COMMERCIAL.
EXCITEMENT THROUGH SHORTAGE OF TEA SUPPLIES. SHIPPING OF WHEAT IN BULK A SUCCESS. By Telegraph—Press Association—Copyright Loudon, Sept. 25. A shortage of supplies is causing excitement in the tea trade. Competition at tho wool market is well maintained. Prices are unchanged. The quantity of wheat and Hour afloat for the United Kingdom is 2,170,000 quarters; for tho Continent, 1,700,000 quarters. The bulk shipment of wheat loaded into the Persic at Sydney by elevator carried excellently. There was no sign of shifting. Copper, spot, is at £63 10s; three months, £63 7s. Tin, spot, £ll3 15s; three months, £lll 17s 6d. Lead, £l2 2s (id.
At the tallow sales 1750 casks were offered, and 1-150 sold. Fine’ mutton is at 32s 0s ; medium, 295. Shares: Debentures in the Bank ot‘ Australasia are at £79; Bank of Now South Wales, £l2 10s: Union Bank of Australia, £3B; National Bank of New Zealand four per cents, 101.1; New Zealand Loan and Mercantile four per cents, 895 %
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Bibliographic details
Gisborne Times, Volume VI, Issue 223, 27 September 1901, Page 2
Word Count
164COMMERCIAL. Gisborne Times, Volume VI, Issue 223, 27 September 1901, Page 2
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