COMMERCIAL.
Messrs Monteith and Co. report:—At our weekly sale at the Horse Bazaar on Saturday 22 head of various sorts were catalogued. We quote superior heavy draught £50 to £60 ; medium do, £28 to £35 ; light do, £20 ; light harness, £14 to £20; useful hacks, £8 to £12; weeds, nominal. Produce. —Oats, 3s to 3s 3d ; wheat (good milling), 4s 6d ; barley, 3s 3d ; maize, 3s 6d ; bran, £i 5s per ton ; pollard, £6 10s ; flour, provincial, £11 10s ; potatoes, 503 per ton ; hay, £3 to £4 ; chaff, £4 to £5 ; hams and bacon (provincial cured), 9d per lb; do, Canterbury, 9£d to 10id per lb. (by cable.) London, June 17. Consols are unchanged at 100f. The New Zealand five per cent 10-40 loan is quoted at 105, the New Zealand five per cent. 1889 loan at 105, and the New Zealand fou«' and a half per cent 1879-1904 loan at 103. The bank rate of discount is 2\ per cent, and the market rate If. Adelaide wheat, ex-warehouse, 48s 6d j New Zealand wheat 45s 6d ; Adelaide flour, ex-warehouse, 345. Australian tallow, best beef 34s 6d, and best mutton 36s 6d. Best Sydney copra has declined to £13 6a.
June 18. The total quantity of wheat afloat for Great Britain is 1,990,000 quarters. Best Scotch pig iron, No. 1, free on board in Clyde, has declined to 47s 6d.
TO CORRESPONDENTS. Cosmopoiitan.—Your letter will appear in our next issue.
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Bibliographic details
Daily Telegraph (Napier), Issue 3113, 20 June 1881, Page 2
Word Count
240COMMERCIAL. Daily Telegraph (Napier), Issue 3113, 20 June 1881, Page 2
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