COMMERCIAL.

Taranaki Daily News, Volume L, Issue 310, 7 January 1908, Page 3

COMMERCIAL.

| LONDON MARKETS. Loudon, January 5. Copper—On the spot £(il 10a, throe montha £O2 us. Tin—On tile spot £llß us, three months £11!) js. Lead, .-til 10s. Silver, 2s l%d. Ahitiniony, £8 10s to £O. Copra—The market is Slow. South Sea .-CIB. l.inseed oil, 255. New Zealand hemp—The market is linn. December and January shipments ,£27 10s. Kauri gum—Stock, 028 cases.

Rabhibi —Tile market is steady, with an upward tendency. Frozen meat—Mutton: Light Canterbury 3 15-llid, medium ;i%d, heavy 3%d; Southalnd, none offering; North Island 3%d, host brands 3%d. New Zealand lamb: Canterbury light 5%d, medium 51/, d, heavy !>d, Southland 5%d, North Island 5%. New Zealand beef: Ox fores 2%d, ox hinds 3%d. River Plate sheep: Heavy 3d, light 3%d. Beef: Fores 211-] fid. hinds 3%d. Galavnised iron Rest brands £l.) 10s, second brands .€l4 los. Tin plates—l.O. coke l.'ts T'/Ul, I.C. charcoal 14s T'/id. Fencing wire-, £0 )2s (id. Iron bars, £7 7s (id. Cement—First brand (is 3d, second I class 5s lOd.

Shares—Wailii: Buyers £8 3s !)d, sellers £8 (is 3d. Wuilii Grand Junction: Buyers 17s (id, sellers 22s (id. HOME l'llODL'Ui KEI'ORT. Per Press Association. Wellington, Monday. The Department oi Industries and Commerce lias received the following cable, from the High Commissioner at London, dated January 4th:—

l-Yozeri me.it. —New Zealand mutton is in veiy limited supply, but the market is weak and inactive, as there are large supplies of River Plate mutton, which is being strongly pushed for sale at 3d per lb. No immediate change in the market is expected. Current quotations arc:—Canterbury 3%d, North Island 3»/ ai Australian 2y„d. Australian lamb is in large supply, but is of very! mixed quality. It is quoted at 4%d. There is a good demand for prime quality lamb. The beef market remains very flat. Supplies of River Plate beef are heavy. New Zealand beef is quoted at 3%d for hindquarters. Butter The market remains firm, and there is a general and active deimand. Light shipments are expected. Choicest New Zealand 119s, Australian 110s, Argentine 117f>, Danish 1245, Siberian 112s. Cheese —The market remains firm with an upward tendency. White make flls, colored 62s per cwt. Hemp—The market is steady, but market prospects are uncertain and transactions are moderate. Good fair grade on the spot £2B 10s, fair grade In same position £27 10s. January to March shipments: Good fair grade £27 10s, fair grade £27. Fair current Manila £29 per ton. Cocksfoot seed —The market is very firm, and no immediate change is expected. There are light stocks on hand. The quotation is 70s per cwt. for 171b bright dressed seed. > Wool There is better demand for wool. Prices are firm.