COMMERCIAL.

Star (Christchurch), Issue 9675, 18 October 1909, Page 3

COMMERCIAL.

United Prcßß Association— By Electrio Telegraph— Copyright. LONDON, October 17. Oopra. — There is a good demand for copra, with a fair business in South Sea in bulk and bags at £30 12s 6d per ton. Cotton.— American cotton is quoted at Liverpool, October-November ship- ! ment, 7,151. Wheat. — 11,500 quarters Australian December-January shipment sold at 38s 7idCopper.— Electrolytic, £59 7s 6d per ton. . Tin.— On spot, £139 2s 6d per ton; three months', £140 12s 6d per ton. Hares and Rabbits.— The market for rabbits is firm ; large Sydney, 16s 6d to 17s ; Melbourne, 15s 6d to 16s ex store. Hares are rather easier, at 2s 9d to 3s. Rabbitskins.— At the sales 2970 bundles were offered, and all were sold. Well-furred advanced ljd to 2d; kittens and light sorts, id. Shares.— Waihi, buyers £9 11s 3d, sellers £9 13s 9d.

HIGH COMMISSIONER'S REPORT. [Pkb Pkkss Association.] WELLINGTON, October 18. The Department of Industries and Commerce has received th© following cable message from the Hich Commissioner dated London, October 16:— Frozen Meat. — Mutton— The market is firm, with, a large speculative demand, and prices have advanced on acI count of the small shipments expected, and stocks /being reduced. . The market is temporarily excited, and holders are firm ; Canterbury, 4§d ; North Island, 4id. Lamb— Similar remarks apply to ■the lamb market; Canterbury, 4Jd; North Island, 4}d. Beef— The markeris weak, as supnlies of River Plate are heavy; New Zealand hindquarters, 3jd ; forequarters, 2|d. Butter — The market is quiet, but firm for best quality only; Australian, this season's, 116s;* choicest New Zealand, 118s; Danish, 1325; Siberian, 107s. Cheese,—- The market is steady, with the demand moderate; New Zealand (small suppM, 575. Hemp. — The market is steady, and prices are unchanged ; New Zealand, good fair on spot, £27 lss per ton; fair nrade on spot, £26 16s; fair current Manila on spot, £26 155; October-Decem-ber shipments: New Zealand, good fair grade, £27 10s ; fair grade, £26 10s ; fair current Manila, £25 10s. The Manila output for the week was 32,000 baleß. It is reportedHhat the American market is firm, with more inquiry for Manila. i Wool. — The market is quiet, but I firm. The following is a copy of a cablegram received by Messrs Dalsrety and Co. .from London, dated October 15: ■" There, is a strong market for rabbitskins; 2975 bales were offered, and practically all were sold." • Mr J. O. Jameson, aharebroker, quotes to-day's prices as follow: — Talisman, 61s 3d; Waihi Gold, £9 16s; Waihi Consolidated, 5s Id ; Waihi ■ Grand Junction, 495 ; Waihi Extended, 5s Id': Kothata Reef, 7d; Waiotahi, 4s 9d ; Watchman, 2s l}d ; May Queen, 4s 8d; New Sylvia, ,4s 8d; Rosa Goldfields, 10a; Consolidated Goldfields, 19s 9d; Blackwater Mine, 265; Progress, 12s 6d-, Westport Coal, £6 4s ; Stockton, 6s 9d; National Bank, £5 19s; Bank of New Zealand, £9 ss; Ashburton Gas, £6; Crown Brewery Co., 28s 6d ; Ward and Co.. 87s 6d ; Manning and Co., 755 : Mason, Struthers, 21s; Booth, Macdonald and Co., &3s 6d; Whitcombe and Tombs, 97s 6d ; Union Steam, 33s 9d ; New Zealand Shipping Company, :. £7 2s 6d; Christchurch Meat, £10 12a 6d ; Canterbury Frozen Meat, £6 10s ; Sharland and Co., 21s/ New Zealand River Plate, 355; New Zealand Farmers', £2 ss ; New Zealand Loan and Mercantile, 3s.