COMMERCIAL.
LONDON .MARKETS,
Loudon, Mav 31. Consols, ,CBB. Copper— On the spot .C 57 15s three months £SB ss.
Tm-Uii tlie s],„t .C 129 ljs. three months .£l2B lis Gil. U-ad, £l2 17 (id. Hemp—JlaV to July shipment £2O
Copra—Market steady. South v..-, £ls 17s Ud.
WoWol—At the sales the fulluiviii" "•ere the average price, realised for I lie Howe portions of the dips named:— W.D. C'/A Arapata 7%d. Itabbil skins—At the sales 1037 bun(lies were ottered and 1720 sold. Prices for New Zealand winter* advanced
Frozen mcat-The Frozen Meat Trades Association's Smithlield market .piotations for the undermentioned classes of frozen meats, based on aetnal sale,, of not less than one hundred carrases of mutton or lamb or twentv-iive (■.•rcsfcis of 1 f"f fair avei-a W . ,'pialilv are as follows (quotations are not for sclcr-ted line,,, Imt for parcels fairly representative! ol Ihe bulk of the shipments now on the ma.-ket) :-*.>»■ Zealand she*... c-rossi.ied wethers and maiden ewes: Canterbury light ;s!b= u , ,-,(;;i, s 41/,,,), heavy 04lbs to 72Ihs ;t'/ s it, other sorts' and lamlfc unchanged. Zealand beef, IStllbs lo 220!bs, fair average nuality: Ox fore 3d, ox hinds 3%d. liiver I'late sheep: Prices unchanged, liiver l'late beef: Fores 2%d, hinds 3'/.d.
If Kill COMMISSIONER'S KEI'OKT
Per Press Association. Wellington, Jiondav. The Department of Industries am! Commerce has received the following cablegram from the High Cominisisoner at Undon, dated Mav 30 th:— Frozen meat-There has l,een ,10 alteration in the mutton market nincc last week. The shipments now arriving are very small, hut the prospects are favorable. Following are current "notation-;:—Canterbiirv mutton 4M.il North Island .'!'/„.!, lih-er Plate :S>/,d' Lamb: The market is linn, and tlicr« is good demand for all lamb. Canter bury brands are quoted at ;>'/,d, and other than Canterbury at o'/ B d. The beef market is dull; 'hindquarler* are quoted at 3%i1. forequarlers M. Butter.—The market is steadv. Home ' supplies ore increasing. Choicest Xe\v i Zealand butter is quoted ilt lii!i s („„„„•. nal). Danish Uiu. Siberian 100, per ewt C'liWrtc—The market is dull and prices' declining. Canadians are liurrving furward their supplies. New Zealand whit.' make is quoted at «IK and colored al ■">7s. Canadian makes are at ,>Ss.
Hemp. The market is verv weak, with nothing doing. Following "are current quotations: <;,„„! f.,j r g„de ou 1I|( , spot Hid. fair grade on the fl! His. fair current .Manila 011 the „pot t/M UN. May to July shipments are quoted as follows: Cood fair grade t2li Ills, fair grade .CM |r,s, fair current Manila £24 l.")s.
Cock-foot Seed.—The market is firm, and buyers are not keen to do business. J here are light stocks on hand. Bright clean 171b seed is quoted at 80s. Wool- The sales closed with improved competition. The market is stronger, but are uncertain, as a lar»e quantity is held over. Following are estimated values: Superior merino lid to Is d'/id. medium merino B'/,d to lll'/id. inferior merino s>/,d to Bd, fine crossbreds (all grades) Kid to Is. medium crossbreds (all grades) 7%<1 to H'/sd. coarse cr„.-,breds (all grades) 5d to 8 '/id.
UIXDOX WOtiL S.Vf.FS.
Il.ilgcly and Wellington, haw m-civrd ilic following cable ines- -=•«" lln'ir 1-oinlon <>l)i«.'. dated the 2M|li iiiKtant: —-'l'lii- wool suli's closed firm and active, with brink competition. Merino \\ ools - Prices are, 011 the average, at par to n per cent, lower than closing rate* of .March series. Fine crossoreds. 5 per cent, lower. Medium and coarse erofwljred wools, wools in light condition, and those suitable for ;ire oil Ilic average 10 to ir, pel- cent, higher than closing rates of la-l scrip*. (Hher descriptions are higher I'.v ."| lo 111 per cent. Out of the net i]ii;tntil\' available for s ale (:>(il,0O() bales) H, .lion bales have licen sold for home consumption, 31,1)nn bales for the Continent, and IKIOO bales for America, leaving I'2il. bales to be carried forward lo the next series, ol' which 115,000 bales were not. offered for sale.'' Mr. Newton King ha fi received the following cable from his Sydney agent re hides: "lagliU firmer, mediums easier."
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Taranaki Daily News, Volume LI, Issue 138, 2 June 1908, Page 4
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673COMMERCIAL. Taranaki Daily News, Volume LI, Issue 138, 2 June 1908, Page 4
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