COMMERCIAL.

Ashburton Guardian, Volume XIV, Issue 2904, 21 February 1893, Page 3

COMMERCIAL.

[PEB PRESS ASSOCIATION] • London, February 19. Finest New Zealand cheese is selling in Glasgow and the English provinces at 52s to 545. The pig iron market in Glasgow ia disorganised owing to the squaring up of oversold accounts. Some has been sold at 60s. Tsllow—Mutton, medium 34s 6d, beef 32s 6d. The quantity of wool catalogued at the series is 275,400 biles, of which 160,000 w«re taken for export, and 98,000 for the Home trade 32,4110 bales are held over till next sales. (Received February 21, 10,35 a.m.) London, February 20. The averaga price of English wheat is 25s 7d. A cargo of Adelaide wheat sold at 31s.

The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message, dated London, February 18 :~Wool.—The sales closed fairly well this day. Since close of last sales greasy merino super are par to |i per 1b higher. Greasy merino medium and inferior are par to |d per lb lower. Coarse great>y croßsbred, coarse washed and scoured crossbred are par to |d per lb higher. Other descriptions unchanged. Greasy merjnq lambs super are 'lid to ?d por lb higher $ greasy merino limbs,"medium and inferior, are £d to Id per lb higher. The total quantity sod during the past sales is 956,003 bales, of which 140,000 biles have been taken for the Continent, and 20 000 bales for America. It is estimated' that 30,000 bales have been held over for future disposal.