MONETARY AND COMMERCIAL.
London, April 16. Tallow, medium mutton, 255; beef, 24s 3d. The English and Continental wheat market is steady, but the American shows a general decline. Ten thousand quarters of Victorian wheat, February shipment, sold at 25s 3d. Berlin, April 17. The German Government have decided to borrow £8,000,000 at 3 per cent. Melbourne, April 17. The Pietnier predicts that there will be a large reduction in freights to London pesr.t pgasou on grain and agricultural produce. The Banking Record has compiled a table of the position of the Australasian Colonies with regard to the wool exports for each year since 1888, and as that table reveals a good deal more to account for the present condition of the colonies than most people imagine, wo republish it:— Australasian y. . Value Selling Clip of 1 e9 ‘ per Bale. Value. Season. £ £
There has been a steady decline in the value of wool since 1888, until in 1803 the value of 1,800,000 bales is loss by £233,500 thau 1,305,000 bales in 1888.
1888-80 1 .OOO.OOO 1*'4 2.1, (122.500 1880-00 1,181.(K)(> in 21,880.000 1800-01 1, (>28,000 in.'. 1'1,078,000 1801-02 1,701,000 li' 1M ,.728,000 1802-00 1,808,01)0 ii'.' 22,(100,000 1800.01 1,8(10,000 1U 21,000,000
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Temuka Leader, Issue 2648, 19 April 1894, Page 4
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199MONETARY AND COMMERCIAL. Temuka Leader, Issue 2648, 19 April 1894, Page 4
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