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LONDON CABLE. {By Cable. —Press Association.—Copyright.) (Received 7.25 a.m.) LONDON, February 13. Copper, spot, 57£; three months, 56J. Tin, spot and tta-ee montb-. 1234; imports, 18,063 tons, including 732 C tons Australian; exports, 3533 tone. Lead, llj. New Zealand mutton and lambs of all sorts unchanged. River Plate mutton, heavy and light, 3 13-16 d. Beef, all classes nominal. Silver, 2/2J per 02. Wheat: An Australian cargo sold at 30/3. EXPORT BTTTTEE MARKET. Bntter: This market is in a very depressed state. English" buyers are only offering 61d f.o.b. for first grade milled, ami this ts equal to s*d for the farmer. i and nothing for the butter dealer. The J trade arc very averse to further lower the 1 price, but butter ear.not be exported at ! the present price, except at a loss of at least £4 to £5 per ton. Butter makers ; may, however, expect that buyers will be 1 more particular as to grades, and that j only really first grade will bring 6d. The 1 supply is falliug off. but we are still proI duclng very much more than we can consume, and the question conies up aeainWhat Is to be done with it?
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https://paperspast.natlib.govt.nz/newspapers/AS19040215.2.17
Bibliographic details
Auckland Star, Volume XXXV, Issue 39, 15 February 1904, Page 2
Word Count
199COMMERCIAL Auckland Star, Volume XXXV, Issue 39, 15 February 1904, Page 2
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