COMMERCIAL

Taranaki Daily News, Volume LIII, Issue 69, 30 June 1910, Page 7

COMMERCIAL

LONDON MARKETS. By Cable—Press Association—Copyright. London, June 28. Wheat Two cargoes of Australian oats sold at 33s and .33s 9d respectively. Copper Spot, £54 l'2s 6dy three months £55 6s 3d; electrolytic £57 las. Tin—Spot £l4B 2s 6d, three months £149 2s 6d. DAIRY PRODUCE REPORT. Messrs E. Griffiths and Coif New Plymouth j are in receipt of thli following market report from their LoWon principals, Messrs Mills and Spanw; dated May 19. Trade is very much disorganised owing to the ''hank holiday at the commencement of the week, and the general closing to-morrow on account of our late King's funeral. ' Danish: The quotation is unchanged, although in many quarters a reduction was expected. Siberian: Arrivals lately have not been clearing, and a fair quantity has to be stored, but sellers, getting tired of holding, have taken some low prices in order to make sales. French: The production is increasing, and prices are from 4s to 6s per cw"t. lower on the week. Australian: The hutiers per s.s. Narrung were marketed this week, and have been fairly well cleared, but these seemed sufficient to satisfy buyers, as the arrivals per s.s. Orsova have met with very poor demand. Oh this market there is quite a Jot of butter unsold, and going into cold store. The weather lias suddenly turned warm, and this generally has the/effect of decreasing con: sumption somewhat, especially on secondary butter. It is difficult just at the moment to forecast the-market, but we art of the opinion that all the butters will be wanted.' New Zealand: There is practically nothing left over, and we therefore anticipate a good 'deniaiid for the Rimutaka's butter, which* we expect will he on the market next week. Argentine: Business on this description has been very quiet, and some low prices have heen taken for 'butters to arrive next week. Cheese.—Trade has been very slow and .prices in some cases, are Is /per cwt. lower.,