COMMERCIAL

Timaru Herald, Volume XIIC, Issue 13644, 11 July 1908, Page 5

COMMERCIAL

Pi-ess Association-Bv Telegraph-Copyright LONDON, July 9. Three months bills, £ per cent. • The Irish land loan is quoted at l'£ per cent, premium. Owing to the large niimbrr of applications for money, and the sums that are being locked up, the money market is firm. Wool.—The Antwerp sales numerous buyers, '■ and animated competition. ■ Prices advanced on the May qi<otations 7£ to 10 per cent, for merinos, and 10 per cent. . for c-rossbreds. - Out of 2971 bake of La Plata offered 1615 were sold. Wheat.—The American visible supply is •'21,390,000 bushels. • Silver, 2S 11-16 d .per ounce. MELBOURNE, July;?. Hides.—There is good competition ' for kipn, light hides and: undamaged lots are id to -|d higher. Other sorts are unchanged. Messrs Dalgety and Co. report under date . London, July 9th:—"Frozen meat prices in general are unchanged,; except frozen beef, which is lower by £d to £d per lb.. The butter market, is firm; the Copenhagen official -quotation is three kroners higher. Prices of. Australian and New Zealand butter are unchanged. The course of T)r : ."es in the immediate future depends upon the weather here, but' we expect good prides up to November. The import.' into the United! Kingdom for the week, ended 4th July totalled 93,000cwt.; as compared with 84,000cwt. for -the same periqjl last; year."