COMMERCIAL.
! LONDON MARKETS. By Cable—Press Association—Copyright. London, October 18. Wheat.—Easierj the market closed steadier. Australian cargoes sold for 40s 9d, while 41s (id is asked for a shipment off the coast; 38s Od is being asked for a Januiry-February shipment, and 38s Od for a February-March shipment. Liverpool futures, " December 93%, March 91, Australian spot (quiet) 425, New Zealand 41s Od. Flour.—Australian, 29s ex-store; there is an easier tendency in sympathy with wheat. * • Oats.—Dull; La Plata, October-Novem-ber 19s iy 2 d. Beans and Peas.—Steady. Butt tor. —Firm and unchanged. The tone of the market is bullish, owing to the dry weather in Australia and * tlie small shipments as compared with 1911. Copper, £7O 5s to £77 10s. Electrolytic. £3l ss. Tin.—Forward, £225 15s. Iron, o(is 9d. Spelter, £27 7s Od. I Sugar.—German 9s fid, first marks 12s 3d. Bradford Wool.—Quiet; 50's 19'/,d. 46's 10s, 40's 14 : J4d; other sorts unchanged. Silver, 29% d per oz. Received 20, 5.5 p.m. London, October 19.
Frozen Mutton. Southland, 4%d; North Island, 4 5-1 (id; best brands, 4%d: Now Zealand owns, 3%d; Australian light, 4d (no owes are offering); River Plate, hoavy, 4d. Land): Canterbury, light, 5%d; medium, 5%d: North Island, 5 5-1 (id; selected brands, 5%d. Beef.—New Zealand freezers, 2y,(1; hindquarters, 3%d; Australian forequarters, 2%d; hindquarters, 3%d; River Plate frozen forequarters, 2%d: hindquarters, ',V/.,d; ehilled forequarters, 2%d; hindqunrtcw. 4y A A. Rabbits are firm, and in excellent demand, Colonials bringing full prices. The New Zealand Loan and Mercantile Agency Co., Ltd. and Reduced, have received the following cablegram from their London house under date 16tli inst: Tallow—We quote present spot values for the following descriptions:—Good mutton 3fls 3d per cwt., good beef 3Gs, mixed 335. The market shows a lower tendency. • Wheat—We quote 41s 6d, c.i.f., Australian cargo. The market is quiet but steady, and the outlook is uncertain.
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Taranaki Daily News, Volume LV, Issue 131, 21 October 1912, Page 2
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306COMMERCIAL. Taranaki Daily News, Volume LV, Issue 131, 21 October 1912, Page 2
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