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English Markets.

London, June 6. Consols are quoted at 97|. The market rate of discount remains at 1, bank rate 2 por cent. New Zealand frozen mutton, prime quality, is now realising sjd to s|d per Ib,

The New Zealand Loan and Mei*can- ' tile Agency Company (Limited) have received the following cablegram from their London Office, dated 4th June. Wool. — The sales opened at level of last series to-day, except for medium and inferior greasy, for which the market is easier. Coarse crossbred has advanced from |d to nearly Id. Crossbred wools are in demand, but merinos are rather neglected. Home buyers arepurchasing freely. • The sales comprise about 320,000 bales ; 34,000 bales have, been sent direct to the manufacturing districts. "Wheat. — Market is quiet. Adelaide wheat to arrive is worth c.i.f., 36s 6d per 4801bs, June bill ; Adelaide f.a.q. is worth c.i.f. off coast, 34s per 4801bs; Adelaide is worth 35s *6d per 4961b5 ; New Zealand, 325 ; Tuscan, 34s Gd per 4961b5.

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https://paperspast.natlib.govt.nz/newspapers/MS18850609.2.9.1

Bibliographic details

Manawatu Standard, Volume X, Issue 9, 9 June 1885, Page 2

Word Count
162

English Markets. Manawatu Standard, Volume X, Issue 9, 9 June 1885, Page 2

English Markets. Manawatu Standard, Volume X, Issue 9, 9 June 1885, Page 2

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