COMMERCIAL

Star (Christchurch), Issue 9116, 23 December 1907, Page 3

COMMERCIAL

United Press Association — By Electric Telegraph — Copyright. (Received December 23, 7.15 a.m.) LONDON, December 22. Copper— On spot, £59 15s per ton; three months', £61 per ton. Tin.— On spot, £121 2s 6d per ton; three months', £123 5s per ton. Silver. — 2s OJd per ounce. Antimony. — £8 10s to £9 per ton. Copra. — The market is depressed. South Sea is nominally at £18 7s 6d per ton. The wheat and flour afloat for the United Kingdom is 2,335,000 quarters, for the Continent 1,105,000 quarters. Atlantic shipments amount to 435,000 quarters, and t Tacific shipments to 183,000 quarters. The wool arrivals for the January sales are expected to reach 200,000 bales. There was some agitation for limiting offerings, but the Importers' Committee at a special meeting decided to adhere to the original decision to fix no limit. • New Zealand hemp is dull of sale. A February- April shipment has been sold at £27 10s per ton. . Rabbits.— The market is dull and unchanged. Hares.— There is a fair trade; a few fetched 2s 3d. ' - Frozen mutton. — Prices are unchanged. Lamb. — Canterbury light, sfd; medium, 5Jd; heavy, sd. Beef.— Beef is unchanged. River Plate Sheep.— Heavy, 3d ; light, 3£d.

TTTttTT mMMrKRTfYNTTCTt/S REPORT.

[Pbb Press Association.] WELLINGTON, December 23. The High Commissioner's cable message, dated London, December 21, is as follows: — The mutton market is very Sull owing to a poor demand, and the tendency of tte market seems to be to decline. The following are the current quotations : — Canterbury mutton S2d, North Island 3£d, Australian 2|d, River Plate 3d. The supply of New Zealand lamb is practically exhausted. Australian is in large supply. Sales are difficult to effect at an average of 44d, The beef market is quiet, supplies of River Plate chilled beef being plentiful and very cheap. Quotations: —New Zealand hindquarters 3fd, forequarters 2£d. The butter maTket is very firm 1 . An active demand continues for Christmas, but lower prices are anticipated afterwards. The quality of New Zealand butter is giving satisfaction to buyers. Choicest New Zealand butter is quoted at 120s, Australian. 117s, Argentine 117s, Danish 1245, Siberian Ills, saltless butter 2s less. The cheese market is firm, apd there is a good demand. "White manufacture is quoted at 60s 6d and coloured at 61s 8i . The hemp market is dull and unset>tled, .having been unfavourably affected by the low price of sisal, which has fallen to £22 10s per ton for good quality. Quotations: — Good fair grade, on spot, £28; fair, £27; JanuaryMarch shipments, good fair grade, £27 10s j fair, £26 10s. Prices are, however, irregular. The cocksfoot market is quiet and little- is doing, but a good feeling prevails. Prices are firm at 755. The following are the current quotations for Bradford tops : — Thirty-sixes, low cross-brede, Is Id; forties, low cross-breds, Is lsd ; forty-fours, medium cross-bredis, Is 2}d ; fifties, halfbreds, Is 7d; fifty-sixes, quaTter-bTeds, Is lOd; sixties, merinoes, 2s 2d. The market was quiet at the close.