COMMERCIAL.

Timaru Herald, Volume XC, Issue 13206, 9 February 1907, Page 5

COMMERCIAL.

United Press.- Association—Per. ElectA'ic Telegraph—Copyright. LONDON, .February 8. The Bradford wool market is unchanged. Jlerinos are hardening ; crossbteds - show a weaker, tendency. : Ah. 'the sheepskin sales 4400 were offered, and sold as follows : -—Greasy merino combings; - par to -id dearer; lambs Id dearer; shorn skins,: cheaper. THE LONDON MARKETS. LONDON, February 7. . • Copper, on spot, £lO7, 15s per ton; three months, £IOB 15s. Tin. on spot, £193 per ton; three months, £192 ss. Lead; : £19,12s 6d',per,,.ton. . . ; A^Tieat.—Two cargoes-of Australian,, and 13.500 quarters -of South :.: Australiiin, February-March shipments, .sold at ,30s; 18,000 quarters of Victorian, February sliipr ment, at 29s 9£d; a. cargo of 17,500 quarters of South- Australian FebruaiyMarch shipment, at rican visible supply is 79,402,000, bushels ' THE COMMERCIAL BANK. MELBOURNE, February. 8. At: a-meeting of the Commercial..Bank of Australia, the chairman said tliat.r.the balance sheet showed advancement al J along the linC. A portion of the assets ~of:.;the old bank had been sold for more than £24,000 above the valuation, and he 'believed that the remaining properties would fully realise the valuation. During five years deferred liabilities . amounting tq £1,253,000 had been discharged. They intended to continue tire . extinction of the -remaining assets on trust and deposit. . Messrs Dalgety and Co. have, received the following cabl'e message, dated London, February 7th :—Prices -of frozen beef 'and laanb are unchanged. Any, change in prices of frozen mutton is in-favour of buyers. The frozen meat trade is dull. There is a better, demand for frozen pork. The present .;.price, ;is' s£d per lb. -:Thetallow market is dull owing to the quan : tities offered for sale: from River Plate increasing again. Prices of combing greasy merino and fine crossbred sheep skins are higher 'by id per lb. Since our last telegram coarse crossbred. . sheep -skins are higher by id to |d. and clothing slieei>skins are lower by per lb. - ■ '