COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 110, 30 October 1911, Page 3

COMMERCIAL

LOXDOX MARKETS. - By Cable—Press Association—Copyright London. October 27. Copper—On the spot. £."> 13s !)d; three months, ,£36 10s; electrolytic £57 15s. Tin.—On the spot, £IOO ss; at three months, £IOO. Lead, .£].> 12s Cd. Spelter, £2O ss. Sugar.—Gerpian, 17s Id; first marks, 20s 3d. Bradford Wool.—More cheerful and slightly more 'business. Future prices: r>o's. 20d: 4fi's, 13VL,d; 40"s, 12'/.d.

Itutti-r.—J>iill. Danisli. 138s: Australian steady, choicest suited, 12Ss to 130s. nnsalted 130s. Choose.—Slow.

Sheepskins.—Five thousand three hundred and ten Australian and 3147 New Zealand offered. There was a moderate attendance and fairly numerous withdrawals. All merinos, oros-djreds and clothings declined a halfpenny: crossbred combings a halfpenny to three farthings lower. Wheat.—Markets very quiet but steady. American firmer after adverse Russian crop reports, with a bullish tone after Australian crop estimates. An Australian cargo sold at 3(is, a South Australian sailer's duly shipment 375. August 37s 3d, ji September steamer 375. off eoast 3(!s fld; a Xew South Wales sailer's .January shipment 37s 3d; Australian, three ports. January-Feb-ruary. 36s fld; parcels South Australian and Victorian afloat, 3(is. October-No-vember iKfs 3d. Flour.—Steadilv held.

Oats.—Weak, but closed steadier. La Plata January-April shipments. 10s 4 1 /»<1. The War Office is calling urgent tenders, closing November S. for 450,000 12-ouncc tins of meat and 7-1.000 24ounce; also, closing January 17. 730.000 12-ouncc and 1-2,5.000 24-oitnce tins. There are some comments on the urgency of the first contract. It is presumed that the War Office is hastily filling .stores. Silver, 2s Id.

Kauri Gum.—Three hundred and sixteen cases offered, 33 sold. Dark brown medium bold scraped, 162s 6d. LONDON PRODUCE RKPORT. Messrs F.. Griffiths and Co. are in receipt of the following market report from their London principals. Messrs Mills and Sparrow, dated London. Septem 22: The weather has been rather showery during the week, and nights and mornings are getting cold. Danish: The quotation has been raised 2 kroner. Jt was generally expected that the increase would have, been greater, but probably this will come next week. Siberian: Arrivals continue on about the same scale, and thi* week's met with a good demand at an advance of about 2s per cwt. on all grades. French: Imports of this butter are now very small indeed, and there is every prospect of their still further decreasing.

Irish: A railway strike has developed in Ireland during the week, and this has put everything at a standstill, the creameries being unable to get the butter forward. One would naturally think that (his state of affairs cannot' last very long, hut while it does it makes things verv awkward.

AiMraliaii: There have been quite a few steamers in this week, but the total quantity they have brought has not amounted to very mueh. We have had the Somerset. "Moravian. YVakool. Tropic and Orvicto. There were a few new season's butters amongst 'them, and these have sold well; in fact, everything, whether stored, winter-made or new season's, has easily cleared. Supplies to this market are exceedingly short, and although prices are now on a fairly high level, there is every prospect of their going still higher. Xew Zealand: Everything is cleared on the spot. We are to-day advised of the liuapebu leaving Wellington with lfiO tons on board.

Cheese.—Trade has been good at the advance, and last week's prices are well maintained, and higher rates are being asked to arrive.