COMMERCIAL

Timaru Herald, Volume XIIIC, Issue 13729, 20 October 1908, Page 5

COMMERCIAL

THE LONDON MARKETS. Hress Association-Bv To;egraph-Copyright LONDON. Oct. 18. Copper, on spot. £59 lis 3d per ton; three months. £6O Ss 9d. Tin. three months, £135 15s per ton. Lead, £l3 6s 3d per ton. AntJuiony, £9 ]>?r ton. Copra is quiet ; South Sea shipments in bags £l7 10s per ton. Hemp is quiet- and unchanged in price. Fourteen thousand quarters of Australian December-January shipment of wheat and 8500 quartets of JanuaryFebruary shipment sold at 35ii 6d, and ;6CO tour, of January-February steamer shipment at 35s IOJd.

There it; an' animated sale and keen competition at the wool sales at- fully late Safe's. 'Merincts cßpeciaih*' tire wanted. To dale 217,943 bttles: have.been offered, and 190,570 sold. Tua following were tli€- average prices realised for the fleece portions of the clips named :—Mengatoro, 7£d ; Annedale, 7gd; Morri. %&. Rabbits are very firm ; large New Zealanta> are retailing at 17s"6d per crate: Sydueys. at 17r>: Melbournce. 17s: young Sydiieys. 14s 6d l£r.: yolini; Melbournes. 14s 6d to 15.s 6d. Mutton.—Canterbury light, 4Jd: medium, 4 l-16th; lioavy, 3|d; Southland, none offering ; North Island. 3Jd ; best brandi?, 3Jd. Lamb.—Canterbury, light, s|d; medium, 5 7-16 d, heavy. 4 13-16 d: Southland. sgd: North Island. 5 5-16 d. Ikef.—Foreqmivteir,, . 3Jd. River Plate mutton, heavy, 3Jd: beef, foiequarien-:. hindquarters'. 3jJ. Shares.—W'aihi. buyers. £8 16s 3d: sellers, £8 1&-; 9d. Silv<-r hi lljd per oz. HIGH COMMISSIONERS REPORT. The High Commissioner's cable message tlat*-d London. October 17th, is us follows: : Mutton -'Hie market is quiet, but steady, ami there is a better demand. Tlit- Supply of Canterbury mutton, which is quoted at. 4d. is increasing. North Island brands aie quoted at, 3id. Lamb. The market is very firm. Tlwre is ;i good demand for Iv-st.' quality. bttf\ only a Mnall demand for second-class quality. Cant-t bury lamb »-. quoted at ft.fl, brand.-, oth-.r ihan aCnterburv 5.1 d. j Reef.--Th- market, i-i dull, and holders i ar- linn. Hindquarters arv- quoted at j 3£d. and foiequ.iiteis at, 3>ld. Mutter. The market, is linn with an j improved demand. The following are i current quotations: Danish ,1255: this[season's Australian. 120-: Canadian, j 115s; and Siberian 11(N per em. i Cite-1.-. 'lhe maiket is quirt, with the ; ieiideiiiy in fvaour of I.uvit.s. Cauaduii j makes are quoted at 61s per nit i Heanp. The market is .lull, and poor ; busine-s iias bc>-u done. Current, quoi.-i----i li.-ns are a.s follows: Good fair »r.u!e '■ on spot. £26 p.-r ton: fair grade oil I spot. £23: fair ciincti! Manila, ]on .spot. ££3 !C pr ton: Oet-.1.-r- ---! shipments. ooo.i fair giad-i. ' £26 l:,s ton; fair ! fair eurr-nf- Manila. £23 10s )*■!• ton: : las; week's oiiuput from Maiiiki amounted I to 25.0.0 bales. | Wool. Th- market i ■ tinner, specially : for lin-.t i;ra<les.