COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 134, 28 November 1911, Page 3

COMMERCIAL

j LONDON MARKETS. | By Cable—Press Association—-Copyright. , London, November 26. Hemp.—Steady and unchamged. Jute.—November-December Bhipment '£2o 5«. , Cotton.—November-December sd. Rubber, 4s 4d. Copra.—lrregular. South Sea bags £24 5a to £25. Copper—Spot £59, three months £59 15s j electrolytic £6l. Tin.—Spot £2OO .10s, three months £lB9 ss. Lead, £ls 17s Bd. Silver, 25% d. Galvanised iron—£l4 2s Gd and £l3 10s. | licencing wire, £7 15s. Angle steel, £5 15s. Wheat.—Aai Australian cargo sold at 35s 3d. Wheat and Flour.—The wheat and ilour afloat for the United Kingdom is 2,880,000 quarters, for the Continent 1,125,000 quarters, Atlantic shipments ;«,500 quarters, Pacific 43,000 quarters. The total shipments to Europe for the meek amounted to 1.070,000 quarters including Argentine 13,000 quarters, Russian 235,000 quarters, Danubian 200,000 quarters, India, 116,000 quarters, and I Australasian 16,000 quarters. .

HIGH COMMISSIONER'S REPORT. . , Wellington, Monday. I< allowing is the High Commissioner's cablegram under-date London, November 25 (Note: Quotations, unless otherwise specified, are average market prices on spot):— Mutton.—The market is very firm, with small supply. Canterbury 4i4d. North Island 4d. Lamb, The, market is quiet. The weaklier lately has been very unfavorable to, the .sale of lamb. Canterbury si£d, other than Canterbury 4%d. Beef. Better demand, and prices are mm. New Zeadand hinds 3y 2 d, New Zealand; fores •2y„d. ■ Butter,—Hie market id very 'firin.i •with general and active demand. The average prices for the week for choicest werc: New Zealand 1325, Australian; 1295, Danish 1375, Siberian 1255, Argentina 130s.

Cheese.—(The market is steady, with very good demand. The average prices for the week for finest -were: New Zealand -68s, Canadian 70a, English Cheddar'9os.

Hemp.—The market remains firm, but there ia only a limited demand. J»ew Zealand good fair grade £2O, fair grade £lO, 'fair current Manila £2O, for all positions. The output from Manila for the week was 20,000 hales. Kauri Gum.—The market is quiet and small 'business doing. Da-rk .brown selected: resera.ped. £6 10s to £7 10s, dark brown three-quarter scraped 85s to SOs, dark brown chips' (drossy) 30s to 40a, rescraped pale amber £lO to £l2', threequarter pale scraped £7 to £B, diggers chips (good) 45s to 60s; 222 cases were ofl'ered and 100 cases sold. The stock on October 31 was 373 cases.

Wool—The market is steady and with very good demand. Prices...are Arm at last quotations.