COMMERCIAL.

Timaru Herald, Volume XIIC, Issue 13594, 14 May 1908, Page 5

COMMERCIAL.

Pres.\ Association-Bv Teleerraph-Copyright LONDON, May 12. Wheat is a, shilling dearer. The demand i.'' not very brisk. Copper, on spot, £57 per ton; three months, £57 15s. Tin, on spot, £l3B 10s per ton; three months, £139. Lead, £l3 per .ton; spelter. £l9 l&j. Pig iion, 55s per ton. THE AUSTRALIAN MARKETS. • SYDNEY, May 13. Wheat, 4s 10;Jd; some holder.;, want ss. Flour, £lO. Oats, "Algerian, 3s 6d. Barley,' Cape, to 4s 6d. Maize-, 4s Bd. Bran and pollard, £B. Potatoes, Tasnianian:,-, £4 5s to £4 10s-. Onions, £7. Butter, 118s to 120s per evri. Ch-ese, 7d to Bd. Bacon, B£d. MELBOURNE, 'May 13. Wheat, 4:- Bd. The market is J*es buoyant. Flour, £lO. Oats, Algerian feeding, 3s 3d: seeding, 3s 4d- to 3s 6d. Barls-y. -Cape, prime, 4s Id. Maize, 4s 7d. Bran and pollard, Is 7d. Potatoes, Tasmanians, to £4 7s 6d. Onions, £6 10s. ■■ ADELAIDE, May 13. Wheat. 4s 6d. Flour, £9. Bran and pollard, Is 6d. Received 12.42 a.m.', May 14th. LONDON, May 13.

Buxton, Balme and Jacomb's joint catalogue comprised 6887 bales, a fair selection, including 3785 bales from New Zealand. Animated biding made the opening better than was expected, and there was a record attendance. Compared with April closing sales crossbreds all round showed a decline of 10 jJer cent.; merinos were very irregular, and choicest declined 4 per cent.; others averaged about 10 per cent.

The Xational -Mortgage and Agency Company of New Zealand, Ltd., have cable advice thafc the London wool sales opened yesterday at a decline of 10 per cent, from last sales in merinos and fine erossbreds and 12£ per cent, on medium and coar.se crossbreds. The bidding wa.« keen.

Messrs Dalgetv and Co. report under date London. May 12th:—"The third scries of wool tsales opened to-day with a fair selection, a large attendance of buyei'is, and animated competition. Ay compared with the closing rates of last series prices are on the. average 5 to 10 per cent, lower for good merino, 10 to 15 per cent, lower for inferior and .faulty, 10 per cent, lower for fin? crossbred, and 10 to 12£ per cent, lower for medium and coarse cn.-sbred wools. The market for rabbitskins is steady. We expect that if any change in prices takes place it will he in favour of sellers."