COMMERCIAL.

Poverty Bay Herald, Volume XXXIX, Issue 12815, 15 July 1912, Page 7

COMMERCIAL.

.——. . .•» , „ ', ....,.,. , (Press Aeon.— By Telegraph.— dopyfUcuV") LONDON* Jiily '.- 13. - Wheat i. very dull, owing to tlio fine weather m Europe.. American and Australian cargoes have sold ..at 40s and lis. There, is no demand fqr cargoes. Holders ask 40s 9d for New South Wales March shipment, 40s 3d. for April shipment, 41s for South Australian March shipment, 39s 6tj. for .Tunc 'shipment, :4os 3d for* Victorian April shipment,'. 38s -6. to 39a" for parcels afloat, and 41s. 6d : for, Australian spot. Flour »'iv .dull. Australian is about 88s for store. . .' , . i Oats are; firm. La Plata June and July shipments - 16s 3d. ','■■■■ '•Butter iB dull. Danish, 130s to 1225. Siberian 100s ,to 104s. Colonial ..is nominal. Choicest Australian, 104s to _06b; unsalted' 108. tcwllOs; New Zealand, 112s to-. 114s; unsnlted,', 116s. ":. Cheese , is. dull. New Zealand colored 68s, white 675. » , ... : < (Received July -15, 8.55 a.m.) •.:... LONDON, .July 14. There waa ft good att en d°-nce,- and 'keen competition .at the, .wool gales. .Prices "are unchanged. The amount ' catalogued totals 91,927 bales, of which 87,163 have been sold.- Follow--ing, are, fh,e pripfcs. realised for the .fleece portion-- of the clipH. "named :Highnelcl, I .'top pri.ee 12_d, average price 12. -1; Teviotdale, 14d and 13£dt*Gear;~14±d and lO.d. , T . . ■ ELTHAM, this day. A cable received this morning from Lane and Co., London, states: — The cheese market is quiet, at 66s to 67a per cwt.; Canadian on spot, 64s to 655. The market is active, . at higher prices. The Canadian supply- cannot increase over last- year. • The butter market is firm, with a hardening tendency. , ...... /WELLINGTON, thjs day. The High .Commissioner's cable, ■< dated ,Loudon July 13th,- states*— The mutton market is steady, , with" a A'ery' good .demand-. Canterbury 3|d to 4-Jd, North -''Jala-id 3g<T to 4jid, according to weight; ewes, 3id. Lamb : There is a good demand for all' lamb. The deliveries are ■fight at the market, on account of the strike, 'but the discharge is , improving. Quotations' show a weaker 'tendency. Canterbury' heavy "weights' sgd, 'light-weights 6^d (scarce); other than Canterbury, ( id -and * id lees 'than those. "The beef market is quiet, but-f irm. New Zealand hindquartersi 4id; ',? ffew Zealand forequnrt.ra,'3_d. The teutte-f.'.n-ia»ket-:i8 quiet, but rather - steadie**.-. Stocks :; ot, New Zealand are pretty well- cleared. Choicest' New Zealand butter is at 113s. per cwt, '.Australian 106s ' •Siberian 103s, 'Danish , 1225. ; The cheese s market ps ; declining, nn account., of, J>eavy , home . supplies. Business is dull. New Zealand- white 665, colored 675. Tho hemp market is firm, with an improved demand. On spot, New Zealand good to fair £22. 10s, New Zealand fair ;grade £21 ss; forward shipment, New Zealand good to 'fain £22 10s per ton, Nty*/ Zealand fair grade £21 105.., The stock is.. 268 tons. The market for nianila' is active, <at jin ad^ vance. On spot, fair current Manila, £23; forward shipment, £23 10s. The output from Manila for the week was 84,000 bales. The cocksfoot market is very quiet, no attention being given. New Zealand prices, 64s to 70s. Buyerit' will «no<v - buy<*-untM> the .results of the Continental ami Americaaj. crops are known. The- wool market remains 'firm.