COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 286, 27 November 1908, Page 3

COMMERCIAL.

HIDES MARKET. Received 26, 10.5 p.m. Melbourne, last Night. There is excellent competition for aides, and supplies are moderate. Kips and light kinds are a farthing higher. Others are firm. LONDON MARKETS. i London, November 25. Copper—Oa the spot £63, tnnse month* £63 17s 6d. Tin—On the spot £135 12s 6d, three months £137 10s. Lead, £l3 10s. Tallow—At the sales 1203 casks were offered and 302 sold. Mutton, fine 33s 9d medium 30s; beef, fine 32s 3d, medium 29s (id. At the wool saleg keen competition eontinueaj Pull opening rates are maintained, American buyers are taking both merinos aad crossbreds. : HIGH COMMISSIONER'S REPORT. By Telegraph.—Press Association. Wellington, Thursday. The following cable has been received from the High Commissioner at London, dated November 25: The- wool sales have commence,!. There is a large attendance and keen competition. Prices for merinos and crossbreds show an average advance for last sale of y,d and %d respectively. Americans are operating freely in buying suitable lots. Prospects are favorable. LOXDOX WOOL SALES. Dalgety & Co. have received the fo'lowing cable message from their London house, dated the 2ith instant:—The wool sales have opened and there is a large attendance of buyers. Competition is very animated. Selection fair. As compared with the closing rates of the September series prices have advanced as follow: Greasy merinos 7'/2 per cent., scoured merinos 5 per cent, to 7Vs per cent., greasy and scoured crossbreds 10 per cent, to 15 per cent. (These advances were already anticipated at the last sale held in Wellington.)