COMMERCIAL.

Star (Christchurch), Issue 9911, 28 July 1910, Page 3

COMMERCIAL.

United Press Association—By Elcctrio TclegTaph—Copyright. (Received July 28, 8.5 a.m s ) LONDON, July 27. Wheat.—An Australian cargo sold at 38s Gd per quarter. The American visible supply of wheat is 20,614,000 bushels. Tallow.—At the tallow auctions 1757 casks wero offered and 867 casks sojd at 87s 9d, 355, 36s 9d and 34s per cwt. Silver.—2s 0 13-l(3d per oz. Copper.—On spot, £53 17s 6d per ton; three months', £54 lis 3d per ton. Tin,—On soot. £l4B 2s 6d per ton; threw months', £l5O per ton. ROUMANIAN CROPS. A Bucharest message says that the Roumanian crops are in excellent condition. LONDON WOOL SALES. HIGH COMMISSIONER'S REPORT. [Pee Piiess Association.! WELLINGTON, July 28. The High Commissioner to-day cabled the following report on the London wool sales:— The wool sales closed with great competition for best, quality wools, which are in small supply. There is an active demand for coarse cross-breds and all grades light in grease, and the decline in price has recovered. Some 25,500 bales of New Zealand wool have been held over. The estimated values of superior merino are Is Id to Is 3id. mediuiri 10id to Is OJd, inferior 7id to lOd; line crossbreds, all grades, Is to Is 4d, medium crossbreds I'ld to Is Id: coarse cross-breds, all grades, B;\d to 10£ d. [Per. Press Association.] NAPIER, July 28. The Colonial Consignment and Distributing Company to-day cabled the following report on the frozen meat market:—Owing to the heavy stocks, the value of lamb has declined. To-day's prices are:—Mutton. Canterbury, 3sd; Napier, Wellington and North Island, 3jd; lamb, first duality, sd, second 4jjd; beef, hindquarters' 3id, forequarters. 2|d. SHARE MARKET. [Per Press Association.] AUCKLAND, July 28. To-day's sales:—May Queen 4s, 4d to 4s sd, Saxon Is 9d, Waiotahi 3s lid, Mount Zeehan (contributing) 6Jd, Old Hauraki 4s lid. Crown' Options 2g, Tairua Broken Hills Is 9d to is lOd, Tairua Golden Hills 2s 9d, Talisman 54s 3d, Waihi £8 5s 6d, Grand Junction 40s 3d to 41s, Northern Steam 15s Id. STOCK EXCHANGE. TO-DAY'S CALL. The following prices ruled at the noon call of'the Stock Exchango to-day:— Buyer. Seller. £ s. d. £ B.d. BANKS—iSational of N.Z. (new issue) ... 5 17 6 GAS— Christchurch (£a) . -AO 0 0 lISSURAiVCE Now Zealand ' 4 0 0 MEAT PHE SERVING— Canterbury Frozen ; .Meat . . . : . 710 0 Canterbury Frozen Meat (preference) .510 Christchurch Meat Company (£10) . 13 2 6 WOOLLEN MANUFACTURING— Kaiapoi Woollen . 5 0 0 COAL— V/estport-Siocklon .- . 0 0 6 0 7 3 MISCELLANEOUS— N.Z. Farmers' Co-oj.\ 2 7 6 . N.Z. Farmers' Co-op. (preference) . .500 Taranaki Petroleum (£1) 0 10 0 BREWERIES— Ward and Co. . .500 MINING— May Queen . ,043 Now Sylvia . .041 Old Hauraki G. Mines 0 4 8 ■Waihi Grnnd Junction 2 0 0 Boss Goldfields . . 0 10 9 The following sales occurred on 'Change: —Booth, Macdonald, 13& 9c!; Wftitangi Consolidated, 2s 2d; Ross Goldfields, 10b 6d. The following sales wore reported:—Christchurch Gas, £10; Talisman, 63s 6d; Rosa Goldfields, 10s 2d to 10b Bd.

The following cable messago has been received by Messrs Dalgety and Company, Limited, Christchurch, from their London office, dated London, July 26: —Wool sales closed firm. As compared with closing rates of last'series, prices of merino and fine cros6-bred wools are unchanged, except short faulty scoured, prices of which have been irregular, from sto 10 per cent lower. Prices pf greasy medium and coarse cross-bred wools aro unchanged, whilst scourod are 5 per cent lower. I'ine.slipe wools are unchanged, coarse being 5 to 74 per cent lowei". Total net quantity available for sale amounted to 159,000 bales, of which some 85,000 bales were sold for Home consumption, and 42.000 bales for the Continent, leaving 32,000 bales to be carried forward, of which 24.000 bales were not offered. The quantity held over in first hands prises 22,000 bales New Zealand wools. Tho quantity sold to America comprises 300 bales Australasian wools.