COMMERCIAL.

Taranaki Herald, Volume LIX, Issue 143451, 23 March 1911, Page 7

COMMERCIAL.

LONDON MARKETS. By Electric Telegraph.—Copyright. LONDON, March 22. Wheat.—An Australian cargo sold at 35s 6d. A thousand tons of Now South Wales, March shipment, brought 33s 9d; 13,000 quarters of Jamiary-Feb-ruary shipment brought 34s 3Jd. Wool.—Tho Hiku clip brought top price, 13d; Titi, top price Is, average 10Jd; Tiapiti, top price lid, average 10id; “W.D.,” top price lOd, average 9|d. Consols, £Bl 7s 6d. Copper.—Spot £55, three months £55 12s 6d; electrolytic, £57 7s 6d. Tin.—Spot £lB4 ss, three months £lB3 ISs- ~ , Tallow.—Sales 1131 casks offered 815 sold. Mutton, fine 365, medium 345. Beef, fine 355, medium 33s 6d. BANK OF AUSTRALASIA. LONDON, March 22. Tho report of the Bank of Australasia shows that tho deposits arc £16,896,475, cash and other securities £8,952,670, bills £14,755,388. LONDON WOOL SALES. LONDON, March 22. The wool sales were animated and all sorts sold at the highest prices of the series Tho Bank of New Zealand has received the following cable from our Lou don office: “The market is strong for coarse crossbreds and medium crossbreds, all kinds of lamb wool and halfbred. Current prices for North Island farmers’ lots: Coarse crossbreds. 3640’s quality, average condition, 9d to 9Jd per lb.; medium crossbreds, 44-46’s, average condition, 93d to lOjd; fine crossbreds, 50’s, average condition, 12Jd to 14d. Current prices for South Island farmers’ lots, Canterbury style: Inferior merino, common 60-64’s quality, 9d to 9jd per lb.; superior merino, superior 60-64’s quality, and half and quarterbred, 56’s quality, 12d to 13d per lb.” AMERICAN WHEAT. LONDON. March 22. Tho American visible wheat supply is 6,563,500 bushels. AUCKLAND SHARE MARKET. AUCKLAND, March 23. Mr. Hendry (E R. Webster local agent) reports tho following Stock Exchange sales:— Queen Is lOd, Sylvia 3s, Talisman ABs 9d, new issue 41s 6d, Waihi 64s 9d, Junction 27s 3d. Quotations. —Queen, sellers Is lid, liny era Is lOd; Saxon 2s 4d and 2s 3d, Sylvia 3s and 2s lid. Consolidated 18s flfi and 17s 6d, Old Hnurnki 2s Id and Is lid, Crown 3s 8d and 3s sd, Talisman 49s and 4. Q n 9d, new issue 43s and 41s 6d, Waihi 65s and 64s 6d, Junction 27s 6d and 27s 3d, (Now Zealand Insurance 89s 6d ami 87s 6d, South British Insurance 71s 6d and 70s, Tnnpiri Coal 22s and 21s 9(h Gisborne Gas 65a and 63e, Hikurangi Coal 19s and 18s. WOOL. SKINS AND HIDES. Messrs. Young, Hobbs and Co. report:—On Tuesday. 15th {list., we held our four-weekly sale of above produce before the usual attendance of buyers. The catalogue comprised 22 bales 41 bags wool, 411 sheepskins, 176 hides, 129 calfskins, 2 casks 8 tins tallow, and the usual assortment of horsehair, cowtails, etc. Wool.—ln sympathy with outside markets, values advanced up to id per lb., and competition was keen throughout. Sheepskins.—The rise, in the wool market naturally improved the sale of skins, and good sound lines advanced up to Id per lb. Bidding for both dry and salted pelts and woolly lamb skins was very animated. Hides.—Values about on a par with those ruling last month. We quote: Wool.—ln bales: Fleece 6d, 6Jd, 6jd, 6Jd, 7d; fleece and lambs’ 6d to 7d; lambs, 6jd, 6Jd, 7d; hoggets, 63d; crutchings, etc., 4d; pieces, 2jd. In bags: Fleece sid, 6d, 6}d, 6id, 6Jd; lambs, 63d, 7d; black fleece, SRI; hoggets, 6jd; dead, lid to 6d; crutch and pieces, 34(1, 4d. Sheepskins.—Butchers’ medium wools 6d; woolly lamb, 2s; 2s Bd, 2s lid; pelts. Is lOd, 2s, 2s sd, 2s 7d; damaged, Is 7d; lamb pelts, Is Id. Salted : Pelts. 2s, 2s sd, 2s 6d; lamb pelts. Is; damaged, 6d. Settlers’; Medium and long, 3s 4d, 3s lOd, 5s 9d; half and medium, 2s 6d ; wool, lamb, Is Id, Is 4d; black do., Is lOd; dead, Is 7d ; pelts, lid to Is 7d; lamb do., 6d to Is; damaged wools, 2s, 3s lid; damaged pelts, 2d; salted pelts, Is. Hides.—Butchers’; Ox, 6{d, 7}d ; stag sjd; cow, Sjjd, 6Jd to 6|d; yearling, 6Jd. Settlers’: Cow, 4{d. 53d. 6d; yearling, s{d, 5Jd, 53d, ujd; slippy, 2id, s{d. Calfskins.—Small, 7d ; small dirty, s|d; part dry, 53d; cut and slippy, 8d each. Tallow.—Casks (inferior) 20s per cwt. • tins, 13s, 255, 26s 6d. Horsehair.—Small quantity ; Is 4tl per lb. Cowtails.—Small quantity; Is 6d per cloz. MESSRS. L. A. NOLAN AND CO. REPORT. On 15th inst. wo hold our monthly sale of the above. Flides sold at about last month’s rates taken right through, with exception of heavy cow showing substance which showed a sharp advance. Heavy ox showing substance were again keenly competed for. Sheepskins, especially salted lines, sold at an advance on last month quite a fd a lb. for equal qualities compared with last month. Wool advanced quite a fd per lb. for good clean lots, particularly in lambs. Damaged, cotted and seedy sold at late rates. Tallow showed a decline of about 15s per ton. We quote:—Hides.—Butchers, cow, heavy showing substance 63d to 7d: heavy ordinary, 6|d to 6fd; wet and poor conditioned, )d to fd less. Ox, heavy ordinary, 7id to 7{d; heavy stout, B|d; medium, 6|d to 7fd; light, 6|d to 6Jd; very light, 6jd: yearlings, sid to 6{d; calf, heavy, 6{d; sound, 7|d; seconds, 6|d; slippy, lid; cut, 3Jd; bulls, 4id. Horse, sound, 10s; slippy, ss. Settlers, cow, s{d to sjd; cut, 5d to 51d. Sheepskins.—Dry butchers’ lambs, 2s to 3s 2d; settlors’, d0.,2s Id to 2s 7d; damaged, Is to Is 3d; pelts, butchers’, Is 8d to Is lid; damaged, Is to is Id; settlers’, 3d to is 6a; weevily skins, 6d to 8d each; salted, butchers’, lambs, 3s to 3s lOd; shorn lamb pelts, lid to Is 2d; woolly pelts, 2s 4d to 3s 6d; shorn pelts. Is Id to 2s. (Above quotations according to spread and getup and length of wool.) Black lambs, la 8d; damaged, 8d to Is Id. Tallow.—27s per cwt. for 11 casks offered; tins 24s 6d. Sundries.—Tails, Is 7d. Wool,—Bales, flccco, 6Jd, 7d, 7id; lambs, 7id, 7id; bags, fleece, 6i<i, 63d. 7}d, 8d; lambs, 6Jd, 63d, 7d, 7id; crutchings, 3]d to 4ld; pieces, 4d.