COMMERCIAL.
THE LONT)ON MAP.KETS
Press Association-Uy Telegraph-Copyright LONDON, Feb-i nary 28.
The wheat-■ markets are firm, owing to the activity in America, where supplies are falling off' and speculators are trying u> cover short- accounts. but- legitimate business is small ii\ face of tin* enormous quantity available. Cargoes are firm, and there is little, inquiry for them. Thirly-tiv,- shillings and sixpence was paid for ;i steairn-r paiC'-l of Australian afloat. Sales of Australian on »por have been made ol 37b to 37s 6d. There is fair busine.ss in Hour. /■'MarchApril shipments sold at 27s 6il, landed. The bntn-v market has collapsed. 'J lie Copenhagen commithas lowered 1 the quotation 13 kroner, making ihe London pric« about-- 12ft-:.. 'flu-re is no businein in colonial, which is nominally worlli about, 120s. Retailers are stiU piesring' margarine, but it is expected that lower prices will revive the demand for butter. The Bradford wool market is slow : forties Hid; forty sixes 13d : common sixtier, 24£ d ; super 25d.
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Bibliographic details
Timaru Herald, Volume XIIC, Issue 13533, 2 March 1908, Page 5
Word Count
164COMMERCIAL. Timaru Herald, Volume XIIC, Issue 13533, 2 March 1908, Page 5
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