COMMERCIAL.
LONDON REPORTS. (Received 8, 8.50 a.m.) London, May 7. Copper, forward, £7O 6s 3d; electrolytic, £73 10s. Tin, spot, £206 15s; three months, £203 15s. Lead, £l6 10s. Argentine shipments; Mutton, 185,<3l • lamb, 92,800; frozen beef, 129,750 ; chilled, 174,500. Wheat: Four Australian cargoes ’sold at 40s 3d, two at 39s i Jd, undone at 39s 6d. WHEAT QUIETENING. (Received 8, 9 a.in.) Sydney, May 8. Good rains in some districts have quietened the wheat market. Buyers have reduced the limit to 4s sd. LONDON WOOL SALES. The New Zealand Loan and Mercantile Agency Company, Limited have received the following cablegram from their London house, under date 4th Inst.:—“London Wool Sales; Sales closed with good competition, 2u3,UUU bales were sold, of which 100,000 veto tM-n for the Continent, and U),UUJ for America, 20,000 bales of wool bein, r held over. There was a decreased American demand for crossbred wool. As compared with last sales’ closing rates prices are lower by about pai to 5 per cent, for medium and line creasy crossbred; higher by about o p,. r cent, for merino scoured, greasy: crossbred lambs, greasy merino and scoured crossbred; higher by about par to 5 per cent, for lambs, coarse erroasv crossbred, and crossbred slipc.” HORSE FAIR. On Saturday last I hold my monthly horse fair at Stratford, submitting past on 90 horses. Competition for | an broken horses was keen, every one | being sold at the hammer. Good; hacks and harness horses also met | irnod competition and sold well. In-, ferior sorts were dull of sale-—no enw cinirv. I quote-Unbroken Ll2'ss to £l2 17s (id; lighter sorts, £4 15s to £9; broken draughts, £24 to £4U; half-draughts, £2O to £26 JUs, unstanding backs. £l2 10s to £H -0s; harness horses, £lO to £lo 10s ; hacks, £! to £8 10s; weeds, 20s to 50s.'
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Stratford Evening Post, Volume XXXIII, Issue 9, 8 May 1912, Page 5
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303COMMERCIAL. Stratford Evening Post, Volume XXXIII, Issue 9, 8 May 1912, Page 5
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