COMMERCIAL.

Temuka Leader, Issue 1905, 18 June 1889, Page 4

COMMERCIAL.

AUSIRALIAN MARKETS. Sidney, June 14. Wfoeatj 4s 2d to 4s 6d. A-further decline is anticipated- The cargo, of wheat, ex Q-atherer, from San i?rancisco, has been sold to a firm of millers, and will net therefore go into market, June 15, The bulk of the cargo of wheat ex Bothwell Castle has been sold to a country miller. New Zealand wheat now in the market is selling principally to country miliars. ENGLISH MAMETS. London, June 13. The quantity of wheat and flour afloat for the United Kingdom is 1.580.000 qrs., and for the Continent 304.000 qrp. The American visible supply is estimated at 18,875,000 bushels. Shares, average quotations, Union Steamship Company, £l4 0s sd; New Zealand shipping Company, £4 10s ; Shaw Saville and Company, £8 10s. Zealand frozen mutton, s|d ; lambs, 6fd. New South Wales mutton, 4fd. The present stock of( mutton 25,000 carcases. There is no I sale fpr frozen beef. *

The New Zealand Loan and Mercan-* til# Ikgency Company has declared a dividend of 10 per cent. The tallo.w market is flat. Best mutton 28s to 28s 6d, beef 27s to 27s 6d. Sugar is active and still advancing. German; best is quoted at 25s 3d. June 14. Australian wheat, ex wharehouse, is selling at 38s 6d; the tone of the market is quiet. New Zealand long berried ex store, 38s; ithe market is improving, Java sugar, 25a. Iron, 52s Bd. June 15. There is a poor demand for New Zealand hetnp. i .Sixteen hundred bales were offered ai to-day Is auction.; Sixty bales; only were sold, at prices ranging from £29 to £3l. The prospect of the harvest'in Ehgland jis very promising. It is expected that .the yield in prance will reach the’ iaverage, but drought has to some extent damaged the Russian; harvest, and ibotb ;in Germany and Austria; certain parts have been affected by the same cause.