THE MARKETS

Ashburton Guardian, Volume VII, Issue 1944, 14 September 1888, Page 3

THE MARKETS

» [per press association.] London, September 11. Mr Miller estimates the wheat yield of the world at ten million quarters below tho requirements of buying countries. j Mr Harris, the wheat expert, predicts an enormous rise m wheat m the spring owing to the scarcity of supply. Paris, September 10. In consequence of the falling off m tho yield of wheat, Franco will require to import forty million hectolitres of wheat. [This quantity would represent about 110 million bushels.] The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London office, dated fceptember 11th :— Wheat — The English harvest will be late, and is deficient, alike m quantity and quality. The market is steady. New Zealand average and long-berried wheats are worth 40s G& and 41s -6d per 4961bs respectively ; New Zealand f.a.q. is worth ci.l., to arrive, 38s 6d per 4801bs. Barley — The quality of English barley is very inferior. Leather — The market is unchanged. Frozen Meat—The mutton market is steady. Canterbury mutton is worth 5£ per lb. New Zealand beef, forequarters, is worth 4d ; hind-quarters, 5£ per lb. I. „ ,' -—!