COMMERCIAL.

Otago Daily Times, Issue 14898, 29 July 1910, Page 4

COMMERCIAL.

AMERICAN miEAT SUPPLY. Press Association—By Telegraph—Cop)7jght. _ LONDON, July 27. The Amerioan visible wheat supply is estimated at 20,614,000 bushels. LONDON MARKETS. Pr6s« AjMclaljon—By Tnlcgrnph—Copyright LONDON, July 27. Wheat: An Australian cargo sold at 38s 6d, • Copper; Spot, £53 17s 6d; three mouths, £54;lis 3d. Tin: Spot, £148 2s 6d; three months, £150. July 28. (Received July 23. at 11.15 p.m.) Copper; Spot, £54 2s 6d; tlireo months, £54 12s 9d; Electrolytio, £57 15s. , Til): Spot, £149 2s 6(t; Three Months. £150 ss,

TALLOW SALES.

Presi Association—B.v Telegraph—Copyrieht.

LONDON, July 21. At the fallow sales 1757 casks were offered, ar.d 867 sold. Mutton, fine 378 Sk], medium 355; "bcofi fitle 36s 9d, medium 345. HIDE'SALES. Pr«M Association—By 'JVltjraph—Copyright, MELBOURNE, July 28. (Rco?i<ed July 28, at 11.45 p.m.) At the lade, sales to-day there was keen, competition, .and tho catalogue was. cleared at prices which were in sellers' favour.

AUSTRALIAN MARKETS.

Piwi Aieociition'-By 'fplecispll-Copyright SYDNEY, July 28. (Received July 28. at 11.45 p.m.) Wheats ss. 11(1 to <k Flour, £9 10s. Oats: Algerian feeding, 2s 2d to 2s 4d; mailing, £ sd; Tasmanian; 2s 6d to 2s 7d. Barley: Cape, 3s to'3a 2d. Maize, 2s Bd. Bran, £4 ss. Pollapd, £4.' Potatoes; Tasllianiau, £1 10s to £8. Onions, £3 10s to £4. Butter, £6 ,2s. Cheese, 6d to 6jd. Bacon, 6d to 6Jd. MELBOURNE, July 28. Wheat, 3s lid. Flour, £9 10s. Oats; Algerian, Is lOd to 2s 2d. Barley: Prime malting . Chevalier,.' 4s 3d ; Cape, 2s 6d. Maize, 6s 4d.-Bran and pollard, £4 10a. Potatoes,, £4 5s to £6 ss. Onions, £2. 10s to £3 ss. .' ADELAIDE, July 28. ' Wheat, 3a' lid to 4s. Flour, £9 10s. Bran and pollard, HJd.

LONDON WOOL SALES.

Messrs Palgety unci Co. report having reeeiyeil tns following cablegram . from thairhead offiw, dfited London, July 27 " Tho wool saW ; clos-;tl firm. As compared with the doting rates of last 'eariee merino and line crossbred wools were unchanged «xc«pt slioi't, faulty scoured wools, which were irregular nnd 5 to 10 pur cent, lower, (irwy,oiiossbred wools,, medium and coarse qiiality, iVcro unchanged; ecourod crossbred wools, medium and coarse quality, 5 per pont- lower; fine slipo wools, unchanged; coarse sljpe wools. .5 t/> 74 per cent, lower. Tlttf (total net quantity avo.il'tiblo amounted to J59.000 of which 85,000 bales Wore $ild for Home consumption, 42,000 bait's tff the Continent, 24,000 bales not offered, qnd 32,000 biles carried forward. The' quality held over in first hamta conrpfiees 22j000 bales New Zealand wool. Tfe quantity taken for America comprises 300 bales'of. Austraiasian wool." NEW ZEALAND-MALAY RUBBER COMPANY. The flotation of Jhc Now Zealand-Malay Riibbor Company is now cssurcd. The brokers yesterday received intimation from the fee notary of tlio company' that more

than the ininimam number of shares required had been applied' far. The share list doses today, and the brokers (Messrs Quick and Smith and Logan and Vivian) anticipate a conaderabte nurobro of additional applications.