COMMERCIAL.

Taranaki Daily News, Volume L, Issue 321, 21 January 1908, Page 2

COMMERCIAL.

LONDON MARKETS. London, January 19. Copper—(ln the spot £62 15s, three months £O3 ss. Tin- On the spot £122 15,1, three months £123 15s. Silver, 2« 1 l-10d. Copra—There is fair business in .South Sea at £l7 10s. New Zealand hemp—The market is steady at about J)s decline. Linseed oil, £25 10s. Wheat—An Australian cargo sold nt 40s. Rabbits—A fair trade is lieing done. Large Sydneys were retailed at 14s to 14s fid, .Melbourne 13s to 13s od. New Zealand extras 15s. Rabbit skills—At the sales 3070 bundles were offered and 2580 sold. Best New Zealand realised high prices, other sorts declining Id. Australians declined V 2 d to Id for best, and l'/,d for other sorts.

I'rozen meat—Mutton: Canterbury is not quotable, as too little is offering; North Island 3Vi<l, best brands 3 (MM. Now Zealand lamb: Canterbury, heavy 5%d, other qualities not quoted; Southland and North Tsland, none offering. New Zealand beef: Ox fores 2 13-lfiil, ox hinds unchanged. River Plate sheen: Heavy 2%d, light 3d. Beef: Ox forep 2%d. hinds unchanged. Wheat and flour—The quantity alloat for the Cnited Kingdom is 3,130,000 quarters; for the Continent 1,140,000 quarters; Atlantic shipments 355,000 quarters; Pacific shipments 240,000 quarters.

11 ICS H COMMISSIONER'S ADVJGEI Per Press Association. Wellington, January 20. The Department of Industries und j Commerce lias received the following cablegram from the High Commissioner, dated Loiid.oll, January 18th:— Frozen meat.—The mutton market is very dull. Trade is disappointing, there being only a hand-to-mouth demand. Prime light-weight Canterbury mullton is getting very scarce. It is quoted nominally at 4i/ 6 d, Following are current quotations;— Canterbury mutton (heavy-weight), 3»/,d; North Island, Australian, 2%d; River Plate, 2y B d. Litmlj—The market is weak. The supply of Austral'! 11 lamb (which is of very mixed q I:.;. ■ exceeds the demand. A sim; . • t-itt of this sea J son's New Zea 1 has arrived, It is quoted at (;• .|. Tc ;e has been no alteration in tlie beef market since last Week.

Butter—The market is a shade weakI er lor best quality, and some holdors. are forcing sales. There has been an j exceptional demand for second quality I butter al an extravagant price on aecount of its scarcity. Choicest Ncre Zealand is quoted at 118s. Australian 11#". Banish 1255, Siberian and Argentine 11 7s per cwt. Cheese—The market is quiet »ut firm. White makes are quoted at 02s, and colored at 03s (id per cwt. Hemp—The market is weaker and prices are slightly lower. Transactions are light, flood fair grade on the spit is quoted at £2B 10s, fair grade in tile same position £27, fair current. Manila 011 the spot £2!) 10s, .lamiarv to March shipments: Good fair grade £2B, fair grade £27, fair current Manila £29 10s.