COMMERCIAL.

Auckland Star, Volume LII, Issue 303, 21 December 1921, Page 7

COMMERCIAL.

LONDON MARKETS, f Receiver! 10.00 a.m.i LONDON. December 13 Copper, spot £S6 8/. three months £66 S ': electrolytic. £67 16/3: lead: spot £25 HI . three months £24 12/6; spelter, spot £27 12/6. three months £27 IS?; tin. spot i 172 12/fi, three months £174 rj/6. Silver, 2/11 1 per oz. Messrs. Dalgety and Co.. Ltd., repor , . having received the following cablegram.* from their London office, under Gate December 10:— Butter.—Market continues wen» and irregular. Danish. 182/ to ISO/; Ans:raiian, finest unsilted 152/ to 154/. salted 126/ to IS4/. second.irj- 11G/ to 124/. inferior !WV to 110/; New Zealand, finest. 130/ to 106/. Government prices are unchanged, but no sales .ire being made owing to pres-.-nt nigh prices compared with free butter. land, coloured 00/ to 86/, white 00/ to OS/. Under date December 13: Frozen Meat.—Quotation New Zealand prime crossbred lamb. Canterbury, heavr 6jd. Hunt 7id: North Island, heavy 6Jd. light GJd. Demand for New Zealand lamb poor, market weak. New Zealand prime crossbred mutton, Canterbury, heavy 4Jrt to 4Jd. light 5Jd; North Island, heavj- 4}d. light 5d to 5Jd. Demand for Xew Zealand mutton poor, market weak. New Zealand prime ox beef, hinds r< fores 4d. Demand for New Zealand beef ialr. market weak. G.A.Q. crossbred lamb, Australian, heav-r s*d. light 6d. Demand for Australia* lamb poor. CANADA'S -MERCANTILE MARINE. Thirty years ago the Canadian-Pacific sent out its first sailing ship, the W. B. Flint, to trade from Port Moody near Vancouver, to Yokohama, Japan. That was ten days before the trans-continental route was opened. The W.B. Flint was a ship of 800 tons. To-day the gross mercantile marine tonnage on the Canadian register is , 1.553.000 tons. The total gross tonnage of all other British Dominions outside the United Kingdom is only 400.000 tons gross. More than half the wool produced in Canada now finds its way to mills in that ' Dominion.