COMMERCIAL.

Stratford Evening Post, Volume XXXII, Issue 36, 7 February 1912, Page 3

COMMERCIAL.

, SHARE QUOTATIONS.. (By Electric Telegraph.—Copyright.) (United Press Association.i London, February 5. Silver 20 5-16 d. Shares: Waihi 39s 8d to 41s 3d, •Junctions 25s to 20s 3d.

LONDON MARKETS

The local branch of the iN.Z.L. and M.A. Co. lias received tlie following •ircular letter from the company’s London house under date December 28th:—

Wool.—The sixth series of London sales which commenced on 28th November terminated on 9th instant, the original programme being curtailed by two days. Of the available quantity of 129*000 bales, 119,000 bales were disposed of, of which 54,000 bales were taken for the Continent and 1000 bales for America, leaving 10,000 bales on hand. Throughout competition was general and active, America taking suitable lots of fine and medium grades of crossbred and prices, which at the opening were firm to occasionally dearer, subsequently for most sorts hardened, the position of certain leading descriptions at the close as compared with preceding series’ closing rates being as follows: Greasy merino super, par; greasy moduo medium and inferior, par to ,5 >er cent higher; greasy crossbred ine, Si to 7i per cent higher; greasy ■rossbred medium, 5 to 7i per cent ligher; greasy crossbred coarse, par ■a 5 per cent higher; scoured merino super, par to 5 per cent higher; scour'd merino medium, 5 to 7$ per cent ligher; scoured merino inferior, 5 to f i per cent higher; .scoured crossbred ine, 5 to 7i per cent higher; scoured crossbred medium and coarse, 5 to 74 oer cent higher; slipe crossbred fine ind coarse, 5 per cent higher; slipe rossbred medium 5 to i i per cent uglier; lambs par to 5 per cent high-

Sheepskins.—At the auctions held Vom 13th to 15th instant there was gain a large offering which included ’,OOO bales Australasian, but with exellent competition from a very full ittcndance of buyers the catalogues were practically cleared. As compared . with the rates ruling ,af t-he preceding sales, October 25th to 27th, nerino mostly advanced id, crossbred iombing i to fd, i-woolled, short and ■horn -}d to -g’d, and lambs id per ,b. Some good lines of New Zealand crossbred which enlisted American aipport realised up to Id per lb more noncy.

Tallow. —The market still remains n a dull condition and values haye declined about Is per cwt. Towards ‘hoiclose there has been a better' dcaahd for the inferior sorts of good : ody and; tl»e depreciation in this description has’ ’ been ' recovered. Stocks fill remain within reasonable com)ass, and it looks as if the bottom ■as been reached, although the intorention of the Christmas holidays ms produced for the moment a very uict feeling. 'Very few trail sacions have been possible in Australian, for arrival, offers being above lie market here, but extra hard nuuon has been sold at 34s to 34s 6d, hd fair: beef at, 32s 3d per cwt c.i.f. Ve quote: Fine mutton 36s to 375, air to good 34 s 6d to 35s 6d, edible ,eef 35s to 35s 3d, and fair to good ;3s' 6d to 34s per cwt ex'warehouse.

Frozen Meat.—There ■ has boon but ittlo business passing in New Zsaind mutton, and although stocks are i small compass values have ruled in uyers’ favour. Australian and River fiato, however, have met a fair inuiry and in the case of the latter (dues mark an advance of id per 5. A fairly good trade has been exlerienced for’ Australian lamb and pt with standing the recent heavy arivals last quotations have been mainained. For the few New Zealand .imbs offering slightly more money ; as been obtainable. Generally speakng the demand for River Plate elid’d beef has been good, and with a iirther falling off in the supplies vices ruled in sellers’ favour, up to ;id per lb having been realised for indquarters before Christmas, but ince then with a dragging trade vanes have declined pi per 11). Frozen pef is difficult to sell though in symlathy with the higher rates ruling or chilled, values all round have improved. We quote Scotch and Engish sheep, 54d to 7d; Canterbury, 3|d o 4gd; North Island, 3pi to 4£d; Vustralian 3Jd to 3 id; River Plate, ;gd to 3gd; New, Zealand ewes, 3pl 0 3gd; Canterbury lamb, 4pi to spl; ■forth Island lamb, 4fd to 4pl; Ausralian lamb, 4pl to 4pl; River Plate uamb, 4d to 4pl; River Plate chilled )aef, hinds, Id to 4pl; do. fores, 2|d ,o 2pl; River Plate frozen beef, hinds, .'.pi to 3i}d; do. fores, 2fd to 2pl; Vustralian beef, hinds, 3pl to 3pl; 10. fores, 2gd to 2pl; New Zealand »eef, hinds, 3-gd to 3pi; do. fores 2pl >er II) off the hooks at Smithfield. Newton King’s Weekly Report. At the Haymarket on Saturday .here was a large attendance, also 1 fair yarding of pigs. The market ipened with fair bidding, and prices ■uling were, if anything, a little firm■r than the previous sale. I quote: Hips and woanors 8s 6d to 18s, small doros 19s to Cl 2s, medium £1 4s to Cl 5”, set harness £5 ss. Quantity >f new harness, etc., sold at fair vices.

lAt the Mart.—Poultry: lions Is 7d, cockorells (id to !)d, ducks Is 3d to Is !)d, potatoes 6s 6d, cut rhubarb os per do/,. Furniture and sundrios ;>t usual rates. Fruit: About 850 cases of all classes of fruit came to hand; prices were somewhat easier. Plums (Burbank) Is 9d to .‘is Gd, Ogon is Gd to 2s .‘id, liotan Is Gd, Satsuma Is to ds Gd, Dark 3s !)d to Is, accord-

ing to size of case and quality. Pears 3s 6d, peaches 3s Gel to 4s, nectarines ss, apricots 6s 3(1“ to 7s (201 b cases), apples peases, 2s 6d to 3s, bushel cases Gs Gd to 7s, tomatoes 3s to 4s Gd, cucumbers 2s to 2s Gd (il2lb cases).