Commercial News

Feilding Star, Volume XIII, Issue 33, 15 September 1891, Page 2

Commercial News

♦ TTNHJED PRESS ASSOCIATION. I London, September ll. : " The- Times states that the wheat. bar»~ 1 ley. and oat crops are from 6 to 8 per- ! cent worse than a month ago, .and that . the wheat is a bad colour. Lamb, SJ; Wellington mutton, 3|d^ ; beef, hind -quarter,. 4§.d. „ ' New ZeakEd hemp is firm at a slight v advance - good quality firm at £2s i per ton ; fair to medium, £21 os. . Tbe kauri gum market is active, and advanced 5s per cwt ; dark brown, £8 Bs. Two thousand cases were sold at recent' auctions. Wool quotations are unchanged. The Bank of England returns published to«dapy show a total reserve of £17,282,. 000, being an increase of £564,000 as compared with the previous week.* The proportion of reserve to liabilities is 46.. 49. New Zealand 4 per cent, inscribed stock, 105 ; 3| per cent, do, 94. New Zealand long berried wheat is weaker at 44s 6d. For cargoes on pas. sage sellers ask 42s 6d. buyers ofFer 425. Off the coast cargoes are quoted at 425---6 d, but the buyers will not give morethan< 42s Canterbury mutton, 4d per lb. September 13. Tallow— Medium mutton, 26s 6d~ medium beef,. 24» 9d. ■ ' *" The total quantity of wool catalogue* up to date is 72,200 hales, of which 64,400) bales haye been sold • Prices ; have a\ hardening tendency, especially the betted sorts. SjF^ For New Zealand wheat, off coast, settlers are asking 41s 6d, but buyers refuse■to « ive more than 41s. Antimony, £40

x he New Zealand Loan- and Mercantile Agency Company (Limited) haye received the following ea^le advieo from their London office,, dated llth instant:— Frozen meat-There is a rather better demand for betf and mutton. For lamh the market is firmer, and prime" NewZealand lambs are worth percareaseßd ncr lb. Other quotations unchanged ■ since last elegram. Tallow-'J here isa „ rather better demand. Pr lme muttom t a '?T e M 01fth 27s P ep cwt, and good beef 25s 6d New Zealaad hemp-The market is slightly better.