London.

Manawatu Herald, 8 October 1895, Page 2

London.

At the wool sales tbe Horn* c <m , optidon is ex emely keen, anl ih French and the German d^mmd iincreasing, bat American buyers aiv , doing very little. The advance . shown at opening of the sales has in dome instances been exceeded. Driep, sbafty scoured merinos are 20 and coarse cro3.shmU.2s per cent, above the rates ruling at the July series ' Wool is very firm. The Mancht srnr syndicate which proposps w» p»a^lish adir^ot- a'enra-'r service with the colonies is willing to reduce the freghts fium 10 to 15 p r cent, below the. London rates, but in< • sists that the contract shall be for at least two years. New Zealand long-berripd wheat, >.. ex warehouse, nominally 26^ 61; I South Australian do, firm 27s Qd ; Victorian do, restricted, 27s 6d. ,; Off. coast, cargo.es , and jhose on i passage are offering at 25-) ; buyers offt?r 6d less. English whemt averages —Red 25s 9d. and white 27«. Tbe New Zealand frozen mutton market is firmer, and the stocks from that Colony are lie:h.t. There ■ is a better demand. First quality realisep . 4f 1 per lb ; second do, 8$ 1. , Lamb, 4f d. The New Zealand bemn market is firm ;. 198 bales from N^-w Z;a---1 land were bought in at £17 per ton. Butter has an upward tendency.