COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 208, 24 August 1908, Page 4

COMMERCIAL.

LONDON MARKETS. London, August 21. Butler— The market is dill). Danish Uili m 121s. Weddcrs Annual Hevicw refers to the remarkable, impi'oveiucuc in Quri'iisliind butler, which is attributed largely to the strictness of grading. The Review advocates compulsory gradiny and the stiiuipiug of the number cf Ihe grade on boxes. The paper considers it probable that the average values of butter and elieese for the coming seasou will be somewhat lower than last season.

Wheat—Markets inanimate, with a weak tendency. There is a general .'ndisposition to speculate. Cargoes ai':; difficult to move. Prices unchanged. i'lour —Market dull. Australian patents are olfering at Glasgow at £27. The American visible supplv of wheat and Hour is 21i.000.8Ul bushels.

Copper—On the spot £OO 2s (id, three months £OO 17s Oil. Electrolytic copper £O2 10s. Tin—On the spot £lll2 17s (id, three months £lB3 12s Od.

Lead, '£l3 8s i)d. Iron, 51s 9d. Sugar—Herman Us lid, first marks lis lOd.

Wool—On the Bradford wool market there is moderate inquiry. Business is small. Common sixties 22'/ a (l, super 23'/ s d.

CANADIAN WHEAT YIELD. Ottawa,.August 21. There is ideal harvesting weather in South Manitoba. Threshing has begun in most purls. The quality of the crop is excellent. BROKEN HILL MINES. Sydney, August 22, The. report lo be presented at the half-yearly meeting of the Broken Hill Proprietary Company shows that the depreciation of silver and lead reduced I lie profits from £137,-IU2 to £22,770. This is equivalent to a- fall from 8s Od to Is 8d in the profit per ton of ore.

DALGETY & CO.'S EEPORT. Butter—The Copenhagen official (nictation is 4 kroner* (about 4s Cd) per cwt. lower. The total imports of butter into the I'nite d Kingdom for the week ending loth inst. amounted to 85,000 cw.t. as compared with 7D,ooocwt. for the corresponding week of 1007, shoving an increase of OOOOewt. Australian: Suited 114s, unsalted 1103. Prices for New Zealand butter are unchanged. The market is steady. It is expected that if any change in prices takes' place it will be in favor of sellers.

Frozen Meat.—Tleef %d per lb higher Prices for mutton and lamb are' unchanged. Wellington, August. 21, 100 S.