FINANCE AND TRADE
COMMERCIAL CABLES. PRESS ASSOCIATION. (Received December 26, 9.35 p.m.) LONDON, December 26. Imperial Consols are at £93, an advance of 7a Gd on lost quotations. Colonial stocks are unchanged. Tho market rate of discount for best throe months’ bills is 3-16ths higher at 4 per cent. The wheat markets are firm. Owing to had weather Argentina business is small, and cargoes are hardening, Californian August shipment is quoted at 31s 3d. According to “Bradstreert’s” estimate, the American visible supply of wheat east of the Rookies is 81,894,000 bushels. Sugar.—First mark, granulated, f.0.1i. Hamburg, Id lower, at 9s 6d per cwt; Gorman beet, 88dog, unchanged at 8s 2d per cwt. Frozen meat prices are unchanged. There is no business doing. Copper.—Spot, 8s 3d higher, at £3l 7s 6d per ton; three months 10s higher, at £sl 15s per ton. Tin.—Spot, 28s higher, at £llß 10s per ton; three months, 37s 6d higher, at £ll9 5s per ton. Pig-iron.—Glasgow warrants, No. 1 cash, 2d lower, at 53s lOd per ton f.o.h. in Clyde. Load.—Unchanged at £lO 15s por ton. Spelter.—£l9 17s 6d per ton.
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Bibliographic details
New Zealand Times, Volume LXXII, Issue 4847, 27 December 1902, Page 5
Word Count
185FINANCE AND TRADE New Zealand Times, Volume LXXII, Issue 4847, 27 December 1902, Page 5
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