COMMERCIAL NEWS.

Marlborough Express, Volume XXXVIII, Issue 136, 9 June 1905, Page 3

COMMERCIAL NEWS.

LONDON MARKETS.

MbmbS Fildes, Mitehell & Co., Wellington, are in receipt of the following ropert from their Lendon agents, dated 28th April:— , . Wheat during the past week has been in a very nervous and unsettled condition, owing to collapse of the May wheat corner in Chicago; bnt ■}• though the demand was practically nil, there has been no great pressure to tell. Spot values are generally Id lower; old crop Australian is selling at 6s lOd, and new crop at 6s lOd to is 9*d. Cargoes have been very dull, and arrived cargoes show a decline ef 6d to 9d per quarter; while cargoes for shipment, owing to scarcity of sellers, are generally 3d fearer. The only «al. reported is *976 garters South Australian "Sara" at 325. Parcels aare been very steady with buyers at Sis for prompt Soath Awtwlian, New Sonth Wale«. or Victorian, but not reasonable soliers. Flour has been quite gft**r Nominal spot value 24s to Z4s 6d delivered, but no business is passing exSept a small parcel for May shipment »t22s6dc.i.f. . Bran steady. Good white Amtralian worth 92s 6d per ton on 22401b5.

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