THE MONEY MARKET.

Taranaki Herald, Volume LIV, Issue 13357, 22 December 1906, Page 5

THE MONEY MARKET.

- h l > The market rate of <liscoitnt for .best three months bills as £€&, or 5s .more than last week.

COLONIAL AND OTHER PRODUCE.

The wheat nmrkets are flat owing to the» Sppswach. of the holidays, an 'easier tendency in. American, and larg-' ear offerings -from the Argentine, where a good crop ,is • practically > assured.Cargoes are quiet -and -prices .rather easier ; 30s is asked for Victorian' and Souths , Australian ■ Deoemßfer-yanuary shipmeittits and 295 : 7^ for New South Wales. There is little business!, and |, spot prices are unc&angeH. New- Z«ai land supplies are exhausted. " ; ! Plour is* neglected and prices are-u n - | changed. Freigtota are cjuietj and Isteady. ' . v ■ Butter. — : Da*iish . 121s, , Colonial , ua- | changed. Choicest brands -have, beten well cleareS. Secondaries are slow iof sale with a wefaker- tendency. The ' lai«ness of the arrival of the W'a- \ kool's consiigninent ds < causing trouble, some buyers refusing* tm'tters 'beoause ■they are now uni^aleable'; until *%rte¥ the holidays.— " ,*--« i Su^ar.—GenttVan beet. Bs lOd, first marks 10s 4d. ' ' " ' Bnadford wool is .very .firm. Crossbreds- 'hardening^ owing -to'^he'^olidaj'sr. Copper— On spot £106 12/6 ; three months £108 10/. . , 1 Tin.— On! spot £195 .10/, three months £196. Lead, £19 17/6. Iron, 61/4. '* Spleter,'£2B, • ", '. ', SHEEP. 'SKWS\\ 'A-t the sheep skin salest tfiere was, a good ; attendance and- • competition. Four thousand six hundred offered and sold. Merino combings? advanced a farthing, fine crossibreds a farthing' to a 'halfpenny, coarse ia halfpenny. :