Commercial News.

Feilding Star, Volume XIII, Issue 23, 22 August 1891, Page 3

Commercial News.

[ £er united press association . I - -_ London, August 19 The quantity of wheat and flour afloat for the United Kingdom is two million quarters ; for the Continent, twos million five hundred and fortyfour thousand. - Shares in the Bank of New Zealand, hew issue, £8 ; National Bank, 10s. - Money has an upward tendency, owing to continued withdrawal of gold. Three months bills, If per cent. •The E.M.S.' Tongariro arrived at Plymouth to-day, with meat in good condition. The Daily News thinks wheat may possibly advance to 50s per quarter before the end of the year. 4 August 21. The cargo of wheat by the Ben Nevis from Timaru has been sold at about 41s. Heavy rainfalls m South of England are damaging the crops. ■* Berlin, August 19. In the retail market,rye has doubled in price, but corn remains flati It- is estimated the world's production of -rye will 'be forty million quarters short of the amount required. August 20. The Antwerp wool sales open on the ~ Ist September. Among*, the bales catalogued are 9000 of ttiver_ Plate, and a ' small consignment from Australia. : New Yobk, August 19. * President Harrison, in the course Of • a epeech at Albany, ..said tke ■scarcity of wheat in Europe gave the United States an opportunity to bring Jb&ck lost gold through the' medium of '«xpotte. - St. Petebsbtxb&, August 20. . ' Kussia is buying grain in such quantities as to create a war scarce. Ottawa, August 21. The officials estimate of the Canadian wheat ciop is sixty-two millions bushels, which will eive thivty-five millions for «xport ; This is triple last year's surplus.