COMMERCIAL.

Taranaki Daily News, Volume XXXXV, Issue 241, 10 November 1903, Page 2

COMMERCIAL.

IMPORTS AND EXPORTS. Thursday (light's Gazette contains details of the. imports to and the exports from New Zealand for the quarter ending Sept. 30 last. The imports total £3,451,891, as compared 'with £3,216,891 for tho corresponding-quarter last year. This gives an increaso of £135,000, but in addition to this it must be stated that last year's figures included the abnormal quantity of £224,205 worth of specie, against £87,468 for 1903, so that we really imported more dining this year's third quarter to tho large amount of £271,737, excluding specie. The exports from the colony during the three months under notice wero valued at £2,691,139, compared with £2,806,823 last year. This comparison is not affected by specie, that item figuring at a little over a thousand pounds for each year. Auckland leads oft with £588,682, against £473,011 last year, Lyttelton following closely with £503,641, a drop from £522,715. At tho port of Wellington the exports for the three months fell from £384,484 to £306,138. LONDON, November 8. Copper—Spot, £57 i.7s lid ; three months, £SB 7s 6d ; tin, spot, £ll6 2s 6d ; three months, i;ll7 5s ; silvsr, 2s 3 5-16 d. 1 i irl<"i- -Offerings are insignificant, prices being practically unchongeu ; leather, 14d ; basils, 14id. I | Wool—At tho Antwerp sains, although animated towards tlie close, Tuesday's decline was maintained. During the sale 8564 bales of La Plata wools wero offered and 3093 sold. Sheep.—All Canterbury edrtc, 4d ; Duiiedin and Southland, 3 I-6d ; North Island unchanged. Lambs— Dunedin 4Jd, others unchanged. New Zealand beef and River Plate beef quotation! are unchanged. VICTORIAN LOAN CONVERSION. LONDON, November 7. It is understood that the ' Victorian loan converts will take about two millions in stock, and one million four hundrod thousand pounds of treasury bonds. Tho Morning Post declares the stock i's liemui.kably cheap. The Times says, in view of this experience, it is obvious that underwriters will req,uiro much better terms before they guarantee further louns.