COMMERCIAL

Timaru Herald, Volume XIC, Issue 13349, 27 July 1907, Page 5

COMMERCIAL

THE -METAL MAK.KET. Press Association-By Telegraph-Copyright LONDON, July 25. Copper, on spot, £96 per ton; three months, £3B.' Tin, on spot, £lB3 10s per ton; three months, £lB2. Pig iron, £SB 10s par ton. Lead, £2l lfVper ton. Silver, 2s 7|d pei> oz.. i The New Zealand Loan and Mercantile Agency Company. . Ltd., have received the following cable from, their London Office, with reference to the close of the July serkx of wool sales:—Sales closed firmly to-day. As compared with' hist sales' closing rates, price*' are about par to 5 per cent, lower for lambs, fine crossbred, greasy merino, inferior and .scoured merino super. ; about 74 to 10 per cent, lower for crossbred lambs, coarse scoured crossbred, faulty wool, coarse crossbred slipe medium crossbred- slipe and medium soßi-e:l crossbred: for greasy condition, medium and coarse, in faulty condition, prices are lower bv Id since close of lastsales. '

WHKAT SLIGHTLY LOWER. Received 10.16 p.m.. July 261 <i. LONDON, July 26. The director of the Government farm?, Canada, estimates the wheat yield of Manitoba. ;md the N%r£li-We* territory at two-thirds to three-fourths of «, hill crop. Tli warm weather has .quietened thk wheat market* and slightly lowered prices, although it is ft'liiin that the harvest will be late in Britain, France and Geipamny and that till- crops in all the. Kuropean countries except Russia are mielfual to those of 1906. Cargoes were qjuib till to-day when four cargoes were disponed of at 34s and 34s 6d. The Hour market is dull and buyers inactive, anticipating lower price*. Australian June-Julv is otfeiing at Glasgow, at 26k 9d. Butter .is slow of sale and ((notations for colonial are unchanged; Dani-h, Ills to 112s : cheese is firm.; New Zealand 6Cs to 61s: new Canadian 56s to 58s. Sugar, German 9s 9d; first marks, lis 4d. The Bradford wool market, is dull; common sixties, 27d, f.uptr 28d. f CHRISTCHURCH GRAIN MARKKT. Ver Tress Association. .CHRISTCHURCH, July 26. Tlier? :« a quantity of both wheat and oats offering locally, but the prices asked 4s 6d for wheat and 3s for oats, at country stations, are above buyers' limits.