COMMERCIAL.

Wanganui Herald, Volume XXXXV, Issue 12982, 25 January 1910, Page 3

COMMERCIAL.

LONDON MAEKETS. Press Association.—Telegraph.—Copyright. ■iy. >■:'■■ • LONDON, January 23. 'Hemp is inactive, and prices are unchanged; Copra is dull, and small sales have been effected. South Sea>. in bags, J24. Cotton.—Liverpool 742. '. Silver.---.24 o-Uid..■." -' : ; L ' • ; , Copper.—Spot J>6o lis 3d,', three months' £6l 12s, Gd: . • ~ '-..'' .( '' Tin-.—Spot ,£l4O 15s, three months' .£l4B 2s (id; '. " •'■'■'■' ' Lead.—JEl3 13s 9d. Kabbits are The wool catalogued to : date totals ■48,872,ba1e5;. 46,639 have been sold. Competition: for all .sorts is very firm. America gave crcssbred's! g6od support. Hiku 16Jd, average 14^d; ..Tokbrnarulsl'd, average 14 1-ed.rß.S. overT; 15d,: average md; Alrifcio 14Jd, average 13-jjd. The total; quantity of, wheat and flour afloat for the United Kingdom is 2,675,000 quarters, for the Continent 765,000 quarters, Atlantic shipments 140,000' quarters, Pacific 15,000 quarters. Waihi shares—buyers £9 15s, sellers .£9 1.7e Bd; Junctions—-buyers 33s Id, sellers 355. The Imperial Bank of Berlin has rcdi.cjd its'hank'rate'to 4J per cent. OUOD W OOL SALES. LONDON, January 24. At the wool sales, there is good competition at late rates. -.' DUNEDIN WOOL SALES. (Per United Press Association.) DUNEDIN, January 24. The second Dunedin wool sales of the aiasoli opened very briskly, there being a number of new buyers. A feature of the sale was the strong demand by Continental buyers, especially for pieces. Merinos .were apparently, somewhat neglected, but line half bred was keenly competed for, the top price so far being 14Ad for'Otanomomo wool. AUCKLAND SHARE MAEKET. '

(Per; United Press Association.) AUCKLAND, January 24. The following business was done at the Exchange this morning:— Knranui Caledonian—ls 2d. May Queen —3s lid. Victoria—ls 2d. Waiotnhi—ls 5d to 4s 7d. Wnitangi Consolidated—ls 6d. Ross Goldfields—,Bs 9d. M.mt, Welconr—(id. Old Ilauraki—ss to 4s lid. Kapanga—lid. Royal Oak—Contributing Is 3d. Crown—ss od to ss. 3d. , - Taii'iia Broken Hills—ls 3d. Talisman—4ss to 45s 3dWaihi Extended—3s 2d,' Grand Junction32s 9d to 325. WELLINGTON, January 21. -Mu-way,' •- Roberts" and'-Uor-lfaveWeccived the lollowing market cablegram fronitheir London Agents, Messrs Sanderson, Murray and Co., dated 20th January, 1911); \ Wool.-—Market firm. American buyers not paying extreme prices. Sheepskins.—Tlio market for merino -.sheepskins shows no material change.. .The market for crossbred sheepskins has advanced Id to fd per lb. HIGH COMMISSIONER’S CABLE. WELLINGTON,.January 24, The cablegram from the High Commissioner dated 22nd January, reads as under : The mutton market is quiet, and trade ■for all classes of mutton is very slow, prices being barely .maintained, the supply of Canterbury mutton is practically exhausted. Quotations for that description arc nominal at average price. North Island mutton, 3;} d. Tho stock of last season’s Now Zealand lamb is almost exhausted, and the small lots on the, market are selling at mutton prices. The average price of new season’s 'Now Zealand lamb, other than Canterbury 4Jd; Australian lamb •'H'd. The beef market is firm, but the supply is limited. New, Zealand hindquarters are averaging 3 l-8d; forequarters Tho butter market is very firm, with a general and active demand. It is expected that prices will advance. The shinment of butter and cheese per e.s. lonic, arrived in good condition. The average price for choicest New Zealand butter is 114s; Australian, Argentine, and Siberian 110s; Danish 12,15. The cheese market is very Jinn, and. there is a good dc-inand. market is- active' at an advance. New Zealand finest white cheese averages 58s; coloured, 575. The. hemp market is quiet at last quotations, with a tendency to favour buyers. It is reported that the American market for Manila hemp is firmer. The output 01 Manila inr the week was 20,000 bales. The puces cabled last week were—spot, ■o'ood fair, „£27 l()s; -fair, 4126 15s, Manila, 4126 10s; Jamiary-March good fair, £27- fair -fe'o; Manila, T25 Ids. The kauri gum market,is firm with a fair demand. Current quotations—Ordinary to fair threequarter scraped 10s‘ per cwt.; fair half-scraped, £5 ss; brown fair, half to three-quarter scraped, 905,, brown- pickings common to good, 40s; hush, fair to good pale and amber, scraped’ Bd.

MURRAY, ROBERTS. AND CO. WOOL, SKIN AND HIDE SALE. Our catalogue, to-day consisted of 4,200 sheepskins, 450 hides and calfskins, besides a considerable quantity of wool in' bag* and fudges, etc. The attendance ot buyers was large, all the usual onerators being present, and bidding was keen, especially for the wool and skin offerings, for which prices may be quoted a fart IK thing to a half penny per lb. higher than previous sale. Hides were bid for freely, but . hardly to the level of last sale. The average of the offering, however, could hardly be considered equal to last sale,, and this, together with the fact that weather conditions were against an •attractive appearance being maintained, possibly accounts for the slight difference •in values. Owing to the stores being vapidly, Allied, with, wool for February wool sale, it has 'been decided to hold no skin or hide sale till Friday, 25th February. / Prices current are as follow. < •Wool. —Crossbred, in bags,, etc.,. B|d,tb 9)d. per lb; pieces, erutchings, etc., 5d to 6j)d; locks, etc., :Sd to 4Jd. q ••• Skins.—Fine rossbred Sid to’ 9d per lb.; .medium do., 8d to Bhd;. coarse do. 7d to 7kl; inferior*! pelted /crossbreds 5Jd to 6|d ; deads, hoggets, etc., 4£d. to 6Jd; dambs (woolly)' 7d, to 7fd; lambs..(short f ( lnL ool; i (1 1 ( 1 Liu's inUn i:

Hides.—Ox, medium, G ; \cl to 7d; ox, light, 6d to 6.)-d; cow, medium, 6d to. 6i|d; cow, light, 6d to 6)d; damaged, cut, and slippy hides -,3 dto add; calf, sound,, best, 9d to 9-J-d; calf, medium, 81 d to od'; calf, damaged, 4,1 d to 7d. Tallow.—ln tins, 20s to' 22s 6d per cwt.; in casks up to 26s per cwt. LONDON MARKETS. Dalgcty and Compa'ny, -Lt-d., report having received tho following cable messages from their London house, under date of, the 20th instant; Wool.—Sales continued firm and active with 'brisk competition. Greasy crossbred wools suitable' for: American show no improvement as compared, with closing rates of last series. Tallow,—Prices in general are . .3d lower. Frozen- Moat.—Market unchanged... except for old season’s Now Zealand lamb, small-stocks of which are realising 4d to 4(d. Fair quantities of new season’s Now Zealand North Island lamb are being sold at 4}d to sd. Australian lamb is°finn at last quotations. Sheepskins—Prices for merino sheepskins are unchanged, while crossbred fine sheeps are at par to -)-d higher and crossbred coarse and medium skins arc par to Id higher. AVollijigton, 21st January, 1910.

WOOL, SHEEPSKINS. HIDES AND TALLOW SALE. The N.Z. Loan - and; Merantile Agency Co.. Ltd., report as follows; Large catalogues of bag wool, shc-ep- ■ skins, hides, and tallow, being a month’s 'accumulation, were offesed to-day. _ Buyers were in full attendance, and bidding was spirited. In sympathy with the hardening market at Homo for wool and skins,' and restricted supplies of hides in Australia, all the linos appreciated to the extent of £d to ,)d in wool, and l-8d to Id in hides. We quote: Wool in bags—Halfhred fleece to KUd per lb.; crossbred medium 8d to 9d; crossbred, coarse and, dingy,. 7d to 7.) d ; pieces and bellies 4J-d to 6Jd; locks Jj-d to 4d: lambs’ wool lid to BJd; crntchings sd. : Sheepskins. —Fine crossbred 7-} d to BjJ-d; medium and coarse crossbred 7d to 7 ,hi; dead 6d to 71, d; short wools 4-Jd to 6ld: damaged skins 4d to 6? ( d; -dry pelts. 3-id to 4,fd; green pelts Is Id to 2s 9d each; lamb pelts lid to Is Id each.. _ Hides.—Ox, medium weights 7d,to 7gd per lb.; cow, and light ox, 6d to 6 7-8 d; faulty Hides 4 7-8 d 'to 6 3-8 d; dry hides 3 7-8 dto 6. l-8d; calf, best, 7,7-8 dto 8 7-8 d; calf, faulty, 4 l-8d to 6Jd-; bull s|d. ' ' Tallow.—ln tins ,19s to 23s 3d per cwt.

STOCK AND SHAKE QUOTATIONS. Messrs TTairburn and Silk,' sharebrokcrfl, report as follows: INVESTMENT STOCKS.

The mining quotations are'those ruling in Auckland to-day.

Sellers Buyers £ a. d. £ s. d BANKS New Zealand 9 10 6 9 8 6 National 6 1 0 INBUBANnE .. New Zea'anl . .. 3 169 Ponth.British 2 16 6 2 1« 0 National. .. 19 0 1 7 4 COATi Westport ... Westnort-Stockton .. 7 6 MINING NZ, Grown 5 3 4 11 New May Queen - .. 3 10 3 8 New Saxon Waiotabi 4.,' 2. > 0 Wai^angi Tairua Broken Hills Tairua OoWen HilJ* Talisman Oons'd 2 4, 9 2 4 0 Waihi 9 19- 0 9 18 0 Waihi Extended Waihi 'Gf'n'd J'ct'h .. 1 11 6 i n 0 Waihi Gonad" ' .; New Sylvia 3 7 3 6