COMMERCIAL.

Taranaki Herald, Volume LXIII, Issue 144670, 3 May 1915, Page 7

COMMERCIAL.

LONDON MARKETS. BT ELECTRIC TELEGRAPH —COPYRIGHT. (Received May 3, 10.30 a.rn.) LONDON. May 2. Wheat.—Quiet. The wheat and floraafloat for t.ho United Kingdom is 2.695,000 quarters, for the Continent 4,755,000 quarters. Atlantic shipments, 786,000 quarters, including Pacific 43.- / 000 quarters. Tho total to Europe is L 475.000 quarters, including India 14,080 quarters and Argentina 520.000 quarters. AUCKLAND SHARE MARKET, erEC.'SI. ro lIEItAI.D, AUCKLAND, May 3. Messrs. Hetuiiy and Hay fit. R. Webster local agent) report the followrag Stack Exchange quotations and Bales: Quotations. —Talisman, sellers 25s 6d, buyers 24s 9d; Bank of Now Zealand £l7 10s and £l7, Waihi 39s 6d and 39s 3d. New Zealand insurance £6) Is 6d and £6. Junction 25s 9d and 253 Cd. Sales—Waihi 395. SIGH COMMISSIONER’S REPORT. ■. PER PRESS ASSOCIATION'. WELLINGTON. May 3. The High Commiisioner cables under date May 1 (Note: Quotations, unless otherwise specified, are average market prices on spot);— '.Mutton.—The market is firm with an upward tendency and a good demand continues. Canterbury 6 : ’ t d, North Island 6 1-iSd; higher prices have been obtained in each case for best quality. Light weight ewes, 5 D-16d. Lamb. —Tho market is weaker and has a tendency to go downward owing to tho high price, together with the increasing supplies. Canterbury two’s 7gd, other weights and second-grade light 7 Id. Beef.—Tho market is very firm and supplies of American chilled small._ New Zealand hinds 6;d. fores 6)d ; chilled hinds Bd, fores 6|d. Butter.—The market is firmer with a good demand on account of a quantity of colonial to be shipped to Australia and New Zealand, and butter being packed l in tins for the Government: also on account of«he absence of Siberian. The supply is running short here and merchants* are experiencing an •inconvenient delay in delivery on arrival of butter at the London docks. Danish, firm, 144 s to 1465; New Zealand, firm. 134 s to 1365. unsalted 133 s to 1425; Australian. 130 s to 1325. exceptionally 1345; Siberian. 128 s to 130 s. exceptionally 1325; Irish creamery, 1365; Argentine, 123 s to 130 s. Cheese.—The market is firm. Canadian, white C6s I to 9?-s, coloured 94s to 265; New Zealand firm, white and coloured 98s to 04s; Australian, SSs to 60s; United States in good demand, Cbloured 83s to 90s, white S7s to 925. Hemp.—The market is firmer, but the demand is chiefly for immediate* delivery. Manila freights have been raised 30s per ton of 22401 b. Fair current Manila. £3O; New Zealand, good fair grade £32 10s, fair £3O 10s; forward vtipment, good fair £3l 10s. fair £3O. Manila forward shipment cannot _ be quoted owing to tho great uncertainty concerning tho new grading regulations. Tho output from Manila for the week was 26,1)00 bales. Hops.—The market continues dull and no change is expected unii; definite Government regulations concerning the liquor traffic can be settled. English 75s to 100 s. Californian 70s to 955. wiieat. —There has been considerable fluctuation during the week, hut the market is now somewnat steadier. Canadian, on passage G6s, May-Juno 645; American, now crop, July and "August 555; Argentine, on passage, 625. Oats.—The market is very quiet. Argentine, 31s.