COMMERCIAL.

Lyttelton Times, Volume CXXIII, Issue 15924, 9 May 1912, Page 7

COMMERCIAL.

United Press Association—By Eleotrio Telegraph—Copyright.- „ LONDON. May 7. Copper.—Forward, £7O 6s 3d per ton; electrolytic, £73 10s per ton. Tin.—On spot,. £206 15s per toaj three months, £203 15s per ton. Lead.—£"l 6 10s per ton. ' Frozen Meat.—The Argentine ship, ments of mutton are 185,431 carcases, lamb _ 92,800 - carcases, frozen beet 129,750 carcases, .chilled beef 174,500 carcases. / Wheat.—Four Australian cargoes sold at 40s 3d per quarter, two at 39s 7ld. and one at 39s 6d. (Received May 9, 12.30 a.'m.) London, May 8. The New Zealand and Australian Land Company has declared a dividend of 5 per cent.

. SYDNEY May 8. ■ Good rains in some of “the districts havo quietened the, wheat market and buyers are reducing their limit to 4s od per bushel.

SHIPPING.' LONDON, May 8. • Sailed.—Kaikoura for Wellington. The following cablegram has been re* ceivod by Messrs. Dalgety and Company,' Limited," from their Lqndoa office, dated London, May 7: ‘‘Since our last cable, prices of frozen lamb are higher by $d per ,16. STOCK EXCHANGE OF CANTERBURY.

The following are latest quotations:

The follctring sales yerc report'd:—Canterbury Farm ere' (<Timaru). £2 17s; Talisman, £2 4s .10Jd-t Wwtanjfi. -1* id.

buyers. Sellers. _£ s. d. £ s. d. BANKS— National of N.Z. . 6 2 S New Zealand FINANCIAL— 11 10 0 1115 0 National Mortgage GAS— 4 0 0 Christchurch *900 Wellington (£10 paid) INSURANCE— i' IS 6 0 National of N.Z. . 1 IS 9 Standard cf N.Z. MEAT— 1 10 3 British-N.Z. Meat (15s paid) 0 16 C Christchurch Meat Co. (£10 paid) 15 0 0 WOOLLEN MANUFACTURING— Ksiapoi Woollen Wellington Woollen . 5 3 6 3 10'0 COAL- / Westncrt-Stookton 0 2 6 MISCELLANF.OUS— It Mason. Stmthers (14s 1 ' • ■ paid) 0 17 .3 N.Z. Drug Co. N.Z.' Farmers’ Co-op. . 2 10 0 2 9 0 N.Z. Paper .Mills . . BREWERIES- . ' 1 2 e . Crown Brewery . 1 15. 0 Manning and Co. MINING— 4 5 0 Waitangi 0 1 3