COMMERCIAL

Timaru Herald, Volume XIIC, Issue 13680, 24 August 1908, Page 5

COMMERCIAL

THE LONDON 1 MARKETS

Fjresa Aissociation-Bv Talegraph-CopyxighA LONDON, August 21. Butter is. dull;. .Danish, ■: USi to 121s. Weddel's annual review refers to the. remarkable improvement in Quensland -butter, wliieh is attributed largely to b'tricthess in grading. It advocates compulsory grading, and stamping the number of the grade on the boxos. It considers it probable that the average -values, of butter and' cheese during the,coming seitison will be somewhat lower than last. ■ The wheat markets are inanimate with i weak tendency, and a, general indisposition to speculate. Cargoes, which are difficult to move, are unchanged in price.

Flour iis dull; Australian patents are offering in Glasgow at £27.

: - The American visible supply of wheat and Hour amounts to 26,000,761 bushels. Copper, on spot, £6O 2s 6d per ton; three inontbis, £6O 17s 6d; electrolytic, £62 10s. Tin, on spot, £132 17ii 6d per ton; three months, £133 12s 6d. Lead, £l3 Bs'per ton. Pig-iron, 51s 9d per ton. Sugar, German, 9s lid per. cwt; first marks, lis 10d.1 There is a moderate inquiry on the Bradford wool market, and busings is small; common sixties, 22^d'; super, 23* d.

The Canterbury Farmers' Co-operative Association, Ltd., ure in. receipt of the following cable from their London office under -date August 22nd:—Lamb, prime Canterbury, light 5 9-16 d per lb." medium s|d, heavy sd. The market for prime .Canterbury mutton is dull.