COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 14926, 26 February 1912, Page 5

COMMERCIAL.

|§ THE LONDON MARKETS. Telegraph— Press Association—Copytltfi* - '■';' (Beceired February 25. 5.5 p.m.) London, February 24. :; ;V,- COPPER. i-web: On spot. £65 133. 9d ; three onths, £64 Bs-9d ; electrolytic, £65 15s. 10 " ' TIN. Tin: On spot, £195; three months, £191 ik 10s. LEAD. ■; ad: £15 15s. silver. Saver: 26 15-16*. PEA. ■ Copra .: Dull, South Sea (in bags), £24 6s. COTTON". Cotton: February-March shipments, 5.67 Ad. JUTE. Jute: February-March shipments, £23. HEMP. Hemp is inactive, February-April, shipments, £21 10s. RUDDER. Rubber, 4s 7id. The New Zealand Loan and Mercantile Aeency Company. Limited, has received the following cablegram from its London bouse, under date 21st inst:— Wheat: Sold a handy Australian cargo »t 37s lo£d c.i.f. The market is firm, there is a"fair demand, and tho outlook is encouragingBUTTER -VXD EGGS. The wholesale quotations for butter and mi for tho week ending March 2 are is fXws:— Bntter, factory Is Oid per lb, Winers' Ed per lb; eg*?*, ls 2d per dozen. SALES OF PROPERTY. The "ale of the High View Estate, Northcote, conducted by Wcnxl Scholium, auctioneer, oa Saturday afternoon, proved moil successful. The following lots were Sid—Lot 4, with 60ft frontage. £3 per loot: lot 10. 60ft frontage. £2 10s per foot; i«» 15. 50ft frontage. £o 178 6d; lot 17. m frontage, £2 1& 6d; lot 18. 60ft frontS £2 3?: lot 19. 54ft frontage £2, 10s; bill Mft frontage. £2 6s; lot 22. 54ft frontIS* £2 6s: lot 23. 54ft frontage, .£2 8s; ■ ; 'totM. 64ft frontage. £3. Lot 3 received an option until noon to-day at £425. Lota 24 and 55 were withdrawn at £t>2o and £690 resnectivelv. and the remainder of the sections nearly reached the reserve prices in almost every case.