COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 82, 26 March 1908, Page 4

COMMERCIAL.

A NEW SOUTH WALES LOAN. ) London, .March 2-1. ' Negotiations for the flotation of the New South Wales loan have closed. The old debenture-holders converted under 15 per cent, of the whole amount of stock. Underwriters take the balance. The I/indon and Westminster Bank considers the amallness of the conversion is due to Uie recent failure of Jio Grand Trunk l'acilie Railway 4 per ' cent, loan at !)4 1 /,. LONDON MARK UTS. London. March '2-1. Copper —On the spot toil 7s (id. three months £s!l 13s. Klectrilytic copper £6O ss. Tin—On the spot £l4B 3>. three months £l3O. Lead, £l4 2s 6d. Shares—Hank of Australasia: Buyers £IOO, sellers .ClO2. Rest uueliunj;cd. LONDON WOOL SALES. London, .March 24. At the wool sales merinos and line crossbred* are selling well at late rates; prices for shabby crossbreds are slightly in buyers' favor. Crossbreds are. in rather better demand. AUSTRALIAN MARK ETS.

Svdnev. March 25. Wheat—Milling and cli'ick Is 4\'AFlour, £lO. Oats—Algerian milling 3s 3d. white 3s 2d to 3s 3d. Barley—Cape 4s 2d to 4s (id. Maize, 5s 3d to 5s 4(1. Bran. £6 10s. Pollard. £7 2s (id. Potatoes—Circulars £3 10s to £3. Onions—Victorian £5 10s. Butter, Ms to 07s. Cheese, 6d to Bd. Bacon, 9d to 10>/ 2 d. Melbourne. .March 25. Wheat. 4s 3d. Flour, £lO. Oats, 3s Id. Barley —Cape prime 4s. Maize, 3s 7d. Bran and pollard. Kid. Potatoes, £3 15s. Onions, £4 15s. Adelaide, .March 25. Wheat, 4s 2d. Flour, £8 10s to £8 15,. Oats—Algerian 3s. Barley—Cape 3s Sd to 3s 10(1, Engli-n malting 4s 3d to 4s 3d. Bran and pollard, 17d.