COMMERCIAL AND FINANCIAL.

Evening Post, Volume LXXVI, Issue 108, 3 November 1908, Page 6

COMMERCIAL AND FINANCIAL.

By Telegraph.— Press Association.— Copyright. (Received November 3, 9 a.m ) LONDON, 2nd November. Tho wheat and flour afloat for tho United Kingdom is 2,015,000 quarters; fo- tho Continent 1,900,000; Atlantic shipments, 354,000; Pacific 40,000. Silver. 23 l-16d. LONDON MARKETS. HIGH COMMISSIONER'S REPORT. Tho Department of Industries and Commerco has received the following cable from the High Commissioner, dated London 31st October, 1908 : — Tho 'inuttoii market ia very dull, but New Zealander holders are firm, as stock is moderate. There is no change in prices to report. The lamb market is quiet, -with Jess demand, and no change in prices. The beef market is quiet but firm, hindquartei's being quoted at 3|d and forequarters at 3J;d per lb. Tho butter market is very firm, with an increasing demand for better grades. The following are the current quotations : — New Zealand 1265, Danish 131s, Russian 113s, Australian 1235, Argentine 123s per cwt. The cheese market is firm, with more enquiry. Canadian makes are quoted at 61s per cwt. The hemp market continues dull. Thero is a poor local demand, and no change in prices. Last week's output from Manila amounted to 29,000 bales. The cocksfoot seed market is very dull, and to push sales lower prices would have to be accopted. Bright clean 17lb seed ia quoted at o"3s per cwt, nominal. The kauri gum market is ctcady, with a moderate demand Current quotations are as follow: — Ordinary to fair three-quarter scraped, 1655 ; fair half-scraped, 100s ; brown fair half to three-quarter scraped, 87s 6d ; brown pickings, common to good, 47s 6d : bush, fair to gooc] pale and amber scraped, 1255. ' The hop market is quiet, except for/ finest English, which are getting very scarce and aro quoted at 70a per cwt. American hops arc quoted at 45s per cwt.