COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 98, 14 April 1908, Page 4

COMMERCIAL.

LONDON MARKETS. London, April 11 frozen meat—Sheep: Best North Island 4d, rest unaltered. Lamb: Canterbury light anil medium 5%d, North Island u'/jd. River Plate sheep: Light •l%d, heavy ii'-d. New Zealand beef: bores ■> l ('I. hinds 3%d. River l'lato beef: Same prices. Rabbits —The market is firm. All arrivals are quickly cleared. Rabbit skins—At the auctions 1822 '•ales were offered and 1505 sold. Prices are unchanged except tor a few winter incoming skins, which are 'Ad dearer.

Copra—There is fair inquiry. South Sea is offering at London at' 115 15s. Buyers offer £l4 lis lid.

Copper—On the spot £57 12s «d. three months £SB 2s (id. Electrolytic copper £59 10s. Tin—On the Spot £144 sfc. three month, £142 10«. Antimony, £'.) Ills to £lO.

Lead—lmports. 20,(1.12 tons; Australian imports 3920 tons; exports, 5450 tons.

| HIOII COMMISSIONER'S CABLE. | Per Press Association. j Wellington, Monday. I Ibe Department of industries and | l.'jinmerce has received the following cable lroin the High Commissioner at London, dated Ajirif 11:

Frozen meat—The uiutuu market is quiet. Holders are firm. Arrivals from all parts since January 1 show a decrease of 550,W0 carcases by comparison with the corresponding period of last year. Small shipments are expected. Light weights are extremely -carce. A hri-k demand prevails. Following are nirreut quotation*:-—Can-terbury mutton 4' ; d. North Island l" s d. River Plate li;,d. There is a dull sale for h»'a>y carcases of mutton, which arc quoted as lollmvs: Canterbury o : ;id. Noiili l-|and .'{ : ;; d. River Plate :i : ;..,d. I lie l.imb uiaikei i- linn. Slocks on hand are light, but the supply meets the demand. Heavy weights can obtain a small premium. Canterbury brand* .V%d. other than Canterbury ■r%d. The lieef market is tirin. Stock:, of New Zealand brands oil hand are light. Supplie, of River Plate are heavv. There is a moderate demand. . «hi his purely ,-|ieculative. Hindquarters 3%d, forequarters ;)",d.

Butter--The market is -tcadv. lit -t quality being scarce. There i- good demand for choicest New Zealand but ter at Ills. Australian 107s. Argentine I (t 7-, Danish lo;t*. Siberian loirs |»er ewt. ( liee-e The market i- quiet, with a tendency in favor of biner*. White makes are <|u.>nd at tiOs, and colored, of which there is. small supply, at 112s per ewt.

Hemp—The market is rising. There is better demanu. (lood fair grade C2l> 10s, fair grade £25 UN, for all positions. Cocksfoot seed—The market is quiet. Itnyer* are not keen to do business. Bright, clean 171b -eed NO* l»r cwt. Wool-The market is depressed and

weaker, with a downward tendency. Following are eurrent for llradfonl tops: — I Thirty-sixes low ero»sliml* Sy,d, forties low ciosslireils Mil, forty-fours inediuin el'osshreils 1 Id, titties hitlfbrals Is 4il. tifty-Mxo i|iiaitcrhreds Is 8(1, sixties merinos Is lid.