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COMMERCIAL

THE LONDON MARKETS. • Press Association-By Telegraph-Copyright LONDON, July 13. At the wool sales a good selection was offered. Better competition and a brisk sale resulted. Crossbreds sold at late rates, and merinos are unchanged in price. There is a splendid sale for all good wools, American buyers operating freely. Prices for shabby descriptions are unchanged, but there is better competition. .Bank shares. —Union Bank, buyers 65, sellers 66; National Bank of New Zealand, buyers SJ, sellers 6. The rest are unchanged. Received 12.5 a.m., July loth. ' LONDON, July 14. Copper, on spot, 57 1-16; three months, 58j; electrolytic, 59}. Tin, on spot, 130J; three months 132f. Lead, 12;. At the wool sales the Ruakiture clip sold at 6Jd, the Severn at Is Old, and Pine Valley Is Oid. The Union Bank of Australia has do- j clared a dividend of 10 per cent., and ' a -bonus of 2 per cent.; £IO,OOO has been .added to the colonial premises account, £20,000 to reserve, and j £38,000 carried forward. j

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https://paperspast.natlib.govt.nz/newspapers/THD19090715.2.37

Bibliographic details

Timaru Herald, Volume XIIC, Issue 13955, 15 July 1909, Page 6

Word Count
169

COMMERCIAL Timaru Herald, Volume XIIC, Issue 13955, 15 July 1909, Page 6

COMMERCIAL Timaru Herald, Volume XIIC, Issue 13955, 15 July 1909, Page 6