COMMERCIAL.

Wairarapa Daily Times, Volume IX, Issue 3071, 4 December 1888, Page 2

COMMERCIAL.

' London, December 1. At the wool sales to-day crossbreds were scarce, Good quality show ail advance of Id per lb, and coarso 11 There was increased animation-"in bidding, and the improvement in prices since last auption ranged from sto 10 per cent. French and' German buyers operated freely. It is expected that: the advance of-some kinds will be more pronounced as the sales progress. Up to the present time the ohief advanoe. has been in merinos. American buyers have purchased large quantities, Tho catalogue to date -hatl included 35,800 bales, of which 86,000 were sold. •'■•■■•

.Tlio English wheat market • is firmer, the Continental" a .little better, and the American has a tending upwards. /Australian flour, ex store, 80s, New Zealand flour.-.2&s Gd, yajs are fjtinat26s,"Colonial beans'are at 80s. ■■''.■■' The New Zealand Loan and Mercantile Agency Company, Limited, have received the following, telegram from their London office, dated 80th November :--Wool—The sales gain firmness, as they progress, Frozen MeaWhere is rjodenjand for pithef mu'tfon'or'lamb,, Dajitq^iiry mutton is worth 4d per lb, and Wellington ditto B|d. For beef ■ the market is unchanged; '

•;■' §vpip Docenjbej 8, Reports from Central Cumberland Djstriot show seriousi 'damage done to the fruittre'es'. by, the'drought. There will 'be a loss qf" GO'per cent of apples and grapes,:.; ' \ : , ;'' ; •'•;':; not do muoh good unless njbre falls;. -,.-' A- Armidale, despite' the;recent rains, the wheat qrqjj is • a l gbpletg failure, 44 r po.¥ v ton, and.l|y's;;; if•" Itead, potatges/'arid, - . Jiftvi '•'■■-.■;"■ ;v