COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 296, 7 May 1913, Page 7

COMMERCIAL.

LONDON MARKETS. l ; By Cable—Press Association—Copyright. 0 _ London, May 5. i- Wool: At the sales a large selection cf crossbrals was oil'ered and prices were fully maintained. There was keen competition. 1 .Silver, 27% d per ounce. ;. Share market: Waihi 35s and 37s Gd, Talisman 35s.and 40s. The Brazilian £11,000,000 5 per cent, loan was issued at £l)7. ,; DAIRl r PRODUCE REPORT. Messrs. E. Griffiths and Co. are in receipt of the following market report { from their London principals, Messrs. Mills and Sparrow, dated London, March 2Sth, 1913: Butter.—'General business has been <;uiet throughout the week. Weather ■ onditions have remained dull and c-heor- - less with a fair amount of rain. The ' general trend of the market is that choice goods are met with a fair inquiry, but secondary quality of all descriptions are a dull sale. Australian. —There has been a scarcity , of choice goods, and these have fully . -maintained last week's prices. The premium on unsalted continues, and really best grades are scarce. Once more we would advise our colonial friends to do everything they possibly can to properly grade their cream so as to work up to* a higher standard of quality. The increase in the consumption of margarine 1 in this country is making it increasingly difficult to sell poor flavoured butter, and the prospects are that best and common goods will be very much farther .. apart in price than they have been during the past few years. •• .iNftvV -Zealand.-^-llie-re is very little of--fering-owing to the Turakina not hav- ' -ing. arrived, and prices are fully main- • 'tain'ed. We hear that the cargo in the < .s-.s. Turakina is not all absolutely des-;■-strayed,'but that the vessel is leaving on the l'fith; of April under her own steam, and that the butter is more or less rancid, and the, cheese more or less soft, so that the question of insurance will now.have to.lie deferred until such goods or what is left of them, come to hand. We. do -not.hear that any of the goods have heen jettisoned, cxJepting about ~i' 30$) cj'.at.QS of.'Cheese which were landed i; :aj!;R : ip 'd.e Janeiro, and are coming along ii i-foAondpn. per/„5.».. Catalina. The colonial .arrivals this week are:— ilj .Australian; &;.s. Morea, 22,000 boxes; New Zealand, s.s, ■ Hurunui, 2400 boxes; .s.s. Kumara, 2(100 boxes. DanJ9h.»-;Prk>es are again easier by 3 kroners (3s_fjd)'. This description has. i.tb.efin; making,a, high premium over'Aus- , f gtralfcjrn .{o_r | soirj,e time, so that there is .'"plenty-of'room for a further decline. d!iM ( 'OT'?^ e rT 7^ a ? a^'an: ar ' ie t is a little , r firmer'pri, really choice goods, stocks l:e----,ihg.lowl •-• ' ,- i % .,sew jjealpnd.—Although the market I'.hascbe.^n-without the goods per the s.s. Turakina';' which would have been offering at this time, there have been plenty ? for all- requirements, and the market i closes rather easier. Several seller? seem J disposed little less than last {prices in order to make sales. Really fine goods are-not too plentiful and coml mand top prices. M-J.YIVkV- 'Ji—- , ...LONDON MARKETS . :?-;'!q .'O I'l'.v . :,. ; . "L in \i..i j Wellington, Tuesday. 1 S l, M*'krs'. llj Dnlgetv- 'and Company,, T fd., ii '■^vV'WivM'-cjibre • advice from their " L'oJidbh- office' as 'follows:— ' , firm and ; Stocks held are small. 1 l!l Fi/>n,"but prices unchanged. : - - S(fe'eJf:. f ,WaK; 'but-prices are nominally , .;tinclii%e(l r ' ' :; .. ''_ are 3d per wt lower. iSuyers'Rnpw. little.or no disposition to oiiefafe'foh forward- delivery. ' :tyh» '.ii: ?•■■;■■•- 1 f ; . ( tv if.' '•> "t!> !.-""' '•' " • • '