COMMERCIAL.

Poverty Bay Herald, Volume XXXIV, Issue 10964, 6 May 1907, Page 4

COMMERCIAL.

■ ' •> (Press Assn.— By Telegraph.— Copyright.) (Received May 6, 7.33 a.m.) LONDON, May 5. Upper, spot, 106 ; three months," 104_. lm,- spot, 192; three months, 189_. Lead, 19 7-16. Silver, 30^. Hemp is firm. Linseed oil, 25_. Wheat: A cargo of Australian sold at 31s 6d. . Wool: To date 53,964 bales have been catalogued and 46,836 sold. Competition is good. Prices for all sorts are. fully maintained. The following were the ■ average juices realised for the fleece portions of tho following clips : Gear lOXd, Titi and Manawa* llgd, Pukcloi 12|d. Sheep are unehauged. Lambs, Canterbury, light. sgd ; Southland sid, North Island sd ; others unchanged. New Zealand beef is uiiclionged. River Plate sheep aro unchanged. Beef, fores 3d, hinds unchanged. The rirmnes*-* of the -wheat markets is due chiefly to the small uess of the reserve stocks m Ur-eat Britain and most European importing countries. There has been a slight relapse m cargoes during the last few days. Cargoes have sold at , 31s 4£d t 0 31e 9d. Flour has hardened from 3d to 6d. The butter market is unchanged. There is a slightly better demand for the choicest colonial, but secondaries are neglected. Cheese is easier. New Zealand, 61s to 625. 1 The Bradford wool market is quiet. I Merinos are firm. Common sixties, 26d- j Iwper, 27d. -. !_____!