Commercial News

Feilding Star, Volume XII, Issue 30, 26 August 1890, Page 3

Commercial News

(PEE UNITED PRFSS ASSOCIATION! London, Auiju<t 22. South Australian R-heat, 33s 6 i ; Vie torian ditto, 38s sales iv n-j restr:- ;'rl ; lsew Z'alnnd long-berried wiie:i.t, 3Ss. firm. B' J ?t Scotch pig iroc, f.o.b in Clyde., 49$ 9d cash. It is predicted tthinnerf nncr^ r h'-p-; will cmiiir;and as uiuirh as 10 guineas at Liit 1 o;irn ing of the season. There is a ffo« i mark i for Australian, which wo^ld j»roba l i!y realise £6. Bank of New Zealand shares (oid) £•5 to £6; new, £6 10s to £7 10s. K W sellers. It is uudersto^d ("hat th? Bmk w'il c. ntinne to admiirsler the Giubo sssk:---«n bebalf of the Company. The Estates Coinpuiy's debentures are lower, and are quoted at a quarter discount to pay. August 23. Tallow — Medium mutton, 25s 3d ; medium beef. 24s 6d. F<>r >ew Zealand wheat on passau" 1 sellers are asking 36s 6d. but buyers wi i not give more than 365. Colonial oat% common sorts, averaije 23s 3J. A cargo of wheat per barque Glenlora, from Tim aru, sold at 275. Since the close of the last series of sales the wool market has been gui -f. Fresh arrivals to date tot dup to ICB, I 0 bales, of wbich 26,' 00 have been >enr forward. Ki'ports from the manufacturing districts are satisfa<tory. < -alvanised iron— Orb brand, £18, Gospel Oak brand, £17. August 25. The harvest of the United Kingdom is not generally prosperou?, The hay crop is a failure, and wheat is partially so. The barley crop ia heavier than last year. Antwerp August 24. The wool sales closed yesterday. Twelve thousands four hundred iiales of River Plato and Cape wool were offered, of which 7800 were sold. Good fin" quality commanded an advance up to 15 centimes above the Jut c rales, inferior quality an advance of 10 centimes. Five thousand nine hunded bales of Australian were offered, an<l 3400 solH. Full rates, equal to those of last London series were obtained.

i The New Zealand Loan mid Mercannle Agency Company (Limited) have received the following cable message from their London office, dated 22nd August ; — "Tallow. — There is a good demand. Best quality mutton tallow, 26s 6d. Quotations for beef tallow unchanged since last report. Frozen Meat. —Market easier Canterbury mutton is worth 4^<i per lb. Uew Zraland beef, hindquarters, are worth 3|d per lb. Others quotations un changed since hist report."