«• Associatlon.-CopTTijAt London*. October 20. COPRA. JWD-3^ n toi««;, is doing. South Sea bags, £2o 12s oa - JUTE. October-November, £25. HEMP. Firm. January-March, £32. RUBBER Best Para, 4s " d - LINSEED Oil* Linseed oil is quoted at 30s 3d. HIDES. Small offerings at advance of a Farthing. WHEAT. Parpen quiet and steady : 41s 3d asked. ■ 4te bid." New .South Wales off coast; 39s ,Tked four ports. .Ta-mary-FebTuaty: od Febrnarv - March. Liverpool future* advanced a farthing to 3d. The i*?£ estimate » that 16.967.000 acres. j,j been sown with wheat in the Argon.-, ..••-■ tine. WINES. Gdhey's annual report, shows that the vhlasso" promises to largely exceed that of .1911 "and is of fair average quality, with prospects of really fine wines in many reieions. COTTON. October-November shipment. 5.88 d. HIGH COMMISSIONER'S ADVICE. [jpj- THT "r-\rs.TMSS ASSOCJATIOX.] Wellington, Monday. Xh? . Commissioner's cablegram dated London October 19, is as follows (quotations unless other-wise specified being ; average market prices on spot):--MUTTON. The market is rather quiet, but holders ' are not anxious to sell, in anticipation of moderate supplies coming forward. Can- ' terbury, 4Jd : North Island, 4Jd. LAMB. The market is quiet, with a tendency in favour of buyers. Supplies of Homegrown. lambs are heavy, and are lowering' pikes of New Zealand. Canterbury. s|d; • other than Canterbury, sd. BEEF. The market is very dull, and supplies «re increasing. New Zealand hindquarters, 3£d; forequarters, 2Jd. BUTTER. The market is firm at an advance and active, with good demand. The Kaikoura shipment of unsalted butter arrived in good condition, and" is offered at. 134s in second band. Danish, 131s; Siberian, 3125; Australian, 115s; Argentine. 1255. ;" CHEESE. . :■"• The market is quiet, with a tendency in favour of buyers. Canadian, white 64s 6d, coloured 65s 6d. HEMP. The market 'remains firm, and the domand for spot lots is good, and also for . shipments to arrive. Spot New Zealand, good fair grade, £51 10s; New Zealand •fair grade, £30 10s; fair current Manila, £30 10s: forward shipment of New Zea- ' land good fair grade, £32 : fair. £30 15s : : fair current Manila, £31. Hie output from Manila for the week was 36.000 : "bales. WOOL. The market remains firm. . " The New Zealand Loan and Mercantile - -'Agency Company, Limited, and Reduced, ~ has received the following cablegram T from its London house under date loth -izist.: —Tallow: We quote present spot ..values for the following descriptions: Good Mutton. 39s 3d per cwt. ; good beef, 56s per cwt.; mixed, 33s per cwt. The market shows a lower tendency. Sheepskins: We look for good demand. Prices unchanged. Wheat: We quote 41s 6(1, c.i.f. Australian cargo. The Unarket, is quiet, but steady, and the outlook for market prospects is uncertain. FISH RUBBER. A short while ago the London press had a good deal to say regarding a new syn- ']! thetic rubber, obtained from fish refuse. Dr. Robert Henriques is reported by a German newspaper to have said : —"The process is altogether worthless, and it has be-»n submitted to several chemical tests. The process consists in separating the albuminous substances of fish by means of acid from all the parts that are* soluble in .... wafer, and retaining the remaining parts that are soluble in acid. These are then decomposed by suitable antiseptic agents presumably formaldehyde. The resulting substance is no more than a mass resembling gelatine, obtained from dead fish and formalin, which is further treated with . sulphur. The products so obtained have proved to be unable to resist water, and do not constitute a good substitute for rubber—much less are they synthetic libber.'' FRUIT AND PRODUCE MARKET. [BY TELEGRAPH.CUT COREESPOXDEKT.] WKi,LT.vr,TOS, Monday. The market for both densert awl coofcißfj apples sbxrw« a marked advance. Choice dessert are «-Uin? at from 100 to lis 6d; otters, £a to Os the caee; cookers, choice. 3s M to 10» 63 the f x&±. rears: Choice dessert are bringing from 3s to lis liho half-case. Hothouse tomatoes, Is to Is 3d per lb for choice yjality. Lemons, choice, 7» to $* the. «»««. Jam oransft*. 3s to *s the esse. Potatoes.: OW are in small supply, And the Jr-4ri;ei it rtrong, oi 8» 6<i to Os per cwt; new, . ehojee, large. are bringing- from M to 3j<l per lb. Oaicjjß, 153 to 16a the catc. Cauliflowers, 12s *o 1<« tito sa<*. Obb££s?s, Go 6d to fe 6d th« «ok. For tcttace, then? 13 a strong demand, at 5j 6d to 7s per C3S*>. Greer, peas are bringing from it. i.-t 2s 6d per peek. Asparagus, 6d to Ed per band'e. Carrots, 5s 6d to fe 6d per .Met. Rhubarb. 3s to 43 pa- dozen bundle*. 'WsJi ejrgi aro selling at from lid it> la dozen. PROPERTY SALES.' ' Attention is directed to the *ale of btgh-cIoM furniture and effects, all in. pood order and condition, to be 505,-l by Messrs. T. Mandeno Jsclyxm, »t tie residence of Mr. R. M. StesgaU. at the corner of Tjarliex' Mile aivl Olh'*r Ttoad, Rpmuera, *t 10.30 a.151. to-d3v. Fuji parliculflrs are advertkod.