COMMERCIAL.

Daily Telegraph (Napier), Issue 4166, 28 November 1884, Page 2

COMMERCIAL.

Daily Telegraph Office, - •' . .. Friday afternoon. .. . The local agent of tlio.New'lZealand Loan and Mercantile Agency Company (limited) lias received the following telegram from, the London oflice under date November 2.5 t h :, 1884: — ; "Wool.—Market unchanged ; up to date 96,000 bales have been sold. Tho next ;:sales will commence on 20 th January. v By EiECTiuc Telegraph.—Copykiout. i . ~,—-..*•«* (Rkuter's Telkgkams.) (Received November 27, 10 p.m.) Melboufne, November 27. -.. The -New Zealand Loan and Mercantile Agency Company (limited) held their usual ■weekly wool sale to-day, when a catalogue comprising 4080 bales was submitted. There was the usual large attendance of buyers, competition :for all lots was keen, 3000 bales being-disposed -of under the hammer at very sa'tirffautory rates. .-The market is Very firm at late prices. __ . '.- A (Received November 27th, 4. 10p.m.) London, November 26. "Consols havo declined to 100§. ■•■The market rate of discount has advanced to A\ per cent., and is now £ below bank rate. _ . ■ -~ • New-Zealand secuiitiea are quoted as folper -cent. 10-i loan, 103J; 5 per cent. 1889 loan, 103 ; 1879-1904 loan, ,101:f; 4 per pent, .inscribed stock, Adelaide wheat, ex store, 35/6 ; New Zealand ditto, 30/6 to 33/-; Adelaide flour, 23/6. ~ • ~ - Tallow, Australian, average quality beef and mutton 31/. , '".''■ ' . At to-day's wool"auqfion 0000 bales were catalogued. Tho market continued firm. The first series of;.next year's auctions will commence on the 20th January. ;