COMMERCIAL

Timaru Herald, Volume XIIIC, Issue 13704, 19 September 1908, Page 5

COMMERCIAL

P!r«stf Asfiociation-ByTolegraph-Copyrsgai LONDON, Sept. 17. Sales of old Australian wheat .have been made at 3&s 3d and 38s 6d. , Fifteen thousand quarters of new crop, Januaiy« February shipments per sailer, sold at 36s ]9d. The American visible supply of wheat is 33,231,000 bushels, i • Silver, 2s o£d per oz. Lead, £l3 5s 9d per ton. • ■■■■» The "Morning Leader" declares:.. Uaß Mr Kidson, Premier of Queensland, and Mr Price, Premier of South. Australia, on their recent visits, to England, made' them* selves -thoroughly ridiculous in reproach' ing the Motherland for not using Australian batter, and says that proof that Australian butter issUjsed in, England .is ,to be found in the high prices ruling for ,butter in Australia. > The New Zealand and Australian Land, Company has declared a dividend of ? per cent., and % .bouns of 5 .per cent. The sum of £BO,OOO has been added to tin) contingency fund, and £BO,OOO to the res serve. -* .. > - - ■■ Messrs Dalgety and Go. report tmd« London, September 17th:—"There U, * poor demand for New Zealand' lamb. Other lamb than Australasian of godcl quality is offering at. ,low prices,,, There, is a moderate demand for New Zealand shut* ton and the market is firm;, There ,ia,» fair demand for New Zealand" beef and finest qualities are very firm. We quot« New Zealand prime crossbred lamb,. Gaa» terbury, heavy 4|d, light s£d; North Island, heavy 4id,. light prime crossbred mutton, Canter heavy, 3id,light» 4|d; North Island, he*Ty-3|d,. light 3M* New Zealand prime beefforequartere, hindquarters 4|d to Sid. The butter' market- js firmer: The Copenhagen official quotation is four, kro&ers -higher,.. W« quote Danish 1225, •. New*. Zealand salted . 118s, finest* Australian salted 116# and nnsalted 118s. Tha vdetoaad is ch&fiy t iafr? ■ higher qualities.