COMMERCIAL.

Lyttelton Times, Volume CXXII, Issue 15558, 7 March 1911, Page 7

COMMERCIAL.

United Press Association —By Electric Telegraph—Copyright. LONDON, March 5. ITcmp.—Steady. March shipment £2O to- £2O ss. Cotton—7.46d. Rubber —7s. Copper.—On spot £54 Sr> 9d, three months £55 2s 6d ; electrolytic £57. I Tin.—Market is weak, and there is much bear selling. On spot £lB3, three : months £179. | Lead—£l3 ss. ! Wheat.—Two cargoes of Australian [sold ct 33s and 33s 4Jd uspe'ctively;

; SOICI l o*>j aiUl eo-> tju uojivtmvij , ■ 3 0,500 quarters, jiarcli shipment, at ; Sss 3d. The wheat and flour afloat- for ; the United Kingdom aggregate ; 3,650,009 quarters, and for _ the Con- ' tinent 2,550,000 quarters. The Atlan- ■ tic shipments are 185,000 quarters, and the Paeiiic 30,000 quarters. The total shipments to Europe are 1,300,000 quar--1 ters, including 295,000 quarters Argen--1 tine, 315.000 quarters Russian, 82,000 > quarters Danubian, 139,000 quarters ; Indian and 150,000 quarters Austrai linn.

THE PRICE OF FLOUR, (Received March (5, 9.20 p.m.) SYDNEY, March 6. The Millers’ Assciation has reduced the price of flour by live shillings per ton. It is now £'B.

high COMMISSIONER’S REPORT. [Per Press Association.] WELLINGTON. March 6. Tiie Department of industries and Commerce lias received the following cable message from the High Commissioner, dated London. March 4. The quotations, unless otherwise* specified, are the average market prices on the Frozen Meat.—Mutton — f lhe market is weaker, with a downward tendency. Canterbury, 3|d : North Island, 3§d : River Plate, 3jd. Lamb—The market is dull on account of heavy arrivals. Stocks are accumulating. Canterbury, tralian, 3i(L Beef—Tho market is steadv, and prices are well maintained. Stocks of New Zealand beef on hand are light. New Zealand hindquarters 33d. forequarters 3Jd. Butter.—The market is quiet, but holders are firm for best quality. Choicest New Zealand, 106 s; Australian, 102 s ; Danish, 120 s ; Siberian, 106 s. Cheese. —The market is firmer, and there Is a better demand, especially for white at 575. Coloured is in moderate demand at 535. Tho market has been favourably affected by the CanadianAmerican agreement. Hemp.—There is a better demand, and the market is firmer. New Zealand good fair on spot £2O, fair grade £l9, fair current Manila £l9; forward shipment, New Zealand good fair £2O vs per tom fair grade £l9 ss, Manila £2O ss. The output from Manila for the week was 20,000 bales. Wool.—Tho market remains firm. Cocksfoot.—The seed market is firm. Buyers have been offering for cocksfoot seed more freely. Bright, clean New Zoaland seed, 171 b por bushel, 74s 6d per cwt. Eggs and Poultry.-—The egg market is quiet and firm, with a good demand for all descriptions. Italian per 120 8s 3d to 10s 3d, Danish 9s to 10s 9d, Hungarian Ss 6d to 9s 9d. Poultry— The market is quiet, and there is no alteration in prices. CANTERBURY STOCK EXCHANGE. MONDAY’S CALL. The following- prices ruled at the call of tho Exchange yesterday: Buyers. Sellera. £ b. d. £ c. d. GAS— Christchurch (£5) . 10 0 0 SHIPPING— N.Z. Shipping Co. .. 11 7 6 WOOLLEN MANUFACTURING— Kainpoi 5 5 0 Wellington . • . . 618 0 COAL— Westport .... 188 Weslport-Stockton . 0 5 0 MISCELLANEOUS— Mason, Strutters (£1) 15 0 Mason. Siruthors (Its) 0 IS 0 N.Z. Farmers’ Co-op. 2 12 0 MINING— Taranaki Petroleum . 015 0 Waihi Grand Junction 15 6 The following sales were reported: National Mort.gngo (London register), £3 2s Sd; Westport Coal, £1 83 6d.