FINANCE AND TRADE.

New Zealand Times, Volume XXX, Issue 6494, 14 April 1908, Page 4

FINANCE AND TRADE.

LONDON MAR KiJTS. HIGH COMMISSIONER'S CABLE.' IMPROVEMENT IN THE HEMP MARKET. Tho Department of Industries and Comrnerco has received the foJ lowing cable from the High f’ommis.-doner, dated London, April 11th, 1004; Tho mutton market is quiet. and holders am firm. Arrivals from all parts since January Ist show a decrease of /tfO.OOO carcases over the com spending period of last year. Small shipments arc expected. Light weight,-. an; ox homely scarce, anti a brisk demand prevails. The follow in" arc the current q notations: •—Canterbury mutton Ed. Norlh Island 4 id. Diver Hate .1:1 d per !b. There is a dull sale for heavy carca.-'cs of mutton, which are quoted as Inflows: —('anterbury .’Ed, North island .'Ed, Kiver Elate W pur lb. The lamb market is firm. Stocks on hand are light. but I he supply meets the demand. Heavy weights can obtain a small premium. Canterbury brands are quoted at and oilier than Canterbury at !>ijd |xu' ib. The beef market is firm, and slocks of Now Zealand brands on hand are light. Supplies of Diver I‘lale beef are heavy, and then- is a moderate demand, which is purely speculative. Hindquarters are quoted at and lorequarters at Hid per lb. The butter market is steady, best quality being scarce and in good demand. Ciioieest New Zealand butter is quoted at Ills, Australian 107 s, Argentine 107 s. Danish I0!Js. Siberian MHV per cwt. Tin* chee,se market; is quiet, with a tendency in favour of buyers. White makes are quoted at 00s. and coloured, of which there is u small supply, at Oils t *The honip market is rising, and there is a better demand, Good fair grade is quoted at .£2(» 10s. fair grade at ,l;2a 10s. in all positions. The cocksfoot market is quiet, and buyers are not keen to do business. Bright clean 171 b seer! is quoted at 80s Tho wool market is depressed ami weaker, with a downward tendency. The following arc the current quotalions for Bradford tops M’s low crossbreds Bid, 40 V low crossbreds J)d. 44V medium crossbreds lid, fjOV haU'breds Is 4d, - r jOV quarterbredfl Is Bd, (JO’s merinos Is lid.

PRESS ASSOCIATION ADVICES. LONDON. April 12. Sheep—Brat North Island, lei; rest unaltered. Lamb —Canterbury, light anil medium, s|d; North Island, 5Jd. Kivor Plato sheep—Light, heavy, Sid. TUvor Plato Boof—Fores, 3£d; hinds, 3ld. River Plato is at the same price. Rabbits—Firm. All arrivals were quioldy cleared. , . At tho rabbihskin auction 1822 bales offered and 1505 sold. Prices wore unchanged except for a fow winter incoming skins, which were a halfpenny dearOorpra—Fhir inquiry. South Sea is offering in London at .Cls 156; buyers offer .fill 12a 6d. Ooppcir —On spot, .£57 12s Od; three months, J2l>B 2s C»d; electrolytic, .£sll if)s. Tin—On spot, jBIW ss; three months, dCI42 10s. Antimony, JX) 10s to £lO. Lead imports. 20,9132 tone; Australian, 5000; oxportn, &150.

Tho Customs revenue received at Wellington yesterday totalled £2-177. WELLINGTON STOCK EXCHANGE. TESTEBDAT’S QUOTATIONS. WaAhls changed hands yesterday at £9 Ba. Business in other shares was restricted, There are sellers of Talismans at £2 13s and Tairua Broken Hills at £3 10s. Quotations— Wellington and Manavratu Bail £2 Bs, Wellington Meat Export £3 5a 3d. 1 Christchurch Meat £lO, Wellington Gas £l9 IPs, Hokitika Gas £6, Christchurch Gag £lO 2s 6d. Wellington Trust Loan £7 lls. Burma. Sellers. Sales. £ e. d. £ s. d. £ s. d.

BANKS— National of NJ3. Ltd. 5 7 6 _ _ Financial— Equitable Build* tng Oo., Ltd. ... — 10 2 6 N.Z. Loan and Mercantile ... — 0 5 1 _ Wellington Trust loan, Ltd. ... 7 9 0 7 11 0 Gas— Christchurch, £5 — 10 2 6 _ Hokitika ...5 0 0 6 0 0 Wellington, £10 — 19 10 0 — Ins abanas— Standard of N.Z. — 1 2 0 _ MiAT PltESB3tYD70— Ohrlatch’oh Moat Oo. - 10 7 6 Goar Meat Co., Ltd., £4 ... ... 9 15 0 10 0 0 _ Gear Moot Oo., Ltd., £1 2 9 6 2 10 3 - Wellington Meat Export. £2 12s 6d — 3 5 3 _ Railways and Shipping— Wstn-Manavratu Kail (or.) ... 2 6 6 2 8 0 Miscellaneous--Leylond O’Brien Timber (ex.) ... — 2 3 0 2$.Z. Portland Cement 112 6 1 13 6 — Taranaki Pctro* hram, £1 pdL ... 0 7 0 _ .Ward and Co., Ltd. 4 15 ■0 4-17 6 _ Mnmw— Ttdrraa Broken Hills -.0 3 6 0 3 10 Talisman Consolidated (cam.) ... — 213 0 Waihi O.M. Company — ... 9- T 0 9 9 0 9 8 0 5Big Kivor (ox.)— — 0 18 6 —