THE HOMEMARKETS.
The New Zealand Loan and Mercan-
tile Agency Company, Limited, have received the following cable message from their London office, dated 17 th August:— Wool—Si the close of the sales there has been considerable business by private treaty at a i'average advance of 10 per cent, on the last sales’ closing rates, except fine crossbred, which has advanced % per lb. The outlook for the next sales is favorable. . Wheat—Market has an upward tend
jency. Harvest prospects are discouraging. The United Kingdom harvest is deficient alike in quantity and quality. Victorian wheat is worth 353 6d; New Zealand average 33s 6d, and New Zealand long-berried 35s per 4961 b; New Zealand wheat f.a.q. is worth c.i.f. off coast 32s per 4801 b. Tallow —Market steady. Fine quali-
ties are not in demand, but there is a good trade demand for lower and medium sorts. Good mutton and beef tallows are worth, respectively, 26s and 23s 6d per cwt. Leather—Market steady. Best sides are worth per lb. Frozen Meat Market depressed. Stocks are in excess of trade requirements. New,Zealand mutton, weighing 651 b to yoib per carcase, is worth per lb.
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Ashburton Guardian, Volume V, Issue 1319, 19 August 1886, Page 3
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191THE HOMEMARKETS. Ashburton Guardian, Volume V, Issue 1319, 19 August 1886, Page 3
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