COMMERCIAL

Timaru Herald, Volume XIIC, Issue 13839, 26 February 1909, Page 5

COMMERCIAL

THE LONDON MARKETS

Press Association-By Telegraph-Copyright i LONDON, Fob., 24. At %]ip tallnu- niir-tioii KiiJpK, • .Sflil. casks were Offered and -17". sold. Fine 1 rnutton -realised 335.' (id ; ]'>or-ewt; i-mc-; (limn, 31 s 3d ;-| hod}', 'fine;,:32s .3d; iino-' dium, 30s Del.. : Twenty-nine thousand quarters of South Australian wheat'sold at 38s f)d. • Silver, Is 11 7-lGd per ok. - ■ .■- Copper, on spot, £56 fis 3d per ton ; three months, £57 2s Qd ; electrolytic, £59 os. • ' . • Tin, on spot, £l3O ss; three months,' £132 15s. , Load,- £l3 Is 3d per ton. MELBOURNE, Feb. 25. At the sale of hides, supplies were r.mall. Tlie market is very firm, and there is special inquiry •■ I'm- New Zealand sorts.

Received 9.-15 0.m., Feb. '2sth. , SYDNEY, Feb. 25. The price of flour has ' been raised 10s, and pollard reduced 10s. Foodstuffs generally are easier! as'a .result of splendid rains. ' • Received 12.10 a.m., Feb.-2(>th. BOOMTNG WHEAT. Wheat is advancing in price; buyers are offering 4s 3d,'sellers ask for 4s 4d to 4s 4-.WI."' ' THE MMCE OF FLOUR. Per Press Association. DUNEDIN, Feb. 25. The "Star" is authorised by the Flourraillers' Association to contradict the statement published this, morning that the price of flour had been reduced: £1 per ton. Yesterday a Press Association telegram;' was published to the effect that the Floitrmillers' Association had decided to reduce the price, of flour by £1 per ton, so as to meet the, importation of flour from Australia, and also because the increased quantity of new wheat now on < offer. has enabled the millers to 'buy' on slightly better terms.. A reporter called upon the . Timaru manager of the New Zealand Flourmillers' Association to verify the telegram, but the pressman was informed that no. information pf any sort -could be given. Later on the reporter had a short "chat with Mr Wm. Evans, who said.that the,item of news telegranhed through was quite premature. Some talk, of reducing the price of flour, had occurred at .a recent meeting of the Association, but nothing definite had been.decided at present.;