MONETARY & COMMERCIAL

Nelson Evening Mail, Volume XLIII, Issue XLIII, 9 March 1909, Page 1

MONETARY & COMMERCIAL

/faEss Association. — Coexbxoex.l THE LONDON MARKETS. 1 (Received March' 8, "8.10 ajn.) LONDON, Sunday. Copper on spot is at £56 10s, and at thieo months £57 ss ; electroljiit' £58. Tin on spot is at £130 ss, and Vat three ! months £131 15s. Lead £13 g£B«.\An- [ timony £7 15s and £8. Tin, plates 12» 1 j4d and 13s 4d. Angle steel £5 and £7. 1 Copra has bettor demand. South Sea ; ' £17 7s 6d. Hemp is quiot. AprU-Juno j shi^meut £23 10s. Kauri stocks are 458 cases. 1 iln wheat, a cargo of Australian cold j at 40s. | Babbits are easier, largo Australians retailing at 17s to 18s, and small sorts j 15a to 16s. , \ j Sheep : Canterbury are unchanged ; Southland 3{; North Island 3dj 'l>est ! - brands' 3id; lambs, Canterbury light sid ; medium 5 3-16 d; heavy 4Jd 5 ' Southland unquoted; North Island ' 4i 13-16 d; beef Is unchanged ; Australian sheep, heavy 2 7-16 d; light2W6a; '- limbs, best brands 4dj [fair quality 3Jd; ' inferior qnality 3jd ; beef, fores 2id ; ■j. hinds unchanged; River Plate sheep, hfeavy 2 1116 d; light 2|d ; loinbs 3jd ; beef fores 24d ; hinds unchanged. " " j Shares : Waihi, buyers £8 16s 3d ; sellers £3 18s 9d. r|[IOH COMMISSIONER'S REPORT. I WELLINGTON, Monday. I The High -Commissioner'e cable dateu London, March 6th, says :— - I The mutton market is weak. Stocks oh hand are heavy and widely . difitnbujbed amongst- the agents,- who toe fashing sales. Large shipments are coming forward and the prospects are liifavourablo, as buyers are not racEneH to make forward purchases at presbnt prices. Following art current qaotatonos: Can^cdbury, 3jd; «ortu Island, 3d ; River Plate, 2|d ; Australan. Z{A. The lamb lamb market is weak and the stock is heavy and dull df sale for all brands. Current qquotatons are:.. .Canterbury 5Jd; A other than Canterbury 41d; Australian' 4dThe beef market is steady, with better Remand; hindquarter*. 2Jd; forequarters, 3id. The butter market is quiet, yet steady, with increasing demand for better grades, but less for second class quality. Choicest New Zealand, 106s; Danish, 115s; Australian, 103e; Argentine, 105s;. and Siberian; 102s-. The cheese market is '.firm, with improved demand for coloured makes, of which tlis demand exceeds- the supply. Coloured is quoted '. at Ms, and whit* at 60s per cwt. ' The mep market is quiet, with small business. Holders are more, • willing to sell Current quotation^" are' as follows:— On spot: Good fair- grade, £23 10s; fair grade, £22; fair' current Manilla, £23. April-June i shipments : Good fair grade, £25 Ssx-Tair Pie, £21 ss; fair current^Minila, ss. The stock in London 7 is 2M tons. Last, week's Manila ;"»utrtit was up to 25,000 tons. .-J f *T.. ' There is no alteration in tbo cocks foot seed market since last week. -;" Tho wool market is firm, wiQi.inojt iaquirv, especially for fino quality.