LONDON.
February 25,
Consols, 99|. Adelaide wheat, ex-warehouse, 49s 6d. The total quantity of wheat afloat for Great Britain is 2,220,000 quarters. Adelaide flour, ex-warehouse, 34s ; New Zealand wheat, ex-ship, 455. Australian tallow, best beef 34s and best mutton 375.
Best Australian leather, ll|d. At the wool sale to-day 8700 bales were offered, but the tone showed no improvement. Fleece and scoured wools are now fully lower than at last sales.
In the House of Commons to-day the Right Hon. E. Grant Duff, Undersecretary for the Colonies, in reply to a question, said that the negotiations which have been proceeding between the Cape forces and the Basutos for a complete cessation of hostilities had failed. At the same time Mr Grant Dufl stated that the Government regretted the severity of the terms of peace which has been proposed by the Cape Government. February 16.
At to-day's wool auction 7100 bales were catalogued, making a total of 87,000 offered since the opening. There was a fair demand.
In the House of Commons to-day the Irish Coercion Bill came under final consideration, and was read a third time and passed.
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Bibliographic details
Daily Telegraph (Napier), Issue 3019, 28 February 1881, Page 3
Word Count
188LONDON. Daily Telegraph (Napier), Issue 3019, 28 February 1881, Page 3
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