COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 215, 9 March 1912, Page 10 (Supplement)

COMMERCIAL.

LONDON MARKETS. < j By Cable —Press Association —Copyright.! London, March 7. v ! Copper.—Forward, £65 16s 3d; electrolytic, £67 15s. The recent advance in prices is due to the rapid decrease of the visible supply caused through the large European consumption. The sheepskin sales have been postponed indefinitely owing to the strike. Kabbitskin Sales.—Two thousand five hundred and seventy-nine bales were catalogued. There is a strong demand. Australian fair to good %d dearer, and common inferior is Id, occasionally 2d dearer. New Zealand fair to good averaged y 2 d dearer. Lower sorts are Id to iy 2 d dearer. Turrier descriptions irregular, Id to 2d dearer.

AUSTRALIAN MARKETS. Melbourne, March 8. Wheat, 3s 9y 2 d to 3s 9%d. ;'■ Flour, £8 10*. i Bran, £5 15s. Pollard, £6 ss. *> , Barley.—English 6s 4y B d, Oape 5s 2d. Oats.—Algerian 3s Id to 3s 2%d. Maize, 4s 3%d.. Potatoes, £2 IOS' to £5 15s. Onions, £6 15s to £7. ARGENTINE REPORTS. By Telegraph—Press Association. Wellington, Friday. The Commerce Department' has received the following cablegram from Buenos Aires dated March 6:—The following shipments of produce were dispatched from the Argentine to United Kingdom ports during February, 1912 (compared with February, .1911): Frozen beef; 1912, 1,50,000 quarters (1911, r 108,168 quarters); chilled beef, 1912, 154,000 quarters (1911, 129,141); frozen mutton, 1912, 261,000 carcases (1911, 113,606); frozen lamb, 1912, 73,000 earcases (1911, 27,236 carcases);, butter, 191$ 12,296cwt. (1911, 1300cwt.). The New Zealand Loan & Mercantile Agency Company have received the following cablegram from their London house, under date 6th inst.:—Tallow: fine mutton 3s 3d per cwt; good beef, •32s 9d; mixed, 31s 3d. Market dull for fine mutton and fine beef. Wheat sold at 37s 7%d c.i.f. Australian cargo. Market is quiet and steady, owing to light arrivals, and the outlook is encouraging.