COMMERCIAL.

Stratford Evening Post, Volume XXXIV, Issue 61, 5 November 1912, Page 5

COMMERCIAL.

LONDON MARKETS,

(By Electric Telegraph.—Copyright.) (United Press Association.) London, November 3. Tin.—Stocks 1172 tons, spot 2i59 tons, afloat 3/45 tons, deliveries 3537 tons. Copper.—Supplies 35,612 tons, deliveries 37,216 tons, stock 43,000 tons, auoat otiou tons. Tallow.—Stock 3932 cwt., imports 3123 cwt., deliveries 6681 cwt. Copra.— Weak; Soutn Sea bags afloat £25 15s. Hemp.—linn; January-March £34 15s. -Jute.-—November-December, £26 IDs Ruboer, 4s 3£d. Linseed oil, £3O. Cotton.—November-December, 6.27 d Wheat.—The demand is slow and cargoes show a lower tendency, 38s 9d is asked for South Australian Eebrti-ary-March, 39s 6d for Australian January. ■ The wheat and flour afloat for the United Kingdom is 2,3/0,000 quarters, for the Continent 2,175,000 quarters, ■Atlantic shipments 495,000 quarters, Pacific 65,0u0 quarters. The total shipments to Europe are 1,345,000 quarters, including Argentine 72,C0J quarters, Russia 260,000 quarters, Danube 171,000 quarters, India 118,000 quarters, Australasia 33,000 quarters, HIGH COMMISSIONER’S REPORT, Wellington, November 3. .The following is the High Commissioner’s cablegram under date London, November 2 (quotations, unless otherwise specified, are average market prices on spot):— Mutton.—The market is quiet but steady, on account of the moderate supply. Canterbury 4£d, North Island 4id, River Plate 4d, Australian 3Jd, English ewes 4d. Lambs.—The market is weaker, though not actually lower. Canterbury sgd, other than Canterbury s£d. Beef.—The market is very dull. The supply exceeds the demand. New ' Zealand binds 3|d, New Zealand fores

Butter.—The market is weakening, with signs of a decline. There is less demand than the supply, which Is plentiful. Buyers are holding hack, expecting prices to go lower. Danish 13(Js, Siberian 109 s, Australian !li9s, Argentine 119 s. ' " ■ Cheese.—The market is unsettled. Prices are irregular; the supply of English is large. Canadian, white 635, coloured 645. i \ b

Hemp.—The market is strong and advanced. Spot New Zealand goed fair grade £33, fair current Manila £34 10s, a forward shipment brought about the same price. The output from Manila for the week was 31,000 bales. : The following are the River Plato shipments received during October, 1912 London, 12,323 mutton, 20,548 lamb; Liverpool, 113,040 mutton, 13,789 lamb; Cardiff, 2000 mutton, nil lamb; Newcastle, 8000 mutton, ffil lamb; totals, 247,073 mutton, 39,327 lamb. The totals for October, 1911, were 216,320 mutton and 56,719 lamb. The New Zealand Loan and Mercantile Agency Co. have received the following cablegram from their London house, • under date November 1: “Frozen Meat.—The market is slightly weaker for mutton. There is less enquiry for lamb, and the market is very weak for beef.”