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Timaru Herald, Volume CII, Issue 15633, 16 April 1915, Page 7

COMMERCIAL

LONDON MARKETS. Press Association —By Tel. —Copyright. LONDON, April 14. At the sales of tallow 1336 casks were offered and 910 sold. Mutton, fine, 42s Gd, medium, 37s 6d; beef, fine, 42s Gd, medium 375. THE INDIAN WHEAT CROPS. DELHI, April 14. The Government's special forecast of the total harvest yield for April-May is 10,250,000 tons against 5,250,000 tons last year. Tho homo authorities consider that the yield is under-estimated and hopes that 2,000,000 tons will he available for export under Government control. Where the new crops arc coming the market prices show a distinct tending to fall. BOOM IN STOCKS. IN UNITED STATES. LONDON, April 15. The "Daily Telegraph's" New York correspondent says of tho sensational stock boom that the outside public are apparently gaining control of the market, causing rises unprecedented for many years, regardless of values. Tho sales average a million shares a. day. The public action is due to a. belief that many concerns are benefiting by war orders. An example is that Bethlehem steel, selling at 30 in February is now at 155. The movement is aggravated by extremely heavy foreign soiling by Americans.