COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 36, 8 March 1909, Page 4

COMMERCIAL.

LONDON MARKETS. London, March 5. Wheat—The 'markets are increasing in strength despite The enormous quantity alloat, but there is no excitement. The advance is based entirely on ail urgent need in importing countries. Cargoes are very firm, a few of Hie first Iwiiig to hand. Sellers of the old crop alloat are offering at 40ii Cd to -lis new .IDs Od to 40s Gd, t ebruaryMarch 39s lid, March-April -40s, Australian on spot 41s Od to 425. Hour—Flour is very linn. Australian patents in 'London art scarce aad arc quoted at 28e Od to 29s lid. Parcels alloat (ire quoted at 28s Od (ex store) and parcels', passage or shipment, ill Hlasgow at 30s. Holders are asking 30s Od.

Butter—Butter is quiet generally and prices are unchanged. New Zealand ununited 108s to 110s.

Copper —On spot .£SO 17s Od, three months £57 12s Od, electrolytic £SB 15s. Tin—On spot £l3O 12s Gd, three months £132.

Lead, £l3 12s Od. Iron, 47s IVad. Sugar—German 10s 2d. first marks 12s 3d. „ Bradford wool is 'firm and a little business is pending Che London opening.

BASK OF AUSTRALASIA. London, MarA 5. The Bank of Australasia bus declared a dividend of 12s and grunted a bonus of Bs. It has added £OO,OOO to tile reserve fund, £15,000 to the premiees fund, and carried £10,795 forward.

WOOL AND SILVER. London, March 5. ■Silver, 23</ s d. Wool—At the Antwerp sale 5018 bales were offered and 3914 sold. Merinos advanced 5 to 10 per cent, and crossbreds 10 to 15 per cent.