COMMERCIAL.

Timaru Herald, Volume XIC, Issue 13434, 5 November 1907, Page 6

COMMERCIAL.

THE LONDON MARKETS., Press Association-By Telegraph-Copyright LONDON, November 5Copper, on spot, £67 per ton; _three months £65; the supplies total 32,650 tons; the deliveries for the week amounted to 32,060.t0rn; the stock consists ori4* 728 tons, and there are 4650 tons afloat-. Tin, on spot, £146 15s; m ° nt c hs £l4B The stock amounts to 11,otA tons, on spot, 3339 tons; afloat 4485 tons; deliveries for the week, 2954 tons. Suv<r, 2a 3|d per oz; pig iron, 5Cs 2d per ton; lead, £lB 7s 6d per ton; antimony, per ton; Wolfram, £4l per ton; galvan£ed iron, best brands, £ls 15s per ton; secondary, £ls 10s; tin plates, I.C. coke, 14s; I.C. charcoal 15s; angle steel, £6 * 17s 6d per ton. _ o 0 Shares.—Waihi, " buyers, £8 Zs otl; sellers, £8 5s 2d. Copra is hardening, and the higher prices are limiting business; South Sea, £2O 2a 6d.. , , New Zealand hemp is firmer; OctoberDecember shipments, £27 15s per ton. Linseed oil, £27. The stock of tallow consists of 15,614 casks; imports for the week, 4988 casks; . deliveries 9663 casks. v. Babbits are firm, and there is a strong , demand, especially for young onts. The Frozen Meat Trade Associa- ' iion's Smithfield market quotations are as follows Canterbury and South Island mutton is . unchanged. North Island, 3Jd for the best brands, 3|d for other sorts. Quotations for lamb are unchanged. New Zealand beef, ox forequarters, 180 to 2201bs are unchanged; ox hinaquaTteis,lßo to 2201b5, 3jd. Kiver plate sheep, heavy, unchanged; hindquarters, 3 5-16 d. Fencing wire, £6' 17s 6d. Hides are neglected, and the bulk of the offerings -were withdrawn. Nominal prices are—Queensland heavy ox,. s|d; Sydney heavy ox, sjd; light and cow hides, s{d. THE WOOL MARKET. SYDNEY. Nov. 4. Wool is slightly easier, but the tendency is without quotable change for good sorts but decidedlv easier for inferior. TAINTED BUTTER-BOXES. Tlie "Telegraph" says that for the first time for many years trouble has been recently experienced in the use of t.tinted butter boxes made of New Zealand white pine. How "they got into use has not been ascertained; the indications are either the carelessness of the bnsmaker or that the supply of first-ilass pine is running out. The timber develops a strong smoky scent which permeases and ruins the flavour of the butter. Some is 1 so affected as to .be ' unsaleable even for pastry purposes. The difficulty is ggravated in cases where factories obtain boxes from Sydney in "nests.' I'ycked ' in this way the timber sweats, and the objectionable taint is intensified. HIGH COMMISSIONER'S REPORT. Tiie High Commissioner's cable message dated" London, November 2nd, is as follows: — . t Mutton.—The market w quiet. t Canterbury light weights. 3|d, Noith Islana 3Jd; heavy weighs, Canteibury 3 5 d, North Island 2gd. - , ... Lamb.—The market is steady with a ■verv good demand; Canterbury aid other brands than Canterbury s&d. Beef. —The market is quiet. New Zealand hindquarters 3£d forequarters 2£d. Supplied of Rirer plate mutton are teavy. but the market is firm. Butter.—Owing to the reduced supplies, high prices ruling rEstrict business, and encourage the sale of substitutes. This season's New Zealand manufacture, 1235; Danish 1295; Siberian 113s; Argentine 12Cs. Cheese.—The market is quiet but steady; Canadian coloured makes 635, white 625. Hemp.—The market is somewhat steadier. but the demand is principally speculative: good fair grade on spot £29 per ton; fair £27 10s; fair current manila, * £29; January-March shipments, good fair grade £27 10s; fair £26 lCs; fair current- manila £29. The following are current quotation? for kauri gum:—Ordinary to fair three quarter scraped. 17Cs; fair half scraped, 105s; brown fair half to three quarter scraped. 90s: brown pickings, enmnvm to good 50s; bwh. fair to good, pale and amber scraped. 1355. Wool.—Bradford tops ar? quoted as fotioweThirty-sixes, low crossbredo. Is 3£dr forties, low crossbretLs. Is; crossbreds is 4d; forty-fours, medium. crossbred* Is sd; fifties, half-bred Is 10£dd; fifty-sixes, quarterbreds 2,; Id: sixties, merinos .2s