COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 162, 8 January 1912, Page 8

COMMERCIAL

LONDON MARKETS. By Cable—Press Association—Copyright. London, January 5. Copper. Spot £63 3s 9d, three months £64; electrolytic, £64 ss. Tin.-£ash £l9l. Iron, 50s sy s d. Spelter, £26 15s. Sugar.—German 14s 9d, first marks 17s. Bradford Wool.—Quiet; 64's 25d, common We, 24d, 50's 18d, 40's l»y 4 d, supei' GO's 24% d, 56's 21d, 46's 14% d. Butter.—Very firm, with strong demand. The week's colonial exceeded 80,000 boxes, which were well cleared. Danish 138s to 1375; choicest New Zealand 1345, oecasionaly 1365, secondary ,128s to 130s; Australian 130s to 1325, secondaries 14s to 128s. There is a bullish tone, and further hardening is probable as supplies diminish. Cheese.—Very firm; New Zealand 73s to 745. Wheat.—The markets were inactive ,' till to-day, when further bad weather in the Argentine caused great activity. Two Australian cargoes, 8000 tons, South Australian shipped December 10 and 10,500 tons to be shipped January, sold at 36s 6d. Five Australian cargoes and 27,500 tons New South Wales January, 7000 tons' Australian, three ports January, sold at 36s 3d. One Australian cargo and 100 tons South Australian steamer January 5, 14,500 tons New South Wales sailer, early in December, sold at 36s 4%d. Australian spot, quiet and unchanged. New Zealand longberry 35s M, shortberry 34s 6d to 355. Flour.*—lnactive, 25s 3d ex; store, 24s 6d on passage. <> its.—Firm; New Zealand spot about '2-1 ■ id. i as.—Dull; New Zealand maple 375. i ans.—Firm and scarce; New Zealand 36s to 36s 6d ex store. Received 7, 5.5 p.m. London, January 6. Wheat.—Three Australian cargoes sold at 36s 6d, 37s oy 8 d and 37s respectively. Copra.—Dull. South Sea bags sold at £23 16s. . Tin.—Spot £193, three months £IBB. Lead, 15 9-l'6d. A RISE IN WHEAT. Sydney, January 6. On the strength of London reports the wheat market is firmed, and sales were made at a halfpenny advance.