LONDON MARKETS.

Taranaki Herald, Volume LIV, Issue 13732, 22 August 1908, Page 7

LONDON MARKETS.

LONDON, August 21. Butter — The market is dull. Danish 119s to 121s. WeddeFs Annual Reviewrefers to the remarkable improvement in Queensland butter, which is attributed largely to the strictness of grading. The Review advocates compulsory grading and the stamping of the number of the grade on boxes. The paper considers it probable that the average values of butter and cheese for the coming season will be somewhat lower than last season. Wheat — Markets inanimate, with a weak tendency. There is a general indisposition to speculate. Cargoes aro difficult to move. -Prices unchanged. Flour — Market dull. Australian patents are offering at Glasgow at £27. The American visible supply of wheat and flour is 26,000,961 bushels. Copper — On the spot £60 2s 6d, three months £60 17s 6d. Electrolytic copper £62 10s. Tin— On, the spot £132 17s 6d, three months £133 12s 6d. Lead, £13 8s 9d. Iron, 51s 9d. Svgar — German 9s lid, first marks 11s lOd. Wool— On the Bradford wool market there is moderate inquiry. Business is small. Common sixties* 22£ d, super 23$ d.