COMMERCIAL.

Star (Christchurch), Issue 9535, 6 May 1909, Page 3

COMMERCIAL.

■ _+ — ■ ■ : United Press Association— By Eiactiio \ Telegraph — Copyrijkt. I (Received May 6, 8.30 a.m.) ■ LONDON, May o. Tallow. — At the auctions 1628 casks were offered, and 970 casks were sold at 6d decline. Wheat. — The market is firm; two Australian, oargoes sold at 42s 9d and 43a. The American visible eupply of wheat is 49.140,000 bushels. Copper.— On spot, £57 15s per ton ; three; months' , £58 8s 9d per ton ; elec-. trolytic, £58 15s per ton.' Lead.~£lS" 2s 6d per ton. LONDON WOOL SALES. (Received .May 6, 12.15 p.m.) LONDON, May 5. The wool" sales ..were animated, and merinoes were fully 5 per cent above the , March quotations. Cross-breds were Btrong at yesterday's advance. - [Per Press Associatiox.] ' NAPIER, May 6.. The Colonial Consignment and Distributing Company's cable message states that stocks, of frozen meat are, very heavy, and the demand poor, with a further fall in. values for North Island mutton and , second quality lamb. ■Quotations artv-Ganterbury mutton, 3gd.; Napier, Wellington and North Island, 2£d; lamb, first quality, 4|d; second quality, 4jd. Beef---Hindquart^ ers, 3id; forequarteis, *2id. WELLINGTON, May 6. A cable message from the High Commissioner, dated May 5, "says that the \voi& sales commenced with a strong market, and a large attendance of buyers, the American.* competing keenly for cross-breds. Merinoes. and coai'se cross-breds of all grades were id higher, and fine cross-breda of all grades and medium ©ross-breds of all grades Id higher than last, sale. Prospects axe favourable. ""

Mr J. 0. Jameson, of the Canterbury Stock Exchange, quotes to-day's prices as follow :— Waihi, buyers £9 3s ; 6d, sellers £9 4s 6d; Waihi Consolidated, buyers 2s 4d, sellers 2s 7d; Grand Junction, buyers 42s 9d, sellers 43s 6d ; | Talisman, buyers^ 48s, sellers 48s 3d ; ; ! National Bank, buyers . 107s, sellers j 108s; Bank of New Zealand, buyers £8 19s ; Ashburtori Gas, sellers £6 ; Stockton, sellers 9s j 'Crown Brewery j Company, sellers 295 ; British-New Zea- j land meat, sellers 20s; Manning and Co:, sellers 80s j Ward* and Co., sellers lOQs; Craddock, Orr and Co., contributing, sellers 10s, paid-up 21s; Warner's, Lijnited, sellers £5 ; New Zealand Shipping Company, sellers £6 16s.