ENGLISH AND FOREIGN MARKETS.

Temuka Leader, Issue 2393, 1 September 1892, Page 4

ENGLISH AND FOREIGN MARKETS.

London, August 28. Tallow, medium, 24s (3d; beef, 235. The English wheat market is heavy and inactive, and the Continental is declining, while the American market ijs showing a general decline. At the Antwerp wool sales competition is wewfc. and prices are five centimes under the rates puling on the opening day. Half the quantities offered have been withdrawn. The wheat cargo, ex Ivilmory, is realising 20s Gd, August 29. Dornbusch's circular estimates that the European crops will be about the average. Heavy rains are delaying the English harvest and causing mildew. The threshing reports are unfavorable. Hop picking has begun.. The condition of the crop has improved, but mould is still present. A receiving order has been made against Jyedfern, Alexander & Co., colonial merchants, of Great Winchester street. The liabilities are £300,000. The precise reason of the failure is not known, but it is attributed to family matters.

The Treasury is willing to allow the Australian mints to coin silver tokens special U> Australia, if the colonies collectively desire it, or to coin British tokens of silver as agents, the head mint receiving jj. reasonable allowance from the profit towards the loss incurred in the coinage of gold; this arrangement to terminate on the «4>Oj)tion of federal ion. also to be coiiiiagvfit on the complete concert of New ftout}} V?"ales and Victoria.

City importer* of colonial produce are urging shippers in jN'cw Zealand to appoint an expert in London to purvey mid report on the condition of cargoes of prGfiaco- on their arrival. Ottawa.. Aug. 28.

It is estimate*! thnt there will be a deficiency of 8,000,000 basj.iels in the Canadian wheat crop. St. I'ETEiiSBUito, August 28. The harvest in the Astrakhan district is a failure.