COMMERCIAL.

Taranaki Daily News, 15 July 1915, Page 2

COMMERCIAL.

LONDON MARKETS. By Cable—Press Association—Copyright. Received July 14, 5.5 p.m. London, July 13. Wheat is firui, with little offering. At the wool sales there is a little more competition for shabby crossbreds, but prices are unchanged. Good wools sell well. The following prices were realised for the fleece portions of the clips named:—Ben Ohau top 14d, average 13Jd; Otipau 27id and 24jd. Banks. —Australasia £llO 15s, Union .£52, National Bank of Australasia £lO9 15s, National Bank of New Zealand £IOO 7s, New Zealand £2O 7s. Copper, on spot £7B 5s to £7B 10s, three months £79 10s to £79 15s per ton. Tin, on spot £172 10s to £173, three months £166 5s to £166 15s. ! Lead, £25 to £25 7s 6d. Silver, 224 d. London, July 12. Good merinos and line crossbreds were unchanged. Shabby sorts were slow. There were a few withdrawals. Following are the prices realised for the fleece portions of the clips named:— Erino, top price 18Jd, average 17Jd; Toratahi 22d and 19Ad. Copper.—Forward £79 to £79 ss. Tin.. —Spot £l7l 15s to £172 ."is; three months £lO5 to £l6O. Lead, £25 5s to £25 15s. Frozen meat.—Southland sheep 7id, Australian ewes 6gd, light Canterbury lambs BUI, Argentine chilled beef, foies 7Jd. hinds BJd. Wailii shares, 37s Gd and 40s.

HIGH COMMISSIONER'S REPORT. The Department of Agriculture, Industries and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, July 10 (Note: Quotations, unless otherwise specified, are average market prices on spot) : ■Mutton.—The flovernment is regulating meat supplies. Only a small quantity is available for the general public, but the market, is steady, with little alteration in prices. Canterbury, 7%d per lb for light-weight; North Island, "Viil for light-weight. Lamb. —A fair demand continues, but it is chiefly for light-weights. Canterbury two's SV.d per lb, heavy-weight four's S'/if!; other than Canterbury B%d tor light-weig'it. lieef.—Prime New Zealand beef cannot be quoted. A small supply of cow beef is sellinff at: Hinds Vfol per lb, fni-e- !> : )/,d. There is a moderate supply of chilled beef. Chilled hinds B%d per fi>, fores TVid. I'iutter.—The market is quiet, but steady. -Rest quality, for which a- good dr-mand continues, is scarce, but tluo-e i- a large supply of second-class quality. The report is current here that a quantity of low-grade Siberian and French butter has been put in cold store. Danisl>. quiet, per ewt 155s to 158s: New Zealand, none offering: Australian, a moderate demand. 138s to 140s; Siberian, good demand, 128* to 1325: Irish creamery. slow, except (inest, 1-lflrf to 1425; Argentine. unsiilted, 140s to 1425. Cheese. —The market is very quiet. Prices are irregular, and also are declining nil round on account of large siinplies coming forward. Buyers are holding back, and holders are. anxious to sell. Canadian, fjlow, white and colored,

I per cwt Sis to 88s; New Zealand, quiet, colored 90s to 82s, white 91s to 03s; English, firm, 98a to 102s; Australian, slow, colored 86s to 88s, white 88s to 90s; States, duff, white and volored 82s to 'Bos, according to quality and size. Hemp. The market is dull. NeW Zealand good-fair, per ton £32, fair £3O, fair current Manila £37. Forward shipments, July to September, New Zealand good-fair ,€31,, fair £29 10s; Manila, new graded, fair £36 10s, medium £32. The output from Manila for the week was '20,000 bales. There is now a brisk" demand at £2O 7s for second grade, which is extremely scarce. i Hops.—The market is firm with im-' proved demand. English, per cwt 90s to llf>s; Californian, 80s to 105s, "Wheat. —The market is quiet, Out steady. Canadian, July to August 53s fid per quarter; American, July to August 40s. Oats.—The market is quiet. Argentine, July to August 24a '6d per quarter. Scheelite.—Blackwell's quotation for scheelite on July 0 was 50s.