COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 195, 7 August 1908, Page 4

COMMERCIAL.

LONDON MARKETS. London, August 5. Copper On the • spot £OO, three months £Ol lis. Supplies 37,1)51 tons, deliveries• 33,528 tons, stocks 42,134 tuns, afloat 7401) tons. Tin On the spot £137 as, three month £l3B 10s. Lead, £l3 10s. , . , Silver, 2s 4%d. I Wheat—The American visible supply amounts to 23,1)1)2,000 quarters. LONDON DAJEY PRODUCE RKl'nflX. Mr. Newton King has received the following report from .Messrs. 1!. and V\\ Davidson, Glasgow, under date 2111. h June:— Rutter.—Our market at the end 'if last week and the beginning of this wee]: was very buoyant, and prices advanced several shillings per hundredweight. As the week advanced there set in a somewhat quieter feeling, and merchants are now verv chary of buying anything but what they actually require to fill orders. The arrivals from all quarters show .'■• slight increase, and are apparently quite sufficient to fill all needs. Our telegraphic advice from Copenhagen states that the market. there continues firm, and the committee at their meeting today have made no change in the quotation. All over the United Kingdom the • weather has been warm and bright, and • the hay crop this year is going to bo one of the largest we have had for many years. Danish and Swedish Rutters: There has been a fairly active demand at about 2s advance. Stocks, however, are not entirely cleared, and at the finish the market had a slightly quieter feeling. Choicest qualities 114s to 115s. Siberian Butter: Arrivals this week ' have met with an active, demand, and . stocks have been well cleared at 2s or 3s of an advance. We quote strictly ■ choicest quality 10«s. 108s. with choi.-.e . 1 and medium grades 102s. lOlis. Our tcle- , graphic advices from Siberia state that i' Cennany is buying very heavily, an'l , that prices there are much higher. In ■ I fact, prices being asked in Siberia a'-o i above what can be made here at present.

Irish Creameries: These are coming forward 111 large supply and in splendid condition. The demand has been very good, and ail advance has been made oT about 3s per ewt over the previous week. To-day's quotations, 110s to 112s. Canadian 'Creameries: The market on the other side appears to be very si row', and prices asked over the cables this week are 113s, 114s c.i.f. At these prices we are afraid they will find some dilliciiUy' in booking orders from tins side. Australian and New Zealand Bntteis: 1 shipments coming forward are now vei> small. The prices we quote are merely h nominal. Strictly choicest brands HOn 112s; second grades 100s u 108s; third grades 104s. _ ( Butter imported to United KingdomThe total arrivals of lmtler from Nl January to week endiilff 20th .Tune for She 'i-t four years are as fallows:—l9o3, 2.0M.72.-)CWt:' 1806, 2.174,7<8cwt; IDO7. J 2.230.14 newt; 100R, 2,00r>,472c\vt. j Cheese. —Canadian: The demand for old cheese has been very much strong'T. | Xew I'ns also participated in the im- : prov-emcnt. although nr.c to the same cxi lent. We ipiote: Finest old Canadians, (CJs. (its; new makes 575, 58s. New Zealand cheese: The market for colored .is slightly firmer nt 50s, 00s. White cou- , tinncs' in small supply and is mucli i firmer, having advanced on the week ' about 2s per ewt. To-dav's quotation' for choicest are 04s, 05s, fxmdon.