MONETARY AND COMMERCIAL.

Temuka Leader, Issue 2684, 12 July 1894, Page 4

MONETARY AND COMMERCIAL.

London, July 9. At to-day’s wool sales the lots offered were of inferior selection and were chiefly New Zealand brands. Competition was brisk aud prices were fully maintained. The “Ashley Downs” brand brought 9|d, “ Gleixtui ” 7|d, and “ Peteue ” B|d. The total quantity of wool catalogued up to date is 59,400 bales, of which 55,200 bales have be m sold. Tallow, medium mutton, 23s fid ; beef, 235. The English wheat market is declining, tbe Continental is du I !,and tie Amexicau is declining. A cargo of South Australian wheat has be an sold at 22a 9d aud auother 22a fid. A cargo of Victorian wheat was deposed of at 235. Rabbit skins ate in poor demand aud have declined Id. Messrs Weddell sent seven car loads of frozen meat, ex Turakina, to Vienna, and are negotiating with the Government for a contract for further supplies. A rise in the be 'f market is expected, owing to the stoppage of American supplies. At the wool sale auctions competition was brisk and prices fully maintained with an upward tendency for sorts best suitable for Amei ’ca. New Zealand wools generally brought 9d ; “ Willis & Swanston ” clips 9£d, and “ Brancopeth ” 9gd. St. Petersburg, July 9. Russia is raising a loan of £7,000,000 at o cent. tuU crop generally is satisThe Rusax-U -.nmaled that the factory, and xt is e. harvest will be about the average. Bebne, July 9. A Gratz newspaper assorts that the Austrian Government has decided to make the experiment of introducing Australian frozen meat for the use of the army. Tho s mo paper alleges that several car loads of colonial me:it rout to Vienna were purchased by butchers and retailed as homo fed. Sydney, July 9. A letter has been re eived by the Government from Johannesburg, suggesting that considerable benefit would aecxao to tho colony commercially if represented in South Africa, where tho markets oiler increasing facilities for tho sale of many colonial products.