TRADE AND FINANCE.

Taranaki Daily News, Volume XLVI, Issue 179, 2 August 1904, Page 2

TRADE AND FINANCE.

HOME MARKET CABLES. LONDON, July 30. THE PRICE OF METALS. Copper.—Spot quotations are £57 5s per ten. Tin.—Spot, £123 7s (kl per ton ; tnree mouths, £l2B 12s (id. Silver is quoted at 2s 2;d per oz. COLONIAL AND OTHER PRODUCE Now Zealand hemp.—The market is qjiiei. (,'ood fair Wellington JulyAugust shipments mre quoted at £3O per ton.

Wheat.—A cargo by the. Doris from Dunedin sold at 28s per quarter. The following Frozen Meat Trade Association's SmitliuVld market quotations for the undermentioned classes of frozen meat are based on actual sales of not loss than 100 carcases ofTliutton or lamb or 25 carcases of beef, of fair average quality. These quotations arc not for selected lines, but for parcels fairly representative of the bulk of shipments bow on the market:—New Zealand sheep.—Crossbred wethers and maiden ewes, Canterbury light 48 to 001b, 4J<l ; medium 501b to 041b, 4|d; heavy 641b to 721b, 4Jd. Dunedin and Southland, unchanged. North Island, 55tb to 651b, 3 15-16U New Zealand lambs, Canterbury light | 28tb to 301b, 5 15-16 d ; heavy 801b to 42tb, s}d ; Duraodiit and Southland, 281b to 421b, ojd ; North Island, 281b to 42tb, 5 11-16 d. New Zealand beef, ox fores, unchanged ; ox hinds, 1801b to 2201b, sjd. River Plato sheep, unchanged ; beef, ox lores 2Jd ; hinds unchanged. AGENT-GENERAL'S ADVICE. WELLINGTON, August 1. The Department of Industries and Commerce has received the following cable market report from the AgentGeneral, dated London, 30th ult. : During the past week thers has been a good demand for prime quality mutton, and there is still more inclination to purchase than previously. An appreciable scarcity of prime quality mutton exists. Tho average price to-day of Canterbury mutton, biggeat weights, is 4Jd, average quality Canterbury mutton 4{d, other brands North Island mutton, light weights, 4jd ; average quality of other North Island brands 3Jd. Lamb market.—Very tirm. The stocks of lamb on hajqd are light and firmly held in few hands. Average price to-day of New Zealand lamb, Canterbury brands, light weights, ib Cd : licavy weights Canterbury brands sjd ; other than Canterbury brands s|d. Beef.—Tho market u still very.tirm on account of the strike in America. The stock of New Zealand beef on hand is light. Average price to-day: Hind-quarters New Zealand beef 5Jd, fores 3Jd. Butter.—The market is firm owing to tho dry season here, There are large stocks of butter in cold store. The average price of choicest Now Zealand butter to-day is 92s per cwt., Danish 103s, Siberian 83s, Canadian 88s per cwt. There is a better demand for choose. The average price of finest New Zealand cheese to-day is 40s per cwt. Hemp.—The market is rather unsettled. The price of Now Zealand hemp, good (air Wellington grade, on spot, to-day is £29 10s per ton, July (o September shipments £29 per ton. HOMEBTJSH STOCK SALES. (Received August 1, 9.55 p.m.) SYDNEY. August 1. At Homebush sheep sold at improved prices, best wethers making 20s to 21s, extra 23s Od, good 18s lid. No ewes were offered. Cattlo remained unaltered, best bullocks soiling at £7 10s to £ll ss, best «ows £7 10s to £9, good £7 ss. Beef averaged 24b 6d per 1001b* PRICE OF BUTTER. (Special to News.) WELLINGTON, August 1. Dalgety and Co.'B local office reports having received the following from London, under date July 30th : Australian and New Zealand finest quality prioea aro hig'her by 2s i«r cwt., and inferior butter prices are unchanged.