THE MONEY MARKET.
The market rate of discount for beat three months' bills is 4] against •1 11-10 per rent. COLONIAL AND OTHER PRODUCE. Wheat —Tho markets are firm. The Russian Government is purchasing at Homo and abroad for tho famine districts. Cargoes arc quieter nnd firmly held; South Australian January 30s n<l to 31s, New South Wales 30s fid to 30s Ud. South Austnilian. on epot, nominally 325. The American visible supply is 78,710.000 bushels. Kioiir is hardening. Patents —London 21s Orl to 2i!,,. Glasgow '2,h. The prices asked for shipments arc prohibitive. Sugar—German 8s 10d, first marks 10s 7d. Bradford tops nve firm. Crossbreds are dull and merinos nro hardening; common sixties 25Jd, superior 26id. forty-sixes 17] d. Hutter is dull-. Danish 112s to Ills, choicest New Zenlnnd 100s tolOls. Australian 06s to DSs. sreondary B<ss to 925. METALS. Copper, on spot £lOS, three months 'J10;>. Tin. on spot £101 us per ton, months i'loo .",s per ton. Lrad £V.) 12s (id. Iron sos 10d. Silver 31 10-lGd per oz. Tho National Mortgage and Agency Company havo received cable advice from* their London office, under dnt*? February 14th, stating that tho prospects for wool arc favourable
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Press, Volume LXIII, Issue 12731, 18 February 1907, Page 9
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198THE MONEY MARKET. Press, Volume LXIII, Issue 12731, 18 February 1907, Page 9
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