COMMERCIAL

Timaru Herald, Volume XIC, Issue 13355, 3 August 1907, Page 5

COMMERCIAL

■- «n» WHEAT PRICES-DOWN. Press Aissociation-By (telegraph-Copyright Received 9.30 p.m., August 2nd. '■ LONDON, August, 2. The approach of warm weather has depressed prices in the European -wheat "markets about <6d,-though the American market is firm and the world's shipments are , small. Cargoes are quiet; three Australian sold at -34s lid, 34s 3d, and:-34s 6d, 'respectively; sellers are asking 36s 9d for July-August arid 37s for SeptemberOctober- whicli figures are far above buyers' ideas. Australian ohspot is in good demand at 36s 6d to 375:/ The American -visible' supply is 6,206,000 bushels. Flour is firmly* held; Australian in London is'very scarce, and is quoted at 25s to 25s 6d. • Glasgow is "quiet Vintl prices are unchanged. y^' The.butter market is quiet; prices arcunchanged;, secondary colonials are neglected ; there is a: slightly better tone for choicest. . sugar market is steady ; German 9s Bd, : first marks Us 3d. ' The. Bradford wool market is inactive, and quotations' arc unchanged. Messrs Dalgety and Co. report tinder I date- London, August Ist: —•" Frozen beef (forequarters), frozen mutton, and lamb; any change in prices is in favour of buyers'." ■'.''''-.' Messrs Webb'and Kcmpthorne have received tlie following cable message from their London Office : —Frozen Meat.—-To-day's quotations/are—Canterbury mutton, 4£d; Napier,' Wellington, and North land, 3§d. '-.-Lamb.—First 'quali'tr, •' ;' second quality, Beef.— Hindquarters, &%d ; forequarters, 2gd.