COMMERCIAL.

Feilding Star, Volume I, Issue 270, 20 May 1907, Page 2

COMMERCIAL.

fBT BLBCTRIG TELEGRAPH — COPYRIGHT.] [PER PRESS ASSOCIATION.] (Received May 20th, 7.34 a.m.) London, May. 18. Tin, three months, 186} ; lead. 23|: hemp, Hat, 10s lower: linseed oil, 27|. Wheat. — The market is very firm, in view of the increasing probability of short crops both in Europe and America. Some estimates place the American and Canadian crops at 25 million quarters below the 1906 yield, and for Europe 20 million quarters below. Sales — 10 cargoes Australian are reported, ranging from 33s ljd to 33s 6d. Babbits — Nothing doing. Sheep. — Canterbury, light, 4 3-16 d; medium, 4d; heavy, 3fd; others are unchanged. '■ Lambs— Canterbury, medium. ssd» others, unchanged; North Island, New Zealand beef, fair average quality, 180 to 2201 b, ox fores, 3}d; ox hinds, 3|d. River Plate sheep, he#vy, did; j light, 3|d; beef, fores. 3Jd: hinds, 3Jd. At the kauri auctions 1100 casks were offered, and 150 sold at full rates. All three-quarter scraped were withdrawn. The Peninsular and Oriental Ship?ing Co. has declared a dividend of per cent, on deferred shares.