COMMERCIAL.

Taranaki Herald, Volume LXIII, Issue 144777, 6 September 1915, Page 7

COMMERCIAL.

LONDON MARKETS. BY ELECTRIC TELEGRAPH.—COPYRIGHT. LONDON, Sept. 4. Wheat is firm and buyers are reserved. Chicago September options 07.) cents to 9oi cents; December, 94 to 921 cents.' Butter. —Danish, 168 s to 170 s. Hemp.—August-October shipments, £3l 15s. Copra.—Augnst-September, £22 12s 6d. ■ Rubber.—Para and plantation, 2s. 4|d; smoked, 2s 4id. Rabbits are steady. New South Wales blues 22d, in store. New Zealand lambs.—Canterbury, light B|d, second quality Bd, medium Bd, heavy 7|d; North Island, 7Jd, selected brands Bd. ; - Australian.—Ewes, s|d; lambs,' best 7|d, fair 7)d, inferior 7Jd. Argentine.—Grilled beef, fores 6|d, hinds 7|d. Other meats are unchanged. Silver, 23Jd. WHEAT AND FLOUR. (Received Sept. 6, 8.25 a.m.) LONDON, Sept. 5. The wheat and flour afloat is 1,165,000 quarters, for the Continent 1,200,000 quarters, Atlantic shipments 571,000 quarters, Pacific nil. The total to Europe is 680,000 quarters, to which must be added the unofficial estimate of 100,000 quarters, mostly for the United Kingdom, from Canada and Russia 20,000 quarters, and from India 8000 quarters. . PRICE OF BEAN AND POLLARD. (Received Sept. 6, 8.20 a.m.) SYDNEY, Sept. 6. A proclamation has fixed the price of bran and pollard in agreement with those fixed ey the Millers’ Association. In the counties of. Cumberland and Northumberland bran is £5 and pollard £5 10s per ton, elsewhere bran is £1 and pollard 10s below the price in the same district in September, 1914. AUCKLAND SHARE MARKET. SPECIAL TO HERALD. AUCKLAND Sept. 6. Messrs. Hendry and Hay (E. P. ■ Webster local agent) report the following Stock Exchange quotations and sales:— Quotations. —Talisman, sellers IDs 3d, buyers 18s; Waihi, 36s 6d and 35s 6d; Junction, 21e 3d and 20s 9d. HIGH COMMISSIONER’S REPORT. PBB PRESS ASSOCIATION. WELLINGTON, Sept. 6. Following is the High Commissioner’s market report under date London, September 4. (Note. —Quotations unless otherwise specified are average market prices on spot) ; Mutton.-—There has been no material change in the market during the week. New Zealand is not quoted; there is very little at the market and this is selling at: Canterbury 7id per lb., North Island 7Jd, good demand continues for ewes at s(d, Lamb—The chief feature in the market is the demand for light-weight. -Canterbury BJd, heavy-weight 7ld, second class quality light-weight Bd, other than Canterbury 8 l-16d for best quality, light-weight as high as 7 11-16 d. Beef.—New Zealand not quoted. There is a large supply of chilled soiling at: Hinds 7|d, fores 6|d. ' Butter.—The market is firm and good demand continues for high grade. In Denmark production has been reduced to 10 per cent, below normal. This, together with the demand from Germany and elsewhere and the shortage of best quality, makes prices very high. Danish per owt. 168 s to 170 s, Siberian firm market and good demand, 134 s to 138 s,- Irish creamery, steady, 152 s to 1565. Cheese.—The market is advancing with fail- business doing. Thera has been much better demand for colonial during this week at higher prices. Canadian per owt., 74s to 765, English Cheddar, steady market with moderate demand, 945, New .Zealand, in good demand, 74s to 75s and up to 765, United States 68s to 725, good fine grades 62s to 665. The estimated Canadian and United States cheese stocks at London, Liverpool and Bristol on September 1 were 336,000 boxes, as against 192,000 at the same time last year. New Zealand and Australian stocks at London and Bristol on the same date were 7750 crates, as against 3600 at the same time last year. Hemp:—The market is slightly firmer owing to the rise in Manila exchange. New Zealand prices steady, but buyers are not anxious to operate. New Zealand good fair grade per ton £32, fair £3O. Forward shipment prices are nominally about the same. Manila new graded fair, £3B 10s. The output from Manila for the week was 20,000 bales. Hops.—The market is a shade weaker on account of the fine weather. Californian reports are excellent. "Wheat. The market is very quiet, irregular and difficult to follow. Buyers are holding back on account of good crop reports from Canada and America; English wheat is now being offered in the market in fair quantity. English from 40s to 455, acording to quality, Canadian Manitoba No. 2 old crop on passage 52s 6d, new crop September to October shipment 44s 6d, October to November 43s 6d, American new crop August to September 455. Oats—Market quiet but steady. Argentine 265, August to September shipment 24s 6d