London Markets
(PER PRESS ASSOCIATION.) London, August 26. The bank rate of discount is five per cent. Wheat, longberried, 28/6, flat. Mutton, first quality, -/3j ; second quality, -/BiJ. Lamb, first quality, ./3*J. Hemp is unchanged. Danish butter, 124/-. Adelaide wheat, 29/6, weaker ; Victorian, 29/-, quiet. A cargo of wheat trom Adelaide has been sold for 27/4 L German sugar, 14/9 ; Java, 17/6, quiet. The chaff brought from Australia by the Ophir is as yet unsold, and the importers expect to lose £2 per ton on the venture. Merchants consider it will never pay to import chaff from Australia, owiug to the amouut of freight to be paid on it. It is estimated that the American wheat crop is unreliable, but it is believed that there will be about four hundred million bushels. The Italian crop is estimated al 14; million quarters. The New Zealand Land Association (Limited) has receired from its London oflice the following message by cable, dated 25th instant :— Frozen Meat— The mutton market is quiet, aud quotations are unchanged since last telegram. The lamb market is depressed, and the deis not likely to improve. Prime New Zealand lamb is vow worth per carcas* 2?d por lh. Tallow— The market is steady, but ») notations remain the same.
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https://paperspast.natlib.govt.nz/newspapers/FS18930828.2.19
Bibliographic details
Feilding Star, Volume XV, Issue 50, 28 August 1893, Page 2
Word Count
209London Markets Feilding Star, Volume XV, Issue 50, 28 August 1893, Page 2
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