COMMERCIAL.

North Otago Times, 4 August 1903, Page 2

COMMERCIAL.

By Electric Telcgrapb.-Oopyright,

(Per Press Association.)

Received August 3, at 7.29 a.m. London, August 2. Copper-Spot, £57 10s; threo months, £55 K>>s Gd, Lead-£llO 18s 9d,

Linseed Oil, 22. J. At the periodical sales of hides there was a small supply forward, and few were sold. Prices were slightly in buyers' favor. The Trade Association's Smillificld market quotation for the under-men-tioned classes of frozen meat are based on actual sales of not less than 100 carcases of mutton or lamb or 25 carcases of beef oi fair average (juality. These quotations are not for selected lines, but for parcels fpir ly lopresentative of the shipments how on tho market. New Zealand sheep-Crossbred wethers and maiden ewes, Canterbury light (481b to sGlb) 4 3-lGd ;. Canterbury medium (5G ■ to 011b) 4Jd ; Canterbury heavy (641b to 72tb), 4d; Dunedin and Southland (561b to 641b')., 4 1-lGcl. Lamb and beei are unchanged.. EKver Plato sheep, heavy and light, 3.15-] Gd ; boef, unchanged. Tallow-Stock, 17,01-0 casks ; im-' ports, 9404 casks•; deliveries, 5803 cask*;

Received August 3, at 10.28 a.m. .London, August 2. Tin-Spot, £l2? 15s; three months £li'2'l 10s; stock, 18,108 tons; spot, •131* tons; afloat, 5299 tons; deliveries, 1884 tons.

The tin market is excited owjng to the Dutch Government announcing that the sale of Banca tin next year will he reduced by 3GOO tons. A scarcity .of frozen lamb from La iata lias induced importers of Lh /lata meat at Cardiff to purchase a cargo oi meat by tho Rahgatiiu. The meat, which has not been unloaded, was sold cheaply t 0 retailers on tho condition that they also purchased La Plata meat..