COMMERCIAL & FINANCIAL

Evening Post, Volume XC, Issue XC, 7 October 1915, Page 6

COMMERCIAL & FINANCIAL

m (By Telegraph.— Press Association.— Copyright.) (Received October 7, 10 a.m.) TALLOW. LONDON. 6th October. At the tallow sales 1746 casks were offered and 1687 sold. Prices : Mutton, fine, 38s 9d ; medium, 365. Beef, fine, 38s 3d ; medium, 35s 6d. ARGENTINE MEAT. LONDON sth October. Argentine meat "shipments — Mutton, 98,000 carcases ; lamb, 5000 carcases ; frozen beef, 293,000 quarters; chilled beef, 97,000 quarters. WHEAT. LONDON sth October. The American visible supply of wheat is estimated at 40,275,000 bushels. Chicago December options, 981 cents to 100J cents; May options, 982 cents to 104 cents. WOOL SALES. SYDNEY, 6th October. At the wool sales there was strong com-, petition and merinos were very firm. There was an improved demand for crossbreds, which well maintained their recent improved values. Greasy merinos made the record price of 18jd. (Received October 7,- 11 a.m.) , - METALS. LONDON, 6th October. Copper— On the spot, £71 to £71 ss; thr&e months, £72 to £72 ss. Tin— On the spot, £151 10s to £152; three months, £152 15s to £153 sa. Lead — Soft foreign, spot, £24; forward, £22 15s. Silver — 23|-d per ounce standard. LONDON WOOL SALES. The Bank of New Zealand has received the following cable advice from its London office dated the 2nd inst. : — "The wool sales closed firm at the decline. 29,000 bales New Zealand are held over. Prices for good merinos are unchanged. Inferior merinos are 10 per cent, cheaper. Superior crossbreds are 5 per cent, dearer, and ordinary crossbreds are unchanged. Inferior crossbreds are 5 per cent cheaper, also lambs 10 per cent. Slips and fine scoured wools are 5 to 7g per cent., and all other scoureds are 10 to 15 per cent, cheaper. Current prices for farmers' lots in average condition are as follows: — Coarse crossbreds, 14d to 15d per lb; medium cro.=sbreds, 15d to 16d per lb; fine crossbreds, 16ad to 17^d per Jb; halfbreds, 17d to 17id per lb ; inferior merino, lid to 12d per lb; superior merino, 16d to 17d per lb. Crossbred sheepskins are par to 5 per cent, cheaper. Merino skins practically unchanged."