COMMERCIAL.

Taranaki Herald, Volume LIX, Issue 143587, 28 August 1911, Page 7

COMMERCIAL.

LONDON MARKETS,

By Electric Telegraph.—Copyright. LONDON, August 26. Copra.—Active. South Sea bags, £24 A6s to £25 os. Wheat.—An Australian cargo sold at *os 7jd. Rabbits.—Quiet. Jute.—-Septoinbor shipment, .tic. Hemp—Dull. August-October shipments, £2O 10s. Rubber, is 10.' ( d. . Cotton.—August-September shipments 6.43 d.

(Received August 28, 8.50 a.m.) LONDON, August 27. Wheat—Three Australian cargoes at 34s 6d, 34s V.Jd, and 3os 6d respectively. (Received August 23, 11.45 a.m.) LONDON, August 27. Sheep. Canterbury and Southland not offering, North Island 3jd, Now Zealand elves 3Jd. Lambs. Canterbury light old, medium old, heavy od; Soutnland 5 3-16 d, North Island ojd, selected brands 5 3-1 Bd. Beef.—Fores 2ad, hinds 3Jd. Australian. —Sheep, light 3-jd, heavy 3Jd, ewes 3Jd; lambs not offering. Beef, fores 2id, hinds 3 o-16d. . South American. —Sheep, light 3jd, heavy 3 9-16 d, ewes 3;ld; lambs, first quality 43d, second quality 4-]d. Beef, frozen fores 2 5-Kid, hinds did; chilled fores 2id, hinds 3|d.

HIGH COMMISSIONER’S REPORT. Per Press Association WELLINGTON, August 26. Following is the High Commissioner’s cable under date London, August 26. (Note: Quotations, unless otherwise specified, are average market prices -on spot): General,—The strike has terminated and work has been resumed, and markets are again normal. Storage charges will he increased TJ per cent. Mutton.—The market is quiet, and moderate business doing. Canterbury 4d, North Island 3|d. Lamb. —The market is speculative. There is an inclination to force sales of lamb. There is a fair local demand, Canterbury oijd. Other than Canterbury old. Beef, —The is depressed, and the stock heavy. New Zealand hinds Sid, fores 2Jd. Butter,—The market is firm owing to the reduced supplies. There is a feneral and active demand. Austraan 1245, Danish 140 s, Siberian 120 s. Cheese.—The market is very firm, and there is good demand. New Zealand 66a.

Hemp.—The market is very quiet. New Zealand good, fair per ton on spot £2O; New Zealand fair grade £l9. Forward shipment at same prices. Fair current manila on spot £l9 Ids, forward ■shipment £2O 10s. The output from Manila for the week was 30,000 bales. Cocksfoot Seed.—The market is quiet. It is reported that the Continental crop is medium in quantity and of good quality, and selling at 655. Wheat.—The market is very quiet with nothing doing. New Zealand longberried wheat on spot, ex granary, per quarter of 4961 b., 345, short-berried 33s 6d. Oats.—The market is steady, with a fair business doing. Now Zealand oats, short sparrow bills, ex granary, on spot, per quarter of 3841 b;, 20s 6d; Danish, per quarter of 3'201b., 17s 6d. Beans.—The market is very quiet. The supply is practically exhausted. New Zealand’beans f.a.q. (old crop), per 6041 b., 345, Peas.—The market is overstocked and depressed. New Zealand peas (partridge), per 5041 b., 395. Wool.—The market is quiet but firm. Current quotations for Bradford tops are 36’s (low crossbreds) Is lid, 40’s (low crossbreds) Is 2d, 44’s (medium crossbreds) Is 2ifd; 50’s (halfbreds) Is Bid, 56’s (quarter-breds) Is 9|d, 60’s (merinos) 2s 2d.

AUCKLAND SHARE MARKET. (Special to Herald.) AUCKLAND, August 28. Mr. Hendry (E. I’. Webster local agent) reports the following Stock Exchange quotations and sales:— Quotations. —May Queen, sellers 2s Sd, buyers Is lid ; Sylvia 3s and 2& lOd, Baxon2& Id and Is lid, Waitihi 3s Id and 2s lOd, Wiatangi 3s 2d and 3s Id, Ross (buyer) 2s 3d, Crown 2s lOd and 2s Od, Tairua Mines Is and 10id, Wailii 60s 6d and 60s 3d, Junction 27s 9d and 27a 6d, Hikurangj Coal (buyer) 19s 3d. Sales.—Saxon 2s and Is lid, Waihi 60s 6d, Junction 27s 9d, 27s 6d. MARKET REPORT. Dalgoty and Co., Ltd., advise having received the following cablegrams from their London office;— Dated 23rd instant: Tallow.—Prices are 6d-to Is per cwt. higher. Dated 2-lth instant; Frozen Mutton and Lamb.—Since our last telegram prices are id to id ?or lb. lower owing to released supplies, here is fair demand, but we expect if any change in prices takes place it will be in favour of buyers. Frozen Beef.—There is no demand Owing to heavy supplies ot chilled beef.