COMMERCIAL.
London, April 22. The wool sales were largely attended ; I competition animated. Prices for Australian id to Id higher. There is an advance in greasy descriptions in most markets. New Zealand 164 bales. The .third series commences on June 22. Tallow, little doing. L 707,000 New Zealand taken up at and above L 96 ; L 492,000 at and above" L 95 10s ; average rate, L 95 17s 6d. New South Wales loan L 1,630,700 has been tendered for; applications forL9B,loo were received at two-thirda above the limit ; allotment in full, i Quotations.— New Zealand Loan and Mercantile Agency, §ths to §ths premium ; Trust and Loan Company, ifthstoLfths; Otago and Southland Investment Company, £ discount to quarter premium. The Money Market is easy. - Bank of New Zealand shares, Ll6 5s to Ll6 10s. Closing quotations Kew Zealand sixes, 108£ to 109| ; fives, 97i to 98£. Flax— 3oo bales were offered of old parcels and low quality and low prices was accepted. Holders of good samples are firm. L and S parcels realised L 34. Large arrivals per Countess and William Da vie are expected to depress prices. San Francisco. Wheat higher. No shipments, and local speculators buy at 2|c to 3c per lb for fair samples: Flour, best samples, Bdol to 8'25d01. The wool market is inflated, 25c to 33c for common.
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Bibliographic details
Grey River Argus, Volume XI, Issue 889, 2 June 1871, Page 2
Word Count
221COMMERCIAL. Grey River Argus, Volume XI, Issue 889, 2 June 1871, Page 2
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