COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 283, 24 November 1908, Page 4

COMMERCIAL.

LONDON MARKETS. London, November 22. Frozen meat.—Mutton: Canterbury light 3 3-10 d, medium 3%d, heavv 3%d, Southland 3%d, North Island 3'M\, best brands 3,% d. Lamb: Canterbury light bVz&, medium 5 5-llid, heavy 4'/ 3 d, Southland and North Island s>4d. Beef (nominal quotations): Fores 3'/id, hinds 3%d. River Plate mutton: Heavy 354:1, light 3 7-10' d. River Plate beef: Fores 3'/ B d, hinds 3'/ 3 d,

Hemp.—Market slow, l'riccs unchanged. Rabbits.—Market stagnant owing to high prices which holders are untitling. _ Hides.—Market irregular. Demand generally firmer. Queensland heavy ox 4%d to s '/id, light ox and cow 4%d. Leather.—first Wellington, dressing sides, 15'y,d. Basils are !Ad cheaper. Copra.—Market tinner. South Sea £l7 10s. Antimony, £0 10s.

Copper—Oh the spot £O3 Is 3d, three mouths £O3 18s. Od. Tin—Large sales were held by prominent dealers during the week and everything oll'ered met with a ready demand, partly due to American buyers. Supplies on the spot £l3O 17s (id, three months £l3B 15s. Wnihi Junction Mine shares.—Buyers 28s !)d, sellers 31s 3d. Wheat and Hour.—The quantity a lloat for the United Kingdom is 2,185,000 quarters; for the Continent, 1,015,000 quarters; Atlantic shipments, 500,000 quarters; Pacific shipments, 00.000 quarters.

* HIGH COMMISSIOXEK'S CABLE. By Telegraph. — Press Association. Wellington, Xoveinlior 2:1. Tin- Di/pai-tiiH'Ut of hulii-liiis and Commerce has received the following cablegram from tile High Commissioner nt Loiulon, dated November 21: frozen meat.- The market is depressed and there is only dull sale of all qualities. Trade is verv disappointing. I here being only a liiiiid-io-iiiuiith demand. Current quotations:—Dutch inulton -Id, Kiver il'late (which is in large supply) S'/iJ, Canterbury 3%d. North Island :!'/;d. The lamb market'is very dull and the demand has considerably fallen oil'. Stocks of New Zealand lamb on hand are light, and they are firmly held in a few hands. Canterbury is quoted at .V/jd, other than Canterbury sd. The beef market has collapsed. Supplies of Kiver Plate beef are heavy. >'ew Zealand hind-quarters are quoted at 3'/ 3 d, fore-quarters at 3'/»d. Butter.—The market is temporarily depressed. Large buyers '.have withdrawn from the market and prices have declined. The supply exceeds the demand. Current quotations:—Choicest Xew Zealand litis, Australian llts, Danish 12is, Siberian 110s, Argentine lMs. Cheese.—The market is quiet hut firm. Canadian makes are quoted at tils per c.vt.

Hemp.—The market is quiet, with a tendency in favour of buyers. Last week's Manila output amounted to 1 S.Dlll) bales. Cocksfoot seed.—The market is dull. Hops.—The market is linn, with an upward tendency. There is much lietter demand for best quality.