COMMERCIAL.

Hawera Star, Volume XLVI, 14 April 1927, Page 8

COMMERCIAL.

THE WORLD'S MARKETS

LONDON METALS. BX CAB LB —DRESS ASSOCIATION—COP Y RIGHT. LONDON, April 11. The following are quotations on the Loudon metal market: Copper- —Spot, £sl 15 s; three months, £55 7s (id-. Lead. —Spot, £26 15s; three months, £27 ss. Spelter. —Spot, £29 10s; three inoifths, £29 16s 3d. ' • Tin. —Spot, £305 2s 6ci; three ’months, £297 7s 6d. Silver. —Standard, 26*3 per ounce, line, 28 7-16-d-WHEAT. LONDON, April 11. Wheat cargoes, are quiet, and have declined from 3d to 6d, owing to heavy world shipments. Barrels are in small request, with a similar decline, in sale at 53s 3d. Liverpool futures are quoted as follow: May, 10s 3gd per cental 1 ; July. 10s 2-£di; October, 9s lOfd. ‘ WHEAT MARKETS. LONDON. Received 11.20 a.m. to-day. LONDON, April 12. Wheat ' quotations are occasionally easier, but generally unchanged. Parcels are in poor request and unchanged. Liverpool futures are quoted as follows-: May, 10s 3fd; July, 10s 2id-: October. 9s I‘Ofd. CHICAGO. NEW YORK, April 12. Chicago wheat is quoted as follows: May 1321. July 1271, September 1261 cents per bushel. SHARES. WELLINGTON SALES. (by telegraph—press- association.) WELLINGTON, April 12 At the 10 a.m. call to-day sales were reported of New Zealand Breweries debentures (bonds) £1 4s, Goldsbrough Mo A. £2 10s 3d, Staples and Co. £1 17*. AUCKLAND BUSINESS. AUCKLAND, April 12. Share market sales are reported as follows: —New Zealand Government War Loan, 1933, 54 per cent., £IOO 2s 6d: Auckland Gas, 23s Id: Auckland Gas (con.), 14s 6d; Northern Steam, 13s Id ; Mosgiel Woollen, _ £3 4s; British -Tobacco Company, 525; New Zealand Farmers’ Fertiliser, 85; Union Oil, 41s; Kawarmi, 2s 7d; Lucky Shot (con.), 2s 2d: Nonpanel (con.), sd; Wad lii, 17s.

PRODUCE. SLACKENERS IN CANTERBURY. CHRISTCHURCH. April 12. Although it has slackened off again temporarily, it is considered that business in potatoes lias lately been quite bright, and about 5000 sacks are to be sent to Auckland by the Waipiata, which is exepeted to sail this evening. A considerable quantity of potatoes will also go north by her from Dunedin and Timaru. Auckland merchants are reported to be “shy” of buying any large quantities on the forward basis, preferring to do business shipment by shipment. The Waipiata’s loading constitutes the first of the season’s business on a satisfactory scale, but it is considered that from now' on there will be a steady demand from the north. Unrertamity still exists with regard to the state of the crops, which, according to some authorities, are far- from satisfactory. As against this however, a merchant stated to-day that he had had one grower whose crop would not exceed three or four tons to the acre, the others all admitting that they would get from six tons upwards. A satisfactory feature about the potatoes tliis season, according to the same authority, was that there had been no complaints from the graders at Lyttelton concerning the size of the tubers. The onion market is said to be quieter this -season than at any time during the past ten or eleven years. '1 he cause of this state of affairs is that more onions are now being grown in the North Island than formerly. Generally a fair quantity of onions is sent at this time of the year to New Plymouth, and other of the smaller ol the North Island ports, whereas this this season the trade is almost negligible. The price to- farmers is £2 7s 6d’on trucks at country stations. Very little business is taking place in seeds, the position regarding which in unchanged.