COMMERCIAL.

Temuka Leader, Issue 2456, 26 January 1893, Page 4

COMMERCIAL.

ASHBURTON WOOL SALES. Ashbubton, January 23. At the wool sales 1200 bales were offered. For crossbred, prices were equal to the December sale ; merino was slightly lower than at the December sales. Including both sales, 3200 bales were offered, and only one clip unsold, so that this was the most successful season of local sales.

MONETARY AND COMMERCIAL

London, January 22. Tallow, medium mutton, 29s ; beef, 28s. The maize moth is causing destruction amongst the maize crops.

January 23.

Four hundred thousand spurious shillings have arrived in England from Germany. Wheat has fallen 6d per quarter. 9500 quarters to arrive in February and March have been sold at 325.

The Antwerp wool sales are fixed for January 31st, and two succeeding days. Only 1200 bales of River Plate and 800 Australian are catalogued. Importers complain of the irregular arrival of beef shipments. Importers of frozen beef advise that the carcases of cows be sent separately. New Yobk, January 24.

An elevator at St. Louis caught fire, and 1,250,000 bushels of wheat were destroyed before the flames were extinguished. The damage is estimated at 1,500,000 dollars.

In the course of an interview the President-Elect, Mr Cleveland, said the Democrats had placed him in power to repeal the McKinley tariff. Returns showed that the value of the United states imports for the year had increased by £9,500,000, and the exports decreased £0,400,000.