COMMERCIAL.

Taranaki Daily News, 9 March 1916, Page 2

COMMERCIAL.

LONDON MARKETS. By Cable.—Press Association—Copyright London. March (i. Copper,—Spot £IOO 15s, three months £99 i3s; electrolytic!, £133. and £137. Tin, £)H7 and £lB7 as. Pig Iron, 83s !)d. Lead, £1(1 15s and £3l 17s Cd. Spelter, £llO and £93. Silver, 20 15-1 fid. Share quotations.—Waihi 33s 9d. Received March 8, .3.5 p.m. London, March 7. Imports have increased by £2,147,771, exports liy £10,158,845, and re-exports by £1,720,080. , Tht; wool" sales are postponed, owing to snow. Banks. Australasia, £112; New Ssuth Wales, £37 15s; Union, £49; National Bank of New Zealand, £93 9a; New Zealand, £B2 7s Cd. , Copper,—Cash £99 10s to £.100; forward delivery £9B 7s Od, nominal. Tin, £IBO to £IBO 5s and £IBO 10s, Lead, £3l 17s (Id to £32. . Spelter, £lO2 to £BB. Silver, 275. HIGH COMMISSIONER'S REPORT, The Department- of Agriculture, Industries, and Commerce has received the following cablegram from tlic High Commissioner for New Zealand, dated London, March 4. (Note—Quotations, unless otherwise specified, are average prices on spot);— Frozen meat.—All descriptions continue in great demand, owing to a short supply released for the consumption of the general public. Arrivals of Homekilled are very heavy this week, but the market is not effected to any extent f>y this. Mutton. —Canterbury, and other brands .than Canterbury, 7jd per lb; ewes 7}d. Lamb.—Canterbury B}d per lb; other brands than Canterbury, last season's, [BJd; this season's SJd. Beef.'—There id no New Zealand beef at the market. Chilled hinds 8d; fores OJd. Slitter.—The market is very firm. Danish, dull inarke£,''per'cwt.j 178s to 180s; New Zealand, market firmer, 100s to 102s, up to 104s; unsalted 162s to 100s; fair to good quality 154s to 158s; Australian, good demand for all descriptions, 150s to 100s; Argentine 148s to 150; Siberian 12fis to, 1345. Cheese. —The .market remains firm. Canr/lian,'steady market, per cwt., 99s to 100 a; New Zealand, market firm, with an upward tendency: White 97s to 98s; colored 98s; English Cheddar, firm market, 106s up to 110s; Cheshire, very scarce, 114s up to 120 a; United States,; market firm, with an upward tendency,' 90s to 975; flats 85s to 90s. On March; 1 the estimated Canadian and United; States cheese stocky, London, Liverpool, and Bristol, 96,000' boxes,' against .78,000' boxes at the same time last year. New. Zealand and Australian, cheese stocks, London and Bristol, 21,000 crates, against 14.700 crates last year. Hemp.—Manila: Market quiet, lmt prices are firm. . There is .a better demand for higher grades. February to April shipments:—Manila, . new graded fair, £SO 10s. The output from Manila for the week ended March 4 was 25,000 balep. New Zealand: Market quiet, but steady; a good demand for near positions. Fair has sold as high as £4O. Present quotations are up to March to May shipment. N.Z. good fair, £40.155; high points £4O 2s Od; fair £45 ss. Business has been done with third-grade tow, £2O, April to Jitly shipment. Wheat..—"Market quiet, with a tendency in favor of. buyers. Canadian afloat, per quarter, 09s; Argentine (iSs lid; Australian, February shipment, 08s Od. Oats.—Market closes easier.., Argentine. Februarv to March shipment, 32s Od; Plate Sls'fld. Cocksfoot.—Market quiet, but firm. Good Danish quoted at 9.'is Cd, ex warehouse. Hops.—Market quiet, but steady. English, per cwt, 140s to 150s; Calil'oruian 100s to 120s. Wiol.—Merinos, quiet; erossbreds, firm.