Commercial News
(per press association. London, March 28. Wheat is sixpence cheaper. March 29. At the opening of the wool sales to* day, 12,300 bales were catalogued. There was a good attendance and fair competition. Merinos underwent a decline of 5 percent; good crossbreds remained un> cnan ged, but inferior sorts were sliglitlj in the buyer's favonr. The number of bales of wool arriyed to date are 416,000. French buyers are active, but others are quiet. Merinos and crossbreds are Is 2d per Ib. The number of bales of wool arrived to date is 416,000. French buyers are active, but others are quiet. Merinos and crossbreds are |d per lb lower. The Bank of Australasia has declared a dividend of 32J- per cent, and carries forward LI 5,000 to the resetve. • Sydney, March 30. Wheat— Chick, 4s ; milling, 4s 8d to 4s lOd. Oats — Feeding, 2s 2d to 2s 6d ; seed, 2s 7d to 2s Bd. Maize, 2s 6d to 2s 7d • bran, lid ; pollard 7£d : peas, 3s 6d. Potatoes— Warrnnmbools, £3 10s; Circular Heads, £g 6s. Onions, £3 los. Butter— Dairy made, 10d ; factory, Is. Cheese, 3^d to 6d; bacon, 6d to 7^d j haras, N.Z., 10d to lid.
The New Zealand Loan and Mercantile Agency Company, Limited, to date of London, March 28, report ;-Frozen Meat.— Tne market is easier. The price of heef has declined id per lb. Quotations are nominal. The price »f mutton has declined *d. The price of lamb has declined *d- Quotations are : Canterbury mutton, Ud per lb; Wellington, 4|d per lb. New Zealand hindquarters. 4£d per ]b". New Zealand forequarters, 3-gd. Prime New Zealand lamb, per carcase, S The New Zealand Loan and Mercantile Agency Company, Limited, hare receired the following cable message
from London, dated 29th inst. :— Woo! — Tin* sales opened this day ut prices ruling in buyers' favour for crossbred, and at an average decline of nbuiit 5 i cr cent on list files' closing rates for inn-ism. The attendance of both Homo nutl foreign buyers is Rood, and competition fairly active The total quantity available, including wool hel'i over from last series, is 440,000 84,000 bales of which have been forwarded to the manufacturing 1 districts direct. I (For continuation of Reading Mutter see | fourth page.)
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Bibliographic details
Feilding Star, Volume XIII, Issue 117, 31 March 1892, Page 3
Word Count
377Commercial News Feilding Star, Volume XIII, Issue 117, 31 March 1892, Page 3
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