MONETARY AND COMMERCIAL.

Temuka Leader, Issue 2588, 30 November 1893, Page 1

MONETARY AND COMMERCIAL.

London, November 26. Tallow, medium mutton, 27s 6d; beef, 26s 9d. In the wheat market forward business in Austalasian cargo is inactive, and arrivals of foreign cargoes have not.met with ready sale. For Australian wheat,, on passage, sellers are asking 28s Oct, but buyers will not give more tl\an #Ba 3d. The sugar market is depressed. Fifteen hundred, hajjs. ojf the Queensland article were bought hi. Nov. 27. Mr Huddart will have another canierence with Mr Bowell, the C-.nadvw Minister, in January, upon what improvements in his sorvicfl are possible, and upon its extension to New Zealand. Messrs bhaffay Bros, will issue £25,000 wQrtb, of debentures in. December. Sydney, Nov. 27. Private advices indicate that a sharp decline is probable in the London butter marker. Nov. 28. A meeting of the Butter Export Association endorsed the suggestion that in view of tho collap3o of the London buttor market the pro rata charge of £d per pound be increased to Jd per pound. Melbourne, Nov. 27. Communications from a leading London firm point to an early and profitable trade in Australian fodder, Nov. 28. The Minister of Trade and Customs is making enquiry as to what effect it would have on the revenue, if the proposal to mako Melbourne a free port were carried. Last year tho pilotage and tonnage '.Vies of vessels arriving in ballast war, a lit tie over £I2OO. Mr Justice IXaod has grauted an application fox permission to make a call on shareholders in the Anglo-Australian Bank, though he expressed the opinion that it was scarcely worth while making it, as the liquidator had stated that he expected to receive only £275 out of a total liability of £150,000. Washington. Nov. 27. Tho new American tariff will reduce the duty on refined sugar from l s to :} cent, per lb. The raw article remains free.