Commercial News
PBEPBESfiVAaBOatA.TIOM). 4 V " Loinio^ January 6. The American >isible wheat supply is estimated at 69^60,000 bushels'." . The total quantity x>F i wheat and flour aflbat for the United K?nsd6m ; is 2,468,---000 quarters, and for the Continent I,*' 304,000 quarters, - ;: ; ; >;;5 Money is declining conhnuauslyjpwing I to a cessation in the export • of 'gsld. Three months' bills are discounted' al;J2J percent. ; ' /..' .' _'^[ '''"'.'-; ' s TheflW Zealand Loan and;Merban. tile Agency- Company; (Limited)' report on the produce markets for week ending Wednesday, 6th January, as follows *— Wool — Since las t wri ting we; nave disposed of the bulk of the lots/passed ;in at our auction of 28th ult. at satisfactory prices. The next series, -of coio^ial^ifJiiol sales also open in London the',latter:end of the month, iwhen the' first abipinents of the new clip^ will be brongh^: forward. We wish there were reaspnable/jfrjojotids for anticipating an improvement in prices in London, but whilst it is' quite on the cards that better values, may. rule at next series, there is no visible indication of any upward tendency in the Old Country. Labour and financial troubles are still strongly in evidence,- seriously crippliner the manufacj;urer^ ar id^p re . eluding anything like as eiteiisiye-Cpfera-tions. as would lesult under a hapjjsfer outlook, and added to this is $he .in« creased cost of food commodities, which to some extent reduces the purchasihg power of the consumer. :s^;{ i?U Sheepskins— Owing: to the holidays, the quantity brought forward has r been somewhat smaller than usual. We have, however, placed some, large lots at full market rates; We quote green crossbreds Is 3d* to 2s 9d. Lambskitis^ls 5d to 2s 2d. Country skins, 3§d to 6 per lb. Tallow fat continues in good request. We quote inferior to good, 145, t0 18s ; prime shipping lines of mutton; c 2Os to 235 ; rough fat,. 13s pec cwt. London market quotations are unaltered. Hides — Wo are unable to quote any alteration in rates. ; • V
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Bibliographic details
Feilding Star, Volume XIII, Issue 82, 9 January 1892, Page 2
Word Count
322Commercial News Feilding Star, Volume XIII, Issue 82, 9 January 1892, Page 2
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