The London Markets

Feilding Star, Volume X, Issue 93, 12 February 1889, Page 3

The London Markets

GENERAL ADVANCE IN WOOL. By Elefetric Telegraph.— Copyright. (FEB UNITED PR WSB ASSOCIATION. ) ........ '•; London. February 9. Tallow; is stall' much depressed. At the auctions to-day only 75 casks were sold. The present quotations are— best mutton 30s, best .beef 29*. The English wheat market is improving Continental remains firm, and American is steady; for Australian new crop, onpaiwage, 38 ia asked; for Kg" .Zealand ditto. 365; Austrakan flour, 206; peas,47s3d. At the woolsales increased eagerness is shown by buyers, and the biddings are brisk. The advance is general, crossbreds being in especial demand. Up to date 144,000 bales have been catalogued, of which i 28,000 have been sold. The New Zealand Loan and Mercantile Aeency Company (Limited) have received the following telegram from their London London office, Idated .9th instant :— Wool .-Competition is increasing, -and market i« firmer. 'Tallow has declined per. ton since last>report. Quotations^nommal. Messrs murray, Roberts and Co. re--ort .__« to-day in receipt of the followine oabfe message from our London fronds Messrs Sanderson, Murray and •Co! regard wool sales :-« London, Bth W«bruafv?^?:oreign buyers operating, £!elv Tha market is stronger for scoured SSo, ana '"» crossbred the market- is SSt»3Ba'a?»aiwea a ,, shade for 'croßs; SSrj^a greaWy -ip^ino. . rates 5* i^*at ttf crera^g: rates of last